Fortune India 500 2025 edition
Rank#369- Total income
- ₹6,613 Cr
- Profit
- ₹309 Cr
Last year #360
Philips India Limited - healthcare in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6,630.6 Cr
▲ 9% YoY
Net profit · FY 2025
₹309.3 Cr
Net margin 4.7%
EBITDA · FY 2025
₹679.8 Cr
EBITDA margin 10.3%
Authorised capital
₹112 Cr
Registered with MCA
Paid-up capital
₹57.52 Cr
Issued & subscribed
Open charges
₹40 Cr
Satisfied ₹303.65 Cr
Company age
96 yrs
Est. 1930
Employees · EPFO
5,817
Provident fund records
About Philips India Limited
Data last updated:
Philips India Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Koninklijke Philips N.V (Kpnv). It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 31 January 1930 and has been in existence for over 96 years.
Philips India is ranked #369 on the Fortune India 500 (2025) and #120 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U31902WB1930PLC006663. Its GSTIN is 19AABCP9487A1Z6 (West Bengal). The company holds 29 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹112 Cr and a paid-up capital of ₹57.52 Cr. It was formerly known as Philips Electronics India Limited and Philips Electrical Company (India) Limited. It is led by directors including Bharath Ramraman Sesha (Managing Director) and Harish Chawla (Whole-Time Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rajarhat. 4A 5th Floor Ecospace Business Park, Premises Aa II Newtown Chakpachuria Kolkata West Bengal – 700156, West Bengal, India – 700156.
As per the financials filed for FY 2025, the company reported a revenue of ₹6,630.6 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹309.3 Cr (net margin 4.7%) and EBITDA of ₹679.8 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 5,817 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Contact Philips. As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹303.65 Cr on record. Court records list 1,296 cases involving the company, including 794 filed by the company and 504 filed against it; 141 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website philips.co.in.
Company details
CIN U31902WB1930PLC006663
Registration Number 006663
Incorporation Date 31 January 1930
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Koninklijke Philips N.V (Kpnv)
Compliance Status Active Compliant
Name history
Philips India has undergone 2 name changes throughout its history. The company was previously known as Philips Electronics India Limited, and Philips Electrical Company (India) Limited. The current legal name is Philips India Limited.
| Company Name | Status |
|---|---|
| Philips India Limited | Current |
| Philips Electronics India Limited | Previous |
| Philips Electrical Company (India) Limited | Previous |
Key People
Bharath Ramraman Sesha Managing Director Harish Chawla Whole-Time Director Dev Kumar Tripathy Cfo Recognitions & Rankings of Philips India
Fortune MNC 500 India 2026 edition
Rank#120- Total income
- ₹6,613 Cr
- Profit
- ₹309 Cr
Last year #118
Contact details
Philips India Limited's registered office is in Kolkata, West Bengal. Its website is philips.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRajarhat. 4A 5th Floor Ecospace Business Park, Premises Aa II Newtown Chakpachuria Kolkata West Bengal – 700156, West Bengal, India – 700156
- IndustryHealthcare, Medical Equipment Retail & Distribution
To see the full contact details of Philips India Limited, buy the company report.
Comprehensive company report
Philips 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Philips India operates one associated brand: Contact Philips. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retailer of personal care, mother and child care, and healthcare products | philips.co.in |
Business activity
The main business activities of Philips India are trade and information and communication. In detail, this covers retail trading and publishing of computer operating systems, system software, application software, games, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Philips India Limited, buy the company report.
Financials of Philips India Limited
FY 2025 filings availablePhilips India Limited reported revenue of ₹6,630.6 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹6,630.6 Cr ▲ 9%
Net profit · FY 2025
₹309.3 Cr margin 4.7%
EBITDA · FY 2025
₹679.8 Cr margin 10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 6%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 9%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 9% growth in the latest year. EBITDA rose 34% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹679.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹309.3 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 10.3% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Philips India Limited, buy the company report.
Board of directors and KMP of Philips India Limited
Philips India Limited currently reports 4 directors and 1 key managerial person. 26 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Chawla | Whole-Time Director | 18 Jul 2024 | 2 Years 3 Months | Current |
| Angarai Dorairajan Aditya Ratnam Also directs: Versuni India Home Solutions Limited | Director | 18 Jul 2024 | 2 Years 3 Months | Current |
| Dev Kumar Tripathy Also directs: Heartstream India Private Limited | Cfo | 31 Oct 2023 | 2 Years 11 Months | Current |
| Bharath Ramraman Sesha | Managing Director | 01 Sep 2024 | 2 Years 1 Months | Current |
| Indu Ranjit Shahani | Director | 05 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Philips India Limited is audited by S.R. Batliboi & Co. LLP Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP Chartered Accountants | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Philips India Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Philips India Limited, buy the company report.
