SYMPHONY LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 931.6 INR | -1.60% |
|
-1.85% | +6.36% |
| Feb. 29 | Symphony Limited Announces Executive Changes | CI |
| Jan. 30 | Transcript : Symphony Limited, Q3 2024 Earnings Call, Jan 30, 2024 |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 96,817 | 55,343 | 88,419 | 76,757 | 71,027 | 64,237 | - | - |
| Enterprise Value (EV) 1 | 95,407 | 53,813 | 86,959 | 75,307 | 70,607 | 61,831 | 61,358 | 60,528 |
| P/E ratio | 106 x | 30.5 x | 82.3 x | 63.8 x | 60.9 x | 43.9 x | 34.5 x | 28.3 x |
| Yield | 0.33% | 2.91% | 0.4% | 0.82% | 0.49% | 1.11% | 1.33% | 1.49% |
| Capitalization / Revenue | 11.5 x | 5.02 x | 9.82 x | 7.39 x | 5.98 x | 5.32 x | 4.61 x | 4.09 x |
| EV / Revenue | 11.3 x | 4.88 x | 9.66 x | 7.25 x | 5.94 x | 5.12 x | 4.41 x | 3.85 x |
| EV / EBITDA | 72.3 x | 25.4 x | 62.6 x | 46.8 x | 51.2 x | 35.5 x | 26.5 x | 21.5 x |
| EV / FCF | 74.7 x | 39.2 x | 124 x | 157 x | 61.9 x | 56 x | 42.6 x | 35.5 x |
| FCF Yield | 1.34% | 2.55% | 0.8% | 0.64% | 1.61% | 1.78% | 2.35% | 2.81% |
| Price to Book | 14.5 x | 8.67 x | 11.7 x | 9.14 x | 8.06 x | 9.41 x | 8.07 x | 7.09 x |
| Nbr of stocks (in thousands) | 69,957 | 69,957 | 69,957 | 69,957 | 69,957 | 68,957 | - | - |
| Reference price 2 | 1,384 | 791.1 | 1,264 | 1,097 | 1,015 | 931.6 | 931.6 | 931.6 |
| Announcement Date | 5/22/19 | 5/29/20 | 4/27/21 | 5/3/22 | 5/5/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 8,440 | 11,030 | 9,000 | 10,390 | 11,880 | 12,074 | 13,927 | 15,716 |
| EBITDA 1 | 1,320 | 2,120 | 1,390 | 1,610 | 1,380 | 1,740 | 2,320 | 2,809 |
| EBIT 1 | 1,220 | 1,910 | 1,180 | 1,370 | 1,120 | 1,444 | 2,062 | 2,565 |
| Operating Margin | 14.45% | 17.32% | 13.11% | 13.19% | 9.43% | 11.96% | 14.81% | 16.32% |
| Earnings before Tax (EBT) 1 | 1,300 | 2,300 | 1,310 | 1,680 | 1,520 | 1,926 | 2,480 | 2,985 |
| Net income 1 | 920 | 1,820 | 1,070 | 1,200 | 1,170 | 1,471 | 1,852 | 2,254 |
| Net margin | 10.9% | 16.5% | 11.89% | 11.55% | 9.85% | 12.18% | 13.3% | 14.34% |
| EPS 2 | 13.09 | 25.98 | 15.35 | 17.20 | 16.66 | 21.20 | 27.03 | 32.90 |
| Free Cash Flow 1 | 1,277 | 1,373 | 700 | 480 | 1,140 | 1,104 | 1,439 | 1,704 |
| FCF margin | 15.13% | 12.45% | 7.78% | 4.62% | 9.6% | 9.14% | 10.33% | 10.84% |
| FCF Conversion (EBITDA) | 96.72% | 64.77% | 50.36% | 29.81% | 82.61% | 63.43% | 62.04% | 60.66% |
| FCF Conversion (Net income) | 138.77% | 75.45% | 65.42% | 40% | 97.44% | 75.04% | 77.71% | 75.59% |
| Dividend per Share 2 | 4.500 | 23.00 | 5.000 | 9.000 | 5.000 | 10.32 | 12.36 | 13.91 |
| Announcement Date | 5/22/19 | 5/29/20 | 4/27/21 | 5/3/22 | 5/5/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,160 | 3,390 | 2,300 | 2,200 | 2,050 | 3,840 | 3,290 | 2,740 | 2,770 | 3,080 | 3,020 | 2,809 | 2,991 | 3,404 | 3,593 |
| EBITDA 1 | 330 | 840 | 100 | 390 | 300 | 820 | 340 | 370 | 440 | 230 | 260 | 392.8 | 486.7 | 660 | - |
| EBIT 1 | - | - | - | - | 240 | 760 | 280 | 310 | 370 | 160 | 190 | 393 | 467.7 | 460.4 | 416.5 |
| Operating Margin | - | - | - | - | 11.71% | 19.79% | 8.51% | 11.31% | 13.36% | 5.19% | 6.29% | 13.99% | 15.64% | 13.52% | 11.59% |
| Earnings before Tax (EBT) 1 | - | - | - | 400 | 280 | 900 | 380 | 430 | 480 | 230 | 300 | 512 | 513 | - | - |
| Net income 1 | - | - | 60 | 300 | 210 | 630 | 290 | 330 | 390 | 160 | 240 | 334.5 | 378.5 | 460.3 | - |
| Net margin | - | - | 2.61% | 13.64% | 10.24% | 16.41% | 8.81% | 12.04% | 14.08% | 5.19% | 7.95% | 11.91% | 12.65% | 13.52% | - |
| EPS | - | - | - | - | 2.960 | 9.050 | 4.210 | 4.670 | - | - | - | 6.300 | - | 7.300 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 1/22/21 | 4/27/21 | 7/23/21 | 10/26/21 | 1/25/22 | 5/3/22 | 7/26/22 | 10/20/22 | 2/8/23 | 5/5/23 | 7/27/23 | - | - | - | - |
1INR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 1,410 | 1,530 | 1,460 | 1,450 | 420 | 2,406 | 2,879 | 3,709 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 1,277 | 1,373 | 700 | 480 | 1,140 | 1,104 | 1,439 | 1,704 |
| ROE (net income / shareholders' equity) | 14.4% | 27.9% | 15.3% | 15% | 13.6% | 17.5% | 21.4% | 23.2% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 95.10 | 91.20 | 108.0 | 120.0 | 126.0 | 99.00 | 115.0 | 131.0 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 119 | 196 | 190 | 90 | 110 | 188 | 186 | 186 |
| Capex / Sales | 1.41% | 1.78% | 2.11% | 0.87% | 0.93% | 1.55% | 1.34% | 1.18% |
| Announcement Date | 5/22/19 | 5/29/20 | 4/27/21 | 5/3/22 | 5/5/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
931.6
INR
Average target price
1,004
INR
Spread / Average Target
+7.82%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +6.36% | 770M | |
| +22.79% | 28.64B | |
| +35.11% | 6.93B | |
| +81.37% | 6.43B | |
| +0.22% | 3.3B | |
| +30.89% | 3.14B | |
| +2.91% | 3.06B | |
| -0.02% | 3.04B | |
| +4.27% | 2.96B | |
| -1.92% | 2.96B |
- Stock Market
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- SYMPHONY Stock
- Financials Symphony Limited
