Whirlpool of India Limited – Q2 FY26 Results Summary
Announcement Date: November 4, 2025
Financial Performance (INR lacs):
- Standalone Revenue: ₹150,215 (Q2 FY26), down from ₹231,747 (Q1 FY26) and ₹158,208 (Q2 FY25)
- Consolidated Revenue: ₹164,727 (Q2 FY26), down from ₹243,232 (Q1 FY26) and ₹171,299 (Q2 FY25)
- Standalone Net Profit: ₹2,709 (Q2 FY26), down from ₹13,507 (Q1 FY26) and ₹4,170 (Q2 FY25)
- Consolidated Net Profit: ₹4,180 (Q2 FY26), down from ₹14,608 (Q1 FY26) and ₹5,353 (Q2 FY25)
- EPS (Standalone): ₹2.14 (not annualised)
- EPS (Consolidated): ₹3.26 (not annualised)
- Standalone EBITDA Margin: ~5.39% in Q2 FY26 vs. ~7.19% in Q2 FY25, indicating margin contraction.
Exceptional Item:
- Insurance claim of ₹991 lacs recognized in Q2 FY26 related to a prior fire loss; earlier tranche of ₹700 lacs received in Q4 FY25.
Segment Performance:
- Operates in a single reportable segment: Home Appliances.
Capital Expenditure:
- Standalone Capex for H1 FY26: ₹9,514 lacs, up from ₹4,498 lacs in H1 FY25.
- Consolidated Capex for H1 FY26: ₹9,925 lacs, up from ₹4,768 lacs in H1 FY25.
Balance Sheet Highlights (as of Sept 30, 2025):
- Standalone total assets: ₹580,369 lacs; consolidated total assets: ₹652,990 lacs.
- Strong cash and cash equivalents: ₹229,297 lacs (standalone), ₹260,260 lacs (consolidated).
- Lease liabilities: ₹25,200 lacs (standalone), ₹26,096 lacs (consolidated).
- Equity: ₹359,271 lacs (standalone), ₹412,026 lacs (consolidated).
- Goodwill on consolidated balance sheet: ₹74,780 lacs related to subsidiary.
Cash Flow (H1 FY26):
- Operating cash flow: ₹15,508 lacs (standalone), ₹16,446 lacs (consolidated).
- Investing cash outflow reflects capex spend; financing outflows mainly due to lease repayments and dividends.
- Net increase in cash: ₹1,774 lacs (standalone), ₹2,807 lacs (consolidated).
Management Commentary:
- No changes in accounting policies.
- MD and CFO have certified results as per SEBI regulations.
- No new acquisitions or impairments reported.
- No restructuring or cost-cutting initiatives disclosed.
Auditor’s Note:
- Financial results reviewed by S.R. Batliboi & Co. LLP with clean reports and no qualifications.
Outlook:
- No specific guidance or outlook provided in this announcement.