# Linc share price today (Linc Ltd, NSE: LINC)

> Linc share price today: ₹88.86 at the NSE close on 3 November 2026, down 31.6% in a year. Linc (NSE: LINC) is worth ₹529 crore, trades at a P/E of 16.8 and has closed between ₹81.54 and ₹125.04 over the past 52 weeks. > Linc Ltd's P/E is near the low end of its own history, higher than only 7% of past readings, and its quarterly results are still getting worse. LINC · Printing & Stationery · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/linc-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹88.86 (−31.6% in a year)
- P/E: 16.8× (lower than 93% of the last 2.4 years)
- Revenue (Jun 2026): ₹139 Cr (+1.4% on a year ago)
- Profit (Jun 2026): ₹6.0 Cr (−14.4% on a year ago)
- Operating margin: 8.7% (−0.9 points on a year ago)
- ROCE: 19%, FY26
- ROIC: 11.7%, against a 12.0% cost of capital: −0.3 points

The main question: the P/E is near the low end of its own history, higher than only 7% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the Linc share price today? Linc Ltd's share price was ₹88.86 at the close on 3 November 2026. It has been falling for 57 weeks. That is 14.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹82 and ₹125, and at that close it sat 17% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 15 weeks running. Over the last 11 years the share price moved +96% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 24 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What are Linc's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Linc reported revenue of ₹139 crore, up 1.4% from ₹137 crore a year earlier, and a profit of ₹6.05 crore, down 14.4% from ₹7.07 crore. ### Linc results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹139 crore | ₹137 crore | +1.4% |
| Profit | ₹6.05 crore | ₹7.07 crore | −14.4% |
| Earnings per share | ₹0.98 | ₹1.19 | −17.6% |
| Operating margin | 8.7% | 9.6% | −0.9 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Linc's management discussed these results on a call held on 7 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Linc share price history? Linc closed at ₹88.86 on 3 November 2026, down 31.6% from ₹129.84 a year earlier (31 October 2025) and up 44.3% over five years. Its highest weekly close since March 2016 was ₹208.90 on 27 October 2023. ### Linc share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹89.67 | −0.9% |
| 1 month ago · 1 Oct 2026 | ₹86.54 | +2.7% |
| 6 months ago · 30 Apr 2026 | ₹100.88 | −11.9% |
| 1 year ago · 31 Oct 2025 | ₹129.84 | −31.6% |
| 3 years ago · 3 Nov 2023 | ₹178.35 | −50.2% |
| 5 years ago · 4 Nov 2021 | ₹61.60 | +44.3% |
| 10 years ago · 4 Nov 2016 | ₹63.52 | +39.9% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹45.38 | +95.8% |
| Highest weekly close since March 2016 · 27 Oct 2023 | ₹208.90 | −57.5% |
| Lowest weekly close since March 2016 · 8 May 2020 | ₹32.35 | +174.7% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹125.04 | −28.9% |
| 52-week low (weekly close) · 9 Oct 2026 | ₹81.54 | +9.0% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (543 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Linc? 3 Nov 2026: Linc closed at ₹88.86, down 0.9% on the week and up 2.7% on the month. 10 Sep 2026: ex-date for a dividend of ₹1.50 a share. ### Earlier

- 7 Aug 2026: Linc held its results call for April to June 2026. Management guided: West Bengal manufacturing facility expected operational by October to December 2026. - Results for April to June 2026: Revenue up 1.4% and profit down 14.4% on a year earlier. - 20 Dec 2024: Share split: face value cut from ₹10 to ₹5 a share (ex-date). - 20 Dec 2024: Bonus issue: 1 new share for every 1 held (ex-date). ## What dividend does Linc pay? Linc paid ₹1.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.69% at the ₹88.86 close on 3 November 2026. The last was a dividend of ₹1.50 a share, ex-date 10 September 2026. ### Linc dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 10 Sep 2026 | ₹1.50 | Dividend |
| 16 Sep 2025 | ₹1.50 | Dividend |
| 21 Aug 2024 | ₹5 | Dividend |
| 21 Aug 2023 | ₹5 | Dividend |
| 26 Aug 2022 | ₹1.80 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Linc Ltd paid out 27% of its profit as dividends in FY26, and it paid a dividend in each of its last 3 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Linc management say on the latest results call? On the call for April to June 2026, held on 7 August 2026, Linc's management guided: West Bengal manufacturing facility expected operational by October to December 2026. > “Given the current uncertainties, we believe it would be prudent to await another quarter to gain better visibility before providing formal guidance on our outlook.”
> N. K. Dujari, Director Finance & CFO, on the call for April to June 2026

