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 111984 crores. The market capitalization data is updated as on 17 Oct 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. | 6153.5 | 52480 | 8455 | 5202.4 | 115.4 | 13.7 | 17.2 | 12.5 | 441 | 0.2 |
| 2 | Petronet LNG Ltd. | 275.6 | 41340 | 355 | 266.4 | 10.6 | 2.1 | 28.8 | 20.8 | 3608 | 3.4 |
| 3 | Ellenbarrie Industrial Gases Ltd. | 459 | 6468 | 637 | 430.8 | 77.7 | 12.8 | 19.6 | 19.4 | 37 | 0 |
| 4 | Refex Industries Ltd. | 347.2 | 4751 | 574.7 | 334.1 | 30 | 4.2 | 23.1 | 20.8 | 150 | 0 |
| 5 | Stallion India Fluorochemicals Ltd. | 393.6 | 3123 | 424.2 | 59.9 | 0 | 0 | 0 | 0 | 45 | 0 |
| 6 | Confidence Petroleum India Ltd. | 40.5 | 1345 | 84 | 40.3 | 15.4 | 1 | 11.1 | 7.1 | 93 | 0.2 |
| 7 | IRM Energy Ltd. | 325.2 | 1335 | 416.6 | 235.9 | 0 | 0 | 0 | 0 | 43 | 0 |
| 8 | Petro Carbon And Chemicals Ltd. | 181.6 | 448 | 254.7 | 150 | 0 | 0 | 0 | 0 | 0 | 0 |
| 9 | Rajasthan Gases Ltd. | 44 | 339 | 76.2 | 31.6 | -678.7 | 11.7 | -0.6 | -3.4 | 17 | 0 |
| 10 | Nilachal Carbo Metalicks Ltd. | 100.2 | 250 | 116 | 64.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| 11 | National Oxygen Ltd. | 107.6 | 54 | 165 | 95 | -16.8 | -54.3 | -5.7 | 0 | -8 | 0 |
| 12 | Rajasthan Cylinders & Containers Ltd. | 39.9 | 13 | 59.4 | 33 | 0 | 0 | 0 | 0 | -1 | 0 |
| 13 | Gagan Gases Ltd. | 26.4 | 12 | 35.8 | 17.6 | 44.7 | 3.6 | 11.8 | 8.4 | 0 | 0 |
| 14 | Bhagawati Oxygen Ltd. | 43 | 10 | 72.3 | 36.3 | 24.2 | 2.2 | 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. | 6.6 | 5 | 10.2 | 4.8 | -21.3 | -5.4 | 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 | 11.2 | 8.3 | 2 | 0 |
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