Buy Whirlpool of India, target price Rs 1925: Centrum Broking

Centrum Broking has buy call on Whirlpool of India with a target price of Rs 1925. The current market price of Whirlpool of India is Rs 1635. Time period given by analyst is one year when Whirlpool of India Ltd. price can reach defined target.

Whirlpool of India Ltd., incorporated in the year 1960, is a Large Cap company (having a market cap of Rs 20642.05 Crore) operating in Consumer Durables sector.

Whirlpool of India Ltd. key Products/Revenue Segments include Domestic Appliances, Sale of services and Export Incentives for the year ending 31-Mar-2021.



Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 1559.71 Crore, down -4.03 % from last quarter Total Income of Rs 1625.23 Crore and up 2.45 % from last year same quarter Total Income of Rs 1522.34 Crore. Company reported net profit after tax of Rs 44.19 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 75.0 per cent stake in the company as of 31-Mar-2022, while FIIs owned 2.84 per cent, DIIs 11.91 per cent.