India, March 4, 2026 — LG Electronics India (LGEIL) continues to gain market share across major home appliances and consumer electronics categories despite mixed industry trends, according to a recent interaction with the company’s management.

Refrigerators grew marginally, outperforming the broader industry, which declined by 1.5–2.0%. TVs delivered 6.4% growth, surpassing the industry’s 3.8% expansion. In room air conditioners (RAC), LGEIL outperformed with a lower volume decline of around 4% versus the industry’s ~6% drop.

Management attributed the growth to premiumization and portfolio expansion, including entries into five-star two-ton, sub-one-ton, and fixed-speed AC segments, broadening the addressable market across price and capacity bands. The company has also implemented calibrated price hikes to offset cost pressures and is scaling adjacent businesses, including annual maintenance contracts (AMC), B2B, and exports.

Analysts estimate revenue, EBITDA, and PAT CAGR of 10%, 22%, and 23%, respectively, for FY26–28.