Symphony Limited reported its second-highest consolidated revenue and EBITDA for a June quarter in Q1FY27, driven by resilient domestic demand and disciplined execution. Consolidated revenue from operations grew 8% to ₹378 crore, while EBITDA surged 26% to ₹48 crore. The Board of Directors declared an interim dividend of ₹1 per equity share, payable on or before August 31, 2026. Despite the operational strength, net profit declined 5% to ₹40 crore due to higher other income in the prior year period.

The unaudited standalone and consolidated financial results were reviewed by statutory auditors B S R & Co. LLP, which issued an unmodified conclusion under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Symphony’s Company Secretary, Mayur Chimanbhai Barvadiya, filed the disclosures with the National Stock Exchange of India Limited and BSE Limited on August 4, 2026. An earnings conference call was held on the same day at 4:00 PM IST, led by Investec Capital Services (India) Private Limited.

Financial Performance

Consolidated revenue from operations stood at ₹378 crore in Q1FY27, up from ₹350 crore in Q1FY26. EBITDA expanded to ₹48 crore from ₹38 crore, with the margin improving by 190 basis points to 12.6%. Standalone revenue increased by 5% to ₹241 crore, while standalone EBITDA rose 25% to ₹30 crore. Net profit fell to ₹40 crore from ₹42 crore, impacted by ₹9 crore higher other income in Q1FY26, comprising ₹3.6 crore treasury income, ₹2.9 crore forex gain, and ₹2.4 crore one-off income.

Segment and Geographical Insights

The Air Cooling and Other Appliances segment contributed ₹383 crore in segment revenue and generated a profit before interest and taxes (PBIT) of ₹45 crore on a consolidated basis. Geographically, India contributed ₹231 crore in revenue with a PBIT of ₹36 crore, while the rest of the world accounted for ₹147 crore in revenue and ₹17 crore in PBIT. Corporate Funds contributed ₹8 crore to both revenue and PBIT. Beyond India Summer Products (BISP) delivered ₹560 crore in trailing twelve-month revenue, contributing 48% and reinforcing Symphony's strategic diversification from the Indian summer.

Strategic Developments

Symphony completed an internal restructuring during the quarter when Climate Technologies Pty Limited transferred its entire shareholding in step-down subsidiary Bonaire USA LLC to the parent company. This common control transaction did not change ultimate ownership. Additionally, the Board rolled back the divestment process for Climate Holdings Pty Limited (Australia) and IMPCO S de R.L. de C.V. (Mexico), citing no formal proposals meeting strategic expectations. These subsidiaries are no longer classified as discontinued operations or held for sale.

What the Numbers Show

Despite a slight dip in consolidated net profit, Symphony delivered strong operational efficiency with EBITDA rising to ₹48 crore and margins expanding significantly. The growth was supported by robust domestic demand, where modern trade more than doubled and digital channels remained highly profitable. Internationally, Bonaire USA recorded 35% revenue growth and GSK China delivered 43% growth, offsetting declines in Mexico and Australia. The normalization of trade and company inventory indicates no season-end overhang, positioning the company for stable future performance.

Symphony Limited has opened a special window for the relodgement of physical share transfer deeds, providing shareholders an extended opportunity to regularize pending transactions. The company announced on July 28, 2026, that this facility is available for transfer deeds lodged before April 1, 2019, which were previously rejected, returned, or left unattended due to deficiencies. This move aims to resolve long-pending ownership issues and ensure accurate record-keeping for eligible shareholders.

The special window remains open until February 4, 2027. It specifically targets cases where the company had issued stop-transfer notices due to incomplete documentation or other deficiencies at the time of initial lodgement. Shareholders holding physical shares affected by these past rejections can now submit corrected documents to finalize their transfer requests. This procedural update complements the company’s earlier announcement regarding the record date for the first interim dividend for FY26-27.

Key Dates and Details

The following table outlines the critical timelines associated with this shareholder notice:

This intimation was issued in compliance with applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was signed by Mayur Barvadiya, Company Secretary and Head - Legal, and dated July 27, 2026. Investors are advised to review their shareholding status and take necessary action before the deadline to avoid further complications in share ownership records.