ARTICLE AD BOX
Mumbai: Newly demerged residential developer Raymond Realty Limited has reported a 29% rise in operating income to ₹3,039 crores as the company witnessed strong pre-sales bookings. This has meant a 11% rise in consolidated net profit after tax to ₹304.59 crores as the company saw pre sale bookings rise on the back of strong market absorption for its premium projects in Wadala, Thane and BKC in the Mumbai Metropolitan Region.
The company also benefited from the RBI repo rate reduction to 5.25%, which kept home loans affordable, while property registrations in Mumbai rose to a 14-year high. The company has also benefited from its strategy of avoiding high land acquisition costs through Joint Development Agreements (JDAs), thereby boosting its Return on Capital Employed (ROCE) to 23%.
The company’s realty venture has also benefited from its self-owned, 100-acre land bank in Thane that helps it optimize margins for its projects there.
“The rising aspirations for new age India have been a catalyst for growth for premium housing. Established in 2019 and now independently listed, Raymond Realty has quickly become one of the top five premium listed residential developers in the Mumbai Metropolitan Region (MMR) by revenue. In FY2026, we crossed the historic milestone of the ₹ 3,000 Crores revenue mark in just six years of existence.
This achievement underscores our execution rigour in a market where trust is the scarcest commodity. Regulatory reforms over the past decade have structurally shifted demand toward professional, brand-driven developers. Mumbai stands at the epicentre of this shift. In FY2026, property registrations reached a 14-year high, supercharged by massive infrastructure milestones like the Mumbai Trans Harbour Link and the Coastal Road.
We are uniquely positioned to capitalize on this structural tailwind with an overall project portfolio of ₹ 42,000 Crores. This multidecade development runway is anchored by our 100-acre owned land bank in Thane, which holds a revenue potential of ₹ 25,000 Crores at current market prices. Complementing this foundation, our asset-light Joint Development Agreement (JDA) model adds powerful growth vector valued at ₹ 17,000 Crores, enabling us to expand into premium locations like Bandra East, BKC, Wadala, Mahim, Sion and Kandivali.
As we navigate the opportunities and challenges of the coming year, our commitment to delivering sustainable, long-term value for our shareholders remains absolute,” Gautam Singhania, Executive Chairman, Raymond Group, said in a press release.
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