Whirlpool of India Limited has informed the Exchange about change in Management
WHIRLPOOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Whirlpool of India reported audited standalone FY2026 revenue of Rs 7,47,380 Lakhs, marginally up from Rs 7,42,080 Lakhs in FY2025. However, profit after tax declined significantly to Rs 24,223 Lakhs from Rs 31,337 Lakhs (down ~23%). EPS for FY2026 stands at Rs 19.09 compared to Rs 24.70 in the previous year. The company recommended a final dividend of Rs 5 per share (50% on face value). Key management change: Mr. Anuj Lall resigned as Executive Director and CFO effective July 20, 2026, and Mr. Aditya Jain (existing CFO) has been appointed as Executive Director and CFO for 5 years from July 21, 2026. Additionally, promoter holding reduced from 51% to 39.76% following partial dilution by Whirlpool Corporation. The company also acquired the remaining 31.8% stake in subsidiary ElicaPB Whirlpool Kitchen Appliances, making it a wholly-owned subsidiary.
The decline in profit despite flat revenue is concerning for shareholders. The 23% drop in PAT signals margin compression, though the dividend and clean audit (unmodified opinion) provide some comfort. The management transition and promoter dilution may introduce near-term uncertainty.