Linde India Limited

BSE: LINDEINDIA523457ISIN INE473A01011

Commodities
Industrial Gases
BSE 200

BSE listing

Share price

₹6,243.15+149.05 (+2.45%)

as of 18 Sep 2026

52W high: ₹8,042.70
52W low: ₹5,652.75
Off 52W high: -22.37%
1M return: -6.83%
3M return: -16.51%
6M return: -11.02%
1Y return: -3.06%
20D avg volume: 2,239
50 DMA: ₹6,681.20
200 DMA: ₹6,703.82

Key ratios Consolidated

Market cap: ₹53,244 Cr
Current price: ₹6,243.15
52W high / low: ₹8,042.70 / ₹5,652.75
Face value: ₹10.00
P/E: 97.45
P/B: —
EPS (TTM): ₹64.06
Book value / share: —
ROE: —
ROCE: 15.10%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-110.45 Cr
Interest cover: 47.76
Dividend yield: 0.19%
Dividend / share (TTM): ₹12.00
Payout: 18.73%
Cash conversion cycle: 8.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	694.36	614.33	701.03	644.19	571.08	591.88	605.86	634.41	653.23	630.07	706.24	711.35
	5.83	5.93	4.44	3.53	4.34	12.96	19.32	16.45	19.11	18.32	21.87	18.55
	562.14	504.86	511.39	421.43	433.20	444.06	470.52	509.52	522.64	506.99	571.83	588.64
	95.21	68.45	85.00	68.54	35.96	50.21	54.24	47.27	88.00	108.52	123.70	146.62
	91.90	82.75	77.66	75.43	83.79	83.00	78.90	87.67	88.88	101.56	108.59	103.81
	14.56	13.51	17.68	14.58	11.11	13.86	10.34	16.95	12.72	14.88	11.33	12.72
	5.94	2.66	5.54	3.15	3.15	6.55	1.61	2.21	2.26	3.79	1.15	1.16
	62.41	60.77	61.68	56.41	56.00	55.50	55.20	51.73	51.40	51.65	50.62	49.75
	291.00	283.59	266.71	196.19	251.27	252.67	134.88	160.36	154.67	97.75	128.81	127.50
	138.05	115.40	194.08	226.29	142.22	160.77	154.66	141.35	149.69	141.39	156.29	141.26
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	138.05	115.40	194.08	226.29	142.22	160.77	154.66	141.35	149.69	141.39	156.29	141.26
	35.09	38.58	51.51	57.28	37.15	42.87	40.67	36.96	38.16	37.05	39.13	34.56
	104.59	77.45	193.32	171.00	107.19	118.41	116.32	106.42	113.69	105.41	120.07	108.73
	12.26	9.08	22.67	20.05	12.57	13.88	13.64	12.48	13.33	12.36	14.08	12.75
Key metrics
	206.40	178.83	261.30	285.85	201.37	222.82	211.47	195.29	203.35	196.83	208.06	192.17
	29.70%	29.10%	37.30%	44.40%	35.30%	37.60%	34.90%	30.80%	31.10%	31.20%	29.50%	27.00%
	15.10%	12.60%	27.60%	26.50%	18.80%	20.00%	19.20%	16.80%	17.40%	16.70%	17.00%	15.30%
	—	2.60%	—	5.40%	—	4.10%	—	—	—	—	—	—
	21.60%	3.80%	15.70%	1.50%	-12.60%	-6.10%	-14.20%	-10.80%	—	—	—	—
	-2.40%	-34.60%	66.20%	60.70%	-5.70%	12.30%	-3.10%	-2.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY22	FY21	FY20
Income statement
	2,654	2,531	2,485	2,769	2,112	1,471	1,762
	19.73	18.24	67.84	77.01	54.66	32.64	18.82
	2,000	1,871	1,947	2,275	1,750	1,279	1,608
	317.20	257.95	239.72	555.65	393.16	171.26	307.19
	327.74	319.62	338.45	419.00	291.20	178.60	107.88
