| Revenue growth | Flat YoY at ₹182 Cr standalone; nine-month console down 27%. |
|---|---|
| Margins | EBITDA impacted by elevated advertising spend for water heater launch. |
| Demand visibility | Normalizing trade inventory; structural growth story for medium-to-long term. |
| Management confidence | Balanced; defensive on divestment rollback but optimistic on Mexico/USA potential. |
Growth
Standalone revenue flat at ₹182 Cr; non-core categories contribute over 25% of top-line.
Outlook
Non-core segments including water heaters and large-space cooling are expected to drive diversification.
Risks
Substantial losses in Australia (₹18 Cr PAT loss) and declining Mexico margins post-subdued summer.
Last quarter's promises, checked
Delivered
- Repay GSK China loan → Repaid ₹26 Cr, balance ₹4 Cr (= BEAT)
- Pass on cost increases → Pricing power maintained at 45%+ gross margin (= BEAT)
- Repay Australia loans → Infused ₹165 Cr to clear debt (= BEAT)
Partly delivered
- Summer sales recovery → Decent April uptick but North/East delayed by weather (= PARTIAL)
Missed
- Australia Turnaround → Cumulative ₹348 Cr investment fully impaired (= MISS)
Investor Presentation filed with NSE, NSE: SYMPHONY. Summary written with AI assistance from the document.
Symphony Ltd: key numbers
- Share price
- ₹542.55
- Market cap
- ₹3,726 Cr
- Revenue (annual)
- ₹1,130 Cr
- Net profit (annual)
- ₹-141.1 Cr
- P/E (TTM)
- -27.8×Sector 44.3×
- Promoter holding
- 73.43%+0.00% QoQ
- FII holding
- 2.20%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Symphony Ltd
All →Symphony Promoter Selling (Off-Market): ₹6.68 Cr
Symphony promoter Achal Bakeri gifted 1,30,564 shares off-market, cutting his holding from 41.93% to 41.74%. Recipients include relatives of directors and employees, reported under Reg 7(2) PIT.
- Value
- ₹6.68 Cr
- Promoter stake change
- -0.19%
Symphony Merger & Restructuring Worth ₹27 Cr
Symphony will sell its Bodakdev vacant land for ₹27 Crore, versus ₹5.68 Crore book value. Sale deed is expected November 6, 2026; operations are unaffected.
- Value
- ₹27.00 Cr
Symphony Other Announcement
Symphony Limited informed exchanges that management will appear on CNBC Bajar Gujarati on October 30, 2026, to discuss Q2 financial results and business outlook. No new business information is disclosed in this scheduling notice.
Symphony Results Update
Symphony reported Q2 FY27 consolidated revenue up 31% to ₹275 crore and EBITDA up 166%. The board also approved a second interim dividend of ₹2 per share.
Symphony Earnings Call Transcript: Key Takeaways
Symphony delivered strong Q2 growth driven by international subsidiaries and strategic Indian revenue diversification.
Symphony Dividend
Symphony Limited declared a 2nd interim dividend of Rs. 2 per equity share for FY 2026-27, with record date 04-11-2026. Payment is proposed by 25-11-2026.