bell
The current prices are delayed by 15 mins, login to check live prices.
Symphony Ltd share price logo

Symphony Share Price

(SYMPHONY)

₹1279.12.48%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Symphony Analyst Rating

based on 8 analysts

BUY

44.44%

Buy

33.33%

Hold

22.22%

Sell

Based on 8 analysts offering long term price targets for Symphony. An average target of ₹1538

Source: S&P Global Market Intelligence

Symphony Share analysis

Symphony price forecast by 8 analysts

Upside of20.24%

High

₹1839

Target

₹1538.00

Low

₹1030

Symphony target price ₹1538, a slight upside of 20.24% compared to current price of ₹1279.1. According to 8 analysts rating.

Source: S&P Global Market Intelligence

Symphony Performance

  • Day's Low

    Day's High

    ₹1,252.95
    Day's Price Range
    ₹1,287.95
  • 52 Week's Low

    52 Week's High

    ₹820
    52-Week Price Range
    ₹1,880.95
1 Month Return-5.21 %
3 Month Return-27.9 %
1 Year Return+ 37.67 %
Previous Close₹1,248.20
Open₹1,258.00
Volume55.43K
Upper Circuit-
Lower Circuit-
Market Cap₹8,607.21Cr

Symphony Key Statistics

P/E Ratio37.84
PEG Ratio2.16
Market Cap₹8,607.21 Cr
P/B Ratio7.55
EPS21.48
Dividend Yield1.53
SectorConsumer Durables
ROE18.15

Symphony Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹8,607.21 Cr1.45%0.50₹148 Cr₹1,156 Cr
BUY₹23,053.59 Cr84.75%0.71₹139 Cr₹6,729 Cr
BUY₹39,773.10 Cr69.47%0.56₹414 Cr₹9,685 Cr
BUY₹10,684.57 Cr4.87%0.52₹225 Cr₹2,855 Cr
BUY₹7,084.72 Cr31.81%0.64₹50 Cr₹5,653 Cr

About Symphony

Symphony Limited, formerly known as Symphony Comfort Systems Ltd, is a globally renowned manufacturer of air cooling solutions for residential, commercial and industrial use. Founded in 1988, the company offered air coolers, room heaters, ventilation fans and domestic flour mills. The 1993-94 period was marked with the introduction of theSumo and Mini Kaizen models as well as the world’s largest working model air cooler. Over the years, Symphony has launched several products such as 4-side coolers, power-saving and central air cooling solutions, storm tower coolers,window coolers and the world’s first wall-mounted air cooler CLOUD.Symphony has grown its business and extended its presence in 60 countries via strategic acquisitions and alliances. In 2013 it tied up with Carrefour in Indonesia to make its air coolers widely available. Its Central Air Cooler systems were used by the Makro supermarket chain in Colombia and the newly established branch in UAE added to its presence. Symphony has also recently developed a range of Packaged Air Coolers and universal air coolers for commercial applications as well as launched a ‘Sense’ range featuring 3 advanced models with gesture-activated controls and a ‘Diamond’ range with a stylish and trendy design inspired by the facets of a diamond. Through its subsidiary Impco, Symphony bought back its entire shareholding from Singapore’s Sylvan Holding in 2017 and acquired Climate Technologies in Australia in 2018, thus obtaining a wide penetration into the US market. During 2020 extensive product value engineering was undertaken and the iconic Sumo series was revamped with fresh looks and innovative features. In 2021 the operations in SEZ unit at Kandla were sold and merchant export was started to cater to global customer demand. Overall, Symphony’s expansive product portfolio and presence across 60 countries, make it the world’s largest manufacturer of air coolers.

Share Price: ₹1279.10 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹8,607.21Cr as of today
Revenue: ₹315.00Cr as on September 2024 (Q3 24)
Net Profit: ₹56.00Cr as on September 2024 (Q3 24)
Listing date: 15 Jun, 2011
Chairperson Name: Achal Bakeri
OrganisationSymphony
HeadquartersAhmedabad
IndustryConsumer Durables
E-voting on sharesClick here to vote

Key events for Symphony Ltd

  • Symphony Reports Mixed Financial Performance - 08 Jan, 2025

    Symphony's share price fell 5% to Rs 1,288. Despite this, net profit surged 60% YoY to Rs 560 million for Q2 FY24. However, FY24 revenue declined 2.7% to Rs 11,561 million, with a 27.8% increase in net profit to Rs 1,481 million.
  • Symphony Reports Strong Profit Growth and Share Price Surge - 07 Jan, 2025

    Symphony's share price increased by 5% to Rs 1,361.0. The company reported a 60% YoY net profit growth to Rs 560 million for Q2 FY24, with net sales rising 14.5%. For FY24, net profit increased by 27.8% to Rs 1,481 million, despite a 2.7% revenue decline to Rs 11,561 million. The current P/E ratio stands at 40.1.
  • Symphony Increases Loan Facility for Australian Subsidiary - 23 Dec, 2024

    Symphony Ltd has increased its loan facility for its Australian subsidiary, Symphony AU Pty Ltd, from A$10 million to A$15 million. The additional funding aims to support working capital and corporate needs. Despite a 3.08% drop in share price, Symphony reported a 14.5% revenue increase and a 60% rise in net profit for the second quarter.
  • Symphony Reports Record Pre-Sales for New Air Coolers - 17 Dec, 2024

    Symphony Ltd is experiencing record pre-sales for 17 new air cooler models launched in December, with strong expectations for the March quarter. The company maintains over 50% market share and anticipates high double-digit growth in incremental sales.
  • Symphony Ltd Shares Show Mixed Performance - 16 Dec, 2024

    Goldman Sachs maintains a Neutral rating on Symphony Ltd with a target price of Rs 1480. The stock rose 1.26% to Rs 1366.90, despite recent declines over the past weeks. Long-term returns remain positive, with significant gains over various timeframes.

