Philips India Limited Unlisted Shares

About Philips India

(i) Philips India Limited is a subsidiary of Royal Philips of the Netherlands (KNPV), a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment, and home care. KNPV Holds 96.13% shares in Philips India Limited and remaining shares are held by minority shareholders.

(ii) Philips India is a leading hi-tech company doing business in the field of Healthcare system, and Personal Healthcare. The company also has a Healthcare innovation center at Pune and Innovation campus at Bangaluru.

(a) Healthcare System:

It imports machines from Philips globally for Diagnostic Imaging( MRIs, CT Scan, Digital X-Ray), Ultra Sound, Image-Guided Therapy, Patient Care, and monitoring Systems.

(b) Personal Healthcare:

It includes Domestic appliances, Personal Care, Health, and Wellness products.

It is the R&D center of Philips India which also assembles machines as discussed above under the Healthcare System.

(d) Philips Innovation Campus (PIC):

Based at Bangalore, initially started as a software center in 1996, is now recognized as one of the key innovation hubs for Philips globally.

The focus of the innovation hub is to help accelerate Philips’s leadership as a Health Technology company through meaningful innovations for local and for global markets. Enabled by highly qualified, passionate and motivated professionals over the last 23 years, this center has evolved rapidly to become
a strategic innovation hub for Philips.

PIC builds software products and solutions across the health continuum starting with healthy living, disease prevention to diagnosis, treatment, and home-based care. The software and product innovations enable global advancements in common platforms for various imaging products like MRI, CT, Diagnostic X-Ray, and Ultrasound. PIC has extensive expertise in cutting-edge technologies such as AI, Cloud, Data Analytics, IoT, etc.

Subsidiaries of Philips India:

As of March 31, 2019, the Company had two wholly-owned subsidiaries, Preethi Kitchen Appliances Private Limited (“Preethi”) and Philips Home Care Services India Private Limited (“Philips Home Care”) and a Joint Venture Company, Healthmap Diagnostics Private Limited (“Healthmap”), where the Company held 35% shareholding.

However, in the meeting of the Board of Directors of the Company held on May 1, 2019, the approval was accorded to dispose of the shareholding of the Company in Healthmap, by way of sale to Manipal Health Enterprises Pvt. Ltd.(Manipal), at the present fair market value at that time i.e. 23.65 per share. The Company held 1.48 Crore shares in Healthmap and based on the said price, the aggregate share sale consideration amounted to 35.00 Crores.

Preethi Kitchen Appliances is the leading manufacturer of kitchen appliances in the south India market. It sells mixer grinder, glass top, stainless-steel, gas stoves, coffee maker, induction cooker, rice cookers, Kettles, electric iron box, electric pressure cooker, and vessels for Induction cooker.

Philips Home Care had launched its Critical care segment in 2017, wherein the step-down version of an ICU is set up in the patient’s home with 24×7 presence of a nurse, along with wide range of equipment and services, as required, like BIPAP, Multipara Monitor/pulse oximeter, DVT pump, infusion pump, hospital bed, physiotherapist’s visit, and respiratory therapist’s visit.

Financial Snapshots:

Philips India Annual Report 2021 Updates

Health System

a) During the year 2020-21, Health Systems business of Philips India delivered another year of strong performance irrespective of Market de-growth, driven by growth in Image Guided Therapy (IGT) (47.6% Market Share) and Connected Care (CC) Business.
b) In Image Guided Therapy(IGT),Philips Market share improved by 11.2%.
c) Magnetic Resonance (MR), Philips Market share increased by 1.5% fuelled by PMRS.
d) Ultrasound business of Philips India has improved market share from 17% to 19.7% driven by strong performance of the India.

Personal Health

a) Personal Health business continued its transformation journey by adopting to the external dynamic headwinds and delivered 16% growth over the previous financial year.
b) Under Domestic Appliances business, Philips India has launched New Urban living range of Air Purifiers with an idea to create a safe in home environment and also a new range of Oven Toast and Grill (OTG) products to support the In-home Cooking trend.

Demerger of Domestic business

Domestic Appliance Business will stand transferred to and vested with Philips Domestic Appliances India Limited with effect from the appointed date i.e. July 1, 2021. So existing shareholders of the Philips India will get shares of Domestic Appliances. And, accordingly the unlisted shares value of Philips India will reduce.

Domestic Appliances business including the Company’s subsidiary “Preethi Kitchen Appliances Private Limited” will be carved out from the Business segment “Personal Health” which primarily involves sale of kitchen appliances (juicers, blenders, Air fryer, food processors), home care (vacuum cleaners, air purifiers), garment care (irons, steam generators) and coffee makers (appliances and accessories).

