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Responsive Industries is currently trading at Rs. 86.65, up by 1.00 points or 1.17% from its previous closing of Rs. 85.65 on the BSE.The scrip opened at Rs. 86.70 and has touched a high and low of Rs. 92.00 and Rs. 85.25 respectively. So far 57570 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 104.85 on 09-Sep-2019 and a 52 week low of Rs. 81.75 on 02-May-2019.Last one week high and low of the scrip stood at Rs. 92.00 and Rs. 81.90 respectively. The current market cap of the company is Rs. 2360.84 crore.The promoters holding in the company stood at 50.13%, while Institutions and Non-Institutions held 8.16% and 41.71% respectively.Responsive Industries has launched its new SPC series ‘IMPACT Inspire’, as part of the continuing foray into the B2C segment. This spectacular range of 8 wood colours is an ideal choice for luxury residences in bedrooms, living rooms, study`s, and kitchens. There is a 20 years residential warranty and the entire floor system is effortlessly installed with a patented click system.These interlocking vinyl tiles are a complete replacement for traditional options such as laminates, engineered wood and vitrified tiles because they are 100% waterproof and do not spoil in the monsoon. In fact, the maintenance regime is a simple soap and water cleaning.Responsive Industries is one of the most sought after manufacturer, exporter and supplier of PVC polymer based products like PVC floorings & printed tiles.
The Sales for the quarter ended September 2019 of Rs. 1242.05 million declined by -44.73% from Rs. 2247.04 millions.Modest increase of 5.78% in the Net Profit was reported from. 184.00 millions to Rs. 194.63 millions.The Operating Profit of the company witnessed a decrease to 330.47 millions from 507.28 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 1242.05 2247.04 -44.73 2469.69 4360.23 -43.36 6288.32 10978.37 -42.72 Other Income 12.32 44.60 -72.38 33.25 109.16 -69.54 143.39 154.74 -7.33 PBIDT 330.47 507.28 -34.85 621.51 950.88 -34.64 1207.27 1086.08 11.16 Interest 19.01 36.58 -48.03 35.92 72.57 -50.50 126.74 170.39 -25.62 PBDT 311.46 470.70 -33.83 585.59 878.31 -33.33 1080.53 915.69 18.00 Depreciation 138.54 161.64 -14.29 292.27 313.50 -6.77 614.98 656.70 -6.35 PBT 172.92 309.06 -44.05 293.32 564.81 -48.07 465.55 258.99 79.76 TAX -21.71 125.06 -117.36 26.12 217.87 -88.01 181.37 128.24 41.43 Deferred Tax -52.36 0.46 -11482.61 -50.87 5.73 -987.78 13.41 59.48 -77.45 PAT 194.63 184.00 5.78 267.20 346.94 -22.98 284.18 130.75 117.35 Equity 266.91 266.91 0.00 266.91 266.91 0.00 266.91 266.91 0.00 PBIDTM(%) 26.61 22.58 17.86 25.17 21.81 15.40 19.20 9.89 94.06
A decent increase of about 25.46% in the sales to Rs. 2247.04 millions was observed for the quarter ended September 2018. The sales figure stood at Rs. 1791.04 millions during the year-ago period.Net Profit for the quarter ended September 2018 zoomed to 1166.35% from Rs. 14.53 millions to Rs. 184.00 millions.Operating profit for the quarter ended September 2018 rose to 507.28 millions as compared to 249.63 millions of corresponding quarter ended September 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 2247.04 1791.04 25.46 4360.23 5874.90 -25.78 10978.37 18646.27 -41.12 Other Income 44.60 43.72 2.01 109.16 96.85 12.71 154.74 170.27 -9.12 PBIDT 507.28 249.63 103.21 950.88 557.72 70.49 1086.08 1516.06 -28.36 Interest 36.58 37.48 -2.40 72.57 95.38 -23.91 170.39 228.95 -25.58 PBDT 470.70 212.15 121.87 878.31 462.34 89.97 915.68 1287.11 -28.86 Depreciation 161.64 152.38 6.08 313.50 357.29 -12.26 656.70 987.66 -33.51 PBT 309.06 59.77 417.08 564.81 105.05 437.66 258.99 299.46 -13.51 TAX 125.06 45.24 176.44 217.87 61.75 252.83 128.24 105.58 21.46 Deferred Tax 0.46 5.52 -91.67 5.73 -8.87 -164.60 59.48 4.49 1224.72 PAT 184.00 14.53 1166.35 346.94 43.30 701.25 130.75 193.88 -32.56 Equity 266.91 266.91 0.00 266.91 266.91 0.00 266.91 266.91 0.00 PBIDTM(%) 22.58 13.94 61.97 21.81 9.49 129.72 9.89 8.13 21.67
Responsive Industries is currently trading at Rs. 96.10, up by 0.45 points or 0.47% from its previous closing of Rs. 95.65 on the BSE.The scrip opened at Rs. 97.40 and has touched a high and low of Rs. 99.00 and Rs. 92.05 respectively. So far 2959 shares were traded on the counter.The BSE group `B` stock of face value Rs. 1 has touched a 52 week high of Rs. 105.95 on 17-Jul-2018 and a 52 week low of Rs. 34.50 on 09-Oct-2017.Last one week high and low of the scrip stood at Rs. 105.95 and Rs. 87.50 respectively. The current market cap of the company is Rs. 2529.00 crore.The promoters holding in the company stood at 50.13%, while Institutions and Non-Institutions held 8.22% and 41.64% respectively.Responsive Industries has made the capital investment of Rs 10,973.40 lakh towards setting up of manufacturing unit in Middle East through a step-down subsidiary. The Board of Directors of the company at its meeting held on July 18, 2018, took note of the same. Responsive Industries is one of the most sought after manufacturer, exporter and supplier of PVC polymer based products like PVC floorings & printed tiles.
