Symphony Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.73 Cr
- Company Age 37 Year, 28 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 520.40 Cr
- Satisfied Charges ₹ 145.03 Cr
- Revenue Growth 37.02%
- Profit Growth 48.72%
- Ebitda 53.28%
- Net Worth 10.36%
- Total Assets 8.58%
About Symphony
Symphony Limited (SL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 February 1988 and has a history of 37 years. Its registered office is in Ahmedabad, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517385 and on the National Stock Exchange(NSE) under SYMPHONY.
The Corporate was formerly known as Symphony Comfort Systems Pvt Ltd. The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 13.73 Cr.
The company currently has active open charges totaling ₹520.40 Cr. The company has closed loans amounting to ₹145.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Symphony Limited India are Mayur Barvadiya as COMPANY SECRETARY and Girish Thakkar as Cfo. Malavika Harita, Jonaki Bakeri, Amit Kumar, and Six other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Consumer Electronics & Durables
What products or services does Symphony Limited offer?
Symphony Limited offers a wide range of products and services, including Industrial Air Cooler, Symphony Industrial Air Cooler, Air Coolers, Symphony Air Cooler, Industrial Air Conditioner & Devices, Industrial Cooling System.
Who are the key members and board of directors at Symphony?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Achal Bakeri  | Managing Director | 26-Dec-2008 | Current |
| Mayur Barvadiya | Company Secretary | 26-Jul-2016 | Current |
| Girish Thakkar | CFO | 01-Oct-2021 | Current |
| Nrupesh Shah | Managing Director | 19-Oct-2002 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Santosh Nema | Director | 31-Jul-2019 | Current |
| Ashish Deshpande | Director | 22-May-2018 | Current |
| Malavika Harita | Director | 13-Aug-2024 | Current |
| Jonaki Bakeri | Director | 20-Aug-2014 | Current |
| Amit Kumar | Whole-Time Director | 02-Aug-2021 | Current |
| Naishadh Parikh | Director | 13-Aug-2015 | Current |
Financial Performance of Symphony.
Symphony Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.02% increase. The company also saw a substantial improvement in profitability, with a 48.72% increase in profit. The company's net worth Soared by an impressive increase of 10.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Symphony?
In 2023, Symphony had a promoter holding of 73.25% and a public holding of 26.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Suvik Electronics Private LimitedNaishadh Parikh is a mutual person
Scarlet Living Private LimitedAchal Bakeri is a mutual person
Rebuild LlpSantosh Nema is a mutual person
Nuvoco Vistas Corporation LimitedAchal Bakeri is a mutual person
Equinox Solutions LimitedNaishadh Parikh is a mutual person
Eimco Elecon (India ) LimitedReena Pravin is a mutual person
Charges (Loans)
Open Charges
₹520.40 Cr
Satisfied Charges
₹145.03 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 406.36 Cr
- Others : 75.00 Cr
- Hdfc Bank Limited : 39.00 Cr
- Corporation Bank : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2023 | Standard Chartered Bank | ₹125.00 Cr | Open |
| 16 Mar 2023 | Hdfc Bank Limited | ₹39.00 Cr | Open |
| 10 Jun 2021 | Others | ₹75.00 Cr | Open |
| 31 Dec 2020 | Standard Chartered Bank | ₹140.68 Cr | Open |
| 22 Nov 2018 | Standard Chartered Bank | ₹140.68 Cr | Open |
How Many Employees Work at Symphony?
Symphony has a workforce of 457 employees as of Jul 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Symphony, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Symphony's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Symphony
Recent activity within the organization
- Director Appointment
Malavika Ramanathan Harita was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 6 months 22 days .
- Annual General Meeting
Symphony Limited last Annual general meeting of members was held on 06 Aug 2024 as per latest MCA records.
- Balance Sheet
Symphony Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 21 Dec 2016 via Charge ID 100068014 with Standard Chartered Bank was fully satisfied on 05 Jun 2023.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 125.00 Cr with Charge ID 100724473 was registered on 18 May 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 39.00 Cr with Charge ID 100711552 was registered on 16 Mar 2023.
Recent News, Updates & Announcement
- Pagaya nearing $1 billion market cap after shares surge 13% on partnership with auto finance firm Exeter.
Exeter Finance said it intends to use the fintech firm's credit-decisioning product across its national network of over 13,000 auto dealers.
- FIA Tech integrates DataBank with Symphony.
FIA Tech, the leading exchange-traded derivative industry technology provider, is partnering with Symphony, the leading markets’ infrastructure and technology platform to improve data query workflows in capital markets..
Frequently asked questions
What is the Incorporation or founding date of Symphony Limited?
Symphony Limited was incorporated on 05 Feb 1988.
What is authorized share capital and paid-up capital of Symphony Limited?
The authorized share capital of Symphony Limited is ₹ 15.00 Cr and paid-up capital is ₹ 13.73 Cr.
Who are the current board members & directors of Symphony Limited?
Currently 11 directors are associated with Symphony Limited.
- Mayur Chimanbhai Barvadiya
- Girish Shantilal Thakkar
- Malavika Ramanathan Harita
- Jonaki Achal Bakeri
- Amit Kumar
- Santosh Kumar Nema
- Ashish Rameshchandra Deshpande
- Nrupesh Chandravadan Shah
- Achal Anil Bakeri
- Naishadh Indrakant Parikh
- Reena Bhagwati Pravin
What is the registered address of Symphony Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Symphony Limited is Symphony House Third Floor Fp-12 Tp-50 Off S.G. Highway Bodakdev, India, Ahmedabad, Gujarat, 380059.
What is the corporate identification number (CIN) and company number of Symphony Limited?
The corporate identification number (CIN) of Symphony Limited is L32201GJ1988PLC010331 and the company number is 010331 as per Ministry of Corporate Affairs (MCA).
Is Symphony Limited registered with any stock exchange in India?
Yes, Symphony Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SYMPHONY.
What is the official website of Symphony Limited?
The Official website of Symphony Limited is https://www.symphonylimited.com
What has been the recent revenue trend for Symphony Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Symphony Limited has risen by 37.02%.
How many employees does Symphony Limited currently have?
As Per 2023 financial reports, 457 employees are currently employed by Symphony Limited.
What change has been observed in the net worth of Symphony Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Symphony Limited has experienced an upsurge of 10.36%.
What are the total open charges for Symphony Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Symphony Limited amount to ₹ 520.40 Cr.
When was the last Balance Sheet of Symphony Limited filed with the ROC?
The most recent Balance Sheet for Symphony Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Himanshu ShahDirectorDP
Darshankumar PatelDirectorPB
Pravin BhagwatiDirectorDP
Dipak PalkarDirectorAY
Anupam YajnikDirectorSK
Satyen KothariDirector
Similar Companies Based on Electronics Manufacturing
Tata Electronics Systems Solutions Private Limited Kolar, Karnataka, India
Vivo Mobile India Private Limited Gurugram, Haryana, India
Schneider Electric India Private Limited Delhi, India
Oppo Mobiles India Private Limited Gurgaon, Haryana, India
L G Electronics India Limited Delhi, India
Godrej And Boyce Manufacturing Company Limited Mumbai, Maharashtra, India
Exide Industries Limited Kolkata, West Bengal, India
Apple India Private Limited Bangaluru, Karnataka, India