Responsive Industries Ltd
Responsive Industries Limited, incorporated in 1982 is a leading India-based manufacturer of polyvinyl chloride (PVC)-based products. [1]
- Market Cap ₹ 4,098 Cr.
- Current Price ₹ 154
- High / Low ₹ 242 / 117
- Stock P/E 40.3
- Book Value ₹ 58.5
- Dividend Yield 0.07 %
- ROCE 10.8 %
- ROE 10.3 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 2.63 times its book value
- Tax rate seems low
- Company has a low return on equity of 13.6% over last 3 years.
- Company has high debtors of 194 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Furniture, Home Furnishing
Part of BSE Consumer Discretionary BSE 1000
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,106 | 2,247 | 2,006 | 1,247 | 775 | 533 | 756 | 1,103 | 974 | 1,087 | 1,418 | 1,394 | 1,248 | |
| 1,859 | 2,041 | 1,846 | 1,135 | 659 | 436 | 628 | 994 | 863 | 843 | 1,123 | 1,152 | 1,056 | |
| Operating Profit | 248 | 206 | 160 | 112 | 116 | 98 | 128 | 110 | 110 | 244 | 295 | 242 | 192 |
| OPM % | 12% | 9% | 8% | 9% | 15% | 18% | 17% | 10% | 11% | 22% | 21% | 17% | 15% |
| 32 | 24 | 18 | 13 | 24 | 28 | -44 | 24 | 16 | 18 | 8 | 10 | 9 | |
| Interest | 26 | 26 | 23 | 17 | 13 | 21 | 4 | 18 | 28 | 23 | 24 | 26 | 24 |
| Depreciation | 166 | 173 | 132 | 87 | 82 | 78 | 64 | 105 | 69 | 66 | 70 | 71 | 71 |
| Profit before tax | 87 | 31 | 22 | 21 | 45 | 26 | 15 | 10 | 28 | 172 | 210 | 154 | 106 |
| Tax % | 29% | 39% | 66% | 56% | 35% | 8% | -64% | 98% | 14% | 6% | 5% | 4% | |
| 62 | 19 | 8 | 9 | 29 | 24 | 24 | 0 | 24 | 161 | 199 | 148 | 101 | |
| EPS in Rs | 1.85 | 0.68 | 0.40 | 0.40 | 1.08 | 0.91 | 1.51 | 0.00 | 0.91 | 6.05 | 7.46 | 5.57 | 3.80 |
| Dividend Payout % | 5% | 14% | 25% | 24% | 11% | 11% | 7% | 3,750% | 11% | 2% | 1% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 13% |
| 3 Years: | 13% |
| TTM: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 13% |
| 3 Years: | 82% |
| TTM: | -49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 4% |
| 3 Years: | -13% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 9% |
| 3 Years: | 14% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 27 | 27 | 27 | 27 |
| Reserves | 817 | 855 | 863 | 871 | 896 | 917 | 941 | 942 | 946 | 1,110 | 1,319 | 1,532 |
| 550 | 420 | 382 | 223 | 109 | 167 | 198 | 236 | 260 | 215 | 256 | 195 | |
| 261 | 402 | 263 | 268 | 220 | 232 | 102 | 174 | 102 | 194 | 136 | 100 | |
| Total Liabilities | 1,654 | 1,703 | 1,535 | 1,389 | 1,251 | 1,342 | 1,268 | 1,378 | 1,334 | 1,546 | 1,738 | 1,853 |
| 1,063 | 919 | 801 | 765 | 692 | 617 | 915 | 820 | 691 | 815 | 797 | 740 | |
| CWIP | 0 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 8 | 14 | 15 | 38 | 19 | 13 | 10 | 12 | 13 | 11 | 71 | 76 |
| 583 | 763 | 718 | 586 | 540 | 712 | 343 | 546 | 630 | 720 | 870 | 1,038 | |
| Total Assets | 1,654 | 1,703 | 1,535 | 1,389 | 1,251 | 1,342 | 1,268 | 1,378 | 1,334 | 1,546 | 1,738 | 1,853 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 220 | 164 | 107 | 142 | 306 | 90 | 145 | -20 | 7 | 225 | 75 | 40 | |
