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Earnings Call

Whirlpool of India Earnings Call: Key Takeaways

Whirlpool of India achieved record March shipments but remains structurally squeezed by regulatory up-charges and aggressive competitive pricing, masking its volume recovery.

Highlights
Revenue growthRevenue grew 7.4% YoY driven by AC and premium laundry segments.
MarginsMargins contracted due to regulatory costs and adverse AC product mix.
Demand visibilityStrong premium demand but entry-level refrigeration remains slow and price-sensitive.
Management confidenceBalanced tone focusing on long-term market share gains over short-term profits.

Growth

Revenue grew 7.4% YoY in Q4, driven by a 50% volume surge in air conditioners and premium washers.

Outlook

FY27 targets aggressive expansion into high-capacity frost-free refrigeration and potential inorganic adjacent category acquisitions.

Risks

Margins are under siege from mandatory e-waste provisions and energy-rating cost up-charges not yet recovered by pricing.

Source

Earnings Call filed with NSE, NSE: WHIRLPOOL. Summary written with AI assistance from the document.

Read the document ↗

Whirlpool of India Ltd: key numbers

Share price
₹918.90
Market cap
₹11,658 Cr
Revenue (annual)
₹8,034 Cr
Net profit (annual)
₹293.8 Cr
P/E (TTM)
46.5×Sector 45.9×
Promoter holding
39.76%+0.00% QoQ
FII holding
12.48%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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