# LINDEINDIA (LINDEINDIA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/lindeindia

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹6,243
- Change: +2.44%
- As of: 2026-09-18
- 1D return: +2.41%
- 5D return: +0.22%
- 1M return: -6.77%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, LINDEINDIA's technical stance is primarily bearish across daily, weekly, and monthly timeframes, with the current price of ₹6241.5 trading below key moving averages and trend indicators on all observed periods. Daily indicators suggest a weakening trend, with the Average Directional Index (ADX) at 30.71 and the plus Directional Indicator (plus DI) below the minus Directional Indicator (minus DI), indicating bearish momentum. Weekly and monthly timeframes also show the price below their respective Supertrend indicators and moving averages, reinforcing the bearish outlook. The stock is currently positioned within its recent trading range, with the nearest support identified at ₹6197.17 and resistance observed around ₹6246.33. Recent market activity includes two positive attention events and one neutral event in the past 30 days, alongside an unusual price move upwards on September 18, 2026, with high participation but no clear direction.

The stock exhibits elevated risk, with annualized volatility at 31% and a current drawdown of -20%. The Average True Range (ATR) as a percentage of the price is 2.32%, indicating typical daily price fluctuation. The formation of a Doji and Harami pattern on the weekly chart, alongside a Morning Star pattern on the daily chart as of September 18, 2026, suggests potential for a shift in momentum, though the broader trend remains bearish.

Key watch conditions include monitoring the price action around the nearest support level of ₹6197.17. A break below this level could signal further downside. Conversely, a sustained move above the immediate resistance at ₹6246.33, followed by a break above subsequent resistance levels, would be needed to challenge the prevailing bearish trend. The ADX value of 30.71 on the daily chart suggests a trending market, and a significant shift in the DI readings or ADX value would be a key indicator of changing momentum.

- On September 18, 2026, LINDEINDIA's price of ₹6241.5 is below daily, weekly, and monthly moving averages and trend indicators, indicating a bearish technical stance across timeframes.
- The nearest support level is ₹6197.17, and immediate resistance is observed at ₹6246.33.
- Daily momentum indicators show a bearish bias, with ADX at 30.71 and minus DI above plus DI.
- The stock shows elevated risk with 31% annualized volatility and a current drawdown of -20%.
- Watch for a break below ₹6197.17 to confirm further downside, or a sustained move above ₹6246.33 to signal a potential trend shift.

- Doji
- Harami
- Morning Star
- Inside Bar

### What Changed

As of the observation date September 18, 2026, Linde India's stock traded at ₹6,241.5, a slight increase from its previous price of ₹6,094.5. There were no new filings or significant news directly impacting Linde India reported on this date. A news report mentioned Karnataka attracting investors in the semiconductor sector, with Euler Motors in talks and Samsung Electronics having existing operations, but Linde India was not explicitly named in this context. The company's continuing context remains its listing on the NSE.

- On September 18, 2026, Linde India's stock price was ₹6,241.5.
- The stock price on September 17, 2026, was ₹6,094.5.
- No new corporate filings were reported for Linde India as of September 18, 2026.
- A news report on September 18, 2026, discussed Karnataka attracting semiconductor sector investors, but did not directly mention Linde India.

- Karnataka woos investors at Semicon India; Euler Motors among firms in talks

### Official Filings

Linde India Limited has updated its Key Managerial Personnel (KMP) with the appointment of Mr. Vikash Dokania as Chief Financial Officer (CFO), effective September 15, 2026. He succeeds Mr. Ajay Kumar Sah, who served as Interim CFO. This change was approved by the Board on August 11, 2026. The company also reported its unaudited financial results for the quarter ended June 30, 2026, with standalone profit before tax at ₹1,381.19 million and consolidated profit before tax at ₹1,396.80 million. Shareholders approved the audited financial statements for the year ended March 31, 2026, and declared a total dividend of ₹12 per share, including a special dividend of ₹8 per share, at the 90th Annual General Meeting held on August 13, 2026. The company's auditor reports for FY 2025-26 contained qualifications, which were addressed by management. Linde India is also involved in ongoing legal proceedings with SEBI concerning related party transactions and a joint venture agreement with Praxair India, with an appeal pending before the Supreme Court of India. The ultimate outcome and financial impact of these legal matters remain undetermined.

