SYMPHONY

SYMPHONY

Consumer Durables - Domestic Appliances

960.5

0.00 (0.00%)

stock change
Market Cap6,709 CrEPS20.3High972.95
Stock P/E47.2Net Profit Margin8.8Low942.95
home icon
The current prices are delayed, login to your account to see live prices.
LOGIN
explain

Symphony Price chart

explain

NSE: Symphony

explain

Performance

Today’s Low

Today’s High

942.95

972.95

52W Low

52W High

820.6

1215

Open Price947Volume20
Prev. Close957.7
explain

Fundamentals

explain
Market Cap6,709 CrROE15.1%
P/E Ratio(TTM)47.2EPS(TTM)20.4
P/B Ratio8.1Dividend Yield0.9%
Industry P/E52.9Book Value118.2
Face Value2.0
explain

About the Company

Symphony, an Indian Multi-National Company with presence in many countries is the world’s largest manufacturer of air-coolers. From inventions to innovations, energy responsibility to environment stewardship, Symphony is a market leader which has been cooling customers for generations. The massive supremacy of Symphony coolers in the residential, industrial and commercial segments has made the brand synonymous with ‘cooling’.

Founded in 1988, in Gujarat, India, Symphony Limited established a new category of evaporative air-cooling in India, taking it to the globe. At Symphony, research and development and engineering technology is a sustainable competitive advantage. The company delivers market-leading products with design innovation, improved energy conservation, distinctive styling and customer-centric design. As a pioneer in the air-cooling industry, Symphony develops breakthrough technologies to combat climate change. It is providing solutions for affordable cooling and comfortable environments for maximum efficiency, productivity and wellbeing.

Symphony Limited is a publicly traded company delivering value to its stakeholders in the most profitable and effective way.  Symphony Limited has been awarded the Guinness World Record for creating the world’s largest functioning air coolers. The company also provides solutions through its world’s largest air cooling project In Mecca-Madina at Hajj Camp and Ramdev Patanjali Yoga Bhavan, Haridwar, India.

Business area of the company

The company is engaged in manufacturing and trading residential, commercial and industrial air coolers in the domestic and international markets. The Company operates in two sections: manufacture of air-coolers and treasury management. It provides tower, personal, desert, room and window air-coolers for residential use. Its commercial air cooling solutions are installed in open restaurants, party plots and large halls, among others. Its industrial air-coolers are used for factories, offices, schools, malls, assembly halls, warehouses and metro stations, among others. The Company also offers services to banks, auto industry, packaging, distilleries and railways.

Products

  • Household Coolers
  • Commercial Coolers
  • Industrial Coolers

Awards

  • 1994: Achal Bakeri, Chairman & Managing Director, is awarded the Young Achiever Award by Worldcom.
  • 1995: Achal Bakeri, Chairman & Managing Director, is felicitated by Sir John Major, then the Prime Minister of United Kingdom.
  • 2000: Symphony is awarded the Guinness World Record for creating the world's largest functioning air cooler.
  • 2012: The Ministry of Science and Technology, Government of India accorded the certificate of recognition to Symphony's in-house R&D centre.
  • 2012: Symphony received coveted recognition of Star Export House from Govt. of India.
  • 2012: Symphony wins Award for Excellence in Financial Reporting by The Institute of Chartered Accountants of India for its Annual Report of FY 2009-2010.
  • 2013: Symphony has won India Design Mark for best design of its Diet 22i air cooler.
  • 2014: Symphony has won most prestigious Quality Mark Award for year 2014.
  • 2014: Symphony has bagged prestigious 'Best Presented Annual Report Award for Manufacturing Sector' for its annual report of 2012 by South Asian Federation of Accountants (SAFA).
  • 2015: India's Most Attractive Brand award under 'Coolers' category by TRA Research
  • 2015: Won awards for Best SME – Overall and Best SME – Manufacturing.
  • 2015: “Best Innovative Company Award'.
  • 2016: Recognized as 'India's Most Trusted Cooler Brand' by The Brand Trust Report
  • 2016: Award of appreciation for participation in Acrex India 2016
  • 2016: VAT Award by Maharashtra State Government
  • 2016: Recognized as 'Gold Partner' by Ventcof
  • 2017: Ranked 1 in the Small Enterprises-Manufacturing category at the Financial Express CFO Awards
  • 2017: 'Brand Slam Award 2017' by Indira Group of Institutes
  • 2017: Award of recognition for participation in 13th Engimach show (held in December 2017)
  • 2018: CMD, Achal Bakeri, awarded the 'Eminence Award for Product Innovation & Business Development' by Divya Bhaskar certificate
  • 2018: Recognized as 'India's Most Trusted Air Cooler Brand' by The Brand Trust Report
  • 2018: CMD, Achal Bakeri, recognized as the 'CEO of the Year' in the Emerging Businesses category at CNBC CEO Awards
  • 2019: Recognized as 'India's Most Trusted Air Cooler Brand' by The Brand Trust Report.
  • 2020: Recognized as the 'Best Brand' by the Gujarat Brand Leadership Awards 2020.

Milestones

  • 1988: Symphony pioneered branded air cooler in India
  • 1990: Established a nationwide network; launched a national television campaign
  • 1993: Launched Kaizen - AC jaisa cooler
  • 1994: Symphony wend public
  • 2000: Launched Sumo- the revolutionary desert cooler.
  • 2001: Keruilai was established as China’s firs air cooler brand
  • 2002: The first evaporative air cooler brand in China to meet the technology evolution requirement of ‘Green Star Products’.
  • 2005: Launched the first ever cooler with 4-side cooling – winter
  • 2005: Introduced HiCool with humidity control
  • 2008: Introduced the power saving technology
  • 2009: Acquired IMPCO air coolers
  • 2009: Launched world’s first Diet cooler range
  • 2010: Introduced Central air cooling solution
  • 2010: Implemented India’s largest commercial air cooling project
  • 2012: Introduced the intelligent cooler range
  • 2012: Introduced storm-the world’s largest tower cooler
  • 2012: Received government recognition for R&D center
  • 2013: 25 years of Symphony
  • 2014: Introduced range of Window Coolers with sun resistance body
  • 2015: Market value of the company crossed $1.5 billion.
  • 2015: Acquisition of Keruilai.
  • 2015: Launched packaged air coolers.
  • 2016: Introduced Cloud - world’s first wall mounted air cooler
  • 2016: Introduced i-Pure - cooler with multistage air purification
  • 2016: Symphony acquires entire stake in Munters Keruilai Air Treatment.
  • 2017: Introduced touch range - world’s 1st air coolers with touchscreen and voice assist.
  • 2018: Introduced sense series - world’s 1st air coolers with gesture control
  • 2018: Introduced diamond series - powerful desert coolers with double blower.
  • 2018: Symphony’s acquisition of Australia’s Climate technologies
  • 2019: Symphony introduce its commercial range of air coolers and world’s first universal air cooler manufactured in India.
  • 2020: Launched range of accessories for industrial and commercial air coolers.
Parent OrganisationSymphony Ltd.Managing DirectorAchal Bakeri
Founded1988NSE SymbolSYMPHONY
explain

Financials

All values are in Rs Cr

explain

Shareholding Pattern

explain

Peer Comparison

Company52 WeekMarket PriceP/E RatioFinancialsShare Holding
explain

Recently Viewed

No Recently Viewed Stocks
explain

Frequently asked questions

You can buy the shares of Symphony using the Trinkerr Website or by downloading the Trinkerr app from Android and Apptore.