Raymond’s ₹36,800 crore aerospace pivot: Why global engine giants are betting on this Indian ‘moat’
The company is targeting EBITDA margins of 15% and above, supported by higher sales volumes, improved product mix, operational leverage and integration synergies. The division reported 12% revenue growth to ₹1,225 crore in 9MFY26. EBITDA rose 38% to ₹156 crore, while margins expanded 230 basis points to 12.7%, driven by operating leverage and a stronger…