Nifty
Sensex
:
:
24366.00
78009.25
-29.85 (-0.12%)
-70.71 (-0.09%)

Industrial Gases & Fuels

Rating :
64/99

BSE: 523457 | NSE: LINDEINDIA

6688.50
13-Aug-2026
  • Open
  • High
  • Low
  • Previous Close
  •  6779
  •  6844.5
  •  6651
  •  6777.50
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  24753
  •  167282505
  •  8049
  •  5673

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 57,092.24
  • 104.49
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 56,980.09
  • 0.18%
  • 13.08

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 75.00%
  • 1.88%
  • 12.89%
  • FII
  • DII
  • Others
  • 2.03%
  • 6.73%
  • 1.47%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • -2.95

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 5.23

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 8.14

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 107.26
  • 107.16
  • 121.03

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 9.69
  • 13.32
  • 15.62

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 44.22
  • 58.70
  • 68.28

Earnings Forecasts:

(Updated: 08-08-2026)
Description
2026
2027
2028
2029
Adj EPS
72
-22
14.25
66.14
P/E Ratio
92.90
-304.02
469.37
101.13
Revenue
101.56
83.3
72.35
2631.9
EBITDA
3035.7
3472
3683.9
1000.1
Net Income
1062.5
1249.9
1370.4
561.9
ROA
606.9
749.3
847.6
-
P/B Ratio
-11.89
-5.36
-
13.41
ROE
12.96
11.45
9.96
14.21
FCFF
13.61
14.86
14.65
112.6
FCFF Yield
464.8
753.8
-
0.18
Net Debt
0.76
1.23
-
-190.9
BVPS
-562.5
-1247.8
-
498.8

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Net Sales
694.36
571.08
21.59%
614.33
591.88
3.79%
701.03
605.86
15.71%
644.19
634.41
1.54%
Expenses
493.79
374.04
32.02%
441.43
382.01
15.55%
444.17
413.71
7.36%
361.87
455.58
-20.57%
EBITDA
200.58
197.04
1.80%
172.90
209.86
-17.61%
256.86
192.15
33.68%
282.32
178.84
57.86%
EBIDTM
28.89%
34.50%
28.14%
35.46%
36.64%
31.72%
43.83%
28.19%
Other Income
5.83
4.34
34.33%
5.93
12.96
-54.24%
4.44
19.32
-77.02%
3.53
16.45
-78.54%
Interest
5.94
3.15
88.57%
2.66
6.55
-59.39%
5.54
1.61
244.10%
3.15
2.21
42.53%
Depreciation
62.41
56.00
11.45%
60.77
55.50
9.50%
61.68
55.20
11.74%
56.41
51.73
9.05%
PBT
138.05
142.22
-2.93%
115.40
160.77
-28.22%
194.08
154.66
25.49%
226.29
141.35
60.09%
Tax
35.09
37.15
-5.55%
38.58
42.87
-10.01%
51.51
40.67
26.65%
57.28
36.96
54.98%
PAT
102.97
105.07
-2.00%
76.82
117.90
-34.84%
142.57
113.99
25.07%
169.01
104.39
61.90%
PATM
14.83%
18.40%
12.50%
19.92%
20.34%
18.81%
26.24%
16.45%
EPS
12.26
12.57
-2.47%
9.08
13.88
-34.58%
22.67
13.64
66.20%
20.05
12.48
60.66%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Net Sales
2,653.91
2,530.64
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
10.43%
1.82%
-10.23%
-11.70%
48.46%
43.56%
-16.50%
-19.61%
7.80%
11.38%
 