	60.33	56.87	53.87	53.81	50.25	68.78	113.59
	17.29	14.50	12.63	7.27	3.05	6.24	86.25
	241.27	234.87	213.83	200.94	181.37	176.00	177.25
	1,037	997.76	1,100	573.28	258.93	173.41	206.09
	673.82	677.99	606.47	571.12	416.83	225.24	172.15
	0.00	0.00	0.00	0.00	275.45	1.71	840.75
	673.82	677.99	606.47	571.12	692.28	226.95	1,013
	182.46	184.51	158.66	144.79	190.68	77.56	285.73
	546.36	548.97	454.85	434.09	507.22	151.10	727.18
	64.06	64.37	53.33	50.90	59.47	17.72	85.27
Key metrics
	932.38	927.36	832.93	779.33	876.70	409.19	1,276
	35.13%	36.60%	33.50%	28.10%	41.50%	27.80%	72.40%
	20.59%	21.70%	18.30%	15.70%	24.00%	10.30%	41.30%
	—	15.10%	15.00%	—	—	—	—
	—	1.80%	-10.20%	31.10%	43.60%	-16.50%	—
	—	20.70%	4.80%	-14.40%	235.70%	-79.20%	—
	—	19.28	-746.92	—	—	—	—
	—	1.43	1.28	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	-110.45	-145.37	—	—	—	—
	—	8.1	-7.4	—	—	—	—
Balance sheet
	—	5,808	5,143	—	—	—	—
	—	1,052	977.39	—	—	—	—
	—	110.45	145.37	—	—	—	—
	—	507.99	384.86	—	—	—	—
	—	123.02	106.64	—	—	—	—
	—	285.73	324.98	—	—	—	—
	—	2,073	1,906	—	—	—	—
	—	574.59	541.70	—	—	—	—
	—	1,220	1,026	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	0.00	0.00	—	—	—	—
	—	4,267	3,820	—	—	—	—
Cash flow
	—	785.50	583.60	—	—	—	—
	—	-704.73	-1,265	—	—	—	—
	—	-115.69	-152.35	—	—	—	—
	—	766.22	1,331	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	694.36	614.33	701.03	644.19	571.08	591.88	605.86	634.41	653.23	630.07	706.24	711.35
	5.90	5.93	53.46	3.53	4.34	12.96	19.32	16.45	19.11	18.32	21.87	18.55
	562.14	504.86	511.39	421.43	433.20	444.06	470.52	509.52	522.64	506.99	571.83	588.64
	95.21	68.45	85.00	68.54	35.96	50.21	54.24	47.27	88.00	108.52	123.70	146.62
	91.90	82.75	77.66	75.43	83.79	83.00	78.90	87.67	88.88	101.56	108.59	103.81
	14.56	13.51	17.68	14.58	11.11	13.86	10.34	16.95	12.72	14.88	11.33	12.72
	5.94	2.66	5.54	3.15	3.15	6.55	1.61	2.21	2.26	3.79	1.15	1.16
	62.41	60.77	61.68	56.41	56.00	55.50	55.20	51.73	51.40	51.65	50.62	49.75
	291.00	283.59	266.71	196.19	251.27	252.67	134.88	160.36	154.67	97.75	128.81	127.50
	138.12	115.40	243.10	226.29	142.22	160.77	154.66	141.35	149.69	141.39	156.29	141.26
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	138.12	115.40	243.10	226.29	142.22	160.77	154.66	141.35	149.69	141.39	156.29	141.26
	35.09	30.20	51.51	57.28	37.15	42.87	40.67	36.96	38.16	37.05	39.13	34.56
	103.03	85.20	191.59	169.01	105.07	117.90	113.99	104.39	111.54	104.33	117.15	106.71
	12.08	9.99	22.46	19.82	12.32	13.82	13.37	12.24	13.08	12.23	13.74	12.51
Key metrics
	206.47	178.83	310.32	285.85	201.37	222.82	211.47	195.29	203.35	196.83	208.06	192.17
	29.70%	29.10%	44.30%	44.40%	35.30%	37.60%	34.90%	30.80%	31.10%	31.20%	29.50%	27.00%
	14.80%	13.90%	27.30%	26.20%	18.40%	19.90%	18.80%	16.50%	17.10%	16.60%	16.60%	15.00%
