Responsive Industries reported a 25.4% decline in consolidated net profit to ₹14,842.70 lakh for the financial year ended March 31, 2026. The company's revenue from operations for the year stood at ₹1,39,411.82 lakh, a decrease from ₹1,41,791.19 lakh in the previous year. The board of directors, meeting on May 26, 2026, approved the audited standalone and consolidated financial results and recommended a final dividend of Re. 0.10 per equity share for FY26, subject to shareholder approval at the ensuing Annual General Meeting.

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 corresponding quarter of the previous year. Revenue from operations for the quarter rose to ₹43,033.99 lakh from ₹38,066.05 lakh in Q4FY25. Total income for the quarter was ₹43,311.16 lakh. The 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 income for the year decreased to ₹1,40,419.34 lakh from ₹1,42,632.46 lakh in FY25. Total expenses 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 in the previous year. The company reported an exceptional item of ₹54.13 lakh for the year related to the statutory impact of new Labour Codes.

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 in FY25. For the quarter ended March 31, 2026, standalone net profit was ₹191.23 lakh compared to ₹544.28 lakh in the same period last year. The company noted that its primary business segment consists of articles made out of PVC and polymers, and therefore, the disclosure requirements of Ind AS – 108 regarding operating segments are not applicable.

Dividend Declaration

The Board of Directors has recommended a final dividend of Re. 0.10 per equity share, equivalent to 10% of the face value of Re. 1/- each, for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the company's 44th Annual General Meeting. The record date for the dividend will be announced in due course. The paid-up equity share capital of the company remains at ₹2,666.09 lakh.

Fairpoint Tradecom LLP, a promoter group entity of Responsive Industries Limited , has created a new pledge on 3,20,000 equity shares representing 0.12% of the total share capital. The encumbrance was created on June 10, 2026, in favor of Timelink Agencies Private Limited as collateral for a loan. The disclosure was submitted under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Following this transaction, the total encumbered shares held by the promoter group increased to 77,69,971 shares, or 2.91% of the total share capital. The total promoter holding in Responsive Industries Limited stands at 2,46,50,000 shares, accounting for 9.25% of the total share capital. Consequently, the percentage of promoter shareholding that is encumbered rose to 31.52%.

The filings confirm that Timelink Agencies Private Limited is not a scheduled commercial bank, public financial institution, NBFC, or housing finance company. Instead, it is classified under activities auxiliary to financial intermediation. The value of the shares pledged on the date of the event was recorded at ₹5,50,00,000. The borrowed amount is designated for personal use by the promoters and Persons Acting in Concert (PACs), with no benefit intended for the listed company.

Encumbrance Details

Shareholding Summary

The disclosures were submitted by Mehul Vala, Whole Time Director & CEO of Responsive Industries Limited, and authorized signatories of Fairpoint Tradecom LLP. The encumbered shares do not constitute 50% or more of the promoter shareholding, nor do they amount to 20% or more of the total share capital of the company.