Raymond Future Growth

Future criteria checks 1/6

Raymond's earnings are forecast to decline at 24.8% per annum while its annual revenue is expected to grow at 12.3% per year. EPS is expected to decline by 18.6% per annum. Return on equity is forecast to be 18.2% in 3 years.

Key information

-24.8%

Earnings growth rate

-18.6%

EPS growth rate

Luxury earnings growth	21.7%
Revenue growth rate	12.3%
Future return on equity	18.2%
Analyst coverage	Low
Last updated	08 Apr 2024

Recent future growth updates

Recent updates

Is Raymond Limited (NSE:RAYMOND) Expensive For A Reason? A Look At Its Intrinsic Value

Oct 25

We Think Raymond (NSE:RAYMOND) Can Stay On Top Of Its Debt

Sep 02

Raymond (NSE:RAYMOND) Knows How To Allocate Capital Effectively

Aug 09

With EPS Growth And More, Raymond (NSE:RAYMOND) Makes An Interesting Case

Jul 25

We Ran A Stock Scan For Earnings Growth And Raymond (NSE:RAYMOND) Passed With Ease

Apr 18

Shareholders Would Enjoy A Repeat Of Raymond's (NSE:RAYMOND) Recent Growth In Returns

Feb 05

Here's Why Raymond (NSE:RAYMOND) Can Manage Its Debt Responsibly

Dec 26

We Like These Underlying Return On Capital Trends At Raymond (NSE:RAYMOND)

Oct 21

Is Raymond (NSE:RAYMOND) A Risky Investment?

Jun 11

The Strong Earnings Posted By Raymond (NSE:RAYMOND) Are A Good Indication Of The Strength Of The Business

May 24

Investors Will Want Raymond's (NSE:RAYMOND) Growth In ROCE To Persist

May 18

Calculating The Intrinsic Value Of Raymond Limited (NSE:RAYMOND)

Mar 31

There Are Reasons To Feel Uneasy About Raymond's (NSE:RAYMOND) Returns On Capital

Dec 21

Estimating The Fair Value Of Raymond Limited (NSE:RAYMOND)

Nov 25

Is Raymond (NSE:RAYMOND) A Risky Investment?

Nov 04

Is Raymond (NSE:RAYMOND) Using Debt Sensibly?

Jun 14

If You Had Bought Raymond's (NSE:RAYMOND) Shares Three Years Ago You Would Be Down 57%

Mar 07

Could The Raymond Limited (NSE:RAYMOND) Ownership Structure Tell Us Something Useful?

Jan 11

Is Raymond (NSE:RAYMOND) Using Too Much Debt?

Dec 07

Raymond's (NSE:RAYMOND) Stock Price Has Reduced 72% In The Past Three Years

Nov 02

Should We Be Excited About The Trends Of Returns At Raymond (NSE:RAYMOND)?

