Raymond Realty Debuts on BSE, Targets 20% Profit Margin

Raymond Realty Ltd, the real estate arm of the Raymond Group, will debut on Indian stock exchanges on July 1, following its demerger from the parent company.

The listing marks a major milestone in the conglomerate’s Raymond 2.0 transformation strategy, which aims to unlock shareholder value through sharper business focus and operational efficiency. The company will only pursue development projects that promise a minimum 20 percent profit margin, highlighting a disciplined and returns-focused approach. Backed by a 100-acre land bank in Thane and a growing Rs. 40,000 crore development pipeline, Raymond Realty is positioned for long-term value creation. Of this pipeline, projects worth Rs. 10,500 crore have already been launched.

Key Highlights

• Debuts July 1 as net debt-free, pure-play real estate firm
• Rs. 40,000 crore pipeline backed by 100-acre land bank + JDAs
• Committed to 20 percent + project margins and 20 percent + ROCE

The company is also leveraging capital-efficient joint development models (JDAs) across Mumbai’s high-value corridors to maintain asset-light operations and high returns.

Led by a 400+ member professional management team and guided by a strong real estate board, Raymond Realty expects annual growth of over 20 percent and a Return on Capital Employed (ROCE) exceeding 20 percent.

“As Raymond Group steps into its next century, our focus on creating Raymond 2.0 will help us continue our legacy into a dynamic, purpose-driven and future-ready enterprise reflecting our commitment to innovation, execution excellence, and nation-building," Gautam Hari Singhania, Group Chairman, Raymond Ltd., said.

"Guided by our three distinct business entities—Lifestyle, Real Estate, and Engineering, Raymond Realty is equipped with a professional management team and a strong board with a rich pedigree in the real estate sector. As Raymond Group marks a century of its operations, we are committed to delivering exceptional customer experiences, long-term sustainable growth, and enhanced value for our shareholders," Singhania said.

Also Read: Raymond Realty Eyes Rs. 25K Cr Growth, IPO Set for July 2025

 “At Raymond Realty, we are building more than just homes, and we are shaping India’s urban skyline. With a net debt-free balance sheet, 100 acres of owned land, and a capital-efficient joint development model, we are well-positioned to sustain 20 percent + annual growth and industry-leading ROCE of over 20%. This will help in further solidifying our position in the Indian real estate industry,” added Singhania.

"We have already committed Rs. 40,000 crore of potential, of which Rs. 10,500 crore of potential has been launched and some of it has been sold. We will keep adding around Rs. 5,000 crore of potential every year going forward for the future," Sahni said.