Symphony Limited · NSE:SYMPHONY
Symphony — Investor Presentation (2015)
33 slides from Symphony's investor presentation, 2015
Slide 1: Corporate presentation FY2015
Corporate presentation FY2015
Slide 2: Unconventionally
Symphony Limited Corporate presentation FY2015 At Symphony, we believe that there is just one way to manage a conventional business. Unconve- ntionally. 2
Slide 3: Unconventionality widens the range
Symphony Limited Corporate presentation FY2015 Unconventionality widens the range. Residential Coolers Range of Packaged Air Coolers Central Air Cooling Solutions 3
Slide 4: Unconventionality provides the edge
Symphony Limited Corporate presentation FY2015 Unconventionality provides the edge. Runs at the operating Works on Use it outside, Delivers fresh, cost of a fan inverter power use it inside. filtered cool air. 4
Slide 5: Milestones
Symphony Limited Corporate presentation FY2015 Symphony - milestones Established in 1988 Pre-2000s, Ventured into the with a portfolio positioning: ‘Many manufacture of ACs, Went public in 1994 comprising one air products – One washing machines cooler model market’ and other durables Post-2005 Suffe
Slide 6: Symphony's unconventional business model
Symphony Limited Corporate presentation FY2015 Symphony’s the unconventional business model Positioning Design-driven Brand-focused Focused on offering cutting- Best-in-class design, a World and India’s leading edge cooling technology significant advantage over air-cooler brand competitors Progressi
Slide 7: Symphony's unconventional innovation
Symphony Limited Corporate presentation FY2015 Symphony’s unconventional innovation 1988 1994 2000 2004 2005 Marketed the first Introduced an air Unveiled e-flow Equipped air Introduced branded plastic cooler with technology for coolers with four- humidity control air cooler in India remote control
Slide 8: Unconventionality heightens sectoral entry barriers
Symphony Limited Corporate presentation FY2015 Symphony - unconventionality heighten’s sectoral entry barriers Leader in terms Leader in brand Leader in Leader in of innovation and category management customer-centric status • Technology, design, • Focused approach • Entrenched experience • Expandin
Slide 9: Revenue Break-Up 2014-15 (Consolidated)
Symphony Limited Corporate presentation FY2015 Revenue Break-Up 2014-15 (Consolidated) Revenue Break up Aircooler Revenue Break up Gross Revenue Air Cooler Sales Rs.611 cr Rs.578 cr India: 81% Rest of World: 19% Residential Air Cooler 90% Industrial & Ducted 10% Rs.495 cr Rs. 116 cr Rs.519 cr Rs.59
Slide 10: Unconventionality accelerates performance
Symphony Limited Corporate presentation FY2015 Unconventionality accelerates performance Profit and Loss Statement Segmental Consolidated Standalone Segmental Consolidated Standalone Particulars ((Rs. Crs.) Revenue (Rs. Crs.) FY12 FY13 FY14 FY15 6MFY15 6MFY16 FY12 FY13 FY14 FY15 6MFY15 6MFY16 India
Slide 11: Financials - Statement of Profit & Loss
Symphony Limited Corporate presentation FY2015 Unconventionality accelerates performance Financials - Statement of Profit & Loss 29.93% CAGR 25.99% CAGR 11
Slide 12: Financials - Balance Sheet
Symphony Limited Corporate presentation FY2015 Unconventionality accelerates performance Financials - Balance Sheet 12
Slide 13: Financials - Shareholder value creation
Symphony Limited Corporate presentation FY2015 Unconventionality accelerates performance Financials - Shareholder value creation 13
Slide 14: Comparison between air-cooling appliances
Symphony Limited Corporate presentation FY2015 Comparison between air-cooling appliances Parameters Fans Air coolers Air-conditioners Capital cost Low Low High Recurring cost Low 90% lower than ACs Very high Indoor air quality Circulates same air 100%-fresh filtered cool air Recirculates stale dry a
Slide 15: Residential air coolers
Symphony Limited Corporate presentation FY2015 Residential air coolers Symphony - the hallmark of trust Using all forms of advertisement modes Below-the-line marketing Internet Electronic Print Radio (since 2010) activities The result: Symphony has cemented its identity as a generic name for air coo
Slide 16: Centralised air cooling solutions – facts and figures
Symphony Limited Corporate presentation FY2015 Centralised air cooling solutions – fact and figures “90% of American firms named cool air as the single biggest factor determining their productivity.” “Cooling raised productivity by a quarter. On factory floors it cut absenteeism and stoppages.” (Sou
Slide 17: Impco, S. de R.L. de C.V., Mexico
