Symphony Limited — Earnings Release 2026

Jan 28, 2026

January 28, 2026

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To, National Stock Exchange of India Limited Symbol – Symphony

To, BSE Limited Security Code – 517385

Sub.: Media Release

Dear Sir / Madam,

This is in reference to the above captioned subject line and in continuation with our today’s announcement, we are enclosing herewith media release.

Kindly consider this in due Compliance of Regulation 30 and other applicable provisions, if any of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kindly take note of the same and oblige.

Thanking you,

Yours Truly, For, Symphony Limited

Mayur Digitally signed by Mayur Chimanbhai Chimanbha Barvadiya Date: 2026.01.28 i Barvadiya 17:57:45 +05'30'

Mayur Barvadiya Company Secretary and Head - Legal

Encl: as above

Registered Office: Symphony Limited, Symphony House, Third Floor, FP-12, TP-50, Off S.G. Highway, Bodakdev, Ahmedabad - 380 059, India T: +91-79-66211111, F: +91-79-66211139-40 l Email – companysecretary@symphonylimited.com I www.symphonylimited.com CIN - L32201GJ1988PLC010331

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Media Release

Financial Highlights: (₹ Crore)

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Standalone Consolidated (Continuing + Discontinued)
Particulars Dec’24 Dec’25 YoY Dec’24 Dec’25 YoY
Qtr. Qtr. (▲/▼) Qtr. Qtr. (▲/▼)
Revenue from Operations 182 182 --- 242 233 (-4%)
EBITDA 34 31 (-9%) 35 24 (-31%)
EBITDA Margin (%) 18.8% 17.2% (-1.6%) 14.6% 10.5% (-4.1%)
PAT (-4) 34 --- (-10) 20 ---
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Standalone Consolidated (Continuing + Discontinued)
Particulars YoY YoY
9M FY25 9M FY26 9M FY25 9M FY26
(▲/▼) (▲/▼)
Revenue from Operations 814 566 (-30%) 1,088 793 (-27%)
EBITDA 188 81 (-57%) 211 76 (-64%)
EBITDA Margin (%) 23.1% 14.4% (-8.7%) 19.4% 9.5% (-9.9%)
PAT 132 99 (-25%) 134 81 (-39%)
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The Board of Directors of the Company in its today’s meeting has approved a third interim dividend of ₹2 per share (Face Value: ₹2/-) for the financial year 2025-26, taking the year-to-date dividend payout to ₹27.5 crore.

January 28, 2026: Mr. Nrupesh Shah, Managing Director (Corporate Affairs), Symphony Limited has commented:

• Symphony Limited today reported its financial results for the quarter ending December 2025. The Company reported stable year-on-year revenue for the quarter.

• Symphony trade inventory levels have largely normalized.

• EBITDA margin softness in the quarter was primarily driven by elevated advertisement and sales promotions expenses in the water heater category.

• In the December-2025 quarter, the Company achieved an additional recovery of ₹4 crore from Pathways, bringing the total year-to-date recovery of ₹8.5 crore. This recovery is against ₹50.2 crore written off during FY 2024-25.

Update on IB Transaction: Climate Holdings, Australia and IMPCO, Mexico

• The IB-led divestment process for Climate Holdings Australia and IMPCO Mexico was initiated following Board approval in April 2025, with comprehensive global outreach and management engagements now completed.

• While there was strong interest from potential buyers, none of the proposals received met Symphony’s valuation expectations or broader strategic objectives.

• On account of evolving geopolitical situation, the Company is of the view that maintaining a direct presence in Mexico, the USA – Australia remains strategically important.

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• As a result, the divestment process has been rolled back. The Company will appropriately address the financial investment (equity and intangible assets) in Climate Holdings Australia and its subsidiaries in its books by the end of the current financial year.

Strategic Outlook and Way Forward

• Symphony remains steadfast in innovating across all product tiers to meet the needs of consumers, ranging from rural areas to premium market segments.

• The Company is enhancing its penetration in rural and semi-urban markets to capture demand that has previously gone unserved.

• The Company’s omnichannel acceleration — powered by digital platforms and alternative channels, is enhancing accessibility and driving sustained growth.

• To ensure year-round business resilience beyond seasonal fluctuations, we are building a robust Round-The-Year (RTY) ecosystem. This includes accelerating growth in large space venti cooling, tower and kitchen cooling fans, water heaters, export — creating consistent demand throughout the year.

• Symphony will continue to prioritize high-margin growth markets, both domestically and internationally, focusing on regions with strong growth potential and superior margin profiles. Our export-led expansion strategy is broadening our presence in key global markets, mitigating seasonality, and diversifying revenue streams

ABOUT SYMPONY LIMITED:

Symphony Limited, an Indian Multi-National Company with presence in over 60 countries is the world’s leading air cooler company. From inventions to innovations, energy responsibility to environment stewardship, Symphony is a market leader which has been providing comfort cooling to its customers for generations. The massive supremacy of Symphony coolers in the residential, industrial and commercial segments has made the brand synonymous with ‘air-cooling’.

Founded in 1988, in Gujarat, India, Symphony Limited established a new category of evaporative air-cooling in India, taking it to the globe. As a disruptor of a highly unorganized sector, the company has set high benchmarks by defining the golden standard of air cooling. At Symphony, research and development and engineering technology provide sustainable competitive advantages. The company delivers market-leading products that comprise of design innovation, energy efficiency, distinctive styling, and customer-centricity.

As a pioneer in the air-cooling industry, Symphony develops breakthrough technologies to combat climate change. It provides solutions for affordable cooling and comfortable environments for maximum efficiency, productivity, and well-being.

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