RAYMOND

RL/SE/26-27/47 August 07, 2026 To 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: Raymond Limited – Investor Presentation Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we enclose herewith the Investor Presentation on the dited Financial Results for the First Quarter ended June 30, 2026. Unau The meeting of the Board of Directors commenced at 02:00 p.m. and concluded at 03:50 p.m. The Investor Presentation is also available on the website of the Company i.e. www.raymond.in. We request you to take the above information on record. Thanking you. Yours faithfully, For Raymond Limited Rakesh Darji Company Secretary Encl.: A/a Q1FY27 RESULTS PRESENTATION AUGUST 07,2026 Table of Contents 01 Overview 3-7 02 Consolidated Highlights 8-12 03 Aerospace & Defence Business 13-21 04 Precision Technology & Auto Components Business 22-29 05 Management Team 30-32 Section 01 Overview Strategic Positioning & Executive Summary Raymond Group: Unlocking Value Strategic Corporate Restructuring Complete — 100% Focus on High-Barrier Aerospace & Precision Technology DEMERGED & LISTED DEMERGED & LISTED CORE RETAINED ENTITY Raymond Lifestyle Raymond Realty Raymond Limited Listed Sep 05, 2024 Listed Jul 01, 2025 100% Pure-Play Aerospace,Precision Technology& Auto Components -Net Cash Surplus ₹68 Cr (FY26) ● Branded Textiles & Apparel ● Thane Land Bank Development ● JK Maini Global Aerospace: ● Global Garmenting B2B ● MMR Asset-Light JDA Model ● Revenue ₹ 392 Cr. ● EBITDA ₹ 88 Cr. ● Independent Capital Structure ● Top-5 Developer in MMR ● EBITDA Margin 22.3% ● JK Maini Precision Tech: ● Revenue ₹ 1,667 Cr. ● EBITDA ₹ 223 Cr. ● EBITDA Margin 13.4% Strategic Distraction-Free Allocation Zero Non-Core asset distraction. Capital management bandwidth and cash flows are now 100% dedicated to precision engineering compounding. 4 Building a Global Precision Engineering Platform 0011 •P LPALATFTOFORRMM 02 INFRASTRUCTURE 03 CAPABILITIES DDiivveerrssiiffiieedd EEnnggiinneeeerriinngg Global Manufacturing Scale Deep Product Portfolio ●● PPrreecciissiioonn T Teecchh &n oAluotgoy C &om Apuotone Cnotsmponents ● 16state-of-the-art manufacturing facilities ● 8,000+SKUs in Precision Tech & Auto ●● AAeerroossppaaccee & & D Defeefnecnec |e Tools & Hardware ● 1,800+ advanced machines | 5,250+ ● 1,300+precision aero-engine parts ● ● P P r r e e s s e e n n c c e e a a c c ro ro ss s s a u a t e o r m os o p ti a v c e e , a , e a r u o t s o p m ac o e t , i a v n e d , workforce developed industrial applications tools & hardware, defence,industrial ● Fully integrated production capabilities ● 350+ parts engineered for advanced LEAP applications and after market across India engines 04 REACH 05 FORECAST 06 PERFORMANCE Global Customer Access Revenue Visibility Financial & Strategic Discipline ● Active footprint across 90+ countries ● ₹5,960+ Cr aerospace order book (10-yr ● 100+large global customers | 25+ horizon) ● ₹2,312 Cr total income | ₹335 Cr EBITDA aerospace clients ● Long-cycle programs with minimal (FY26) ● 20+year relationships with Tier-1 customer churn ● ₹68 Cr net cash surplus (FY26) aerospace OEMs ● Robust pipeline of RFQs and active ● ~₹1,000 Cr committed capacity investment engagements 5 Global Execution Footprint MANUFACTURING FACILITIES 16 Across Andhra, Karnataka, Maharashtra & Gujarat 11 GLOBAL WAREHOUSES 6 Europe, 3 USA, 1 Canada & 1 Mexico 90+ EXPORT COUNTRIES Warehouse Higher Export resilience across US & EU Automotive CONTAINERS / YEAR Tools & Hardware 600+ 20 ft containers exported annually Aerospace TOTAL EXPORTS >65% • Auto Components & Precision Tech >60% Integrated Global Supply Route Logistics • Tools & Hardware > 40% • Aerospace > 80% Near-plant 3PL warehousing hubs in Europe and North America enable just-in-time delivery directly to Tier-1 assembly lines of Boeing, Airbus, Safran, and Pratt & Whitney, protecting against supply chain disruptions. 6 Strategic Expansion & Market Diversification INFRASTRUCTURE & CAPACITY B2C BRAND LEVERAGE Andhra Pradesh Greenfield Facility 70-Year JK Files Legacy The state-of-the-art greenfield project is Leveraging over seven decades of trusted brand progressing strictly on schedule to expand overall equity and customer relationships to expand into production capability. adjacent product categories and new distribution channels. Timeline & Readiness Automotive Aftermarket Commercial production is expected to begin by mid-next year, significantly raising technical Entering the automotive aftermarket by leveraging capabilities. our established brand, distribution network, and cross-channel market presence. Governance & Leadership Financial Model Comprehensive upgrade of leadership, governance, and organizational capabilities to consistently drive Built on a capital-efficient model that leverages stakeholder value. existing manufacturing capabilities, distribution strengths, and diversified revenue streams. 