RESPONIND
Responsive Industries share price & financials
- Price
- ₹220.6
- Market cap
- ₹4.6k Cr
- Sector
- Consumer Durables
- Calls analysed
- 1
Responsive Ind Q4 FY24
Revenue ₹1,086 cr (+12% YoY); EBITDA ₹261 cr (+107% YoY); EBITDA Margin 24.03%. FY24 Revenue from operations stood at INR 1,086 crores, up 11.61% YoY from INR 973 crores in FY23.
Read the full call →What Responsive Industries Limited does
Responsive Industries manufactures and sells polyvinyl chloride (PVC) and polymer-based products, chiefly vinyl flooring (sheet and planks, including SPC and LVT), synthetic leather, synthetic ropes and waterproofing membranes. It is a fully backward-integrated manufacturer, producing its own films, wear layers and decor papers in-house at plants in Boisar (Maharashtra, India) and Ma'anshan (Anhui, China). Its customer base spans mission-critical institutional buyers such as Indian Railways, state transport undertakings and bus-body builders, real estate developers, healthcare and education institutions, alongside a growing retail and export business sold under its own flooring brands in India and the United States.
Segments
- Vinyl Flooring
- Synthetic Leather
- Specialty Materials
- Manufacturing facilities
- 2 (Boisar, Maharashtra, India and Ma'anshan, Anhui, China)
- Installed production capacity
- 12,500 metric tons/month (Flooring 8,500 MT, Leather 2,000 MT, Ropes 2,000 MT)
- India facility footprint
- 50-acre park with ~8.25 lakh sq ft of built-up area across 15 manufacturing lines
- China facility capacity
- 12 extrusion lines with production capacity of 7.5 million sq ft/month
- Export reach
- 70+ countries
- Institutional and retail accounts
- 1,000+
Guidance record · Q4 FY24
what the last two calls moved 7 tracked 0 delivered 0 missed 7 open- Top line revenue open said Q4 FY24 Promised: INR 2,500 crores in the next 3 to 5 years Q4 FY24: Target set by management leveraging existing capacity.
All 7 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue down 43.1%, net profit down 94.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 350 | 368 | 381 | 339 | 314 −10% | 311 −15% | 430 +13% | 193 −43% |
| EBITDA | 73 | 72 | 79 | 73 | 77 +6% | 46 −36% | 46 −41% | 23 −68% |
| Net profit | 49 | 47 | 54 | 50 | 53 +8% | 22 −52% | 23 −58% | 3 −95% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −11.7% 1Y
1Y: ₹196.25 on 10 Sept 2025 → ₹173.27. High ₹221.39 (2 Dec 2025), low ₹127.01 (30 Mar 2026).
Financials, as filed
Revenue grew 12.7% a year over 3 years, FY23 to FY26. Operating margin widened to 17.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹973 Cr | ₹1.1k Cr | ₹1.4k Cr | ₹1.4k Cr |
| Operating profit | ₹110 Cr | ₹243 Cr | ₹295 Cr | ₹242 Cr |
| Operating margin | 11.3% | 22.3% | 20.8% | 17.3% |
| Interest | ₹29 Cr | ₹23 Cr | ₹24 Cr | ₹26 Cr |
| Depreciation | ₹70 Cr | ₹66 Cr | ₹70 Cr | ₹71 Cr |
| Net profit | ₹25 Cr | ₹161 Cr | ₹199 Cr | ₹148 Cr |
| Net margin | 2.6% | 14.8% | 14.0% | 10.6% |
| Cash from operations | ₹7 Cr | ₹225 Cr | ₹75 Cr | ₹40 Cr |
