LGEINDIA
LG Electronics India Limited
NSELast Traded Price
₹1748.8
16.1 (0.93%)
Open
₹1734.9
High
₹1765.1
Low
₹1713.9
Prev Close
₹1732.7
Industry
Household Appliances
Market Cap
119328.19 Cr
Filing History
Recent corporate announcements and filings for LGEINDIA
Business Update
Positive
2026-10-07 12:36
- LG Electronics India announced its "Celebration of Trust" Diwali campaign offering promotional deals on home appliances and consumer electronics until November 15, 2026.
- Key offers include up to 26% cashback (up to ₹30,000), EMIs starting from ₹888, zero down payment schemes, extended warranties, and complimentary products or maintenance packages on select models.
Governance
Negative
2026-09-25 12:33
CRITICAL RED FLAG DETECTED
- LG Electronics India Limited received a Show Cause Notice dated September 22, 2026, from the Commissioner of Customs (NS-V).
- The notice proposes recovery of customs duty amounting to ₹153.58 crores alleging non-inclusion of royalty payments in the assessable value of imported goods.
- No penalty or restriction has been imposed at this stage, and the company is evaluating the matter to submit its response.
Routine
Neutral
2026-09-23 16:26
- Trading Window for Designated Persons closed from October 01, 2026, until 48 hours after the declaration of Unaudited Financial Results for Q2 FY27 (quarter ended September 30, 2026).
- The date of the Board Meeting for results will be intimated later.
Business Update
Positive
2026-09-22 12:38
- LG India has launched a new range of Semi-Automatic Washing Machines.
- The new lineup features premium aesthetics and advanced washing technologies, including Toughened Glass Lid, Dual Spin Shower, Roller Jet Pulsator+, Ultra Scrub Wall, and Wind Jet Dry+.
- Available across 15 models in 8 kg to 12 kg capacities.
- Exports of these machines are scheduled to begin in 2027, targeting over 10 countries globally.
Business Update
Positive
2026-09-17 15:25
- LG Electronics India received dual accolades at the 25th Asia Pacific HRM Congress Awards 2026, being recognized as a "Top Organisation with Innovative HR Practices." - Mr. Jwa Nam Kim, Chief Human Resources Officer (CHO), was conferred with the "Most Impactful HR Leader Award."
Business Update
Positive
2026-09-17 13:05
- LG Electronics India launched a new Convertible Chest Freezer range, entering the Indian chest freezer market on September 17, 2026.
- The range includes six models (102L-530L) with convertible cooling (-31°C to +10°C) and up to 5-star BEE ratings.
- Prices start at INR 28,990, expanding LG's commercial refrigeration portfolio.
Business Update
Neutral
2026-09-08 15:51
- Schedule of Analyst/Institutional Investors meet
- September 15-17, 2026: HSBC Securities and Capital Markets (India) Pvt Ltd in London (UK) from 10:00 AM (BST) Onwards
- September 21-22, 2026: The 33rd CITIC CLSA Investors' Forum in Hong Kong from 9:00 AM (HKT) Onwards
- September 23, 2026: 2026 Asia Pacific Conference - Bank of America in Hong Kong from 9:00 AM (HKT) Onwards
- No Unpublished Price Sensitive Information (UPSI) will be shared.
Governance
Negative
2026-09-03 17:27
CRITICAL RED FLAG DETECTED
- Mr. Yoojae Kim, Senior Management Personnel and B2B Biz Department Leader, ceased association with LG Electronics India Limited effective August 12, 2026, due to a move back to Korea.
- The disclosure of this information was unintentionally delayed.
Business Update
Positive
2026-08-20 18:58
- Q1 FY27 Consolidated Revenue ₹7,233 Cr vs ₹6,263 Cr (▲15.5% YoY)
- EBITDA ₹904 Cr vs ₹716 Cr (▲26.2% YoY)
- PAT ₹653 Cr vs ₹513 Cr (▲27.2% YoY)
- EBITDA Margin 12.5% vs 11.4% (▲110 bps YoY)
- Achieved strong, diversified double-digit growth across all key categories including premium and Essential series.
- Recorded highest ever quarterly export performance with 30% growth in Q1, expanding to 65 countries, with exports being margin accretive.
