RAYMOND

What Raymond promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 22 tracked 6 delivered 8 missed 8 open
  • Aerospace Revenue Growth Rate delivered said Q4 FY26 Promised: 25% year-on-year Q1 FY27: Q1 FY27 aerospace revenue grew 40% YoY, significantly exceeding the 25% target. Management reiterated the 25% commitment.
  • Real Estate Listing Timeline went quiet said Q3 FY25 Promised: second quarter of Fiscal '26 Q1 FY27: Not addressed. Promise relates to the demerged real estate business.
  • Aerospace EBITDA Margin on track said Q1 FY26 Promised: around 25% Q1 FY27: Q1 FY27 EBITDA margin was 21.2%, a temporary dip attributed to R&D expenses. Management reiterated the long-term goal of ~25%, keeping the promise on track.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 22 tracked commitments for Raymond — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens