Nifty
Sensex
:
:
25069.20
81785.74
-44.80 (-0.18%)
-118.96 (-0.15%)

Industrial Gases & Fuels

Rating :
52/99

BSE: 523457 | NSE: LINDEINDIA

6529.50
15-Sep-2025
  • Open
  • High
  • Low
  • Previous Close
  •  6439
  •  6560
  •  6409
  •  6439.00
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  17601
  •  114473369.5
  •  8780
  •  5242.4

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 55,618.53
  • 122.45
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 55,471.83
  • 0.18%
  • 14.00

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 75.00%
  • 1.75%
  • 12.59%
  • FII
  • DII
  • Others
  • 2.51%
  • 6.57%
  • 1.58%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • -7.45

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • -0.05

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • -5.45

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 118.90
  • 92.87
  • 120.36

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 8.45
  • 11.69
  • 14.69

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 39.12
  • 52.53
  • 64.09

Earnings Forecasts:

(Updated: 15-09-2025)
Description
2024
2025
2026
2027
Adj EPS
53.33
59.37
87.58
109.18
P/E Ratio
120.74
108.46
73.52
58.98
Revenue
2485.22
2657.8
3627.55
4321.45
EBITDA
765.07
879.75
1235.45
1486.75
Net Income
454.84
506.45
746.75
931.25
ROA
9.14
P/B Ratio
14.38
13.22
11.57
9.94
ROE
12.48
13.3
17.7
20.3
FCFF
-692.54
FCFF Yield
-1.26
Net Debt
-104.34
BVPS
447.91
486.92
556.45
647.67

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
571.08
653.23
-12.58%
591.88
630.07
-6.06%
605.86
706.24
-14.21%
634.41
711.35
-10.82%
Expenses
374.04
468.99
-20.25%
382.01
451.55
-15.40%
413.71
520.05
-20.45%
455.58
537.73
-15.28%
EBITDA
197.04
184.24
6.95%
209.86
178.52
17.56%
192.15
186.19
3.20%
178.84
173.62
3.01%
EBIDTM
34.50%
28.20%
35.46%
28.33%
31.72%
26.36%
28.19%
24.41%
Other Income
4.34
19.11
-77.29%
12.96
18.32
-29.26%
19.32
21.87
-11.66%
16.45
18.55
-11.32%
Interest
3.15
2.26
39.38%
6.55
3.79
72.82%
1.61
1.15
40.00%
2.21
1.16
90.52%
Depreciation
56.00
51.40
8.95%
55.50
51.65
7.45%
55.20
50.63
9.03%
51.73
49.75
3.98%
PBT
142.22
149.69
-4.99%
160.77
141.39
13.71%
154.66
156.29
-1.04%
141.35
141.26
0.06%
Tax
37.15
38.16
-2.65%
42.87
37.05
15.71%
40.67
39.14
3.91%
36.96
34.56
6.94%
PAT
105.07
111.54
-5.80%
117.90
104.33
13.01%
113.99
117.15
-2.70%
104.39
106.71
-2.17%
PATM
18.40%
17.07%
19.92%
16.56%
18.81%
16.59%
16.45%
15.00%
EPS
12.57
13.33
-5.70%
13.88
12.36
12.30%
13.64
14.08
-3.12%
12.48
12.75
-2.12%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Net Sales
2,403.23
2,485.38
2,768.67
3,135.52
2,111.96
1,471.12
1,761.79
2,191.65
2,033.06
1,825.31
Net Sales Growth
-11.02%
-10.23%
-11.70%
48.46%
43.56%
-16.50%
-19.61%
7.80%
11.38%
 
