Symphony Limited
Symphony Limited, together with its subsidiaries, manufactures and trades in air coolers and other appliances under the Symphony brand for residential, commercial, and industrial customers in India and internationally. The company offers household coolers, such as desert, room, personal, and spot; commercial coolers; large space venti-cooling; tower fans; and water heaters, including spa, sauna, … Read more
Symphony Limited (SYMPHONY) - Net Assets
Latest net assets as of September 2025: ₹7.83 Billion INR
Based on the latest financial reports, Symphony Limited (SYMPHONY) has net assets worth ₹7.83 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹14.17 Billion) and total liabilities (₹6.34 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹7.83 Billion |
| % of Total Assets | 55.26% |
| Annual Growth Rate | 21.47% |
| 5-Year Change | -0.38% |
| 10-Year Change | 131.83% |
| Growth Volatility | 115.63 |
Symphony Limited - Net Assets Trend (2007–2025)
This chart illustrates how Symphony Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Symphony Limited (2007–2025)
The table below shows the annual net assets of Symphony Limited from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹7.61 Billion | +1.60% |
| 2024-03-31 | ₹7.49 Billion | -14.98% |
| 2023-03-31 | ₹8.81 Billion | +4.28% |
| 2022-03-31 | ₹8.45 Billion | +10.59% |
| 2021-03-31 | ₹7.64 Billion | +18.72% |
| 2020-03-31 | ₹6.43 Billion | -3.88% |
| 2019-03-31 | ₹6.69 Billion | +9.45% |
| 2018-03-31 | ₹6.12 Billion | +33.25% |
| 2017-03-31 | ₹4.59 Billion | +39.83% |
| 2016-03-31 | ₹3.28 Billion | -0.03% |
| 2015-03-31 | ₹3.28 Billion | +19.07% |
| 2014-03-31 | ₹2.76 Billion | +24.11% |
| 2013-03-31 | ₹2.22 Billion | +17.48% |
| 2012-03-31 | ₹1.89 Billion | +24.04% |
| 2011-03-31 | ₹1.52 Billion | +76.44% |
| 2010-03-31 | ₹864.25 Million | +66.95% |
| 2009-03-31 | ₹517.68 Million | +503.86% |
| 2008-03-31 | ₹85.73 Million | -62.67% |
| 2007-03-31 | ₹229.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Symphony Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 699090000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹6.99 Billion | 91.86% |
| Common Stock | ₹137.30 Million | 1.80% |
| Other Comprehensive Income | ₹477.20 Million | 6.27% |
| Other Components | ₹4.60 Million | 0.06% |
| Total Equity | ₹7.61 Billion | 100.00% |
Symphony Limited Competitors by Market Cap
The table below lists competitors of Symphony Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Lianming Machinery Co Ltd
SHG:603006
|
$128.88 Million |
|
SELVITA S.A. SER.B ZY-80
F:787
|
$128.95 Million |
|
NEX POINT
BK:NEX-R
|
$128.99 Million |
|
Vef AB
ST:VEFAB
|
$129.06 Million |
|
Chison Medical Technologies Co Ltd
SHG:688358
|
$128.78 Million |
|
Eagle Financial Services Inc Common Stock
OTCQX:EFSI
|
$128.78 Million |
|
Sedlmayr Grund und Immobilien AG
F:SPB
|
$128.77 Million |
|
Pacific Hospital Supply Co Ltd
TWO:4126
|
$128.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Symphony Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,490,100,000 to 7,610,000,000, a change of 119,900,000 (1.6%).
- Net income of 2,130,000,000 contributed positively to equity growth.
- Dividend payments of 890,000,000 reduced retained earnings.
- Share repurchases of 890,000,000 reduced equity.
