Responsive Industries Limited (RESPONIND) AI Stock Analysis

• Market Cap: ₹52.51B
• Dividend Yield: 0.05%
• Average Volume (3M): 4.37K
• Price to Earnings (P/E): 26.2
• Beta (1Y): 1.16
• Revenue Growth: 25.62%
• EPS Growth: 10.55%
• Country: IN
• Employees: 304
• Sector: Consumer Cyclical
• Sector Strength: 75
• Industry: Chemicals - Specialty
• EPS (TTM): 1.87
• Shares Outstanding: 266,608,550
• 10 Day Avg. Volume: 2,648
• 30 Day Avg. Volume: 4,371
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹246.00
• Price Target Upside: 22.42% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: ₹246.00 ▲(22.42% Upside)

Responsive Industries Limited's stock is assessed at 68, driven by strong financial performance, despite cash flow challenges. Technical indicators suggest mixed momentum, while a high P/E ratio offsets the attractively high dividend yield. The exclusion of earnings call and corporate events data limits further analysis.

Positive Factors

Revenue Growth

Strong revenue growth indicates increasing demand for the company's products and effective market penetration, supporting long-term expansion.

Profitability

Improved gross profit margins reflect better cost management and pricing power, contributing to sustainable profitability.

Financial Stability

A strong equity base and prudent leverage management enhance financial stability, providing resilience against economic fluctuations.

Negative Factors

Cash Flow Challenges

Significant decline in operating cash flow suggests potential liquidity issues, which could impact the company's ability to fund operations and growth.

EBITDA Margin Decline

A decrease in EBITDA margin indicates operational efficiency challenges, which may hinder profitability if not addressed.

Free Cash Flow Decline

Declining free cash flow impacts liquidity and limits the company's ability to invest in growth opportunities or return capital to shareholders.

Responsive Industries Limited Business Overview & Revenue Model

Company Description

Responsive Industries Limited (RESPONIND) is a leading manufacturer in the vinyl flooring and synthetic leather sectors. The company specializes in producing a wide range of polyvinyl chloride (PVC) based products, which are used in various applications across different industries, including automotive, healthcare, hospitality, and sports. With a strong focus on innovation and quality, Responsive Industries has established itself as a key player in providing durable and sustainable flooring solutions globally.

How the Company Makes Money

Responsive Industries Limited generates revenue primarily through the production and sale of its vinyl flooring and synthetic leather products. The company's key revenue streams include domestic sales within India and exports to international markets, where its products are utilized in various sectors such as automotive interiors, healthcare facilities, and hospitality environments. Additionally, Responsive Industries benefits from strategic partnerships with distributors and retailers, which help expand its market reach. The company's emphasis on R&D and sustainable product offerings also contribute to its competitive edge and market demand, thereby enhancing its earnings potential.

Responsive Industries Limited Financial Statement Overview

Summary

Responsive Industries Limited demonstrates strong growth and profitability, supported by a solid equity base and prudent leverage. However, cash flow challenges present potential risks. Continued focus on operational efficiency and cash management will be crucial for sustaining growth and financial health.

Income Statement

Responsive Industries Limited has shown strong revenue growth with a notable increase from 2024 to 2025. The gross profit margin improved from 30.1% in 2024 to 32.3% in 2025, indicating enhanced cost management. The net profit margin also increased, rising from 14.8% to 14.0%, showing improved profitability. However, the EBITDA margin slightly decreased from 23.9% to 20.8%, suggesting some efficiency challenges in operations. Overall, the income statement reflects robust growth and solid profitability.

Balance Sheet

The company maintains a strong equity base with an equity ratio of 77.4% in 2025, indicating financial stability. The debt-to-equity ratio is relatively low at 19.0%, showing prudent leverage management. Return on equity improved to 14.8% in 2025, suggesting better utilization of equity. The balance sheet is strong, but the increase in total debt warrants monitoring for future leverage levels.

Cash Flow

Operating cash flow decreased significantly from 2,250 million in 2024 to 754 million in 2025, indicating potential cash flow management issues. Free cash flow also declined, affecting liquidity. The free cash flow to net income ratio remains low, suggesting room for improvement in cash generation relative to net earnings. Despite these weaknesses, the company has managed capital expenditures effectively, ensuring positive free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.18B	14.18B	10.87B	9.74B	10.99B	7.50B
Gross Profit	4.09B	4.59B	3.27B	2.88B	2.03B	1.81B
EBITDA	3.02B	2.95B	2.60B	1.16B	1.33B	1.29B
Net Income	1.99B	1.99B	1.61B	243.93M	710.00K	403.28M
Balance Sheet
Total Assets	17.38B	17.38B	15.46B	14.01B	13.78B	12.68B
Cash, Cash Equivalents and Short-Term Investments	282.25M	282.25M	272.60M	681.25M	420.77M	486.82M
Total Debt	2.56B	2.56B	2.15B	2.57B	2.36B	2.00B
Total Liabilities	3.92B	3.92B	4.09B	3.62B	3.75B	2.66B
Stockholders Equity	13.45B	13.45B	11.37B	10.03B	9.69B	9.67B
Cash Flow
Free Cash Flow	0.00	231.32M	350.09M	132.40M	-343.61M	-2.71B
Operating Cash Flow	0.00	754.09M	2.25B	210.82M	-200.03M	1.45B
Investing Cash Flow	0.00	-1.02B	-1.56B	-47.15M	-52.74M	-1.66B
Financing Cash Flow	0.00	182.11M	-771.40M	-95.52M	178.98M	253.73M

Responsive Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 200.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RESPONIND, the sentiment is Negative. The current price of 200.95 is above the 20-day moving average (MA) of 198.43, below the 50-day MA of 217.34, and below the 200-day MA of 219.28, indicating a bearish trend. The MACD of -5.18 indicates Negative momentum. The RSI at 43.43 is Neutral, neither overbought nor oversold. The STOCH value of 45.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RESPONIND.

Responsive Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RESPONIND	68 Neutral	₹52.51B	26.21		0.05%	25.62%	10.55%
Sector *	61 Neutral	$18.09B	12.97	-1.60%	2.98%	1.42%	-15.92%
GOENKA	―	₹294.81M	―		―	―	―
MAYURUNIQ	73 Outperform	₹22.49B	14.90		0.97%	8.29%	19.13%
KKCL	67 Neutral	₹32.93B	21.69		0.38%	30.23%	4.59%
KDDL	66 Neutral	₹29.19B	30.09		0.21%	23.50%	5.01%
RUPA	62 Neutral	₹16.32B	20.85		1.45%	-1.50%	2.97%