Symphony Ltd (NSE:SYMPHONY)
₹ 621.3 -9.95 (-1.58%) Market Cap: 42.67 Bil Enterprise Value: 42.76 Bil PE Ratio: 0 PB Ratio: 7.83 GF Score: 77/100

Q4 2026 Symphony Ltd Earnings Call Transcript

May 17, 2026 / 03:15 AM GMT
Release Date Price: ₹726.25 (-7.38%)

Key Points

Positve
  • Symphony Ltd (BOM:517385) maintained a gross margin percentage of 46.4%, consistent with previous years, indicating stable profitability despite revenue declines.
  • The company has diversified its product portfolio, with 49% of FY26 revenue coming from products not dependent on the Indian summer, such as large space ventilated air cooling and water heaters.
  • GSK China showed strong performance, with decent top-line and profitability growth, and repaid a significant portion of its loan to Symphony India.
  • The USA business registered strong momentum and maintained profitability despite geopolitical and tariff issues.
  • Symphony Ltd declared a final dividend of Rs. 5 per share, amounting to a total annual payout of Rs. 62 crore, aligning with its stated payout policy.
Negative
  • Symphony Ltd (BOM:517385) reported a 28% year-over-year decline in top-line revenue for FY26, with a negative PAT of Rs. 141 crore after exceptional items.
  • The company's Australian business faced significant challenges, leading to a complete impairment of Rs. 350 crore in equity investments.
  • Standalone revenue for Symphony India decreased from Rs. 1,182 crore to Rs. 765 crore, with PBT dropping from Rs. 329 crore to Rs. 164 crore.
  • The company faced inventory overhang issues in North and East India, impacting sales performance.
  • Export revenue was negatively affected by ongoing geopolitical headwinds in the Middle East.


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

SYMP.NS - Symphony Ltd
Q4 2026 Symphony Ltd Earnings Call
May 18, 2026 / 03:15AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Symphony Limited Q4 FY26 Earnings Conference Call hosted by ICICI Securities.

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

Should you need assistance during this conference call, please signal an operator by pressing star then zero on a touchstone phone.

Please note that this conference has been recorded.

I now hand the conference over to Mr. Manan Goel from ICICI Securities.

Thank you and over to you, sir.

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Unidentified_2 [2]
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