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Earnings Call

Symphony Earnings Call: Key Takeaways

Symphony faces a challenging quarter with flat standalone revenue and declining margins due to aggressive marketing for new categories, while cancelling a major international divestment plan.

Why this was an Alfa AlertNot a filter event. Results were flat or declining and no guidance beat was mentioned.
Highlights
Revenue growthStandalone revenue flat YoY; 9M consolidated revenue down 27%.
MarginsEBITDA margins pressured by elevated advertising and sales promotion costs.
Demand visibilityNormalizing trade inventory suggests cautious optimism for upcoming summer season.
Management confidenceBalanced but defensive regarding international business and high ad-spends.

Growth

Standalone revenue flat YoY at ₹182cr; 9M PAT down to ₹99cr from ₹132cr.

Outlook

Focus on non-core categories which now contribute 25% of India top-line.

Risks

High ad-spend on water heaters pressure EBITDA; failure to divest international subsidiaries adds operational complexity.

Source

Earnings Call filed with NSE, NSE: SYMPHONY. Summary written with AI assistance from the document.

Read the document ↗

Symphony Ltd: key numbers

Share price
₹588.80
Market cap
₹4,043 Cr
Revenue (annual)
₹1,130 Cr
Net profit (annual)
₹-141.1 Cr
P/E (TTM)
-29.1×Sector 45.9×
Promoter holding
73.43%+0.00% QoQ
FII holding
2.43%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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10:25 IST BSE
Other Announcement

Symphony Other Announcement

Symphony Ltd notified exchanges that its CMD will interact with India TV on 9 Sep 2026 to discuss the business overview. No new information or business substance is disclosed beyond the media schedule.

22:25 IST NSE
Promoter Selling (Off-Market)

Symphony Promoter Selling (Off-Market)

Founder Promoter Achal Anil Bakeri will gift 3.43 lakh shares, representing 0.5% stake, to employees and their relatives. The transfer is a non-monetary gift over four years.

Execution
4 years
17:02 IST NSE
Product Launch

Symphony Product Launch

Symphony Limited plans to expand its product portfolio by entering the Room Air Conditioners, BLDC Ceiling Fans, and Air Purifiers segments starting from December 2026.