WHIRLPOOL OF INDIA has announced its results for the year ended March 2018. Let us have a look at the detailed performance review of the company during FY17-18.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 35,212 | 46,780 | 32.9% |
Other income | Rs m | 730 | 867 | 18.8% |
Total Revenues | Rs m | 35,942 | 47,647 | 32.6% |
Gross profit | Rs m | 4,888 | 5,600 | 14.6% |
Depreciation | Rs m | 875 | 1,015 | 16.1% |
Interest | Rs m | 59 | 44 | -25.5% |
Profit before tax | Rs m | 4,685 | 5,408 | 15.4% |
Tax | Rs m | 1,580 | 1,902 | 20.4% |
Profit after tax | Rs m | 3,105 | 3,507 | 12.9% |
Gross profit margin | % | 13.9 | 12.0 | |
Effective tax rate | % | 33.7 | 35.2 | |
Net profit margin | % | 8.8 | 7.5 |
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No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | % Change | |
---|---|---|---|---|
Networth | Rs m | 14,536 | 17,569 | 20.9 |
Current Liabilities | Rs m | 12,539 | 12,658 | 0.9 |
Long-term Debt | Rs m | 0 | 0 | 0.0 |
Total Liabilities | Rs m | 28,602 | 31,979 | 11.8 |
Current assets | Rs m | 22,332 | 21,484 | -3.8 |
Fixed Assets | Rs m | 6,270 | 10,496 | 67.4 |
Total Assets | Rs m | 28,602 | 31,979 | 11.8 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-17 | Mar-18 | ||
Cash Flow from Operating Activities | Rs m | 3,836 | 3,842 | 0.2% |
Cash Flow from Investing Activities | Rs m | -1,801 | -4,151 | - |
Cash Flow from Financing Activities | Rs m | -13 | -465 | - |
Net Cash Flow | Rs m | 2,022 | -774 | - |
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 277.5 | 368.7 |
TTM Earnings per share | Rs | 24.5 | 27.6 |
Diluted earnings per share | Rs | 24.5 | 27.6 |
Price to Cash Flow | x | 39.0 | 38.9 |
TTM P/E ratio | x | 65.0 | 54.8 |
Price / Book Value ratio | x | 8.6 | 10.0 |
Market Cap | Rs m | 124,940 | 175,933 |
Dividends per share (Unadj.) | Rs | 3.0 | 4.0 |
Current Ratio: The company's current ratio deteriorated and stood at 1.7x during FY18, from 1.8x during FY17. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 124.2x during FY18, from 80.5x during FY17. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 20.0% during FY18, from 21.4% during FY18. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 31.0% during FY18, from 32.6% during FY17. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 11.1% during FY18, from 11.1% during FY17. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-17* | 12 Mar-18* | |
---|---|---|---|
Current ratio | x | 1.8 | 1.7 |
Debtors’ Days | Days | 212 | 188 |
Interest coverage | x | 80.5 | 124.2 |
Debt to equity ratio | x | 0.0 | 0.0 |
Return on assets | % | 11.1 | 11.1 |
Return on equity | % | 21.4 | 20.0 |
Return on capital employed | % | 32.6 | 31.0 |
To see how WHIRLPOOL OF INDIA has performed over the last 5 years, please visit here.
Over the last one year, WHIRLPOOL OF INDIA share price has moved up from Rs 1,223.9 to Rs 1,513.6, registering a gain of Rs 289.7 or around 23.7%.
Meanwhile, the S&P BSE CONSUMER DURABLES Index is trading at Rs 22,261.9 (up 0.2%). Over the last one year it has moved up from 15,257.3 to 22,261.9, a gain of 7,005 points (up 45.9%).
Overall, the S&P BSE SENSEX is up 12.1% over the year.
(To know more, check out historical annual results for WHIRLPOOL OF INDIA and quarterly results for WHIRLPOOL OF INDIA)
WHIRLPOOL OF INDIA currently trades at Rs 1,418.7 per share. You can check out the latest share price performance of WHIRLPOOL OF INDIA here...
The revenues of WHIRLPOOL OF INDIA stood at Rs 47,647 m in FY18, which was up 32.6% compared to Rs 35,942 m reported in FY17.
WHIRLPOOL OF INDIA's revenue has grown from Rs 25,913 m in FY14 to Rs 47,647 m in FY18.
Over the past 5 years, the revenue of WHIRLPOOL OF INDIA has grown at a CAGR of 16.4%.
The net profit of WHIRLPOOL OF INDIA stood at Rs 3,507 m in FY18, which was up 12.9% compared to Rs 3,105 m reported in FY17.
This compares to a net profit of Rs 2,400 m in FY16 and a net profit of Rs 2,105 m in FY15.
Over the past 5 years, WHIRLPOOL OF INDIA net profit has grown at a CAGR of 30.0%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of WHIRLPOOL OF INDIA reveals:
Here's the cash flow statement of WHIRLPOOL OF INDIA for the past 5 years.
(Rs m) | FY14 | FY15 | FY16 | FY17 | FY18 |
---|---|---|---|---|---|
From Operations | 2,036 | 2,999 | 3,438 | 3,836 | 3,842 |
From Investments | -660 | -553 | -284 | -1,801 | -4,151 |
From Financial Activity | -10 | -6 | -9 | -13 | -465 |
Net Cashflow | 1,366 | 2,440 | 3,145 | 2,022 | -774 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of WHIRLPOOL OF INDIA reveals:
Here's the ratio/financial analysis of WHIRLPOOL OF INDIA for the past 5 years.
FY14 | FY15 | FY16 | FY17 | FY18 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 8.3 | 11.0 | 12.5 | 13.9 | 12.0 |
Net Profit Margin (%) | 4.8 | 7.0 | 7.8 | 8.8 | 7.5 |
Debt to Equity Ratio (x) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Read: Latest Annual Report Analysis of WHIRLPOOL OF INDIA
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