“This article expresses my personal analysis based on publicly available financial data and market reports.”

Buy LG Electronics India: Emkay Global Sets Rs 2,050 Target Price

Have you ever seen a stock debut and, within a day, analysts pile on bullish projections? That’s exactly what’s happening with LG Electronics India. On October 15, 2025, Emkay Global Financial initiated coverage with a bold Buy rating and a target price of Rs 2,050 – pointing to a possible 80% upside.

It’s rare to see such confidence so early. So, let’s dig into why Emkay is so optimistic – and whether this could be a golden chance or just hype.

Why Emkay Says “Buy LG Electronics India”

Emkay’s report leans heavily on LG’s strengths built over decades: a premium brand image, global R&D backing, and consistent execution in large appliances.

More intriguing is the parent’s “Global South” strategy (announced July 2025). India – already the largest appliance market for LG outside Korea and the US – is expected to drive a full third of parent-level growth over the next 5 years.

Additionally, Emkay believes India will soon become an export hub, aided by:

• Entry into mass-premium categories, not just top-end appliances
• More focus on B2B segments like HVAC and display systems
• A third plant kicking off by FY27E to scale capacity
• Local innovation tailored to Indian tastes

With demand starting to show signs of revival, Emkay projects:

• Revenue CAGR of 13% between FY26–28E
• EPS CAGR of 14% in the same window
• Strong profitability metrics: RoE 32%, RoCE 44%
• Net cash balance rising from Rs 37 bn (FY25) to Rs 50 bn (FY28E)
• Free cash flow yield of 7.6% (by FY28E), and an average dividend payout of 65% in FY27–28E

In short: Emkay is betting that LG India will not only ride Indian consumption, but also become a manufacturing-export engine.

Market Reality & Early Gains

LG India’s stock debut turned heads. It listed at a 50% premium, signaling strong investor appetite.

In fact, multiple brokers (Motilal Oswal, Nomura, PL Capital, etc.) have already put forward buy ratings, with targets spanning Rs 1,700 to 2,050.

That said, there are possible headwinds:

• According to Moneycontrol LG India Valuations (50× Sep-27E PER) are lofty, even with premium built in
• Execution risk in scaling new plants and maintaining margins
• Competition from Samsung, Whirlpool, HC brands in mass categories
• Macro or supply chain shocks
• Any delays or cost overruns in localizing products

But as of now, the tide is clearly in LG’s favor.

My Take – Is It a Buy Right Now?

I won’t sugarcoat it: this is a bold bet. But I lean bullish. Here’s why:

• The combination of brand strength + parent backing + India’s appliance demand story is rare.
• If LG succeeds in becoming an export hub, India becomes more than a market – it becomes a strategic node.
• Even if the target of Rs 2,050 seems aggressive, there’s potential room for upward revision as results come in.
• For investors comfortable with some risk, allocating a small stellar-growth play portion here may reward well.

But – and there’s always a but – do not bet your house on it. Treat this as a “high conviction, high risk” opportunity.

Conclusion

In a sea of moderately bullish stocks, LG Electronics India stands out as one where analysts are going “all in.” With Emkay’s Buy call and Rs 2,050 target, they’re painting a picture of India transforming from a consumer base into a global export engine.

I believe this journey has real legs – but the road won’t be smooth. For those with patience and appetite for growth, Buy LG Electronics India is a name worth serious attention.

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Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not US News Weeks. We advise investors to check with certified experts before making any investment decisions.

Source : Livemint & Moneycontrol - LG India Share Price Target