NSEPress Release11 Sept 2026 · 11 Sept 2026, 05:48 pm
Press Release
Raymond Limited · RAYMOND
✦ AI Summary▲ PositiveOrder Win
Raymond Limited's aerospace subsidiary wins multi-programme aerospace orders from a leading Indian aerospace and defence major, with annual business potential of approximately ₹33 crore.
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Growth Catalyst8/10
Governance Concern1/10
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Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
Raymond Limited has informed the Exchange regarding a press release dated September 11, 2026, titled "Raymond Limited s Aerospace Subsidiary Wins Multi-ProgrammeAerospace Orders from a Leading Indian Aerospace and Defence Major".
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RL/SE/26-27/55
September 11, 2026
The Department of Corporate Services - CRD The National Stock Exchange of India Limited
BSE Limited Exchange Plaza, 5th Floor
P.J. Towers, Dalal Street Bandra-Kurla Complex
Mumbai - 400 001 Bandra (East), Mumbai - 400 051
Scrip Code: 500330 Symbol: RAYMOND
Dear Sir/Madam,
Sub: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”) - Press Release
Pursuant to Regulation 30 of SEBI Listing Regulations, please find enclosed Press Release dated
September 11, 2026 titled "Raymond Limited’s Aerospace Subsidiary Wins Multi-Programme
Aerospace Orders from a Leading Indian Aerospace and Defence Major”
The Press Release is also available on the website of the Company i.e. www.raymond.in
Please take the above information on record.
Thanking you.
Yours faithfully,
For RAYMOND LIMITED
RAKESH DARJI
COMPANY SECRETARY
Encl.: A/a
Press Release
Operational Update -New Aerospace Business Wins
Raymond Limited’s Aerospace Subsidiary Wins Multi-Programme
Aerospace Orders from a Leading Indian Aerospace and Defence
Major
Programmes span precision machining, aerospace castings, structural components and
complex assemblies, with an annual business potential of approximately ₹33 crore
Mumbai, [11th September 2026]: Raymond Limited, the flagship company of the Raymond
Group, today announced that during the quarter the Company’s Aerospace subsidiary secured
significant new aerospace business from a leading Indian aerospace and defence major.
The award covers more than 300+ part numbers — precision-machined, casting and structural —
across multiple aircraft applications, with annual volumes exceeding 37,000+ components. At
expected production rates, this represents annual business potential of approximately ₹33 crore.
Production commences progressively across 2026 and 2027.
Scope spans precision machining, aerospace castings, structural components and complex
assemblies, extending the Company's participation across a wider portion of the aerospace value
chain.
Commenting on the development, Mr. Rakesh Tiwary, Group Chief Financial Officer, Raymond
Limited, said: “This order win sits squarely within the product mix optimisation we have
identified as a core margin lever. The award win reaffirms the strong manufacturing
process of Raymond Ltd. that spans across machining, castings, structures and
assemblies, rather than at a single stage of the value chain, raises our capture rate per
programme and improves the quality of the multi-year backlog we are building against. It
also broadens our customer base into India's growing domestic aerospace ecosystem, in
a business that has until now been predominantly export-led.
These new orders further strengthen the Company’s multi-year aerospace order pipeline and
reinforce its strategy of building a scaled, high-precision aerospace and defence manufacturing
platform in India.
Press Release
About Raymond Limited
With its inception in 1925, Raymond began as a fabric manufacturer and then forayed in other
sectors such as engineering and Real Estate. With the acquisition of Maini Precision Products
Limited (MPPL) 2023 Raymond’s engineering business forayed into the sunrise sectors of
Aerospace & Defence & EV components and caters to international as well as domestic
markets. After demerging its Lifestyle Business and Real Estate verticals into independent listed
entities, Raymond Limited now has two core verticals within the Engineering business – Precision
Technology & Auto Components and Aerospace & Defence. It serves a global customer
base of both B2B and B2C clients across more than 60 countries in Asia-Pacific, Africa, Latin
America, Europe, and North America, with exports contributing over 50% to our total business
due to our widespread reach and customer- centric approach. Raymond’s engineering business
commands a leadership position in manufacturing files and hand tools and has a significant
presence in national and international markets.
Media Contact
Nandini- nandini.paul@adfactorspr.com
Shalini Singh- shalini.singh@raymond.in