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Prices as of 9 Oct 2026 close · Not investment advice

Whirlpool of India Limited

NSE: WHIRLPOOLHousehold Appliances

Share price

₹816.75

-0.78% close of 9 Oct 2026

Market cap ₹10,373 CrP/E 38.1

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

55

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹10,373 Cr

P/E ratio

38.1

P/B ratio

2.5

ROCE

10.7%

ROE

7.7%

Dividend yield

0.6%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹1,420.9052-week low ₹717.70

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 6.0% over the past year, and 9.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 7.1% to 4.8% over the last four years.

Whether it grew faster than its sector

It grew 9.0% a year against a sector median of 11.3% — 2.3 percentage points slower.

Room to re-rate, or risk of de-rating

At 38.1× earnings it costs 1.6× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 65.4×, across 5 companies. It is against its own five-year median of 64.6×, the 18th percentile of its own range.

Whether growth justifies the valuation

Priced at 2.9 times its growth rate, on earnings growth of 13%.

Profit growthPrice per ₹1 profitPer 1% growth
Whirlpool of India Limited — this one13%/yr38.1×₹2.9
LG Electronics India Limited8%/yr65.4×₹8.2
Voltas Limited17%/yr73.0×₹4.3
Blue Star Limited27%/yr60.9×₹2.3
Amber Enterprises India Limited8%/yr110.0×₹13.8
Crompton Greaves Consumer Electricals Limited-10%/yr29.3×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Household Appliances), it ranks 13 of 21 on returns, 17 of 21 on growth, 15 of 21 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 10.7% on capital, ahead of 38% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1847 crore of cash from the business, spent ₹793 crore on plant and equipment, and returned ₹826 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 9 years, about 108 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being waiting 13 days for its cash to waiting 0 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Record revenue up 12%, profit down 30% as costs outran two price rises

Announced 5 Aug 2026 · Consolidated · Unaudited

Revenue

₹2,727 Cr

Revenue vs last year

+12.1%

Revenue vs last quarter

+25.0%

Net profit

₹103 Cr

Profit vs last year

-29.5%

Profit vs last quarter

+28.6%

Net margin

3.8%

EPS

₹8.11

Earnings call transcript · 6 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹10,373 Cr
Prev close
₹816.75
52w High
₹1,437
52w Low
₹706
Enterprise value
₹8,179 Cr
Beta
0.9
Price CAGR 1y
-27.0%
Price CAGR 3y
-20.0%
Price CAGR 5y
-19.0%
Price CAGR 10y
-2.0%

Ratios

Return on assets
4.0%
PEG ratio
2.9
P/E ratio
38.1
P/B ratio
2.5
EV / EBITDA
20.0
Industry P/E
34.1
ROCE
10.7%
ROCE 5y average
10.2%
ROE
7.7%
Debt / Equity
0.1
Interest coverage
9.8
Dividend yield
0.6%
ROE 3y average
8.0%
ROE last year
8.0%

Annual P&L

Annual revenue
₹8,034 Cr
Annual profit
₹295 Cr
Operating margin
6.0%
Net profit margin
3.7%
EBITDA margin
6.0%
Sales growth 3y
6.4%
Sales growth 5y
6.4%
Profit growth 3y
13.0%
Profit growth 5y
-2.0%
EPS
₹23.2
Sales growth TTM
6.0%
Profit growth TTM
-23.0%
Dividend payout
22.0%

Quarter P&L

Sales latest quarter
₹2,727 Cr
Profit latest quarter
₹103 Cr
YoY quarterly sales growth
12.1%
YoY quarterly profit growth
-29.5%
OPM latest quarter
5.1%

Balance Sheet

Book Value
₹328
Face Value
₹10.0
Total debt
₹359 Cr
Total cash
₹2,553 Cr
Borrowings
₹359 Cr
Reserves / Equity
31.8

Cash Flow

Operating cash flow
₹298 Cr
Free cash flow
₹37 Cr
FCF yield
-0.1%
Net cash flow
-₹1,943 Cr

Shareholding

Promoter holding
39.8%
FII holding
12.5%
DII holding
34.2%
Public holding
13.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
LG Electronics1,725.3564.11,17,1120.00652.927.27,233.415.532.3
Voltas1,026.3572.833,9600.38212.852.24,673.518.79.0
Blue Star1,523.4059.231,3230.56102.5-21.03,377.913.321.2
Amber Enterp.6,568.55112.323,1660.003.1-3.43,887.712.710.3
Crompton Gr. Con204.1028.913,1421.44140.312.12,022.511.219.0
V-Guard Industri291.8033.512,7490.50130.376.41,810.723.518.4
Whirlpool India823.6538.310,4500.59102.9-29.42,726.812.110.7
Median515.0033.83,6900.3832.129.3886.017.110.9

