LINDEINDIA

Linde India Limited (LINDEINDIA) Stock Analysis

Linde India Limited is an Indian industrial gases company supplying oxygen, nitrogen, argon, and specialty gases to steel, healthcare, chemicals, and manufacturing customers. It operates air separation units and pipeline/cylinder delivery networks. The company is part of the global Linde group. It is listed on Indian stock exchanges.

Basic Materials › Specialty Chemicals

₹6,094.50

-2.14% 1W | -5.70% 52W

Market Cap

52.0k CR

P/E Ratio

95.5

52W High

₹8049

52W Low

₹5673

Div. Yield

0.07%

Beta

-0.1

50 DMA

₹6716.3

200 DMA

₹6752.9

Profit Margin

20.6%

Inst. Own.

7.8%

✅ BOUNCE FROM SUPPORT

Fundamentals

Profit & Loss

Metric	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	721	711	706	630	653	634	606	592	571	644	701	614	694
Expenses	557	538	520	452	469	456	414	382	374	362	444	441	494
Operating Profit	164	174	186	179	184	179	192	210	197	282	257	173	201
OPM %	23%	24%	26%	28%	28%	28%	32%	35%	34%	44%	37%	28%	29%
Other Income	20	21	25	19	21	18	22	13	6	6	55	7	7
Interest	1	1	1	4	2	2	2	7	3	3	6	3	6
Depreciation	49	50	51	52	51	52	55	56	56	56	62	61	62
Profit before tax	134	143	159	142	152	143	157	161	144	228	245	116	140
Tax %	25%	24%	25%	26%	25%	26%	26%	27%	26%	25%	21%	33%	25%
Net Profit	100	109	120	105	114	106	116	118	107	171	193	77	105
EPS in Rs	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

Metric	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Mar 202315m	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,825	2,033	2,192	1,762	1,471	2,112	3,136	2,769	2,485	2,531	2,654
Expenses	1,539	1,705	1,866	1,347	1,096	1,564	2,371	2,066	1,720	1,622	1,741
Operating Profit	287	328	326	415	375	548	765	702	765	909	913
OPM %	16%	16%	15%	24%	25%	26%	24%	25%	31%	36%	34%
Other Income	40	8	15	862	36	335	113	85	75	74	75
Interest	116	116	103	86	6	3	6	7	13	14	17
Depreciation	195	206	199	177	176	181	253	201	214	235	241
Profit before tax	16	13	39	1,013	229	698	618	579	614	733	729
Tax %	-20%	-21%	35%	28%	34%	27%	13%	25%	26%	25%
Net Profit	19	16	26	727	151	507	538	434	455	549	546
EPS in Rs	2.23	1.90	3.01	85.27	17.72	59.47	63.09	50.90	53.33	64.37	64.06
Dividend Payout %	34%	53%	50%	12%	17%	23%	19%	24%	22%	19%

Growth — CAGR

Metric	3Y	5Y	10Y
Revenue CAGR	-7.0%	11.0%	–
Profit CAGR	1.0%	30.0%	–

Shareholding Pattern

Period

Promoters75.00%

FIIs2.03%

DIIs6.79%

Public16.17%

LINDEINDIA

Holdings Analysis

Key strengths & risk signals

Overall

Fundamental

Technical

Risks (4)

OVERVALUED! PEG of 12.24 means expensive relative to growth rate.

WEAK POSITION! Current price (6094.5) is below both moving averages.

WEAK! Trading at 17.7% of 52W range - near yearly lows.

NEGATIVE MOMENTUM! Price declined across timeframes - down 2.1% (1 week), 9.5% (1 month), 18.3% (3 months).

Strengths (4)

EXCELLENT EFFICIENCY! 20.6% profit margin - company keeps strong profits.

BULLISH SENTIMENT! In last 30 days: 12 up days, 17 down days. Avg volume on up days: 35,585 vs down days: 21,964. Ratio: 1.62x

OVERSOLD! RSI at 26.1 - potential bounce opportunity.

