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NASDAQ · Consumer Cyclical

Invest in FST stock from India

Indian and foreign residents can buy FST (KBSX) shares directly through Paasa.

By Paasa · Updated

FST at a glance

Price
$1.68+$0.18 (12.00%)
Market cap
$75.21M
Day range
$1.59 – $1.70
P/E
14.84
Dividend yield
None
Volume
65.67K
1 month
+57.01%
6 months
+13.51%
YTD
+20.00%
1 year
+12.00%
5 years
-85.79%

Live chart and statistics

FST statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$48.0M$36.5M$28.7M$49.8M$38.9M
Gross profit$20.6M$15.7M$13.4M$26.6M$16.8M
Operating income−$2.3M−$3.6M−$3.1M$10.3M$3.1M
Net income−$1.5M−$3.2M−$2.2M$9.4M$2.3M
Earnings per share−$0.03−$0.09−$0.05$0.17$0.04
EBITDA−$127.5K−$1.7M−$1.3M$11.8M$4.3M
Total assets$59.8M$58.5M$63.3M$60.0M$46.6M
Total debt$35.5M$15.4M$16.0M$9.4M$15.5M
Cash and short-term investments$7.2M$5.2M$8.9M$20.7M$10.5M
Shareholders' equity$9.4M$22.8M$27.4M$32.4M$25.0M
Operating cash flow−$1.0M−$1.6M−$747.4K−$1.1M—
Free cash flow−$1.6M−$5.7M−$747.4K−$1.1M—
Capital expenditure−$603.0K−$4.1M$4.0$1.0—

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

CompanyTickerPriceMarket cap
Alto IngredientsALTO$3.73$289.02M
Ascent IndustriesACNT$14.70$132.86M
Paramount Gold NevadaPZG$1.31$112.38M
Nexmetals MiningNEXM$2.18$77.71M
Northern Technologies InternationalNTIC$7.80$74.04M
Solitario ZincXPL$0.63$59.16M
LargoLGO$0.53$39.66M
Loop IndustriesLOOP$0.46$22.30M

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

How to invest in FST 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.

  3. Step 3

    Search KBSX and buy

    Find FST by name or by its ticker, KBSX, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in FST from India

What FST does

Based in Chiayi, Taiwan, FST Corp. specializes in the full scope of activities for steel golf shafts. This includes their conceptualization, production, global marketing, and distribution. FST operates in the Leisure industry within the Consumer Cyclical sector.

Hold a dollar asset

FST shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one FST share. There is no minimum trade size.

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 FST stock from India?

Yes. Indian residents and NRIs can buy FST (KBSX) shares directly through Paasa. FST is listed on NASDAQ, in the Leisure industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full FST share?

No. You can buy part of one FST share and add to your position over time. One share is $1.68, and you can buy whole shares or any fraction; there is no minimum trade size.

How are FST dividends taxed for Indian investors?

FST trades on NASDAQ but is domiciled in Taiwan, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. 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 FST shares?

The US does not levy capital gains tax on shares for Indian residents. 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 USD/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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