- Mr. Vikash Dokania appointed Chief Financial Officer effective September 15, 2026.
- Unaudited standalone profit before tax for the quarter ended June 30, 2026, was ₹1,381.19 million.
- Unaudited consolidated profit before tax for the quarter ended June 30, 2026, was ₹1,396.80 million.
- A total dividend of ₹12 per share was declared at the Annual General Meeting on August 13, 2026.
- The company disclosed qualifications in auditor reports for FY 2025-26.
- Legal proceedings with SEBI regarding related party transactions are ongoing, with an appeal pending before the Supreme Court.

- Linde India Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Linde India Limited has informed the Exchange regarding 'Updated contact details of Key Managerial Personnel for determining materiality of events/information and makingdisclosures'. |SUBJECT: Updates
- Linde India Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 13, 2026 |SUBJECT: Shareholders meeting
- Linde India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 13, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- LINDE INDIA LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Linde India Limited has informed the Exchange regarding Outcome of Board Meeting held on August 11, 2026. |SUBJECT: Outcome of Board Meeting
- Linde India Limited has informed the Exchange regarding Appointment of Mr Vikash Dokania as Chief Financial Officer of the company w.e.f. September 15, 2026. |SUBJECT: Appointment
- Linde India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026. |SUBJECT: Outcome of Board Meeting

### Fundamentals

Linde India's recent operating performance shows a mixed trend across its latest reported quarters. Revenue from operations stood at ₹694.36 crore in Q1 FY2026-27, a decrease from ₹701.03 crore in Q3 FY2025-26, but an increase from ₹614.33 crore in Q4 FY2025-26. Profit Before Tax followed a similar pattern, with ₹138.05 crore in Q1 FY2026-27, down from ₹194.08 crore in Q3 FY2025-26, but up from ₹115.40 crore in Q4 FY2025-26. The net profit for the period also mirrored this trajectory, reporting ₹104.59 crore in Q1 FY2026-27, compared to ₹193.33 crore in Q3 FY2025-26 and ₹77.45 crore in Q4 FY2025-26. The company's tax expense was ₹35.09 crore in Q1 FY2026-27, ₹38.58 crore in Q4 FY2025-26, and ₹51.51 crore in Q3 FY2025-26.

Examining the profitability from continuing operations, Profit Loss For Period From Continuing Operations was ₹102.97 crore in Q1 FY2026-27, down from ₹142.57 crore in Q3 FY2025-26 and up from ₹76.82 crore in Q4 FY2025-26. The sequential performance from Q4 FY2025-26 to Q1 FY2026-27 indicates a recovery in both revenue and profit metrics. Key areas to monitor include the sustainability of this sequential improvement and the factors influencing the fluctuations observed between Q3 FY2025-26 and subsequent quarters.

- Revenue from operations was ₹694.36 crore in Q1 FY2026-27.
- Profit Before Tax was ₹138.05 crore in Q1 FY2026-27.
- Profit Loss For Period was ₹104.59 crore in Q1 FY2026-27.
- Tax Expense was ₹35.09 crore in Q1 FY2026-27.
- Profit Loss For Period From Continuing Operations was ₹102.97 crore in Q1 FY2026-27.

### Bull Case

The company's year-to-date return on the NSE was positive at 6%, indicating an upward movement in its stock price over the period. While recent short-term returns have been mixed, the year-to-date performance suggests a constructive trend. The company's stock is currently trading near a support level, with the nearest identified support at ₹6197.17, which is 0.71% below the current price. This proximity to a support level may be viewed constructively by some investors.

- Year-to-date return on NSE as of 2026-09-18 was 6%.
- The stock is trading near a support level of ₹6197.17, which is 0.71% below the current price.

