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Indian (NIFTY) Industrial Gases Industry Analysis
UpdatedFeb 22, 2025
DataAggregated Company Financials
Companies4
- 7D10.4%
- 3M-5.3%
- 1Y11.0%
- YTDn/a
Over the last 7 days, the Industrial Gases industry has risen 9.1%, driven by gains from Linde India of 9.5%. In the same time, Stallion India Fluorochemicals was down 17%. In the last 12 months, the industry was up 12%. As for the next few years, earnings are expected to grow by 34% per annum.
Industry Valuation and Performance
Has the Indian Industrial Gases Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 22 Feb 2025 | ₹532.0b | ₹28.2b | ₹4.6b | 71.7x | 114.8x | 18.8x |
| Mon, 20 Jan 2025 | ₹495.7b | ₹26.2b | ₹4.4b | 111.1x | 111.9x | 18.9x |
| Wed, 18 Dec 2024 | ₹565.5b | ₹26.2b | ₹4.4b | 126.9x | 127.6x | 21.5x |
| Fri, 15 Nov 2024 | ₹570.9b | ₹26.2b | ₹4.5b | 70.4x | 127.8x | 21.8x |
| Sun, 13 Oct 2024 | ₹694.9b | ₹27.0b | ₹4.5b | 83.1x | 154.7x | 25.7x |
| Tue, 10 Sep 2024 | ₹628.8b | ₹27.0b | ₹4.5b | 75.8x | 140x | 23.3x |
| Thu, 08 Aug 2024 | ₹666.4b | ₹27.0b | ₹4.5b | 87.2x | 148.6x | 24.7x |
| Sat, 06 Jul 2024 | ₹768.9b | ₹27.7b | ₹4.3b | 102x | 177x | 27.8x |
| Mon, 03 Jun 2024 | ₹741.1b | ₹28.5b | ₹4.4b | 88.8x | 170.2x | 26x |
| Wed, 01 May 2024 | ₹704.0b | ₹27.7b | ₹4.3b | 86.2x | 164x | 25.4x |
| Fri, 29 Mar 2024 | ₹546.6b | ₹27.7b | ₹4.3b | 67.4x | 127.3x | 19.7x |
| Sun, 25 Feb 2024 | ₹473.6b | ₹28.1b | ₹4.3b | 7.7x | 109.9x | 16.9x |
| Tue, 23 Jan 2024 | ₹493.0b | ₹28.0b | ₹4.2b | 10.4x | 117.3x | 17.6x |
| Thu, 21 Dec 2023 | ₹471.8b | ₹28.0b | ₹4.2b | 8.5x | 112.3x | 16.9x |
| Sat, 18 Nov 2023 | ₹518.8b | ₹28.0b | ₹4.2b | 7.3x | 123.6x | 18.5x |
| Mon, 16 Oct 2023 | ₹549.6b | ₹27.7b | ₹4.0b | 68.8x | 138.1x | 19.8x |
| Wed, 13 Sep 2023 | ₹516.5b | ₹27.7b | ₹4.0b | 64.7x | 129.8x | 18.6x |
| Fri, 11 Aug 2023 | ₹422.9b | ₹27.7b | ₹4.0b | 53x | 106.2x | 15.3x |
| Sun, 09 Jul 2023 | ₹370.7b | ₹26.4b | ₹4.7b | 39.4x | 78.8x | 14.1x |
| Tue, 06 Jun 2023 | ₹340.3b | ₹26.4b | ₹4.7b | 36.2x | 72.3x | 12.9x |
| Thu, 04 May 2023 | ₹343.5b | ₹24.9b | ₹3.9b | 43.4x | 87.1x | 13.8x |
| Sat, 01 Apr 2023 | ₹343.9b | ₹24.9b | ₹3.9b | 43.5x | 87.2x | 13.8x |
| Mon, 27 Feb 2023 | ₹330.2b | ₹24.9b | ₹3.9b | 41.7x | 83.7x | 13.3x |
| Wed, 25 Jan 2023 | ₹288.4b | ₹24.9b | ₹3.9b | 36.5x | 73.1x | 11.6x |
| Fri, 23 Dec 2022 | ₹298.5b | ₹24.9b | ₹3.9b | 37.8x | 75.7x | 12x |
| Sun, 20 Nov 2022 | ₹260.7b | ₹24.9b | ₹3.9b | 33x | 66x | 10.5x |
| Tue, 18 Oct 2022 | ₹268.4b | ₹23.1b | ₹3.7b | 36.5x | 73x | 11.6x |
| Thu, 15 Sep 2022 | ₹291.4b | ₹22.7b | ₹3.7b | 78.9x | 79.5x | 12.8x |
| Sat, 13 Aug 2022 | ₹296.3b | ₹22.1b | ₹2.7b | 109.7x | 110.9x | 13.4x |
| Mon, 11 Jul 2022 | ₹292.6b | ₹22.1b | ₹2.7b | 108.4x | 109.5x | 13.3x |
| Wed, 08 Jun 2022 | ₹257.7b | ₹22.1b | ₹2.7b | 95.4x | 96.4x | 11.7x |
| Fri, 06 May 2022 | ₹286.8b | ₹21.6b | ₹5.1b | 31.9x | 56x | 13.3x |
| Sun, 03 Apr 2022 | ₹329.1b | ₹21.6b | ₹5.1b | 35.2x | 64.3x | 15.2x |
| Tue, 01 Mar 2022 | ₹234.9b | ₹21.6b | ₹5.1b | 25.4x | 45.9x | 10.9x |
Price to Earnings Ratio
45.9x
Current Industry PE
- Investors are optimistic on the Indian Industrial Gases industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 116x which is higher than its 3-year average PE of 108x.
- The industry is trading close to its 3-year average PS ratio of 17.7x.
Past Earnings Growth
- The earnings for companies in the Industrial Gases industry have declined 3.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.4% 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, which has decreased profits.
Industry Comparison
How does Indian Industrial Gases compare with similar industries?
| IN Market | 0.35% | |
| Materials | 1.79% | |
| Chemicals | 0.74% | |
| Industrial Gases | 10.45% | |
| Commodity Chemicals | 1.15% | |
| Specialty Chemicals | 0.54% | |
| Diversified Chemicals | 0.18% | |
| Fertilizers and Agricultural Chemicals | -0.32% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 523457 Linde India | ₹6.16k | 10.8% +₹51.1b | 11.0% | PE119x | |
| 509449 Bhagawati Oxygen | ₹48.49 | 5.7% +₹6.1m | 0.2% | PS10.5x |