Symphony guides to FY27 rebound on summer demand, lower finance costs

Air-cooler maker Symphony expects FY27 to improve on stronger summer demand across South, West and Central India, ₹13-14 crore lower interest costs after Australia loan prepayment, end of impairments, and 25% standalone revenue from non-seasonal products. EBITDA margin stood at 15.6%; shares down 42% YoY.

— Source publishedWed, 20 May, 2026, 10:14 IST·First seen Wed, 20 May, 2026, 10:26 IST·Source CNBC-TV18 · Companies

What happened

Symphony expects FY27 to improve over FY26 on stronger summer demand in South/West/Central India, lower finance costs after Australia loan prepayment, end of

Key facts

  • FY27 growth guidance
  • market cap ₹4,965.97 crore
  • shares down 42% YoY
  • non-summer products 25% standalone revenue
  • 49% consolidated
  • import components <4% BOM
  • interest cost reduction ₹13-14 crore
  • EBITDA margin 15.6%

Why this matters

Australia loan prepayment closes a balance-sheet drag and frees capacity to pursue bolt-on diversification into non-seasonal durables to de-risk the cooler-led portfolio.