Cost Of Goods Sold
503.49
566.77
970.77
1,258.64
687.00
345.86
418.32
392.30
273.19
246.54
Gross Profit
1,899.74
1,918.60
1,797.89
1,876.88
1,424.95
1,125.26
1,343.46
1,799.35
1,759.88
1,578.76
GP Margin
79.05%
77.20%
64.94%
59.86%
67.47%
76.49%
76.26%
82.10%
86.56%
86.49%
Total Expenditure
1,625.34
1,723.96
2,071.86
2,372.14
1,566.24
1,096.29
1,347.06
1,865.28
1,709.76
1,538.59
Power & Fuel Cost
-
522.89
468.48
513.92
402.85
347.01
348.67
890.12
922.49
818.11
% Of Sales
-
21.04%
16.92%
16.39%
19.07%
23.59%
19.79%
40.61%
45.37%
44.82%
Employee Cost
-
53.87
53.81
63.87
50.25
68.78
113.59
127.29
116.45
98.73
% Of Sales
-
2.17%
1.94%
2.04%
2.38%
4.68%
6.45%
5.81%
5.73%
5.41%
Manufacturing Exp.
-
301.26
321.57
243.12
201.59
80.31
135.48
110.75
111.59
101.27
% Of Sales
-
12.12%
11.61%
7.75%
9.55%
5.46%
7.69%
5.05%
5.49%
5.55%
General & Admin Exp.
-
80.47
79.42
83.19
63.19
42.85
48.24
69.81
32.67
34.56
% Of Sales
-
3.24%
2.87%
2.65%
2.99%
2.91%
2.74%
3.19%
1.61%
1.89%
Selling & Distn. Exp.
-
137.12
126.81
158.65
131.83
110.60
180.96
171.47
163.85
134.43
% Of Sales
-
5.52%
4.58%
5.06%
6.24%
7.52%
10.27%
7.82%
8.06%
7.36%
Miscellaneous Exp.
-
61.57
50.99
50.75
29.54
100.86
101.80
103.53
89.53
104.95
% Of Sales
-
2.48%
1.84%
1.62%
1.40%
6.86%
5.78%
4.72%
4.40%
5.75%
EBITDA
777.89
761.42
696.81
763.38
545.72
374.83
414.73
326.37
323.30
286.72
EBITDA Margin
32.37%
30.64%
25.17%
24.35%
25.84%
25.48%
23.54%
14.89%
15.90%
15.71%
Other Income
53.07
71.51
82.52
105.43
55.53
32.65
20.93
8.38
7.75
31.47
Interest
13.52
12.63
7.27
6.29
3.05
6.24
86.25
102.70
116.47
115.57
Depreciation
218.43
213.83
200.94
252.87
181.37
176.00
177.25
199.14
201.93
195.40
PBT
599.00
606.47
571.12
609.66
416.83
225.24
172.15
32.92
12.66
7.21
Tax
157.65
158.66
144.79
80.23
190.68
77.56
285.73
13.68
-2.78
-3.20
Tax Rate
26.32%
26.16%
25.35%
13.16%
27.54%
34.17%
28.21%
41.56%
-38.83%
-44.38%
PAT
441.35
454.85
434.09
538.06
501.60
149.40
727.18
19.24
9.94
10.41
PAT before Minority Interest
441.35
454.85
434.09
538.06
501.60
149.40
727.18
19.24
9.94
10.41
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
18.36%
18.30%
15.68%
17.16%
23.75%
10.16%
41.28%
0.88%
0.49%
0.57%
PAT Growth
0.37%
4.78%
-19.32%
7.27%
235.74%
-79.45%
3,679.52%
93.56%
-4.51%
 
EPS
51.74
53.32
50.89
63.08
58.80
17.51
85.25
2.26
1.17
1.22

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Shareholder's Funds
3,819.94
3,468.43
3,140.10
2,714.89
2,234.31
2,171.91
1,461.88
1,450.58
1,440.95
Share Capital
85.28
85.28
85.28
85.28
85.28
85.28
85.28
85.28
85.28
Total Reserves
3,732.48
3,381.48
3,053.18
2,629.60
2,149.03
2,086.63
1,376.59
1,365.30
1,355.67
Non-Current Liabilities
1,038.36
841.69
870.40
426.40
341.57
293.51
594.54
941.76
1,153.83
Secured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
416.78
776.36
989.73
Long Term Provisions
815.97
614.63
617.45
70.66
62.01
66.27
56.41
44.83
36.26
Current Liabilities
1,315.04
1,327.10
1,066.24
875.32
696.39
784.47
1,363.51
1,019.70
1,013.43
Trade Payables
541.70
624.34
538.70
587.76
451.57
374.48
314.97
260.79
301.63
Other Current Liabilities
425.94
347.29
340.99
246.96
205.96
324.92
735.35
579.69
586.81
Short Term Borrowings
0.00
0.00
0.00
0.00
0.00
8.47
249.66
150.00
100.00
Short Term Provisions
347.41
355.46
186.55
40.60
38.86
76.59
63.53
29.23
25.00
Total Liabilities
6,173.34
5,637.22
5,076.74
4,016.61
3,272.27
3,249.89
3,419.93
3,412.04
3,608.21
Net Block
1,925.20
1,821.54
1,762.43
1,868.55
1,989.19
2,035.14
2,161.55
2,497.55
2,572.74
Gross Block
3,581.32
3,273.08
3,020.47
2,902.38
2,846.39
2,728.69
2,689.97
2,891.14
2,761.86
Accumulated Depreciation
1,656.13
1,451.54
1,258.03
1,033.83
857.20
693.55
528.42
393.58
187.67
Non Current Assets
4,890.47
3,406.10
2,878.93
2,148.32
2,202.44
2,293.30
2,379.60
2,737.07
2,838.74
Capital Work in Progress
975.25
483.48
225.23
68.04
17.06
52.94
44.46
35.91
80.29
Non Current Investment
57.59
50.16
32.05
9.32
3.67
0.03
0.03
57.89
60.63
Long Term Loans & Adv.
1,855.46
1,012.62
848.17
200.59
190.24
186.82
55.87
126.97
99.95
Other Non Current Assets
76.97
38.30
11.05
1.82
2.28
18.37
117.69
18.75
25.13
Current Assets
1,265.98
2,214.22
2,180.91
1,868.29
1,069.83
956.58
1,040.33
674.98
769.47
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
106.64
85.04
77.41
69.10
68.59
65.41
70.96
68.33
68.68
Sundry Debtors
384.86
481.02
401.40
395.86
407.21
382.81
364.71
352.72
356.85
Cash & Bank
146.71
979.83
1,191.49
987.97
325.86
240.86
125.40
38.64
106.14
Other Current Assets
627.78
17.03
16.62
106.57
268.16
267.51
479.26
215.30
237.80
Short Term Loans & Adv.
607.48
651.30
493.99
308.79
35.70
31.00
50.86
173.64
171.51
Net Current Assets
-49.06
887.13
1,114.67
992.97
373.44
172.11
-323.18
-344.73
-243.96
Total Assets
6,156.45
5,620.32
5,059.84
4,016.61
3,272.27
3,249.88
3,419.93
3,412.05
3,608.21

