LINDEINDIA vs REFEX: Stock Comparison

Linde India Limited vs Refex Industries LimitedUpdated 26 Aug 26, 4:08 PM ISTNSE & company filings

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

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

LINDEINDIAREFEX

Valuation lens

What price are you paying?

Market CapContext only
₹56,623 Cr
₹4,075 Cr
P/E RatioREFEX has the lower reading
102.98x
16.41x
P/B RatioREFEX has the lower reading
13.19x
2.71x
EPSLINDEINDIA has the higher reading
₹64.5
₹17.97
Book ValueContext only
₹500.22
₹109.63
Dividend YieldREFEX has the higher reading
0.06%
0.14%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
LINDEINDIA is the larger company
₹56,623 Cr vs ₹4,075 Cr
P/E Ratio
REFEX has a lower P/E
16.41x vs 102.98x
P/B Ratio
REFEX has a lower P/B
2.71x vs 13.19x
EPS
LINDEINDIA has higher earnings per share
₹64.5 vs ₹17.97
Dividend Yield
REFEX has a higher dividend yield
0.14% vs 0.06%
Revenue Growth (TTM YoY)
REFEX has faster revenue growth
48.8% vs 13.1%
EPS Growth (TTM YoY)
LINDEINDIA has faster EPS growth
676.4% vs 87.5%
Qtr Sales Growth
REFEX has stronger quarterly sales growth
57.1% vs 3.79%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricLINDEINDIAREFEX
SectorChemicalsChemicals
IndustryIndustrial GasesIndustrial Gases

Price

MetricLINDEINDIAREFEX
Live Price₹6,598.5₹296.85
Day Change1.62%2.36%
Volume27,5223.34 L
52-Week High₹8,049₹415
52-Week Low₹5,673₹188
Distance from 52W High-18.02%-28.47%

Valuation

MetricLINDEINDIAREFEX
Market Cap₹56,623 Cr₹4,075 Cr
P/E Ratio102.98x16.41x
P/B Ratio13.19x2.71x
EPS₹64.5₹17.97
Book Value₹500.22₹109.63
Dividend Yield0.06%0.14%

Growth

MetricLINDEINDIAREFEX
Revenue Growth (TTM YoY)13.1%48.8%
EPS Growth (TTM YoY)676.4%87.5%
Qtr Sales Growth3.79%57.1%
Qtr Profit Growth-34.6%66.8%

Profitability & Leverage

MetricLINDEINDIAREFEX
ROE13.6%17.8%
ROCE18.2%22.4%
Net Margin20.03%8.61%
Operating Margin35.9%15.7%
Debt to Equity0.02x0.15x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricLINDEINDIAREFEX
Promoter Holding0%56.57% 0.72 pp
FII Holding2.04% 0.01 pp0.93% 0.72 pp
DII Holding6.79% 0.09 pp0.38% 0.24 pp
Public Holding16.17% 0.1 pp42.13% 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.

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.