BSE: 505509 | NSE: RESPONIND | Plastic Products | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Responsive Industries Ltd is a average quality company.
The key valuation ratios of Responsive Industries Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Responsive Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 7.7% | 4.2% | 3.5% | 3.2% | 5.4% | 4.5% | 1.6% | 2.4% | 4.7% | 15.2% | - |
| Value Creation Index ⓘ | -0.5 | -0.7 | -0.8 | -0.8 | -0.6 | -0.7 | -0.9 | -0.8 | -0.7 | 0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 2,106 | 2,247 | 2,006 | 1,247 | 775 | 533 | 756 | 1,103 | 974 | 1,087 | 1,225 |
| Sales YoY Gr. | - | 6.7% | -10.7% | -37.9% | -37.8% | -31.2% | 41.8% | 46% | -11.8% | 11.6% | - |
| Adj EPS ⓘ | 1.2 | 0.2 | 0.1 | 0.2 | 0.5 | 0.3 | 1.6 | -0.5 | 0.6 | 5.8 | 7.1 |
| YoY Gr. | - | -83.6% | -50% | 80% | 194.4% | -49.1% | 477.8% | -133.3% | NA | 922.8% | - |
| BVPS (₹) ⓘ | 32.1 | 33.6 | 33.9 | 34.2 | 35.1 | 35.9 | 36.9 | 36.9 | 36.5 | 42.7 | 46.3 |
| Adj Net Profit ⓘ | 32 | 5.2 | 2.8 | 4.6 | 13.9 | 7.2 | 41.1 | -13.7 | 15.2 | 155 | 188 |
| Cash Flow from Ops. ⓘ | 220 | 165 | 107 | 142 | 306 | 90 | 145 | -20 | 7 | 225 | - |
| Debt/CF from Ops. ⓘ | 2.5 | 2.6 | 3.6 | 1.6 | 0.4 | 1.9 | 1.4 | -11.8 | 36.6 | 0.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -7.1% | 7% | 12.9% | 11.6% | ||||
| Adj EPS ⓘ | 19% | 61.5% | 55.2% | 922.8% | ||||
| BVPSⓘ | 3.2% | 4% | 5% | 17% | ||||
| Share Price | 11.4% | 21.6% | 18.4% | -18% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 4 | 0.6 | 0.3 | 0.5 | 1.5 | 0.8 | 4.3 | -1.4 | 1.6 | 14.7 | 15.9 |
| Op. Profit Mgn % ⓘ | 11.8 | 9.2 | 8.1 | 9 | 15.1 | 18.6 | 17.2 | 10 | 11.3 | 22.4 | 22.6 |
| Net Profit Mgn % ⓘ | 2.1 | 0.3 | -0 | 0.3 | 1.9 | 1.4 | 3.3 | -1.2 | 1.6 | 14.3 | 15.4 |
| Debt to Equity ⓘ | 0.7 | 0.5 | 0.4 | 0.3 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0 |
| Working Cap Days ⓘ | 85 | 100 | 119 | 166 | 252 | 404 | 230 | 130 | 201 | 214 | 119 |
| Cash Conv. Cycle ⓘ | 59 | 62 | 83 | 142 | 168 | 158 | 108 | 95 | 157 | 159 | 57 |
Return on Equity has increased versus last 3 years average to 15.90%
Sales growth is growing at healthy rate in last 3 years 12.88%
Net Profit is growing at healthy rate in last 3 years 55.18%
Sales growth is good in last 4 quarters at 18.65%
No data to display
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 1.3 | 7.1 |
| TTM Sales (₹ Cr.) | 566 | 1,225 |
| BVPS (₹.) ⓘ | 35.1 | 46.3 |
| Reserves (₹ Cr.) ⓘ | 910 | 1,208 |
| P/BV ⓘ | 7.04 | 5.34 |
| PE ⓘ | 196.66 | 35.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 246.00 / 338.80 |
| All Time Low / High (₹) | 0.04 / 364.80 |
| Market Cap (₹ Cr.) | 6,589 |
| Equity (₹ Cr.) | 26.7 |
| Face Value (₹) | 1 |
| Industry PE ⓘ | 41.3 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 17.15 | 2.54 | 1.27 | 1.78 | 1.94 | 1.94 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,106 | 2,247 | 2,006 | 1,247 | 775 | 533 | 756 | 1,103 | 974 | 1,087 |
| Operating Expenses ⓘ | 1,859 | 2,041 | 1,846 | 1,135 | 660 | 436 | 628 | 994 | 864 | 844 |
| Manufacturing Costs | 70 | 71 | 64 | 43 | 58 | 52 | 42 | 50 | 64 | 62 |
| Material Costs | 1,735 | 1,918 | 1,736 | 1,037 | 550 | 330 | 527 | 846 | 686 | 698 |
| Employee Cost | 12 | 11 | 12 | 14 | 18 | 17 | 13 | 17 | 23 | 30 |
| Other Costs ⓘ | 42 | 41 | 35 | 42 | 34 | 37 | 46 | 81 | 91 | 55 |
