Symphony Limited — Investor Meet, 08-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Symphony's Q1 FY'26 standalone revenue was ₹229 Cr, down from ₹373 Cr, with PAT at ₹37 Cr, primarily due to a subdued, rain-disrupted summer impacting all related industries. Despite the decline, it marks the second-highest June quarter sales ever. Channel inventory is currently high.

The company highlighted strong 50%+ CAGR growth in new categories like tower fans and industrial coolers, now comprising 25% of India sales, effectively mitigating seasonality. Exports also saw significant growth. Divestment of Mexican and Australian subsidiaries is progressing, with expected monetization by late FY'25 or early FY'26; proceeds won't be used for new acquisitions. Management remains confident in its diversification and asset-light business model.