Is Raymond the Best Stock in Its Sector? A Look at the Numbers
- September 16, 2026
- Posted by: Harsh Piplani
- Category: Market
Raymond CMP Rs 962 (16 Sep 2026). Market cap Rs 6,650 Cr. ROE 8.92%. P/E 104.27x versus Industry P/E 31.23x.
Quick Answer
Raymond is one of the names investors compare when screening the Textile sector, built on a 8.92% return on equity and a P/E of 104.27x against an Industry P/E of 31.23x. Raymond Ltd manufactures textiles and engineering tools following the demerger of its lifestyle and realty businesses into separately listed entities, retaining the original textile and engineering operations. Whether Raymond is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Textile sector peers, so you can judge that for yourself.
Is Raymond the best stock in its sector? The stock trades on the NSE at Rs 962 as of 16 September 2026, within its 52-week range of Rs 320.00 to Rs 1,122.00. Raymond Ltd manufactures textiles and engineering tools following the demerger of its lifestyle and realty businesses into separately listed entities, retaining the original textile and engineering operations.
Raymond sits in the Textile sector, and its 8.92% ROE and 104.27x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Raymond
Raymond Ltd manufactures textiles and engineering tools following the demerger of its lifestyle and realty businesses into separately listed entities, retaining the original textile and engineering operations. At a market capitalisation of Rs 6,650 Cr, it is tracked as part of the Textile sector on Univest.
Is Raymond the Best Stock in Its Sector?
Raymond makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 8.92% ROE with a 104.27x P/E against the sector’s 31.23x Industry P/E. Raymond’s 104.27x P/E is far above the 31.23x Industry P/E and above the textile peer set used elsewhere in this series, a rich valuation that appears to reflect post-demerger restructuring expectations rather than current textile and engineering earnings.
| Metric | Raymond |
|---|---|
| CMP (NSE) | Rs 961.75 |
| 52-Week High / Low | Rs 1,122.00 / Rs 320.00 |
| Market Cap | Rs 6,650 Cr |
| P/E (TTM) vs Industry P/E | 104.27x vs 31.23x |
| P/B | 2.34 |
| ROE | 8.92% |
| EPS (TTM) | Rs 9.58 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.37 |
Compare Raymond Against Other Textile Sector Stocks
How Raymond Compares Against Its Textile Sector Peers
The table below sets Raymond against 3 other Textile sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 3 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Raymond | 6,650 | 104.27 | 8.92% | 0.37 |
| Vardhman Textiles | 16,429 | 19.10 | 7.09% | 0.18 |
| KPR Mill | 37,921 | 41.57 | 15.21% | 0.10 |
| Raymond Realty | 3,875 | 12.85 | 19.43% | 0.65 |
| Peer average (3 companies) | – | 24.51 | 13.91% | 0.31 |
Against this peer set, Raymond’s 8.92% ROE is below the 13.91% peer average, and its P/E of 104.27x runs above the peer average of 24.51x. Raymond’s 104.27x P/E is far above the 31.23x Industry P/E and above the textile peer set used elsewhere in this series, a rich valuation that appears to reflect post-demerger restructuring expectations rather than current textile and engineering earnings.
What Makes Raymond Worth Watching in Textile
- Long-established textile brand: Decades of brand recognition in suiting fabric gives Raymond distribution reach that newer textile entrants lack.
- Moderate leverage: A debt to equity ratio of 0.37 is manageable following the group’s demerger into separate listed entities.
- Rich valuation relative to current ROE: A 104.27x P/E against an 8.92% ROE is high for the current return profile, well above the 31.23x Industry P/E.
Raymond Valuation: Is It Justified?
Raymond’s 104.27x P/E is far above the 31.23x Industry P/E and above the textile peer set used elsewhere in this series, a rich valuation that appears to reflect post-demerger restructuring expectations rather than current textile and engineering earnings. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Bata India the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Raymond and other Textile sector stocks.
How to Track Raymond Before You Invest
Before deciding whether Raymond deserves its label as the best stock in its sector for your own portfolio, compare it directly against Textile sector peers using the steps below.
- Open the Univest Screener and search for Raymond to view live price, valuation ratios, and peer comparisons within the Textile sector.
- Compare its P/E, P/B, and ROE against other Textile sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Raymond earns a place in the best stock in its sector conversation on the strength of a 8.92% ROE and a P/E of 104.27x against a 31.23x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Raymond the best stock in its sector?
Ans. Raymond has a 8.92% ROE and trades at 104.27x P/E against a 31.23x Industry P/E, and compares below the peer average ROE of 13.91% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Raymond?
Ans. Raymond was trading at Rs 961.75 on the NSE as of 16 September 2026, within its 52-week range of Rs 320.00 to Rs 1,122.00.
What sector does Raymond belong to?
Ans. Raymond is classified under the Textile sector on Univest.
How does Raymond compare to its sector peers on P/E?
Ans. Raymond’s P/E of 104.27x is above the 24.51x average of the 3 named peers compared in this article.
What is Raymond’s return on equity?
Ans. Raymond reported a return on equity of 8.92%, which is below the 13.91% average of its named peers in this comparison.
Should I invest in Raymond based on its sector position?
Ans. Raymond’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
