Responsive Industries
Stock Snapshot
Price Performance
Vista Outlook
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Responsive Industries is navigating a recovery phase in revenue growth following a contraction, as indicated by management's recent commentary. The company's focus on value-added products is crucial in a competitive textile market, where pricing pressures persist. This strategic shift is expected to enhance margins over time, despite current margin pressures. Vista's financial outlook reflects a cautious optimism, projecting a modest revenue recovery and stable margins, supported by a conservatively financed balance sheet with low leverage. The fair valuation aligns with intrinsic value, suggesting limited upside potential in the near term. Industry dynamics, characterized by steady growth and increasing consumer demand for sustainable textiles, provide a favorable backdrop. However, competitive pricing pressures remain a watchpoint, necessitating ongoing innovation and differentiation. Over the next 12-24 months, the company must capitalize on emerging market opportunities while managing margin constraints to sustain its recovery trajectory. Overall, while the macroeconomic environment in India is supportive, the company's ability to navigate competitive challenges will be critical to achieving Vista's projected targets
Why We Like This Stock
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Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 1,087 | 1,418 | 1,394 | 914 | 987 |
| Profit Before Tax (Cr.) | 173 | 210 | 155 | 37 | 57 |
| PBT Margin | 15.9% | 14.8% | 1108.6% | 4.0% | 5.8% |
| Net Profit (Cr.) | 164 | 202 | 149 | 27 | 43 |
| Earnings Per Share | 6.2 | 7.6 | 5.6 | 1.0 | 1.6 |
Analyst Recommendations
No analyst recommendations available.
Company Overview
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Responsive Industries Limited manufactures and sells polyvinyl chloride (PVC) based products in India. The company provides vinyl flooring, synthetic leather/ropes, and luxury vinyl tile, including LVT-SPC and waterproofing membranes. It also offers plastic, non-metallic mineral, rubber products, and fabricated metal products. The company serves the hospitality, transportation, healthcare, IT and telecom, retail, sports infrastructure, education, and real estate sectors. It exports its products. The company was formerly known as Responsive Polymers Limited and changed its name to Responsive Industries Limited in 2007. Responsive Industries Limited was incorporated in 1982 and is based in Thane, India. Responsive Industries Limited is a subsidiary of Wellknown Business Ventures LLP.