Raymond Realty Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27

Raymond Realty Rs 707.80 (6 Oct 2026 close). 52-week range Rs 349.00 to Rs 741.95. Q1 FY27 pre-sales Rs 700 cr, up 129%; profit Rs 13.43 cr, down 19%.

The Raymond Realty share price target for 2026 is Rs 660 to Rs 825 in the Univest base case, with the stock at Rs 707.80 at the 6 October 2026 close. That is 4.6 percent below its 52-week high of Rs 741.95 and 102.8 percent above its 52-week low of Rs 349.00, and the stock moved up 16.6 percent over the past year. Raymond Realty is the demerged Raymond real estate company, focused on residential projects in the Mumbai Metropolitan Region, including a 100-acre Thane parcel and a Bandra joint development project. Debt to equity is 0.65 and the dividend yield is 0.28 percent.

Three things changed since the last update: Q1 FY27 results in early August showed pre-sales more than doubling, the stock fell 16 percent in the week of 10 August, and it then jumped 21 percent in the week of 21 September to Rs 741.95. This Raymond Realty stock analysis covers the Raymond Realty share price today, the Raymond Realty share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Raymond Realty buy or sell view.

Click Here – Get Free Investment Predictions

What Is the Raymond Realty Share Price Target for 2026?

The 2026 target for Raymond Realty shares is Rs 660 to Rs 825 in the Univest base case, which is -6.8% to +16.6% against the last close. The bull case is Rs 980 to Rs 1,190 and the bear case is Rs 304 to Rs 380. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.

Raymond Realty Share Price Target Scenarios: Bull Case, Base Case and Bear Case

Scenario	FY28E EPS	Target Multiple	Price Target (Rs)	Move vs Rs 707.80
Bull Case	Rs 70	14x to 17x	980 to 1,190	+38.5% to +68.1%
Base Case	Rs 55	12x to 15x	660 to 825	-6.8% to +16.6%
Bear Case	Rs 38	8x to 10x	304 to 380	-57.1% to -46.3%

FY28 EPS of Rs 55 in the base case compares with trailing EPS of Rs 45.29 and assumes FY27 revenue and pre-sales growth near 20 percent and the EBITDA margin moving toward 17 to 19 percent. Real estate developers trade at 12 to 15 times earnings, and the stock trades at about 12.9 times the base estimate. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Raymond Realty share price target range around the current price.

Raymond Realty Company Overview and Share Price Today as of 6 October 2026

Raymond Realty share price today is Rs 707.80 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 4,708 crore, and the stock trades at 15.6 times earnings against an industry average of 32.6 times. The Univest base case Raymond Realty share price target of Rs 660 to Rs 825 is -6.8% to +16.6% from here. The table below sets out the key numbers behind the Raymond Realty share price target.

Parameter	Value	Context
NSE Ticker	RAYMONDREL	BSE code 544420
Sector	Real estate (MMR residential)	Per Univest sector classification
Last Close (NSE)	Rs 707.80	6 Oct 2026 close
52-Week High	Rs 741.95	CMP is 4.6% below
52-Week Low	Rs 349.00	CMP is 102.8% above
1-Year Return	About +17%	Weekly close Rs 606.9 on 10 Oct 2025 to Rs 707.8
Market Capitalisation	Rs 4,708 crore	Small cap real estate developer
Trailing P/E	About 15.6x	Industry P/E about 32.56x
P/B Ratio	About 3.00x	Book value Rs 235.44 per share
EPS (TTM)	Rs 45.29	Trailing twelve months
Return on Equity	About 19.4%	Debt to equity 0.65
Dividend Yield	About 0.28%	Small dividend
12-Month Target (Base Case)	Rs 660 to Rs 825	Univest base case
Bull Case	Rs 980 to Rs 1,190	+38.5% to +68.1%
Bear Case	Rs 304 to Rs 380	-57.1% to -46.3%

Track live price, fundamentals and results for Raymond Realty on the Univest Screener.

How Did Raymond Realty Perform in Q1 FY27?

Raymond Realty reported Q1 FY27 total income of Rs 536 crore, up 37 percent, and revenue from operations of Rs 527 crore, up 38 percent from Rs 381 crore. Consolidated profit fell 18.6 percent to Rs 13.43 crore from Rs 16.5 crore. Together these Q1 FY27 numbers anchor the Raymond Realty share price target.

