Ellenbarrie Industrial Gases Ltd (ELLEN) — shareholding pattern, promoter holding, financials and share price
About Ellenbarrie Industrial Gases Ltd (ELLEN)
Ellenbarrie Industrial Gases Ltd operates in the Industrial Gases industry, within the Chemicals sector. It trades on the NSE as ELLEN and on the BSE under scrip code 544421. Its ISIN is INE236E01022.
Ellenbarrie Industrial Gases Ltd. is engaged in the business of oxygen and nitrogen. The Company is a manufacturer and supplier of industrial gases in the eastern and southern India, both in bulk and packaged form. It is engaged in the medical, chemical, construction, defense and energy businesses.
Ellenbarrie Industrial Gases Ltd. specializes in manufacturing and supplying industrial gases like oxygen, nitrogen, and hydrogen to various industries, including steel and pharmaceuticals.
The company is pursuing large-scale capacity expansion with new plants across India, including in East, North, and West regions, to meet growing demand and enhance market presence.
Listed peers in Industrial Gases: Linde India Ltd, Refex Industries Ltd, Stallion India Fluorochemicals Ltd, Hilltone Software & Gases Ltd, National Oxygen Ltd, Gagan Gases Ltd.
Valuation & Returns
10 Jul 2026At ₹294.5 a share on 10 Jul 2026, Ellenbarrie Industrial Gases Ltd (ELLEN) was valued at a price-to-earnings ratio of 39.76x against an industry P/E of 45.11x and a price-to-book of 8.41x on a book value of ₹35.01 per share as of Mar 2025. Solomo computes return on equity of 21.16% and return on capital employed of 19.57% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 39.76x
- Industry P/E
- 45.11x
- P/B
- 8.41x
- EPS (TTM)
- ₹7.41
- Book value / share
- ₹35.01
- ROE
- 21.16%
- ROCE
- 19.57%
- ROA
- 12.34%
- Debt / equity
- 0.5x
- Dividend yield
- 0%
- EBITDA margin
- 48.68%
- 52-week range
- ₹175.05 – ₹637
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Ellenbarrie Industrial Gases Ltd (ELLEN) reported revenue of ₹342 crore, net profit of ₹104 crore and earnings per share of ₹7.41. That compares with revenue of ₹312 crore and net profit of ₹83 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹87 crore and net profit ₹23 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 247 | 205 | 269 | 312 | 342 |
| Net profit (₹ cr) | 44 | 28 | 45 | 83 | 104 |
| EPS (₹) | 67.51 | 42.98 | 69.18 | 6.36 | 7.41 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 13.06% | 12.39% | 8.19% | 15.96% |
| Profit growth | - | -1.41% | 23.52% | 83.90% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 77.15% of Ellenbarrie Industrial Gases Ltd (ELLEN) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.08% and domestic institutional investors (DII) hold 11.62%. Market capitalisation was ₹4,151 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2025.
Largest disclosed public shareholders in Jun 2026: MOTILAL OSWAL NIFTY MICROCAP 250 INDEX FUND 5.54%, AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND 1.86%, CLARUS CAPITAL I 1.8%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 77.15% | - | 1.08% | 11.62% | 22.85% |
| Mar 2026 | 77.15% | - | 1.31% | 13.02% | 22.85% |
| Dec 2025 | 77.16% | - | 0.83% | 15.43% | 22.84% |
| Sep 2025 | 77.16% | - | 1.2% | 14.38% | 22.84% |
| Jun 2025 | 77.16% | - | 1.97% | 10.57% | 22.84% |