Symphony

₹972.3 21.7 | 2.3%

WEBSITE BSE:517385 NSE : SYMPHONY 10 May, 16:01

Market Cap ₹6704 Cr.

Stock P/E 46.0

P/B 9

Current Price ₹972.3

Book Value ₹ 108.6

Face Value 2

52W High ₹1020.2

Dividend Yield 1.34%

52W Low ₹ 820.1

Edit Ratio

Symphony Research see more...

Overview Inc. Year: 1988Industry: Consumer Durables - Domestic Appliances

Symphony Ltd, and its subsidiaries are engaged in production and trading of residential, commercial and commercial air coolers, both inside the domestic and worldwide markets. The Company operates through 2 segments: Air Coolers and Corporate Funds. It offers air coolers in various classes, along with residential air coolers, packaged air coolers and central air coolers. It provides tower, private, desert, room and window air coolers for houses, shops, showrooms and places of work; central air cooling solutions for factories, warehouses and large halls, among others, and heavy duty industrial air coolers for factories, places of work, faculties, department shops, assembly halls, warehouses and metro stations, among others. Its merchandise in residential air coolers class consist of Storm 100i, Storm 70i, Ice Cube XL, Jumbo, Sumo, Siesta 70, Window 70, Window 41, Window 51, R28i and R28. The Company offers its offerings to banks, automobile enterprise, packaging, distilleries and railways, amongst others.

Symphony Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Symphony Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	205	384	329	274	277	308	302	275	247	332
Other Income	7	16	12	14	14	10	16	11	15	9
Total Income	212	400	341	288	291	318	318	286	262	341
Total Expenditure	175	302	295	237	233	285	276	234	203	275
Operating Profit	37	98	46	51	58	33	42	52	59	66
Interest	3	2	2	2	3	3	3	2	3	2
Depreciation	6	6	6	6	7	7	7	7	6	6
Exceptional Income / Expenses	0	0	0	0	0	0	-2	0	0	0
Profit Before Tax	28	90	38	43	48	23	30	43	50	58
Provision for Tax	7	26	9	11	9	7	6	8	9	10
Profit After Tax	21	64	29	32	39	16	24	35	41	48
Adjustments	0	-1	0	1	0	0	0	0	0	0
Profit After Adjustments	21	63	29	33	39	16	24	35	41	48
Adjusted Earnings Per Share	3	9	4.1	4.7	5.6	2.3	3.4	5	5.9	6.9

Symphony Profit & Loss

#(Fig in Cr.)	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	378	533	526	446	765	798	844	1103	900	1039	1188	1156
Other Income	17	16	34	21	43	56	39	55	31	40	50	51
Total Income	395	548	560	466	808	854	883	1157	931	1079	1238	1207
Total Expenditure	299	408	393	309	565	580	711	889	759	877	1048	988
Operating Profit	96	140	166	157	243	274	172	268	172	202	190	219
Interest	1	0	1	0	1	2	8	13	12	10	12	10
Depreciation	4	4	4	4	7	7	10	21	21	24	26	26
Exceptional Income / Expenses	0	0	0	12	0	0	-24	-4	-7	0	0	-2
Profit Before Tax	91	136	161	165	235	265	130	230	131	168	152	181
Provision for Tax	31	30	45	46	69	72	39	49	24	47	36	33
Profit After Tax	60	106	116	118	166	193	92	182	107	121	116	148
Adjustments	-0	-1	0	0	0	0	1	-0	-0	-1	1	0
Profit After Adjustments	60	106	116	118	166	193	92	181	107	120	116	148
Adjusted Earnings Per Share	8.6	15.1	16.6	16.9	23.8	27.5	13.2	25.9	15.3	17.2	16.6	21.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	14%	3%	8%	12%
Operating Profit CAGR	-6%	-11%	-7%	7%
PAT CAGR	-4%	-14%	-10%	7%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	8%	-4%	-6%	9%
ROE Average	13%	15%	17%	29%
ROCE Average	15%	16%	19%	38%

Symphony Balance Sheet

#(Fig in Cr.)	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	222	276	306	319	465	612	666	639	759	839	881
Minority's Interest	0	0	0	0	0	0	3	4	5	5	0
Borrowings	0	0	0	0	0	0	124	72	140	113	83
Other Non-Current Liabilities	14	8	9	9	8	11	-6	44	33	40	20
Total Current Liabilities	80	110	118	142	195	197	304	359	306	395	452
Total Liabilities	316	393	434	470	667	819	1091	1118	1243	1393	1436
Fixed Assets	70	70	68	77	79	82	237	318	354	355	351
Other Non-Current Assets	14	150	133	168	111	178	200	120	165	171	312
Total Current Assets	233	174	232	225	477	560	651	680	725	867	774
Total Assets	316	393	434	470	667	819	1091	1118	1243	1393	1436

Symphony Cash Flow

#(Fig in Cr.)	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	4	7	4	5	19	43	19	26	21	35	64
Cash Flow from Operating Activities	67	90	104	89	95	107	140	157	89	57	125
Cash Flow from Investing Activities	-34	-60	-37	70	-65	-102	-250	78	-53	6	-11
Cash Flow from Financing Activities	-30	-33	-66	-145	-5	-29	118	-241	-21	-34	-124
Net Cash Inflow / Outflow	4	-3	1	13	25	-25	7	-6	14	29	-10
Closing Cash & Cash Equivalent	8	4	5	18	43	19	26	21	35	64	54