Metric	Q1 FY27	Context
Revenue from Operations	Rs 527 crore	Up 38% YoY
Pre-Sales	Rs 700 crore	Up 129% from Rs 306 crore
Collections	Rs 550 crore	Up 47% YoY
EBITDA	Up about 70%	Wider margin than a year ago
Net Profit	Rs 13.43 crore	Down 18.6%; interest Rs 47 crore
Net Debt	Rs 827 crore	Liquidity Rs 270 crore

Joint development projects were 52 percent of GDV but 64 percent of pre-sales, which points to an asset-light mix. Management kept FY27 guidance of about 20 percent growth in pre-sales and revenue, an EBITDA margin of 17 to 19 percent and ROCE near 20 percent, with a Rs 4,100 crore launch pipeline. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Raymond Realty share price target.

Why Is Raymond Realty Share Price Up 103 Percent From Its March Low?

Raymond Realty shares are about 103 percent above the Rs 349 low of the week of 16 March 2026 and up 17 percent in a year. The stock jumped 41 percent in the week of 4 May on 4.3 crore shares around Q4 results, when quarterly profit reached Rs 161 crore.

It rose 7.6 percent on the Q1 pre-sales update to Rs 679.95, fell 16 percent in the week of 10 August after the profit decline, then jumped 21 percent in the week of 21 September to Rs 741.95. It closed at Rs 707.80, about 5 percent below that high. The Raymond Realty share price target scenarios below account for that move.

Key Catalysts for the Raymond Realty Share Price Target in 2026

4 catalysts matter most for the Raymond Realty share price target, and sector tailwinds in Real estate (MMR residential) are part of the case. Together they decide whether the base case is reached.

1. Pre-Sales Growth

Pre-sales rose 129 percent to Rs 700 crore with no new launches. Strong demand in premium MMR housing supports bookings. If it plays out, the Raymond Realty share price target moves toward the top of the base range.

2. Launch Pipeline

A pipeline of about Rs 4,100 crore is planned. New launches would add to pre-sales. Strength here would support the upper end of the Raymond Realty share price target.

3. Asset-Light Model

Joint development projects are 64 percent of Q1 pre-sales. This lowers capital needs. Delivery on this point keeps the Raymond Realty share price target on track.

4. Thane Land

The 100-acre Thane parcel has about Rs 25,000 crore of revenue potential. Monetisation would drive long-term value. Better news here would lift the Raymond Realty share price target toward the bull case.

What Are the Key Risks to the Raymond Realty Share Price Target?

The main risks are lumpy profit, rising interest cost, negative operating cash flow and approvals. Each can pull the Raymond Realty share price target lower.

Lumpy Profit

Q4 FY26 profit was Rs 161 crore and Q1 FY27 only Rs 13.43 crore. Revenue recognition swings from quarter to quarter. If it materialises, the Raymond Realty share price target would slip toward the bear case.

Interest Cost

Interest expense rose to Rs 47 crore from Rs 15 crore. Higher funding costs would keep profit low. This is the main downside risk to the Raymond Realty share price target.

Cash Flow

Operating cash flow was negative Rs 141 crore in Q1. Land and construction spend can stretch cash. A worsening here would cut the Raymond Realty share price target toward the low end of the range.

Earnings Reset

A bear case EPS of Rs 38 at 8 times would put the price near Rs 304. Watch it closely, because it can pull the Raymond Realty share price target lower quickly.

Raymond Realty Stock Analysis: Support and Resistance Levels for the Share Price Target

Raymond Realty stock analysis on weekly charts shows a wide range of Rs 561 to Rs 742 since mid-September, with the stock near the upper end.

The first support level is Rs 655.35, the low of the week of 5 October. Below that, Rs 633.60 is the low of the week of 28 September and Rs 582.20 is the low of the week of 21 September.

The first resistance level is Rs 712.50 to Rs 737.90, the highs of the weeks of 28 September and 5 October. Above that, Rs 741.95 is the 52-week high of the week of 21 September. These levels come from weekly price action, are not trade recommendations, and frame the near-term Raymond Realty share price target.

Raymond Realty Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term

Short-Term Raymond Realty Share Price Target (3 to 6 Months)

In the near term the stock is likely to trade between Rs 655 and Rs 742. A close above Rs 742 would open a new high, while a weekly close under Rs 655 would put Rs 634 in play. The Q2 FY27 results and launches are the main triggers. This range anchors the near-term Raymond Realty share price target.

12-Month and 2027 Raymond Realty Share Price Target

The 12-month target price is Rs 660 to Rs 825, valued on 12 to 15 times FY28 EPS of Rs 55. The range across scenarios runs from Rs 304 in the bear case to Rs 1,190 in the bull case.

Long-Term Raymond Realty Share Price Target for FY29 to 2030

For FY29 to 2030 the Univest scenario range is Rs 726 to Rs 1,148. This assumes EPS of Rs 66 in FY29 and Rs 82 in FY30 and a multiple of 11 to 14 times. It needs launches from the Rs 4,100 crore pipeline to sell, the Thane land parcel to be monetised and interest costs to ease. This is the long-term Raymond Realty share price target in the Univest scenarios.

