Whirlpool of India Limited (WHIRLPOOL.NS): Comprehensive Stock Analysis Report | Scrolls

by KarNivesh | 07 October, 2025

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Whirlpool of India Limited, a trusted name in home appliances, continues to shine in the competitive Indian consumer durables market. As a subsidiary of Whirlpool Corporation, the company has built a strong foundation with a wide range of products, including refrigerators, washing machines, air conditioners, and microwaves — serving both urban and rural households across India.

Product portfolio revenue distribution showing Whirlpool India's dependence on refrigerators and washing machines as core revenue drivers

In recent years, Whirlpool has made several strategic moves that have helped it stay strong in a challenging market. One of the key changes was the promoter shareholding restructuring, where the parent company reduced its stake from 75% to 51%. This move opened doors for more institutional and retail investors to participate, adding more strength to the company’s market presence.

Financially, Whirlpool has performed remarkably well. In FY25, the company reported a 16% growth in revenue and a 62% jump in profits, which clearly shows how operational improvements and cost management have paid off. The company’s revenue reached ₹8,110 crores, and profits stood at ₹362.78 crores — a strong comeback after a few volatile years. Whirlpool is also debt-free, which gives it great financial stability and flexibility for future growth.

Its profitability ratios tell a promising story too. Return on Equity improved to 9.4%, while Return on Capital Employed rose to 13.9%. These improvements show that Whirlpool is using its resources efficiently and generating better returns for its shareholders. The company also maintains a healthy current ratio of 2.01, indicating strong liquidity.

On the market front, Whirlpool’s stock has seen ups and downs. The share price currently stands around ₹1,183, down from highs of ₹2,449. Despite this volatility, analysts remain optimistic, with an average target price of ₹1,535 — showing potential for recovery and around 29% upside.

Whirlpool’s strong brand presence and large distribution network across India give it a competitive edge. The company’s products reach customers through traditional dealers, e-commerce platforms, and retail showrooms, ensuring wide market coverage. Its reputation for quality and innovation keeps it among the top choices for Indian consumers.

Looking ahead, the future seems promising. The Indian consumer durables market is expanding fast, expected to reach ₹3 lakh crores by FY29. With growing middle-class income, premium product demand, and rising rural electrification, Whirlpool is well-placed to benefit from these positive trends.

However, challenges remain. The company faces tough competition from big names like LG and Samsung, along with price pressures and raw material cost fluctuations. Yet, Whirlpool’s focus on innovation, cost control, and market expansion continues to strengthen its position.

In conclusion, Whirlpool of India represents a solid company with a balanced mix of stability and growth potential. While short-term stock volatility might concern some investors, the long-term outlook remains positive. For those who believe in India’s growing consumer market and value strong, debt-free companies, Whirlpool remains a brand — and an investment — to watch with optimism