Whirlpool
804.05
-5.60(-0.69%)
Market Cap₹10,201.13 Cr
PE Ratio29.20
Company Performance:
1D-0.69%
1M-13.11%
6M-41.42%
1Y-49.59%
5Y-67.48%
View Company Insightsright
More news about Whirlpool
28Oct 25
Whirlpool of India Shareholders Approve Articles of Association Amendment
Whirlpool of India Limited secured shareholder approval to amend its Articles of Association through a postal ballot. The special resolution passed with 99.995% votes in favor, removing Articles 4, 4A, and 108A. These changes eliminate provisions related to Financial and Technical Collaboration Agreements with Whirlpool, trademark usage conditions, and ICICI nominee directors. The amendments align with changes in Whirlpool's shareholding structure and aim to ensure business continuity.
16Oct 25
Whirlpool of India Inks Strategic Agreements with Parent Company, Amends Articles of Association
Whirlpool of India Limited has signed five strategic agreements with its parent company, Whirlpool Corporation, and affiliates. These include a 30-year Brand License Agreement, a Technology License Agreement, a Services Agreement, a Transitional Services Agreement, and an Intellectual Property Assignment. The agreements involve significant financial commitments, including royalties and service charges. The company has also approved amendments to its Articles of Association, removing provisions linked to Whirlpool Corporation's 51% shareholding requirement, suggesting potential changes in ownership structure.
10Sept 25
Bain Capital Exits Whirlpool India Stake Acquisition Race, EQT Group Sole Bidder
Bain Capital has withdrawn from the bidding process for a 31% stake in Whirlpool of India, leaving EQT Group as the only contender. Negotiations are reportedly proceeding at a lower valuation than initially expected. The outcome of these exclusive talks between Whirlpool of India and EQT Group could significantly impact the company's future and the Indian home appliance market.
26Jul 25
Whirlpool of India Reports Steady Q1 Performance with ₹2,317 Crore Revenue
Whirlpool of India Limited announced its Q1 FY2026 results, showing resilience in a competitive market. On a standalone basis, revenue decreased by 2.8% to ₹2,317.47 crores, while net profit increased marginally by 0.8% to ₹135.07 crores. Consolidated revenue stood at ₹2,432.32 crores with a net profit of ₹146.08 crores. The company maintained profitability despite challenging market conditions, suggesting effective cost management and operational efficiency.
09Jul 25
Whirlpool of India: Significant Block Trade Worth Rs. 50.92 Crores on NSE
A significant block trade of 380,092 shares of Whirlpool of India Ltd. occurred on the National Stock Exchange (NSE). The transaction was valued at Rs. 50.92 crores, with shares trading at Rs. 1,339.60 each. This large-scale trade has drawn attention from market observers, potentially indicating moves by institutional investors or major shareholders. The impact on trading volumes and price movements will be closely monitored in the coming days.
20Jun 25
Whirlpool of India Attracts Potential Buyers for Controlling Stake
Whirlpool of India, a leading home appliance manufacturer, has reportedly drawn interest from several high-profile potential buyers seeking a controlling stake. The list of interested parties includes Havells India Ltd, Reliance Retail, and unnamed private equity firms. This development could lead to significant changes in the company's ownership and control structure, potentially affecting its business strategy, market focus, and future expansion plans. No official confirmation or details about ongoing negotiations have been provided by Whirlpool of India or the potential acquirers.
21May 25
Whirlpool of India Reports Strong Q4 Results with 53% Profit Surge
Whirlpool of India announced strong Q4 results with consolidated net profit rising 53% to 1.19 billion rupees. Revenue increased 15.6% to 20.05 billion rupees. Profit before tax grew 16.5% to 1.55 billion rupees. The board recommended a final dividend of 5 rupees per equity share. Q4 profit nearly tripled compared to the previous quarter, indicating robust recovery and positive momentum.
20May 25
Whirlpool of India: Q4 Profit Surges 54%, Declares ₹5 Dividend
Whirlpool of India posted impressive Q4 results with revenue rising to ₹2,004.70 crore, up 15.61% year-over-year. Net profit surged 53.61% to ₹119.20 crore, while EBITDA increased by 27.15% to ₹183.10 crore. The company's board recommended a final dividend of ₹5 per equity share.
29Apr 25
Whirlpool of India's Share Price Surges on Potential Stake Sale by Parent Company
Whirlpool Corporation is exploring the sale of up to 31% stake in Whirlpool of India, aiming to raise $550-600 million while retaining a 20% interest. The news caused Whirlpool of India's share price to surge by nearly 11%. Private equity firms including Advent International, Bain Capital, and TPG have been approached as potential buyers. This move could lead to significant changes in ownership structure and management control of the Indian subsidiary.
26Mar 25
Whirlpool of India Shares Tumble as Parent Plans Major Stake Reduction
Whirlpool Corporation plans to reduce its stake in Whirlpool of India from 51.00% to approximately 20.00% by mid to late 2025. This announcement has caused Whirlpool of India's stock to drop nearly 50.00% from recent highs, with the company now trading at less than 30 times earnings, significantly below its historical average of 45 times. This follows a previous 24.00% stake sale last year, indicating a continued divestment strategy.
04Mar 25
Whirlpool India Forms Committee to Address Parent Company's Potential Stake Reduction
Whirlpool India has established a dedicated committee to assess the implications of its parent company's announced potential sell-down. The committee, comprising key board members, will review and recommend actions, evaluate contractual relationships, and assess transition plans. The company has engaged M/s. AZB & Partners for legal assistance. This move signals Whirlpool India's proactive approach to address potential changes in its ownership structure, with potential impacts on its operations and market position in the Indian home appliance sector.
Whirlpool
804.05
-5.60
(-0.69%)
1 Year Returns:-49.59%
Industry Peers
LG Electronics
1,392.70
(-0.44%)
Voltas
1,437.30
(-1.60%)
Blue Star
1,811.60
(+1.03%)
Amber Enterprises
6,135.50
(-0.16%)
Crompton Greaves
255.00
(+0.87%)
V-Guard Industries
303.40
(-3.08%)
Eureka Forbes
573.30
(+0.61%)
Whirlpool
804.05
(-0.69%)
TTK Prestige
599.45
(+0.82%)
Symphony
907.10
(+0.22%)