Competes with: Amber Enterprises India Limited, BOSCH HOME COMFORT INDIA LIMITED, Bajaj Electricals Limited, Blue Star Limited, Butterfly Gandhimathi Appliances Limited, CARYSIL LIMITED, Crompton Greaves Consumer Electricals Limited, EPACK Durable Limited, Elin Electronics Limited, Eureka Forbes Limited, IFB Industries Limited, LG Electronics India Limited, MIRC Electronics Limited, Orient Electric Limited, Singer India Limited, Stove Kraft Limited, Symphony Limited, TTK Prestige Limited, V-Guard Industries Limited, Voltas Limited, Wonder Electricals Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales2,0391,5221,5361,7342,4971,7131,7052,0052,4321,6471,7742,1812,727
Expenses1,9151,4481,4731,5902,2861,6261,6361,8222,2211,5891,6832,0602,588
Material Cost1,1321,1879368711,0411,427
Change in Inventories-20785-21-89-33135
Purchases of Stock-in-Trade387347135384501343
Employee Cost213221215220212243
Other Expenses298381325296339439
Operating Profit123736314421187691832115891121139
OPM %6.054.814.088.298.455.084.069.138.683.515.135.565.10
Other Income3534364151495147546035369
Exceptional items (within Other Income)709.91-3900
Interest76991011914158101215
Depreciation52494762565251545452515354
Profit before tax99524211419673591621965833110139
Tax %22272930262725262627182726
Net Profit773830791455445119146422780103
EPS in Rs5.902.882.216.12114.103.469.40113.262.096.328.11
Diluted EPS in Rs9.40113.262.096.328.11

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,8325,3985,9935,9006,1976,6686,8307,9198,0348,329
Expenses4,2714,7555,3195,3795,7816,2976,4277,3697,5537,920
Material Cost4,3684,036
Change in Inventories4.74-58
Purchases of Stock-in-Trade8521,367
Employee Cost859868
Other Expenses1,2851,340
Operating Profit561642673521416371403550481409
OPM %1212119766764.90
Other Income86107143106398127145198170185
Exceptional items (within Other Income)7-29
Interest492015161530454545
Depreciation102111129142147185210213209210
Profit before tax541629667470650297307490397339
Tax %353526251325272626
Net Profit351410490352567224224363295252
EPS in Rs28323928451717282320
Diluted EPS in Rs2823
Dividend Payout %141513181129291822

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
6%
3 years
6%
TTM
6%

Compounded profit growth

10 years
—
5 years
-2%
3 years
13%
TTM
-23%

Stock price CAGR

10 years
-2%
5 years
-19%
3 years
-20%
1 year
-27%

Return on equity

10 years
—
5 years
8%
3 years
8%
Last year
8%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital127127127127127127127127127
Reserves1,6692,0192,4372,7313,2313,3933,5623,8234,034
Borrowings00051134112231284359
Other Liabilities1,4291,5661,8372,1392,1422,2682,1652,4892,816
Minority Interest410
Total Liabilities3,2263,7124,4005,0485,6345,9006,0846,7237,335
Fixed Assets4465087097071,8031,9171,9321,9131,960
CWIP3343444176202149203
Investments45665956720700000
Other Assets2,2912,5013,0804,0933,7543,9634,1314,7615,172
Total Assets3,2263,7124,4005,0485,6345,9006,1406,7767,384

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity38440238052498270610571298
Cash from Investing Activity-415-262-72338-459-1016261-2,029
Cash from Financing Activity-46-62-87-75-89-101-117-307-212
Net Cash Flow-7779221786-45068555325-1,943
Free Cash Flow22921675425-709054445238

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days181720232524182434
Inventory Days99961171241141209993103
Days Payable140134143161129131110119128
Cash Conversion Cycle-24-20-7-1410138-39
Working Capital Days-8-73-113161-50
ROCE %32291810891311

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757551515151515151404040
FIIs3.493.646.478.939.489.70111011121112
DIIs131334313131282928363634
Public8.588.738.848.778.018.48109.969.39131314
No. of Shareholders1,14,2841,18,9841,23,1481,04,43693,11089,3931,02,10996,3961,08,1371,25,8691,29,0251,31,028

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -28.6% (₹1,144.10 → ₹816.75)Brick size ₹39.25 (fixed)Bricks 39
₹1,000₹1,200₹1,400₹817Nov '25Jan '26Mar '26May '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹816.75 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

company capacity utilisation %

70.00pct

2026-06-30

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-2,194inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

3,60,00,963inr

2026-03-31

News

News and filings about Whirlpool of India Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Depends on the price of

  • aluminium
  • copper
  • propylene
  • steel

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Household Appliances
Classification
Consumer Durables › Household Appliances
ISIN
INE716A01013

Plants

  • Whirlpool Faridabad Plant
  • Whirlpool Puducherry Plant
  • Whirlpool Pune Plant

News impact

Big market events that reach Whirlpool of India Limited, and how the effect spreads.

