SYMPHONY (Symphony Ltd) vs BSE Sensex 30 Comparison

SYMPHONY

BSE Sensex 30

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SYMPHONY

BSE Sensex 30

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1Y 3Y 5Y 10Y 15Y 20Y

SYMPHONY

BSE Sensex 30

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BSE Sensex 30

SYMPHONY

000333

600690

000651

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1Y 3Y 5Y 10Y 15Y 20Y

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

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Symphony Ltd
Glance View

Market Cap

89B INR

Industry

Consumer products

Symphony Limited, an Indian multinational company, embarked on its journey to revolutionize air cooling solutions with a vision rooted in innovation and resilience. Founded in 1988, Symphony challenged the norms in a market dominated by conventional air conditioning. By focusing on energy-efficient, environmentally friendly, and affordable cooling solutions, Symphony has become synonymous with pioneering advancements in air cooling technology, transporting cool air across global markets from its base in Ahmedabad, India. The company’s ethos has always been about providing sustainable comfort, which it accomplishes with its wide range of air coolers. These products cater to various segments, from personal and residential to commercial needs, capitalizing on its research-driven approach to ensure world-class quality and performance. The robust financial health of Symphony Ltd., which sustains its global presence, is deeply intertwined with its unique business model. The company's strategy is embedded in outsourcing production to third-party manufacturers, allowing it to focus on core competencies like product development, marketing, and distribution. Symphony derives revenue primarily through the sale of its air cooling solutions, which have expanded into over 60 countries. This geographic diversification alongside a strong distribution network, both offline and online, mitigates risks and ensures steady cash flows. Furthermore, acquisitions, such as the purchase of Mexican company IMPCO, bolster its technological capabilities and international footprint, strategically positioning Symphony as a leader in the evaporative air cooling market globally. Through this prudent and innovative approach, Symphony not only creates value for its shareholders but also continues to set new benchmarks in the cooling industry.

View SYMPHONY Analysis

SYMPHONY Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

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CN		Gree Electric Appliances Inc of Zhuhai SZSE:000651	Select
US	S	Sharkninja Inc NYSE:SN	Select
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CN	H	Hangzhou Greatstar Industrial Co Ltd SZSE:002444	Select
FR		SEB SA PAR:SK	Select

CN		Midea Group Co Ltd SZSE:000333	Add
CN		Haier Smart Home Co Ltd SSE:600690	Add
CN		Gree Electric Appliances Inc of Zhuhai SZSE:000651	Add
US	S	Sharkninja Inc NYSE:SN	Add
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US		Whirlpool Corp NYSE:WHR	Add
CN		Beijing Roborock Technology Co Ltd SSE:688169	Add
CN		Zhejiang Supor Co Ltd SZSE:002032	Add
CN	H	Hangzhou Greatstar Industrial Co Ltd SZSE:002444	Add
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SYMPHONY

vs

BSE Sensex 30

Stocks Performance
SYMPHONY vs BSE Sensex 30

Performance Gap
SYMPHONY vs BSE Sensex 30

Performance By Year
SYMPHONY vs BSE Sensex 30

Competitors Performance
Symphony Ltd vs Peers

Symphony Ltd
Glance View

Company

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SYMPHONY vs BSE Sensex 30

Stocks Performance SYMPHONY vs BSE Sensex 30

Performance Gap SYMPHONY vs BSE Sensex 30

Performance By Year SYMPHONY vs BSE Sensex 30

Competitors Performance Symphony Ltd vs Peers

Symphony Ltd Glance View

Company

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Tools

Stocks

SYMPHONY

vs

BSE Sensex 30

Stocks Performance
SYMPHONY vs BSE Sensex 30

Performance Gap
SYMPHONY vs BSE Sensex 30

Performance By Year
SYMPHONY vs BSE Sensex 30

Competitors Performance
Symphony Ltd vs Peers

Symphony Ltd
Glance View