Raymond Lifestyle Limited reports Q1 FY27 results, showing 6% growth in Total Income alongside segment-specific performance
Raymond Lifestyle Limited (RLL) reported its unaudited financial results for the first quarter of Fiscal Year 2027 (Q1 FY27). The company's overall consolidated performance saw a rise in Total Income, though net profit registered a decline. Q1 FY27 figures reflected steady performance fueled by international traction and domestic demand across key segments.Consolidated Financial Performance for Q1 FY27
The company's revenue was ₹1,560 Cr., marking a 6% year-on-year (YoY) increase from the previous year's Q1 results of ₹1,475 Cr. EBITDA stood at ₹135 Cr., up 11% YoY, with an associated margin of 8.6%.
However, the profitability metrics showed headwinds. The company recorded a Profit Before Tax (PBT) loss of (₹38) Cr., compared to (₹25) Cr. in Q1 FY26, representing a 55% decline. Net Loss for the quarter was (₹23) Cr., which is a 14% decrease from the previous year’s net loss of (₹20) Cr.
The following table details the consolidated financial performance:
| Particulars (₹ Cr.) | Q1 FY27 | Q1 FY26 | YoY |
|---|---|---|---|
| Total Income | 1,560 | 1,475 | 6% |
| EBITDA | 135 | 122 | 11% |
| EBITDA Margin % | 8.6% | 8.2% | |
| PBT | (38) | (25) | (55%) |
| Net Profit Post Exception | (23) | (20) | (14%) |
Segment Performance Overview
The company reported varied performances across its business divisions: Branded Textile, Branded Apparel, Garmenting, and Emerging Businesses.
Branded Textile: Revenue for the branded textile segment was ₹684 Cr. in Q1 FY27, a 2% decline from the previous year's ₹699 Cr. EBITDA was ₹95 Cr., while the margin stood at 13.9%, down from 15.3% in Q1 FY26. The results were impacted by a strong base effect from the prior year.
Branded Apparel: Revenue for Branded Apparel stood at ₹349 Cr., representing a 4% increase from Q1 FY26's ₹335 Cr. EBITDA was ₹18 Cr., and the EBITDA margin was 5.1%, down from 7.8%. The decline in segment profitability was attributed to an adverse channel mix, although this was partially offset by reduced markdowns and network optimization activities.
Garmenting: This division showed significant growth, with revenue rising 50% to ₹296 Cr. from ₹197 Cr. in Q1 FY26. The segment achieved an EBITDA of ₹22 Cr., moving from a loss of (₹8) Cr. in the previous quarter, resulting in an EBITDA margin of 7.3%. This growth was attributed to strong order book execution following US-India Tariff rationalization and onboarding new global clients.
Emerging Businesses: Revenue for Emerging Businesses # stood at ₹79 Cr., a 9% increase from ₹73 Cr. in Q1 FY26. The segment recorded an EBITDA loss of (₹19) Cr., compared to (₹13) Cr. in the prior quarter, reflecting an EBITDA margin of (23.7%).
Operational and Strategic Highlights
The company maintains a substantial retail footprint across India and internationally. RLL operates 1,112 flagship Raymond Shops nationwide, 463 Exclusive stores for its Ready to Wear (RRTW), Park Avenue, ColorPlus, and Ethnix brands, and possesses the deepest wholesale distribution network in Indian apparel with over 20,000 trade points.
Operationally, Net Working Capital (NWC) cycle improved by 15 days, standing at 75 days in June '26 compared to 90 days in June '25, mainly due to improved collections and inventory management. The company remains a sustained net-debt free entity, benefiting from disciplined working capital management.
Management highlighted that the Garmenting business achieved an exceptional growth rate of over 50%, driven by global trade tailwinds such as the US-India Tariff rationalization and upcoming Free Trade Agreements (FTAs) with the UK and EU.
The company's ESG priorities include reducing Scope 1 & 2 GHG emissions by 15% and achieving ZLD (Zero Liquid Discharge) by 2030.
Business Overview
Raymond Lifestyle Limited operates across several key areas, including Branded Textiles (premium suiting and shirting fabrics), Branded Apparel, Garmenting (serving US, UK, and European marquee brands), High Value Cotton Shirting, and various Emerging Businesses. The company reported exporting to 40+ countries.
RAYMONDLSL Stock Price Movement
Raymond Lifestyle Limited shares slipped on Friday, closing down 2.58% to settle at ₹710.5. The stock saw considerable activity during trading, with a volume of 315,520 shares recorded as it finished below its previous close of ₹731.7.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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