	—	2.60%	—	5.40%	—	4.10%	—	—	—	—	—	—
	21.60%	3.80%	15.70%	1.50%	-12.60%	-6.10%	-14.20%	-10.80%	—	—	—	—
	-1.90%	-27.70%	68.10%	61.90%	-5.80%	13.00%	-2.70%	-2.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY22	FY21	FY20	FY19	FY18	FY17
Income statement
	2,654	2,531	2,485	2,769	2,112	1,471	1,762	2,192	2,115	1,837
	68.82	67.26	67.84	77.01	54.66	32.64	18.82	22.63	16.75	21.95
	2,000	1,871	1,947	2,275	1,750	1,279	1,608	2,167	2,110	1,739
	317.20	257.95	239.72	555.65	393.16	171.26	307.19	276.43	191.12	183.79
	327.74	319.62	338.45	419.00	291.20	178.60	107.88	112.50	77.38	69.42
	60.33	56.87	53.87	53.81	50.25	68.78	113.59	127.29	116.45	101.98
	17.29	14.50	12.63	7.27	3.05	6.24	86.25	102.70	116.47	—
	241.27	234.87	213.83	200.94	181.37	176.00	177.25	199.14	206.25	198.87
	1,037	997.76	1,100	573.28	258.93	173.41	206.09	229.85	176.25	200.92
	722.91	727.01	606.47	571.12	416.83	225.24	172.15	47.17	21.66	5.11
	0.00	0.00	0.00	—	294.43	11.15	840.75	—	-5.50	—
	722.91	727.01	606.47	571.12	711.26	236.39	1,013	47.17	16.16	5.11
	174.08	176.14	158.66	144.79	197.31	80.86	285.73	13.68	2.78	4.23
	548.83	550.87	447.81	426.34	513.94	155.53	727.18	33.49	18.94	9.34
	64.35	64.59	52.51	49.99	60.26	18.24	85.27	3.93	2.22	—
Key metrics
	981.47	976.38	832.93	779.33	895.68	418.63	1,276	349.01	338.88	203.98
	36.98%	38.60%	33.50%	28.10%	42.40%	28.50%	72.40%	15.90%	16.00%	11.10%
	20.68%	21.80%	18.00%	15.40%	24.30%	10.60%	41.30%	1.50%	0.90%	0.50%
	—	16.30%	15.20%	—	—	—	—	—	—	—
	—	1.80%	-10.20%	31.10%	43.60%	-16.50%	-19.60%	3.60%	15.10%	—
	—	23.00%	5.00%	-17.00%	230.40%	-78.60%	2,071.30%	76.80%	102.80%	—
	—	19.28	-746.92	—	—	—	—	—	—	—
	—	1.43	1.30	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	-110.45	-145.37	—	—	—	—	—	—	—
	—	8.1	-7.4	—	—	—	—	—	—	—
Balance sheet
	—	5,769	5,110	—	—	—	—	—	—	—
	—	1,052	977.39	—	—	—	—	—	—	—
	—	110.45	145.37	—	—	—	—	—	—	—
	—	507.99	384.86	—	—	—	—	—	—	—
	—	123.02	106.64	—	—	—	—	—	—	—
	—	285.73	324.98	—	—	—	—	—	—	—
	—	2,073	1,906	—	—	—	—	—	—	—
	—	574.59	541.70	—	—	—	—	—	—	—
	—	1,220	1,026	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	4,228	3,779	—	—	—	—	—	—	—
Cash flow
	—	785.50	583.60	—	—	—	—	—	—	—
	—	-704.73	-1,265	—	—	—	—	—	—	—
	—	-115.69	-152.35	—	—	—	—	—	—	—
	—	766.22	1,331	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: +11.46%
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: +28.78%
Profit CAGR 10Y: —
Sales YoY (TTM): +10.43%
Profit YoY (TTM): +24.35%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: +11.46%
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: +29.44%
Profit CAGR 10Y: —
Sales YoY (TTM): +10.43%
Profit YoY (TTM): +21.86%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 75.00%