Sep 11

Earnings and Revenue Growth Forecasts

NSEI:RAYMOND - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	113,086	10,288	10,190	N/A	3
3/31/2025	100,232	8,567	8,274	N/A	4
3/31/2024	89,651	16,272	5,145	N/A	4
12/31/2023	85,612	16,029	N/A	N/A	N/A
9/30/2023	83,432	15,142	4,511	6,231	N/A
6/30/2023	82,580	15,133	N/A	N/A	N/A
3/31/2023	82,147	5,289	6,879	8,042	N/A
12/31/2022	80,226	5,979	N/A	N/A	N/A
9/30/2022	76,979	6,033	5,910	6,819	N/A
6/30/2022	70,810	4,978	N/A	N/A	N/A
3/31/2022	61,785	2,603	6,171	6,774	N/A
12/31/2021	55,861	535	N/A	N/A	N/A
9/30/2021	49,861	-251	5,172	5,440	N/A
6/30/2021	41,090	-2,114	N/A	N/A	N/A
3/31/2021	34,465	-2,970	6,832	7,038	N/A
12/31/2020	33,595	-4,218	N/A	N/A	N/A
9/30/2020	40,014	-2,482	4,819	5,761	N/A
6/30/2020	52,104	-312	N/A	N/A	N/A
3/31/2020	64,824	1,961	1,806	3,905	N/A
12/31/2019	70,124	3,319	N/A	N/A	N/A
9/30/2019	68,022	1,742	1,092	4,215	N/A
6/30/2019	67,667	1,531	N/A	N/A	N/A
3/31/2019	65,823	1,680	-105	2,507	N/A
12/31/2018	63,965	1,536	N/A	N/A	N/A
9/30/2018	62,056	1,449	N/A	N/A	N/A
6/30/2018	59,533	1,419	N/A	N/A	N/A
3/31/2018	58,995	1,346	-1,234	3,947	N/A
12/31/2017	57,584	1,145	N/A	N/A	N/A
9/30/2017	55,811	698	N/A	N/A	N/A
6/30/2017	55,391	349	N/A	N/A	N/A
3/31/2017	53,533	255	N/A	3,481	N/A
12/31/2016	54,291	499	N/A	N/A	N/A
9/30/2016	58,110	1,072	N/A	N/A	N/A
6/30/2016	51,438	819	N/A	N/A	N/A
3/31/2016	51,956	848	N/A	3,172	N/A
12/31/2015	54,836	573	N/A	N/A	N/A
9/30/2015	53,834	733	N/A	N/A	N/A
6/30/2015	53,457	1,319	N/A	N/A	N/A
3/31/2015	53,326	1,128	N/A	3,801	N/A
12/31/2014	51,761	995	N/A	N/A	N/A
9/30/2014	50,006	1,003	N/A	N/A	N/A
6/30/2014	47,703	1,245	N/A	N/A	N/A
3/31/2014	45,480	1,076	N/A	1,918	N/A
12/31/2013	43,732	1,001	N/A	N/A	N/A
9/30/2013	42,154	560	N/A	N/A	N/A
6/30/2013	41,060	140	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RAYMOND's earnings are forecast to decline over the next 3 years (-24.8% per year).

Earnings vs Market: RAYMOND's earnings are forecast to decline over the next 3 years (-24.8% per year).

High Growth Earnings: RAYMOND's earnings are forecast to decline over the next 3 years.

Revenue vs Market: RAYMOND's revenue (12.3% per year) is forecast to grow faster than the Indian market (10.2% per year).

High Growth Revenue: RAYMOND's revenue (12.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: RAYMOND's Return on Equity is forecast to be low in 3 years time (18.2%).

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Raymond Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 33%

Price target increased by 14% to ₹2,239

Recent updates

Raymond Limited to Report Q4, 2024 Results on May 03, 2024

There's No Escaping Raymond Limited's (NSE:RAYMOND) Muted Earnings

Now 26% overvalued after recent price rise

Now 22% overvalued after recent price rise

Estimating The Fair Value Of Raymond Limited (NSE:RAYMOND)

Returns On Capital At Raymond (NSE:RAYMOND) Have Stalled

Now 20% overvalued after recent price rise

Third quarter 2024 earnings released: EPS: ₹27.57 (vs ₹14.25 in 3Q 2023)

Consensus EPS estimates fall by 33%

Raymond Limited's (NSE:RAYMOND) Business And Shares Still Trailing The Market

Is Now The Time To Put Raymond (NSE:RAYMOND) On Your Watchlist?

