Share Price and Basic Stock Data
Last Updated: December 17, 2025, 9:34 pm
| PEG Ratio | -325.19 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Linde India Ltd operates in the industrial gases sector, a niche that has shown resilience even amidst economic fluctuations. As of the latest reporting, the company’s market capitalization stands at ₹49,923 Cr, with its share price at ₹5,854. The revenue trajectory has been somewhat erratic, with total sales recorded at ₹3,136 Cr for the trailing twelve months, indicating a decline to ₹2,485 Cr for FY 2025. This drop reflects a broader trend seen in recent quarters, where revenue peaked at ₹721 Cr in June 2023 but has since shown signs of tapering, falling to ₹630 Cr by March 2024. While the company has managed to maintain a reasonable operating profit margin of 34%, which is commendable, the fluctuating sales figures suggest that Linde India is navigating a challenging market environment.
Profitability and Efficiency Metrics
Profitability has been a mixed bag for Linde India. The company’s net profit for the trailing twelve months stood at ₹441 Cr, with a net profit margin of 18.01%, which appears strong against sector averages. However, the price-to-earnings ratio of 98.7 raises eyebrows, indicating that the stock may be priced for perfection. The operating profit margin has fluctuated, recorded at 24% in September 2023, dipping slightly to 18% by March 2025. This inconsistency in margins suggests that while Linde India is capable of generating profits, it faces pressures that could erode profitability if not managed effectively. Furthermore, the company’s cash conversion cycle, which at -224 days indicates a highly efficient operational structure, is a notable strength, allowing it to turn its investments into cash quickly.
Balance Sheet Strength and Financial Ratios
Linde India’s balance sheet presents a picture of stability, with total assets reported at ₹5,110 Cr and very minimal borrowings of just ₹42 Cr. This low leverage is a significant advantage, offering the company flexibility to maneuver through economic uncertainties. The return on equity (ROE) stands at 12.3%, while the return on capital employed (ROCE) is noted at 16.9%, both of which are respectable figures, indicating effective utilization of capital. However, the price-to-book value ratio of 9.62x suggests that investors are paying a premium for the stock relative to its book value, which could be a cause for concern. The interest coverage ratio, an impressive 147.29x, underscores Linde’s ability to comfortably meet its interest obligations, adding further strength to its financial standing.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Linde India reveals a strong promoter backing, with promoters holding 75% of the company. This level of control can instill confidence among investors, as it often aligns management’s interests with those of shareholders. However, foreign institutional investors (FIIs) have a minor stake at 2.35%, and domestic institutional investors (DIIs) hold 6.75%. This relatively low institutional interest could be a red flag, suggesting that larger investors are cautious about the stock. The number of shareholders has increased to 68,078, indicating a growing retail interest, which is a positive sign for liquidity. Nonetheless, the stagnant institutional support means that Linde India may need to improve its fundamentals to attract more significant institutional investments.
