Raymond Limited · NSE:RAYMOND
Raymond — Q2 FY27 Earnings Presentation
35 slides from Raymond's earnings presentation, Oct 27, 2026
Slide 1: Exchange cover letter: Investor Presentation
RL/SE/26-27/76 October 27, 2026 To The Department of Corporate Services - CRD The National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor P.J. Towers, Dalal Street Bandra-Kurla Complex Mumbai - 400 001 Bandra (East), Mumbai - 400 051 Scrip Code: 500330 Symbol: RAYMOND Dear Sir
Slide 2: Q2 & H1 FY27 Results Presentation
Q2 & H1 FY27 RESULTS PRESENTATION October 27, 2026
Slide 3: Table of Contents
Table of Contents Overview 3-8 01 Consolidated Highlights 9-15 02 Aerospace & Defence Business 16-22 03 Precision Technology & Auto Components Business 23-29 04 Management Team 30-32 05
Slide 4: Overview
Section 01 Overview Strategic Positioning & Executive Summary
Slide 5: Raymond Group: Unlocking Value
Raymond Group: Unlocking Value Strategic Corporate Restructuring Complete — 100% Focus on High-Barrier Aerospace & Precision Technology DEMERGED & LISTED DEMERGED & LISTED CORE RETAINED ENTITY Raymond Lifestyle Limited Raymond Realty Limited Raymond Limited Listed Sep 05, 2024 Listed Jul 01, 2025 10
Slide 6: Building a Global Precision Engineering Platform
Building a Global Precision Engineering Platform 01 •PLATFORM PLATFORM 02 INFRASTRUCTURE 03 CAPABILITIES Diversified Engineering Global Manufacturing Scale Deep Product Portfolio ● Precision PrecisionTech & Auto Components Technology & Auto Components ● 17 state-of-the-art manufacturing facilities ●
Slide 7: Global Execution Footprint
Global Execution Footprint MANUFACTURING FACILITIES 17 Across Karnataka, Andhra Pradesh, Maharashtra & Gujarat 17 GLOBAL WAREHOUSES 9 USA, 6 Europe, 1 UK & 1 Mexico Warehouse 90+ EXPORT COUNTRIES Higher Export resilience across US & EU Automotive Tools & Hardware 600+ CONTAINERS / YEAR 20 ft contain
Slide 8: Strategic Expansion & Market Diversification
Strategic Expansion & Market Diversification GREENFIELD EXPANSION BROWNFIELD PROGRESS (AP) B2C BRAND LEVERAGE Andhra Pradesh Greenfield Facility Andhra Pradesh Brownfield Facility 70-Year JK Files Legacy State-of-the-art facility progressing strictly 30+ machines commissioned; trial runs in Leveragi
Slide 9: Macro Outlook
Macro Outlook MACROECONOMIC & INDUSTRIAL MOMENTUM OPERATIONAL HEADWINDS & MARGIN PRESSURES Q2 FY27 GDP (Est) IIP GROWTH COMPOSITE PMI TRANSPORT INFLATION RETAIL INFLATION (Aug) ~7.3% 8.0% 56.5 4.6% 4.82% Q2FY26 8.2%, decline of ~1.0% YoY expansion (up from 4.9%) Mfg 55.7 | Services 55.8 Driven by fr
Slide 10: Consolidated Highlights
Section 02 Consolidated Highlights Financial Performance
Slide 11: Performance Snapshot Q2 FY27
Performance Snapshot qQ2 FY27 Consolidated Performance ₹ 683 Cr. ₹ 103 Cr. ₹ 42 Cr. ₹ 77 Cr. 15.1% 6.1% YoY: 21% YoY: 30% YoY: 117% qQ2 FY27 Segmental Performance ₹ 139 Cr. ₹ 29 Cr. ₹ 471 Cr. ₹ 61 Cr. 21% 13% YoY: 72% YoY: 15% YoY: 72% YoY: 8% 10
Slide 12: Performance Snapshot H1 FY27
Performance Snapshot qH1 FY27 Consolidated Performance ₹ 1,311 Cr. ₹ 203 Cr. ₹ 84 Cr. ₹ 77 Cr. 15.5% 6.4% YoY: 17% YoY: 22% YoY: 69% qH1 FY27 Segmental Performance ₹ 262 Cr. ₹ 55 Cr. ₹ 915 Cr. ₹ 122 Cr. 21.1% 13.4% YoY: 56% YoY: 13% YoY: 46% YoY: 24% 11
Slide 13: Consolidated Performance Trends Q2 FY27
Consolidated Performance Trends Q2 FY27 TOTAL INCOME (₹ Cr.) EBITDA & EBITDA Margin (₹ Cr.) Y-o-Y Growth Y-o-Y Growth 21% 30% 15.9% 15.1% 14.1% 683 103 628 564 100 79 Q2 Q1 Q2 Q2 Q1 Q2 FY26 FY27 FY27 FY26 * FY27 FY27 Note: *EBITDA of Q2 FY26 includes a one-time gain of ~₹13 Cr. on account of sale of
Slide 14: Consolidated Performance Trends H1 FY27
Consolidated Performance Trends H1 FY27 TOTAL INCOME (₹ Cr.) EBITDA & EBITDA Margin (₹ Cr.) Y-o-Y Growth Y-o-Y Growth 17% 22% 14.9% 15.5% 203 167 1,119 1,311 H1 FY26 H1 FY27 H1 FY26 * H1 FY27 Note: *EBITDA of H1 FY26 includes a one-time gain of ~₹13 Cr. on account of sale of land 13
Slide 15: Profit & Loss Statement
Profit & Loss Statement Consolidated Performance * YoY * YoY Particulars (₹ Cr.) Q2FY27 Q1FY27 Q2FY26 H1FY27 H1FY26 Change Change Revenue from operations 655 606 528 1,261 1,052 Other income 28 22 36 51 67 Total Income 683 628 564 21% 1,311 1,119 17% Expenses 580 528 484 1,108 952 EBITDA 103 100 79
Slide 16: Segmental Breakup
Segmental Breakup Q2 FY27 Segmental Performance REVENUE EBITDA EBITDA % Q2 Q2 Q2 Q2 Q2 Q2 Particulars (₹ Cr.) YoY YoY FY27 FY26 FY27 FY26 FY27 FY26 Precision Technology & Auto 471 409 15% 61 57 * 8% 13.0% 13.9% Components Aerospace & Defense 139 81 72% 29 17 72% 21.0% 21.0% Others 73 73 (0%) 13 5 14