- Karnataka woos investors at Semicon India; Euler Motors among firms in talks

### Bear Case

The company's technical indicators suggest a bearish trend across multiple timeframes. The daily trend shows the closing price of ₹6241.5 is below the 20-day Exponential Moving Average (EMA) of ₹6357.66 and the 50-day EMA of ₹6605.55. The Super Trend indicator on the daily chart is also set at ₹6512.81 in a bearish direction. Similarly, the weekly and monthly trends also indicate a bearish Super Trend direction at ₹7275.75 and ₹8636.38, respectively, with the 20-day EMA above the current price on the weekly chart. Recent returns show a decline over several periods, with a 3-month return of -0.14 and a 6-month return of -0.14. The stock has also experienced a current drawdown of -0.2 and a maximum drawdown of -0.25, indicating significant price declines from recent peaks.

- The daily Super Trend indicator is bearish at ₹6512.81 as of 2026-09-18.
- The 3-month and 6-month returns are both -0.14.
- The current drawdown is -0.2, with a maximum drawdown of -0.25.
- The closing price of ₹6241.5 is below the 20-day EMA (₹6357.66) and 50-day EMA (₹6605.55) on the daily chart.

- Karnataka woos investors at Semicon India; Euler Motors among firms in talks

### FAQs

**What were the key outcomes of Linde India's 90th Annual General Meeting held on August 13, 2026?**

At the Annual General Meeting on August 13, 2026, Linde India's shareholders approved the audited financial statements for the year ended March 31, 2026. A total dividend of ₹12 per share was declared, which included a special dividend of ₹8 per share. The meeting also saw the re-appointment of Michael James Devine as a director and the ratification of remuneration for cost auditors M/s. Mani & Co. for the financial year ending March 31, 2027. It was also disclosed that both the Independent Auditor's Report and the Secretarial Audit Report for FY 2025-26 contained qualifications, which were addressed with management's responses.

**Has there been any recent change in Linde India's Key Managerial Personnel?**

Yes, Linde India updated its Key Managerial Personnel list on September 15, 2026. Mr. Vikash Dokania was appointed as the Chief Financial Officer, effective from September 15, 2026. This appointment follows the cessation of Mr. Ajay Kumar Sah from his role as Interim Chief Financial Officer. The authorized personnel for determining materiality and making disclosures now include Mr. Milan Sadhukhan (Managing Director), Mr. Amit Dhanuka (Company Secretary), and Mr. Vikash Dokania.

**What are Linde India's recent period returns and volatility metrics as of September 18, 2026?**

As of September 18, 2026, Linde India's period returns show a 2% return in the last day, a 2% decrease over the last 10 days, and a 7% decrease over the last month. The year-to-date return was 6%. The company's annualized volatility was 31%, with a current drawdown of -20% and a maximum drawdown of -25%.

**What is the current technical trend for Linde India based on daily and weekly indicators as of September 18, 2026?**

As of September 18, 2026, Linde India's daily trend indicators suggest a bearish sentiment, with the Supertrend pointing to a bearish direction and the 20-day Exponential Moving Average (EMA) showing a negative slope. Similarly, the weekly trend also indicates a bearish direction according to the Supertrend, with the 20-day EMA also exhibiting a negative slope.

- Karnataka woos investors at Semicon India; Euler Motors among firms in talks
- Linde India Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Linde India Limited has informed the Exchange regarding 'Updated contact details of Key Managerial Personnel for determining materiality of events/information and makingdisclosures'. |SUBJECT: Updates
- Linde India Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 13, 2026 |SUBJECT: Shareholders meeting
- Linde India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 13, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- LINDE INDIA LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹6,096.67
- Risk regime: Price Risk Requires Attention

### Support levels
- 6191.25
- 6049.554296875
- 5906.7

### Resistance levels
- 6319.4328125
- 6489.828125
- 6534.843505859375

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +2.41% |
| return_10 | -2.06% |
| return_1m | -7.20% |
| return_1y | -3.17% |
| return_20 | -6.77% |
| return_3m | -14.21% |
| return_5 | +0.22% |
| return_6m | -13.57% |
| return_since_start | +2.66% |
| return_ytd | +5.64% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -24.95% |
| annualized_volatility | +31.17% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Top-Line Growth Expands While Profit Margins Narrow

Linde India reported revenue of ₹694.36 crore for the first quarter of fiscal year 2026-27, ended 30 June 2026, rising 13.0% from the preceding March quarter and 21.6% from the same period a year earlier. Profit before tax, however, declined 2.9% year-on-year to ₹138.05 crore, and net profit from continuing operations fell 2.0% to ₹102.97 crore. The profit before tax margin contracted from 24.9% to 19.9%, indicating that total expenses grew at a faster rate than revenue.

