Symphony Ltd

AI

Symphony Ltd

₹ 512 0.23%
06 Nov - close price
About

Symphony was established in 1988, in Ahmedabad, India. The company is engaged in the manufacturing and trading of residential, commercial, and industrial air coolers in the domestic and international markets. It is the largest air cooler manufacturer in the world. [1]
97% of the revenue comes from the sale of Air coolers.[2]

Key Points

Business Profile[1][2]
Symphony is a global leader in evaporative air cooling offering a diverse range of household, commercial, and industrial air coolers. As of 9M25, the company holds 97+ designs, 20+ copyrights, 55+ patents(22 applied in FY24), and 417+ trademarks, with 27.5+ million air coolers sold worldwide.

  • Market Cap ₹ 3,516 Cr.
  • Current Price ₹ 512
  • High / Low ₹ 970 / 476
  • Stock P/E
  • Book Value ₹ 82.4
  • Dividend Yield 1.76 %
  • ROCE 20.6 %
  • ROE 2.96 %
  • Face Value ₹ 2.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 19.6%

Cons

  • The company has delivered a poor sales growth of 4.67% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
275 247 332 393 289 242 488 251 210 233 338 378 275
234 203 275 306 212 213 381 225 196 209 288 332 239
Operating Profit 41 44 57 87 77 29 107 26 14 24 50 46 36
OPM % 15% 18% 17% 22% 27% 12% 22% 10% 7% 10% 15% 12% 13%
11 15 9 9 4 -39 11 29 17 12 -196 13 9
Interest 2 3 2 0 0 2 3 0 5 4 5 3 1
Depreciation 7 6 6 2 2 6 5 2 5 5 6 6 6
Profit before tax 43 50 58 94 79 -18 110 53 21 27 -157 50 38
Tax % 19% 18% 17% 6% 29% -44% 28% 21% 19% 30% 39% 20% 37%
35 41 48 88 56 -10 79 42 17 19 -218 40 24
EPS in Rs 5.08 5.95 6.96 12.76 8.15 -1.46 11.50 6.12 2.48 2.77 -31.75 5.82 3.49
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
525 446 764 798 844 1,103 900 1,039 1,188 1,156 1,576 1,130 1,224
393 309 565 579 711 889 759 877 1,048 985 1,264 1,005 1,068
Operating Profit 132 136 199 220 133 213 140 162 140 171 312 126 156
OPM % 25% 31% 26% 28% 16% 19% 16% 16% 12% 15% 20% 11% 13%
34 33 43 54 15 51 24 40 50 48 1 -147 -162
Interest 1 0 1 2 8 13 12 10 12 12 11 18 13
Depreciation 4 4 7 7 10 21 21 24 26 26 22 20 23
Profit before tax 161 165 235 265 130 230 131 168 152 181 280 -59 -42
Tax % 28% 28% 29% 27% 30% 21% 18% 28% 24% 18% 24% 138%
116 118 166 193 92 182 107 121 116 148 212 -141 -135
EPS in Rs 16.56 16.91 23.77 27.52 13.19 25.94 15.34 17.20 16.64 21.48 30.94 -20.54 -19.67
Dividend Payout % 42% 74% 19% 16% 34% 89% 33% 52% 30% 61% 42% -44%
Compounded Sales Growth
10 Years: 10%
5 Years: 5%
3 Years: -2%
TTM: 3%
Compounded Profit Growth
10 Years: -16%
5 Years: -30%
3 Years: -45%
TTM: -101%
Stock Price CAGR
10 Years: -9%
5 Years: -13%
3 Years: -16%
1 Year: -45%
Return on Equity
10 Years: 21%
5 Years: 17%
3 Years: 18%
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 7 7 14 14 14 14 14 14 14 14 14 14 14
Reserves 299 312 451 598 652 625 745 825 867 735 747 531 552
0 0 19 26 188 210 219 254 232 170 142 173 46
116 104 121 119 211 215 236 267 281 291 419 312 384
Total Liabilities 423 422 605 757 1,065 1,064 1,214 1,361 1,394 1,210 1,322 1,030 996
68 77 79 82 237 318 354 355 351 327 322 171 170
CWIP 0 3 0 0 6 2 0 0 0 0 0 0 0
Investments 242 162 292 422 458 412 484 500 527 373 440 268 452
112 180 234 252 363 332 375 506 516 510 560 590 374
Total Assets 423 422 605 757 1,065 1,064 1,214 1,361 1,394 1,210 1,322 1,030 996

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
104 89 95 107 140 157 89 57 125 162 259 -81
-37 70 -65 -102 -250 78 -53 6 -12 193 -41 190
-66 -145 -5 -29 118 -241 -21 -34 -124 -367 -224 -95
Net Cash Flow 1 13 25 -25 7 -6 14 29 -10 -12 -6 14
Free Cash Flow 90 84 88 108 131 140 73 48 114 156 237 -96
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 115% 95% 82% 78% 138% 100% 88% 58% 128% 120% 108% -26%

Ratios

Consolidated / View Standalone

Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 23 38 25 28 45 40 67 73 35 53 33 49
Inventory Days 70 100 77 75 96 74 87 111 137 140 129 193
Days Payable 61 90 55 55 104 72 100 95 91 81 82 79
Cash Conversion Cycle 32 48 48 48 38 42 55 88 81 112 81 162
Working Capital Days -3 29 23 41 10 -1 22 26 15 17 -14 23
ROCE % 50% 51% 58% 46% 22% 29% 16% 17% 15% 19% 37% 21%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
New Product Models Launched
count

Log in to view insights

Please log in to see hidden values.

Login
GSK China Revenue
INR Crore
IMPCO Mexico Revenue
INR Crore
Climate Technologies (Australia) Revenue
INR Crore
Permanent Employees
count ・Standalone data
Distributor Network and Touchpoints
count ・Standalone data
BISP / Round-The-Year Portfolio Revenue (Standalone)
INR Crore ・Standalone data
IPRs Registered (Annual)
count
Bonaire USA Revenue
INR Crore
R&D Expenditure (Percentage of Turnover)
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
73.38% 73.38% 73.38% 73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.42% 73.42%
3.40% 3.32% 4.83% 6.11% 6.78% 6.17% 6.47% 5.98% 5.30% 3.28% 2.43% 2.20%
11.03% 10.27% 9.98% 8.96% 8.45% 8.68% 8.60% 8.84% 8.74% 8.72% 8.47% 7.18%
12.17% 13.02% 11.80% 11.51% 11.33% 11.71% 11.49% 11.77% 12.51% 14.57% 15.65% 17.19%
No. of Shareholders 67,66072,43954,9602,02,2291,48,9741,40,6371,38,8101,36,7781,35,0231,37,4671,36,5861,39,508

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls