Raymond Shares in Focus as Demerger Takes Effect — Here’s all You Need to Know

Shares of Raymond Ltd will be closely watched by investors in today’s trading session, as the stock turned ex-date for the demerger of its real estate business Raymond Realty Ltd (RRL). This means Raymond Ltd shares will be trading on the exchanges without the value of the demerged entity, i.e. Raymond Realty Ltd (RRL), with effect from today, May 14.

The demerger was officially announced on May 1 and by today eligible shareholders will receive equity shares of the newly carved-out entity.

Raymond Realty reported strong earnings during Q4FY25. It posted a net profit of ₹766 crore, up 13% YoY, against ₹677 crore in the year-ago period. EBITDA soared to ₹194 crore, compared to ₹171 crore in corresponding period a year earlier.

The real estate arm has prioritised timely delivery of projects. In the March quarter, the company signed two new joint development agreements (JDAs) in Mahim and Wadala, worth ₹6,800 crore.

The newly demerged entity is commencing its new journey with a cash surplus of ₹399 crore.

“This strategic separation reinforces our commitment to a pure-play model, unlocking value for shareholders and ensuring long-term sustainable growth,” said Chairman and Managing Director Gautam Hari Singhania. “With the new JDAs, we now have six active projects outside Thane, further diversifying our real estate pipeline.”

As of 11:05 am, shares of Raymond Ltd are trading at ₹551.20 apiece on the NSE, down 64.76%