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5003

RaymondBSE:500330 Stock Report

Market Cap

₹29.4b

7D

-6.9%

1Y

56.5%

Updated

25 Oct, 2021

Data

Company Financials
500330 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

500330 Overview

Raymond Limited operates as a textile, lifestyle, and branded apparel company in India and internationally.

Raymond Competitors

Welspun India

BSE:514162

₹140.4b

Vardhman Textiles

BSE:502986

₹103.7b

Arvind

BSE:500101

₹32.5b

Bombay Dyeing and Manufacturing

BSE:500020

₹19.5b

Price History & Performance

Summary of all time highs, changes and price drops for Raymond
Historical stock prices
Current Share Price₹441.35
52 Week High₹268.10
52 Week Low₹486.25
Beta0.98
1 Month Change0.26%
3 Month Change-1.15%
1 Year Change56.48%
3 Year Change-40.67%
5 Year Change-28.57%
Change since IPO457.26%

Recent News & Updates

Shareholder Returns

500330IN LuxuryIN Market
7D-6.9%-6.3%-4.6%
1Y56.5%97.8%61.7%

Return vs Industry: 500330 underperformed the Indian Luxury industry which returned 97.9% over the past year.

Return vs Market: 500330 underperformed the Indian Market which returned 61% over the past year.

Price Volatility

Is 500330's price volatile compared to industry and market?
500330 volatility
500330 Beta0.98
Industry Beta0.72
Market Beta1

Stable Share Price: 500330 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 500330's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19256,509Gautam Singhaniahttps://www.raymond.in

Raymond Limited operates as a textile, lifestyle, and branded apparel company in India and internationally. It operates through Textile, Shirting, Apparel, Garmenting, Tools and Hardware, Auto Components, Real Estate Development, and Others segments. The company offers wool, poly-wool, silk, polyester viscose blended, cotton blended, linen blended, and other blended suiting fabrics; and cotton and linen shirting fabrics under the Raymond Fine Fabrics brand name.

Raymond Fundamentals Summary

How do Raymond's earnings and revenue compare to its market cap?
500330 fundamental statistics
Market Cap₹29.38b
Earnings (TTM)-₹2.11b
Revenue (TTM)₹41.09b

0.7x

P/S Ratio

-13.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500330 income statement (TTM)
Revenue₹41.09b
Cost of Revenue₹26.23b
Gross Profit₹14.86b
Expenses₹16.98b
Earnings-₹2.11b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 27, 2021

Earnings per share (EPS)-31.75
Gross Margin36.17%
Net Profit Margin-5.14%
Debt/Equity Ratio110.8%

How did 500330 perform over the long term?

See historical performance and comparison

Valuation

Is Raymond undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 500330 (₹441.35) is trading below our estimate of fair value (₹1357.15)

Significantly Below Fair Value: 500330 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 500330 is unprofitable, so we can't compare its PE Ratio to the Indian Luxury industry average.

PE vs Market: 500330 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500330's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500330 is overvalued based on its PB Ratio (1.4x) compared to the IN Luxury industry average (1.1x).


Future Growth

How is Raymond forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.6%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Raymond has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Raymond performed over the past 5 years?

-36.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500330 is currently unprofitable.

Growing Profit Margin: 500330 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 500330 is unprofitable, and losses have increased over the past 5 years at a rate of 36.5% per year.

Accelerating Growth: Unable to compare 500330's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 500330 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (75.3%).


Return on Equity

High ROE: 500330 has a negative Return on Equity (-9.78%), as it is currently unprofitable.


Financial Health

How is Raymond's financial position?


Financial Position Analysis

Short Term Liabilities: 500330's short term assets (₹37.4B) exceed its short term liabilities (₹29.7B).

Long Term Liabilities: 500330's short term assets (₹37.4B) exceed its long term liabilities (₹15.9B).


Debt to Equity History and Analysis

Debt Level: 500330's debt to equity ratio (110.8%) is considered high.

Reducing Debt: 500330's debt to equity ratio has reduced from 118.7% to 110.8% over the past 5 years.

Debt Coverage: 500330's debt is well covered by operating cash flow (29.1%).

Interest Coverage: Insufficient data to determine if 500330's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Raymond current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 500330's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 500330's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500330's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500330's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 500330 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500330's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.0yrs

Average management tenure


CEO

Gautam Singhania (56 yo)

22.75yrs

Tenure

₹77,375,961

Compensation

Mr. Gautam Hari Singhania has been the Managing Director at Raymond Limited since 1999. Mr. Singhania is In Charge of all companies and subsidiaries of Raymond Group in India and abroad. He joined Raymond...


CEO Compensation Analysis

Compensation vs Market: Gautam's total compensation ($USD1.03M) is above average for companies of similar size in the Indian market ($USD303.12K).

Compensation vs Earnings: Gautam's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 500330's management team is seasoned and experienced (9 years average tenure).


Board Members

Experienced Board: 500330's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Raymond Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Raymond Limited
  • Ticker: 500330
  • Exchange: BSE
  • Founded: 1925
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹29.382b
  • Shares outstanding: 66.57m
  • Website: https://www.raymond.in

Number of Employees


Location

  • Raymond Limited
  • New Hind House
  • Narottam Morarjee Marg
  • Mumbai
  • Maharashtra
  • 400001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:39
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.