### What management guided

- Polymer prices expected to normalize over coming quarters; disciplined cost management to continue. - Kenya subsidiary's improving sales trend expected to strengthen over coming quarters. - Linc On expected to gain momentum in periods ahead. - Further price-hike decision after another quarter of market and raw-material observation. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/3611/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 7 August 2026.)

## What to watch in Linc's next results? When Linc reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: West Bengal commissioning - test delivery against the guided operational milestone. - What to check (from the call)
- West Bengal commissioning - test delivery against the guided operational milestone. - Polymer normalization and margin recovery - check whether easing input costs lift profitability with pricing still only partly passed through. - Formal revenue and margin outlook - check whether management provides the deferred framework once visibility improves. - International subsidiary momentum - check whether Kenya improvement and Linc On acceleration become visible alongside stable Uni Linc and progressing Turkey operations. ## Which stock lists is Linc on? Linc is not on any of our India lists this week. ## Is Linc profitable? Linc Ltd earned ₹6.0 Cr of net profit in the Jun 2026 quarter, −14.4% on the same quarter a year earlier. Full-year FY26 profit was ₹33.0 Cr. Over 2 years profit has grown −1.5% a year on average. That is 4.4% of the quarter's revenue. The same quarter a year earlier earned ₹7.1 Cr. For the full year, FY26 profit was ₹33.0 Cr (−13.2% on the year before). Why profit moved: revenue changed +1.4% on a year earlier and the margin moved −0.9 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −12.7% and revenue −0.5%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Linc make, and is it growing? Linc Ltd reported ₹139 Cr of revenue in the Jun 2026 quarter, +1.4% on the same quarter a year earlier. Over 2 years it has grown 3.4% a year on average. The last full year, FY26, came in at ₹543 Cr. The last four reported quarters add to ₹545 Cr. FY26 revenue was ₹543 Cr, +0.0% on the year before. Recent pace: the last four quarters grew −0.5% on average, against 3.4% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −1.0%, against +1.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −12.5%, against −5.5% a year (rolling over). ## How much of every ₹100 of sales does Linc keep? Linc Ltd's operating margin was 8.7% in the Jun 2026 quarter, 0.9 percentage points lower than the same quarter a year ago. Across 3 years it has been between 11.0% and 12.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −0.9 percentage points on the year while gross margin changed −1.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Linc's profit turning into cash? Over the last 3 years, 122% of Linc Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹33.0 Cr of operating cash against ₹33.0 Cr of profit. After ₹28.0 Cr of spending on assets, ₹5.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 122% of profit came in as cash: the cash cycle stayed about the same between FY24 and FY26, so the cash follows profit, not the cycle. What to look at next: the bigger use of cash is spending on new assets, at 1.6× depreciation over three years. The next section checks what that spending is building. ## Where does Linc's cash go? Linc Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 90 days in FY26, up from 84 days in FY24. It spent ₹47.0 Cr on assets over the last 2 years. Customers take 34 days to pay, and stock sits for 117 days on average. At FY26 sales of ₹543 Cr, each day of that cycle ties up about ₹1.5 Cr, so roughly ₹134 Cr is tied up in the business at any time. FY26: customers took 34 days to pay and stock sat for 117 days, about 3.8 months of sales sitting as stock, for a full cycle of 90 days, longer than FY24's 84. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 117 days. Customers pay about 34 days after that. Suppliers are paid at 60 days. Together that makes the 90-day cycle. Spending on assets: ₹47.0 Cr over the last 2 years, against ₹30.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹34.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Linc's P/E ratio, and how does it compare with its own history? Linc Ltd's P/E is 16.8×, near the low end of its own history: it has been lower only 7% of the time. Its usual P/E (the middle reading) is 20.2×, over 2.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −13.9% while the price moved −31.6%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Linc business getting better or worse? Linc Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −1.0% in the latest quarter, against +17.2% at its best in 12 quarters, with ROCE falling at 18.6%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Linc earn on its capital? Linc Ltd earned a ROCE of 19% in FY26. Its return on capital used (ROIC) is 0.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.1% net margin and 1.52× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.1% net margin × 1.52× asset turnover × 1.38× leverage (assets divided by equity) ≈ 12.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 11.7% − 12.0% = −0.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 11.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 12.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Linc have too much debt? Linc Ltd has total debt of ₹27.0 Cr against shareholder equity of ₹260 Cr as of Jun 2026, so its debt is 0.10× its equity, which is very little. Year by year, that ratio went from 0.02 in FY22 to 0.10 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Linc shareholding pattern? Promoters raised their stake in Linc Ltd by 1.5 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 61.0% of the company. Domestic institutions moved −0.4 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +1.5 points over 8 quarters, to 61.0%; Domestic institutions: −0.4 points over 8 quarters, to 0.0%; Foreign institutions: −0.1 points over 8 quarters, to 0.9%. Why the owners changed: promoters drove it (+1.5 points). They raised their stake step by step. ## How far is Linc from balance-sheet trouble? For Linc Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Linc rank in its industry? 41.6 out of 100, rank 5 of 5 in Printing & Stationery, with 73% of the evidence available. Linc Ltd scores 41.6 out of 100 against the 5 companies it is compared with in Printing & Stationery, ranking 5. There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. The three scored parts add up to the total exactly: 11.5 + 19.4 + 10.7 = 41.6 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Linc compared with? Linc ranks 5 of 5 Printing & Stationery companies on the 4-Factor Sector Score, with 41.6 out of 100. 1. [Flair Writing Industries Ltd](https://www.sectoralpha.in/stocks/flair-writing-industries-ltd) FLAIR · basing · Evidence leans up · 100% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 14.2% · Profit 16.4% · Operating margin change 0 points · 100% evidence Capital efficiency 14.9/25 · ROCE 16.8% · Operating margin 17% · 100% evidence Valuation 16.9/20 · P/E 17.4× · PEG 1.18 · 100% evidence Relative strength 6.3/20 · Lead over its industry -3.8% · Lead over NIFTY 500 -14.7% · 1 year -25.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23.7 + 14.9 + 16.9 + 6.3 = 61.8 · What this means: Earnings are strong; relative strength in its sector is -3.8% and the one-year return is -25.9%. 2. [DOMS Industries Ltd](https://www.sectoralpha.in/stocks/doms-industries-ltd) DOMS · quiet · Evidence leans up · 67% evidence 53.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue 19.9% · Profit 3.2% · Operating margin change -6 points · 95% evidence Capital efficiency 19.4/25 · ROCE 24.3% · Operating margin 12% · 76% evidence Valuation 12.0/20 · P/E 50.9× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -16.7% · 1 year -29.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.8 + 19.4 + 12 + 7.5 = 53.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Kokuyo Camlin Ltd](https://www.sectoralpha.in/stocks/kokuyo-camlin-ltd) KOKUYOCMLN · basing · Evidence leans up · 85% evidence 53.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.7/35 · Revenue 6.2% · Profit 100% · Operating margin change -1.8 points · 100% evidence Capital efficiency 7.6/25 · ROCE 10.2% · Operating margin 6.8% · 100% evidence Valuation 13.3/20 · P/E 34× · PEG 1.5 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -8% · 1 year -28.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 24.7 + 7.6 + 13.3 + 7.5 = 53.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Navneet Education Ltd](https://www.sectoralpha.in/stocks/navneet-education-ltd) NAVNETEDUL · turning · Evidence leans down · 82% evidence 43.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.7/35 · Revenue -3.8% · Profit 64.2% · Operating margin change -4 points · 95% evidence Capital efficiency 9.2/25 · ROCE 10.2% · Operating margin 25% · 76% evidence Valuation 9.7/20 · P/E 22.3× · PEG n/a · 50% evidence Relative strength 15.0/20 · Lead over its industry 6.7% · Lead over NIFTY 500 -5.1% · 1 year -21.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 9.7 + 9.2 + 9.7 + 15 = 43.6 · What this means: Relative strength against the index is -5.1%, and revenue and profit growth are weak. 5. Linc Ltd this page LINC · Evidence leans down · 73% evidence 41.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.5/43.75 · Revenue -1% · Profit -12.5% · Operating margin change -0.9 points · 100% evidence Capital efficiency 19.4/31.25 · ROCE 19.1% · Operating margin 8.7% · 100% evidence Valuation 10.7/25 · P/E 15.4× · PEG 2.41 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 11.5 + 19.4 + 10.7 = 41.6 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Printing & Stationery](https://www.sectoralpha.in/sectors/printing-stationery), all 5 compared on one page. ## Which companies are close to Linc in size? Linc is the 5th largest of 5 Printing & Stationery companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: DOMS Industries, Navneet Education, Flair Writing Industries and Kokuyo Camlin. It is the smallest. ### Printing & Stationery companies close in size

