MarketFriction

Responsive Industries Ltd

NSE RESPONIND · BSE 505509 · Furniture, Home Furnishing
₹162.59 -1.69%
NSE close2026-10-01
52 week range117.25 - 240.90
Market cap₹4,472 Cr.
P/E43.9
Microcap 250 Price band 20% Delivery 49.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales268.35267.27288.19319.90349.52367.82380.66338.71313.75311.32430.34192.87
Expenses207.22200.82221.46248.63277.01295.47301.77266.14237.15265.10383.97169.56
Operating Profit61.1366.4566.7371.2772.5172.3578.8972.5776.6046.2246.3723.31
OPM %22.78%24.86%23.15%22.28%20.75%19.67%20.72%21.43%24.41%14.85%10.78%12.09%
Other Income5.461.489.012.012.242.661.502.152.991.632.772.04
Interest7.955.315.065.325.136.636.885.327.045.677.694.00
Depreciation15.4815.5020.8317.1717.5117.6717.3317.7717.9017.9217.6117.71
Profit before tax43.1647.1249.8550.7952.1150.7156.1851.6354.6524.2623.843.64
Tax %5.77%5.11%7.98%4.73%5.43%7.39%3.42%3.41%2.53%7.34%4.28%24.73%
Net Profit40.6744.7145.8748.3849.2846.9554.2549.8753.2622.4822.822.74
EPS in Rs1.521.681.721.811.851.762.031.872.000.840.860.10
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,2472,0061,2477755337561,1039741,0871,4181,3941,248
Expenses2,0411,8461,1356594366289948638431,1231,1521,056
Operating Profit20616011211698128110110244295242192
OPM %9%8%9%15%18%17%10%11%22%21%17%15%
Other Income2418132428-442416188109
Interest26231713214182823242624
Depreciation173132878278641056966707171
Profit before tax3122214526151028172210154106
Tax %39%66%56%35%8%-64%98%14%6%5%4%
Net Profit1989292424024161199148101
EPS in Rs0.680.400.401.080.911.510.000.916.057.465.573.80
Dividend Payout %14%25%24%11%11%7%3,750%11%2%1%2%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-5%13%13%-13%
Compounded Profit Growth23%13%82%-49%
Stock Price CAGR9%7%-22%-6%
Return on Equity7%9%14%10%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital262626262626262627272727
Reserves8178558638718969179419429461,1101,3191,532
Borrowings550420382223109167198236260215256195
Other Liabilities261402263268220232102174102194136100
Total Liabilities1,6541,7031,5351,3891,2511,3421,2681,3781,3341,5461,7381,853
Fixed Assets1,063919801765692617915820691815797740
CWIP070000000000
Investments81415381913101213117176
Other Assets5837637185865407123435466307208701,038
Total Assets1,6541,7031,5351,3891,2511,3421,2681,3781,3341,5461,7381,853
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity22016410714230690145-2072257540
Cash from Investing Activity-8032-36-29-253-94-166-5-5-156-10249
Cash from Financing Activity-263-160-58-177-62322518-10-7718-87
Net Cash Flow-1233713-64-9284-7-7-8-92
Free Cash Flow142168971093289-269-280352425
CFO/OP98%84%79%138%280%101%116%-13%12%94%29%19%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days539674115761507991127186150194
Inventory Days138264151597181114667376
Days Payable43669442324837833721
Cash Conversion Cycle626894148123167118124204169186249
Working Capital Days293733725152295592108153221
ROCE %7%4%3%3%5%4%6%2%5%15%16%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.50%59.50%59.14%59.14%59.14%59.14%59.14%59.14%59.14%59.14%59.14%59.14%
FIIs35.45%35.12%35.08%35.12%34.77%32.48%31.62%31.41%30.60%31.23%32.20%7.48%
DIIs3.56%3.57%3.59%3.59%3.56%3.51%3.52%3.35%3.30%3.28%3.22%3.22%
Public1.50%1.80%2.20%2.16%2.52%4.87%5.74%6.11%6.96%6.35%5.44%30.15%
No. of Shareholders10,23712,78114,27714,97416,56618,64318,02817,85917,62517,10616,31615,773

