Symphony Limited (SYMPHONY) - Net Assets
Based on the latest financial reports, Symphony Limited (SYMPHONY) has net assets worth Rs5.45 Billion INR (≈ $58.94 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs10.29 Billion ≈ $111.28 Million USD) and total liabilities (Rs4.84 Billion ≈ $52.34 Million USD). 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. Check Symphony Limited (SYMPHONY) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.45 Billion |
| % of Total Assets | 52.96% |
| Annual Growth Rate | 18.14% |
| 5-Year Change | -35.49% |
| 10-Year Change | 18.74% |
| Growth Volatility | 113.66 |
Symphony Limited - Net Assets Trend (2007–2026)
This chart illustrates how Symphony Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SYMPHONY market cap overview.
Annual Net Assets for Symphony Limited (2007–2026)
The table below shows the annual net assets of Symphony Limited from 2007 to 2026. Also explore net asset momentum of Symphony Limited to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs5.45 Billion ≈ $58.94 Million |
-28.38% |
| 2025-03-31 | Rs7.61 Billion ≈ $82.30 Million |
+1.60% |
| 2024-03-31 | Rs7.49 Billion ≈ $81.00 Million |
-14.98% |
| 2023-03-31 | Rs8.81 Billion ≈ $95.28 Million |
+4.28% |
| 2022-03-31 | Rs8.45 Billion ≈ $91.36 Million |
+10.59% |
| 2021-03-31 | Rs7.64 Billion ≈ $82.62 Million |
+18.72% |
| 2020-03-31 | Rs6.43 Billion ≈ $69.59 Million |
-3.88% |
| 2019-03-31 | Rs6.69 Billion ≈ $72.40 Million |
+9.45% |
| 2018-03-31 | Rs6.12 Billion ≈ $66.14 Million |
+33.25% |
| 2017-03-31 | Rs4.59 Billion ≈ $49.64 Million |
+39.83% |
| 2016-03-31 | Rs3.28 Billion ≈ $35.50 Million |
-0.03% |
| 2015-03-31 | Rs3.28 Billion ≈ $35.51 Million |
+19.07% |
| 2014-03-31 | Rs2.76 Billion ≈ $29.82 Million |
+24.11% |
| 2013-03-31 | Rs2.22 Billion ≈ $24.03 Million |
+17.48% |
| 2012-03-31 | Rs1.89 Billion ≈ $20.46 Million |
+24.04% |
| 2011-03-31 | Rs1.52 Billion ≈ $16.49 Million |
+76.44% |
| 2010-03-31 | Rs864.25 Million ≈ $9.35 Million |
+66.95% |
| 2009-03-31 | Rs517.68 Million ≈ $5.60 Million |
+503.86% |
| 2008-03-31 | Rs85.73 Million ≈ $927.13K |
-62.67% |
| 2007-03-31 | Rs229.63 Million ≈ $2.48 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 475280000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.75 Billion | 87.21% |
| Common Stock | Rs140.00 Million | 2.57% |
| Other Components | Rs557.20 Million | 10.22% |
| Total Equity | Rs5.45 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 Jiaoda Onlly Co Ltd
SHG:600530
|
$426.37 Million |
|
Baolingbao Biology Co Ltd
SHE:002286
|
$426.47 Million |
|
Testa Residencial SOCIMI S.A.
MC:YTST
|
$426.54 Million |
|
LandOcean Energy Services Co
SHE:300157
|
$426.70 Million |
|
Shanghai Tianchen Co Ltd
SHG:600620
|
$426.05 Million |
|
Taiwan Navigation Co Ltd
TW:2617
|
$425.96 Million |
|
Beijing Quanshi World Online Net
SHE:002995
|
$425.86 Million |
|
Jing Jin Electric Technologies Co Ltd
SHG:688280
|
$425.79 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 2025 to 2026, total equity changed from 7,610,000,000 to 5,450,000,000, a change of -2,160,000,000 (-28.4%).
- Net loss of 1,410,000,000 reduced equity.
- Dividend payments of 820,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 477,200,000.
