Share Price and Basic Stock Data
Last Updated: November 6, 2025, 9:27 pm
| PEG Ratio | -32.81 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Linde India Ltd operates within the industrial gases sector, holding a significant market capitalization of ₹51,722 Cr. The company’s share price stood at ₹6,065, reflecting a P/E ratio of 117. Over the past few quarters, Linde India has demonstrated a variable sales performance, with revenues reported at ₹588 Cr in June 2022 and peaking at ₹721 Cr in June 2023. However, sales saw a slight decline to ₹711 Cr in September 2023 and further to ₹706 Cr by December 2023. Notably, the trailing twelve months (TTM) sales were recorded at ₹2,403 Cr, indicating a robust revenue generation capability compared to historical figures. The company’s operational efficiency is highlighted by an operating profit margin (OPM) that has improved from 23% in June 2022 to 34% currently, showcasing Linde India’s ability to maintain profitability amidst fluctuating revenues.
Profitability and Efficiency Metrics
Linde India’s profitability metrics exhibit a mixed performance, with a reported net profit of ₹441 Cr. The company achieved a return on equity (ROE) of 12.3% and a return on capital employed (ROCE) of 16.9%, which are both solid indicators of operational efficiency. The net profit margin, currently at 18.01%, reflects an upward trend from previous periods, demonstrating improved cost management. The operating profit has notably increased, with figures rising from ₹135 Cr in June 2022 to ₹210 Cr in March 2025. Furthermore, the company has maintained a cash conversion cycle (CCC) of -224 days, indicating exceptional efficiency in managing working capital and liquidity. However, the interest coverage ratio (ICR) at 147.29x underscores Linde’s strong ability to meet its interest obligations, suggesting financial stability in times of economic variability.
Balance Sheet Strength and Financial Ratios
Linde India’s balance sheet exhibits considerable strength, with total assets reported at ₹5,110 Cr and total liabilities at ₹5,110 Cr as of March 2025. The company maintains a low level of borrowings at ₹42 Cr, which is significantly lower compared to historical figures, demonstrating prudent financial management. Reserves have increased to ₹3,694 Cr, reflecting retained earnings and a commitment to reinvestment in the business. The price-to-book value (P/BV) ratio currently stands at 9.62x, indicating a premium valuation relative to its book equity. Additionally, the current ratio of 0.96 and the quick ratio of 0.86 suggest that while Linde India may face some liquidity challenges, its strong operational cash flows can support its short-term obligations. The enterprise value (EV) of ₹53,159.63 Cr further emphasizes the company’s market strength compared to its operational revenue.
Shareholding Pattern and Investor Confidence
Linde India’s shareholding structure reveals a strong promoter backing, with promoters owning 75% of the company. This stability in ownership can be a positive signal for investors regarding corporate governance and strategic direction. Foreign institutional investors (FIIs) hold a marginal 2.35%, while domestic institutional investors (DIIs) account for 6.75%, indicating moderate institutional interest in the company. The number of shareholders has increased to 68,078, reflecting growing public interest. The gradual rise in public shareholding from 14.39% in December 2022 to 15.90% in March 2025 suggests an increasing confidence in Linde India’s prospects. However, the relatively low FII participation might indicate cautious sentiment among foreign investors regarding the industrial gases sector’s growth potential.
Outlook, Risks, and Final Insight
Looking ahead, Linde India faces both opportunities and challenges. Its strong operational metrics and low debt levels position it well for future growth, particularly as demand for industrial gases rises with economic recovery. However, risks such as fluctuating raw material prices and potential regulatory changes in the industrial sector could impact profitability. Additionally, the high P/E ratio of 117 may suggest that the stock is overvalued compared to sector norms, which could deter value-oriented investors. If Linde India can maintain its profitability and manage costs effectively, it could see continued investor interest. Conversely, any significant downturn in the industrial sector or adverse market conditions could pose risks to its financial performance and stock price.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Linde India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Gagan Gases Ltd | 11.5 Cr. | 25.4 | 35.8/17.6 | 54.7 | 7.33 | 0.00 % | 10.6 % | 8.49 % | 10.0 |
| Bhagawati Oxygen Ltd | 9.50 Cr. | 41.1 | 72.3/36.3 | 17.2 | 0.00 % | 6.68 % | 10.6 % | 10.0 | |
| Refex Industries Ltd | 5,040 Cr. | 369 | 575/334 | 25.0 | 103 | 0.14 % | 25.3 % | 22.0 % | 2.00 |
| Linde India Ltd | 49,794 Cr. | 5,843 | 7,999/5,202 | 98.4 | 463 | 0.08 % | 16.9 % | 12.3 % | 10.0 |
| Industry Average | 27,417.00 Cr | 1,569.63 | 59.37 | 147.63 | 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: October 15, 2025, 4:56 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 | 2,403 |
| 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 | 1,625 |
| Operating Profit | 261 | 277 | 230 | 287 | 328 | 326 | 415 | 375 | 548 | 765 | 702 | 765 | 778 |
| OPM % | 18% | 19% | 15% | 16% | 16% | 15% | 24% | 25% | 26% | 24% | 25% | 31% | 32% |
| Other Income | 59 | 11 | 22 | 34 | 11 | 23 | 862 | 44 | 348 | 109 | 77 | 68 | 53 |
| 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 | 218 |
| Profit before tax | 117 | 4 | 1 | 10 | 16 | 47 | 1,013 | 236 | 711 | 614 | 571 | 606 | 599 |
| 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 | 441 |
| 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 | 51.75 |
| 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: June 16, 2025, 11:47 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 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 |
| Borrowings | 1,528 | 1,564 | 1,388 | 1,445 | 1,282 | 1,199 | 108 | 7 | 24 | 22 | 21 | 42 |
| Other Liabilities | 1,011 | 926 | 883 | 722 | 680 | 759 | 970 | 1,048 | 1,287 | 1,246 | 1,324 | 1,289 |
| 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 |
| 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 |
| CWIP | 744 | 356 | 577 | 80 | 36 | 44 | 53 | 17 | 68 | 225 | 483 | 975 |
| Investments | 15 | 15 | 15 | 15 | 15 | 0 | 0 | 2 | 2 | 16 | 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 |
| 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 |
Below is a detailed analysis of the balance sheet data for Linde India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 85.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 85.00 Cr..
- For Reserves, as of Mar 2025, the value is 3,694.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,349.00 Cr. (Mar 2024) to 3,694.00 Cr., marking an increase of 345.00 Cr..
- For Borrowings, as of Mar 2025, the value is 42.00 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 21.00 Cr. (Mar 2024) to 42.00 Cr., marking an increase of 21.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 1,289.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,324.00 Cr. (Mar 2024) to 1,289.00 Cr., marking a decrease of 35.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 5,110.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,780.00 Cr. (Mar 2024) to 5,110.00 Cr., marking an increase of 330.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 1,925.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,822.00 Cr. (Mar 2024) to 1,925.00 Cr., marking an increase of 103.00 Cr..
- For CWIP, as of Mar 2025, the value is 975.00 Cr.. The value appears strong and on an upward trend. It has increased from 483.00 Cr. (Mar 2024) to 975.00 Cr., marking an increase of 492.00 Cr..
- For Investments, as of Mar 2025, the value is 27.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 27.00 Cr..
- For Other Assets, as of Mar 2025, the value is 2,183.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,448.00 Cr. (Mar 2024) to 2,183.00 Cr., marking a decrease of 265.00 Cr..
- For Total Assets, as of Mar 2025, the value is 5,110.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,780.00 Cr. (Mar 2024) to 5,110.00 Cr., marking an increase of 330.00 Cr..
Notably, the Reserves (3,694.00 Cr.) exceed the Borrowings (42.00 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 - No data available for this post.
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 |
|---|---|---|---|---|---|---|
| Kotak Equity Opportunities Fund - Regular Plan | 814,736 | 3.2 | 488.42 | 814,736 | 2025-04-22 17:25:28 | 0% |
| Axis Midcap Fund | 461,771 | 1.26 | 276.82 | 461,771 | 2025-04-22 17:25:28 | 0% |
| Kotak ELSS Tax Saver Fund | 200,000 | 2.91 | 119.9 | 200,000 | 2025-04-22 17:25:28 | 0% |
| Axis Growth Opportunities Fund | 180,617 | 1.13 | 108.28 | 180,617 | 2025-04-22 17:25:28 | 0% |
| DSP Mid Cap Fund | 168,397 | 0.7 | 100.95 | 168,397 | 2025-04-22 17:25:28 | 0% |
| Axis Special Situations Fund | 91,942 | 4.61 | 55.12 | 91,942 | 2025-04-22 17:25:28 | 0% |
| Kotak ESG Opportunities Fund | 67,000 | 4.22 | 40.17 | 67,000 | 2025-04-22 17:25:28 | 0% |
| Canara Robeco Mid Cap Fund | 65,450 | 2.43 | 39.24 | 65,450 | 2025-04-22 17:25:28 | 0% |
| Aditya Birla Sun Life MNC Fund - Div | 23,789 | 0.43 | 14.26 | 23,789 | 2025-04-22 17:25:28 | 0% |
| Aditya Birla Sun Life MNC Fund - Gr | 23,789 | 0.43 | 14.26 | 23,789 | 2025-04-22 17:25:28 | 0% |
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: 98.4 (Industry average Stock P/E: 44.53)
- 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 07 November 2025) is 4486.61 which is 23.21% lower the current market price of 5,843.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 49,794 Cr. market cap, FY2025-2026 high/low of 7,999/5,202, reserves of ₹3,694 Cr, and liabilities of 5,110 Cr.
What is the Market Cap of Linde India Ltd?
The Market Cap of Linde India Ltd is 49,794 Cr..
What is the current Stock Price of Linde India Ltd as on 07 November 2025?
The current stock price of Linde India Ltd as on 07 November 2025 is 5,843.
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 7,999/5,202.
What is the Stock P/E of Linde India Ltd?
The Stock P/E of Linde India Ltd is 98.4.
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 0.08 %.
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.