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WHIRLPOOL - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.4

Last Updated Time : 04 May 26, 11:42 am

Fundamental Rating: 3.4

Stock Code WHIRLPOOL Market Cap 12,504 Cr. Current Price 986 ₹ High / Low 1,474 ₹
Stock P/E 40.8 Book Value 283 ₹ Dividend Yield 0.51 % ROCE 12.7 %
ROE 9.17 % Face Value 10.0 ₹ DMA 50 890 ₹ DMA 200 1,042 ₹
Chg in FII Hold -0.43 % Chg in DII Hold 0.30 % PAT Qtr 44.4 Cr. PAT Prev Qtr 20.9 Cr.
RSI 70.6 MACD 39.0 Volume 4,03,541 Avg Vol 1Wk 5,82,131
Low price 756 ₹ High price 1,474 ₹ PEG Ratio 3.67 Debt to equity 0.07
52w Index 32.0 % Qtr Profit Var 65.8 % EPS 22.6 ₹ Industry PE 46.7

📊 Financials: WHIRLPOOL shows moderate efficiency with ROCE at 12.7% and ROE at 9.17%. Debt-to-equity ratio is very low (0.07), ensuring financial stability. EPS of ₹22.6 supports earnings, while quarterly PAT improved significantly (₹20.9 Cr → ₹44.4 Cr, +65.8%), indicating operational recovery. Cash flows remain stable, though margins are modest.

💹 Valuation: Current P/E of 40.8 is slightly below industry average (46.7), suggesting fair valuation. PEG ratio of 3.67 indicates growth is already priced in. P/B ratio (~3.5) is elevated relative to book value. Dividend yield of 0.51% provides limited income support.

🏢 Business Model & Advantage: WHIRLPOOL operates in consumer durables, benefiting from strong brand equity, distribution networks, and demand recovery. Competitive advantage lies in brand recognition and product diversification, though profitability metrics remain modest.

📈 Entry Zone: Attractive accumulation near ₹870–₹920 (close to DMA 200 support). Current price (₹986) is slightly above fair entry, with resistance at ₹1,050–₹1,100.

Long-Term Holding: Suitable for 2–3 year horizon given stable fundamentals and improving earnings. Partial profit booking advised near resistance levels to manage valuation risks.


Positive

  • Low debt-to-equity (0.07)
  • Quarterly PAT recovery (+65.8%)
  • EPS of ₹22.6 supports valuation
  • DII holdings increased (+0.30%)

Limitation

  • Moderate ROCE (12.7%) and ROE (9.17%)
  • PEG ratio of 3.67 indicates expensive growth
  • Dividend yield of only 0.51%
  • RSI at 70.6 indicates overbought conditions

Company Negative News

  • FII holdings decreased (-0.43%), showing reduced foreign investor confidence

Company Positive News

  • Strong quarterly profit growth (+65.8%)
  • DII inflows (+0.30%) reflect domestic institutional support

Industry

  • Industry P/E at 46.7 reflects moderate sector valuation
  • WHIRLPOOL trades slightly below industry average, offering fair valuation

Conclusion

WHIRLPOOL is financially stable with improving earnings and strong brand presence, but modest return ratios and high PEG limit long-term compounding potential. Entry is safer near ₹870–₹920, with profit booking advised near ₹1,050–₹1,100. Suitable for medium-term investors with a 2–3 year horizon.

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