Toronto Stock Exchange · Consumer Cyclical
Invest in Canlan Ice Sports stock from India
Indian and foreign residents can buy Canlan Ice Sports (ICE) shares directly through Paasa.
By Paasa · Updated
Canlan Ice Sports at a glance
- Price
- CA$4.16-CA$0.01 (0.24%)
- Market cap
- CA$55.48M
- Day range
- CA$4.15 – CA$4.16
- P/E
- 14.21
- Dividend yield
- 15.14%
- Volume
- 1.11K
- 1 month
- -4.37%
- 6 months
- +2.97%
- YTD
- +0.24%
- 1 year
- +2.21%
- 5 years
- +18.18%
Canlan Ice Sports statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$100.0M | CA$94.0M | CA$86.2M | CA$73.7M | CA$40.4M |
| Gross profit | CA$18.4M | CA$88.5M | CA$11.9M | CA$70.1M | CA$39.3M |
| Operating income | CA$7.7M | CA$6.1M | CA$1.9M | CA$2.5M | −CA$2.0M |
| Net income | CA$3.9M | CA$2.8M | CA$435.0K | CA$4.7M | −CA$1.1M |
| Earnings per share | CA$0.29 | CA$0.21 | CA$0.03 | CA$0.35 | −CA$0.08 |
| EBITDA | CA$16.1M | CA$13.7M | CA$9.6M | CA$16.1M | CA$7.9M |
| Total assets | CA$119.8M | CA$130.5M | CA$122.0M | CA$121.7M | CA$116.6M |
| Total debt | CA$51.4M | CA$48.5M | CA$49.3M | CA$50.1M | CA$55.0M |
| Cash and short-term investments | CA$14.1M | CA$21.2M | CA$19.0M | CA$18.5M | CA$12.0M |
| Shareholders' equity | CA$36.0M | CA$48.8M | CA$44.7M | CA$46.7M | CA$40.4M |
| Operating cash flow | CA$11.5M | CA$13.8M | CA$9.3M | CA$10.6M | CA$12.1M |
| Free cash flow | CA$7.2M | CA$6.9M | CA$5.1M | CA$6.9M | CA$11.6M |
| Capital expenditure | −CA$4.3M | −CA$6.9M | −CA$4.2M | −CA$3.7M | −CA$525.0K |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Imaflex | IFX.V | CA$2.34 | CA$121.89M |
| iFabric | IFA.TO | CA$3.84 | CA$116.35M |
| Supremex | SXP.TO | CA$3.43 | CA$83.46M |
| Westport Fuel Systems | WPRT.TO | CA$2.84 | CA$53.95M |
| Unisync | UNI.TO | CA$2.64 | CA$50.19M |
| Dorel Industries | DII-B.TO | CA$1.42 | CA$49.16M |
| Mene | MENE.V | CA$0.17 | CA$44.18M |
| First Hydrogen | FHYD.V | CA$0.38 | CA$30.91M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Canlan Ice Sports 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 CAD when you buy.
Step 3
Search ICE and buy
Find Canlan Ice Sports by name or by its ticker, ICE, and place your order.
Why invest in Canlan Ice Sports from India
What Canlan Ice Sports does
Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in Canada and the United States. The company operates through six segments: Ice/Field Sales and Internal Programming, Food and Beverage, Sports Stores, Sponsorship, Space Rental, and Management Services. Canlan Ice Sports operates in the Leisure industry within the Consumer Cyclical 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 Canlan Ice Sports stock from India?
Yes. Indian residents and NRIs can buy Canlan Ice Sports (ICE) shares directly through Paasa. Canlan Ice Sports is listed on the Toronto Stock Exchange, in the Leisure 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 Canlan Ice Sports 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 CAD/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.