Financial Performance of Domestic Business

Particulars (in Cr)	FY20-21
Revenue from operations	1475
Operating expenses	1373
PBT	101
PAT	80

In accordance with the Scheme, the assets and liabilities pertaining to Domestic Appliance business will stand transferred to and vested with Philips Domestic Appliances India Limited with effect from the appointed date i.e. 01 July 2021 and shareholders of the Company will be allotted 1 fully paid equity share of Philips Domestic Appliances India Limited for each fully paid equity share held by them in the Company on or before the Effective date and the transfer of the De-merged Undertaking shall be on a going concern basis.

Innovation Campus

Philips Innovation Campus, Bengaluru (PIC-B) established in 1996 as a premier software research and development organisation of Royal Philips, today hosts 4500+ top-notch professionals working on developing products and innovative solutions across the healthcare continuum to improve people’s health. It is one of the four major Philips innovation hubs globally.

Subsidiaries of Philips India

During the financial year 2020-21, Philips India had three wholly owned subsidiaries, Preethi Kitchen Appliances Private Limited (“Preethi”), Philips Home Care Services India Private Limited (“Philips Home Care”) and Philips Domestic Appliances India Limited (“Philips Domestic Appliances”).

Now as said above, the Domestic Appliance India business was de-merged from Philips India w.e.f o1.07.2021. For each share of Philips India, a share of Philips domestic was given. For example, if you were holding 100 shares of Philips India, then after demerger you must have got 100 shares of Philips Domestic as well.

Financial Performance of Philips India

Particulars (in Cr)	FY21-22	FY20-21
Revenue	5546	4833
EBITDA	400	414
OPM	7.2%	8.4%
Profit from continuous operation	256	176
Profit from discontinuous operation	0	0
EPS	46	30

Current Unlisted market price of Philips India is 1200 and P/E based on EPS of 46 is 26x, which is fairly valued.

Philips India Limited Unlisted Shares Details:

Total Available Shares:	300
Face Value:	₹ 10 Per Equity Share
ISIN:	INE319A01016
Lot Size:	25 Shares
Current Unlisted Share Price:	₹ 1050 Per Equity Share

Shareholding Pattern:

Shareholders Name	number of shares	% of share
Koninklijke Philips N.V.	5,52,90,182	96.13
Philips Radio B.V.	60	0

Financials of Philips India Limited Unlisted Shares:

(Fig. in Crores)

Year	Revenue	EBITDA	OPM	PAT	NPM	Shares	EPS
2016	4046	380	9%	79	2%	5.75	13.7
2017	4283	445	10%	189	4%	5.75	32.9
2018	4461	422	9%	*361	8%	5.75	62.8
2019	4989	474	10%	190	4%	5.75	33.0
2020	5253	447	9%	143	3%	5.75	25
2021	4883	414	8.4%	176	3.6%	5.75	30
2022	5546	400	7.2%	256	4.6%	5.75	46

* The unusual high profit is coming due to deferred tax credit Ratio Analysis of Philips India Unlisted Share a) Balance Sheet Ratio

Particulars	FY22	FY21
Debt/Equity	0.00	0.00
Assest Turnover Ratio	10.2	9.9
Debtor Days	49	42
Creditor Days	87	94
Inventory Days	110	71
Working Capital Cycle	72	60
Interest Coverage Ratio	5	6
Working Capital	1632	1031
Current Ratio	2.1	1.8

b) P&L Ratio

Particulars	FY22	FY21
Return of Equity	11.68%	7.70%
Return on Capital Employed	12.07%	12.07%
ROIC	66.51%	106.13%
OPM	6.09%	7.70%
NPM	4.80%	3.72%
P/E	26

Business Analysis For FY18-19:

