Symphony Limited Reports Second Highest Quarter Revenue and EBITDA

Symphony Limited Reports Second Highest Quarter Revenue and EBITDA​

Symphony Limited has reported its financial results, noting that both consolidated and standalone performance reached second-highest levels for the quarter, supported by resilient domestic demand and strategic diversification across global markets. The company also announced a dividend following the Board of Directors meeting.

The Chief Financial Highlights reflect strong operational execution in various segments, while management cited India-led growth as a key driver of resilience.

Financial Overview​

The company's quarterly financial performance is summarized below:

Consolidated Performance Highlights​

Symphony reported that consolidated revenue and EBITDA were the second highest for the quarter, reflecting disciplined execution across its global portfolio. The company continues to operate in over 60 countries worldwide.

The contribution from Beyond India Summer Products (BISP) was significant, generating ₹560 cr. in trailing twelve-month revenue, which accounted for 48% of the consolidated results and reinforced the company's strategy of diversifying beyond the Indian summer market.

Regional performance showed notable variations:

• Bonaire USA reported a 35% revenue growth, attributed to the successful scale-up of new air cooler SKUs.
• GSK China delivered a 43% revenue growth, supported by operating leverage that aided profitability.
• IMPCO Mexico experienced an 18% decline in revenue due to a muted summer season.
• CTPL Australia saw its revenue soften by 11%.

Profitability metrics for the consolidated segment were impacted by operational items, including ₹5 cr. of one-off noncash expenses in Q1 FY27 and ₹9 cr. of higher other income in Q1 FY26, comprising ₹3.6 cr. from treasury income, ₹2.9 cr. from forex gain, and ₹2.4 cr. from one-off income.

Standalone Performance and Market Resilience​

Standalone revenue was also the second highest for the quarter, underscoring resilience in domestic demand within India. Indian revenue grew by 15%, supported by volume growth. The company noted that modern trade more than doubled, while digital channels, including D2C, maintained high profitability.

The BISP segment contributed ₹179 cr. to the trailing twelve-month revenue, constituting 23% of results and reducing reliance on the Indian summer market. Gross margin and EBITDA margin remained resilient despite massive cost increases, supported by pre-season stocking, favorable product mix, and operational discipline.

Exports declined due to lower sales from subsidiaries and third parties, exacerbated by geopolitical and shipping disruptions. Profitability in the standalone segment was also affected by ₹16.9 cr. of higher other income in Q1 FY26, which included ₹4.7 cr. forex gain, ₹3.6 cr. treasury income, and ₹8.5 cr. one-off income.

Dividend Announcement​

At its board meeting, the Directors approved the first interim dividend for FY 2026-27 at ₹1 per share (on a face value of ₹2), translating to an approximate payout of ₹6.87 cr.

Mr Nrupesh Shah, Managing Director (Corporate Affairs) of Symphony Limited, commented that the results reflected resilient domestic demand and disciplined execution, reinforcing continued progress on strategic diversification across businesses and geographies.

SYMPHONY Stock Price Movement​

Symphony Limited stock shed 1.43% today, settling at ₹673 after closing down by ₹9.75. The shares traded within a volatile range of ₹671 and ₹701.55 during the trading session, which saw significant market participation with over 506,883 shares changing hands.