Responsive Industries Ltd
Responsive Industries Limited, incorporated in 1982 is a leading India-based manufacturer of polyvinyl chloride (PVC)-based products. [1]
- Market Cap ₹ 5,004 Cr.
- Current Price ₹ 188
- High / Low ₹ 247 / 117
- Stock P/E 33.6
- Book Value ₹ 58.5
- Dividend Yield 0.05 %
- ROCE 10.8 %
- ROE 10.3 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 3.20 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,106 | 2,247 | 2,006 | 1,247 | 775 | 533 | 756 | 1,103 | 974 | 1,087 | 1,418 | 1,394 | |
| 1,859 | 2,041 | 1,846 | 1,135 | 659 | 436 | 628 | 994 | 863 | 843 | 1,123 | 1,152 | |
| Operating Profit | 248 | 206 | 160 | 112 | 116 | 98 | 128 | 110 | 110 | 244 | 295 | 242 |
| OPM % | 12% | 9% | 8% | 9% | 15% | 18% | 17% | 10% | 11% | 22% | 21% | 17% |
| 32 | 24 | 18 | 13 | 24 | 28 | -44 | 24 | 16 | 18 | 8 | 10 | |
| Interest | 26 | 26 | 23 | 17 | 13 | 21 | 4 | 18 | 28 | 23 | 24 | 26 |
| Depreciation | 166 | 173 | 132 | 87 | 82 | 78 | 64 | 105 | 69 | 66 | 70 | 71 |
| Profit before tax | 87 | 31 | 22 | 21 | 45 | 26 | 15 | 10 | 28 | 172 | 210 | 154 |
| 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 | |
| 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 |
| 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: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 13% |
| 3 Years: | 82% |
| TTM: | -25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| 1 Year: | -23% |
| 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 | 223 |
| 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 |
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| Number of Distributors (Domestic + International) count |
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| Export Share of Revenue % |
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| Railways Share of Revenue % |
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| Capacity Utilization % |
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| Vinyl Planks Share of Revenue % |
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Extracted by Screener AI
Documents
Announcements
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Disclosure Under Regulation 31(2) Of The SEBI (SAST) Regulations, 2011 & Regulation 7(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015
9 Jul - Promoter group Fairpoint Tradecom LLP released pledge on 1.74 lakh shares of Responsive Industries on July 7, 2026.
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Revised Disclosure Under Regulation 31 Of The SEBI (SAST) Regulations, 2011 & Regulation 7(2) Of The SEBI (Prohibition Of Insider Trading) Regulations, 2015
8 Jul - Fairpoint Tradecom LLP revised pledge creation/release disclosure for Responsive Industries on July 7, 2026.
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Closure of Trading Window
27 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY2026 board meeting.
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Disclosure Under Regulation 31 Of SEBI (SAST) Regulations, 2011 & Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015
15 Jun - Fairpoint Tradecom LLP created pledge on 3.2 lakh shares of Responsive Industries on June 10, 2026.
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Disclosure Under Regulation 31 Of SEBI (SAST) Regulations, 2011 & Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015
10 Jun - Fairpoint Tradecom LLP disclosed pledge creation and release on June 4, 8 and 9, 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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Feb 2026TranscriptAI SummaryPPT
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Dec 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Jan 2025TranscriptAI SummaryPPT
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Jan 2025TranscriptAI SummaryPPT
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Jun 2024TranscriptPPT
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Sep 2023TranscriptAI SummaryPPT
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Feb 2020TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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May 2019TranscriptAI SummaryPPT
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Aug 2018TranscriptAI SummaryPPT
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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]