Toronto Stock Exchange · Utilities
Invest in Caribbean Utilities stock from India
Indian and foreign residents can buy Caribbean Utilities (CUP-U) shares directly through Paasa.
By Paasa · Updated
Caribbean Utilities at a glance
- Price
- $14.55-$0.15 (1.02%)
- Market cap
- $618.35M
- Day range
- $14.55 – $14.55
- P/E
- 12.44
- Dividend yield
- 5.36%
- Volume
- 502.00
- 1 month
- +0.34%
- 6 months
- +4.68%
- YTD
- +6.36%
- 1 year
- +6.59%
- 5 years
- -2.02%
Caribbean Utilities statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $284.0M | $293.7M | $287.2M | $267.3M | $198.5M |
| Gross profit | $115.4M | $105.5M | $98.7M | $90.4M | $86.9M |
| Operating income | $44.4M | $40.5M | $38.4M | $32.1M | $30.2M |
| Net income | $47.4M | $42.7M | $38.7M | $33.2M | $22.2M |
| Earnings per share | $1.10 | $1.08 | $1.00 | $0.97 | $0.60 |
| EBITDA | $102.4M | $93.9M | $87.1M | $76.9M | $74.3M |
| Total assets | $879.6M | $851.0M | $777.8M | $726.5M | $634.1M |
| Total debt | $417.8M | $404.8M | $399.7M | $358.6M | $293.4M |
| Cash and short-term investments | $1.9M | $20.2M | $4.0M | $7.9M | $7.4M |
| Shareholders' equity | $412.0M | $393.4M | $324.7M | $308.2M | $297.9M |
| Operating cash flow | $85.6M | $91.5M | $80.8M | $56.2M | $62.0M |
| Free cash flow | −$4.3M | −$9.8M | −$20.8M | −$41.0M | −$1.2M |
| Capital expenditure | −$89.9M | −$101.3M | −$101.6M | −$97.2M | −$63.3M |
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
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| ATCO | ACO-Y.TO | CA$60.00 | CA$6.74B |
| Richards Packaging Income Fund | RPI-UN.TO | CA$30.43 | CA$333.36M |
| Maxim Power | MXG.TO | CA$4.17 | CA$265.08M |
Peers as grouped by the data provider. This is not an investment recommendation.
Analyst price targets
- Low
- —
- High
- —
- Median
- —
- Consensus
- —
Ratings: 0 buy · 1 hold · 0 sell. Consensus: Hold.
Published sell-side 12-month targets in USD, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in Caribbean Utilities 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.
Step 3
Search CUP-U and buy
Find Caribbean Utilities by name or by its ticker, CUP-U, and place your order.
Why invest in Caribbean Utilities from India
What Caribbean Utilities does
Operating in Grand Cayman, Cayman Islands, Caribbean Utilities Company, Ltd. specializes in the generation and distribution of electricity. The company's power production is fueled by diesel, with an installed capacity of 161 megawatts recorded at the end of December 2021. Caribbean Utilities operates in the Regulated Electric industry within the Utilities sector.
Hold a dollar asset
Caribbean Utilities 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.
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 Caribbean Utilities stock from India?
Yes. Indian residents and NRIs can buy Caribbean Utilities (CUP-U) shares directly through Paasa. Caribbean Utilities is listed on the Toronto Stock Exchange, in the Regulated Electric 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 Caribbean Utilities dividends taxed for Indian investors?
Caribbean Utilities trades on the Toronto Stock Exchange but is domiciled in Cayman Islands, so any withholding on its dividends follows that country's rules rather than those of Canada. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Caribbean Utilities 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 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.