Symphony Ltd.
Snapshot View

994.00 -27.10 ▼-2.7%

27 July 2021, 04:00:00 P.M.
Volume: 24,561

Overview View Details

Sector Consumer Durables Compare with Sector peers
Industry Consumer Durables - Domestic Appliances Compare with Industry peers
Website http://www.symphonylimited.com
Financial Indicators
Market Cap 7,143.31 Cr.
Earnings per share (EPS) 15.87 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 64.35 Trailing Twelve Months Ending 2021-06
Industry PE 56.80 Trailing Twelve Months Ending 2021-06
Book Value / Share 109.38 Trailing Twelve Months Ending 2021-06
Price to Book Value 9.33 Calculated using Price: 1,021.10
Dividend Yield 0.49 Period Ending 2021-03
No. of Shares Subscribed 7.00 Cr. 69,957,000 Shares
FaceValue 2
Company Profile

Symphony, an Indian Multi-National Company with presence in many countries is the world’s largest manufacturer of air-coolers. From inventions to innovations, energy responsibility to environment stewardship, Symphony is a market leader which has been cooling customers for generations. The massive supremacy of Symphony coolers in the residential, industrial and commercial segments has made the brand synonymous with ‘cooling’.

Founded in 1988, in Gujarat, India, Symphony Limited established a new category of evaporative air-cooling in India, taking it to the globe. At Symphony, research and development and engineering technology is a sustainable competitive advantage. The company delivers market-leading products with design innovation, improved energy conservation, distinctive styling and customer-centric design. As a pioneer in the air-cooling industry, Symphony develops breakthrough technologies to combat climate change. It is providing solutions for affordable cooling and comfortable environments for maximum efficiency, productivity and wellbeing.

Symphony Limited is a publicly traded company delivering value to its stakeholders in the most profitable and effective way.  Symphony Limited has been awarded the Guinness World Record for creating the world’s largest functioning air coolers. The company also provides solutions through its world’s largest air cooling project In Mecca-Madina at Hajj Camp and Ramdev Patanjali Yoga Bhavan, Haridwar, India.

Business area of the company

The company is engaged in manufacturing and trading residential, commercial and industrial air coolers in the domestic and international markets. The Company operates in two sections: manufacture of air-coolers and treasury management. It provides tower, personal, desert, room and window air-coolers for residential use. Its commercial air cooling solutions are installed in open restaurants, party plots and large halls, among others. Its industrial air-coolers are used for factories, offices, schools, malls, assembly halls, warehouses and metro stations, among others. The Company also offers services to banks, auto industry, packaging, distilleries and railways.

Products

  • Household Coolers
  • Commercial Coolers
  • Industrial Coolers

Awards

  • 1994: Achal Bakeri, Chairman & Managing Director, is awarded the Young Achiever Award by Worldcom.
  • 1995: Achal Bakeri, Chairman & Managing Director, is felicitated by Sir John Major, then the Prime Minister of United Kingdom.
  • 2000: Symphony is awarded the Guinness World Record for creating the world's largest functioning air cooler.
  • 2012: The Ministry of Science and Technology, Government of India accorded the certificate of recognition to Symphony's in-house R&D centre.
  • 2012: Symphony received coveted recognition of Star Export House from Govt. of India.
  • 2012: Symphony wins Award for Excellence in Financial Reporting by The Institute of Chartered Accountants of India for its Annual Report of FY 2009-2010.
  • 2013: Symphony has won India Design Mark for best design of its Diet 22i air cooler.
  • 2014: Symphony has won most prestigious Quality Mark Award for year 2014.
  • 2014: Symphony has bagged prestigious 'Best Presented Annual Report Award for Manufacturing Sector' for its annual report of 2012 by South Asian Federation of Accountants (SAFA).
  • 2015: India's Most Attractive Brand award under 'Coolers' category by TRA Research
  • 2015: Won awards for Best SME – Overall and Best SME – Manufacturing.
  • 2015: “Best Innovative Company Award'.
  • 2016: Recognized as 'India's Most Trusted Cooler Brand' by The Brand Trust Report
  • 2016: Award of appreciation for participation in Acrex India 2016
  • 2016: VAT Award by Maharashtra State Government
  • 2016: Recognized as 'Gold Partner' by Ventcof
  • 2017: Ranked 1 in the Small Enterprises-Manufacturing category at the Financial Express CFO Awards
  • 2017: 'Brand Slam Award 2017' by Indira Group of Institutes
  • 2017: Award of recognition for participation in 13th Engimach show (held in December 2017)
  • 2018: CMD, Achal Bakeri, awarded the 'Eminence Award for Product Innovation & Business Development' by Divya Bhaskar certificate
  • 2018: Recognized as 'India's Most Trusted Air Cooler Brand' by The Brand Trust Report
  • 2018: CMD, Achal Bakeri, recognized as the 'CEO of the Year' in the Emerging Businesses category at CNBC CEO Awards
  • 2019: Recognized as 'India's Most Trusted Air Cooler Brand' by The Brand Trust Report.
  • 2020: Recognized as the 'Best Brand' by the Gujarat Brand Leadership Awards 2020.

