Whirlpool India clarifies stake talks behind Whirlpool India stock

Whirlpool India clarified its position on promoter stake-sale discussions on September 24, 2026, while the company behind Whirlpool India stock reported sharply different revenue and profit trends in the first quarter. StockFin reported that the company said recent media reports about a stake sale did not involve Whirlpool India itself.

Revenue grows as profit falls

Revenue from operations rose 12.10 percent year over year to INR 2,726.75 crore in the first quarter of fiscal 2026-27, according to AskFuzz. Total income increased 12.43 percent to INR 2,795.64 crore, but total expenses rose 16.00 percent to INR 2,656.89 crore.

Consolidated net profit declined 29.57 percent year over year to INR 102.88 crore from INR 146.08 crore in the first quarter of the previous fiscal year. The contrast places margin performance ahead of sales growth in the near-term investment debate.

ICICI Securities keeps a Reduce view

ICICI Securities retained its Reduce rating and an INR 730 target in research dated September 4, 2026, according to Moneycontrol. The broker said fiscal 2026 revenue grew 1.40 percent, while EBITDA declined 12.60 percent and adjusted profit after tax fell 8.90 percent.

A separate summary of the same research put fiscal 2026 revenue at INR 80,342 million, EBITDA at INR 4,811 million and adjusted profit after tax at INR 3,227 million. The report also identified competitive pressure, energy-transition costs and higher e-waste provisions as factors weighing on margins.

Stock remains below its yearly high

Whirlpool India was last at INR 861.65 on the NSE on October 1, 2026 at 3:30 p.m. IST, down 3.21 percent from the prior close of INR 890.25. Its market capitalization was INR 109.3 billion, while the 52-week range stood at INR 706.00 to INR 1,437.00.

The quote was 40.08 percent below the 52-week high and 22.05 percent above the low. For investors, the numerical split is clear: first-quarter sales expanded, but the profit decline and broker target of INR 730 keep earnings quality at the center of the valuation discussion.