Linde India Ltd.

NSE: LINDEINDIA · Chemicals

₹6,859.00+8.73%06 Nov 2026

Ask the data

Instant answers about Linde India Ltd. — computed from its filings, no language model

Market cap₹58,496 cr

Current price₹6,859.00

High / Low₹7,848 / ₹5,632

P/E755.3

P/B13.33

Book value₹514.6

ROE1.8%

ROCE11.9%

Debt / equity0.22

Dividend yield0.17%

EPS (TTM)₹9.08

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	Dec '19	Dec '20	Dec '21	FY24	FY25	FY26
Revenue	1,762	1,471	2,112	2,769	2,485	2,531
EBITDA	417	375	547	702	765	909
Operating margin	23.7%	25.5%	25.9%	25.4%	30.8%	35.9%
Interest	86	6	3	7	13	14
Depreciation	177	176	181	201	214	235
Profit before tax	1,013	227	692	571	606	678
Tax	286	78	191	145	159	185
Net profit	727	151	507	434	455	549
EPS ₹	85.27	17.72	59.47	50.90	53.33	64.37
Operating cash flow	—	—	589	437	584	786
Capex	—	—	128	572	1,331	766
Dividend paid	—	—	26	102	102	102
Total assets	3,250	3,286	4,017	4,805	5,143	5,808
Equity	2,172	2,234	2,715	3,468	3,820	4,267

Quarterly performance

last 26 quarters · ₹ crore

showing latest 8 of 26 periods

	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	413	377	248	370	475	441	519	507	644	534	588	686	721	711	706	630	653	634	606	592	571	644	701	614	694	723
Operating profit	100	87	71	87	130	132	136	130	148	132	135	144	164	174	186	179	184	179	192	210	197	282	257	173	201	232
Operating margin	24.2%	23.0%	28.7%	23.5%	27.3%	29.9%	26.2%	25.7%	23.0%	24.7%	22.9%	21.0%	22.7%	24.4%	26.4%	28.3%	28.2%	28.2%	31.7%	35.5%	34.5%	43.8%	36.6%	28.1%	28.9%	32.0%
Other income	2	17	3	11	3	4	18	11	21	14	11	35	18	19	22	18	19	16	19	13	4	4	4	6	6	7
Interest	18	3	2	1	1	1	1	1	1	1	1	1	1	1	1	4	2	2	2	7	3	3	6	3	6	16
Depreciation	49	44	42	43	47	45	45	45	46	46	46	44	49	50	51	52	51	52	55	56	56	56	62	61	62	67
Profit before tax	876	57	30	54	86	385	109	95	103	99	98	134	132	141	156	141	150	141	155	161	142	226	194	115	138	155
Tax	241	18	11	19	30	82	38	33	37	35	-74	46	34	35	39	37	38	37	41	43	37	57	52	39	35	40
Net profit	634	39	20	35	57	0	0	64	68	66	172	91	0	109	120	105	0	106	116	118	0	0	0	77	0	0
EPS ₹	74.40	4.58	2.32	4.16	6.66	35.56	8.50	7.46	7.95	7.74	20.15	10.66	11.71	12.75	14.08	12.36	13.33	12.48	13.64	13.88	12.57	20.05	22.67	9.08	12.26	13.93
Revenue YoY	—	—	—	—	15.2%	17.0%	109.2%	37.0%	35.5%	21.0%	13.3%	35.2%	22.6%	3.7%	—	—	-9.4%	-10.8%	-14.2%	-6.1%	-12.6%	1.5%	15.7%	3.8%	21.6%	12.3%
Profit YoY	—	—	—	—	-91.0%	-100.0%	-100.0%	79.4%	19.4%	—	—	42.9%	-100.0%	19.6%	—	—	—	-2.1%	-3.1%	12.3%	—	-100.0%	-100.0%	-34.6%	—	—

