Whirlpool of India reports FY26 net profit of ₹29,530 lacs

1 min read     Updated on 19 Jun 2026, 04:08 AM
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Naman SScanX News Team
AI Summary

Whirlpool of India reported a consolidated net profit of ₹29,530 lacs for FY26, with revenue from operations at ₹803,420 lacs. The board recommended a final dividend of ₹5 per share. The company fully acquired its subsidiary, Elica PB Whirlpool Kitchen Appliances Private Limited, during the quarter.

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Whirlpool of India reported a consolidated net profit of ₹29,530 lacs for the financial year ended March 31, 2026. The company's board has recommended a final dividend of ₹5 per equity share of ₹10 each, aggregating to ₹6,344 lacs, subject to shareholder approval at the upcoming Annual General Meeting.

The standalone net profit for the year stood at ₹24,223 lacs, while consolidated revenue from operations rose to ₹803,420 lacs. For the quarter ended March 31, 2026, the company posted a consolidated net profit of ₹8,050 lacs on revenue of ₹218,077 lacs. The results were reviewed by the Audit Committee and approved by the Board in their meeting held on May 20, 2026.

Financial Performance

The company's financial results for the quarter and year ended March 31, 2026, are detailed below:

Metric Consolidated (Q4FY26) Consolidated (FY26)
Revenue from operations ₹218,077 lacs ₹803,420 lacs
Total Income ₹223,384 lacs ₹823,339 lacs
Total Expenses ₹212,401 lacs ₹780,783 lacs
Net Profit ₹8,050 lacs ₹29,530 lacs
Basic EPS (₹) 6.32 23.15

Operational Highlights

During the quarter ended March 31, 2026, whirlpool acquired an additional 3.18% shareholding in its subsidiary, Elica PB Whirlpool Kitchen Appliances Private Limited, for a consideration of ₹5,856 lacs. This acquisition increased the company's total shareholding in the subsidiary to 100%. The consolidated financial results include the performance of this subsidiary.

The company recorded an exceptional item of ₹991 lacs in both standalone and consolidated results, representing the final tranche of an insurance claim received against a fire loss at a Delhi warehouse in March 2024. Additionally, the Group accrued an incremental impact of ₹3,884 lacs (₹3,341 lacs standalone) related to the implementation of new Labour Codes effective November 21, 2025, disclosed as an exceptional item in the unaudited results for the quarter ended December 31, 2025.

Corporate Governance

The statutory auditors, S.R. Batliboi & Co. LLP, issued an audit report on the standalone and consolidated financial results pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report confirms that the results give a true and fair view of the company's financial performance. The statement of assets and liabilities and cash flows for the year ended March 31, 2026, have also been disclosed.

Historical Stock Returns for Whirlpool

1 Day5 Days1 Month6 Months1 Year5 Years
-1.55%+3.33%-7.02%-14.12%-41.80%-63.85%

How will the full acquisition of Elica PB Whirlpool Kitchen Appliances impact Whirlpool of India's margins and market share in the kitchen appliances segment?

What is the expected financial impact of the new Labour Codes on the company's operational costs starting from the next fiscal year?

How does the company plan to utilize its strong cash flow to drive growth or further consolidation in the competitive home appliance market?

RBC Capital lowers Whirlpool price target to $30

0 min read     Updated on 16 Jun 2026, 08:31 PM
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Radhika SScanX News Team
AI Summary

RBC Capital analyst Mike Dahl maintained an Underperform rating on Whirlpool and lowered the price target to $30 from $32.

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RBC Capital analyst Mike Dahl maintained an Underperform rating on Whirlpool and lowered the price target to $30 from $32.

The adjustment reflects a revised outlook on the stock's performance potential.

Historical Stock Returns for Whirlpool

1 Day5 Days1 Month6 Months1 Year5 Years
-1.55%+3.33%-7.02%-14.12%-41.80%-63.85%

What specific factors led to the revised outlook on Whirlpool's performance potential?

How might Whirlpool's competitors respond to this downgrade in the near term?

What are the potential risks or opportunities for Whirlpool in the current economic environment?

More News on Whirlpool

1 Year Returns:-41.80%