Solar Industries vs Linde India: share price, P/E, ROE and financials compared
Solar Industries India
Linde India
Solar Industries and Linde India at a glance
Solar Industries and Linde India are both listed in Chemicals. Solar Industries is the larger by market cap, at ₹1.7L Cr against ₹58,496 Cr for Linde India (2.9 times as large). On valuation, Solar Industries has the lower P/E (74.4× against 118.4×), while Linde India has the lower price-to-book (13.33× against 21.94×). On returns and margins, Solar Industries has the higher ROCE (29.5% against 16.3%) and the higher ROE (35.1% against 11.8%), while Linde India has the higher operating margin (31.5% against 27.8%). Debt-to-equity is similar, 0.22× for Solar Industries and 0.23× for Linde India.
Key metrics, side by side
| Metric | Solar IndustriesSOLARINDS | Linde IndiaLINDEINDIA |
|---|---|---|
| Price (₹) | 18,608.00 | 6,859.00 |
| Market cap (₹ Cr) | 1,68,384 | 58,496 |
| P/E | 74.4× (the lower figure, shaded) | 118.4× |
| P/B | 21.94× | 13.33× (the lower figure, shaded) |
| Dividend yield, trailing | 0.06% | 0.17% (the higher figure, shaded) |
| ROE | 35.1% (the higher figure, shaded) | 11.8% |
| ROCE | 29.5% (the higher figure, shaded) | 16.3% |
| Operating margin (OPM) | 27.8% | 31.5% (the higher figure, shaded) |
| Net margin (NPM) | 17.7% | 18.1% |
| Sales CAGR 3Y | +12.4% | – |
| Profit CAGR 3Y | +30.4% | – |
| Debt to equity | 0.22× | 0.23× |
| Interest cover | 18.7× | 51.6× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 2,263 | 494 |
| 1Y return | +35.9% (the higher figure, shaded) | +5.4% |
| Promoter holding | 73.15% | 75.00% |
Solar Industries vs Linde India: common questions
Which is bigger, Solar Industries or Linde India?
By market cap, Solar Industries is bigger at ₹1.7L Cr, against ₹58,496 Cr for Linde India (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹2,263 Cr for Solar Industries and ₹494 Cr for Linde India.
Which has a lower P/E ratio, Solar Industries or Linde India?
Solar Industries trades at a P/E of 74.4× and Linde India at 118.4×. Solar Industries has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Solar Industries or Linde India?
Solar Industries reports a return on equity of 35.1% and Linde India 11.8%. Solar Industries has the higher ROE. ROE is net profit as a share of shareholders’ equity.