Raymond Realty Ltd

Raymond Realty Limited incorporated a wholly owned subsidiary, Ten X Mahalaxmi Limited, on August 12, 2026, with an authorized share capital of Rs 100,000 divided into 10,000 equity shares of Rs 10 each, as a strategic initiative to explore and undertake new real estate projects.

Raymond Realty Limited announced that its board approved the incorporation of a wholly-owned subsidiary, Ten X Mahalaxmi Limited, with an initial paid-up capital of Rs 1,00,000, to explore new real estate projects, particularly redevelopment models, and mitigate project-specific risks. The new subsidiary will be incorporated in the state of Maharashtra and will be engaged in the real estate business.

Raymond Realty Ltd announced reaffirmations from CARE Ratings Limited regarding its various debt instruments, including Total Long Term Bank Facilities amounting to Rs.1,000 crores, Rs.730 crores, and Rs.500 crores, all carrying a CARE A+; Stable and CARE A-; Stable rating respectively, with the Rs.730 crores facility enhanced from Rs.500 crores; reaffirmations were also extended to Term Loans from Bajaj Finance Ltd (Rs.325.00), Axis Finance Ltd (Rs.200.00 and Rs.150.00), Standard Chartered Bank (Rs.355.00 and Rs.75.00), Bajaj Housing Finance Ltd. (Rs.300.00), and Yes Bank Ltd (Rs.300.00), alongside proposed Term Loans of Rs.325.00 and Rs.700.00, while CareEdge Ratings and other agencies provided general rating opinions and disclaimers without assigning specific ratings to instruments; CARE Ratings Ltd. also noted the possibility of annual surveillance/review and continuous monitoring of bank facilities.

Raymond Realty Limited will hold a board meeting on Friday, August 07, 2026, to consider approval of unaudited financial results (standalone and consolidated) for the first quarter ended June 30, 2026, according to a regulatory filing. The company, formerly known as Raymond Lifestyle Limited, also stated that the trading window for dealing in securities will remain closed for designated persons and their immediate relatives until 48 hours after the financial results are declared.

Raymond Realty announced that it has signed a Joint Development Agreement (JDA) to develop a prestigious residential project in a prime location of Parel, Mumbai marking its foray in South Mumbai. This landmark project carries an estimated Gross Development Value (GDV) of approximately Rs. 8,500 crore, making it the largest project undertaken by the Raymond Realty outside its flagship Thane land parcel to date. It also represents Raymond Realty's 8th Joint Development project in Mumbai city, reaffirming the strong momentum behind the Company's strategic expansion plan. The development gives Raymond Realty a premier opportunity to construct an iconic, large-scale residential project in the heart of the city, offering unparalleled location advantages, unhindered sea views, and exceptional connectivity. The project leverages a highly strategic location, offering immediate connectivity via the newly commissioned Atal Setu to the Navi Mumbai International Airport. It also significantly reduces commute times to major business hubs such as Worli, BKC, and Lower Parel through the Sewri-Worli Elevated Connector, scheduled to open by late 2026, while the upcoming underground tunnel is set to ensure seamless travel to Marine Drive and Nariman Point by 2028.

The company attributed the strong performance to robust underlying demand for its premium residential projects despite the absence of any new residential project launches during the quarter. It added that the sales momentum across the Mumbai Metropolitan Region (MMR) reflects strong consumer confidence and the company's brand strength in the premium housing segment. Collections jumped 47% YoY to Rs 550 crore in Q4 FY26. The liquidity as on June 30th, 2026 was Rs 270 crore, resulting in a net debt position of Rs 827 crore. The company said that it is on track to meet its EBITDA margin guidance of 17% - 19% for the FY27. Raymond Realty is a real estate developer, headquartered in Mumbai and part of the iconic Raymond Group. It has iconic aspirational, premium, and super premium residential brands (TenX, The Address by GS and Invictus by GS). The company's consolidated net profit zoomed sixty seven times to Rs 161.12 crore in Q4 FY26 comapred with Rs 2.40 crore posted in Q4 FY25. Revenue from operations surged 888.24% YoY to Rs 1,156.74 crore in Q4 FY26.Powered by Capital Market - Live

Raymond Realty has fixed 03 July 2026 as record date for payment of dividend of Rs 2 per equity share for FY 2026.

Raymond Realty announced that change in name of its wholly owned subsidiary from Chembur Realty to Ten X Realty North with effect from 15 May 2026.

Revenue from operations surged 888.24% YoY to Rs 1,156.74 crore in Q4 FY26. Profit before tax (PBT) recorded an exponential rise, surging over 121 times to Rs 205.87 crore in Q4 FY26 compared with Rs 1.69 crore in Q4 FY25. EBITDA stood at Rs 253 crore , up 49% YoY compared with Rs 170 crore in Q4 FY25. EBITDA margin reduced to 21.5% in Q4 FY26 as against 22.1% in Q4 FY25. Pre-sales surged 139% to Rs 1,519 crore in Q4 FY26, compared with Rs 636 crore in Q4 FY25. The booking value stood at Rs 1,519 crore during the quarter, propelled by a strategic blitz of four major launches ,The Address by GS (Wadala and Sion), Ten X, and the Park Street high-street retail project (Thane). On full year basis, the company's consolidated net profit surged more than seventeen times to Rs 304.59 crore in FY26 compared with Rs 17.77 crore in FY25. Revenue from operations soiared 429.17% to Rs 2,990.79 crore in FY26 compared with Rs 565.18 crore in FY25. Harmohan Sahni, managing director FY26 marks a defining chapter for us, transitioning from a period of robust planning to one of scaled execution. Our performance, particularly the Rs 1,519 crore in pre-sales this final quarter, validates our strategic adaptability and our ability to unlock value across diverse micro-markets through the JDA model. This momentum is a testament to the 'Go Beyond' philosophy'a commitment to beauty, discipline, and excellence that continues to resonate deeply with our homebuyers. As we look ahead, we remain focused on driving sustainable growth and delivering consistent, long-term value to our shareholders.' Meanwhile, the company's board recommended dividend of Rs 2 per equity share of the face value of Rs 10 each for the financial year ended March 31, 2026. The dividend, if approved by the shareholders will be paid on or after Tuesday, July 14, 2026. The record date, if declared at the ensuing 7th Annual General Meeting would be Friday, July 03, 2026. Raymond Realty is in the business of real estate development. It has a strong presence across the Mumbai Metropolitan Region (MMR). It has delivered landmark residential and commercial projects characterized by superior design, timely execution, and customer-centric innovation. With iconic aspirational, premium, and super premium residential brands (TenX, The Address by GS and Invictus by GS).Powered by Capital Market - Live

Raymond Realty announced that the 7th Annual General Meeting(AGM) of the company will be held on 14 July 2026.