Linde India Future Growth

Future criteria checks 6/6

Linde India is forecast to grow earnings and revenue by 38% and 30.1% per annum respectively. EPS is expected to grow by 38% per annum. Return on equity is forecast to be 20.6% in 3 years.

Key information

38.0%

Earnings growth rate

38.0%

EPS growth rate

Chemicals earnings growth	20.7%
Revenue growth rate	30.1%
Future return on equity	20.6%
Analyst coverage	Low
Last updated	01 Mar 2024

Recent future growth updates

Recent updates

Revenues Tell The Story For Linde India Limited (NSE:LINDEINDIA) As Its Stock Soars 33%

Apr 04

This Analyst Just Made A Massive Upgrade To Their Linde India Limited (NSE:LINDEINDIA) Earnings Forecasts

Feb 16

Linde India (NSE:LINDEINDIA) Has A Rock Solid Balance Sheet

Jun 30

Here's Why I Think Linde India (NSE:LINDEINDIA) Is An Interesting Stock

Mar 25

We Think That There Are More Issues For Linde India (NSE:LINDEINDIA) Than Just Sluggish Earnings

Aug 17

Is Linde India (NSE:LINDEINDIA) A Risky Investment?

Jun 01

Linde India Limited's (NSE:LINDEINDIA) Shares Leap 31% Yet They're Still Not Telling The Full Story

Feb 15

Linde India Limited's (NSE:LINDEINDIA) Stock Been Rising: Are Strong Financials Guiding The Market?

Jan 25

Earnings and Revenue Growth Forecasts

NSEI:LINDEINDIA - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2026	52,774	9,517	1,834	N/A	2
3/31/2025	38,844	6,130	-5,330	N/A	2
3/31/2024	28,888	4,415	-8,420	N/A	1
12/31/2023	27,688	4,279	N/A	N/A	N/A
9/30/2023	27,596	4,179	N/A	N/A	N/A
6/30/2023	27,342	4,001	N/A	N/A	N/A
3/31/2023	26,013	4,721	2,128	5,033	N/A
9/30/2022	24,524	3,966	N/A	N/A	N/A
6/30/2022	22,737	3,693	3,364	5,416	N/A
3/31/2022	22,048	2,700	N/A	N/A	N/A
12/31/2021	21,120	5,072	4,522	5,889	N/A
9/30/2021	19,432	4,962	N/A	N/A	N/A
6/30/2021	18,063	4,680	4,051	4,894	N/A
3/31/2021	15,353	4,153	N/A	N/A	N/A
12/31/2020	14,711	1,511	2,685	3,390	N/A
9/30/2020	14,085	7,288	N/A	N/A	N/A
6/30/2020	14,479	7,303	2,373	2,819	N/A
3/31/2020	16,980	7,306	N/A	N/A	N/A
12/31/2019	17,618	7,272	2,434	3,267	N/A
12/31/2018	21,917	257	2,814	3,756	N/A
12/31/2017	20,384	162	1,723	2,521	N/A
12/31/2016	18,301	190	N/A	2,926	N/A
9/30/2016	17,202	50	N/A	N/A	N/A
6/30/2016	16,571	109	N/A	N/A	N/A
3/31/2016	16,017	173	N/A	N/A	N/A
12/31/2015	15,561	235	N/A	2,424	N/A
9/30/2015	15,573	252	N/A	N/A	N/A
6/30/2015	15,285	259	N/A	N/A	N/A
3/31/2015	15,069	203	N/A	N/A	N/A
12/31/2014	14,769	54	N/A	2,714	N/A
9/30/2014	15,319	544	N/A	N/A	N/A
6/30/2014	14,796	633	N/A	N/A	N/A
3/31/2014	14,528	710	N/A	N/A	N/A
12/31/2013	14,285	773	N/A	2,287	N/A
9/30/2013	13,030	672	N/A	N/A	N/A
6/30/2013	13,265	631	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LINDEINDIA's forecast earnings growth (38% per year) is above the savings rate (6.7%).

Earnings vs Market: LINDEINDIA's earnings (38% 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 (30.1% per year) is forecast to grow faster than the Indian market (10% per year).

