Responsive Industries
- P/E
- 36.77
Key Fundamentals
MicrocapConsumer DurablesConsumer DiscretionaryPrice-based figures as of · EPS basis: Consolidated · TTM
- ROCE
- 10.80%
- Debt to Equity
- 0.13
- EPS (TTM)
- ₹3.80
- Book Value
- ₹59.09
- Market Cap
- —
- P/E (TTM)
- 36.77
- P/B
- 2.36
- ROE
- 10.30%
- Dividend Yield
- 0.07%
- EBITDA
- ₹252 Cr
- 52W High
- ₹240.90
- 52W Low
- ₹117.25
- Day Range
- ₹139.05 – ₹145.29
- Volume
- 2,23,882
Peer Comparison
Consumer Discretionary › Consumer Goods › Home Furnishing › Furniture, Home Furnishing
| ₹507.90 | 25.81 | ₹5,504 Cr | 1.65 | 0.20% | 4.80% | 6.11% | ₹4,031 Cr | ₹217 Cr | |
| ₹137.47 | 21.55 | ₹4,497 Cr | 4.03 | 0.00% | 23.10% | 10.90% | ₹1,547 Cr | ₹193 Cr | |
| ₹139.72 | 36.77 | ₹3,792 Cr | 2.36 | 0.07% | 10.30% | 10.80% | ₹1,248 Cr | ₹101 Cr | |
| ₹229.50 | — | ₹1,053 Cr | 3.72 | 0.00% | 35.80% | 47.10% | — | — | |
| ₹663.45 | 85.06 | ₹778 Cr | 9.82 | 0.03% | 9.29% | 10.70% | ₹386 Cr | ₹10 Cr | |
| ₹131.59 | 160.48 | ₹757 Cr | 1.61 | 0.00% | 1.80% | 5.55% | ₹410 Cr | ₹6 Cr | |
| ₹8.88 | 52.24 | ₹605 Cr | 1.49 | 0.00% | 3.18% | 4.70% | ₹158 Cr | ₹12 Cr | |
| Median 7 companies | ₹139.72 | 44.51 | ₹1,053 Cr | 2.36 | 0.00% | 9.29% | 10.70% | ₹829 Cr | ₹57 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
Data confidence 100/100
Category scores
- Quality
- 48
- Average
- Returns, margins, earnings quality 22% weight
- Valuation
- 33
- Poor
- Cheap vs sector & own history 24% weight
- Growth
- 10
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 71
- Strong
- Solvency, leverage, coverage 9% weight
- Momentum
- 19
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 41
- Weak
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Company has reduced debt.
Weaknesses
4- Stock is trading at 2.55 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.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 12 | 4 | 3 |
| Oscillators | Bullish | 2 | 4 | 3 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bullish
Overall
Strong Bearish
Moving Averages
Strong Bearish
Key readings
- RSI (14)
- 33.39
- Neutral
- MACD (12,26,9)
- −4.11
- Bearish
- SMA (50)
- 154.31
- Bearish
- SMA (200)
- 167.86
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −4.66% |
|---|---|
| 5Y | +13.02% |
| 3Y | +12.69% |
| 1Y | −1.69% |
| TTM | −13.12% |
Net profit
| 10Y | +22.79% |
|---|---|
| 5Y | +43.88% |
| 3Y | +83.38% |
| 1Y | −25.63% |
| TTM | −49.44% |
Operating cash flow
| 10Y | −13.16% |
|---|---|
| 5Y | −22.71% |
| 3Y | +78.78% |
| 1Y | −46.67% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +8.19 pp |
|---|---|
| 5Y | +0.43 pp |
| 3Y | +6.07 pp |
| 1Y | −3.44 pp |
| TTM | −5.20 pp |
Revenue by year
| Mar 2017 | ₹2,006 Cr |
|---|---|
| Mar 2018 | ₹1,247 Cr |
| Mar 2019 | ₹775 Cr |
| Mar 2020 | ₹533 Cr |
| Mar 2021 | ₹756 Cr |
| Mar 2022 | ₹1,103 Cr |
| Mar 2023 | ₹974 Cr |
| Mar 2024 | ₹1,087 Cr |
| Mar 2025 | ₹1,418 Cr |
| Mar 2026 | ₹1,394 Cr |
Net profit by year
| Mar 2017 | ₹8.00 Cr |
|---|---|
| Mar 2018 | ₹9.00 Cr |
| Mar 2019 | ₹29.00 Cr |
| Mar 2020 | ₹24.00 Cr |
| Mar 2021 | ₹24.00 Cr |
| Mar 2022 | ₹0.00 Cr |
| Mar 2023 | ₹24.00 Cr |
| Mar 2024 | ₹161 Cr |
| Mar 2025 | ₹199 Cr |
| Mar 2026 | ₹148 Cr |
AI Analysis — Bull vs Bear
Responsive Industries Ltd is a consumer goods company with a market cap of ₹4,627 Cr trading at a PE of 30.8x. The company has delivered strong 3-year compounded profit growth of 82% but is currently experiencing a TTM sales decline of -2% and profit decline of -25%, with the stock down 22% over the past year.
- Strong 3-year compounded profit growth of 82% indicates significant earnings expansion over the medium term
- Company has reduced debt, improving balance sheet strength and financial flexibility
- 5-year compounded sales growth of 13% shows consistent revenue scaling over a longer horizon
- 5-year compounded profit growth of 13% demonstrates sustained earnings momentum beyond short-term cycles
- 10-year compounded profit growth of 23% reflects long-term value creation capability
- 3-year ROE of 14% shows improving capital efficiency compared to 5-year average of 9% and 10-year average of 7%
- 10-year stock CAGR of 8% shows the company has generated positive long-term shareholder returns despite recent weakness
- TTM compounded profit declined -25%, indicating a sharp recent deterioration in earnings
- High debtor days of 194 days signals poor working capital management and potential collection risk
- Stock has declined -22% over the past 1 year, reflecting negative market sentiment
- TTM sales growth of -2% shows the topline is currently contracting
- PE of 30.8x is elevated relative to the last year ROE of just 10%, suggesting the valuation may not be supported by current profitability
- Price-to-book ratio of 2.92x is high given the 3-year average ROE of only 13.6%
- Dividend yield of just 0.06% provides negligible income return to shareholders
- Tax rate appears low which could mean future earnings may be impacted if tax benefits normalize
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
TL;DR: No material positive or negative catalysts in recent news for Responsive Industries. The pledge release is mildly constructive as it reduces promoter share encumbrance, and the board appointment is routine governance activity. Overall, the news flow is uneventful with no clear directional signal for the stock in the near term.
- New independent director appointed Jul 25
Bajrang Lal Bajaj appointed as Non-Executive Independent Director effective July 24, 2026, subject to shareholder approval.
- Pledge released on 1.74L shares Jul 9
Fairpoint Tradecom LLP released a pledge on 1,74,000 shares of Responsive Industries on July 7, 2026, reducing encumbered promoter holdings.
