---
title: "Philips India Ltd (PHILIPS) — Share Price, Financials & Analysis"
symbol: "PHILIPS"
company: "Philips India Ltd"
canonical: "https://tapetide.com/stocks/PHILIPS"
generated_at: "2026-10-13T11:53:34.947Z"
---

# Philips India Ltd (PHILIPS)

Canonical page: https://tapetide.com/stocks/PHILIPS

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** philips.co.in

## About

Philips India's business segments comprise of Diagnostic imaging equipments, Software development and Domestic appliances.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Debtor days have improved from 58.1 to 43.3 days.

### Weaknesses

- The company has delivered a poor sales growth of 6.46% over past five years.
- Company has a low return on equity of 7.53% over last 3 years.
- Dividend payout has been low at 10.3% of profits over last 3 years
- Working capital days have increased from 43.7 days to 61.3 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 23% | 2% | -1% |
| revenue growth | 7% | 8% | 6% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 15m | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 5544 | 5317 | 5814 | 6346 | 3542 | 3697 | 3881 | 4279 | 4534 | 4843 |
| Expenses | 5277 | 5068 | 5445 | 5781 | 3233 | 3353 | 3566 | 3949 | 4204 | 4471 |
| Operating Profit | 267 | 248 | 368 | 564 | 308 | 344 | 314 | 330 | 330 | 372 |
| OPM % | 4.8 | 4.7 | 6 | 9 | 9 | 9 | 8 | 8 | 7 | 8 |
| Other Income | 15 | 26 | 40 | 178 | 55 | 43 | 32 | 25 | 56 | 41 |
| Interest | 10 | 10 | 10 | 9 | 11 | 11 | 13 | 13 | 20 | 25 |
| Depreciation | 98 | 78 | 82 | 106 | 47 | 51 | 67 | 81 | 118 | 134 |
| Profit before tax | 175 | 186 | 317 | 628 | 306 | 325 | 267 | 261 | 249 | 253 |
| Tax % | 23 | 34 | 34 | 33 | 39 | 37 | 37 | 32 | 39 | 30 |
| Net Profit | 134 | 123 | 210 | 424 | 187 | 206 | 168 | 176 | 152 | 176 |
| Dividend Payout % | 11 | 9 | 5 | 4 | 9 | 8 | 10 | 10 | 11 | 10 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 58 | 58 | 58 | 58 | 58 | 58 | 58 | 58 | 58 | 58 |
| Reserves | 940 | 1050 | 1246 | 1649 | 1761 | 1945 | 2102 | 2252 | 2200 | 2338 |
| Borrowings | 235 | 69 | 150 | 50 | 26 | 68 | 68 | 68 | 0 | 0 |
| Other Liabilities | 1254 | 1474 | 1528 | 1671 | 1232 | 1128 | 1238 | 1380 | 1552 | 1946 |
| Total Liabilities | 2486 | 2650 | 2981 | 3428 | 3076 | 3199 | 3466 | 3757 | 3810 | 4341 |
| Fixed Assets | 370 | 408 | 411 | 383 | 198 | 242 | 293 | 285 | 353 | 476 |
| CWIP | 27 | 20 | 18 | 10 | 8 | 11 | 1 | 30 | 25 | 41 |
| Investments | 100 | 100 | 100 | 100 | 481 | 760 | 772 | 758 | 743 | 0 |
| Other Assets | 1989 | 2122 | 2451 | 2934 | 2389 | 2186 | 2400 | 2684 | 2689 | 3823 |
| Total Assets | 2486 | 2650 | 2981 | 3428 | 3076 | 3199 | 3466 | 3757 | 3810 | 4341 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -193 | 280 | 20 | 287 | 380 | 300 | 130 | 76 | 186 | 717 |
| Cash from Investing Activity | -215 | -55 | 49 | 103 | -396 | -299 | -80 | -52 | -45 | -249 |
| Cash from Financing Activity | 191 | -194 | 50 | -113 | -57 | -26 | -34 | -34 | -104 | -95 |
| Net Cash Flow | -218 | 30 | 120 | 278 | -72 | -24 | 16 | -10 | 37 | 372 |
| Free Cash Flow | -338 | 191 | -76 | 302 | 286 | 227 | 16 | -23 | 68 | 432 |
| CFO/OP | -40 | 143 | 36 | 95 | 188 | 149 | 85 | 70 | 77 | 219 |

### Ratios

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 33 | 48 | 48 | 50 | 70 | 46 | 68 | 67 | 64 | 43 |
| Inventory Days | 62 | 67 | 70 | 68 | 100 | 103 | 86 | 98 | 75 | 72 |
| Days Payable | 85 | 101 | 94 | 95 | 119 | 113 | 124 | 137 | 106 | 93 |
| Cash Conversion Cycle | 9 | 14 | 25 | 23 | 51 | 35 | 31 | 28 | 33 | 22 |
| Working Capital Days | 15 | 10 | 21 | 22 | 23 | 16 | 25 | 35 | 35 | 61 |
| ROCE % | 18 | 15 | 24 | 35 | 18 | 17 | 13 | 13 | 11 | 12 |

## Filings & Documents

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-08-05 | Credit rating update — CRISIL |
| 2025-01-31 | Credit rating update — CRISIL |
| 2024-07-10 | Credit rating update — CRISIL |
| 2023-07-25 | Credit rating update — CRISIL |
| 2023-07-18 | Credit rating update — CRISIL |
| 2022-11-17 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:53:34.947Z.