Paasa Logo

Euronext Paris · Industrials

Invest in Altheora stock from India

Indian and foreign residents can buy Altheora (ALORA) shares directly through Paasa.

By Paasa · Updated

Altheora at a glance

Price
€0.40+€0.00 (0.00%)
Market cap
€5.36M
Day range
€0.40 – €0.40
P/E
-1.91
Dividend yield
None
Volume
50.00
1 month
-3.62%
6 months
-18.57%
YTD
-19.07%
1 year
-19.88%
5 years
-79.54%

Live chart and statistics

Altheora statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue€34.3M€37.0M€41.3M€35.0M€32.0M
Gross profit€7.5M€22.2M€23.6M€16.9M€17.4M
Operating income−€2.3M−€873.0K−€907.0K−€1.4M−€286.0K
Net income−€2.4M−€1.7M−€2.0M−€1.7M−€228.0K
Earnings per share−€0.18−€0.13−€0.15−€0.21−€0.03
EBITDA€505.0K€1.4M€1.6M€987.0K€1.7M
Total assets€30.2M€33.0M€37.8M€45.2M€35.1M
Total debt€11.6M€13.4M€15.4M€18.5M€9.8M
Cash and short-term investments€1.0M€1.7M€3.8M€5.8M€3.7M
Shareholders' equity€7.8M€10.2M€12.2M€14.1M€8.9M
Operating cash flow€2.1M€888.0K€1.3M−€621.0K€864.0K
Free cash flow€997.0K−€253.0K€84.0K−€3.5M−€3.8M
Capital expenditure−€1.1M−€1.1M−€1.2M−€2.9M−€4.6M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in EUR; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Financière MarjosFINM.PA€1.58€31.55M
i2SALI2S.PA€6.55€10.89M
GrolleauALGRO.PA€3.74€10.63M
WinfarmALWF.PA€3.89€7.78M
AquilaALAQU.PA€3.76€6.14M
UV GermiALUVI.PA€2.51€6.04M
Groupe AirwellALAIR.PA€0.93€5.60M
EcoslopsALESA.PA€1.05€5.47M

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Altheora from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.

  3. Step 3

    Search ALORA and buy

    Find Altheora by name or by its ticker, ALORA, and place your order.

Why invest in Altheora from India

What Altheora does

Altheora SA is a global enterprise dedicated to the creation and supply of sophisticated composite materials. These advanced products are engineered for deployment across a broad spectrum of industries, encompassing aerospace, rail transport, automotive and other motorized equipment, as well as leisure pursuits like sports and marine applications, and even the medical sector. Altheora operates in the Electrical Equipment & Parts industry within the Industrials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Altheora stock from India?

Yes. Indian residents and NRIs can buy Altheora (ALORA) shares directly through Paasa. Altheora is listed on Euronext Paris, in the Electrical Equipment & Parts industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell Altheora shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the EUR/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you