Philips India Ltd
About
Philips India is the Indian branch of the Dutch multinational company, Philips. Philips India aims to improve 2.5 billion lives by 2030, including 400 million in the underserved communities with a focus on health technology. With the objective of providing tools for personalised treatment and precision diagnoses, health concerns related to sleep apnoea, oncology, cardiology, respiration, and anaesthesia have been at the core of Philips’ offerings. Additionally, Philips India offers products for households, personal care, sound & vision, mother & child care, lighting, and automotives. These include TVs, shavers, breast pumps, vacuum cleaners, Philips HUE, and car lights. All its offerings are designed and manufactured using EcoDesign to minimise adverse effects on the environment through recyclability and chemicals management.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 6138 4.7% | 5862 0.1% | 5858 20.5% | 4863 7.3% | 4533 -10.3% | 5053 14.9% | 4397 4.0% | 4226 15.6% | 3658 -46.6% | 6851 16.4% | 5888 9.3% | 5389 -4.7% | 5657 51.7% | 3729 11.9% | 3332 3.6% | 3217 - |
| Net Operating Income (INR Cr) | 6000 4.65% | 5734 4.61% | 5481 13.19% | 4843 6.80% | 4534 5.97% | 4912 11.85% | 4392 6.32% | 4131 0.00% | 3542 -44.19% | 6724 0.00% | 5814 9.35% | 5317 -4.11% | 5545 49.84% | 3700 14.75% | 3225 4.76% | 3078 8.66% |
| Profit (INR Cr) | 258 -1.0% | 260 -2.2% | 266 51.1% | 176 16.2% | 152 -20.6% | 191 -47.2% | 361 91.0% | 189 1.2% | 187 -39.0% | 306 46.0% | 210 70.9% | 123 -8.2% | 134 50.5% | 89 -24.3% | 118 -13.0% | 135 - |
| Assets (INR Cr) | 2382 35.4% | 1760 -37.9% | 2836 -8.2% | 3088 14.5% | 2697 15.6% | 2333 9.4% | 2132 17.1% | 1820 -7.7% | 1972 1.6% | 1941 23.0% | 1578 22.2% | 1291 -3.8% | 1342 50.7% | 891 8.6% | 820 -8.8% | 899 - |
| Net Worth (INR Cr) | 1490 20.7% | 1234 -45.8% | 2278 -4.9% | 2395 6.1% | 2258 -2.3% | 2097 8.6% | 1931 22.1% | 1581 0.0% | 1818 6.6% | 1191 0.0% | 1303 17.7% | 1107 11.0% | 998 13.3% | 881 9.4% | 805 -8.8% | 883 -6.2% |
| Employee Cost (INR Cr) | 2165 7.6% | 2012 21.3% | 1659 13.6% | 1460 8.1% | 1351 2.8% | 1314 10.4% | 1190 12.9% | 1055 15.2% | 915 -12.9% | 1051 26.4% | 831 11.9% | 743 3.6% | 717 79.0% | 401 23.6% | 324 11.8% | 290 - |
| Interest Cost (INR Cr) | 39 | 26 | 27 | 25 | 20 | 14 | 13 | 12 | 11 | 64 | 10 | 10 | 10 | 4 | 5 | 6 |
| Cash & Bank Balance (INR Cr) | 273 | 212 | 1316 | 931 | 559 | 754 | 673 | 574 | 541 | 373 | 141 | 122 | 139 | 402 | 425 | 506 |
| Total Debt (INR Cr) | 401 | 120 | 191 | 0 | 0 | 68 | 84 | 89 | 26 | 602 | 150 | 69 | 235 | 10 | 15 | 16 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 4.2% | 4.4% | 4.5% | 3.6% | 3.3% | 3.8% | 8.2% | 4.5% | 5.1% | 4.5% | 3.6% | 2.3% | 2.4% | 2.4% | 3.5% | 4.2% |
| Profit As % Of Assets | 10.8% | 14.8% | 9.4% | 5.7% | 5.6% | 8.2% | 16.9% | 10.4% | 9.5% | 15.8% | 13.3% | 9.5% | 10.0% | 10.0% | 14.3% | 15.0% |
| Profit As % Of Networth | 17.3% | 21.1% | 11.7% | 7.4% | 6.7% | 9.1% | 18.7% | 12.0% | 10.3% | 25.7% | 16.1% | 11.1% | 13.4% | 10.1% | 14.6% | 15.3% |
| Interest Cost to EBITDA % | 8.7% | 6.5% | 8.1% | 6.8% | 5.9% | 3.7% | 3.7% | 3.5% | 3.6% | 9.5% | 2.6% | 4.0% | 3.7% | 2.0% | 2.6% | 2.9% |
| Debt to Equity Ratio | 0.27 | 0.10 | 0.08 | - | - | 0.03 | 0.04 | 0.06 | 0.01 | 0.51 | 0.11 | 0.06 | 0.24 | 0.01 | 0.02 | 0.02 |
| RONW | 18.9% | 14.8% | 7.3% | 7.6% | 6.6% | 9.5% | 20.6% | 12.0% | 10.6% | 25.7% | 17.4% | 11.7% | 11.4% | 10.6% | 13.9% | 14.8% |
| ROCE | 17.7% | 15.1% | 8.8% | 9.6% | 10.3% | 13.3% | 14.2% | 17.6% | 16.4% | 29.6% | 22.8% | 14.9% | 13.2% | 17.2% | 22.1% | 23.3% |