List of Top Industrial Gases & Fuels listed companies in India

Following is the list of Top Industrial Gases & Fuels companies in India in 2026 sorted by market cap. There are a total of 20 number of listed companies with a total of market capitalization of 133338 crores. The market capitalization data is updated as on 26 May 2026

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#	Company	CMP	M Cap	52W High	52W Low	PE	PB	ROCE Last Yr	ROE Last Yr	PAT TTM	Div Yield
1	Linde India Ltd.	7248.5	61818	8042.7	5652.8	135.9	16.2	17.2	12.5	535	0.2
2	Petronet LNG Ltd.	280.2	42030	326.4	235.4	10.8	2.1	28.8	20.8	3809	3.4
3	Bharat Coking Coal Ltd.	38	17697	45.2	28	14.3	2.7	30.1	21	496	0
4	Refex Industries Ltd.	295.2	4050	534	188	25.6	3.6	23.1	20.8	175	0
5	Ellenbarrie Industrial Gases Ltd.	263.4	3712	637	175	44.6	7.3	19.6	19.4	104	0
6	Stallion India Fluorochemicals Ltd.	181.1	1437	360.7	62.6	44.4	5.6	19.7	15.2	44	0
7	IRM Energy Ltd.	272.9	1121	394.1	165.6	23.8	1.2	8.6	5	57	0.5
8	Petro Carbon And Chemicals Ltd.	289	714	310	166.3	75.4	5.6	5.3	7.4	0	0
9	Rajasthan Securities Ltd.	46	353	67	29	50.4	9.8	24.8	21.6	21	0
10	Nilachal Carbo Metalicks Ltd.	100	249	129.8	64.6	17.8	2.9	24.1	19.7	0	0
11	Hilltone Software & Gases Ltd.	50.4	66	93	31.6	-423.5	4	2.4	-1.1	-0	0
12	National Oxygen Ltd.	74	37	147.4	57	-5.3	-4.7	-21.6	0	2	0
13	Gagan Gases Ltd.	23.8	11	37.7	11.9	40.3	3.2	11.8	8.4	0	0
14	Rajasthan Cylinders & Containers Ltd.	33	11	59.4	27.5	-12.8	0.8	-9.8	-6.2	-1	0
15	Bhagawati Gas Ltd.	5.7	9	5.6	0.8	66.5	0.6	7.2	1	-2	0
16	Greenearth Resources and Projects Ltd.	0.2	7	0	0	-0.8	-0	-146.3	0	-8	0
17	Bhagawati Oxygen Ltd.	31.5	7	67	32.1	-16.2	1.8	-6.7	-10.6	0	0
18	Foundry Fuel Products Ltd.	5.8	5	7	5	-18.7	-3.7	0	0	-0	0
19	Auroma Coke Ltd.	6.3	4	0	0	15.4	0.1	1.5	0.7	0	0
20	The Southern Gas Ltd.	25	0	25	23.8	0	0	10.1	7.7	2	0