Philips India Unlisted Share
Philips India Ltd
INE319A01016
Listing Status: Delisted
Was listed at BSE
About Philips India Unlisted Share
Overview of Philips India Unlisted Share
Philips India Limited is a leading manufacturer of consumer electronics in India, offering products 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.
Additionally, PIL is active in the personal care and medical equipment sectors.
Strategic demergers of its domestic appliances and lighting businesses in 2022 and 2016, respectively, have aligned with Philips' global strategy, enabling PIL to concentrate on its core strengths and support the broader goals of Philips. Want to learn more about Philips? Read our in-depth blog about Philips India.
Company Name | PHILIPS INDIA LIMITED |
Company Type | Unlisted Public Company |
Industry | Manufacturing (Personal Care & Medical Equipment) |
Incorporation Year | 1930 |
Registered Address | Kolkata, West Bengal, India |
Product Portfolio
Health Systems
- Medical Electronics Equipment: This includes advanced medical imaging systems such as MRI machines, CT scanners, X-ray machines, ultrasound machines, patient monitoring systems, and medical informatics solutions.
- Customer Services: Comprehensive support services including maintenance, repair, training, and consulting 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 include software for healthcare devices, consumer electronics, automotive systems, industrial machinery, and more.
Personal Care
- Health and Wellness Products: This includes a wide range of consumer health monitoring devices such as blood pressure monitors, thermometers, activity trackers, and smart scales. It may also encompass products like air purifiers and humidifiers designed to enhance indoor air quality and overall well-being.
- Personal Care Products: This encompasses grooming and personal hygiene products such as electric shavers, hair trimmers, hair dryers, hair straighteners, epilators, and oral care products like electric toothbrushes and water flossers.
This diverse product portfolio enables the company to cater to the needs of both healthcare professionals and consumers, offering innovative solutions for medical diagnostics and treatment as well as enhancing personal health and everyday living experiences.
Key Strenghts
- Healthcare Market Leadership: PIL dominates premium medical equipment market in India with advanced technology.
- Innovation Services Growth: PIL's innovation services revenue surged 25% in 2023, catering to global needs.
- Personal Care Expansion: Excluding demerged segments, PIL's personal care division grew 12% in 2023, with more growth expected.
- Maintained Market Position: PIL poised to retain market position through new launches and healthcare focus post-demerger.
- Healthy Financial Profile: Strong cash accruals, net worth over Rs 1,200 crore, and robust debt protection metrics.
- Parent Company Support: PIL benefits from strategic and technical support from KPNV, aligning with global plans.
Key Weaknesses
- Modest Healthcare Profitability: Operating margins expected around 4-5%, despite significant revenue.
- Competitive Landscape: PIL faces competition from GE and Siemens but maintains edge through brand and distribution.
Board Members
Insights of Philips India Unlisted Share
Financial Highlights
₹ in crore
Particulars | FY 2023 | FY 2022 | FY 2021 |
Net Revenue | 5734 | 5481 | 4843 |
EBITDA | 404 | 334 | 372 |
Profit After Tax (PAT) | 260 | 266 | 176 |
Earning Per Share (EPS) | 45.21 | 46.23 | 30.61 |
2 Years Revenue CAGR: 8.8% | 2 Years PAT CAGR: 21%
Revenue Breakup
SEGMENT | SALES 2022-23 |
---|---|
Health Systems | 26,493 |
Innovation Services | 21,729 |
Personal Health | 7,746 |
Others | 714 |
Total | 56,682 |
Dividend
During the year ended 31 March 2023, Philips India Limited has declared an interim dividend of Rs. 222 per share on the fully paid equity shares.
Delisting and Investment Opportunities
Following a takeover by Philips Electronics NV in 2004, the equity shares of Philips India Limited were delisted from the stock exchanges in India. Despite this delisting, certain retail shareholders still retain equity shares in the company. However, post-delisting, these shares are not traded on any stock exchange in India.
Re-Listing/ IPO Plans
As of now, there are no plans from the company’s side for relisting its equity shares on the stock exchanges in India.