1. [DOMS Industries Ltd](https://www.sectoralpha.in/stocks/doms-industries-ltd) ₹11,067 crore
2. [Navneet Education Ltd](https://www.sectoralpha.in/stocks/navneet-education-ltd) ₹2,794 crore
3. [Flair Writing Industries Ltd](https://www.sectoralpha.in/stocks/flair-writing-industries-ltd) ₹2,430 crore
4. [Kokuyo Camlin Ltd](https://www.sectoralpha.in/stocks/kokuyo-camlin-ltd) ₹748 crore
5. Linc Ltd ₹485 crore

[All 5 Printing & Stationery companies, largest first](https://www.sectoralpha.in/sectors/printing-stationery#all-companies)

### Companies close in size in other industries

1. [Msafe Equipments Ltd](https://www.sectoralpha.in/stocks/msafe-equipments-ltd) ₹486 crore · Aluminium - Sheets/Coils/Wires/Others
2. [IRIS Regtech Solutions Ltd](https://www.sectoralpha.in/stocks/iris-regtech-solutions-ltd) ₹485 crore · IT Enabled Services
3. Linc Ltd ₹485 crore
4. [Peninsula Land Ltd](https://www.sectoralpha.in/stocks/peninsula-land-ltd) ₹485 crore · Realty - Construction & Contracting
5. [Taurian MPS Ltd](https://www.sectoralpha.in/stocks/taurian-mps-ltd) ₹485 crore · Engineering - Heavy - General

## What else do people ask about Linc? ### What is Linc's share price today? Linc Ltd's share price is ₹88.86, −31.6% over the past year. The whole company is worth ₹529 Cr on the market. In the last 52 weeks it traded between ₹82 to ₹125; today it is 17% of the way up from the low, 14.4% below its 200-day average (as of 3 November 2026). ### What were Linc's latest quarterly results? Linc Ltd reported revenue of ₹139 Cr and net profit of ₹6.0 Cr for the Jun 2026 quarter. Revenue rose 1.4% and profit fell 14.4% compared with a year earlier. Earnings per share were ₹0.98. The operating margin was 8.7%, 0.9 percentage points lower than a year earlier (as of 3 November 2026). ### What is Linc's market cap? Linc Ltd's market capitalisation is ₹529 Cr at a share price of ₹88.86. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Linc performing? Linc Ltd's share price has been falling for 57 weeks. In its latest quarter, revenue rose 1.4% and profit fell 14.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 15 weeks running (as of 3 November 2026). ### Will Linc's share price go up? This page does not forecast Linc Ltd's share price. What it shows instead: the share price is ₹88.86, and it has been falling for 57 weeks. Its P/E of 16.8× is higher than 7% of its own last 2 years (as of 3 November 2026). ### Who owns Linc? Promoters own 61.0% of Linc Ltd, foreign institutions 0.9%, domestic institutions 0.0% and the public 38.0% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 1.5 percentage points over 8 quarters (as of 3 November 2026). ### Does Linc have too much debt? No, Linc Ltd has little debt: its debt is 0.10× its equity, and its operating profit is 20 times its interest bill. FY26 borrowings were ₹27.0 Cr against equity of ₹258 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Linc in its business cycle? Linc Ltd's FY26 operating margin was 11.0%, against a 3-year range of 11.0% to 12.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 8.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Linc story? The main question: the P/E is near the low end of its own history, higher than only 7% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Linc a stock worth studying right now? What the numbers show: Linc Ltd's P/E is near the low end of its own history, higher than only 7% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Linc share price forecast for 2026? What management itself guided: West Bengal manufacturing facility expected operational by October to December 2026. This is research, not advice. We’re not SEBI-registered.