Linde IndiaNSE:LINDEINDIA -1.35%80 Interest Coverage is 42.17 as of Mar. 2026, which is 11% above its 10-year median of 38.15. GuruFocus rates NSE:LINDEINDIA with a GF Score™ of 80/100 and a GF Value™ of ₹7,581.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,234 Chemicals companies, Linde India ranks better than 75.12% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Linde India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹1,121 Mil. Linde India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-27 Mil.
Linde India's interest coverage for the quarter that ended in Mar. 2026 was 42.17.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Linde India's Interest Coverage or its related term are showing as below:
NSE:LINDEINDIA'
s Interest Coverage Range Over the Past 10 Years
Min: 0.93 Med: 38.15 Max: 119.59
Current: 46.5
NSE:LINDEINDIA's Interest Coverage is ranked better than 75.12% of 1234
companies
in the Chemicals industry
Industry Median: 10.18
vs NSE:LINDEINDIA: 46.50
Linde India (NSE:LINDEINDIA) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Linde India Interest Coverage Related Terms
Linde India Interest Coverage Historical Data
* Premium members only.
The historical data trend for Linde India's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:LINDEINDIA vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Linde India's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Linde India Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Linde India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Linde India's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Linde India (NSE:LINDEINDIA) has a Interest Coverage of 42.17 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Linde India and its competitors. This is 11% above median its historical median of 38.15. Over the past decade, Linde India's Interest Coverage has ranged from 0.93 to 119.59. According to the industry distribution chart, Linde India ranks #307 out of 1234 companies in the Chemicals industry, placing it in the top 24.9%.
Is Linde India's Interest Coverage too high?
Linde India's current Interest Coverage of 42.17 is 11% above median its 10-year median of 38.15. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 119.59. The Chemicals industry median Interest Coverage is 10.18. Linde India's value of 42.17 is 314.2% above this industry median. Based on the distribution chart, Linde India ranks #307 out of 1234 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Linde India has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Linde India's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Linde India ranks #307 out of 1234 companies for Interest Coverage. This places Linde India in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.18. Linde India's value of 42.17 is 314.2% above this benchmark. Historically, Linde India's own Interest Coverage has ranged from 0.93 to 119.59 over the past decade. While the company's 10-year median is 38.15 vs. the industry median of 10.18, Linde India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Linde India's current Interest Coverage of 42.17 is 314.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Linde India and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde India's current Interest Coverage is 42.17, which is 11% above median its own 10-year median of 38.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde India stock overvalued right now?
Based on GuruFocus' analysis, Linde India (NSE:LINDEINDIA) is currently considered Fairly Valued. The stock's GF Value™ is ₹7,581.50, compared to a current price of ₹7,212.00 — trading 4.9% below its estimated fair value. The current Interest Coverage is 42.17, which is 11% above median its 10-year median of 38.15 and 314.2% above the Chemicals industry median of 10.18. Linde India's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Linde India (NSE:LINDEINDIA), the current Interest Coverage is 42.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Linde India (NSE:LINDEINDIA) Overvalued in 2026?
Based on GuruFocus' analysis, Linde India stock appears to be undervalued.
The current stock price of ₹7,212.00 is trading 4.9% below its estimated GF Value™ of ₹7,581.50.
GuruFocus considers Linde India to be Fairly Valued.
Key valuation signals for NSE:LINDEINDIA:
Interest Coverage: 42.17 (11% above median its 10-year median of 38.15)
GF Value™: ₹7,581.50 vs. price of ₹7,212.00 (4.9% below fair value)
Industry Position: 314.2% above the Chemicals median (#307 of 1234)
No single metric tells the full story. See the NSE:LINDEINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Linde India Ltd is a manufacturer of industrial gases. It operates in two segments: Gases and Related Products, which comprises pipeline gas supplies (Onsite) to large industrial customers, mainly the steel, glass, and chemical industries; and Project Engineering, which includes design, engineering, supply, installation, testing, and commissioning of Air Separation Plants and related projects on turnkey basis. The majority of its revenue comes from its Gases segment from the domestic market.
80GF Score
Get the complete analysis for NSE:LINDEINDIA
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:LINDEINDIA has been successfully added to your 
