responsive industries submitted disclosures to BSE Limited and the National Stock Exchange of India Limited regarding shareholding changes within its promoter group for the financial year ending March 31, 2026. The filing, dated April 07, 2026, was made in compliance with Regulation 30 and 31 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The disclosures provide transparency on the shareholding patterns of key stakeholders as of the fiscal year-end.

The submission was signed by Mehul Laljibhai Vala, Whole Time Director & CEO of Responsive Industries Limited. The enclosed details covered the holdings of ten entities and individuals associated with the promoter group. The specific entities included Wellknown Business Ventures LLP, Fairpoint Tradecom LLP, Efficient Builders LLP, and Mavi Business Ventures LLP, along with individual shareholders Mrs. Swati Agarwal, Mr. Atit Agarwal, Mr. Rishabh Agarwal, Mrs. Rohini Rishabh Agarwal, Mrs. Saudamini Agarwal, and Mr. Abhishek Agarwal.

In addition to the shareholding data, the promoter group provided a declaration concerning the status of the shares held. Under Regulation 31(4) of the SEBI SAST Regulations, the signatories confirmed that they, along with persons acting in concert, had not created any encumbrance over the shares held directly or indirectly during the financial year ended March 31, 2026, other than those previously disclosed.

The following table lists the entities and individuals included in the disclosure:

The filing was formally acknowledged by Swati, the Authorised Signatory for Wellknown Business Ventures LLP, on behalf of all Promoter and Promoter Group members. The exchanges were requested to place the information on record.

Responsive Industries Limited reported a 25.4% decline in consolidated net profit to ₹14,842.70 lakh for the financial year ended March 31, 2026, compared to ₹19,886.17 lakh in the previous year. Revenue from operations for the year stood at ₹1,39,411.82 lakh, a decrease from ₹1,41,791.19 lakh in FY25. The board of directors recommended a final dividend of Re. 0.10 per equity share, subject to shareholder approval at the ensuing Annual General Meeting. The company published the audited standalone and consolidated financial results in the Financial Express and Mumbai Lakshadeep on May 27, 2026, pursuant to Regulation 47(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the quarter ended March 31, 2026, the company recorded a consolidated net profit of ₹2,282.28 lakh, a significant drop from ₹5,424.87 lakh in the same quarter of the previous year. Revenue from operations for the quarter rose to ₹43,033.99 lakh from ₹38,066.05 lakh in the corresponding period last year. Total income for the quarter was ₹43,311.16 lakh. The company's statutory auditors, M/s. Shah & Taparia, issued an unmodified opinion on the audited standalone and consolidated financial results.

Consolidated Financial Performance

The consolidated financial results for the year ended March 31, 2026, reflect a contraction in profitability despite operational activity. Total expenses for the year increased to ₹1,24,928.43 lakh from ₹1,21,654.66 lakh in the prior year. Profit before tax for the year stood at ₹15,436.78 lakh, down from ₹20,977.80 lakh. The company reported an exceptional item of ₹54.13 lakh for the year related to the statutory impact of new Labour Codes.

Q4 Operating Performance

The quarter ended March 31, 2026, saw a sharp deterioration in operating profitability. Q4 EBITDA stood at ₹437M compared to ₹789M in the same quarter of the previous year, reflecting the pressure on margins during the period. The EBITDA margin contracted significantly to 10.77% from 20.72% year-on-year, underscoring the impact of rising costs on operational efficiency. The following table summarises the key Q4 metrics:

Standalone Results and Segment Reporting

On a standalone basis, the company reported a net profit of ₹1,407.66 lakh for FY26, a sharp decline from ₹3,172.18 lakh in the previous year. Revenue from operations for the standalone entity decreased to ₹54,115.12 lakh from ₹55,573.89 lakh. For the quarter ended March 31, 2026, standalone net profit was ₹191.23 lakh, while revenue from operations was ₹12,853.27 lakh. The company noted that its primary business segment consists of articles made out of PVC/Polymers, and as such, segment reporting requirements under Ind AS 108 are not applicable.

The board, in its meeting held on May 26, 2026, approved the audited financial results. The meeting commenced at 12:00 P.M. and concluded at 02:20 P.M. The company's subsidiaries include Responsive Industries Limited (Hong Kong), Responsive Industries LLC (USA), and Axiom Cordages Limited (Hong Kong). The auditors confirmed that the financial results give a true and fair view of the company's financial position.