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Euronext Paris · Utilities

Invest in CMG Cleantech stock from India

Indian and foreign residents can buy CMG Cleantech (MLCMG) shares directly through Paasa.

By Paasa · Updated

CMG Cleantech at a glance

Price
€0.18+€0.00 (0.00%)
Market cap
€6.22M
Day range
€0.18 – €0.18
P/E
-31.58
Dividend yield
None
Volume
2.00K
1 month
+20.00%
6 months
-21.74%
YTD
-35.71%
1 year
-37.93%
5 years
-96.84%

Live chart and statistics

CMG Cleantech statements, FY2019–FY2023

Fiscal year20232022202120202019
Revenue€0.0€0.0€0.0€0.0€0.0
Gross profit€0.0−€119.0−€3.0M−€115.0−€115.2K
Operating income−€174.5K€182.5−€3.2M−€3.0K−€178.9K
Net income−€175.2K−€182.0−€3.2M−€3.0K−€178.9K
Earnings per share−€0.01€0.00−€0.10−€0.00−€0.01
EBITDA−€175.2K€0.0−€157.6K−€115.0−€63.6K
Total assets€218.1K€196.9K€200.2K€3.0M€5.9M
Total debt€233.0€895.2K€715.4K€390.3K€261.8K
Cash and short-term investments€0.0€5.7K€6.4K€13.4K€1.4K
Shareholders' equity−€899.0K−€723.1K−€540.9K€2.6M€5.6M
Operating cash flow—€0.0€6.0M€0.0€0.0
Free cash flow—€0.0€6.0M€0.0€0.0
Capital expenditure—€0.0€0.0€0.0€0.0

Fiscal years as reported, the latest ending 30 Apr 2024. Figures in EUR; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
ArverneARVEN.PA€5.90€221.12M
Haffner EnergyALHAF.PA€0.82€49.62M
Blue Shark Power SystemMLBSP.PA€3.70€20.35M
Charwood EnergyALCWE.PA€3.24€16.77M
E-PangoALAGO.PA€0.16€7.68M
Compagnie des Eaux de RoyanMLEDR.PA€35.80€6.42M
Méthanor SCAALMET.PA€2.32€5.60M
Agripower FranceALAGP.PA€0.92€3.50M

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

How to invest in CMG Cleantech 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 EUR when you buy.

  3. Step 3

    Search MLCMG and buy

    Find CMG Cleantech by name or by its ticker, MLCMG, and place your order.

Why invest in CMG Cleantech from India

What CMG Cleantech does

CMG Cleantech S.A. functions as a mining firm, primarily engaged in the quarrying of granite in Uruguay. The company provides two distinct granite types: a gray variety suitable for numerous applications including memorials, paving, architectural facades, furniture, and public infrastructure, along with a unique violet blue granite. CMG Cleantech operates in the Renewable Utilities industry within the Utilities 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 CMG Cleantech stock from India?

Yes. Indian residents and NRIs can buy CMG Cleantech (MLCMG) shares directly through Paasa. CMG Cleantech is listed on Euronext Paris, in the Renewable Utilities 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 CMG Cleantech 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.

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