Symphony Ltd.

•

₹ 612.5-0.59%

2026-08-21

symphonylimited.comBSE: 517385NSE: SYMPHONY

Market Cap₹ 4,127 Cr.

Current Price₹ 616

High / Low₹ 975 / 600

Stock P/E—

Book Value₹ 85

Price to Book8.65

Dividend Yield1.50 %

ROCE-5.2 %

ROE-21.6 %

Face Value₹ 2

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Air Coolers: 97.2% • Corporate Funds: 2.8%

PROS

Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.54x)
Company has a consistent dividend-paying track record
Company generates healthy free cash flow
Company maintains a comfortable, low leverage position

CONS

Company is loss-making at the operating / net level
Recent results are weak - TTM profit is down 157.4% versus prior year
Operating cash flow has been negative in recent years
Receivables are growing faster than sales - a possible quality concern
Interest coverage is weak at -2.2x - earnings barely cover interest
Company has a low return on equity of 8.2% over last 3 years

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS

Oil Gas & Consumable FuelsTradingTrading

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	ADANIENT	2979.00	54.17	403273.96	0.04	-1461.54	-249.67	32923.98	49.92	13.30	15.57
2.	AEGISLOG	1363.65	38.25	47864.12	0.64	544.84	210.70	2356.86	37.07	19.76	30.28
3.	PREMIERENE	1008.00	27.48	45758.31	0.10	471.92	53.32	2462.59	35.25	41.97	29.03
4.	CPPLUS	3307.45	81.98	39127.28	0.05	142.20	332.51	1402.42	89.51	29.48	14.52
5.	REDINGTON	334.90	15.39	26181.63	1.79	453.49	94.65	34922.47	34.57	18.96	2.03
6.	HONASA	476.90	62.48	15548.09	0.63	90.45	118.87	755.95	27.00	8.99	14.58
7.	LLOYDSENT	78.59	106.84	11997.17	0.19	109.98	-55.77	563.03	70.15	12.84	18.07
8.	SGMART	805.80	81.69	10155.92	0.00	455.80	1310.71	13085.70	1044.08	11.45	4.49
9.	MMTC	62.10	20.82	9315.00	0.00	104.24	135.52	0.68	-50.00	6.90	-1423.53
10.	CELLO	358.45	25.31	7917.62	0.42	73.40	-8.99	526.72	-0.43	17.15	18.80
11.	EBGNG	588.80	47.13	6713.00	0.00	28.93	56.21	412.46	32.08	20.14	11.97
12.	SYMPHONY	601.00	0.00	4127.15	1.50	40.00	-4.76	378.00	50.60	-5.19	12.17

