Philips Domestic Appliances India Unlisted Shares

Company Presentation

Back to All Presentations View Philips Domestic Appliances India Unlisted Shares Details

Presentation Summary

Versuni Overview and Key Details

Versuni India Home Solutions Ltd, formerly known as Philips Domestic Appliances India Ltd, was established on July 1, 2021, after the demerger of the domestic appliances business from Philips India Ltd. Its product range includes kitchen appliances (juicers, air fryers, food processors, coffee machines), home care products (vacuum cleaners, air purifiers), garment care (irons), personal care items (face shavers), and electronics (TVs, monitors, projectors, headphones, speakers).

Investment Rationale: The company benefits from the legacy and brand recognition of Philips. Versuni offers a wide range of products catering to various consumer needs, enhancing cross-selling opportunities. It also has a debt-to-equity ratio of 0 and an ROE of 36.28%, indicating efficient utilization of shareholder funds.

Key Risks: As an unlisted entity, there is limited access to detailed financial and operational data. The consumer durables market is highly competitive, with numerous established players. While the association with Philips is beneficial, any changes in branding or licensing agreements could impact the company's market position.

Financial Performance: The company's financials for FY21-FY24 are as follows (in Cr.): Revenue increased from 1247 in FY21 to 1745 in FY24. EBITDA grew from 90 in FY21 to 184 in FY24. PAT increased from 75 in FY21 to 121 in FY24. EPS rose from 13.04 in FY21 to 21.04 in FY24.

Valuation Metrics: Last deal price was ₹585/share (24 Apr 2025) with an implied market cap of ₹3365 Cr. P/E Ratio is 27.8 and P/B Ratio is 9.8. Debt-to-Equity Ratio is 0 and Return on Equity is 36.28%.

Shareholding Pattern: Versuni Holding B.V. holds 96% and others hold 4%.

IPO Timeline & Exit Options: Investors can explore buying or selling shares through private deals facilitated by platforms specializing in unlisted shares. The company may offer buyback options to existing shareholders, subject to regulatory approvals. Investors can await a potential public listing, which would provide liquidity and market-driven valuation.

UnlistedZone View: Versuni India Home Solutions Ltd presents an opportunity to invest in a company with a strong brand legacy and a diverse product portfolio in the consumer durables sector. However, potential investors should exercise caution due to the no IPO plan by management and limited public information. Engaging in thorough due diligence and considering the inherent risks associated with unlisted investments is advisable. Rating: Hold with a long-term perspective. Target Valuation Post-IPO: Subject to market conditions and company performance.

Company Resources

Access essential information and documents to make informed investment decisions

Events

Stay updated with upcoming events, conferences, and announcements

Financial Reports

Access quarterly and half-yearly financial statements and reports

Annual Reports

Download comprehensive annual reports and financial summaries

Presentations

Access investor presentations, corporate briefings, and slideshows

Currently viewing

Our Blogs

Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.

NSDL Unlisted Shares SWOT Analysis

NSDL, India’s pioneering depository, combines institutional dominance with robust digital public infrastructure capabilities. As it approaches listing, its strengths in high-margin revenues and regulatory trust are offset by retail underpenetration and emerging fintech threats.

NSDL Pre-IPO Price Band Analysis: Projecting Listing Valuations Across P/E Scenarios

NSDL’s pre-IPO grey-market valuation implies a 63.3× trailing P/E, but actual listing prices could swing widely depending on investor confidence, regulatory clarity, and execution on digital and banking ventures. Scenario modeling across 55× to 75× forward P/E multiples shows a potential price range of ₹1,103–₹1,504, offering a roadmap for assessing risk-adjusted upside.

Unlisted NSDL Shares vs CDSL: Do Future Earnings Justify the Valuation?

NSDL’s rich unlisted valuation reflects its institutional edge, digital infrastructure revenues, and upside from its Payments Bank, but post-IPO, some premium may normalize. With CDSL riding strong retail growth and expanding fintech partnerships, the valuation gap could narrow as earnings converge over FY26–27.

Can NSE Be the Next Big Story on Its Listing, Similar to BSE?

NSE’s upcoming IPO has investors drawing parallels with BSE’s explosive post-listing returns, backed by its FY25 financial strength, market dominance, and rising retail interest. With key governance issues addressed, NSE’s listing could unlock significant shareholder value—potentially outpacing BSE’s success.

NSE Unlisted Shares: Do They Fit Warren Buffett’s Toll Road Investment Framework?

The NSE’s FY25 performance exemplifies Warren Buffett’s toll road investment philosophy, showcasing dominant market share, recurring revenues, high margins, and systemic indispensability. Its monopoly-like presence in India’s financial ecosystem makes it a resilient, high-quality long-term asset.

NSE vs BSE: FY25 Financial Performance Analysis

In FY25, NSE outpaced BSE across all key financial metrics, driven by its dominance in derivatives, diversified revenue streams, and superior cost efficiency. While BSE showed growth in mutual funds and SME platforms, it continues to trail NSE in scale and profitability.