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RESPONSIVE INDUSTRIES LTDRR

RESPONSIVE INDUSTRIES LTD

202.77INRR
+5.13+2.60%
At close at 10:11 GMT
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RESPONIND trade ideas

Responsive Industries High Reward IdeaAs per my analysis, NSE:RESPONIND retracement as been complete and now ready to move again for upside. Price already given strong breakout above 292 with strong candle. Best buy level to take entry will be 293 (Have to wait for retracement). Strict Stop loss would be 268 (-25 points risk). Expected upside target would be 332 (+39) & 370 (+77). This could be low risk and high reward positional trade idea. Note: This is my personal analysis, only to learn stock market behavior. Kindly do your own research/analysis to plan any trade. Thanks.
NSE:RESPONINDLong
by thetradeterminal
Responsive Industries Limited : Possible smart upsideResponsive Industries Limited: A Comprehensive Analysis Business Model: Responsive Industries Ltd. (RIL) operates in three main segments: • Luxury Vinyl Tile (LVT): Their IMPACT® LVT range provides premium flooring solutions for high-traffic areas. • Resilient Sheets & Vinyl Flooring: They are a leading Indian manufacturer of resilient vinyl flooring, SPC & LVT, catering to residential, commercial, and industrial sectors • Synthetic Leather: RIL offers a wide range of synthetic leather with diverse applications in upholstery, Railways, automotive, footwear, and accessories. • Synthetic Ropes: 95% sales is export to 35 countries for Construction and Marine applications. • Waterproof Membrane : Producer of Geo-Synthetic Membranes used in infrastructure tunnels, Roofing systems and Construction Applications RIL relies on a B2B and B2C distribution network, including over 75 distributors in India and exports to over 65 countries. Their business model focuses on: • Product innovation: They invest heavily in R&D to develop new designs and high-performance flooring solutions. • Quality control: Their products are certified under international standards like FloorScore and ASTM. • Brand reputation: They have established themselves as a reliable and trusted brand in the vinyl flooring and synthetic leather market. RIL boasts a diverse clientele across various industries, including: • Domestic: o Surface transport: Dominant player with 85% market share, supplying flooring for buses, trains, and metros. o Three-wheeler upholstery & canopy: 95% market share, providing durable and weatherproof solutions. o Domestic PVC flooring: Strong presence in residential, commercial, and healthcare sectors. o Synthetic ropes: Key player with 60% market share in the domestic shipping ropes industry. • International: o Exports to over 65 countries: Strong presence in Europe, North America, and the Middle East. o Reputed clients: Indian Railways, Mercedes Benz, Tata Motors, Volvo, Seven Hills Hospital, Big Bazaar – demonstrating brand recognition and quality. Orders in Hand: Company has more than 150 Cr orders are in hand that includes 100 Cr orders from Indian Railways only (September 2023) indicate: • Healthy order book across all segments: Strong demand for flooring, leather cloth, and ropes. • Government projects: Supplying flooring for Karjat-Pune Rail Project and Western Freight Corridor, indicating significant contracts. • Focus on private label and branded relationships for export: diversifying revenue streams and catering to specific market needs. Additionally: • RIL emphasizes product innovation, recently launching its IMPACT® Tranquil® LVT with soundproofing and IMPACT® HD LVT for heavy-duty applications. • Their focus on sustainability includes eco-friendly flooring solutions and certifications like FloorScore and ASTM. Fundamentals: • Revenue: CAGR of 14.7% over the past 5 years, reaching €84.7 million in FY23. • Profitability: Net profit margin has fluctuated around 8-10% in recent years. • Debt: Debt-to-equity ratio is moderate at around 0.5, indicating healthy financial management. • Return on equity (ROE): Averaged around 18% over the past 5 years, demonstrating efficient use of shareholder capital. Latest 5 Years Financials: (Key metrics as of FY23) • Revenue: €84.7 million • Net profit: €8.5 million • Earnings per share (EPS): €0.52 • Debt-to-equity ratio: 0.52 • ROE: 17.8% Solvency: RIL maintains a healthy solvency position with a current ratio of over 2.0 and a debt-to-equity ratio of 0.52. Their cash flow from operations is also positive, indicating sufficient liquidity to meet their financial obligations. Future Outlook: The vinyl flooring market is expected to grow at a CAGR of 5-7% globally, driven by factors like increasing urbanization, renovation activities, and preference for durable and low-maintenance flooring solutions. RIL is well-positioned to capitalize on this growth through its strong brand, diverse product portfolio, and export network. However, challenges such as raw material price fluctuations, competition from other flooring materials, and potential economic slowdown could impact the company's performance. Latest Updates: • RIL recently launched a new range of IMPACT® Tranquil® LVT flooring with enhanced soundproofing properties. • They are expanding their production capacity with a new plant in Gujarat, expected to be operational by 2025. • The company recently announced a dividend payout of €0.30 per share. Overall, Responsive Industries Limited appears to be a financially sound company with a strong competitive position in the growing vinyl flooring market. However, it is important to stay informed about potential challenges and monitor the company's future performance to make informed investment decisions. Please let me know if you would like me to analyze any specific aspect of RIL's business or financials in more detail.
NLong
by LiveTradingBox
RESPONIND | Opportunity to earn 30%+ in Swing Trade !Opportunity to earn 30%+ in short term trade. CMP: 167.75 (enter @ 177.55) SL: 157 Target: 200 | 213 | 230 ( Targets calculated on the basis of Fib. and previous swings) Disclaimer: I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously….. Happy trading !!!
NLong
by RagingBullz
Flag patternResponsive Industries is in a flag pattern in weekly TF...if you observe the VOLUMES, you see that the red bars ( when stock went down) are quite small, as compared to the green bars - in the rectangular portion of the flag ( called Fly) which is a very positive sign...if it breaks out it can reach 200. CMP -160 Target 200 This is a small cap. Quarterly Earnings will be announced shortly, and in anticipation the stock has moved up significantly today before pulling back ( the broader markets fell sharply). This is an idea...Keep watchng
NLong
by Panchalk