company background image
LIND

Linde India NSEI:LINDEINDIA Stock Report

Last Price

₹2.98k

Market Cap

₹254.1b

7D

4.7%

1Y

86.7%

Updated

24 Jun, 2022

Data

Company Financials +
LINDEINDIA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

LINDEINDIA Stock Overview

Linde India Limited primarily operates as an industrial gases company in India.

Linde India Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Linde India
Historical stock prices
Current Share Price₹2,976.10
52 Week High₹4,190.00
52 Week Low₹1,564.10
Beta0.37
1 Month Change2.74%
3 Month Change-13.92%
1 Year Change86.70%
3 Year Change471.61%
5 Year Change591.15%
Change since IPO2,894.06%

Recent News & Updates

Shareholder Returns

LINDEINDIAIN ChemicalsIN Market
7D4.7%2.7%2.3%
1Y86.7%-1.5%-0.9%

Return vs Industry: LINDEINDIA exceeded the Indian Chemicals industry which returned -2.6% over the past year.

Return vs Market: LINDEINDIA exceeded the Indian Market which returned -1.7% over the past year.

Price Volatility

Is LINDEINDIA's price volatile compared to industry and market?
LINDEINDIA volatility
LINDEINDIA Average Weekly Movement6.2%
Chemicals Industry Average Movement6.8%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: LINDEINDIA is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: LINDEINDIA's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1935242Abhijit Banerjeehttps://www.linde.in

Linde India Limited primarily operates as an industrial gases company in India. The company operates in two segments, Gases and Related Products, and Project Engineering. The Gases and Related Products segment primarily produces and sells oxygen, nitrogen, and argon gases.

Linde India Fundamentals Summary

How do Linde India's earnings and revenue compare to its market cap?
LINDEINDIA fundamental statistics
Market Cap₹254.06b
Earnings (TTM)₹2.70b
Revenue (TTM)₹22.05b

94.1x

P/E Ratio

11.5x

P/S Ratio

Is LINDEINDIA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
LINDEINDIA income statement (TTM)
Revenue₹22.05b
Cost of Revenue₹12.01b
Gross Profit₹10.04b
Other Expenses₹7.34b
Earnings₹2.70b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 04, 2022

Earnings per share (EPS)31.65
Gross Margin45.55%
Net Profit Margin12.24%
Debt/Equity Ratio0.9%

How did LINDEINDIA perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

11%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is LINDEINDIA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LINDEINDIA?

Other financial metrics that can be useful for relative valuation.

LINDEINDIA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue11.1x
Enterprise Value/EBITDA44.6x
PEG Ratio4.2x

Price to Earnings Ratio vs Peers

How does LINDEINDIA's PE Ratio compare to its peers?

LINDEINDIA PE Ratio vs Peers
The above table shows the PE ratio for LINDEINDIA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average34.5x

Price-To-Earnings vs Peers: LINDEINDIA is expensive based on its Price-To-Earnings Ratio (94.1x) compared to the peer average (34.5x).


Price to Earnings Ratio vs Industry

How does LINDEINDIA's PE Ratio compare vs other companies in the Indian Chemicals Industry?

Price-To-Earnings vs Industry: LINDEINDIA is expensive based on its Price-To-Earnings Ratio (94.1x) compared to the Indian Chemicals industry average (16.8x)


Price to Earnings Ratio vs Fair Ratio

What is LINDEINDIA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LINDEINDIA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio94.1x
Fair PE Ratio27.1x

Price-To-Earnings vs Fair Ratio: LINDEINDIA is expensive based on its Price-To-Earnings Ratio (94.1x) compared to the estimated Fair Price-To-Earnings Ratio (27.1x).


Share Price vs Fair Value

What is the Fair Price of LINDEINDIA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LINDEINDIA (₹2976.1) is trading above our estimate of fair value (₹1737.16)

Significantly Below Fair Value: LINDEINDIA is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: LINDEINDIA is poor value based on its PEG Ratio (4.2x)


Discover undervalued companies

Future Growth

How is Linde India forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


22.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LINDEINDIA's forecast earnings growth (22.6% per year) is above the savings rate (6.7%).

Earnings vs Market: LINDEINDIA's earnings (22.6% per year) are forecast to grow faster than the Indian market (17.5% per year).

High Growth Earnings: LINDEINDIA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LINDEINDIA's revenue (13.3% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: LINDEINDIA's revenue (13.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LINDEINDIA's Return on Equity is forecast to be low in 3 years time (17.6%).


Discover growth companies

Past Performance

How has Linde India performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


17.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LINDEINDIA has high quality earnings.

Growing Profit Margin: LINDEINDIA's current net profit margins (12.2%) are lower than last year (27.1%).


Past Earnings Growth Analysis

Earnings Trend: LINDEINDIA's earnings have grown by 17% per year over the past 5 years.

Accelerating Growth: LINDEINDIA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LINDEINDIA had negative earnings growth (-35%) over the past year, making it difficult to compare to the Chemicals industry average (29.6%).


Return on Equity

High ROE: LINDEINDIA's Return on Equity (9.9%) is considered low.


Discover strong past performing companies

Financial Health

How is Linde India's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LINDEINDIA's short term assets (₹18.7B) exceed its short term liabilities (₹8.8B).

Long Term Liabilities: LINDEINDIA's short term assets (₹18.7B) exceed its long term liabilities (₹4.3B).


Debt to Equity History and Analysis

Debt Level: LINDEINDIA has more cash than its total debt.

Reducing Debt: LINDEINDIA's debt to equity ratio has reduced from 97.3% to 0.9% over the past 5 years.

Debt Coverage: LINDEINDIA's debt is well covered by operating cash flow (2424.1%).

Interest Coverage: LINDEINDIA's interest payments on its debt are well covered by EBIT (104.5x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Linde India current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.12%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LINDEINDIA's dividend (0.12%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: LINDEINDIA's dividend (0.12%) is low compared to the top 25% of dividend payers in the Indian market (1.9%).


Stability and Growth of Payments

Stable Dividend: LINDEINDIA is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: LINDEINDIA is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: LINDEINDIA is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: LINDEINDIA is not paying a notable dividend for the Indian market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average board tenure


CEO

Abhijit Banerjee (54 yo)

3yrs

Tenure

₹22,055,590

Compensation

Mr. Abhijit Banerjee is Managing Director and Additional Director at Linde India Limited since June 7, 2019. Mr Banerjee joined Linde India Limited in 2009 and has gathered many years in manufacturing sect...


CEO Compensation Analysis

Compensation vs Market: Abhijit's total compensation ($USD282.17K) is below average for companies of similar size in the Indian market ($USD611.16K).

Compensation vs Earnings: Abhijit's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

Experienced Board: LINDEINDIA's board of directors are considered experienced (3.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Linde India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Linde India Limited
  • Ticker: LINDEINDIA
  • Exchange: NSEI
  • Founded: 1935
  • Industry: Industrial Gases
  • Sector: Materials
  • Implied Market Cap: ₹254.057b
  • Shares outstanding: 85.28m
  • Website: https://www.linde.in

Number of Employees


Location

  • Linde India Limited
  • Oxygen House
  • P-43 Taratala Road
  • Kolkata
  • West Bengal
  • 700088
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.