Singapore Exchange · Consumer Cyclical
Invest in Grand Banks Yachts stock from India
Indian and foreign residents can buy Grand Banks Yachts (G50) shares directly through Paasa.
By Paasa · Updated
Grand Banks Yachts at a glance
- Price
- S$0.74+S$0.00 (0.00%)
- Market cap
- S$138.07M
- Day range
- S$0.73 – S$0.74
- P/E
- 10.35
- Dividend yield
- 2.03%
- Volume
- 20.00K
- 1 month
- +1.37%
- 6 months
- +13.85%
- YTD
- -8.07%
- 1 year
- +10.45%
- 5 years
- +155.17%
Grand Banks Yachts statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | S$173.2M | S$162.3M | S$133.7M | S$114.2M | S$75.2M |
| Gross profit | S$48.1M | S$48.5M | S$50.7M | S$36.8M | S$20.0M |
| Operating income | S$20.3M | S$26.1M | S$29.6M | S$14.9M | S$2.7M |
| Net income | S$13.4M | S$18.2M | S$21.4M | S$10.1M | S$4.0M |
| Earnings per share | S$0.07 | S$0.10 | S$0.12 | S$0.05 | S$0.02 |
| EBITDA | S$27.8M | S$32.0M | S$35.2M | S$19.7M | S$8.2M |
| Total assets | S$203.3M | S$179.6M | S$144.4M | S$129.5M | S$113.0M |
| Total debt | S$35.3M | S$28.7M | S$4.4M | S$2.5M | S$3.8M |
| Cash and short-term investments | S$19.8M | S$51.5M | S$42.1M | S$41.1M | S$36.3M |
| Shareholders' equity | S$116.4M | S$102.2M | S$87.2M | S$69.1M | S$63.5M |
| Operating cash flow | −S$488.0K | S$31.2M | S$9.0M | S$15.2M | −S$977.0K |
| Free cash flow | −S$30.1M | S$12.6M | S$4.3M | S$8.4M | −S$8.2M |
| Capital expenditure | −S$29.6M | −S$18.6M | −S$4.7M | −S$6.8M | −S$7.2M |
Fiscal years as reported, the latest ending 30 Jun 2026. Figures in SGD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Thakral | AWI.SI | S$1.50 | S$226.92M |
| Old Chang Kee | 5ML.SI | S$1.17 | S$142.01M |
| Tat Seng Packaging | T12.SI | S$0.85 | S$132.83M |
| Taka Jewellery | 42L.SI | S$0.20 | S$111.88M |
| YHI International | BPF.SI | S$0.38 | S$110.90M |
| Heeton | 5DP.SI | S$0.21 | S$102.32M |
| New Toyo International | N08.SI | S$0.21 | S$89.94M |
| ABR | 533.SI | S$0.39 | S$78.39M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Grand Banks Yachts 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 SGD when you buy.
Step 3
Search G50 and buy
Find Grand Banks Yachts by name or by its ticker, G50, and place your order.
Why invest in Grand Banks Yachts from India
What Grand Banks Yachts does
Grand Banks Yachts Limited, headquartered in Singapore and established in 1956, is a global enterprise focused on the creation and sale of premium recreational motor yachts. The company markets its high-end vessels under prominent brand names including Grand Banks, Eastbay, and Palm Beach, reaching customers across the United States, Australia, Europe, and Asia. Grand Banks Yachts operates in the Leisure industry within the Consumer Cyclical 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 Grand Banks Yachts stock from India?
Yes. Indian residents and NRIs can buy Grand Banks Yachts (G50) shares directly through Paasa. Grand Banks Yachts is listed on the Singapore Exchange, 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.
How are Grand Banks Yachts dividends taxed for Indian investors?
Singapore levies 0% withholding tax on dividends from resident companies. Dividends are taxed at your slab rate in India. Grand Banks Yachts’ current yield is 2.03%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.
What tax do I pay in India when I sell Grand Banks Yachts shares?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. 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 SGD/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.
Would my heirs owe estate tax on Grand Banks Yachts shares?
Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.