Latest news about LG Electronics
JPMorgan Maintains Buy on LG Electronics India, Sets Target Price of ₹1,620 on Strong Growth Outlook
LG Electronics
1,547.50
-20.40(-1.30%)
Company Performance:
View Company Insights1D-1.30%
1M+0.30%
6M+4.32%
1Y-8.43%
5Y-8.43%
More news about LG Electronics
19Jun 26
LG Electronics to See Addition of $66M (Rs 6.23B) in FTSE Index Rejig Today at 3pm
LG Electronics is set to see an addition of $66M (Rs 6.23B) as part of the FTSE index rebalancing, effective today at 3pm. This development is significant for the stock in terms of index-linked fund flows and institutional investor participation. The event marks a notable milestone for LG Electronics within the FTSE index framework.
19Jun 26
Citi Maintains Buy on LG Electronics India with ₹1,800 Target Price
Citi maintains its Buy rating on LG Electronics India with a target price of ₹1,800, supported by healthy demand across key categories, strong RAC growth, premiumisation advantages, and early price hikes protecting margins. The company's Essential series targets Tier 2–3 consumers without margin dilution, while a ₹50bn plant expansion at Sri City strengthens its manufacturing base. Citi forecasts a revenue CAGR of 12% and PAT CAGR of 23% for FY26–29, reflecting confidence in both growth and profitability.
17Jun 26
CLSA Initiates Outperform Rating on LG Electronics India, Sets Target Price of ₹1,830
CLSA has initiated coverage on LG Electronics India with an Outperform rating and a target price of ₹1,830. The brokerage identifies the company as a key beneficiary of India's durable-consumption upcycle, with double-digit appliance growth supported by rising penetration and premiumisation trends. Strong brand leadership, an extensive distribution network, operating leverage, and increasing backward integration are highlighted as the primary drivers of anticipated margin expansion.
16Jun 26
LG Electronics USA unveils Pro:Centric Cloud for hotels
LG Electronics USA launched LG Pro:Centric Cloud at HITEC 2026, a cloud-native hospitality TV content management solution designed to improve hotel operational efficiency and guest engagement. The platform enables remote management, centralized updates, and scalable deployment without on-premise servers, featuring an OPEX-based model. It offers tools for personalized content delivery, Smart Apps integration, and real-time operational monitoring through centralized dashboards.
13Jun 26
LG Electronics demonstrates evolution of AI Home ecosystem
LG Electronics outlined its vision for an AI Home ecosystem designed to simplify everyday life through personalized and seamless experiences. The strategy is built on three core pillars: AI-powered appliances, ThinQ AI orchestration, and autonomous home robots, forming the foundation of the ThinQ AI Universe. The company detailed a three-phase evolutionary roadmap for the ThinQ platform, moving from reactive automation to a highly sophisticated, futuristic living environment. LG highlighted that innovations currently available in India, such as AI Wash 2.0 and ThinQ-enabled appliances, serve as building blocks toward this vision. The architectural peak of this ecosystem is LG CLOiD, a home-specialized autonomous AI agent unveiled at CES 2026. LG India is backing its software evolution with robust infrastructure, integrating its manufacturing plants in Greater Noida and Ranjangaon into the global AI roadmap to support the rollout of AI-centric products.
28May 26
LG Electronics India schedules investor meets from June 2-12
LG Electronics India Limited has scheduled analyst and institutional investor meetings from June 2 to June 12, 2026, in Mumbai and the USA. The meetings, organized by BofA Securities, Morgan Stanley, and Citi, will be held under Regulation 30 of SEBI regulations to discuss publicly available information without sharing Unpublished Price Sensitive Information (UPSI). The schedule includes Group & One-on-One meetings, with dates and times subject to change.
28May 26
LG Electronics India faces Rs 116.72 crore GST demand for FY 2021-22
LG Electronics India Limited received a Show Cause Notice dated May 26, 2026, from the Joint Commissioner of GST, Corporate Circle-2, Greater Noida, demanding Rs 116.72 crore including penalty for FY 2021-22. The demand arises from alleged excess Input Tax Credit claims identified through discrepancies between GSTR-9 and GSTR-3B returns. The company denies any excess claim, stating the ITC is compliant, and will file a reply within a month.
