Following is the list of Top Industrial Gases & Fuels companies in India in 2025 sorted by market cap. There are a total of 18 number of listed companies with a total of market capitalization of 108851 crores. The market capitalization data is updated as on 07 Nov 2025
| # | Company | CMP | M Cap | 52W High | 52W Low | PE | PB | ROCE Last Yr | ROE Last Yr | PAT TTM | Div Yield |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Linde India Ltd. | 5878.5 | 50134 | 7865 | 5202.4 | 110.2 | 13.1 | 17.2 | 12.5 | 506 | 0.2 |
| 2 | Petronet LNG Ltd. | 278.5 | 41775 | 349.2 | 266.4 | 10.8 | 2.1 | 28.8 | 20.8 | 3560 | 3.4 |
| 3 | Ellenbarrie Industrial Gases Ltd. | 463.6 | 6534 | 637 | 430.8 | 78.4 | 12.9 | 19.6 | 19.4 | 37 | 0 |
| 4 | Refex Industries Ltd. | 356.6 | 4880 | 574.7 | 334.1 | 30.8 | 4.4 | 23.1 | 20.8 | 164 | 0 |
| 5 | Stallion India Fluorochemicals Ltd. | 223.6 | 1773 | 424.2 | 59.9 | 54.9 | 5.9 | 19.7 | 15.2 | 45 | 0 |
| 6 | Confidence Petroleum India Ltd. | 40.9 | 1359 | 84 | 39.7 | 15.5 | 1 | 11.1 | 7.1 | 93 | 0.2 |
| 7 | IRM Energy Ltd. | 307.3 | 1262 | 413 | 235.9 | 26.8 | 1.3 | 8.6 | 5 | 43 | 0.5 |
| 8 | Petro Carbon And Chemicals Ltd. | 175.1 | 432 | 252.6 | 150 | 45.7 | 3.4 | 5.3 | 7.4 | 0 | 0 |
| 9 | Rajasthan Securities Ltd. | 44.8 | 345 | 76.2 | 32.2 | 49.2 | 9.6 | 24.8 | 21.6 | 17 | 0 |
| 10 | Nilachal Carbo Metalicks Ltd. | 102 | 254 | 129.6 | 64.6 | 18.1 | 2.9 | 24.1 | 19.7 | 0 | 0 |
| 11 | National Oxygen Ltd. | 106 | 53 | 165 | 95 | -7.6 | -6.7 | -21.6 | 0 | -8 | 0 |
| 12 | Rajasthan Cylinders & Containers Ltd. | 37.5 | 13 | 59.4 | 33 | -14.6 | 0.9 | -9.8 | -6.2 | -1 | 0 |
| 13 | Gagan Gases Ltd. | 25.9 | 12 | 35.8 | 17.6 | 44 | 3.5 | 11.8 | 8.4 | 0 | 0 |
| 14 | Bhagawati Oxygen Ltd. | 41 | 9 | 72.3 | 36.3 | 23.1 | 2.1 | 12.9 | 9.5 | -0 | 0 |
| 15 | Greenearth Resources and Projects Ltd. | 0.2 | 7 | 0 | 0 | -0.8 | -0 | -146.3 | 0 | -8 | 0 |
| 16 | Foundry Fuel Products Ltd. | 6 | 5 | 8.7 | 4.8 | -19.6 | -3.9 | 0 | 0 | -0 | 0 |
| 17 | Auroma Coke Ltd. | 6.3 | 4 | 0 | 0 | 15.4 | 0.1 | 1.5 | 0.7 | 0 | 0 |
| 18 | Southern Gas Ltd. | 25 | 0 | 25 | 23.8 | 0 | 0 | 10.1 | 7.7 | 2 | 0 |