The sales moved down -48.26% to Rs. 2113.19 millions for the June 2018 quarter as compared to Rs. 4083.86 millions during the corresponding quarter last year.Net Profit witnessed a 466.35% growth almost the double from Rs. 28.77 millions to Rs. 162.94 millions of same quarter last year.Operating profit for the quarter ended June 2018 rose to 443.60 millions as compared to 308.09 millions of corresponding quarter ended June 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 2113.19 4083.86 -48.26 2113.19 4083.86 -48.26 10978.37 18646.27 -41.12 Other Income 64.56 53.13 21.51 64.56 53.13 21.51 154.74 170.27 -9.12 PBIDT 443.60 308.09 43.98 443.60 308.09 43.98 1086.08 1516.06 -28.36 Interest 35.99 57.90 -37.84 35.99 57.90 -37.84 170.39 228.95 -25.58 PBDT 407.61 250.19 62.92 407.61 250.19 62.92 915.68 1287.11 -28.86 Depreciation 151.86 204.91 -25.89 151.86 204.91 -25.89 656.70 987.66 -33.51 PBT 255.75 45.28 464.82 255.75 45.28 464.82 258.99 299.46 -13.51 TAX 92.81 16.51 462.14 92.81 16.51 462.14 128.24 105.58 21.46 Deferred Tax 5.27 -14.39 -136.62 5.27 -14.39 -136.62 59.48 4.49 1224.72 PAT 162.94 28.77 466.35 162.94 28.77 466.35 130.75 193.88 -32.56 Equity 266.91 266.91 0.00 266.91 266.91 0.00 266.91 266.91 0.00 PBIDTM(%) 20.99 7.54 178.26 20.99 7.54 178.26 9.89 8.13 21.67
Responsive Industries has informed that the meeting of the Board of Directors of the Company is scheduled to be held on February 14, 2017, to consider and approve Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2016. Further, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, trading window for trading in Company’s securities by the specified persons shall remain closed from February 07, 2017 to February 16, 2017.The above information is a part of company’s filings submitted to BSE.
Responsive Industries has informed regarding the details of Voting results at the 34th Annual General Meeting (AGM) of the Company held on September 09, 2016, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizers Report and Proceedings of the Meeting in this regard.The above information is a part of company’s filings submitted to BSE.
Responsive Industries has informed that the Register of Members & Share Transfer Books of the Company will remain closed from September 03, 2016 to September 09, 2016 for the purpose of 34th Annual General Meeting (AGM) of the Company to be held on September 09, 2016.The above information is a part of company’s filings submitted to BSE.
Responsive Industries has informed that the Board of Directors of the Company at its meeting held on March 10, 2016, have declared an Interim Dividend of Re 0.10 per equity share (i.e. 10%) of face value of Re 1 each fully paid up for the financial year ending March 31, 2016. The meeting of Board of Directors of the Company commenced at 11.30 a.m. and concluded at 11.55 a.m. The Interim dividend will be paid to the shareholders entitled thereto, on or after March 21, 2016.The above information is a part of company’s filings submitted to BSE.
Responsive Industries has informed that the Company has fixed March 18, 2016 as the Record Date for the purpose of Payment of Interim Dividend for the financial year 2015-16, if declared.The above information is a part of company’s filings submitted to BSE.
Responsive Industries has informed that the Board of Directors of the Company at its meeting held on February 05, 2016, has recorded resignation of Swati Agarwal, Non-Executive Director from the directorship of the Company with effect from February 05, 2016.The above information is a part of company’s filings submitted to BSE.
Responsive Industries has informed that the 33rd Annual General Meeting (AGM) of the Company was held on September 22, 2015.The above information is a part of company’s filings submitted to BSE.