Linde India Limited (NSE:LINDEINDIA) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Investors in Linde India Limited (NSE:LINDEINDIA) had a good week, as its shares rose 6.8% to close at ₹7,520 following the release of its yearly results. Results look mixed - while revenue fell marginally short of analyst estimates at ₹26b, statutory earnings were in line with expectations, at ₹53.33 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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Following the latest results, Linde India's twin analysts are now forecasting revenues of ₹30.9b in 2026. This would be a substantial 21% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to leap 27% to ₹67.75. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹37.8b and earnings per share (EPS) of ₹73.55 in 2026. It looks like sentiment has fallen somewhat in the aftermath of these results, with a real cut to revenue estimates and a small dip in earnings per share numbers as well.

See our latest analysis for Linde India

The analysts made no major changes to their price target of ₹7,294, suggesting the downgrades are not expected to have a long-term impact on Linde India's valuation.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting Linde India's growth to accelerate, with the forecast 21% annualised growth to the end of 2026 ranking favourably alongside historical growth of 13% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 13% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Linde India is expected to grow much faster than its industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Linde India. They also downgraded Linde India's revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. The consensus price target held steady at ₹7,294, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for Linde India going out as far as 2028, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 1 warning sign for Linde India you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.