## Revenue and Inter-Segment Activity

Revenue from operations increased to ₹694.36 crore, compared with ₹614.33 crore in the March quarter and ₹571.08 crore in the prior year’s first quarter. 

Inter-segment revenue—internal transfers between business divisions that are eliminated in consolidated reporting—fell sharply to ₹74.62 crore. This represents a decline from ₹132.75 crore in the preceding quarter and ₹182.63 crore a year ago. The contraction in internal transfers occurred alongside continued growth in externally billed revenue.

## Profitability and Expense Trends

Profit before tax reached ₹138.05 crore, up 19.6% sequentially from ₹115.40 crore in March, but remained below the ₹142.22 crore recorded in the year-ago quarter. Net profit from continuing operations was ₹102.97 crore, down from ₹105.07 crore a year earlier. The profit before tax margin narrowed to 19.9% from 24.9%.

Several expense lines moved higher during the quarter. Finance costs increased to ₹5.94 crore from ₹3.15 crore a year ago, a rise of 88.6%. Other unallocable expenditure (net of unallocable income) rose to ₹11.71 crore from ₹10.72 crore. Tax expense decreased to ₹35.09 crore from ₹37.15 crore, partially offsetting the impact of higher operating and financing costs on the bottom line.

## Segment Performance

Segment profit before tax was ₹139.68 crore, down from ₹144.34 crore in the prior year’s first quarter. The segment profit margin declined from 25.3% to 20.1%, tracking the broader margin compression seen at the company level. Sequentially, segment profit improved from ₹116.02 crore in the March quarter. 

The difference between segment profit before tax and the company-wide profit before tax of ₹138.05 crore was ₹1.63 crore, compared to a ₹2.12 crore difference in the year-ago quarter.

## Earnings Per Share

Basic earnings per share from continuing operations was ₹12.26, down from ₹12.57 in the same quarter last year and up from ₹9.08 in the March quarter. The movement aligns with the underlying net profit trend, as the number of outstanding shares remained stable throughout the period.

## Key Takeaway

Revenue expanded 21.6% year-on-year and rebounded sequentially in the June quarter. However, profit margins contracted as expense growth outpaced top-line gains, leaving net profit slightly below the prior year’s level. Inter-segment revenue fell sharply, reflecting a shift in internal business activity. The quarter demonstrates clear top-line expansion alongside cost pressures that limited earnings growth.

