Retain hold on Whirlpool with target of Rs 1120; expect 15-20% growth: Deutsche Bank

Whirlpool of India Q4 | Profit at Rs 87.41 cr versus Rs 104.10 cr, revenue at Rs 1,353.62 cr versus Rs 1,355.15 cr YoY. (Image: Reuters)

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26 Aug, 2025 12:21

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Global research and broking firm Deutsche Bank has retained a hold on Whirlpool of India and has hiked the target price from Rs 1,080 to Rs 1,120. The research firm believes that with the launch of new models as per market needs and strong re-stocking demand before festive season, the company could see15-20 percent growth.

The research firm has raised revenue estimates of Whirlpool by 2 percent. However, it has reduce earnings before interest, tax, depreciation and amortization (EBITDA) margins by 50 bps, leading to cuts of 2-4 percent in earnings per share (EPS).

Whirlpool of India reported a 8.8 percent increase in net profit at Rs 132.72 crore for the quarter ended June 30, 2017 while its total income during the first quarter went up by 15.06 percent to Rs 1,639.54 crore from Rs 1,424.85 crore in the year-ago period.

Whirlpool of India reported a 8.8 percent increase in net profit at Rs 132.72 crore and a 15.06 percent growth in topline at Rs 1,639.54 crore for the quarter ended June 2017, year-on-year.

At 12:24 hrs Whirlpool of India. was quoting at Rs 1,315.00, down Rs 7.90, or 0.60 percent. It has touched a 52-week high of Rs 1,347.80.