Philips India Limited
+1.59 % 1 MAbout Philips India Limited
A Comprehensive Overview of Price & Journey
Understanding Philips India Limited Inception and Growth
Overview
Philips India Limited is a manufacturer of consumer electronics in India and offers product such as lamps, TVs, CD players, digital radios, personal care items, household appliances, lighting solutions, loudspeakers, audio systems, car lights, and accessories. PIL also plays a vital role in global innovation for its parent company, Philips, through its technology development center.
The Company has manufacturing facilities in Pune, Maharashtra, and a Software Development center in Bangalore. The company sells its products primarily in India through independent distributors and modern trade. Philips started its operations in India at Kolkata (Calcutta) in 1930. It was established as Philips Electrical Company (India) Pvt Ltd.
Products and Services
Health Systems
Medical Electronics Equipment: Advanced medical imaging systems such as MRI machines, CT scanners, X-ray machines, ultrasound machines, patient monitoring systems, and medical informatics solutions are provided by the company.
Customer Services: Comprehensive support services, including maintenance, repair, training, and consulting, are also provided to ensure the optimal performance and uptime of medical equipment.
Innovation Services: This involves the creation of software solutions embedded within various electronic devices and systems. Examples are software for healthcare devices, consumer electronics, automotive systems, industrial machinery, and more.
While Philips India Limited continues to do well in the local market, many investors are interested in the Philips share price and how it’s performing. However, investors often check the Philips share price NSE for the latest updates.
Personal Care
Health and Wellness Products: A Wide range of consumer health monitoring devices, such as blood pressure monitors, thermometers, activity trackers, and smart scales, are provided by the company.
Personal Care Products: Products such as electric shavers, hair trimmers, hair dryers, hair straighteners, epilators, and oral care products like electric toothbrushes and water flossers are provided by the company.
Board of Directors
S. M. Datta – Chairman and Non-Executive Independent Director
Daniel Mazon, Vice – Chairman and Managing Director
Pooja Bedi – Whole-Time Director and Company Secretary
Sudeep Agrawal – Whole-Time Director and Chief Financial Officer
Geetu Gidwani Verma – Non-Executive Independent Director
IPO details
As of now, the company has not planned for relisting its equity shares on the stock exchanges in India. Hence, Philips share price is not influenced by any IPO activity.
Dividend details
The Directors had provided payment of Rs. 222/- per share as Interim dividend on the fully paid equity shares during the year ended 31 March 2023.
Listing Status
The equity shares of Philips India Limited were delisted from the stock exchanges in India. However, post-delisting, Philips shares are not traded on any stock exchange in India. Nevertheless, for those searching for historical data or other information, looking up the Philips share price NSE could still provide some information on the market trend of the company.
Registered Office
The Registered office of the company is in Kolkata, West Bengal, India.
Subsidiaries
During the year, the Company does not have any Subsidiary Company.
Peers
Poly Medicure Limited
Schneider Electric Infrastructure
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Overview
Philips India Limited is a manufacturer of consumer electronics in India and offers product such as lamps, TVs, CD players, digital radios, personal care items, household appliances, lighting solutions, loudspeakers, audio systems, car lights, and accessories. PIL also plays a vital role in global innovation for its parent company, Philips, through its technology development center.
The Company has manufacturing facilities in Pune, Maharashtra, and a Software Development center in Bangalore. The company sells its products primarily in India through independent distributors and modern trade. Philips started its operations in India at Kolkata (Calcutta) in 1930. It was established as Philips Electrical Company (India) Pvt Ltd.
Products and Services
Health Systems
Medical Electronics Equipment: Advanced medical imaging systems such as MRI machines, CT scanners, X-ray machines, ultrasound machines, patient monitoring systems, and medical informatics solutions are provided by the company.
Customer Services: Comprehensive support services, including maintenance, repair, training, and consulting, are also provided to ensure the optimal performance and uptime of medical equipment.
Innovation Services: This involves the creation of software solutions embedded within various electronic devices and systems. Examples are software for healthcare devices, consumer electronics, automotive systems, industrial machinery, and more.
While Philips India Limited continues to do well in the local market, many investors are interested in the Philips share price and how it’s performing. However, investors often check the Philips share price NSE for the latest updates.
Personal Care
Health and Wellness Products: A Wide range of consumer health monitoring devices, such as blood pressure monitors, thermometers, activity trackers, and smart scales, are provided by the company.
Personal Care Products: Products such as electric shavers, hair trimmers, hair dryers, hair straighteners, epilators, and oral care products like electric toothbrushes and water flossers are provided by the company.
Board of Directors
S. M. Datta – Chairman and Non-Executive Independent Director
Daniel Mazon, Vice – Chairman and Managing Director
Pooja Bedi – Whole-Time Director and Company Secretary
Sudeep Agrawal – Whole-Time Director and Chief Financial Officer
Geetu Gidwani Verma – Non-Executive Independent Director
IPO details
As of now, the company has not planned for relisting its equity shares on the stock exchanges in India. Hence, Philips share price is not influenced by any IPO activity.
