COMPARATIVE BALANCE SHEET OF RAYMOND LTD.

, FOR THE YEAR ENDED 2023-2024

PARTICULARS 2023 (₹)

Current Assets:
Inventories 195055.58
Financial Assets :
Investment 77309.07
Trade Receivables 57956.86
Cash and Cash Equivalents 11193.04
Bank balance other than cash and cash equivalents 14878.08
Loans 7620
Other financial Assets 6235.23
Other current Assets 46385.05
TOTAL CURRENT ASSETS 416632.91
Non-Current Assets:
Property, plant and equipment 125526.88
Capital Work-in-progress 2415.77
Investment properties 412.56
Intangible Assets 20.6
Intangible Assets under development 475
Financial Assets:
Investment in subsidiaries,Associates and joint venture 45747.08
Other investments 31478.94
Loans 2153.73
Other financial Assets 7451.09
Deferred tax assets 18661.44
Income tax assets 7056.29
Other Non-Current Assets 4072.38
TOTAL NON-CURRENT ASSETS 245471.76
TOTAL ASSETS 662104.67
Current Liabilities:
Financial Liabilities:
Borrowings 93889.42
Lease Liabilities 8030.83
Trade Payables:
Total Outstanding Dues of micro enterprises and small enterprises 10333.43
Total Outstanding Dues of creditors other than micro enterprises and small enterprises 122846.04
Other financial Liabilities 32119.93
Other current Liabilities 32376.04
Provisions 5021.80
Current tax liabilities 0
TOTAL CURRENT LIABILITIES 304617.49
Non-Current Liabilities:
Financial Liabilities:
Borrowings 90747.12
Lease Liabilities 30255.27
Other financial Liabilities 9946.26
Other Non-Current Liabilities 1289.24
TOTAL NON-CURREBNT LIABILITIES 132237.89
TOTAL LIABILITIES 436855.38
Equity and Liabilities
Equity share capital 6657.37
Other Equity 218591.92
TOTAL EQUITY 225249.29
TOTAL EQUITY AND LIABILITIES 662104.67
DED 2023-2024 (₹ in Lakhs)
INCREASE/DECREASE
2024 (₹) (+/-) (₹) %

201107.11 6051.53 3.10

105459.49 28150.42 36.41

94025.24 36068.38 62.23
11596.86 403.82 3.61
33025.56 18147.48 121.97
14997.48 7377.48 96.82
9342.05 3106.82 49.83
65668.51 19283.46 41.57
535222.3 118589.39 28.46

157973.93 32447.05 25.85

3224.07 808.3 33.46
192.48 -220.08 -53.34
167.69 147.09 714.03
2804.24 2329.24 490.37

50806.96 5059.88 11.06

32168.93 689.99 2.19
45307.77 43154.04 2003.69
12712.63 5261.54 70.61
19025.25 363.81 1.95
0 -7056.29 -100.00
4320.26 247.88 6.09
328704.21 83232.45 33.91
863926.51 201821.84 30.48

54830.16 -39059.26 -41.60

10382.48 2351.65 29.28

14111.89 3778.46 36.57

144322.54 21476.5 17.48
33687.51 1567.58 4.88
38163.52 5787.48 17.88
5158.00 136.20 2.71
4130.21 4130.21 0.00
304786.31 168.82 0.06
 205422.40 114675.28 126.37
60861.29 30606.02 101.16
9946.26 0 0.00
1094.99 -194.25 -15.07
277324.94 145087.05 109.72
582111.25 145255.87 33.25

