Responsive Industries Limited, incorporated in 1982, is a leading India-based manufacturer of polyvinyl chloride (PVC)-based products, engaged in manufacturing across flooring and synthetic leather-related PVC products. The company produces approximately 24 different types of flooring catering to various sectors, including hospitals, healthcare, transportation, real estate, offices, and residences. It has established itself as a significant player in the specialty chemicals and plastics industry with operations spanning multiple product categories. 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, and transportation.
The company's products are marketed both in India and internationally. Responsive Industries exports its products to over 70 countries globally and has a network of over 300 active distributors spread across India. It is a leading manufacturer of vinyl flooring and synthetic leather products with a global presence. The company serves industries like healthcare, hospitality, and transportation, providing durable and stylish flooring solutions. Responsive Industries Ltd is one of the world's largest manufacturers of PVC-based products, ranging from flooring solutions to automotive upholstery and pharma packaging. With 11 sales offices and over 300 retailers, the company ensures accessibility to its products.
- Market Capitalization: ₹6,308 crore (as of latest available data, down -26.6% in 1 year)
- Revenue (Latest Disclosure): ₹1,418 crore
- Profit (Latest Disclosure): ₹199 crore
- Promoter Holding: 58.6% (as of Mar 2025)
- Debt to Equity Ratio: 1% (Signals a healthy balance sheet)
- Debtors Days: 150 days (High debtors)
- P/E Ratio: 31.7 (Recent P/E is 34.08)
- Book Value: ₹50.5
- Dividend Yield: 0.04%
- ROCE (Return on Capital Employed): 15.8%
- ROE (Return on Equity): 16.0% (Recent ROE is 14%)
- Current PB Ratio: 5.20
The company has an operating revenue of ₹1,224.89 crore on a trailing 12-month basis with annual revenue growth of 12%, pre-tax margin of 16%, and ROE of 14%.
- Net Profit: ₹198.86 crore (up 23.31% from ₹161.27 crore in FY24)
- Sales: ₹1417.91 crore (up 30.45% from ₹1086.97 crore in FY24)
- Net Profit: ₹54.25 crore (up 18.27% from ₹45.87 crore in Q4 FY24)
- Sales: ₹380.66 crore (up 32.09% from ₹288.19 crore in Q4 FY24)
- Net Profit: ₹46.95 crore (up 5.01% from ₹44.71 crore in Q3 FY24)
- Sales: ₹367.82 crore (up 37.62% from ₹267.27 crore in Q3 FY24)
Responsive Industries reported audited FY25 results and recommended a final dividend of ₹0.10 per share (10%), subject to shareholder approval.
- Promoter Holding: 58.6% (as of Mar 2025)
- Promoter holding in Responsive Industries Ltd has remained stable at 58.58% from Mar 2025 compared to Jun 2024.
- 52-Week High: ₹339.45
- 52-Week Low: ₹155.80
- The stock reached its highest price of ₹339.45 in the last 52 weeks.
- Main Industry: Plastics Products
- Peers: Supreme Industries Ltd, Astral Ltd, Finolex Industries Ltd, Safari Industries (India) Ltd, Time Technoplast Ltd, Shaily Engineering Plastics Ltd, V I P Industries Ltd.
The company has demonstrated consistent growth in its core business segments with strong performance in both domestic and international markets.
- Revenue Growth (Last 5 Years): 6.69% per year (vs. industry average of 5.78%)
- Market Share Growth (Last 5 Years): Increased from 31.08% to 32.69%
- Net Income Growth (Last 5 Years): 41.24% per year (vs. industry average of 20.23%)
The company's strategic focus on expanding its product portfolio and geographical reach has positioned it well in the competitive landscape of PVC-based products manufacturing, making it a notable player in the specialty chemicals sector.
