Symphony Limited · NSE:SYMPHONY

Symphony — H1 FY2024 Earnings Presentation

21 slides from Symphony's earnings presentation, Oct 26, 2023

  1. Slide 1: Earnings Call Presentation (Q2 & H1FY24)

    Earnings Call Presentation (Q2 & H1FY24) 26-Oct-23

  2. Slide 2: Safe Harbor Statement

    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 expectations or proj

  3. Slide 3: A world we are seeking to create

    + A WORLD WE ARE MILLION AIR COOLERS SEEKING TO CREATE SOLD WORLDWIDE 3

  4. Slide 4: Table of Content

    Table of Content 1 Performance Highlights 2 Financials (Q2 & H1FY24) 3 Outlook 4

  5. Slide 5: Performance Highlights (Q2FY24)

    Performance Highlights (Q2FY24) 5

  6. Slide 6: Performance Highlights (Q2FY24)

    Performance Highlights (Q2FY24) Revenue from operations:  Consol. : ₹ 275 cr. (+0.4% YoY)  Standalone : ₹ 196 cr. (-9% YoY)  India domestic sales : ₹ 191 cr. (Q2FY23: ₹ 191 cr.), despite erratic summer season Gross Margin improved on YoY basis:  Standalone : 49.9% (+330 bps)  Launch of new prod

  7. Slide 7: Standalone Financials (Q2FY24)

    Standalone Financials (Q2FY24) 7

  8. Slide 8: Standalone (Q2FY24): Financials

    Standalone (Q2FY24): Financials PBT PAT Treasury & Other Income ₹ 64 cr. (▲8%) ₹ 50 cr. (▲11%) ₹ 13 cr. (▼8%) 32.5% (520 bps) 25.4% (470 bps) % & bps changes YoY Gross Margin ₹ 98 cr. (▼2%) EBITDA 49.9% (330 bps) ₹ 53 cr. (▲13%) 26.8% (520 bps) Tax Depreciation & Int. ₹ 14 cr. ₹ 2 cr. (▲12%) Rev

  9. Slide 9: Standalone (Q2FY24): EBITDA Margin Movement

    Standalone (Q2FY24): EBITDA Margin Movement *includes ocean freight ₹ 0.1 cr. in Q2FY24 (₹ 3.3 cr. in Q2 FY23) 9

  10. Slide 10: Standalone (Q2FY24): Key Financials Metrics

    Standalone (Q2FY24): Key Financials Metrics % changes YoY Capital Employed ROCE (Core Business) (Core Business) ₹ 55 Cr. 296% 5% 27% TTM (Monthly Avg.) TTM PBIT % (on Monthly Avg. Capital Employed) RONW* Treasury* as on 30/9/23 21% ₹ 589 Cr.  3% TTM PAT % (On Avg. Net Worth) Excl. loans/investmen

  11. Slide 11: Consolidated Financials (Q2FY24)

    Consolidated Financials (Q2FY24) 11

  12. Slide 12: Consol. (Q2FY24): Financials

    Consol. (Q2FY24): Financials PBT PAT % & bps changes YoY Treasury & Other Income ₹ 43 cr. (▲0.5%) ₹ 35 cr. (▲10%) ₹ 11 cr. (▼20%) 15.6% 12.7% (110 bps) EBITDA Gross Margin ₹ 42 cr. (▲16%) ₹ 127 cr. (▲3%) 15.5% (210 bps) 46.1% (130 bps) Tax Depreciation & Int. ₹ 8 cr. ₹ 9 cr. (▲14%) Forex Loss : ₹

  13. Slide 13: Consol. (Q2FY24): EBITDA Margin Movement

    Consol. (Q2FY24): EBITDA Margin Movement 13

  14. Slide 14: Consol. (Q2FY24): Key Financials Metrics

    Consol. (Q2FY24): Key Financials Metrics % changes YoY Capital Employed ROCE RONW* (Core Business) (Core Business) ₹ 301 Cr. 37% 15% 8 % 18% 3% TTM (Monthly Avg.) TTM PBIT % (on Monthly Avg. Capital Employed) TTM PAT % (On Avg. Net Worth) 14

  15. Slide 15: Financials (H1FY24)

    Sympheny Thi Financials (H1FY24)

  16. Slide 16: Standalone (H1FY24): Financials

    Standalone (H1FY24): Financials PBT PAT Treasury & Other Income ₹ 82 cr. (▼11%) ₹ 64 cr. (▼8%) % & bps changes YoY ₹ 28 cr. (▲26%) 22.2% (50 bps) 17.4% (80 bps) EBITDA Gross Margin ₹ 59 cr. (▼19%) ₹ 187 cr. (▼9%) 16.0% (130 bps) 50.7% (210 bps) Depreciation & Int. Tax ₹ 3 cr. (▼6%) ₹ 18 cr. Fore

  17. Slide 17: Consol. (H1FY24): Financials

    Consol. (H1FY24): Financials PBT PAT ₹ 73 cr. (▼10%) ₹ 59 cr. (▼4%) % & bps changes YoY Treasury & Other Income 10.2% ₹ 27 cr. (▲2%) 12.6% EBITDA ₹ 70 cr. (▼1%) Gross Margin 12.2% (40 bps) Depreciation & Int. ₹ 19 cr. (▲18%) Tax ₹ 277 cr. (▲2%) Forex Loss : ₹ 3 cr. ₹ 14 cr. 48.0% (270 bps) Excepti

  18. Slide 18: Outlook

    Sympheny Thi Outlook

  19. Slide 19: Outlook

    Outlook “Numero Uno” in the air cooler industry:  Innovative value-added products ahead of competition  Calibrated price hikes & value engineering  Continuous thrust on semi-urban and rural markets  Growth through alternate sales channels Successful entry into adjacent product categories with un

  20. Slide 20: Glossary

    Glossary Gross Margin (%) : % of Revenue from operations A&P Expenses : Advertisement and Sales Promotion Expenses : Earnings Before Interest, Tax, Depreciation and Amortization EBITDA (Excludes Other Income, Exceptional Items and Foreign Exchange Loss) EBITDA Margin (%) : % of Revenue from operatio

  21. Slide 21: Thank You

    Thinking of Tomorrow THANK YOU |Master Cool] Arctic Circle | +i | BONAIRE | Durango | ©TrovelAire

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