관리-도구

편집 파일: 1698669198.M24987P17479.server.saraya-global.com,S=13541,W=13725:2,

Envelope-to: rajesh@sarayamystair.in
Delivery-date: Mon, 30 Oct 2023 20:33:18 +0800
DomainKey-Signature: a=rsa-sha1; c=nofws; q=dns; s=emm; d=mnclgroup.com;
 b=lrgvBWu+j4qW+1S/1LhhRDSceisXRBUdaBYzVxvg2lVGB3fkIM0D085s7o8jHVMkbmRchFZtULue
   qV+Yv008Y93gQcIlPcDSh/5zVHzZZcnAEWu4dQzfo3Jggdfe7hydbDkfqtIJCXQO1uBhYHzi+/ZO
   7rs4zUpJk6+ztuLFMXA=;
To: rajesh@sarayamystair.in
From: Himanshu Pareek <himanshu.pareek@mnclgroup.com>
Reply-To: Himanshu Pareek <himanshu.pareek@mnclgroup.com>
Subject: =?UTF-8?Q?Monarch_Networth_Research_=E2=80=93_Symphony_Limited_-_Corporat?=
 =?UTF-8?Q?e_Access?=
Message-ID: <8140732703836557@crm.mnclgroup.com>
Feedback-ID: 18:180810:20231030180038:
MIME-Version: 1.0
Content-Type: multipart/alternative;
	boundary="b1_3af2a5df207b1c091287cc1ff5309d9a"
Date: Mon, 30 Oct 2023 18:03:13 +0530

--b1_3af2a5df207b1c091287cc1ff5309d9a
Content-Type: text/plain; charset="UTF-8"
Content-Transfer-Encoding: 7bit

Hello,

We seek your interest in meeting the senior management of Symphony
Limited.

About Symphony Limited:

Symphony Limited is he world leader in evaporative air coolers with a
market capitalisation of ~ Rs.60,000 mn. It addresses every cooling
need with a product range comprising household, commercial and
industrial air coolers. As of FY23, company has 97+ designs, 20+
copyrights, 55+ patents 417+ trademarks in its name. It has sold 25+
mn air coolers worldwide. Company has 30,000+ dealers and 1,000+
distributors, having increased its presence from 500 towns to 5,000+
towns in last 8 years. It also has a presence in 60+ Countries.

Q2FY24 results:

- Consolidated revenue at Rs2.7bn grew 0.4% YoY; consolidated margins
at 46.1% grew 130bps YoY.

- Standalone revenue at Rs1.96bn declined 9% YoY; the domestic sales
however remained flat despite erratic summer. Margins at 49.9%
improved 300bps

- The quarter saw Symphony launch a slew of new products and a
favourable product mix. This coupled with softening in input costs and
value engineering was a standout factor.

- Consolidated/standalone PAT came in at Rs350mn / Rs500mn
respectively.

Why meet the management:

- Consumer preference towards the air cooler; market size and the
opportunity

- Symphony enjoys a Numero Uno position in the air cooler market;
product pipeline and diversification

- Global markets and opportunities; ability to penetrate into
semi-urban & rural markets

- Sustainable margins; in-house vs. outsourcing business model

Link to their latest earnings presentation:
http://lnk.mnclgroup.com/vtrack?clientid=180810&ul=
CAcCBAYBHVNLS1QOVkAKc0sER1ROWVodEkRSDEAWW1YdHQ==&ml=AQxIAU8DUB8=&sl=ckh3TWZlHTB6bUkIXVhMXlYGWVJFV0IUT1NcCE4I&pp=0&fl=WEBAQUAMTkxEQFgUW1wMSlQMWFxDXVNKAl9eSkVIH1sOD0BWChEZQ0kJXAVdQ0xUCQQESwFTFnA2HGRcFQQFAwMaRFVV&ext=

Let me know of your interest in a quick call with the management.