Cost Of Goods Sold
643.45
566.89
566.77
970.77
1,258.64
687.00
345.86
418.32
392.30
273.19
246.54
Gross Profit
2,010.46
1,963.75
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
75.75%
77.60%
77.20%
64.94%
59.86%
67.47%
76.49%
76.26%
82.10%
86.56%
86.49%
Total Expenditure
1,741.26
1,631.62
1,723.96
2,071.86
2,372.14
1,566.24
1,096.29
1,347.63
1,866.38
1,709.76
1,538.59
Power & Fuel Cost
-
417.44
522.89
468.48
513.92
402.85
347.01
348.67
890.12
922.49
818.11
% Of Sales
-
16.50%
21.04%
16.92%
16.39%
19.07%
23.59%
19.79%
40.61%
45.37%
44.82%
Employee Cost
-
56.87
53.87
53.81
63.87
50.25
68.78
113.59
127.29
116.45
98.73
% Of Sales
-
2.25%
2.17%
1.94%
2.04%
2.38%
4.68%
6.45%
5.81%
5.73%
5.41%
Manufacturing Exp.
-
292.95
301.26
321.57
243.12
201.59
131.53
164.12
110.75
111.59
101.27
% Of Sales
-
11.58%
12.12%
11.61%
7.75%
9.55%
8.94%
9.32%
5.05%
5.49%
5.55%
General & Admin Exp.
-
92.53
80.47
79.42
83.19
63.93
42.85
48.24
69.81
32.67
34.56
% Of Sales
-
3.66%
3.24%
2.87%
2.65%
3.03%
2.91%
2.74%
3.19%
1.61%
1.89%
Selling & Distn. Exp.
-
132.48
137.12
126.81
158.65
131.83
110.60
180.96
171.47
163.85
131.57
% Of Sales
-
5.24%
5.52%
4.58%
5.06%
6.24%
7.52%
10.27%
7.82%
8.06%
7.21%
Miscellaneous Exp.
-
72.45
61.57
50.99
50.75
28.79
49.65
73.74
104.63
89.53
131.57
% Of Sales
-
2.86%
2.48%
1.84%
1.62%
1.36%
3.37%
4.19%
4.77%
4.40%
5.91%
EBITDA
912.66
899.02
761.42
696.81
763.38
545.72
374.83
414.16
325.27
323.30
286.72
EBITDA Margin
34.39%
35.53%
30.64%
25.17%
24.35%
25.84%
25.48%
23.51%
14.84%
15.90%
15.71%
Other Income
19.73
28.34
71.51
82.52
105.43
55.53
32.65
21.50
9.48
7.75
31.47
Interest
17.29
14.50
12.63
7.27
6.29
3.05
6.24
86.25
102.70
116.47
115.57
Depreciation
241.27
234.87
213.83
200.94
252.87
181.37
176.00
177.25
199.14
201.93
195.40
PBT
673.82
677.99
606.47
571.12
609.66
416.83
225.24
172.15
32.92
12.66
7.21
Tax
182.46
184.51
158.66
144.79
80.23
190.68
77.56
285.73
13.68
-2.78
-3.20
Tax Rate
27.08%
27.21%
26.16%
25.35%
13.16%
27.54%
34.17%
28.21%
41.56%
-38.83%
-44.38%
PAT
491.37
548.97
454.85
434.09
538.06
507.22
151.10
727.18
25.69
16.19
19.01
PAT before Minority Interest
491.37
548.97
454.85
434.09
538.06
507.22
151.10
727.18
25.69
16.19
19.01
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
18.51%
21.69%
18.30%
15.68%
17.16%
24.02%
10.27%
41.28%
1.17%
0.80%
1.04%
PAT Growth
11.33%
20.69%
4.78%
-19.32%
6.08%
235.68%
-79.22%
2,730.60%
58.68%
-14.83%
 
EPS
57.60
64.36
53.32
50.89
63.08
59.46
17.71
85.25
3.01
1.90
2.23

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Shareholder's Funds
4,266.55
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
85.28
Total Reserves
4,177.95
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
1,421.22
1,038.36
841.69
870.40
933.22
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
0.00
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
416.78
776.36
989.73
Long Term Provisions
1,182.35
815.97
614.63
617.45
577.48
62.01
66.27
56.41
44.83
36.26
Current Liabilities
1,329.66
1,315.04
1,327.10
1,066.24
875.32
710.21
784.47
1,363.51
1,019.70
1,013.43
Trade Payables
574.59
541.70
624.34
538.70
587.76
451.57
374.48
314.97
260.79
301.63
Other Current Liabilities
598.81
425.94
347.29
340.99
246.96
219.78
324.92
735.35
579.69
586.81
Short Term Borrowings
0.00
0.00
0.00
0.00
0.00
0.00
8.47
249.66
150.00
100.00
Short Term Provisions
156.25
347.41
355.46
186.55
40.60
38.86
76.59
63.53
29.23
25.00
Total Liabilities
7,017.43
6,173.34
5,637.22
5,076.74
4,523.43
3,286.09
3,249.89
3,419.93
3,412.04
3,608.21
Net Block
2,092.57
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
3,979.64
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
1,887.07
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
5,856.27
4,907.36
3,406.10
2,878.93
2,655.14
2,199.95
2,293.30
2,379.60
2,737.07
2,838.74
Capital Work in Progress
1,342.78
975.25
483.48
225.23
68.04
17.06
52.94
44.46
35.91
80.29
Non Current Investment
82.02
74.48
50.16
32.05
9.32
3.67
0.03
0.03
57.89
60.63
Long Term Loans & Adv.
2,268.16
1,855.46
1,012.62
848.17
707.40
187.75
186.82
155.22
126.97
99.95
Other Non Current Assets
70.73
76.97
38.30
11.05
1.82
2.28
18.37
18.34
18.75
25.13
Current Assets
1,161.15
1,265.98
2,214.22
2,180.91
1,844.82
1,040.88
902.31
764.89
674.98
769.47
Current Investments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Inventories
123.02
106.64
85.04
77.41
69.10
68.59
65.41
70.96
68.33
68.68
Sundry Debtors
507.99
384.86
481.02
401.40
423.17
407.21
382.81
364.71
352.72
356.85
Cash & Bank
112.15
146.71
979.83
1,191.49
987.97
325.86
240.86
125.40
38.64
106.14
Other Current Assets
417.99
20.30
17.03
16.62
364.58
239.21
213.24
203.82
215.30
237.80
Short Term Loans & Adv.
397.94
607.48
651.30
493.99
350.03
189.46
156.89
123.16
131.56
146.43
Net Current Assets
-168.50
-49.06
887.13
1,114.67
969.50
330.66
117.84
-598.62
-344.73
-243.96
Total Assets
7,017.42
6,173.34
5,620.32
5,059.84
4,499.96
3,240.83
3,195.61
3,144.49
3,412.05
3,608.21

