Responsive Industries Ltd
Responsive Industries Limited, incorporated in 1982 is a leading India-based manufacturer of polyvinyl chloride (PVC)-based products. [1]
- Market Cap ₹ 9,515 Cr.
- Current Price ₹ 356
- High / Low ₹ 364 / 101
- Stock P/E 153
- Book Value ₹ 37.6
- Dividend Yield 0.03 %
- ROCE 4.51 %
- ROE 2.46 %
- Face Value ₹ 1.00
Pros
- Company has been maintaining a healthy dividend payout of 1,256%
Cons
- Stock is trading at 9.51 times its book value
- Company has a low return on equity of 3.06% over last 3 years.
- Debtor days have increased from 98.9 to 127 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
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,684 | 2,186 | 2,515 | 2,106 | 2,247 | 2,006 | 1,247 | 775 | 533 | 756 | 1,103 | 974 | 1,009 | |
1,469 | 1,936 | 2,257 | 1,859 | 2,041 | 1,846 | 1,135 | 659 | 436 | 628 | 994 | 863 | 869 | |
Operating Profit | 215 | 251 | 258 | 248 | 206 | 160 | 112 | 116 | 98 | 128 | 110 | 110 | 141 |
OPM % | 13% | 11% | 10% | 12% | 9% | 8% | 9% | 15% | 18% | 17% | 10% | 11% | 14% |
6 | 10 | 27 | 32 | 24 | 18 | 13 | 24 | 28 | -44 | 24 | 16 | 14 | |
Interest | 12 | 31 | 31 | 26 | 26 | 23 | 17 | 13 | 21 | 4 | 18 | 28 | 25 |
Depreciation | 79 | 121 | 145 | 166 | 173 | 132 | 87 | 82 | 78 | 64 | 105 | 69 | 60 |
Profit before tax | 130 | 108 | 108 | 87 | 31 | 22 | 21 | 45 | 26 | 15 | 10 | 28 | 69 |
Tax % | 14% | 20% | 24% | 29% | 39% | 66% | 56% | 35% | 8% | -64% | 98% | 14% | |
111 | 87 | 82 | 62 | 19 | 8 | 9 | 29 | 24 | 24 | 0 | 24 | 64 | |
EPS in Rs | 3.90 | 3.04 | 2.72 | 1.85 | 0.68 | 0.40 | 0.40 | 1.08 | 0.91 | 1.51 | 0.00 | 0.90 | 2.33 |
Dividend Payout % | 3% | 3% | 4% | 5% | 14% | 25% | 24% | 11% | 11% | 7% | 3,750% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | -8% |
5 Years: | -5% |
3 Years: | 22% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | -11% |
5 Years: | 15% |
3 Years: | 2% |
TTM: | 1141% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 38% |
3 Years: | 50% |
1 Year: | 151% |
Return on Equity | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 3% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | |
Reserves | 523 | 605 | 739 | 817 | 855 | 863 | 871 | 896 | 917 | 941 | 942 | 977 |
764 | 753 | 799 | 550 | 420 | 382 | 223 | 109 | 167 | 198 | 236 | 257 | |
142 | 148 | 279 | 261 | 402 | 263 | 268 | 220 | 232 | 102 | 174 | 140 | |
Total Liabilities | 1,455 | 1,532 | 1,843 | 1,654 | 1,703 | 1,535 | 1,389 | 1,251 | 1,342 | 1,268 | 1,378 | 1,401 |
900 | 1,026 | 1,150 | 1,063 | 919 | 801 | 765 | 692 | 617 | 915 | 820 | 757 | |
CWIP | 0 | 0 | 0 | 0 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 127 | 123 | 10 | 8 | 14 | 15 | 38 | 19 | 13 | 10 | 12 | 13 |
428 | 382 | 683 | 583 | 763 | 718 | 586 | 540 | 712 | 343 | 546 | 631 | |
Total Assets | 1,455 | 1,532 | 1,843 | 1,654 | 1,703 | 1,535 | 1,389 | 1,251 | 1,342 | 1,268 | 1,378 | 1,401 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | 255 | 105 | 220 | 164 | 107 | 142 | 306 | 90 | 145 | -20 | 7 | |
-352 | -211 | -48 | -80 | 32 | -36 | -29 | -253 | -94 | -166 | -5 | -5 | |
364 | -65 | 90 | -263 | -160 | -58 | -177 | -62 | 32 | 25 | 18 | -10 | |
Net Cash Flow | 29 | -21 | 146 | -123 | 37 | 13 | -64 | -9 | 28 | 4 | -7 | -7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 46 | 31 | 47 | 53 | 96 | 74 | 115 | 76 | 150 | 79 | 91 | 127 |
Inventory Days | 22 | 15 | 10 | 13 | 8 | 26 | 41 | 51 | 59 | 71 | 81 | 114 |
Days Payable | 8 | 6 | 5 | 4 | 36 | 6 | 9 | 4 | 42 | 32 | 48 | 41 |
Cash Conversion Cycle | 60 | 41 | 52 | 62 | 68 | 94 | 148 | 123 | 167 | 118 | 124 | 200 |
Working Capital Days | 60 | 40 | 51 | 62 | 56 | 67 | 118 | 102 | 166 | 110 | 123 | 181 |
ROCE % | 13% | 10% | 8% | 7% | 4% | 3% | 3% | 5% | 4% | 6% | 2% | 5% |
Documents
Announcements
- Closure of Trading Window 1d
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 17 Sep
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 Sep - Company confirms order placed for RVNL Rishikesh Karan Prayag Rail Infrastructure Project
- Announcement under Regulation 30 (LODR)-Meeting Updates 15 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 15 Sep
Annual reports
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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
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
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Financial Year 2011
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Financial Year 2010
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Products
The Company’s main products include Vinyl Flooring, Synthetic Leather, and Luxury Vinyl Tile (LVT), having 30+ product categories within. It caters to 25 end-user industries ranging from hospitals, health care, transportation, real estate – offices, and residences.{#https://www.bseindia.com/bseplus/AnnualReport/505509/77145505509.pdf#page=21 #} {#https://www.responsiveindustries.com/ #}
It has a presence in the shipping ropes business through its subsidiary Axiom Cordages Limited. [1]