Company Profile For Raymond Ltd

Raymond Ltd (RYMD.BO) (Bombay Stock Exchange)

sector: Cyclical Consumer Goods & Services · industry: Textiles & Leather Goods ·

As of 3:53pm IST

193.50INR

Price Change

-0.30

Percent Change

-0.15%

Analyst Recommendations

Overview

Raymond Limited is a multi-product conglomerate with interests in textiles, apparels, retail, brands and engineering (files and tools). It operates Raymond brand in textile industry and has a retail presence in the form of The Raymond Shop. The Company manufactures in various segments. Textiles segment includes fabric, rugs, blankets, shawls and furnishing fabric. Denim includes Denim fabric and cotton yarn. Garments segment includes readymade garments and designerwear. Files and Tools segment includes engineers’ files and rasps, high speed steel (H.S.S.) twist drills and bars and rods (HRS). Auto Components segment includes starter gear, shaft bearings and sheet metal components. Others segment includes aviation and home living. In October 2009, Grotto S.p.A. transferred it's 50% holding in GAS Apparel Ltd. to Raymond Apparel Ltd., the Company's wholly owned subsidiary.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 March 2009, Raymond Limited's revenues increased 7% to RS25.86B. Net loss totaled RS22.8M, vs. an income of RS210.6M. Revenues reflect increased sales and an increase in other income. Net loss reflects an increase staff costs, higher other expenses, lower other income and an increase in interest expenses. Raymond limited is an integrated player providing end-to-end fabric solutions.