What we do Raymond Realty Limited develops residential and retail real estate projects primarily in Mumbai Metropolitan Region, engaging in land development, construction, and facility management services. |
Founded in 2,019 |
Market share Significant player in Mumbai Metropolitan real estate with over Rs. 40,000 crore potential revenue portfolio including owned land and JDA projects. |
Problem solved Addresses urban housing demands by delivering premium, aspirational, and luxury residential and retail spaces with timely project completion. |
Top clients or who we serve Primarily serves residential buyers and retail customers in Mumbai Metropolitan Region through B2C and institutional partnerships via Joint Development Agreements (JDA). |
Key management Chairman Gautam Hari Singhania, Managing Director Harmohan Sahni, and experienced board with multi-disciplinary expertise in real estate and finance. |
Our journey and innovations Started in 2019 transitioning from Raymond Lifestyle; completed maiden projects like Ten X Habitat ahead of schedule, expanded Thane land bank, and launched multiple premium projects. |
Where we operate Focused in Mumbai Metropolitan Region, including Thane, Bandra, BKC, Wadala, Sion, and Mahim areas, with key land bank in Thane. |
Top products or what we offer Residential apartments ranging from 1 to 6 BHK, retail outlets, and facility management services; flagship projects include Ten X Habitat, The Address by GS, and Invictus by GS. |
Top brands Ten X Habitat, Ten X Era - aspirational segments; The Address by GS - premium; Invictus by GS - luxury segment; Park Avenue - commercial retail. |
Raw materials needed Construction materials including cement, steel, glass, and finishes sourced via contractual procurement. |
Raw materials supplier Supplied through regional and national construction material vendors and service contractors. |
Recurring vs cyclical contribution Revenue largely project and sales driven, exhibiting cyclical patterns linked to real estate launches and customer collections. |
Our industry position Emerging as a top realty developer in Mumbai with asset-light JDA model and strong land bank, demonstrating steady revenue growth and high sales bookings. |
Financial highlights 9MFY26 revenue ₹1,864 Cr with EBITDA ₹242 Cr and 13% margin; net profit ₹143 Cr showing sustained growth post-demerger in 2025. |
Geographical revenue split Revenue generated predominantly from projects in Mumbai Metropolitan Region, notably Thane, Bandra, BKC, and surrounding areas. |
Order book Strong pre-sales of ₹1,504 Cr and customer collections totaling ₹1,210 Cr for 9MFY26, with ₹10,114 Cr estimated pending collections. |
Whats driving growth Robust demand in Mumbai real estate, strategic land bank acquisitions, asset-light JDA projects, premium project launches, and growing brand recognition. |
Our future plans Launch new residential and JDA projects in Thane and Mumbai by FY27, expanding portfolio with aspirational to luxury offerings. |
Our green promise Commitment to sustainable construction with IGBC standards, zero water withdrawal from stressed regions, electric vehicle adoption, and waste management. |
Our people and values Diverse leadership with 30% female workforce, emphasis on safety, training, and value-driven corporate culture. |
Key challenges ahead Market cyclicality, regulatory approvals, construction cost inflation, and timely project delivery risks. |
Interesting facts Delivered 8 towers ahead of RERA timelines in maiden project, maintaining zero fatalities for five years at project sites. |
Risks and strategy Mitigates risks with strong internal controls, ongoing risk management, diversified portfolio, and focus on high-demand locations. |