28 Sept, 13:11 IST · Market event · high impact

V-Guard appoints Mithun Chittilappilly as chairman

V-Guard named Mithun Chittilappilly chairman, giving its own investors a small confidence lift while rivals, suppliers, and buyers feel no real gain or loss.

Consumer Durables

Who it hits first

  • V-Guard Industries, which makes stabilisers, wires, and home electrical goods, named Mithun Chittilappilly as chairman.
  • The move signals leadership continuity rather than a strategy shift, so the direct effect on sales and costs is small.
  • Investors may treat it as a mild confidence cue for the company's direction over the coming days.

Who may gain

  • V-Guard Industries and its shareholders, through steady leadership and a small investor-confidence lift

Along the supply chain

Downstream

No downstream effect — dealers and buyers see no change in products, prices, or supply from this leadership move.

Upstream

No upstream effect — parts supplier Salzer Electronics gets no new orders from a chairman appointment at V-Guard.

Where demand moves

Business

No fresh business demand — a chairman appointment creates no orders, sales, or contracts for V-Guard or its rivals.

Capital

A touch of investor money may favour V-Guard Industries shares on continuity hopes, while rival makers see no capital-flow reason to move.

How it spreads across sectors

Consumer Durables

Near-zero ripple — one company's chairman move does not shift demand, costs, or pricing for the wider appliances and electricals shelf.

When it plays out

Immediate

1-7 days: V-Guard shares may edge up slightly on the news while rival makers stay flat.

Medium term

1-6 months: the appointment matters only if it brings clearer strategy or stronger execution over time.

Short term

1-4 weeks: any early lift fades unless results or guidance confirm the steady hand.

Who it hits first

  • Air conditioners from makers like Voltas (air conditioner maker) and Blue Star (cooling equipment maker) will cost 5-8% more from October 1 because copper, steel, aluminium, crude-based materials and a weak currency pushed up costs.
  • Price rises for LED TVs, washing machines and refrigerators are also coming, so shoppers will pay more across big home appliances.
  • Makers will protect their profit on each unit with higher prices but risk selling fewer units if shoppers delay purchases.

Who may gain

  • Blue Star (air conditioning maker) — solid returns with ROE 17.21 help it pass on costs and defend margins while volumes wobble.
  • Havells India (electrical and appliance maker) — strong returns with ROE 19.02 and tiny debt with D/E 0.02802 help it absorb the shock.
  • LG Electronics India (TV, fridge, washer and AC seller) — strong returns with ROE 24.71 give it the best cushion to push prices through.

Along the supply chain

Downstream

Shops and online sellers must sell costlier air conditioners, TVs, fridges and washers, and shoppers may delay purchases, pick cheaper models, or choose air coolers instead.

Upstream

Parts makers like Amber Enterprises (air conditioner parts), Dixon Technologies (electronics maker) and PG Electroplast (appliance parts) face softer orders if dearer appliances slow sales, while paying more themselves for copper, steel, aluminium and crude-based plastics.

Where demand moves

Business

Shoppers face higher price tags, so stores may sell fewer air conditioners, TVs, fridges and washers in October; makers collect more money per unit but sell fewer units, and parts makers see softer orders.

Capital

Investors are likely to stay careful on white-goods makers and their parts suppliers until October festival sales show whether buyers accept higher prices, leaning toward stronger names like Havells and Blue Star.

How it spreads across sectors

Chemicals

Suppliers of plastics and resins tied to crude derivatives keep selling to appliance makers for now, but could feel a pinch if higher prices dent appliance volumes.

Consumer Durables

Air conditioner, TV, fridge and washer makers raise prices to cover copper, steel, aluminium and currency costs, trading margin defence for the risk of fewer sales.

A pattern seen before

Cascade chain

Pattern name

Crude Oil Cascade

Patterns

  • Crude Oil Cascade

Sectors queried

  • Cement
  • Chemicals
  • FMCG
  • Power

When it plays out

Immediate

Shops warn buyers about the October 1 rise; some shoppers buy early to beat the 5-8% hike while maker shares wobble on volume worries.

