Financials Symphony Limited

Equities

SYMPHONY

INE225D01027

Appliances, Tools & Housewares

Market Closed - Bombay S.E. 03:30:50 06/05/2024 pm IST 5-day change 1st Jan Change
951.8 INR -1.39% Intraday chart for Symphony Limited +2.17% +8.67%

Valuation

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 96,817 55,343 88,419 76,757 71,027 65,630 - -
Enterprise Value (EV) 1 95,407 53,813 86,959 75,307 70,607 58,507 65,120 62,925
P/E ratio 106 x 30.5 x 82.3 x 63.8 x 60.9 x 39.6 x 35.8 x 29.3 x
Yield 0.33% 2.91% 0.4% 0.82% 0.49% 1.08% 1.26% 1.55%
Capitalization / Revenue 11.5 x 5.02 x 9.82 x 7.39 x 5.98 x 5.06 x 4.74 x 4.19 x
EV / Revenue 11.3 x 4.88 x 9.66 x 7.25 x 5.94 x 5.06 x 4.7 x 4.01 x
EV / EBITDA 72.3 x 25.4 x 62.6 x 46.8 x 51.2 x 34.8 x 27.6 x 21.9 x
EV / FCF 74.7 x 39.2 x 124 x 157 x 61.9 x 53.2 x 41.6 x 40.4 x
FCF Yield 1.34% 2.55% 0.8% 0.64% 1.61% 1.88% 2.4% 2.48%
Price to Book 14.5 x 8.67 x 11.7 x 9.14 x 8.06 x 9.62 x 7.84 x 7.17 x
Nbr of stocks (in thousands) 69,957 69,957 69,957 69,957 69,957 68,957 - -
Reference price 2 1,384 791.1 1,264 1,097 1,015 951.8 951.8 951.8
Announcement Date 22/05/19 29/05/20 27/04/21 03/05/22 05/05/23 30/04/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,440 11,030 9,000 10,390 11,880 11,560 13,844 15,678
EBITDA 1 1,320 2,120 1,390 1,610 1,380 1,680 2,358 2,868
EBIT 1 1,220 1,910 1,180 1,370 1,120 1,420 1,998 2,832
Operating Margin 14.45% 17.32% 13.11% 13.19% 9.43% 12.28% 14.43% 18.06%
Earnings before Tax (EBT) 1 1,300 2,300 1,310 1,680 1,520 1,810 2,453 2,984
Net income 1 920 1,820 1,070 1,200 1,170 1,480 1,826 2,250
Net margin 10.9% 16.5% 11.89% 11.55% 9.85% 12.8% 13.19% 14.35%
EPS 2 13.09 25.98 15.35 17.20 16.66 21.43 26.59 32.43
Free Cash Flow 1 1,277 1,373 700 480 1,140 1,189 1,566 1,559
FCF margin 15.13% 12.45% 7.78% 4.62% 9.6% 9.85% 11.31% 9.95%
FCF Conversion (EBITDA) 96.72% 64.77% 50.36% 29.81% 82.61% 68.33% 66.42% 54.37%
FCF Conversion (Net income) 138.77% 75.45% 65.42% 40% 97.44% 80.84% 85.78% 69.29%
Dividend per Share 2 4.500 23.00 5.000 9.000 5.000 10.32 11.97 14.74
Announcement Date 22/05/19 29/05/20 27/04/21 03/05/22 05/05/23 30/04/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 2,160 3,390 2,300 2,200 2,050 3,840 3,290 2,740 2,770 3,080 3,020 2,809 2,991 3,404 3,765
EBITDA 1 330 840 100 390 300 820 340 370 440 230 260 392.8 486.7 660 259
EBIT 1 - - - - 240 760 280 310 370 160 190 393 467.7 460.4 403.4
Operating Margin - - - - 11.71% 19.79% 8.51% 11.31% 13.36% 5.19% 6.29% 13.99% 15.64% 13.52% 10.71%
Earnings before Tax (EBT) 1 - - - 400 280 900 380 430 480 230 300 512 513 - 320
Net income 1 - - 60 300 210 630 290 330 390 160 240 334.5 378.5 460.3 244
Net margin - - 2.61% 13.64% 10.24% 16.41% 8.81% 12.04% 14.08% 5.19% 7.95% 11.91% 12.65% 13.52% 6.48%
EPS - - - - 2.960 9.050 4.210 4.670 - - - 6.300 - 7.300 -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 22/01/21 27/04/21 23/07/21 26/10/21 25/01/22 03/05/22 26/07/22 20/10/22 08/02/23 05/05/23 27/07/23 - - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 1,410 1,530 1,460 1,450 420 2,406 510 2,705
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 1,277 1,373 700 480 1,140 1,189 1,566 1,559
ROE (net income / shareholders' equity) 14.4% 27.9% 15.3% 15% 13.6% 17.5% 22.1% 24%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 95.10 91.20 108.0 120.0 126.0 99.00 121.0 133.0
Cash Flow per Share - - - - - - - -
Capex 1 119 196 190 90 110 184 246 206
Capex / Sales 1.41% 1.78% 2.11% 0.87% 0.93% 1.52% 1.78% 1.32%
Announcement Date 22/05/19 29/05/20 27/04/21 03/05/22 05/05/23 30/04/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
951.8 INR
Average target price
1,033 INR
Spread / Average Target
+8.50%
Consensus
  1. Stock Market
  2. Equities
  3. SYMPHONY Stock
  4. Financials Symphony Limited
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