Linde India stock | Growth outlook for 2026 & price target

Linde India

BSE:523457

Rp 7.342,65

Rp0,00 (0,00%)

7.342,65 Rp

Rp0,00 (0,00%)

End-of-day quote: 03/27/2026

Linde India Stock Value

The current analyst rating for BSE:523457 is Outperform.

Outperform

Linde India Company Info

EPS Growth 5Y

24,84%

Market Cap

Rp626,21 B

Long-Term Debt

Rp4,17 B

Annual earnings

05/23/2026 (E)

Dividend

Rp11,75

Dividend Yield

0,16%

Founded

1935

Industry

Materials

Country

India

Website

Linde India

ISIN Number

INE473A01011

Website

http://www.linde.in

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp7.039,00

-4.14%

Last Update: 03/28/2026

Analysts: 2

Highest Price Target Rp8.209,00

Average Price Target Rp7.039,00

Lowest Price Target Rp5.869,00

In the last five quarters, Linde India’s Price Target has fallen from Rp8.227,76 to Rp6.780,50 - a -17,59% decrease. One analysts predict that Linde India’s share price will fall in the coming year, reaching Rp7.039,00. This would represent a decrease of -4,14%.

Top growth stocks in the materials sector (5Y.)

What does Linde India do?

Linde India Limited operates as an industrial gases and engineering company dedicated to the provision of various gases and services essential for diverse sectors such as manufacturing, healthcare, food processing, and energy. Business Segments The company operates through several core business segments, each focusing on key areas of growth and innovation within the industrial gases market. The primary segments include: Gases This segment involves the production and distribution of atmospher...

Business Segments

The company operates through several core business segments, each focusing on key areas of growth and innovation within the industrial gases market. The primary segments include:

Gases

This segment involves the production and distribution of atmospheric and specialty gases used across a variety of industries. The company provides gases like oxygen, nitrogen, and hydrogen for applications in healthcare, metal manufacturing, and food processing sectors. The gases segment leverages advanced technology and systems to optimize production and enhance delivery efficiency. Additionally, the company emphasizes sustainable sourcing and production methods for greenhouse gases, a key concern in the modern ecological landscape.

Engineering

This segment specializes in the design and construction of gas production facilities. The company develops cutting-edge technologies for gas processing and air separation, ensuring that plants are efficient and environmentally friendly. The company’s engineering capabilities support its own gas supply chain and extend to external clients requiring large-scale construction projects in chemical processing and renewable energy sectors.

Healthcare

This segment focuses on the development and supply of medical gases and related equipment aimed at healthcare institutions worldwide. This includes the provision of oxygen and carbon dioxide for patient therapies, as well as the supply of specialty gases for various medical applications. The company’s commitment to ensuring the highest quality standards in its healthcare products strengthens its position as a trusted partner in the medical industry.

Global Applications

This segment encompasses tailored solutions that cater to specific industry requirements across various sectors such as electronics, food and beverage, and pharmaceuticals. Here, the company develops customized services for gas applications, including specialized mixtures and gas handling systems that ensure optimal results for client operations.

Business Strategy

The company's business strategy focuses on three core pillars: innovation and customer engagement.

Innovation is another fundamental aspect of Linde's strategy. The company continuously explores advanced technologies that enhance gas production efficiency and safety. This commitment enables the company to respond proactively to industry trends while developing new solutions that meet the unique needs of its customers. The integration of automation and digital optimization across its operations further amplifies this innovative spirit, paving the way for enhanced service delivery and customer satisfaction.

Customer engagement remains at the heart of Linde's strategic pursuits. By establishing strong partnerships with clients across various sectors, the company actively collaborates to identify and address specific needs, providing tailored solutions that enhance operational efficiency. Regular interaction with stakeholders ensures that the company remains attuned to concerns and expectations, enabling it to pivot quickly in a rapidly changing market landscape. Through this multifaceted business strategy, the company positions itself for sustained growth and success.

Products and Services

The company offers a comprehensive range of products and services that cater to diverse sectors with significant impact on everyday life. Within the gas segment, the company produces:

Atmospheric Gases: This includes oxygen, nitrogen, and argon, essential for myriad industrial processes, from steel manufacturing to food preservation. These gases are supplied through bulk deliveries, on-site generation, or the use of gas cylinders, depending on the customer's specific needs and scale of operations.

Specialty Gases: The company’s portfolio includes an array of specialty gases used in electronics, laboratories, and scientific research. This segment also features a variety of gas mixtures, tailored for precise applications in industries such as laser cutting, welding, and medical diagnostics.

Medical Gases: The healthcare sector benefits from Linde’s provision of medical-grade gases, including oxygen and nitrous oxide, along with associated equipment and technologies designed to enhance patient care in clinical environments.

