Whalesbook
Whirlpool of India's stock gained as much as 4.39% to ₹894 on Thursday. The rally followed the home appliance maker's financial report for the quarter and fiscal year ending March 31, 2026.
Financial Performance
Consolidated revenue from operations for the fourth quarter of FY26 grew by 9% year-on-year to ₹2,181 crore. However, profits were hampered by regulatory factors, including e-waste provisions and expenses linked to the energy transition for appliances. Rising commodity prices also added pressure.
As a result, consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) fell 34% year-on-year to ₹121 crore. Consolidated profit after tax (PAT) also decreased by 27%, dropping to ₹81 crore from ₹119.47 crore a year earlier.
For the full fiscal year 2026, consolidated revenue from operations increased by 1.4% to ₹8,034 crore.
Dividend
The company's board approved a dividend of ₹5 per equity share for the financial year 2025-26.
Operational Recovery
Whirlpool of India reported that the first half of FY26 faced significant challenges, including a weak summer, an early monsoon, and intense price competition, leading to a 3% revenue drop. The latter half of the year showed a gradual improvement, with revenue growing 6.6% from October to March.
This comeback was driven by market share gains in washing machines and air conditioners, alongside a focus on premium products. The company ended the year strongly, becoming the market leader in direct cool refrigerators for three consecutive months and achieving the second-largest volume market share in the top-load segment in Q4FY26.