6655.14 -2.23 -0.03

275160.12 56568.2 25.88
281815.26 56565.97 25.11
863926.51 201821.84 30.48
COMPARATIVE INCOME STATEMENT OF RAYMOND LTD., FOR THE YEAR ENDED 2023 & 2024
(₹ in Lakhs)
Particulars 2023 2024 Increase/Decrease
(₹) (₹) (₹) (%)
Revenue from operations (A) 577956.23 659332.4 81376.17 14.08
Less: (Cost of Goods Sold)
Cost of materials consumed (1) 73919.77 72119.67 -1800.1 -2.44
Purchases of stock in trade (2) 165924.63 168996.97 3072.34 1.85
Changes in inventory (3) -41129.94 -7970.68 33159.26 -80.62
Total Cost of Goods Sold (1+2+3) = B 198714.46 233145.96 34431.5 17.33
GROSS PROFIT (A-B) = C 379241.77 426186.44 46944.67 12.38
Less: (Operating expenses)
Employee Benefits Expenses (4) 56983.37 66701.64 9718.27 17.05
Depreciation and Amortization expenses (5) 15911.74 20735.64 4823.9 30.32
Manufacturing and operating costs (6) 46872.35 46763.3 -109.05 -0.23
Total Operating expenses (4+5+6) = D 119767.46 134200.58 14433.12 12.05
OPERATING PROFIT (C-D) = E 259474.31 291985.86 32511.55 12.53
Add: (Non-Operating Income)
Other income (F) 13361.03 28323.54 14962.51 111.99
Total Non-Operating Income (E+F) = G 272835.34 320309.4 47474.06 17.40
Less: (Non-Operating expenses)
Finance Cost (7) 22841.45 32882.94 10041.49 43.96
Cost towards development of property (8) 87060.64 102622.25 15561.61 17.87
Other expenses (9) 96725.94 110669.4 13943.46 14.42
Exceptional Items(10) 10117.78 3819.06 -6298.72 -62.25
Total Non-Operating expenses (7+8+9=10) = G 216745.81 249993.65 33247.84 15.34
NET PROFIT (Before Tax) (G-H) = I 56089.53 70315.75 14226.22 25.36
Less: (Tax)
Current Tax (11) 0 15870 0 0.00
Deferred tax (12) 17786.72 1778.58 -16008.14 -90.00
Tax in earlier days (13) -2743.03 0 2743.03 -100.00
Total Tax (11+12+13) = J 15043.69 17648.58 2604.89 17.32
NET PROFIT (After Tax) (I-J)=K 41045.84 52667.17 11621.33 28.31
COMMON SIZE BALANCE SHEET OF RAYMOND LTD., FOR THE YEAR ENDED 2023-
PARTICULARS 2023 (₹)
Current Assets:
Inventories 195055.58
Financial Assets :
Investment 77309.07
Trade Receivables 57956.86
Cash and Cash Equivalents 11193.04
Bank balance other than cash and cash equivalents 14878.08
Loans 7620
Other financial Assets 6235.23
Other current Assets 46385.05
TOTAL CURRENT ASSETS 416632.91
Non-Current Assets:
Property, plant and equipment 125526.88
Capital Work-in-progress 2415.77
Investment properties 412.56
Intangible Assets 20.6
Intangible Assets under development 475
Financial Assets:
Investment in subsidiaries,Associates and joint venture 45747.08
Other investments 31478.94
Loans 2153.73
Other financial Assets 7451.09
Deferred tax assets 18661.44
Income tax assets 7056.29
Other Non-Current Assets 4072.38
TOTAL NON-CURRENT ASSETS 245471.76
TOTAL ASSETS 662104.67
Current Liabilities:
Financial Liabilities:
Borrowings 93889.42
Lease Liabilities 8030.83
Trade Payables:
Total Outstanding Dues of micro enterprises and small enterprises 10333.43
Total Outstanding Dues of creditors other than micro enterprises and small enterprises 122846.04
Other financial Liabilities 32119.93
Other current Liabilities 32376.04
Provisions 5021.80
Current tax liabilities 0
TOTAL CURRENT LIABILITIES 304617.49
Non-Current Liabilities:
Financial Liabilities:
Borrowings 90747.12
Lease Liabilities 30255.27
Other financial Liabilities 9946.26
Other Non-Current Liabilities 1289.24
TOTAL NON-CURREBNT LIABILITIES 132237.89
TOTAL LIABILITIES 436855.38
Equity and Liabilities
Equity share capital 6657.37
Other Equity 218591.92
TOTAL EQUITY 225249.29
TOTAL EQUITY AND LIABILITIES 662104.67
EAR ENDED 2023-2024 (₹ in Lakhs)
% 2024 (₹) %

29.46 201107.11 23.28

11.68 105459.49 12.21

8.75 94025.24 10.88
1.69 11596.86 1.34
2.25 33025.56 3.82
1.15 14997.48 1.74
0.94 9342.05 1.08
7.01 65668.51 7.60
62.93 535222.3 61.95

125526.88 157973.93 18.29

0.36 3224.07 0.37
0.06 192.48 0.02
0.00 167.69 0.02
0.07 2804.24 0.32

6.91 50806.96 5.88

4.75 32168.93 3.72
0.33 45307.77 5.24
1.13 12712.63 1.47
2.82 19025.25 2.20
1.07 0 0.00
0.62 4320.26 0.50
37.07 328704.21 38.05
100 863926.51 100

