What we do LG Electronics India Limited manufactures and sells home appliances and consumer electronics products in India, including refrigerators, air conditioners, televisions, and washing machines. |
Founded in 1,997 |
Market share Market leader in premium home appliances and consumer electronics with rising shares in refrigerators, air conditioners, and televisions. |
Problem solved Provides innovative, energy-efficient, and technologically advanced appliances that cater to Indian lifestyles, improving home comfort and convenience. |
Top clients or who we serve Serves retail consumers across India with B2C offerings; also caters to B2B segments including infrastructure and commercial clients. |
Key management - |
Our journey and innovations Pioneered inverter AC technology in India and switched to stainless steel water purifier tanks early, setting industry standards. |
Where we operate Primarily domestic Indian market; exports also to Asia, Africa, America, and Europe. |
Top products or what we offer Major products include refrigerators, air conditioners, washing machines, televisions, water purifiers, and air purifiers. |
Top brands LG Essential series - affordable appliances; LG OLED TVs - premium display technology; LG 5 Star ACs and refrigerators leading market. |
Raw materials needed Steel, plastics, electronic components, compressors, semiconductors. |
Raw materials supplier Procured from diverse domestic and international suppliers; specific names not disclosed. |
Recurring vs cyclical contribution Revenue is a mix of recurring service offerings and cyclical product sales influenced by festive and economic demand. |
Our industry position Strong leadership in premium segments, consistent market share gains in refrigerators, ACs, and TVs. |
Financial highlights FY25 revenue ₹24,367 Cr with net profit ₹2,203 Cr, showing 14.1% revenue growth and 45.8% profit increase year-on-year. |
Geographical revenue split Domestic India contributes ~94% revenue; Asia, Africa and other regions contribute the remainder. |
Order book - |
Whats driving growth Growth fueled by GST rate cuts, festive demand, new product launches, strengthened B2B business, and export expansion. |
Our future plans Expanding production with third factory in Andhra Pradesh; scaling service business; entering new export markets. |
Our green promise Committed to energy-efficient products and compliance with recycling regulations; increased use of eco-friendly materials. |
Our people and values Fosters innovation-driven culture focusing on quality and customer satisfaction with strong employee engagement. |
Key challenges ahead Commodity price volatility, geopolitical tensions affecting exports, intensified market competition, and regulatory challenges. |
Interesting facts First to introduce inverter ACs and stainless steel tanks in water purifiers in India; transitioned fully to inverter tech by 2017. |
Risks and strategy Manages risks via localized manufacturing, diversified portfolio, strategic investments, and innovation-led growth strategy. |
