Linde India share price
NSE: LINDEINDIABSE: 523457Chemicals & PetrochemicalsMid Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹5,900.50.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹48,812 Cr178th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 11 Aug 2026
- 89.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 11.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.21%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 11 Aug 2026
- 13.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 11 Aug 2026
- 15.7%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 28,47053.4% delivered
Results
Standalone, as consolidated accounts are on record for only 7 of the last ten years; ₹ crore, the charts by years to December, then March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 11 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹694 Crup 13.03%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹103 Crup 20.94%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 14.8%
Revenue by year
Net profit by year, a loss in red
The company moved its year end from December to March: its last year to December on record ended in Dec 2022, its first year to March in Mar 2024.
| ₹ crore | Sep 2024Filed 7 Nov | Dec 2024Filed 7 Feb | Mar 2025Filed 10 Jun | Jun 2025Filed 7 Aug | Sep 2025Filed 6 Nov | Dec 2025Filed 9 Feb | Mar 2026Filed 30 May | Jun 2026Filed 11 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 634 | 606 | 592 | 571 | 644 | 701 | 614 | 694 |
| Net profit | 104 | 114 | 118 | 105 | 169 | 192 | 85 | 103 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 16.5% | 18.8% | 19.9% | 18.4% | 26.2% | 27.3% | 13.9% | 14.8% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Gases, related products & servicesGases, related products & services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,128 Crup 4.29%68.5%
- Project engineeringProject engineering, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹981 Crdown 11.27%31.5%
Valuation
Today, against the company's own history.PE ratio and valuation history
At or below today's level on 21% of 1,998 trading days over the last 10 years.
At or below today's level on 59% of 2,016 trading days since Jul 2018.
At or below today's level on 62% of 1,816 trading days since Jul 2018.
At or below today's level on 59% of 2,411 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +9.5% | +23.0% | −11.1% | 0.2% |
| 3 years | +19.5% | – | – | 0.2% |
| 5 years | +30.9% | – | – | 0.2% |
Mutual funds holding it
125 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 74 of the 88 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- AddedAdded. Funds that held more shares than at the end of the month before.
- 46
- CutCut. Funds that held fewer shares than at the end of the month before.
- 42
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 36
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 3
| Fund | |||
|---|---|---|---|
 Nippon India Multi Cap FundNippon India Mutual Fund | 15,24,539 | 1.79% | ₹964.0 Cr |
 Kotak Large & Mid Cap FundKotak Mahindra Mutual Fund | 9,50,000 | 1.96% | ₹600.7 Cr |
 quant Mid Cap Fundquant Mutual Fund | 4,29,640 | 3.55% | ₹271.7 Cr |
| Nippon India Small Cap FundNippon India Mutual Fund | 4,00,000 | 0.31% | ₹252.9 Cr |
| Nippon India ELSS Tax Saver FundNippon India Mutual Fund | 2,32,421 | 1.04% | ₹147.0 Cr |
| Nippon India Large Cap FundNippon India Mutual Fund | 2,16,434 | 0.27% | ₹136.9 Cr |
| Kotak ELSS Tax Saver FundKotak Mahindra Mutual Fund | 2,00,000 | 2.08% | ₹126.5 Cr |
 Canara Robeco Large and Mid Cap FundCanara Robeco Mutual Fund | 1,52,536 | 0.39% | ₹96.4 Cr |
 Tata Mid Cap FundTata Mutual Fund | 1,13,422 | 1.22% | ₹71.7 Cr |
| Canara Robeco Mid Cap FundCanara Robeco Mutual Fund | 83,816 | 1.06% | ₹53.0 Cr |
Peers and competitors
Industrial Gases, 8 listed companies, priced on 23 Oct 2026. The table lists the 7 companies closest to Linde India in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Ellenbarrie Industrial GasesELLEN | 4,272 | 35.4 | 4.4 | 35.6 | – | – | 12.3% | 8.7% | 0.00% |
 Steamhouse IndiaSTEAMHOUSE | 3,645 | – | – | – | – | – | – | – | 0.00% |
 Stallion India FluorochemicalsSTALLION | 2,128 | 40.9 | 3.1 | 25.7 | – | – | 10.6% | 9.2% | 0.00% |
