Linde India

₹6,760As of Sun 8 Nov 2026, 12:00 UTC
NSE:LINDEINDIAMaterials
Country India
PE (Fwd) 94.78
TSR 10Y CAGR 33.73%
Div yield 0.06%
ROE —
Specialty Chemicals
Beta (5Y) 0.06
PE TTM 105.0
TSR TTM 12.60%
Mkt cap ₹579.8B
ROIC —
SE Grade™
Value
Quality
Moat
1Y Price
Reference
₹7,522
11.28%
(92.86%)
Price above Reference Value
FY23
FY24
FY25
FY26
Earnings per share₹
55.35
50.90
53.33
64.37
—
(8.04%)
4.78%
20.69%
Revenue₹B
26.01
27.69
24.85
25.31
—
6.44%
(10.23%)
1.82%
TTM
FYE 31 Dec INR
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2023
FY2024
FY2025
FY2026
FY2027E
Trend
5Y
10Y
Peers
25.31
Revenue₹B
—
—
—
—
—
21.12
26.01
27.69
24.85
25.31
26.83
4.63%
4.63%
0
1.82
Revenue growth%
—
—
—
—
—
—
23.17
6.44
(10.23)
1.82
6.00
4.13
—
63
59.57
Gross margin%
—
—
—
—
—
47.06
41.27
46.73
54.64
59.57
59.38
47.06
47.06
100
26.85
Operating margin%
—
—
—
—
—
17.43
16.46
18.18
22.15
26.85
26.82
18.18
18.18
90
21.69
Net margin%
—
—
—
—
—
24.02
18.15
15.68
18.30
21.69
21.51
18.30
18.30
90
105.0
P/E ratio (avg)x
—
—
—
—
—
35.88
62.09
112.6
144.5
102.3
99.91
102.3
102.3
3
84.84
EV/EBITx
—
—
—
—
—
49.44
68.45
97.06
119.4
82.68
80.12
82.68
82.68
3
—
FCF yield (avg)%
—
—
—
—
—
—
—
—
—
—
—
—
—
20
—
FCF margin%
—
—
—
—
—
—
—
—
—
—
—
—
—
7
—
FCF / Net incomex
—
—
—
—
—
—
—
—
—
—
—
—
—
7
—
ROIC%
—
—
—
—
—
—
—
—
—
—
—
—
—
60
—
Return on equity%
—
—
—
—
—
—
—
—
—
—
—
—
—
63
—
Return on assets%
—
—
—
—
—
—
—
—
—
—
—
—
—
70
64.37
EPS₹
—
—
—
—
—
59.47
55.35
50.90
53.33
64.37
67.66
2.00%
2.00%
—
20.69
EPS growth%
—
—
—
—
—
—
(6.94)
(8.04)
4.78
20.69
5.11
(1.08)
—
30
—
Bookvalue per sh₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
FCF per share₹
—
—
—
—
—
—
—
—
—
—
—
—
—
—
4.00
Dividend per sh₹
—
—
—
—
—
3.50
3.60
4.00
4.50
4.00
4.10
3.39%
3.39%
—
0.06
Div yield (avg)%
—
—
—
—
—
0.16
0.10
0.07
0.06
0.06
0.06
0.07
0.07
7
6.21
Payout ratio%
—
—
—
—
—
5.88
6.50
7.86
8.44
6.21
6.05
6.50
6.50
14
85.28
Shares (diluted)M
—
—
—
—
—
85.28
85.29
85.28
85.28
85.28
◌85.28
—
—
48
—
Buyback yield%
—
—
—
—
—
—
(0.01)
0.01
—
—
◌—
—
—
48
—
D/E ratiox
—
—
—
—
—
—
—
—
—
—
—
—
—
73
576.5
Enterprise value₹B
—
—
—
—
—
182.0
293.1
488.7
657.4
561.8
576.5
32.55%
32.55%
40
—
LT debt₹M
—
—
—
—
—
—
—
—
—
—
—
—
—
10
Peers (US$6.145B)
Cap (US$)
PE
5.940B
45.51x
3.297B
70.85x
6.180B
22.61x
Capital
TTM
5Y
10Y
Leveragex
—
—
—
EBIT/Intx
46.87
69.26
69.26
Own earn%
—
—
—
Sh yield%
0.06
0.07
0.07
Owners
Insiders/Inst%
3.00
7.97
Short interest%
—
SBC / revenue%
0.13
Record
10Y
Profitable years
5/5
Revenue growth years
3/4
EPS growth years
2/4
Dividend streakyrs
0
Op margin range%
16–27
$1 testx
—
Incr. ROIC%
—

Linde India Limited manufactures and sells industrial and medical gases in India and internationally. It operates through Gases, Related Products and Services; and Project Engineering Division segments. It supplies oxygen, nitrogen, and argon gases through onsite pipeline systems, bulk liquid distribution networks, and packaged gas solutions.

Growth vs revenue
Latest
Trend
4Y CAGR
Rel growth
Revenue
₹25.31B
4.63%
1.00×
Cost of revenue
₹10.23B
(2.19%)
0.76×
Operating expenses
₹8.279B
7.25%
1.10×
Revenue by region
No breakdown available
Reinvestment returns
n/m
Trend
Reinvestment rate
n/m
-
Return on capital
n/m
-
Spread over hurdle
n/m
-