National Oxygen
- Market cap
- ₹ 29 Cr.
- P/E
- 122.3x
- 52-week range
- 42.5 – 132.5
- ROCE
- −21.5%
- Dividend yield
- 0%
- Sector
- Chemicals & Petrochemicals
- Industry
- Industrial Gases
- Listed on
- BSE
About
National Oxygen Limited is an India-based manufacturer and supplier of industrial gases in both liquid and gaseous form to industries and hospitals. The Company's products include high pure liquid oxygen, high pure gaseous oxygen, high pure liquid nitrogen, medical grade oxygen liquid, medical grade oxygen gas, high purity nitrogen gas and dissolved acetylene gas. Its oxygen product has various uses in steelmaking and other metals refining and fabrication processes, in chemicals, pharmaceuticals, petroleum processing, and pulp and paper manufacture. Its high-purity nitrogen gas is used in refineries, petrochemical plants and marine tankers. The Company serves various sectors, such as public sector units, space and petrochemical units, steel sector, refrigeration units, hospitals, ship making, and repairing units other than the fabrication sector. It has a capacity of approximately 2500 cubic meters (m3) per hour of oxygen/nitrogen gases and a capacity of 2,00,000 m3 per annum.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Gases: 8 companies →National Oxygen against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)122.3 against a typical 66: pricier than most peers (1st = cheapest).8th of 8
- Sales growth−59.8% against a typical −32.5% from a year earlier.6th of 7
- Share price, 3 months+3.6% against a typical −7.4%.2nd of 7
- Size₹ 28.8 Cr. market value against a typical ₹ 2,120.9 Cr. (1st = largest).6th of 7
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 12 | 11 | 11 | 11 | 11 | 11 | 9 | 8 | 6 | 5 | 4 | 3 |
| Expenses | 11 | 11 | 11 | 11 | 11 | 12 | 10 | 9 | 7 | 6 | 5 | 4 |
| Operating Profit | 1 | −0 | 0 | 0 | 0 | −1 | −2 | −1 | −0 | −1 | −1 | −1 |
| OPM % | 4.2% | −0.2% | 2.1% | 0% | 0.6% | −7.1% | −20.7% | −13.6% | −7.1% | −14.5% | −27.7% | −40.7% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | −1 | −1 | −1 | −1 | −1 | −2 | −3 | −2 | 7 | −2 | −2 | −2 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −1 | −1 | −1 | −1 | −1 | −2 | −3 | −2 | 7 | −2 | −2 | −2 |
| EPS in Rs | −1.25 | −2.52 | −1.67 | −2.48 | −2.36 | −3.93 | −5.14 | −3.71 | 13.96 | −3.07 | −3.53 | −3.99 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −4%
- 5 Years
- −10%
- 3 Years
- −21%
- TTM
- −51%
- 10 Years
- −1%
- 5 Years
- —
- 3 Years
- —
- TTM
- 16%
- 10 Years
- 4%
- 5 Years
- −3%
- 3 Years
- −26%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| National Oxygen | ₹ 56.60 | ₹ 29 Cr. | 122.3x | — | — | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 23.8% | 16.9% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
Management
- P. Ramalinga Srinivasan
- Chief Financial Officer
- Akhil Paliwal
- Compliance Officer, Company Secretary
- Rajesh Kumar Saraf
- Managing Director, Executive Director
- Sarita Saraf
- Executive Director
- Gopalswami Raghavan
- Company Secretary
- Lakshmmi Subramanian
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.