Linde India Ltd (LINDEINDIA)
₹5,651.50
Mkt cap
₹48,196 Cr
P/E ratio
87.80
P/B
11.39
Div yield
0.07%
ROE
13.70%
ROCE
18.20%
EPS (TTM)
₹64.37
Book value
₹496
52W range
5,544–8,049
Sector
Commodities
Price history
Previous close
Linde India Limited, a subsidiary of BOC Group,UK (owns 75% stake in the co), is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non cryogenic air separation plants. [1]
NSE LINDEINDIABSE 523457
Health check
Cautious
ValuationExpensive
ProfitabilityAverage
GrowthLow
TechnicalsBearish
52-week range
−29.79% from high₹5,652
₹5,544+1.94% from low₹8,049
Current
₹5,651.50
Prev close
₹5,718.00
Day
−1.16%
Price performance
1D
−0.48%
1W
−0.58%
1M
−8.21%
3M
−14.26%
6M
−22.13%
1Y
−6.83%
YTD
−5.10%
Financials
Revenue, profit & margin
P/E ratio
87.8×
LINDEINDIA is 40% above the sector median of 62.5×
LINDEINDIA87.8×
Sector median62.5×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 721 | 711 | 706 | 630 | 653 | 634 | 606 | 592 | 571 | 644 | 701 | 614 | 694 | |
| Expenses | 557 | 538 | 520 | 452 | 469 | 456 | 414 | 382 | 374 | 362 | 444 | 441 | 494 | |
| Operating Profit | 164 | 174 | 186 | 179 | 184 | 179 | 192 | 210 | 197 | 282 | 257 | 173 | 201 | |
| OPM % | 23% | 24% | 26% | 28% | 28% | 28% | 32% | 35% | 34% | 44% | 37% | 28% | 29% | |
| Other Income | 18 | 19 | 22 | 18 | 19 | 16 | 19 | 13 | 4 | 4 | 53 | 6 | 6 | |
| Interest | 1 | 1 | 1 | 4 | 2 | 2 | 2 | 7 | 3 | 3 | 6 | 3 | 6 | |
| Depreciation | 49 | 50 | 51 | 52 | 51 | 52 | 55 | 56 | 56 | 56 | 62 | 61 | 62 | |
| Profit before tax | 132 | 141 | 156 | 141 | 150 | 141 | 155 | 161 | 142 | 226 | 243 | 115 | 138 | |
| Tax % | 26% | 24% | 25% | 26% | 25% | 26% | 26% | 27% | 26% | 25% | 21% | 26% | 25% | |
| Net Profit | 98 | 107 | 117 | 104 | 112 | 104 | 114 | 118 | 105 | 169 | 192 | 85 | 103 | |
| EPS in Rs | 11.51 | 12.51 | 13.74 | 12.23 | 13.08 | 12.24 | 13.37 | 13.82 | 12.32 | 19.82 | 22.46 | 9.99 | 12.08 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
3 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.49% · closed higher next day 5 of last 13
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 7 Nov '23 | 5 Feb '24◦ | 29 May '24◦ | 6 Aug '24◦ | 7 Nov '24◦ | 7 Feb '25◦ | 26 May '25 | 7 Aug '25◦ | 6 Nov '25◦ | 9 Feb '26◦ | 30 May '26◦ | 11 Aug '26◦ |
| Earnings day | +0.82% | +2.34% | +8.67% | +0.21% | −3.24% | −2.89% | +7.18% | −2.41% | +0.61% | +3.82% | −4.23% | −2.79% |
| +1 day | +0.75% | +2.08% | +3.49% | −1.72% | −6.09% | −3.93% | +6.60% | −4.80% | −0.07% | +3.10% | −3.67% | −4.07% |
| +5 days | −2.90% | −1.71% | +3.21% | −8.10% | −16.06% | −9.55% | +6.61% | −2.15% | −1.71% | +8.36% | −4.65% | −3.87% |
| +15 days | −6.49% | −1.64% | −0.63% | −7.67% | −10.56% | −4.01% | +1.18% | −2.34% | +2.11% | +5.86% | +2.91% | −8.89% |
| +30 days | −6.92% | +16.12% | +2.52% | +3.86% | −19.82% | −0.82% | −5.31% | −0.81% | +0.91% | +16.91% | −1.71% | −11.12% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 4 Per Share/Special Dividend - 8 Per Share | 4.00 | 6 Aug '26 | 6 Aug '26 |
Shareholding
as of Sep 202675.00%Promoter
Promoters75.00%
FIIs2.12%0.09
DIIs6.74%0.05
Public16.14%0.03
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Linde India | ₹5,651.50 | 87.82 | 48,196 | 0.07% | 103 | −1.94% | 694 | +21.59% | 18.23% |
| Ellen.Indl.Gas | ₹308.45 | 36.03 | 4,347 | 0.00% | 35 | +86.85% | 99 | +18.04% | 14.47% |
| Steamhouse India | ₹132.24 | 83.97 | 3,655 | 0.00% | 8 | +169.79% | 128 | +2.45% | 16.00% |
| Stallion India | ₹183.98 | 41.03 | 2,136 | 0.00% | 19 | +79.25% | 121 | +9.94% | 11.76% |
| Hilltone Softwar | ₹40.07 | — | 53 | 0.00% | −1 | −333.33% | 2 | −32.48% | 0.79% |
| Natl. Oxygen | ₹54.11 | — | 27 | 0.00% | −2 | −7.49% | 3 | −59.76% | −21.54% |
| Bhagawati Gas | ₹10.20 | 16.90 | 17 | 0.00% | 0 | +7.14% | 0 | −88.89% | 6.10% |
| Median: 4 Co. | ₹246.21 | 62.50 | 4,001 | 0.00% | 27 | +83.05% | 125 | +13.99% | 15.23% |
Filings
Annual reports15
Concall transcripts12
Credit ratings6
Announcements5
Board Meeting Intimation for Approval Of Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30 September 2026 26 Oct - Board meeting on 3 November 2026 to approve Q2 and half-year FY2026-27 results.Clarification On Spurt In Volume 14 Oct - Company clarified no pending board-approved events behind the recent share volume spurt.Clarification sought from Linde India Ltd 14 Oct - Exchange has sought clarification from Linde India Ltd on October 14, 2026, with reference to Movement in Volume.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Oct - Our letter no. Sect/82 dated 6 October 2026 with respect to Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. You ....Announcement Under Regulation 30 Of SEBI (Listing Obligations
And Disclosure Requirements) Regulations, 2015 30 Sep - Linde India completed acquisition of 2x1800 TPD ASUs at Tata Steel Kalinganagar and began gas supply.