Holder	Type	Holding	Previous	Change
The BOC Group Ltd., U.K.	Promoter	75.00%	—	—
Kotak Mutual Fund through its various Funds	Public	2.83%	—	—
Manish Jain	Public	1.96%	—	—
Nippon Life India Trustee Ltd. through its various Funds	Public	1.40%	—	—
Vanaja Sundar Iyer	Public	1.01%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Please find enclosed our letter no. Sect/77 dated 17 September 2026 enclosing therewith copies of newspaper publication published on Wednesday, 16 September 2026 with respect to "special ....17 Sep 2026 · Company Update / Newspaper Publication
Please find enclosed our letter no. sect/76 dated 15 September 2026 with regard to updated contact details of KMP for determination and disclosure of material events/information. You ....15 Sep 2026 · Company Update / General
Please find enclosed our letter no. Sect/73 dated 10 September 2026 submitting the minutes of the 90th Annual General Meeting of the Company held through Video Conference/Other Audio Visual ....10 Sep 2026 · Company Update / General
Please find enclosed our letter no. Sect/72 dated 13 August 2026 enclosing therewith copies of newspaper publication regarding extract of consolidated financial results of the Company for ....13 Aug 2026 · Company Update / Newspaper Publication
Please find enclosed our letter no. Sect/71 dated 13 August 2026 in connection with Scrutinizer''s Report and Voting Results of the Ninetieth Annual General Meeting of the Company held ....13 Aug 2026 · AGM/EGM / AGM
Please find enclosed our letter no. Sect/70 dated 13 August 2026 in connection with proceedings/outcome of Ninetieth Annual General Meeting of the Company held through Video Conference ....13 Aug 2026 · AGM/EGM / AGM
Please find enclosed our letter no. Sect/69 dated 11 August 2026 containing updates on outcome of Board Meeting held on 11 August 2026. You are requested to please take the above on record.11 Aug 2026 · Company Update / Change in Management
Please find enclosed our letter no. Sect/69 dated 11 August 2026 dated containing updates on outcome of Board Meeting held on 11 August 2026. This may please be treated as compliance under ....11 Aug 2026 · Result / Financial Results
Please find enclosed our letter no. Sect/69 dated 11 August 2026 containing updates on outcome of Board Meeting of the Company held on 11 August 2026. This may please be treated as compliance ....11 Aug 2026 · Board Meeting / Outcome of Board Meeting
Linde India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve We wish to inform that the Audit ....10 Aug 2026 · Company Update / Board Meeting Rescheduled
Linde India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated ....3 Aug 2026 · Board Meeting / Board Meeting
Please find enclosed our letter no. Sect/65 dated 21 July 2026 enclosing therewith public notice published by the Company in connection with Notice of its 90th Annual General Meeting, E-voting ....21 Jul 2026 · Company Update / Newspaper Publication
Please find enclosed our letter no. Sect/64 dated 21 July 2026 enclosing therewith communication sent to Members of the Company under Regulation 36(1)(b) of the SEBI (Listing Obligations ....21 Jul 2026 · Company Update / General
Please find enclosed our letter no. Sect/63 dated 20 July 2026 enclosing herewith a .pdf copy of BRSR of our Company for the financial year ended 31 March 2026. Request you to please ....20 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find enclosed our letter no. Sect/62 dated 20 July 2026 enclosing herewith a .pdf copy of the Notice of the 90th Annual General Meeting and copy of Annual Report 2025-26 of our Company ....20 Jul 2026 · AGM/EGM / AGM
Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a pdf copy of the Notice of the 90th AGM and Annual Report ....20 Jul 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed our letter no. Sect/60 dated 14 July 2026 in connection with an update on investment by the Company in Zenataris Renewable Energy Private Limited. You are requested ....14 Jul 2026 · Company Update / Acquisition
Please find enclosed our letter no. Sect/57 dated 9 July 2026 together with the public notice published by the Company sharing details in connection with the Company''s 90th Annual General ....9 Jul 2026 · Company Update / Newspaper Publication
Please find enclosed our letter no. Sect/53 dated 6 July 2026 with respect to Certificate under regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. You are ....6 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed our letter no. Sect/52 dated 30 June 2026 in connection with clarification on volume movement. You are requested to please take the above on record.30 Jun 2026 · Company Update / General
