Responsive Industries (RESPONIND)₹136.18−2.89%Furniture, Home Furnishing
In the Sep 2026 quarter (consolidated), Responsive Industries reported sales of ₹205 Cr, down 34.7% from Sep 2025, and net profit of ₹6.51 Cr, down 87.8% year on year. For the year to Mar 2026, sales were ₹1,398 Cr and net profit ₹148 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 268 | 289 | 321 | 350 | 369 | 381 | 340 | 314 | 312 | 432 | 193 | 205 |
| Expenses | 201 | 222 | 249 | 278 | 296 | 303 | 267 | 238 | 266 | 385 | 170 | 176 |
| Operating Profit | 66.38 | 66.71 | 71.21 | 72.41 | 72.25 | 78.84 | 72.56 | 76.58 | 46.19 | 46.35 | 23.30 | 29.60 |
| OPM % | 24.9% | 23.3% | 22.3% | 20.8% | 19.7% | 20.8% | 21.5% | 24.5% | 15.0% | 10.9% | 12.2% | 14.5% |
| Other Income | 1.49 | 9.02 | 2.02 | 2.25 | 2.67 | 1.51 | 2.16 | 3.00 | 1.64 | 2.78 | 2.05 | 0.91 |
| Interest | 5.32 | 5.07 | 5.33 | 5.14 | 6.64 | 6.89 | 5.33 | 7.05 | 5.68 | 7.70 | 4.01 | 4.23 |
| Depreciation | 15.49 | 20.84 | 17.18 | 17.50 | 17.66 | 17.34 | 17.76 | 17.89 | 17.91 | 17.62 | 17.70 | 17.91 |
| Profit before tax | 47.07 | 49.79 | 50.69 | 52.06 | 50.63 | 56.04 | 51.50 | 54.60 | 24.23 | 23.82 | 3.63 | 8.38 |
| Tax % | 5.1% | 8.0% | 4.8% | 5.5% | 7.4% | 3.5% | 3.4% | 2.6% | 7.4% | 4.3% | 24.8% | 22.7% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 44.80 | 45.99 | 48.51 | 49.38 | 47.08 | 54.40 | 49.99 | 53.36 | 22.54 | 22.89 | 2.75 | 6.51 |
| EPS (Rs) | 1.67 | 1.73 | 1.80 | 1.84 | 1.75 | 2.02 | 1.86 | 1.99 | 0.83 | 0.85 | 0.09 | 0.23 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,251 | 2,009 | 1,250 | 777 | 534 | 758 | 1,105 | 976 | 1,090 | 1,421 | 1,398 | 1,142 |
| Expenses | 2,048 | 1,853 | 1,139 | 661 | 437 | 630 | 997 | 865 | 845 | 1,126 | 1,156 | 997 |
| Operating Profit | 206 | 160 | 112 | 116 | 97.99 | 128 | 110 | 110 | 244 | 295 | 242 | 145 |
| OPM % | 9.1% | 8.1% | 9.1% | 15.1% | 18.1% | 17.1% | 10.1% | 11.1% | 22.1% | 21.1% | 17.1% | 12.7% |
| Other Income | 24.05 | 18.04 | 13.02 | 24.03 | 28.03 | −44.09 | 24.03 | 16.02 | 18.01 | 8.02 | 10.01 | 7.38 |
| Interest | 26.04 | 23.02 | 17.03 | 13.01 | 21.03 | 4.01 | 18.02 | 28.05 | 23.04 | 24.02 | 26.03 | 21.62 |
| Depreciation | 173 | 132 | 87.02 | 82.04 | 78.01 | 63.98 | 105 | 69.04 | 66.01 | 70.01 | 71.05 | 71.14 |
| Profit before tax | 30.95 | 21.97 | 20.96 | 44.96 | 25.94 | 14.98 | 9.98 | 27.96 | 172 | 209 | 154 | 60.06 |
| Tax % | 39.1% | 66.1% | 56.1% | 35.1% | 8.1% | −63.9% | 98.1% | 14.1% | 6.0% | 5.0% | 4.0% | — |
| Exceptional items | 0.00 | 0.00 | −3.01 | 0.00 | 0.99 | −40.03 | 0.00 | 0.00 | −0.99 | 0.00 | −1.01 | 0.00 |
| Net Profit | 19.05 | 8.02 | 9.02 | 29.07 | 24.05 | 24.07 | 0.00 | 24.04 | 161 | 200 | 148 | 54.69 |
| EPS (Rs) | 0.67 | 0.41 | 0.39 | 1.07 | 0.90 | 1.50 | 0.00 | 0.90 | 6.06 | 7.45 | 5.56 | 2.00 |
| Dividend payout % | 14.0% | 25.0% | 24.0% | 11.0% | 11.0% | 7.0% | 3,750.0% | 11.0% | 2.0% | 1.0% | 2.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 26.03 | 25.98 | 26.01 | 26.00 | 26.07 | 26.06 | 26.07 | 26.00 | 27.02 | 27.05 | 27.05 | 27.04 |
| Reserves | 815 | 853 | 860 | 869 | 894 | 915 | 938 | 939 | 943 | 1,107 | 1,316 | 1,528 |
