Whirlpool Of India Limited · NSE:WHIRLPOOL
Whirlpool Of India — Q4 FY2025-26 Earnings Presentation
33 slides from Whirlpool Of India's earnings presentation, May 22, 2026
Slide 1: Exchange intimation letter for conference call presentation
May 22, 2026 he Manager T he Manager T Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G, Dalal Street, Mumbai, Bandra Kurla Complex, Bandra East, Maharashtra- 400001 Mum
Slide 2: Welcome to the Analyst Call
Welcome to the Analyst Call Whirlpool of India Limited The Call will begin at 04:30 PM
Slide 3: Corporate Presentation, May 22, 2026
Whirlpool of India Limited Corporate Presentation May 22, 2026 Whirlpool of India Limited 2
Slide 4: Cautionary Statement
Cautionary Statement This Presentation/Communication, except for the historical information, may contain statements, including the words or phrases such as 'expects, anticipates, intends, will, would, undertakes, aims, estimates, contemplates, seeks to, objective, goal, projects, should' and similar
Slide 5: Agenda
Agenda I. Business Overview II. Strategic Imperatives III. Financial Performance Whirlpool of India Limited 4
Slide 6: I. Business Overview
I. Business Overview 5 Whirlpool of India Limited
Slide 7: Q4'25-26 Key Highlights: India Standalone
Q4’25-26 Key Highlights : India Standalone ● Delivered revenue growth of ~7.4% vs LY; gained no.2 position in Mar’26 T2 (MBO* vol MS) ● Market leadership in direct cool refrigerator (MBO* vol MS) ● #2 position in top load and semi-automatic washers in Q4 MS (MBO* vol MS) ● Front load washers volumes
Slide 8: #2 position in March T2; #1 in DC, #2 in Topload & Semi in Q4
#2 position in March T2; #1 in DC, #2 in Topload & Semi in Q4 T2 share decline due to Ref. regulatory changeovers/ competitive pricing H1 24-25 Q3 24-25 Q4 24-25 Q1 25-26 Q2 25-26 Q3 25-26 Q4 25-26 (Apr 24 – Sep 24) (Oct 24 – Dec 24) (Jan 25 – Mar25) (Apr 25 – Jun 25) (Jul 25 – Sep 25) (Oct 25 – Dec
Slide 9: Washers Growing in Shares Strongly, Refs Impacted with Regulatory Changeover
…Washers Growing in Shares Strongly, Refs Impacted with Regulatory Changeover and Competitive Pricing H1 24-25 Q3 24-25 Q4 24-25 Q1 25-26 Q2 25-26 Q3 25-26 Q4 25-26 Category (Apr 24 –Sep 24) (Oct 24 – Dec 24) (Jan 25 – Mar 25) (Apr 25 – Jun 25) (Jul 25 – Sep 25) (Oct 25 – Dec 25) (Jan 26 – Mar 26) D
Slide 10: Topline Recovery in Second Half
Topline Recovery in Second Half Standalone FY 25-26 +0.7% ● H1 25-26 industry impacted due to delayed onset of summer H1 25-26 -4% H2 25-26 +6% ● H2 25-26 growth momentum regained driven by ○ Aircon and HA scale up Whirlpool of India Limited ○ Share gain in washers ○ Accelerated growth in premium pr
Slide 11: Improved T2 Margins vs LY
Improved T2 Margins vs LY Overall margins impacted due to aircon mix Standalone FY Gross Margin % Aircon ● Cost savings from P4G Mix offsetting energy upgrade upcharges, driving T2 margin Whirlpool of India Limited ● FY gross margins lower vs LY due to Aircon Mix 10 Note: Gross Margin is calculated a
Slide 12: PBT Margins Impacted By Regulatory Costs
PBT Margins Impacted By Regulatory Costs Standalone Q4 PBT Margin % FY PBT Margin % Whirlpool of India Limited Held Q4 PBT margin% excluding energy cost Held FY PBT margin% excluding upcharges and incr. E-waste provision incremental E-waste provision 11
Slide 13: Continue to Remain Efficient in Working Capital
Continue to Remain Efficient in Working Capital Higher Working Capital in Q4 is Driven by Planned AC Investment Standalone Whirlpool of India Limited 12 Note: Working capital is sum of trade receivables and inventory less trade payables (inc. non current trade payables). WC % to Net Revenue is calcul
Slide 14: II. Strategic Imperatives
II. Strategic Imperatives Whirlpool of India Limited 13
Slide 15: Our Strategic Imperatives
Our Strategic Imperatives INSPIRE BUILD A WIN WITH GENERATIONS COMPETITIVE EXCELLENCE IN Whirlpool of India Limited PRODUCT WITH OUR AND RESILIENT EXECUTION LEADERSHIP BRANDS SUPPLY CHAIN 14
Slide 16: Inspire With Our Brands: Our History
Inspire With Our Brands : Our History Introduced Pedestals and Auto Defrost; First 3-Door Platina Range Early Pioneers in Colours and Finishes Whirlpool of India Limited India’s First VA Heater Whirlpool - A pioneer in India durables industry Detailed T&C available on Company’s website. 15
Slide 17: Auto Defrost in Direct Cool Ref. Continues to Expand
Auto Defrost in Direct Cool Ref. Continues to Expand New Launch - Black Steel in VitaMagic Pro Whirlpool of India Limited BLACK STEEL EASY REMOVAL NO WATER SPILLAGE NO MANUAL EFFORT VITAMAGIC - ADF 16