Overview of Indian Medical Electronics Industry
The Indian Medical Electronics industry, valued at around USD 1 billion and growing steadily at an average rate of 17% in recent years, is poised for substantial expansion, with forecasts predicting a surge to nearly USD 6.5 billion by 2020. This growth trajectory is propelled by various factors, including demographic shifts, rising disposable income, and favorable regulatory environments. Medical Electronics encompass a wide range of healthcare products requiring external energy sources, such as personal medical devices, monitoring systems, and implants. While challenges such as infrastructure development and regulatory advancements persist, market drivers like growing population, increased awareness, and government initiatives are expected to fuel continued growth. Projections indicate a market size of approximately USD 5 billion by 2020, with potential for even greater expansion beyond current estimates.
Recent Developments
Philips Unveils New Innovation Campus in Bengaluru, India, to Accommodate 5,000 Engineers
(November 2023) CEO Roy Jakobs inaugurated a new innovation campus in Bengaluru, India, capable of accommodating 5,000 engineers. He emphasized the potential of Generative AI in addressing customer needs, particularly in healthcare, where the focus lies on serving more patients efficiently. With over 9,000 employees in India, 5,000 of whom will be based in Bengaluru working on innovative health technologies, Philips aims to accelerate access to care and develop solutions locally for global markets. The company’s investment in Pune’s healthcare innovation center and plans for further expansions underscore its commitment to innovation in India. Philips views India as a significant hub for innovation, reflecting its longstanding presence in the country dating back 92 years.
Powering Wellness with Star Ambassadors
Philips shines with a star-studded cast of brand ambassadors, including Alia Bhatt, Varun Dhawan, Virat Kohli and Arjun Kapoor. Each embodies the brand’s values of excellence, innovation, and holistic well-being. With their influence and resonance, they amplify Philips’ mission to empower individuals to lead healthier, happier lives through cutting-edge technology and lifestyle solutions.
Peer Comparison
₹ in crores (FY 23)
Particulars | Philips India Limited | Poly Medicure Limited | Schneider Electric Infrastructure |
Net Revenue | 5734 | 1153 | 1804 |
EBITDA | 404 | 267 | 168 |
Profit After Tax | 260 | 179 | 124 |
Market Capital | 5320 | 16142 | 19343 |
Share Price (as on 15.05.2024) | 930 | 1682 | 809 |
P/E | 20.46 | 89.99 | 156.47 |
P/S | 0.93 | 14 | 10.72 |
Financial Charts of Philips India Unlisted Share
Balance Sheet of Philips India Unlisted Share
Profit and Loss of Philips India Unlisted Share
Ancillary of Philips India Unlisted Share
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Philips India Unlisted Share
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How to buy Philips India Ltd?
Below are three ways through which you can purchase Philips India Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Philips India Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Philips India Ltd?
Below are three ways through which you can sell Philips India Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Philips India Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Philips India Ltd?
We provide a two way quote on all the shares we deal in. Your buy price for Philips India Ltd is ₹955 and your sell price for Philips India Ltd is ₹850. The price is based on our estimates and market conditions.
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What is the lock-in period of Philips India Ltd?
The lock-in period for Philips India Ltd varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Philips India Ltd
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Philips India Ltd
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Philips India Ltd price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Philips India Ltd. The price is also determined from the most recent funding round for Philips India Ltd. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Philips India Ltd?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Philips India Ltd with us kindly click here.
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What are the financials of Philips India Ltd?
The financials of Philips India Ltd which includes the P/L of Philips India Ltd and the Balance Sheet of Philips India Ltd is in the financials section (Click on link).
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Where can I find the annual report of Philips India Ltd?
The annual report of Philips India Ltd is available in the annual report section (Click on link).
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Is buying Philips India Ltd legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Philips India Ltd?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Philips India Ltd and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Philips India Ltd once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Philips India Ltd?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Philips India Ltd from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
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73A, GC Avenue, Kolkata -13Corporate Address
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