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15 Jul 2025 |
Symphony
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Consensus Share Price Target
|
1170.30 |
1413.56 |
- |
20.79 |
buy
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27 May 2025
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1082.00
|
1231.20
(-4.95%)
|
Target met |
Sell
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*over or under performance to benchmark index Symphony Ltd and its subsidiaries manufacture and trade in residential, commercial and industrial air coolers in the domestic and international markets. The company operates through two main segments: air coolers and other appliances. It offers residential, packaged and central air coolers. In Q4FY25, Symphony's consolidated revenue grew 47.0% YoY to Rs. 488cr, driven...
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16 May 2025
|
Symphony
|
Prabhudas Lilladhar
|
1170.30
|
|
1286.50
(-9.03%)
|
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Not Rated
|
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We attended the analyst meet of SYMPHONY where the leadership team discussed industry outlook, competition, supply chain agility, evolving distribution, growth prospects in large-space air cooling, and export potential. SYMPHONY is the market leader in air coolers in India and global leader in...
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26 Nov 2024
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1519.00
|
1338.05
(-12.54%)
|
29.80 |
Accumulate
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22 Aug 2024
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1513.00
|
1651.25
(-29.13%)
|
Target met |
Sell
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04 May 2024
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1151.00
|
965.60
(21.20%)
|
Target met |
Accumulate
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21 Feb 2023
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1240.00
|
1110.05
(5.43%)
|
|
Accumulate
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07 Nov 2022
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
944.00
|
841.00
(39.16%)
|
Target met |
Accumulate
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18 May 2022
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1196.00
|
1079.95
(8.37%)
|
Target met |
Accumulate
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31 Jan 2022
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1076.00
|
994.05
(17.73%)
|
Target met |
Hold
|
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Symphony Limited, and its subsidiaries are engaged in manufacturing and trading of residential, commercial and industrial air coolers, both in the domestic and international markets. The Company operates through two segments: Air Coolers and Corporate Funds. It offers air coolers in various...
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27 Jan 2022
|
Symphony
|
ICICI Securities Limited
|
1170.30
|
975.00
|
996.45
(17.45%)
|
Target met |
Hold
|
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About the stock: Symphony is the world's largest manufacturer of air coolers with Symphony is the market leader in the air-cooling business with a strong distribution network of ~30,000+ dealers, ~1000+ distributors and...
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02 Nov 2021
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1247.00
|
1049.75
(11.48%)
|
|
Buy
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Symphony Limited, and its subsidiaries are engaged in manufacturing and trading of residential, commercial and industrial air coolers, both in the domestic and international markets. Company operates through two segments: Air Coolers and Corporate Funds. It offers air coolers in various...
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28 Oct 2021
|
Symphony
|
ICICI Securities Limited
|
1170.30
|
1160.00
|
1041.90
(12.32%)
|
Target met |
Hold
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Increased rural electrification and urbanisation will augment growth in the Indian air cooler market. Residential air cooler industry will get a boost from ~1.7 crore new houses under PMAY Industrial air-cooling market is worth ~| 10,000 crore and Symphony being the only branded player in this segment stands to take advantage of it...
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27 Jul 2021
|
Symphony
|
ICICI Securities Limited
|
1170.30
|
1050.00
|
989.95
(18.22%)
|
Target met |
Hold
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Better gross margins (up 452 bps YoY) helped turned EBITDA positive at 4.3% vs. -3.2% in Q1FY21. However, lower-than-expected EBITDA margin is mainly due to higher advertisement expense (3x jump YoY)...
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30 Apr 2021
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1382.00
|
1176.65
(-0.54%)
|
|
Accumulate
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Symphony Ltd, and its subsidiaries are engaged in manufacturing and trading of residential, commercial and industrial air coolers, both in domestic and international markets. Company operates through two segments: Air Coolers and Corporate Funds. It offers air coolers in various...
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28 Apr 2021
|
Symphony
|
Axis Direct
|
1170.30
|
1430.00
|
1217.45
(-3.87%)
|
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Buy
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We value Symphony at 40X FY23E EPS of Rs 35.8 with a target of Rs 1,430 (vs. earlier TP of Rs 1,062). The risk to our call a) Slower than expected domestic recovery due to intermittent lockdowns and b) Losses from overseas subsidiaries.
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02 Feb 2021
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
1157.00
|
1000.90
(16.92%)
|
Target met |
Accumulate
|
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Symphony Limited, and its subsidiaries are engaged in manufacturing and trading of residential, commercial and industrial air coolers, both in the domestic and international markets. The Company operates through two segments: Air Coolers and Corporate Funds. It offers air coolers in various...
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27 Jan 2021
|
Symphony
|
Axis Direct
|
1170.30
|
1062.00
|
1032.10
(13.39%)
|
Target met |
Hold
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We maintain a HOLD valuing Symphony at 30X FY23E of 35.4 arriving at a target price of Rs 1062(vs. Rs 864 earlier).
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23 Jan 2021
|
Symphony
|
ICICI Securities Limited
|
1170.30
|
1090.00
|
1020.90
(14.63%)
|
Target met |
Hold
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Symphony's standalone and overseas business has seen a gradual recovery on a QoQ basis, however YoY recovery was still ~74% of previous year. According to company, the trade sentiments in the domestic markets were positive and company has witnessed stock out situation in some of the geographies. The inventory level is normalised with channel partners and the company expects good volume offtake from Q4FY21 onwards. On the subsidiaries front, Climate Technologies Australia performance remained impacted due to supply issues & lower operating leverage. The management...
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25 Nov 2020
|
Symphony
|
Geojit BNP Paribas
|
1170.30
|
946.00
|
844.20
(38.63%)
|
Target met |
Accumulate
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Symphony Limited, and its subsidiaries are engaged in manufacturing and trading of residential, commercial and industrial air coolers, both in the domestic and international markets. The Company operates through two segments: Air Coolers and Corporate Funds. It offers air coolers in various...
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13 Nov 2020
|
Symphony
|
Axis Direct
|
1170.30
|
864.00
|
838.10
(39.64%)
|
Target met |
Hold
|
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We maintain a HOLD and value Symphony at 32X FY22E EPS of Rs 27 with a target of Rs 864 (vs. earlier TP of Rs 898).
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