Fundamentals

Market Cap₹ 4,472 Cr.
Current Price₹ 168
Stock P/E43.9
Book Value₹ 58.5
ROCE10.8 %
ROE10.3 %
Dividend Yield0.06 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-13%
Compounded Profit Growth (TTM)-49%
Consolidated figures.
Valuation
Market capRs 4,335 Cr
Enterprise valueRs 4,520 Cr
P/E (TTM)42.79x
Price to book2.78x
Price to sales3.47x
EV / EBITDA22.38x
EV / EBIT34.56x
EV / sales3.62x
Price to cash flow109.41x
Earnings yield2.34%
Dividend yield0.06%
P/E, 3-year average31.37x
P/B, 3-year average4.15x
P/E, 5-year average13683.84x
P/B, 5-year average4.14x
Profitability
Operating margin (excl. other income)17.34%
Operating margin (incl. other income)18.03%
EBITDA margin16.18%
Pre-tax margin8.52%
Net profit margin8.12%
Net margin, latest quarter1.42%
ROE10.22%
ROCE10.73%
ROA8.27%
ROE, 3-year average13.84%
ROCE, 3-year average13.89%
ROA, 3-year average10.52%
ROE, 5-year average8.81%
ROCE, 5-year average9.74%
ROA, 5-year average6.68%
ROIC (approx.)7.21%
Tax rate3.85%
Other income / net worth0.61%
Growth
Sales growth (latest year)-1.68%
Profit growth (latest year)-25.36%
Sales CAGR, 3 years12.71%
Sales CAGR, 5 years13.03%
Profit CAGR, 3 years82.57%
Profit CAGR, 5 years29.77%
Sales growth QoQ-55.18%
Profit growth QoQ-87.99%
Sales growth YoY (latest quarter)-43.06%
Profit growth YoY (latest quarter)-94.51%
Per share
EPS (TTM)Rs 3.80
EPS (latest year)Rs 5.57
EPS (latest quarter)Rs 0.10
EPS, 3-year averageRs 6.36
EPS, 5-year averageRs 4.00
Book value per shareRs 58.47
Sales per shareRs 46.82
Cash flow per shareRs 1.49
Free cash flow per shareRs 0.94
Dividend per share (latest year)Rs 0.10
Dividend per share, 3-year averageRs 0.10
Dividend per share, 5-year averageRs 0.10
Dividends
Dividend payout1.80%
Dividend payout, 3-year average1.60%
Dividend payout, 5-year average751.72%
Efficiency
Asset turnover0.75x
Fixed asset turnover1.88x
Inventory turnover5.16x
Inventory days71 days
Debtor days194 days
Debtors turnover1.88x
Creditor days21 days
Cash conversion cycle249 days
Working capital days221 days
Leverage
Total debtRs 195 Cr
Cash and bankRs 10 Cr
Net debtRs 185 Cr
Debt to equity0.13x
Net debt / EBITDA0.92x
Interest coverage5.36x
Current ratio (filing 2026-03-31)6.16x
Quick ratio (filing 2026-03-31)4.93x
Trade payables (filing 2026-03-31)Rs 57 Cr
Owners' fund to total sources84.11%
Debt to assets10.52%
Cash flow
Cash from Operating Activity (latest year)Rs 40 Cr
Cash from Investing Activity (latest year)Rs 49 Cr
Cash from Financing Activity (latest year)Rs -87 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 25 Cr
FCFE (approx.: FCF + change in debt)Rs -36 Cr
Cash from ops / profit, 5 years0.61x
Sales to cash flow35.19x
Statement figures
Net sales (TTM)Rs 1,248 Cr
Net sales (latest year)Rs 1,394 Cr
Sales (latest quarter)Rs 193 Cr
Operating profit excl. other income (latest year)Rs 242 Cr
Operating profit (latest quarter)Rs 23 Cr
Other income (TTM)Rs 9 Cr
EBITDA (TTM)Rs 202 Cr
PBDT (TTM)Rs 178 Cr
Profit before tax (TTM)Rs 106 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 101 Cr
Net profit (latest year)Rs 148 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 71 Cr
Depreciation (latest quarter)Rs 18 Cr
Interest (TTM)Rs 24 Cr
Cost of goods sold (latest year)Rs 1,063 Cr
Total expenditure (latest year)Rs 1,152 Cr
Total income (latest year)Rs 1,404 Cr
Share capitalRs 27 Cr
ReservesRs 1,532 Cr
Shareholders' fundsRs 1,559 Cr
Total assetsRs 1,853 Cr
Net blockRs 740 Cr
InvestmentsRs 76 Cr
ReceivablesRs 742 Cr
InventoryRs 206 Cr
Other liabilitiesRs 100 Cr
Shares outstanding (crore)26.66
Ownership
Promoter holding59.14% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 42.8 is at the 22th percentile of its own 8.4-year range (median 94.8, low 18.8, high 383.8).
P/B 2.78 is at the 35th percentile (median 3.45).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodRESPONINDNifty 50Difference
1 week+2.9%-2.8% +5.7 pts
1 month+8.3%-6.8% +15.1 pts
3 months-23.6%-7.6% -16.0 pts
6 months+28.0%+0.4% +27.6 pts
1 year-18.0%-9.9% -8.0 pts
2 years-42.4%-13.6% -28.8 pts
3 years-53.7%+14.2% -67.9 pts
5 years+32.8%+27.9% +4.9 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 4 of 8
explainReceivables outrunning sales Receivables grew 27% vs sales -2% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹193 Cr -43.1% vs Jun 2025. Net profit ₹3 Cr -94.5%.
Against our estimate for Jun 2026: sales -42.4%, profit -92.5% big miss. Our estimate for Sep 2026: sales Rs 267 Cr, profit Rs 17 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-14Dividend - Re 0.10 Per Share
2025-09-12Dividend - Rs 0.10 Per Share
2024-09-06Dividend - Re 0.10 Per Share
2024-09-06Annual General Meeting
2023-09-08Annual General Meeting/Dividend - Re 0.10 Per Share
2023-03-03Extra Ordinary General Meeting
2022-09-21Annual General Meeting/Dividend - Rs 0.10 Per Share
2021-09-22 Annual General Meeting/ Dividend Rs 0.10 Per Share
2020-12-16 Annual General Meeting/Dividend - Rs 0.07 Per Share
2019-11-21 Interim Dividend - Rs 0.03 Per Share
2019-09-19 Annual General Meeting/Dividend - Rs 0.12 Per Share
2018-05-31 Annual General Meeting / Dividend- Re 0.10 Per Share
2017-09-21 Annual General Meeting/Dividend - Re 0.10 Per Share
2016-09-01 Annual General Meeting
2016-03-17 Interim Dividend - Re 0.10/- Per Share (Purpose Revised)
2015-09-15Annual General Meeting/Dividend - Re 0.10/- Per Share
2014-08-01Annual General Meeting/Dividend Re.0.10/- Per Share
2013-08-01Annual General Meeting / Dividend - Re 0.10/- Per Share
2012-07-30Annual General Meeting And Dividend - Re.0.10 Per Share
2011-06-14Annual General Meeting And Dividend Re.0.10 Per Share
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 months

Quick answers

What is the market cap of Responsive Industries Ltd?

Responsive Industries Ltd (RESPONIND) has a market capitalisation of Rs 4,472 Cr. at the 2026-10-01 close.

What is the P/E ratio of Responsive Industries Ltd?

Responsive Industries Ltd trades at a P/E of 43.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Responsive Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Responsive Industries Ltd sales was Rs 193 Cr (-43.1% vs Jun 2025) and net profit was Rs 3 Cr.

What is the 52-week high and low of Responsive Industries Ltd?

The 52-week high is Rs 240.90 and the 52-week low is Rs 117.25.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03