Toronto Stock Exchange · Industrials
Invest in Hammond Power Solutions stock from India
Indian and foreign residents can buy Hammond Power Solutions (HPS-A) shares directly through Paasa.
By Paasa · Updated
Hammond Power Solutions at a glance
- Price
- CA$287.09+CA$6.39 (2.28%)
- Market cap
- CA$3.42B
- Day range
- CA$280.70 – CA$292.22
- P/E
- 55.53
- Dividend yield
- 0.39%
- Volume
- 54.70K
- 1 month
- +20.79%
- 6 months
- +57.55%
- YTD
- +80.02%
- 1 year
- +134.38%
- 5 years
- +2558.24%
Hammond Power Solutions statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$898.3M | CA$788.3M | CA$710.1M | CA$558.5M | CA$380.2M |
| Gross profit | CA$271.1M | CA$258.3M | CA$231.0M | CA$165.2M | CA$102.4M |
| Operating income | CA$104.0M | CA$98.8M | CA$86.7M | CA$59.4M | CA$23.2M |
| Net income | CA$72.2M | CA$71.5M | CA$63.4M | CA$44.8M | CA$15.2M |
| Earnings per share | CA$6.07 | CA$6.01 | CA$5.33 | CA$3.79 | CA$1.29 |
| EBITDA | CA$124.5M | CA$112.7M | CA$96.0M | CA$69.7M | CA$30.1M |
| Total assets | CA$598.9M | CA$493.1M | CA$408.3M | CA$302.7M | CA$235.1M |
| Total debt | CA$81.4M | CA$36.2M | CA$37.0M | CA$17.6M | CA$28.1M |
| Cash and short-term investments | CA$40.9M | CA$34.1M | CA$52.6M | CA$28.1M | CA$20.9M |
| Shareholders' equity | CA$352.1M | CA$308.0M | CA$230.4M | CA$176.9M | CA$126.0M |
| Operating cash flow | CA$23.1M | CA$64.8M | CA$44.1M | CA$37.0M | CA$20.4M |
| Free cash flow | −CA$12.5M | CA$24.0M | CA$23.6M | CA$27.7M | CA$14.4M |
| Capital expenditure | −CA$35.6M | −CA$40.7M | −CA$20.6M | −CA$9.3M | −CA$6.1M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| MDA | MDA.TO | CA$42.15 | CA$5.85B |
| SECURE Waste Infrastructure | SES.TO | CA$24.62 | CA$5.37B |
| Russel Metals | RUS.TO | CA$86.93 | CA$4.77B |
| Bird Construction | BDT.TO | CA$80.50 | CA$4.46B |
| Aecon | ARE.TO | CA$52.31 | CA$3.58B |
| Badger Infrastructure Solutions | BDGI.TO | CA$94.60 | CA$3.18B |
| Andlauer Healthcare | AND.TO | CA$54.97 | CA$2.15B |
| Savaria | SIS.TO | CA$28.17 | CA$2.03B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Hammond Power Solutions 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 CAD when you buy.
Step 3
Search HPS-A and buy
Find Hammond Power Solutions by name or by its ticker, HPS-A, and place your order.
Why invest in Hammond Power Solutions from India
What Hammond Power Solutions does
Hammond Power Solutions Inc. (HPS) specializes in the engineering, manufacturing, and sale of a broad spectrum of electrical power products. Their portfolio includes tailored magnetic components, alongside a comprehensive range of standard dry-type, cast resin, and liquid-filled transformers, as well as various wound magnetic devices, all designed for the electrical and electronic industries. Hammond Power Solutions operates in the Electrical Equipment & Parts industry within the Industrials 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 Hammond Power Solutions stock from India?
Yes. Indian residents and NRIs can buy Hammond Power Solutions (HPS-A) shares directly through Paasa. Hammond Power Solutions is listed on the Toronto Stock Exchange, in the Electrical Equipment & Parts 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 Hammond Power Solutions 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 CAD/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.