(i) During the year 2018-19, the Health Systems business suffered a revenue de-growth of 3.4% year-on-year, primarily due to the credit squeeze in the financial market attributable to the crisis in the non-banking financial companies (NBFC) sector. The overall Health Systems market de-grew by 3.6% in the fourth quarter of 2018 Moving Annual Turnover (MAT) level, led by the de-growth in Precision diagnostics and Image-Guided Therapy (IGT) equipment by 3.5% and 21.7%, respectively. (ii) The Personal Health business registered sales growth of 14.6%, over the previous financial year. The growth was driven in all the categories especially with strong growth in Personal Care, Home Care, erstwhile Air, and Floor Care and Beauty Products. The growth of Air Purifiers was driven by public awareness around air quality, especially in the northern part of the country. (iii) In FY 2018-19, Preethi, a subsidiary, registered significant progress and delivered a 19.5% sales growth over last year with improved profitability. During the year, the focus of the Preethi business was on the cooking appliances segment. Gas Stove category has achieved a sizable share in FY 2018-19 and contributed 13% of the revenue. (iv) During the year, Philips Home Care, a subsidiary, the business segment didn’t expand to the expected levels due to various challenges in the marketplace. (v) For brand improving, the Company has enhanced presence across various social media platforms to target youth of the Country. Further, the Company has also engaged famous cricketers, Mr. Virat Kohli and Mr. Rahul Dravid in order to attract the young consumers of the country. Business Analysis of FY19-20 a) During the year 2019-20, the Health Systems business of the Company delivered another year of strong performance was driven by growth in Image-Guided Therapy (IGT 19.6%) and Patient Care & Monitoring solutions (10%) despite macroeconomic challenges including credit squeeze in the financial market attributable to the crisis in the non-banking financial companies (NBFC) sector. b) In Image Guided Therapy (IGT), Philips Market share improved by 5%. The market is still reeling under the stent price capping which is causing the value and performance segments to grow. In Magnetic Resonance (MR), Philips Market share declined by 8% whereas in Computed Tomography (CT), and the company witnessed a dip of 3% in market share. Ultrasound business of the Company improved market share from 17.3% to 18%. c) Financial year 2019-20 has been a challenging year with unfavorable macro-economic conditions, slowing market growths and then Covid-19 outbreak followed by lockdown as containment measures. With these ongoing headwinds, Personal Health business of the Company was still able to deliver sales growth of 5.8%, over the previous financial year. There has been and increase in cost trends of the commodities and adverse currency fluctuations due to global factors. Business Performance of Philips India in FY21-22 1. Philips India Health Systems business comprises of MRI Scanners, CT Scanner , Ultrasound etc had another year of exceptional success, with overall revenue growth of more than 60 percent, driven by favourable market growth and client demands during the pandemic. 2.As a result of the pandemic's effect on healthcare requirements, the addressable market of Health System business has expanded by 40 percent in the high double digits. 3. Philips India has added the entire Respironics Range under Sleep and Respiratory Care (S&RC) to its portfolio. 4. Despite a turbulent and dynamic economic environment, the Personal Health business of Philips India has produced 16.3% increase over the prior fiscal year (excluding the impact of the home appliances business which was shifted in Philips Domestic and it was de-merged last year). 5. In personal health business, Philips India has aunched new range of products such as Beard Trimmer Power adapt, Sonicare electric toothbrushes and locally manufactured Value-segment Hair Dryer. 6. This year company has also given a dividend of Rs.3 per share. Philips India Annual Report 2021-22 Philips India Annual Report 2020-21 Philips India Annual Report 2019-20 Philips India Annual Report 2018-19 Graphical Representation of Financials of Philips India Limited Unlisted Shares

Frequently Asked Questions:

Please find below the procedure for buying Philips India Limited Unlisted Shares at UnlistedZone.

1. You confirm booking of Philips India Limited Unlisted Shares with us at a trading price.
2. You provide your client master report (ask the broker if not available) along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
3. We will provide the bank details.
4. You need to transfer funds in that account.
5. Payment has to be done in RTGS/NEFT/IMPS CHEQUE TRANSFER. No CASH DEPOSIT.
6. Payment has to be done from the same account in which shares are to be credited.
7. We will transfer the shares in 24 hours if funds are credited before 2 pm.

Important Note: Please note that the lock-in period for selling Philips India Limited Unlisted Shares is 6 months after listing. Hence you can’t sell Philips India Limited Unlisted Shares which you bought in Pre-IPO for 6 months after its listing. i.e. You can sell it only after 6 months calculated from the listing date. For any queries, please contact us at sales@unlistedzone.com

Please find below the procedure for selling Philips India Limited Unlisted Shares at UnlistedZone.

1. We will confirm our buying price of Philips India Limited Unlisted Shares.
2. We will give you our client master report and you will transfer the Philips India Limited Unlisted Shares to our demat account.
3. We will ask for bank details of yours once the Philips India Limited Unlisted Shares are received in our demat account..
4. We will transfer the funds in your bank account within 24 hrs of receiving the Philips India Limited Unlisted Shares.
5. Payment will be made in RTGS / NEFT / CHEQUE TRANSFER/IMPS. No CASH DEPOSIT.
6. Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify. As per SEBI regulations, the transfer of funds in the third party account is not legal and our policy refrain us from doing so.

Note: The price at which we are buying the share is fixed for 3 days. If you cant sell your stock within 3 days, then the price of that day will be applicable when we receive shares in our demat.

Lock-in period of Philips India Limited Unlisted Shares depends upon category of investors.

