Raymond Lifestyle Ltd — earnings calls

Raymond Lifestyle reported total income of Rs 1,560 crores for Q1 FY27, up 6% year-on-year, with EBITDA rising 11% to Rs 135 crores and margin expanding 40 basis points to 8.6%. The company became net cash positive with a surplus of Rs 154 crores versus a net debt position a year earlier, and net working capital days improved to 75 from 90. Garmenting revenue grew 50% year-on-year to Rs 296 crores driven by US-India tariff rationalization and new European and UK clients, while the company also introduced a new segment reporting structure separating emerging businesses from core operations.

Raymond Lifestyle reported its highest-ever total income of INR7,034 crores for FY26, up 11% year-on-year, with EBITDA rising 23% to INR804 crores at an 11.4% margin. Q4 FY26 total income reached INR1,810 crores, up 15% year-on-year, with EBITDA up 53% to INR152 crores and margin improving 210 basis points to 8.4%. Management described FY27 as a 'Year of Consolidation' focused on premiumization, casualization, store network rationalization, and working capital improvement across the Branded Textile, Branded Apparel, and Garmenting segments.