RAYMONDLSL Q2 FY27 Guidance vs Delivery (RAYMONDLSL Management Mirror)

FY27 Total Income and Profitability Guidance Reaffirmed Following H1 FY27 Revenue of Rs 3,685 Crores

In H1 FY27, Raymond Lifestyle reported total income of Rs 3,685 crores with an EBITDA of Rs 404 crores, while quarterly financial results showed Q2 FY27 revenue from operations at Rs 2,075 crores. Against the initial FY27 guidance issued in the Mar'26 quarter targeting double-digit top-line and double-digit bottom-line growth, management reaffirmed these operational targets during the Sep'26 quarter. Looking ahead, management guides for FY27 double-digit top-line revenue growth, mid-double-digit EBITDA growth, double-digit PBT growth reaching approximately Rs 220 to 225 crores, and net cash generation exceeding Rs 300 crores post-capex. Growth in H2 FY27 is expected to surpass 10% YoY, conditional on strong festive and wedding seasonality, previously planned price increases, and operating leverage.