LG Electronics India Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1.14L Cr
- P/E
- 62.57
- ROE
- 24.69%
- PEG
- 8.05
- Price to sales
- 4.46
- Debt to equity
- 0.06
- 52W high / low
- ₹1,780 / ₹1,319
- Sales growth (5Y)
- 10.28%
- EBITDA margin
- 10.14%
- Net profit margin
- 6.84%
- Promoter holding
- 85.00%
- Sales (last year)
- ₹25,575 Cr
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.
Guidance scorecard · Q1 FY27 call
What LG Electronics's management guided
and where it ranks in Consumer Durables
Consumer Durables
RevenueQ1 FY27 call
10–20%- Q1 FY27 saw a strong 15.5% YoY revenue growth, driven by balanced portfolio-wide double-digit growth in volume and value.
- All major product categories (TVs, washing machines, air conditioners, refrigerators) and markets (domestic and exports) are contributing to growth.
- Premium and Essential product segments driving volume and margin expansion.
- Home Entertainment segment (TVs) expects sustained growth, fueled by consumer shift to larger, premium screens and enriched product portfolio (e.g., QNED, Micro RGB).
- Export business grew 30% in Q1, expanding footprint to 65 countries, including premium products and Essential series. Export margins are higher than domestic.
- B2B segment showing strong momentum, targeting sustained 20% CAGR growth driven by HVAC and information display panels.
- Localization efforts to improve margins and reduce currency risks, supporting long-term growth.
2 more points from LG Electronics's call on revenue
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MarginsQ1 FY27 call
FlatSee what LG Electronics said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- LG Electronics India is undertaking a transformational capital investment of INR 5,000 crores in the Sri City plant.
- This investment will be deployed in a phased manner over the next few years.
- Sri City plant will almost double manufacturing capacity, strengthen export capabilities, and position LG India as a future global export hub.
- Capital expenditure in Q1 FY27 was INR 7.36 billion, with INR 5.88 billion deployed at Sri City.
- Compressor production at Sri City started in Q3 FY27; room air conditioner production to begin in Q4 FY27.
- Additional investments are being made at existing Pune and Greater Noida facilities to scale up capacity, expand Essential series production, and ramp up premium product manufacturing.
2 more points from LG Electronics's call on capex
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FundraisingQ1 FY27 call
See what LG Electronics said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- It highlights strong demand momentum and order inflows in the B2B segment, particularly for Information Display panels and HVAC products.
- LED signage recorded its highest-ever quarterly sales in Q1 FY27 with increasing government and corporate orders.
- Interactive panels lead orders in smart classroom projects, with healthy corporate sector demand for large-size and commercial display solutions.
- Continuous inflow of government and corporate orders supports a confident outlook for a 20% CAGR growth trajectory in B2B (2022 to 2025).
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Consumer Durables companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹166 Cr | 20.3 | |
| 2 | 40%+ | Up 2%+ | ₹100 Cr | 12.7 | |
| 3 | 40%+ | Up 0–2% | ₹3,249 Cr | 17.4 | |
| 4 | 40%+ | Up 0–2% | ₹2,081 Cr | 18.8 | |
| 5 | 40%+ | Flat | ₹2,429 Cr | 41.1 | |
| 6 | 40%+ | Flat | ₹2,163 Cr | 25.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables rankingFinancials of LG Electronics
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of LG Electronics
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 6,114 | 4,396 | 7,448 | 6,263 | 6,174 | 4,114 | 8,054 |
| Expenses + | 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% |
| Other Income + | 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% |
| Net Profit + | 536 | 233 | 755 | 513 | 389 | 90 | 693 |
| EPS in Rs | 3.44 | 11.12 | 7.56 | 5.74 | 1.32 | 10.21 |
Financials of LG Electronics
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 15,710 | 15,087 | 16,834 | 19,865 | 21,352 | 24,367 | 24,605 |
| Expenses + | 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% |
| Other Income + | 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% |
| Net Profit + | 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% |
Financials of LG Electronics
Balance Sheet
Capital structure and asset base
| 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 |
| Borrowings + | 0 | 0 | 0 | 318 | 370 | 428 | 459 |
| Other Liabilities + | 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 |
| Fixed Assets + | 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 |
| Other Assets + | 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 |
Financials of LG Electronics
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2,043 | 598 | 1,871 | 1,665 | 1,654 | 1,721 | |
| Cash from Investing Activity + | 30 | -73 | -274 | -20 | -29 | -856 | |
| Cash from Financing Activity + | -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% |
Financials of LG Electronics
Ratios
Working capital efficiency and return 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% |
Guidance history
How LG Electronics's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | — | Rising |
| Q4 FY26 call → | 10–20% | Up 2%+ | Planned | — | — |
| Q3 FY26 call → | 10–20% | Flat | Planned | — | — |
| Q2 FY26 call → | 10–20% | Flat | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
65 out of 100 — Steady
Over the past year its share price has moved roughly in the middle of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +1.6% | 61% |
| Last 6 months | +5.6% | 61% |
| Last 3 months | +12.1% | 81% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For LG Electronics: 0.4 × 61 + 0.4 × 61 + 0.2 × 81 = 65.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What LG Electronics's management said in earlier quarters
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