Whirlpool of India Ltd, is a subsidiary of Whirlpool Corporation, committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. Headquartered in Gurugram, we are one of the largest manufacturers and marketers of major home appliances in the country. Incorporated in the year 1987, the company is headquartered in Gurgaon, Haryana and operates in the consumer durables segment, offering a wide range of products such as refrigerators, washing machines, air conditioners, microwave ovens, water heaters, and small appliances.
Its popular brands include Whirlpool, KitchenAid, and Maytag. Whirlpool of India is primarily engaged in manufacturing and trading of refrigerators, washing machines, air conditioners, microwave ovens and small appliances and caters to both domestic and international markets. The company has established itself as a significant player in the Indian home appliances market with a diversified product portfolio addressing various consumer needs.
The company owns three manufacturing facilities at Faridabad, Pondicherry and Pune. Each manufacturing setup is designed in ways conducive to growth and expansion while also ensuring efficiency and state-of-the-art processes. These strategically located facilities enable the company to serve both domestic and international markets effectively, providing operational flexibility and cost optimization.
The company maintains a comprehensive product range across multiple categories. Whirlpool of India Ltd. has a strong presence in the refrigerator segment with its top products such as Whirlpool Pro Elite, Whirlpool Neo FR258 CLS Plus, and Whirlpool Neo DF278 PRM. The company also offers a wide range of washing machines such as Whirlpool Ace Supreme Plus, Whirlpool Ace XL, and Whirlpool Ace Super Soak. It also has a wide range of air conditioners such as Whirlpool Magicool Plus, Whirlpool Magicool Max, and Whirlpool Magicool Pro.
As of recent market data, Whirlpool of India Ltd has a market capitalisation of Rs 16,861 crore. The company has demonstrated strong financial performance in recent periods, with robust growth across key metrics.
For the fiscal year ended March 2025, the company reported impressive financial results:
- Revenue: ₹2,004.67Cr as on March 2025 (Q1 25)
- Net Profit: ₹119.47Cr as on March 2025 (Q1 25)
- For the full year,net profit rose 65.41% to Rs 359.00 crore in the year ended March 2025 as against Rs 217.04 crore during the previous year ended March 2024.
- Sales rose 15.95% to Rs 7919.37 crore in the year ended March 2025 as against Rs 6829.79 crore during the previous year ended March 2024.
The company has shown exceptional growth momentum in recent quarters. Whirlpool India reports 16% revenue and 62% PAT growth for FY 2024-25, driven by market share gains. Whirlpool of India Ltd's net profit jumped 53.63% since last year same period to ₹119.20Cr in the Q4 2024-2025.
Topline growth was driven by strong YOY share improvement, which continued in this quarter. Not only has overall refrigerator and washing machine volume share improved very significantly over last year, share growth is broad based with robust share gains in direct cool, frost-free refrigerators, fully automatic top load, semi-automatic washers, and front-load washing machines, which reflects rejuvenation of brand pull and the continued strong focus on executional excellence.
Promoter holding in Whirlpool of India Ltd has gone up to 51.00 per cent as of Mar 2025 from 51.00 per cent as of Jun 2024. As of 31 March 2025, Whirlpool Mauritius'a wholly owned subsidiary of Whirlpool Corporation'held a 51% stake in Whirlpool India. The company is listed on both NSE and BSE, with Listing date: 03 Nov, 1994 and Chairperson Name: Arvind Uppal.
The company maintains a consistent dividend policy for shareholders. Meanwhile, the company's board has recommended a final dividend of Rs 5 per equity share for the financial year 2024-25. In the quarter ending March 2024, Whirlpool of India Ltd has declared dividend of ₹5 - translating a dividend yield of 0.39%.
63.64% of analysts recommend a 'BUY' rating for Whirlpool of India Ltd. Average target price of ₹1339.09 The stock has shown significant volatility, with The stock hit a record high of Rs 2450 on 22 Oct 2024. and The stock hit a 52-week low of Rs 899 on 03 Mar 2025.
Whirlpool India will remain a relevant part of Whirlpool Corporation's portfolio, and we continue to believe Whirlpool India has a strong long-term trajectory for growth. We intend the anticipated sell-down to result in autonomy for Whirlpool India to adjust to the ever-evolving industry conditions, enabling Whirlpool India to focus on accelerated growth and utilise its well-funded business to invest further in the business, Whirlpool Corporation stated in its earlier release.
With over 110 years of global expertise backing the Indian operations, Whirlpool of India continues to leverage its strong brand presence, manufacturing capabilities, and market understanding to drive sustained growth in the competitive Indian home appliances market.
