Symphony Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Amit Kumar

Chief executive officer

₹22.4m

Total compensation

CEO salary percentage	91.0%
CEO tenure	2.8yrs
CEO ownership	n/a
Management average tenure	2.7yrs
Board average tenure	7.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Amit Kumar's remuneration changed compared to Symphony's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	₹1b
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹22m	₹20m	₹1b
Dec 31 2022	n/a	n/a	₹2b
Sep 30 2022	n/a	n/a	₹1b
Jun 30 2022	n/a	n/a	₹1b
Mar 31 2022	₹24m	₹15m	₹1b

Compensation vs Market: Amit's total compensation ($USD268.08K) is below average for companies of similar size in the Indian market ($USD383.25K).

Compensation vs Earnings: Amit's compensation has been consistent with company performance over the past year.

CEO

Amit Kumar (44 yo)

2.8yrs

Tenure

₹22,377,000

Compensation

Mr. Amit Kumar serves as Group Chief Executive Officer and Executive Director at Symphony Limited since August 2, 2021. He is an Engineer from IIT Kanpur and MBA from IIM, Ahmedabad. He joined Dymphony Lim...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Achal Bakeri	Founder	31.4yrs	₹23.64m	45.34% ₹ 30.2b
Amit Kumar	Group CEO & Executive Director	2.8yrs	₹22.38m	no data
Girish Thakkar	VP of Finance & Accounts and CFO	2.6yrs	no data	no data
Mayur Barvadiya	Compliance Officer	7.8yrs	no data	no data
Nrupesh Shah	MD of Corporate Affairs & Executive Director	no data	₹10.36m	0.34% ₹ 228.3m
Harshal Upadhyay	President of Operations	1.8yrs	no data	no data
Biren Parikh	Chief Information Officer	less than a year	no data	no data
Milind Kotecha	Manager of Investor Relations and Treasury	no data	no data	no data
Rajesh Mishra	President of Sales & Marketing	no data	no data	no data
Nitendra Patel	Associate Vice President of HRD	no data	no data	no data
Jayesh Gupta	Senior Vice President of Sales	no data	no data	no data
Juan Bendeck	CEO & General Director of IMPCO S de R L De CV	no data	no data	no data

2.7yrs

Average Tenure

52yo

Average Age

Experienced Management: 517385's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Achal Bakeri	Founder	31.4yrs	₹23.64m	45.34% ₹ 30.2b
Amit Kumar	Group CEO & Executive Director	2.8yrs	₹22.38m	no data
Nrupesh Shah	MD of Corporate Affairs & Executive Director	21.6yrs	₹10.36m	0.34% ₹ 228.3m
Reena Bhagwati	Woman Independent Non Executive Director	5.3yrs	₹150.00k	no data
Santosh Nema	Independent Director	4.8yrs	₹200.00k	0.00073% ₹ 486.7k
Jonaki Bakeri	Non-Executive Director	9.8yrs	no data	0.00072% ₹ 480.0k
Naishadh Parikh	Lead Independent Director	8.8yrs	₹200.00k	no data
Ashish Deshpande	Independent Director	6yrs	₹200.00k	no data

7.4yrs

Average Tenure

58yo

Average Age

Experienced Board: 517385's board of directors are considered experienced (7.4 years average tenure).

Symphony Management

Management criteria checks 4/4

Key information

Recent management updates

Symphony Limited Announces Re-Designation of Nrupesh Shah from Executive Director to Managing Director - Corporate Affairs

Symphony Limited Announces Senior Management Changes

Symphony Limited, Annual General Meeting, Aug 04, 2023

Symphony Limited, Annual General Meeting, Aug 04, 2023

Insufficient new directors

Symphony Limited Appoints Achal Bakeri as Managing Director, Effective December 1, 2022

Recent updates

Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Symphony Limited Approves Recommended Final Dividend for the Financial Year 2023-24

Symphony Limited to Report Q4, 2024 Results on Apr 30, 2024

Consensus revenue estimates fall by 10%

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Symphony Limited Declares Third Interim Dividend for the Financial Year 2024, Payable on or Before February 25, 2024