23May 26
LG Electronics posts FY26 earnings call audio link
LG Electronics India Limited announced financial results for the year ended March 31, 2026, showing a 23.5% drop in annual net profit to ₹16,851 million despite revenue growth to ₹246,049 million. Q4 revenue rose to ₹80,535 million, but profit declined to ₹6,927 million due to margin contraction. The company also released the audio recording link for its earnings call held on May 22, 2026.
14May 26
LG Electronics India Schedules Q4FY26 Analyst & Investor Call for May 22
LG Electronics India Limited has announced a Q4FY26 earnings conference call on May 22, 2026, at 4:00 PM IST, hosted by ICICI Securities, pursuant to Regulation 30 of SEBI LODR Regulations. The call will discuss audited financial results for the quarter and year ended March 31, 2026, with senior management including CFO Mr. Dongmyung Seo in attendance. A Board meeting is scheduled for May 21, 2026, to approve the results, while the trading window remains closed until 48 hours post-declaration.
06May 26
LG Electronics India Expands Home Appliances Portfolio with Premium Range and Essential Series
LG Electronics India Limited launched its 2026 Home Appliances Range, expanding the Essential Series and introducing premium French Door Refrigerators and AI DD Washing Machines. The company targets exports of the Essential Series to 22 countries in 2026. Products are available across retail and e-commerce platforms starting May 6, 2026.
13Apr 26
HSBC Maintains Buy Rating on LG Electronics with Target Price ₹1,850 Amid Mixed Outlook
HSBC maintains its Buy rating on LG Electronics with a target price of ₹1,850, expecting moderate Q4 growth from early channel filling while cautioning about margin pressure from higher input costs. The brokerage anticipates potential Q1FY27 earnings impact from commodity inflation, demand delays, and sporadic rains affecting AC sales, though maintains confidence in the company's long-term prospects.
02Apr 26
LG Electronics India Limited Announces Postal Ballot Results with Two Resolutions Approved
LG Electronics India Limited successfully completed its postal ballot process with two ordinary resolutions approved by shareholders on March 31, 2026. The re-appointment of Mr. Dongmyung Seo as Executive Director received 98.45% approval from 62,62,38,352 votes, while material related party transactions with promoter LG Electronics Inc. were approved with 99.99% support from 5,91,05,808 votes. The entire process was conducted through remote e-voting with Neeraj Arora & Associates serving as scrutinizers.
02Apr 26
LG Electronics India Achieves Record 1M+ AC Sales In Q1 CY26 With Market Leadership
LG Electronics India announced a landmark achievement of selling over 1 million air conditioners in Q1 CY26, representing the fastest summer season start in company's Indian operations history. The milestone was driven by strategic first-mover advantage with BEE star-rated compliant AC lineup, effective ICC World Cup marketing campaign, and comprehensive product portfolio expansion including new 0.8 ton Essential Series and premium 2.0 ton range with advanced features like PreCool and Energy Manager Plus technology.
30Mar 26
LG Electronics India Deploys Advanced HVAC Solutions at Prime Minister's Office Building
LG Electronics India has successfully deployed advanced VRF air-conditioning systems with 1,590 horsepower capacity at the Prime Minister's Office building 'Seva Teerth', comprising 113 outdoor units manufactured at its Pune facility. The systems are engineered for Indian conditions, operating at full capacity up to 39°C, and include AC Smart 5 Intelligent Control Platform for centralized management. This deployment reinforces the company's commitment to India's Make in India initiative and expanding its footprint in the commercial air-conditioning segment.
30Mar 26
Goldman Sachs Maintains Buy Rating on LG Electronics India with Target Price of Rs 1,730
Goldman Sachs maintains its Buy rating on LG Electronics India with a slightly reduced target price of Rs 1,730 from Rs 1,740. The brokerage expects double-digit growth and healthy margins in FY26, supported by the company's goal of achieving export mix above 20% by 2030. However, earnings estimates have been trimmed due to current demand softness and cost pressures in the consumer electronics sector.
25Mar 26
LG Electronics India Signs Solar PPAs for 20.8 MWp Capacity Across Facilities
LG Electronics India has entered into long-term solar power purchase agreements totaling 20.8 MWp capacity with HREPL and Sunsure Energy for its manufacturing facilities in Pune and Greater Noida. The initiative will generate 3.21 crore units of clean electricity annually, equivalent to powering 50,000 households, and offset 0.61 million metric tonnes of CO2e over the project lifetime.