| Operating Profit ⓘ | 247 | 206 | 160 | 111 | 115 | 97 | 127 | 110 | 110 | 243 |
| Operating Profit Margin (%) | 11.7% | 9.2% | 8.0% | 8.9% | 14.9% | 18.3% | 16.8% | 9.9% | 11.3% | 22.3% |
| Other Income ⓘ | 32 | 24 | 18 | 19 | 24 | 28 | 8 | 24 | 16 | 18 |
| Interest ⓘ | 26 | 26 | 23 | 17 | 13 | 21 | 4 | 18 | 28 | 23 |
| Depreciation ⓘ | 166 | 173 | 132 | 87 | 82 | 78 | 64 | 105 | 69 | 66 |
| Exceptional Items ⓘ | 0 | 0 | 0 | -5 | 0 | 0 | -52 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 87 | 31 | 22 | 21 | 45 | 26 | 15 | 10 | 28 | 172 |
| Tax ⓘ | 25 | 12 | 15 | 12 | 16 | 2 | -10 | 10 | 4 | 11 |
| Profit After Tax | 62 | 19 | 8 | 9 | 29 | 24 | 24 | 0 | 24 | 161 |
| PAT Margin (%) | 2.9% | 0.8% | 0.4% | 0.8% | 3.8% | 4.6% | 3.2% | 0.0% | 2.5% | 14.8% |
| Adjusted EPS (₹) | 1.9 | 0.7 | 0.4 | 0.4 | 1.1 | 0.9 | 1.5 | 0.0 | 0.9 | 6.1 |
| Dividend Payout Ratio (%) | 5% | 14% | 25% | 24% | 11% | 11% | 7% | 3,697% | 11% | 2% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 843 | 882 | 889 | 897 | 922 | 944 | 967 | 969 | 972 | 1,137 |
| Share Capital ⓘ | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 27 | 27 |
| Reserves ⓘ | 817 | 855 | 863 | 871 | 896 | 917 | 941 | 942 | 946 | 1,110 |
| Minority Interest | 162 | 163 | 160 | 158 | 159 | 160 | 34 | 34 | 0 | 0 |
| Debt | 475 | 312 | 256 | 156 | 107 | 166 | 197 | 235 | 249 | 196 |
| Long Term Debt | 284 | 195 | 67 | 0 | 0 | 0 | 31 | 30 | 18 | 9 |
| Short Term Debt | 191 | 117 | 189 | 156 | 107 | 166 | 166 | 205 | 231 | 187 |
| Trade Payables | 21 | 190 | 31 | 24 | 6 | 38 | 46 | 112 | 70 | 158 |
| Others Liabilities ⓘ | 153 | 212 | 199 | 153 | 56 | 34 | 23 | 29 | 43 | 54 |
| Total Liabilities ⓘ | 1,654 | 1,758 | 1,535 | 1,389 | 1,251 | 1,342 | 1,268 | 1,378 | 1,334 | 1,546 |
Fixed Assets | ||||||||||
| Gross Block | 1,730 | 1,092 | 1,105 | 1,129 | 1,136 | 1,135 | 2,030 | 2,019 | 1,958 | 2,147 |
| Accumulated Depreciation | 667 | 173 | 304 | 364 | 444 | 518 | 1,115 | 1,199 | 1,267 | 1,332 |
| Net Fixed Assetsⓘ | 1,063 | 919 | 801 | 765 | 692 | 617 | 915 | 820 | 691 | 815 |
| CWIP ⓘ | 0 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 8 | 14 | 15 | 38 | 19 | 13 | 10 | 12 | 13 | 11 |
| Inventories | 62 | 44 | 125 | 117 | 77 | 54 | 102 | 187 | 214 | 126 |
| Trade Receivables | 308 | 593 | 407 | 394 | 161 | 218 | 163 | 275 | 338 | 555 |
| Cash Equivalents | 69 | 76 | 120 | 32 | 24 | 49 | 55 | 49 | 54 | 21 |
| Others Assetsⓘ | 144 | 104 | 67 | 43 | 279 | 391 | 22 | 35 | 24 | 18 |
| Total Assets ⓘ | 1,654 | 1,758 | 1,535 | 1,389 | 1,251 | 1,342 | 1,268 | 1,378 | 1,334 | 1,546 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 220 | 165 | 107 | 142 | 306 | 90 | 145 | -20 | 7 | 225 |
| PBT ⓘ | 87 | 31 | 22 | 26 | 45 | 26 | 15 | 10 | 28 | 172 |
| Adjustment ⓘ | 189 | 198 | 163 | 96 | 95 | 87 | 118 | 117 | 85 | 82 |
| Changes in Working Capital ⓘ | -34 | -55 | -58 | 32 | 184 | -14 | 15 | -142 | -101 | -24 |
| Tax Paid ⓘ | -22 | -10 | -19 | -12 | -18 | -9 | -3 | -6 | -6 | -5 |
| Cash Flow From Investing Activity ⓘ | -80 | 32 | -36 | -29 | -253 | -94 | -166 | -5 | -5 | -156 |
| Capex | -78 | -16 | -7 | -56 | -9 | -1 | -415 | -8 | -7 | -190 |
| Net Investments | -7 | 25 | -31 | 0 | 1 | 10 | -1 | -4 | -13 | 27 |
| Others ⓘ | 5 | 24 | 2 | 27 | -245 | -104 | 249 | 6 | 15 | 7 |
| Cash Flow From Financing Activityⓘ | -263 | -160 | -58 | -177 | -62 | 32 | 25 | 18 | -10 | -77 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -46 | -77 | -106 | -126 | 1 | 0 | 30 | -7 | -11 | -10 |
