Paasa Logo

New York Stock Exchange · Industrials

Invest in LATAM Airlines stock from India

Indian and foreign residents can buy LATAM Airlines (LTM) shares directly through Paasa.

By Paasa · Updated

LATAM Airlines at a glance

Price
$51.06-$0.44 (0.85%)
Market cap
$14.66B
Day range
$50.75 – $52.16
P/E
9.45
Dividend yield
2.82%
Volume
865.99K
1 month
+1.05%
6 months
+6.40%
YTD
-5.46%
1 year
+14.36%
5 years
—

Live chart and statistics

LATAM Airlines statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$14.3B$12.8B$11.6B$9.4B$4.9B
Gross profit$4.2B$3.3B$2.8B$1.3B−$79.5M
Operating income$2.3B$1.5B$1.1B$1.2B−$3.4B
Net income$1.5B$977.0M$581.8M$1.3B−$4.6B
Earnings per share$5.00$3.20$2.00$27.80−$860.00
EBITDA$3.3B$2.6B$2.3B$3.2B−$2.3B
Total assets$17.6B$15.3B$14.7B$13.2B$13.3B
Total debt$8.1B$7.2B$7.0B$6.9B$10.5B
Cash and short-term investments$2.2B$2.0B$1.9B$1.4B$1.1B
Shareholders' equity$1.3B$723.3M$450.3M$42.3M−$7.1B
Operating cash flow$3.3B$3.1B$2.3B$96.8M−$184.1M
Free cash flow$1.5B$1.7B$1.5B−$733.9M−$859.9M
Capital expenditure−$1.8B−$1.4B−$795.8M−$830.7M−$675.8M

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
RyanairRYAAY$55.49$28.82B
J.B. Hunt Transport ServicesJBHT$229.28$21.53B
CNH IndustrialCNH$13.06$16.19B
ZTO Express (Cayman)ZTO$19.60$15.52B
Lincoln ElectricLECO$270.81$14.76B
Grupo Aeroportuario del PacíficoPAC$210.41$10.93B
American AirlinesAAL$13.61$9.01B
Booz Allen HamiltonBAH$69.71$8.39B

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

Analyst price targets

Low
$70.00
High
$72.60
Median
$71.30
Consensus
$71.30

Ratings: 5 buy · 9 hold · 3 sell. Consensus: Hold.

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

How to invest in LATAM Airlines 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.

  3. Step 3

    Search LTM and buy

    Find LATAM Airlines by name or by its ticker, LTM, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in LATAM Airlines from India

What LATAM Airlines does

LATAM Airlines Group S.A., encompassing its various subsidiaries, specializes in providing both passenger and freight air transport services. The company's vast operational footprint extends across multiple continents, covering Chile, Peru, Ecuador, Colombia, Brazil, a range of other Latin American countries, the Caribbean, North America, Europe, and Oceania. LATAM Airlines operates in the Airlines, Airports & Air Services industry within the Industrials sector.

Hold a dollar asset

LATAM Airlines shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one LATAM Airlines share. There is no minimum trade size.

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 LATAM Airlines stock from India?

Yes. Indian residents and NRIs can buy LATAM Airlines (LTM) shares directly through Paasa. LATAM Airlines is listed on the New York Stock Exchange, in the Airlines, Airports & Air Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full LATAM Airlines share?

No. You can buy part of one LATAM Airlines share and add to your position over time. One share is $51.06, and you can buy whole shares or any fraction; there is no minimum trade size.

How are LATAM Airlines dividends taxed for Indian investors?

LATAM Airlines trades on the New York Stock Exchange but is domiciled in Chile, so any withholding on its dividends follows that country's rules rather than those of the US. What trades there is a depositary receipt over LATAM Airlines shares rather than the ordinary share itself. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell LATAM Airlines shares?

The US does not levy capital gains tax on shares for Indian residents. 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 USD/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.

Share this guide
Get started

Build wealth in dollars, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you