25Mar 26
Jefferies Issues Buy Rating for LG Electronics India with Rs 1910 Target Price
Jefferies has assigned a Buy rating to LG Electronics India with a Rs 1910 target price, citing strong summer trends and effective pricing strategies. The company implemented 7-9% price hikes for 3 Star and 5 Star ACs in Q4, with further increases of 5-10% expected in April 2026 due to weak INR and rising raw material costs.
24Mar 26
LG Electronics India Receives Draft Assessment Order for FY 2022-23 with Rs 5,728 Million Disallowances
LG Electronics India Limited received a Draft Assessment Order from Income Tax Authority for FY 2022-23 with Rs 5,728 million in proposed disallowances. The order includes Rs 2,168.90 million in transfer pricing disallowances covered under Advance Pricing Agreement, expected to become nil. The company will file objections with Dispute Resolution Panel and expects no financial or operational impact.
20Mar 26
Multiple Brokerages Issue Buy Ratings for LG Electronics India with Strong Targets
Multiple leading brokerages have issued Buy ratings for LG Electronics India, with Nomura setting a target price of Rs 1,836 and HSBC at Rs 1,850. HSBC highlights India's $75-80 billion appliance and electronics market growth potential at 12% CAGR through 2029, while Nomura projects EBITDA margin expansion from 10.4% to 14.1% by FY28F, supported by demand recovery and operational efficiency improvements.
11Mar 26
LG Electronics India Receives Rs 7.98 Crore GST Demand Order for FY 2019-20
LG Electronics India Limited received a GST demand order of Rs 7.98 crore from Joint Commissioner for FY 2019-20, comprising principal tax of Rs 2.53 crore, penalty of Rs 2.53 crore, and interest of Rs 2.92 crore. The dispute relates to input tax credit claimed on employee bus transportation facility, which tax authorities allege is ineligible under section 17(5) of GST Act. The company plans to appeal and maintains no financial or operational impact.
01Mar 26
LG Electronics India Issues Postal Ballot Notice for Director Re-appointment and Related Party Transactions
LG Electronics India Limited has issued a postal ballot notice seeking member approval for re-appointment of Mr. Dongmyung Seo as Executive Director for four years with remuneration up to ₹3,50,00,000 per annum, and approval for material related party transactions worth ₹72,500 million with promoter LG Electronics Inc. for FY 2026-27. The remote e-voting period runs from March 02 to March 31, 2026, with results expected by April 2, 2026.
18Feb 26
LG Electronics India Q3 FY26 Results: Revenue Declines to ₹41.14 Billion Amid Margin Pressure
LG Electronics India reported challenging Q3 FY26 results with revenue declining to ₹41.14 billion from ₹43.96 billion year-over-year, while EBITDA margin compressed to 4.8% from 7.7% due to subdued demand and input cost pressures. Despite revenue challenges, the company maintained market leadership with 33% share in washing machines, 30% in refrigerators, and strengthened premium positions with 62.4% OLED TV share. The company secured ₹705 crores in Maharashtra government incentives and plans to double exports in FY27 while investing ₹5,000 crores in its third manufacturing facility at Sri City.
13Feb 26
LG Electronics India Q3FY26 Revenue Falls 6.4% to ₹41.14 Billion; Earnings Call Audio Available
LG Electronics India faced challenging Q3FY26 results with revenue declining 6.4% to ₹41.14 billion amid soft post-festive demand, while EBITDA margin compressed significantly to 4.8% from 7.7% year-on-year. Despite revenue pressures, the company strengthened market leadership positions across televisions, refrigerators, and air conditioners, and announced strategic developments including government incentives worth ₹705.74 crore and manufacturing expansion plans.
04Feb 26
LG Electronics India Limited Schedules Q3FY26 Earnings Conference Call for February 12, 2026
LG Electronics India Limited has scheduled a Q3FY26 earnings conference call for February 12, 2026 at 4:00 PM IST to discuss financial results for the quarter ended December 31, 2025. The call will be hosted by Axis Capital Ltd and feature senior management including CFO Dongmyung Seo and other key executives. Comprehensive dial-in details have been provided for domestic and international participants across multiple time zones, with the investor presentation to be made available on the company website following regulatory submission.
