LG Electronics India (LGEINDIA) investor relations material

Executive summary

• Achieved a successful IPO, raising INR 4.4 lakh crore with 54x subscription, and listed on NSE and BSE on October 14, 2025, reflecting strong market trust and local shareholder participation.

• Q2 FY26 revenue reached INR 61.74 billion, up 1.0% YoY, despite challenging market conditions and deferred purchases ahead of a GST rate cut.

• Maintained leadership and improved market share in key product categories, especially in offline channels.

• Strategic focus on "Make for India, Make in India, Make India Global," premium leadership, B2B expansion, and scaling exports, with new product introductions gaining traction among aspirational and first-time buyers.

• Unaudited financial results for the quarter and half-year ended September 30, 2025, were approved by the Board on November 13, 2025.

Financial highlights

• Q2 FY26 revenue from operations was INR 61.74 billion, up 1.0% YoY from INR 61.14 billion.

• EBITDA for Q2 FY26 was INR 5.48 billion (margin 8.9%), down from INR 7.57 billion (12.4%) YoY, impacted by commodity prices and festive investments.

• Net profit for Q2 FY26 was INR 3.89 billion, with a margin of 6.2%, down from INR 5.36 billion YoY.

• Cash and bank balance at INR 42.8 billion as of September 30, 2025.

• Major capital expenditure for H1 FY26 was INR 5,892.27 million.

Outlook and guidance

• Anticipates margin improvement through greater localization, operational efficiencies, and premium product growth.

• GST rate realignment and festive demand expected to boost consumer sentiment and drive recovery in Q3 FY26.

• Medium-term strategy targets continued 2-3% annual localization increase, aiming for 70% localization in 3-4 years.

• B2B and recurring revenue streams (AMC) expected to contribute higher margins and growth.

• Continued focus on premium and essential product lines to capture both niche and mass-market growth.