Raymond crosses ₹7,000 cr in FY26, plots 10x scale-up of Ethnics and Home verticals
Raymond posted 11% topline and 23% EBITDA growth in FY26. The group is betting on two adjacencies: Ethnics by Raymond, already at 140 EBOs targeting wedding wear, and Raymond Home, chasing 1 crore new nuclear households spending ~₹5 lakh on décor. Both verticals are slated for ~10x expansion across tier-1/2 over the next two years.
Raymond crossed ₹7,000 crore revenue in FY2026 (11% growth, 23% EBITDA). It plans to scale Ethnics by Raymond (140 EBOs, wedding wear) and Raymond Home (furnishings for nuclear families) roughly 10x, expanding into tier-1/2 cities.