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Indian (NIFTY) Industrial Gases Industry Analysis

UpdatedMay 28, 2024
DataAggregated Company Financials
  • 7D-8.0%
  • 3M58.6%
  • 1Y119.1%
  • YTDn/a

In the last week, the Industrial Gases industry is up 1.8%, with Linde India up 1.8%. In the same time, National Oxygen was down 13%. In the last 12 months, the industry was up 130%. As for the next few years, earnings are expected to grow by 38% per annum.

Industry Valuation and Performance

Has the Indian Industrial Gases Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 28 May 2024₹743.4b₹27.7b₹4.3b90.4x173.1x26.8x
Thu, 25 Apr 2024₹701.9b₹27.7b₹4.3b85.6x163.5x25.3x
Sat, 23 Mar 2024₹557.2b₹27.7b₹4.3b68.6x129.8x20.1x
Mon, 19 Feb 2024₹493.4b₹28.1b₹4.3b7.5x114.5x17.6x
Wed, 17 Jan 2024₹474.4b₹28.0b₹4.2b11.5x112.9x17x
Fri, 15 Dec 2023₹478.1b₹27.9b₹4.2b7.7x113.9x17.1x
Sun, 12 Nov 2023₹515.0b₹28.0b₹4.2b7.3x122.7x18.4x
Tue, 10 Oct 2023₹507.5b₹27.7b₹4.0b63.5x127.5x18.3x
Thu, 07 Sep 2023₹554.1b₹27.7b₹4.0b69.4x139.2x20x
Sat, 05 Aug 2023₹436.0b₹26.4b₹4.7b46.3x92.7x16.5x
Mon, 03 Jul 2023₹368.0b₹26.4b₹4.7b39.1x78.3x14x
Wed, 31 May 2023₹339.8b₹26.4b₹4.7b36.1x72.3x12.9x
Fri, 28 Apr 2023₹333.8b₹24.9b₹3.9b42.2x84.6x13.4x
Sun, 26 Mar 2023₹338.5b₹24.9b₹3.9b42.8x85.8x13.6x
Tue, 21 Feb 2023₹324.9b₹24.9b₹3.9b41.1x82.3x13.1x
Thu, 19 Jan 2023₹287.9b₹24.9b₹3.9b36.5x73x11.6x
Sat, 17 Dec 2022₹293.8b₹24.9b₹3.9b37.2x74.5x11.8x
Mon, 14 Nov 2022₹273.0b₹23.1b₹3.7b37.1x74.3x11.8x
Wed, 12 Oct 2022₹269.0b₹23.1b₹3.7b36.5x73.2x11.6x
Fri, 09 Sep 2022₹287.5b₹22.7b₹3.7b77.8x78.5x12.6x
Sun, 07 Aug 2022₹300.2b₹22.1b₹2.7b111.2x112.4x13.6x
Tue, 05 Jul 2022₹294.4b₹22.1b₹2.7b109x110.2x13.3x
Thu, 02 Jun 2022₹261.2b₹22.1b₹2.7b96.7x97.8x11.8x
Sat, 30 Apr 2022₹306.5b₹21.6b₹5.1b34x59.9x14.2x
Mon, 28 Mar 2022₹295.2b₹21.6b₹5.1b31.6x57.7x13.6x
Wed, 23 Feb 2022₹243.5b₹20.0b₹5.0b27.2x48.6x12.2x
Fri, 21 Jan 2022₹225.0b₹20.0b₹5.0b27.7x44.9x11.3x
Sun, 19 Dec 2021₹204.0b₹20.0b₹5.0b24x40.7x10.2x
Tue, 16 Nov 2021₹214.5b₹18.5b₹4.7b25.8x45.6x11.6x
Thu, 14 Oct 2021₹221.9b₹18.5b₹4.7b27x47.2x12x
Sat, 11 Sep 2021₹216.1b₹18.5b₹4.7b26.3x46x11.7x
Mon, 09 Aug 2021₹153.2b₹18.9b₹4.7b5x32.3x8.1x
Price to Earnings Ratio


Total Market Cap: ₹136.5bTotal Earnings: ₹4.1bTotal Revenue: ₹16.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Industrial Gases Industry Price to Earnings3Y Average 82.6x202220232024
Current Industry PE
    There are only 2 companies in the Indian Industrial Gases industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Industrial Gases industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 20% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Comparison

How does Indian Industrial Gases compare with similar industries?

IN Market1.64%
Industrial Gases-7.99%
Fertilizers and Agricultural Chemicals0.68%
Specialty Chemicals0.30%
Diversified Chemicals0.017%
Commodity Chemicals-0.15%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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Latest News



National Oxygen







Bhagawati Oxygen







Linde India