Linde India Key Ratios
NSE: LINDEINDIA | BSE: 523457
₹6,504.00
As on 28-Aug-2026IST
Market cap
₹55,474 Cr
Revenue (TTM)
₹2,654 Cr
P/E Ratio
101.5
P/B Ratio
12.7
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 13.03 | 21.59 | 10.43 | -0.99 | 8.00 |
| EBIT | 23.22 | -2.03 | 20.01 | 13.77 | 17.13 |
| Net Profit | 35.05 | -2.42 | 21.86 | 10.95 | 18.39 |
| EPS | 35.05 | -2.42 | 21.86 | 10.95 | 3.14 |
| Book Value | -- | -- | 11.67 | 10.75 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 22.06 | -- | 25.30 | 26.24 | 22.03 |
| Net Margin
| 17.86 | -- | 18.38 | 21.45 | 17.79 |
| Return on equity
| 13.07 | -- | 13.22 | 13.59 | 12.49 |
| Return on Capital
| 17.78 | -- | -- | 18.50 | 17.18 |
| Return on Assets
| 8.00 | -- | 8.97 | 8.32 | 7.70 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.00 | 0.00 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
--
|
18.50
|
17.18
|
17.74
|
21.33
|
|
Peer Median
|
--
|
15.04
|
15.30
|
--
|
--
|
ROE
13.22
Lower than Peers by 0.23
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
13.22
|
13.59
|
12.49
|
13.14
|
18.38
|
|
Peer Median
|
13.46
|
7.28
|
11.31
|
--
|
--
|
ROA
8.97
Lower than Peers by 0.32
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
8.97
|
8.32
|
7.70
|
8.10
|
11.21
|
|
Peer Median
|
9.29
|
7.26
|
6.25
|
--
|
--
|
EBIT Margin
25.30
Higher than Peers by 16.34
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
25.30
|
26.24
|
22.03
|
17.91
|
16.28
|
|
Peer Median
|
8.96
|
1.67
|
14.68
|
--
|
--
|
Net Margin
18.38
Higher than Peers by 9.35
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
18.38
|
21.45
|
17.79
|
15.22
|
16.60
|
|
Peer Median
|
9.03
|
8.13
|
6.45
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
--
|
30.97
|
26.90
|
22.94
|
25.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
10.43
Higher than Peers by 11.04
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
10.43
|
1.82
|
-10.23
|
-11.70
|
48.47
|
|
Peer Median
|
-0.61
|
7.48
|
45.16
|
--
|
--
|
EBIT Growth
20.01
Higher than Peers by 1.15
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
20.01
|
21.29
|
10.43
|
-2.87
|
--
|
|
Peer Median
|
18.85
|
28.32
|
55.31
|
--
|
--
|
Net Profit Growth
21.86
Lower than Peers by 4.64
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
21.86
|
20.69
|
4.78
|
-19.32
|
6.08
|
|
Peer Median
|
26.50
|
55.13
|
37.69
|
--
|
--
|
EPS Growth
21.86
Higher than Peers by 15.69
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
21.86
|
20.69
|
4.78
|
-19.32
|
6.08
|
|
Peer Median
|
6.17
|
27.27
|
-26.28
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
--
|
11.67
|
10.12
|
10.46
|
15.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
0.07
|
0.15
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.86
Lower than Peers by 0.97
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
0.86
|
0.87
|
0.96
|
1.67
|
2.05
|
|
Peer Median
|
1.83
|
1.42
|
1.96
|
--
|
--
|
Quick Ratio
0.76
Lower than Peers by 1.02
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
0.76
|
0.78
|
0.88
|
1.60
|
1.97
|
|
Peer Median
|
1.78
|
1.77
|
2.38
|
--
|
--
|
Interest Coverage
39.97
Higher than Peers by 32.04
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
39.97
|
51.59
|
49.58
|
80.64
|
99.30
|
|
Peer Median
|
7.93
|
5.87
|
5.53
|
--
|
--
|
Operating Efficiency
Debtors to sales
19.14
Lower than Peers by 3.06
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
19.14
|
20.07
|
15.48
|
17.37
|
12.80
|
|
Peer Median
|
22.20
|
18.65
|
181.92
|
--
|
--
|
Asset Turnover
0.48
Lower than Peers by 0.13
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
0.48
|
0.38
|
0.42
|
0.52
|
0.65
|
|
Peer Median
|
0.61
|
0.58
|
1.57
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
--
|
64.39
|
63.58
|
58.17
|
47.99
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
--
|
16.56
|
14.08
|
10.71
|
8.53
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
--
|
359.37
|
375.46
|
218.65
|
163.33
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
--
|
-278.42
|
-297.80
|
-149.77
|
-106.81
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
101.53
Higher than Peers by 84.48
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
101.53
|
105.77
|
117.20
|
125.91
|
63.90
|
|
Peer Median
|
17.05
|
27.21
|
123.75
|
--
|
--
|
Price / Book Value
12.71
Higher than Peers by 9.98
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
12.71
|
13.62
|
13.96
|
15.77
|
10.95
|
|
Peer Median
|
2.73
|
2.56
|
3.83
|
--
|
--
|
Dividend Yield
0.18
No difference
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
0.18
|
0.18
|
0.19
|
0.19
|
0.30
|
|
Peer Median
|
0.18
|
--
|
--
|
--
|
--
|
EV/EBITDA
59.38
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
59.38
|
62.49
|
63.82
|
68.87
|
38.20
|
|
Peer Median
|
--
|
2.04
|
15.39
|
--
|
--
|
Market Cap
55,474
Higher than Peers by 51,531
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Linde India
|
55,474
|
58,066
|
53,306
|
54,654
|
34,381
|
|
Peer Median
|
3,943
|
1,264
|
339
|
--
|
--
|