About the Company

Linde India Limited is a pioneer of India’s industrial gases industry, incorporated in 1935. The company supplies industrial, medical and specialty gases and runs a Project Engineering business that designs and commissions air separation and related plants. Its portfolio spans oxygen, nitrogen, argon, helium, carbon dioxide, xenon and krypton, among others, with applications ranging from healthcare and beverages to metals and electronics, supported by delivery, storage and process solutions that enhance efficiency and safety for customers . Linde India operates predominantly within India, with national operations comprising 26 plants and 4 offices; it has no overseas plants or offices, and sales outside India contribute less than 10 Per cent of revenue  . As per the statutory disclosure (AOC-1), the Company had Nil subsidiaries during the year .

Key milestones highlighted by the company include the first India-made 140 m3/hr oxygen plant manufactured and commissioned by IOL; the first acetylene compressor manufactured in India by IOL; and the Indian Air Force airlifting Linde India’s cryogenic oxygen tanker from Hindon to Panagarh for filling at Durgapur—another first in the company’s history .

Business Segments

– Gases, Related Products & Services: 82.11 Per cent of turnover.

– Project Engineering (construction of utility projects): 17.89 Per cent of turnover.

– Geographic mix: Domestic revenues accounted for over 90 Per cent; international sales were less than 10 Per cent. These disclosures are presented on a standalone basis for FY 2024-25  .

Key Management

– Michael James Devine – Chairman

– A. Banerjee – Managing Director

– N. K. Jumrani – Chief Financial Officer

– Amit Dhanuka – Company Secretary

Latest Updates

– Strategic partnerships and capacity expansion: Linde India expanded its partnership with Tata Steel Limited in Odisha by signing agreements to de-captivate two additional air separation units at the Kalinganagar Industrial Complex, more than doubling its on-site capacity. The company also entered the Dahej industrial cluster in Gujarat through a long-term contract with Asian Paints (Polymers) Private Limited, involving the installation of its third air separation unit at Dahej .

– Renewable energy sourcing: The company continued sourcing 98 Million Units per annum of renewable energy under long-term captive schemes. During the year, it began sourcing 19 Million Units per annum of solar power via the Inter-State Transmission System for its Dahej and Rourkela air separation units and completed ISTS renewable energy setups at SriCity and Selaqui; it also contracted 425 Million Units per annum of ISTS hybrid renewable energy for the upcoming Tata Kalinganagar ASU operation .

– Technology upgrades: New air separation units at Dahej and Ludhiana are built on Linde Engineering’s latest design with a waste gas recovery turbine, enhancing operational flexibility and efficiency .