We recently added Symphony to our model portfolio . Here is my complete analysis and reasoning for adding it to model portfolio
Symphony Limited manufactures and sells consumer durable products in India. It’s name synonymous to Air coolers in India.
Business
Symphony Limited manufactures and sells consumer durable products in India. The company provides domestic, commercial, and industrial air coolers across various models under the Symphony name. It offers desert, tower, room, and personal coolers for residences, shops, showrooms and offices; heavy duty industrial air coolers for factories, offices, schools, malls, assembly halls, warehouses, and metro stations. The company also provides storage and instant water heaters under the Sauna name. Symphony develops its own models, designs and prototypes of air coolers before giving it to OEM’s for large scale manufacturing. In addition, Symphony Limited holds intellectual property comprising 8 patents, 49 designs, 108 trademarks, and 7 copyrights. The company also exports its products to approximately 60 countries. It offers its products through a network of approximately 750 distributors and approximately 15,000 dealers across India.
Positives
– Well positioned to encash the growth
– Leading player in the air coolers market
– Huge product portfolio with innovative products
– Strong dealer … Read the rest