Earlier results (standalone, Sep '07 – Sep '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Linde India Ltd. reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	Dec '08†	Dec '09†	Dec '10†	Dec '11†	Dec '12†	Dec '13†	Dec '14†	Dec '15†	Dec '16†	Dec '17†	Dec '18†
Revenue	545	809	992	1,162	1,321	1,428	1,491	1,572	1,837	2,118	2,192
Operating profit	124	128	173	221	200	262	277	230	297	329	326
Operating margin	22.8%	15.9%	17.4%	19.0%	15.1%	18.3%	18.6%	14.6%	16.1%	15.5%	14.9%
Other income	9	6	10	18	3	8	11	32	22	16	23
Interest	24	5	5	7	37	74	103	90	115	117	103
Depreciation	33	47	59	71	113	129	181	162	199	206	199
Profit before tax	92	90	130	175	126	117	4	1	5	16	47
Tax	12	37	36	53	36	39	-2	-23	-4	-3	14
Net profit	80	53	94	122	89	77	5	23	9	19	33

Quarters

showing latest 8 of 49 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†	JUN '19†	SEP '19†
Revenue	98	103	131	136	136	142	160	213	218	219	256	249	237	250	224	250	311	376	301	347	345	328	331	331	326	440	347	357	375	413	372	375	405	420	416	430	467	523	558	535	507	518	528	550	552	563	441	498	410
Operating profit	18	17	34	38	33	19	20	32	42	35	44	42	45	42	45	44	42	90	47	54	55	44	62	58	64	77	56	67	67	87	54	48	60	66	73	76	75	72	83	80	84	83	72	85	84	85	113	95	110
Operating margin	18.7%	17.0%	25.8%	27.6%	24.5%	13.6%	12.5%	14.9%	19.3%	15.8%	17.2%	16.7%	18.9%	16.9%	20.1%	17.6%	13.5%	23.9%	15.5%	15.5%	15.9%	13.5%	18.9%	17.6%	19.7%	17.4%	16.3%	18.9%	17.8%	21.0%	14.6%	12.9%	14.9%	15.8%	17.6%	17.8%	16.0%	13.8%	14.9%	14.9%	16.5%	16.0%	13.7%	15.5%	15.2%	15.1%	25.6%	19.0%	26.8%
Other income	2	0	2	4	2	1	0	0	0	5	1	6	1	3	6	9	1	2	0	0	0	2	5	0	0	3	0	1	1	8	5	20	2	4	1	1	1	20	1	1	2	12	8	1	7	7	5	2	10
Interest	0	1	6	7	7	4	2	1	1	1	1	2	1	1	1	4	1	1	0	3	16	17	16	17	17	25	25	26	25	27	24	22	22	22	22	31	31	31	30	30	29	28	26	26	26	25	23	23	22
Depreciation	7	11	8	9	8	8	9	13	13	13	13	13	15	17	17	17	18	19	20	22	31	40	32	32	32	33	39	45	42	55	39	40	40	43	44	50	53	52	51	49	49	57	52	51	50	46	42	43	43
Profit before tax	12	6	21	26	27	19	13	15	19	43	33	36	31	29	36	40	26	74	27	29	9	61	20	9	15	72	-8	-2	0	13	-12	6	1	6	8	-3	-8	9	2	-5	8	11	2	9	15	21	52	31	54
Tax	5	-45	-5	9	5	4	8	6	6	17	9	12	5	9	9	13	9	23	9	8	3	16	14	3	5	17	-7	-0	-1	6	-27	2	1	1	-1	-1	-2	-0	1	-2	-3	1	-1	4	4	6	17	11	17
Net profit	7	51	26	17	22	15	5	10	13	26	24	24	26	19	27	27	17	51	18	20	6	45	6	6	10	56	-0	-2	1	7	14	4	0	5	8	-2	-5	9	1	-2	10	10	2	5	10	15	36	20	37
EPS ₹	1.44	10.48	3.30	1.99	2.56	1.81	0.59	1.14	1.47	3.04	2.79	2.84	3.08	2.27	3.13	3.16	2.03	5.95	2.09	2.38	0.70	5.32	0.69	0.70	1.17	6.52	-0.06	-0.20	0.12	0.78	1.69	0.46	0.04	0.56	0.96	-0.29	-0.64	1.07	0.16	-0.26	1.20	1.12	0.28	0.62	1.22	1.81	4.17	2.36	4.33
Revenue YoY	—	—	—	—	39.6%	37.7%	21.9%	56.7%	59.8%	54.5%	60.4%	16.7%	8.9%	14.3%	-12.7%	0.7%	31.5%	50.3%	34.5%	38.5%	10.7%	-12.7%	9.9%	-4.6%	-5.5%	34.2%	4.8%	7.8%	14.9%	-6.2%	7.3%	5.1%	8.0%	1.7%	11.9%	14.7%	15.3%	24.7%	34.0%	24.4%	8.6%	-1.0%	-5.4%	2.7%	8.8%	8.6%	-16.4%	-9.4%	-25.7%
Profit YoY	—	—	—	—	208.9%	-70.0%	-80.4%	-42.6%	-42.7%	67.8%	372.8%	149.1%	109.4%	-25.5%	12.1%	11.4%	-34.0%	161.9%	-33.2%	-24.7%	-65.8%	-10.4%	-67.2%	-70.8%	68.5%	22.4%	-108.5%	-128.5%	-89.4%	-88.2%	—	—	-67.9%	-26.6%	-43.0%	-162.7%	-1711.8%	89.8%	-83.3%	—	—	4.7%	73.7%	—	2.1%	62.0%	1394.5%	284.0%	253.8%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 20 periods

	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	33.6%	6.8%	5.0%	4.1%	5.4%	4.8%	7.3%	13.0%	14.0%	9.6%	9.6%	9.3%	9.1%	8.9%	8.9%	5.9%	3.0%	1.8%	1.8%	1.8%
ROCE	47.7%	10.4%	25.0%	28.5%	30.3%	25.6%	15.1%	14.1%	15.5%	16.7%	17.2%	16.7%	16.6%	16.2%	16.0%	17.5%	18.6%	16.2%	16.2%	11.9%
Net margin	51.7%	10.3%	7.3%	5.1%	6.2%	6.2%	9.0%	16.2%	16.2%	12.1%	12.4%	12.6%	13.0%	13.7%	14.2%	9.7%	4.7%	3.1%	2.9%	2.8%
EBITDA margin	24.5%	25.5%	27.4%	26.9%	27.2%	25.9%	24.8%	24.0%	22.8%	25.4%	26.8%	27.7%	29.1%	30.8%	32.4%	36.5%	37.7%	35.9%	34.4%	31.5%
Debt / equity	0.00	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.22
Interest coverage	44.79	37.31	141.20	233.11	248.34	228.73	118.09	102.25	101.40	79.67	71.41	63.56	60.48	49.02	45.30	48.30	40.33	47.76	39.97	21.12
Asset turnover	0.43	0.45	0.47	0.55	0.59	0.53	0.55	0.56	0.60	0.58	0.56	0.53	0.51	0.48	0.47	0.45	0.47	0.44	0.46	0.40

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 11 periods

	DEC '19‡	DEC '20‡	DEC '21‡	JUN '22	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	85	85	85	85	85	85	85	85	85	85	85
Other equity / reserves	2,087	2,149	2,630	2,747	3,161	3,383	3,501	3,735	3,911	4,181	4,303
Total equity	2,172	2,234	2,715	2,832	3,246	3,468	3,586	3,820	3,996	4,267	4,388
Borrowings	8	—	—	0	0	0	0	0	0	0	950
Current liabilities	784	710	875	903	938	1,031	1,052	1,026	1,083	1,220	1,110
Non-current liabilities	294	342	426	321	313	305	298	296	291	322	1,268
Total assets	3,250	3,286	4,017	4,056	4,498	4,805	4,936	5,143	5,371	5,808	6,766
Property, plant & equipment	2,035	1,968	1,810	1,773	1,677	1,802	1,767	1,906	1,929	2,073	3,534
Capital work-in-progress	53	17	68	133	371	483	791	975	1,266	1,343	1,091
Investments	0	4	9	23	36	50	62	58	62	82	99
Inventories	65	69	69	71	83	85	80	107	113	123	125
Receivables	383	407	396	477	626	481	406	385	460	508	506
Cash & equivalents	240	324	983	967	993	979	997	145	101	110	205

Cash flow

annual · ₹ crore · line = free cash flow

	Dec '20‡	Dec '21	FY24	FY25	FY26
Cash from operations	339	589	437	584	786
Cash from investing	-54	98	-498	-1,265	-705
Cash from financing	-201	-28	-146	-152	-116
Capex	—	128	572	1,331	766
Free cash flow	—	461	-135	-747	19
Dividends paid	85	26	102	102	102

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹3,534 cr52%

CWIP

₹1,091 cr16%

Investments

₹99 cr1%

Inventories

₹125 cr2%

Receivables

₹506 cr7%

Cash & equivalents

₹205 cr3%

Other assets

₹1,206 cr18%

Peer comparison

largest in Chemicals · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Solar Industries India Ltd.	1,68,402	18,608.00	74.4	21.95	29.5%
Pidilite Industries Ltd.	1,60,821	1,579.00	59.9	14.34	23.9%
SRF Ltd.	72,931	2,460.40	143.2	4.77	3.3%
Linde India Ltd.	58,496	6,859.00	755.3	13.33	1.8%
Coromandel International Ltd.	53,808	1,824.00	31.8	428.48	1349.1%
Gujarat Fluorochemicals Ltd.	51,320	4,665.50	75.6	6.12	8.1%
Fertilisers and Chemicals Travancore Ltd.	48,546	750.25	—	35.30	-3.1%
Navin Fluorine International Ltd.	46,221	9,010.00	50.8	10.36	20.4%
UPL Ltd.	45,199	534.90	23.9	1.30	5.4%
Himadri Speciality Chemical Ltd.	28,669	568.15	33.5	5.58	16.6%

StoxGud checklist: Neutral setup · 6/10

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

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+12.6%

6 months-12.6%

1 year+13.1%

3Y CAGR+3.8%

5Y CAGR+22.5%

10Y CAGR+33.7%

50-day avg₹6,145.29

200-day avg₹6,724.23

RSI (14)66

Compare Linde India Ltd. with

Solar Industries India vs Linde India Pidilite Industries vs Linde India SRF vs Linde India Linde India vs Coromandel International Linde India vs Gujarat Fluorochemicals Linde India vs Fertilisers and Chemicals Travancore

FAQs

What is the share price of Linde India Ltd.?

Linde India Ltd. (LINDEINDIA) closed at ₹6,859.00 on NSE on 06 Nov 2026.

What is the market cap of Linde India Ltd.?

₹58,496 crore at the latest close.

What is the P/E ratio of Linde India Ltd.?

755.3, on trailing-twelve-month earnings from its filings.

How fast is Linde India Ltd. growing?

Linde India Ltd.: revenue has compounded at 6.2% a year over three years; net profit at 2.7% a year. Latest-quarter revenue is up 12.3% year on year.

How profitable is Linde India Ltd.?

On a trailing-twelve-month basis return on equity is 1.8%, return on capital employed 11.9%, operating margin 31.5%, net margin 2.8%.

How much debt does Linde India Ltd. have?

Linde India Ltd. is lightly geared: debt to equity is 0.22 with borrowings of ₹950 cr against cash of ₹205 cr (balance sheet of 2026-09-30). Operating profit covers interest 21.1 times.

Financials parsed from Linde India Ltd.'s own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from DEC '19, annual from Dec '19, balance sheet from Dec '19. * = derived (full year or half year minus earlier quarters). ‡ = balance sheet / cash flow read from the company's published annual report (same basis), for years before the NSE filings carry them; each one checked to add up. Information only, not investment advice.