Overview
Philips India Limited is a manufacturer of consumer electronics in India and offers product 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.
The Company has manufacturing facilities in Pune, Maharashtra, and a Software Development center in Bangalore. The company sells its products primarily in India through independent distributors and modern trade. Philips started its operations in India at Kolkata (Calcutta) in 1930. It was established as Philips Electrical Company (India) Pvt Ltd.
Products and Services
Health Systems
Medical Electronics Equipment: Advanced medical imaging systems such as MRI machines, CT scanners, X-ray machines, ultrasound machines, patient monitoring systems, and medical informatics solutions are provided by the company.
Customer Services: Comprehensive support services, including maintenance, repair, training, and consulting, are also provided 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 are software for healthcare devices, consumer electronics, automotive systems, industrial machinery, and more.
While Philips India Limited continues to do well in the local market, many investors are interested in the Philips share price and how it’s performing. However, investors often check the Philips share price NSE for the latest updates.
Personal Care
Health and Wellness Products: A Wide range of consumer health monitoring devices, such as blood pressure monitors, thermometers, activity trackers, and smart scales, are provided by the company.
Personal Care Products: Products such as electric shavers, hair trimmers, hair dryers, hair straighteners, epilators, and oral care products like electric toothbrushes and water flossers are provided by the company.
Board of Directors
S. M. Datta – Chairman and Non-Executive Independent Director
Daniel Mazon, Vice – Chairman and Managing Director
Pooja Bedi – Whole-Time Director and Company Secretary
Sudeep Agrawal – Whole-Time Director and Chief Financial Officer
Geetu Gidwani Verma – Non-Executive Independent Director
IPO details
As of now, the company has not planned for relisting its equity shares on the stock exchanges in India. Hence, Philips share price is not influenced by any IPO activity.
Dividend details
The Directors had provided payment of Rs. 222/- per share as Interim dividend on the fully paid equity shares during the year ended 31 March 2023.
Listing Status
The equity shares of Philips India Limited were delisted from the stock exchanges in India. However, post-delisting, Philips shares are not traded on any stock exchange in India. Nevertheless, for those searching for historical data or other information, looking up the Philips share price NSE could still provide some information on the market trend of the company.
Registered Office
The Registered office of the company is in Kolkata, West Bengal, India.
Subsidiaries
During the year, the Company does not have any Subsidiary Company.
Peers
Poly Medicure Limited
Schneider Electric Infrastructure
