Raymond Realty: Charting a Bold New Course as an Independent Listed Entity

A New Era for Raymond’s Real Estate Vision

For nearly a century, the Raymond Group has stood as a pillar of Indian industry, evolving from its roots in fabric manufacturing to become a diversified conglomerate with a strong presence in engineering and real estate. Today, the group embarks on a transformative journey as it officially demerges its real estate business, Raymond Realty, into an independent, listed entity—unlocking immense growth opportunities and positioning itself as a pure-play real estate powerhouse.

Demerger: A Strategic Leap Forward

The demerger scheme, effective from May 1, 2025, and with a record date of May 14, 2025, marks a pivotal moment for Raymond Ltd. Each shareholder of Raymond will receive one share of Raymond Realty for every share held, ensuring a seamless transition and equitable distribution of value. This move enables Raymond Realty to chart its own growth trajectory, free from the constraints of a diversified conglomerate, and empowers it to pursue ambitious expansion plans in India’s dynamic real estate market.

Unlocking Shareholder Value and Growth Potential

Raymond Realty is set to list on the stock exchanges in the second quarter of FY26, following all necessary regulatory approvals. The independent listing is expected to attract new investors, enhance liquidity, and provide the flexibility needed to capitalize on emerging opportunities in the real estate sector. According to Amit Agarwal, Group CFO of Raymond Ltd, “The demerger will position Raymond Realty to pursue its growth trajectory as an independent pure-play real estate business.”

A Legacy of Excellence and Innovation

Raymond’s journey began in 1925, when it pioneered fabric manufacturing in India. Over the decades, the group diversified into engineering and real estate, building a reputation for quality, innovation, and trust. After successfully demerging its lifestyle business into a separate listed entity in 2024, Raymond is now carving out its real estate vertical—a testament to its commitment to sharpening focus and maximizing shareholder value.

Strong Financial Foundations and Growth Momentum

In the 2024-25 fiscal year, Raymond Ltd reported a remarkable rise in net profit, reaching ₹7,635.62 crore, up from ₹1,643.07 crore in the previous year. Total income also surged to ₹2,105.24 crore from ₹1,137.17 crore. The real estate business itself sold properties worth ₹2,310 crore, reflecting robust demand and strong market positioning. Raymond Realty’s revenue pipeline now stands at an impressive ₹40,000 crore, driven by both its core Thane land parcel and a growing portfolio of joint development agreements across Mumbai.

A Vision for the Future

With its new status as an independent, listed company, Raymond Realty is poised to accelerate its growth, expand its footprint, and set new benchmarks for excellence in the Indian real estate sector. The company’s leadership is optimistic about the future, confident that the demerger will unlock value, drive innovation, and deliver sustainable returns for shareholders.