Table of Contents
- Introduction
- Introduction to Whirlpool Of India Limited
- Overview of Whirlpool Of India Limited
- Annual Performance
- Share Price Targets
- Investment Insights
- How to Purchase Whirlpool Of India Ltd Shares
- Investor Types and Shareholding Ratio
- Advantages and Disadvantages of Investing in Whirlpool Shares
- FAQs
- Conclusion
Introduction
Investing in the stock market requires careful analysis and understanding of a company’s performance, market trends, and future growth potential. This blog aims to provide an in-depth analysis of Whirlpool share price target for 2024, 2025, 2027, and 2030, offering valuable insights for potential investors.
Introduction to Whirlpool Of India Limited
Whirlpool Corporation is a renowned American multinational company specializing in kitchen and laundry appliances. Known for its commitment to innovation and quality, Whirlpool has a significant presence in the global market with popular products like KitchenAid, microwaves, purifiers, air conditioners, washing machines, and refrigerators.
Overview of Whirlpool Of India Limited
Whirlpool Of India Limited, a subsidiary of Whirlpool Corporation, was established in 1911 and has been a prominent player in the home appliances sector. The company has three major manufacturing facilities in Faridabad, Puducherry, and Pune, producing high-quality refrigerators and washing machines. Whirlpool Of India Limited exports its products to various countries, including New Zealand, Australia, and Latin America.
Company Name | Whirlpool Of India Limited |
Face Value | ₹10 |
Book Value | ₹255.54 |
52 Week High | ₹2,210.06 |
52 Week Low | ₹1186.85 |
Market Cap | ₹25,192.68 Crore |
DIV. YIELD | 0.25% |
NSE Sine | WHIRLPOOL |
Annual Performance
PE Ratio
The PE (Price to Earnings) Ratio is calculated by dividing the market price per share by the earnings per share. Whirlpool Of India Ltd has a PE ratio of 150.25, indicating it is overvalued.
Return on Assets (ROA)
ROA is determined by dividing profit after tax by total assets. Whirlpool Of India Ltd has a ROA of 3.51%, which is not a promising indicator for future performance.
Current Ratio
The current ratio, calculated by dividing current assets by current liabilities, stands at 2.29 for Whirlpool Of India Ltd.
Return on Equity (ROE)
ROE is measured by dividing net profit by average shareholder equity. Whirlpool Of India Ltd has an ROE of 6.21%, which is relatively high.
Share Price Targets
Whirlpool Share Price Target 2024
In 2024, Whirlpool’s share price is expected to benefit from increasing demand for home appliances. The company’s net sales grew from ₹5223.23 Crore in March 2022 to ₹6123.23 Crore in March 2023, indicating a positive trend.
Year | Whirlpool Share Price Target 2024 |
1st Price Target | ₹1,690 |
2nd Price Target | ₹2,240 |
Whirlpool Share Price Target 2025
The share price target for 2025 suggests a bullish trend. As of February 21, 2024, the share price was ₹1290.80. The share price increased by 2.85% over the past week and by 19%-20% over the past six months.
Year | Whirlpool Share Price Target 2025 |
1st Price Target | ₹2,341.02 |
2nd Price Target | ₹2,745.63 |
Whirlpool Share Price Target 2027
Whirlpool’s strong brand reputation and high promoter holding capacity (76%) are positive indicators for future growth. The company’s healthy interest coverage ratio of 20.73% and substantial investments in growth also contribute to optimistic share price targets for 2027.
Year | Whirlpool Share Price 2027 |
1st Price Target | ₹3,296.20 |
2nd Price Target | ₹3,552.36 |
Whirlpool Share Price Target 2030
With a consistent increase in net profit and strong market demand for home appliances, Whirlpool’s share price is expected to perform well by 2030. The company’s net profit increased by 55% in the financial year 2023 compared to 2022.
Year | Whirlpool Share Price Target 2030 |
1st Price Target | ₹4,256.14 |
2nd Price Target | ₹4,523.89 |
Investment Insights
- Promoters Holding: 76%
- Public Holding: 6.52%
- FII (Foreign Institutional Investors): 4.10%
- DII (Domestic Institutional Investors): 13.38%
How to Purchase Whirlpool Of India Ltd Shares
You can purchase Whirlpool Of India Ltd shares through various trading platforms, including:
- Zerodha
- Upstox
- Groww
- Angelone
- ICICI Direct
Investor Types and Shareholding Ratio
Investor Type | Shareholding Ratio |
Promoters Holding | 76% |
Public Holding | 6.52% |
FII (Foreign Institutional Investors) | 4.10% |
DII (Domestic Institutional Investors) | 13.38% |
Advantages and Disadvantages of Investing in Whirlpool Shares
Advantages
- Rapid Increase in Net Cash Flow: The company’s net cash flow increases annually, indicating strong financial health.
- Zero Promoter Pledges: The absence of promoter pledges is a positive indicator for company stability.
- Increasing Book Value: The company’s book value has been rising yearly, reflecting positive growth.
- High Promoter Holding: A promoter holding capacity of 76% indicates strong confidence in the company’s future.
Disadvantages
- Declining ROCE: The Return on Capital Employed (ROCE) has declined over the past two years, which is a concerning sign.
- Limited Revenue Growth: Although the revenue is growing, the rate is limited, suggesting potential areas for improvement.
Also Read: Grasim Share Price Target 2024, 2025, 2027, 2030: An In-Depth Analysis
FAQs
Conclusion
Investing in Whirlpool Of India Ltd shares can be a lucrative opportunity, especially given the company’s strong market presence and consistent performance. However, as with any investment, it is essential to conduct thorough research and consider both the advantages and disadvantages. Based on expert analysis and historical performance, Whirlpool’s share price targets for 2024, 2025, 2027, and 2030 show promising growth potential.
Disclaimer: We are not SEBI-registered advisors. The financial market is always risky. This blog is for educational purposes only. Please consult certified experts before making any investment decisions. We will not be responsible for any profit or loss.