- B2B segment delivered strong growth, with a 20% CAGR growth trajectory expected for commercial ACs, driven by government and corporate orders.
- Targeting 65% localization rate in 3-4 years (from 55.2%), supported by Sri City plant's compressor production from Q3 FY27, which is expected to further improve margins.
- Healthy demand outlook for FY27, driven by festive season, new launches, and consumer shift towards value, technology, and premium products.
- Preserving internal accruals to fund the ongoing ₹5,000 Cr Sri City plant investment; dividend plans will be reviewed post investment and cash generation growth.
Business Update
Positive
2026-08-18 14:30
- LG Electronics India Limited won 10 awards at DIGIT India's Top Appliance Awards 2026. - Products across TV, Refrigerator, Air Conditioner, Washing Machine, Microwave, and Dishwasher categories were recognized for excellence and innovation based on a rigorous, data-driven evaluation process.
Business Update
Neutral
2026-08-14 19:44
- Link to the audio recording of the earnings call presentation provided.
- The call covered un-audited financial results for the quarter ended June 30, 2026.
- The presentation was held on August 14, 2026.
Financials
Positive
2026-08-13 18:22
- Q1 FY27 Revenue ₹7233Cr vs ₹6263Cr (▲15.5% YoY)
- EBITDA ₹904Cr vs ₹716Cr (▲26.2% YoY)
- PAT ₹653Cr vs ₹513Cr (▲27.2% YoY)
- EBITDA Margin 12.5% vs 11.4% (▲106bps)
Financials
Positive
2026-08-13 17:50
- Q1 FY27 Consolidated Revenue ₹72.33Bn vs ₹62.63Bn (▲15.5% YoY)
- EBITDA ₹9.04Bn vs ₹7.16Bn (▲26.3% YoY)
- PAT ₹6.53Bn vs ₹5.13Bn (▲27.3% YoY)
- EBITDA Margin 12.5% vs 11.4% (▲110bps)
Financials
Positive
2026-08-13 17:33
- Q1 FY27 Consolidated Revenue ₹7,233.35Cr vs ₹6,262.94Cr (▲15% YoY)
- EBITDA ₹904.28Cr vs ₹716.27Cr (▲26% YoY)
- PAT ₹652.86Cr vs ₹513.26Cr (▲27% YoY)
- EBITDA Margin 12.50% vs 11.44% (▲106bps)
Business Update
Neutral
2026-08-12 21:21
- Concall Schedule
- LG Electronics India Limited has scheduled three investor meetings in Mumbai.
- **Meeting 1:** August 17, 2026, 10:00 AM IST onwards, organized by Motilal Oswal Financial Services.
- **Meeting 2:** August 24-26, 2026, 10:00 AM IST onwards, organized by Ambit Capital.
- **Meeting 3:** September 03, 2026, 10:00 AM IST onwards, organized by Ashwamedh – Elara India Dialogue.
Business Update
Neutral
2026-08-06 12:55
- Concall Schedule
- Concall Date: Friday, August 14, 2026
- Concall Time: 4:00 PM (IST)
- Purpose: To discuss the Unaudited Financial Results for the first quarter ended June 30, 2026.
- Dial-in Details: Universal Access: +91 22 6280 1524 / +91 22 7115 8820. Diamond Pass registration link is provided in the filing.
Business Update
Positive
2026-07-30 11:21
- LG Electronics India received a favorable ITAT order on July 29, 2026.
- The order deleted ~₹1,305 Crores in Transfer Pricing and Corporate Income Tax additions.
- This decision is in favor of the company, deleting outstanding tax demands.
Business Update
Positive
2026-07-29 22:22
- LG Electronics India Limited filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 on July 29, 2026.
- The company voluntarily submitted the BRSR for transparency and good Corporate Governance, despite it not being mandatory for the financial year.
- The report highlights commitments to ESG, including increasing renewable energy use, promoting circular economy principles, and maintaining strong governance practices.
- No fines, penalties, or corruption charges were reported.
Governance
Neutral
2026-07-29 21:43
- The 29th Annual General Meeting (AGM) of LG Electronics India Limited is scheduled for August 21, 2026, via Video Conferencing.
- Key agenda items include adoption of financial statements and appointment/re-appointment of directors and auditors.
