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Linde India Ltd

Q1 FY24Chemicals & Petrochemicals

Linde India Ltd Q1 FY24 Results & Presentation Highlights: Revenue, Margins & Order Book

Q1 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹6,196
Market cap₹53.2K Cr
P/E97.0
Updated24 Sept 2026
Read5 min read

Based on Linde India Ltd's Q1 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Revenue & EBITDA for Gases and Project Engineering Division (PED) (Jan 2022 - Mar 2023, 15 months): - Total Revenue up 48% to 31,355 MINR from 21,120 MINR (Dec 2021) - Gases revenue up by 33% (+5, EBITDA (pre-exceptional) for the 15 months ended 31 March 2023: 8,729 MINR, up 45% from 6,013 MINR (Year ended 31 Dec 2021) - EBITDA margin: 27.8%, down 63 basis points from 28.5% (due to higher PED sales) - Gases division EBITDA up 38%, PED EBITDA up 130% for the 15 months period - PAT (Profit After Tax) for the 15 months ended 31 March 2023: 5,139 MINR, slightly down by about 4% from 5,358 MINR in prior year - Revenue growth: 48% up to 31,355 MINR from 21,120 MINR - No explicit quarterly EBITDA, margin, or PAT data or outlook stated for a specific quarter or any margin outlook mentioned in the presentation.

From Linde India Ltd's Q1 FY24 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Revenue & EBITDA for Gases and Project Engineering Division (PED) (Jan 2022 - Mar 2023, 15 months):
  • Total Revenue up 48% to 31,355 MINR from 21,120 MINR (Dec 2021)
  • Gases revenue up by 33% (+5,533m): Onsite +30%, Bulk +42%, Healthcare +2%, PGP/Helium/Special Gases +57%
  • PED revenue up by 104% (+4,702m)
  • EBITDA (pre-exceptional) increased by 45% to 8,729 MINR
  • Quarterly data for 1Q 2023-24 (not explicitly stated, but growth mentioned in text)
  • Volume: More than 20 lakh m3 of compressed gases sold monthly in 150,000+ cylinders
  • Outlook:
  • Industrial gases market expected to grow ~9% annually
  • Steel sector consolidation and productivity improvements to drive gas demand

2 more points management made on revenue & sales performance

Profitability & Margins

See what Linde India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • DPS (Digitalization and Productivity Solutions) includes CES capex estimation and digital capex approval tools, no specific amounts given. (Page 17)
  • PED (Project Engineering Division) shows strong order book INR 14,200 million as of 31 Mar 2023, supporting growth in 2024. (Page 15,12)
  • Installation of solar panels planned as alternate renewable power source; status: initiative in pipeline, no timeline or amount given. (Page 16)
  • ASUs (Air Separation Units): Over 100 ASUs built in India; world's largest ASUs (5 x 5250 TPD) installed at Jamnagar; no new plant details or timelines specified. (Page 7)

2 more points management made on capital expenditure plans

Top-ranked in Chemicals & Petrochemicals

Ranked on what management guided this quarter

5x potential
Rev 1Mar 2
2Yasho Industries
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 1
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Linde India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation reports the following regarding order book, inflow, or pending orders: - PED (Project Engineering Division) recorded revenue of 9,202 MINR from January 2022 to March 2023. - PED had an order book position of 14,200 MINR as of 31st March 2023. - The strong order book position is supporting decent growth in 2024.

2 more points management made on order book & pipeline

Linde India Ltd — Quarterly revenue & net profit

Revenue Net profit
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹701 Cr, net profit ₹192 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Chemicals & Petrochemicals this season

  • GOCL Corporation Ltd (Q1 FY24)

    FY23 consolidated income: Rs 1410 crores, up from Rs 623 crores in FY22 (126% increase) [Page 8, 11] . Key investor presentation takeaways from GOCL Corporation

  • DMCC Speciality Chemicals Ltd (Q1 FY24)

    Q1FY24 Revenue from Operations: ₹85.59 crore, down 24.52% YoY. Key investor presentation takeaways from DMCC Speciality Chemicals Ltd's Q1 FY24 investor present

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Frequently Asked Questions

What were Linde India Ltd Q1 FY24 results?

Revenue & EBITDA for Gases and Project Engineering Division (PED) (Jan 2022 - Mar 2023, 15 months): - Total Revenue up 48% to 31,355 MINR from 21,120 MINR (Dec 2021) - Gases revenue up by 33% (+5, EBITDA (pre-exceptional) for the 15 months ended 31 March 2023: 8,729 MINR, up 45% from 6,013 MINR (Year ended 31 Dec 2021) - EBITDA margin: 27.8%, down 63 basis points from 28.5% (due to higher PED sales) - Gases division EBITDA up 38%, PED EBITDA up 130% for the 15 months period - PAT (Profit After Tax) for the 15 months ended 31 March 2023: 5,139 MINR, slightly down by about 4% from 5,358 MINR in prior year - Revenue growth: 48% up to 31,355 MINR from 21,120 MINR - No explicit quarterly EBITDA, margin, or PAT data or outlook stated for a specific quarter or any margin outlook mentioned in the presentation.

What is Linde India Ltd share price analysis?

Linde India Ltd currently shows a neutral. The stock trades at a P/E of 97.0 with a market cap of ₹53,228 Cr. Investors should review the full earnings analysis for detailed insights.

Is Linde India Ltd planning capital expenditure?

DPS (Digitalization and Productivity Solutions) includes CES capex estimation and digital capex approval tools, no specific amounts given.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.