Whirlpool of India Ltd

Whirlpool of India Ltd

₹ 1,340 -0.76%
07 Nov - close price
About

Whirlpool of India Ltd is one of the leading manufacturers and marketers of major home appliances in the country.[1]

Key Points

Parent Company
Promoted by Whirlpool Corporation, USA, the company is a leading global kitchen and laundry appliances manufacturer. Its brand portfolio includes Whirlpool, KitchenAid, Maytag, Consum, Brastemp, and Amana. In 2023, it reported sales of approximately $19 billion and operates 55 manufacturing and technology research centers. [1]

  • Market Cap 17,001 Cr.
  • Current Price 1,340
  • High / Low 2,099 / 899
  • Stock P/E 50.2
  • Book Value 321
  • Dividend Yield 0.37 %
  • ROCE 12.6 %
  • ROE 9.26 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 25.3%

Cons

  • Stock is trading at 4.17 times its book value
  • The company has delivered a poor sales growth of 5.73% over past five years.
  • Company has a low return on equity of 7.39% over last 3 years.
  • Earnings include an other income of Rs.211 Cr.
  • Promoter holding has decreased over last 3 years: -24.0%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
1,612 1,302 1,673 2,039 1,522 1,536 1,734 2,497 1,713 1,705 2,005 2,432 1,647
1,523 1,258 1,567 1,915 1,448 1,473 1,590 2,286 1,626 1,636 1,822 2,221 1,589
Operating Profit 89 44 106 123 73 63 144 211 87 69 183 211 58
OPM % 6% 3% 6% 6% 5% 4% 8% 8% 5% 4% 9% 9% 4%
22 41 32 35 34 36 41 51 49 51 47 54 60
Interest 3 4 6 7 6 9 9 10 11 9 14 15 8
Depreciation 42 45 52 52 49 47 62 56 52 51 54 54 52
Profit before tax 67 36 80 99 52 42 114 196 73 59 162 196 58
Tax % 27% 26% 20% 22% 27% 29% 30% 26% 27% 25% 26% 26% 27%
49 27 64 77 38 30 79 145 54 45 119 146 42
EPS in Rs 3.78 1.95 4.94 5.90 2.88 2.21 6.12 11.34 4.10 3.46 9.40 11.49 3.26
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
4,832 5,398 5,993 5,900 6,197 6,668 6,830 7,919 7,789
4,271 4,755 5,319 5,379 5,781 6,297 6,427 7,369 7,268
Operating Profit 561 642 673 521 416 371 403 550 521
OPM % 12% 12% 11% 9% 7% 6% 6% 7% 7%
86 107 143 106 398 127 145 198 211
Interest 4 9 20 15 16 15 30 45 47
Depreciation 102 111 129 142 147 185 210 213 210
Profit before tax 541 629 667 470 650 297 307 490 475
Tax % 35% 35% 26% 25% 13% 25% 27% 26%
351 410 490 352 567 224 224 363 352
EPS in Rs 27.64 32.30 38.64 27.73 44.64 17.26 17.11 28.30 27.61
Dividend Payout % 14% 15% 13% 18% 11% 29% 29% 18%
Compounded Sales Growth
10 Years: %
5 Years: 6%
3 Years: 9%
TTM: 4%
Compounded Profit Growth
10 Years: %
5 Years: -6%
3 Years: 7%
TTM: 8%
Stock Price CAGR
10 Years: 8%
5 Years: -9%
3 Years: -4%
1 Year: -35%
Return on Equity
10 Years: %
5 Years: 9%
3 Years: 7%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 127 127 127 127 127 127 127 127 127
Reserves 1,669 2,019 2,437 2,731 3,231 3,393 3,562 3,823 3,952
-0 -0 -0 51 134 112 231 284 63
1,429 1,566 1,837 2,139 2,142 2,268 2,165 2,489 2,388
Total Liabilities 3,226 3,712 4,400 5,048 5,634 5,900 6,084 6,723 6,530
446 508 709 707 1,803 1,917 1,932 1,913 1,863
CWIP 33 43 44 41 76 20 21 49 67
Investments 456 659 567 207 -0 -0 -0 -0 -0
2,291 2,501 3,080 4,093 3,754 3,963 4,131 4,761 4,600
Total Assets 3,226 3,712 4,400 5,048 5,634 5,900 6,084 6,723 6,530

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
384 402 380 524 98 270 610 571
-415 -262 -72 338 -459 -101 62 61
-46 -62 -87 -75 -89 -101 -117 -307
Net Cash Flow -77 79 221 786 -450 68 555 325

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 18 17 20 23 25 24 18 24
Inventory Days 99 96 117 124 114 120 99 93
Days Payable 140 134 143 161 129 131 110 119
Cash Conversion Cycle -24 -20 -7 -14 10 13 8 -3
Working Capital Days -8 -7 6 -1 13 16 1 -5
ROCE % 32% 29% 18% 10% 8% 9% 13%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
75.00% 75.00% 75.00% 75.00% 75.00% 51.00% 51.00% 51.00% 51.00% 51.00% 51.00% 51.00%
3.11% 3.20% 3.31% 3.49% 3.64% 6.47% 8.93% 9.48% 9.70% 10.72% 10.29% 11.12%
12.44% 12.35% 12.47% 12.93% 12.63% 33.68% 31.30% 31.49% 30.81% 28.11% 28.73% 28.49%
9.44% 9.43% 9.23% 8.58% 8.73% 8.84% 8.77% 8.01% 8.48% 10.17% 9.96% 9.39%
No. of Shareholders 1,26,2191,26,3611,24,5071,14,2841,18,9841,23,1481,04,43693,11089,3931,02,10996,3961,08,137

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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