Charges & borrowings
Open charges
₹40 Cr
Satisfied charges
₹303.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2011 | 10333948 | State Bank of India | ₹40 Cr | Open | |
| 07 Oct 2009 | 10188755 | State Bank of India | ₹140 Cr | Satisfied | |
| 10 May 2007 | 10087443 | Canara Bank | ₹85 Lakh | Satisfied | |
| 17 Nov 2003 | 80005083 | Canara Bank | ₹55 Lakh | Satisfied | |
| 02 Feb 2000 | 80010482 | Bank of Maharastra | ₹25 Cr | Satisfied |
To see the full charge records of Philips India Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Philips India Limited has 1,296 court cases on record: 794 filed by Philips India, 504 filed against it. 141 cases are pending and 1,155 are disposed.
Total cases
1,296
Filed by the company
794
Filed against the company
504
Pending
141
Disposed
1,155
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 640 | 271 | 86 |
| High courts | 599 | 202 | 48 |
| Supreme Court | 51 | 30 | 5 |
| NCLAT | 5 | 1 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 1,296)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Laya Healthcare Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Lakshmi Narsimha Diagnostics and Healthcare Pvt Ltd | Pending |
| High Court of Kerala | Court case (OP(C)) | Filed by the company against De Lage Landen Financial Services India Pvt. Limited and 1 other | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by SMFG India Credit Company Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Plexus Interventional Pvt Ltd and 2 others | Pending |
To see the full case history of Philips 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.
MSME payment delays
Philips India Limited has 19 MSME Form 1 returns on record between 2019 and 2023, listing 5,524 overdue payments to 242 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 242)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Elin Appliances Private Limited | |||
| an individual supplier | |||
| Uniray Medical LLP | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Philips India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Philips India Limited has a workforce of 5,817 employees on its EPFO records as of Apr 06, 2024, across 11 active EPFO establishments.
Employee count
5,817
Active EPFO establishments
11
Employee growth
-5.68%
GST
Philips India has 29 GST registrations: 17 active and 12 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
29
Active
17
Cancelled / inactive
12
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCP9487A1Z6 | West Bengal | Active | 01 Jul 2017 |
| 03AABCP9487A1ZJ | Punjab | Active | 01 Jul 2017 |
| 06AABCP9487A1ZD | Haryana | Active | 01 Jul 2017 |
| 07AABCP9487A1ZB | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Philips India Limited, buy the company report.
Recent activity
Philips India Limited has 31 board changes on record since 2007: 5 appointments and 26 cessations. The latest: Indu Ranjit Shahani ceased to be Additional Director on 22 Sep 2025.
AGM
Philips India Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Ceased
Indu Ranjit Shahani ceased to be Additional Director.
Filing
Philips India Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata Ii.
Appointed
Indu Ranjit Shahani was appointed as Director.
Appointed
Bharath Ramraman Sesha was appointed as Managing Director.
Ceased
Bharath Ramraman Sesha ceased to be Additional Director.
Appointed
Angarai Dorairajan Aditya Ratnam was appointed as Director.
Ceased
Angarai Dorairajan Aditya Ratnam ceased to be Additional Director.
Appointed
Harish Chawla was appointed as Whole-Time Director.
Ceased
Harish Chawla ceased to be Additional Director.
Ceased
Susim Mukul Datta ceased to be Director.
Ceased
Dev Kumar Tripathy ceased to be Additional Director.
44 earlier events are in the company report.
News
Frequently asked questions
Philips India is an active public limited company based in Kolkata, West Bengal, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 31 January 1930 (96+ years old) and is registered under CIN U31902WB1930PLC006663.
Philips India has 5 current directors and KMP:
- Bharath Ramraman Sesha - Managing Director
- Harish Chawla - Whole-Time Director
- Angarai Dorairajan Aditya Ratnam - Director
- Indu Ranjit Shahani - Director
- Dev Kumar Tripathy - Cfo
The latest financial statements of Philips India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Philips India is 19AABCP9487A1Z6, registered in West Bengal. The company has 29 GST registrations in all, of which 17 are active and 12 are cancelled or inactive. Other active GSTINs include 03AABCP9487A1ZJ (Punjab), 06AABCP9487A1ZD (Haryana), 07AABCP9487A1ZB (Delhi).
The CIN (Corporate Identification Number) of Philips India is U31902WB1930PLC006663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Philips India has 1,296 court cases on record: 794 filed by the company and 504 filed against it. 141 are pending. Most are in the district courts.
Philips India was incorporated on 31 January 1930, making it 96+ years old. It is registered with the Registrar of Companies, Kolkata.
Indu Ranjit Shahani ceased to be Additional Director on 22 Sep 2025. Indu Ranjit Shahani was appointed as Director on 05 Mar 2025. Bharath Ramraman Sesha was appointed as Managing Director on 01 Sep 2024. Philips India has 31 board changes on record in total.
Philips India has 19 MSME Form 1 returns on record between 2019 and 2023, listing 5,524 overdue payments to 242 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Philips India can be reached through the website philips.co.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Philips India is at Rajarhat. 4A 5th Floor Ecospace Business Park, Premises Aa II Newtown Chakpachuria Kolkata West Bengal – 700156, West Bengal, India – 700156.