Symphony

Who are in the management team of Symphony?

As of March 2023, the management team of Symphony includes Achal Bakeri (Chairman & Managing Director), Nrupesh Shah (Managing Director), Amit Kumar (Executive Director & CEO), and several non-executive and independent directors. This team is responsible for the company's governance and management.

As of March 2023, the management team of Symphony includes:<BR><BR>1. Achal Bakeri - Chairman & Managing Director<BR>2. Nrupesh Shah - Managing Director and also serves as Executive Director<BR>3. Jonaki Bakeri - Non-Executive & Non-Independent Director<BR>4. Naishadh Parikh - Non-Executive & Independent Director<BR>5. Mayur Barvadiya - Company Secretary & Compliance Officer<BR>6. Ashish Deshpande - Non-Executive & Independent Director<BR>7. Reena P Bhagwati - Non-Executive & Independent Director<BR>8. Santosh Nema - Non-Executive & Independent Director<BR>9. Amit Kumar - Executive Director & CEO<BR><BR>This team plays a crucial role in the governance and management of the company.

What does Symphony do?

Symphony Ltd. is a leading manufacturer of residential and commercial air cooling solutions, with a market cap of Rs 7,942 Cr and reported net sales of 488 Cr and net profit of 79 Cr for March 2025. The company operates in the Electronics & Appliances industry and has a P/E ratio of 48.00.

Overview:<BR>Symphony Ltd. provides residential, mobile commercial, packaged, and central air cooling solutions and operates in the Electronics & Appliances industry within the mid-cap market.<BR><BR>History:<BR>Incorporated in 1988 as Symphony Comfort Systems Ltd., the company was promoted by Achal Anil Bakeri. It is the world's largest manufacturer of residential, commercial, and industrial air coolers. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 488 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 79 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 7,942 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 48.00 <BR>Industry P/E: 47 <BR>Dividend Yield: 1.12% <BR>Debt-Equity: -0.07 <BR>Return on Equity: 21.94% <BR>Price to Book: 10.53 <BR><BR>Contact Details:<BR>Address: Symphony House 3rd Flr FP-12, TP-50 Bodakdev Off SG Highway Ahmedabad Gujarat : 380054 <BR>Tel: 91-079-66211111 <BR>Email: investors@symphonylimited.com <BR>Website: http://www.symphonylimited.com

What is the bonus history of the Symphony?

Symphony Ltd. announced a 1:1 bonus issue on September 14, 2016, with a record date of September 15, 2016, allowing shareholders to receive one additional share for each share held.

Symphony Ltd. has a bonus history that includes a 1:1 bonus issue announced on September 14, 2016. The record date for this bonus was September 15, 2016. This means that shareholders received one additional share for every share they held as of the record date. If you have any more questions about Symphony or need further details, feel free to ask!

Who are the peers of the Symphony?

Symphony's peers include Havells India, Dixon Technologies, Voltas, Blue Star, Crompton Greaves Consumer, Bajaj Electricals, IFB Industries, Orient Electric, and Johnson Controls Hit. In terms of management risk, growth, and capital structure, Dixon Technologies and Blue Star excel, while Bajaj Electrical shows the lowest returns.

Peers: The peers of Symphony are Havells India, Dixon Technolog., Voltas, Blue Star, Crompton Gr. Con, Bajaj Electrical, IFB Industries, Orient Electric, Johnson Con. Hit.<BR><BR>Quality Snapshot: Excellent management risk is observed at Dixon Technolog., Crompton Gr. Con, and Hawkins Cookers, while Good management risk is found at Havells India, Blue Star, Symphony, and Orient Electric. Average management risk is present at Voltas, Bajaj Electrical, and IFB Industries, while Below Average management risk is noted at Johnson Con. Hit. In terms of Growth, Excellent growth is seen at Dixon Technolog. and Blue Star, while Good growth is noted at IFB Industries. Average growth is found at Voltas, and Below Average growth is observed at Crompton Gr. Con, Symphony, Bajaj Electrical, Orient Electric, and the rest. For Capital Structure, Excellent capital structure is noted at Havells India, Voltas, Blue Star, Crompton Gr. Con, Symphony, and Orient Electric, while Good capital structure is found at Dixon Technolog., Bajaj Electrical, IFB Industries, and Johnson Con. Hit.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dixon Technolog. at 46.65%, while the lowest is Bajaj Electrical at -28.64%. Symphony's own 1-year return is 13.02%, which is significantly higher than Bajaj Electrical but lower than Dixon Technolog. Additionally, the six-month return is negative for Havells India, Voltas, Blue Star, Crompton Gr. Con, Bajaj Electrical, and Johnson Con. Hit.

Who are the top shareholders of the Symphony?

