Linde India Ltd Q2 FY27 results are out (Jul–Sep 2026) →Revenue ₹723 Cr +12.3% YoYSee revenue, profit and what management said. You are viewing Q1 FY24.
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Linde India Ltd

Q1 FY24Chemicals & Petrochemicals

Linde India Q1 FY24 earnings call: Revenue & Margins

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

Linde India Ltd Q1 FY24 key numbers

Revenue
Volume: More than 20 lakh m3 of compressed gases sold monthly in 150,000+ cylinders.

As stated in Linde India Ltd's Q1 FY24 investor presentation · published 24 Sept 2026. Reported figures, not investment advice.

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 investor presentation reports, not management guidance.

Price₹6,196
Market cap₹53.2K Cr
P/E97.0

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

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
  • 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 from Linde India Ltd's call on revenue

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Profitability & Margins

EBITDA (pre-exceptional) for the 15 months ended 31 March 2023: 8,729 MINR, up 45% from 6,013 MINR (Year…

Locked: what Linde India Ltd said on margins

Also locked on this page: fundraising

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Capital Expenditure Plans

  • (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)
  • (Page 16)

2 more points from Linde India Ltd's call on capex

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Top-ranked in Chemicals & Petrochemicals

Ranked on what management guided this quarter

Guidance-ranked
2Shiv Texchem
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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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

The presentation on page 13 (Balance Sheet Mar 2023) highlights a strong balance sheet position with zero…

Locked: what Linde India Ltd said on fundraising

Also locked on this page: margins

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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.

2 more points from Linde India Ltd's call on order book

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Linde India Ltd — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27
Sep 2026Q2 FY27

Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹723 Cr, net profit ₹115 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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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

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.

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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.