Philips Global Business Services LLP
About Philips Global Business Services LLP
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Philips Global Business Services LLP is a limited liability partnership (LLP) based in Gurgaon, Haryana, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 30 August 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Delhi, under LLPIN AAH-2565. Its GSTIN is 33AATFP0195Q1ZG (Tamil Nadu). The LLP holds 3 GST registrations, all of them active.
The LLP has a total obligation of contribution of ₹362.45 Cr. It is led by designated partners Harish Chawla and Sharad Kumar.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Gurgaon, Haryana.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹733.86 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹28.93 Cr (net margin 3.9%) and EBITDA of ₹75.02 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years.
The LLP has about 2,332 employees on its provident fund (EPFO) records.
Court records list 1 case involving the LLP, including 1 filed by the LLP; 1 case is pending.
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- Registered AddressUnit No. 402 4th Floor Tower 3 Worldmark, Maidawas Roard Sector – 65, Gurgaon, Haryana, India – 122018
- IndustryHealthcare, Medical & Laboratory Equipment
- 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
- One PDF report, delivered after checkout
Financials of Philips Global Business Services LLP FY 2025 filings available
Philips Global Business Services LLP reported revenue of ₹733.86 Cr (up 91% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Philips Global Business Services LLP
Revenue has grown at a compounded annual rate (CAGR) of 67% over three years, including 91% growth in the latest year. EBITDA rose 75% 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 of Philips Global Business Services LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | ₹733.86 Cr | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹28.93 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Philips Global Business Services LLP
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Philips Global Business Services are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Philips Global Business Services LLP
Philips Global Business Services has 2 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Chawla Also directs: Heartstream India Private Limited, Philips India Limited | Designated Partner | 15 Sep 2017 | 9 Years 1 Months | Current |
| Sharad Kumar | Designated Partner | 01 Mar 2025 | 1 Years 7 Months | Current |
Ownership and Shareholding of Philips Global Business Services LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Philips Global Business Services LLP
Philips Global Business Services LLP does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Philips Global Business Services LLP
Philips Global Business Services LLP has 1 court case on record: 1 filed by Philips Global Business Services. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Assistant Commissioner Customs, Icd Talegaon, Pune | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Philips Global Business Services LLP
Philips Global Business Services LLP has a workforce of 2,332 employees as of Apr 01, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Philips Global Business Services LLP
Philips Global Business Services LLP has 7 designated partner changes on record since 2017: 3 appointments and 4 cessations. The latest: Sharad Kumar was appointed as Designated Partner on 01 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Philips Global Business Services LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Philips Global Business Services LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Philips Global Business Services LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Philips Global Business Services LLP
Philips Global Business Services has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AATFP0195Q1ZG | Tamil Nadu | Active | 01 Jul 2017 |
| 27AATFP0195Q1Z9 | Maharashtra | Active | 03 May 2019 |
| 29AATFP0195Q1Z5 | Karnataka | Active | 08 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Philips Global Business Services LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Philips Global Business Services LLP
Frequently Asked Questions about Philips Global Business Services LLP
Philips Global Business Services is an active limited liability partnership based in Gurgaon, Haryana, India. The LLP works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 30 August 2016 (10+ years old) and is registered under LLPIN AAH-2565.
Philips Global Business Services reported revenue of ₹733.86 Cr for FY 2022 (up 91% YoY).
Philips Global Business Services has 2 current designated partners:
- Harish Chawla - Designated Partner
- Sharad Kumar - Designated Partner
Philips Global Business Services reported a net profit of ₹28.93 Cr (net margin 3.9%) and EBITDA of ₹75.02 Cr (EBITDA margin 10.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Philips Global Business Services is 67% over three years. In the latest year (FY 2022) revenue rose 91%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Philips Global Business Services is 33AATFP0195Q1ZG, registered in Tamil Nadu. The LLP has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AATFP0195Q1Z9 (Maharashtra), 29AATFP0195Q1Z5 (Karnataka).
The LLPIN (Limited Liability Partnership Identification Number) of Philips Global Business Services is AAH-2565. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Philips Global Business Services has 1 court case on record: 1 filed by the LLP. 1 is pending.
Philips Global Business Services was incorporated on 30 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Sharad Kumar was appointed as Designated Partner on 01 Mar 2025. Akhilesh Kohli ceased to be Designated Partner on 28 Feb 2025. Akhilesh Kohli was appointed as Designated Partner on 15 Feb 2023. Philips Global Business Services has 7 designated partner changes on record in total.