### Ratios

## Official filings

- 2026-09-17 — Generic Announcement: Linde India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_17092026150359_LIL_Newspaper_Publication_17092026.pdf)
- 2026-09-15 — Generic Announcement: Linde India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_15092026163009_LIL_Contact_details_of_KMP_15092026.pdf)
- 2026-08-13 — Generic Announcement: Linde India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_13082026172514_Linde_India_Proceedings.pdf)
- 2026-08-13 — Generic Announcement: Linde India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_13082026174640_Linde_India_Voting_results_AGM.pdf)
- 2026-08-11 — Management Change: Linde India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_218_WebXMLFile_20260811_191300217.xml)
- 2026-08-11 — Generic Announcement: Linde India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_11082026190415_Outcome_of_BM_August_2026.pdf)
- 2026-08-11 — Management Change: Linde India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_11082026190021_Outcome_of_BM_August_2026.pdf)
- 2026-08-11 — Management Change: Linde India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_11082026183143_Outcome_of_BM_August_2026.pdf)
- 2026-07-21 — Generic Announcement: Linde India Limited is holding its 90th Annual General Meeting on August 13, 2026, via video conference. The Annual Report for the 2025-26 financial year is available on the company's website, www.lindeindia.in, for members whose email addresses are not registered. This communication is in compliance with SEBI Listing Regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_21072026180420_Linde_India_SE_Intimation_Letter_36_1_b_90th_AGM.pdf)
- 2026-07-21 — Generic Announcement: Linde India Limited has published a notice regarding its 90th Annual General Meeting, E-Voting, and Book Closure, scheduled for August 13, 2026. The company has sent its Annual Report for 2025-26 to members electronically on July 20, 2026. The notice was published in Business Standard and Aajkaal on July 21, 2026. The book closure period is from August 7 to August 13, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_21072026181150_LIL_SE_intimation_Newspaper_Publication_Notice_of_90th_AGM.pdf)
- 2026-07-20 — Official Filing: LINDE INDIA LIMITED will hold its 90th Annual General Meeting on Thursday, August 13, 2026, at 10:00 AM via Video Conference (VC) or Other Audio-Visual Means (OAVM). The meeting agenda includes the adoption of audited financial statements for the year ended March 31, 2026, declaration of a dividend for the same period, the re-appointment of Director Michael James Devine, and the ratification of remuneration for M/s. Mani & Co., Cost Auditors for the financial year ending March 31, 2027.
- 2026-07-20 — Generic Announcement: Linde India submitted its Business Responsibility and Sustainability Report for the Financial Year 2025-26 on July 20, 2026. The report, which forms part of the Annual Report 2025-26, was submitted to the National Stock Exchange of India Ltd. and BSE Limited. The company's paid-up capital is Rs. 852,842,230/-. The report was prepared on a standalone basis and assured by Price Waterhouse & Co Chartered Accountants LLP with Reasonable Assurance. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_20072026163335_Linde_India_BRSR_to_SE_90th_AGM.pdf)
- 2026-07-20 — Generic Announcement: Linde India Limited has announced its 90th Annual General Meeting (AGM) will be held on August 13, 2026, via Video Conference. The company has commenced dispatching the Notice of the AGM and the Annual Report for the financial year ended March 31, 2026, to its shareholders. Key agenda items include the adoption of financial statements, declaration of a 120% dividend, re-appointment of Director Michael James Devine, and ratification of remuneration for Cost Auditors M/s. Mani & Co. at Rs. 2,30,000 plus applicable taxes. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_20072026162336_Linde_India_Notice_to_SE_90th_AGM.pdf)
- 2026-07-14 — Generic Announcement: On July 13, 2026, Linde India Limited invested Rs. 699,099,984.30 in Zenataris Renewable Energy Private Limited, a Special Purpose Vehicle of Fourth Partner Energy Private Limited. This investment, representing the final tranche of a planned Rs. 105 Crores, resulted in Linde India acquiring 8,293,001 equity shares, or 26.77% ownership, in the renewable energy company. The transaction was completed on July 14, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_14072026180219_Linde_India_Investment_in_Zenataris_14072026.pdf)
- 2026-07-09 — Generic Announcement: Linde India Limited will hold its 90th Annual General Meeting (AGM) via Video Conference (VC)/Other Audio-Visual Means (OAVM) on August 13, 2026. The book closure for determining dividend entitlement is from August 7 to August 13, 2026, with a record date of August 6, 2026. Sonata Software Limited will hold its 31st AGM on July 31, 2026, also via VC/OAVM. The record date for its FY 2025-26 final dividend is July 17, 2026, with book closure from July 24 to July 30, 2026. Remote e-voting for Sonata Software will be open from July 27 to July 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_09072026183240_LIL_Newspaper_Publication_Pre_Advt_09072026.pdf)
