Latest news with #WhirlpoolofIndiaLtd
Business Standard
21-05-2025
- Business
- Business Standard
Whirlpool of India Ltd Surges 6.93%
Whirlpool of India Ltd has added 26.62% over last one month compared to 2.29% gain in BSE Consumer Durables index and 2.42% rise in the SENSEX Whirlpool of India Ltd gained 6.93% today to trade at Rs 1385.3. The BSE Consumer Durables index is up 0.36% to quote at 59235.23. The index is up 2.29 % over last one month. Among the other constituents of the index, Blue Star Ltd increased 1.75% and Havells India Ltd added 0.52% on the day. The BSE Consumer Durables index went up 7.08 % over last one year compared to the 9.97% surge in benchmark SENSEX. Whirlpool of India Ltd has added 26.62% over last one month compared to 2.29% gain in BSE Consumer Durables index and 2.42% rise in the SENSEX. On the BSE, 15222 shares were traded in the counter so far compared with average daily volumes of 27926 shares in the past one month. The stock hit a record high of Rs 2450 on 22 Oct 2024. The stock hit a 52-week low of Rs 899 on 03 Mar 2025.
Business Upturn
21-05-2025
- Business
- Business Upturn
Whirlpool India shares surge over 6% as Q4 EBITDA rises 27% YoY to Rs 183.1 crore
Shares of Whirlpool of India Ltd rallied over 6% in morning trade on strong Q4 FY25 earnings. As of 9:18 AM, the shares were trading 6.92% higher at Rs 1,385.20. The company posted a net profit of ₹119.2 crore, marking a 53% year-on-year (YoY) increase compared to ₹77.6 crore in Q4 FY24. Revenue from operations rose 15.6% YoY to ₹2,004.7 crore, up from ₹1,734 crore in the same quarter last year. The consumer durables major reported improved performance across product categories, driven by strong seasonal demand and cost efficiency. At the operating level, EBITDA grew 27.5% YoY to ₹183.1 crore from ₹143.7 crore. The EBITDA margin improved to 9.1%, up from 8.3% a year ago, indicating better operational leverage and pricing discipline. The board recommended a final dividend of ₹5 per equity share of face value ₹10 each, reflecting a 50% payout for FY25. The proposed dividend underlines the company's commitment to delivering shareholder value. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Yahoo
08-02-2025
- Business
- Yahoo
Whirlpool of India Ltd (BOM:500238) Q3 2025 Earnings Call Highlights: Strong Revenue Growth and ...
Release Date: February 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Whirlpool of India Ltd (BOM:500238) reported a 17% revenue growth from April to December compared to the previous year, indicating strong business momentum. The company achieved a gross margin improvement of 220 basis points year-over-year, reflecting successful cost management initiatives. Profit before tax (PBT) grew by 100% compared to the previous year, showcasing significant profitability improvements. Market share gains were reported in triple-digit basis points for both refrigerators and washers, which constitute 90% of the business. The company has made substantial progress in reducing working capital, moving from 5% of sales in September 2023 to minus 3% in September 2024, enhancing cash generation. Concerns were raised about high staff costs compared to peers, which could impact overall efficiency and margins. The anticipated sell-down of Whirlpool Corporation's stake in Whirlpool of India Ltd to 20% raised questions about long-term commitment and strategic direction. There is uncertainty regarding the timeline for achieving high single-digit EBITDA margins, as the company is currently at around 3.5% after adjustments. The company faces challenges from competitors aggressively trying to regain market share, particularly in the washers segment. Potential risks were noted regarding the increase in royalty fees as part of the long-term licensing and tech agreements with Whirlpool Corporation. Warning! GuruFocus has detected 4 Warning Signs with BOM:500238. Q: With the productivity improvements reflecting at the gross margin level, when do you expect these initiatives to impact below the gross margin, particularly concerning staff costs and other expenses? A: Unidentified_3 (Managing Director): We are investing in areas that drive ROI within the year, which is reflected in market share gains and premiumization. As we gain more scale, these costs should start looking better for us. Q: How does the sell-down of Whirlpool Corporation's stake to 20% affect the company's commitment to the Indian market? A: Unidentified_5 (CFO of Whirlpool Corporation): The sell-down increases flexibility for Whirlpool of India to focus on growth initiatives. We will maintain a long-term brand and technology licensing agreement, ensuring continued support and commitment to the Indian market. Q: What is the timeline for achieving high single-digit EBITDA margins, considering the current margin levels? A: Unidentified_3 (Managing Director): We have set a long-term goal for high single-digit margins, which is a multi-year objective. Our focus is on driving profitable market share growth, and while I can't provide a specific timeline, we are progressing steadily towards that goal. Q: How will Whirlpool of India utilize the surplus cash on its balance sheet post the proposed sell-down? A: Unidentified_3 (Managing Director): We are exploring various options, including capacity augmentation, new product lines, and potential inorganic growth opportunities. Our focus is on strategic investments that will enhance shareholder value. Q: With increased autonomy, how will Whirlpool of India address potential increases in royalty fees from Whirlpool Corporation? A: Unidentified_3 (Managing Director): I cannot comment on potential changes in royalty fees as it is a decision for Whirlpool Corporation. Any changes will go through the proper governance framework and be reviewed by the board of directors. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