Regards,
Himanshu Pareek
 <mailto:himanshu.pareek@mnclgroup.com>

--Click Here to unsubscribe from this newsletter.

--b1_3af2a5df207b1c091287cc1ff5309d9a
Content-Type: text/html; charset="UTF-8"
Content-Transfer-Encoding: 8bit

<!DOCTYPE html><html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" lang="en"><head><title></title><meta http-equiv="Content-Type" content="text/html; charset=utf-8"><meta name="viewport" content="width=device-width,initial-scale=1"><style>
*{box-sizing:border-box}body{margin:0;padding:0}a[x-apple-data-detectors]{color:inherit!important;text-decoration:inherit!important}#MessageViewBody a{color:inherit;text-decoration:none}p{line-height:inherit}.desktop_hide,.desktop_hide table{mso-hide:all;display:none;max-height:0;overflow:hidden}.image_block img+div{display:none} @media (max-width:740px){.mobile_hide{display:none}.row-content{width:100%!important}.stack .column{width:100%;display:block}.mobile_hide{min-height:0;max-height:0;max-width:0;overflow:hidden;font-size:0}.desktop_hide,.desktop_hide
table{display:table!important;max-height:none!important}}
</style></head><body style="background-color:#fff;margin:0;padding:0;-webkit-text-size-adjust:none;text-size-adjust:none"><table class="nl-container" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff"><tbody><tr><td><table class="row row-1" align="center" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tbody><tr><td><table 
class="row-content stack" align="center" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;color:#000;width:720px;margin:0 auto" width="720"><tbody><tr><td class="column column-1" width="100%" style="mso-table-lspace:0;mso-table-rspace:0;font-weight:400;text-align:left;padding-bottom:5px;padding-top:5px;vertical-align:top;border-top:0;border-right:0;border-bottom:0;border-left:0"><table class="text_block block-1" width="100%" border="0" 
cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="font-family:sans-serif"><div class style="font-size:14px; 
font-family:Arial,'Helvetica Neue',Helvetica,sans-serif;mso-line-height-alt:16.8px;color:#000;line-height:1.2"><p style="margin:0;mso-line-height-alt:16.8px">Hello,</p><p style="margin:0;mso-line-height-alt:16.8px">&nbsp;</p><p style="margin:0;mso-line-height-alt:16.8px">
We seek your interest in meeting the senior management of Symphony Limited.</p><p style="margin:0;mso-line-height-alt:16.8px">&nbsp;</p><p style="margin:0;mso-line-height-alt:16.8px"><strong>About Symphony Limited:</strong></p><p style="margin:0;mso-line-height-alt:16.8px">
Symphony Limited is he world leader in evaporative air coolers with a market capitalisation of ~ Rs.60,000 mn. It addresses every cooling need with a product range comprising household, commercial and industrial air coolers. As of FY23, company has 97+ designs, 20+ copyrights, 55+ patents 417+ trademarks in its name. It has sold 25+ mn air coolers worldwide. Company has 30,000+ dealers and 1,000+ distributors, having increased its presence from 500 towns to 5,000+ towns in last 8 years. It also has a presence in 60+ Countries.
