NSE: SYMPHONY | BSE: 517385

Falling Comet

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1134.70 17.05 (1.53%)

39.67% Fall from 52W High

94,290 NSE+BSE Volume

NSE 02 Apr, 2025 3:31 PM (IST)

7,792.1

Market Cap

Below industry Median

0.7

Beta 1Year

Very Low volatility

Symphony Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for SYMPHONY, BSE:517385 Symphony Ltd.

Symphony Ltd.

17 May 2017

1134.70

1.53%

Symphony Ltd

Buy: Symphony Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Symphony recorded strong sales growth of 33% YoY in Q4FY17 led by volume growth mainly due to the introduction of a new range of products (i-touch and pure) during the period. However, introductory...

Number of FII/FPI investors increased from 165 to 188 in Dec 2024 qtr.

Symphony Ltd.

14 Feb 2017

1134.70

1.53%

Symphony Ltd

Buy: Symphony Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Despite demonetisation, Symphony's net sales increased ~11% YoY in Q3FY17 led by same volume growth both in centralised and residential air cooler. Also, no major price hike and slight change in the product mix during Q3 kept realisation growth under check. Domestic sales recorded growth of ~10% YoY while export sales increased 24% YoY (supported by good demand from southern hemisphere countries and Middle East countries)...

Number of FII/FPI investors increased from 165 to 188 in Dec 2024 qtr.

Symphony Ltd.

26 Oct 2016

1134.70

1.53%

Symphony Ltd

Buy: Symphony Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Symphony's net sales increased ~31% YoY in Q1FY17 led by ~29% YoY volume growth supported by strong pre-festive demand of centralised and residential air cooler. Also, no major price hike coupled with a slight change in the product mix in Q2 kept realisation growth under check. Domestic sales recorded growth of 31% YoY while export sales increased 46% YoY The sharp expansion in EBITDA margin by 436 bps YoY can be...

Symphony Ltd. has gained 30.64% in the last 1 Year

Symphony Ltd.

27 Jul 2016

1134.70

1.53%

Symphony Ltd

Buy: Symphony Ltd.

ICICI Securities Limited

Symphony's net sales increased ~38% in Q1FY17 led by ~33% YoY volume growth supported by severe summer during April-May 2016. The sales growth was largely dominated by volume growth while realisation growth was on account of the launch of new products. Domestic sales recorded growth of 34% YoY while export sales increased 100% YoY • The sharp expansion in EBITDA margin by 735 bps YoY can be attributed to saving in selling & distribution and other expenses by 421 bps and 255 bps YoY, respectively. As a result, PAT recorded sharp growth of ~40% YoY in Q1FY17 • According to the management, the recovery in subsidiary Impco is on track while Symphony’s Chinese acquisition is progressing as per schedule with integration process expected to end in three months. ICICI Securities Limited have used DCF method for valuation, assuming revenue CAGR of ~25% FY15- 25E, terminal growth of 5% and WACC of 10.8% and maintain our target price at | 2745/share.

Trendlyne has 6 reports on updated in the last year from 3 brokers with an average target of Rs 2308.3. Brokers have a rating for with 1 price upgrade in past 6 months.

Symphony Ltd. has gained 30.64% in the last 1 Year

Symphony Ltd.

26 Jul 2016

1134.70

1.53%

Symphony: Top line up robustly, PAT below estimates

Sell: Symphony Ltd.

Motilal Oswal

Strong sales growth due to extended summer: Revenues (standalone) grew 38% YoY to INR1,526m in 1QFY17 (v/s estimate of INR1,608m), mainly driven by volume growth, with management also clarifying that there was no major price increase. Growth was also supported by new models launched over the past year. EBITDA margin expanded 740bp YoY to 25.6% on account of better operating efficiency and economies of scale. EBITDA grew 93% YoY to INR390m in the quarter. PAT posted 39% YoY growth to INR311m. Management highlighted that Symphony air coolers continues to be the market leader with a share of 50%.Motilal Oswal maintain our Sell recommendation with a target price of INR1,909, 28x FY18E EPS.

Trendlyne has 6 reports on SYMPHONY updated in the last year from 3 brokers with an average target of Rs 2308.3. Brokers have a rating for SYMPHONY with 1 price upgrade in past 6 months.

Symphony Ltd. has gained 30.64% in the last 1 Year

Symphony Ltd.

18 May 2016

1134.70

1.53%

Symphony Ltd

Buy: Symphony Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Adjusted for a change in reporting method, Symphony's sales increased ~11% led by ~9% YoY volume growth and change in...

Symphony Ltd. has an average target of 1519.00 from 1 broker.

Symphony Ltd.

17 May 2016

1134.70

1.53%

Symphony: 4QFY16 results below estimates; Strong summer to drive sale

Sell: Symphony Ltd.

Motilal Oswal

4QFY16 results below estimates; Strong summer to drive sales in FY17 Sales growth in 4QFY16 fails to generate excitement: Symphony's revenue (standalone) for 4QFY16 grew by 11% YoY to INR1,529m (vs. our estimate of...

Number of FII/FPI investors increased from 165 to 188 in Dec 2024 qtr.

No results found

Is Symphony Ltd. worth buying?

185 Votes:

Buy 76.76%

Sell 10.27%

Hold 12.97%

RESEARCH REPORTS

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