- 2026-07-06 — Generic Announcement: Linde India Limited received a confirmation certificate from KFin Technologies Limited on July 3, 2026, stating compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026. This certificate confirms that details of securities dematerialized or rematerialized have been furnished to the stock exchanges where the company's shares are listed. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_06072026105911_Linde_India_Certificate_under_Reg_74_5_30062026.pdf)
- 2026-06-30 — Generic Announcement: Linde India Limited responded to the National Stock Exchange of India on June 30, 2026, regarding an inquiry about an increase in trading volume. The company confirmed that as of that date, there are no pending disclosures required under SEBI regulations that would explain the volume change. Linde India stated it will continue to comply with disclosure requirements for any future material events. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_30062026112256_LIL_Clarification_for_Spurt_in_Volume_30062026.pdf)
- 2026-06-26 — Generic Announcement: Linde India Limited will close its trading window for designated persons and their immediate relatives from July 1, 2026, to allow for the board's approval and announcement of the unaudited financial results for the quarter ending June 30, 2026. The trading window will reopen 48 hours after the financial results are announced to the stock exchanges. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_26062026175147_Closure_of_Trading_Window_SEs_30062026.pdf)
- 2026-06-12 — Generic Announcement: Linde India Limited declared a dividend of 120% (Rs. 12 per equity share) for the financial year ended March 31, 2026, with a record date of August 6, 2026. The company is informing shareholders about tax deduction at source (TDS) provisions under the Income-Tax Act, 2025, requiring updated details like PAN and residential status by August 6, 2026, to facilitate dividend payment and tax compliance. Required documents for TDS exemptions or lower rates must be submitted by July 27, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_12062026150309_Linde_India_SE_TDS_Intimation_90th_AGM.pdf)
- 2026-06-01 — Generic Announcement: Linde India Limited has published extracts of its consolidated financial results for the quarter and year ended March 31, 2026. These results were approved by the Board of Directors on May 30, 2026, and the publications were made on June 1, 2026, in compliance with SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_01062026121034_Linde_India_Newspaper_Publication_AFR_31032026.pdf)
- 2026-05-30 — Generic Announcement: The Board of Directors of Linde India Limited, in their meeting on May 30, 2026, approved the audited standalone and consolidated financial results for the fiscal year ending March 31, 2026. The statutory auditors issued a modified opinion on these results. The Board also recommended a dividend of 120% (Rs. 12 per share) and scheduled the 90th Annual General Meeting for August 13, 2026, with book closure from August 7 to August 13, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_30052026190858_Outcome_of_BM_30052026.pdf)
- 2026-05-30 — Generic Announcement: The Board of Directors of Linde India Limited, in their meeting on May 30, 2026, approved the audited standalone and consolidated financial results for the fiscal year ending March 31, 2026. The statutory auditors issued a modified opinion on these results. The Board also recommended a dividend of 120% (Rs. 12 per share) and scheduled the 90th Annual General Meeting for August 13, 2026, with book closure from August 7 to August 13, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_30052026190629_Outcome_of_BM_30052026.pdf)
- 2026-05-30 — Generic Announcement: The Board of Directors of Linde India Limited, in their meeting on May 30, 2026, approved the audited standalone and consolidated financial results for the fiscal year ending March 31, 2026. The statutory auditors issued a modified opinion on these results. The Board also recommended a dividend of 120% (Rs. 12 per share) and scheduled the 90th Annual General Meeting for August 13, 2026, with book closure from August 7 to August 13, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_30052026183527_Outcome_of_BM_30052026.pdf)
- 2026-05-30 — Generic Announcement: The Board of Directors of Linde India Limited, in their meeting on May 30, 2026, approved the audited standalone and consolidated financial results for the fiscal year ending March 31, 2026. The statutory auditors issued a modified opinion on these results. The Board also recommended a dividend of 120% (Rs. 12 per share) and scheduled the 90th Annual General Meeting for August 13, 2026, with book closure from August 7 to August 13, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_30052026184010_Outcome_of_BM_30052026.pdf)
- 2026-05-27 — Generic Announcement: Linde India Limited has commenced commercial production at its new 1,450 tonnes per day Air Separation Unit located at Jindal Stainless Ltd. works in Kalinganagar. The facility is designed to supply Oxygen, Nitrogen, and Argon to Jindal Stainless Ltd. and will also cater to the merchant market. This disclosure is in compliance with SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/LINDEINDIA1_27052026160715_Commencement_of_production_at_JSL_Kalinganagar.pdf)

