Date: May 20, 2026

Dividend Declaration or Non-Declaration

The Board of Directors has recommended a final dividend of INR 5 per equity share of INR 10 each, aggregating to INR 6,344 lacs, subject to approval of shareholders in the ensuing Annual General Meeting.

Board Meeting Outcomes

The results were approved by the Board of Directors in their meeting held on May 20, 2026. The certificate obtained from the Managing Director and CFO in respect of the results in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been placed before the Board of Directors.

Financial Results (Standalone & Consolidated)

Standalone Results (INR in lacs)

Quarter Ended March 31, 2026:

  • Revenue from operations: ₹203,005
  • Total Income: ₹207,765
  • Profit before tax: ₹9,081
  • Profit for the period: ₹6,662
  • EPS: ₹5.25 (not annualized)

Year Ended March 31, 2026:

  • Revenue from operations: ₹747,380
  • Total Income: ₹765,270
  • Profit before tax: ₹32,486
  • Profit for the year: ₹24,223
  • EPS: ₹19.09 (annualized)
  • Other comprehensive income: ₹158
  • Total comprehensive income: ₹24,381

Consolidated Results (INR in lacs)

Quarter Ended March 31, 2026:

  • Revenue from operations: ₹218,077
  • Total Income: ₹223,384
  • Profit before tax: ₹10,983
  • Profit for the period: ₹8,050
  • Net profit attributable to parent: ₹8,020
  • EPS: ₹6.32 (not annualized)

Year Ended March 31, 2026:

  • Revenue from operations: ₹803,420
  • Total Income: ₹823,339
  • Profit before tax: ₹39,663
  • Profit for the year: ₹29,530
  • Net profit attributable to parent: ₹29,375
  • EPS: ₹23.15 (annualized)
  • Other comprehensive income: ₹175
  • Total comprehensive income: ₹29,705

Other Operational / Legal / Strategic Disclosures

1. Subsidiary Information: The consolidated financial results comprise the financial results of the Company and its subsidiary Elica PB Whirlpool Kitchen Appliances Private Limited ("Elica India").

2. Segment Information: The Company's operations predominantly comprise only one reportable segment, i.e., Home Appliances.

3. Exceptional Items:

  • ₹991 lacs represents the final tranche of insurance claim received (first tranche of ₹700 lacs received in March 2025 quarter) against the fire loss that occurred at warehouse in Delhi on March 25, 2024.
  • The Ministry of Labour & Employment announced implementation of four Labour Codes effective November 21, 2025. The Group accrued incremental impact of ₹3,884 lacs (₹3,341 lacs in standalone results) disclosed as an 'Exceptional Item'.

4. Ownership Change: Whirlpool Corporation partially diluted its shareholding, reducing promoter holding from 51% to 39.76%. The Company ceased to be subsidiary of Whirlpool Mauritius Limited w.e.f. November 28, 2025.

5. Subsidiary Acquisition: On March 10, 2026, the Company acquired additional 3.18% shareholding of Elica PB Whirlpool Kitchen Appliances Private Limited for ₹5,856 lacs, increasing total shareholding to 100%.

Balance Sheet Highlights (INR in lacs)

Standalone as at March 31, 2026:

  • Total Assets: ₹667,181
  • Total Equity: ₹366,412
  • Total Liabilities: ₹300,769
  • Inventories: ₹140,754
  • Trade receivables: ₹67,590
  • Cash and cash equivalents: ₹53,819

Consolidated as at March 31, 2026:

  • Total Assets: ₹738,443
  • Total Equity: ₹416,064
  • Total Liabilities: ₹322,379
  • Inventories: ₹150,861
  • Trade receivables: ₹74,028
  • Cash and cash equivalents: ₹61,497

Cash Flow Statement (Year Ended March 31, 2026)

Standalone:

  • Net cash from operating activities: ₹23,267
  • Net cash used in investing activities: ₹(180,855)
  • Net cash used in financing activities: ₹(14,688)
  • Net decrease in cash: ₹(172,276)

Consolidated:

  • Net cash from operating activities: ₹29,794
  • Net cash used in investing activities: ₹(203,201)
  • Net cash used in financing activities: ₹(21,193)
  • Net decrease in cash: ₹(194,600)