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Responsive Industries Limited
(RESPONIND)
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Rating:55Neutral
Price Target:
₹159.00
▼(-19.72% Downside)
Action:Reiterated
Date:07/21/26
The score is primarily constrained by weakening financial performance, led by the sharp deterioration in operating/free cash flow and margin compression despite a solid, low-leverage balance sheet. Technicals are neutral-to-slightly constructive over the medium term but soft near term, while valuation is mixed with a strong dividend yield offset by a negative P/E.
Positive Factors
Conservative leverage
Low leverage and an expanding equity base provide financial resilience, reducing dependence on external funding and preserving flexibility for investment. This balance-sheet strength can help Responsive Industries withstand weaker operating periods while continuing to support its flooring business and capital needs.
Negative Factors
Sharp cash-flow deterioration
The latest collapse in operating and free cash flow weakens cash conversion and may constrain internally funded growth. Operating cash flow was only about 10% of net income, indicating that reported profits are not currently translating into cash at a level that supports strong financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Low leverage and an expanding equity base provide financial resilience, reducing dependence on external funding and preserving flexibility for investment. This balance-sheet strength can help Responsive Industries withstand weaker operating periods while continuing to support its flooring business and capital needs.
Read all positive factors
Responsive Industries Limited (RESPONIND) vs. iShares MSCI India ETF (INDA)
Market Cap
₹41.42B
Dividend Yield0.07%
Average Volume (3M)34.11K
Price to Earnings (P/E)40.0
Beta (1Y)1.45
Revenue Growth-13.12%
EPS Growth-49.44%
CountryIN
Employees304
SectorGeneral
Sector StrengthN/A
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)5.57
Shares Outstanding266,608,550
10 Day Avg. Volume84,428
30 Day Avg. Volume34,110
Financial Highlights & Ratios
PEG Ratio-0.90
Price to Book (P/B)2.17
Price to Sales (P/S)2.43
P/FCF Ratio16.11K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Responsive Industries Limited Business Overview & Revenue Model
Company Description
Responsive Industries Limited is an Indian company specializing in the production and distribution of polyvinyl chloride (PVC) based materials, catering to both commercial and household applications within India and abroad. Their diverse product p...
How the Company Makes Money
Responsive Industries primarily makes money by manufacturing and selling PVC/vinyl flooring products. Revenue is generated from (1) product sales in India through distributors/dealers and direct institutional/commercial customers, and (2) export s...
Responsive Industries Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
78
Positive
Cash Flow
34
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 13.94B | 14.18B | 10.87B | 9.74B | 10.99B |
| Gross Profit | 2.98B | 4.59B | 3.27B | 2.88B | 2.03B |
| EBITDA | 2.51B | 2.95B | 2.58B | 1.16B | 1.33B |
| Net Income | 1.48B | 1.99B | 1.61B | 243.93M | 710.00K |
Balance Sheet | |||||
| Total Assets | 18.53B | 17.38B | 15.46B | 14.01B | 13.78B |
| Cash, Cash Equivalents and Short-Term Investments | 193.10M | 282.25M | 322.29M | 681.25M | 420.77M |
| Total Debt | 1.95B | 2.56B | 2.15B | 2.60B | 2.36B |
| Total Liabilities | 2.95B | 3.92B | 4.09B | 3.62B | 3.75B |
| Stockholders Equity | 15.59B | 13.45B | 11.37B | 9.72B | 9.69B |
Cash Flow | |||||
| Free Cash Flow | 2.10M | 231.32M | 350.09M | 132.40M | -343.61M |
| Operating Cash Flow | 172.63M | 754.09M | 2.25B | 210.82M | -200.03M |
| Investing Cash Flow | 476.31M | -1.02B | -1.56B | -47.15M | -52.74M |
| Financing Cash Flow | -624.91M | 182.11M | -771.40M | -95.52M | 178.98M |
Responsive Industries Limited Technical Analysis
Negative
198.05
Price Trends
174.49
Negative
173.34
Negative
176.81
Negative
Market Momentum
-6.20
Negative
35.19
Neutral
24.30
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 198.05 is above the 20-day moving average (MA) of 156.50, above the 50-day MA of 174.49, and above the 200-day MA of 176.81, indicating a bearish trend. The MACD of -6.20 indicates Negative momentum. The RSI at 35.19 is Neutral, neither overbought nor oversold. The STOCH value of 24.30 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
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ₹32.96B | 20.39 | ― | 1.27% | 11.17% | 175.90% | |
69 Neutral | ₹59.98B | 43.08 | ― | 0.23% | 91.44% | 19.67% | |
65 Neutral | ₹4.87B | 11.42 | ― | 1.55% | 5.48% | 35.53% | |
57 Neutral | ₹25.53B | 16.94 | ― | 0.11% | 19.47% | 11.49% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹41.42B | 40.00 | ― | 0.07% | -13.12% | -49.44% | |
47 Neutral | ₹29.52B | -2.98 | ― | 0.85% | -58.49% | -4442.37% |
* General Sector Average
IN:RESPONIND
Responsive Industries Limited
148.50
-47.69
-24.31%
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IN:FCL
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56.66
33.27
142.23%
IN:JINDALPOLY
Jindal Poly Films Limited
696.60
115.42
19.86%
IN:PLASTIBLEN
Plastiblends India Limited
193.35
-1.47
-0.75%
IN:ROSSARI
Rossari Biotech Ltd
458.05
-157.20
-25.55%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.