Philips Domestic Appliances India Limited, a notable name in the consumer durables sector, presents a unique investment opportunity through its unlisted shares. The company, established as a wholly-owned subsidiary of Philips India Limited on July 17, 2020, has been at the forefront of the domestic appliances business, following its demerger from Philips India effective from July 1, 2021.

Demerger and Corporate Structure:

The demerger, sanctioned by the Hon’ble National Company Law Tribunal in both Mumbai and Kolkata, was a strategic move to enhance focus and growth in the domestic appliances sector. This separation led to the formation of Philips Domestic Appliances India Limited, which operates alongside Preethi Kitchen Appliances Private Limited. Post-demerger, shareholders of Philips India were allocated one equity share in Philips Domestic Appliances India Limited for each share held, a decision that underlines the company's commitment to maintaining shareholder value.

Business Model and Product Portfolio:

Philips Domestic Appliances India Limited has carved a niche for itself in the distribution and sale of a wide range of consumer products. The company's diverse portfolio includes kitchen appliances such as juicers, air fryers, food processors, and coffee machines; home care products like vacuum cleaners and air purifiers; garment care products including irons; and personal care items like face shavers. Additionally, the company has expanded into the electronics segment with offerings such as TVs, monitors, projectors, headphones, and speakers. This extensive range of products positions Philips Domestic Appliances as a comprehensive provider in the consumer goods market.

Financials and Market Presence:

As of March 31, 2022, the company's paid-up capital stands at INR 57.5 Crores, divided into 5.75 Crores Equity Shares of Rs.10/- each. The strategic demerger and focused business approach have positioned Philips Domestic Appliances India Limited for potential growth and profitability in the highly competitive consumer durables market.

Investment in Philips Domestic Unlisted Share:

Investing in Philips Domestic's unlisted shares represents an opportunity to be part of a company with a strong heritage, a diverse product portfolio, and a solid market presence. As the company continues to innovate and expand its product range, investors looking at long-term growth prospects in the consumer durables sector may find Philips Domestic Appliances an attractive proposition.