- Remote e-voting will be available from August 18-20, 2026.
Governance
Neutral
2026-07-21 17:26
- Board meeting held on July 21, 2026.
- Approved the appointment of M/s. Deloitte Haskins & Sells Chartered Accountants LLP as Statutory Auditors for a term of 5 years.
- Noted the conclusion of the tenure of the existing Statutory Auditors, M/s. Price Waterhouse Chartered Accountant LLP.
- Re-appointed M/s. J.K. Kabra & Co. as Cost Auditors for the Financial Year 2026-27.
- The 29th Annual General Meeting (AGM) will be held on Friday, August 21, 2026.
Governance
Neutral
2026-07-21 17:23
- Board of Directors approved the appointment of M/s. Deloitte Haskins & Sells Chartered Accountants LLP as Statutory Auditors for a term of 5 years.
- M/s. J.K. Kabra & Co. were re-appointed as Cost Auditors for the Financial Year 2026-27.
- The 29th Annual General Meeting (AGM) will be held on Friday, August 21, 2026.
Business Update
Positive
2026-07-02 15:33
- Company received an order from GST Authority adjudicating a Show Cause Notice for FY2021-22.
- The GST Authority decided the matter in favour of the company, dropping the proposed demand of ₹116.72 Crore (including penalty) for alleged excess Input Tax Credit.
- There is no financial, operational, or other material impact.
Ownership
Neutral
2026-06-23 15:35
- Trading window for designated persons and their relatives will close from July 01, 2026.
- This closure is in anticipation of the unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27).
- The window will reopen 48 hours after the results are declared.
Business Update
Negative
2026-06-20 11:29
CRITICAL RED FLAG DETECTED
- The company received a penalty order of INR 8,23,53,445 from the Income Tax Department on June 19, 2026, for FY 2013-14 regarding incentive taxability.
- LG Electronics believes it has a strong case and will appeal, stating no substantial impact on operations.
Business Update
Neutral
2026-06-19 17:03
- Schedule of Analyst/Institutional Investor Meet
- Date: 24.06.2026
- Time: 14:30-15:30 IST
- Investor: Bajaj Life Insurance
- Type: One-on-One
- Location: Corporate Office, Noida
Business Update
Neutral
2026-06-18 17:26
- Concall Schedule
- Concall Date: June 23, 2026 (Ashika Stock Services Limited, 11:00-12:00 IST)
- Concall Date: June 25, 2026 (JP Morgan, 16:00-16:45 IST)
- Concall Date: June 25, 2026 (Morgan Stanley, 16:45-18:00 IST)
Business Update
Neutral
2026-06-17 17:27
- Concall Schedule
- Concall Date: 22.06.2026
- Concall Time: 16:00-17:00 IST
Business Update
Neutral
2026-06-12 15:30
- LG Electronics India Limited has scheduled multiple analyst/institutional investor meetings.
- Meeting 1: June 17, 2026, from 19:30-20:30 IST, organized by Jefferies (One-on-One).
- Meeting 2: June 18, 2026, from 12:30-13:30 IST, organized by Citi: India CEO Consumption Tour (Group & One-on-One).
- Meeting 3: June 22, 2026, from 12:00-13:00 IST, organized by J.P. Morgan India Consumer CEO Fireside Chat Series (Group & One-on-One).
- Discussions will be based on publicly available information; no Unpublished Price Sensitive Information (UPSI) will be shared.
Business Update
Positive
2026-06-12 15:00
- LG Electronics unveiled its vision for an AI Home ecosystem, demonstrating the evolution of AI-powered appliances, ThinQ AI™ Orchestration, and autonomous home robots.
- The ecosystem aims for a 'Zero Labor Home' through personalized, seamless, and proactive experiences.
- The company notes India's transformative phase in home appliance premiumization and supports its AI roadmap with local manufacturing.
Business Update
Neutral
2026-05-28 21:02
LG Electronics India Limited clarified media reports regarding an alleged restructuring or sale of its television business. The company stated that these reports are speculative, incorrect, and misleading, and denied the said news.