Outlook, Risks, and Final Insight
Looking ahead, Linde India faces both opportunities and challenges. On one hand, its strong operational efficiency and low debt position provide a solid foundation for growth. However, the declining sales trend and high valuation may pose risks that could deter potential investors. The company must navigate market fluctuations and maintain its profitability margins to ensure sustained investor confidence. If Linde can leverage its operational strengths while addressing the volatility in revenue, it can emerge stronger in the competitive industrial gases sector. Investors should remain vigilant, weighing the risks of high valuations against the company’s robust balance sheet and operational efficiencies as they consider their positions in Linde India.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Gagan Gases Ltd | 11.7 Cr. | 25.9 | 35.8/17.6 | 97.5 | 7.17 | 0.00 % | 10.6 % | 8.49 % | 10.0 |
| Bhagawati Oxygen Ltd | 10.4 Cr. | 44.9 | 72.3/36.3 | 1,037 | 17.5 | 0.00 % | 6.68 % | 10.6 % | 10.0 |
| Refex Industries Ltd | 3,847 Cr. | 280 | 534/212 | 19.1 | 103 | 0.18 % | 25.3 % | 22.0 % | 2.00 |
| Linde India Ltd | 51,245 Cr. | 6,004 | 7,870/5,202 | 101 | 463 | 0.07 % | 16.9 % | 12.3 % | 10.0 |
| Industry Average | 27,546.00 Cr | 1,588.70 | 313.65 | 147.67 | 0.06% | 14.87% | 13.35% | 8.00 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 588 | 686 | 697 | 630 | 721 | 711 | 706 | 630 | 653 | 634 | 606 | 592 | 571 |
| Expenses | 453 | 542 | 529 | 444 | 557 | 538 | 520 | 452 | 469 | 456 | 414 | 382 | 374 |
| Operating Profit | 135 | 144 | 168 | 186 | 164 | 174 | 186 | 179 | 184 | 179 | 192 | 210 | 197 |
| OPM % | 23% | 21% | 24% | 30% | 23% | 24% | 26% | 28% | 28% | 28% | 32% | 35% | 34% |
| Other Income | 11 | 35 | 28 | 22 | 18 | 19 | 22 | 18 | 19 | 16 | 19 | 13 | 4 |
| Interest | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 4 | 2 | 2 | 2 | 7 | 3 |
| Depreciation | 46 | 47 | 48 | 66 | 49 | 50 | 51 | 52 | 51 | 52 | 55 | 56 | 56 |
| Profit before tax | 98 | 130 | 146 | 140 | 132 | 141 | 156 | 141 | 150 | 141 | 155 | 161 | 142 |
| Tax % | -72% | 30% | 23% | 30% | 26% | 24% | 25% | 26% | 25% | 26% | 26% | 27% | 26% |
| Net Profit | 169 | 91 | 113 | 99 | 98 | 107 | 117 | 104 | 112 | 104 | 114 | 118 | 105 |
| EPS in Rs | 19.84 | 10.64 | 13.27 | 11.58 | 11.51 | 12.51 | 13.74 | 12.23 | 13.08 | 12.24 | 13.37 | 13.82 | 12.32 |
Last Updated: August 20, 2025, 7:40 am
Below is a detailed analysis of the quarterly data for Linde India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 571.00 Cr.. The value appears to be declining and may need further review. It has decreased from 592.00 Cr. (Mar 2025) to 571.00 Cr., marking a decrease of 21.00 Cr..
- For Expenses, as of Jun 2025, the value is 374.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 382.00 Cr. (Mar 2025) to 374.00 Cr., marking a decrease of 8.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 197.00 Cr.. The value appears to be declining and may need further review. It has decreased from 210.00 Cr. (Mar 2025) to 197.00 Cr., marking a decrease of 13.00 Cr..
- For OPM %, as of Jun 2025, the value is 34.00%. The value appears to be declining and may need further review. It has decreased from 35.00% (Mar 2025) to 34.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 4.00 Cr.. The value appears to be declining and may need further review. It has decreased from 13.00 Cr. (Mar 2025) to 4.00 Cr., marking a decrease of 9.00 Cr..
- For Interest, as of Jun 2025, the value is 3.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 7.00 Cr. (Mar 2025) to 3.00 Cr., marking a decrease of 4.00 Cr..
- For Depreciation, as of Jun 2025, the value is 56.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 56.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 142.00 Cr.. The value appears to be declining and may need further review. It has decreased from 161.00 Cr. (Mar 2025) to 142.00 Cr., marking a decrease of 19.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Mar 2025) to 26.00%, marking a decrease of 1.00%.
