Linde IndiaNSE:LINDEINDIA -1.68%75 Net Margin % is 12.61% as of Mar. 2026, which is 24% below its 10-year median of 16.60. GuruFocus rates NSE:LINDEINDIA with a GF Score™ of 75/100 and a GF Value™ of ₹7,472.78 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,586 Chemicals companies, Linde India ranks better than 95.59% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Linde India's Net Income for the
three
months ended in Mar. 2026 was ₹774 Mil. Linde India's Revenue for the
three
months ended in Mar. 2026 was ₹6,143 Mil. Therefore, Linde India's net margin for the quarter that ended in Mar. 2026 was 12.61%.
The historical rank and industry rank for Linde India's Net Margin % or its related term are showing as below:
NSE:LINDEINDIA'
s Net Margin % Range Over the Past 10 Years
Min: 0.8 Med: 16.6 Max: 41.29
Current: 21.69
NSE:LINDEINDIA's Net Margin % is ranked better than 95.59% of 1586
companies
in the Chemicals industry
Industry Median: 3.905
vs NSE:LINDEINDIA: 21.69
Linde India (NSE:LINDEINDIA) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Linde India Net Margin % Related Terms
Linde India Net Margin % Historical Data
* Premium members only.
The historical data trend for Linde India's Net Margin % 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.
NSE:LINDEINDIA vs LIN, SHW, ECL: Net Margin % Comparison
For the Specialty Chemicals subindustry, Linde India's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Linde India's Net Margin % distribution charts can be found below:
* The bar in red indicates where Linde India's Net Margin % falls into.
* 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 Net Margin % of 12.61% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Linde India and its competitors. This is 24% below median its historical median of 16.60. Over the past decade, Linde India's Net Margin % has ranged from 0.80 to 41.29. According to the industry distribution chart, Linde India ranks #70 out of 1586 companies in the Chemicals industry, placing it in the top 4.4%.
Is Linde India's Net Margin % too high?
Linde India's current Net Margin % of 12.61% is 24% below median its 10-year median of 16.60. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 41.29. The Chemicals industry median Net Margin % is 3.91. Linde India's value of 12.61% is 222.9% above this industry median. Based on the distribution chart, Linde India ranks #70 out of 1586 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 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Linde India's Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Linde India ranks #70 out of 1586 companies for Net Margin %. This places Linde India in the top 4% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.91. Linde India's value of 12.61% is 222.9% above this benchmark. Historically, Linde India's own Net Margin % has ranged from 0.80 to 41.29 over the past decade. While the company's 10-year median is 16.60 vs. the industry median of 3.91, 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 Net Margin % for a Chemicals company?
The median Net Margin % among Chemicals companies is 3.91, based on 1,586 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Linde India's current Net Margin % of 12.61% is 222.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Linde India and its competitors. For the Chemicals industry, the median Net Margin % is 3.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde India's current Net Margin % is 12.61%, which is 24% below median its own 10-year median of 16.60. 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 ₹7,472.78, compared to a current price of ₹7,021.50 — trading 6% below its estimated fair value. The current Net Margin % is 12.61%, which is 24% below median its 10-year median of 16.60 and 222.9% above the Chemicals industry median of 3.91. Linde India's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Linde India (NSE:LINDEINDIA), the current Net Margin % is 12.61% 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 ₹7,021.50 is trading 6% below its estimated GF Value™ of ₹7,472.78.
GuruFocus considers Linde India to be Fairly Valued.
Key valuation signals for NSE:LINDEINDIA:
Net Margin %: 12.61% (24% below median its 10-year median of 16.60)
GF Value™: ₹7,472.78 vs. price of ₹7,021.50 (6% below fair value)
Industry Position: 222.9% above the Chemicals median (#70 of 1586)
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.
75GF Score
Get the complete analysis for NSE:LINDEINDIA
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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