Insights on Symphony Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 73.39% to 73.43% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 4.83% to 6.11% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SYMPHONY has outperformed top 5 stocks with highest market-cap in Appliances, Tools & Housewares

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SYMPHONY has outperformed top 5 stocks with highest market-cap in Appliances, Tools & Housewares

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 9.09% to 8.35% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 11.81% to 11.50% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, SYMPHONY stock has moved down by -33.4%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 88.0 Cr → 56.0 Cr (in ₹), with an average decrease of 36.4% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 540.0 Cr → 335.0 Cr (in ₹), with an average decrease of 38.0% per quarter

Symphony Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹275.00Cr (-)₹247.00Cr (↓10.18%)₹332.00Cr (↑34.41%)₹531.00Cr (↑59.94%)₹315.00Cr (↓40.68%)
Net Income₹35.00Cr (-)₹41.00Cr (↑17.14%)₹48.00Cr (↑17.07%)₹88.00Cr (↑83.33%)₹56.00Cr (↓36.36%)
Net Profit Margin12.73% (-)16.60% (↑30.40%)14.46% (↓12.89%)16.57% (↑14.59%)17.78% (↑7.30%)
Value in ₹ crore
Details2021202220232024
Total Assets₹884.98Cr (-)₹1,014.76Cr (↑14.66%)₹1,101.65Cr (↑8.56%)₹961.62Cr (↓12.71%)
Total Liabilities₹124.41Cr (-)₹188.33Cr (↑51.38%)₹189.64Cr (↑0.70%)₹187.24Cr (↓1.27%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹117.39Cr (-)₹100.82Cr (↓14.12%)₹7.91Cr (↓92.15%)₹136.10Cr (↑1,620.61%)₹194.57Cr (↑42.96%)

Index Inclusions

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹52,311.31

0.01 (2.64%)

Symphony Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.42%
0.05
Foreign Institutions
6.11%
26.52
Mutual Funds
8.35%
-8.16
Retail Investors
11.5%
-2.55
Others
0.61%
-31.08

Symphony Key Indicators

Details20202021202220232024
Return On Assets %24.2212.1311.8610.5715.4
Details20202021202220232024
Book Value Per Share (₹)91.38108.54120.01125.93108.63
Details20202021202220232024
Earning Per Share (₹)25.9915.3517.2816.5721.48
Details20202021202220232024
Return On Equity %28.2215.9413.9618.9618.15

Symphony Valuation

Symphony in the last 5 years

  • Overview

  • Trends

Lowest (29.47x)

May 19, 2020

Industry (-186.78x)

January 17, 2025

Today (37.84x)

January 17, 2025

Highest (121.04x)

March 2, 2021

LowHigh

Symphony Earnings and Dividends

  • Symphony Ltd Earnings Results

    Symphony Ltd’s net profit jumped 60% since last year same period to ₹56Cr in the Q2 2024-2025. On a quarterly growth basis, Symphony Ltd has generated -36.36% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Symphony Ltd Dividends October,2024

    In the quarter ending September 2024, Symphony Ltd has declared dividend of ₹2 - translating a dividend yield of 1.02%.

    Read More about Dividends

Symphony Technicals Summary

Bearish

Neutral

Bullish

Bearish

Symphony Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Symphony Ltd

Symphony Ltd share price today stands at ₹1279.1, Open. ₹1258 ; Previous Close. ₹1248.2 ; High. ₹1287.95 ; Low. ₹1252.95 ; 52 Week High. ₹1880.95 ; 52 Week Low: ₹820.

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Symphony Ltd shares.

Symphony Ltd is listed on NSE

Symphony Ltd is listed on BSE

  • Today’s highest price of Symphony Ltd is ₹1287.95.
  • Today’s lowest price of Symphony Ltd is ₹1252.95.

PE Ratio of Symphony Ltd is 37.84

PE ratio = Symphony Ltd Market price per share / Symphony Ltd Earnings per share

Today’s traded volume of Symphony Ltd(SYMPHONY) is 55.43K.

Today’s market capitalisation of Symphony Ltd(SYMPHONY) is ₹8607.21Cr.

Symphony Ltd(SYMPHONYPrice
52 Week High
₹1880.95
52 Week Low
₹820

Symphony Ltd(SYMPHONY) share price is ₹1279.1. It is down -32.00% from its 52 Week High price of ₹1880.95

Symphony Ltd(SYMPHONY) share price is ₹1279.1. It is up 55.99% from its 52 Week Low price of ₹820

Symphony Ltd(SYMPHONYReturns
1 Day Returns
30.9%
1 Month Returns
-5.21%
3 Month Returns
-27.9%
1 Year Returns
37.67%