- Other factors increased equity by 547,200,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-1.41 Billion | -25.87% |
| Dividends Paid | Rs820.00 Million | -15.05% |
| Other Comprehensive Income | Rs-477.20 Million | -8.76% |
| Other Changes | Rs547.20 Million | +10.04% |
| Total Change | Rs- | -28.38% |
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: 7.23x
- 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 174.78x to 7.23x 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 | Rs3.28 | Rs573.70 | x |
| 2008-03-31 | Rs1.23 | Rs573.70 | x |
| 2009-03-31 | Rs7.40 | Rs573.70 | x |
| 2010-03-31 | Rs12.35 | Rs573.70 | x |
| 2011-03-31 | Rs21.80 | Rs573.70 | x |
| 2012-03-31 | Rs27.04 | Rs573.70 | x |
| 2013-03-31 | Rs31.76 | Rs573.70 | x |
| 2014-03-31 | Rs39.42 | Rs573.70 | x |
| 2015-03-31 | Rs46.94 | Rs573.70 | x |
| 2016-03-31 | Rs46.92 | Rs573.70 | x |
| 2017-03-31 | Rs65.61 | Rs573.70 | x |
| 2018-03-31 | Rs87.43 | Rs573.70 | x |
| 2019-03-31 | Rs95.21 | Rs573.70 | x |
| 2020-03-31 | Rs91.37 | Rs573.70 | x |
| 2021-03-31 | Rs108.53 | Rs573.70 | x |
| 2022-03-31 | Rs120.00 | Rs573.70 | x |
| 2023-03-31 | Rs125.93 | Rs573.70 | x |
| 2024-03-31 | Rs108.38 | Rs573.70 | x |
| 2025-03-31 | Rs110.36 | Rs573.70 | x |
| 2026-03-31 | Rs79.39 | Rs573.70 | 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): -25.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.47%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 1.89x
- Recent ROE (-25.87%) is below the historical average (33.02%), 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 | Rs-982.58K |
| 2008 | 141.30% | 16.53% | 1.93x | 4.43x | Rs112.57 Million |
| 2009 | 84.24% | 35.12% | 1.53x | 1.57x | Rs384.32 Million |
| 2010 | 42.81% | 19.45% | 1.73x | 1.27x | Rs283.57 Million |
| 2011 | 33.57% | 17.62% | 1.36x | 1.40x | Rs359.43 Million |
| 2012 | 28.07% | 16.94% | 1.13x | 1.47x | Rs341.85 Million |
| 2013 | 27.05% | 15.92% | 1.19x | 1.42x | Rs378.88 Million |
| 2014 | 38.34% | 19.86% | 1.35x | 1.43x | Rs781.46 Million |
| 2015 | 35.30% | 20.04% | 1.30x | 1.35x | Rs830.75 Million |
| 2016 | 46.67% | 25.86% | 1.38x | 1.31x | Rs1.20 Billion |
| 2017 | 36.08% | 21.61% | 1.28x | 1.30x | Rs1.20 Billion |
| 2018 | 31.48% | 24.19% | 1.05x | 1.24x | Rs1.31 Billion |
| 2019 | 13.85% | 10.97% | 0.79x | 1.61x | Rs256.64 Million |
| 2020 | 28.39% | 16.49% | 1.03x | 1.66x | Rs1.18 Billion |
| 2021 | 14.14% | 11.96% | 0.74x | 1.61x | Rs314.18 Million |
| 2022 | 14.33% | 11.63% | 0.76x | 1.63x | Rs363.63 Million |
| 2023 | 13.21% | 9.80% | 0.85x | 1.59x | Rs283.20 Million |
| 2024 | 19.78% | 12.81% | 0.95x | 1.63x | Rs732.29 Million |
| 2025 | 27.99% | 13.52% | 1.18x | 1.75x | Rs1.37 Billion |
| 2026 | -25.87% | -12.47% | 1.10x | 1.89x | Rs-1.96 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: $6,845,806,666
- Average return on equity (ROE) among peers: 14.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Symphony Limited (SYMPHONY) | Rs5.45 Billion | 9.57% | 0.89x | $426.06 Million |
| Archidply Decor Limited (ADL) | $507.52 Million | 0.06% | 0.56x | $4.28 Million |
| Airo Lam limited (AIROLAM) | $152.58 Million | 10.96% | 3.11x | $13.66 Million |
| Amber Enterprises India Limited (AMBER) | $17.73 Billion | 6.16% | 1.77x | $2.66 Billion |
| AVRO INDIA LIMITED (AVROIND) | $132.77 Million | 8.55% | 0.48x | $11.11 Million |
| Bajaj Electricals Limited (BAJAJELEC) | $10.63 Billion | 1.89% | 2.62x | $409.82 Million |
| Borosil Limited (BOROLTD) | $6.29 Billion | 3.15% | 0.05x | $321.16 Million |
| Butterfly Gandhimathi Appliances Limited (BUTTERFLY) | $756.18 Million | 40.21% | 2.84x | $112.20 Million |
| CARYSIL LIMITED (CARYSIL) | $280.86 Million | 17.21% | 1.80x | $346.60 Million |
| Cello World Limited (CELLO) | $24.08 Billion | 14.07% | 0.10x | $782.45 Million |
| Crompton Greaves Consumer Electricals Limited (CROMPTON) | $7.90 Billion | 41.01% | 2.07x | $1.57 Billion |
About 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; air cooler; industrial air coolers; portable cooler; commercial coolers; large space venti-cooling; … Read more