High input cost drags margin…
About The Stock:- Symphony is the market leader in the air-cooling business with a strong distribution network of ~30,000+ dealers, ~1000+ distributors and ~1000+ authorised service centres across the country
- Asset light business model with strong RoE and RoCE of ~20% and ~21%, respectively (average in the past three years)
Symphony is the world’s largest manufacturer of air coolers with a presence in over 60 countries and provides air cooling products in the residential, industrial and commercial segments.