Toronto Stock Exchange · Industrials
Invest in Foraco International stock from India
Indian and foreign residents can buy Foraco International (FAR) shares directly through Paasa.
By Paasa · Updated
Foraco International at a glance
- Price
- CA$2.62-CA$0.02 (0.76%)
- Market cap
- CA$256.63M
- Day range
- CA$2.61 – CA$2.65
- P/E
- 14.62
- Dividend yield
- None
- Volume
- 6.79K
- 1 month
- -7.09%
- 6 months
- +0.38%
- YTD
- +9.17%
- 1 year
- +18.55%
- 5 years
- +25.96%
Foraco International statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $262.7M | $293.5M | $370.1M | $330.6M | $269.7M |
| Gross profit | $44.6M | $63.1M | $93.9M | $71.3M | $46.8M |
| Operating income | $27.1M | $42.5M | $66.7M | $46.4M | $58.9M |
| Net income | $15.8M | $27.8M | $28.7M | $19.8M | $35.5M |
| Earnings per share | $0.16 | $0.28 | $0.29 | $0.20 | $0.38 |
| EBITDA | $45.5M | $59.9M | $86.3M | $67.1M | $77.6M |
| Total assets | $252.5M | $226.0M | $279.7M | $249.5M | $228.8M |
| Total debt | $98.2M | $85.3M | $99.5M | $105.6M | $109.7M |
| Cash and short-term investments | $27.3M | $24.4M | $34.3M | $29.4M | $23.9M |
| Shareholders' equity | $98.6M | $77.5M | $85.9M | $65.2M | $56.0M |
| Operating cash flow | $24.8M | $29.2M | $55.2M | $37.4M | $29.0M |
| Free cash flow | $1.6M | $10.4M | $29.1M | $17.4M | $10.4M |
| Capital expenditure | −$23.1M | −$18.9M | −$26.1M | −$20.0M | −$18.6M |
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 |
|---|---|---|---|
| Blue Moon Metals | MOON.V | CA$7.24 | CA$377.05M |
| Talisker Resources | TSK.TO | CA$1.11 | CA$229.73M |
| Dynacor | DNG.TO | CA$5.15 | CA$216.04M |
| Greenland Resources | MOLY.NE | CA$1.58 | CA$207.54M |
| Graphite One | GPH.V | CA$0.88 | CA$183.89M |
| Cornish Metals | CUSN.V | CA$0.14 | CA$169.36M |
| Laramide Resources | LAM.TO | CA$0.51 | CA$144.79M |
| Geodrill | GEO.TO | CA$2.60 | CA$123.53M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Foraco International 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 FAR and buy
Find Foraco International by name or by its ticker, FAR, and place your order.
Why invest in Foraco International from India
What Foraco International does
Foraco International SA is a global mineral drilling services company. It operates through the Mining and Water segments. Foraco International operates in the Engineering & Construction 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.
Frequently asked questions
Can I buy Foraco International stock from India?
Yes. Indian residents and NRIs can buy Foraco International (FAR) shares directly through Paasa. Foraco International is listed on the Toronto Stock Exchange, in the Engineering & Construction 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 Foraco International dividends taxed for Indian investors?
Foraco International trades on the Toronto Stock Exchange but is domiciled in France, 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 Foraco International 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.