Slide 1: Corporate Presentation (May-25)
CORPORATE PRESENTATION (May-25)
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
Slide 3: A world we are seeking to create
+ 27°C A world we are seeking MILLION AIR COOLERS to create SOLD WORLDWIDE 3
Slide 4: Contents
Contents 1 Symphony – A Pioneer Of Evaporative Air Cooling 2 Innovative Products Portfolio 3 Exciting New Products 4 Large Space Venti Cooling (LSV) 5 Driving Towards ESG Leadership 6 Financials (FY25 and Mar’25 Qtr.) 7 Shareholders’ Reward Policy 8 Shareholding Pattern 4
Slide 5: Symphony (A Pioneer of Evaporative Air Cooling)
Symphony (A Pioneer of Evaporative Air Cooling)
Slide 6: Symphony – A Pioneer of Evaporative Air Cooling
Symphony – A Pioneer of Evaporative Air Cooling Complementing Global Capabilities ❖ R&D and design Portfolio: Global brands; ❖ Sales & marketing Wide range of products ❖ Value engineering & cost optimization Global Supply Chain Segments: Residential- ❖ Operating efficiency Commercial-Industrial ❖ Ec
Slide 7: Expanding Market Reach
Expanding Market Reach India Mexico China 5,000 500 3,500 USA China ₹ 13,000 Cr. Australia USA Brazil Mexico Australia Brazil 900 1,600 1,500 & exporting across 60+ countries worldwide 7
Slide 8: Wide Portfolio of Global Brands
Wide Portfolio of Global Brands 8
Slide 9: Household Cooler in India: A long runway (1/2)
Household Cooler in India: A long runway (1/2) Cooling Pyramid (HH in %) Air Cooler Penetration (HH in %) Indian Air Cooler Market Organized Unorganized Air 7 - 8% Conditioner ₹ 10,000 Cr. Urban 25% Air 19% ₹ 6,000 Cr. Cooler (60%) ₹ 5,000 Cr. Electric ₹ 3,250 Cr. Fan 90%+ (65%) Rural 16% ₹ 4,000 Cr
Slide 10: Household Cooler in India: A long runway (2/2)
Household Cooler in India: A long runway (2/2) Heatwaves battering India Rapid Urbanisation 190 174 43% residing in urban 150 % of population Avg. number of heatwave days 40% 100 area 37% 35% 33% 2013 2016 2019 2022 2015 2020 2025[E] 2030[E] 2035[E] Source: EnviStats India 2024, MoSPI Source: The UN
Slide 11: Innovative Products Portfolio
Innovative Products Portfolio
Slide 12: World's 1st air cooler with BLDC Technology
World’s 1st air cooler with BLDC Technology 12
Slide 13: Movicool Range
Powerful 20m* air throw, consumes 215 watt* (Large Room) y. | #5 Sey Enjoy The Cool Air With More Savings Now. 13
Slide 14: India's First Double Decker Air Cooler
India’s First Double Decker Air Cooler 14
Slide 15: Tower Fan Range (Beyond Seasonal Cooling)
Tower Fan Range (Beyond Seasonal Cooling) Touchscreen 45° Control Panel Swivel Bladeless Full-Function Technology Remote Dust Low Power Filter Consumption Surround Surround-I 15
Slide 16: India's First Kitchen Cooling Fan Range
India’s First Kitchen Cooling Fan Range (Beyond Seasonal Cooling) Duet Duet i-S Duet i 16
Slide 17: Personal Cooling Fan Range
Personal Cooling Fan Range (Beyond Seasonal Cooling) Duet Mini Buddy 17
Slide 18: Introducing (Exciting New Products)
Introducing (Exciting New Products) Future Inspired by Legacy 18
Slide 19: #NEVERBEFORECOOLERS (17 New Models)
#NEVERBEFORECOOLERS (17 New Models) ▪ Robust weather-resistant body ▪ Calm and quite cooling ▪ i-Pure+ technology ▪ Mega tank with easy-fill system ▪ Powerful exhaust fan ▪ Superior aesthetic ▪ Uniform cooling technology ▪ Powerful air throw 19
Slide 20: AIR FORCE
AIR FORCE 20 20
Slide 21: SILENZ@
SILENZ@ od N