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	302	275	247	332	393	289	193	488	251	163	179	338	378
	276	234	203	275	306	212	162	381	225	139	150	288	341
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	16	11	15	9	9	18	7	11	21	13	8	13	13
Interest	3	2	3	2	0	0	0	3	0	0	0	5	3
Depreciation	7	7	6	6	2	2	3	5	2	3	2	6	6
	30	43	50	58	94	93	-11	110	50	34	37	-157	50
Tax %	20.00%	18.60%	18.00%	17.24%	22.34%	24.73%	18.18%	28.18%	22.00%	26.47%	27.03%	-38.85%	20.00%
Net Profit	0	0	0	0	88	56	-10	79	42	19	20	-218	40
	3	5	6	7	10	10	-1	11	6	4	4	-32	1
Equity Capital	14	14	14	14	14	14	14	14	14	14	14	14	14
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	14	14	14	14	14	14	14	14	14	14	14	14	14
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 302
: 276
Operating Profit: —
OPM %: —
Other Income: 16
Interest: 3
Depreciation: 7
: 30
Tax %: 20.00%
Net Profit: 0
: 3
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 275
: 234
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 2
Depreciation: 7
: 43
Tax %: 18.60%
Net Profit: 0
: 5
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 247
: 203
Operating Profit: —
OPM %: —
Other Income: 15
Interest: 3
Depreciation: 6
: 50
Tax %: 18.00%
Net Profit: 0
: 6
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 332
: 275
Operating Profit: —
OPM %: —
Other Income: 9
Interest: 2
Depreciation: 6
: 58
Tax %: 17.24%
Net Profit: 0
: 7
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 393
: 306
Operating Profit: —
OPM %: —
Other Income: 9
Interest: 0
Depreciation: 2
: 94
Tax %: 22.34%
Net Profit: 88
: 10
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 289
: 212
Operating Profit: —
OPM %: —
Other Income: 18
Interest: 0
Depreciation: 2
: 93
Tax %: 24.73%
Net Profit: 56
: 10
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 193
: 162
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 0
Depreciation: 3
: -11
Tax %: 18.18%
Net Profit: -10
: -1
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 488
: 381
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 3
Depreciation: 5
: 110
Tax %: 28.18%
Net Profit: 79
: 11
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 251
: 225
Operating Profit: —
OPM %: —
Other Income: 21
Interest: 0
Depreciation: 2
: 50
Tax %: 22.00%
Net Profit: 42
: 6
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 163
: 139
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 0
Depreciation: 3
: 34
Tax %: 26.47%
Net Profit: 19
: 4
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 179
: 150
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 0
Depreciation: 2
: 37
Tax %: 27.03%
Net Profit: 20
: 4
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 338
: 288
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 5
Depreciation: 6
: -157
Tax %: -38.85%
Net Profit: -218
: -32
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 378
: 341
Operating Profit: —
OPM %: —
Other Income: 13
Interest: 3
Depreciation: 6
: 50
Tax %: 20.00%
Net Profit: 40
: 1
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 14
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	765	798	844	1,103	900	1,039	1,188	1,156	1,576	1,130	1,058
	565	580	711	889	759	877	1,048	986	1,264	1,005	918
Operating Profit	243	274	172	268	172	202	190	221	359	186	—
OPM %	32	34	20	24	19	19	16	19	23	16	—
Other Income	43	56	39	55	31	40	50	51	47	61	47
Interest	1	2	8	13	12	10	12	12	11	18	8
Depreciation	7	7	10	21	21	24	26	26	22	20	17
	235	265	130	230	131	168	152	181	280	-59	-36
Tax %	29	27	30	21	18	28	24	18	24	-138	-250
Net Profit	166	193	92	182	107	121	116	148	212	-141	-126
EPS	24	28	13	26	15	17	17	21	31	-21	—
Dividend Payout %	19	16	34	89	33	52	30	61	42	-44	—
Minority Interest	0	0	1	-0	-0	-1	1	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	24	28	13	26	15	17	17	21	31	-21	—
Minority Interest	0	0	1	-0	-0	-1	1	0	0	0	0
Share of Associates	0	0	0	0	0	0	0	0	0	0	0
Adjusted EPS	24	28	13	26	15	17	17	21	31	-21	—

Mar 2017

: 765
: 565
Operating Profit: 243
OPM %: 32
Other Income: 43
Interest: 1
Depreciation: 7
: 235
Tax %: 29
Net Profit: 166
EPS: 24
Dividend Payout %: 19
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 24
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 24

Mar 2018

: 798
: 580
Operating Profit: 274
OPM %: 34
Other Income: 56
Interest: 2
Depreciation: 7
: 265
Tax %: 27
Net Profit: 193
EPS: 28
Dividend Payout %: 16
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 28
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 28

Mar 2019

: 844
: 711
Operating Profit: 172
OPM %: 20
Other Income: 39
Interest: 8
Depreciation: 10
: 130
Tax %: 30
Net Profit: 92
EPS: 13
Dividend Payout %: 34
Minority Interest: 1
Share of Associates: 0
Adjusted EPS: 13
Minority Interest: 1
Share of Associates: 0
Adjusted EPS: 13