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Cash From Operating Activity
583.60
440.40
629.18
588.88
338.96
326.75
375.56
252.09
292.61
PBT
613.50
578.87
618.29
697.90
228.66
1,012.90
39.38
13.41
15.81
Adjustment
177.64
135.14
159.97
-135.64
165.93
-585.91
292.74
321.58
285.24
Changes in Working Capital
-18.08
-120.43
41.80
101.92
-26.78
-86.95
51.22
-77.62
-1.63
Cash after chg. in Working capital
773.07
593.58
820.05
664.18
367.81
340.05
383.33
257.37
299.42
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-189.47
-153.19
-190.87
-75.30
-28.85
-13.30
-7.77
-5.28
-6.81
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-1,304.86
-539.43
-306.42
98.43
-54.14
981.29
-72.80
-59.29
-127.79
Net Fixed Assets
-800.01
-510.86
-275.28
-106.97
-81.82
-47.20
192.62
-84.90
Net Investments
-0.39
-10.36
-14.10
-0.03
-2.01
0.00
15.00
-0.01
Others
-504.46
-18.21
-17.04
205.43
29.69
1,028.49
-280.42
25.62
Cash from Financing Activity
-112.18
-108.76
-119.45
-28.16
-200.72
-1,192.58
-215.64
-261.05
-79.68
Net Cash Inflow / Outflow
-833.45
-207.79
203.32
659.15
84.10
115.47
87.13
-68.25
85.14
Opening Cash & Equivalents
978.82
1,186.61
983.29
324.14
240.04
124.58
37.45
105.70
20.56
Closing Cash & Equivalent
145.37
978.82
1,186.61
983.29
324.14
240.04
124.58
37.45
105.70

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Book Value (Rs.)
447.65
406.50
368.00
318.33
261.98
254.67
171.41
170.09
168.96
ROA
7.70%
8.10%
11.21%
13.74%
4.58%
21.81%
0.56%
0.28%
0.29%
ROE
12.49%
13.14%
18.38%
20.27%
6.78%
40.02%
1.32%
0.69%
0.72%
ROCE
17.18%
17.74%
21.33%
28.10%
10.33%
44.49%
5.03%
4.40%
4.25%
Fixed Asset Turnover
0.73
0.88
1.06
0.73
0.53
0.65
0.79
0.75
0.72
Receivable days
63.58
58.17
47.99
69.40
98.01
77.43
59.74
61.23
65.80
Inventory Days
14.08
10.71
8.53
11.90
16.62
14.13
11.60
11.82
12.67
Payable days
375.46
218.65
163.33
276.09
132.03
91.41
55.50
57.22
68.68
Cash Conversion Cycle
-297.80
-149.77
-106.81
-194.80
-17.41
0.15
15.84
15.83
9.79
Total Debt/Equity
0.00
0.00
0.00
0.00
0.00
0.05
0.82
0.88
1.00
Interest Cover
49.58
80.64
99.30
227.68
37.35
12.74
1.32
1.06
1.06

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.