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July 26,2016

To,
1) The Secretary
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai - 400 001

Code No.:- 5'17385

2) The Secretary
National Stock Exchange of lndia Limited
Exchange Plaza, Plot No. C/'l, G Block,
Bandra Kurla Complex, Bandra (E),
Mumbai - 400 05'l

Symphony :- SYMPHONY

Series :- EQ

3) The Secretary
Ahmedabad Stock Exchange Limited
Kamdhenu Complex, Opp. Sahajanand Complex,
Panjarapole,
Ahmedabad - 380 015

Sub;

Code No.;- 51760

Approval of Unaudited Financial R63ults

Dear Sir,

We are pleased to enclose herewith the Unaudited Financial Results along with Limited
Review Report for the first quarter ended on June 30, 2016 which has been approved by
the Board of Directors at its meeting held today.
We are also enclosing herewith Datasheet showing performance analysis of Unaudited
Financial Results for the quarter ended on June 30, 2016.

Kindly take note of the same and oblige


Thanking you,
NY

Yours faithfully,
For, SYMPHONY LIMITED

AIl[1EDAEAJ

Mayur Barvadiya

Company Secretary

Encl:

E ma

(i) Unaudited Financial Results


(ii) Datasheet

D coroorate(OsvmohonY lmited com

cl

g (D

t
-

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t[] r ir7

ne Financi.rR.surrs lor rhc ouan

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rrcm

o!.r.

on3Incl)

a
b
c

Cosr oI

Ehobyee ben.ris expense

Mabia s @nsumed
Purchase ol Elo*- nrrade
Chanses

+3A%

nventoi.sornnis

Pbni ft.m op.ation. b.loE oth

orl

Pbft

6610B financ

c6ts

+48%

l3+4)

N.t Prcrir lor tho pe.lod {7.t)

!p Equiry Share Capita lFaceVau Rs z- pc. sh..e)


Reseruesxcluding Revalualon Resrue as per Bal.nce sheel oI
Pa'd

E.hins Porsh.E (ot R., 2r'..cfi l(not.nnu.lr..d)

Trie above ananoal Esu

2
3

TheSl.luroryaudlofsofrhcompanyhav6e

have ben rcv ewed by the Audit

commih*

and apprcvd by lhe Boad oI Dnedors

d lhen med

ns held on Ju v 26

edoullimledrcvewotrhefianciarcsulkforlhequ.nerendedJune3020l6
Ao.d of D'doG nlh.rm6tnohedoiJuly26 2016d.ca.d1n'nl.dndividondof Rs150/-(75%) p.reqdyshaEofRs z ach
amounl'nqtoRs63149lacsrcudnqd'videnddstihuloitxThemembe^who*nam*appe$inlheRegislrolMembercorlhecompany
The

ason crosns houre orAususi

+40%

Trie Bo.rd

o2.2

idlslinleimd'videndThsaiddividndlnbpaido.orblor6August

oro'Edo6 nlher mednghedoiJuly26

every equityshaE(1
sharehodeG and

1)hedason

2016has@

edabonusissueoloie equty

bonusissuolequiygh.Gssrbe

bjed lo.pprcvarby rhe

anydhrapplie

paiLesAd2ol3. nom pevious yarlh comp.ny hascnansed is acc


Juneendnqasiiio.mdeadErA.codinsyprevlousacmuniiigyedwasotnh6monlhsendedonMarch3l,2016

'i:[l
sesmeni Resurls

erofi berore rnred

and raxEs - PBlr)

:;il*

ToblP6fitAt rT.x
b

coDoEreFunds

i::::f
l;::l

ANMEDAB

il

Sognont Rsuhr {PBIT) % on C.piElEmploy.d (Fortn.


quader & @.pFdv. p.tlodl l.ot.nnu.ri..d)
b.

coDor.t! Fund. (se

Nota 2)

riii{r
s..ly.l

shar ror

2 seq ment Profi

%rr

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apita

reEqe monlh, cap

--l6.l-d-rn
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l
l

r3rcs. PBrr)

AHMEDAgAD

S\.nphn\'

r'qrE'ouci

ABMEOABAD

dlouo 'n"""

Deloitte
Haskins & Sells
Far

l9l

1079)6632 7400

I\DEPENDEN'I' AUDITOR'S REVIIW RIP()Rl'


TO THE BOARD OF DIRf,CTORS OF
SYMPHONY LIMITED
have reviewed the accompanying Statemenl of Standalone Unaudited Financial
Results of SYMPHONY LIMITED Clhe Company") for the Quarter ended June 30,
2016 (-the Statement"), being submitted by the Company pursuant to the requirement of
Regulation 33 of the sEBI (Listing Obligations and Disclosure Requirements)

we

Regulations, 2015. This Statement which is the responsibilily of the Company's


Management and approved by the Board of Directors, has been prepared in accordance
with the recognition and measurement principles laid down in Accounting Standard ior
Interim Financial Reporting (AS 25), prescribed under Seclion 133 ofthe Companies Act,
2013 read with relevant rules issued there under and other accounting principles generally
accepted in lndia. Our responsibiliry is to issue a repon on the Statement based on our

2-

3.

