Responsive Industries (NSE:RESPONIND) Current Ratio: 6.16 (As of Mar. 2026) — 213% Above Median


NSE:RESPONIND Responsive Industries Ltd NSE:RESPONIND
86 GF Score
Price ₹213.82
GF Value ₹291.74
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Responsive Industries Current Ratio?

Responsive Industries NSE:RESPONIND +0.45% 86 Current Ratio is 6.16 as of Mar. 2026, which is 213% above its 10-year median of 1.97. GuruFocus rates NSE:RESPONIND with a GF Score™ of 86/100 and a GF Value™ of ₹291.74 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,604 Chemicals companies, Responsive Industries ranks better than 90.9% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Responsive Industries's current ratio for the quarter that ended in Mar. 2026 was 6.16.

Responsive Industries has a current ratio of 6.16. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Responsive Industries's Current Ratio or its related term are showing as below:

NSE:RESPONIND' s Current Ratio Range Over the Past 10 Years
Min: 1.56   Med: 1.97   Max: 6.16
Current: 6.16

During the past 13 years, Responsive Industries's highest Current Ratio was 6.16. The lowest was 1.56. And the median was 1.97.

NSE:RESPONIND's Current Ratio is ranked better than
90.9% of 1604 companies
in the Chemicals industry
Industry Median: 1.89 vs NSE:RESPONIND: 6.16

Responsive Industries  (NSE:RESPONIND) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Responsive Industries Current Ratio Related Terms


Responsive Industries Current Ratio Historical Data

* Premium members only.

The historical data trend for Responsive Industries's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Responsive Industries Current Ratio Chart

Responsive Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 1.97 1.96 3.48 6.16

Responsive Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.48 0.00 3.99 0.00 6.16

NSE:RESPONIND vs LIN, SHW, ECL: Current Ratio Comparison

For the Specialty Chemicals subindustry, Responsive Industries's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Responsive Industries Current Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Responsive Industries's Current Ratio distribution charts can be found below:

* The bar in red indicates where Responsive Industries's Current Ratio falls into.


NSE:RESPONIND
86GF Score
Responsive Industries Ltd NSE:RESPONIND
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Responsive Industries Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Responsive Industries's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=10303.951/1671.525
=6.16

Responsive Industries's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=10303.951/1671.525
=6.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 6.16 mean?
Responsive Industries (NSE:RESPONIND) has a Current Ratio of 6.16 as of Mar. 2026. This is 213% above median its historical median of 1.97. Over the past decade, Responsive Industries' Current Ratio has ranged from 1.56 to 6.16. According to the industry distribution chart, Responsive Industries ranks #146 out of 1604 companies in the Chemicals industry, placing it in the top 9.1%.
Is Responsive Industries' Current Ratio too high?
Responsive Industries' current Current Ratio of 6.16 is 213% above median its 10-year median of 1.97. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 6.16. The Chemicals industry median Current Ratio is 1.89. Responsive Industries' value of 6.16 is 225.9% above this industry median. Based on the distribution chart, Responsive Industries ranks #146 out of 1604 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Responsive Industries has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Responsive Industries' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Responsive Industries ranks #146 out of 1604 companies for Current Ratio. This places Responsive Industries in the top 9% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.89. Responsive Industries' value of 6.16 is 225.9% above this benchmark. Historically, Responsive Industries' own Current Ratio has ranged from 1.56 to 6.16 over the past decade. While the company's 10-year median is 1.97 vs. the industry median of 1.89, Responsive Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,604 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Responsive Industries's current Current Ratio of 6.16 is 225.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Responsive Industries's current Current Ratio is 6.16, which is 213% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Responsive Industries stock overvalued right now?
Based on GuruFocus' analysis, Responsive Industries (NSE:RESPONIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹291.74, compared to a current price of ₹213.82 — trading 26.7% below its estimated fair value. The current Current Ratio is 6.16, which is 213% above median its 10-year median of 1.97 and 225.9% above the Chemicals industry median of 1.89. Responsive Industries' overall GF Score™ is 86/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Responsive Industries (NSE:RESPONIND), the current Current Ratio is 6.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Responsive Industries (NSE:RESPONIND) Overvalued in 2026?

Based on GuruFocus' analysis, Responsive Industries stock appears to be undervalued. The current stock price of ₹213.82 is trading 26.7% below its estimated GF Value™ of ₹291.74. GuruFocus considers Responsive Industries to be Modestly Undervalued.

Key valuation signals for NSE:RESPONIND:

  • Current Ratio: 6.16 (213% above median its 10-year median of 1.97)
  • GF Value™: ₹291.74 vs. price of ₹213.82 (26.7% below fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 225.9% above the Chemicals median (#146 of 1604)

No single metric tells the full story. See the NSE:RESPONIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Responsive Industries Business Description

Other Exchanges 505509:India
Address Mahagaon Road, Village Betegaon, Taluka Palghar, Boisar (East), Thane, MH, IND, 401501
Responsive Industries Ltd is a manufacturer and supplier of polyvinyl chloride (PVC)-based products. The Company produces and supplies products, including vinyl flooring, synthetic leather/ ropes, and luxury vinyl tile (LVT-SPC, waterproofing membranes (PVC covers). Geographically, it derives a majority of revenue from India. It serves hospitality, transportation, healthcare, IT and telecom, retail, sports infrastructure, education, and real estate.
86GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹213.82
Price
₹291.74
GF Value