Linde India shares experienced a decline of 2.46% in Wednesday’s trading session, with the stock trading at Rs 6,800.50 at 9:18 am. The company is a constituent of the Nifty Midcap 150 index.
Linde India’s financial results reveal a mixed performance across recent periods. For the quarter ending June 2026, the company’s consolidated revenue stood at Rs 694.36 Crore, an increase of 13.03% from Rs 614.33 Crore in March 2026. Net profit also rose significantly by 34.04% to Rs 102.97 Crore in June 2026 from Rs 76.82 Crore in the preceding quarter. Earnings Per Share (EPS) mirrored this upward trend, climbing to Rs 12.26 in June 2026 from Rs 9.08 in the previous quarter, a 34.03% increase.
On an annual consolidated basis, Linde India reported a revenue of Rs 2,530.64 Crore for the year ending March 2026, a slight increase of 1.82% from Rs 2,485.38 Crore in March 2025. Net profit also saw a notable rise of 10.19% to Rs 493.48 Crore in March 2026 from Rs 447.81 Crore in the prior year. The EPS for the year ending March 2026 improved by 20.70% to Rs 64.37, up from Rs 53.33 in March 2025.
In terms of cash flow, the company recorded a net cash flow of -Rs 34 Crore in March 2026, which marks an improvement from -Rs 833 Crore in March 2025. Cash flow from operating activities increased by 34.65% to Rs 785 Crore in March 2026 from Rs 583 Crore in March 2025. Investing activities resulted in -Rs 704 Crore, an improvement from -Rs 1,304 Crore in March 2025.
Linde India’s balance sheet for March 2026 shows total equities and liabilities at Rs 5,808 Crore, an increase of 12.95% from Rs 5,142 Crore in March 2025. Share capital remained consistent at Rs 85 Crore, while reserves and surplus grew by 11.97% to Rs 4,181 Crore from Rs 3,734 Crore in March 2025. Fixed assets also expanded by 18.51% to Rs 3,426 Crore in March 2026 from Rs 2,891 Crore in March 2025.
As of March 2026, key ratios indicate a mixed picture. Basic EPS was Rs 64.37, an increase of 20.70% from Rs 53.33 in March 2025. The company’s P/E ratio stood at 106.32, which is lower than 117.33 in March 2025, while the P/B ratio was 13.61, a slight decrease from 13.95 in March 2025. The Debt to Equity ratio remained at 0.00 for the period. The Net Profit Margin improved to 19.50% in March 2026 from 18.01% in March 2025.
Linde India has announced several corporate actions recently. A Board Meeting is scheduled for August 10, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also released its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, and the Notice of the 90th Annual General Meeting along with the Annual Report 2025-26 on July 20, 2026.
Regarding dividends, the company declared a final dividend of Rs 4.00 per share (40%) and a special dividend of Rs 8.00 per share (80%), both with an effective date of August 06, 2026. For the previous year, a final dividend of Rs 4.50 per share (45%) and a special dividend of Rs 7.50 per share (75%) were declared with an effective date of August 07, 2025.
Linde India has a history of issuing bonus shares, with a 1:3 ratio announced in both December 1985 and December 1982. The company also undertook rights issues in 1997 and 1993. On May 29, 1997, a rights issue with a 4:5 ratio and a premium of Rs 50 was announced. Another rights issue with a 1:1 ratio was announced on March 25, 1997. In September 1993, a rights issue with a 1:2 ratio and a premium of Rs 20 was announced.
With the stock’s last traded price at Rs 6,800.50, Linde India continues to be a key player in the Nifty Midcap 150. Investor sentiment for the stock is currently bullish as of August 10, 2026, according to Moneycontrol analysis.
