Paasa Logo

NYSE American · Utilities

Invest in Ellomay Capital stock from India

Indian and foreign residents can buy Ellomay Capital (ELLO) shares directly through Paasa.

By Paasa · Updated

Ellomay Capital at a glance

Price
$21.90+$1.19 (5.72%)
Market cap
$301.85M
Day range
$21.25 – $21.90
P/E
4.28
Dividend yield
None
Volume
4.60K
1 month
+8.15%
6 months
-12.40%
YTD
-9.88%
1 year
+23.94%
5 years
-16.92%

Live chart and statistics

Ellomay Capital statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue€33.9M€40.5M€47.4M€52.2M€44.7M
Gross profit−€2.0M€4.8M€8.6M€24.8M€12.8M
Operating income€1.5M€9.1M€214.0K€4.6M€4.7M
Net income−€2.1M−€6.5M€2.2M−€357.0K−€15.1M
Earnings per share−€0.17−€0.50€0.17−€0.08−€1.20
EBITDA€24.8M€20.4M€29.5M€27.0M€2.1M
Total assets€845.4M€677.3M€612.9M€576.2M€551.1M
Total debt€637.8M€521.1M€446.4M€407.0M€376.3M
Cash and short-term investments€88.3M€41.1M€52.1M€49.3M€71.6M
Shareholders' equity€140.9M€118.6M€115.0M€95.7M€115.5M
Operating cash flow€1.8M€8.0M€8.6M€11.3M€16.1M
Free cash flow−€96.0M−€67.5M−€52.5M−€37.3M−€64.8M
Capital expenditure−€97.8M−€75.4M−€61.1M−€48.6M−€80.9M

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

CompanyTickerPriceMarket cap
Montauk RenewablesMNTK$2.94$418.48M
Artesian ResourcesARTNA$33.30$343.80M
CadizCDZI$3.58$301.03M
Pure CyclePCYO$10.99$264.83M
Global Water ResourcesGWRS$7.98$229.53M
RGC ResourcesRGCO$21.53$224.07M
Georgia Power Company 5% JR SUB NT 77GPJA$18.95$175.51M
Verde Clean FuelsVGAS$1.13$50.34M

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

How to invest in Ellomay Capital 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 ELLO and buy

    Find Ellomay Capital by name or by its ticker, ELLO, 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 Ellomay Capital from India

What Ellomay Capital does

Ellomay Capital Ltd., together with its subsidiaries, engages in the initiation, development, construction, and production of renewable and clean energy projects in Europe, the United States, and Israel. The company owns photovoltaic (PV) plants comprising five PV plants in Spain. Ellomay Capital operates in the Renewable Utilities industry within the Utilities sector.

Hold a dollar asset

Ellomay Capital 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 Ellomay Capital 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.

Frequently asked questions

Can I buy Ellomay Capital stock from India?

Yes. Indian residents and NRIs can buy Ellomay Capital (ELLO) shares directly through Paasa. Ellomay Capital is listed on NYSE American, 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.

Do I need to buy a full Ellomay Capital share?

No. You can buy part of one Ellomay Capital share and add to your position over time. One share is $21.90, and you can buy whole shares or any fraction; there is no minimum trade size.

How are Ellomay Capital dividends taxed for Indian investors?

Ellomay Capital trades on NYSE American but is domiciled in Israel, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. 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 Ellomay Capital 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.

Share this guide
Get started

Build wealth in dollars, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you