With an illustrious history of 130 years of lighting business, CG retains its“superbrand” status with an overall number two position in India.Two segments:The Lighting business comprises two segments – Light Sources with a widerange of GLS, FTL and CFL and many high end light source products andLuminaires – a large variety of both internal as well as external Luminaires forcommercial and home applications;Product Portfolio: Lighting Luminaires Specialty Lamps Consumer Fixture Product By Application Commercial Luminaire Incandescent / Strip / Channel Type Luminaires. Halogen Fixtures & Accessories CG Fael Luce Control Gears & Industrial Luminaires FTL / CFL CG Lemins-LED Accessories Streetlight Luminaires LED Lamps - Pharox / Luminaires Cromstar Post Top / Landscape HID ( HPSV / HPMV / Luminaires Metal Halide ) Flood Lighting luminaires LED Lighting Luminaires High Mast / Street Lighting PolesCollaborations:withLemnis Lighting of the Netherlands to manufacture LED-based lightsIn outdoor and sports lighting, with Fael Luce of Italy, for providing integratedlighting solutions for outdoor and stadium lighting.Q1 highlights: Healthy order book and Robust Order Intake» Won an order for supply of HIGH MASTLighting comprising poles,automaticcontrol panels for illumination,floodlights, LED aviation lamps, etc» Largest single order in the Industry forInduction lighting for Indian railwaysFY12 growth by 17% beating 12% of industry.3 year strategic agenda: 1. New offerings in premium segment and successful integration 2. Global sourcing 3. Manufacturing footprint for additional capacity 4. Continuous improvement through Six sigma and sustainability programMarkets to remain difficult in india
Jun 2012Rs in croresSales 1659.17Reported Profit After Tax 84.94Raw Material 888.60Consumer productsSales6,521EBIT 834Raw material 18,756 million consolidated..(23.1 % CG..10% is lighting)Current ratio 1.52Quick Ratio 1.28Inventory Turnover Ratio 15.24DTR 4Cash Conversion days...(5) for 2012 and expected tobe (12) for 2013Rising debt due to acquisitions and decline inoperating marginsCGÕ S LIGHTING also retained its„Superbrand‟ status for the fifth consecutiveyear, with an overall number two position inIndia. CG‟s lighting business grew by 17%in FY2012, compared to an overall marketgrowth of 12% Ñ resulting in the Companyincreasing its overall market share. InFY2011, CG was the first in India to producea highly energy efficient light emitting diode(LED) lamp with an average life of 50,000burning hours, and consuming only 5 wattsof power to produce the light of a 40 wattbulb. FY2012 saw the Company pushinghard to make inroads with LED lamps andstreet lighting. It did so successfully: (i)by selling over 40,000 LED street lightingunits; and (ii) by winning an LED streetlighting contract from the Government ofPunjab for 9,500 units. The business wonanother special project Ñ that of puttingup 1,500 LED-based luminaires across theRiver Sabarmati in Ahmedabad, Gujarat.In FY2012, CG continued to enjoy industryleadership in high intensity discharge lampsused for public lighting. This business hastaken a leadership position in LED luminaires,with the introduction of full range of downlighters, office lighting tiles and industrialluminaires Ñ apart from the alreadyintroduced outdoor range. The green initiativehas led to the business having achievedthe lowest consumption of mercury in themanufacturing of lamps at its integrated unitat Baroda.
