1. India Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Linde India Ltd.

Linde India Ltd.

5,900.50
INR
+18.00
(+0.31%)
56.58EPS
129.22P/E
623.51BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
164.41
172.45
182.19
213.82
238.26
256.9
206.52
172.43
247.62
293.74
324.61
291.4
296.71
302.59
Basic EPS, GAAP
9.07
0.63
2.75
2.23
1.9
3.01
85.27
17.72
59.47
51.45
50.9
53.33
64.37
56.58
Free Cash Flow per Basic Share
26.82
31.83
28.42
34.31
20.2
33
28.54
31.48
53.02
38.27
-15.39
-87.58
2.26
- -
Dividend per Share
1.51
1.51
1.5
0.75
0.75
1
1.5
10
3
13.5
11.97
11.96
11.96
- -
Book Value per Share
167.36
162.89
163.29
168.96
170.09
171.41
254.67
261.98
318.33
356.45
406.69
447.91
500.27
- -
Tangible Book Value per Share
165.53
161.39
162.37
168.22
169.97
171.33
254.63
261.94
315.89
354.05
404.35
445.6
497.95
- -
Basic Weighted Avg Shares
85
85
85
85
85
85
85
85
85
85
85
85
85
85
Sales/Revenue/Turnover
14,022
14,707
15,541
18,236
20,319
21,909
17,613
14,706
21,120
25,053
27,684
24,852
25,305
25,808
Operating Margin (%)
9.29
6.32
3.58
5.89
6.26
6.09
13.69
13.86
17.29
15.62
18.11
22.05
26.69
22.73
Depreciation Expense
1,290
1,813
1,615
1,954
2,063
1,991
1,773
1,760
1,814
1,871
2,009
2,138
2,349
2,409
Net Income, GAAP
773
54
235
190
162
257
7,272
1,511
5,072
4,388
4,341
4,548
5,490
4,826
Effective Tax Rate (%)
33.69
- -
- -
- -
- -
34.75
28.21
33.92
27.32
8.06
25.01
25.86
25.16
25.17
Profit Margin (%)
5.51
0.37
1.51
1.04
0.8
1.17
41.29
10.27
24.02
17.52
15.68
18.3
21.69
18.7
Working Capital
-1,992
-2,751
979
-2,440
-3,447
-3,232
1,721
3,759
9,930
11,261
9,040
-491
-1,685
- -
LT Debt
11,157
11,024
13,383
9,897
7,764
4,168
- -
59
230
214
191
404
753
- -
Total Equity
14,273
13,892
13,926
14,410
14,506
14,619
21,719
22,343
27,149
30,399
34,684
38,199
42,665
- -
Return on Invested Capital (%)
4.61
- -
- -
- -
- -
3.27
31.46
5.99
18.8
12.42
11.54
11.01
12.22
- -
Return on Capital (%)
4.7
- -
- -
- -
- -
3.44
31.94
6.87
20.46
15.27
13.42
12.63
13.64
- -
Return on Common Equity (%)
5.6
0.38
1.69
1.34
1.12
1.76
40.02
6.86
20.5
15.25
13.34
12.48
13.58
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
36
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
753
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
85
85
85
Market Capitalization
507,910
583,685
623,513

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
10,515
- -
Cash, Cash Equivalents & STI
- -
1,348
- -
Accounts Receivable, Net
- -
5,569
- -
Inventories
- -
1,230
- -
Total Current Liabilities
- -
12,200
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
36
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.58%
13.88%
11.69%
Free Cash Flow
30.65%
53.34%
-102.58%
Net Income, GAAP
292.26%
49.32%
20.69%
Sales/Revenue/Turnover
6.48%
12.86%
1.82%
Total Cash Common Dividend
- -
53.71%
-0.05%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6,532
6,344
6,059
5,919
24,852
2026
5,711
- -
7,010
6,143
25,305
2027
6,944
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
13.33
12.48
13.64
13.88
53.33
2026
12.57
- -
22.67
9.08
64.37
2027
12.26
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
11.96
2026
- -
- -
- -
- -
11.96
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Milan Sadhukhan
Full Time Employees
2,419
Sector
Process industries
Industry
Chemicals: specialty
Address
Oxygen House Kolkata WB India 700088
IPO Date
Nov 14, 1994
Website
lindeindia.in
Similar Companies
Petkim Petrokimya Holding Anonim Sirketi (BIST:PETKM)
Albemarle Corporation (NYSE:ALB)
Linde plc (NASDAQ:LIN)
Gubre Fabrikalari T.A.S. (BIST:GUBRF)
IOL Chemicals & Pharmaceuticals Ltd. (NSE:IOLCP)
PI Industries Limited (NSE:PIIND)
Business
Linde India Limited, a leading industrial gases and engineering company and a subsidiary of Linde plc, manufactures and supplies a comprehensive portfolio of industrial, medical and specialty gases including oxygen, nitrogen, argon, helium, carbon dioxide, xenon and krypton; provides on-site pipeline gases to large-scale industries such as primary steel, glass and chemicals, merchant bulk liquefied gases via cryogenic tankers to medium-scale customers across various sectors, and packaged compressed gases in cylinders for smaller applications in fabrication, manufacturing and construction; and operates a Project Engineering Division that designs, supplies, installs and commissions tonnage air separation units, nitrogen plants, pressure swing adsorption plants, gas distribution systems and cryogenic vessels for in-house use and third-party sales. The company maintains over 35 operating facilities and strategically located cylinder bottling units across India, supported by a national distribution network and fleet of cryogenic bulk tankers, serving end markets including metals, chemicals, automobiles, electronics, food and beverage, healthcare and manufacturing. Founded in 1935 and headquartered in Kolkata, West Bengal, Linde India Limited benefits from its parent's global expertise following the 2018 merger of Linde AG and Praxair Inc., with Linde plc holding a 75% stake. In recent developments, the company signed agreements in October 2024 to de-captivate two large air separation units under construction at Tata Steel Limited's Kalinganagar facility in Odisha, more than doubling on-site capacity with transfer expected in 2025, alongside a long-term supply contract for oxygen, nitrogen and argon to support Tata Steel's expansion and renewable energy agreements to reduce Scope 2 emissions. These initiatives enhance network density in key industrial clusters and align with strategic growth in sustainable industrial gas supply.