London Stock Exchange · Financial Services
Invest in Legal & General stock from India
Indian and foreign residents can buy Legal & General (LGEN) shares directly through Paasa.
By Paasa · Updated
Legal & General at a glance
- Price
- £2.92-£0.02 (0.78%)
- Market cap
- £15.94B
- Day range
- £2.92 – £2.98
- P/E
- 25.15
- Dividend yield
- 7.50%
- Volume
- 22.56M
- 1 month
- -0.48%
- 6 months
- +19.67%
- YTD
- +11.49%
- 1 year
- +22.69%
- 5 years
- +3.88%
Legal & General statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | £24.0B | £23.2B | £25.8B | £34.1B | £19.4B |
| Gross profit | £16.9B | £16.0B | £17.4B | £26.6B | £15.0B |
| Operating income | £824.0M | £448.0M | £195.0M | £939.0M | £2.6B |
| Net income | £498.0M | £43.0M | £457.0M | £783.0M | £2.0B |
| Earnings per share | £0.08 | £0.03 | £0.07 | £0.38 | £0.34 |
| EBITDA | £1.1B | £721.0M | £542.0M | £1.2B | £2.9B |
| Total assets | £582.3B | £544.2B | £522.1B | £506.3B | £575.5B |
| Total debt | £25.1B | £7.7B | £6.1B | £5.5B | £5.4B |
| Cash and short-term investments | £17.1B | £18.6B | £22.5B | £36.3B | £16.5B |
| Shareholders' equity | £2.3B | £3.5B | £4.8B | £5.6B | £11.0B |
| Operating cash flow | £4.5B | −£4.4B | −£14.2B | £20.5B | −£169.0M |
| Free cash flow | £4.5B | −£4.5B | −£14.5B | £20.3B | −£374.0M |
| Capital expenditure | −£51.0M | −£95.0M | −£237.0M | −£187.0M | −£205.0M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in GBP; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| AIB | AIBG.L | £9.98 | £20.90B |
| Admiral | ADM.L | £36.16 | £10.81B |
| Schroders | SDR.L | £5.89 | £9.18B |
| M&G | MNG.L | £3.21 | £7.64B |
| Pershing Square | PSH.L | £36.60 | £6.41B |
| ICG | ICG.L | £18.49 | £5.15B |
| Alliance Witan Ord | ALW.L | £13.80 | £5.13B |
| Aberdeen | ABDN.L | £2.48 | £4.44B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Legal & General 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 GBP when you buy.
Step 3
Search LGEN and buy
Find Legal & General by name or by its ticker, LGEN, and place your order.
Why invest in Legal & General from India
What Legal & General does
Legal & General Group Plc (LGEN.L) is a prominent financial services company delivering a diverse range of insurance products and related services across the United Kingdom, the United States, and numerous international markets. Its operations are strategically structured into four distinct divisions: Legal & General Retirement (LGR), Legal & General Investment Management (LGIM), Legal & General Capital (LGC), and Legal & General Insurance (LGI). Legal & General operates in the Asset Management industry within the Financial Services 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 Legal & General 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.
Frequently asked questions
Can I buy Legal & General stock from India?
Yes. Indian residents and NRIs can buy Legal & General (LGEN) shares directly through Paasa. Legal & General is listed on the London Stock Exchange, in the Asset Management 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 Legal & General 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. Legal & General’s current yield is 7.50%. 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 Legal & General 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 Legal & General 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 Legal & General alone.
Is there stamp duty when I buy Legal & General 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.