- Other comprehensive income decreased equity by 216,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.13 Billion | +27.99% |
| Dividends Paid | ₹890.00 Million | -11.7% |
| Share Repurchases | ₹890.00 Million | -11.7% |
| Other Comprehensive Income | ₹-216.40 Million | -2.84% |
| Other Changes | ₹-13.70 Million | -0.18% |
| Total Change | ₹- | 1.60% |
Book Value vs Market Value Analysis
This analysis compares Symphony Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.11x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 239.05x to 7.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₹3.28 | ₹784.65 | x |
| 2008-03-31 | ₹1.23 | ₹784.65 | x |
| 2009-03-31 | ₹7.40 | ₹784.65 | x |
| 2010-03-31 | ₹12.35 | ₹784.65 | x |
| 2011-03-31 | ₹21.80 | ₹784.65 | x |
| 2012-03-31 | ₹27.04 | ₹784.65 | x |
| 2013-03-31 | ₹31.76 | ₹784.65 | x |
| 2014-03-31 | ₹39.42 | ₹784.65 | x |
| 2015-03-31 | ₹46.94 | ₹784.65 | x |
| 2016-03-31 | ₹46.92 | ₹784.65 | x |
| 2017-03-31 | ₹65.61 | ₹784.65 | x |
| 2018-03-31 | ₹87.43 | ₹784.65 | x |
| 2019-03-31 | ₹95.21 | ₹784.65 | x |
| 2020-03-31 | ₹91.37 | ₹784.65 | x |
| 2021-03-31 | ₹108.53 | ₹784.65 | x |
| 2022-03-31 | ₹120.00 | ₹784.65 | x |
| 2023-03-31 | ₹125.93 | ₹784.65 | x |
| 2024-03-31 | ₹108.38 | ₹784.65 | x |
| 2025-03-31 | ₹110.36 | ₹784.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Symphony Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 27.99%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.52%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 1.75x
- Recent ROE (27.99%) is below the historical average (36.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 9.57% | 5.23% | 0.97x | 1.89x | ₹-982.58K |
| 2008 | 141.30% | 16.53% | 1.93x | 4.43x | ₹112.57 Million |
| 2009 | 84.24% | 35.12% | 1.53x | 1.57x | ₹384.32 Million |
| 2010 | 42.81% | 19.45% | 1.73x | 1.27x | ₹283.57 Million |
| 2011 | 33.57% | 17.62% | 1.36x | 1.40x | ₹359.43 Million |
| 2012 | 28.07% | 16.94% | 1.13x | 1.47x | ₹341.85 Million |
| 2013 | 27.05% | 15.92% | 1.19x | 1.42x | ₹378.88 Million |
| 2014 | 38.34% | 19.86% | 1.35x | 1.43x | ₹781.46 Million |
| 2015 | 35.30% | 20.04% | 1.30x | 1.35x | ₹830.75 Million |
| 2016 | 46.67% | 25.86% | 1.38x | 1.31x | ₹1.20 Billion |
| 2017 | 36.08% | 21.61% | 1.28x | 1.30x | ₹1.20 Billion |
| 2018 | 31.48% | 24.19% | 1.05x | 1.24x | ₹1.31 Billion |
| 2019 | 13.85% | 10.97% | 0.79x | 1.61x | ₹256.64 Million |
| 2020 | 28.39% | 16.49% | 1.03x | 1.66x | ₹1.18 Billion |
| 2021 | 14.14% | 11.96% | 0.74x | 1.61x | ₹314.18 Million |
| 2022 | 14.33% | 11.63% | 0.76x | 1.63x | ₹363.63 Million |
| 2023 | 13.21% | 9.80% | 0.85x | 1.59x | ₹283.20 Million |
| 2024 | 19.78% | 12.81% | 0.95x | 1.63x | ₹732.29 Million |
| 2025 | 27.99% | 13.52% | 1.18x | 1.75x | ₹1.37 Billion |
Industry Comparison
This section compares Symphony Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $6,883,553,847
- Average return on equity (ROE) among peers: 3.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Symphony Limited (SYMPHONY) | ₹7.83 Billion | 9.57% | 0.81x | $128.85 Million |
| Archidply Decor Limited (ADL) | $507.52 Million | 0.06% | 0.56x | $743.82K |
| Airo Lam limited (AIROLAM) | $135.86 Million | 11.79% | 3.15x | $10.00 Million |
| Amber Enterprises India Limited (AMBER) | $19.54 Billion | 8.05% | 2.20x | $1.58 Billion |
| AVRO INDIA LIMITED (AVROIND) | $132.77 Million | 8.55% | 0.48x | $7.45 Million |
| Bajaj Electricals Limited (BAJAJELEC) | $6.87 Billion | -2.03% | 3.12x | $173.81 Million |
| Borosil Limited (BOROLTD) | $6.29 Billion | 3.15% | 0.05x | $101.49 Million |
| Bosch Home Comfort India Limited (BOSCH-HCIL) | $6.41 Billion | 9.18% | 1.81x | $67.65 Million |
| Butterfly Gandhimathi Appliances Limited (BUTTERFLY) | $1.80 Billion | -30.85% | 1.26x | $21.25 Million |
| CARYSIL LIMITED (CARYSIL) | $3.07 Billion | 17.07% | 1.32x | $132.60 Million |
| Cello World Limited (CELLO) | $24.08 Billion | 14.07% | 0.10x | $193.49 Million |