LG Electronics India Ltd

LG Electronics India Ltd

₹ 1,524 -0.16%
29 May - 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 (LGEIL) is a leading player in India’s home appliances and consumer electronics industry, holding the #1 market share across multiple key categories such as washing machines, refrigerators, panel televisions, inverter air conditioners, and microwaves in the offline channel.

  • Market Cap 1,03,438 Cr.
  • Current Price 1,524
  • High / Low 1,749 / 1,300
  • Stock P/E 61.4
  • Book Value 113
  • Dividend Yield 0.00 %
  • ROCE 32.2 %
  • 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 34.3%

Cons

  • Stock is trading at 13.5 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
6,114 4,396 7,448 6,263 6,174 4,114 8,054
5,357 4,055 6,400 5,547 5,626 3,918 7,108
Operating Profit 757 340 1,048 716 548 196 945
OPM % 12% 8% 14% 11% 9% 5% 12%
67 79 67 74 80 76 101
Interest 7 9 9 8 9 9 14
Depreciation 97 90 97 90 93 111 102
Profit before tax 720 321 1,010 692 525 152 931
Tax % 26% 27% 25% 26% 26% 41% 26%
536 233 755 513 389 90 693
EPS in Rs 3.44 11.12 7.56 5.74 1.32 10.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
15,710 15,087 16,834 19,865 21,352 24,367 24,605
13,241 12,732 15,124 17,963 19,123 21,252 22,197
Operating Profit 2,469 2,355 1,711 1,901 2,229 3,115 2,408
OPM % 16% 16% 10% 10% 10% 13% 10%
300 33 173 241 205 264 328
Interest 6 20 24 25 32 35 41
Depreciation 242 244 258 300 364 380 396
Profit before tax 2,521 2,124 1,601 1,817 2,037 2,963 2,300
Tax % 26% 28% 27% 26% 26% 26% 27%
1,854 1,529 1,175 1,345 1,511 2,203 1,685
EPS in Rs 32.46 24.83
Dividend Payout % 0% 87% 193% 185% 138% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 10%
3 Years: 7%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: 2%
3 Years: 8%
TTM: -23%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
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
Equity Capital 113 113 113 113 113 679 679
Reserves 6,279 6,473 5,388 4,243 3,659 5,291 6,987
0 0 0 318 370 428 459
2,810 4,472 3,918 4,321 4,356 5,119 5,512
Total Liabilities 9,202 11,059 9,419 8,995 8,498 11,517 13,636
835 1,049 1,048 1,343 1,319 1,329 1,561
CWIP 85 34 103 25 24 75 457
Investments 0 0 0 0 0 0 0
8,282 9,976 8,269 7,628 7,155 10,113 11,618
Total Assets 9,202 11,059 9,419 8,995 8,498 11,517 13,636

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 -856
-1,373 -2,326 -2,561 -2,185 -106 -127
Net Cash Flow 700 -1,801 -964 -540 1,519 737
Free Cash Flow 1,868 328 1,357 1,425 1,319 549
CFO/OP 111% 58% 122% 100% 77% 97%

Ratios

Figures in Rs. Crores

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
Dec 2022 Dec 2023 Sep 2025
Refrigerator Offline Value Market Share
%

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Room Air Conditioner (RAC) Offline Value Market Share
%
TV Offline Value Market Share
%
Washing Machine Offline Value Market Share
%
Export Contribution to Revenue
%
Localization Rate
%
Working Capital Cycle
Days
B2B Business Revenue Contribution
%
Microwave Market Share
%
OLED TV Market Share
%
Side-by-Side Refrigerator Market Share
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2025Mar 2026
85.00% 85.00%
3.00% 2.73%
7.15% 8.03%
4.85% 4.25%
No. of Shareholders 10,93,8459,73,763

* 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.

Click on the line-items to see the names of individual entities.

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