Whirlpool of India Ltd announces Q4 FY2025 results

Whirlpool of India Limited, today announced operating results for the fourth quarter of FY 2024-25. Consolidated Revenue from Operations was at Rs. 2,004.7 Cr, up by 15.6% vs LY. In a soft industry, our Revenue growth was driven by market share gains across refrigerator and washers along with the accelerated growth in premium segment and air conditioner category. Consolidated EBITDA was at Rs. 183 Cr, up by 27.4% vs LY (operational EBITDA by +32.2% vs LY before the impact of provision for an additional price upcharge of Rs 6.8 Cr vs LY on account of new E-Waste regulations affecting the industry) driven by strong revenue growth, cost take out & productivity actions and gains from segment mix. Consolidated PBT was at Rs. 161.7 Cr, up by 41.6% vs LY and Consolidated PAT at Rs. 119.5 Cr up by 50.5% vs LY.

For 12 Months ended 31st Mar 2025, Consolidated Revenue from Operations was at Rs. 7,919 Cr, up by 16.0% vs LY, with double-digit revenue growth recorded across all four quarters of the financial year. Consolidated EBITDA was at Rs. 550 Cr, up by 36.6% vs LY (operational EBITDA up by +46.7% vs LY before the impact of provision for an additional price upcharge of Rs 41 Cr vs LY on account of new E-Waste regulations). Improvement in EBITDA was driven by strong revenue growth, productivity and mix actions leading to margin improvement and fixed cost leverage. Consolidated PBT was at Rs. 490 Cr, up by 59.5% vs LY (PBT up by +72.8% vs LY before the impact of new E-waste regulations) and Consolidated PAT was at Rs. 362.8 Cr, up by 61.7% vs LY. Elica PB India, Company's subsidiary, continues to deliver healthy PBT margins.

For 12 Months ended 31st Mar 2025, Standalone Revenue from operations was at Rs 7,420.8 Cr, up by 17.2% vs. LY, Standalone EBITDA was at Rs. 475.5 Cr, up by 52.3% vs LY (operational EBITDA up by +65.1% vs LY before the impact of provision for an additional price upcharge of Rs 36.8 Cr vs LY on account of new E-Waste regulations), Standalone PBT was at Rs. 424.6 Cr, up by 83.7%vs LY (PBT up by +101% vs LY before the impact of new E-waste regulations) and Standalone PAT was at Rs. 313.4 Cr, up by 87.2% vs LY.

The business continues its renewed momentum with double digit revenue growth in the fourth consecutive quarter despite softness in the refrigerator and washing machine industry. 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. Improvement in gross margins was driven by calibrated price actions, improved execution in high margin portfolio and the benefits from cost productivity actions offsetting the impact of commodity inflation. Whirlpool India delivered a healthy +60% growth in Consolidated PBT for the year ended Mar 25.

Shares of Whirlpool of India Limited was last trading in BSE at Rs. 1295.50 as compared to the previous close of Rs. 1292.70. The total number of shares traded during the day was 6069 in over 642 trades.

The stock hit an intraday high of Rs. 1313.85 and intraday low of 1273.50. The net turnover during the day was Rs. 7876374.00.

Source : Equity Bulls

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WhirlpoolofIndia INE716A01013 Q4FY25 FY2025 ResultUpdate