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Cash From Operating Activity
785.50
583.60
440.40
629.18
588.88
338.96
326.75
375.56
252.09
292.61
PBT
733.48
613.50
578.87
618.29
697.90
228.66
1,012.90
39.38
13.41
15.81
Adjustment
185.97
177.64
135.14
159.97
-135.64
165.93
-585.91
292.74
321.58
285.24
Changes in Working Capital
69.88
-18.08
-120.43
41.80
101.92
-26.78
-86.95
51.22
-77.62
-1.63
Cash after chg. in Working capital
989.32
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
0.00
Tax Paid
-203.82
-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
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-704.73
-1,304.86
-539.43
-306.42
98.43
-54.14
981.29
-72.80
-59.29
-127.79
Net Fixed Assets
-765.85
-800.01
-510.86
-275.28
-106.97
-81.82
-47.20
192.62
-84.90
Net Investments
-1.08
-15.39
-10.36
-14.10
-0.03
-2.01
0.00
15.00
-0.01
Others
62.20
-489.46
-18.21
-17.04
205.43
29.69
1,028.49
-280.42
25.62
Cash from Financing Activity
-115.69
-112.18
-108.76
-119.45
-28.16
-200.72
-1,192.58
-215.64
-261.05
-79.68
Net Cash Inflow / Outflow
-34.92
-833.45
-207.79
203.32
659.15
84.10
115.47
87.13
-68.25
85.14
Opening Cash & Equivalents
145.37
978.82
1,186.61
983.29
324.14
240.04
124.58
37.45
105.70
20.56
Closing Cash & Equivalent
110.45
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 26
Mar 25
Mar 24
Mar 23
Dec 21
Dec 20
Dec 19
Dec 18
Dec 17
Dec 16
Book Value (Rs.)
499.89
447.65
406.50
368.00
318.33
261.98
254.67
171.41
170.09
168.96
ROA
8.32%
7.70%
8.10%
11.21%
13.74%
4.58%
21.81%
0.56%
0.28%
0.29%
ROE
13.59%
12.49%
13.14%
18.38%
20.27%
6.78%
40.02%
1.32%
0.69%
0.72%
ROCE
18.50%
17.18%
17.74%
21.33%
28.10%
10.33%
44.49%
5.03%
4.40%
4.25%
Fixed Asset Turnover
0.67
0.73
0.88
1.06
0.73
0.53
0.65
0.79
0.75
0.72
Receivable days
64.39
63.58
58.17
47.99
69.40
98.01
77.43
59.74
61.23
65.80
Inventory Days
16.56
14.08
10.71
8.53
11.90
16.62
14.13
11.60
11.82
12.67
Payable days
359.37
375.46
218.65
163.33
276.09
132.03
91.41
55.50
57.22
68.68
Cash Conversion Cycle
-278.42
-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
0.00
0.05
0.82
0.88
1.00
Interest Cover
51.59
49.58
80.64
99.30
227.68
37.35
12.74
1.32
1.06
1.06

News Update:


  • Linde India - Quarterly Results
    12th Aug 2026, 00:00 AM

    Read More
  • Linde India starts new air separation unit at JSL in Odisha
    28th May 2026, 14:14 PM

    The facility is specifically designed to supply 1,450 tonnes per day of Oxygen, 1,800 tonnes per day of Nitrogen and 64 tonnes per day of Argon to JSL

    Read More

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.