Responsive Industries
- Market cap
- ₹ 3,775 Cr.
- P/E
- 37.2x
- P/B
- 2.48x
- 52-week range
- 117.25 – 240.9
- ROE
- 10%
- ROCE
- 11%
- Dividend yield
- 0.1%
- Debt / equity
- 0.13
- Sector
- Consumer Durables
- Industry
- Furniture, Home Furnishing
- Listed on
- NSE, BSE
About
Responsive Industries Limited is an India-based company. The Company is a manufacturer of polyvinyl chloride (PVC) products. Its product verticals include vinyl flooring, synthetic leather, luxury vinyl tile (LVT), wall cladding & surface products, industrial & specialized flooring solutions, stone plastic composite (SPC), synthetic ropes and waterproof membrane (PVC specialized covers). Its SPC flooring products include Resonate, Tranquil, Inspire, Bellisimo and Allure. Its LVT Flooring products include Opulence, Natural Wood, Carpet Touch and more. Its vinyl flooring products include Spica RQ, Vega Plus, Cosmo RQ, Talitha, Canoplus, Regor, Canoplus Plus, Active, Active Pro, Gamma, Endura Super, and Superior. It offers vinyl flooring for healthcare, safety & transport, education, sports, retail & offices, hospitality & residential, and commercial industry. It also offers synthetic leather for sectors which include upholstery, automotive, transport, footwear and more.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Furniture, Home Furnishing: 24 companies →Responsive Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)37.2 against a typical 20.6: pricier than most peers (1st = cheapest).18th of 24
- Sales growth−43.1% against a typical +13.9% from a year earlier.15th of 18
- Profit growth−94.5% against a typical −38.2% from a year earlier.15th of 18
- Share price, 3 months−14.6% against a typical −18.8%.9th of 21
- Size₹ 3,775.2 Cr. market value against a typical ₹ 85.5 Cr. (1st = largest).3rd of 23
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR A/IVR A1 | Negative/ | 25 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 25 Aug 2026 | Reaffirmed | IVR A → IVR A/IVR A1 | — | Infomerics | ₹ 430.27 Cr. | |
| 5 Feb 2026 | Reaffirmed | IVR A | — | Infomerics | ₹ 430.27 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Responsive IndustriesAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Financial Results | To consider and approve the Unaudited financial results for the period ended September 30, 2026 |
| 17 Sep 2026 | Buyback | To consider buyback for equity shares |
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 26 May 2026 | Financial Results/Dividend | To consider and approve the Audited Standalone and Consolidated financial results for the period ended March 31, 2026 and dividend |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 11 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 30 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 268 | 267 | 288 | 320 | 350 | 368 | 381 | 339 | 314 | 311 | 430 | 193 |
| Expenses | 207 | 201 | 221 | 249 | 277 | 295 | 302 | 266 | 237 | 265 | 384 | 170 |
| Operating Profit | 61 | 66 | 67 | 71 | 73 | 72 | 79 | 73 | 77 | 46 | 46 | 23 |
| OPM % | 22.8% | 24.9% | 23.2% | 22.3% | 20.8% | 19.7% | 20.7% | 21.4% | 24.4% | 14.9% | 10.8% | 12.1% |
| Other Income | 5 | 1 | 9 | 2 | 2 | 3 | 2 | 2 | 3 | 2 | 3 | 2 |
| Interest | 8 | 5 | 5 | 5 | 5 | 7 | 7 | 5 | 7 | 6 | 8 | 4 |
| Depreciation | 15 | 16 | 21 | 17 | 18 | 18 | 17 | 18 | 18 | 18 | 18 | 18 |
| Profit before tax | 43 | 47 | 50 | 51 | 52 | 51 | 56 | 52 | 55 | 24 | 24 | 4 |
| Tax % | 5.8% | 5.1% | 8% | 4.7% | 5.4% | 7.4% | 3.4% | 3.4% | 2.5% | 7.3% | 4.3% | 24.7% |
| Net Profit | 41 | 45 | 46 | 48 | 49 | 47 | 54 | 50 | 53 | 22 | 23 | 3 |
| EPS in Rs | 1.52 | 1.68 | 1.72 | 1.81 | 1.85 | 1.76 | 2.03 | 1.87 | 2 | 0.84 | 0.86 | 0.1 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −5%
- 5 Years
- 13%
- 3 Years
- 13%
- TTM
- −13%
- 10 Years
- 23%
- 5 Years
- 13%
- 3 Years
- 82%
- TTM
- −49%
- 10 Years
- 7%
- 5 Years
- 4%
- 3 Years
- −12%
- TTM
- —
- 10 Years
- 7%
- 5 Years
- 9%
- 3 Years
- 14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Responsive Industries | ₹ 149.50 | ₹ 3,775 Cr. | 37.2x | 2.5x | 10% | — |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 55.4x | 9.1x | 17.4% | 13.6% |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 71.3x | 5.2x | 5.2% | 3.2% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 38x | 6.4x | 16.8% | 10.2% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 65.9x | 6.8x | 10.6% | 5% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 17.4x | 1.4x | — | 3.3% |
Management
- Mehul Laljibhai Vala
- Chief Executive Officer, Whole-Time Director
- Ruvi Bhansali
- Chief Financial Officer
- Jayesh Popatlal Jain
- Compliance Officer, Company Secretary
- Sadanand Raghavendra Morab
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.