Responsive Industries Limited

rs,

February 10, 2025 BSE Limited Corporate Relationship Manager, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 505509 National Stock Exchange of India Limited Ex

37.9%

Y F M 9 Total Income (₹ Cr) EBITDA (₹ Cr) and EBITDA Margin (%) PAT (₹ Cr) and PAT Margin (%) 37.9% YoY 370.5 268.7 10.4% YoY 25.3% 67.9 20.2% 75.0 100 95 90 85 80 75 70 65 60 55 50

10.4%

Cr) EBITDA (₹ Cr) and EBITDA Margin (%) PAT (₹ Cr) and PAT Margin (%) 37.9% YoY 370.5 268.7 10.4% YoY 25.3% 67.9 20.2% 75.0 100 95 90 85 80 75 70 65 60 55 50 45 40 35 30 25 20

25.3%

A (₹ Cr) and EBITDA Margin (%) PAT (₹ Cr) and PAT Margin (%) 37.9% YoY 370.5 268.7 10.4% YoY 25.3% 67.9 20.2% 75.0 100 95 90 85 80 75 70 65 60 55 50 45 40 35 30 25 20 15 10 5

20.2%

EBITDA Margin (%) PAT (₹ Cr) and PAT Margin (%) 37.9% YoY 370.5 268.7 10.4% YoY 25.3% 67.9 20.2% 75.0 100 95 90 85 80 75 70 65 60 55 50 45 40 35 30 25 20 15 10 5 0 5.0% YoY

5.0%

.9 20.2% 75.0 100 95 90 85 80 75 70 65 60 55 50 45 40 35 30 25 20 15 10 5 0 5.0% YoY 16.6% 12.7% 44.7 47.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 Q3FY24 Q3FY25 Q3FY24 Q3F

16.6%

75.0 100 95 90 85 80 75 70 65 60 55 50 45 40 35 30 25 20 15 10 5 0 5.0% YoY 16.6% 12.7% 44.7 47.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24

12.7%

100 95 90 85 80 75 70 65 60 55 50 45 40 35 30 25 20 15 10 5 0 5.0% YoY 16.6% 12.7% 44.7 47.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY2

29.2%

4 Q3FY25 Total Income (₹ Cr) EBITDA (₹ Cr) and EBITDA Margin (%) PAT (₹ Cr) and PAT Margin (%) 29.2% YoY 20.2% YoY 25.3% YoY 1,044.2 808.2 23.0% 185.5 21.4% 223.0 250 200 150 100 50 0 9

23.0%

EBITDA Margin (%) PAT (₹ Cr) and PAT Margin (%) 29.2% YoY 20.2% YoY 25.3% YoY 1,044.2 808.2 23.0% 185.5 21.4% 223.0 250 200 150 100 50 0 9MFY24 9MFY25 9MFY24 9MFY25 14.3% 115.4 13.8

21.4%

(%) PAT (₹ Cr) and PAT Margin (%) 29.2% YoY 20.2% YoY 25.3% YoY 1,044.2 808.2 23.0% 185.5 21.4% 223.0 250 200 150 100 50 0 9MFY24 9MFY25 9MFY24 9MFY25 14.3% 115.4 13.8% 144.6 160.

14.3%

44.2 808.2 23.0% 185.5 21.4% 223.0 250 200 150 100 50 0 9MFY24 9MFY25 9MFY24 9MFY25 14.3% 115.4 13.8% 144.6 160.0 140.0 120.0 100.0 80.0 60.0 40.0 20.0 0.0 9MFY24 9MFY25 Page

“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 34 Industry Outlook Page 35 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