7 Section 02 Consolidated Highlights Financial Performance 8 Performance Snapshot ₹ 628 Cr. ₹ 100 Cr. ₹ 42 Cr. ₹ 129 Cr. 15.9% 6.6% YoY: 13.1% YoY: 14.3% YoY: 38% ₹ 123 Cr. ₹ 26 Cr. ₹ 444 Cr. ₹ 61 Cr. 21.2% 13.8% YoY: 40.4% YoY: 11.5% YoY: 25.4% YoY: 45.5% 9 Consolidated Performance Trends TOTAL INCOME (₹ Cr.) EBITDA & EBITDA Margin (₹ Cr.) Y-o-Y Growth Y-o-Y Growth 13.1% 14.3% 628 613 555 Q1 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q4 FY26 Q1 FY27 10 Profit & Loss Statement Consolidated Performance Revenue from operations 606 603 524 Other income 22 10 31 Total Income 628 613 555 13% Expenses 528 527 468 EBITDA 100 85 87 14% EBITDA Margin % 15.9% 13.9% 15.7% Depreciation 38 37 39 Interest Expense 20 23 19 PBT before exceptions 42 25 30 38% PBT margin % 6.7% 4.1% 5.4% Exceptional Items 0 (20) 0 Taxes (10) 8 (8) Associate / JV / Minority 0 (1) (2) Net Profit 31 12 21 50% 11 Segmental Breakup Q1FY27 Segmental Performance Q1 FY27 Q1 FY26 YoY Q1 FY27 Q1 FY26 YoY Q1 FY27 Q1 FY26 Precision Technology & Auto Components 444 398 11% 61 42 46% 13.8% 10.6% * Aerospace & Defense 123 87 40% 26 21 25% 21.2% 23.7% Others 61 70 12 24 Total 628 555 13% 100 87 14% 15.9% 15.7% Note1: Precision Technology & Auto Componentsrepresents JK Maini Precision Technology Ltd. which includes T&H division, RPAL and Auto division of erstwhile Maini Precision. Note2: Aerospace & Defencerepresents JK Maini Global Aerospace Ltd. which includes Aerospace & Defencedivision of erstwhile Maini Precision. 12 Note3: Others(includes unallocated expenses, elimination & other income) Section 03 Aerospace & Defence Business Segment Performance Dominating the Indian Aerospace Market As the leading exporter of highly critical Aero engine components Expertise in Precision 1,300+ 350+ 25+ 2 Decades Manufacturing for the Relationship with Top Aero Precision Aero Engine Parts of Latest Global Aero Components OEMs and Tier 1 Suppliers Aerospace Sector Parts Developed LEAP Engines Variants Manufacturing Clients Preferred Supplier Mission Critical Supply Experienced Leadership Senior Key To top 3 Global Aircraft Engine High precision components to Global Management with 30+ years of 1 2 3 Highlights Manufacturers holding OEMs and Tier 1 suppliers in Aerospace & Industry Expertise. 88% market share. Defense industry. Certifications 15 Segment Financials At the Core of Global Commercial Aviation Operating through JK Maini Global Aerospace Ltd., we manufacture high-complexity, mission-critical components operating inside extreme thermal and pressure environments. 123 87 40% 26 21 25% 21.2% 23.7% Operational Highlights: • Revenue Growth Q1FY27 witnessed a robust growth of 40% vs PY. This growth was largely driven significant capacity expansion, unlocking higher revenue realization across core Aerospace OEM and Tier-1 programs • Margins compression (temporary) EBITDA margins experienced temporary compression due to targeted R&D investments required to capture a 40% revenue Europe, 51%, expansion; margins will stabilize as programs reach steady-state • Strong RFQ activity Domestic International, Easing supply chain headwinds, paired with our expanded capacity, 24% 76% position us for seamless execution against a growing multi-year order book US, 25% Asia, 1%, 16 Mission Critical Portfolio Structure Components –16% 17 Visibility meets Velocity – The Aerospace Growth Engine ₹ 5960+ Crore order book and a high-conversion pipeline with scalable program expansion ORDER BOOK VALUE ACTIVE RFQ PIPELINE SKU RAMP VELOCITY ₹5,960+ Cr ₹1,632 Cr 100+ 10-Year Contract Scope 2,000+ Active Drawings New Engine SKUs / Year Strong Order Book visibility 641.4 643.2 645.3 645.3 620.6 597.0 572.2 554.6 539.5 502.2 Program Life-Cycle Conversion Dynamics Aerospace programs follow a multi-year S-curve lifecycle: [RFQ Bidding] → [Prototype R&D Sample] → [First Article Inspection (FAIR)] → [10-Year Mass Production]. Once FAIR qualification is achieved, OEM platform switching costs are prohibitive, ensuring zero customer churn. 