## News and market events

- 2026-09-17 — Economic Times: **Karnataka woos investors at Semicon India; Euler Motors among firms in talks** — With Samsung Electronics already operating research and development facilities in Karnataka and having a presence in the semiconductor sector, Patil said the state had proposed that the company consider setting up manufacturing operations in Karnataka. — [Source](https://economictimes.indiatimes.com/news/company/corporate-trends/karnataka-woos-investors-at-semicon-india-euler-motors-among-firms-in-talks/articleshow/134315376.cms)
- 2026-08-11 — CNBC-TV18: **Q1 Results Highlights: Bata India profit up 23.1%, PI Industries profit down 39%** — Q1 Results Highlights: MRF, Ashoka Buildcon, Zydus Life, Bata India, Gokaldas Exports, Balrampur Chini, DAM Capital, EPack Durable, Delta Corp, Finolex Cables, JSW Paints, KPI Green, Landmark Cars, Manappuram Finance, Laxmi Dental, NBCC, RVNL, Senco Gold, Siemens Ltd, TD Power Systems and Venky's were among the companies that reported their results today. Investors also reacted to earnings from Vodafone Idea, Bosch, Zee Entertainment, Gland Pharma, among other companies. The blog tracked all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-vodafone-idea-bosch-mrf-bata-manappuram-nbcc-rvnl-zydus-life-zee-gland-ideaforge-share-price-liveblog-19966154.htm)
- 2026-08-11 — CNBC-TV18: **Stocks to Watch for August 12: Auto stocks, Manappuram Finance, NBCC, Larsen & Toubro and more** — From NBCC (India) reporting a 17.2% year-on-year rise in net profit to L&T entering into agreements with its wholly owned subsidiary Vyoma.AI; these are stocks to track ahead of Wednesday trading session. Investors will also keep an eye on Grasim Industries, Astral and Gujarat Fluorochemicals, which are scheduled to announce their Q1 FY27 results tomorrow, August 12. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-august-12-auto-stocks-manappuram-finance-nbcc-larsen-toubro-and-more-19966808.htm)
- 2026-08-11 — CNBC-TV18: **Linde India appoints Vikash Dokania as CFO effective September 15** — Linde India appointed Vikash Dokania as CFO, effective September 15, 2026. He replaces Interim CFO Ajay Kumar Sah. — [Source](https://www.cnbctv18.com/business/companies/linde-india-appoints-vikash-dokania-as-cfo-effective-september-15-19966868.htm)
- 2026-08-10 — CNBC-TV18: **Q1 Results LIVE Updates: Titan, Ola Electric react to earnings; Bharat Forge, Vodafone Idea report today** — Q1 Results LIVE Updates: Bharat Forge Vodafone Idea, Hindustan Copper, Wockhardt, Info Edge, Zee Entertainment, Linde India, ideaForge, Gland Pharma, Bosch, Astra Micro, AstraZeneca Pharma, are among the companies reporting their earnings today. Earnings reactions will come from stocks like Kaynes Tech, PFC, Delhivery and many other stocks. Watch this space for all the LIVE results updates of the first quarter. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-vodafone-idea-bharat-forge-pfc-kaynes-sbi-oil-titan-wockhardt-hind-copper-delhivery-ola-share-price-liveblog-19965183.htm)
- 2026-07-15 — The Hindu: **Sensex today | Stock Market Live: Sensex jumps nearly 550 points, Nifty tops 24,200 as earnings lift sentiment** — Sensex, Nifty, Share Prices LIVE:  Indian benchmark indices trade higher on Wednesday, tracking positive global cues as investors shifted focus to the earnings season. Easing oil prices, optimism over the India-UK trade pact and encouraging early corporate results further supported market sentiment. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-15-july-2026/article71220956.ece)

## Business profile

**Strategic vision:** Industrial gases and engineering solutions provider.

### Business segments
- **Industrial Gases and Engineering:** This segment focuses on providing industrial, specialty, and healthcare gases and mixtures, along with related equipment and application solutions. It also includes the design, supply, installation, and commissioning of air separation units and other gas plants.
- **Project Engineering Division (PED):** The Project Engineering Division specializes in the design, supply, installation, and commissioning of tonnage air separation units, nitrogen plants, PSA plants, and gas distribution systems. It also manufactures cryogenic vessels.

### Competitive strengths
- Operates a significant network of facilities across India.
- Owns the country's largest air separation plant.
- Member of a global industrial gases and engineering company.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/lindeindia
Markdown representation: https://faxioms.com/stocks/lindeindia?render=md