Case study

LINDEINDIA

Linde India

Tread carefully1y model -10.1%

Each stock's 10,000-path forecast, rendered as light.

0Score

Linde India (LINDEINDIA) Stock Analysis & Case Study

Is LINDEINDIA a good buy? The data-driven verdict.

Linde India (LINDEINDIA) trades at ₹7,414,on the numbers it tread carefully, a Downstox Snapshot Score of 39/100.

On the numbers, Linde India (LINDEINDIA) tread carefully, a Downstox Snapshot Score of 39/100, weighing expensive at 115.0× earnings, ROE of 13.6%, a 37% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 20272031.

Last updated . Data snapshot for research, not investment advice.

LINDEINDIA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹63,087 Cr
Current price
₹7,414
P/E ratio
115.0×
P/B ratio
14.83×
Book value
₹500
Dividend yield
0.06%
ROCE
18.2%
ROE
13.6%
Piotroski F-Score
4/9

Is LINDEINDIA overvalued? LINDEINDIA P/E vs its sector

LINDEINDIA's P/E of 115.0× sits above the sector peer median of 15.9×, so on earnings it screens richer than peers, while its 0.06% dividend yield is below the peer median of 1.65%.

LINDEINDIA P/E
115.0×
Peer median P/E
15.9×
LINDEINDIA div yield
0.06%
Peer median yield
1.65%

LINDEINDIA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of LINDEINDIA history (-5%/yr drift, 33%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
LINDEINDIA 2027₹4,383₹6,709₹10,208-10%
LINDEINDIA 2028₹3,308₹6,044₹11,070-19%
LINDEINDIA 2029₹2,608₹5,403₹11,289-28%
LINDEINDIA 2030₹2,091₹4,862₹11,332-35%
LINDEINDIA 2031₹1,696₹4,381₹11,232-41%

Median (P50) is the central estimate; the P10–P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability LINDEINDIA goes up, or doubles?

37%
Higher in 1 year
Modelled chance the price is above today in 12 months
23%
Higher in 5 years
Modelled chance the price is above today in 5 years
5%
Doubles in 5 years
Modelled chance of reaching ₹14,921 within 5 years

The bull case for LINDEINDIA

  • A healthy 13.6% return on equity.
  • Strong ROCE (18.2%) shows the core business earns well above its cost of capital.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹11,289.

The bear case & risks

  • A rich 115.0× P/E leaves a thin margin of safety if growth slows.
  • A steep 14.8× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • The probability model is cautious 12 months out, only a 37% chance of finishing above today's price.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹2,608.

LINDEINDIA volatility & expected range, how bumpy is the ride?

Over the last 2.0 years LINDEINDIA compounded at -5%/year with annualized volatility of 33%. That volatility implies a 1-year 80% range of ₹4,383₹10,208, the honest backbone behind any single price target.

LINDEINDIA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 2.0 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
10.1%
80% range₹4,383–₹10,208
P(price ↑)37%
P(price 2×)1%
3-Year Forecast
2029
₹0
Median (P50)
27.6%
80% range₹2,608–₹11,289
P(price ↑)28%
P(price 2×)4%
5-Year Forecast
2031
₹0
Median (P50)
41.3%
80% range₹1,696–₹11,232
P(price ↑)23%
P(price 2×)5%

LINDEINDIA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
LINDEINDIA simulated paths · 60 months · 10,000 trials
P10–P90 (80%)P25–P75 (50%)Median (P50)

Probability of key outcomes

What are the odds LINDEINDIA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the LINDEINDIA price target & forecast page.

LINDEINDIA Piotroski F-Score: 4/9, how financially strong is it?

4/9

The Piotroski F-Score grades financial strength on nine profitability, leverage and efficiency checks. LINDEINDIA scores 4/9,mixed financial health.

LINDEINDIA MTF margin & leverage, Upstox, Zerodha, Groww, Dhan

Margin Trading Facility lets you buy LINDEINDIA with part of the capital. Lower margin % = higher leverage. Rates compared across brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST30.4%3.3×
ZerodhaCHEAPEST30.4%3.3×
DhanCHEAPEST30.4%3.3×

Compare every broker on the LINDEINDIA MTF page.

LINDEINDIA vs peers,sector comparison

StockP/EDiv yieldMarket cap
LINDEINDIA (this stock)115.0×0.06%₹63,087 Cr
RELIANCE23.1×0.45%₹17.95L Cr
TCS14.7×3.01%₹7.69L Cr
HDFCBANK15.9×1.65%₹12.11L Cr
INFY14.4×4.51%₹4.32L Cr
ICICIBANK17.9×0.81%₹9.70L Cr
SBIN11.5×1.67%₹9.61L Cr

About Linde India: sector, index & market-cap context

Linde India (LINDEINDIA) is a mid-cap NSE-listed company, and a constituent of the Nifty 100 index group, with a market capitalisation of ₹63,087 Cr. See more Nifty 100 stocks.

How the LINDEINDIA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Linde India's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

LINDEINDIA analysis, FAQs

Is Linde India (LINDEINDIA) a good buy?

On the numbers, Linde India (LINDEINDIA) tread carefully, a Downstox Snapshot Score of 39/100, weighing expensive at 115.0× earnings, ROE of 13.6%, a 37% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is LINDEINDIA overvalued or undervalued?

LINDEINDIA trades at 115.0× earnings versus a peer median of 15.9×, so it screens richer than its sector peers.

What is the LINDEINDIA share price target for 2031?

LINDEINDIA's probability-weighted 2031 median target is ₹4,381, with an 80% range of ₹1,696₹11,232 (10,000-path Monte-Carlo).

What is the probability LINDEINDIA doubles in 5 years?

The modelled probability of LINDEINDIA reaching ₹14,921 (2×) within 5 years is 5%.

What is the bull case for LINDEINDIA?

A healthy 13.6% return on equity. Strong ROCE (18.2%) shows the core business earns well above its cost of capital.

What are the risks in LINDEINDIA?

A rich 115.0× P/E leaves a thin margin of safety if growth slows. A steep 14.8× price-to-book means most of the value is intangible/expectations, not assets on the books. The probability model is cautious 12 months out, only a 37% chance of finishing above today's price.

More on LINDEINDIA