Mar 2020

: 1,103
: 889
Operating Profit: 268
OPM %: 24
Other Income: 55
Interest: 13
Depreciation: 21
: 230
Tax %: 21
Net Profit: 182
EPS: 26
Dividend Payout %: 89
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: 26
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: 26

Mar 2021

: 900
: 759
Operating Profit: 172
OPM %: 19
Other Income: 31
Interest: 12
Depreciation: 21
: 131
Tax %: 18
Net Profit: 107
EPS: 15
Dividend Payout %: 33
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: 15
Minority Interest: -0
Share of Associates: 0
Adjusted EPS: 15

Mar 2022

: 1,039
: 877
Operating Profit: 202
OPM %: 19
Other Income: 40
Interest: 10
Depreciation: 24
: 168
Tax %: 28
Net Profit: 121
EPS: 17
Dividend Payout %: 52
Minority Interest: -1
Share of Associates: 0
Adjusted EPS: 17
Minority Interest: -1
Share of Associates: 0
Adjusted EPS: 17

Mar 2023

: 1,188
: 1,048
Operating Profit: 190
OPM %: 16
Other Income: 50
Interest: 12
Depreciation: 26
: 152
Tax %: 24
Net Profit: 116
EPS: 17
Dividend Payout %: 30
Minority Interest: 1
Share of Associates: 0
Adjusted EPS: 17
Minority Interest: 1
Share of Associates: 0
Adjusted EPS: 17

Mar 2024

: 1,156
: 986
Operating Profit: 221
OPM %: 19
Other Income: 51
Interest: 12
Depreciation: 26
: 181
Tax %: 18
Net Profit: 148
EPS: 21
Dividend Payout %: 61
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 21
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 21

Mar 2025

: 1,576
: 1,264
Operating Profit: 359
OPM %: 23
Other Income: 47
Interest: 11
Depreciation: 22
: 280
Tax %: 24
Net Profit: 212
EPS: 31
Dividend Payout %: 42
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 31
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 31

Mar 2026

: 1,130
: 1,005
Operating Profit: 186
OPM %: 16
Other Income: 61
Interest: 18
Depreciation: 20
: -59
Tax %: -138
Net Profit: -141
EPS: -21
Dividend Payout %: -44
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -21
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: -21

TTM

: 1,058
: 918
Operating Profit: —
OPM %: —
Other Income: 47
Interest: 8
Depreciation: 17
: -36
Tax %: -250
Net Profit: -126
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 10%
5 Years:: 5%
3 Years:: -2%

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: -6%
5 Years:: -8%
3 Years:: -11%
1 Year:: -36%

RETURN ON EQUITY

10 Years:: 19%
5 Years:: 11%
3 Years:: 8%
Last Year:: -22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	14	14	14	14	14	14	14	14	14	14
	451	598	652	625	745	825	867	735	747	531
	19	26	64	71	44	80	87	66	74	144
Trade Payables	55	58	129	115	136	149	166	133	179	129
	128	124	231	293	304	324	303	280	344	250
Total Liabilities	667	819	1,091	1,118	1,243	1,393	1,436	1,228	1,358	1,068
ASSETS	-	-	-	-	-	-	-	-	-	-
	79	82	237	318	354	355	351	327	322	165
Capital Work in Progress	0	0	6	2	0	0	0	0	0	0
	292	422	458	412	484	500	527	373	440	268
	77	80	119	118	118	173	250	231	284	312
	0	0	0	0	0	0	0	168	141	151
Cash & Bank	47	23	54	25	38	68	57	44	38	52
	172	213	216	242	248	297	252	86	134	119
Total Assets	667	819	1,091	1,118	1,243	1,393	1,436	1,228	1,358	1,068
Total Debt	19	26	188	173	184	221	197	148	128	144
Net Working Capital	282	363	347	321	419	472	322	234	125	237
Contingent Liabilities	35	35	253	3	2	2	9	11	10	26
Book Value per Share	66.48	87.44	95.22	91.38	108.54	120.01	125.93	108.63	110.79	79.42
Face Value	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00
Total Debt	19	26	188	173	184	221	197	148	128	144
Net Working Capital	282	363	347	321	419	472	322	234	125	237
Contingent Liabilities	35	35	253	3	2	2	9	11	10	26
Book Value per Share	66.48	87.44	95.22	91.38	108.54	120.01	125.93	108.63	110.79	79.42
Face Value	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00

