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Latest news about Responsive Industries

Responsive Industries Q1 Results: Net profit falls 95% YoY 1 day ago Yesterday

Responsive Industries faced a challenging first quarter, with net profit plummeting 95% YoY to ₹27 million and revenue down 43% to ₹1.93 billion. EBITDA also saw a steep decline of 68% to ₹233 million, resulting in an EBITDA margin contraction from 21.43% to 12.09%. The disproportionate drop in operating profit relative to revenue signals margin pressure.

Responsive Industries board to consider equity share buyback on Aug 14 7 days ago

Responsive Industries PAT falls 55% in FY26 on margin pressure Aug 03, 2026

Responsive Industries revises board meeting outcome on director appointment Jul 27, 2026

Fairpoint Tradecom releases pledge on Responsive Industries shares Jul 09, 2026

More news about Responsive Industries

26Jun 26

Responsive Industries FY26 net profit falls 25.4% to ₹14,842.70 lakh

Responsive Industries reported a 25.4% decline in consolidated net profit to ₹14,842.70 lakh for FY26, with revenue decreasing to ₹1,39,411.82 lakh. The board recommended a final dividend of Re. 0.10 per share, subject to shareholder approval.

16Jun 26

Fairpoint Tradecom pledges shares with Timelink Agencies

Fairpoint Tradecom LLP pledged 3,20,000 shares of Responsive Industries Limited, raising encumbered promoter holding to 31.52%.

03Jun 26

Responsive Industries disclosures under SEBI SAST for FY26

Responsive Industries Limited filed disclosures with stock exchanges regarding shareholding by its promoter and promoter group for the financial year ending March 31, 2026. The filing was made under Regulation 30 and 31 of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The promoter group confirmed that no new encumbrances were created on the shares held during the financial year.

28May 26

Responsive Industries FY26 net profit falls 25.4% on higher costs

Responsive Industries reported a 25.4% decline in consolidated net profit to ₹14,842.70 lakh for FY26, driven by increased total expenses. Revenue from operations decreased marginally to ₹1,39,411.82 lakh. Q4 net profit fell significantly to ₹2,282.28 lakh, with EBITDA margins contracting to 10.77%. The board recommended a final dividend of Re. 0.10 per share and approved the results on May 26, 2026.

28May 26

Rishabh Agarwal resigns as Responsive Industries Chairperson

Rishabh Agarwal resigned as Non-Executive Non-Independent Director & Chairperson of Responsive Industries effective May 26, 2026, for personal reasons. The Board accepted the resignation and confirmed no material disputes or liabilities exist. The company will file Form DIR-12 with the Registrar of Companies and make necessary disclosures to stock exchanges.

28May 26

Responsive Industries appoints Aayush Agarwal as Chairperson

Responsive Industries Limited has appointed Mr. Aayush Agarwal as the Non-Executive Non-Independent Director & Chairperson, effective May 26, 2026. The appointment is subject to shareholder approval and follows a recommendation by the Nomination and Remuneration Committee. Mr. Agarwal holds a Bachelor of Business Administration from the American University in Dubai and brings approximately 10 years of experience in sales and operational excellence.

18May 26

Responsive Industries Board Meeting Scheduled on May 26, 2026 to Approve Q4 and FY26 Financial Results

Responsive Industries Limited has scheduled a board meeting for Tuesday, May 26, 2026, to approve audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The board will also consider recommending a dividend, if any, on equity shares for the year ended March 31, 2026. The trading window for designated persons and their immediate relatives has been closed from April 01, 2026 until 48 hours after the board meeting, in line with SEBI insider trading regulations.

09May 26

Responsive Industries Scales White Label & OEM Operations, Secures Large-Scale Strategic Partnerships

Responsive Industries Limited announced on May 08, 2026, under Regulation 30 of SEBI LODR Regulations, a significant scale-up in its White Label and OEM business lines. The company has secured large-scale strategic partnerships with Tier-1 global brands, distributors, and institutional buyers, covering product categories including SPC Flooring, LVT Flooring, Vinyl Flooring, Wall Cladding, and Industrial Flooring Solutions. The initiative aims to maximize capacity utilization across 100+ acres of manufacturing infrastructure and expand its export network spanning over 70+ countries.

05May 26

Responsive Industries Appoints Jayesh Jain as Company Secretary & KMP

Responsive Industries Limited's Board appointed Mr. Jayesh Jain as Company Secretary & Compliance Officer and KMP effective May 04, 2026, at a meeting held between 12:30 P.M. and 12:50 P.M. A revised regulatory disclosure was filed per SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Mr. Jain, an ICSI Associate Member with experience at JSW Holdings Limited and Glass Wall Systems (India) Limited, is also authorised to determine materiality of events and make disclosures to stock exchanges.

01May 26

Responsive Industries: Fairpoint Tradecom Releases Pledge of 3 Lakh Equity Shares

Fairpoint Tradecom LLP, a promoter group entity of Responsive Industries Limited, has released the pledge of 3,00,000 equity shares on April 29, 2026, in favour of Imperial Solutions Private Limited. The disclosure was made under Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Following the release, the total encumbered shares held by Fairpoint Tradecom LLP stand at 74,69,971, representing 2.80% of the total share capital. The promoter group holds 2,46,50,000 shares, accounting for 9.25% of the total share capital of the company.

14Apr 26

Responsive Industries Limited Completes Postal Ballot with Overwhelming Approval for Independent Director Appointment

Responsive Industries Limited completed its postal ballot on April 11, 2026, with 99.9998% shareholder approval for appointing Ms. Jeny Vinod Kumar Gowadia as Independent Director. The remote e-voting process, scrutinized by M/s. Mayank Arora & Co., received 162907293 votes in favour against only 250 dissenting votes, demonstrating overwhelming shareholder confidence in the board appointment decision.

13Apr 26

Responsive Industries Limited Appoints Ruvi Bhansali as Chief Financial Officer and Key Managerial Personnel

Responsive Industries Limited appointed Mr. Ruvi Bhansali as Chief Financial Officer and Key Managerial Personnel effective April 13, 2026, following a board meeting held on the same date. Mr. Bhansali brings over 18 years of strategic business leadership experience in corporate strategy, financial planning, fund management, and risk management. He holds an MBA in Finance and Business Management from Mumbai institutions, along with certifications in Strategic Negotiation & Leadership and NISM Market Regulations & Financial Analysis. The appointment was made pursuant to SEBI LODR Regulations and strengthens the company's financial leadership team.

10Apr 26

Responsive Industries Submits Q4FY26 Compliance Certificate to Stock Exchanges

Responsive Industries Limited submitted its Q4FY26 compliance certificate to BSE and NSE pursuant to SEBI Regulation 74(5), covering the quarter ended March 31, 2026. The certificate, issued by registrar MUFG Intime India Pvt. Ltd., confirms no dematerialisation requests were received during the quarter. CEO Mehul Vala signed the submission on April 09, 2026, ensuring full regulatory compliance.

01Apr 26

Responsive Industries Company Secretary Ms. Mohini Sharma Resigns Due to Personal Reasons

Responsive Industries Limited announced the resignation of Company Secretary & Compliance Officer Ms. Mohini Sharma (FCS 13427) effective March 31, 2026, due to personal reasons. The company has properly disclosed this key managerial personnel change to BSE and NSE under SEBI regulations, confirming no other material reasons exist for the departure. The resignation encompasses all her statutory and designated positions within the company.

31Mar 26

Responsive Industries: Promoter Group Creates Fresh Pledge on 7,20,000 Shares

Responsive Industries' promoter group entity Fairpoint Tradecom LLP has created a fresh pledge on 7,20,000 equity shares valued at Rs. 9,12,24,000 in favor of Imperial Solutions Private Limited for personal borrowing purposes. This increases the total encumbered shares to 77,69,971, representing 2.91% of the company's total share capital and 28.60% of the promoter's holding, while remaining compliant with regulatory thresholds.

21Mar 26

Responsive Industries Clarifies Unsolicited ESG Rating Disclosure by CFC Finlease Private Limited

Responsive Industries Limited issued a regulatory clarification on March 21, 2026, regarding an unsolicited ESG rating disclosure submitted by CFC Finlease Private Limited. The company emphasized it has not engaged the SEBI registered ESG rating provider for any services, and the rating was based solely on publicly available information. The company learned of this development through BSE Limited's notification received on March 20, 2026, concerning the disclosure for ISIN INE688D01026.

10Mar 26

Responsive Industries Limited Issues Postal Ballot Notice for Independent Director Appointment

Responsive Industries Limited has issued a postal ballot notice for shareholder approval of Ms. Jeny Vinod Kumar Gowadia's appointment as Non-Executive Independent Director for a five-year term from February 04, 2026 to February 03, 2031. The remote e-voting process will run from March 13 to April 11, 2026, with results to be declared by April 14, 2026. Ms. Gowadia, a qualified Company Secretary with over 11 years of experience, was initially appointed by the Board on February 04, 2026, subject to shareholder approval through special resolution.

09Mar 26

Responsive Industries Issues Revised Pledge Disclosure After Correcting Typo Error

Responsive Industries Limited has issued a revised disclosure for share pledge creation by promoter group entity Fairpoint Tradecom LLP, correcting typo errors in the original filing. The revision updates existing encumbrance data and shareholding percentages while maintaining the same pledge structure of 26.50 lakh shares to two financial entities for personal borrowing purposes.

24Feb 26

Responsive Industries Q3FY26 Results: Revenue Falls 15% YoY to ₹311.3 Crore, PAT Drops 52% Due to US Tariff Impact

Responsive Industries reported Q3FY26 revenue of ₹311.3 crore (down 15% YoY) and net profit of ₹22.5 crore (down 52% YoY), impacted by US import tariffs on select exported products. Nine-month FY26 performance showed total income of ₹971 crore (down 7% YoY) with PAT at ₹126 crore (down 13% YoY). Management views this as temporary impact, expecting recovery as tariff policies normalize, with medium-term targets of 12-15% revenue growth and 20-24% EBITDA margins.

24Feb 26

Responsive Industries: Promoter Group Creates Pledge on 3,00,000 Shares for Personal Borrowing

Fairpoint Tradecom LLP has pledged 3,00,000 shares of Responsive Industries Limited to O J Financial Services Limited for personal borrowing, as disclosed on February 23, 2026. The pledge increases the promoter group's total encumbered shares to 37,99,971, representing 15.41% of total share capital, while maintaining their overall holding of 2,46,50,000 shares (9.25% stake).

06Feb 26

Responsive Industries Credit Rating Reaffirmed at IVR A/Stable by Infomerics

Infomerics has reaffirmed Responsive Industries' IVR A/Stable/IVR A1 credit rating for Rs. 430.27 crore bank facilities. The company showed strong FY25 performance with revenue growing ~30% to Rs. 1,417.91 crore and improved absolute EBITDA and PAT. The rating reflects experienced promoters, diversified product portfolio spanning 30+ categories, global distribution network, and comfortable financial metrics with stable gearing at 0.19x and improved interest coverage of 12.31x.

05Feb 26

Responsive Industries Limited Schedules Board Meeting for February 13, 2026 to Consider Q3FY26 Financial Results

Responsive Industries Limited has scheduled a board meeting for February 13, 2026, to consider and approve unaudited financial results for Q3FY26 and nine months ended December 31, 2025. The meeting will review both standalone and consolidated results in compliance with SEBI Regulation 29. The company's trading window, closed since January 1, 2026, will reopen on February 16, 2026, following proper disclosure procedures.

04Feb 26

Responsive Industries Limited Reconstitutes Board Committees with New Member Compositions

Responsive Industries Limited reconstituted five board committees on February 04, 2026, including Audit, Nomination & Remuneration, Stakeholders Relationship, Risk Management, and Corporate Social Responsibility committees. The restructuring involves new leadership appointments and member compositions across all committees, with Mr. Sanjiv Virendra Swarup chairing the Audit and Nomination committees, while Mr. Rishabh Agarwal leads the Stakeholders Relationship, Risk Management, and CSR committees. The changes are effective immediately from February 04, 2026.

14Jan 26

Responsive Industries CFO Bhavneet Singh Chadha Resigns

Responsive Industries has announced the resignation of Co-CFO Bhavneet Singh Chadha. The plastic products company, classified as a mid-cap entity, confirmed this key leadership change. This development marks a significant transition in the company's executive structure.

13Jan 26

Responsive Industries Announces Demise of Independent Director Ms. Mita Jha

Responsive Industries Limited announced the demise of Non-Executive Independent Director Ms. Mita Jha (DIN: 07258314), who passed away on December 21, 2025. The company received intimation from her family on January 13, 2026, and filed the disclosure with stock exchanges under SEBI regulations. The company expressed that her association significantly benefited the organization and described her passing as an irreparable loss.

