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An update from LG Electronics India Limited ( (IN:LGEINDIA) ) is now available.
LG Electronics India Limited announced that Crisil Ratings has reaffirmed its highest long-term rating of ‘Crisil AAA/Stable’ and short-term rating of ‘Crisil A1+’ on the company’s bank facilities totaling Rs 618.27 crore, underscoring its strong creditworthiness. The reaffirmation reflects LG India’s 14% revenue growth in fiscal 2025 driven by cooling and home appliance sales, resilient though temporarily moderated margins, a robust financial risk profile characterized by nil debt, rising net worth, strong liquidity and significant planned capex of around Rs 5,000 crore over the next 4–5 years for a greenfield manufacturing facility in Andhra Pradesh, even as the company continues to face intense competition and exposure to raw material and forex volatility.
More about LG Electronics India Limited
LG Electronics India Limited is a leading consumer durables manufacturer in India, operating across key segments such as air conditioners, refrigerators, washing machines and televisions. The company enjoys market leadership in washing machines and refrigerators and holds strong positions in panel TVs and ACs, supported by robust operating capabilities, a diversified product portfolio, and technological and operational backing from its South Korea-based parent, LG Electronics Inc.
Average Trading Volume: 273,232
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