Mar 2017

Equity Capital: 14
: 451
: 19
Trade Payables: 55
: 128
Total Liabilities: 667
: 79
Capital Work in Progress: 0
: 292
: 77
: 0
Cash & Bank: 47
: 172
Total Assets: 667
Total Debt: 19
Net Working Capital: 282
Contingent Liabilities: 35
Book Value per Share: 66.48
Face Value: 2.00
Total Debt: 19
Net Working Capital: 282
Contingent Liabilities: 35
Book Value per Share: 66.48
Face Value: 2.00

Mar 2018

Equity Capital: 14
: 598
: 26
Trade Payables: 58
: 124
Total Liabilities: 819
: 82
Capital Work in Progress: 0
: 422
: 80
: 0
Cash & Bank: 23
: 213
Total Assets: 819
Total Debt: 26
Net Working Capital: 363
Contingent Liabilities: 35
Book Value per Share: 87.44
Face Value: 2.00
Total Debt: 26
Net Working Capital: 363
Contingent Liabilities: 35
Book Value per Share: 87.44
Face Value: 2.00

Mar 2019

Equity Capital: 14
: 652
: 64
Trade Payables: 129
: 231
Total Liabilities: 1,091
: 237
Capital Work in Progress: 6
: 458
: 119
: 0
Cash & Bank: 54
: 216
Total Assets: 1,091
Total Debt: 188
Net Working Capital: 347
Contingent Liabilities: 253
Book Value per Share: 95.22
Face Value: 2.00
Total Debt: 188
Net Working Capital: 347
Contingent Liabilities: 253
Book Value per Share: 95.22
Face Value: 2.00

Mar 2020

Equity Capital: 14
: 625
: 71
Trade Payables: 115
: 293
Total Liabilities: 1,118
: 318
Capital Work in Progress: 2
: 412
: 118
: 0
Cash & Bank: 25
: 242
Total Assets: 1,118
Total Debt: 173
Net Working Capital: 321
Contingent Liabilities: 3
Book Value per Share: 91.38
Face Value: 2.00
Total Debt: 173
Net Working Capital: 321
Contingent Liabilities: 3
Book Value per Share: 91.38
Face Value: 2.00

Mar 2021

Equity Capital: 14
: 745
: 44
Trade Payables: 136
: 304
Total Liabilities: 1,243
: 354
Capital Work in Progress: 0
: 484
: 118
: 0
Cash & Bank: 38
: 248
Total Assets: 1,243
Total Debt: 184
Net Working Capital: 419
Contingent Liabilities: 2
Book Value per Share: 108.54
Face Value: 2.00
Total Debt: 184
Net Working Capital: 419
Contingent Liabilities: 2
Book Value per Share: 108.54
Face Value: 2.00

Mar 2022

Equity Capital: 14
: 825
: 80
Trade Payables: 149
: 324
Total Liabilities: 1,393
: 355
Capital Work in Progress: 0
: 500
: 173
: 0
Cash & Bank: 68
: 297
Total Assets: 1,393
Total Debt: 221
Net Working Capital: 472
Contingent Liabilities: 2
Book Value per Share: 120.01
Face Value: 2.00
Total Debt: 221
Net Working Capital: 472
Contingent Liabilities: 2
Book Value per Share: 120.01
Face Value: 2.00