Philips India : double digit growth..13% sales growthKey Business AreasLampsProfessional Luminaires & SystemsHome Luminaires & SystemsLighting Systems & ControlsAutomotiveLumiledsSpecial Lighting ApplicationsPotential :Currently, the Indian home decorative lighting market alone is pegged at Rs 1,500 crore, of which 90 percent is unorganised. Philips Lighting India, a division of consumer electronics major Philips Electronics India, is planning to expand its retail presence across the country by doubling the Philips Light Lounges, its single store format, and Philips Light Shoppe, its multi-brand store format, to 150 and 1,500 respectively over the next three years. Speaking to Business Standard after launching the company‟s second Philips Light Lounge in Hyderabad on Thursday, Philips Lighting India president NirupamSahay said, “Currently, we have 70 Lighting Lounges and 723 Light Shoppes across 40 cities in the country. As part of our aggressive expansion plan, we will increase our geographical reach to 60 cities, double the retail presence and create awareness through many campaigns and branding activities.”According to Frost & Sullivan, street lighting is by far the biggest market segment for LED-based lightingdue to its clear advantages and relevance of application. Philips has already bagged a few good projectsfor its existing range of LED street lighting solution and this includes: Kolkata Municipal Corporation,Pune Municipal Corporation, Bhatinda Development Authority, Amritsar Municipal Corporation, Pune-Chinchwad Municipal Corporation and Haldia Development Authority.Philips Lighting, the leading lighting company in India, today unveiled its breakthrough LED streetlighting solution – Philips GreenLine Smart, which makes the roads safer and environment-friendly in themost cost-effective manneDecorative lightingThe Rs.8,000 crore lighting market is growing at 12 to 14 percent growth rate per annum. Decorative lightingcontributes to almost 6 percent of this market.Philips has launched a new concept of light lounges. These are experience zones where customers can see,touch and feel the diverse range of home decorative lighting concepts like Living Colors, Ecomoods, Kidsplace,Ledino and Aquafit.The firm has opened 80 exclusive outlets in three years. The products at these lounges range from Rs.1,000 toRs.1,00,000 depending upon the luminaire a customer wants.According to Joshi, the decorative lighting particularly is growing at 60 percent per annum with increasingdisposable income of consumers and rise interest in decorative housing.The company has also launched its new campaign titled - ZindagikiRaunak - which shifts the focus from just thefunctional aspects of lighting to the emotional benefit that the category brings to the consumers life.Global consumer durables major Philips is exploring possibilities, including acquisitions, to startproducing automotive lighting solutions in India as it aims to double revenue to over Rs 300 crorefrom the country by 2015.We are currently producing general lighting solutions from two facilities at Mohali and Vadodara.Now we are looking at options to have a facility to manufacture automotive lights in India,” PhilipsElectronics India director (automotive lighting) Sameer Sodhi told PTI.
The company is at present evaluating various options such as setting up a greenfield unit, rolling out products from the existing lights making factories or acquiring a potential manufacturer of automotive lights producer, he added. Currently, the company sells its automotive lights by importing from China, France, Germany and Poland. When asked about the sales of the automotive lights, Sodhi said the lighting division of Philips had a turnover of about Rs 2,000 crore in India last year and the automotive lights contributed around 8 per cent, which is Rs 160 crore.We are looking to double this (sales of the automotive lights) by 2015 The company sells its products to both vehicle makers as well as after-market. While the firm enjoys about 35% share in the Rs 350 crore OEM market, it has a market share of 40 per cent in the Rs 150 crore Indian lighting after-market. Sodhi said the lighting division of Philips has introduced car interior air cleaning system and day- time lights in India. (Livemint.com) http://www.newscenter.philips.com/main/corpcomms/resources/corporate/Q2_2012/presentation _2Q12.pdf In 2012 Philips Lighting will continue to progress on the following key trajectories designed to accelerate performance and achieve our mid-term targets: Implement Accelerate! transformation Accelerate transformation to LED, applications and solutions Strengthen performance management and execution Address cost base, margin management and working capital Deliver on turnaround of Consumer Luminaires and Lumileds Deliver on EcoVision sustainability commitmentsPhilips Lighting India, a division of consumer electronics major Philips Electronics India, is planning to expand itsretail presence across the country by doubling the Philips Light Lounges, its single store format, and Philips LightShoppe, its multi-brand store format, to 150 and 1,500 respectively over the next three years. Speaking to Business Standard after launching the company‟s second Philips Light Lounge in Hyderabad on Thursday, Philips Lighting India president NirupamSahay said, “Currently, we have 70 Lighting Lounges and 723 Light Shoppes across 40 cities in the country. As part of our aggressive expansion plan, we will increase our geographical reach to 60 cities, double the retail presence and create awareness through many campaigns and branding activities.”Currently, the Indian home decorative lighting market alone is pegged at Rs 1,500 crore, of which 90 per cent is unorganized Lighting, at present , accounts for nearly 58 per cent of the company’s turnover, while healthcare and consumer lifestyle segments contribute over 18 and 15 per cent to its top- line.According to Joshi, the decorative lighting particularly is growing at 60 percent per annum with increasing disposable income of consumers and rise interest in decorative housing