LG Electronics India Ltd

AGM Details

• AGM held on 21 August 2026 at 11:00 AM via VC/OAVM.
• Record date 14 August 2026; meeting duration 11:00–12:30 IST.

Key Resolutions and Voting Outcomes

• Resolution 1 (Ordinary): Adopt audited financial statements; approved.
• Resolution 2: Re-appointment of Hong Ju Jeon by rotation; approved with 98.38%.
• Resolution 3: Appoint Deloitte Haskins & Sells as Statutory Auditors; approved.
• Resolution 4: Ratify Cost Auditor's remuneration; approved.
• Resolution 5: Appoint Secretarial Auditors M/s Dhananjay Shukla & Associates; approved.

Director Changes

• Director re-appointment: Hong Ju Jeon (DIN 10041232) re-appointed.

Auditor Appointments

• Statutory Auditor appointment: Deloitte Haskins & Sells LLP approved.
• Cost Auditor remuneration ratified; details in annexures.
• Secretarial Auditor appointment: Dhananjay Shukla & Associates appointed.

AGM details

• Date: 21 August 2026; time 11:00–12:30 IST; mode: VC/OAVM.

Resolutions put to vote

• Adopt audited financial statements for FY ended 31 March 2026.
• Re-appoint director by rotation: Hong Ju Jeon.
• Appoint Deloitte Haskins & Sells as Statutory Auditors.
• Ratify Cost Auditor's remuneration.
• Appoint Dhananjay Shukla & Associates as Secretarial Auditors.

Voting outcomes

• All resolutions deemed passed on AGM date, subject to requisite votes in favour.

Dividend

• No dividend proposed or declared.

Director changes

• Director Hong Ju Jeon to be re-appointed by rotation.

Auditors

• Statutory Auditor: Deloitte Haskins & Sells LLP appointed.
• Secretarial Auditor: Dhananjay Shukla & Associates appointed.
• Cost Auditor remuneration ratified.

Material related party transactions

• No material RPT disclosed.

Other material approvals

• No ESOPs, charter amendments, borrowings, or mergers disclosed.

Meeting Details

• Date: August 14, 2026; exact time not disclosed.
• Type and mode: Group earnings conference call; virtual teleconference.
• Event organiser: Ashika Institutional Equities hosted LG Electronics India Q1 FY2027 earnings call.
• Key company participants: CFO, Co-CSMO, CAO, Chief Manufacturing Officer, Head of Financial Planning, Investor Relations Officer.
• Purpose: Discuss Q1 FY2027 unaudited results and engage with investors.
• Recording: Audio recording and transcript will be available on LG India's website.

Awards overview

• LG Electronics India wins 10 DIGIT India's Top Appliance Awards 2026 across 9 categories.
• Awards cover TV, refrigerators, air conditioners, washing machines, microwaves, dishwasher, and OLED TV.
• Judging followed a lab-first process with testing on 150+ technical parameters.
• Ceremony in New Delhi featured ministers and industry leaders.
• Winning products include LG DUALCOOL AI Convertible AC and LG GV-K25FFGFB refrigerator.
• LG focused on India-specific innovation and technology-led product design.

Recording Details

• Date: August 14, 2026; audio recording of earnings call for quarter ended June 30, 2026.
• Purpose: earnings call/presentation on unaudited June 30, 2026 results.
• Availability: recording will be hosted on LG Electronics India investor relations site.

Financial highlights

• Revenue from operations: ₹72.33B in Q1 FY27, up 15.5% YoY.
• EBITDA: ₹9.04B, up 26.2% YoY; margin 12.5%.
• PAT: ₹6.53B, up 27.2% YoY.

Segment performance

• HE revenue ₹16.57B, up 22.3% YoY.
• HE EBIT ₹3.15B; margin 19.0%.
• H&A revenue ₹55.77B, up 13.6% YoY.
• H&A EBIT ₹6.42B; margin 11.5%.

Strategic developments

• Three-pillar strategy: Make-in-India, Make-for-India, Make-India-Global.
• Export growth supported by premium mix and capacity expansion at Sri City.
• Information Display orders contributed to B2B growth.
• LG Essential Series deepened Tier 2/3 market penetration.

Outlook and capacity expansion

• FY27: premium portfolio expansion with LG Essential lineup and festival momentum.
• Two-track strategy to grow premium products while strengthening Essential range.
• Export scale-up and new capacity to meet domestic and overseas demand.
• New Sri City capacity progressing to plan.

Business Overview

• Core segments: Home Appliances & Air Solution and Home Entertainment; growth driven by premium mix and exports.
• Diversified growth engines supported by Make In India/Make For India/Make India Global initiatives.

Key Operational Highlights

• Q1 FY27 revenue from operations ₹72.33B, YoY +15.5%; EBITDA margin 12.5%.
• Exports growth supported by premium rollout and Sri City manufacturing expansion.

Financial Performance

• EBITDA ₹9.04B; EBIT ₹7.92B; PAT ₹6.53B in Q1 FY27.
• Cash flow from operating activities ₹18.02B; cash end-period ₹57.07B.
• Consolidated gross/revenue growth and margin expansion supported by premium mix.

Capital Structure & Liquidity

• Cash and cash equivalents at period-end ₹57.07B; net cash from operations ₹18.02B.
• No debt ratios disclosed in chunk; strong liquidity indicated by cash position.

Strategic Priorities & Outlook

• FY27 outlook: mid-teen revenue growth; early double-digit EBITDA margin.
• Focus on premiumization, export ramp-up, B2B and AMC growth; localization.

Risks & Mitigation

• Geopolitical and macro headwinds; mitigated by pricing discipline, operational efficiencies, localization.

Governance & Leadership

• No material governance changes disclosed in this chunk.

Financial highlights

• Q1 FY27 revenue from operations: ₹72,333.50m.
• Total income: ₹73,280.85m.
• Profit before tax: ₹8,780.72m.
• Profit after tax: ₹6,528.63m.
• EPS: Basic ₹9.62, Diluted ₹9.62.
• EPS is not annualised for the quarter ended June 30, 2026.

Segment performance

• Home appliances revenue ₹55,766.93m; Home entertainment revenue ₹16,566.57m.
• Total segment revenue and other income ₹72,388.94m.
• Segment profit before tax ₹9,630.23m.
• Unallocable income ₹70.78m; interest income ₹821.13m.
• Finance cost ₹91.36m; unallocable expenses ₹1,650.06m.
• Total assets ₹148,992.78m; total liabilities ₹65,791.54m.

Balance sheet & governance

• Unaudited results reviewed by PwC; board approved on Aug 13, 2026.
• Results prepared under Ind AS 34; March 31, 2026 balancing figures.
• EPS not annualised for the June 2026 quarter.

Meeting Details

• 17 Aug 2026, 10:00 AM IST onwards; Mumbai; Group and One-on-One sessions at AGIC.
• 24 Aug 2026 to 26 Aug 2026, 10:00 AM IST onwards; Mumbai; Group and One-on-One sessions; Ambit Capital.
• 03 Sep 2026, 10:00 AM IST onwards; Mumbai; Group and One-on-One sessions; Ashwamedh – Elara India Dialogue2026.

Participants

• No specific management participants named; notice issued by Company Secretary and Compliance Officer.

Purpose

• Schedule of analyst/institutional investor meetings.

Additional Notes

• Dates/times subject to changes per investor/company exigencies.