Login
Open Demat Account
Open Demat A/C
Offerings
+
Research
Markets+
Talking Finance+
Support+
Media+
Partner Us+
Trade LoginReports LoginIFD Partner Login
Demo
Close Language Tab
Locate us
Languages
  • Home
  • Company Information
  • Symphony Ltd
S
Symphony Ltd Consumer Durables
₹ 1,119.30 -20.70 (-1.82%)
  • NSE
  • BSE

Overview

  • BSE Code 517385
  • NSE Symbol SYMPHONY
  • ISIN Demat INE225D01027
  • Book Value (₹) 111.79
  • Face Value (₹) 2.00
  • Market Cap (₹ Cr.) 7,998.32
  • P/E (TTM) 33.66
  • EPS (TTM) 34.46
  • Div Yield (%) 1.12

Performance

Today’s Low 1,101.10
Today’s High 1,135.00

1,119.30
52W Low 949.80
52W High 1,880.95

1,119.30
Open 1,121.00
Prev. Close 1,140.00
Volume 20,551.00

Corporate Actions

Symphony Limited - Disclosure under SEBI Takeover Regulations
Apr 24, 2025

Achal Anil Bakeri has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Symphony Limited - Disclosure under SEBI Takeover Regulations
Apr 24, 2025

Achal Anil Bakeri has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

About Symphony Ltd

History

Symphony pioneered branded air coolers in India in 1988. Thereafter, the company went public in 1994. In 1999-2000, the company successfully launched 4 new models in the air cooler category, e.g. Sumo, Ninja, Mini Sumo and S-4700. In fact, the company's air coolers found entry into the Guinness Book of World Records. It had developed the world's largest working model of an air cooler, which was 14 feet in height. In 2005, Symphony launched the first-ever cooler that had 4-side cooling. In 2008, the company introduced coolers with power-saving technology. In 2009, Symphony gained complete control of IMPCO, the company that had originally introduced the air cooler to the world. In 2010, the company introduced Central Air Cooling Solutions, and it also became India’s largest commercial air cooling project. Another first initiative of Symphony was to define the cooling capacity of air coolers in terms of tons of cooling, as in air-conditioning. In 2019, the company introduced a range of portable commercial air coolers as well as the world’s first universal air coolers manufactured in India. The following year, it launched a wide range of accessories for industrial and commercial air coolers. The company also launched 19 new models in FY 2022-23.

Business Segments

In accounting terms, the company has 2 reportable segments, viz. ‘Aircooling and other appliances’ and ‘Corporate Funds’. However, 97% of the firm’s revenue comes from the first. Geographically, 66% of its revenue comes from India, while the rest comes from the rest of the world. In terms of products, the company offers the following categories:
  1. Household Air Coolers- These are coolers for house rooms. Models include the Windblast 70 XL Desert Air Cooler, Sumo 75 XL DD SP2, etc.
  2. Commercial Air Coolers- These are large space commercial coolers such as the Movicool L 65-S Commercial Cooler (65-litres).
  3. Large Space Venti-Cooling- Designed for open and semi-open spaces, this category serves textile, petrochemical and showrooms.
  4. Tower Fans- These are useful inside the house, such as drawing room, study, kitchen, etc.
Subsidiaries The company has 6 overseas subsidiary companies:
  1. IMPCO S. de R. L. de C.V. (IMPCO)- This subsidiary takes care of the operations in Mexico.
  2. Guangdong Symphony Keruilai Air Coolers Co. Ltd., China (GSK)- This subsidiary takes care of the operations in China.
  3. Symphony AU Pty Limited, Australia (SAPL)- This subsidiary takes care of the operations in Australia.
  4. Climate Technologies Pty Limited, Australia (CT)- This subsidiary takes care of the operations in Australia.
  5. Bonaire USA LLC, USA (BUSA)- This subsidiary takes care of the operations in the US.
  6. Symphony Climatizadores Ltda., Brazil (SCL)- This subsidiary takes care of the operations in Brazil.
All subsidiaries are wholly owned subsidiaries of the Company.

Key Personnel

Achal Bakeri, Founder, Chairman and Managing Director Mr Achal Bakeri, a game-changer in the environmentally friendly products industry, is the founder of the world’s largest air cooling company. In 1988, he founded Symphony Limited with the aim to provide economically viable cooling accessible to all. Driven by a design thinking approach, Achal has led Symphony to be a pioneer in the industry, dominating the maximum market share over the years. 

Corporate Actions

The following are the corporate actions undertaken by the company in recent times: Stock Split The company recently split its stock from ₹10 to ₹2 per share with a record date of February 17, 2012. Bonus Issue The company issued bonus stocks at a ratio of 1:1 with a record date of September 15, 2016. Buyback of Shares The company conducted a buyback of its shares with a record date of March 29, 2023. Mergers and Acquisitions
  • Symphony gained complete control of Climate Change Technologies-Australia and Bonaire-USA in 2018.
  • In 2015, the organization performed the acquisition of Keruilai.
Founded: 1988
Chairman: Achal Bakeri
Managing Director: Achal Bakeri
Address: Symphony House 3rd Flr FP-12, TP-50 Bodakdev Off SG Highway, Ahmedabad, Gujarat, 380054,
HO Tel: 91-079-26424430