* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)
Philips India Private Ltd, a subsidiary of Koninklijke NV (Royal Philips), is the leading healthcare technology company focused on improving people’s health through its wide range of products and services. KNVP holds 96.13% stakes in Philips India Private Limited, while the minority shareholders hold its remaining shares. The financial performance of Philips India remained consistently well in the last few years. If you want to buy Philips unlisted shares, this page will give you essential details like Philips share price, the company’s performance, etc.
In 2016, Philips decided to demerge its lighting business. As a result, Philips India retained its consumer healthcare and lifestyle businesses. Currently, Philips India operates as a subsidiary of Royal Philips. It offers a wide range of healthcare products and solutions, which include patient monitoring systems, diagnostic imaging systems, and healthcare informatics solutions.
In the consumer lifestyle segment, Philips India offers a wide range of personal care products, sound & vision, etc. Established in 1930, Philips India caters to the customers’ different needs via its various business segments. The company’s business model is profitable and positively impacts Philips share price in the unlisted share market. It created a strong presence in different parts of the country and established an extensive sales network and services centre.
Philips India Pvt Ltd has different business verticals in which it provides various products and solutions. Started with a commitment to make a positive impact on the lives of people, Philips today has millions of active customers in India.
As per data shared by the company in the annual report of FY 21-22, Philips India has three wholly-owned subsidiaries: Philips Domestic Appliances India Ltd, Preethi Kitchen Appliances Private Limited, and Philips Homecare Services India Private Ltd.
However, the Domestic Appliances India business demerged from Philips India Private Limited on 01/07/21.
For each Philips stock price, a share of Philips domestic was given to the investors. Apart from the above subsidiaries, Philips India has a joint venture company, Healthmap Diagnostics Private Limited, holding 35% of the total shares. The company performs well in the healthcare and lifestyle segment, reflecting on Philips share price. Today, Philips stock price is available at Rs 980 per equity share.
The financial performance of Philips India depicts the business growth and loss it faced in the last few years. In FY 21-22, Philips recorded an overall revenue growth of 60%, driven by favourable market conditions and high demand for its products and solutions. However, the company’s profit declined by 11.9% this year while capital expenditure increased from Rs 1,429 crore to Rs 1,701 crore.
According to the sources, the major reason behind the decline in profit was constraints on the supply chain and economic downturn. As a result, Philips share price in the unlisted share market also fluctuated, dropping from Rs 1165 to Rs 980 per equity share in the last fiscal year. However, the current performance of Philips India is positive as its sales increased from INR 54,290 Mn to INR 56,682 Mn.
For the year 2022-23, Philips India has reached the sales mark of Rs. 56,682 million. Also, the company has declared Rs. 12,769 million as the interim dividend out of its reserves. However, there is a decline in its profitability by 11.9% when compared to the previous financial year.
This downfall is a cause of supply chain constraints and economic downturn. Despite the decrease in profit, Philip India scaled up its finances with high sales.
Philips India retained earnings booked at Rs. 10,432 million, which also reduced from last year’s 2021-22 estimation. Also, revenue earned through the Personal Health segment fell in FY23 to Rs 774.6 crore; previously, it was Rs 898.5 crore in FY22.
| Particulars | 2022-23 |
| Total Income (₹ Crores) | 5,806 |
| PAT (₹ Crores) | 260 |
| Diluted EPS | 45.21 |
| Book Value per Share (₹) | 214.6 |
| Equity (₹ Crores) | 1,234 |
Moving to the Philips India unlisted share price trends, it reached Rs. 1025 in February 2023, which followed a decline phase and fell to Rs. 931 per share.
Following the trend, Philips India Ltd booked high sales that might turn the financials for next year’s projection. Philips India operates in multiple verticals, Personal Health, Health Systems and Innovation Services, to expand its revenue growth. So, the overall financial growth of Philips India Ltd witnessed a slight decline in other finance metrics except sales.
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