Responsive Industries Limited Share Price and Company Fundamentals
Last traded: Today at 3:37 AM
Responsive Industries Limited manufactures and sells polyvinyl chloride (PVC) based products for commercial and household purposes in India. Its products primarily include vinyl flooring, synthetic leather, luxury vinyl tile, and shipping ropes. The company serves the healthcare, safety and transport, education, sports, retail and offices, hospitality and residential, commercial, and industrial markets. It also exports its products. The company was formerly known as Responsive Polymers Limited and changed its name to Responsive Industries Limited in 2007. The company was incorporated in 1982 and is based in Thane, India.
|Industry / Sector||Specialty Chemicals / Basic Materials|
|Mailing address||Village Betegaon Mahagaon Road Boisar (East) Taluka Palghar Thane 401501 India|
|Phone / Fax||91 22 6656 2821 / 91 22 6656 2798|
Responsive Industries Limited paid ₹0.00 dividend and the ex-dividend date was 22 Sept 2021.The dividend payout ratio is 25,000.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RESPONIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
RESPONIND's forward dividend amount is ₹0.1 and the forward dividend yield is 0.08%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Jul 2022, following are the company executives and directors listed on Responsive Industries Limited.
|Mr. Mehul Laljibhai Vala||CEO & Whole Time Director||52|
|Mr. Santosh Kudalkar||Chief Financial Officer|
|Mr. Rajendra Kumar Parsania||Chief Operating Officer|
|Mr. Ankit Pandit||Company Sec. & Compliance Officer|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Responsive Industries Limited is and its enterprise value is .
The RESPONIND's stocks Beta value is 0.23 making it 77% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Responsive Industries Limited (NSE:RESPONIND) Frequently Asked Questions
1. What is Responsive Industries Limited's Stock Symbol?
Responsive Industries Limited trades on NSE under the ticker symbol "RESPONIND".
2. What is Responsive Industries Limited's stock price today?
One share of RESPONIND stock can currently be purchased for approximately ₹129.85.
3. How can I contact Responsive Industries Limited?
Responsive Industries Limited's mailing address is Village Betegaon Mahagaon Road Boisar (East) Taluka Palghar Thane 401501 India. The company can be reached via phone at 91 22 6656 2821.
4. What is Responsive Industries Limited's official website?
The official website of Responsive Industries Limited is https://www.responsiveindustries.com.