Dividend details
The Directors had provided payment of Rs. 222/- per share as Interim dividend on the fully paid equity shares during the year ended 31 March 2023.
Listing Status
The equity shares of Philips India Limited were delisted from the stock exchanges in India. However, post-delisting, Philips shares are not traded on any stock exchange in India. Nevertheless, for those searching for historical data or other information, looking up the Philips share price NSE could still provide some information on the market trend of the company.
Registered Office
The Registered office of the company is in Kolkata, West Bengal, India.
Subsidiaries
During the year, the Company does not have any Subsidiary Company.
Peers
Poly Medicure Limited
Schneider Electric Infrastructure
About Philips India Limited
IPO Details, Price movement
Performance Highlights for the FY 2023-24
Revenue from operation increased by 4.6% from INR 5734 crore in FY23 to INR 6000 crore in FY24.
Total Revenue decreased by 4.4% from INR 5806 crore in FY23 to INR 6061.3 crore in FY24.
Profit Before Tax increased by 1.9% from INR 320.8 crore in FY23 to INR 326.9 crore in FY24.
The Company’s Profit After Tax declined by 1% from INR 260 crore in FY23 to INR 257.5 crore in FY24.
Cash flow from Operating activities was INR 341 crore in FY23 and was INR 736 crore in FY24.
Net cash used in investing activities was INR 53 crore in FY23 and it was INR 583 crore in FY24.
Net cash used in Financing activities was INR 1393 crore in FY23 and was INR 92 crore in FY24.
Fundamentals
Financials
All values are INR Cr except per share value
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 5481.40 | 5734.00 | 6000.40 |
| Other Income | 64.80 | 71.90 | 60.90 |
| COGS | 390.40 | 463.00 | 407.40 |
| Gross Profit | 5155.80 | 5342.90 | 5653.90 |
| Total Expense | 4756.80 | 4867.20 | 5145.60 |
| D&A | 138.40 | 128.50 | 142.60 |
| EBIT | 260.60 | 347.20 | 365.70 |
| Interest Expense | 27.20 | 26.40 | 38.80 |
| PBT | 357.30 | 320.80 | 326.90 |
| TAX | 91.80 | 60.80 | 69.40 |
| PAT | 265.50 | 260.00 | 257.50 |
| Diluted EPS | 46.23 | 45.21 | 44.78 |
| Basic EPS | 46.23 | 45.21 | 44.78 |
| Total income | 5,546.20 | 5,805.90 | 6,061.30 |
ASSETS
| CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash and Cash Equivalents | 1315.90 | 211.80 | 272.80 |
| Trade Payables | 750.10 | 740.10 | 917.10 |
| Inventory | 686.61 | 718.40 | 824.00 |
| Other Current Assets | 457.80 | 490.00 | 340.00 |
| Total Current Assets | 3,210.41 | 2,160.30 | 2,353.90 |
| NON CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Plant Property and Equipment | 371.00 | 368.40 | 830.30 |
| Long Term Investment | 136.60 | 133.40 | 137.70 |
| Other Non Current Assets | 627.40 | 578.00 | 593.80 |
| Total Non Current Assets | 1,135.00 | 1,079.80 | 1,561.80 |
| Total Assets | 4,345.41 | 3,240.10 | 3,915.70 |
|---|
| CURRENT LIABILITES | 2022 | 2023 | 2024 |
|---|---|---|---|
| TRADW Payable | 747.10 | 717.90 | 720.50 |
| Other Current Liab | 832.80 | 822.20 | 847.00 |
| NON CURRENTLIABILITIES | 2022 | 2023 | 2024 |
|---|---|---|---|
| Other Non Current Liab | 487.50 | 465.70 | 858.60 |
LIABILITIES
| EQUITY | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 57.50 | 57.50 | 57.50 |
| Other Equity | 2220.00 | 1176.80 | 1432.10 |
| Total Equity | 2,277.50 | 1,234.30 | 1,489.60 |
| Total Liabilities & Equity | 2,277.50 | 1,234.30 | 1,489.60 |
|---|
| CASH FLOW STAT | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Cash Flow from operating | - | 131.70 | 341.30 | 735.50 |
| Cash Flow from financing | - | -115.30 | -1392.50 | -91.70 |
| Cash Flow from investing | - | 368.20 | -52.90 | -582.90 |
| Net cash flow | 0.00 | 384.60 | -1,104.10 | 60.90 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2026
| Name | Designation | Share % |
|---|---|---|
| Koninklijke Philips N. V (KPNV) | NA | 96.13% |
| Others | NA | 3.87% |
Events
| Name | Date | Details |
|---|---|---|
| No events available. | ||
Frequently Asked Questions
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unli sted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.