Philips India Limited

Leading manufacturer of diagnostic imaging equipment and integrated healthcare solutions.

1930 | 24 Parganas, West Bengal (India) | Active
Last Updated: October 23, 2024

Philips India Profile

Key Indicators

  • Authorised Capital ₹ 112.00 Cr
  • Paid Up Capital ₹ 57.52 Cr
  • Company Age 95 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.00 Cr
  • Satisfied Charges ₹ 303.65 Cr
  • Revenue Growth 4.68%
  • Profit Growth -2.22%
  • Ebitda 20.86%
  • Net Worth -45.80%
  • Total Assets -24.74%

About Philips India

Philips India Limited (PIL) was founded in India on 31 January 1930 and has a glorious history of 95 years . Its registered office is in 24 Parganas, West Bengal, India.

The Corporate was formerly known as Philips Electronics India Limited. The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 112.00 Cr and a paid-up capital of Rs 57.52 Cr.

The company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹303.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Philips India Limited India are Dev Tripathy as CFO and Swati Batra as Company Secretary. Geetu Verma, Bharath Sesha, Angarai Ratnam, and Two other members serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31902WB1930PLC006663

  • Company No.

    006663

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 1930

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Healthcare
Consumer Goods

What products or services does Philips India Limited offer?

Philips India Limited offers a wide range of products and services, including Diagnostic Medical Imaging Equipment, MRI Machine, Medical Imaging Machine & Accessories, Surgical & ICU Equipments, Patient Monitoring System, Oxygen Mask, Ultrasound Machines, Doppler Machine, Pollution Control Devices & Machines, HVAC Air Filter.

Who are the key members and board of directors at Philips India?

Executive Team (3)

Name Designation Appointment Date Status
Bharath Sesha Country flag representing In Managing Director 23-Sep-2024 Current
Dev Tripathy Country flag representing In CFO Current
Swati Batra Company Secretary 01-Oct-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Geetu Verma Country flag representing In Director 29-Sep-2015 Current
Angarai Ratnam Country flag representing In Director 08-Aug-2024 Current
Harish Chawla Country flag representing In Whole-Time Director 08-Aug-2024 Current
Dev Tripathy Country flag representing In Whole-Time Director and Cfo Current

Financial Performance of Philips India.

Philips India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.68% increase. The company also saw a slight decrease in profitability, with a 2.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 45.8%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
4.68%
Revenue from Operations
4.61%
Total Assets
-24.74%
Profit or Loss
-2.22%
Net Worth
-45.80%
EBITDA
20.86%

What is the Ownership and Shareholding Structure of Philips India?

In 2023, Philips India had a promoter holding of 96.13% and a public holding of 3.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.00 Cr

Satisfied Charges

₹303.65 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 40.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Dec 2011 State Bank Of India ₹40.00 Cr Open
07 Oct 2009 State Bank Of India ₹140.00 Cr Satisfied
10 May 2007 Canara Bank ₹8.50 M Satisfied
17 Nov 2003 Canara Bank ₹5.50 M Satisfied
02 Feb 2000 Bank Of Maharastra ₹25.00 Cr Satisfied

How Many Employees Work at Philips India?

Philips India has a workforce of 5817 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Philips India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Philips India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Philips India

Recent activity within the organization

  • Director Appointment

    Swati Batra was appointed as a Company Secretary was appointed as a Company Secretary on 01 Oct 2024 & has been associated with this company since 4 months 4 days .

    01 Oct 2024

  • Annual General Meeting

    Philips India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Bharath Ramraman Sesha was appointed as a Managing Director was appointed as a Managing Director on 23 Sep 2024 & has been associated with this company since 4 months 12 days .

    23 Sep 2024

  • Director Appointment

    Angarai Dorairajan Aditya Ratnam was appointed as a Director was appointed as a Director on 08 Aug 2024 & has been associated with this company since 5 months 27 days .

    08 Aug 2024

  • Director Appointment

    Harish Chawla was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 08 Aug 2024 & has been associated with this company since 5 months 27 days .

    08 Aug 2024

  • Balance Sheet

    Philips India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

Frequently asked questions

  • Philips India Limited was incorporated on 31 Jan 1930.

  • The authorized share capital of Philips India Limited is ₹ 112.00 Cr and paid-up capital is ₹ 57.52 Cr.

  • Currently 7 directors are associated with Philips India Limited.

    • Geetu Gidwani Verma
    • Bharath Ramraman Sesha
    • Angarai Dorairajan Aditya Ratnam
    • Harish Chawla
    • Dev Kumar Tripathy
    • Dev Kumar Tripathy
    • Swati Batra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Philips India Limited is 3Rd Floor Tower A Dlf It Park 08 Block Af Major Arterial Road, New Town (Rajarhat) India, Kolkata, West Bengal, 700156.

  • The corporate identification number (CIN) of Philips India Limited is U31902WB1930PLC006663 and the company number is 006663 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Philips India Limited is https://www.philips.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Philips India Limited has risen by 4.68%.

  • As Per 2023 financial reports, 5817 employees are currently employed by Philips India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Philips India Limited has experienced an downturn of -45.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Philips India Limited amount to ₹ 40.00 Cr.

  • The most recent Balance Sheet for Philips India Limited was filed with the ROC on 31 Mar 2024.

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