13Jan 26

Responsive Industries CFO Bhavneet Singh Chadha Resigns Due to Personal Reasons

Responsive Industries Limited announced the resignation of Chief Financial Officer Mr. Bhavneet Singh Chadha due to personal reasons, effective January 12, 2026. The company expressed appreciation for his contributions and confirmed no other material reasons exist for the resignation. Responsive Industries is actively searching for a suitable replacement and will inform stock exchanges upon appointment in compliance with applicable regulations.

05Jan 26

Responsive Industries Limited Completes Postal Ballot for Independent Director Appointment

Responsive Industries Limited successfully completed its postal ballot process on January 04, 2026, appointing Mr. Ajay Pratapray Shanghavi as Independent Director for a five-year term from November 11, 2025, to November 10, 2030. The company conducted the entire voting process electronically, with M/s. Mayank Arora & Co. serving as scrutinizer to ensure transparency and compliance with regulatory requirements.

11Nov 25

Responsive Industries Reports Q2 Profit Growth Amid Revenue Decline

Responsive Industries posted mixed Q2 FY2025-26 results. Net profit increased by 8.07% to ₹532.60 crore, despite a 10.23% revenue decline to ₹3,137.50 crore. EBITDA grew 5.66% to ₹766.00 crore, with EBITDA margin expanding to 24.42% from 20.75%. The company demonstrated improved operational efficiency amidst revenue challenges.

05Nov 25

Dr. Anita Shantaram Steps Down from Responsive Industries Limited Board

Dr. Anita Shantaram has resigned as Non-Executive Independent Director of Responsive Industries Limited, effective November 5, 2025, citing personal reasons. She will also vacate her positions in various committees. The Board acknowledged her contributions during her tenure. Dr. Shantaram continues to hold independent directorships in other listed entities including Phoenix Township Ltd, Abans Enterprises Limited, Bharat Wire Ropes Limited, and Lloyds Metals and Energy Limited.

03Oct 25

Responsive Industries' Promoter Creates Pledge on 15 Lakh Shares

Fairpoint Tradecom LLP, a promoter group entity of Responsive Industries, has pledged 15 lakh shares (0.56% of total share capital) to Virtue Financial Services Private Limited. The pledge, created on September 30, 2025, represents 9.25% of total promoter shareholding, bringing the total encumbered promoter shares to 14.20%. The borrowed amount is intended for personal use by the promoters. This action complies with SEBI regulations and does not exceed critical thresholds for promoter shareholding encumbrance.

06Sept 25

Responsive Industries Appoints Sanjiv Swarup as Additional Independent Director

Responsive Industries Limited has appointed Mr. Sanjiv Swarup as an Additional Non-executive Independent Director, effective October 4, 2022. Swarup, a Chartered Accountant and law graduate, brings extensive experience as Chairman & Independent Director of Bharat Wire Ropes Ltd and 16 years as a Senior Advisor in BSE Listed SEBI registered Merchant Bankers. His appointment, compliant with regulatory requirements, is expected to enhance the company's strategic decision-making and corporate governance.

30Jul 25

Responsive Industries Reports Mixed Q1 FY2025 Results with Consolidated Net Profit Growth

Responsive Industries Limited announced its Q1 FY2025 results. Consolidated revenue decreased 11.02% QoQ to Rs 33,870.86 crore but increased 5.88% YoY. Net profit rose slightly YoY to Rs 4,986.50 crore. Standalone revenue grew 15.78% YoY to Rs 14,911.78 crore, while net profit decreased YoY to Rs 567.48 crore. CEO Mehul Vala highlighted the company's resilience in a challenging market environment.

14May 25

Responsive Industries Reports Strong Q4 Performance with Revenue and EBITDA Growth

Responsive Industries Ltd. announced strong Q4 results with revenue increasing 31.03% to ₹3,800.00 crore and net profit rising 18.10% to ₹542.00 crore year-over-year. EBITDA grew 18.30% to ₹789.00 crore, though the EBITDA margin slightly decreased to 20.72%. Sequential quarterly performance showed improvements in operating profit and net profit. The company's financial position remains robust, demonstrating resilience and effective business strategies in a challenging economic environment.

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