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Earnings Call Transcript

Symphony Earnings Call Transcript: Key Takeaways

Symphony delivered strong Q2 growth driven by international subsidiaries and strategic Indian revenue diversification.

Highlights
Revenue growth31% consolidated revenue growth YoY driven by strategic diversification.
MarginsEBITDA margin expanded to 13% despite 4% gross margin contraction.
Demand visibilityStrong demand in Mexico/Australia; Indian demand highly dependent on summer temperatures.
Management confidenceBalanced; focused on execution of new product categories and cost discipline.

Growth

Consolidated revenue grew 31% YoY; international business now contributes 51% of sales.

Outlook

Management launched ACs, BLDC fans, and air purifiers to reduce seasonality in India.

Risks

Input cost pressures reduced gross margins by 4%; Al Niño weather patterns remain unpredictable.

Source

Earnings Call Transcript filed with NSE, NSE: SYMPHONY. Summary written with AI assistance from the document.

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Symphony Ltd: key numbers

Share price
₹509.70
Market cap
₹3,500 Cr
Revenue (annual)
₹1,130 Cr
Net profit (annual)
₹-141.1 Cr
P/E (TTM)
-26.1×Sector 42.1×
Promoter holding
73.43%+0.00% QoQ
FII holding
2.20%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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