| Borrowings | 549 | 419 | 381 | 222 | 109 | 167 | 198 | 235 | 259 | 215 | 255 | 195 |
| Other Liabilities | 260 | 400 | 262 | 267 | 219 | 231 | 102 | 173 | 102 | 193 | 135 | 99.52 |
| Total Liabilities | 1,649 | 1,698 | 1,530 | 1,385 | 1,248 | 1,338 | 1,265 | 1,374 | 1,330 | 1,541 | 1,733 | 1,848 |
| Fixed Assets | 1,059 | 915 | 798 | 762 | 689 | 615 | 912 | 817 | 689 | 812 | 794 | 738 |
| CWIP | 0.00 | 6.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 8.01 | 14.01 | 15.02 | 38.02 | 19.02 | 13.02 | 10.01 | 12.01 | 13.01 | 11.01 | 71.08 | 76.12 |
| Other Assets | 582 | 761 | 716 | 585 | 539 | 710 | 342 | 545 | 628 | 719 | 868 | 1,035 |
| Inventories | 61.90 | 43.96 | 125 | 117 | 76.87 | 53.97 | 102 | 187 | 214 | 126 | 191 | 206 |
| Trade receivables | 309 | 595 | 408 | 394 | 161 | 218 | 163 | 276 | 338 | 556 | 584 | 743 |
| Cash & equivalents | 68.88 | 75.76 | 120 | 31.90 | 23.93 | 48.88 | 54.84 | 48.89 | 53.90 | 20.95 | 7.98 | 9.98 |
| Total Assets | 1,649 | 1,698 | 1,530 | 1,385 | 1,248 | 1,338 | 1,265 | 1,374 | 1,330 | 1,541 | 1,733 | 1,848 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 221 | 165 | 107 | 143 | 307 | 90.30 | 145 | −20.07 | 7.02 | 226 | 75.33 | 40.12 |
| Cash from investing activity | −80.18 | 32.11 | −36.12 | −29.09 | −254 | −94.34 | −166 | −5.02 | −5.01 | −157 | −102 | 49.14 |
| Cash from financing activity | −262 | −159 | −57.86 | −177 | −61.85 | 31.91 | 24.93 | 17.95 | −9.97 | −76.77 | 17.96 | −86.72 |
| Net cash flow | −123 | 37.01 | 12.99 | −63.94 | −8.99 | 27.99 | 3.99 | −6.99 | −6.99 | −7.99 | −8.99 | 2.01 |
| Capex | 78.22 | 3.01 | 12.02 | 57.16 | 276 | 5.01 | 417 | 14.03 | 8.01 | 191 | 52.08 | 17.03 |
| Free cash flow | 142 | 168 | 97.26 | 109 | 32.10 | 89.28 | −270 | −28.06 | 0.00 | 35.08 | 24.05 | 25.07 |
| CFO / OP % | 98.0% | 84.0% | 78.9% | 138.0% | 280.0% | 101.0% | 116.0% | −13.0% | 12.0% | 94.0% | 28.9% | 19.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 52 | 95 | 73 | 114 | 75 | 149 | 78 | 90 | 126 | 185 | 149 | 193 |
| Inventory days | 12 | 7 | 25 | 40 | 50 | 58 | 70 | 80 | 113 | 65 | 72 | 75 |
| Days payable | 3 | 35 | 5 | 8 | 3 | 41 | 31 | 47 | 36 | 82 | 36 | 20 |
| Cash conversion cycle | 62 | 68 | 94 | 148 | 123 | 167 | 118 | 124 | 204 | 169 | 186 | 249 |
| Working capital days | 29 | 37 | 33 | 72 | 51 | 52 | 29 | 55 | 92 | 108 | 153 | 221 |
| ROCE % | 7.0% | 4.0% | 3.0% | 3.0% | 5.0% | 4.0% | 6.0% | 2.0% | 5.0% | 15.0% | 16.0% | 11.0% |
For the Sep 2026 quarter, Responsive Industries reported sales of ₹205 Cr, down 34.7% year on year and net profit of ₹6.51 Cr, down 87.8% year on year. The operating margin was 14.5%.
Responsive Industries' sales for the year to Mar 2026 were ₹1,398 Cr; over the last twelve months they were ₹1,142 Cr.
Net profit for the year to Mar 2026 was ₹148 Cr, and ₹54.69 Cr over the last twelve months. Earnings per share over the same trailing period were ₹2.00.
Responsive Industries reported borrowings of ₹195 Cr at Mar 2026, against cash and equivalents of ₹9.98 Cr.
Cash from operations was ₹40.12 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹25.07 Cr.