14.18 54830.16 6.35

1.21 10382.48 1.20

1.56 14111.89 1.63

18.55 144322.54 16.71
4.85 33687.51 3.90
4.89 38163.52 4.42
0.76 5158.00 0.60
0.00 4130.21 0.48
46.01 304786.31 35.28
13.71 205422.40 23.78
4.57 60861.29 7.04
1.50 9946.26 1.15
0.19 1094.99 0.13
19.97 277324.94 32.10
65.98 582111.25 67.38

1.01 6655.14 0.77

33.01 275160.12 31.85
34.02 281815.26 32.62
100 863926.51 100
COMMON SIZE INCOME STATEMENT OF RAYMOND LTD., (₹ in lakhs)
FOR THE YEAR ENDED 2023 & 2024

Particulars 2023 (₹) 2023 (%) 2024 (₹) 2024 (%)

Revenue from operations (A) 577956.23 100 659332.4 100
Less: (Cost of Goods Sold)
Cost of materials consumed (1) 73919.77 12.79 72119.67 10.94
Purchases of stock in trade (2) 165924.63 28.71 168996.97 25.63
Changes in inventory (3) -41129.94 -7.12 -7970.68 -1.21
Total Cost of Goods Sold (1+2+3) = B 198714.46 34.38 233145.96 35.36
GROSS PROFIT (A-B) = C 379241.77 65.62 426186.44 64.64
Less: (Operating expenses)
Employee Benefits Expenses (4) 56983.37 9.86 66701.64 10.12
Depreciation and Amortization expenses (5) 15911.74 2.75 20735.64 3.14
Manufacturing and operating costs (6) 46872.35 8.11 46763.3 7.09
Total Operating expenses (4+5+6) = D 119767.46 20.72 134200.58 20.35
OPERATING PROFIT (C-D) = E 259474.31 44.9 291985.86 44.29
Add: (Non-Operating Income)
Other income (F) 13361.03 2.31 28323.54 4.29
Total Non-Operating Income (E+F) = G 272835.34 47.21 320309.4 48.58
Less: (Non-Operating expenses)
Finance cost (7) 22841.45 3.95 32882.94 4.99
Cost towards development of property (8) 87060.64 15.06 102622.25 15.56
Other expenses (9) 96725.94 16.74 110669.4 16.79
Exceptional Items(10) 10117.78 1.75 3819.06 0.58
Total Non-Operating expenses (7+8+9+10) = H 216745.81 37.5 249993.65 37.92
NET PROFIT (Before Tax) (G-H) = I 56089.53 9.7 70315.75 10.66
Less: (Tax)
Current Tax (10) - - 15870 2.41
Deferred tax (11) 17786.72 3.08 1778.58 0.27
Tax in earlier days (12) -2743.03 0.47 - -
Total Tax (10+11+12) = J 15043.69 2.6 17648.58 2.67
NET PROFIT (After Tax) (I-J) = K 41045.84 7.1 52667.17 7.99
TREND ANALYSIS ON BALANCE SHEET OF RAYMOND LTD., FOR THE YEAR ENDED 2023 & 2024

Particulars

I. ASSETS
(1) Current assets:
(a) Inventories
(b) Financial Assets
(i) Investments
(ii) Trade receivables
(iii) Cash and cash equivalents
(iv) Bank balances
(v) Loans
(vi) Other financial assets
( c) Other current assets
TOTAL CURRENT ASSETS
(2) Non-current assets:
(a) Property, plant and equipment
(b) Capital work-in-progress
(c) Investment properties
(d) Intangible assets
(e) Intangible assets under development
(f) Financial assets
(i) Investments in Subsidiaries, Associates and joint venture
(ii) Other investments
(iii) Loans
(iv) Other Financial Assets
(g) Deffered tax assets (net)
(h) Income tax assets
(i) Other non-current assets
TOTAL NON-CURRENT ASSETS
TOTAL ASSETS
II. EQUITY AND LIABILITIES
(1) Equity
(a) Equity share capital
(b) Other equity
TOTAL EQUITY
(2) Liabilities
(3) Current liabilities
(a) Financial liabilities
(i) Borrowings
(ii) Lease liabilities
(iii) Trade payables
Total outstanding dues of micro and small enterprises
 Total outstanding dues of creditors other than micro and small enterprises
(iv) Other financial liabilities
(b) Other current liabilities
( c) Provisions
(d) Current tax liabilities (Net)
TOTAL CURRENT LIABILITIES
Non-current liabilities:
(a) Financial liabilities
(i) Borrowings
(ii) Lease liabilities
(iii) Other financial liabilities
(b) Other non-current liabilities
TOTAL NON-CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
D 2023 & 2024 (₹ in Lakhs)