We conducted our review of the Statement in accordance with the Standard on Review
EnSagements (SRE) 2410 'Review of lnterim Financial lnformation Performed by the
lndependenl Auditor of the Entity', issued by the lnstitute of Chartered Accountants of
lndia. This Standard requires that we plan and perform the review to obtain modemte
assurance as lo whether the Statemen( is lree of material misstatement. A review is
limited primarily to inquiries ofCompany personneland analytical procedures applied to
financial data and thus provides less assurance than an audit. we have not performed an
audit and, accordingly, we do not express an audit opinion.
Based on our review conducled as stated above, nothing has come to our attention that
to believe that the accompanying Statement, prepared in accordance with the
aforesaid Accounting Standards and other accounting principles generally accepted in
India, has not disclosed the information required lo be disclosed in terms ofRegulation 33

causes us

of thc SEBI (Listing

Obligations and Disclosure Requiremcnls) Regulations, 2015,


including the manner in which it is to be disclosed. or that it contains any material

misstatement.

!'or l)EL()ITTE HASKINS & SELLS


('hancred Accountants
(l:irm s ltcgislrrlion No. I 17365W)

stI
Gaurav J Shah
Partner

(Membership No. 15701)

en."aurua.?6f.lrty,

zo t o

SYMPHONY LIMITED
Data Sheel : Performance Analysis for the Quaiter Ended on June 30, 2016

ol

Partic ulars

FY17

AprJun2016

04 FY15
Apr-Jun2015

Rs. in Lacs
FY,I6
Jul-Ma12016

(Reler Note
No. 2)

bit
15,215

Sa es

Y-O-Y GroMh %
Other Ope.ating income
lncome f rom Operations(net)
Y-O-Y Growth %
Other lncome
Gross Revenue
Y-O-Y Growth %
Gross Margin(Sales - Material Cost) Value
EEITDA
PBT (Rs. Lacs)

ax ck)
PAT (Rs Lacs)
Y-O-Y Growlh %

45

2a

118

11,O77

41,485

946
12.023

43,4U

6 322
2 963
2,890

22,667
17 176
16 949

37.4%
494
15,754
31-0%
8,799

1,949

19.3%

27.9%

24 3%

3 114

2,226

27 40k
12.300

39.9%

mentwise Revenue and Results

Sec

Value

Segment Revenue

Total
Segment Results (Profit before lnterest and Taxes - PBIT)
lndia
Rest of the wodd

Total

rnar$

(%-)

oiSElEs

EBITDA
of Gross Revenue
PBT (%) of Gross Revenue
PAT (%) ol Gross Revenue
(o/o)

Em
ed
Air Coolers
Corporate Funds (Treasury lnvestmenls)

Value

Value
36 787

1,811

10 092
957

15,215

11,049

4t,367

3 533

2,508

13.404

Cross

41

15 260

4,394
4 317
Y-O-Y Growth %

11 049

37.7./.

4,580

784

384

15 056
1,901

4,317

2,892

16,957

57.8vo

57.2%

54 80k

27.9Yo

24.60/.

27.Ayo
19.80

24.0%

39 5ol"
39.0"/"

18.5%

28.3%

10,084

4,413

12.758

23.824

24,606

1E.037

Ca

Return % on Ca oital EmDloved {PBIT) (For the quader &


resDective oeriodl - Not Annualised
Air Coolers %
Corporale Funds

pjyiog!!!

43 6%

22.40k

1.50/o

35%

o/o

(A) lnrerim Dividend

222 5V"
5.40k
1250.0%

75.oyo

500 0%

(B) FinalDividend

'l The Board of Oireclo6 in their meeling held on July 26, 2016 has considered,approved and recommended a bonus
equity share for every equily share ('l:1)held ason a record dale lo be determined.The bonus rss
equity sharc s wil be subject to approval by the shareholders and any other applicable statulory and regulatory
2 ln view ofthe provision of Companies Act 2013, from previous yearthe Company has changed ils accounti
March eoding instead ofJune ending as rnformed earlier. Accordingly previous accounling yearwas ol nine
ended on March 31,2016.

ABAD

3 Segmenl Prolil (PBIT) % on Capilal Employed has been clculaled on average monthly Capatal Employed

4lnvestment ofCorporate Funds includes investment in Growth MulualFunds and Fixed Maturity Plans,
which is accounled on malunty / distribution ofdividend

Regrstered Offlce Symphony House, FP12-TP50, Eodakdev,

Off SG

Haghway, Ah

bad-380

CiN : 32201GJ1988P1C010331 I Web: wv'/w.symphonylimited.com I


Email: corporate@symphonylimited.com lPhone: +91-79$6211111 | Fax: +91-79$6211139

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