Whirlpool of India Ltd

Whirlpool of India Ltd

₹ 2,001 0.69%
15 Jul 1:03 p.m.
About

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

Key Points

Product Portfolio
The company's product portfolio includes various types of refrigerators, washing machines, air conditioners, microwave ovens, built-in and small appliances, etc.[1]

  • Market Cap 25,384 Cr.
  • Current Price 2,001
  • High / Low 2,199 / 1,186
  • Stock P/E 111
  • Book Value 291
  • Dividend Yield 0.25 %
  • ROCE 9.29 %
  • ROE 6.37 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 23.1%

Cons

  • Stock is trading at 6.88 times its book value
  • Promoter holding has decreased over last quarter: -24.0%
  • The company has delivered a poor sales growth of 4.82% over past five years.
  • Company has a low return on equity of 7.25% over last 3 years.
  • Earnings include an other income of Rs.145 Cr.

* 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
1,779 1,341 1,607 1,542 1,707 2,081 1,612 1,302 1,673 2,039 1,522 1,536 1,734
1,590 1,285 1,478 1,459 1,559 1,949 1,523 1,258 1,567 1,915 1,448 1,473 1,590
Operating Profit 190 55 129 83 148 132 89 44 106 123 73 63 144
OPM % 11% 4% 8% 5% 9% 6% 6% 3% 6% 6% 5% 4% 8%
19 16 351 18 13 32 22 41 32 35 34 36 41
Interest 0 4 6 2 5 3 3 4 6 7 6 9 9
Depreciation 36 33 33 38 44 47 42 45 52 52 49 47 62
Profit before tax 173 35 442 61 113 114 67 36 80 99 52 42 114
Tax % 25% 27% 6% 28% 25% 26% 27% 26% 20% 22% 27% 29% 30%
130 26 413 44 84 85 49 27 64 77 38 30 79
EPS in Rs 10.25 2.01 32.57 3.46 6.61 6.60 3.78 1.95 4.94 5.90 2.88 2.21 6.12
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
4,832 5,398 5,993 5,900 6,197 6,668 6,830
4,271 4,755 5,319 5,379 5,781 6,297 6,427
Operating Profit 561 642 673 521 416 371 403
OPM % 12% 12% 11% 9% 7% 6% 6%
86 107 143 106 398 127 145
Interest 4 9 20 15 16 15 30
Depreciation 102 111 129 142 147 185 210
Profit before tax 541 629 667 470 650 297 307
Tax % 35% 35% 26% 25% 13% 25% 27%
351 410 490 352 567 224 224
EPS in Rs 27.64 32.30 38.64 27.73 44.64 17.26 17.11
Dividend Payout % 14% 15% 13% 18% 11% 29% 29%
Compounded Sales Growth
10 Years: %
5 Years: 5%
3 Years: 5%
TTM: 2%
Compounded Profit Growth
10 Years: %
5 Years: -11%
3 Years: -13%
TTM: 5%
Stock Price CAGR
10 Years: 19%
5 Years: 4%
3 Years: -3%
1 Year: 38%
Return on Equity
10 Years: %
5 Years: 10%
3 Years: 7%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 127 127 127 127 127 127 127
Reserves 1,669 2,019 2,437 2,731 3,231 3,393 3,562
0 0 0 51 134 112 53
1,429 1,566 1,837 2,139 2,142 2,268 2,399
Total Liabilities 3,226 3,712 4,400 5,048 5,634 5,900 6,140
446 508 709 707 1,803 1,917 1,932
CWIP 33 43 44 41 76 20 21
Investments 456 659 567 207 0 0 0
2,291 2,501 3,080 4,093 3,754 3,963 4,187
Total Assets 3,226 3,712 4,400 5,048 5,634 5,900 6,140

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 18 17 20 23 25 24 18
Inventory Days 99 96 117 124 114 120 99
Days Payable 140 134 143 161 129 131 114
Cash Conversion Cycle -24 -20 -7 -14 10 13 3
Working Capital Days -8 -7 6 0 14 18 4
ROCE % 32% 29% 18% 10% 8% 9%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 51.00%
2.65% 2.66% 3.13% 2.84% 2.76% 3.04% 3.11% 3.20% 3.31% 3.49% 3.64% 6.47%
11.29% 11.29% 11.42% 11.91% 12.54% 12.50% 12.44% 12.35% 12.47% 12.93% 12.63% 33.68%
11.06% 11.05% 10.45% 10.25% 9.70% 9.45% 9.44% 9.43% 9.23% 8.58% 8.73% 8.84%
No. of Shareholders 1,10,0771,12,1301,26,0601,40,1401,39,6241,25,5841,26,2191,26,3611,24,5071,14,2841,18,9841,23,148

* 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.

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