Slide 22: WIND
WIND) (piattataaaatlpolpale 4 pes i} a /y lL) Tas Li (J imaaaammalal SMAX
Slide 23: Arctic Circle
Arctic Circle
Slide 24: JUMBO 200EX
Sympheny | @ ” ttl, IW INLD”
Slide 25: SUMO 60
SUMO 60 25
Slide 26: Storage Water Heaters
Symphony forays into path-breaking… Storage Water Heaters 26
Slide 27: Softens hard water reducing hair damage
Softens hard water reducing hair damage and providing skincare 27
Slide 28: Control at your fingertips
Control at your fingertips • Gesture controlled • Timer settings • Voice notifications • Temperature control • Splash proof • Child lock • 30ft. operating range 28 28
Slide 29: India's First Water Heater
With Available in 10L | 15L | 25L India’s First Water Heater 29 29
Slide 30: Available in 10L | 15L | 25L
With Available in 10L | 15L | 25L 30
Slide 31: Available in 10L | 15L | 25L
With Available in 10L | 15L | 25L 31 31
Slide 32: Large Space Venti Cooling (LSV)
Large Space Venti Cooling (LSV)
Slide 33: A Call for Democratizing The Comfort
A Call for Democratizing The Comfort Higher temperature negatively affects both productivity and accuracy of work Increasing the level of thermal comfort: Up to 12% improvement in workers’ productivity Recommends an increased ventilation rate, preferably without recirculation of the air Recommends a
Slide 34: LSV: Air-Cooling + Ventilation
LSV: Air-Cooling + Ventilation MILLION+ TARGET SITES Warehouses Educational Factories Institutes Restaurants Hospitals Religious Places Banquet Halls and many more… 34
Slide 35: LSV Gaining Momentum
LSV Gaining Momentum Designing & Manufacturing in India Largest product range (15+ industrial and commercial cooler models) Indigenisation of most components Acceleration of product launches Improved channel and customer awareness www.symphonyventicool.com 35
Slide 36: Global Clientele
Global Clientele * All brand logos are properties of respective organizations – shown here for representation purpose only & many more… 36
Slide 37: Driving Towards ESG Leadership
Driving Towards ESG Leadership
Slide 38: Driving Sustainability Through Environment Stewardship
Driving Sustainability Through Environment Stewardship “Climate Positive” Company (scope 1) 25 Mn+ coolers sold 142 Mn+ tons of equivalent CO2 saved till date 1.99 bn+ equivalent trees planted till date Source: Company Data 38
Slide 39: Making A Social Impact
Making A Social Impact Healthcare Driven by ethics, dedication and cause Traditional Art Education 04 CSR (Beyond “Cheque Rated high by PEOPLE 01 The Biggest Disaster Writing”) 03 employees Asset Management, Hunger, Poverty Relief, and & Malnutritions Rehabilitation Social Equity 02 Fostering creati
Slide 40: A Governance Culture: Beyond Compliance
A Governance Culture: Beyond Compliance ▪ Ensuring alignment with best practices, much above the regulatory requirements An ▪ An independent majority: (5 out of 9) Independent ▪ Key committees (Audit and NRC) – comprising entirely of independent directors and ▪ Women Directors: 1/3rd of the board (3
Slide 41: Financials (FY25)
Nympheny Thit India ka No.1 Cooler Symphony! Financials (FY25)
Slide 42: Performance Highlights: Consol. & Standalone
Performance Highlights: Consol. & Standalone Consol. performance: → Annual revenue milestone of > ₹1,500 cr. (₹1,576 cr.) ▪ 36 v/s FY24 → Highest ever March Qtr. revenue ▪ 47% v/s Mar’24 Qtr. → Highest ever Annual and March Qtr. EBITDA and PAT Standalone performance: → Annual revenue milestone o
