About
Ellenbarrie Industrial Gases Limited manufactures industrial and medical gases in India. It offers industrial gases, such as oxygen, nitrogen, argon, carbon dioxide, helium, acetylene, hydrogen, nitrous oxide, synthetic air, and special gases; and medical gases, including medical oxygen, medical nitrogen, medical nitrous oxide, and medical grade carbon dioxide. The company also provides project engineering services comprising design, engineering, supply, installation and commissioning of tonnage ASUs, and related projects; medical gas pipeline services consisting of supply, installation, and commissioning of medical gas pipeline systems; and medical equipment, which include emergency and transport ventilators, central sterilization system, lung function testing system, and electro-cardiograph machine. In addition, it is involved in the construction of cryogenic and non-cryogenic air separation plants. Ellenbarrie Industrial Gases Limited was incorporated in 1973 and is headquartered in Kolkata, India.
Key Metrics
as of Sep 2026Market Cap4,677 Cr
P/E38.80
Div Yield0.00 %
Book Value₹69.30
52w High₹560.00
52w Low₹175.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Dec 2016 | Sep 2016 | Jun 2016 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 99.00 | 87.00 | 81.00 | 89.00 | 84.00 | 82.00 | 68.00 | 95.00 | 67.00 | 24.00 | 29.00 | 24.00 | 23.00 |
| Expenses | 61.00 | 60.00 | 56.00 | 56.00 | 53.00 | 58.00 | 41.00 | 58.00 | 45.00 | 20.00 | 23.00 | 20.00 | 22.00 |
| Operating Profit | 38.00 | 27.00 | 25.00 | 33.00 | 31.00 | 25.00 | 27.00 | 36.00 | 22.00 | 5.00 | 6.00 | 4.00 | 2.00 |
| OPM % | 38.00 | 31.00 | 31.00 | 38.00 | 37.00 | 30.00 | 40.00 | 38.00 | 33.00 | 20.00 | 22.00 | 16.00 | 7.00 |
| Other Income | 17.00 | 15.00 | 16.00 | 13.00 | 7.00 | 11.00 | 9.00 | 7.00 | 8.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Depreciation | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 6.00 | 5.00 | 5.00 | 5.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Interest | 2.00 | 2.00 | 1.00 | 1.00 | 5.00 | 5.00 | 4.00 | 4.00 | 4.00 | 2.00 | 3.00 | 3.00 | 5.00 |
| Profit before tax | 46.00 | 33.00 | 34.00 | 40.00 | 28.00 | 24.00 | 28.00 | 34.00 | 21.00 | 1.00 | 2.00 | -1.00 | -4.00 |
| Tax % | 25.00 | 31.00 | 24.00 | 8.00 | 33.00 | 24.00 | 32.00 | 14.00 | 23.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 35.00 | 23.00 | 26.00 | 37.00 | 19.00 | 18.00 | 19.00 | 30.00 | 16.00 | 1.00 | 2.00 | -1.00 | -4.00 |
| EPS in Rs | 2.48 | 1.62 | 1.85 | 2.61 | 1.33 | 1.39 | 1.47 | 2.26 | 1.24 | 1.33 | 2.46 | -1.54 | -6.08 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 342.00 | 312.00 | 269.00 | 205.00 | 247.00 | 175.00 | 174.00 | 154.00 | 123.00 | 116.00 | 96.00 | 87.00 |
| Expenses | 225.00 | 203.00 | 208.00 | 171.00 | 184.00 | 129.00 | 149.00 | 125.00 | 103.00 | 99.00 | 88.00 | 79.00 |
| Operating Profit | 116.00 | 110.00 | 62.00 | 34.00 | 63.00 | 46.00 | 25.00 | 30.00 | 20.00 | 17.00 | 8.00 | 8.00 |
| OPM % | 34.00 | 35.00 | 23.00 | 16.00 | 25.00 | 26.00 | 14.00 | 19.00 | 16.00 | 15.00 | 8.00 | 9.00 |
| Other Income | 50.00 | 36.00 | 21.00 | 19.00 | 15.00 | 5.00 | 121.00 | 2.00 | 1.00 | 2.00 | 2.00 | 2.00 |
| Interest | 9.00 | 17.00 | 8.00 | 4.00 | 4.00 | 10.00 | 16.00 | 14.00 | 11.00 | 11.00 | 16.00 | 13.00 |
| Depreciation | 21.00 | 21.00 | 10.00 | 11.00 | 12.00 | 13.00 | 11.00 | 10.00 | 7.00 | 7.00 | 7.00 | 5.00 |
| Profit before tax | 135.00 | 108.00 | 64.00 | 37.00 | 62.00 | 27.00 | 120.00 | 7.00 | 2.00 | 0.00 | -13.00 | -9.00 |