The top shareholders of Symphony include promoter Achal Anil Bakeri with 41.93%, mutual funds at 8.32%, foreign institutional investors at 6.47%, and HDFC Mutual Fund as the largest public shareholder with 7.1%. Individual investors hold 6.41% of the shares.

The top shareholders of Symphony include the promoters, who hold the majority of the shares. Achal Anil Bakeri is the promoter with the highest holding at 41.93%. Additionally, mutual funds collectively hold 8.32% of the company through 10 schemes, while foreign institutional investors (FIIs) own 6.47% through 147 different entities. The highest public shareholder is HDFC Mutual Fund, which holds 7.1%. Individual investors account for 6.41% of the total shareholding.

How big is Symphony?

As of 24th July, Symphony Ltd. has a market capitalization of 7,796.00 Cr, with recent Net Sales of 1,576.00 Cr and a Net Profit of 213.00 Cr. The company has Shareholder's Funds of 760.54 Cr and Total Assets of 1,286.47 Cr.

As of 24th July, Symphony Ltd. has a market capitalization of 7,796.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Symphony reported Net Sales of 1,576.00 Cr and a Net Profit of 213.00 Cr.<BR><BR>For the latest annual period ending March 2025, the company has Shareholder's Funds amounting to 760.54 Cr and Total Assets of 1,286.47 Cr.

Is Symphony overvalued or undervalued?

As of November 21, 2025, Symphony is considered very expensive with a PE ratio of 71.70 and poor stock performance, significantly overvalued compared to competitors like Whirlpool India and Eureka Forbes.

As of 21 November 2025, Symphony's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently deemed overvalued, with a PE ratio of 71.70, a Price to Book Value of 7.71, and an EV to EBITDA of 32.34. These ratios suggest that Symphony's stock price is not justified by its earnings or book value relative to its peers.<BR><BR>In comparison to notable competitors, Whirlpool India has a PE ratio of 44.33 and an EV to EBITDA of 23.85, while Eureka Forbes shows a PE of 61.05 and an EV to EBITDA of 37.55, both of which are significantly lower than Symphony's metrics. Additionally, Symphony's recent stock performance has been poor, with a year-to-date return of -34.86% compared to a 9.08% gain in the Sensex, reinforcing the notion that the stock is overvalued in the current market environment.

Is Symphony technically bullish or bearish?

As of November 28, 2025, the market trend is mildly bearish due to mixed indicators, with weekly momentum showing some bullish signs while longer-term metrics remain bearish.

As of 28 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by mixed indicators across different time frames. The weekly MACD and KST are mildly bullish, while the monthly MACD, Bollinger Bands, and moving averages indicate bearish conditions. The RSI shows bullish momentum on both weekly and monthly charts, but overall, the Dow Theory and OBV are mildly bearish. The stock's recent performance has been weak compared to the Sensex, particularly over the longer term, which adds to the bearish sentiment.

How has been the historical performance of Symphony?

Symphony has shown consistent growth in net sales and profitability, with net sales increasing from 900 Cr in March 2021 to 1,256 Cr in March 2025, and profit after tax rising from 107 Cr to 211 Cr during the same period. The company's earnings per share also doubled from 15.29 to 30.43, reflecting strong financial performance.

Answer:<BR>The historical performance of Symphony shows a consistent growth trajectory in net sales and profitability over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Symphony's net sales increased from 900.00 Cr in March 2021 to 1,256.00 Cr in March 2025, reflecting a steady upward trend. Total operating income followed a similar pattern, rising from 844.00 Cr in March 2019 to 1,256.00 Cr in March 2025. The company's operating profit (PBDIT) also saw significant growth, reaching 340.00 Cr in March 2025 compared to 170.00 Cr in March 2021. Profit before tax improved from 131.00 Cr in March 2021 to 284.00 Cr in March 2025, while profit after tax rose from 107.00 Cr to 211.00 Cr over the same period. The earnings per share (EPS) increased from 15.29 in March 2021 to 30.43 in March 2025, indicating enhanced shareholder value. On the balance sheet, total assets grew from 1,064.28 Cr in March 2020 to 1,286.47 Cr in March 2025, while total liabilities increased from 1,064.28 Cr to 1,286.47 Cr during the same timeframe. Cash flow from operating activities improved significantly, reaching 258.00 Cr in March 2025, up from 88.00 Cr in March 2021. Overall, Symphony has demonstrated strong financial performance with increasing revenues, profits, and a solid asset base.

When is the next results date for Symphony Ltd.?

The next results date for Symphony Ltd. is 28 January 2026.

The next results date for Symphony Ltd. is scheduled for 28 January 2026.

Are Symphony Ltd latest results good or bad?

