Minerva Capital Research Solutions

Symphony

NSE: SYMPHONYBSE: 517385
Compare with peers
₹ 500.00▲ 9.65 (+1.97%)28 Oct, 03:29 pm IST
Market cap
₹ 3,401 Cr.
P/E
244.4x
P/B
6.62x
52-week range
482.55 – 970.45
ROE
3%
ROCE
21%
Dividend yield
1.7%
Debt / equity
0.32
Sector
Consumer Durables
Industry
Household Appliances
Listed on
NSE, BSE

About

Symphony Limited is an India-based air-cooling company engaged in the manufacturing and distribution of residential, commercial, and industrial air cooling and other appliances both in the domestic and international markets. The Company operates through Air Cooling and Other Appliances Business segment. Its products include Household Air Coolers, Commercial Coolers, Large Space Venti-Cooling, Tower Fans, and Water Heaters. The Household Coolers include Windblast 70 XL Desert Air Cooler, Jumbo 45DB Desert Air Cooler, Jumbo 70 Desert Air Cooler, Siesta 45XL Desert Air Cooler, Winter I Desert Air Cooler with 56L Water Tank, Sumo 40 XL Desert Air Cooler, Storm C 100i Desert Air Cooler, and Storm 70i Desert Air Cooler. Its Tower Fans include Duet Mini Personal Table Cooling Fan, Duet-I India’s 1st Kitchen Cooling Fan, Duet I-S Cooling Fan, Surround-I (White) Bladeless Tower Fan, and others. Its Water Heaters include Symphony Spa Geysers, Symphony Sauna Geysers, and Symphony Soul Geysers.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Household Appliances: 26 companies →

Symphony against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)244.4 against a typical 33.3: pricier than most peers (1st = cheapest).26th of 26
  • Sales growth+50.6% against a typical +16.3% from a year earlier.3rd of 26
  • Profit growth−4.8% against a typical +39.1% from a year earlier.16th of 25
  • Share price, 3 months−29.3% against a typical −13%.25th of 26
  • Size₹ 3,401.3 Cr. market value against a typical ₹ 3,242.3 Cr. (1st = largest).11th of 23

Board meetings

Results dates and other board meetings. Full calendar

Details
29 Oct 2026UpcomingFinancial Results/DividendIntimation of Board meeting, inter alia, to consider and approve: 1) Unaudited Standalone and Consolidated Financial Results for the second quarter and half year ended on September 30, 2026; and 2) declaration of 2nd Interim Dividend on equity shares, if any, for the financial year 2026-27.
4 Aug 2026Financial Results/DividendTo consider and approve 1) Unaudited Standalone and Consolidated Financial Results for the first quarter ended on June 30, 2026; and 2) 1st Interim Dividend on equity shares, if any, for the financial year 2026-27.
15 May 2026Financial Results/DividendBoard Meeting Intimation inter alia, to consider and approve: 1. Audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended on March 31, 2026; and 2. Recommend final dividend on equity shares, if any, for the financial year 2025-26
28 Jan 2026Financial Results/DividendIntimation of Board Meeting, inter alia, to consider and approve :1. Unaudited Standalone and Consolidated Financial Results for the quarter ended on December 31, 2025; and2. 3rd Interim Dividend on equity shares, if any, for the financial year 2025-26
6 Nov 2025Financial Results/DividendTo consider and approve the financial results for the period ended September 30, 2025 and dividend
1 Aug 2025Financial Results/DividendTo consider and approve the financial results for the period ended Jun 30, 2025 and dividend
7 May 2025Financial Results/DividendBoard Meeting Intimation inter alia, to consider and approve :1. Audited Standalone and Consolidated Financial Results for the fourth quarter and financial year ended on March 31, 2025; and2. Recommend final dividend on equity shares, if any, for the financial year 2024-25.

Share price

1Y change −44.55%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales275247332393289242488251163233338378
Expenses234203275306212213381225139209288332
Operating Profit4144578777291072624245046
OPM %15%18%17%22%27%12%22%10%15%10%15%12%
Other Income1115994−391129712−19613
Interest232002300453
Depreciation766226523566
Profit before tax4350589479−18110532827−15750
Tax %19%18%17%6%29%−44%28%21%32%30%39%20%
Net Profit3541488856−1079421919−21840
EPS in Rs5.085.956.9612.768.15−1.4611.56.122.772.77−31.755.82

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
10%
5 Years
5%
3 Years
−2%
TTM
−12%
Compounded Profit Growth
10 Years
−16%
5 Years
−30%
3 Years
−45%
TTM
−98%
Stock Price CAGR
10 Years
−6%
5 Years
−8%
3 Years
−11%
TTM
—
Return on Equity
10 Years
21%
5 Years
17%
3 Years
18%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
73.42%
0 pts in a year
FIIs
2.43%
−4.04 pts in a year
DIIs
8.47%
−0.13 pts in a year
Public
15.65%
+4.16 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 244.4xEPS (12 months) ₹ 2.82Median P/E 54.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Symphony₹ 500.00₹ 3,401 Cr.244.4x6.6x3%—
Bharat Heavy Electricals₹ 387.00₹ 1,34,756 Cr.92.4x5.6x—6.8%
Suzlon Energy₹ 37.40₹ 51,409 Cr.22.8x7.5x40.6%19%
Thermax₹ 3,095.60₹ 36,999 Cr.73.4x10x13.7%6.7%
Voltas₹ 950.00₹ 31,434 Cr.112.5x7x5.8%3.5%
AIA Engineering₹ 3,588.70₹ 33,490 Cr.34.1x5.4x17%28.7%

Management

Achal Anil Bakeri
Executive Chairman of the Board, Managing Director, Founder
Girish Thakkar
Chief Financial Officer
Nrupesh C. Shah
Managing Director - Corporate Affairs, Executive Director
Mayur Barvadiya
Company Secretary, Head - Legal

Prices are delayed and for information only. Nothing on this page is investment advice.