Symphony Limited has announced its financial performance for FY 2025-26, reporting a consolidated revenue of ₹1,131 crore. Amid softer revenue performance, the company has initiated a strategic Australia balance sheet reset, including significant impairments to align with current market realities. Additionally, the Board has proposed a final dividend of ₹5 per share and approved the acquisition of intellectual property rights and full equity in its U.S.-based Bonaire USA LLC.
Financial Performance Overview
For the fiscal year ending March 2026, Symphony Limited reported a consolidated revenue from operations of ₹1,131 crore, reflecting a 28% year-on-year decrease. Consolidated EBITDA stood at ₹128 crore with a margin of 11.3%, while Profit Before Tax (PBT) reached ₹149 crore. The company noted that the results were impacted by a high base in the previous year and operating deleverage during the January-March 2026 quarter.
Strategic Australia Balance Sheet Reset
In a major structural move, Symphony has approved a strategic reset of its Australian business. This initiative includes taking impairments of approximately ₹298 crore on a standalone basis and ₹259 crore on a consolidated basis. The reset aims to address prolonged challenges in the Australian housing and construction sector and regulatory changes affecting legacy products, ultimately creating a cleaner base for future financial evaluation.
Expansion and Acquisition Strategy
The company is strengthening its U.S. presence by acquiring intellectual property rights held by CTPL for approximately ₹23 crore and purchasing 100% equity in Bonaire USA LLC for approximately ₹30 crore. These moves aim to bring key brands and designs under the direct ownership of the listed parent entity, improving operational clarity and enhancing control over core intangible assets.
Operational Highlights and Dividend
Despite domestic demand pressures during the March 2026 quarter, the company highlighted that Beyond India Summer Portfolio (BISP) products contributed 49% of consolidated revenue for the fiscal year. To reward shareholders, the Board of Directors has proposed a final dividend of ₹5 per share, bringing the total year-to-date dividend payout to approximately ₹62 crore.
Source: BSE
