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NYSE American · Energy

Invest in Barnwell Industries stock from India

Indian and foreign residents can buy Barnwell Industries (BRN) shares directly through Paasa.

By Paasa · Updated

Barnwell Industries at a glance

Price
$0.94+$0.01 (1.32%)
Market cap
$13.56M
Day range
$0.92 – $0.95
P/E
-1.92
Dividend yield
None
Volume
11.42K
1 month
-4.35%
6 months
-19.46%
YTD
-15.11%
1 year
-30.71%
5 years
-68.90%

Live chart and statistics

Barnwell Industries statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$13.7M$21.7M$25.0M$27.1M$16.2M
Gross profit$1.6M$2.3M$4.5M$10.3M$3.1M
Operating income−$5.4M−$3.3M−$2.5M$2.2M−$4.0M
Net income−$6.9M−$5.6M−$961.0K$5.5M$6.3M
Earnings per share−$0.69−$0.56−$0.10$0.57$0.73
EBITDA−$3.1M$890.0K$4.4M$8.6M$7.1M
Total assets$20.8M$30.7M$35.4M$37.2M$24.4M
Total debt$264.0K$7.0K$47.0K$266.0K$344.0K
Cash and short-term investments$2.9M$4.5M$2.8M$12.8M$11.3M
Shareholders' equity$7.0M$13.0M$18.7M$19.1M$9.5M
Operating cash flow−$1.9M$4.7M$1.9M$7.3M$831.0K
Free cash flow−$4.9M$1.2M−$9.7M−$2.9M−$1.1M
Capital expenditure−$3.1M−$3.5M−$11.6M−$10.2M−$1.9M

Fiscal years as reported, the latest ending 30 Sep 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
EON ResourcesEONR$0.49$24.43M
Battalion OilBATL$1.08$23.78M
Mexco EnergyMXC$10.03$20.52M
TMD EnergyTMDE$0.67$15.78M
Sky QuarrySKYQ$2.50$11.99M
STAKSTAK$1.11$11.11M
CBL InternationalBANL$4.65$9.84M
Trio PetroleumTPET$1.69$8.31M

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

How to invest in Barnwell Industries 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.

  3. Step 3

    Search BRN and buy

    Find Barnwell Industries by name or by its ticker, BRN, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in Barnwell Industries from India

What Barnwell Industries does

Barnwell Industries, Inc., established in 1956 and based in Honolulu, Hawaii, is a diversified company operating across three distinct business areas: oil and natural gas, land investment, and contract drilling. The company's energy operations involve the acquisition, development, extraction, and sale of crude oil and natural gas resources, predominantly in the Canadian province of Alberta. Barnwell Industries operates in the Oil & Gas Exploration & Production industry within the Energy sector.

Hold a dollar asset

Barnwell Industries shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one Barnwell Industries share. There is no minimum trade size.

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.

Planning to hold more than $60,000 in US stocks? Here's what US estate tax means for you.

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.

There are two ways to plan for it: keep the right estate documentation in place, or get your energy exposure through a UCITS ETF instead, which sits outside US estate tax.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy Barnwell Industries stock from India?

Yes. Indian residents and NRIs can buy Barnwell Industries (BRN) shares directly through Paasa. Barnwell Industries is listed on NYSE American, in the Oil & Gas Exploration & Production industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Barnwell Industries share?

No. You can buy part of one Barnwell Industries share and add to your position over time. One share is $0.94, and you can buy whole shares or any fraction; there is no minimum trade size.

How are Barnwell Industries dividends taxed for Indian investors?

Barnwell Industries does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, the US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India, and dividends are taxed at your slab rate in India.

What tax do I pay in India when I sell Barnwell Industries shares?

The US does not levy capital gains tax on shares for Indian residents. 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 USD/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 Barnwell Industries shares if I pass away?

US-listed shares held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. There are two ways to plan for it: keep the right estate documentation in place, or get your energy exposure through a UCITS ETF instead, which sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

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