Mar 2023

Equity Capital: 14
: 867
: 87
Trade Payables: 166
: 303
Total Liabilities: 1,436
: 351
Capital Work in Progress: 0
: 527
: 250
: 0
Cash & Bank: 57
: 252
Total Assets: 1,436
Total Debt: 197
Net Working Capital: 322
Contingent Liabilities: 9
Book Value per Share: 125.93
Face Value: 2.00
Total Debt: 197
Net Working Capital: 322
Contingent Liabilities: 9
Book Value per Share: 125.93
Face Value: 2.00

Mar 2024

Equity Capital: 14
: 735
: 66
Trade Payables: 133
: 280
Total Liabilities: 1,228
: 327
Capital Work in Progress: 0
: 373
: 231
: 168
Cash & Bank: 44
: 86
Total Assets: 1,228
Total Debt: 148
Net Working Capital: 234
Contingent Liabilities: 11
Book Value per Share: 108.63
Face Value: 2.00
Total Debt: 148
Net Working Capital: 234
Contingent Liabilities: 11
Book Value per Share: 108.63
Face Value: 2.00

Mar 2025

Equity Capital: 14
: 747
: 74
Trade Payables: 179
: 344
Total Liabilities: 1,358
: 322
Capital Work in Progress: 0
: 440
: 284
: 141
Cash & Bank: 38
: 134
Total Assets: 1,358
Total Debt: 128
Net Working Capital: 125
Contingent Liabilities: 10
Book Value per Share: 110.79
Face Value: 2.00
Total Debt: 128
Net Working Capital: 125
Contingent Liabilities: 10
Book Value per Share: 110.79
Face Value: 2.00

Mar 2026

Equity Capital: 14
: 531
: 144
Trade Payables: 129
: 250
Total Liabilities: 1,068
: 165
Capital Work in Progress: 0
: 268
: 312
: 151
Cash & Bank: 52
: 119
Total Assets: 1,068
Total Debt: 144
Net Working Capital: 237
Contingent Liabilities: 26
Book Value per Share: 79.42
Face Value: 2.00
Total Debt: 144
Net Working Capital: 237
Contingent Liabilities: 26
Book Value per Share: 79.42
Face Value: 2.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	95	107	140	157	89	57	125	162	259	-81
Cash from Investing	-65	-102	-250	78	-53	6	-11	193	-41	190
Cash from Financing	-5	-29	118	-241	-21	-34	-124	-367	-224	-95
	25	-25	7	-6	14	29	-10	-12	-6	14
Free Cash Flow	95	107	-29	60	34	31	106	162	258	-81
OCF / Net Profit	0.57	0.55	1.52	0.86	0.83	0.47	1.08	1.09	1.22	0.58
Cumulative 5-Year FCF	0	0	0	0	266	202	201	392	591	476
OCF / Net Profit	0.57	0.55	1.52	0.86	0.83	0.47	1.08	1.09	1.22	0.58
Cumulative 5-Year FCF	0	0	0	0	266	202	201	392	591	476

Mar 2017

: 95
Cash from Investing: -65
Cash from Financing: -5
: 25
Free Cash Flow: 95
OCF / Net Profit: 0.57
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.57
Cumulative 5-Year FCF: 0

Mar 2018

: 107
Cash from Investing: -102
Cash from Financing: -29
: -25
Free Cash Flow: 107
OCF / Net Profit: 0.55
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.55
Cumulative 5-Year FCF: 0

Mar 2019

: 140
Cash from Investing: -250
Cash from Financing: 118
: 7
Free Cash Flow: -29
OCF / Net Profit: 1.52
Cumulative 5-Year FCF: 0
OCF / Net Profit: 1.52
Cumulative 5-Year FCF: 0

Mar 2020

: 157
Cash from Investing: 78
Cash from Financing: -241
: -6
Free Cash Flow: 60
OCF / Net Profit: 0.86
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.86
Cumulative 5-Year FCF: 0

Mar 2021

: 89
Cash from Investing: -53
Cash from Financing: -21
: 14
Free Cash Flow: 34
OCF / Net Profit: 0.83
Cumulative 5-Year FCF: 266
OCF / Net Profit: 0.83
Cumulative 5-Year FCF: 266

