Linde India Ltd. (LINDEINDIA) AI Stock Analysis

• Market Cap: ₹510.92B
• Dividend Yield: 0.08%
• Average Volume (3M): 1.44K
• Price to Earnings (P/E): 114.0
• Beta (1Y): 0.97
• Revenue Growth: -8.04%
• EPS Growth: 15.11%
• Country: IN
• Employees: 269
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 11.90
• Shares Outstanding: 85,284,225
• 10 Day Avg. Volume: 845
• 30 Day Avg. Volume: 1,438
• PEG Ratio: 24.38
• Price to Book (P/B): 13.86
• Price to Sales (P/S): 21.30
• P/FCF Ratio: -70.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ₹5,807.00 ▼(-2.58% Downside)

The overall stock score for Linde India Ltd. is primarily influenced by strong financial performance, despite challenges in revenue growth and cash flow. Technical analysis indicates bearish momentum, and the high P/E ratio suggests potential overvaluation. The lack of earnings call and corporate events data limits additional insights.

Linde India Ltd. Business Overview & Revenue Model

Company Description

Linde India Ltd. is a leading industrial gases and engineering company in India, part of the global Linde Group. The company primarily operates in the production and supply of industrial gases such as oxygen, nitrogen, argon, and hydrogen, which are essential for various industries including healthcare, manufacturing, and energy. Additionally, Linde India provides engineering services related to gas production and application technologies, further enhancing its role in the industrial sector.

How the Company Makes Money

Linde India generates revenue primarily through the sale of industrial gases, which are supplied to a diverse range of sectors, including healthcare, metallurgy, food and beverage, and electronics. The company engages in long-term contracts with industrial clients, ensuring a steady stream of income. Key revenue streams include the sale of gases in bulk, cylinder rentals, and specialized gas mixtures, as well as engineering projects that involve the design and construction of gas production facilities. Significant partnerships with various industries, along with a robust distribution network, contribute to its earnings by enhancing market reach and operational efficiency.

Linde India Ltd. Financial Statement Overview

Summary

Linde India Ltd. demonstrates strong profitability and a stable financial position with excellent margins and a solid equity base. However, the decrease in revenue and negative free cash flow require attention. The company should focus on improving cash flow management to enhance long-term financial performance.

Income Statement

Linde India Ltd. shows a strong financial performance with a consistent increase in EBIT and EBITDA margins over the past years, indicating efficient operations and cost management. However, total revenue has decreased in the latest period compared to the previous year, leading to a negative revenue growth rate. Despite this, the company maintains a healthy net profit margin, showcasing profitability.

Balance Sheet

The balance sheet reflects a robust financial position with a strong equity base and low debt levels, resulting in a favorable debt-to-equity ratio. The equity ratio is high, indicating a solid capital structure. Return on equity remains strong, contributing to overall financial health and stability.

Cash Flow

Linde India's cash flow statement shows substantial operating cash flow relative to net income, highlighting effective cash management. However, negative free cash flow due to high capital expenditures is a concern, impacting the company's ability to generate surplus cash for other uses. Free cash flow growth rate is negative, indicating potential cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	24.98B	24.85B	27.68B	26.01B	21.12B	14.71B
Gross Profit	15.45B	14.64B	9.13B	10.73B	14.17B	11.17B
EBITDA	8.37B	8.33B	7.10B	6.27B	6.08B	4.09B
Net Income	4.55B	4.55B	4.34B	4.72B	5.07B	1.51B
Balance Sheet
Total Assets	51.43B	51.43B	48.55B	44.00B	40.17B	32.72B
Cash, Cash Equivalents and Short-Term Investments	1.47B	1.47B	9.83B	11.87B	9.85B	3.38B
Total Debt	423.71M	423.71M	206.90M	0.00	242.93M	69.03M
Total Liabilities	13.23B	13.23B	13.87B	9.34B	13.02B	10.38B
Stockholders Equity	38.20B	38.20B	34.68B	24.41B	27.15B	22.34B
Cash Flow
Free Cash Flow	0.00	-7.47B	-687.84M	2.13B	4.52B	2.69B
Operating Cash Flow	0.00	5.84B	5.03B	5.03B	5.89B	3.39B
Investing Cash Flow	0.00	-13.05B	-6.05B	-2.45B	984.26M	-541.36M
Financing Cash Flow	0.00	-1.12B	-1.05B	-955.57M	-281.55M	-2.01B

Linde India Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5960.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:LINDEINDIA, the sentiment is Negative. The current price of 5960.9 is above the 20-day moving average (MA) of 5921.73, below the 50-day MA of 6130.56, and below the 200-day MA of 6400.55, indicating a bearish trend. The MACD of -60.43 indicates Negative momentum. The RSI at 45.01 is Neutral, neither overbought nor oversold. The STOCH value of 49.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:LINDEINDIA.

Linde India Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HSCL	74 Outperform	₹228.60B	34.83	―	0.14%	-2.24%	31.43%
GSFC	68 Neutral	₹73.08B	10.94	―	2.66%	15.25%	26.49%
RCF	62 Neutral	₹84.27B	29.46	―	0.91%	-3.19%	59.25%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
BASF	60 Neutral	₹192.55B	48.64	―	0.46%	0.43%	-42.29%
LINDEINDIA	54 Neutral	₹510.92B	113.96	―	0.08%	-8.04%	15.11%
TATACHEM	54 Neutral	₹227.36B	103.34	―	1.36%	-1.99%	―

Linde India Ltd. Corporate Events

Linde India Announces Trading Window Closure Ahead of Financial Results

Linde India Limited has announced the closure of its trading window in compliance with SEBI regulations to prevent insider trading. This closure is in anticipation of the board’s approval and announcement of the company’s unaudited financial results for the quarter and half-year ending September 30, 2025. The trading window will reopen 48 hours after the results are disclosed to the stock exchanges, ensuring transparency and adherence to regulatory standards.