Engineering Services: The company’s engineering division provides design and construction services for gas production facilities. This includes project management, maintenance, and life-cycle management to ensure the ongoing efficiency of the plants.

Technical and Sales Support: The company stands out with its responsive customer service, offering technical guidance on gas applications and processes. This includes training programs for gas handling and safety.

Geographical Markets Served

The company operates extensively across various geographical markets, maintaining a robust presence in North America, Europe, Asia-Pacific, and the Middle East and Africa.

Seasonality

The company’s business model is structured to mitigate the effects of seasonality, although fluctuations may still arise due to diverse market demands. Certain sectors, such as construction and energy, may see seasonal spikes, leading to increased gas consumption during specific seasons. In contrast, healthcare services maintain steady demand throughout the year, with essential medical gases required regardless of environmental changes.

Customers

The company serves a diverse clientele comprising customers from various sectors, including healthcare, manufacturing, energy, and food processing. The company caters to hospitals, industrial plants, and specialty manufacturers, among others.

Notable segments served include regional hospitals and healthcare systems, multinational manufacturing companies, and leading firms in the food and beverage industry.

Sales and Marketing

The company employs a multifaceted approach to sales and marketing that underscores its commitment to customer engagement. The company utilizes direct sales, strategic partnerships, distributors, and online platforms to reach its extensive customer base.

Key marketing strategies involve showcasing sustainability initiatives, safety records, and technological advancements that differentiate the company from competitors.

The distribution channels are carefully organized to ensure efficient delivery of products, supported by an integrated supply chain system that includes on-site generation and bulk deliveries.

History

The company was incorporated in 1935. The company was formerly known as BOC India Limited and changed its name to Linde India Limited in 2013.

Linde India Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industrial Gases:** 60% **Engineering and Construction:** 25% **Healthcare:** 15% **TOP 3 Markets:** 1. **India:** 50% 2. **Southeast Asia:** 30% 3. **Middle East:** 20% Linde India Limited generates the majority of its revenue from the industrial gases sector, which accounts for a...

At which locations are the company’s products manufactured?

**Production facilities of Linde India Limited:** Linde India Limited operates several production facilities in India, including: 1. **Kalinganagar, Odisha** 2. **Taloja, Maharashtra** 3. **Rourkela, Odisha** 4. **Jamshedpur, Jharkhand** These locations are strategically positioned near industria...

What strategy does Linde India pursue for future growth?

**Revenue Growth:** 10.5% (2024) **Profit Growth:** 8.2% (2024) Linde India Limited is pursuing a growth strategy that is heavily focused on expanding its production capacities and enhancing its market presence. The company is investing in new facilities and technologies to increase efficiency an...

Which raw materials are imported and from which countries?

**Main Imported Raw Materials:** Industrial gases, raw materials for gas production **Main Import Countries:** Germany, USA, China Linde India Limited mainly imports industrial gases and raw materials needed for the production and processing of gases. These materials are essential for the manufact...

How strong is the company’s competitive advantage?

**Market share in India:** Approximately 30% (2024, estimated) **EBITDA margin:** 25% (2024, estimated) **R&D investments:** 5% of revenue (2024, estimated) Linde India Limited has a significant competitive advantage in the industrial gas sector in India, reflected in an estimated market sh...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 45% (estimated for 2025 based on trends of recent years) **Insider Buys/Sells:** No significant transactions in the last year (2024) The institutional investor share in Linde India Limited is estimated to be around 45%. This estimate is based on tren...

What percentage market share does Linde India have?

**Market share of Linde India Limited:** Estimated around 15% (2025) **Main competitors and their market shares:** 1. **Air Liquide India:** Estimated around 20% 2. **Praxair India:** Estimated around 18% 3. **Inox Air Products:** Estimated around 17% 4. **Tata Chemicals:** Estimated around 12% 5....

Is Linde India stock currently a good investment?

**Revenue Growth:** 10.5% (2024) **EBITDA Margin:** 22.3% (2024) **Net Cash Flow from Operating Activities:** 1.2 billion INR (2024) **Debt Ratio:** 35% (2024) Linde India Limited achieved a revenue growth of 10.5% in 2024, driven by strong demand for industrial gases and an expansion of their prod...

Does Linde India pay a dividend – and how reliable is the payout?

**Dividend yield:** 1.5% (estimated for 2025) Linde India Limited has regularly paid dividends in recent years. The company's dividend policy shows a tendency towards stability, indicating a reliable payout. The dividend yield of approximately 1.5% in 2025 reflects a moderate payout that is i...

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Linde India Stock Value

Linde India Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Linde India do?

Linde India Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Linde India Stock Value

Linde India Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Linde India do?

Linde India Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.