1. Venture Capital Funds or Foreign Venture Capital Investor - lock-in Period of 6 months from the date of acquisition of Philips India Limited Unlisted Shares.
2. AIF-II - There is no locking period.
3. Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Philips India Limited Unlisted Shares.

This new SEBI rule was introduced in the month of August-2021, wherein the SEBI has reduced the lock-in period previously from 1 year to 6 months to encourage more and more funds to be invested in startups which are going to public or IPO in near future. Reduction of lock-in is seen as big step and after that many PMS funds are advising their clients to invest in Pre-IPO shares to get the benefit of early stage investment.

DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Philips India Limited Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.

1. Offline-DIS - This is an offline mode of transfer of shares wherein the investors needs to fill DIS form and give it to their broker for transferring the shares. Following are the fields which are required to be filled.
- a. ISIN number of Philips India Limited Unlisted Shares.
- b. Name of Philips India Limited Unlisted Shares
- c. Quantity of Philips India Limited Unlisted Shares
- d. Cosideration Amount
- e. Target DP ID and Client ID
- f. Annexure
2. Online DIS - Some of the broker these days gives facility of transferring the Philips India Limited Unlisted Shares via online DIS. So, please check with your broker whether such facility is available or not. For example: Angel Broking proivdes the facility of Online-DIS from its platform. As an investor he/she simply needs to add a beneficiary into it and send the Philips India Limited Unlisted Shares by filling the details similar to Ofline-DIS.

Read our article to understand more about this. https://unlistedzone.com/how-do-i-sell-my-unlisted-shares/

In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Philips India Limited Unlisted Shares then minimum investment would be 35-50k.

Yes, buying and selling of unlisted shares in India is 100% legal.

If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted 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 20% with 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.

If you buy Philips India Limited Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.

Check credit of Philips India Limited Unlisted Shares Instantly?

1.You can download the NSDL or CDSL application from google play-store and check. If you want to check whether your stock broker is registered with NSDL or CDSL then check the following procedure.
By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Demat Account = DP ID + Client ID. (16 Characters )
"DP ID is the unique identification of the Broker. Every broker gets a unique number from CDSL or NSDL.By carefully examining the number format of Demat Account we can easily identify whether the stock broker is registered with CDSL or NSDL.
Client ID is the unique identification of the Client. Every client gets this unique number which represents his/her portfolio.
In CDSL, all these characters are numbers (1234567891234567) first 8 digits are DP ID and next 8 digits are Client Id whereas in NSDL the first two characters are letters which are in accordance with the country that you are from (IN12345678912345), then 6 unique digits for Broker and next 8 digits are client ID.
Example:
CDSL = 12345678(DP ID) and 91234567(Client ID).
NSDL = IN123456 (DP ID) and 78912345(Client ID).
Check in brokers application?
Credit of Philips India Limited Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

The Philips India Limited Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.

The price of Philips India Limited Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.

If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.

"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."

We at UnlistedZone do the valuation based on 2 methods.

1. We check the last funding that is being done in the Philips India Limited Unlisted Shares to ascertain the benchmark valuation.
2. If there is no funding happened in the company, then we try to find a business similar to Philips India Limited Unlisted Shares in the listed space and do comparison method to ascertain the valuation.

As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.

We source shares either from the employees or initial investors looking to liquidate their Philips India Limited Unlisted Shares.

Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Philips India Limited Unlisted Shares in the unlisted market itself.

Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.

For tracking news and other information about Philips India Limited Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.

Discussion on Philips India Limited Unlisted Shares:

7 Comments

Doddaballapur

10:41 AM, 16 November 2020

If they do not do an IPO, what is the possible exit for this stock ?

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Market Wizard

5:10 AM, 17 November 2020

Sir, if the company is performing well then these shares can be sold in the unlisted market.

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Yogesh Borade

6:59 AM, 29 March 2020

Can i buy this share.

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Market Wizard

5:28 AM, 30 March 2020

Yes, you can buy this share. Please send us an email at sales@unlistedzone.com, with the quantity required.

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seller

10:25 AM, 23 April 2021

willing to sell 460 shares @ 1400

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Tanishk Ojha

4:30 PM, 26 July 2021

Is the offer still available ?

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Market Wizard

2:56 AM, 6 February 2020

Vallabh Bhansali, renowned investor and founder of Enam Security has also invested in Philips India.

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Philips India Limited Unlisted Shares

Philips India Limited Unlisted Shares Details:

Shareholding Pattern:

Financials of Philips India Limited Unlisted Shares:

Frequently Asked Questions:

Discussion on Philips India Limited Unlisted Shares:

7 Comments

Doddaballapur

Market Wizard

Yogesh Borade

Market Wizard

seller

Tanishk Ojha

Market Wizard

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