Symphony plays good tune

Figuring among the top five gainers on the BSE, Symphony is experiencing a significant surge today, with a notable 17% increase. This uptick is part of a broader upward trend, as the stock has risen approximately 42% over the past three days.

The stock is up on its robust earnings announced for Q4FY25. On a consolidated basis, the company posted a 47% (YoY) rise in revenye from operations at Rs.484 crore. EBITDA was up 77% at Rs.103 crore and margins rose by a good 358 bps to 21.22%. PAT for the quarter came in at Rs.79 crore, up 63%.

On its future outlook, the company said that it is entering the summer of 2025 with strong early momentum, despite mild weather. The company is focused on deeper rural and modern trade penetration and aims to scale in emerging and export markets. It’s capitalizing on new, year-round product categories like tower and kitchen fans, and off-season innovations like storage water heaters. To sharpen focus, Symphony is exiting less strategic operations in Australia and Mexico, redirecting resources to high-growth areas like the U.S., Brazil, and the Middle East, with an emphasis on better capital allocation and improved returns.