Symphony Ltd

Symphony is in the field of residential, commercial and industrial air cooling both in the domestic and international markets.

Pros:
Company is expected to give good quarter
Company has a good return on equity (ROE) track record: 3 Years ROE 29.29%
Company has been maintaining a healthy dividend payout of 23.13%
Cons:
Stock is trading at 13.40 times its book value
Debtor days have increased from 32.80 to 45.30 days

Peer Comparison Sector: Consumer Durables // Industry: Domestic Appliances

Loading peers table ...

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Jun 2015 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019
151 190 212 219 177 146 223 240 235 292
122 162 149 140 127 129 180 197 206 254
Operating Profit 29 28 63 79 50 17 43 43 29 38
OPM % 19% 15% 30% 36% 28% 12% 19% 18% 12% 13%
Other Income 11 20 11 15 8 6 5 13 -9 12
Interest 0 0 1 0 1 0 1 3 3 3
Depreciation 1 2 1 2 2 2 3 2 3 6
Profit before tax 39 46 72 92 55 21 44 51 14 41
Tax % 17% 15% 31% 29% 29% 5% 30% 27% 79% 20%
Net Profit 32 39 50 65 39 20 31 37 4 33
EPS in Rs 4.59 5.61 7.04 9.32 5.55 2.91 4.39 5.29 0.49 4.80
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Jun 2008 Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
66 113 171 267 290 347 487 525 446 764 798 844 990
52 76 118 195 217 268 363 393 309 565 579 711 837
Operating Profit 14 37 53 73 73 79 124 132 136 199 220 132 153
OPM % 21% 32% 31% 27% 25% 23% 25% 25% 31% 26% 28% 16% 15%
Other Income 1 24 4 9 6 17 16 34 33 43 54 16 21
Interest 0 0 1 0 1 1 0 1 0 1 2 8 10
Depreciation 1 1 1 5 5 4 4 4 4 7 7 10 14
Profit before tax 14 59 55 76 73 91 135 161 165 235 265 130 150
Tax % 14% 27% 33% 32% 27% 34% 22% 28% 28% 29% 27% 30%
Net Profit 12 43 37 51 53 60 106 116 118 166 193 92 105
EPS in Rs 1.73 6.17 5.24 7.15 7.14 8.04 14.01 15.15 14.38 23.77 27.53 13.19 14.97
Dividend Payout % 0% 2% 5% 14% 36% 38% 43% 42% 74% 19% 16% 34%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:%
5 Years:19.45%
3 Years:23.72%
TTM:31.30%
Compounded Profit Growth
10 Years:%
5 Years:12.80%
3 Years:-0.05%
TTM:-39.66%
Stock Price CAGR
10 Years:58.98%
5 Years:11.73%
3 Years:3.91%
1 Year:28.26%
Return on Equity
10 Years:%
5 Years:31.83%
3 Years:29.29%
Last Year:16.95%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Jun 2008 Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
7 7 7 7 7 7 7 7 7 14 14 14
Reserves 2 44 79 146 182 215 269 299 312 451 598 652
Borrowings 4 0 0 0 7 0 0 0 0 19 26 188
26 29 23 61 81 94 118 117 104 121 120 220
Total Liabilities 38 80 110 213 278 316 394 423 423 606 758 1,074
6 7 13 70 70 70 70 68 77 79 82 237
CWIP 0 0 0 0 0 4 8 0 3 0 0 6
Investments 3 31 53 12 62 99 199 242 162 292 422 458
29 42 43 131 146 144 117 112 180 235 253 372
Total Assets 38 80 110 213 278 316 394 423 423 606 758 1,074

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Jun 2008 Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
24 16 31 -1 84 67 90 104 89 95 107 140
-4 -27 -28 18 -88 -34 -60 -37 70 -65 -102 -250
-5 -3 -2 -16 5 -30 -33 -66 -145 -5 -29 118
Net Cash Flow 16 -15 1 2 1 4 -3 1 13 25 -25 7

Ratios Consolidated Figures in Rs. Crores / View Standalone

Jun 2008 Jun 2009 Jun 2010 Jun 2011 Jun 2012 Jun 2013 Jun 2014 Jun 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
ROCE % 167% 124% 81% 67% 42% 43% 54% 50% 51% 58% 46% 22%
Debtor Days 12 38 26 53 53 40 31 23 38 25 28 45
Inventory Turnover 16.45 31.41 35.85 7.02 5.15 8.07 11.95 12.48 9.52 11.55 10.18 8.48