Symphony Q4 Results: Profit Up 63%, Revenue Hits Rs 1,576 Cr, Shares Jump

by Editor May 8, 2025

Symphony Shares Surge Over 12% as FY25 Revenue Crosses ₹1,500 Crore; Q4 Profit Climbs 63% — Detailed Insights

Shares of Symphony Limited, one of India’s leading multinational manufacturers of air-cooling and home appliances, soared by 12.33% to ₹1,347.90 on the National Stock Exchange (NSE) during early trade on Thursday, May 8, 2025, after the company released a robust set of quarterly and annual results.

The market responded positively to Symphony’s consistent growth, strong financials, and strategic plans to optimize its global footprint.

Exceptional Financial Performance in Q4 FY25

In the quarter ended March 31, 2025, Symphony reported its strongest-ever March quarter, setting new benchmarks in revenue and profitability.

Consolidated revenue stood at ₹488 crore, representing a 47% year-on-year (YoY) increase compared to the same period last year.
EBITDA (Earnings Before Interest, Tax, Depreciation, and Amortization) rose sharply by 77% YoY, reaching ₹103 crore.
The EBITDA margin expanded by 358 basis points (bps) to 21.22%, up from 17.64% in Q4 FY24.
Profit After Tax (PAT) surged 63% YoY to ₹79 crore, reflecting strong cost control and improved operational efficiency.

Commenting on the Q4 performance, Nrupesh Shah, Managing Director – Corporate Affairs, said, “This quarter’s performance reaffirms our strategic execution. We achieved record-high revenues and profitability in the March quarter, driven by increased market penetration, new product introductions, and operational leverage.”

Full-Year FY25 Results: Record Revenues and Profits

Symphony’s performance was equally strong over the full fiscal year 2024–25. The company achieved several key milestones, underlining its growth momentum:

Consolidated annual revenue rose 36% YoY to ₹1,576 crore, crossing the ₹1,500 crore mark for the first time.
EBITDA for the year surged 83% to ₹316 crore, with an EBITDA margin improvement of 512 bps, reaching 20.05%.
Net profit grew to ₹250 crore, up significantly from FY24.

On a standalone basis, Symphony reported revenue of ₹1,182 crore, up 49% YoY, crossing the ₹1,000 crore threshold for the first time. The standalone EBITDA and Profit Before Tax (PBT) also hit record levels. The company attributed this performance to a combination of factors, including:

The launch of 17 new air cooler models
Gross margin improvement through better cost management
Economies of scale and operating leverage
Stronger presence in semi-urban and rural markets
Enhanced performance across modern retail and digital channels

Shah added, “Our margins improved substantially across both standalone and consolidated levels, indicating our business model’s scalability and the success of our innovation-led approach.”

Dividend and Shareholder Return

Reflecting its strong profitability, Symphony’s board has recommended a final dividend of ₹8 per share (on a face value of ₹2). This brings the total payout to ₹178.4 crore, or 84% of the consolidated net profit, showcasing the company’s commitment to rewarding its shareholders.

Subsidiary Performance: Growth Across Geographies

Symphony’s global subsidiaries contributed meaningfully to the company’s performance in FY25, highlighting the strength of its international operations.

China (Guangdong Symphony Keruilai – GSK)

GSK demonstrated solid domestic and export performance. Noteworthy achievements include:

Repayment of ₹13.5 crore in inter-company loans to Symphony India from internal accruals
A reduction of outstanding debt to ₹49.6 crore
Signing a $5 million (₹43.5 crore) technology transfer agreement with IMPCO Mexico

Due to GSK’s improved cash flows and profitability, Symphony also wrote back impairment provisions worth ₹9.28 crore that were earlier made against equity and loan investments.

Brazil

Symphony’s trading subsidiary in Brazil continued to deliver robust results, benefiting from targeted expansion in a key growth market for air coolers.

Mexico (IMPCO)

IMPCO Mexico reported consistent financial growth, supported by product diversification and wider distribution. The new collaboration with GSK China is expected to enhance its leadership in the plastic air cooler segment in Latin America.

Australia (Climate Technologies – CT)

CT Australia reversed a trend of 11 consecutive quarters of year-on-year revenue decline, marking a major turnaround that began in the June 2022 quarter. The improvement is attributed to:

A broader product lineup
Geographic and channel expansion
Cost optimization initiatives

Strategic Shift: Exit from Non-Core Markets

In a significant strategic move, Symphony announced its decision to exit two subsidiaries—CT Australia and IMPCO Mexico. The company aims to sharpen its focus on core product lines and high-growth, high-profit markets.

According to management, this realignment is designed to:

Optimize capital allocation
Improve Return on Capital Employed (ROCE)
Drive sustainable and profitable growth

The U.S. market remains a key area of interest. Symphony plans to capitalize on its proven business model to expand its footprint in North America, where consumer demand for energy-efficient cooling solutions is on the rise.

Market Outlook and Business Strategy

While the summer of 2025 in India began on a strong note, Symphony noted that the momentum has moderated due to erratic weather conditions. However, the company remains optimistic about its growth trajectory.

Strategic priorities include: