Whirlpool of India Limited (WHIRLPOOL) - Net Assets
Based on the latest financial reports, Whirlpool of India Limited (WHIRLPOOL) has net assets worth Rs41.33 Billion INR (≈ $446.96 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs65.30 Billion ≈ $706.18 Million USD) and total liabilities (Rs23.97 Billion ≈ $259.22 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Whirlpool of India Limited (WHIRLPOOL) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs41.33 Billion |
| % of Total Assets | 63.29% |
| Annual Growth Rate | 17.33% |
| 5-Year Change | 39.61% |
| 10-Year Change | 243.06% |
| Growth Volatility | 19.55 |
Whirlpool of India Limited - Net Assets Trend (2005–2025)
This chart illustrates how Whirlpool of India Limited's net assets have evolved over time, based on quarterly financial data. See WHIRLPOOL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Whirlpool of India Limited (2005–2025)
The table below shows the annual net assets of Whirlpool of India Limited from 2005 to 2025. For live valuation and market cap data, see WHIRLPOOL market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs39.90 Billion ≈ $431.55 Million |
+3.82% |
| 2024-03-31 | Rs38.43 Billion ≈ $415.66 Million |
+4.78% |
| 2023-03-31 | Rs36.68 Billion ≈ $396.68 Million |
+4.78% |
| 2022-03-31 | Rs35.01 Billion ≈ $378.59 Million |
+22.47% |
| 2021-03-31 | Rs28.58 Billion ≈ $309.12 Million |
+11.50% |
| 2020-03-31 | Rs25.63 Billion ≈ $277.23 Million |
+19.49% |
| 2019-03-31 | Rs21.45 Billion ≈ $232.01 Million |
+19.43% |
| 2018-03-31 | Rs17.96 Billion ≈ $194.27 Million |
+21.12% |
| 2017-03-31 | Rs14.83 Billion ≈ $160.39 Million |
+27.50% |
| 2016-03-31 | Rs11.63 Billion ≈ $125.79 Million |
+27.01% |
| 2015-03-31 | Rs9.16 Billion ≈ $99.04 Million |
+23.74% |
| 2014-03-31 | Rs7.40 Billion ≈ $80.03 Million |
+19.84% |
| 2013-03-31 | Rs6.18 Billion ≈ $66.78 Million |
+25.98% |
| 2012-03-31 | Rs4.90 Billion ≈ $53.01 Million |
+16.06% |
| 2011-03-31 | Rs4.22 Billion ≈ $45.68 Million |
+15.18% |
| 2010-03-31 | Rs3.67 Billion ≈ $39.66 Million |
+20.27% |
| 2009-03-31 | Rs3.05 Billion ≈ $32.97 Million |
-0.94% |
| 2008-03-31 | Rs3.08 Billion ≈ $33.29 Million |
-0.13% |
| 2007-03-31 | Rs3.08 Billion ≈ $33.33 Million |
-2.19% |
| 2006-03-31 | Rs3.15 Billion ≈ $34.08 Million |
+93.13% |
| 2005-03-31 | Rs1.63 Billion ≈ $17.65 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Whirlpool of India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3557590000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs35.58 Billion | 90.07% |
| Common Stock | Rs1.27 Billion | 3.21% |
| Other Comprehensive Income | Rs2.53 Billion | 6.40% |
| Other Components | Rs126.90 Million | 0.32% |
| Total Equity | Rs39.50 Billion | 100.00% |
Whirlpool of India Limited Competitors by Market Cap
The table below lists competitors of Whirlpool of India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lontium Semiconductor Corp. A
SHG:688486
|
$1.11 Billion |
|
Shinry Technologies Co Ltd Class A
SHE:300745
|
$1.11 Billion |
|
MBB INDUSTRIES
XETRA:MBB
|
$1.11 Billion |
|
Create Technology & Science Co Ltd
SHE:000551
|
$1.11 Billion |
|
Chimera Investment Corporation
NYSE:CIM
|
$1.11 Billion |
|
Oriental Holdings Bhd
KLSE:4006
|
$1.11 Billion |
|
Strides Pharma Science Limited
NSE:STAR
|
$1.11 Billion |
|
Guangzhou KDT Machinery Co Ltd
SHE:002833
|
$1.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Whirlpool of India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,886,000,000 to 39,497,800,000, a change of 2,611,800,000 (7.1%).
- Net income of 3,590,000,000 contributed positively to equity growth.
- Dividend payments of 634,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 128,000,000.
