Announcement
Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015 25 Sep - Customs SCN alleges royalty under-inclusion; duty recovery of Rs. 153.57 crore proposed.
Source: Bse
LG Electronics India Limited (LGEINDIA)
Mid CapConsumer stocks · Mid cap · NSE
LG Electronics India Limited (LGEINDIA) is a consumer electronics and home appliances company in India, focusing on premium and mass-premium segments. Strategies include localization, exports, and growth in B2B and non-hardware businesses like AMC, with manufacturing scaling at the Sri City plant.
Data qualityFresh enough for analysisQuote updated 21 Oct, 10:31 am ISTDetails
Quote21 Oct, 10:31 am IST
Base fundamentals16 Oct 2026 · screener
Latest result13 Aug, 05:26 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
50NeutralSMA20 +3.9% / mo · MACD − · sector -4.4pp vs Nifty 500 (3M)
Stock trend: 61
Sector RS: 32
Sector 3M: -9.4% vs Nifty 500 -5.0%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
LGEINDIAD candles · FIT view+4.0%TODAY · PROVISIONALLatest price ₹1673.20 on 2026-10-21
Today's candle is provisional from the latest intraday quote; completed-candle scans remain unchanged.
Bar
-1.0%
RSI
44
MACD hist
-9.91
52W pos
71%
2026-10-21O ₹1690.20H ₹1696.50L ₹1661.10C ₹1673.20Vol 78,624 shIntraday candle
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
LGEINDIANifty Consumer DurablesNifty 500
- LGEINDIA
- +8.2%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- +13.7 pp
Chart stats
19 Oct 2026- From 52W high
- -6.6%
- 52W range position
- 77%
- ATR (14)
- 2.6%
- Volume vs 20D
- 0.34x
- Avg traded value
- ₹102 Cr
- 20D price channel
- ₹1,649 - ₹1,825
₹1,825
₹1,304.1 - ₹1,825
₹43.6
Latest completed session
20-session average
24.2% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · WATCHLIST44
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent80
Revenue +15.5% · PAT +27.3% YoY
Technical
Neutral50
Price trend and sector-relative-strength timing.
Valuation
Legacy model-603.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence76
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 80/100Rev +15% YoY · PAT +27% YoY · margin expansion · operating leverage
Filed 13 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹7,233 Cr | +15.5% | -10.2% |
| EBITDA | ₹904 Cr | +26.3% | -4.3% |
| Operating margin | 12.0% | +100 bps | +0 bps |
| PAT | ₹653 Cr | +27.3% | -5.8% |
| PAT margin | 9.0% | +84 bps | +43 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 64.40
- P/B
- 15.33
- EV/EBITDA
- 39.20
- Market Cap
- 117570.00Cr
Profitability
- ROE
- 24.70%
- ROCE
- 32.30%
- ROA
- 13.38%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 10.00%
- EPS 5Y
- 2.00%
- Revenue 3Y
- 7.00%
- EPS 3Y
- 8.00%
Balance Sheet
- Debt/Equity
- 0.06
- Interest Coverage
- 63.24×
- Altman Z
- 9.42
- Book Value
- 113.00
Cash Flow
- FCF Yield
- 1.44%
- FCF Positive Y
- 5/5
- OCF
- 1721.00 Cr
- EPS TTM
- 26.89
Shareholding
- Promoter Hold
- 85.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 82%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 7,233-10.2% vs prev
Net Profit
₹ CrLatest: 653-5.8% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term uptrend intact. RSI 44. Wait for confirmation.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 rising (~3.7% over last month) — short-term momentum positive.
- RSI(14) at 44 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 8% off 52W high · 28% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
73
RS percentile
Stage 2 UptrendEstablished S2
1M return
+0.5%
3M return
+8.2%
6M return
+6.0%
1Y return
+3.1%
RS 1D
+2
RS 20D
+10
Sector rank
#8
Industry rank
-
Stage evidence
- Price is 7.8% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +1.4%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
12 Aug 2026
S2 age
47 trading sessions
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
251 observations
19 Oct 2026Value 106.14+0.17%
RS vs Nifty 500106
Valuation & peers
U-Score 44 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 44 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Premium Compounder
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth6/25
Quality16/20
Balance Sheet11/15
Cash Flow6/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
44
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
44/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Quality contributes 16/20 to the score.
- Balance sheet contributes 11/15 to the score.
Main drags
- Fair-value margin of safety is negative at -603.0%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
- Growth is weaker at 6/25; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
64.4
PB
15.3
EV/EBITDA
39.2
ROE
24.7%
ROCE
32.3%
FCF Yield
1.4%
Debt/Equity
0.1
MoS
-603.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
44
Previous: 44
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-603.0%
Previous: -616.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
43
43
43
43
43
43
44
44
44
44
44
44
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹261.47
-539.9% MoS
Growth-justified P/E
8.8
Growth-justified Value
₹237.98
-603.0% MoS
PEG
20.13
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
KAJARIACER
Large
Kajaria Ceramics Limited
FMCG
match 149
52
33.3
17.9%
+12%
FAIR VALUE
VBL
Large
Varun Beverages Limited
FMCG
match 141
49
42.9
16.2%
+7%
FAIR VALUE
NESTLEIND
Large
Nestle India Limited
FMCG
match 133
49
61.4
74.2%
-377%
FAIR VALUE
MARICO
Mid
Marico Limited
FMCG
match 120
50
53.6
42.8%
-122%
FAIR VALUE
LINC
Small
Linc Limited
FMCG
match 120
44
16.5
13.2%
+10%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-06-03T19:28:39.729Z
Management commentary snapshot
Q4 FY26 revenue from operations reached a record ₹80.54 Bn (+8.1% YoY, +95.7% QoQ) driven by demand recovery. EBITDA margin was 11.7% (+6.9%p QoQ), but YoY margins were impacted by rupee depreciation and elevated commodity prices.