- For Net Profit, as of Jun 2025, the value is 105.00 Cr.. The value appears to be declining and may need further review. It has decreased from 118.00 Cr. (Mar 2025) to 105.00 Cr., marking a decrease of 13.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 12.32. The value appears to be declining and may need further review. It has decreased from 13.82 (Mar 2025) to 12.32, marking a decrease of 1.50.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:03 am
| Metric | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023n n 15m | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,428 | 1,491 | 1,567 | 1,825 | 2,033 | 2,192 | 1,762 | 1,471 | 2,112 | 3,136 | 2,769 | 2,485 | 2,413 |
| Expenses | 1,167 | 1,214 | 1,337 | 1,539 | 1,705 | 1,866 | 1,347 | 1,096 | 1,564 | 2,371 | 2,066 | 1,720 | 1,532 |
| Operating Profit | 261 | 277 | 230 | 287 | 328 | 326 | 415 | 375 | 548 | 765 | 702 | 765 | 881 |
| OPM % | 18% | 19% | 15% | 16% | 16% | 15% | 24% | 25% | 26% | 24% | 25% | 31% | 37% |
| Other Income | 59 | 11 | 22 | 34 | 11 | 23 | 862 | 44 | 348 | 109 | 77 | 68 | 40 |
| Interest | 74 | 103 | 90 | 116 | 116 | 103 | 86 | 6 | 3 | 6 | 7 | 13 | 14 |
| Depreciation | 129 | 181 | 162 | 195 | 206 | 199 | 177 | 176 | 181 | 253 | 201 | 214 | 223 |
| Profit before tax | 117 | 4 | 1 | 10 | 16 | 47 | 1,013 | 236 | 711 | 614 | 571 | 606 | 684 |
| Tax % | 34% | -51% | -4,164% | -31% | -17% | 29% | 28% | 34% | 28% | 13% | 25% | 26% | |
| Net Profit | 77 | 5 | 23 | 13 | 19 | 33 | 727 | 156 | 514 | 536 | 426 | 448 | 506 |
| EPS in Rs | 9.07 | 0.63 | 2.75 | 1.57 | 2.22 | 3.93 | 85.27 | 18.24 | 60.26 | 62.82 | 49.99 | 52.51 | 59.33 |
| Dividend Payout % | 17% | 237% | 27% | 48% | 45% | 38% | 12% | 16% | 22% | 19% | 24% | 23% |
YoY Net Profit Growth
| Year | 2024-2025 |
|---|---|
| YoY Net Profit Growth (%) | 5.16% |
| Change in YoY Net Profit Growth (%) | 0.00% |
Linde India Ltd has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 1 years from 2024-2025 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 92% |
| 5 Years: | 30% |
| 3 Years: | 14% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 36% |
| 5 Years: | 55% |
| 3 Years: | 24% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 13% |
| 3 Years: | 14% |
| Last Year: | 12% |
Last Updated: September 5, 2025, 9:50 am
Balance Sheet
Last Updated: December 10, 2025, 3:00 am
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 | 85 |
| Reserves | 1,342 | 1,304 | 1,307 | 1,310 | 1,322 | 1,342 | 2,052 | 2,118 | 2,606 | 3,029 | 3,349 | 3,694 | 3,866 |
| Borrowings | 1,528 | 1,564 | 1,388 | 1,445 | 1,282 | 1,199 | 108 | 7 | 24 | 22 | 21 | 42 | 67 |
| Other Liabilities | 1,011 | 926 | 883 | 722 | 680 | 759 | 970 | 1,048 | 1,287 | 1,246 | 1,324 | 1,289 | 1,316 |
| Total Liabilities | 3,966 | 3,880 | 3,664 | 3,563 | 3,369 | 3,385 | 3,215 | 3,259 | 4,003 | 4,382 | 4,780 | 5,110 | 5,334 |
| Fixed Assets | 1,665 | 2,201 | 2,158 | 2,573 | 2,498 | 2,162 | 2,035 | 1,989 | 1,869 | 1,762 | 1,822 | 1,925 | 1,949 |
| CWIP | 744 | 356 | 577 | 80 | 36 | 44 | 53 | 17 | 68 | 225 | 483 | 975 | 1,266 |
| Investments | 15 | 15 | 15 | 15 | 15 | 0 | 0 | 2 | 2 | 16 | 27 | 27 | 27 |
| Other Assets | 1,542 | 1,308 | 915 | 895 | 821 | 1,179 | 1,127 | 1,251 | 2,064 | 2,378 | 2,448 | 2,183 | 2,093 |
| Total Assets | 3,966 | 3,880 | 3,664 | 3,563 | 3,369 | 3,385 | 3,215 | 3,259 | 4,003 | 4,382 | 4,780 | 5,110 | 5,334 |
Below is a detailed analysis of the balance sheet data for Linde India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 85.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 85.00 Cr..
