Raymond Lifestyle Ltd
Incorporated in 2024, Raymond Lifestyle
Ltd offers fashion products and services
with branded textile, apparel brands across formal casual and ethnic wear[1]
- Market Cap ₹ 7,286 Cr.
- Current Price ₹ 1,196
- High / Low ₹ 3,100 / 1,119
- Stock P/E 50.2
- Book Value ₹ 1,556
- Dividend Yield 0.00 %
- ROCE 15.6 %
- ROE 11.7 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.77 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.8% over last 3 years.
- Earnings include an other income of Rs.2,257 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 411 | 522 | 130 | 83 | |
| 403 | 489 | 95 | 85 | |
| Operating Profit | 7 | 32 | 35 | -2 |
| OPM % | 2% | 6% | 27% | -2% |
| 2 | -4 | 15 | 2,257 | |
| Interest | 2 | 1 | 1 | 0 |
| Depreciation | 10 | 9 | 4 | 2 |
| Profit before tax | -2 | 18 | 44 | 2,253 |
| Tax % | -22% | 22% | 18% | 2% |
| -2 | 14 | 36 | 2,204 | |
| EPS in Rs | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -41% |
| TTM: | -36% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 317% |
| TTM: | 530% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 12 |
| Reserves | 89 | 104 | 138 | 2,341 | 9,466 |
| 0 | 0 | 0 | 0 | 1,854 | |
| 178 | 192 | 173 | 118 | 1,529 | |
| Total Liabilities | 270 | 298 | 314 | 2,463 | 12,862 |
| 33 | 26 | 15 | 23 | 6,336 | |
| CWIP | 0 | 0 | 0 | 0 | 53 |
| Investments | 0 | 0 | 0 | 2,323 | 1,694 |
| 237 | 272 | 299 | 117 | 4,779 | |
| Total Assets | 270 | 298 | 314 | 2,463 | 12,862 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 11 | 35 | 10 | -92 | |
| -5 | 13 | -7 | 107 | |
| -3 | -4 | -4 | -2 | |
| Net Cash Flow | 3 | 45 | -1 | 13 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 82 | 62 | 17 | 50 |
| Inventory Days | 102 | 91 | 139 | 64 |
| Days Payable | 152 | 135 | 260 | 175 |
| Cash Conversion Cycle | 32 | 19 | -103 | -61 |
| Working Capital Days | 34 | 8 | -36 | -191 |
| ROCE % | 26% | 26% | 16% |
Documents
Announcements
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Intimation Of IT Security Incident
19 Feb - Cybersecurity incident affecting IT assets reported.
-
Appointment Of Senior Management Personnel.
11 Feb - Appointment of Mr. Neeraj Nagpal as Chief Business Officer.
-
Board Meeting Outcome for Outcome Of Board Meeting
11 Feb - Resignation of Managing Director Sunil Kataria effective March 31, 2025.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Feb - Sunil Kataria steps down as Managing Director.
-
Announcement under Regulation 30 (LODR)-Change in Management
11 Feb - Resignation of Managing Director Sunil Kataria effective March 31, 2025.
Annual reports
No data available.
Concalls
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Sep 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
Product Profile:[1]
a) Branded textiles:
Company is a B2C brand for Suiting and Shirting fabrics. It has the highest market share in the worsted suiting fabric industry
b) Branded Apparel:
Ready to wear brands like Park Avenue, ColorPlus, Parx, Raymond Ready to Wear (RTW), Ethnix, etc. distributed through retail formats
including Multi-brand outlets (MBOs), Large format stores (LFS) and The Raymond store (TRS)
c) Garmenting:
RLS is a white-labelled integrated manufacturer and exporter of high-value clothing products like suits, jackets, trousers, etc.
d) High Value Cotton Shirting:
Company runs a B2B business as a manufacturer of high value / finest shirting cotton fabrics. The product range includes premium cotton and linen shirting and bottom-weight fabrics