Frankfurt Stock Exchange · Basic Materials
Invest in Fortescue stock from India
Indian and foreign residents can buy Fortescue (FVJ) shares directly through Paasa.
By Paasa · Updated
Fortescue at a glance
- Price
- €10.10+€0.08 (0.82%)
- Market cap
- €31.10B
- Day range
- €10.08 – €10.18
- P/E
- 12.30
- Dividend yield
- 6.57%
- Volume
- 1.05K
- 1 month
- -8.18%
- 6 months
- -14.77%
- YTD
- -19.20%
- 1 year
- -3.26%
- 5 years
- +8.60%
Fortescue statements, FY2022–FY2026
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | $17.3B | $15.4B | $18.1B | $16.8B | $17.3B |
| Gross profit | $6.5B | $8.7B | $9.5B | $10.7B | $11.1B |
| Operating income | $5.5B | $5.0B | $8.5B | $7.9B | $9.0B |
| Net income | $2.9B | $3.4B | $5.7B | $4.8B | $6.2B |
| Earnings per share | $0.95 | $1.10 | $1.84 | $1.56 | $2.01 |
| EBITDA | $8.4B | $7.6B | $10.5B | $9.6B | $10.4B |
| Total assets | $32.5B | $30.5B | $30.1B | $28.2B | $29.1B |
| Total debt | $5.9B | $5.4B | $5.4B | $5.3B | $6.1B |
| Cash and short-term investments | $5.1B | $4.3B | $4.9B | $4.3B | $5.2B |
| Shareholders' equity | $20.3B | $20.0B | $19.6B | $18.0B | $17.3B |
| Operating cash flow | $6.9B | $6.5B | $7.9B | $7.4B | $6.3B |
| Free cash flow | $3.6B | $3.2B | $5.1B | $4.5B | $3.6B |
| Capital expenditure | −$3.3B | −$3.2B | −$2.8B | −$2.9B | −$2.7B |
Fiscal years as reported, the latest ending 30 Jun 2026. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Wheaton Precious Metals | SII.DE | €120.35 | €54.65B |
| Corteva | 2X0.DE | €68.15 | €45.58B |
| ArcelorMittal | ARRD.DE | €59.62 | €44.96B |
| BASF | BAS.F | €50.52 | €43.56B |
| BASF | BAS.DE | €50.48 | €43.53B |
| Kinross Gold | KIN2.DE | €21.49 | €25.49B |
| HeidelbergCement | HEI.DE | €143.00 | €25.14B |
| Otis Worldwide | 4PG.DE | €57.79 | €22.00B |
Peers as grouped by the data provider. This is not an investment recommendation.
Analyst price targets
- Low
- —
- High
- —
- Median
- —
- Consensus
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Ratings: 0 buy · 1 hold · 1 sell. Consensus: Hold.
Published sell-side 12-month targets in EUR, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in Fortescue 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 EUR when you buy.
Step 3
Search FVJ and buy
Find Fortescue by name or by its ticker, FVJ, and place your order.
Why invest in Fortescue from India
What Fortescue does
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. The company explores for copper and lithium deposits; and rare earth elements. Fortescue operates in the Industrial Materials industry within the Basic Materials 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 Fortescue stock from India?
Yes. Indian residents and NRIs can buy Fortescue (FVJ) shares directly through Paasa. Fortescue is listed on the Frankfurt Stock Exchange, in the Industrial Materials 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 Fortescue dividends taxed for Indian investors?
Fortescue trades on the Frankfurt Stock Exchange but is domiciled in Australia, so any withholding on its dividends follows that country's rules rather than those of Germany. 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 Fortescue 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.