Mar 2022

: 57
Cash from Investing: 6
Cash from Financing: -34
: 29
Free Cash Flow: 31
OCF / Net Profit: 0.47
Cumulative 5-Year FCF: 202
OCF / Net Profit: 0.47
Cumulative 5-Year FCF: 202

Mar 2023

: 125
Cash from Investing: -11
Cash from Financing: -124
: -10
Free Cash Flow: 106
OCF / Net Profit: 1.08
Cumulative 5-Year FCF: 201
OCF / Net Profit: 1.08
Cumulative 5-Year FCF: 201

Mar 2024

: 162
Cash from Investing: 193
Cash from Financing: -367
: -12
Free Cash Flow: 162
OCF / Net Profit: 1.09
Cumulative 5-Year FCF: 392
OCF / Net Profit: 1.09
Cumulative 5-Year FCF: 392

Mar 2025

: 259
Cash from Investing: -41
Cash from Financing: -224
: -6
Free Cash Flow: 258
OCF / Net Profit: 1.22
Cumulative 5-Year FCF: 591
OCF / Net Profit: 1.22
Cumulative 5-Year FCF: 591

Mar 2026

: -81
Cash from Investing: 190
Cash from Financing: -95
: 14
Free Cash Flow: -81
OCF / Net Profit: 0.58
Cumulative 5-Year FCF: 476
OCF / Net Profit: 0.58
Cumulative 5-Year FCF: 476

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	23.77	27.53	13.19	25.94	15.35	17.20	16.64	21.48	30.95	-20.55
Book Value (₹)	66.48	87.44	95.22	91.38	108.54	120.01	125.93	108.63	110.79	79.42
Dividend per Share (₹)	4.50	4.50	4.50	23.00	5.00	9.00	5.00	13.00	13.00	9.00
Cash EPS (₹)	24.75	28.50	14.50	29.01	18.41	20.73	20.35	25.23	34.19	-17.68
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	31.71%	34.30%	20.37%	22.86%	17.18%	18.57%	15.44%	14.17%	19.22%	10.71%
Net Margin %	21.74%	24.12%	10.85%	15.49%	10.72%	11.11%	9.42%	12.31%	13.09%	-12.04%
ROE %	42.44%	35.77%	14.33%	27.85%	15.36%	15.12%	13.47%	18.18%	28.15%	-21.60%
ROCE %	58.69%	47.61%	18.50%	29.17%	16.35%	17.75%	15.30%	19.54%	32.59%	-5.19%
	29.24%	25.90%	9.59%	16.46%	9.10%	9.17%	8.19%	11.12%	16.43%	-11.63%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	24	26	36	35	52	63	48	43	35	46
Inventory Days	32	36	43	37	43	49	63	73	58	93
Payable Days	52	54	76	76	92	91	86	91	71	95
	3	8	4	-4	3	21	24	25	21	43
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.04x	0.04x	0.28x	0.27x	0.24x	0.26x	0.22x	0.20x	0.17x	0.26x
Interest Coverage (x)	333.08x	120.82x	17.71x	19.33x	11.57x	17.19x	14.05x	16.10x	25.85x	-2.24x
	2.45x	2.85x	2.14x	1.89x	2.37x	2.19x	1.71x	1.55x	1.20x	1.47x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	71.64%	4.38%	5.68%	30.70%	-18.39%	15.47%	14.29%	-2.65%	36.30%	-28.26%
Operating Profit Growth %	54.43%	12.90%	-37.24%	56.05%	-35.82%	17.38%	-5.95%	16.41%	62.31%	-48.13%
Net Profit Growth %	40.48%	15.80%	-52.45%	98.55%	-40.93%	12.55%	-4.12%	27.83%	43.46%	-166.38%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	29.08%	44.08%	-166.38%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	39.49x	36.17x	0.00x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	7.81x	10.11x	8.65x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.53%	1.16%	1.31%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	26.91x	21.66x	25.83x

