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XETRA · Technology

Invest in FORTEC Elektronik stock from India

Indian and foreign residents can buy FORTEC Elektronik (FEV) shares directly through Paasa.

By Paasa · Updated

FORTEC Elektronik at a glance

Price
€11.20+€0.00 (0.00%)
Market cap
€36.40M
Day range
€11.20 – €11.20
P/E
58.55
Dividend yield
3.57%
Volume
4.00
1 month
-1.32%
6 months
-9.68%
YTD
+2.28%
1 year
-25.33%
5 years
-42.27%

Live chart and statistics

FORTEC Elektronik statements, FY2020–FY2024

Fiscal year20242023202220212020
Revenue€79.7M€94.5M€105.9M€89.0M€77.4M
Gross profit€26.7M€32.6M€35.3M€29.1M€23.9M
Operating income€1.9M€7.1M€10.7M€8.5M€5.3M
Net income€1.3M€5.3M€7.6M€6.3M€3.9M
Earnings per share€0.42€1.63€2.32€1.92€1.19
EBITDA€4.6M€9.0M€12.3M€10.1M€7.2M
Total assets€73.3M€78.8M€76.3M€70.8M€64.0M
Total debt€7.2M€6.3M€6.6M€7.9M€9.6M
Cash and short-term investments€19.5M€22.3M€13.4M€13.5M€14.8M
Shareholders' equity€56.1M€57.8M€55.0M€49.8M€44.5M
Operating cash flow€1.9M€13.7M€5.0M€2.1M€10.2M
Free cash flow€1.2M€13.2M€4.5M€1.9M€9.9M
Capital expenditure−€730.0K−€556.0K−€516.0K−€237.0K−€251.0K

Fiscal years as reported, the latest ending 30 Jun 2025. Figures in EUR; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Net-DigitalVRL.DE€28.00€60.04M
Internet Thailand PublicIE2A.F€0.09€55.20M
ViscomV6C.DE€5.14€45.67M
OrbisOBS.DE€4.70€44.51M
FriwoCEA.DE€3.74€31.99M
SoftingSYT.DE€2.40€26.20M
Hyrican InformationssystemeHYI.F€5.20€25.22M
RubeanR1B.F€4.66€22.88M

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

How to invest in FORTEC Elektronik 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 FEV and buy

    Find FORTEC Elektronik by name or by its ticker, FEV, and place your order.

Why invest in FORTEC Elektronik from India

What FORTEC Elektronik does

FORTEC Elektronik AG, established in Germering, Germany, in 1984, specializes in supplying industrial power solutions and display technologies to clients both within Germany and globally. The company operates through two primary divisions. FORTEC Elektronik operates in the Technology Distributors industry within the Technology 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 FORTEC Elektronik stock from India?

Yes. Indian residents and NRIs can buy FORTEC Elektronik (FEV) shares directly through Paasa. FORTEC Elektronik is listed on XETRA, in the Technology Distributors 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 FORTEC Elektronik 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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