</p><p style="margin:0;mso-line-height-alt:16.8px">&nbsp;</p><p style="margin:0;mso-line-height-alt:16.8px"><strong>Q2FY24 results:</strong></p><p style="margin:0;mso-line-height-alt:16.8px">- Consolidated revenue at Rs2.7bn grew 0.4% YoY; consolidated margins at 46.1% grew 130bps YoY.</p><p style="margin:0;mso-line-height-alt:16.8px">- Standalone revenue at Rs1.96bn declined 9% YoY; the domestic sales however remained flat despite erratic summer. Margins at 49.9% improved 300bps</p><p 
style="margin:0;mso-line-height-alt:16.8px">- The quarter saw Symphony launch a slew of new products and a favourable product mix. This coupled with softening in input costs and value engineering was a standout factor.&nbsp;</p><p style="margin:0;mso-line-height-alt:16.8px">- Consolidated/standalone PAT came in at Rs350mn / Rs500mn respectively.</p><p style="margin:0;mso-line-height-alt:16.8px">&nbsp;</p><p style="margin:0;mso-line-height-alt:16.8px"><strong>Why meet the management:</strong></p>
<p style="margin:0;mso-line-height-alt:16.8px">- Consumer preference towards the air cooler; market size and the opportunity</p><p style="margin:0;mso-line-height-alt:16.8px">- Symphony enjoys a Numero Uno position in the air cooler market; product pipeline and diversification</p><p style="margin:0;mso-line-height-alt:16.8px">- Global markets and opportunities; ability to penetrate into semi-urban & rural markets</p><p style="margin:0;mso-line-height-alt:16.8px">
- Sustainable margins; in-house vs. outsourcing business model</p><p style="margin:0;mso-line-height-alt:16.8px">&nbsp;</p><p style="margin:0;mso-line-height-alt:16.8px">Link to their latest earnings presentation: <a href="http://lnk.mnclgroup.com/vtrack?clientid=180810&ul=
CAcCBAYBHVNLS1QOVkAKc0sER1ROWVodEkRSDEAWW1YdHQ==&ml=AQxIAU8DUB8=&sl=ckh3TWZlHTB6bUkIXVhMXlYGWVJFV0IUT1NcCE4I&pp=0&fl=WEBAQUAMTkxEQFgUW1wMSlQMWFxDXVNKAl9eSkVIH1sOD0BWChEZQ0kJXAVdQ0xUCQQESwFTFnA2HGRcFQQFAwMaRFVV&ext="  style="text-decoration: underline; color: #0068A5;">https://symphonylimited.com/wp-content/uploads/2023/10/EP-Sep2023.pdf</a></p><p style="margin:0;mso-line-height-alt:16.8px">&nbsp;</p><p 
style="margin:0;mso-line-height-alt:16.8px">Let me know of your interest in a quick call with the management.</p><p style="margin:0;mso-line-height-alt:16.8px">&nbsp;</p><p style="margin:0;mso-line-height-alt:16.8px">&nbsp;</p><p style="margin:0;mso-line-height-alt:16.8px"><strong>Regards,<br>Himanshu Pareek</strong><br><a href="mailto:himanshu.pareek@mnclgroup.com" style="text-decoration: underline; color: #0068A5;"></a></p></div></div></td></tr></table></td></tr></tbody>
</table></td></tr></tbody></table></td></tr></tbody></table><br/><div><p style='font-size: 12px;line-height: normal;font-family: arial;text-align: center;' >--<br><a href="http://lnk.mnclgroup.com/vtrack?clientid=180810&ul=
CAcCBAYBHVNLS1QOVkAKc0sER1ROWVodEkRSDEAWW1YdHQ==&ml=AQxIAU8CWB8=&sl=ckhhTWZlHTB6bUkIXVhMXlYGWVJFV0IUT1NcCE4I&pp=0&fl=WEBAQQkZTg9ZUhsJXVAOVEoKQEUZW1gJTl1dBl5fQFcUEVdWAUo=&ext=cD1zbXVuc3ViJm1pZD0xOCZ1aWQ9W1VOSVFJRF0="  >Click Here</a> to unsubscribe from this newsletter.<br><br></div><img border="0" src="http://lnk.mnclgroup.com/vtrack?clientid=180810&ul=
CAcCBAYBHVNLS1QOVkAKc0sER1ROWVodEkRSDEAWW1YdHQ==&ml=AQxIAU8GHQ==&sl=ckh7TWZlHTB6bUkIXVhMXlYGWVJFV0IUT1NcCE4I&c=180810" ></body></html>

--b1_3af2a5df207b1c091287cc1ff5309d9a--