Symphony Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 13.73 Cr
- Company Age 36 Year, 11 Months
- 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 36 years and 11 months. 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
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
Industry
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 |
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Mayur Barvadiya
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Company Secretary | 26-Jul-2016 | Current |
| Girish Thakkar | CFO | 01-Oct-2021 | Current |
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Nrupesh Shah
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Managing Director | 19-Oct-2002 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Santosh Nema
|
Director | 31-Jul-2019 | Current |
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Ashish Deshpande
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Director | 22-May-2018 | Current |
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Malavika Harita
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Director | 13-Aug-2024 | Current |
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Jonaki Bakeri
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Director | 20-Aug-2014 | Current |
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Amit Kumar
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Whole-Time Director | 02-Aug-2021 | Current |
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Naishadh Parikh
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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
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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)
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Suvik Electronics Private LimitedNaishadh Parikh is a mutual person
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Scarlet Living Private LimitedAchal Bakeri is a mutual person
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Rebuild LlpSantosh Nema is a mutual person
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Nuvoco Vistas Corporation LimitedAchal Bakeri is a mutual person
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Equinox Solutions LimitedNaishadh Parikh is a mutual person
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Eimco Elecon (India ) LimitedReena Pravin is a mutual person
Charges (Loans)
₹520.40 Cr
₹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.