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 18 Evolving Up the Value Chain Stage 1 Stage 2 Stage 3 Stage 4 Precision Component Deeper Programme Assemblies & Specialised Design-to-Build / Integrated Manufacturing Participation Processes Partner ● High-precision engine, ● 350+ components for ● Machining, welding, ● Maiden build-to-spec structural and system latest LEAP engine brazing and assembly order from a leading components variants capabilities defence aerospace OEM ● Established machining and ● Increased share of ● Nozzle guide vanes and ● Development of specialised-process business with existing complex engine-critical specialised onboard capabilities customers products storage systems ● More than 1,300 ● More than 75% of ● Transfer-of-technology ● Customer engagement aerospace parts operations from complex programmes from design through developed aero-engine parts production ● Expanded participation ● 100+ new SKUs added across casting and vane ● Positioning as an during FY26 programmes integrated "Tier 1.5" global aerospace partner Moving from individual precision components to complex assemblies, specialised processes and design-to-build solutions - deepening customer integration and increasing value addition. 19 Manufacturing Excellence - Complexity, Core Processes & Raw Material Part Complexity & Core Processes Program Specifications Raw Materials Overview ● Leap 1A Program ● Low Pressure Turbine – Stage 6 & Stage 7 14% Inconel 43% components 6% 17% Stainless Steel Simple ● Dedicated facility to deliver 8,000 units per 49% 13% Titanium Medium Complexity year Aluminium High Complexity ● High-performance Material: Rene 77 18% Others 40% ● Honeycomb & Sheetmetal Assembly via advanced welding & brazing 525 Tonnes Annual Consumption (Value Wise) Key Manufacturing Processes Nozzle Guide Vanes 110 Varieties of Materials Round Bar Tubes Vacuum Brazing EDM Profile Sections Castings Plates Forgings 5 Axis Grinding TIG Welding 21 Section 04 Precision Technology & Auto Components Business Segment Performance 22 Market Leadership in Engineering Consumables: India & Beyond As one of India’s leading suppliers of high-end precision components Expertise in Precision Technology 1,600+ 100+ 18+ 7 Decades and Auto Components Auto Components Large Customers Global Customer Trusted Tier-1 supplier with established Manufactured across the Globe Locations relationships across domestic and global Manufacturing OEMs Preferred supplier Mission Critical Supply Experienced Leadership Key 1 To leading domestic andglobal auto 2 Provideshigh precisioncomponents to 3 Senior Management team with Highlights manufacturers leading domestic and global OEMs and Tier 1 30+ years of Industry expertise suppliers in the automotive industry Certifications 24 Segment Financials Global Leadership in Motion Control & Consumables Operating under JK Maini Precision Technology Ltd., this division combines market-dominant engineering consumables with powertrain-neutral automotive 444 398 11% 61 42 45% 13.8% 10.6% drivetrain components. Operational Highlights: • The segment witnessed a healthy growth of 11% in Q1 FY27 vs PY. This was primarily driven by a ramp up in our export business, despite geopolitical headwinds, our strategic resilience allowed us to maintain steady growth. • EBITDA margins expanded driven by volume growth, an improved product mix, enhanced operating leverage and Europe, 34% targeted cost reduction initiatives. Domestic, International, 39% 61% US, 15% Asia, 6% Africa, 4% Note1 : Precision Technology & Auto componentsrepresents JK Maini Precision TechnologyLtd. which includes Auto Components 25 and Tools and Hardware Business . Precision Technology & Auto Components Auto Components Tools & Hardware Ring Gears Flex Plates Steel Files #1 in India #1 in India EV Market Market Share Market Share ICE Hybrid Market Share Files Drills Share PV | ~55% India | ~25% Others India | ~65% 1,600+ HTPTA 6,800+ CV| ~45% SKUs Global| ~25% SKUs PTM Total Total …Offering Widest Range of Products Electric and Hydraulics and Clean Powertrain Cutting Tools Hand Tools Power Tools Hybrid Industrial 12 Manufacturing Facilities 11 3PL Warehouses Globally 3 Manufacturing Facilities 900+ Active Dealers 1,250+ Machines 65+ Export Countries 560+ Machines 120 K Retail Touchpoints Facilities and 3,900+ Workforce 1,350+ Workforce 90+ Export Countries Reach Upcoming New Facility in Gudipalli, Andhra Pradesh with a CAPEX of ₹430 Cr over 5 years 26 Building the Next Growth Platform - ~ ₹1,000 Crore Capacity Investment Aerospace & Defence Expansion Precision Technology & Auto Expansion Investment:~₹510 crore Investment:~₹430 crore Time Period:Over 5 years Time Period:Over 5 years Total AreaPlanned:~ 45 Acres Total AreaPlanned:~32 Acres Location:Andhra Pradesh (near Bengaluru airport) Location:Andhra Pradesh (near Bengaluru airport) Strategic Purpose: Strategic Purpose: ● High-precision aero-engine components ● Serve EV, hybrid & next-gen mobility ● Support growing global OEM demand ● Support new customer nominations & assemblies ● Expand complex machining & special