Fortune MNC 500 India 2026 edition
Rank#219- Total income
- ₹3,180 Cr
- Profit
- ₹270 Cr
Last year #213
Signify Innovations India Limited - energy and power in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3,142.7 Cr
▲ 1% YoY
Net profit · FY 2025
₹270.1 Cr
Net margin 8.6%
EBITDA · FY 2025
₹471.2 Cr
EBITDA margin 15%
Authorised capital
₹58 Cr
Registered with MCA
Paid-up capital
₹57.52 Cr
Issued & subscribed
Open charges
₹125 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
2,552
Provident fund records
About Signify Innovations India Limited
Data last updated:
Signify Innovations India Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Signify Holding B.V.. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 22 April 2015 and has been in existence for over 11 years.
Signify Innovations India is ranked #219 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2015PLC206100. Its GSTIN is 19AAICP0987G1Z0 (West Bengal). The company holds 31 GST registrations, of which 21 are active.
The company has an authorised share capital of ₹58 Cr and a paid-up capital of ₹57.52 Cr. It was formerly known as Philips Lighting India Limited and Signify India Limited. It is led by directors including Sumit Padmakar Joshi (Managing Director) and Dibyendu Raychaudhury (Whole-Time Director).
Its last annual general meeting (AGM) was held on 12 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,142.7 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹270.1 Cr (net margin 8.6%) and EBITDA of ₹471.2 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 2,552 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Signify and Lighting Philips. As per MCA filings, the company has open charges of ₹125 Cr on record. Court records list 101 cases involving the company, including 41 filed by the company and 60 filed against it; 29 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹57.52 Cr; the latest was in March 2017. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 2 smaller; the largest is Livguard Energy Technologies Private Limited with revenue of ₹3,519.36 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website signify.com.
Company details
CIN U74900WB2015PLC206100
Registration Number 206100
Incorporation Date 22 April 2015
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Signify Holding B.V.
Compliance Status Active Compliant
Name history
Signify Innovations India has undergone 3 name changes throughout its history. The company was previously known as Philips Lighting India Limited, Signify India Limited, and Signify Innovations India Limited. The current legal name is Signify Innovations India Limited.
| Company Name | Status |
|---|---|
| Signify Innovations India Limited | Current |
| Philips Lighting India Limited | Previous |
| Signify India Limited | Previous |
Key People
Sumit Padmakar Joshi Managing Director Dibyendu Raychaudhury Whole-Time Director Vikas Malhotra Whole-Time Director Recognitions & Rankings of Signify Innovations India
Contact details
Signify Innovations India Limited's registered office is in Kolkata, West Bengal. Its website is signify.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPs Arcadia Central 3A 3rd Floor 4A Abanindranath Thakur Sarani (Camac S, Treet), Kolkata, West Bengal, India – 700017
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Signify Innovations India Limited, buy the company report.
Comprehensive company report
Signify Innovations India Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Signify Innovations India operates two associated brands: Signify and Lighting Philips. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Signify is recognized as a global leader in lighting solutions. | signify.com | |
| LED lighting solutions are manufactured for professional and consumer markets. | lighting.philips.co.in |
Business activity
The main business activity of Signify Innovations India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Signify Innovations India Limited, buy the company report.
Financials of Signify Innovations India Limited
FY 2025 filings availableSignify Innovations India Limited reported revenue of ₹3,142.7 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹3,142.7 Cr ▲ 1%
Net profit · FY 2025
₹270.1 Cr margin 8.6%
EBITDA · FY 2025
₹471.2 Cr margin 15%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 4%
5 years · compounded
▲ 1%
EBITDA CAGR growth
3 years · compounded
▲ 7%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 1% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹471.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹270.1 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | ||||
| Net Profit Margin | 8.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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To see the full financial statements and ratios of Signify Innovations India Limited, buy the company report.
Board of directors of Signify Innovations India Limited
Signify Innovations India has 7 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Jose Puthiyidathu | Director | 22 Dec 2022 | 3 Years 10 Months | Current |
| Nitin Mittal | Nodal Officer | 25 Sep 2024 | 2 Years 1 Months | Current |
| Sumit Padmakar Joshi | Managing Director | 14 Sep 2017 | 9 Years 1 Months | Current |
| Dibyendu Raychaudhury | Whole-Time Director | 23 Sep 2022 | 4 Years 1 Months | Current |
| Vinayak Kashinath Deshpande | Director | 27 Apr 2016 | 10 Years 6 Months | Current |
| Sangeeta Pendurkar Also directs: Sula Vineyards Limited, Aditya Birla Fashion and Retail Limited, International Gemological Institute Limited and 2 more | Director | 08 Dec 2020 | 5 Years 10 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer comparison
Signify Innovations India Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Livguard Energy Technologies Private Limited | ₹3,519.36 Cr (FY 2024) | -7.0% | Gurgaon, Haryana, India | |||
| Goldi Solar Private Limited | ₹3,450.29 Cr (FY 2025) | 96.0% | Mumbai, Maharashtra, India | |||
| Signify Innovations India Limitedthis company | ₹3,142.7 Cr (FY 2025) | ₹270.1 Cr | 8.6% | 1.0% | 2,552 | Kolkata, West Bengal, India |
| Orient Electric Limited | ₹3,105.52 Cr (FY 2025) | 10.0% | Bhubaneswar, Odisha, India | |||
| Bosch Home Comfort India Limited | ₹2,782.2 Cr (FY 2025) | 44.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Signify Innovations India Limited, buy the company report.