Raymond's (NSE:RAYMOND) Returns Have Hit A Wall

Second quarter 2024 earnings released: EPS: ₹24.01 (vs ₹23.86 in 2Q 2023)

Is Raymond Limited (NSE:RAYMOND) Expensive For A Reason? A Look At Its Intrinsic Value

We Think Raymond (NSE:RAYMOND) Can Stay On Top Of Its Debt

Price target increased by 14% to ₹2,239

Raymond Limited Announces Resignation of Atul Singh, Senior Management Personnel

New major risk - Revenue and earnings growth

First quarter 2024 earnings released: EPS: ₹160 (vs ₹12.15 in 1Q 2023)

Raymond (NSE:RAYMOND) Knows How To Allocate Capital Effectively

With EPS Growth And More, Raymond (NSE:RAYMOND) Makes An Interesting Case

Raymond Limited to Report Q1, 2024 Results on Aug 14, 2023

Raymond Limited Proposes Dividend for the Financial Year Ended March 31, 2023

Full year 2023 earnings: EPS exceeds analyst expectations

Raymond Limited, Annual General Meeting, Jul 11, 2023

Investor sentiment improves as stock rises 16%

We Ran A Stock Scan For Earnings Growth And Raymond (NSE:RAYMOND) Passed With Ease

Shareholders Would Enjoy A Repeat Of Raymond's (NSE:RAYMOND) Recent Growth In Returns

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Raymond Limited to Report Q3, 2023 Results on Feb 01, 2023

Insufficient new directors

Here's Why Raymond (NSE:RAYMOND) Can Manage Its Debt Responsibly

Investor sentiment improved over the past week

Raymond Limited Appoints Narasimha Murthy as Independent Director

Second quarter 2023 earnings released: EPS: ₹23.86 (vs ₹8.00 in 2Q 2022)

Raymond Limited GDR (India) to Be Deleted from OTC Equity

We Like These Underlying Return On Capital Trends At Raymond (NSE:RAYMOND)

Investor sentiment improved over the past week

Good Glamm Reportedly Scraps Plan to Buy Raymond's Consumer Biz

Now 22% undervalued

First quarter 2023 earnings released: EPS: ₹12.15 (vs ₹23.51 loss in 1Q 2022)

High number of new directors

Raymond Limited to Report Q1, 2023 Results on Aug 05, 2022

Raymond Limited Approves Final Dividend for the Financial Year Ended March 31, 2022

Raymond Limited Appoints Atul Singh as Executive Vice Chairman

Good Glamm's Raymond Brands Acquisition Reportedly in the Dock over Valuation Mismatch, Financing Woes

Full year 2022 earnings released: EPS: ₹39.11 (vs ₹44.63 loss in FY 2021)

Upcoming dividend of ₹3.00 per share

Is Raymond (NSE:RAYMOND) A Risky Investment?

Investor sentiment improved over the past week

The Strong Earnings Posted By Raymond (NSE:RAYMOND) Are A Good Indication Of The Strength Of The Business

Raymond Limited Recommends Dividend For the Financial year ended March 31, 2022, Payable on July 14, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investors Will Want Raymond's (NSE:RAYMOND) Growth In ROCE To Persist

Raymond Limited, Annual General Meeting, Jul 14, 2022

Raymond Limited to Report Q4, 2022 Results on May 16, 2022

Now 20% undervalued

Good Glamm Reportedly in Talks to Buy Raymond's Consumer Care Business

Raymond Reportedly Plans to Sell ColorPlus and Park Avenue

Calculating The Intrinsic Value Of Raymond Limited (NSE:RAYMOND)

High number of new directors

Now 23% undervalued

Now 22% undervalued

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

There Are Reasons To Feel Uneasy About Raymond's (NSE:RAYMOND) Returns On Capital

Estimating The Fair Value Of Raymond Limited (NSE:RAYMOND)

Is Raymond (NSE:RAYMOND) A Risky Investment?

Second quarter 2022 earnings released: EPS ₹8.00 (vs ₹19.97 loss in 2Q 2021)

Independent Director Pradeep Guha has left the company

High number of new directors

Non-Executive Director Surya Gupta has left the company

Full year 2021 earnings released: ₹44.63 loss per share (vs ₹31.44 profit in FY 2020)

Is Raymond (NSE:RAYMOND) Using Debt Sensibly?