Raymond Franchise

Ways to Partner with Raymond

1 partner model published by the brand. Figures it doesn't publish are left blank.

What the press, courts and real franchisees or customers have said about Raymond — summarised by us, with every source linked.

• In the news· Oct 2026

  Group made a net loss in Apr-Jun 2026

  Raymond Lifestyle's Q1 FY27 deck shows total income of Rs 1,560 Cr (up 6%), EBITDA of Rs 135 Cr, and a net loss of Rs 23 Cr (Rs 20 Cr loss a year earlier). In Apr-Sep 2026 net profit after exceptional items was Rs 45 Cr, down 19% from Rs 55 Cr (down 25% before exceptional items), on income of Rs 3,685 Cr.

  Source: Raymond Lifestyle Q1 and Q2 FY27 investor decks (the brand's own site)
• In the news· May 2026

  FY26 net profit after exceptional items fell 44%

  Group net profit after exceptional items was Rs 46 Cr in FY26 against Rs 82 Cr in FY25, after exceptional charges of Rs 129 Cr; total income rose 11% to Rs 7,034 Cr. Branded Apparel EBITDA fell 17% to Rs 98 Cr.

  Source: Raymond Lifestyle Q4 FY26 investor deck (the brand's own site)
• In the news· Oct 2026

  Exclusive brand outlets shrinking; weak stores exited

  The company counted 450 exclusive brand outlets in Sep 2026, down from 503 a year earlier, and says it exited 53 underperforming stores and opened 24 between Sep 2025 and Sep 2026. TRS outlets rose from 1,110 to 1,134 in the same period.

  Source: Raymond Lifestyle Q2 FY27 investor deck (the brand's own site)
• Legal / regulatory· Oct 2025

  Raymond Lifestyle v. former franchisees in Amritsar (Bombay High Court)

  A note by the law firm that acted for Raymond Lifestyle, published 30 Oct 2025, says Raymond Lifestyle obtained an ex-parte ad-interim injunction, a court receiver and a search and seizure against former Amritsar franchisees accused of using the RAYMOND mark without authority. The company is the plaintiff; the final outcome was not found.

  Source: Khaitan & Co matter note (the law firm that acted for Raymond Lifestyle)

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

About the Brand

Raymond Outlet Network

Cities with Outlets

These figures are for Raymond Lifestyle Limited, not this brand alone — separate from what a single franchise outlet earns.

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

How Raymond looks once the numbers are checked side by side.

• ✓The franchisor company is profitableIts latest filed accounts show a net profit. That's the franchisor's money, not yours: a profitable franchisor doesn't mean its franchisees make money. Check real outlet numbers before you invest.
• ✓Brand operating for 101 yearsFounded in 1925. The brand doesn't state when franchising began.
• ✓Outlet claim matches its store locator1,054 outlets on its own store locator (31 Oct 2026 (Raymond brand-store locator: cards titled The Raymond Shop; 1,584 Raymond-group stores in all)), in line with the 1,134 it claims.

Ask Before You Sign

Questions tailored to what Raymond does and doesn't publish.

1. 1Get written confirmation that Raymond is taking franchisees at all before paying anything — see the note at the top of this page.
2. 2Ask for the one-time franchise fee in writing, and whether any part is refundable.
3. 3Ask for the royalty and any marketing-fund fee, and how they're calculated (on sales or profit).
4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
5. 5Ask whether you get an exclusive territory, and how large it is.
6. 6Have a lawyer review the franchise agreement before paying anything.
7. 7Visit 2–3 existing outlets and speak to their owners without the brand present.

What Raymond franchisees say

We haven't yet heard from enough Raymond franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.