Raymond Limited (RAYMOND) Price & Analysis

Established in 1925, Raymond Limited is a diversified Indian conglomerate with global operations, primarily focused on textiles, lifestyle products, and branded apparel. Its extensive business activities are organized across various segments, including textile manufacturing, shirting, readymade apparel, garment production, tools and hardware, automotive components, and real estate development. Under its prominent Raymond Fine Fabrics label, the company produces a broad spectrum of suiting materials, such as wool, poly-wool, silk, polyester-viscose blends, cotton blends, and linen blends, alongside cotton and linen shirting fabrics. In the apparel division, Raymond manufactures tailored garments like suits, jackets, trousers, and shirts, in addition to denim fabrics. Its menswear range is sold through well-known brands including Raymond Ready-To-Wear, Park Avenue, Color Plus, and Parx, while traditional Indian ethnic wear is offered under the Ethnix brand. Beyond fashion, Raymond engages in industrial manufacturing, supplying steel files, various cutting tools, hand tools, and power tools. It also provides key automotive components like starter gears, water pump bearings, and flex plates. Further diversifying its portfolio, the company markets personal care, sexual wellness, and home care items, including condoms and deodorants, through brands such as Park Avenue, KamaSutra, KS, and Premium. The group also holds interests in non-scheduled airline operations and real estate development. Raymond maintains a significant retail presence with 1,486 stores globally; 1,436 of these are situated across approximately 600 Indian towns and cities, supplemented by 50 international outlets spanning nine countries. Headquartered in Mumbai, India.