Symphony Ltd - Company Profile
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Symphony Ltd (Symphony) provides air cooling solutions for domestic and industrial customers. The company’s product portfolio includes residential air coolers, commercial air coolers, and central air coolers. It sells its products under Symphony brand. Its central air coolers are designed for industrial applications, while residential air coolers are ideal for residences, offices, showrooms and shops. Packaged air coolers of Symphony are ideal for medium-sized spaces that fall between residential and large commercial spaces. The company has business presence across the Americas, Asia, Australia, Africa and Europe. Symphony's products are sold in Walmart, Carrefour, Lowe's, Sears, Metro and The Home Depot. The company has manufacturing facility in Mehsana, Gujarat. Symphony is headquartered in Ahmedabad, Gujarat, India.
Headquarters
India
Address
Symphony House, , Fp-12 Tp-50,Bodakdev, Off S G Highway, Ahmedabad, Gujarat, 380059
Website
symphonylimited.com
Telephone
91 79 66211111
No of Employees
462
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
SYMPHONY (NSE)
Revenue (2023)
$151.3M
14.3%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-3.2%
(2023 vs 2022)
Market Cap*
$786.1M
Net Profit Margin (2023)
XYZ
-15.4%
(2023 vs 2022)
* As of and is in US$
Symphony Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Industrial Air Coolers | After Sales Services | Symphony |
| Commercial Air Coolers | ||
| Household Air Coolers | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company entered into a share sale and purchase agreement to acquire a 25% stake in SYM ITO for US$1 million. |
| 2023 | New Products/Services | In May, the company launched the first range of energy-efficient air coolers powered by BLDC Technology. |
| 2021 | New Products/Services | In February, the company launched new smartphone series ATOM. |
Competitor Comparison
| Key Parameters | Symphony Ltd | Havells India Ltd | Crompton Greaves Consumer Electricals Ltd | Bajaj Electricals Ltd | IFB Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Ahmedabad | Noida | Mumbai | Mumbai | Kolkata |
| State/Province | Gujarat | Uttar Pradesh | Maharashtra | Maharashtra | West Bengal |
| No. of Employees | 462 | 6,822 | 1,693 | 2,406 | 2,653 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Amit Kumar | Director; Chief Executive Officer | Executive Board | 2021 | - |
| Achal Bakeri | Chairman; Managing Director | Executive Board | - | - |
| Nrupesh Shah | Director - Corporate Affairs | Executive Board | - | - |
| Mayur Barvadiya | Secretary - Head - Legal | Senior Management | - | - |
| Ashish Deshpande | Director | Non Executive Board | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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