Medium term

If copper, steel, aluminium and currency pressures ease, margins recover without further hikes; if not, makers face another round of rises or weaker sales.

Short term

New 5-8% air conditioner prices land on October 1 and TV, washer and fridge hikes follow; October festival sales reveal whether demand holds.

Who it hits first

  • Whirlpool of India, which makes fridges, washers and air conditioners, jumped 12% today and 33% in 3 days after saying its parent Whirlpool Mauritius is talking to multiple buyers for its remaining stake.
  • This jump for Whirlpool of India is about hopes of a takeover price (a control premium), not about selling more appliances, since it said it is not involved in the parent's sale plans.

Who may gain

  • Current Whirlpool of India shareholders, who see the share price up on buyout hopes
  • Whirlpool Mauritius, the selling parent, which could get a higher price if several buyers compete

Along the supply chain

Downstream

No direct downstream link — dealers and shoppers see no change in products or prices from the parent's stake talks.

Upstream

No direct supply-chain link — parts makers like Amber Enterprises, which supplies components, get no new orders from a mere ownership change.

Where demand moves

Business

No new appliance orders — shops and buyers are not ordering more fridges or washers because of a stake sale talk.

Capital

Investors are buying Whirlpool of India shares betting a new owner pays a high takeover price, pulling short-term trading money into the stock.

How it spreads across sectors

Consumer Durables

Mild sympathy mood only — peers like LG Electronics India and Voltas may see light trading interest on M&A hopes, but no change in sales.

When it plays out

Immediate

Trading stays choppy over 1-7 days as buyers guess who bids and at what price.

Medium term

Once a buyer and price are known in 1-6 months, the stock settles on the deal terms; the appliance business itself is unchanged.

Short term

Price follows news of bidders over 1-4 weeks; if no buyer names appear, the 33% spike can fade.

Who it hits first

  • Voltas Q1FY27 sales milestone validates leadership

Who may gain

  • Voltas direct; Havells (Lloyd), Blue Star, Amber as cluster

Along the supply chain

Downstream

Distribution + dealer network sees revenue lift

Upstream

Compressor (HIM compressor, Mitsubishi imports), copper, aluminium — modest cost pressure

Where demand moves

Business

Hot summer + replacement demand drives AC volumes; channels well-stocked

Capital

Capital allocation favours consumer-discretionary cooling cluster

How it spreads across sectors

Consumer Durables

Strong sector signal — cooling cluster outperforms

Metals & Mining

Marginal demand pull for copper, aluminium

Power

Incremental residential power demand

When it plays out

Immediate

Voltas +4-6% on milestone

Medium term

Continued summer-replacement structural demand

Short term

Q1FY27 results to confirm EBITDA upside

Who it hits first

  • Havells -6% today; further -2-3% as brokerage downgrades continue over 2 weeks
  • Consumer durables sector sentiment weakens

Who may gain

  • Dixon (EMS) indirectly benefits from OEM outsourcing even in weak cycles

Along the supply chain

Downstream

N/A

Upstream

Component suppliers (copper, plastic) see softer demand

Where demand moves

Business

Consumer durables demand soft — HSBC downgrade thesis overlaps

Capital

Rotation out of premium durables into cheaper adjacent plays

How it spreads across sectors

Consumer Durables

Negative — demand concerns spread across names

When it plays out

Immediate

Havells -2-3% more over next week

Medium term

FY27 demand revival critical; monsoon + festive season watch

Short term

Earnings downgrade cycle 2-4 weeks

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

28 Aug 2026unspecified₹5
29 Aug 2025unspecified₹5
26 Jul 2024unspecified₹5
18 Aug 2023unspecified₹5
28 Jun 2022unspecified₹5
29 Jul 2021unspecified₹5
6 Aug 2020unspecified₹5
5 Aug 2019unspecified₹5

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
25 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDSELL16,33,846₹927.76
25 Sep 2026MICROCURVES TRADING PRIVATE LIMITEDBUY16,33,846₹927.17
25 Sep 2026HRTI PRIVATE LIMITEDBUY13,09,378₹920.18
25 Sep 2026HRTI PRIVATE LIMITEDSELL12,67,607₹922.73
25 Sep 2026ALPHAGREP SECURITIES PRIVATE LIMITEDSELL10,33,095₹924.70
25 Sep 2026ALPHAGREP SECURITIES PRIVATE LIMITEDBUY10,33,095₹924.67
25 Sep 2026QE SECURITIES LLPBUY10,04,534₹923.60
25 Sep 2026QE SECURITIES LLPSELL9,85,523₹924.00
25 Sep 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL9,03,406₹926.45
25 Sep 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY9,03,406₹926.09

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.