Slide 18: Launching BloomWash with Juniper Green
Launching BloomWash 11 kg with Juniper Green New Features & Claims Introduction of Quick Sense A quick wash cycle that adapts to your laundry requirements (all the load types) 30 min -Small; 35 min - Medium; 40 min - Large Soft Sense Softener Dispenser — automatically releasing the perfect amount of
Slide 19: Dynamix Technology Driving the Semi Automatic Category
Dynamix Technology in Mid and Premiums Driving the Semi Automatic Category 0 Detergent Patches with Dynamix Technology Whirlpool of India Limited Driving triple digit bps share gain in its segment 18
Slide 20: Successful Launch of Protton NXT with capacity upgrade
Successful Launch of Protton NXT Whirlpool of India Limited with capacity upgrade Results are based on internal lab testing done on select models under standard test conditions and may vary depending on test conditions and models 19
Slide 21: Front Load Washer Accelerates in FY 2025-26
Front Load Washer Accelerates in FY 2025-26 Triple Digit bps 1.6X Volumes Market Share Growth vs LY vs LY Whirlpool of India Limited Results are based on internal lab testing done on select models under standard test conditions and may vary depending on test conditions and models 20
Slide 22: AC Business Scaling Up with New Milestones
AC Business… Scaling Up with New Milestones Record Breaking Volumes 1,00,000+ Highest Ever Monthly Sales Achieved in March 2026 Whirlpool of India Limited FY 1.4X vs LY 21
Slide 23: Elica India's New Product Ranges Continue to Drive Premiumisation
Elica India’s New Product Ranges Continue to Drive Premiumisation Filterless Kitchen Hood Ductless Kitchen Hood Built-in Hob - 4 Burners Whirlpool of India Limited MATT EFL 3V 901 HAC LTW MS NERO KITTY PLUG N PLAY BF 600 HAC FLEXI DFS TC FB 4B 90 DX R FFD LTW MS NERO Heat Auto Clean, Oil collector,
Slide 24: Launching Premium Frost Free Refrigerator in Q2 26-27
Launching Premium Refrigerator in Frost Free large capacity in Q2 26-27, thereby filling a significant gap in our Frost Free portfolio Whirlpool of India Limited 23
Slide 25: Excellence in Execution and Creating a Consumer-Centric Service Organization
Excellence in Execution and Creating a Consumer - Centric Service Organization Aim: Win Every Day in Every Store with Every Consumer Strong Net Promoter Score Improvement 100 Stronger visibility of premium lines and new ranges 50 Sales & service incentivisation driving premiumization and value Whirl
Slide 26: Robust P4G Program is at Core of WOIL Manufacturing
Robust P4G Program is at Core of WOIL Manufacturing SAF ENE CD EN FI V PD WO Whirlpool of India Limited EP AM M EE PM M LCS QC ■ Standalone GM Improvement of 220 bps (FY 25-26 vs FY 22-23) Achieved Silver in Pune and Bronze in other — P4G: Regular systematic program that covers all lines of P&L two
Slide 27: III. Financial Performance
III. Financial Performance Whirlpool of India Limited 26
Slide 28: Jan-Mar'26 (Q4) Consolidated (Whirlpool + Elica)
Jan-Mar’26 (Q4) Consolidated (Whirlpool + Elica) TOPLINE GROWTH ● Revenue from operations up by 8.8% driven by: Revenue YoY change ○ Market share improvement in washer 2,181 Cr +8.8% ○ Strong growth in air conditioner ○ Segment premiumisation EBITDA* MOVEMENT ○ High double digit Elica growth EBITDA*
Slide 29: FY 2025-26 Consolidated (Whirlpool + Elica)
FY 2025-26 Consolidated (Whirlpool + Elica) TOPLINE GROWTH ● Consolidated Revenue Performance FY 25-26 +1.4% ○ Improved market share in washers, and growth Revenue YoY change achieved in Aircon and Elica business 8,034 Cr +1.4% ○ Ref industry declined, primarily due to the delayed onset of summer ○
Slide 30: Q&A
Q&A 29 Whirlpool of India Limited
Slide 31: Thank you
Thank you
Slide 32: Jan-Mar'26 (Q4) Standalone (Whirlpool Of India)
Jan-Mar’26 (Q4) Standalone (Whirlpool Of India) TOPLINE GROWTH ● Revenue from operations up by 7.4% driven by: Revenue YoY change 2,030 Cr +7.4% ○ Market share improvement in washer ○ Strong growth in air conditioner ○ Segment premiumisation EBITDA* MOVEMENT ○ Industry driven growth EBITDA* (% reven
Slide 33: FY 2025-26 Standalone (Whirlpool Of India)
FY 2025-26 Standalone (Whirlpool Of India) TOPLINE GROWTH ● Standalone Revenue Performance FY 25-26 +0.7% ○ Improved market share in washers and growth Revenue YoY change achieved in Aircon 7,474 Cr +0.7% ○ Ref industry declined, primarily due to the delayed onset of summer EBITDA* MOVEMENT ○ Segmen
Whirlpool of India — Q4 FY2025-26 Earnings Presentation on 6ix