Toronto Stock Exchange · Financial Services
Invest in EQB stock from India
Indian and foreign residents can buy EQB (EQB) shares directly through Paasa.
By Paasa · Updated
EQB at a glance
- Price
- CA$125.80-CA$0.78 (0.62%)
- Market cap
- CA$4.60B
- Day range
- CA$125.33 – CA$126.95
- P/E
- -599.05
- Dividend yield
- 1.91%
- Volume
- 59.39K
- 1 month
- +0.16%
- 6 months
- +16.82%
- YTD
- +21.09%
- 1 year
- +35.27%
- 5 years
- +76.07%
EQB statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$3.1B | CA$3.3B | CA$3.1B | CA$1.7B | CA$1.2B |
| Gross profit | CA$1.2B | CA$1.1B | CA$3.1B | CA$744.9M | CA$650.6M |
| Operating income | CA$371.5M | CA$554.3M | CA$871.3M | CA$368.5M | CA$390.4M |
| Net income | CA$265.3M | CA$400.6M | CA$445.9M | CA$270.2M | CA$292.5M |
| Earnings per share | CA$6.70 | CA$10.19 | CA$11.73 | CA$7.63 | CA$8.49 |
| EBITDA | CA$439.4M | CA$614.4M | CA$47.0M | CA$1.3B | CA$423.1M |
| Total assets | CA$53.5B | CA$53.2B | CA$52.9B | CA$51.1B | CA$36.2B |
| Total debt | CA$13.1B | CA$19.3B | CA$17.4B | CA$19.5B | CA$13.6B |
| Cash and short-term investments | CA$2.3B | CA$2.0B | −CA$1.3B | CA$2.3B | CA$1.4B |
| Shareholders' equity | CA$3.2B | CA$3.1B | CA$2.8B | CA$2.5B | CA$2.0B |
| Operating cash flow | CA$640.0M | −CA$278.2M | CA$596.5M | CA$29.9M | CA$693.3M |
| Free cash flow | CA$555.1M | −CA$345.6M | CA$561.5M | −CA$46.7M | CA$654.7M |
| Capital expenditure | −CA$84.9M | −CA$67.4M | −CA$35.0M | −CA$76.6M | −CA$38.6M |
Fiscal years as reported, the latest ending 31 Oct 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Brookfield Business | BBUC.TO | CA$36.21 | CA$7.44B |
| Keel Infrastructure | BITF.TO | CA$7.74 | CA$4.67B |
| Sprott | SII.TO | CA$169.77 | CA$4.38B |
| Intact Financial | IFC-PA.TO | CA$23.75 | CA$4.21B |
| First National Financial | FN.TO | CA$47.98 | CA$2.88B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in EQB 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 EQB and buy
Find EQB by name or by its ticker, EQB, and place your order.
Why invest in EQB from India
What EQB does
Established in Toronto, Canada in 1970, EQB Inc. operates predominantly through its subsidiary, Equitable Bank, providing a comprehensive suite of personal and commercial banking services to retail and business clients across Canada. The financial institution gathers funds through various deposit vehicles, including term deposits, guaranteed investment certificates (GICs), high-interest savings accounts, tax-free savings accounts (TFSAs), and institutional deposit notes. EQB operates in the Banks - Regional industry within the Financial Services 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 EQB stock from India?
Yes. Indian residents and NRIs can buy EQB (EQB) shares directly through Paasa. EQB is listed on the Toronto Stock Exchange, in the Banks - Regional 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 EQB 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.