XETRA · Technology
Invest in Binect stock from India
Indian and foreign residents can buy Binect (MA10) shares directly through Paasa.
By Paasa · Updated
Binect at a glance
- Price
- €1.80+€0.00 (0.00%)
- Market cap
- €5.79M
- Day range
- €1.80 – €1.83
- P/E
- 48.39
- Dividend yield
- None
- Volume
- 500.00
- 1 month
- +2.86%
- 6 months
- +29.50%
- YTD
- +13.92%
- 1 year
- +2.27%
- 5 years
- -45.12%
Binect statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | €22.2M | €21.0M | €14.8M | €12.5M | €10.2M |
| Gross profit | €4.5M | €2.6M | €3.2M | €5.2M | €4.4M |
| Operating income | €34.4K | €23.0K | €353.1K | €318.1K | €189.9K |
| Net income | €119.7K | €86.9K | €97.8K | €154.7K | €99.6K |
| Earnings per share | €0.04 | €0.03 | €0.03 | €0.05 | €0.03 |
| EBITDA | €775.4K | €775.5K | €850.1K | €740.6K | €633.0K |
| Total assets | €13.3M | €14.4M | €12.2M | €11.6M | €10.0M |
| Total debt | €517.9K | €648.7K | €718.2K | €776.5K | €0.0 |
| Cash and short-term investments | €2.1M | €2.3M | €2.2M | €2.5M | €2.0M |
| Shareholders' equity | €9.0M | €8.9M | €8.8M | €8.7M | €8.5M |
| Operating cash flow | €212.4K | €541.3K | €973.1K | €1.4M | −€475.5K |
| Free cash flow | −€50.7K | €187.9K | −€143.7K | €580.9K | −€1.0M |
| Capital expenditure | −€263.1K | −€353.3K | −€1.1M | −€850.1K | −€563.0K |
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
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| aconnic | CFC.DE | €0.47 | €7.70M |
| LIBERO Football Finance | TUF.F | €0.18 | €7.35M |
| tokentus investment | 14D.DE | €0.60 | €5.02M |
| coinIX GmbH & Co. KGaA | XCX.DU | $1.20 | $3.69M |
| GreenMerc AB (publ) | L5L.F | €0.13 | €2.66M |
| DWK Deutsche Wasserkraft | T7RA.HM | $0.72 | $1.75M |
| iFunded | ILK1.SG | €0.61 | €1.12M |
| Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft | EFF.DE | €0.38 | €629.79K |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Binect from India
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.
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.
Step 3
Search MA10 and buy
Find Binect by name or by its ticker, MA10, and place your order.
Why invest in Binect from India
What Binect does
Binect AG, a technology holding firm established in 2004 and headquartered in Weiterstadt, Germany, operates within Germany, specializing in digital business communication, hybrid and digital mail services, and comprehensive output management solutions. The company provides an extensive software and service platform tailored for digitizing diverse business documents and streamlining receipt logistics. Binect operates in the Software - Application industry within the Technology 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 Binect stock from India?
Yes. Indian residents and NRIs can buy Binect (MA10) shares directly through Paasa. Binect is listed on XETRA, in the Software - Application 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 Binect 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.