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Ellenbarrie Industrial Gases share price & results

Ellenbarrie Industrial Gases Limited· Chemicals· Commodities

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

Kolkata-based industrial gas maker; top-3 in India, market leader in West Bengal, Andhra Pradesh & Telangana

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue99.0 ₹ crore+17.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin38.0 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit35.0 ₹ crore+84.2% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity16.46 %−4.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-7.31 %+13.5 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)8.21 %−6.4 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

3 of 4 judged targets kept · 8 open · verdicts reflect calls analysed to Q1 FY27.

Ellenbarrie Industrial Gases Limited management guidance track record on Inve: 12 targets tracked across analysed earnings calls (3 achieved, 1 missed, 8 open).

TargetOriginal wordingSaidLatest callVerdict
Project Commissioningcommence operation in October 2025
Call transcript, Q1 FY26 · 7 Aug 2025		Q1 FY26Q1 FY27:Plant ramp-up is progressing well, contributing to Q1 revenue growth. Promise is fulfilled.
Call transcript, Q1 FY27 · 10 Aug 2026		Achieved*
Total Owned & Operated Capacity1,910 tons per day by end of FY26
Call transcript, Q1 FY26 · 7 Aug 2025		Q1 FY26Q1 FY27:Deadline passed. The target of 1,910 TPD by end of FY26 was missed, with actual capacity at ~1600 TPD.
Call transcript, Q1 FY27 · 10 Aug 2026		Missed
Project Commissioningup and running in end of Q1 of next financial year (FY27)
Call transcript, Q1 FY26 · 7 Aug 2025		Q1 FY26Q1 FY27:Original Q1 FY27 deadline missed. Construction has now commenced on the plant as part of a larger capex plan.
Call transcript, Q1 FY27 · 10 Aug 2026		Delayed

Source: Inve Guidance Tracker for Ellenbarrie Industrial Gases Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Ellenbarrie Industrial Gases Limited's 12 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 9 more targets are in the full ledger.

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Price

₹319.35 +6.04% · +₹18.2

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −27.9% 1Y

₹200₹300₹400Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 12 Nov 2025Q3 FY26 — 3 Feb 2026Q4 FY26 — 25 May 2026Q1 FY27 — 10 Aug 2026

1Y: ₹443.2 on 24 Oct 2025 → ₹319.35. High ₹465.8 (30 Oct 2025), low ₹180.95 (16 Mar 2026).

Previous close
₹301.15
Market cap
₹4.3k Cr
52-week range
₹180.95 – ₹465.8
One year
−29.82%
Price to earnings (TTM to Jun 2026)
35.31×
Return on equity (TTM to Jun 2026)
16.46%

Overview

Symbol
NSE:ELLEN
Sector
Chemicals
Industry
Commodities
Exchange
NSE
Currency
INR

What Ellenbarrie Industrial Gases Limited does

Based on the company's own presentations, annual report and earnings calls.

Ellenbarrie manufactures and supplies industrial and medical gases -- oxygen, nitrogen, argon, hydrogen, helium and specialty gases -- to customers across steel, chemicals, pharmaceuticals, healthcare, defence and other manufacturing sectors. Gas is delivered through three formats: bulk (liquid gas trucked to storage tanks at customer sites), packaged cylinders, and onsite plants built and run on customer premises under long-term (15-20 year) take-or-pay contracts. Beyond gas supply, it runs a project-engineering business that designs and builds cryogenic air separation units (ASUs) and non-cryogenic (VPSA/PSA) plants, medical gas pipeline systems and hospital gas equipment, and it operates two ASU plants for a large steel producer under a separate operations-and-maintenance contract. Incorporated in 1973, the company holds market leadership in West Bengal, Andhra Pradesh and Telangana and ranks among the top three nationally by tanker, cylinder and customer-installation network.

Segments

  • Gases (core)
  • Project Engineering Services (non-core)
Market position
Among top 3 in India by tanker/cylinder/installation network; market leader in West Bengal, Andhra Pradesh & Telangana
Operational facilities
9 plants, plus 2 new facilities under construction/implementation
Existing installed gas capacity
Bulk 911 TPD + Onsite 698 TPD (excludes NMDC O&M plants)
Bulk customers
328
Packaged (cylinder) customers
1,498
Onsite customers
3 (plus orders secured for 2 more), on 15-20 year take-or-pay contracts
Founded 1973Headquarters Kolkata, West Bengal, India Company website

How the price took the results

close before → close after

Q1 FY27
+1.1%
10 Aug
Q4 FY26
−5.7%
25 May
Q3 FY26
+0.7%
3 Feb
Q2 FY26
−0.8%
12 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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