Raymond Share Price Target 2023, 2024, 2025 to 2030

Picture this: you’re getting ready for a big event, picking out the perfect outfit that shows off who you are. When you do that, fashion isn’t just about clothes – it’s about showing your style and personality.

Now, when we talk about fashion in India, one name that effortlessly comes to mind is Raymond Ltd. With a history that spans nearly a century, Raymond has not only dressed generations but has also become a symbol of quality, class, and timeless style.

In this article, we’re diving into the intriguing world of predicting Raymond Ltd.’s share prices. But before we delve into the numbers, let’s talk about the question we wish to answer with this article i.e. Whether Raymond Ltd.’s stock price will achieve the milestone of ₹3,000 or not.

About Raymond Ltd.

Raymond Limited, established in 1925, is a diverse group that operates in the Textile & Apparel sectors. They’re not just a local player; they have a presence in over 55 countries, including the USA, Europe, Japan, and the Middle East.

Raymond is involved in various businesses, including Real Estate, FMCG, and Engineering, in addition to their strong position in the Textile & Apparel industry. They have a vast retail network with 1,638 stores. These include 1,589 stores in about 600 towns and cities in India and 49 overseas stores in nine countries.

One of their standout achievements is being one of the largest manufacturers of worsted suiting fabric worldwide. They have famous brands like Raymonds, the address, Ten Habitat, Super Drive, Ten era, and more.

They also have a successful joint venture with UCO NV of Europe called Raymond UCO Denim, which has a capacity of 56 million meters per year. This venture serves customers across the Americas, Europe, Asia, and domestic markets.

In FY23, Raymond Limited’s revenue mix is diversified as follows: Branded Textile at 40%, Branded Apparel at 16%, Garmenting at 13%, High-Value Cotton Shirting at 9%, Engineering at 10%, Real Estate at 13%, and Others at 3%.

Recent News Around Raymond Ltd.

• Shares Soar to Rs 2,000 on Strong Q1 Performance; Gautam Singhania(MD) Commends Resilience Amidst Subdued Demand. (11 Aug 2023)
• Raymond to Unleash Lifestyle Business: Spinning off as Separate Listed Entity with Debt-Free Status, Shareholders to Receive 4 Shares of Raymond Consumer Care for Every 5 Held (28 April 2023)
• Ambitious Goal: Aims for 20-25% Export Growth Driven by Successful ‘China Plus One’ Strategy (19 April 2023)

Q1 Fy2024 Key Points And Summary:

• Q1FY23 saw a 4% growth in revenue compared to the previous year.
• EBITDA showed a solid 9% increase in Q1FY23 when compared to the previous year.
• Notably, the Net Working Capital (NWC) increased in June, primarily due to the rise in inventory to meet the anticipated demand for the upcoming festive season.
• An impressive ₹1,350 Cr. in Free Cash Flow (FCF) was generated during the FY21-FY23 period.
  Of this, ₹350 Cr. was obtained from a land sale in December 2019.
• The journey to reduce net debt has been remarkable, with a substantial reduction from its peak, resulting in a surplus cash position of over ₹1,500 Cr. at the group level.

Raymond Strategic Initiatives Undertaken

1. Net Debt Reduction:
   • Achieved a substantial reduction of approximately ₹1,700 Cr. from the peak level in September 2019 to March 2023.
2. Effective Working Capital Management:
   • Demonstrated effective working capital management with a remarkable reduction of over 46%, decreasing from 98 days in September 2019 to just 53 days by March 2023.
3. Sustainable Annual Cost Savings:
   • Implemented initiatives resulting in sustainable annual cost savings of around ₹400 Cr.
4. Established Real Estate Business:
   • Successfully established a real estate business, achieving a total booking value of approximately ₹3,900 Cr. within a span of 4 years since its launch until March 2023

Raymond Shareholding Pattern Analysis

• Promoters have consistently increased their stake, now holding 49.11% in June 2023.
• FIIs saw a recent resurgence, reaching 17.76% in June 2023.
• DIIs and public shareholders have seen fluctuations, with DIIs at 5.50% and public shareholders at 27.62% in June 2023.

How to purchase Raymond Ltd. shares?