| Tax % | 23.00 | 23.00 | 29.00 | 24.00 | 29.00 | 12.00 | 25.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 104.00 | 83.00 | 45.00 | 28.00 | 44.00 | 24.00 | 89.00 | 7.00 | 2.00 | 0.00 | -13.00 | -9.00 |
| EPS in Rs | 7.41 | 6.36 | 69.18 | 42.98 | 67.51 | 36.74 | 136.59 | 11.29 | 3.80 | 0.60 | -20.35 | -13.26 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 28.00 | 26.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
| Reserves | 949.00 | 467.00 | 403.00 | 357.00 | 319.00 | 141.00 | 117.00 | 25.00 | 18.00 | 15.00 | 14.00 | 6.00 |
| Borrowings | 184.00 | 247.00 | 178.00 | 102.00 | 11.00 | 111.00 | 136.00 | 224.00 | 219.00 | 188.00 | 189.00 | 203.00 |
| Other Liabilities | 137.00 | 106.00 | 84.00 | 86.00 | 45.00 | 98.00 | 77.00 | 26.00 | 13.00 | 16.00 | 20.00 | 23.00 |
| Total Liabilities | 1,299.00 | 846.00 | 673.00 | 551.00 | 381.00 | 356.00 | 337.00 | 282.00 | 257.00 | 226.00 | 229.00 | 238.00 |
| Fixed Assets | 453.00 | 339.00 | 331.00 | 182.00 | 221.00 | 238.00 | 228.00 | 196.00 | 163.00 | 163.00 | 165.00 | 164.00 |
| CWIP | 78.00 | 45.00 | 0.00 | 74.00 | 0.00 | 0.00 | 5.00 | 10.00 | 26.00 | 7.00 | 3.00 | 2.00 |
| Investments | 397.00 | 194.00 | 170.00 | 111.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 370.00 | 267.00 | 172.00 | 185.00 | 160.00 | 118.00 | 103.00 | 75.00 | 67.00 | 57.00 | 62.00 | 73.00 |
| Total Assets | 1,299.00 | 846.00 | 673.00 | 551.00 | 381.00 | 356.00 | 337.00 | 282.00 | 257.00 | 226.00 | 229.00 | 238.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 133.00 | 4.00 | 44.00 | 39.00 | 13.00 | 125.00 | 33.00 | -1.00 | 34.00 | -13.00 | 12.00 |
| Cash from Investing Activity | -436.00 | -57.00 | -122.00 | -114.00 | -9.00 | -37.00 | -20.00 | -27.00 | -8.00 | -8.00 | -43.00 |
| Cash from Financing Activity | 305.00 | 52.00 | 67.00 | 87.00 | 25.00 | -51.00 | -12.00 | 28.00 | -27.00 | 22.00 | 32.00 |
| Net Cash Flow | 1.00 | -1.00 | -10.00 | 11.00 | 29.00 | 37.00 | 1.00 | 0.00 | -1.00 | 0.00 | 1.00 |
| Free Cash Flow | -25.00 | -65.00 | -42.00 | -56.00 | 0.00 | 88.00 | 13.00 | -29.00 | 25.00 | -22.00 | -31.00 |
| CFO/OP % | 135.00 | 11.00 | 81.00 | 147.00 | 69.00 | 516.00 | 113.00 | -5.00 | 203.00 | -169.00 | 156.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 68.00 | 97.00 | 61.00 | 70.00 | 52.00 | 59.00 | 77.00 | 70.00 | 96.00 | 89.00 | 95.00 | 105.00 |
| Inventory Days | 131.00 | 145.00 | 73.00 | 119.00 | 91.00 | 100.00 | — | 67.00 | 62.00 | 79.00 | 169.00 | 258.00 |
| Days Payable | 135.00 | 144.00 | 118.00 | 249.00 | 108.00 | 524.00 | — | 213.00 | 128.00 | 55.00 | 94.00 | 133.00 |
| Cash Conversion Cycle | 63.00 | 98.00 | 17.00 | -60.00 | 35.00 | -366.00 | 77.00 | -75.00 | 30.00 | 113.00 | 170.00 | 230.00 |
| Working Capital Days | 43.00 | -33.00 | -64.00 | -27.00 | 17.00 | -107.00 | -45.00 | 77.00 | 131.00 | 102.00 | 152.00 | 204.00 |
| ROCE % | 15.00 | 18.00 | 13.00 | 8.00 | 21.00 | 15.00 | 53.00 | 8.00 | 6.00 | 5.00 | 1.00 | 2.00 |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
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Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update25 Aug 2025 from crisil
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Rating update25 Jun 2025 from crisil
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Rating update17 Jun 2025 from crisil
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Rating update27 Mar 2024 from crisil
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Rating update28 Dec 2021 from brickwork
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Rating update13 Dec 2021 from brickwork