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Indian subsidiary of Korea's LG Electronics, making and selling televisions, refrigerators, washing machines and air conditioners.
Indian subsidiary of Korea's LG Electronics, making and selling televisions, refrigerators, washing machines and air conditioners.
Makes most of what it sells in India, at plants such as Noida and Pune, then sells through electronics chains, online and its own network, adding installation and repair service. It pays its Korean parent a royalty for the LG brand and technology. The 2025 listing was a sale of the parent's existing shares, so the parent kept control.
In one line: India's Whirlpool/Samsung Electronics hybrid.
Moat: narrow (brand, distribution, scale). Strong global LG brand and an established manufacturing/distribution network built over decades in India.
Headquarters: Noida, India · Founded: 1997 · Employees: 7,668
Size LG Electronics India (LGEINDIA.NS) is an India Consumer Discretionary company (Electronics/Appliances) with a market value of $12.6B, the 89th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,754 on 6 Nov 2026.
Performance Over six months the shares gained 13.7%, against +7.9% for the median peer and 0.0% for the India market (cap-weighted) — 7th highest of 18 in its peer set.
Growth Revenue grew 1.0% over the last twelve months (peer median +6.4%); the operating margin is 8.5% (peer median 7.8%).
Valuation It trades at 52.1× forward earnings against a peer median of 17.3× (3rd most expensive of 18).
Price implies For today's price to make sense, revenue must grow about 37% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is +29 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 9.5 points above its cost of capital (11.7% WACC).
Next results Next results expected around 2 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹256B | ₹246B | ₹243B | ₹214B | ₹199B |
| Revenue growth | — | +1% | +14% | +7% | — |
| Gross profit | ₹62.9B | ₹58.5B | ₹62.4B | ₹50.2B | ₹46.0B |
| EBITDA | ₹25.9B | ₹25.9B | ₹31.6B | ₹22.9B | ₹20.6B |
| Net income | ₹18.2B | ₹16.9B | ₹22.0B | ₹15.1B | ₹13.4B |
| Free cash flow | n/a | ₹8.17B | ₹15.6B | ₹16.2B | ₹15.7B |
| Capital expenditure | n/a | ₹11.7B | ₹3.39B | ₹2.42B | ₹5.17B |
| Total debt | n/a | ₹4.59B | ₹4.28B | ₹3.70B | ₹3.18B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| LG Electronics India LGEINDIA.NS | $12.6B | +14% | +1% | 9% | 52.1× | 36.6% |
| SamsungElec 005930.KS | $886B | -14% | +88% | 46% | 4.0× | -7.2% |
| Whirlpool Of India WHIRLPOOL.NS | $1.11B | -16% | +6% | 2% | 29.3× | 47.2% |
| Voltas VOLTAS.NS | $3.84B | -19% | +4% | 4% | 50.1× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | LGEINDIA.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.5% | +6.3% | 5th lowest of 18 |
| 6-month return | +13.7% | +7.9% | 7th highest of 18 |
| Distance from 52-week high | -4.5% | -10.9% | 4th highest of 18 |
| Revenue growth (TTM) | +1.0% | +6.4% | 7th lowest of 18 |
| Operating margin | 8.5% | 7.8% | 8th highest of 18 |
| Forward P/E | 52.1× | 17.3× | 3rd most expensive of 18 |
| Growth the price implies (Req g, 7 yrs) | 36.6% | 1.9% | most demanding of 13 |
| Growth delivered (Del g) | +7.3% | +9.7% | 4th lowest of 13 |
| Hurdle (Req g minus delivered) | +29.2 pp | -6.1 pp | most demanding of 13 |
| ROIC minus cost of capital | +9.5 pp | +4.9 pp | 7th highest of 18 |
| EV / EBITDA | 45.9× | 10.4× | 2nd most expensive of 8 |
| Net debt / EBITDA | -1.6× | 0.3× | 2nd least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| LG Electronics India LGEINDIA.NS | India | $12.6B | +14% | +1% | 9% | 52.1× | 36.6% | +7.3% |
| De'Longhi DLG.MI | Italy | $7.65B | +23% | +6% | 13% | 18.0× | 14.2% | +10.1% |
| Arashi Vision 688775.SS | China | $6.41B | -45% | +74% | -1% | 135.2× | n/a | n/a |
| Howden Joinery HWDN.L | United Kingdom | $6.12B | +16% | +4% | 15% | 16.6× | 14.9% | +9.3% |
| TCL Electronics 1070.HK | Hong Kong | $6.01B | +3% | +14% | 3% | 12.4× | -2.3% | +17.6% |
| Haier Smarthome 6690.HK | Hong Kong | $27.6B | -2% | -4% | 7% | 9.3× | -3.8% | +6.8% |
| Coway 021240.KS | South Korea | $5.56B | +26% | +14% | 18% | 10.8× | n/a | n/a |
| Zhejiang Supor 002032.SZ | China | $5.37B | -4% | 0% | 10% | 18.0× | -2.8% | +4.1% |
| Aditya Infotech CPPLUS.NS | India | $5.37B | +68% | +36% | 13% | 69.9× | n/a | n/a |
| Hisense Visual Technology 600060.SS | China | $5.31B | +8% | -2% | 5% | 12.8× | -3.4% | +8.0% |
| Beijing Roborock Technology 688169.SS | China | $5.29B | +17% | +31% | 8% | 17.3× | 4.6% | +32.8% |
| SharkNinja SN | United States | $31.4B | +100% | +19% | 16% | 30.7× | 21.1% | +18.4% |
| Hisense Home Appliances 000921.SZ | China | $4.37B | -2% | -11% | 3% | 14.2× | -11.4% | +12.7% |
| Shenzhen MTC 002429.SZ | China | $4.30B | -42% | +3% | 7% | 22.1× | n/a | n/a |
| Ecovacs Robotics 603486.SS | China | $4.22B | -25% | +10% | 7% | 14.5× | 16.2% | +21.4% |
| Seb SK.PA | France | $3.55B | +8% | -1% | 8% | 12.1× | -0.8% | +3.3% |
| Breville BRG.AX | Australia | $3.33B | +13% | +7% | 11% | 31.1× | 26.4% | +8.8% |
| Nikon 7731.T | Japan | $3.17B | -12% | -4% | -2% | 45.4× | n/a | n/a |