LG Electronics India (LGEINDIA) Q1 26/27 earnings summary

Executive summary

• Revenue grew 15.5% year-on-year to INR 72.33 billion, with every major category achieving double-digit growth, reflecting balanced portfolio strength and market leadership.

• EBITDA margin expanded to 12.5%, up 1.1% year-on-year, driven by premiumization, calibrated price increases, and operating leverage.

• Net profit rose 27.2% year-on-year to INR 6.53 billion, with PAT margin at 8.9%.

• Export business delivered 30% growth, now supplying to 65 countries, and remains margin accretive.

• Strategic focus on premium products, Essential Series, and manufacturing expansion underpins future growth.

Financial highlights

• Revenue from operations: INR 72.33 billion, up 15.5% year-on-year.

• EBITDA: INR 9.04 billion, up 26.2% year-on-year; EBITDA margin at 12.5%.

• Net profit: INR 6.53 billion, up 27.2% year-on-year; PAT margin at 8.9%.

• Working capital as of June 30, 2026: INR 12.56 billion; cash and bank balance: INR 57.07 billion.

• Capex for the quarter: INR 7.36 billion, with INR 5.88 billion invested in Sri City plant.

Outlook and guidance

• Demand outlook remains healthy across all categories, with festive season and monsoon expected to drive further growth.

• Premiumization and Essential Series to continue driving volume and margin growth.

• Export growth expected to remain strong, with new geographies and product lines being added.

• B2B segment expected to maintain 20% CAGR, supported by HVAC and information display panels.

• Targeting mid-teen revenue growth and early double-digit EBITDA margin for FY27.