Raymond Ltd - Company Profile
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Raymond Ltd (Raymond) manufactures and markets textiles and readymade apparel. The company’s product portfolio includes shirts, trousers, fabrics, clothing, jeans, woolen outerwear, and blankets. It also provides files, power tools, and auto components, including flexplates, ring gears, and water pump bearings. The company offers personal hygiene products including PPE kits, sanitizers, and cleansers. Raymond markets fabrics and apparel under Raymond Ready to Wear (RRTW), ColorPlus, Ethnix, Park Avenue, Next Look and Parx brand names. The company is also involved in the non-scheduled airline operation and real estate development businesses. It exports products to Europe, the US, Canada, Japan and the Middle East. Raymond is headquartered in Mumbai, Maharashtra, India.
Raymond Ltd premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Pure-Wool | Made to Measure | Raymond |
Personal Protective Equipment | Custom Tailoring | Manzoni |
Sanitizers | Park Avenue | |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Plans/Strategy | In November, the company announced its plans to acquire a 59.25% stake in Maini Precision Products Limited. |
2023 | Plans/Strategy | In April, the company announced its plans to demerge its lifestyle business to Raymond Consumer Care (RCCL) to create a listed entity with B2C focused lifestyle business. |
2019 | Plans/Strategy | In November, Raymond announced its plan to demerger its core lifestyle business into a separate entity. |
Competitor Comparison
Key Parameters | Raymond Ltd | Arvind Ltd | Century Textiles and Industries Ltd | Donear Industries Ltd. | Maharaja Shree Umaid Mills Limited |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Mumbai | Ahmedabad | Mumbai | Mumbai | Pali |
State/Province | Maharashtra | Gujarat | Maharashtra | Maharashtra | Rajasthan |
No. of Employees | 6,682 | 25,188 | 4,080 | 2,478 | - |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Gautam Hari Singhania | Chairman; Managing Director | Executive Board | - | - |
Amit Agarwal | Chief Financial Officer | Senior Management | 2020 | - |
KA Narayan | President - Human Resources | Senior Management | - | - |
Jatin Khanna | Head - Corporate Development | Senior Management | - | - |
Sudhir Langer | Chief Executive Officer - FMCG | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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