Bull Case and Bear Case for Raymond Realty Share Price Target

Bull Case Rs 980 to Rs 1,190

The bull case of Rs 980 to Rs 1,190 for the Raymond Realty share price target needs EPS of Rs 70 and the market to pay 14 to 17 times for it. It is +38.5% to +68.1% from the last close.

Bear Case Rs 304 to Rs 380

The bear case of Rs 304 to Rs 380 for the Raymond Realty share price target equals 8 to 10 times FY28 EPS of Rs 38 and sits near the Rs 349 low. It is -57.1% to -46.3% from the last close.

Is Raymond Realty a Good Buy at Rs 708? Raymond Realty Buy or Sell View

Whether Raymond Realty is a buy at Rs 707.80 depends on horizon and risk appetite. The base case sits between 7 percent below and 17 percent above the current price, the stock is 5 percent below its high, and the open question is whether launches convert to profit. The Raymond Realty share price target range is the starting point for that decision.

Long-term holders may focus on pre-sales, launches and interest cost, and treat Rs 634 as the level to watch. Short-term traders may prefer to wait for a close above Rs 742. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Raymond Realty buy or sell view is educational.

How to Invest in Raymond Realty Shares

Step 1: Check the live price, valuation and the latest Raymond Realty share price target range on the Univest Screener.

Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Raymond Realty share price target.

Step 3: Search for RAYMONDREL on the NSE or 544420 on the BSE in your trading app.

Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 304 is bearable.

Step 5: Track pre-sales, launches and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Raymond Realty share price target.

Conclusion

Raymond Realty closed at Rs 707.80 against a Univest base case share price target of Rs 660 to Rs 825, a bull case of Rs 980 to Rs 1,190 and a bear case of Rs 304 to Rs 380. Q1 FY27 delivered pre-sales of Rs 700 crore, up 129 percent, with profit down 18.6 percent. The main risks are lumpy profit, interest cost and cash flow.

The stock is 4.6 percent below its 52-week high, so the base case sits between 7 percent below and 17 percent above the current price. The triggers to watch are pre-sales, launches and Q2 FY27 results and the Rs 655 and Rs 742 levels. Re-check the Raymond Realty share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.

Download the Univest iOS App or Univest Android App to track Raymond Realty live price and get daily stock recommendations.

FAQs on Raymond Realty Share Price Target 2026

What is the Raymond Realty share price target for 2026?

Ans. The Raymond Realty share price target for 2026 is Rs 660 to Rs 825 in the Univest base case, with a bull case of Rs 980 to Rs 1,190 and a bear case of Rs 304 to Rs 380. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.

What is the Raymond Realty share price target for 2027?

Ans. The Raymond Realty share price target for 2027 is Rs 660 to Rs 825 in the base case, valued on 12 to 15 times FY28 EPS of Rs 55. The scenario range runs from Rs 304 to Rs 1,190.

Is Raymond Realty a good buy at Rs 707.80?

Ans. Whether Raymond Realty is a good buy at Rs 707.80 depends on your horizon, risk appetite and how you read the Raymond Realty share price target. Pre-sales more than doubled and the stock trades at 15.6 times earnings, but quarterly profit is lumpy and interest cost is rising. Consult a SEBI-registered advisor before investing.

What are the key risks to the Raymond Realty share price target?

Ans. The key risks to the Raymond Realty share price target are lumpy profit, interest cost, cash flow and earnings reset. Q4 FY26 profit was Rs 161 crore and Q1 FY27 only Rs 13.43 crore. Revenue recognition swings from quarter to quarter.

What are the key catalysts for the Raymond Realty share price target?

Ans. The key catalysts for the Raymond Realty share price target are pre-sales growth, launch pipeline, asset-light model and thane land. Pre-sales rose 129 percent to Rs 700 crore with no new launches. Strong demand in premium MMR housing supports bookings.

Where can I track Raymond Realty share price today and Raymond Realty share price target updates?

Ans. You can track the live Raymond Realty share price, results and any change to the Raymond Realty share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.

What are Raymond Realty's 52-week high and low?

Ans. Raymond Realty's 52-week high is Rs 741.95 and its 52-week low is Rs 349.00, based on weekly NSE data. At Rs 707.80 the stock is 4.6 percent below the high and 102.8 percent above the low. Both levels frame the Raymond Realty share price target.

How to buy Raymond Realty shares?

Ans. Open a demat account with a SEBI-registered broker such as Univest, search for RAYMONDREL on the NSE or 544420 on the BSE, and place a limit order near your entry price, using the Raymond Realty share price target range as a guide. Size the position so a fall to Rs 304 is bearable, and check the live price on the Univest Screener first.