::: Market Corner :: Best Investments :: Buy Recommendations ->
       
  
 

 

Date :August 09, 2012

 

Best Buy : Symphony Ltd


 

Price Info :-

CMP (Rs.)
Rs 390.00
52 Week High (Rs.)
Rs 625.00
52 Week Low (Rs.)
Rs 173.00
Market Cap (Rs In Cr)
1413
Dividend (FY 11)
Rs.5.50
Face Value
Rs.2


COMPANY CELEBRATED SILVER JUBILEE YEAR AND HAS DECLARED SPECIAL DIVIDEND RS.5.50 FOUR DAYS AGO (F V. RS.2), RECORD DATE TO BE ANNOUNCE SOON.


 

About The Company:-


A world leader in evaporative air coolers, Symphony focuses on innovative design to create better and eco-friendly products for domestic and industrial customers in 60 countries across the globe.
At Symphony, our design-driven innovation and green engineering is a sustainable competitive advantage. We deliver market-leading products with engineering and design innovation, improved energy conservation, distinctive styling and customer-centric design.

Established in 1988, Symphony leverages a unique and successful asset-light business model for its residential coolers in India and in-house lean manufacturing for its industrial coolers in Mexico to achieve sustainable and profitable growth.

Headquartered in Ahmedabad, Gujarat, India, Symphony is a global company committed to develop sustainable and responsible products. This means leading the air-cooling industry's efforts to develop breakthrough green technologies to combat climate change. A publicly traded company in India with a manufacturing base in North America offering products in over 60 countries, Symphony continuously delivers value to its stakeholders in a profitable and predictable way.


Company Expansion :


Symphony provides evaporative air cooling solutions to help customers keep their surrounding environment cool and comfortable whether they’re at home, work or anywhere in the world. It provide domestic (plastic), commercial (heavy duty metal coolers) and industrial (metal cooler-machine made modular unit) air coolers across various models. Employing an environment-friendly carbon reduction product strategy, Symphony air coolers offer a superior value proposition to air conditioners.

Symphony offers the largest range of residential air coolers with unique features and state-of-the-art design combined with economy, reliability and efficiency. Symphony’s residential air coolers are designed around superior features – powerful air throw and honeycomb pads and are ideal for residences, shops, showrooms and offices. These attributes translate into superior consumer value – lower costs (initial and operating) and superior performance.




COMPANY INNOVATION

Design-driven innovation in Symphony's manufacturing processes gives us a sustainable competitive advantage. Symphony’s commitment to innovation across its products reflects in their outstanding energy efficiency, innovative styling and customer-centric design.


At Symphony they  invest in research and development for new products and IPR (Intellectual Property Rights)-driven technology inventions to maintain and increase our market share and brand leadership. They are constantly innovating to refine our products from ideas to prototypes, development and commercialization whilst creating new markets.

 

 

 

 

 

Company Financial:


Company gross Revenue Rs.2426.29 lacs (year 2010) increased to Rs.3007.58 (year 2011) grew by 24% and net profit growth Rs.237.86 lacs to Rs.440.86 grew by  85%



COMPANY QI REPORT

Company net sales Rs.5884 lacs (year june 2011) grow by Rs.9004 lacs (year june 2012)  grow by 53 %and net profit rs.1174 lacs grow to rs.1967 lacs. Grow by 67%And EPS (Rs.3.30 TO RS.5.62)


RECOMMENDATION :

So, we recommend strongly to buy the stock SYMPHONY LIMITED at current levels. OUR TARGET TO HIT IS RS.600 IN COMING 3-4 MONTHS.




THANKS AND REGARDS.

MIDEAST TEAM.