Business Update
Positive
2026-05-28 17:20
LG Electronics India reported record high quarterly sales in Q4 FY26, with revenue at INR80.54 billion (▲8.1% YoY), EBITDA at INR9.45 billion (11.7% margin), and PAT at INR6.93 billion (8.5% margin). Full year FY26 revenue grew 1.0% to INR246.05 billion. Management guided for FY27 mid-teen revenue growth and early double-digit EBITDA margins, driven by strong demand, strategic price hikes, increased localization (targeting 1-2% annual increase from current 55.2%), and significant investments in the Sri City plant (INR50 billion total, compressor production by Q3 FY27, AC production by Q4 FY27). The company is expanding exports, launching new product categories like chest freezers and fixed-speed ACs, and strengthening market leadership across premium and Essential Series segments, with B2B and AMC as key high-margin contributors.
Business Update
Negative
2026-05-27 13:02
CRITICAL RED FLAG DETECTED
LG Electronics India Limited received a Show Cause Notice (SCN) on May 26, 2026, from the Joint Commissioner of GST for FY 2021-22, demanding Rs. 116.72 Crore (including Rs. 58.36 Cr penalty) for alleged excess Input Tax Credit. The company stated there is no financial or operational impact, considering it a reconciliation issue, and will file a reply within one month with evidence that the ITC claimed is within GST provisions.
Business Update
Neutral
2026-05-27 10:20
LG Electronics India Limited announced a schedule of four analyst/institutional investor meetings to be held between June 2 and June 12, 2026. These meetings are organized by BofA Securities, Morgan Stanley, and Citi's, with one session by Morgan Stanley scheduled in the USA. The company confirmed that discussions will be based on publicly available information, and no Unpublished Price Sensitive Information will be shared.
Business Update
Neutral
2026-05-25 22:19
LG Electronics India Limited announced a scheduled Analyst/Institutional Investor Meet with Wellington Management. The one-on-one meeting is set for May 28, 2026, from 02:00 PM to 03:00 PM (IST) at the Company's Corporate Office in Noida. The company stated that no Unpublished Price Sensitive Information (UPSI) will be shared during the meeting.
Business Update
Positive
2026-05-25 18:52
LG Electronics India has received an addenda to its Eligibility Certificate from the Government of Maharashtra, increasing the total eligible incentives to INR 881.86 Crores, an increase of INR 176.12 Crores from the previously reported INR 705.74 Crores. These incentives, which include SGST refund, electricity duty exemption, and various tax exemptions, are valid from May 2025 to April 2040, with the annual limit increased from INR 47.04 Crores to INR 58.79 Crores.
Business Update
Neutral
2026-05-22 18:25
LG Electronics India Limited has provided a link to the audio recording of its earnings call presentation. The call, held on May 22, 2026, discussed the company's financial results for the quarter and year ended March 31, 2026.
Routine
Neutral
2026-05-21 19:11
New Filing detected. See link for details.
Routine
Neutral
2026-05-21 18:56
New Filing detected. See link for details.
Routine
Neutral
2026-05-21 18:45
New Filing detected. See link for details.
Business Update
Neutral
2026-05-19 17:36
LG Electronics India Limited announced a schedule of analyst/institutional investor meetings. The company will meet Nomura Financial Services on May 25-26, 2026, and 360 One Capital on May 27, 2026, in Mumbai. These will be Group & One-on-One meetings, and discussions will be based on publicly available information, with no Unpublished Price Sensitive Information to be shared.
Business Update
Neutral
2026-05-13 17:52
LG Electronics India Limited will hold an Analysts/Investors conference call on Friday, May 22, 2026, at 4:00 PM (IST) to discuss its Audited Financial Results for the quarter and financial year ended March 31, 2026. Dial-in details are provided, and the investor presentation will be published on the company's website before the call.
Business Update
Positive
2026-05-06 14:11
LG Electronics India launched its 2026 Home Appliances Range on May 06, 2026, expanding its portfolio with new premium French Door Refrigerators, AI DD Washing Machines, and an 'Essential Series' for both affordable-premium and premium segments. The company aims to make trusted LG technology accessible across diverse Indian households and is reinforcing its 'Make-in-India' commitment. LGE India also set an ambitious target to export the Essential Series to 22 countries across Asia, the Middle East, and Africa in 2026, with exports already commenced from Q1-2026.