Responsive Industries Limited

rs,

January 15, 2025 BSE Limited Corporate Relationship Manager, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 505509 National Stock Exchange of India Limited Ex

5 Million

customers Chinese subsidiary has manufacturing operations in China with an additional capacity of 5 Million sq.ft per month for Stone Plastic Composite (SPC) and Luxury Vinyl Plank (LVP) (FY24) Sales Mix

25%

ne Plastic Composite (SPC) and Luxury Vinyl Plank (LVP) (FY24) Sales Mix (%) Product Portfolio 25% 75% Domestic Exports Vinyl Flooring Synthetic Ropes Sheet Vinyl Rolling Waterproof Membr

75%

astic Composite (SPC) and Luxury Vinyl Plank (LVP) (FY24) Sales Mix (%) Product Portfolio 25% 75% Domestic Exports Vinyl Flooring Synthetic Ropes Sheet Vinyl Rolling Waterproof Membrane

60%

Waterproof Membrane Synthetic Leather 5,000+ SKUs 65 Acre Factory 1,000 Projects Completed 60% CAGR PAT Growth (FY20-FY24) 20%+ EBITDA Margin (FY24) Page 4 Page 4 Journey from Inception

20%

Leather 5,000+ SKUs 65 Acre Factory 1,000 Projects Completed 60% CAGR PAT Growth (FY20-FY24) 20%+ EBITDA Margin (FY24) Page 4 Page 4 Journey from Inception to Leading Player Foray into Inter

100%

5 Mn in ECB and balance as equity) capacity expansion to cater to global demands 2019: Launched 100% waterproof Luxury Vinyl Plank under the "IMPACT" brand 2020: Set up a distribution centre in U

3%

rtunity LVP & SPC market size in USA is projected to reach USD 7.2 Bn by FY27; even if we capture 3% of the market, the opportunity is around USD 220 Mn Focus on Value Added Products The company is

50%

aintain 20%+ EBITDA Margin Improving Utilization Levels Currently the company is operating at ~50% utilization levels which will improve in coming years; thus, improving the return ratios Strong

7.2 Billion

go big to launch LVP products under their own brand in domestic market Page 10 1 Stellar USD 7.2 Billion Opportunity Ahead Exports (Rs. Crores) 397 386 285 188 FY21 FY22 FY23 FY24 Achieved Rs. 3

Rs. 386

llion Opportunity Ahead Exports (Rs. Crores) 397 386 285 188 FY21 FY22 FY23 FY24 Achieved Rs. 386 Cr Sales at Current Utilization of ~50%; Huge Potential Ahead There is significant growth potent

4.6 Billion

against laminate, hardwood, carpet, engineered wood, marble, stone tile, and carpet tiles. USD 4.6 Billion USD 7.2 Billion FY21 Source: Imarc Report FY27E USA Market Prediction Page 11 2 Cutting-Edg

“104,000 Cr in 2026E, with a CAGR of 6.6%.”

High

1

Market growth drivers includes

1

For further details please contact

1

High

5,000 sq.ft a day Wooden Flooring Laminates Vitrified Tiles Ceramic Tiles Stone Tiles Natural Marble Medium Medium Low Low Low Low Application: Application in Commercial and Residential Durability High Medium Medium Medium High High High Product Range: SPC Click System, SPC Loose Lay, LVT Wet-Dry Pack, LVT Click System and LVT Loose Lay Easy Installation: Instant drop-click installation with I4F & UNILIN Patents Substitute for carpet tiles, wooden flooring, engineered wood, laminates, vitrified tiles, ceramic tiles, stone tiles and natural marble; can replicate the look and feel of wood, stone, marble, carpet tiles and terrazzo tiles. Ease in maintenance Recyclable Ease in handling heavy foot traffic High Low Medium Medium Medium High Medium Yes (100%) No Yes (30%) No No No No High Medium Medium High High Medium Medium Pricing (MRP / sq. ft) INR 180- 250 INR 400- 550 INR 100- 400 INR 80- 350 INR 150- 400 INR 100- 300 INR 900- 2,000 Average life (years) 25 5-8 5-8 10-15 10-15 15-20 15-2

Market growth drivers includes

Rapid urbanization, Real estate market revival, Digital influence on home décor trends, and Innovative vinyl flooring products *Source: Economic Times Growing demand for vinyl floorings in the railways and buses Indian government focuses on public transport growth, targeting railways, metros, and buses Page 31 Industry Outlook Page 32 Huge Market Opportunity in India ~40,000 Bogies into Vande Bharat Standards To improve passenger safety, convenience, and comfort, 40,000 standard rail bogies will be converted to Vande Bharat standards USD 1 Trillion Indian Real Estate Market Indian Real Estate Market is Expected to Reach USD 1 Trillion by 2023E USD 4.1 Billion flooring market by 2030 In value terms, the Indian Luxury Vinyl Tile flooring market is expected to reach a value of USD 4.1 Bn by 2030E USD 32 Billion CAPEX in Railways For FY 2024-25, the government has allocated record CAPEX of Rs. 2,62,200 Cr (USD 31.7 Bn) for Railways USD 194 Billion Indian Hospital Market by 2032 India's hos

For further details please contact

Vikash Verma / Abhishek Bhatt / Shrishti Tandon Ernst & Young LLP : vikash.verma1@in.ey.com : abhishek.bhatt3@in.ey.com : shrishti.tandon@in.ey.com