Raymond Realty gains 6%, snaps 4-day losing run on strong Q2 biz update

Driven entirely by sustained sales velocity and steady price realisation within the existing portfolio, Raymond Realty saw its pre-sales rise 98 per cent year-on-year (YoY) to ₹902 crore in Q2 FY27.

Raymond Realty share price: Shares of Raymond Realty gained over 6 per cent in intraday trade on Monday, snapping their four-day losing run, on the back of a robust operational update for the second quarter of the financial year 2026-27 (H2FY27). 

 

Raymond Realty stock hit the day's high of ₹690 on BSE, rising as much as 6.46 per cent, as against the last closing price of ₹648.10. It recouped some losses following a 9 per cent decline seen during the last four trading sessions. 

 

As of 1.55 PM, the realty arm of Raymond was up 6 per cent at ₹687.10. 

 

Raymond Realty Q2 biz update

Driven entirely by sustained sales velocity and steady price realisation within the existing portfolio, Raymond Realty saw its pre-sales rise 98 per cent year-on-year (YoY) to ₹902 crore during the quarter under review, from ₹455 crore in the same period last year. On a half-yearly basis, the figure was at ₹1,602 crore from ₹760 crore, recording a growth of 111 per cent YoY.

 

 

Meanwhile, the collections rose 67 per cent YoY to ₹682 crore for the July-September period from ₹409 crore. The figure for H1FY27 came in at ₹1,233 crore, a robust increase of 57 per cent from ₹783 crore in H1FY26. READ MORE

 

The quarter experienced no new project launches, the company said in a press release.

 

We are accelerating our growth trajectory over the next two quarters with a strong pipeline of MMR launches, representing a cumulative GDV of over ₹4,100 crore, said the company.

 

During the quarter, its gross borrowings increased by ₹125 crore, bringing the total to ₹1,220 crore as of September 30, 2026. These drawdowns were primarily utilised to fund construction across FY26 project launches. "Backed by liquidity of ₹306 crore, net debt stood at ₹914 crore, maintaining a net debt-to-equity ratio well below our Board-approved ceiling of 1.0x. This capital deployment is fully aligned with a robust collection pipeline and is strategically positioned to unlock key revenue milestones over the next 12 to 18 months," it said.

 

Commenting on the performance, Harmohan Sahni, managing director & CEO, Raymond Realty, said: “We nearly doubled pre-sales this quarter without any new launches, supported by resilient sustenance sales and continued homebuyer confidence in our projects. Looking ahead, our focus centres on scaling our operational footprint through a strong pipeline of scheduled launches in MMR. Representing a cumulative GDV of over ₹4,100 crore, these launches are expected to strengthen our market position and support our objective of achieving the pre-sales guidance for FY27. Our approach remains disciplined: grow based on collections, keep leverage well within our ceiling, and compound returns for our shareholders.”