30Jan 26
LG Electronics India Limited Faces Rs 27.40 Crore Customs Duty Demand Over Digital Signage Imports
LG Electronics India Limited disclosed receiving a customs order dated January 29, 2026, demanding Rs 27,40,62,374 in differential duty after voluntary payments, along with penalties totaling Rs 46,69,58,686. The order relates to denial of customs duty exemption benefits on digital signage imports, with the company planning to file an appeal while expecting no operational impact.
29Jan 26
LG Electronics India Limited Schedules Board Meeting for February 11, 2026 to Consider Q3FY26 Financial Results
LG Electronics India Limited has scheduled a board meeting for February 11, 2026, to consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025. The company has implemented trading window restrictions for designated persons starting January 01, 2026, which will remain in effect until 48 hours after the financial results declaration. This announcement complies with SEBI regulations and demonstrates the company's commitment to regulatory adherence and transparent investor communication.
21Jan 26
LG Electronics India Pioneers Launch of 2026 BEE Star Rated Air Conditioners
LG Electronics India Limited has become one of the first companies to introduce 2026 BEE Star rated air conditioners in India, demonstrating leadership in energy-efficient cooling solutions. This strategic launch positions the company ahead of regulatory timelines and reflects its commitment to sustainability and innovation in the competitive Indian air conditioning market.
21Jan 26
LG Electronics India Shares Trade 21% Below Listing Price as Morgan Stanley Cuts Target
LG Electronics India shares are trading 21% below listing-day highs on BSE and NSE. Morgan Stanley maintained its 'overweight' rating but cut the target price 13% to ₹1,623.00 from ₹1,864.00, citing moderation in growth expectations and margin pressures across key segments.
20Jan 26
JM Financial Initiates Coverage on LG Electronics India with ₹1,630 Target Price
JM Financial initiated coverage on LG Electronics India with 'Buy' rating and ₹1,630 price target, citing market leadership with 25% share across categories and 12.8% industry-leading margins in FY25. The company plans ₹5,000 crore investment in third manufacturing facility in Andhra Pradesh, operational by FY27E. Despite 18 of 20 analysts recommending 'Buy', shares traded lower at ₹1,352.50, down 23% from post-listing highs.
20Jan 26
LG Electronics India Clarifies No Customs Duty Demand of ₹119.15 Crores Raised Against Company
LG Electronics India Limited clarified on January 20, 2026, that no differential duty demand of ₹119.15 crores has been raised against the company by customs authorities. The clarification followed detailed examination of an Order-in-Original from the Commissioner of Customs at Jawaharlal Nehru Custom House, correcting information from an earlier disclosure dated January 17, 2026. The company issued this clarification to ensure accurate information is available to stakeholders and stock exchanges.
16Jan 26
LG Electronics India Board Approves Key Leadership Changes in January Meeting
LG Electronics India Limited announced key leadership changes following its January 16, 2026 board meeting, reappointing Dongmyung Seo as Whole-Time Director for four years effective January 27, 2026, and appointing Jongha Hwang as Chief Strategy Officer effective January 16, 2026. The appointments were made in full regulatory compliance with formal documentation submitted to stock exchanges.
08Jan 26
LG Electronics India's Three-Month IPO Anchor Lock-in Ends, 1.5 Crore Additional Shares Eligible for Trading
LG Electronics India's three-month IPO anchor lock-in period ends today, releasing 1.5 crore shares for trading. The stock trades at ₹1,454.60, showing 28% gains from issue price but 15% below listing price. Q2 results showed mixed performance with 27% decline in net profit to ₹389 crore despite 1% revenue growth to ₹6,174 crore. Analysts maintain positive outlook citing strong brand positioning and distribution network.
08Jan 26
LG Electronics Shares Hit Lowest Level Since Listing as Lock-in Period Expires
LG Electronics India shares reached their lowest point since listing, trading at ₹1,432 with a 1.68% decline as the three-month shareholder lock-in period expired, freeing up 15.2 million shares representing 2% of outstanding equity. Despite the negative market reaction, 16 out of 18 analysts maintain buy ratings, though the stock has corrected 17% from its peak of ₹1,749 while still maintaining a 28% gain from its ₹1,140 issue price.
06Jan 26
LG Electronics India Signs APA with CBDT, Reports Q2 Profit Decline of 27.3%
LG Electronics India Limited signed an Advance Pricing Agreement with CBDT covering 2014-2023, eliminating ₹172.00 crore direct tax and ₹315.00 crore royalty payment contingent liabilities while requiring ₹17.71 crore net tax payment. The company reported mixed Q2 results with 27.3% profit decline to ₹389.00 crore despite 1% revenue growth, reflecting challenging market conditions in consumer durables sector.
