Whirlpool Of India

₹1431 -3 | 0.2%

WEBSITE BSE:500238 NSE : WHIRLPOOL 09 Jun, 12:32

Market Cap ₹18116 Cr.

Stock P/E 82.8

P/B 5.2

Current Price ₹1431

Book Value ₹ 277.5

Face Value 10

52W High ₹1905.1

Dividend Yield 0.35%

52W Low ₹ 1218.2

Edit Ratio

Whirlpool Of India Research see more...

Overview Inc. Year: 1960Industry: Consumer Durables - Domestic Appliances

Whirlpool of India Ltd is an totally India-based producer of domestic home equipment. The Company is in general engaged in manufacturing and buying and selling of Refrigerators, Washing Machines, Air Conditioners, Microwave Ovens and small home equipment and caters to both domestic and worldwide markets. It provides services in the vicinity of product improvement, and procurement services to Whirlpool Corporation, The United States and other group businesses. The Company additionally offers Water Purifiers, Built-In Appliances and Induction cooktop. The Company gives add-ons for Refrigerators, Washing Machines, Air Conditioners, Microwave Ovens and Water Purifiers. It gives Surge Protector and Affresh Accessories. Its plants are positioned at Faridabad, Haryana; Rajangaon, Pune, and Thirubhuvanai Village, Puducherry.

Whirlpool Of India Share Price

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Whirlpool Of India Quarterly Results

#(Fig in Cr.)	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Net Sales	1494	1779	1341	1607	1542	1707	2081	1612	1302	1673
Other Income	28	13	14	18	18	13	32	22	41	32
Total Income	1522	1793	1355	1625	1560	1720	2113	1634	1343	1705
Total Expenditure	1393	1590	1285	1478	1459	1559	1949	1523	1258	1567
Operating Profit	129	203	69	148	101	161	163	111	85	138
Interest	7	0	4	6	2	5	3	3	4	6
Depreciation	35	36	33	33	38	44	47	42	45	52
Exceptional Income / Expenses	0	0	0	325	0	0	0	0	0	0
Profit Before Tax	87	166	33	434	61	113	114	67	36	80
Provision for Tax	23	43	9	28	17	28	30	18	9	16
Profit After Tax	64	124	23	405	44	84	85	49	27	64
Adjustments	7	6	2	8	-0	-1	-1	-1	-2	-1
Profit After Adjustments	71	130	26	413	44	84	84	48	25	63
Adjusted Earnings Per Share	5.6	10.3	2	32.6	3.5	6.6	6.6	3.8	1.9	4.9

Whirlpool Of India Profit & Loss

#(Fig in Cr.)	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	4832	5398	5993	5900	6197	6668
Other Income	87	105	129	90	63	127
Total Income	4919	5502	6121	5989	6260	6795
Total Expenditure	4272	4755	5319	5381	5781	6297
Operating Profit	647	747	802	609	479	497
Interest	4	9	20	15	16	16
Depreciation	102	111	129	142	147	186
Exceptional Income / Expenses	0	0	0	0	325	0
Profit Before Tax	541	626	653	451	640	297
Provision for Tax	190	219	177	118	83	73
Profit After Tax	351	407	476	333	557	225
Adjustments	0	3	14	19	9	-5
Profit After Adjustments	351	410	490	352	566	220
Adjusted Earnings Per Share	27.6	32.3	38.6	27.7	44.6	17.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	5%	5%	0%	0%
Operating Profit CAGR	-21%	-14%	0%	0%
PAT CAGR	67%	11%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-9%	-11%	-2%	22%
ROE Average	18%	17%	19%	19%
ROCE Average	21%	22%	26%	26%

Whirlpool Of India Balance Sheet

#(Fig in Cr.)	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	1796	2145	2563	2858	3358
Minority's Interest	0	0	0	0	143
Borrowings	0	0	0	0	0
Other Non-Current Liabilities	136	165	192	256	377
Total Current Liabilities	1266	1367	1608	1893	1756
Total Liabilities	3198	3677	4363	5007	5634
Fixed Assets	446	508	709	707	1803
Other Non-Current Assets	604	705	332	353	241
Total Current Assets	2148	2464	3322	3946	3589
Total Assets	3198	3677	4363	5007	5634

Whirlpool Of India Cash Flow

#(Fig in Cr.)	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	1052	974	1053	1274	2060
Cash Flow from Operating Activities	384	402	380	524	98
Cash Flow from Investing Activities	-415	-262	-72	338	-469
Cash Flow from Financing Activities	-46	-62	-87	-75	-89
Net Cash Inflow / Outflow	-77	79	221	786	-460
Closing Cash & Cash Equivalent	975	1053	1274	2060	1610

Whirlpool Of India Ratios

#	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	27.64	32.3	38.64	27.73	44.64
CEPS(Rs)	35.64	40.86	47.73	37.47	55.54
DPS(Rs)	4	5	5	5	5
Book NAV/Share(Rs)	138.48	165.6	198.06	220.92	259.92
Core EBITDA Margin(%)	9.21	9.75	9.18	6.85	5.06
EBIT Margin(%)	8.97	9.65	9.17	6.16	7.99
Pre Tax Margin(%)	8.9	9.51	8.9	5.96	7.8
PAT Margin (%)	5.77	6.18	6.49	4.4	6.79
Cash Profit Margin (%)	7.44	7.87	8.26	6.28	8.58
ROA(%)	10.97	11.84	11.85	7.11	10.47
ROE(%)	19.96	21.1	20.65	12.54	18.27
ROCE(%)	30.35	32.25	28.57	17.21	21.11
Receivable days	14.43	13.74	14.37	16.89	17.98
Inventory Days	48.64	47.06	51.13	58.8	57.46
Payable days	141.32	129.21	133.27	150.35	136.57
PER(x)	54.76	47.13	46.78	80.41	35.23
Price/Book(x)	10.93	9.19	9.13	10.09	6.05
Dividend Yield(%)	0.26	0.33	0.28	0.22	0.32
EV/Net Sales(x)	3.77	3.38	3.61	4.45	2.96
EV/Core EBITDA(x)	28.17	24.44	26.99	43.1	38.28
Net Sales Growth(%)	0	11.71	11.02	-1.55	5.03
EBIT Growth(%)	0	16.57	5.85	-30.66	40.65
PAT Growth(%)	0	16.08	17.01	-30.03	67.19
EPS Growth(%)	0	16.85	19.63	-28.23	60.98
Debt/Equity(x)	0	0	0	0	0
Current Ratio(x)	1.7	1.8	2.07	2.09	2.04
Quick Ratio(x)	1.06	1.15	1.34	1.41	1.3
Interest Cover(x)	124.19	69.92	33.89	30.41	41.34
Total Debt/Mcap(x)	0	0	0	0	0

Whirlpool Of India Shareholding Pattern

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	75	75	75	75	75	75	75	75	75	75
FII	3.35	3.38	2.65	2.66	3.13	2.84	2.76	3.04	3.11	3.2
DII	11.28	11	11.29	11.29	11.42	11.91	12.54	12.51	12.45	12.36
Public	10.37	10.61	11.06	11.05	10.45	10.25	9.7	9.45	9.44	9.44
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	9.52	9.52	9.52	9.52	9.52	9.52	9.52	9.52	9.52	9.52
FII	0.43	0.43	0.34	0.34	0.4	0.36	0.35	0.39	0.39	0.41
DII	1.43	1.4	1.43	1.43	1.45	1.51	1.59	1.59	1.58	1.57
Public	1.32	1.35	1.4	1.4	1.33	1.3	1.23	1.2	1.2	1.2
Others	0	0	0	0	0	0	0	0	0	0
Total	12.69	12.69	12.69	12.69	12.69	12.69	12.69	12.69	12.69	12.69

Pros

Debtor days have improved from 150.35 to 136.57days.
Company is almost debt free.

Cons

Stock is trading at 5.2 times its book value.
The company has delivered a poor profit growth of 0% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.