Mar 2017

EPS (₹): 23.77
Book Value (₹): 66.48
Dividend per Share (₹): 4.50
Cash EPS (₹): 24.75
Operating Margin %: 31.71%
Net Margin %: 21.74%
ROE %: 42.44%
ROCE %: 58.69%
: 29.24%
Debtor Days: 24
Inventory Days: 32
Payable Days: 52
: 3
Debt to Equity (x): 0.04x
Interest Coverage (x): 333.08x
: 2.45x
Revenue Growth %: 71.64%
Operating Profit Growth %: 54.43%
Net Profit Growth %: 40.48%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 27.53
Book Value (₹): 87.44
Dividend per Share (₹): 4.50
Cash EPS (₹): 28.50
Operating Margin %: 34.30%
Net Margin %: 24.12%
ROE %: 35.77%
ROCE %: 47.61%
: 25.90%
Debtor Days: 26
Inventory Days: 36
Payable Days: 54
: 8
Debt to Equity (x): 0.04x
Interest Coverage (x): 120.82x
: 2.85x
Revenue Growth %: 4.38%
Operating Profit Growth %: 12.90%
Net Profit Growth %: 15.80%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 13.19
Book Value (₹): 95.22
Dividend per Share (₹): 4.50
Cash EPS (₹): 14.50
Operating Margin %: 20.37%
Net Margin %: 10.85%
ROE %: 14.33%
ROCE %: 18.50%
: 9.59%
Debtor Days: 36
Inventory Days: 43
Payable Days: 76
: 4
Debt to Equity (x): 0.28x
Interest Coverage (x): 17.71x
: 2.14x
Revenue Growth %: 5.68%
Operating Profit Growth %: -37.24%
Net Profit Growth %: -52.45%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 25.94
Book Value (₹): 91.38
Dividend per Share (₹): 23.00
Cash EPS (₹): 29.01
Operating Margin %: 22.86%
Net Margin %: 15.49%
ROE %: 27.85%
ROCE %: 29.17%
: 16.46%
Debtor Days: 35
Inventory Days: 37
Payable Days: 76
: -4
Debt to Equity (x): 0.27x
Interest Coverage (x): 19.33x
: 1.89x
Revenue Growth %: 30.70%
Operating Profit Growth %: 56.05%
Net Profit Growth %: 98.55%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 15.35
Book Value (₹): 108.54
Dividend per Share (₹): 5.00
Cash EPS (₹): 18.41
Operating Margin %: 17.18%
Net Margin %: 10.72%
ROE %: 15.36%
ROCE %: 16.35%
: 9.10%
Debtor Days: 52
Inventory Days: 43
Payable Days: 92
: 3
Debt to Equity (x): 0.24x
Interest Coverage (x): 11.57x
: 2.37x
Revenue Growth %: -18.39%
Operating Profit Growth %: -35.82%
Net Profit Growth %: -40.93%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 17.20
Book Value (₹): 120.01
Dividend per Share (₹): 9.00
Cash EPS (₹): 20.73
Operating Margin %: 18.57%
Net Margin %: 11.11%
ROE %: 15.12%
ROCE %: 17.75%
: 9.17%
Debtor Days: 63
Inventory Days: 49
Payable Days: 91
: 21
Debt to Equity (x): 0.26x
Interest Coverage (x): 17.19x
: 2.19x
Revenue Growth %: 15.47%
Operating Profit Growth %: 17.38%
Net Profit Growth %: 12.55%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 16.64
Book Value (₹): 125.93
Dividend per Share (₹): 5.00
Cash EPS (₹): 20.35
Operating Margin %: 15.44%
Net Margin %: 9.42%
ROE %: 13.47%
ROCE %: 15.30%
: 8.19%
Debtor Days: 48
Inventory Days: 63
Payable Days: 86
: 24
Debt to Equity (x): 0.22x
Interest Coverage (x): 14.05x
: 1.71x
Revenue Growth %: 14.29%
Operating Profit Growth %: -5.95%
Net Profit Growth %: -4.12%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 21.48
Book Value (₹): 108.63
Dividend per Share (₹): 13.00
Cash EPS (₹): 25.23
Operating Margin %: 14.17%
Net Margin %: 12.31%
ROE %: 18.18%
ROCE %: 19.54%
: 11.12%
Debtor Days: 43
Inventory Days: 73
Payable Days: 91
: 25
Debt to Equity (x): 0.20x
Interest Coverage (x): 16.10x
: 1.55x
Revenue Growth %: -2.65%
Operating Profit Growth %: 16.41%
Net Profit Growth %: 27.83%
: 29.08%
P/E (x): 39.49x
P/B (x): 7.81x
Dividend Yield %: 1.53%
: 26.91x