Milestones

  • 1988: Symphony pioneered branded air cooler in India
  • 1990: Established a nationwide network; launched a national television campaign
  • 1993: Launched Kaizen - AC jaisa cooler
  • 1994: Symphony wend public
  • 2000: Launched Sumo- the revolutionary desert cooler.
  • 2001: Keruilai was established as China’s firs air cooler brand
  • 2002: The first evaporative air cooler brand in China to meet the technology evolution requirement of ‘Green Star Products’.
  • 2005: Launched the first ever cooler with 4-side cooling – winter
  • 2005: Introduced HiCool with humidity control
  • 2008: Introduced the power saving technology
  • 2009: Acquired IMPCO air coolers
  • 2009: Launched world’s first Diet cooler range
  • 2010: Introduced Central air cooling solution
  • 2010: Implemented India’s largest commercial air cooling project
  • 2012: Introduced the intelligent cooler range
  • 2012: Introduced storm-the world’s largest tower cooler
  • 2012: Received government recognition for R&D center
  • 2013: 25 years of Symphony
  • 2014: Introduced range of Window Coolers with sun resistance body
  • 2015: Market value of the company crossed $1.5 billion.
  • 2015: Acquisition of Keruilai.
  • 2015: Launched packaged air coolers.
  • 2016: Introduced Cloud - world’s first wall mounted air cooler
  • 2016: Introduced i-Pure - cooler with multistage air purification
  • 2016: Symphony acquires entire stake in Munters Keruilai Air Treatment.
  • 2017: Introduced touch range - world’s 1st air coolers with touchscreen and voice assist.
  • 2018: Introduced sense series - world’s 1st air coolers with gesture control
  • 2018: Introduced diamond series - powerful desert coolers with double blower.
  • 2018: Symphony’s acquisition of Australia’s Climate technologies
  • 2019: Symphony introduce its commercial range of air coolers and world’s first universal air cooler manufactured in India.
  • 2020: Launched range of accessories for industrial and commercial air coolers.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-2.65%
1 Week
-7.92%
1 Month
-3.35%
3 Month
-23.23%
6 Month
-3.79%
1 Year
+18.27%
2 Year
-18.79%
5 Year
-18.87%
9 years 2013-06 2014-06 2015-06 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 32.81 46.93 41.41 37.89 42.44 35.77 14.33 27.85 15.36
Return on Capital Employed (%) 49.10 60.12 57.90 52.88 58.69 47.61 18.50 29.17 16.35
Return on Assets (%) 20.28 30.00 28.04 26.21 29.24 25.90 9.59 16.46 9.10

Balance Sheet View Details

Particulars 9 years 2013-06 Rs. Cr. 2014-06 Rs. Cr. 2015-06 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 222 276 306 319 465 612 666 639 759
Non Curr. Liab. 14 8 9 9 8 11 117 116 173
Curr. Liab. 80 110 118 142 195 197 304 359 306
Minority Int. 3 4 5
Equity & Liab. 316 393 434 470 667 819 1,091 1,118 1,243
Non Curr. Assets 84 220 202 245 190 260 437 438 518
Curr. Assets 233 174 232 225 477 560 653 680 725
Misc. Exp. not W/O
Total Assets 316 393 434 470 667 819 1,091 1,118 1,243

Profit Loss View Details

Particulars 9 years 2013-06 Rs. Cr. 2014-06 Rs. Cr. 2015-06 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 378 533 526 446 765 798 844 1,103 900
Other Income 17 16 34 21 43 56 39 55 31
Total Income 395 548 560 466 808 854 883 1,157 931
Total Expenditure -299 -408 -393 -309 -565 -580 -711 -889 -759
PBIDT 96 140 166 157 243 274 172 268 172
Interest -1 0 -1 0 -1 -2 -8 -13 -12
Depreciation -4 -4 -4 -4 -7 -7 -10 -21 -21
Taxation -31 -30 -45 -46 -69 -72 -39 -49 -24
Exceptional Items 12 -24 -4 -7
PAT 60 106 116 118 166 193 92 182 107

Cash Flow View Details

Particulars 9 years 2013-06 Rs. Cr. 2014-06 Rs. Cr. 2015-06 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 67 90 104 89 95 107 140 157 89
Cash Fr. Inv. -34 -60 -37 70 -65 -102 -250 78 -53
Cash Fr. Finan. -30 -33 -66 -145 -5 -29 118 -241 -21
Net Change 4 -3 1 13 25 -25 7 -6 14
Cash & Cash Eqvt 8 4 5 18 43 19 26 21 35

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 75.00 75.00 75.00 75.00 75.00 75.00 73.25 73.25 73.25
Public 25.00 25.00 25.00 25.00 25.00 25.00 26.75 26.75 26.75
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 26 Jul 2021
Interaction With Electronic Media
Interaction with Electronic Media
Mon, 26 Jul 2021
Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation - Updates
Sat, 24 Jul 2021
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Issue of Duplicate Share Certificates

Technical Scans View Details

Mon, 26 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index
Both SRS And ARS Below Zero Both SRS And ARS Below Zero

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