Board Meeting Outcomes

The Board of Directors at its meeting held on May 26, 2026 approved:

  • Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026
  • Recommendation of final dividend of ₹0.10 per equity share (10%) for the year ended March 31, 2026, subject to shareholder approval

Dividend Declaration

  • Type: Final dividend
  • Financial Year: 2025-2026
  • Amount: ₹0.10 per equity share (10%)
  • Face value: ₹1 per share
  • Subject to approval at the 44th Annual General Meeting

Financial Results (Consolidated)

For Quarter Ended March 31, 2026:

  • Total Income: ₹43,311.16 lakhs
  • Total Expenses: ₹40,927.80 lakhs
  • Profit before tax: ₹2,383.36 lakhs
  • Tax expense: ₹101.08 lakhs
  • Net profit after tax: ₹2,282.28 lakhs
  • Other Comprehensive Income: ₹3,538.57 lakhs
  • Total Comprehensive Income: ₹5,820.85 lakhs
  • Basic EPS: ₹0.86
  • Diluted EPS: ₹0.86

For Year Ended March 31, 2026:

  • Total Income: ₹1,40,419.34 lakhs
  • Total Expenses: ₹1,24,928.43 lakhs
  • Profit before exceptional items and tax: ₹15,490.91 lakhs
  • Exceptional Items: ₹54.13 lakhs (Statutory impact of new Labour Codes)
  • Profit before tax: ₹15,436.78 lakhs
  • Tax expense: ₹594.08 lakhs
  • Net profit after tax: ₹14,842.70 lakhs
  • Other Comprehensive Income: ₹6,679.17 lakhs
  • Total Comprehensive Income: ₹21,521.87 lakhs
  • Basic EPS: ₹5.57
  • Diluted EPS: ₹5.57

Consolidated Balance Sheet as at March 31, 2026:

  • Total Assets: ₹1,85,344.42 lakhs
  • Non-current assets: ₹82,304.91 lakhs
  • Current assets: ₹1,03,039.51 lakhs
  • Total Equity: ₹1,55,892.58 lakhs
  • Equity Share Capital: ₹2,666.10 lakhs
  • Other Equity: ₹1,53,226.48 lakhs
  • Non-current liabilities: ₹12,736.59 lakhs
  • Current liabilities: ₹16,715.25 lakhs

Consolidated Cash Flow for Year Ended March 31, 2026:

  • Net cash from operating activities: ₹3,962.22 lakhs
  • Net cash from investing activities: ₹4,941.72 lakhs
  • Net cash from financing activities: ₹(8,663.67) lakhs
  • Net increase in cash: ₹240.27 lakhs
  • Cash and cash equivalents at end: ₹999.77 lakhs

Financial Results (Standalone)

For Quarter Ended March 31, 2026:

  • Total Income: ₹13,026.86 lakhs
  • Total Expenses: ₹12,734.54 lakhs
  • Profit before tax: ₹292.32 lakhs
  • Tax expense: ₹101.08 lakhs
  • Net profit after tax: ₹191.23 lakhs
  • Other Comprehensive Income: ₹98.79 lakhs
  • Total Comprehensive Income: ₹290.03 lakhs
  • Basic EPS: ₹0.07
  • Diluted EPS: ₹0.07

For Year Ended March 31, 2026:

  • Total Income: ₹54,734.91 lakhs
  • Total Expenses: ₹52,679.03 lakhs
  • Profit before exceptional items and tax: ₹2,055.88 lakhs
  • Exceptional Items: ₹54.13 lakhs (Statutory impact of new Labour Codes)
  • Profit before tax: ₹2,001.74 lakhs
  • Tax expense: ₹594.08 lakhs
  • Net profit after tax: ₹1,407.66 lakhs
  • Other Comprehensive Income: ₹98.79 lakhs
  • Total Comprehensive Income: ₹1,506.45 lakhs
  • Basic EPS: ₹0.53
  • Diluted EPS: ₹0.53

Standalone Balance Sheet as at March 31, 2026:

  • Total Assets: ₹1,22,086.11 lakhs
  • Non-current assets: ₹88,653.68 lakhs
  • Current assets: ₹33,432.43 lakhs
  • Total Equity: ₹96,496.09 lakhs
  • Equity Share Capital: ₹2,666.09 lakhs
  • Other Equity: ₹93,830.01 lakhs
  • Non-current liabilities: ₹12,515.30 lakhs
  • Current liabilities: ₹13,074.71 lakhs

Standalone Cash Flow for Year Ended March 31, 2026:

  • Net cash from operating activities: ₹9,598.36 lakhs
  • Net cash from investing activities: ₹855.41 lakhs
  • Net cash from financing activities: ₹(8,187.42) lakhs
  • Net increase in cash: ₹2,266.35 lakhs

Consolidated Financial Results:

  • Auditor: Shah & Taparia Chartered Accountants (ICAI Firm Registration No.: 109463W)
  • Opinion: Unmodified opinion
  • Basis: Audit conducted in accordance with Standards on Auditing
  • The consolidated results include 3 foreign subsidiaries with total assets of ₹1,07,032.08 lakhs
  • Foreign subsidiaries contributed total income of ₹30,284.30 lakhs (quarter) and ₹85,684.43 lakhs (year)
  • Net profit after tax of foreign subsidiaries: ₹2,091.04 lakhs (quarter) and ₹13,435.03 lakhs (year)

Standalone Financial Results:

  • Auditor: Shah & Taparia Chartered Accountants (ICAI Firm Registration No.: 109463W)
  • Opinion: Unmodified opinion
  • Basis: Audit conducted in accordance with Standards on Auditing

Notes to Financial Results

1. The financial results were reviewed by the Audit Committee and approved by the Board on May 26, 2026

2. Prepared in accordance with Indian Accounting Standards (Ind AS)

3. Consolidated results include Responsive Industries Limited and its subsidiaries: Responsive Industries Limited (Hong Kong), Responsive Industries LLC (USA), and Axiom Cordages Limited (Hong Kong)

4. Single business segment: "Articles made out of PVC/Polymers"

5. Quarterly figures are balancing figures between audited full year and unaudited nine months figures

6. Final dividend of ₹0.10 per share recommended for FY2026

7. Comparative figures have been regrouped and reclassified where necessary

8. Previous year figures have been regrouped