Slide 17: Aerospace & Defence Business
Section 03 Aerospace & Defence Business Segment Performance
Slide 18: Aerospace Macro Tailwinds
Aerospace Macro Tailwinds 17
Slide 19: Dominating the Indian Aerospace Market
Dominating the Indian Aerospace Market As the leading exporter of highly critical Aero engine components Expertise in Precision 1,300+ 350+ 25+ 2 Decades Manufacturing for the Precision Aero Engine Parts of Latest Global Aero Components Relationship with Top Aero OEMs and Tier 1 Suppliers Aerospace
Slide 20: Segment Financials
Segment Financials Q2 Q2 Aerospace & Defence (₹ Cr.) YoY H1FY27 H1FY26 YoY FY27 FY26 At the Core of Global Commercial Aviation Revenue 139 81 72% 262 168 56% Operating through JK Maini Global Aerospace Ltd., we manufacture high- EBITDA 29 17 72% 55 38 46% complexity, mission-critical components oper
Slide 21: Mission Critical Portfolio
Mission Critical Portfolio Structure Components – 16% 20
Slide 22: Evolving Up the Value Chain
Evolving Up the Value Chain 21
Slide 23: Manufacturing Excellence - Complexity, Core Processes & Raw Material
Manufacturing Excellence - Complexity, Core Processes & Raw Material Part Complexity & Core Processes Program Specifications Raw Materials Overview ● Leap 1A Program ● Low Pressure Turbine – Stage 6 & Stage 7 12% components 8% Inconel 44% Simple Steel 43% Medium Complexity ● Dedicated facility scali
Slide 24: Precision Technology & Auto Components Business
Section 04 Precision Technology & Auto Components Business Segment Performance
Slide 25: India's Engineering Industry Overview
India’s Engineering Industry Overview 24
Slide 26: India & Beyond
Market Leadership in Engineering Consumables: India & Beyond As one of India’s leading suppliers of high-end precision components Expertise in Precision Technology 1,600+ 100+ 18+ 7 Decades and Auto Components Auto Components Manufactured Large Customers across the Globe Global Customer Locations Tr
Slide 27: Segment Financials
Segment Financials Precision Technology & Auto Q2 Q2 Components (₹ Cr.) FY27 FY26 YoY H1FY27 H1FY26 YoY Global Leadership in Motion Control & Revenue 471 409 15% 915 808 13% Consumables EBITDA 61 57 * 8% 122 99 * 24% Operating under JK Maini Precision Technology Ltd., this EBITDA Margin 13.0% 13.9%
Slide 28: Precision Technology & Auto Components
Precision Technology & Auto Components Auto Components Tools & Hardware Ring Gears Flex Plates Steel Files #1 in India #1 in India EV Market Share Market Share ICE Hybrid Market Share Drills Market Files Share PV | ~55% India | ~25% 1,600+ Others India | ~65% 6,800+ HTPTA SKUs PTM CV | ~45% Global |
Slide 29: Current Status of Operations & Outlook
Current Status of Operations & Outlook JK Maini Global Aerospace Limited (JKMGAL) JK Maini Precision Technology Limited (JKMPTL) ● JKMGAL recorded the highest-ever quarterly revenue in Q2 FY27 and ● JKMPTL achieved record-high quarterly revenue in Q2 FY27 and healthy strong H1 FY27 performance, demo
Slide 30: Sustainability
Sustainability Rayinona LIMITED Solar Power Emission reduction by using solar power. Maini used 11.5 Mn units from solar power last year Air Compressor Compressed air system audit and reduction in leakages and ‘open usage STP Sewage Treatment Plant management Paperless Factory Paperless factory by i
Slide 31: Management Team
Section 05 Management Team __,; ) | es
Slide 32: Board Members
Board Members Raymona LIMITED ) aS HARMOHAN SAHNI DINESH KUMAR LAL K NARASIMHA MURTHY ASHISH KIRAN KAPADIA Non-Executive Director Independent Directoy Independent Director GAUTAM HARI SINGHANIA RASHMI BRISGOPAL MUNDADA Chairman & Managing Director Indevendent Director TIKKA SHATRUUJIT SINGH 31
Slide 33: Management Team
Management Team RAKESH TIWARY GAUTAM MAINI SANJEEV SHARMA BHANU SRIVASTAVA Group CFO MD – JKMGAL & VC - JKMPTL Joint MD & CEO - JKMPTL CEO - Defence Business K.A. NARAYAN NAVIN SHARMA JATIN KHANNA Chief Strategy & Growth Officer - President - HR CFO - Engineering Business Engineering & Defence
Slide 34: Disclaimer
Disclaimer The particulars of this presentation contain statements related but not limited to revenues, financial results and supplemental financial information which has been compiled by the management, not to be construed as being provided under any legal or regulatory requirement and are not inte
Slide 35: Thank You
Thank You