Linde India shares fall more than 2% during today's trading session
With the stock currently priced at Rs 6980.00, Linde India's performance is being closely monitored by investors, especially given its presence in the NIFTY MIDCAP 150.
Alpha Desk
May 22, 2025 / 13:22 IST
DisclaimerThis is an AI-assisted live blog with updates sourced from multiple news outlets and agenciesDisclaimer
Shares of Linde India experienced a decline today. The stock was trading at Rs 6980.00 in the late morning session, reflecting a decrease of -2.33 percent.
The price movement has placed Linde India among the falling stocks in NIFTY MIDCAP 150. This index tracks the performance of mid-sized companies, and the movements are closely watched by investors as an indicator of market sentiment and sector-specific trends.
A review of Linde India's financial performance reveals the following trends:
Quarterly Results:
December 2023: Revenue stood at Rs 706.24 Cr, with a net profit of Rs 117.15 Cr and EPS of Rs 14.08.
March 2024: Revenue was Rs 630.07 Cr, net profit was Rs 104.33 Cr, and EPS was Rs 12.36.
June 2024: Revenue reached Rs 653.23 Cr, net profit was Rs 111.54 Cr, and EPS was Rs 13.33.
September 2024: Revenue was Rs 634.42 Cr, net profit was Rs 104.39 Cr, and EPS was Rs 12.48.
December 2024: Revenue totaled Rs 605.86 Cr, net profit was Rs 113.99 Cr, and EPS was Rs 13.64.
Annual Results:
2020: Revenue was Rs 1,471.12 Cr, net profit was Rs 149.40 Cr, and EPS was Rs 17.72.
2021: Revenue increased to Rs 2,111.96 Cr, net profit was Rs 501.60 Cr, and EPS was Rs 59.47.
2022: Revenue was Rs 2,505.29 Cr, net profit was Rs 430.69 Cr, and EPS was Rs 51.45.
2023: Revenue reached Rs 3,135.52 Cr, net profit was Rs 529.43 Cr, and EPS was Rs 63.09.
2024: Revenue was Rs 2,768.67 Cr, net profit was Rs 426.34 Cr, and EPS was Rs 50.90.
The company’s balance sheet shows a debt-to-equity ratio of 0.00 consistently from 2020 to 2024, indicating a debt-free status. Additionally, the book value per share has increased steadily from Rs 261.98 in 2020 to Rs 406.69 in 2024.
Cash Flow
The cash flow statement indicates the following for the last five years:
Cash Flow from Operating Activities: Fluctuated between Rs 338 Cr (2020) and Rs 629 Cr (2023).
Cash Flow from Investing Activities: Generally negative, indicating investments in assets.
Net Cash Flow: Showed variability, with a net outflow of Rs -207 Cr in 2024 and a significant inflow of Rs 659 Cr in 2021.
Financial Ratios
Key financial ratios for Linde India include:
Return on Equity (ROE): Ranged from 6.76% in 2020 to 18.68% in 2021, settling at 12.51% in 2024.
Current Ratio: Maintained above 1.5x, indicating good liquidity.
Sentiment analysis from Moneycontrol indicates a very bullish outlook as of May 15, 2025. With the stock currently priced at Rs 6980.00, Linde India's performance is being closely monitored by investors, especially given its presence in the NIFTY MIDCAP 150.