Slide 43: Performance Highlights: Overseas Subsidiaries
Performance Highlights: Overseas Subsidiaries GSK, China: → Strong financial performance underpinned by – ▪ Robust growth in both domestic and international markets → Repayment of Symphony Loan through internal accruals: ₹13.5 cr. ▪ Current o/s: ₹49.6 cr. → Technology Transfer Agreement with IMPCO M
Slide 44: Exceptional Items: Impairments and Pathways update [1/2]
Exceptional Items: Impairments and Pathways update [1/2] Write back / Reversal of impairments pertaining to GSK, China → Impairment of Symphony’s – ▪ Equity Investment: ₹1.55 cr. (Mar’20 Qtr.) ▪ Loan:₹7.73 cr. (Mar’24 Qtr.) → Total write-back of ₹9.28 cr. in Mar’25 Qtr. due to – ▪ GSK’s strong finan
Slide 45: Exceptional Items: Impairments and Pathways update [2/2]
Exceptional Items: Impairments and Pathways update [2/2] → Pre-Tax / Post-Tax impact: (₹ Cr.) Consol. Standalone Exceptional Items FY25 Mar’25 Qtr. FY25 Mar’25 Qtr. Impairment write-back - - +7.73 / +7.73 +7.73 / +7.73 (Symphony Loan to GSK) Impairment write-back - - +1.55 / +1.55 +1.55 / +1.55 (Equ
Slide 46: Consol. Financials: FY25 v/s FY24
Consol. Financials: FY25 v/s FY24 ▲/▼ YoY change (₹ Cr.) Margin % (/ YoY change) Revenue from Gross EBITDA Operations Margin 1,576 775 316 v/s 1,156 (▲36%) v/s 555 (▲40%) v/s 173 (▲83%) 49.19% ( 116 bps) 20.05% ( 512 bps) PBT PAT * ( Excl. Exceptional Item ) 326 213 v/s 183 (▲78%) v/s 148 (▲44%)
Slide 47: Consol. Financial Metrics: FY25 v/s FY24
Consol. Financial Metrics: FY25 v/s FY24 (₹ Cr.) Capital Employed in ROCE (%) RONW (%) Core Business ( Monthly Avg. ) ( PBIT / Capital Employed ) ( PAT / Avg. Net Worth ) 248 101% 28% v/s 302 v/s 50% v/s 18% 47
Slide 48: Actual v/s Proforma Consol. Financials: FY25
Actual v/s Proforma* Consol. Financials: FY25 (₹ Cr.) Actual Proforma* Particulars Consol. Consol. Revenue from operations 1,576 1,290 EBITDA 316 305 PAT 213 222 Capital Employed in Core Business ( Monthly Avg. ) 248 33 *Note: Proforma Consol.: ▪ Excludes CT, Australia and IMPCO, Mexico, intended to
Slide 49: Consol. EBITDA Margin Movement: FY25 v/s FY24
Consol. EBITDA Margin Movement: FY25 v/s FY24 1.93% 20.05% 2.50% -0.48% 1.16% 14.94% EBITDA Gross Employee A&P Other Exp. EBITDA (FY24) Margin Benefits (FY25) 49
Slide 50: Standalone Financials: FY25 v/s FY24
Standalone Financials: FY25 v/s FY24 ▲/▼ YoY change (₹ Cr.) Margin % (/ YoY change) Revenue from Gross EBITDA Operations Margin 1,182 588 287 v/s 796 (▲49%) v/s 390 (▲51%) v/s 161 (▲78%) 49.75% ( 73 bps) 24.25% ( 404 bps) PBT PAT * ( Excl. Exceptional Items ) 329 176 v/s 203 (▲62%) v/s 153 (▲15%
Slide 51: Standalone Financial Metrics: FY25 v/s FY24
Standalone Financial Metrics: FY25 v/s FY24 Capital Employed in ROCE (%) Core Business ( Monthly Avg. ) ( PBIT / Capital Employed ) (-32) Infinite v/s 44 v/s 362% RONW (%) Treasury^ ( PAT / Avg. Net Worth ) ( As on 31/3/25 ) 23% 458 v/s 18% v/s 395 ^ Excl. Loans and Investments in Subsidiaries: ₹258
Slide 52: Standalone EBITDA Margin Movement: FY25 v/s FY24
Standalone EBITDA Margin Movement: FY25 v/s FY24 0.84% 24.25% 2.51% -0.04% 0.73% 20.21% EBITDA Gross Employee A&P Other Exp. EBITDA (FY24) Margin Benefits (FY25) 52
Slide 53: Financials (Mar'25 Qtr.)
Thi Financials (Mar’25 Qtr.)
Slide 54: Consol. Quarterly Financials: Mar'25 v/s Mar'24
Consol. Quarterly Financials: Mar’25 v/s Mar’24 ▲/▼ YoY change (₹ Cr.) Margin % (/ YoY change) Revenue from Gross Operations Margin 488 226 v/s 332 (▲47%) v/s 161 (▲40%) 46.33% ( 212 bps) EBITDA PAT 103 79 v/s 59 (▲77%) v/s 48 (▲63%) 21.22% ( 358 bps) 16.11% ( 165 bps) 54
Slide 55: Consol. EBITDA Margin Movement: Mar'25 v/s Mar'24
Consol. EBITDA Margin Movement: Mar’25 v/s Mar’24 4.34% 21.22% 17.64% 1.96% -0.60% -2.12% EBITDA Gross Employee A&P Other Exp. EBITDA (Mar'24 Qtr.) Margin Benefits (Mar'25 Qtr.) 55
Slide 56: Standalone Quarterly Financials: Mar'25 v/s Mar'24
Standalone Quarterly Financials: Mar’25 v/s Mar’24 ▲/▼ YoY change (₹ Cr.) Margin % (/ YoY change) Revenue from Gross EBITDA Operations Margin 368 180 99 v/s 251 (▲47%) v/s 121 (▲48%) v/s 63 (▲56%) 48.79% ( 34 bps) 26.88% ( 159 bps) PBT PAT * ( Excl. Exceptional Items ) 109 44 v/s 69 (▲57%) v/s 4
Slide 57: Standalone EBITDA Margin Movement: Mar'25 v/s Mar'24
Standalone EBITDA Margin Movement: Mar’25 v/s Mar’24 1.14% 1.20% 26.88% 25.29% 0.34% -1.09% EBITDA Gross Employee A&P Other Exp. EBITDA (Mar'24 Qtr.) Margin Benefits (Mar'25 Qtr.) 57
Slide 58: Subsidiaries' Financials
Thinking of Subsidiaries’ Financials
Slide 59: Subsidiaries' Financials: FY25 and Mar'25 Qtr. [1/2]
Subsidiaries’ Financials: FY25 and Mar’25 Qtr. [1/2] (₹ Cr.) GSK, China Symphony, Brazil Particulars FY25 Mar’25 Qtr. FY25 Mar’25 Qtr. Revenue from operations 100 25 39 4 v/s previous year +126% +118% +53% +9% EBITDA 20 6 1 (-2) v/s previous year +337% +492% (-67%) (-₹0.04 cr.) PAT 15 5 (-3)* (-0.5)
Slide 60: Subsidiaries' Financials: FY25 and Mar'25 Qtr. [2/2]
Subsidiaries’ Financials: FY25 and Mar’25 Qtr. [2/2] (₹ Cr.) IMPCO, Mexico CT, Australia Particulars FY25 Mar’25 Qtr. FY25 Mar’25 Qtr. Revenue from operations 216 81 172 49 v/s previous year +22% +56% (-7%) +12% EBITDA 29 12 (-18) (-5) v/s previous year +9% +65% +17% +42% PAT 18 8 (-28) (-6) v/s pre
Slide 61: Outlook
Thinking of Tomorrow Make your choices wiser + & living healthier. Buying a Symphony Air Cooler is equivalent to planting 14 trees’ p Outlook
Slide 62: Outlook
Outlook Indian Summer 2025: → Commenced with encouraging momentum → Mild and erratic weather so far in current quarter → Still 7 - 11 weeks for summer sales Decent penetration across – → Semi-urban and rural markets → Modern Trade channel → Strategic focus on ▪ scaling emerging markets ▪ acceleratin
Slide 63: Shareholders' Reward Policy
Shareholders’ Reward Policy
Slide 64: Consistent Payout to Shareholders
Consistent Payout to Shareholders Shareholders’ Reward Policy Shareholders’ Payout (% of Consol. PAT) Payout (% of Consol PAT) Buyback Incl. FY25 Tax + Exp. 89.2 (₹ Cr.) ₹ 178.4 Cr. At least (84%) Dividends (Interim + Final) 89.3 60% (₹ Cr.) Dividend, Special Dividend, and Shareholders’ Payout Histo
Slide 65: Shareholding Pattern
Thinking of Shareholding Pattern
Slide 66: Shareholding Pattern (As on 31/3/25)
Shareholding Pattern (As on 31/3/25) 11.34% No. Top Domestic Investors 6.55% 1 HDFC Mutual Fund 2 UTI Mutual Fund 3 Tata AIG General Insurance 8.68% 4 Axis Mutual Fund 5 ICICI Prudential Mutual Fund No. Top Foreign Portfolio Investors 1 College Retirement Equities Fund 73.43% 2 Vanguard Total Intern
Slide 67: 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 incl. MTM) EBITDA Margin (%) : % of Revenue fro
Slide 68: Thinking of Tomorrow
a Thinking of Tomorrow & Embrace Carbon-neutral Cooling that Save Today, Shape Your Tomorrow. | Master Cool! Arctic Circle | -4i | = BONAIRE | Durango | @TravelAire