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
₹6,184.50
+3.14% 1W | -3.00% 52W
Market Cap
52.7k CR
P/E Ratio
96.5
52W High
₹8049
52W Low
₹5673
Div. Yield
0.07%
Beta
-0
50 DMA
₹6390.3
200 DMA
₹6774.3
Profit Margin
20.6%
Inst. Own.
7.8%
🚀 BREAKOUT
🚀 BREAKOUT
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
Promoters75.00%
FIIs2.35%
DIIs6.75%
Public15.90%
Promoters75.00%
FIIs2.03%
DIIs6.95%
Public16.02%
Promoters75.00%
FIIs2.05%
DIIs6.88%
Public16.08%
Promoters75.00%
FIIs2.03%
DIIs6.79%
Public16.17%
Promoters75.00%
FIIs2.12%
DIIs6.74%
Public16.14%
Promoters75.00%
FIIs2.77%
DIIs8.01%
Public14.23%
Promoters75.00%
FIIs2.31%
DIIs7.45%
Public15.23%
Promoters75.00%
FIIs2.63%
DIIs6.49%
Public15.90%
Promoters75.00%
FIIs2.05%
DIIs6.88%
Public16.08%
Promoters75.00%
FIIs2.12%
DIIs6.74%
Public16.14%
LINDEINDIA
Holdings Analysis
Key strengths & risk signals
66
Overall
62
Fundamental
71
Technical
Risks (4)
OVERVALUED! PEG of 12.37 means expensive relative to growth rate.
WEAK POSITION! Current price (6184.5) is below both moving averages.
WEAK YEAR! Stock declined 3.0% in the last year.
LOWER HALF! Trading at 21.5% of 52W range - weakness visible.
Strengths (4)
EXCELLENT EFFICIENCY! 20.6% profit margin - company keeps strong profits.
BREAKOUT! Stock has broken above resistance levels with momentum.
BULLISH SENTIMENT! In last 30 days: 14 up days, 15 down days. Avg volume on up days: 27,109 vs down days: 17,208. Ratio: 1.58x
NEUTRAL! RSI at 49.5 - balanced momentum.
Fundamental & Technical Analysis
66Overall
62Fundamental
71Technical
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 12.37 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
5/10
BEARISH TREND! 50-day average (6390.3) is below 200-day average (6774.3) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (6184.5) is below both moving averages.
Trend Pattern
20/20
BREAKOUT! Stock has broken above resistance levels with momentum.
52W Performance
3/10
WEAK YEAR! Stock declined 3.0% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 15 down days. Avg volume on up days: 27,109 vs down days: 17,208. Ratio: 1.58x
RSI
3/5
NEUTRAL! RSI at 49.5 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 21.5% of 52W range - weakness visible.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 3.1% (1 week), 1.6% (1 month), -13.1% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
Peer Comparison
Basic Materials · Specialty Chemicals · 8 stocks
| 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 | ₹6,184.50 | 96.5 | 20.6% | 0.3% | 7.8% | -3.0% | 66 | BREAKOUT | -2.4% | +35.1% | +21.6% | +13.0% |
| BERGEPAINT | ₹473.90 | 45.4 | 9.9% | 4.2% | 9.5% | -13.7% | 63 | BREAKOUT | +28.5% | +20.8% | +12.0% | +25.0% |
| FLUOROCHEM | ₹4,402.90 | 79.1 | 11.6% | -4.5% | -24.3% | +24.6% | 54 | CONSOLIDATING DOWN | +19.0% | +95.5% | +24.0% | +16.0% |
| HSCL | ₹660.70 | 41.5 | 16.1% | 3.7% | 51.5% | +45.3% | 69 | BOUNCE FROM SUPPORT | +26.3% | +14.3% | +28.0% | +11.2% |
| ACUTAAS | ₹3,206.00 | 68.2 | 26.4% | 29.4% | 62.3% | +91.9% | 73 | BREAKDOWN | +67.7% | -43.6% | +59.1% | -21.9% |
| AETHER | ₹1,538.60 | 86.6 | 19.1% | 20.2% | 18.9% | +125.7% | 74 | BREAKDOWN | +33.4% | +16.1% | +27.3% | +7.0% |
| PIDILITIND | ₹1,502.80 | 57.8 | 17.2% | 7.4% | 24.4% | -2.8% | 67 | APPROACHING RESISTANCE | +29.7% | +50.6% | +21.3% | +27.0% |
| SOLARINDS | ₹20,011.00 | 90.9 | 17.5% | 12.4% | 30.4% | +41.3% | 74 | BREAKOUT | +92.7% | +19.2% | +70.3% | +20.2% |
Data from TradeAlone · Updated daily