| Free cash flow | ₹0 Cr | ₹35 Cr | ₹24 Cr | ₹25 Cr |
| ROCE | 5.0% | 15.0% | 16.0% | 11.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹26 Cr | ₹26 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr |
| Reserves | ₹941 Cr | ₹942 Cr | ₹946 Cr | ₹1.1k Cr | ₹1.4k Cr | ₹1.5k Cr |
| Borrowings | ₹198 Cr | ₹236 Cr | ₹260 Cr | ₹215 Cr | ₹205 Cr | ₹195 Cr |
| Other liabilities | ₹102 Cr | ₹174 Cr | ₹102 Cr | ₹194 Cr | ₹183 Cr | ₹100 Cr |
| Total liabilities | ₹1.3k Cr | ₹1.4k Cr | ₹1.3k Cr | ₹1.5k Cr | ₹1.9k Cr | ₹1.9k Cr |
| Fixed assets | ₹915 Cr | ₹820 Cr | ₹691 Cr | ₹815 Cr | ₹771 Cr | ₹740 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹10 Cr | ₹12 Cr | ₹13 Cr | ₹11 Cr | ₹72 Cr | ₹76 Cr |
| Other assets | ₹343 Cr | ₹546 Cr | ₹630 Cr | ₹720 Cr | ₹1.0k Cr | ₹1.0k Cr |
| Total assets | ₹1.3k Cr | ₹1.4k Cr | ₹1.3k Cr | ₹1.5k Cr | ₹1.9k Cr | ₹1.9k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +24.04 pp while FIIs trimmed −23.93 pp. The shareholder count shrank 12% to 15,773.
- Promoters
- 59.1%
- FIIs
- 7.5%
- DIIs
- 3.2%
- Public
- 30.1%
Since Jun 2025
- Public +24.04 pp
- FIIs −23.93 pp
- DIIs −0.13 pp
How it drifted, 12 quarters
Over this window the public went from 1.5% to 30.1% — +28.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 59.5%, FIIs 35.5%, DIIs 3.6%, Public 1.5%.Dec '23: Promoters 59.5%, FIIs 35.1%, DIIs 3.6%, Public 1.8%.Mar '24: Promoters 59.1%, FIIs 35.1%, DIIs 3.6%, Public 2.2%.Jun '24: Promoters 59.1%, FIIs 35.1%, DIIs 3.6%, Public 2.2%.Sep '24: Promoters 59.1%, FIIs 34.8%, DIIs 3.6%, Public 2.5%.Dec '24: Promoters 59.1%, FIIs 32.5%, DIIs 3.5%, Public 4.9%.Mar '25: Promoters 59.1%, FIIs 31.6%, DIIs 3.5%, Public 5.7%.Jun '25: Promoters 59.1%, FIIs 31.4%, DIIs 3.4%, Public 6.1%.Sep '25: Promoters 59.1%, FIIs 30.6%, DIIs 3.3%, Public 7.0%.Dec '25: Promoters 59.1%, FIIs 31.2%, DIIs 3.3%, Public 6.3%.Mar '26: Promoters 59.1%, FIIs 32.2%, DIIs 3.2%, Public 5.4%.Jun '26: Promoters 59.1%, FIIs 7.5%, DIIs 3.2%, Public 30.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Wellknown Business Ventures Llp newly disclosed 47.51% held
The same filing shows 0 holders trimming and 2 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Responsive Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Wellknown Business Ventures Llp | 47.51% | newly disclosed |
| Fossebridge Limited | 12.32% | unchanged |
| Xatis International Limited | 12.27% | unchanged |
| Fairpoint Tradecom Llp | 9.25% | unchanged |
| Life Insurance Corporation Of India Insurer | 3.22% | unchanged |
| Bao Value Fund FPI fund | 2.76% | unchanged |
| Sparrow Asia Diversified Opportunities Fund FPI fund | 2.13% | unchanged |
| Sanjay Babulal Surana | 1.10% | unchanged |
| Efficient Builders Llp | 0.60% | unchanged |
| Saudamini Abhishek Agarwal | 0.56% | unchanged |
| Swati Atit Agarwal | 0.49% | unchanged |
| Mavi Business Ventures Llp | 0.42% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Responsive Industries Limited
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