| -80 | 32 | -36 | -29 | -253 | -94 | -166 | -5 | -5 | -156 | -102 | 49 | |
| -263 | -160 | -58 | -177 | -62 | 32 | 25 | 18 | -10 | -77 | 18 | -87 | |
| Net Cash Flow | -123 | 37 | 13 | -64 | -9 | 28 | 4 | -7 | -7 | -8 | -9 | 2 |
| Free Cash Flow | 142 | 168 | 97 | 109 | 32 | 89 | -269 | -28 | 0 | 35 | 24 | 25 |
| CFO/OP | 98% | 84% | 79% | 138% | 280% | 101% | 116% | -13% | 12% | 94% | 29% | 19% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53 | 96 | 74 | 115 | 76 | 150 | 79 | 91 | 127 | 186 | 150 | 194 |
| Inventory Days | 13 | 8 | 26 | 41 | 51 | 59 | 71 | 81 | 114 | 66 | 73 | 76 |
| Days Payable | 4 | 36 | 6 | 9 | 4 | 42 | 32 | 48 | 37 | 83 | 37 | 21 |
| Cash Conversion Cycle | 62 | 68 | 94 | 148 | 123 | 167 | 118 | 124 | 204 | 169 | 186 | 249 |
| Working Capital Days | 29 | 37 | 33 | 72 | 51 | 52 | 29 | 55 | 92 | 108 | 153 | 221 |
| ROCE % | 7% | 4% | 3% | 3% | 5% | 4% | 6% | 2% | 5% | 15% | 16% | 11% |
Insights
In beta| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Installed Capacity MT per month |
|
||||||||
| Number of Countries Exported To count |
|||||||||
| Number of Distributors (Domestic + International) count |
|||||||||
| Number of SKUs count |
|||||||||
| Export Share of Revenue % |
|||||||||
| Railways Share of Revenue % |
|||||||||
| Capacity Utilization % |
|||||||||
| Vinyl Planks Share of Revenue % |
|||||||||
Extracted by Screener AI
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- 44th AGM held on Aug. 24, 2026; final dividend, director appointments and MoA/AoA amendments proposed.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication of Unaudited Financial Results for the quarter ended June 30, 2026
-
Closure of Trading Window
- Trading window closed till 48 hours after board meeting considering equity share buy-back.
-
Board Meeting Outcome for Outcome Of Board Meeting
- Q1 FY27 results announced on Aug. 14, 2026; board formed buyback committee, decision pending.
-
Update on board meeting
- Board meeting on August 14, 2026 to consider equity share buyback proposal.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
Concalls
-
Feb 2026TranscriptAI SummaryPPT
-
Dec 2025TranscriptAI SummaryPPT
-
Feb 2025TranscriptAI SummaryPPT
-
Jan 2025TranscriptAI SummaryPPT
-
Jan 2025TranscriptAI SummaryPPT
-
Jun 2024TranscriptPPT
-
Sep 2023TranscriptAI SummaryPPT
-
Feb 2020TranscriptAI SummaryPPT
-
Nov 2019TranscriptAI SummaryPPT
-
Aug 2019TranscriptAI SummaryPPT
-
May 2019TranscriptAI SummaryPPT
-
Aug 2018TranscriptAI SummaryPPT
-
Aug 2018TranscriptAI SummaryPPT
Products
The company offers a diverse product range, including luxury vinyl planks, resilient vinyl sheets, synthetic leather, synthetic ropes, and waterproof membranes. Luxury vinyl planks and synthetic leather are used across various industries, such as residential and commercial spaces, healthcare, transportation, and more.[1]