India Consumer Durables: On the Ground Signals of Sales Slowdown in Anticipation of GST

India Consumer Discretionary: Key Takeaways from 4QFY17 Performance

Value investor- India mid & small caps

Bhaskar Chakraborty

Equity Bottom-Up

<p>Under its new MD (ex Pepsico and Cola Cola), <a href="https://www.smartkarma.com/entities/7270" target="_blank" data-smartkarma-citation="entities:7270:1">Whirlpool Of India Ltd (WHIRL IN)</a> had announced a 3 prong strategy in FY17 that included-</p><ul><li>Focus on growth with target of 20% revenue Cagr over FY17-20 as opposed to margin defense strategy followed over FY12-16 that saw it concede market share to Korean and Chinese players.</li><li>Increasing retail presence 50% by FY20 (27,000 outlets from 18,000 in FY17)</li><li>Plug portfolio gaps including front load washing machines, premium frost-free refrigerators and inverter aircons.</li></ul><p>The company is walking the talk as we can see from the latest result in the just concluded quarter in which GST was implemented.</p>

Under its new MD (ex Pepsico and Cola Cola), Whirlpool Of India Ltd (WHIRL IN) had announced a 3 prong strategy in FY17 that included-Focus on growth with target of 20% revenue Cagr over FY17-20 as opposed to margin defense strategy followed over FY12-16 that saw it concede market share to Korean and Chinese players.Increasing retail presence 50% by FY20 (27,000 outlets from 18,000 in FY17)Plug portfolio gaps including front load washing machines, premium frost-free refrigerators and inverter aircons.The company is walking the talk as we can see from the latest result in the just concluded quarter in which GST was implemented.

Whirlpool of India: Delivering on the Promise