Mar 2025

EPS (₹): 30.95
Book Value (₹): 110.79
Dividend per Share (₹): 13.00
Cash EPS (₹): 34.19
Operating Margin %: 19.22%
Net Margin %: 13.09%
ROE %: 28.15%
ROCE %: 32.59%
: 16.43%
Debtor Days: 35
Inventory Days: 58
Payable Days: 71
: 21
Debt to Equity (x): 0.17x
Interest Coverage (x): 25.85x
: 1.20x
Revenue Growth %: 36.30%
Operating Profit Growth %: 62.31%
Net Profit Growth %: 43.46%
: 44.08%
P/E (x): 36.17x
P/B (x): 10.11x
Dividend Yield %: 1.16%
: 21.66x

Mar 2026

EPS (₹): -20.55
Book Value (₹): 79.42
Dividend per Share (₹): 9.00
Cash EPS (₹): -17.68
Operating Margin %: 10.71%
Net Margin %: -12.04%
ROE %: -21.60%
ROCE %: -5.19%
: -11.63%
Debtor Days: 46
Inventory Days: 93
Payable Days: 95
: 43
Debt to Equity (x): 0.26x
Interest Coverage (x): -2.24x
: 1.47x
Revenue Growth %: -28.26%
Operating Profit Growth %: -48.13%
Net Profit Growth %: -166.38%
: -166.38%
P/E (x): 0.00x
P/B (x): 8.65x
Dividend Yield %: 1.31%
: 25.83x

Shareholding Pattern

Numbers in percentages

TRADES

	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	73.43	73.43	73.43	73.43	73.43	73.43	73.43	73.43
	6.11	6.78	6.18	6.47	5.98	5.30	3.28	2.43
	8.96	8.45	8.68	8.60	8.84	8.74	8.72	8.47
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	11.50	11.34	11.72	11.50	11.76	12.52	14.58	15.66

Sep 2024

: 73.43
: 6.11
: 8.96
Government: 0.00
: 11.50

Dec 2024

: 73.43
: 6.78
: 8.45
Government: 0.00
: 11.34

Mar 2025

: 73.43
: 6.18
: 8.68
Government: 0.00
: 11.72

Jun 2025

: 73.43
: 6.47
: 8.60
Government: 0.00
: 11.50

Sep 2025

: 73.43
: 5.98
: 8.84
Government: 0.00
: 11.76

Dec 2025

: 73.43
: 5.30
: 8.74
Government: 0.00
: 12.52

Mar 2026

: 73.43
: 3.28
: 8.72
Government: 0.00
: 14.58

Jun 2026

: 73.43
: 2.43
: 8.47
Government: 0.00
: 15.66

Documents

Announcements

Investor Presentation
2026-08-12 - Symphony Limited has informed the Exchange about Investor Presentation
General Updates
2026-08-12 - Interaction with Electronic Media

Annual Reports

Credit Ratings

Nothing filed yet.

Concalls

Aug 2026
Transcript PPTREC
Jul 2026
TranscriptPPTREC
May 2026
Transcript PPTREC