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London Stock Exchange · Energy

Invest in Genel Energy stock from India

Indian and foreign residents can buy Genel Energy (GENL) shares directly through Paasa.

By Paasa · Updated

Genel Energy at a glance

Price
£0.62-£0.01 (1.75%)
Market cap
£170.58M
Day range
£0.61 – £0.65
P/E
-8.44
Dividend yield
None
Volume
340.46K
1 month
-6.35%
6 months
+17.23%
YTD
+4.03%
1 year
-15.90%
5 years
-52.24%

Live chart and statistics

Genel Energy statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$70.1M$74.7M$84.8M$401.9M$334.9M
Gross profit−$3.9M$5.0M$60.4M$232.5M$116.3M
Operating income−$15.1M−$52.4M−$19.2M$146.6M−$276.8M
Net income−$9.1M−$76.9M−$61.3M−$7.3M−$308.0M
Earnings per share−$0.03−$0.28−$0.22−$0.03−$1.11
EBITDA$37.2M$8.3M$43.2M$300.0M−$106.2M
Total assets$561.2M$598.9M$795.1M$943.5M$1.0B
Total debt$90.7M$65.1M$244.2M$269.5M$278.1M
Cash and short-term investments$224.5M$195.0M$363.4M$494.6M$313.7M
Shareholders' equity$351.1M$357.3M$433.9M$527.8M$581.1M
Operating cash flow$28.8M$66.9M$55.1M$412.4M$228.1M
Free cash flow$9.5M$42.1M−$43.4M$264.2M$115.5M
Capital expenditure−$19.3M−$24.8M−$98.5M−$148.2M−$112.6M

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

CompanyTickerPriceMarket cap
EnQuestENQ.L£0.26£48.48B
Tullow OilTLW.L£0.22£32.65B
Capricorn EnergyCNE.L£4.50£30.90B
KistosKIST.L£3.20£26.60B
Gran Tierra EnergyGTE.L£7.50£26.52B
AfentraAET.L£0.78£20.99B
Jadestone EnergyJSE.L£0.39£20.98B
Gulf Marine ServicesGMS.L£0.18£20.97B

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

How to invest in Genel Energy 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 GBP when you buy.

  3. Step 3

    Search GENL and buy

    Find Genel Energy by name or by its ticker, GENL, and place your order.

Why invest in Genel Energy from India

What Genel Energy does

London-based Genel Energy plc functions as an independent entity engaged in oil and gas exploration and production, leveraging its various subsidiaries. The company organizes its activities into two main divisions: Production and Pre-production. Genel Energy operates in the Oil & Gas Exploration & Production industry within the Energy 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.

Here's what inheritance rules in the UK mean for your Genel Energy shares.

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.

About inheritance tax in the UK

Frequently asked questions

Can I buy Genel Energy stock from India?

Yes. Indian residents and NRIs can buy Genel Energy (GENL) shares directly through Paasa. Genel Energy is listed on the London Stock Exchange, in the Oil & Gas Exploration & Production 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 Genel Energy dividends taxed for Indian investors?

Genel Energy does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, the UK levies 0% withholding tax on company dividends paid to non-residents, and dividends are taxed at your slab rate in India.

What tax do I pay in India when I sell Genel Energy shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed 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 GBP/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.

What happens to my Genel Energy shares if I pass away?

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at Genel Energy alone.

Is there stamp duty when I buy Genel Energy shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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