 Hilltone Software and GasesHILLTONE | 51 | – | 2.2 | – | – | – | – | −5.7% | 0.00% |
 National OxygenNOL | 29 | 16.9 | – | – | −51.0% | – | – | −25.6% | 0.00% |
 Bhagawati GasBHAGGAS | 15 | 15.4 | 1.0 | – | −62.6% | +264.4% | 6.6% | −8.5% | 0.00% |
 Gagan GasesGAGAN | 8 | 30.3 | 2.3 | 24.6 | −12.3% | +112.9% | 8.1% | 7.3% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 6 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹4.00 |
| 6 Aug 2026 | Special | ₹8.00 |
| 7 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹4.50 |
| 7 Aug 2025 | Special | ₹7.50 |
| 5 Aug 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹4.00 |
| 5 Aug 2024 | Special | ₹8.00 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
Sep 2026
Aug 2026
Linde India share price by year
Each calendar year to 2025.Linde India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 5,955.50 | −0.7% | 7,588.50 | 5,543.15 |
| 2024 | 5,996.05 | +6.3% | 9,691.25 | 5,383.65 |
| 2023 | 5,640.20 | +64.2% | 6,654.10 | 3,228.35 |
| 2022 | 3,434.75 | +38.1% | 3,970.90 | 2,517.15 |
| 2021 | 2,487.35 | +155.8% | 2,832.00 | 899.40 |
| 2020 | 972.50 | +47.0% | 977.50 | 413.50 |
| 2019 | 661.45 | −2.7% | 791.15 | 418.10 |
| 2018 | 679.60 | +26.8% | 691.75 | 398.70 |
| 2017 | 536.15 | +51.3% | 536.15 | 348.75 |
| 2016 | 354.25 | +11.9% | 402.05 | 247.05 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 5,900.00 | 5,900.00 | 5,662.00 | 5,723.50 | 5,734.96 | 28,470 | 53.4% |
| 22 Oct 2026 | 5,877.00 | 6,000.00 | 5,810.00 | 5,900.50 | 5,911.07 | 15,079 | 39.3% |
| 21 Oct 2026 | 5,973.00 | 5,998.50 | 5,875.00 | 5,882.50 | 5,913.37 | 14,341 | 64.7% |
| 19 Oct 2026 | 6,178.50 | 6,196.00 | 5,991.50 | 6,003.50 | 6,042.83 | 12,236 | 51.8% |
| 16 Oct 2026 | 6,000.00 | 6,243.00 | 6,000.00 | 6,184.50 | 6,134.56 | 28,095 | 55.3% |
| 15 Oct 2026 | 6,008.00 | 6,106.00 | 5,925.50 | 5,998.00 | 5,984.93 | 10,851 | 52.4% |
| 14 Oct 2026 | 6,004.50 | 6,090.00 | 5,999.00 | 6,007.50 | 6,042.30 | 6,683 | 45.2% |
| 13 Oct 2026 | 6,011.00 | 6,025.00 | 5,955.00 | 6,009.00 | 5,993.99 | 12,445 | 56.0% |
| 12 Oct 2026 | 5,996.00 | 6,074.50 | 5,972.00 | 5,987.50 | 5,998.25 | 6,252 | 53.7% |
| 9 Oct 2026 | 6,033.00 | 6,075.50 | 5,952.00 | 5,996.00 | 5,995.61 | 10,247 | 36.4% |
About Linde India
Linde India Limited supplies industrial and medical gases and builds air separation plants. Its customers are in metals, manufacturing, healthcare, chemicals, refining, electronics, food processing and infrastructure.
The business runs in two segments, Gases and Related Products and Project Engineering. The gases segment supplies oxygen, nitrogen, argon and specialty gases through onsite pipeline systems, bulk liquid distribution networks and packaged gas solutions. A healthcare portfolio supplies medical gases and related solutions to hospitals and healthcare providers. The Project Engineering segment designs and delivers air separation plants and other engineering solutions for industry. Customers can place orders, track deliveries and monitor inventory through a digital platform called Linde Connect. An Application Technology Services team develops gas-based solutions tailored to customer processes.
The registered office is in Kolkata. The company's air separation units include those at Selaqui, Jamshedpur, Rourkela and Taloja. The Project Engineering division also has a manufacturing facility in Kolkata and a workshop at Jamshedpur, which produces cryogenic vessels.
Linde India was incorporated in 1935. It has no subsidiary. It has joint ventures, including Linde South Asia Services Private Limited, which it owns in equal shares with Praxair India Private Limited and which provides operation and management services to both partners. The company is a member of the Linde plc Group. Its promoter is The BOC Group Limited, its holding company. A promoter is the person or group that set up a company or controls it.
- Legal name
- Linde India Limited
- NSE symbol
- LINDEINDIA
- BSE code
- 523457
- ISIN
- INE473A01011
- Industry
- Chemicals & Petrochemicals
- Listed
- Jan 1992 on BSE, Jun 1999 on NSE
- Face value
- ₹10
- Former symbols
- BOC, IOL
- CIN
- L40200WB1935PLC008184
- Corporate identity number, the registrar of companies' code for it