Symphony Limited Corporate presentation FY2015 Impco, S.de r.l. de C.V., Mexico 17
Slide 18: Centralised air cooling solutions and Symphony
Symphony Limited Corporate presentation FY2015 Centralised air cooling solutions and Symphony • Acquired IMPCO (2009-11) and entered the centralised air cooling solutions business • IMPCO possessed in-depth expertise in manufacturing large metallic air coolers and providing customised centralised ai
Slide 19: The Symphony-IMPCO synergy
Symphony Limited Corporate presentation FY2015 The Symphony-IMPCO synergy • Symphony leverages IMPCO’s relationships with large format stores to market residential coolers • Commercial and industrial coolers available for Symphony to distribute in India and internationally (through dedicated distrib
Slide 20: Centralised air cooling solutions – long runway
Symphony Limited Corporate presentation FY2015 Centralised air cooling solutions – long runway Opportunity and size Offices Universities Residences Lecture halls The centralised air-conditioning Shops and showrooms Service stations market in India is estimated to be worth Rs. 40,000 million Religiou
Slide 21: Centralised air cooling solutions - domestic presence
Symphony Limited Corporate presentation FY2015 Centralised air cooling solutions - domestic presence • IMPCO’s multi-decadal knowledge allowed Symphony to execute multiple prestigious centralised air cooling solution projects in India • These projects were undertaken across diverse spaces including
Slide 22: Centralised air cooling solutions – enterprise customers
Symphony Limited Corporate presentation FY2015 Centralised air cooling solutions – enterprise customers Working with esteemed brands 22
Slide 23: International markets – long runway
Symphony Limited Corporate presentation FY2015 International markets – long runway Air cooler seen as a Green Global warming accelerating Product – gaining popularity demand AC global market size Air cooler market potential expected to be 150 million by should logically be greater 2017 (industry rep
Slide 24: Global installations - industrial coolers
Symphony Limited Corporate presentation FY2015 Global installations - industrial coolers 24
Slide 25: World's largest air cooling project
Symphony Limited Corporate presentation FY2015 World’s largest air cooling project Air-cooled entire Mecca Complex in Saudi 100 Million CFM of air cooling done. 25
Slide 26: Air cooling solutions - our international presence
Symphony Limited Corporate presentation FY2015 Air cooling solutions - our international presence Direct Presence 26
Slide 27: Guangdong Symphony Keruilai Air Coolers Co. Ltd (GSK)
Symphony Limited Corporate presentation FY2015 Guangdong Symphony Keruilai Air Coolers Co. Ltd (GSK) 27
Slide 28: Symphony - foraying into a third geography
Symphony Limited Corporate presentation FY2015 Symphony - foraying into a third geography Inorganic presence in China GSK strengths Symphony’s opportunities •Acquisition of 100% equity in Guangdong •Cutting-edge R&D expertise Symphony Keruilai Air Coolers Co. Ltd., China •Market access to China (GSK
Slide 29: Looking forward to attractive growth rates
Symphony Limited Corporate presentation FY2015 Looking forward to attractive growth rates for some pertinent reasons Multiple revenue streams •Symphony earlier serviced only one customer group – the residential buyer; the Company now services commercial and industrial customers as well •Symphony was
Slide 30: Looking forward to returning to attractive growth rates
Symphony Limited Corporate presentation FY2015 Looking forward to returning to attractive growth rates for some pertinent reasons Other factors •Symphony possesses a complement of mature and newly-launched models •Sustained advertising will continue to reinforce Symphony’s ‘Share of Voice’ that coul
Slide 31: Symphony's air cooling solutions
Symphony Limited Corporate presentation FY2015 Symphony’s air cooling solutions Endorsed globally with quality standards, recognitions and certifications 31
Slide 32: SAFA Award For Excellence in Financial Reporting
Symphony Limited Corporate presentation FY2015 SAFA Award For Excellence in Financial Reporting Also received ICAI Awards for Excellence in Financial Reporting consecutively for 2009-10 and 2010-11 32
Slide 33: www.symphonylimited.com
Symphony Limited Corporate presentation FY2015 www.symphonylimited.com USA MEXICO CHINA Symphony USA, Inc. Impco, S.de R.L. de C.V. Guangdong Symphony Keruilai Air Coolers Co. Ltd 6520 N. 7th Street Suite #235 Avenida Miguel Aleman #6061, Phoenix, AZ 85014 Col. America, Guadalupe N.L. No.81 Fenxi Yi