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 263 | 268 | 267 | 288 | 320 | 350 | 368 | 381 | 339 | 314 | 311 | 430 | 193 | 205 |
| Expenses | 215 | 207 | 201 | 221 | 249 | 277 | 295 | 302 | 266 | 237 | 265 | 384 | 170 | 175 |
| Operating Profit | 48.5 | 61.13 | 66.45 | 66.73 | 71.27 | 72.51 | 72.35 | 78.89 | 72.57 | 76.6 | 46.22 | 46.37 | 23.31 | 29.63 |
| OPM % | 18.43% | 22.78% | 24.86% | 23.15% | 22.28% | 20.75% | 19.67% | 20.72% | 21.43% | 24.41% | 14.85% | 10.78% | 12.09% | 14.46% |
| Other Income | 2.48 | 5.46 | 1.48 | 9.01 | 2.01 | 2.24 | 2.66 | 1.5 | 2.15 | 2.99 | 1.63 | 2.77 | 2.04 | 0.9 |
| Interest | 4.59 | 7.95 | 5.31 | 5.06 | 5.32 | 5.13 | 6.63 | 6.88 | 5.32 | 7.04 | 5.67 | 7.69 | 4 | 4.22 |
| Depreciation | 14.42 | 15.48 | 15.5 | 20.83 | 17.17 | 17.51 | 17.67 | 17.33 | 17.77 | 17.9 | 17.92 | 17.61 | 17.71 | 17.92 |
| PBT | 31.96 | 43.16 | 47.12 | 49.85 | 50.79 | 52.12 | 50.7 | 56.17 | 51.63 | 54.65 | 24.26 | 23.84 | 3.64 | 8.39 |
| Tax % | 6.1% | 5.77% | 5.11% | 7.98% | 4.73% | 5.43% | 7.39% | 3.42% | 3.41% | 2.53% | 7.34% | 4.28% | 24.73% | 22.65% |
| Net Profit | 30.01 | 40.67 | 44.71 | 45.87 | 48.38 | 49.28 | 46.95 | 54.25 | 49.87 | 53.26 | 22.48 | 22.82 | 2.74 | 6.49 |
| EPS (₹) | 1.11 | 1.52 | 1.68 | 1.72 | 1.81 | 1.85 | 1.76 | 2.03 | 1.87 | 2 | 0.84 | 0.86 | 0.1 | — |
Sep 2026: from the results filed on 30 Oct 2026, ahead of the full statement, so some rows are blank.
Profit & Loss
₹ Cr| Particulars | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,106 | 2,247 | 2,006 | 1,247 | 775 | 533 | 756 | 1,103 | 974 | 1,087 | 1,418 | 1,394 | 1,248 |
| Expenses | 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% |
| Other Income | 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 |
| PBT | 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% | — |
| Net Profit | 62 | 19 | 8 | 9 | 29 | 24 | 24 | 0 | 24 | 161 | 199 | 148 | 101 |
| EPS (₹) | 1.85 | 0.68 | 0.4 | 0.4 | 1.08 | 0.91 | 1.51 | 0 | 0.91 | 6.05 | 7.46 | 5.57 | 3.8 |
| Div. Payout % | 5% | 14% | 25% | 24% | 11% | 11% | 7% | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 11% | 2% | 1% | 2% | — |
Balance Sheet
₹ Cr| Particulars | 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 |
| Borrowings | 550 | 420 | 382 | 223 | 109 | 167 | 198 | 236 | 260 | 215 | 256 | 195 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 220 | 164 | 107 | 142 | 306 | 90 | 145 | −20 | 7 | 225 | 75 | 40 |
| Investing | −80 | 32 | −36 | −29 | −253 | −94 | −166 | −5 | −5 | −156 | −102 | 49 |
| Financing | −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/EBITDA | 98 | 84 | 79 | 138 | 280 | 101 | 116 | −13 | 12 | 94 | 29 | 19 |
Ratios
| Particulars | 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
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Responsive Industries insights
71 extracted metrics across FY12–FY27.
Documents
- 13 Feb 2026
- 11 Nov 2025
- 30 Jul 2025
- 14 May 2025
- 25 Aug 2026
- 5 Feb 2026
- 29 Jan 2025
- 4 Dec 2023
- 15 Sep 2022
Frequently Asked Questions about Responsive Industries
What does Responsive Industries Ltd do?
Where is Responsive Industries Ltd (RESPONIND) listed?
Which sector does Responsive Industries Ltd belong to?
What is the PE ratio of Responsive Industries Ltd?
What is the 52-week high and low of Responsive Industries Ltd?
Does Responsive Industries Ltd pay dividends?
What is the Return on Equity (ROE) of Responsive Industries Ltd?
Company Information
Responsive Industries Limited, incorporated in 1982 is a leading India-based manufacturer of polyvinyl chloride (PVC)-based products.
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