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London Stock Exchange · Industrials

Invest in FirstGroup stock from India

Indian and foreign residents can buy FirstGroup (FGP) shares directly through Paasa.

By Paasa · Updated

FirstGroup at a glance

Price
£1.83+£0.02 (1.33%)
Market cap
£971.65M
Day range
£1.74 – £1.89
P/E
8.33
Dividend yield
3.94%
Volume
1.54M
1 month
+2.07%
6 months
+9.27%
YTD
-4.14%
1 year
-19.02%
5 years
+105.40%

Live chart and statistics

FirstGroup statements, FY2022–FY2026

Fiscal year20262025202420232022
Revenue£4.8B£4.7B£4.7B£4.8B£4.6B
Gross profit£135.7M£1.8B£2.0B£2.2B£2.1B
Operating income£135.7M£222.6M£46.5M£7.5M−£57.5M
Net income£118.3M£127.5M−£15.9M£87.1M£636.4M
Earnings per share£0.21£0.21−£0.02£0.12£0.60
EBITDA£700.8M£849.8M£656.2M£896.7M£863.6M
Total assets£3.1B£3.7B£3.8B£4.4B£3.8B
Total debt£1.2B£1.3B£1.6B£3.0B£1.4B
Cash and short-term investments£432.0M£171.4M£496.5M£791.4M£787.7M
Shareholders' equity£710.0M£696.7M£633.3M£740.2M£876.6M
Operating cash flow£620.5M£754.2M£543.3M£580.2M£66.8M
Free cash flow£378.7M£597.8M£324.0M£402.3M−£184.8M
Capital expenditure−£241.8M−£156.4M−£216.9M−£177.9M−£251.6M

Fiscal years as reported, the latest ending 31 Mar 2026. Figures in GBP; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
KellerKLR.L£33.40£2.28B
ClarksonCKN.L£50.60£1.57B
BodycoteBOY.L£9.17£1.55B
RHI MagnesitaRHIM.L£31.05£1.47B
Georgia CapitalCGEO.L£47.05£1.45B
KierKIE.L£3.11£1.36B
VolutionFAN.L£6.53£1.29B
Wizz AirWIZZ.L£10.53£1.09B

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

How to invest in FirstGroup 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 GBP when you buy.

  3. Step 3

    Search FGP and buy

    Find FirstGroup by name or by its ticker, FGP, and place your order.

Why invest in FirstGroup from India

What FirstGroup does

FirstGroup plc provides public transport services in the United Kingdom. It operates through First Bus and First Rail segments. FirstGroup operates in the Railroads industry within the Industrials 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.

Here's what inheritance rules in the UK mean for your FirstGroup shares.

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.

About inheritance tax in the UK

Frequently asked questions

Can I buy FirstGroup stock from India?

Yes. Indian residents and NRIs can buy FirstGroup (FGP) shares directly through Paasa. FirstGroup is listed on the London Stock Exchange, in the Railroads 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 FirstGroup dividends taxed for Indian investors?

The UK levies 0% withholding tax on company dividends paid to non-residents. Dividends are taxed at your slab rate in India. FirstGroup’s current yield is 3.94%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell FirstGroup shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed 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 GBP/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.

What happens to my FirstGroup shares if I pass away?

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at FirstGroup alone.

Is there stamp duty when I buy FirstGroup shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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