2023 2023 2024 2024

(₹) (%) (₹) (%)

195055.58 100 201107.11 103.10

77309.07 100 105459.49 136.41

57956.86 100 94025.24 162.23
11193.04 100 11596.86 103.61
14878.08 100 33025.56 221.97
7620 100 14997.48 196.82
6235.23 100 9342.05 149.83
46385.05 100 65668.51 141.57
416632.91 100 535222.3 128.46

125526.88 100 157973.93 125.85

2415.77 100 3224.07 133.46
412.56 100 192.48 46.66
20.6 100 167.69 814.03
475 100 2804.24 590.37

45747.08 100 50806.96 111.06

31478.94 100 32168.93 102.19
2153.73 100 45307.77 2103.69
7451.09 100 12712.63 170.61
18661.44 100 19025.25 101.95
7056.29 100 0 0.00
4072.38 100 4320.26 106.09
245471.76 100 328704.21 133.91
662104.67 100 863926.51 130.48

6657.37 100 6655.14 99.97

218591.92 100 275160.12 125.88
225249.29 100 281815.26 125.11

93889.42 100 54830.16 58.40

8030.83 100 10382.48 129.28

10333.43 100 14111.89 136.57

 122846.04 100 144322.54 117.48
32119.93 100 33687.51 104.88
32376.04 100 38163.52 117.88
5021.8 100 5158 102.71
0 0 4130.21 0.00
304617.49 100 304786.31 100.06

90747.12 100 205422.4 226.37

30255.27 100 60861.29 201.16
9946.26 100 9946.26 100.00
1289.24 100 1094.99 84.93
132237.89 100 277324.94 209.72
662104.67 100 863926.51 130.48
TREND ANALYSIS OF INCOME STATEMENT OF RAYMOND LTD., (₹ in lakhs)
FOR THE YEARS ENDED 2023 AND 2024
Particulars 2023 (₹) 2023 (%) 2024 (₹) 2024 (%)
Revenue from operations (A) 577956.23 100 659332.4 114.08
Less: (Cost of Goods Sold)
Cost of materials consumed (1) 73919.77 100 72119.67 97.56
Purchases of stock in trade (2) 165924.63 100 168996.97 101.85
Changes in inventory (3) -41129.94 100 -7970.68 -19.37
Total Cost of Goods Sold (1+2+3) = B 198714.46 100 233145.96 117.33
GROSS PROFIT (A-B) = C 379241.77 100 426186.44 112.38
Less: (Operating expenses)
Employee Benefits Expenses (4) 56983.37 100 66701.64 117.05
Depreciation and Amortization expenses (5) 15911.74 100 20735.64 130.32
Manufacturing and operating costs (6) 46872.35 100 46763.3 99.77
Total Operating expenses (4+5+6) = D 119767.46 100 134200.58 112.05
OPERATING PROFIT (C-D) = E 259474.31 100 291985.86 112.53
Add: (Non-Operating Income)
Other income (F) 13361.03 100 28323.54 211.99
Total Non-Operating Income (E+F) = G 272835.34 100 320309.4 117.4
Less: (Non-Operating expenses)
Finance cost (7) 22841.45 100 32882.94 143.96
Cost towards development of property (8) 87060.64 100 102622.25 117.87
Other expenses (9) 96725.94 100 110669.4 114.42
Exceptional Items(10) 10117.78 100 3819.06 37.75
Total Non-Operating expenses (7+8+9+10) = H 216745.81 100 249993.65 115.34
NET PROFIT (Before Tax) (G-H) = I 56089.53 100 70315.75 125.36
Less: (Tax)
Current Tax (10) - - 15870 -
Deferred tax (11) 17786.72 100 1778.58 10
Tax in earlier days (12) -2743.03 100 - -
Total Tax (10+11+12) = J 15043.69 100 17648.58 117.32
NET PROFIT (After Tax) (I-J) = K 41045.84 100 52667.17 128.31