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Raymond Realty to review Q2 and H1 FY27 results on 27 October

The board meeting follows strong operating growth in the first half, with pre-sales rising 111% year on year to ₹1,602 crore.

Raymond Realty to review Q2 and H1 FY27 results on 27 October

Key points

  • The board will consider unaudited standalone and consolidated results on 27 October.
  • An analyst and investor conference call is scheduled for 28 October.
  • H1 FY27 pre-sales rose 111% to ₹1,602 crore, the company said.
  • Q2 FY27 pre-sales were ₹902 crore and collections were ₹682 crore.

Raymond Realty said on 21 October 2026 that its board will meet on 27 October to consider unaudited standalone and consolidated results for the quarter and half-year ended 30 September 2026. The company has also scheduled an analyst and investor conference call for 28 October to discuss its Q2 and H1 FY27 performance.

The filings announce the dates but do not provide the financial results. The board meeting will cover the second quarter and first half of FY2026-27, while the following day's call is intended to discuss the performance with analysts and investors.

Operating update points to higher pre-sales and collections

Raymond Realty's 5 October operating update reported Q2 FY27 pre-sales of ₹902 crore, up 98% from ₹455 crore in the year-earlier quarter. Collections rose 67% to ₹682 crore from ₹409 crore.

For the first half, pre-sales increased 111% year on year to ₹1,602 crore, compared with ₹760 crore in H1 FY26. Collections rose 57% to ₹1,233 crore from ₹783 crore. These operating figures reflect sales and cash received; they are not the profit, revenue or earnings-per-share figures that will be covered in the financial results.

The company said there were no new project launches in Q2 FY27 and that sales growth came from its existing Address by GS portfolio. Managing Director and CEO Harmohan Sahni said: “We nearly doubled pre-sales this quarter without any new launches, supported by resilient sustenance sales and continued homebuyer confidence in our projects.”

Execution and balance sheet details

The operating update also said Raymond Realty received an occupation certificate for 270 units in Tower B of The Address by GS Season 1 in Thane. The units have a combined RERA carpet area of about 344,478 sq ft. The company said the certificate came around 18 months before the proposed RERA completion date of March 2028.

As at 30 September, gross borrowings stood at ₹1,220 crore, following a ₹125 crore increase during the quarter. The company reported liquidity of ₹306 crore and net debt of ₹914 crore. It said its net debt-to-equity ratio remained below the board-approved ceiling of 1.0 times. CARE Ratings reaffirmed its CARE A+ rating with a Stable outlook, citing booking momentum and execution.

Raymond Realty also reaffirmed its FY27 guidance in the operating update: about 20% pre-sales growth, return on capital employed of about 20%, an EBITDA margin of 17–19% and a profit-after-tax margin of 9–10%.

Next dates for investors

The results announcement on 27 October will provide the financial measures against which investors can assess the operating update. The conference call the next day will offer a further opportunity to hear management discuss the quarter and half-year.

The company has said it plans to step up launches over the next two quarters, including two Mahim joint development projects in H2 FY27 with a combined gross development value of more than ₹4,100 crore. Investors will also watch how the planned launches progress alongside sales, collections and the company’s stated FY27 targets.

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Satish Birla
Markets

Satish Birla covers listed real estate companies, quarterly results, deals, REITs and how market moves reflect the property cycle.

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