 

Raymond Ltd. Share Price Target 2023 To 2030

Raymond Ltd. Share Price Target 2023 

In the future, for the year 2023, the expected price range for this particular item is between ₹1,856.98 at the lowest and ₹2,125.20 at the highest.

Raymond Ltd. Share Price Target 2024

Throughout the year 2024, the price exhibited a dynamic range. Starting with a minimum of ₹1,872.30 in January, it steadily climbed, reaching a maximum of ₹2,462.30 in December. This year witnessed a price journey from ₹1,872.30 to ₹2,462.30, showcasing evolving market dynamics and potential investment opportunities.

Raymond Ltd. Share Price Target 2025

In 2025, the price of the item experienced significant fluctuations. It started the year at ₹1,931.96 in January and steadily climbed each month.
By December, the price had reached ₹3,001.89. This marked a continuous upward trend throughout the year, with prices moving from lower levels to higher ones.

Raymond Ltd. Share Price Target 2026 To 2030

Over the course of several years, we’ve seen the price of this item go through some interesting changes. In 2026, it started at a relatively lower ₹2,206.39 and gradually climbed year by year. By the time we reached 2030, the price had risen significantly to ₹5,463.43.

This steady increase over these five years shows a consistent trend of prices moving upward. It highlights how market dynamics can impact the cost of this item, making it important to monitor and understand these fluctuations for potential investments.

Raymond Ltd. Financial Condition (Last 5 Years)

• Sales revenue fluctuated during this period, with the highest at ₹8,215 million in March 2023.
• Expenses were generally increasing, peaking at ₹7,015 million in March 2023, indicating growing costs of operations.
• Net profit showed a significant improvement, from a low of -304 million in March 2021 to 537 million in March 2023.
• Earnings per share, a key indicator of a company’s profitability, improved from a low of -44.62 in March 2021 to 79.45 in March 2023.
• Other income saw variations but generally remained modest, reaching ₹285 million in March 2020
• Earnings per share, a key indicator of a company’s profitability, improved from a low of -44.62 in March 2021 to 79.45 in March 2023.

Overall, the company faced challenges in 2021 but made a significant recovery by March 2023, with improved sales, profitability, and earnings per share. The dividend payout remained relatively conservative during this period.

FAQS

What Is the Current Market Cap Value of Raymond Ltd.?

As of the latest available data, the current market capitalization (Market Cap) of Raymond Ltd. stands at a substantial ₹13,483 Crores, reflecting the company’s notable presence and influence in the market.

What Is The Current Share Price Of Raymond Ltd.?

Right now the share price for Raymond stands at Rs. 2024.

What Is The Share Price Target For Raymond Ltd. By The End Of 2025?

The share price target for Raymond Ltd. by the end of 2025 is ₹3,001.89. This is the price that was reached by December 2025 according to the share price trends mentioned.

What Is The Share Price Target For Raymond Ltd. By The End Of 2030?

By the end of 2030 the share price target for Raymond Ltd.  is estimated to range between ₹3,824.40 and ₹5,463.43, based on the historical data of maximum and minimum prices in the years leading up to 2030.

What Is The Return On Equity For The Last Year?

Return on Equity (ROE) for the last year is 23%, which indicates that the company earned a 23% return on its shareholders’ equity during that specific period.

What is Raymond Ltd.’s Price-to-Earnings Ratio (P/E ratio)?

The Price-to-Earnings (P/E) ratio for Raymond Ltd. stock is reported at a relatively low value 8.33.

What Has Been Raymond’s Profit Growth In The Past Five Years?

Raymond’s profit has shown fluctuations over the past five years, ranging from ₹175 million to ₹537 million in March 2019 to March 2023.

Should One Invest In Raymond Ltd.?

Investing in a company like Raymond Ltd. is not just a financial decision; it’s a journey into the world of fashion, trends, and timeless style.
The company’s market size, around ₹13,480 Cr., shows it’s a significant player. The current stock price is ₹2,025, not quite at ₹3,000 yet, but there’s potential.

Author: Kanak Kanak, set to graduate in computer science from Hansraj College in 2026, contributes her multifaceted expertise to Financesrule.com. Kanak's keen understanding of the stock market, mutual funds, and equity market provides readers of Financesrule.com with tech-infused financial insights. Beyond Finance, she is also skilled in Python and fundraising. Currently, she serves as a researcher and writer for "The Young Environmentalist" magazine.