| Interest Paid ⓘ | -27 | -26 | -23 | -17 | -13 | -21 | -4 | -18 | -28 | -23 |
| Dividend Paid ⓘ | -3 | -8 | 0 | 0 | -3 | -4 | -2 | -3 | -3 | -3 |
| Others ⓘ | -187 | -49 | 72 | -33 | -48 | 57 | 1 | 45 | 33 | -42 |
| Net Cash Flow ⓘ | -123 | 37 | 13 | -64 | -9 | 28 | 4 | -7 | -7 | -8 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 7.68 | 2.21 | 0.86 | 1.05 | 3.24 | 2.61 | 2.55 | 0.02 | 2.51 | 15.29 |
| ROCE (%) | 7.65 | 4.23 | 3.53 | 3.21 | 5.39 | 4.46 | 1.64 | 2.38 | 4.67 | 15.16 |
| Asset Turnover Ratio | 1.24 | 1.35 | 1.25 | 0.86 | 0.59 | 0.41 | 0.58 | 0.83 | 0.72 | 0.75 |
| PAT to CFO Conversion(x) | 3.55 | 8.68 | 13.38 | 15.78 | 10.55 | 3.75 | 6.04 | N/A | 0.29 | 1.4 | Working Capital Days |
| Receivable Days | 53 | 71 | 89 | 116 | 131 | 130 | 92 | 73 | 115 | 150 |
| Inventory Days | 10 | 8 | 15 | 35 | 46 | 45 | 38 | 48 | 75 | 57 |
| Payable Days | 5 | 20 | 23 | 10 | 10 | 25 | 29 | 34 | 48 | 60 |
Responsive Industries, established in the year 1996, has come a long way and has firmly rooted itself as one of the most sought after manufacturer, exporter and supplier of PVC polymer based products like PVC floorings & printed tiles.
In their short span of time the company has been able to make superior quality designer floorings & printed tiles under the able guidance of its mentor Abhishek Agarwal.
The company abides by futuristic plant, world class manufacturing techniques and good quality raw materials in producing durable and high standard of products that cater to several PVC flooring industries.
It also have an efficient research wing near Mumbai that gears the overall production process. It prompt services have made the company expand its market in all over the world and have also added some of the outstanding business names in its client list like Reliance Group, Indian Railways, Birla Group and many more.
Its manufacturing unit spread in an area of 1500 sq. feet is equipped with advanced machinery and sound technologies that help in manufacturing value based products in bulk. It also has a fully developed in-house design unit that helps us in producing both traditional as well as contemporary designed products to meet the varied tastes of its clients. In addition to this there are other departments involved in the proper development of the products.
Products range of the company includes:
The company offers :
Achievements/ recognition:
An ISO accredited organization, it is solely governed by maintaining quality standards in the manufacture of all their products. They are ISO 9001-2000 and ISO 14001-2004 certified.
2010
Annual Reports Competition Vision Awards 2009-10 by LACP
Certificate of Excellence Nov 2010 By Inc. 500
2011
Emerging Company of the Year 2011 by Economic Developement Forum
Certificate of Excellence by Inc. 500, 2011
Emerging Company of the year for 2011 by Economic Development Forum
2012
Global Achievers Award for Young Entrepreneur 2012
Certificate of Excellence by Inc. 500 2012
Global Achiever’s Awards for young Entrepreneur 2012 by Economic Development Forum
2013
Global Achievers Certificate for Business Leadership 2013
Global Achievers Award for Business Leadership 2013
Design Omics Awards 2013
Certificate of Excellence by Inc.500 India 2013
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