- Other factors decreased equity by 471,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs3.59 Billion | +9.09% |
| Dividends Paid | Rs634.40 Million | -1.61% |
| Other Comprehensive Income | Rs128.00 Million | +0.32% |
| Other Changes | Rs-471.80 Million | -1.19% |
| Total Change | Rs- | 7.08% |
Book Value vs Market Value Analysis
This analysis compares Whirlpool of India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 62.79x to 2.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs12.86 | Rs807.50 | x |
| 2006-03-31 | Rs24.84 | Rs807.50 | x |
| 2007-03-31 | Rs24.29 | Rs807.50 | x |
| 2008-03-31 | Rs24.26 | Rs807.50 | x |
| 2009-03-31 | Rs24.03 | Rs807.50 | x |
| 2010-03-31 | Rs28.90 | Rs807.50 | x |
| 2011-03-31 | Rs33.29 | Rs807.50 | x |
| 2012-03-31 | Rs38.64 | Rs807.50 | x |
| 2013-03-31 | Rs48.67 | Rs807.50 | x |
| 2014-03-31 | Rs58.33 | Rs807.50 | x |
| 2015-03-31 | Rs72.18 | Rs807.50 | x |
| 2016-03-31 | Rs91.68 | Rs807.50 | x |
| 2017-03-31 | Rs116.89 | Rs807.50 | x |
| 2018-03-31 | Rs141.59 | Rs807.50 | x |
| 2019-03-31 | Rs169.10 | Rs807.50 | x |
| 2020-03-31 | Rs202.05 | Rs807.50 | x |
| 2021-03-31 | Rs225.29 | Rs807.50 | x |
| 2022-03-31 | Rs264.68 | Rs807.50 | x |
| 2023-03-31 | Rs277.47 | Rs807.50 | x |
| 2024-03-31 | Rs290.73 | Rs807.50 | x |
| 2025-03-31 | Rs311.32 | Rs807.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Whirlpool of India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.53%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 1.72x
- Recent ROE (9.09%) is below the historical average (13.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -61.17% | -10.30% | 1.04x | 5.70x | Rs-1.16 Billion |
| 2006 | -12.09% | -3.11% | 1.31x | 2.97x | Rs-696.08 Million |
| 2007 | -1.72% | -0.37% | 1.49x | 3.15x | Rs-361.37 Million |
| 2008 | 10.50% | 1.83% | 1.65x | 3.48x | Rs15.36 Million |
| 2009 | 23.13% | 4.28% | 1.78x | 3.04x | Rs400.26 Million |
| 2010 | 39.55% | 6.78% | 1.88x | 3.10x | Rs1.08 Billion |
| 2011 | 39.31% | 6.36% | 1.99x | 3.11x | Rs1.24 Billion |
| 2012 | 25.24% | 4.66% | 2.24x | 2.42x | Rs747.12 Million |
| 2013 | 20.69% | 4.61% | 2.00x | 2.24x | Rs659.95 Million |
| 2014 | 16.61% | 4.34% | 1.81x | 2.12x | Rs489.06 Million |
| 2015 | 22.99% | 6.39% | 1.78x | 2.02x | Rs1.19 Billion |
| 2016 | 21.27% | 7.10% | 1.55x | 1.94x | Rs1.31 Billion |
| 2017 | 20.94% | 7.88% | 1.37x | 1.94x | Rs1.62 Billion |
| 2018 | 19.52% | 7.30% | 1.49x | 1.80x | Rs1.71 Billion |
| 2019 | 19.10% | 7.61% | 1.45x | 1.73x | Rs1.95 Billion |
| 2020 | 19.12% | 8.19% | 1.37x | 1.70x | Rs2.34 Billion |
| 2021 | 12.31% | 5.96% | 1.17x | 1.77x | Rs659.99 Million |
| 2022 | 16.87% | 9.14% | 1.09x | 1.69x | Rs2.31 Billion |
| 2023 | 6.22% | 3.28% | 1.12x | 1.69x | Rs-1.33 Billion |
| 2024 | 5.88% | 3.18% | 1.11x | 1.66x | Rs-1.52 Billion |
| 2025 | 9.09% | 4.53% | 1.17x | 1.72x | Rs-359.78 Million |
Industry Comparison
This section compares Whirlpool of India Limited's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $7,217,805,777
- Average return on equity (ROE) among peers: 16.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Whirlpool of India Limited (WHIRLPOOL) | Rs41.33 Billion | -61.17% | 0.58x | $1.11 Billion |
| Archidply Decor Limited (ADL) | $495.82 Million | -1.42% | 0.53x | $4.17 Million |
| Airo Lam limited (AIROLAM) | $119.84 Million | 12.37% | 3.06x | $14.22 Million |
| Amber Enterprises India Limited (AMBER) | $19.54 Billion | 8.05% | 2.20x | $3.03 Billion |
| AVRO INDIA LIMITED (AVROIND) | $67.79 Million | 12.57% | 1.32x | $1.50 Million |
| Bajaj Electricals Limited (BAJAJELEC) | $8.63 Billion | 11.84% | 2.56x | $410.62 Million |
| Borosil Limited (BOROLTD) | $5.80 Billion | 11.36% | 0.86x | $299.33 Million |
| Butterfly Gandhimathi Appliances Limited (BUTTERFLY) | $2.35 Billion | 5.26% | 1.49x | $126.04 Million |
| CARYSIL LIMITED (CARYSIL) | $1.36 Billion | 12.64% | 1.02x | $380.74 Million |
| Cello World Limited (CELLO) | $2.73 Billion | 74.79% | 3.89x | $926.49 Million |
| Crompton Greaves Consumer Electricals Limited (CROMPTON) | $31.08 Billion | 14.91% | 0.82x | $1.93 Billion |
About Whirlpool of India Limited
Whirlpool of India Limited manufactures and markets home appliances in India and internationally. It offers refrigerators, washing machines, air conditioners, microwave ovens, kitchen, built-in, and small appliances as well as dishwasher. The company was incorporated in 1960 and is headquartered in Gurugram, India. Whirlpool of India Limited operates as a subsidiary of Whirlpool Corporation.