Symphony Ltd's latest results show a mixed performance: while net profit increased by 5.26% and net sales grew by 9.82% quarter-on-quarter, year-on-year comparisons reveal a troubling 300% drop in profit and a 26.03% decline in sales, indicating ongoing challenges in the air cooling segment. Overall, the results raise concerns about the sustainability of profitability despite some positive sequential improvements.

Symphony Ltd's latest results present a mixed picture. On one hand, the company reported a consolidated net profit of ₹20.00 crores for Q3 FY26, which is a 5.26% increase compared to the previous quarter. Additionally, net sales grew by 9.82% quarter-on-quarter, reaching ₹179.00 crores. Operating margins also improved, with a margin of 16.20%, up from 14.72% in the previous quarter.<BR><BR>However, the year-on-year comparisons reveal significant challenges. Net profit has plummeted by 300% compared to the same quarter last year, and net sales are down 26.03% year-on-year. This marks the third consecutive quarter of double-digit revenue decline, indicating persistent demand weakness in the air cooling segment. <BR><BR>While the company has managed to improve its margins through effective cost management, the ongoing decline in sales raises concerns about the sustainability of its profitability. The operational challenges suggest that Symphony is facing structural issues rather than temporary cyclical headwinds.<BR><BR>In summary, while there are positive signs in terms of sequential profit growth and margin improvements, the substantial year-on-year declines in both profit and sales indicate that the overall results are concerning and reflect ongoing difficulties in the company's core business.

Has Symphony Ltd declared dividend?

Yes, Symphony Ltd has declared a 100% dividend with an ex-date of February 3, 2026, and a dividend yield of 1.37%. However, the company has experienced negative total returns across various periods, indicating challenges in its performance despite the dividend payouts.

Symphony Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Ex-date: 03 Feb 26<BR><BR>Dividend Yield: 1.37%.<BR><BR>Total Returns by Period:<BR>In the last 3 months, Symphony Ltd experienced a price return of -2.36%, a dividend return of 0.32%, resulting in a total return of -2.04%.<BR><BR>Over the past 6 months, the company saw a price return of -19.53%, a dividend return of 0.38%, leading to a total return of -19.15%.<BR><BR>In the 1-year period, the price return was -27.88%, with a dividend return of 0.98%, culminating in a total return of -26.9%.<BR><BR>For the 2-year period, the price return was -1.77%, while the dividend return was 2.70%, resulting in a total return of 0.93%.<BR><BR>In the last 3 years, Symphony Ltd reported a price return of -4.58%, a dividend return of 2.95%, which led to a total return of -1.63%.<BR><BR>Over the 4-year period, the company had a price return of -7.63%, a dividend return of 4.22%, resulting in a total return of -3.41%.<BR><BR>Finally, in the 5-year period, the price return was -8.79%, with a dividend return of 4.46%, resulting in a total return of -4.33%.<BR><BR>Overall, while Symphony Ltd has declared a significant dividend, the total returns over various periods indicate a downward trend in price, suggesting challenges in the company's performance despite the dividend payouts.

Should I buy, sell or hold Symphony Ltd?

Why is Symphony Ltd falling/rising?

As of 20-May, Symphony Ltd's stock price is declining, currently at 719.15, with a year-to-date drop of 18.40%. The company's poor financial performance, high valuation, and reduced institutional interest contribute to negative market sentiment.

As of 20-May, Symphony Ltd's stock price is falling, currently at 719.15, reflecting a decrease of 9.45 (-1.3%). The stock has underperformed significantly compared to the benchmark Sensex, with a 1-week decline of 7.53% while the Sensex gained 0.95%. Over the past month, Symphony's stock has dropped by 11.23%, and year-to-date, it has fallen by 18.40%, which is worse than the Sensex's decline of 11.62%.<BR><BR>The company's performance has been poor, with negative results reported for the last four consecutive quarters. Specifically, net sales over the latest six months have decreased by 21.78%, and the profit after tax for the latest quarter was the lowest at Rs -9.00 crore. Additionally, the operating profit has declined at an annual rate of 1.76% over the last five years, indicating a lack of long-term growth.<BR><BR>Despite having a high return on equity (ROE) of 16.63% and being net-debt free, the stock is considered very expensive with a price-to-book value of 9.1, which is above the average historical valuations of its peers. This premium valuation, combined with a significant drop in profits by 62.2% over the past year, contributes to the negative sentiment surrounding the stock.<BR><BR>Furthermore, there has been a decline in institutional investor participation, with a decrease of 2.06% in their stake over the previous quarter. Institutional investors typically have better resources to analyze company fundamentals, and their reduced interest may signal a lack of confidence in Symphony Ltd's future performance.<BR><BR>Overall, the combination of poor financial results, high valuation, and declining institutional interest has led to the stock's downward trajectory.

Which are the latest news on Symphony?