Responsive Industries Ltd
About
Responsive Industries Limited is one of India’s leading manufacturers of Polyvinyl Chloride (PVC) products. The company operates across three verticals: vinyl flooring, synthetic leather and luxury vinyl tile (LVT). The flooring segment offers customised solutions for residential, manufacturing and sport-recreation facilities. The company's synthetic leather is used across the automotive, upholstery and footwear industries with 50+ embosses and 5 major application segments. The multipurpose LVT product line is targeted at premium users. Responsive Industries has five subsidiary companies located across UAE, Hong Kong and the USA. Supported by a 100 acre manufacturing facility in Thane, the company has 15 manufacturing lines producing over 5000 SKUs.
Featured In Fortune India Ranking
Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1085 0.9% | 1075 -10.9% | 1206 50.9% | 799 43.0% | 559 -28.7% | 784 -39.0% | 1284 -36.8% | 2032 -10.6% | 2272 6.4% | 2136 -16.0% | 2543 15.8% | 2197 29.9% | 1690 41.9% | 1192 41.1% | 845 27.8% | 661 - |
| Net Operating Income (INR Cr) | 1087 11.64% | 974 -11.76% | 1103 46.01% | 756 41.75% | 533 -31.21% | 775 -37.84% | 1247 -37.91% | 2008 -10.72% | 2249 6.78% | 2106 -16.26% | 2515 15.05% | 2186 29.83% | 1684 41.67% | 1189 41.63% | 839 29.09% | 650 59.67% |
| Profit (INR Cr) | 161 561.2% | 24 - | 0 -99.8% | 40 66.8% | 24 -15.8% | 29 166.5% | 11 0.8% | 11 -41.4% | 18 -63.0% | 49 -32.1% | 73 -10.4% | 81 -22.1% | 104 14.7% | 91 44.8% | 63 35.2% | 46 - |
| Assets (INR Cr) | 1358 9.7% | 1238 -0.5% | 1244 3.3% | 1204 -5.5% | 1274 6.7% | 1194 -6.9% | 1282 -10.6% | 1435 -2.2% | 1467 -5.8% | 1557 -9.2% | 1715 20.8% | 1420 5.8% | 1342 63.5% | 821 16.5% | 704 127.0% | 310 - |
| Net Worth (INR Cr) | 1137 16.9% | 972 0.4% | 969 0.1% | 967 2.5% | 944 2.3% | 922 2.8% | 897 0.9% | 889 0.9% | 882 4.6% | 843 10.2% | 765 21.1% | 631 14.9% | 549 22.5% | 449 45.3% | 309 80.7% | 171 43.9% |
| Employee Cost (INR Cr) | 30 29.2% | 23 38.3% | 17 29.1% | 13 -23.9% | 17 -5.8% | 18 29.1% | 14 13.9% | 12 4.5% | 12 -6.1% | 12 16.9% | 11 -4.5% | 11 1.2% | 11 15.8% | 10 29.1% | 7 -3.5% | 8 - |
| Interest Cost (INR Cr) | 23 | 28 | 18 | 4 | 21 | 13 | 17 | 23 | 26 | 26 | 31 | 31 | 12 | 11 | 10 | 2 |
| Cash & Bank Balance (INR Cr) | 21 | 54 | 49 | 55 | 49 | 24 | 32 | 120 | 76 | 69 | 184 | 28 | 50 | 21 | 36 | 35 |
| Total Debt (INR Cr) | 215 | 260 | 236 | 198 | 167 | 109 | 223 | 382 | 420 | 550 | 799 | 753 | 764 | 350 | 382 | 127 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 14.9% | 2.3% | 0.0% | 5.1% | 4.3% | 3.7% | 0.8% | 0.5% | 0.8% | 2.3% | 2.9% | 3.7% | 6.2% | 7.6% | 7.4% | 7.0% |
| Profit As % Of Assets | 11.9% | 2.0% | 0.0% | 3.4% | 1.9% | 2.4% | 0.8% | 0.7% | 1.2% | 3.2% | 4.2% | 5.7% | 7.8% | 11.0% | 8.9% | 14.9% |
| Profit As % Of Networth | 14.2% | 2.5% | 0.0% | 4.2% | 2.6% | 3.1% | 1.2% | 1.2% | 2.1% | 5.9% | 9.5% | 12.8% | 18.9% | 20.2% | 20.3% | 27.1% |
| Interest Cost to EBITDA % | 9.4% | 25.9% | 16.3% | 5.1% | 21.8% | 11.2% | 16.2% | 14.5% | 12.5% | 10.7% | 12.1% | 12.5% | 5.7% | 5.8% | 7.4% | 2.7% |
| Debt to Equity Ratio | 0.19 | 0.27 | 0.24 | 0.20 | 0.18 | 0.12 | 0.25 | 0.43 | 0.48 | 0.65 | 1.05 | 1.19 | 1.39 | 0.78 | 1.24 | 0.75 |
| RONW | 15.3% | 2.5% | 0.0% | 6.8% | 2.6% | 3.2% | 1.4% | 0.9% | 2.2% | 7.7% | 10.2% | 14.0% | 21.2% | 24.8% | 26.5% | 32.4% |
| ROCE | 15.0% | 4.7% | 2.2% | 6.1% | 4.5% | 5.4% | 3.7% | 3.5% | 4.2% | 7.6% | 8.6% | 10.1% | 13.1% | 18.4% | 19.9% | 24.0% |