Company Valuation: Raymond Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 56,897 81,356 120,385 93,368 21,420 79,639 - -
Change - 42.99% 47.97% -22.44% -77.06% 271.8% - -
Enterprise Value (EV) 56,897 57,865 138,660 93,368 21,420 79,639 79,639 79,639
Change - 1.7% 139.63% -32.66% -77.06% 271.8% 0% 0%
P/E - 15.4x 7.35x 1.22x - 75.7x 50.1x 40.4x
PBR - 2.81x 2.61x - 0.69x 2.43x 2.26x 2.09x
PEG - - 0x 0x - - 1x 1.7x
Capitalization / Revenue - 0.99x 1.33x - 0.97x 3.14x 2.73x 2.37x
EV / Revenue - 0x 0x - 0x 3.14x 2.73x 2.37x
EV / EBITDA - 0x 0x - 0x 26.2x 20.2x 16.4x
EV / EBIT - 0x 0x - 0x 28.8x 20.9x 17.4x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - 3 3 - - - - -
Rate of return - 0.25% 0.17% - - - - -
EPS 2 - 79.45 246.1 1,146 - 15.8 23.9 29.6
Distribution rate - 3.78% 1.22% - - - - -
Net sales 1 - 82,147 90,195 - 22,121 25,397 29,202 33,604
EBITDA 1 - 11,994 13,091 - 2,349 3,039 3,949 4,855
EBIT 1 - 9,641 10,254 - 1,828 2,767 3,813 4,579
Net income 1 2,604 5,289 16,378 76,314 53,413 1,049 1,591 1,970
Net Debt - -23,491 18,275 - - - - -
Reference price 2 854.65 1,222.05 1,808.30 1,402.95 321.85 1,196.65 1,196.65 1,196.65
Nbr of stocks (in thousands) 66,574 66,574 66,574 66,551 66,551 66,551 - -
Announcement Date 5/16/22 5/9/23 5/3/24 5/12/25 5/5/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.42x4.89x23.83x0.52% 3.95B
35.6x2.03x16.56x - 2.21B
12.07x1.66x7.04x3.3% 2.06B
23.91x1.45x12.5x0.7% 1.5B
6.45x0.73x7.14x3.36% 1.25B
24.34x - - 1.3% 1.21B
Average 22.96x 2.15x 13.41x 1.84% 2.03B
Weighted average by Cap. 26.02x 2.76x 15.76x 1.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA