LINDEINDIA · NSE

Linde India Limited

₹6,241.5

+2.41% (+₹147)

Prev. close

₹6,094.5

Volume

20,753

Delivery %

56.2%

As of

18 Sept 2026

Price history

Bullish

ETMarkets Analysis · ETMarkets.com · 30 Jun 2026

ETMarkets analysis, based on StockEdge.com data, indicates a bullish outlook for Linde India in the near term. The stock's Relative Strength Index (RSI) crossed above 50 from below on June 29, 2026, and is trending up (currently at 55.16), suggesting strengthening momentum and potential upward movement, which is often used by traders to identify buying opportunities.

NOT GRADEDCall pageClear
₹6,241.5-₹1,075.5 (-14.70%) · CALL
30 Jun 202618 Sept 2026
₹6,080Entry ₹7,31730 Jun17 Jul11 Aug31 Aug18 SeptCall published 08:18
ETMarkets Analysis's call · 30 Jun 2026

Analyst sentiment

Analysts lean bullish

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 1 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (1)Neutral 0% (0)Bearish 0% (0)
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Analyst opinions

CallAnalystInstrumentVerdictActions
ETMarkets analysis, based on StockEdge.com data, indicates a bullish outlook for Linde India in the near term. The stock…ETMarkets AnalysisETMarkets.comLinde IndiaNOT GRADED
ETMarkets analysis, based on StockEdge.com data, indicates a bullish outlook for Linde India in the near term. The stock's Relative Strength Index (RSI) crossed above 50 from below on June 29, 2026, and is trending up (currently at 55.16), suggesting strengthening momentum and potential upward movement, which is often used by traders to identify buying opportunities.

This call couldn't be objectively graded against market data.

Fundamentals

About Linde India Limited

Linde India Limited manufactures and sells industrial and medical gases in India and internationally. It operates through Gases, Related Products and Services; and Project Engineering Division segments. It supplies oxygen, nitrogen, and argon gases through onsite pipeline systems, bulk liquid distribution networks, and packaged gas solutions. The company also engages in manufacture of industrial and medical gases and construction of cryogenic and non-cryogenic air separation plants. It serves various industries, such as steel, automotive, pharma, metal fabrication, chemicals, food and beverage, solar panels, science and research, natural gas and oil refining, petrochemicals, fertilizers, electronics, and metal processing, as well as hospitals and healthcare establishments. The company was formerly known as BOC India Limited and changed its name to Linde India Limited in February 2013. Linde India Limited was incorporated in 1935 and is based in Kolkata, India. Linde India Limited is a subsidiary of The BOC Group Limited.

Details

Sector

Basic Materials

Industry

Specialty Chemicals

CEO

Mr. Milan Sadhukhan

Headquarters

Kolkata

Employees

252

Website

linde.in

Key stats

Market cap

₹53,230.15 Cr

P/E ratio (TTM)

97.5

Dividend yield

0.07%

EPS (TTM)

₹63.99

Beta (1Y · daily vs NIFTY 50)

0.79

Beta (5Y · monthly vs NIFTY 50)

0.29

Shares float

1.84 Cr

EPS · quarter ended Jun 2026

₹12.26

Upcoming earnings

05 Nov 2026

Financial Performance

01 · Financials

0 Cr1000 Cr2000 Cr3000 Cr-20%-10%0%10%20%Dec 2021Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
RevenueRevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide. Net income and EBITDA are omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures. Fiscal year-end moved from December to March between Dec 2022 and Mar 2023; the company's transition period bridged the two calendars, so no intermediate 12-month year exists — the "missing" column is a period that never was, not a data gap.

02 · Earnings Per Share (EPS)

0255075Dec 2021Dec 2022Mar 2024Mar 2025Mar 2026

03 · Dividend Profile

051015-500%0%500%1000%10 Sept 2016 Jun 2101 Jun 2210 Aug 2305 Aug 2407 Aug 2506 Aug 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-20%0%20%40%Dec 2022Mar 2024Mar 2025Mar 2026
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 Cr0.25×0.5×0.75×Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 CrDec 2021Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-1000 Cr0 Cr1000 Cr2000 CrDec 2021Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemDec 2021Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
₹2,111.96 Cr₹2,505.29 Cr₹2,768.67 Cr₹2,485.38 Cr₹2,530.64 Cr
EBITDA₹876.70 Cr₹668.85 Cr₹787.09 Cr₹839.96 Cr₹982.84 Cr
₹438.81 Cr₹434.09 Cr₹454.85 Cr₹548.97 Cr
Diluted EPS₹59.47₹51.45₹50.9₹53.33₹64.37

This company moved its fiscal year-end; the transition period bridged the two calendars, so no intermediate 12-month year exists between the adjacent columns.

Revenue, Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, EBITDA, Net income, Pretax income, Tax provision, Interest expense, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemDec 2021Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
₹4,394.25 Cr₹4,400.00 Cr₹4,805.00 Cr₹5,143.00 Cr₹5,808.00 Cr
₹22.67 Cr₹20.69 Cr₹42.37 Cr₹78.92 Cr
Stockholders' equity₹3,039.94 Cr₹3,140.00 Cr₹3,468.00 Cr₹3,820.00 Cr₹4,266.00 Cr

This company moved its fiscal year-end; the transition period bridged the two calendars, so no intermediate 12-month year exists between the adjacent columns.

Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemDec 2021Dec 2022Mar 2023Mar 2024Mar 2025Mar 2026
₹588.88 Cr₹568.51 Cr₹629.00 Cr₹437.00 Cr₹584.00 Cr₹786.00 Cr
Investing cash flow₹98.43 Cr₹-193.16 Cr₹-539.43 Cr₹-1,304.86 Cr₹-704.73 Cr
₹-28.16 Cr₹-118.34 Cr₹-108.76 Cr₹-112.18 Cr₹-115.69 Cr
Capital expenditure₹-127.78 Cr₹-242.14 Cr₹-363.00 Cr₹-572.00 Cr₹-1,331.00 Cr₹-766.00 Cr
End cash position₹983.29 Cr₹1,240.30 Cr₹978.82 Cr₹145.37 Cr₹110.45 Cr

This company moved its fiscal year-end; the transition period bridged the two calendars, so no intermediate 12-month year exists between the adjacent columns.

Depreciation & amortization, Investing cash flow, Financing cash flow, Debt repaid, End cash position have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Jun 26(20Q)
Promoter75.00%
Public25.00%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Basic Materials

Company
UltraTech Cement Limited₹3.17 L Cr₹11,01436.94.1310.7%0.31+16.6%-12.8%
JSW Steel Limited₹3.06 L Cr₹1,275.612.43.0622.3%1.19+9.3%+13.8%
Hindustan Zinc Limited₹2.42 L Cr₹59614.210.6961.1%0.39+18.6%+31.0%
Asian Paints Limited₹2.35 L Cr₹2,451.349.311.0120.2%0.18+5.1%-1.1%
Tata Steel Limited₹2.28 L Cr₹187.2920.72.2310.6%0.90+6.2%+9.3%
Hindalco Industries Limited₹2.18 L Cr₹986.513.31.599.8%0.73+15.0%+31.5%
Grasim Industries Limited₹2.15 L Cr₹3,209.237.92.084.8%2.20+18.2%+11.5%
Solar Industries India Limited₹1.71 L Cr₹18,81586.127.2526.7%0.29+30.6%+27.0%
Vedanta Aluminium Metal Limited₹1.60 L Cr₹416.542.1
Pidilite Industries Limited₹1.58 L Cr₹1,572.159.814.5822.6%0.04+11.1%-48.5%
JINDAL STEEL LIMITED₹1.11 L Cr₹1,10341.12.196.6%0.44+5.5%+4.7%
Linde India Limited₹51,976.47 Cr₹6,241.595.312.1812.9%0.02+1.8%-3.2%

Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 28

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

30 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

LINDEINDIA

Linde India AGM: FY26 Performance & Strategy

Linde India reported a 2% revenue growth and 17% EBITDA growth for the fiscal year ending March 31, 2026. The company's 90th Annual General Meeting outlined strategic priorities, including strengthening its Gases business and expanding into high-growth sectors. Members approved a 120% dividend and re-appointed a director.

LINDEINDIA

Energy sector stocks today, August 26: Asian Energy Services jumps 6%, Confidence Petroleum gains 4.90%, Linde India up 2.32%

Business Upturn · 24 days ago