Symphony Ltd (NSE:SYMPHONY)
₹ 1393.85 27.9 (2.08%) Market Cap: 95.72 Bil Enterprise Value: 92.87 Bil PE Ratio: 40.60 PB Ratio: 12.91 GF Score: 90/100

Q2 2025 Symphony Ltd Earnings Call Transcript

Oct 29, 2024 / 10:00AM GMT
Release Date Price: ₹1496.7 (-8.26%)
Achal Bakeri
Symphony Ltd - Managing Director

We were having long standing relationship of more than 10 years since 2013 and so far until summer of 23 there was impeccable payment track record. However, considering the delay, we have already initiated the legal action and we will go all out for the recovery, but we need to report this.

And today board of directors have announced second interim dividend of rupees 2 per share. And with this total shareholder payout for first six months will be 110 crore versus console paid of 144 crore. That is 77% of the console profit is payout.

So as symphony is known in terms of the capital efficacy and our focus despite the growth and performance has been always how we can be wise enough in terms of the capital employment. So in terms of the total fixed assets on a stand alone basis, it stands at 76 crore while in terms of the current assets, it is 198 crore which includes the receivable of 73 crore.

Unfortunately, this would have been even better. However, as you can see the difference between domestic receivables mainly it is on account

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