- For Reserves, as of Sep 2025, the value is 3,866.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,694.00 Cr. (Mar 2025) to 3,866.00 Cr., marking an increase of 172.00 Cr..
- For Borrowings, as of Sep 2025, the value is 67.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 42.00 Cr. (Mar 2025) to 67.00 Cr., marking an increase of 25.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 1,316.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,289.00 Cr. (Mar 2025) to 1,316.00 Cr., marking an increase of 27.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 5,334.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,110.00 Cr. (Mar 2025) to 5,334.00 Cr., marking an increase of 224.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,949.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,925.00 Cr. (Mar 2025) to 1,949.00 Cr., marking an increase of 24.00 Cr..
- For CWIP, as of Sep 2025, the value is 1,266.00 Cr.. The value appears strong and on an upward trend. It has increased from 975.00 Cr. (Mar 2025) to 1,266.00 Cr., marking an increase of 291.00 Cr..
- For Investments, as of Sep 2025, the value is 27.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 27.00 Cr..
- For Other Assets, as of Sep 2025, the value is 2,093.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,183.00 Cr. (Mar 2025) to 2,093.00 Cr., marking a decrease of 90.00 Cr..
- For Total Assets, as of Sep 2025, the value is 5,334.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,110.00 Cr. (Mar 2025) to 5,334.00 Cr., marking an increase of 224.00 Cr..
Notably, the Reserves (3,866.00 Cr.) exceed the Borrowings (67.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023n n 15m | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 260.00 | 276.00 | 229.00 | 286.00 | 327.00 | 325.00 | 307.00 | 368.00 | 524.00 | 765.00 | 681.00 | 723.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74 | 75 | 78 | 71 | 63 | 61 | 79 | 101 | 73 | 47 | 63 | 57 |
| Inventory Days | 104 | 153 | 141 | 102 | 91 | 66 | 57 | 72 | 37 | 22 | 32 | 69 |
| Days Payable | 424 | 541 | 466 | 447 | 348 | 293 | 327 | 477 | 312 | 156 | 235 | 349 |
| Cash Conversion Cycle | -246 | -313 | -247 | -274 | -194 | -166 | -190 | -303 | -202 | -87 | -139 | -224 |
| Working Capital Days | -66 | -81 | 16 | -70 | -69 | -81 | -22 | 6 | -3 | -9 | -12 | -29 |
| ROCE % | 5% | 3% | 3% | 4% | 5% | 6% | 11% | 10% | 17% | 21% | 17% | 17% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Nippon India Multi Cap Fund | 1,524,539 | 1.82 | 909.54 | N/A | N/A | N/A |
| Kotak Large & Midcap Fund | 814,736 | 1.62 | 486.07 | N/A | N/A | N/A |
| Quant Mid Cap Fund | 478,750 | 3.42 | 285.62 | N/A | N/A | N/A |
| Nippon India Small Cap Fund | 400,000 | 0.35 | 238.64 | N/A | N/A | N/A |
| Nippon India ELSS Tax Saver Fund | 271,642 | 1.04 | 162.06 | N/A | N/A | N/A |
| Nippon India Large Cap Fund | 216,434 | 0.26 | 129.12 | N/A | N/A | N/A |
| Kotak ELSS Tax Saver Fund | 200,000 | 1.83 | 119.32 | 200,000 | 2025-04-22 17:25:28 | 0% |
| Axis Midcap Fund | 132,665 | 0.25 | 79.15 | 139,865 | 2025-12-15 02:01:32 | -5.15% |
| Canara Robeco Large and Mid Cap Fund | 122,766 | 0.28 | 73.24 | 122,311 | 2025-12-15 02:01:32 | 0.37% |
| Axis Large & Mid Cap Fund | 119,946 | 0.46 | 71.56 | 156,663 | 2025-12-15 02:01:32 | -23.44% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 53.33 | 50.90 | 63.09 | 51.45 | 59.47 |
| Diluted EPS (Rs.) | 53.33 | 50.90 | 63.09 | 51.45 | 59.47 |
| Cash EPS (Rs.) | 77.58 | 73.55 | 91.73 | 72.44 | 80.08 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 447.91 | 406.69 | 368.19 | 356.45 | 318.33 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 447.91 | 406.69 | 368.19 | 356.45 | 318.33 |
| Revenue From Operations / Share (Rs.) | 291.42 | 324.64 | 367.66 | 293.76 | 247.64 |
| PBDIT / Share (Rs.) | 97.67 | 91.38 | 101.80 | 77.47 | 70.50 |
| PBIT / Share (Rs.) | 72.59 | 67.82 | 72.15 | 55.54 | 49.23 |
| PBT / Share (Rs.) | 71.11 | 66.97 | 71.48 | 55.01 | 81.17 |
| Net Profit / Share (Rs.) | 52.51 | 49.99 | 62.08 | 50.50 | 58.81 |
| NP After MI And SOA / Share (Rs.) | 53.33 | 50.90 | 63.09 | 51.45 | 59.47 |
| PBDIT Margin (%) | 33.51 | 28.14 | 27.68 | 26.37 | 28.46 |
| PBIT Margin (%) | 24.90 | 20.89 | 19.62 | 18.90 | 19.88 |
| PBT Margin (%) | 24.40 | 20.62 | 19.44 | 18.72 | 32.77 |
| Net Profit Margin (%) | 18.01 | 15.39 | 16.88 | 17.19 | 23.75 |
| NP After MI And SOA Margin (%) | 18.30 | 15.67 | 17.16 | 17.51 | 24.01 |
| Return on Networth / Equity (%) | 11.90 | 12.51 | 17.13 | 14.43 | 18.68 |
| Return on Capital Employeed (%) | 15.04 | 15.32 | 17.75 | 14.04 | 13.36 |
| Return On Assets (%) | 8.84 | 9.03 | 12.22 | 9.98 | 12.62 |
| Asset Turnover Ratio (%) | 0.49 | 0.60 | 0.74 | 0.59 | 0.58 |
| Current Ratio (X) | 0.96 | 1.88 | 2.21 | 2.10 | 2.13 |
| Quick Ratio (X) | 0.86 | 1.80 | 2.13 | 2.02 | 2.06 |
| Inventory Turnover Ratio (X) | 25.93 | 6.84 | 11.26 | 9.32 | 5.71 |
| Dividend Payout Ratio (NP) (%) | 22.50 | 23.57 | 21.39 | 0.00 | 5.04 |
| Dividend Payout Ratio (CP) (%) | 15.30 | 16.11 | 14.55 | 0.00 | 3.71 |
| Earning Retention Ratio (%) | 77.50 | 76.43 | 78.61 | 0.00 | 94.96 |
| Cash Earning Retention Ratio (%) | 84.70 | 83.89 | 85.45 | 0.00 | 96.29 |
| Interest Coverage Ratio (X) | 65.96 | 107.21 | 153.50 | 147.29 | 196.87 |
| Interest Coverage Ratio (Post Tax) (X) | 36.46 | 59.65 | 94.60 | 97.01 | 75.05 |
| Enterprise Value (Cr.) | 53159.63 | 53673.99 | 33189.90 | 27993.22 | 20254.57 |
| EV / Net Operating Revenue (X) | 21.39 | 19.39 | 10.59 | 11.17 | 9.59 |
| EV / EBITDA (X) | 63.82 | 68.87 | 38.23 | 42.37 | 33.69 |
| MarketCap / Net Operating Revenue (X) | 21.45 | 19.74 | 10.97 | 11.67 | 10.06 |
| Retention Ratios (%) | 77.49 | 76.42 | 78.60 | 0.00 | 94.95 |
| Price / BV (X) | 13.95 | 15.76 | 10.95 | 9.62 | 7.82 |
| Price / Net Operating Revenue (X) | 21.45 | 19.74 | 10.97 | 11.67 | 10.06 |
| EarningsYield | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
After reviewing the key financial ratios for Linde India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 53.33. This value is within the healthy range. It has increased from 50.90 (Mar 24) to 53.33, marking an increase of 2.43.
- For Diluted EPS (Rs.), as of Mar 25, the value is 53.33. This value is within the healthy range. It has increased from 50.90 (Mar 24) to 53.33, marking an increase of 2.43.
- For Cash EPS (Rs.), as of Mar 25, the value is 77.58. This value is within the healthy range. It has increased from 73.55 (Mar 24) to 77.58, marking an increase of 4.03.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 447.91. It has increased from 406.69 (Mar 24) to 447.91, marking an increase of 41.22.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 447.91. It has increased from 406.69 (Mar 24) to 447.91, marking an increase of 41.22.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 291.42. It has decreased from 324.64 (Mar 24) to 291.42, marking a decrease of 33.22.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 97.67. This value is within the healthy range. It has increased from 91.38 (Mar 24) to 97.67, marking an increase of 6.29.
- For PBIT / Share (Rs.), as of Mar 25, the value is 72.59. This value is within the healthy range. It has increased from 67.82 (Mar 24) to 72.59, marking an increase of 4.77.
- For PBT / Share (Rs.), as of Mar 25, the value is 71.11. This value is within the healthy range. It has increased from 66.97 (Mar 24) to 71.11, marking an increase of 4.14.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 52.51. This value is within the healthy range. It has increased from 49.99 (Mar 24) to 52.51, marking an increase of 2.52.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 53.33. This value is within the healthy range. It has increased from 50.90 (Mar 24) to 53.33, marking an increase of 2.43.
- For PBDIT Margin (%), as of Mar 25, the value is 33.51. This value is within the healthy range. It has increased from 28.14 (Mar 24) to 33.51, marking an increase of 5.37.
- For PBIT Margin (%), as of Mar 25, the value is 24.90. This value exceeds the healthy maximum of 20. It has increased from 20.89 (Mar 24) to 24.90, marking an increase of 4.01.
- For PBT Margin (%), as of Mar 25, the value is 24.40. This value is within the healthy range. It has increased from 20.62 (Mar 24) to 24.40, marking an increase of 3.78.
- For Net Profit Margin (%), as of Mar 25, the value is 18.01. This value exceeds the healthy maximum of 10. It has increased from 15.39 (Mar 24) to 18.01, marking an increase of 2.62.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 18.30. This value is within the healthy range. It has increased from 15.67 (Mar 24) to 18.30, marking an increase of 2.63.
- For Return on Networth / Equity (%), as of Mar 25, the value is 11.90. This value is below the healthy minimum of 15. It has decreased from 12.51 (Mar 24) to 11.90, marking a decrease of 0.61.
- For Return on Capital Employeed (%), as of Mar 25, the value is 15.04. This value is within the healthy range. It has decreased from 15.32 (Mar 24) to 15.04, marking a decrease of 0.28.
- For Return On Assets (%), as of Mar 25, the value is 8.84. This value is within the healthy range. It has decreased from 9.03 (Mar 24) to 8.84, marking a decrease of 0.19.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.49. It has decreased from 0.60 (Mar 24) to 0.49, marking a decrease of 0.11.
- For Current Ratio (X), as of Mar 25, the value is 0.96. This value is below the healthy minimum of 1.5. It has decreased from 1.88 (Mar 24) to 0.96, marking a decrease of 0.92.
- For Quick Ratio (X), as of Mar 25, the value is 0.86. This value is below the healthy minimum of 1. It has decreased from 1.80 (Mar 24) to 0.86, marking a decrease of 0.94.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 25.93. This value exceeds the healthy maximum of 8. It has increased from 6.84 (Mar 24) to 25.93, marking an increase of 19.09.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 22.50. This value is within the healthy range. It has decreased from 23.57 (Mar 24) to 22.50, marking a decrease of 1.07.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 15.30. This value is below the healthy minimum of 20. It has decreased from 16.11 (Mar 24) to 15.30, marking a decrease of 0.81.
- For Earning Retention Ratio (%), as of Mar 25, the value is 77.50. This value exceeds the healthy maximum of 70. It has increased from 76.43 (Mar 24) to 77.50, marking an increase of 1.07.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 84.70. This value exceeds the healthy maximum of 70. It has increased from 83.89 (Mar 24) to 84.70, marking an increase of 0.81.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 65.96. This value is within the healthy range. It has decreased from 107.21 (Mar 24) to 65.96, marking a decrease of 41.25.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 36.46. This value is within the healthy range. It has decreased from 59.65 (Mar 24) to 36.46, marking a decrease of 23.19.
- For Enterprise Value (Cr.), as of Mar 25, the value is 53,159.63. It has decreased from 53,673.99 (Mar 24) to 53,159.63, marking a decrease of 514.36.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 21.39. This value exceeds the healthy maximum of 3. It has increased from 19.39 (Mar 24) to 21.39, marking an increase of 2.00.
- For EV / EBITDA (X), as of Mar 25, the value is 63.82. This value exceeds the healthy maximum of 15. It has decreased from 68.87 (Mar 24) to 63.82, marking a decrease of 5.05.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 21.45. This value exceeds the healthy maximum of 3. It has increased from 19.74 (Mar 24) to 21.45, marking an increase of 1.71.
- For Retention Ratios (%), as of Mar 25, the value is 77.49. This value exceeds the healthy maximum of 70. It has increased from 76.42 (Mar 24) to 77.49, marking an increase of 1.07.
- For Price / BV (X), as of Mar 25, the value is 13.95. This value exceeds the healthy maximum of 3. It has decreased from 15.76 (Mar 24) to 13.95, marking a decrease of 1.81.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 21.45. This value exceeds the healthy maximum of 3. It has increased from 19.74 (Mar 24) to 21.45, marking an increase of 1.71.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Linde India Ltd:
- Net Profit Margin: 18.01%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 15.04% (Industry Average ROCE: 14.87%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 11.9% (Industry Average ROE: 13.35%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 36.46
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.86
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 101 (Industry average Stock P/E: 313.65)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 18.01%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Industrial Gases | Oxygen House, P43, Taratala Road, Kolkata West Bengal 700088 | contact.lg.in@linde.com http://www.linde.in |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Michael J Devine | Chairman |
| Mr. Abhijit Banerjee | Managing Director |
| Ms. Shalini Sarin | Independent Director |
| Mr. Mannu Sanganeria | Non Executive Director |
| Mr. Subba Rao Amarthaluru | Independent Director |
| Mr. Gobichettipalayam S Krishnan | Independent Director |
FAQ
What is the intrinsic value of Linde India Ltd?
Linde India Ltd's intrinsic value (as of 17 December 2025) is 4604.70 which is 23.31% lower the current market price of 6,004.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 51,245 Cr. market cap, FY2025-2026 high/low of 7,870/5,202, reserves of ₹3,866 Cr, and liabilities of 5,334 Cr.
What is the Market Cap of Linde India Ltd?
The Market Cap of Linde India Ltd is 51,245 Cr..
What is the current Stock Price of Linde India Ltd as on 17 December 2025?
The current stock price of Linde India Ltd as on 17 December 2025 is 6,004.
What is the High / Low of Linde India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Linde India Ltd stocks is 7,870/5,202.
What is the Stock P/E of Linde India Ltd?
The Stock P/E of Linde India Ltd is 101.
What is the Book Value of Linde India Ltd?
The Book Value of Linde India Ltd is 463.
What is the Dividend Yield of Linde India Ltd?
The Dividend Yield of Linde India Ltd is 0.07 %.
What is the ROCE of Linde India Ltd?
The ROCE of Linde India Ltd is 16.9 %.
What is the ROE of Linde India Ltd?
The ROE of Linde India Ltd is 12.3 %.
What is the Face Value of Linde India Ltd?
The Face Value of Linde India Ltd is 10.0.