processes ● Expand precision manufacturing capacity ● Create capacity for existing order book ● Improve proximity to key automotive OEMs ● Moving up the value chain into Assemblies ● Vertically Integrated to increase execution speed Current Operating Context: ● Building Factory in Factory for customers ● Existing capacity utilisation: ~85–90% Timeline: ● Growing hybrid, EV & motion-control scope ● Ground-breaking completed & production targeted for late 2027 ● New nominations from a leading European advanced- drivetrain technology company Demand Visibility: ● ₹5,960+ crore10-year aerospace order book ● Strong RFQ & programme-expansion pipeline Capacity is being created against visible customer programmes and structural demand opportunities, rather than merely in anticipation of market growth. 27 Current Status of Operations & Outlook JK Maini Precision Technology Limited (JKMPTL) JK Maini Global Aerospace Limited (JKMGAL) ● JKMPTL recorded the highest-ever quarterly revenue in the ● JKMGAL recorded the highest-ever quarterly revenue in the company’s history, demonstrating the team’s strong execution, company’s history, demonstrating the team’s strong execution, operational resilience and continued business growth. operational resilience and continued business growth. ● We successfully began mass production of precision components ● Expansion in Andhra (Near B’lore Airport) is progressing well and for a leading defence OEM. we are on track to begin commercial production in late 2027. ● Expansion in Andhra (Near B’lore Airport) is progressing well and ● Achieved formal audit approvals from a key Indian defense and we are on track to begin commercial production in late 2027. aerospace OEM, validating facility standards, process compliance, and quality management systems. ● We are establishing a training and production facility in Andhra Pradesh ahead of our project schedule to ensure operational ● We have achieved critical manufacturing milestones on a flagship readiness, optimize processes pre-launch, and enable a rapid post- aircraft localization program, securing 135 total part awards—with launch scale up. 100 parts actively in serial production and the remaining 35 parts ● Leveraging our existing OEM-grade production base and contract advancing through final First Article Inspection (FAI). manufacturing of critical components & white label products, we are establishing an aftermarket business scheduled for rollout in Q2 FY27. Raymond Limited to Remain Net Cash Surplus 28 Disclaimer The particulars of this presentation contain statements related but not limited to revenues, financial results and supplemental financial information which has been compiled by the management, not to be construed as being provided under any legal or regulatory requirement and are not intended to invite any investment in the Company. The information contained in this presentation has not been subjected to review by Auditors or the Board of Directors of the Company. Commentary in the presentation describes the reporting quarter’s performance versus the same quarter of the corresponding previous year, unless specified otherwise. The figures for the previous periods in this presentation have been regrouped/ reclassified, wherever necessary. The Company assumes no responsibility and does not provide any warranty to the accuracy or comprehensiveness of the informationcontained in this presentation. This presentation is not intended to be a “prospectus” (as defined under the Companies Act, 2013), SEBI Regulations and relevant provisions of applicable laws. This presentation is for information purposes only and does not constitute or form part of, and should not be considered as any offer for sale or subscription of or solicitation or invitation of any offer to buy or subscription of securities in any manner. No part of this presentation and the information contained herein should form the basis of, or be relied upon, in connection with any investment decision or any contract or commitment to purchase or subscribe for any securities. Statements in this presentation describing the Company’s objectives, projections, estimates, expectations or predictions may constitute “forward looking statements”. Such statements are based on the current expectations and certain assumptions of the Company's Management, and are, therefore, subject to risks and uncertainties. Actual results may differ materially from those expressed or implied. The Company neither intends, nor assumes any obligation to amend, modify,revise or update these forwardlooking statements, on the basis of any subsequent developments which differ fromthose anticipated. 33