27Dec 25
CRISIL Reaffirms LG Electronics India's AAA Credit Rating on Strong Financial Performance
CRISIL Ratings Limited has reaffirmed LG Electronics India's 'AAA/Stable/A1+' rating on bank facilities worth ₹618.27 crore. The company showed strong financial performance with 14% revenue growth to ₹24,371.00 crore and 46% increase in profit after tax to ₹2,203.00 crore. LG maintains zero debt, ₹4,284.00 crore in cash reserves, and plans a ₹5,000.00 crore expansion over 4-5 years. The company leads in washing machines and refrigerators, with strong positions in TVs and ACs.
24Dec 25
LG Electronics India Receives First 'Reduce' Rating from Avendus Spark Amid Market Share Concerns
Avendus Spark initiated coverage on LG Electronics India with a 'reduce' rating and a price target of ₹1,536.00, the lowest on the street. The bearish stance is based on anticipated market share erosion and increased competition in premium product categories. Despite this, the company maintains strong in-house manufacturing capabilities and is expanding with a third facility in South India. The stock closed 0.9% lower at ₹1,546.60, down 12.00% from its post-listing high. Out of 18 analysts covering the stock, 16 still maintain buy recommendations.
24Dec 25
AvendusSpark Initiates Coverage on LG Electronics India with Reduce Rating, Target Price ₹1,536
AvendusSpark Securities has initiated research coverage on LG Electronics India Limited, assigning a 'Reduce' rating with a target price of ₹1,536.00 per share. The rating suggests the brokerage's cautious stance on the large-cap consumer durables stock's near-term performance relative to market expectations.
23Dec 25
LG Electronics India Partners with K-pop Star JOSHUA for Essential Series Campaign
LG Electronics India has announced a partnership with JOSHUA from the K-pop group SEVENTEEN to promote its Essential Series appliances. This collaboration aims to leverage K-pop's growing influence in India, targeting Gen Z and millennial consumers. The campaign focuses on how LG's appliances simplify daily life, with JOSHUA's calm confidence aligning with the brand's vision. SEVENTEEN's global success, including high Billboard rankings and world tours, adds weight to this partnership. JOSHUA's solo achievements and collaborations further enhance his appeal as a brand ambassador.
20Nov 25
Morgan Stanley Initiates 'Overweight' Rating on LG Electronics, Sets Rs 1920 Price Target
Morgan Stanley has initiated coverage on LG Electronics with an 'Overweight' rating and a price target of Rs 1920. This rating suggests that the investment bank expects LG Electronics' stock to outperform the average total return of stocks in their coverage universe over the next 12-18 months.
13Nov 25
LG Electronics India Reports 27% Profit Drop Despite Steady Revenue Growth
LG Electronics India's latest quarterly results show a 1% increase in revenue to ₹6,174.00 crore, but a significant decline in profitability. Net profit fell by 27.3% to ₹389.00 crore, while EBITDA decreased by 27.7% to ₹547.50 crore. The EBITDA margin contracted by 3.5 percentage points to 8.9%. Despite the profit decline, the company maintains strong market positions in key product categories and has outlined future growth initiatives, including manufacturing expansion and increased focus on exports and commercial solutions.
08Nov 25
LG Electronics India Announces Q2 FY26 Earnings Call
LG Electronics India Limited (LGEIL) has announced a conference call on November 14, 2025, at 4:00 PM IST to discuss Q2 and H1 FY26 financial results for the period ending September 30, 2025. The company will provide an investor presentation prior to the call, available on stock exchanges and their website. Participants can join via dial-in numbers and engage in a Q&A session. LGEIL has notified stock exchanges of this interaction, ensuring compliance and transparency.
Industry PeersLG Electronics
Voltas
Blue Star
Amber Enterprises
Crompton Greaves
V-Guard Industries
Whirlpool
Eureka Forbes
TTK Prestige
IFB Industries
1,547.50
(-1.30%)
1,280.20
(-0.81%)
1,583.20
(-0.99%)
7,484.50
(+1.09%)
270.80
(-1.22%)
302.90
(-2.71%)
808.15
(-0.38%)
476.00
(-1.02%)
624.25
(-3.36%)
1,282.80
(-0.58%)
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