Symphony Limited Announces Re-Designation of Nrupesh Shah from Executive Director to Managing Director - Corporate Affairs

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Symphony Limited to Report Q2, 2024 Results on Oct 26, 2023

Symphony Limited Announces Senior Management Changes

Symphony Limited Approves Final Dividend for the Financial Year 2022-23

Symphony Limited Declares First Interim Dividend for the Financial Year 2023-24, Payable on or Before August 25, 2023

Full year 2023 earnings: EPS and revenues miss analyst expectations

Upcoming dividend of ₹1.00 per share at 0.6% yield

Symphony Limited to Report Q4, 2024 Results on May 30, 2024

Symphony Limited, Annual General Meeting, Aug 04, 2023

Symphony Limited, Annual General Meeting, Aug 04, 2023

Consensus revenue estimates fall by 11%

Price target decreased by 11% to ₹1,032

Full year 2023 earnings: EPS and revenues miss analyst expectations

Symphony Limited Recommends Final Dividend for the Financial Year 2022-23

Symphony Limited Announces Launch of Air Cooler Range with BLDC Technology

Third quarter 2023 earnings released: EPS: ₹5.51 (vs ₹2.96 in 3Q 2022)

Symphony Limited (BSE:517385) announces an Equity Buyback for 1,000,000 shares, representing 1.43% for INR 2,000 million.

Symphony Limited to Report Q3, 2023 Results on Feb 08, 2023

Insufficient new directors

Consensus EPS estimates fall by 10%

Upcoming dividend of ₹2.00 per share

Second quarter 2023 earnings: EPS misses analyst expectations

Symphony Limited Declares Second Interim Dividend for the Financial Year 2022-23, Payable on or Before November 18, 2022

Symphony Limited to Report First Half, 2023 Results on Oct 20, 2022

Symphony Limited Appoints Achal Bakeri as Managing Director, Effective December 1, 2022

Upcoming dividend of ₹6.00 per share

Insufficient new directors

Symphony Limited, Annual General Meeting, Aug 29, 2022

Symphony Limited (BSE:517385) acquired Symphony AU Pty Limited for AUD 45.8 million.

First quarter 2023 earnings released: EPS: ₹4.21 (vs ₹0.87 in 1Q 2022)

Symphony Limited to Report Q1, 2023 Results on Jul 26, 2022

Symphony Limited Recommends Final Dividend for the Financial Year 2021-22

Full year 2022 earnings: EPS and revenues miss analyst expectations

Insider recently sold ₹780k worth of stock

Price target decreased to ₹1,201

Price target decreased to ₹1,201

Consensus EPS estimates fall by 10%

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Executive Director recently sold ₹121m worth of stock

Price target increased to ₹1,288

Second quarter 2022 earnings released: EPS ₹4.32 (vs ₹2.17 in 2Q 2021)

CFO and Senior VP of Finance & Accounts Bhadresh Mehta has left the company

Consensus EPS estimates fall to ₹21.91

Upcoming dividend of ₹4.00 per share

Full year 2021 earnings released: EPS ₹15.34 (vs ₹25.94 in FY 2020)

Senior Vice President of Sales recently sold ₹5.0m worth of stock

Insider recently sold ₹270k worth of stock

Full year 2021 earnings released: EPS ₹15.35 (vs ₹25.94 in FY 2020)

Symphony Limited Recommends Final Dividend for the Financial Year 2020-21

Price target increased to ₹1,044

New 90-day high: ₹1,122

Analysts lower EPS estimates to ₹13.50

Upcoming Dividend of ₹1.00 Per Share

Third quarter 2021 earnings released: EPS ₹3.91

Revenue and earnings miss expectations

Symphony Limited to Report Q3, 2021 Results on Jan 22, 2021

New 90-day high: ₹986

Revenue and earnings miss expectations

Second quarter 2021 earnings released: EPS ₹2.17

New 90-day low: ₹824

Symphony Limited to Report Q2, 2021 Results on Nov 10, 2020

Symphony Limited Introduces Universal Packaged Air Coolers