While Q4 FY26 saw record revenue and strong sequential margin recovery, full-year FY26 profitability (EBITDA, PAT, RONW, ROCE) declined significantly. Management attributes this to external cost pressures and strategic investments. The Q1 FY27 outlook is positive, but sustained margin improvement and efficiency gains are critical to restore the thesis.
Current business mix
Revenue by Segment (Q4 FY26)
Latest issuer-disclosed distribution across 2 reported categories.
Home Appliances & Air Solution (H&A)80.9%
Home Entertainment (HE)19.1%
Growth engines
Premiumization
Driving balanced growth across premium segments like large-panel TVs and French-door refrigerators.
Essential Series
Bringing LG quality to first-time buyers across underpenetrated Tier 2 & 3 markets.
B2B and Non-Hardware
Scaling B2B and high-profit Non-Hardware (AMC) businesses as diversified growth engines.
Exports
Positioning India as LG’s preferred export hub, pursuing opportunities in key global and neighboring markets.
Capacity and execution
Sri City Plant
Sri City plant scaling localized manufacturing to serve domestic and export demand.
Tailwinds
Demand Recovery
Broad-based demand recovery across categories.
Heatwave Conditions
Demand improving due to heatwave conditions driving uptake of compressor-based products.
Sports Events
Upcoming sports events (IPL, Football World Cup) provide near-term demand boost for large-screen and premium TVs.
GST Cut
Continued GST cut promotes premiumization and large-screen adoption in televisions.
Headwinds
Currency Depreciation
Rupee depreciation impacting margins.
Elevated Commodity Prices
Elevated commodity prices impacting margins.
Geopolitical Risks
Cost pressures from geopolitical risks persist.
Risk radar
Input Cost Volatility
Margins impacted by rupee depreciation and elevated commodity prices.
Geopolitical Uncertainties
Cost pressures from geopolitical risks persist, impacting margin improvement.
Competition in Premium Segment
Maintaining market leadership in premium categories requires continuous investment and innovation.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
Q4 results show strong YoY revenue growth and significant QoQ margin recovery, indicating sequential momentum after a weak Q3. Full-year comparisons are also provided for overall performance.
Sector KPIs management disclosed
Revenue from Operations
₹80.54 Bn in Q4 FY26 (+8.1% YoY, +95.7% QoQ).
EBITDA Margin
11.7% in Q4 FY26 (-2.4%p YoY, +6.9%p QoQ).
Market Leadership
Maintained market leadership across key categories.
Premiumization
Premium categories (Fully Automatic WM, French Door Refrigerators, 5-Star Rated RAC) performed well, driving higher ASP.
Management forward view
Margin Improvement
Remain optimistic on margin improvement while keeping a sharp focus on inflation and input costs.
Cost Optimization
Will constantly work on cost optimization, localization & add better operational efficiency.
Strategic Investments
Channel investments are for building long-term distribution depth.
New Product Launches
New product introductions in larger screen sizes and premium offerings will sustain market leadership.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Consolidated EBITDA Margin | 11.7% (Q4 FY26) | Sustained improvement towards previous year's levels (14.1% Q4 FY25) and management's optimism on margin recovery. |
| Full-Year Profitability (PAT) | ₹16.85 Bn (FY26, -23.5% YoY) | Reversal of the declining trend seen in FY26, indicating effective cost management and pricing power. |
| Premium Category Market Share (OLED) | 60.0% (YTD Mar 26) | Maintenance or growth of market share in premium segments, indicating successful premiumization strategy. |
| Cash Flow from Operating Activities | ₹3.04 Bn (Q4 FY26) | Consistent positive operating cash flow to support growth initiatives and manage working capital. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
76Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 81st percentile of the scored universe and 84th percentile within Consumer. Main check: results consistency is weak at 39/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 21 Oct 2026
management-trust-v1
32 docs text-extracted · 8 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
81st percentile
overall median 67 · Consumer: 84th pctile, median 66 · Mid: 54th pctile, median 76
Evidence depth
Financial-only
32 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
72
acceptable · capital discipline
Results
39
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 85%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.4%.
- ▸5 years of positive FCF.
Trust risks
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE trend is -13%.
- ▸1/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching LG Electronics India Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 22 Sep - LG India launches 15 semi-automatic washing machine models; exports to 10+ countries begin in 2027.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 17 Sep - LG India won two HR awards at the 25th Asia Pacific HRM Congress 2026 in Bengaluru.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 17 Sep - LG India launches convertible chest freezer range; six models priced from ₹28,990.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Sep
Source: Bse
Concall transcriptAug 2026
Aug 2026 · Transcript
Source: Bse
Investor presentationAug 2026
Aug 2026 · PPT
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 18 Aug - LG Electronics India won 10 awards at DIGIT India's Top Appliance Awards 2026 on August 18.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 19 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 18 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 12 Jun - LG Electronics India schedules analyst/investor meets with Jefferies, Citi and J.P. Morgan on June 17, 18 and 22, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 May - LG Electronics India scheduled analyst/investor meets on June 2-4 and June 9-12, 2026.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.