LOW VOLATILITY! Beta of -0.10 - stable stock, less market risk.

Fundamental & Technical Analysis

64Overall

62Fundamental

66Technical

Fundamental Breakdown

Growth Quality

13/30

Revenue CAGR: 0.3% (SLOW, 5/15). Profit CAGR: 7.8% (MODERATE, 8/15).

Profit Margin

8/10

EXCELLENT EFFICIENCY! 20.6% profit margin - company keeps strong profits.

PEG Valuation

0/10

OVERVALUED! PEG of 12.24 means expensive relative to growth rate.

Dividend Yield

3/10

NEGLIGIBLE DIVIDEND! 0.07% yield - little to no income.

Debt to Equity

10/10

VERY LOW DEBT! D/E of 0.01 - excellent financial health.

Public Holding

20/20

VERY LESS PUBLIC HOLDING! 14.38% public ownership - strong promoter/institutional control.

Stability Index

8/10

GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.

Technical Breakdown

Moving Averages

3/10

BEARISH TREND! 50-day average (6716.3) is below 200-day average (6752.9) - negative signal.

Price Position

2/10

WEAK POSITION! Current price (6094.5) is below both moving averages.

Trend Pattern

16/20

TESTING SUPPORT! Stock is at key support level.

52W Performance

3/10

WEAK YEAR! Stock declined 5.7% in the last year.

Volume Sentiment

30/30

BULLISH SENTIMENT! In last 30 days: 12 up days, 17 down days. Avg volume on up days: 35,585 vs down days: 21,964. Ratio: 1.62x

RSI

5/5

OVERSOLD! RSI at 26.1 - potential bounce opportunity.

52W Range

1/5

WEAK! Trading at 17.7% of 52W range - near yearly lows.

Momentum

1/5

NEGATIVE MOMENTUM! Price declined across timeframes - down 2.1% (1 week), 9.5% (1 month), 18.3% (3 months).

Beta

5/5

LOW VOLATILITY! Beta of -0.10 - stable stock, less market risk.

Peer Comparison

Basic Materials · Specialty Chemicals · 8 stocks

Industry peers

Stock	Price	P/E	Profit Margin	Revenue CAGR 5Y	Profit CAGR 5Y	52W Change	Stock Strength	Trendline	YoY Profit	QoQ Profit	YoY Revenue	QoQ Revenue
LINDEINDIA	₹6,094.50	95.5	20.6%	0.3%	7.8%	-5.7%	64	BOUNCE FROM SUPPORT	-2.4%	+35.1%	+21.6%	+13.0%
BERGEPAINT	₹448.60	43	9.9%	4.2%	9.5%	-16.3%	63	BREAKDOWN	+28.5%	+20.8%	+12.0%	+25.0%
FLUOROCHEM	₹4,471.80	80.2	11.6%	-4.5%	-24.3%	+23.9%	59	BREAKDOWN	+19.0%	+95.5%	+24.0%	+16.0%
HSCL	₹653.40	41	16.1%	3.7%	51.5%	+35.6%	63	CONSOLIDATING DOWN	+26.3%	+14.3%	+28.0%	+11.2%
ACUTAAS	₹3,315.10	70.3	26.4%	29.4%	62.3%	+122.0%	80	BREAKOUT	+67.7%	-43.6%	+59.1%	-21.9%
AETHER	₹1,623.30	91.6	19.1%	20.2%	18.9%	+116.3%	80	BREAKDOWN	+33.4%	+16.1%	+27.3%	+7.0%
PIDILITIND	₹1,551.50	59.8	17.2%	7.4%	24.4%	+1.1%	73	BREAKDOWN	+29.7%	+50.6%	+21.3%	+27.0%
SOLARINDS	₹18,815.00	87.3	17.5%	12.4%	30.4%	+29.3%	67	APPROACHING SUPPORT	+92.7%	+19.2%	+70.3%	+20.2%

Data from TradeAlone · Updated daily

LINDEINDIA News

Linde India Limited (NSE: LINDEINDIA) climbs up 5% intraday2026-06-29