LG Electronics India Ltd

AI

LG Electronics India Ltd

₹ 1,745 0.96%
13 Nov - close price
About

Incorporated in 1997, LG Electronics India Limited is a manufacturer and distributor of home appliances and consumer electronics.[1]LG Corporation, formerly known as Lucky-Goldstar, is a South Korean multinational conglomerate founded by Koo In-hwoi in 1947 and managed by successive generations of his family. It is the fourth-largest company in South Korea.

Key Points

Business Profile:[1]
LG Electronics India Ltd is a leading player
in India’s home appliances and consumer
electronics industry.
It holds the #1 offline market share across
key categories, including washing machines, refrigerators, panel televisions, inverter air conditioners and microwaves.

  • Market Cap ₹ 1,18,538 Cr.
  • Current Price ₹ 1,745
  • High / Low ₹ 1,836 / 1,300
  • Stock P/E 61.6
  • Book Value ₹ 130
  • Dividend Yield 0.00 %
  • ROCE 32.3 %
  • ROE 24.7 %
  • Face Value ₹ 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 34.2%

Cons

  • Stock is trading at 13.4 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 10.3% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
6,114 4,396 7,448 6,263 6,174 4,114 8,054 7,233 7,380
5,357 4,055 6,400 5,547 5,626 3,918 7,108 6,329 6,679
Operating Profit 757 340 1,048 716 548 196 945 904 701
OPM % 12% 8% 14% 11% 9% 4.8% 12% 12% 10%
67 79 67 74 80 76 101 95 86
Interest 7 9 9 8 9 9 14 9 9
Depreciation 97 90 97 90 93 111 102 112 123
Profit before tax 720 321 1,010 692 525 152 931 878 655
Tax % 26% 27% 25% 26% 26% 41% 26% 26% 25%
536 233 755 513 389 90 693 653 489
EPS in Rs 3.44 11.12 7.56 5.74 1.32 10.21 9.62 7.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
15,710 15,087 16,834 19,865 21,352 24,367 24,605 26,781
13,241 12,732 15,124 17,963 19,123 21,252 22,192 24,035
Operating Profit 2,469 2,355 1,711 1,901 2,229 3,115 2,413 2,747
OPM % 16% 16% 10% 10% 10% 13% 10% 10%
300 33 173 241 205 264 328 357
Interest 6 20 24 25 32 35 45 41
Depreciation 242 244 258 300 364 380 396 447
Profit before tax 2,521 2,124 1,601 1,817 2,037 2,963 2,300 2,615
Tax % 26% 28% 27% 26% 26% 26% 27%
1,854 1,529 1,175 1,345 1,511 2,203 1,685 1,925
EPS in Rs 32.46 24.83 28.36
Dividend Payout % 0% 87% 193% 185% 138% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 10%
3 Years: 7%
TTM: 10%
Compounded Profit Growth
10 Years: %
5 Years: 2%
3 Years: 8%
TTM: 2%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 4%
Return on Equity
10 Years: %
5 Years: 30%
3 Years: 34%
Last Year: 25%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 113 113 113 113 113 679 679 679
Reserves 6,279 6,473 5,388 4,243 3,659 5,291 6,987 8,130
0 0 0 318 370 428 459 482
2,810 4,472 3,918 4,321 4,356 5,119 5,512 6,754
Total Liabilities 9,202 11,059 9,419 8,995 8,498 11,517 13,636 16,045
835 1,049 1,048 1,343 1,319 1,329 1,560 1,590
CWIP 85 34 103 25 24 75 458 1,786
Investments 0 0 0 0 0 0 0 7
8,282 9,976 8,269 7,628 7,155 10,113 11,618 12,663
Total Assets 9,202 11,059 9,419 8,995 8,498 11,517 13,636 16,045

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,043 598 1,871 1,665 1,654 1,721
30 -73 -274 -20 -29 -859
-1,373 -2,326 -2,561 -2,185 -106 -127
Net Cash Flow 700 -1,801 -964 -540 1,519 735
Free Cash Flow 1,868 328 1,357 1,425 1,319 549
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 111% 58% 122% 100% 77% 97%

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 12 26 30 28 31 35 42
Inventory Days 80 99 75 69 59 67 63
Days Payable 76 125 80 80 73 74 75
Cash Conversion Cycle 16 -0 24 17 17 28 30
Working Capital Days 11 -1 12 4 4 14 16
ROCE % 35% 27% 36% 47% 57% 32%

Insights

In beta
Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Installed Capacity (Noida and Pune Plants)
units

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Localization Rate (Raw Materials Sourced from Domestic Suppliers)
%
Aggregate Capacity Utilization
%
Exports as % of Revenue (Overseas Revenue Share)
%
Refrigerator Market Share (Offline, Value)
%
Washing Machine Market Share (Offline, Value)
%
Panel Television Market Share (Offline, Value)
%
Room Air Conditioner Market Share (Offline, Value)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2025Mar 2026Jun 2026Sep 2026
85.00% 85.00% 85.00% 85.00%
3.00% 2.73% 3.13% 2.60%
7.15% 8.03% 7.84% 8.73%
0.00% 0.00% 0.00% 0.06%
4.85% 4.25% 4.03% 3.62%
No. of Shareholders 10,93,8459,73,7639,19,5618,19,345

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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