Whirlpool Mauritius Ltd, the promoter of Whirlpool of India Limited , has confirmed that it did not create any encumbrance on its shareholding during the financial year ended March 31, 2026. The disclosure, submitted on February 4, 2026, assures stakeholders that the promoter and any persons acting in concert have not pledged or otherwise encumbered shares directly or indirectly throughout FY26.

The declaration was filed pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on shares held by them or by persons acting in concert with them. The filing was addressed to the Listing Departments of BSE Limited and National Stock Exchange of India Limited, as well as the Chairman of the Audit Committee of Whirlpool of India Limited.

Key Details of the Disclosure

The confirmation was signed by Scott E. Cartwright, Director of Whirlpool Mauritius Ltd. The document serves as a formal compliance update to the exchanges and the company's audit committee regarding the promoter's holding status.

Whirlpool of India Limited delivered a revenue growth of approximately 7.4% versus the previous year for the quarter ended March 31, 2026, securing the number two position in the T2 segment based on multi-brand outlet volume market share. The company announced that March 2026 marked the highest ever shipment month in its history, surpassing the previous record set in April 2019. This performance was detailed in the investor presentation submitted to the stock exchanges for the conference call held on May 22, 2026.

The company maintained market leadership in direct cool refrigerators and achieved the number two position in top load and semi-automatic washers for the quarter. Front load washer volumes doubled, accompanied by a triple-digit increase in market share. Additionally, the air conditioner segment exceeded 100,000 units in March, with quarterly volume growth surpassing 50%. The Elica performance also remained strong, with revenue increasing by 30% and profit before tax rising by 48%.

Strategic and Operational Highlights

The company focused on premiumisation and new product launches during the period. Key initiatives included the phase-in and phase-out of refrigerators, the launch of new products such as Protton NXT and 9kg steam front load washers, and scaling up air conditioner and front load washer operations. Whirlpool also introduced the BloomWash 11 kg in Juniper Green, featuring new claims like easy removal and no water spillage.

Financial Performance

While specific absolute figures were not disclosed in the presentation, the company noted that margins were impacted by energy changes in refrigerators and air conditioners, as well as an incremental impact from e-waste. Whirlpool reported negative net working capital in its refrigerator and washer segments, with planned investments earmarked for air conditioner net working capital. The company is closely monitoring the supply situation arising from the Middle East conflict.

Conference Call Recording

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the Conference Call for Investors/Analysts for Q4 FY 2025-26 held on May 24, 2026, is available on the company's website.