Last updated on July 4, 2024
Philips India Unlisted Share Description – Philips India, a publicly traded company, is a subsidiary of Koninklijke Philips N.V. (Royal Philips). Royal Philips business is focused on diagnostic imaging, ultrasound, image-guided therapy, monitoring, enterprise informatics, and personal health. In 2022, it disclosed sales of EUR 17.8 billion and had about 71,500 staff, serving customers in over 100 countries.
In July 2021, Philips India discontinued its kitchen appliances, which include juicers, blenders, food processors, air fryers, home care containing vacuum cleaners, air purifiers, garment care involving irons and steam generators, and coffee makers among others. These entities and Preethi Kitchen Appliances Private Limited (a wholly owned subsidiary) were spun off into a distinct subsidiary called Philips Domestic Appliances India Limited.
Philips India operates with three key business divisions: Healthcare Systems, Future of Personal Health, and Invention Services. The company’s R&D and manufacturing center is situated in Pune, Maharashtra while other production locations are in Baddi, Himachal Pradesh facilities, and a co-manufacturing facility in Silvassa Union Territory.
The company also inaugurated an innovation campus in Yelahanka, Bengaluru in November 2023. The 650,000 sq. ft. facility aims to house over 5,000 professionals focusing on innovative health technologies.
The health systems division stands out as the primary revenue driver for the company, accounting for approximately 47% of total sales during the fiscal year 2023. Philips markets medical equipment and healthcare machinery to hospitals and clinics through this division. Philips India boasts a robust presence nationwide, with a widespread network of sales and service centers.
Table of Contents
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Philips India Business Verticals
- Health Care Products and solutions
- Personal Care Products
- Mother and Child Care Products
- TV, Monitors, and Video
- Audio
- Communication
Key Highlights
- In fiscal year 2023, the company experienced a 2.2% decrease in earnings, with Profit After Tax amounting to INR 260 crore, compared to INR 265.9 crore in the preceding fiscal year.
- As of fiscal year 2023, capital expenditure surged to INR 170.1 crore, up from INR 142.9 crore in FY 2022. The increased spending was allocated to HIC, PIC expansion, and IT equipment, among other initiatives. The primary factors contributing to the decline were the broader economic downturn and constraints on the company’s supply chain.
- Despite facing challenges, Philips India saw a modest uptick in sales revenue, marking a 4.4% increase from INR 5,429 crore to INR 5,668.2 crore. This growth was primarily fueled by a robust order intake from its clientele.
- The company’s retained earnings witnessed a decline of INR 1,043.2 crore compared to the previous financial year 2021-22, resulting in a reduction of retained earnings from INR 2,220 crore to the current value.
- During the year ended 31 March 2023, the company’s directors announced an interim dividend of INR 222 per share on fully paid equity shares. As of the fiscal year 2023, Philips India disbursed INR 1,276.9 crore as an interim dividend from its reserves.
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Philips India Business Performance FY 2022-2023
Philips India Board of Directors
- Mr SM Datta, Chairman and Independent Director
- Ms Geetu Verma Gidwani, Independent Director
- Mr Daniel Mazon, Managing Director
- Mr Sudeep Agrawal, Whole-time Director and CFO
- Ms Pooja Bedi, Whole-time Director, and CS
Philips India Unlisted Share Details
| Name | Philips India Unlisted Share Details |
| Face Value | INR 10 per share |
| ISIN Code | INE319A01016 |
| Lot Size | 50 shares |
| Demat Status | NSDL, CDSL |
| Philips India Unlisted Share Price | INR 950 per share |
| Market Cap | INR 5,464 crore |
| Total Number of Shares | 57,517,242 shares |
| Website | www.philips.co.in |
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Philips India Unlisted Share Details – Shareholding Pattern
Details of shareholders holding shares of the company as of 31 March 2023:
| Shareholder Name | % to Holding | No. of shares |
| Koninklijke Philips N.V. (KPNV) | 96.13 | 55,290,182 |
| Others | 3.87 | 2,227,060 |
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Philips India Unlisted Share Details – Financial Metrics
| Particulars | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 4,842.7 | 5,481.4 | 5,734.0 |
| Revenue Growth (%) | 6.8 | 13.2 | 4.6 |
| Expenses | 4,630.4 | 5,312.9 | 5,485.1 |
| Net income | 176.0 | 265.9 | 260.0 |
| Margin (%) | 3.6 | 4.9 | 4.5 |
| ROCE (%) | 9.5 | 8.9 | 24.0 |
| ROE (%) | 7.8 | 11.6 | 14.8 |
| EPS | 30.6 | 46.2 | 45.2 |
| Dividend (per share) | 3.0 | 3.0 | 222.0 |
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Philips India Unlisted Share Peer Comparison
| Company | 3-yr Sales CAGR (%) | PE Ratio | ROCE (%) | Net Margin (%) | MCap (INR crore) |
| Philips India | 8.14 | 21.02 | 24.0 | 4.53 | 5,464 |
| Gillette India | 13.84 | 61.0 | 52.0 | 14.37 | 23,646 |
| Havells India | 21.14 | 94.1 | 24.4 | 6.84 | 1,18,901 |
| Dixon Technologies (India) | 39.99 | 207.0 | 28.7 | 2.12 | 76,305 |
Philips India Annual Reports
Philips India Annual Report FY 2022 – 2023
Philips India Annual Report FY 2021 – 2022
Philips India Annual Report FY 2020 – 2021
Philips India Unlisted Share FAQs
Is it safe to purchase unlisted shares in India?
While there are risks associated with unlisted shares, purchases made from credible brokers and after conducting due diligence considerably lower these risks.
What is Philips India unlisted share price?
Philips India unlisted stock price in July 2024 is INR 950 per share. Shares are purchased in lots of 50 shares.
Who determines Philips India unlisted share price?
The unlisted share price is determined by a variety of factors including recent transaction price, supply and demand, valuation in the latest funding round, profitability, and return ratios.