Symphony Ratios

#	Jun 2013	Jun 2014	Jun 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	8.59	15.11	16.57	16.92	23.77	27.53	13.19	25.94	15.35	17.2	16.64
CEPS(Rs)	9.17	15.76	17.16	17.53	24.75	28.5	14.5	29.01	18.41	20.73	20.35
DPS(Rs)	6.5	13	14	25	4.5	4.5	4.5	23	5	9	5
Book NAV/Share(Rs)	28.6	36.25	43.77	45.55	66.48	87.44	95.22	91.38	108.54	120.01	125.93
Core EBITDA Margin(%)	20.94	23.39	25.19	30.56	26.06	27.35	15.76	18.19	14.04	14.9	11.36
EBIT Margin(%)	24.32	25.6	30.82	37.08	30.81	33.45	16.35	20.71	14.33	16.34	13.29
Pre Tax Margin(%)	24.15	25.53	30.67	37	30.72	33.17	15.43	19.64	13.09	15.39	12.35
PAT Margin (%)	15.93	19.98	22.04	26.57	21.74	24.12	10.85	15.49	10.72	11.11	9.42
Cash Profit Margin (%)	16.97	20.7	22.82	27.53	22.64	24.97	12.02	17.29	12.85	13.33	11.57
ROA(%)	20.28	30	28.04	26.21	29.24	25.9	9.59	16.46	9.1	9.17	8.19
ROE(%)	32.81	46.93	41.41	37.89	42.44	35.77	14.33	27.85	15.36	15.12	13.47
ROCE(%)	49.1	60.12	57.9	52.88	58.69	47.61	18.5	29.17	16.35	17.75	15.3
Receivable days	38.55	27.15	25.77	32.58	23.67	26.02	35.95	35.1	52.29	62.69	47.88
Inventory Days	41.49	27.93	29.23	41.28	31.6	35.87	43.06	36.91	43.02	48.9	62.72
Payable days	34.05	41.99	56.83	81.1	52.2	53.58	75.51	76.22	91.83	91.08	86.18
PER(x)	18.33	33.03	63.88	70.24	64.12	64.97	104.92	30.5	82.36	63.79	61
Price/Book(x)	5.51	13.77	24.18	26.09	22.93	20.45	14.53	8.66	11.64	9.14	8.06
Dividend Yield(%)	2.06	1.3	0.66	1.05	0.3	0.25	0.33	2.91	0.4	0.82	0.49
EV/Net Sales(x)	2.8	6.54	14.07	18.56	13.91	15.67	11.63	5.15	9.99	7.53	6.1
EV/Core EBITDA(x)	11.02	24.87	44.51	52.64	43.85	45.7	57.11	21.18	52.21	38.75	38.11
Net Sales Growth(%)	20.59	40.92	-1.28	-15.27	71.64	4.38	5.68	30.7	-18.39	15.47	14.29
EBIT Growth(%)	24.23	48.35	18.83	1.94	42.63	13.31	-48.34	76.18	-40.94	23.91	-8.03
PAT Growth(%)	13.39	76.76	8.89	2.12	40.48	15.8	-52.45	98.55	-40.93	12.55	-4.12
EPS Growth(%)	13.2	75.89	9.64	2.12	40.48	15.81	-52.08	96.65	-40.84	12.08	-3.23
Debt/Equity(x)	0	0	0	0	0.04	0.04	0.28	0.27	0.24	0.26	0.22
Current Ratio(x)	2.92	1.58	1.96	1.58	2.45	2.85	2.14	1.89	2.37	2.19	1.71
Quick Ratio(x)	2.38	1.23	1.57	1.2	2.05	2.44	1.75	1.57	1.98	1.76	1.16
Interest Cover(x)	147.48	383.42	202.76	454.01	333.08	120.82	17.71	19.33	11.57	17.19	14.05
Total Debt/Mcap(x)	0	0	0	0	0	0	0.02	0.03	0.02	0.03	0.03

Symphony Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	73.25	73.25	73.25	73.25	73.25	73.25	73.39	73.39	73.39	73.39
FII	4.31	4.49	4.33	4.03	4.01	3.74	3.63	3.82	3.4	3.32
DII	10.02	10.05	10.89	11.14	11.22	11.1	10.69	10.45	11.04	10.27
Public	12.42	12.21	11.53	11.58	11.52	11.91	12.3	12.35	12.18	13.02
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	5.12	5.12	5.12	5.12	5.12	5.12	5.06	5.06	5.06	5.06
FII	0.3	0.31	0.3	0.28	0.28	0.26	0.25	0.26	0.23	0.23
DII	0.7	0.7	0.76	0.78	0.79	0.78	0.74	0.72	0.76	0.71
Public	0.87	0.85	0.81	0.81	0.81	0.83	0.85	0.85	0.84	0.9
Others	0	0	0	0	0	0	0	0	0	0
Total	7	7	7	7	7	7	6.9	6.9	6.9	6.9

Pros

Debtor days have improved from 91.08 to 86.18days.
Company has reduced debt.
Company is almost debt free.

Cons

Stock is trading at 9 times its book value.
The company has delivered a poor profit growth of -9% 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.

Symphony News

Top Unlisted Companies & InstaBuy Companies

Sell or Purchase Share (Tentative Price)

Current Price: 1650/-

Signify Innovations

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Symphony

Add Watchlist

Symphony Research see more...

Overview Inc. Year: 1988Industry: Consumer Durables - Domestic Appliances

Symphony Share Price

Alert Data

Quarterly Price

Peer Comparison

Symphony Quarterly Results

Symphony Profit & Loss

Growth Rates

Symphony Balance Sheet

Symphony Cash Flow

Symphony Ratios

Symphony Shareholding Pattern

Symphony News

Top Unlisted Companies & InstaBuy Companies

Signify Innovations

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!