Asian Paints vs Linde India: share price & financials comparison
NSE: ASIANPAINT vs LINDEINDIA · Consumer Durables · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Asian Paints vs Linde India at a glance
Asian Paints (ASIANPAINT) has a market capitalisation of ₹2,44,596 Cr, against ₹58,424 Cr for Linde India (LINDEINDIA). Over the past year Linde India has returned +14.4%, compared with +2.5% for Asian Paints. On valuation, Asian Paints trades at a lower P/E of 50.5 versus 754.3. Asian Paints earns a higher return on equity (22.3% vs 1.8%). Asian Paints comes out ahead on size, valuation, profitability, growth, financial health and technicals. Linde India comes out ahead on momentum. Across the scored metrics below, Asian Paints leads on 10 and Linde India on 7. On StoxGud's 10-point checklist, Asian Paints scores 7/10 and Linde India scores 5/10.
| Metric | Asian Paints | Linde India |
|---|---|---|
| Size | ||
| Market cap | ₹2,44,596 Cr | ₹58,424 Cr |
| Revenue (latest FY) | ₹35,584 Cr | ₹2,531 Cr |
| Net profit (latest FY) | ₹4,325 Cr | ₹549 Cr |
| Valuation | ||
| P/E | 50.5 | 754.3 |
| P/B | 11.25 | 13.31 |
| Dividend yield | 0.99% | 0.17% |
| Profitability | ||
| Return on equity | 22.3% | 1.8% |
| Net profit margin | 12.5% | 2.8% |
| Operating margin | 18.9% | 31.5% |
| Growth | ||
| Revenue growth (YoY) | +16.9% | +12.3% |
| Net profit growth (YoY) | +7.5% | — |
| Revenue CAGR (multi-year) | +10.4% | +5.3% |
| Financial health | ||
| Debt to equity | 0.13 | 0.22 |
| Momentum | ||
| 1-month return | +7.3% | +14.0% |
| 1-year return | +2.5% | +14.4% |
| 3-year CAGR | -6.2% | +4.2% |
| 5-year CAGR | -4.3% | +22.3% |
| 10-year CAGR | +11.1% | +34.9% |
| Distance from 52W high | -14.1% | -12.7% |
| Technicals | ||
| RSI (14) | 76 | 82 |
| Price vs 200-day avg | +1.7% | +1.7% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Asian Paints | Linde India |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✗ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 7/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Asian Paints or Linde India?
Asian Paints has a market cap of ₹2,44,596 Cr and Linde India has a market cap of ₹58,424 Cr as of 13 Nov 2026.
Which has a lower P/E, Asian Paints or Linde India?
Asian Paints has the lower P/E: Asian Paints trades at 50.5 and Linde India at 754.3.
Which gave better returns in the last year, Asian Paints or Linde India?
Linde India did better: Asian Paints returned +2.5% and Linde India returned +14.4% over one year.
What is the difference between Asian Paints and Linde India?
Both are NSE-listed companies in Consumer Durables. Asian Paints is about 4.2 times the size of Linde India by market cap. In the latest financial year Asian Paints reported revenue of ₹35,584 Cr and Linde India ₹2,531 Cr. Operating margin is 18.9% for Asian Paints and 31.5% for Linde India. Debt to equity is 0.13 for Asian Paints and 0.22 for Linde India.
Which is better, Asian Paints or Linde India?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Asian Paints leads on 10 and Linde India on 7. Asian Paints is ahead on size, valuation, profitability, growth, financial health and technicals. Linde India is ahead on momentum. On StoxGud's rules-based checklist Asian Paints scores 7/10 and Linde India scores 5/10. This is information, not advice: consult a SEBI-registered adviser before investing.