Auditor
Signify Innovations India Limited is audited by S R BATLIBOI & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R BATLIBOI & CO LLP | FY 2023 | 301003E |
Shareholding
The shareholding of Signify Innovations India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Signify Innovations India Limited, buy the company report.
Charges & borrowings
Open charges
₹125 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2016 | 100022425 | State Bank of India | ₹125 Cr | Open |
To see the full charge records of Signify Innovations India Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Signify Innovations India Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹57.52 Cr; the latest was in March 2017.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹57.52 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Signify Holding B.V Seller: an individual |
| Apr 2016 | Funding round | ₹57.52 Cr | Investors: Others Signify Innovations India Limited, Philips Radio BV, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Signify Innovations India Limited has 101 court cases on record: 41 filed by Signify Innovations India, 60 filed against it. 29 cases are pending and 72 are disposed.
Total cases
101
Filed by the company
41
Filed against the company
60
Pending
29
Disposed
72
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 75 | 55 | 20 |
| High courts | 26 | 5 | 9 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against TDS Management Consultant Pvt Ltd and 1 other | Pending |
| District court, West, Delhi | Cheque dishonour complaint | Filed by the company against First Light Solutions Pvt Ltd | Pending |
| District court, Ernakulam, Kerala | Arbitration matter | Filed by the company against Lulu International Shopping Mall Pvt. Ltd | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Acare Logistics Solution Pvt Ltd | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against TDS Management Consultant Pvt Ltd and 1 other | Disposed |
To see the full case history of Signify Innovations India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Signify Innovations India Limited was last rated by Crisil on 03 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Sep 2020 |
To see the full credit ratings and regulatory alerts of Signify Innovations India Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Signify Innovations India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Signify Innovations India Limited has a workforce of 2,552 employees on its EPFO records as of Apr 06, 2024, across 3 active EPFO establishments.
Employee count
2,552
Active EPFO establishments
3
Employee growth
6.96%
GST
Signify Innovations India has 31 GST registrations: 21 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
31
Active
21
Cancelled / inactive
10
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICP0987G1Z0 | West Bengal | Active | 01 Jul 2017 |
| 03AAICP0987G1ZD | Punjab | Active | 01 Jul 2017 |
| 04AAICP0987G1ZB | Chandigarh | Active | 01 Jul 2017 |
| 05AAICP0987G1Z9 | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Signify Innovations India Limited, buy the company report.
Recent activity
Signify Innovations India Limited has 22 board changes on record since 2016: 7 appointments and 15 cessations. The latest: Nitin Mittal was appointed as Nodal Officer on 25 Sep 2024.
AGM
Signify Innovations India Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Filing
Signify Innovations India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Appointed
Nitin Mittal was appointed as Nodal Officer.
Ceased
Dilip Jose Puthiyidathu ceased to be Additional Director.
Appointed
Dilip Jose Puthiyidathu was appointed as Director.
Ceased
Mahesh Srinivasan Iyer ceased to be Director.
Appointed
Dibyendu Raychaudhury was appointed as Whole-Time Director.
Ceased
Dibyendu Raychaudhury ceased to be Additional Director.
Ceased
Sangeeta Pendurkar ceased to be Additional Director.
Appointed
Vikas Malhotra was appointed as Whole-Time Director.
Ceased
Vikas Malhotra ceased to be Additional Director.
Ceased
Sukanto Aich ceased to be Whole-Time Director.
15 earlier events are in the company report.
News
Frequently asked questions
Signify Innovations India is an active public limited company based in Kolkata, West Bengal, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 22 April 2015 (11+ years old) and is registered under CIN U74900WB2015PLC206100.
Signify Innovations India has 7 current directors:
- Sumit Padmakar Joshi - Managing Director
- Dibyendu Raychaudhury - Whole-Time Director
- Vikas Malhotra - Whole-Time Director
- Dilip Jose Puthiyidathu - Director
- Vinayak Kashinath Deshpande - Director
- Sangeeta Pendurkar - Director
- Nitin Mittal - Nodal Officer
The latest financial statements of Signify Innovations India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Signify Innovations India is 19AAICP0987G1Z0, registered in West Bengal. The company has 31 GST registrations in all, of which 21 are active and 10 are cancelled or inactive. Other active GSTINs include 03AAICP0987G1ZD (Punjab), 04AAICP0987G1ZB (Chandigarh), 05AAICP0987G1Z9 (Uttarakhand).
The CIN (Corporate Identification Number) of Signify Innovations India is U74900WB2015PLC206100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Signify Innovations India has 101 court cases on record: 41 filed by the company and 60 filed against it. 29 are pending. Most are in the district courts.
Signify Innovations India was incorporated on 22 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kolkata.
Signify Innovations India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹57.52 Cr; the latest was in March 2017.
The peers of Signify Innovations India by revenue are Livguard Energy Technologies Private Limited, Goldi Solar Private Limited, Orient Electric Limited, Bosch Home Comfort India Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Nitin Mittal was appointed as Nodal Officer on 25 Sep 2024. Dilip Jose Puthiyidathu ceased to be Additional Director on 28 Sep 2023. Dilip Jose Puthiyidathu was appointed as Director on 22 Dec 2022. Signify Innovations India has 22 board changes on record in total.
Signify Innovations India can be reached through the website signify.com. Its registered office is in Kolkata, West Bengal, India.
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