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London Stock Exchange · Basic Materials

Invest in Antofagasta stock from India

Indian and foreign residents can buy Antofagasta (ANTO) shares directly through Paasa.

By Paasa · Updated

Antofagasta at a glance

Price
£37.72+£1.22 (3.34%)
Market cap
£37.19B
Day range
£36.77 – £37.72
P/E
29.85
Dividend yield
1.54%
Volume
172.79K
1 month
-6.61%
6 months
+15.49%
YTD
+15.04%
1 year
+34.38%
5 years
+176.95%

Live chart and statistics

Antofagasta statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$8.8B$6.6B$6.3B$5.9B$7.5B
Gross profit$4.3B$2.5B$2.7B$2.4B$4.3B
Operating income$3.6B$2.0B$1.8B$1.6B$3.4B
Net income$1.4B$829.4M$835.1M$1.5B$1.3B
Earnings per share$1.37$0.84$0.85$1.55$1.31
EBITDA$5.4B$3.8B$3.3B$2.8B$4.6B
Total assets$26.4B$22.6B$19.6B$18.2B$17.3B
Total debt$7.7B$5.3B$4.1B$3.3B$3.2B
Cash and short-term investments$4.9B$4.3B$3.4B$2.4B$3.7B
Shareholders' equity$10.4B$9.5B$9.0B$8.6B$8.4B
Operating cash flow$3.4B$2.3B$2.3B$1.9B$3.7B
Free cash flow−$384.2M−$129.3M$203.8M−$2.3M$1.9B
Capital expenditure−$3.8B−$2.4B−$2.1B−$1.9B−$1.8B

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

Peer comparison

CompanyTickerPriceMarket cap
GlencoreGLEN.L£5.54£64.84B
Wheaton Precious MetalsWPM.L£103.50£47.00B
Anglo AmericanAAL.L£40.43£43.32B
FresnilloFRES.L£27.34£20.15B
South32S32.L£2.64£11.83B
Endeavour MiningEDV.L£43.31£10.47B
Trekor MetalsTKO.L£6.43£2.35B
Atalaya MiningATYM.L£10.70£1.65B

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

Analyst price targets

Low
—
High
—
Median
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Consensus
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Ratings: 0 buy · 0 hold · 2 sell. Consensus: Sell.

Published sell-side 12-month targets in GBP, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in Antofagasta 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 GBP when you buy.

  3. Step 3

    Search ANTO and buy

    Find Antofagasta by name or by its ticker, ANTO, and place your order.

Why invest in Antofagasta from India

What Antofagasta does

Antofagasta plc operates as a mining company. It operates through Los Pelambres, Centinela, Antucoya, Zaldívar, Exploration and Evaluation, and Transport Division segments. Antofagasta operates in the Copper industry within the Basic Materials 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.

Here's what inheritance rules in the UK mean for your Antofagasta shares.

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.

About inheritance tax in the UK

Frequently asked questions

Can I buy Antofagasta stock from India?

Yes. Indian residents and NRIs can buy Antofagasta (ANTO) shares directly through Paasa. Antofagasta is listed on the London Stock Exchange, in the Copper industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Antofagasta dividends taxed for Indian investors?

The UK levies 0% withholding tax on company dividends paid to non-residents. Dividends are taxed at your slab rate in India. Antofagasta’s current yield is 1.54%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

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

Non-residents are exempt from UK capital gains tax on the disposal of listed 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 GBP/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.

What happens to my Antofagasta shares if I pass away?

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at Antofagasta alone.

Is there stamp duty when I buy Antofagasta shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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