Symphony Limited · NSE:SYMPHONY
Symphony — Non-Deal Roadshow (May 2022)
24 slides from Symphony's roadshow presentation, May 2022
Slide 1: Roadshow Presentation
Roadshow Presentation May 2022
Slide 2: Disclaimer
Disclaimer Safe Harbor Statement This presentation contains forward-looking statements which may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” “projects,” “estimates” or other words of similar meaning. All statements that address expectati
Slide 3: Contents
Contents 01 Symphony – An Indian MNC De-risking – Globally Profitable 02 Diversification 03 Strategies for Future Growth 04 Advancing ESG Agenda 08 3
Slide 4: Symphony – An Indian MNC
Sympheny Refreshing Lives ay Symphony — An Indian MNC
Slide 5: Symphony – An Indian MNC
Symphony – An Indian MNC Complementing Global Strengths ❖ R&D and Design Wide portfolio of global brands ❖ Market Access ❖ Strengthening innovation & ❖ Sales & Marketing competitiveness ❖ Value Engineering & Cost Optimization Agile supply chain enhancing The Singular objective of ❖ Operating Efficie
Slide 6: Symphony’s Global Journey
Symphony’s Global Journey Symphony Limited, GSK, Symphony Climatizadores, India China Brazil 1988 2016 2020 2009 2018 IMPCO, Climate Technologies, Mexico Australia (Founded in 1939) 1954 : Bonaire Industries 6 Guangdong Symphony Keruilai (GSK) commenced operations
Slide 7: Wide Portfolio of Global Brands
Wide Portfolio of Global Brands 7
Slide 8: Unique moat of Symphony
Unique moat of Symphony 14 4 100+ 60+ Domestic & Distinct Models Countries Overseas OEM Product with Business Facilities Categories Footprint 8
Slide 9: Glimpse of Symphony’s Footprint in India
Glimpse of Symphony’s Footprint in India 12 3 70+ 49 Domestic Distinct Ever Expanding OEM Product Models Branches Distribution Reach Facilities Categories 9
Slide 10: Shareholder Profile (As on 31.03.22)
Shareholder Profile (As on 31.03.22) Top Institutional Investors 10.53% Mutual Funds FPI 1.68% 4.49% Axis Taiyo Greater India Fund 10.05% Vanguard Emerging HDFC Market Stock Index Fund Schroder International UTI Selection Fund Indian Opportunities ICICI Prudential iShares Core Emerging 73.25% Market
Slide 11: De-risking – Globally Profitable Diversification
De-risking – Globally Profitable Diversification
Slide 12: Symphony Specific Market Size
Symphony Specific Market Size (₹ in Cr.) 11,900 4,000 3,500 2,100 900 1,000 400 India China Australia Direct Mexico USA Brazil Addressable Market Size 12 Source: Company Data
Slide 13: Robust Profitability of International Business
Robust Profitability of International Business Revenue (₹ in Cr.) Revenue (%) 1,039 900 527 51% 52% 469 512 431 49% 48% FY22 FY21 FY22 FY21 PBIT (₹ in Cr.) PBIT (%) 177 142 7% 70 39% 11 93% 107 131 61% FY22 FY21 FY22 FY21 13
Slide 14: Conso. Financials
Conso. Financials Gross Revenue (₹ in Cr.) EBITDA* (₹ in Cr.) Profit After Tax (₹ in Cr.) 16% 1,079 931 201 18% 170 13% 121 107 FY22 FY21 FY22 FY21 FY22 FY21 *Excluding exceptional items Gross Margin (%) EBITDA Margin (%) PAT Margin (%) 45% 45% 19% 18% 12% 11% FY22 FY21 FY22 FY21 FY22 FY21 14 *Gross
Slide 15: Conso. ROCE and Treasury
Conso. ROCE and Treasury ROCE (%) Treasury (₹ in Cr.) as on (Air Cooling & Other Appliances) 564 562 519 42% 41% FY22 FY21 31-03-22 31-12-21 31-03-21 ROCE = PBIT/Monthly Avg. Capital Employed 15
Slide 16: Subsidiaries’ Performance
Subsidiaries’ Performance CT + Bonaire IMPCO, Mexico GSK, China 371 338 Financials (₹ in Cr.) 103 75 38 40 38 13 8 11 23 15 1 13 9 7 2 0 -2 -10 -6 -3 -9 -4 FY22 FY21 FY22 FY21 FY22 FY21 Cash profit excluding interest & guarantee charges on acquisition term loan EBITDA excluding exceptional items Cas
Slide 17: Strategies for Future Growth
Strategies for Future Growth
Slide 18: Strategies for Future Growth
Strategies for Future Growth 1 2 3 4 5 Increase focus & Targeted expand reach D2C (India + USA + initiatives to Building an agile global Australia + Mexico) address specific supply chain E-Com (India & Global) business needs LSV take-off at the critical level 18
Slide 19: Advancing ESG Agenda
Advancing ESG Agenda
Slide 20: Driving Sustainability through Environment Stewardship
Driving Sustainability through Environment Stewardship BUSINESS ENERGY CONSERVATION THE CORE BELIEF UNPARELLED DOING COMMITMENT RIGHT FOR 20
Slide 21: Symphony’s Air Coolers – Environment at the Core
Symphony’s Air Coolers – Environment at the Core 10+ Million 10+ Million Trees Symphony’s Air Coolers sold in FY22 reduced GHG emissions equivalent to GHG emission absorbed by 10+ million trees ~ 93% Lower GHG Emissions by Symphony’s Air Coolers Source: Company Data versus 5 – Star Air Conditioners
Slide 22: Embracing Socio-economics within Symphony
Embracing Socio-economics within Symphony Sustained improvements being attributed to their ethics, dedication and energy Healthcare 04 Traditional Art Education CSR (Beyond Rated high by 03 PEOPLE 01 The Biggest employees Asset “Cheque Disaster Writing”) Management Hunger, Poverty and Relief, & Maln
Slide 23: Corporate Governance Philosophy
Corporate Governance Philosophy 1 2 3 STRATEGIC CONTROL MANAGEMENT CONTROL OPERATIONAL CONTROL ❖Responsible business ❖Simplified organization ❖Operational manuals action and ethical conduct structure and operational set up – Designed to power innovation, growth and ❖Self-control checklist, ❖Fully In
Slide 24: www.symphonylimited.com
www.symphonylimited.com MEXICO CHINA AUSTRALIA USA Brazil Impco S de R L de C V Guangdong Symphony Climate Technologies Bonaire USA LLC Symphony Keruilai Air Coolers Co. Ltd. Pty. Ltd. Climatizadores Limitada AYAX 611, Parque Taiying Industrial Area, 26 Nylex Avenue 3774, West Cheyenne Av Pedra Bran