Symphony Ltd (NSE:SYMPHONY)

Q2 2026 Symphony Ltd Earnings Call Transcript

Nov 6, 2025 / 09:00 AM GMT

Release Date Price: ₹938.75 (+0.11%)

Transcript

Key Points

Positve

Symphony Ltd (BOM:517385) reported that despite a disappointing quarter, the first six months of the fiscal year marked the third-highest performance in the company's history.
The company is diversifying its product portfolio with year-round products such as industrial coolers, water heaters, tower fans, and kitchen coolers, which contributed 26% to the top-line in the trailing 12 months.
Symphony Ltd (BOM:517385) is actively working on expanding its market presence in semi-urban and rural areas with new product launches targeting these segments.
The company is focusing on export-led expansion from India, prioritizing high-margin growth markets.
Symphony Ltd (BOM:517385) maintains a strong financial position with a treasury surplus of 577 crore, indicating robust liquidity.

Negative

The company's performance was significantly impacted by a poor summer season in 2025, leading to a substantial decline in air cooler sales.
High inventory levels in the distribution channel have negatively affected the September quarter's performance.
There has been a decline in margins due to operating leverage and the introduction of mass-market products affecting the product mix.
The company's top-line for the quarter decreased to 155 crore from 259 crore in the previous year, reflecting a challenging market environment.
Symphony Ltd (BOM:517385) faces ongoing challenges with channel inventory normalization, which is expected to stabilize only as the next season approaches.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SYMP.NS - Symphony Ltd
Q2 2026 Symphony Ltd Earnings Call
Nov 06, 2025 / 09:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Ladies and gentlemen, good day and welcome to the Symphony Limited 2 QF 526 earnings conference call hosted by Equita Securities Private Limited.

As a reminder, all participant lines will be in the lesson on the mode, and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing then 0 on your touchstone phone.

I now hand the conference over to Mr. Manoj Kuri from Ikpira Securities Private Limited.

Thank you and over to you, sir.

--------------------------------------------------------------------------------
Unidentified_2 [2]
---------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.