High Growth Revenue: LINDEINDIA's revenue (30.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LINDEINDIA's Return on Equity is forecast to be high in 3 years time (20.6%)

Linde India Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Price target increased by 8.3% to ₹6,819

Price target increased by 14% to ₹5,539

Price target increased by 9.7% to ₹5,147

Price target increased by 9.1% to ₹4,133

Price target increased to ₹3,790

Price target increased to ₹3,395

Recent updates

Revenues Tell The Story For Linde India Limited (NSE:LINDEINDIA) As Its Stock Soars 33%

Linde India (NSE:LINDEINDIA) Could Easily Take On More Debt

Third quarter 2024 earnings released: EPS: ₹14.08 (vs ₹11.64 in 3Q 2023)

Linde India Limited to Report Q3, 2024 Results on Feb 05, 2024

Linde India Limited's (NSE:LINDEINDIA) Popularity With Investors Is Clear

Price target increased by 8.3% to ₹6,819

Second quarter 2024 earnings released: EPS: ₹12.75 (vs ₹10.66 in 2Q 2023)

Linde India Limited to Report Q2, 2024 Results on Nov 06, 2023

Estimating The Intrinsic Value Of Linde India Limited (NSE:LINDEINDIA)

Price target increased by 14% to ₹5,539

Linde India Limited Approves Dividend for the 15 Months Period Ended March 31, 2023

Price target increased by 9.7% to ₹5,147

Upcoming dividend of ₹12.00 per share at 0.2% yield

Linde India Limited to Report Q1, 2024 Results on Aug 08, 2023

Linde India Limited Proposes Dividend for the 15 Months Period Ended 31 March 2023

Linde India Limited, Annual General Meeting, Aug 17, 2023

Linde India Limited to Report Q1, 2023 Results on May 23, 2023

Linde India Limited Approves the Appointment of Michael James Devine as an Additional Director (Non-Executive) of the Company

This Analyst Just Made A Massive Upgrade To Their Linde India Limited (NSE:LINDEINDIA) Earnings Forecasts

Price target increased by 9.1% to ₹4,133

Linde India Limited Announces Executive Changes

Linde India Limited to Report Q4, 2022 Results on Feb 13, 2023

Third quarter 2022 earnings released: EPS: ₹10.66 (vs ₹7.46 in 3Q 2021)

Price target increased to ₹3,790

Second quarter 2022 earnings released: EPS: ₹20.15 (vs ₹8.50 in 2Q 2021)

Linde India Limited Approves the Appointment of Neeraj Kumar Jumrani as the Chief Financial Officer

Linde India (NSE:LINDEINDIA) Has A Rock Solid Balance Sheet

Linde India Limited Approves Special Dividend for the Year Ended 31 December 2021

Price target increased to ₹3,395

Linde India Limited to Report Q2, 2022 Results on Aug 04, 2022

Upcoming dividend of ₹13.50 per share

First quarter 2022 earnings released: EPS: ₹7.74 (vs ₹35.56 in 1Q 2021)

Linde India Limited Announces the Resignation of Anupam Saraf as Chief Financial Officer

Linde India Limited (BSE:523457) acquired 26% stake in Avaada Mhyavat Private Limited for INR 110 million.

Here's Why I Think Linde India (NSE:LINDEINDIA) Is An Interesting Stock

Investor sentiment improved over the past week

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Linde India Limited Recommends Final Dividend for the Year Ended December 31, 2021

Investor sentiment improved over the past week

Linde India Limited to Report Fiscal Year 2021 Results on Feb 24, 2022

Price target increased to ₹3,046

Investor sentiment improved over the past week

We Think That There Are More Issues For Linde India (NSE:LINDEINDIA) Than Just Sluggish Earnings

Second quarter 2021 earnings released: EPS ₹8.50 (vs ₹2.32 in 2Q 2020)

Price target increased to ₹2,067

Linde India Limited (BSE:523457) signed a Business Transfer Agreement to acquire Entire Packaged Gases Business and Certain Distribution Assets of HPS Gases Limited for approximately INR 280 million.

Additional Non-Executive Director Wei Chan has left the company

Upcoming dividend of ₹3.00 per share

Is Linde India (NSE:LINDEINDIA) A Risky Investment?

First quarter 2021 earnings released: EPS ₹35.56 (vs ₹4.58 in 1Q 2020)

Linde India Limited, Annual General Meeting, Jun 24, 2021

Full year 2020 earnings released: EPS ₹17.72 (vs ₹85.27 in FY 2019)

Revenue beats expectations

Investor sentiment improved over the past week

New 90-day high: ₹1,479

Linde India Limited to Report Fiscal Year 2020 Results on Mar 01, 2021

Linde India Limited's (NSE:LINDEINDIA) Shares Leap 31% Yet They're Still Not Telling The Full Story

Investor sentiment improved over the past week

New 90-day high: ₹1,019

Linde India Limited's (NSE:LINDEINDIA) Stock Been Rising: Are Strong Financials Guiding The Market?

New 90-day high: ₹980

New 90-day high: ₹944

Linde India Limited Appoints Anupam Saraf as Chief Financial Officer

New 90-day high: ₹886

Linde India Limited to Report Q3, 2020 Results on Nov 11, 2020

INOX Air Products Private Limited entered into a term sheet to acquire 50% stake in Bellary Oxygen Company Private Limited from Linde India Limited (BSE:523457) for approximately INR 550 million.

Linde India Limited to Report Q2, 2020 Results on Jul 30, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts