Raymond Lifestyle Ltd

Raymond Lifestyle Ltd

₹ 2,022 -0.79%
04 Dec 2:08 p.m.
About

Incorporated in 2024, Raymond Lifestyle
Ltd offers fashion products and services
with branded textile, apparel brands across formal casual and ethnic wear[1]

Key Points

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

  • Market Cap 12,317 Cr.
  • Current Price 2,022
  • High / Low 3,100 / 1,913
  • Stock P/E 5.63
  • Book Value 1,556
  • Dividend Yield 0.00 %
  • ROCE 15.6 %
  • ROE 177 %
  • Face Value 2.00

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 153%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Jun 2024 Sep 2024
1,378 883 1,315
1,167 845 1,144
Operating Profit 211 37 172
OPM % 15% 4% 13%
48 31 -30
Interest 38 41 47
Depreciation 47 58 60
Profit before tax 174 -31 34
Tax % 33% -24% 24%
116 -24 26
EPS in Rs 4.29
Raw PDF

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: 923%
TTM: 9459%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 153%
Last Year: 177%

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%

Shareholding Pattern

Numbers in percentages

Sep 2024
54.67%
12.63%
7.89%
24.78%
0.03%
No. of Shareholders 1,54,304

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents