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London Stock Exchange · Basic Materials

Invest in Johnson Matthey stock from India

Indian and foreign residents can buy Johnson Matthey (JMAT) shares directly through Paasa.

By Paasa · Updated

Johnson Matthey at a glance

Price
£23.80+£0.18 (0.76%)
Market cap
£2.99B
Day range
£23.54 – £23.98
P/E
-41.75
Dividend yield
24.34%
Volume
430.39K
1 month
+4.57%
6 months
+26.46%
YTD
+11.63%
1 year
+19.12%
5 years
-11.36%

Live chart and statistics

Johnson Matthey statements, FY2022–FY2026

Fiscal year20262025202420232022
Revenue£12.6B£11.7B£12.8B£14.9B£16.0B
Gross profit£629.0M£899.0M£927.0M£989.0M£1.0B
Operating income£330.0M£538.0M£249.0M£505.0M£503.0M
Net income−£96.0M£373.0M£108.0M£276.0M−£101.0M
Earnings per share−£0.57£2.11£0.59£1.42−£0.53
EBITDA£479.0M£802.0M£488.0M£621.0M£454.0M
Total assets£6.0B£6.2B£6.3B£7.0B£6.7B
Total debt£1.4B£1.7B£1.5B£1.7B£1.3B
Cash and short-term investments£590.0M£898.0M£542.0M£697.0M£418.0M
Shareholders' equity£2.0B£2.3B£2.4B£2.5B£2.4B
Operating cash flow£376.0M£381.0M£592.0M£225.0M£526.0M
Free cash flow£159.0M£8.0M£224.0M−£91.0M£73.0M
Capital expenditure−£217.0M−£373.0M−£368.0M−£316.0M−£453.0M

Fiscal years as reported, the latest ending 31 Mar 2026. Figures in GBP; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Croda InternationalCRDA.L£32.76£456.31B
Greatland GoldGGP.L£5.54£371.66B
MondiMNDI.L£8.03£353.75B
Hochschild MiningHOC.L£5.20£267.26B
ElementisELM.L£1.74£99.60B
VictrexVCT.L£9.15£79.67B
TreattTET.L£3.05£18.01B
IofinaIOF.L£0.53£10.09B

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

Analyst price targets

Low
—
High
—
Median
—
Consensus
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Ratings: 1 buy · 1 hold · 0 sell. Consensus: Buy.

Published sell-side 12-month targets in GBP, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in Johnson Matthey 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 JMAT and buy

    Find Johnson Matthey by name or by its ticker, JMAT, and place your order.

Why invest in Johnson Matthey from India

What Johnson Matthey does

Johnson Matthey Plc is a global enterprise specializing in sustainable technologies, particularly in clean air solutions, advanced catalysts, hydrogen technology, and services related to platinum group metals (PGMs). Its extensive operations span the UK, Germany, broader Europe, North America, various parts of Asia (including China and Hong Kong), and other international markets. Johnson Matthey operates in the Chemicals - Specialty industry within the Basic Materials 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 Johnson Matthey 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 Johnson Matthey stock from India?

Yes. Indian residents and NRIs can buy Johnson Matthey (JMAT) shares directly through Paasa. Johnson Matthey is listed on the London Stock Exchange, in the Chemicals - Specialty 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 Johnson Matthey dividends taxed for Indian investors?

The UK levies 0% withholding tax on company dividends paid to non-residents. Dividends are taxed at your slab rate in India. Johnson Matthey’s current yield is 24.34%. 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 Johnson Matthey 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 Johnson Matthey 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 Johnson Matthey alone.

Is there stamp duty when I buy Johnson Matthey 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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