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Euronext Paris · Consumer Defensive

Invest in Galeo Concept stock from India

Indian and foreign residents can buy Galeo Concept (MLGAL) shares directly through Paasa.

By Paasa · Updated

Galeo Concept at a glance

Price
€7.60+€0.00 (0.00%)
Market cap
€4.69M
Day range
€7.60 – €7.60
P/E
-20.54
Dividend yield
None
Volume
150.00
1 month
+27.73%
6 months
+52.61%
YTD
+204.00%
1 year
+261.90%
5 years
+384.08%

Live chart and statistics

Galeo Concept statements, FY2020–FY2024

Fiscal year20242023202220212020
Revenue€2.9M€3.3M€2.9M€3.5M€2.9M
Gross profit€716.3K€151.5K€626.4K€1.1M€268.2K
Operating income−€170.0K€135.1K−€85.3K€224.7K€247.3K
Net income−€226.5K€152.4K−€108.7K€181.3K€94.7K
Earnings per share−€0.37€0.25−€0.18€0.29€0.15
EBITDA−€82.8K€288.9K−€32.4K€263.2K€286.6K
Total assets€3.5M€3.6M€3.6M€3.4M€3.2M
Total debt€1.2M€1.1M€1.5M€1.2M€1.1M
Cash and short-term investments€51.9K€23.8K€36.2K€6.9K€995.0
Shareholders' equity€1.6M€1.9M€1.7M€1.7M€1.6M
Operating cash flow——€0.0€0.0€0.0
Free cash flow——€0.0€0.0€0.0
Capital expenditure——€0.0€0.0€0.0

Fiscal years as reported, the latest ending 31 Dec 2024. Figures in EUR; a dash means the provider reported nothing for that line.

How to invest in Galeo Concept 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 MLGAL and buy

    Find Galeo Concept by name or by its ticker, MLGAL, and place your order.

Why invest in Galeo Concept from India

What Galeo Concept does

Galeo Concept SA, founded in 2001 and headquartered in Nyons, France, is engaged in the manufacturing and retail of items across the beauty, fragrance, and home decoration sectors. The company's public status concluded on July 12, 2013, when it was acquired and taken private. Galeo Concept operates in the Household & Personal Products industry within the Consumer Defensive 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 Galeo Concept stock from India?

Yes. Indian residents and NRIs can buy Galeo Concept (MLGAL) shares directly through Paasa. Galeo Concept is listed on Euronext Paris, in the Household & Personal Products 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 Galeo Concept 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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