The Exchange has sought clarification from Linde India Ltd on June 30, 2026, with reference to Movement in Volume. The reply is awaited.30 Jun 2026 · Company Update / Clarification
Please find enclosed our letter no. Sect/49 dated 26 June 2026 in connection with closure of trading window as per SEBI (Prohibition of Insider Trading) Regulations, 2015. You are requested ....26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed our letter no. Sect/48 dated 12 June 2026 enclosing therewith communication sent to the Members of the Company regarding intimation on tax deduction on dividend. You ....12 Jun 2026 · Company Update / General
Please find enclosed our letter no. Sect/46 dated 2 June 2026 for your records and reference.2 Jun 2026 · Corp. Action / Record Date
Please find enclosed our letter no. Sect/45 dated 1 June 2026 containing copies of newspaper publication with respect to extract of consolidated financial results of the Company for the ....1 Jun 2026 · Company Update / Newspaper Publication
Please find enclosed our letter no. Sect/44 dated 30 May 2026 with regard to announcement of date of Annual General Meeting and record date for the purpose of payment of Dividend. You ....30 May 2026 · Corp. Action / Record Date
The 90th Annual General Meeting of the Members of the Company is scheduled to be held on Thursday, 13 August 2026. The Register of Members and Share Transfer Books of the Company will be ....30 May 2026 · Corp. Action / Book Closure
The Board of Directors of the Company has recommended a total dividend of 120% (i.e., Rs 12/- per equity share) inclusive of a special dividend of 80% (i.e., Rs 8/- per equity share) on ....30 May 2026 · Corp Action / Dividend/AGM
Please find enclosed our letter no. Sect/44 dated 30 May 2026 enclosing therewith the Audited Standalone and Consolidated Financial Results for the financial year ended 31 March 2026. You ....30 May 2026 · Result / Financial Results
Pursuant to the provisions of Regulation 30 read with Part A Para A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you ....30 May 2026 · Board Meeting / Outcome of Board Meeting
Please find enclosed our letter no. Sect/43 dated 30 May 2026 submitting the Annual Secretarial Compliance Report for the financial year ended 31 March 2026. You are requested to please ....30 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Please find enclosed our letter no. Sect/42 dated 27 May 2026 in connection with commencement of commercial production at the Company''s new Air Separation Unit at Jindal Stainless Ltd. ....27 May 2026 · Company Update / General
Please find enclosed our letter no. Sect/40 dated 22 May 2026 in connection with update on investment by the Company in Zenataris Renewable Energy Private Limited. You are requested ....22 May 2026 · Company Update / Acquisition
Linde India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2026 ,inter alia, to consider and approve the Audited Standalone and Consolidated ....15 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....28 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Please find enclosed our letter no. Sect/32 dated 15th April 2026 with respect to certificate under regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. You ....15 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed our letter no. Sect/30 dated 3rd April 2026 submitting the minutes of Extra-ordinary General Meeting of the Company held through Video Conference/Other Audio Visual ....3 Apr 2026 · Company Update / General
Please find enclosed our letter no. Sect/27 dated 27th March 2026 enclosing therewith copies of newspaper publications regarding public notice for transfer of shares to the IEPF Authority. You ....27 Mar 2026 · Company Update / Newspaper Publication
Please find enclosed our letter no. Sect/26 dated 27th March 2026 in connection with intimation sent to the shareholders of the Company regarding transfer of shares to the Demat Account ....27 Mar 2026 · Company Update / General
Please find enclosed our letter no. Sect/25 dated 27th March 2026 with regard to intimation for closure of Trading Window. You are requested to please take the above on record.27 Mar 2026 · Insider Trading / SAST / Closure of Trading Window

Corporate actions

Purpose	Ex date	Record date	Payment date
Special Dividend - Rs. - 8.0000	6 Aug 2026	6 Aug 2026	—
Final Dividend - Rs. - 4.0000	6 Aug 2026	6 Aug 2026	—
Special Dividend - Rs. - 7.5000	7 Aug 2025	7 Aug 2025	—
Final Dividend - Rs. - 4.5000	7 Aug 2025	7 Aug 2025	—
Special Dividend - Rs. - 8.0000	5 Aug 2024	—	—
Final Dividend - Rs. - 4.0000	5 Aug 2024	—	—

Board meetings

11 Aug 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results