Linde India [LINDEINDIA] vs PI Industries [PIIND] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Linde India Ltd. wins in 9 metrics, PI Industries Ltd. wins in 11 metrics, with 0 ties. PI Industries Ltd. appears stronger overall.

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Vital Metrics Comparison

Metric Linde India Ltd. PI Industries Ltd. Better
P/E Ratio (TTM) 102.09 31.92 PI Industries Ltd.
Price-to-Book Ratio 15.78 4.28 PI Industries Ltd.
Debt-to-Equity Ratio 0.01 2.24 Linde India Ltd.
PEG Ratio 1.25 -1.94 Linde India Ltd.
EV/EBITDA 72.03 23.84 PI Industries Ltd.
Profit Margin (TTM) 23.52% 20.92% Linde India Ltd.
Operating Margin (TTM) 20.44% 14.31% Linde India Ltd.
EBITDA Margin (TTM) 20.44% 14.31% Linde India Ltd.
Return on Equity 11.91% 16.35% PI Industries Ltd.
Return on Assets (TTM) 8.84% 13.52% PI Industries Ltd.
Free Cash Flow (TTM) $-7.47B $5.63B PI Industries Ltd.
Dividend Yield 0.07% 0.48% PI Industries Ltd.
1-Year Return -3.08% -28.47% Linde India Ltd.
Price-to-Sales Ratio (TTM) 24.04 6.69 PI Industries Ltd.
Enterprise Value $601.84B $421.66B Linde India Ltd.
EV/Revenue Ratio 24.22 6.08 PI Industries Ltd.
Gross Profit Margin (TTM) 77.21% 59.01% Linde India Ltd.
Revenue per Share (TTM) $294 $457 PI Industries Ltd.
Earnings per Share (Diluted) $69.24 $95.78 PI Industries Ltd.
Beta (Stock Volatility) -0.11 0.43 Linde India Ltd.

Linde India Ltd. vs PI Industries Ltd. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Linde India Ltd.0.35%1.03%-5.60%-3.24%13.08%17.47%
PI Industries Ltd.-0.25%5.73%-9.00%-1.92%-12.66%-11.95%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Linde India Ltd.-3.08%54.28%347.20%2,182.51%2,298.47%4,310.71%
PI Industries Ltd.-28.47%-27.22%-0.40%318.33%3,761.01%3,761.01%

Performance & Financial Health Analysis: Linde India Ltd. vs PI Industries Ltd.

MetricLINDEINDIAPIIND
Market Information
Market Cap i₹602.87B₹465.67B
Market Cap CategoryLarge capLarge cap
10 Day Avg. Volume i41,507304,267
90 Day Avg. Volume i63,829268,604
Last Close₹6,940.00₹2,834.50
52 Week Range₹5,673.00 - ₹8,049.00₹2,657.20 - ₹4,330.00
% from 52W High-13.78%-34.54%
All-Time High₹9,935.05 (May 20, 2024)₹4,804.05 (Sep 16, 2024)
% from All-Time High-30.15%-41.00%
Growth Metrics
Quarterly Revenue Growth0.13%-0.28%
Quarterly Earnings Growth6.77%-0.17%
Financial Health
Profit Margin (TTM) i0.24%0.21%
Operating Margin (TTM) i0.20%0.14%
Return on Equity (TTM) i0.12%0.16%
Debt to Equity (MRQ) i0.012.24
Cash & Liquidity
Book Value per Share (MRQ)₹447.91₹713.68
Cash per Share (MRQ)₹2.26₹257.83
Operating Cash Flow (TTM) i₹6.49B₹15.78B
Levered Free Cash Flow (TTM) i₹4.55B₹16.60B
Dividends
Last 12-Month Dividend Yield i0.07%0.48%
Last 12-Month Dividend i₹4.50₹15.00

Valuation & Enterprise Metrics Analysis: Linde India Ltd. vs PI Industries Ltd.

MetricLINDEINDIA (Apr 22, 2026)PIIND (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i102.0931.92
Forward P/E i86.8430.72
PEG Ratio i1.25-1.94
Price to Sales (TTM) i24.046.69
Price to Book (MRQ) i15.784.28
Market Capitalization
Market Capitalization i₹602.87B₹465.67B
Enterprise Value i₹601.84B₹421.66B
Enterprise Value Metrics
Enterprise to Revenue i24.226.08
Enterprise to EBITDA i72.0323.84
Risk & Other Metrics
Beta i-0.110.43
Book Value per Share (MRQ) i₹447.91₹713.68

Financial Statements Comparison: Linde India Ltd. vs PI Industries Ltd.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricLINDEINDIA (2025)PIIND (2025)
Revenue/Sales i24.85B79.03B
Cost of Goods Sold i5.73B38.08B
COGS % of Revenue i23.0%48.2%
Gross Profit i19.13B40.95B
Gross Margin i77.0%51.8%
Research & Development iN/AN/A
Operating Income (EBIT) i5.49B19.09B
Operating Margin i22.1%24.2%
EBITDA i8.36B25.18B
EBITDA Margin i33.6%31.9%
Pre-Tax Income i6.14B21.42B
Pre-Tax Income % of Revenue i24.7%27.1%
Income Tax i1.59B4.82B
Income Tax % of Revenue i6.4%6.1%
Net Income (Profit) i4.55B16.60B
Profit Margin i18.3%21.0%

Balance Sheet & Liquidity Metrics

MetricLINDEINDIA (2025)PIIND (2025)
Cash & Equivalents i1.45B5.92B
Total Current Assets i9.94B69.52B
Total Current Assets % of Revenue i40.0%88.0%
Total Current Liabilities i10.26B17.28B
Total Current Liabilities % of Revenue i41.3%21.9%
Long-Term Debt i404.15M1.24B
Long-Term Debt % of Revenue i1.6%1.6%
Total Shareholders Equity i38.20B101.57B
Retained Earnings i29.35B76.42B
Retained Earnings % of Revenue i118.1%96.7%
Property, Plant & Equipment i190.57M33.18B

Cash Flow Statement Comparison

MetricLINDEINDIA (2025)PIIND (2025)
Operating Cash Flow i6.49B15.78B
Operating Cash Flow % of Revenue i26.1%20.0%
Capital Expenditures i-13.23B-8.38B
Free Cash Flow i-7.47B5.63B
FCF Margin i-30.1%7.1%
Debt Repayment iN/A-341.00M
Common Stock Repurchase iN/AN/A

Short Interest & Institutional Ownership Analysis

MetricLINDEINDIAPIIND
Shares Short iN/AN/A
Short Ratio iN/AN/A
Short % of Float iN/AN/A
Shares Outstanding i85.28M151.70M
Float Shares i18.42M80.95M
% Held by Insiders i76.98%46.52%
% Held by Institutions i7.91%40.03%
% Held by Public i15.11%13.45%

Dividend Analysis & Yield Comparison: Linde India Ltd. vs PI Industries Ltd.

MetricLINDEINDIAPIIND
Last 12-Month Dividend i₹4.50₹15.00
Last 12-Month Dividend Yield i0.07%0.48%
3-Year Avg Annual Dividend i₹4.33₹15.67
3-Year Avg Dividend Yield i0.07%0.18%
3-Year Total Dividends i₹13.00₹47.00
Ex-Dividend DateAug 07, 2025Feb 23, 2026