LINDEINDIA vs REFEX: Stock Comparison
Linde India Limited is the larger company by market capitalisation. Linde India Limited shows lower leverage and a higher net margin, while Refex Industries Limited shows a lower P/E, a higher ROE and a higher dividend yield. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.
Metric snapshot
LINDEINDIA leads 5; REFEX leads 8 of 13
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✓ marks the usual favourable reading; it is not a recommendation.
Key Differences
Each difference is a single, relative reading — StockeZee does not name an overall winner.
Profile
| Metric | LINDEINDIA | REFEX |
|---|---|---|
| Sector | Chemicals | Chemicals |
| Industry | Industrial Gases | Industrial Gases |
Price
| Metric | LINDEINDIA | REFEX |
|---|---|---|
| Live Price | ₹6,598.5 | ₹296.85 |
| Day Change | 1.62% | 2.36% |
| Volume | 27,522 | 3.34 L |
| 52-Week High | ₹8,049 | ₹415 |
| 52-Week Low | ₹5,673 | ₹188 |
| Distance from 52W High | -18.02% | -28.47% |
Valuation
| Metric | LINDEINDIA | REFEX |
|---|---|---|
| Market Cap | ₹56,623 Cr | ₹4,075 Cr |
| P/E Ratio | 102.98x | 16.41x |
| P/B Ratio | 13.19x | 2.71x |
| EPS | ₹64.5 | ₹17.97 |
| Book Value | ₹500.22 | ₹109.63 |
| Dividend Yield | 0.06% | 0.14% |
Growth
| Metric | LINDEINDIA | REFEX |
|---|---|---|
| Revenue Growth (TTM YoY) | 13.1% | 48.8% |
| EPS Growth (TTM YoY) | 676.4% | 87.5% |
| Qtr Sales Growth | 3.79% | 57.1% |
| Qtr Profit Growth | -34.6% | 66.8% |
Profitability & Leverage
| Metric | LINDEINDIA | REFEX |
|---|---|---|
| ROE | 13.6% | 17.8% |
| ROCE | 18.2% | 22.4% |
| Net Margin | 20.03% | 8.61% |
| Operating Margin | 35.9% | 15.7% |
| Debt to Equity | 0.02x | 0.15x |
Shareholding
As of Jun 2026 • change vs previous quarter| Metric | LINDEINDIA | REFEX |
|---|---|---|
| Promoter Holding | 0% | 56.57%▲ 0.72 pp |
| FII Holding | 2.04%▼ 0.01 pp | 0.93%▼ 0.72 pp |
| DII Holding | 6.79%▼ 0.09 pp | 0.38%▲ 0.24 pp |
| Public Holding | 16.17%▲ 0.1 pp | 42.13%▼ 0.23 pp |
How to Read This Comparison
Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.
Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: Linde India Limited and Refex Industries Limited.
Related Comparisons
Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.

