Toronto Stock Exchange · Basic Materials
Invest in Major Drilling Group International stock from India
Indian and foreign residents can buy Major Drilling Group International (MDI) shares directly through Paasa.
By Paasa · Updated
Major Drilling Group International at a glance
- Price
- CA$16.65-CA$0.25 (1.48%)
- Market cap
- CA$1.37B
- Day range
- CA$16.63 – CA$17.11
- P/E
- 52.06
- Dividend yield
- None
- Volume
- 50.77K
- 1 month
- -2.86%
- 6 months
- +7.07%
- YTD
- +29.07%
- 1 year
- +40.51%
- 5 years
- +97.04%
Major Drilling Group International statements, FY2022–FY2026
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | CA$889.1M | CA$727.6M | CA$706.7M | CA$735.7M | CA$650.4M |
| Gross profit | CA$128.9M | CA$130.5M | CA$152.7M | CA$176.9M | CA$139.8M |
| Operating income | CA$47.1M | CA$39.0M | CA$83.5M | CA$98.6M | CA$71.4M |
| Net income | CA$21.4M | CA$26.0M | CA$53.1M | CA$74.9M | CA$53.5M |
| Earnings per share | CA$0.26 | CA$0.32 | CA$0.64 | CA$0.90 | CA$0.65 |
| EBITDA | CA$116.5M | CA$102.5M | CA$125.2M | CA$145.1M | CA$114.1M |
| Total assets | CA$766.0M | CA$718.7M | CA$612.2M | CA$611.7M | CA$557.1M |
| Total debt | CA$35.1M | CA$37.1M | CA$4.7M | CA$25.6M | CA$55.4M |
| Cash and short-term investments | CA$62.6M | CA$46.0M | CA$96.2M | CA$94.4M | CA$71.3M |
| Shareholders' equity | CA$556.0M | CA$522.1M | CA$493.8M | CA$452.6M | CA$359.8M |
| Operating cash flow | CA$81.8M | CA$100.9M | CA$112.0M | CA$113.2M | CA$94.9M |
| Free cash flow | CA$20.8M | CA$28.4M | CA$38.5M | CA$54.5M | CA$44.9M |
| Capital expenditure | −CA$61.0M | −CA$72.5M | −CA$73.5M | −CA$58.7M | −CA$49.9M |
Fiscal years as reported, the latest ending 30 Apr 2026. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Robex Resources | RBX.V | CA$7.20 | CA$1.99B |
| AbraSilver Resource | ABRA.TO | CA$12.13 | CA$1.95B |
| GoGold Resources | GGD.TO | CA$4.16 | CA$1.80B |
| Sigma Lithium | SGML.V | CA$13.80 | CA$1.54B |
| Avino Silver & Gold Mines | ASM.TO | CA$7.97 | CA$1.40B |
| Rio2 | RIO.TO | CA$3.18 | CA$1.37B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Major Drilling Group International 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 MDI and buy
Find Major Drilling Group International by name or by its ticker, MDI, and place your order.
Why invest in Major Drilling Group International from India
What Major Drilling Group International does
Major Drilling Group International Inc. delivers expert contract drilling services specifically tailored for mining and mineral exploration enterprises. Their extensive service portfolio encompasses a diverse array of drilling methodologies, such as surface and subterranean core extraction, precision directional drilling, reverse circulation, sonic drilling, and specialized applications including geotechnical, environmental, and water-well drilling. Major Drilling Group International operates in the Industrial Materials 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.
Frequently asked questions
Can I buy Major Drilling Group International stock from India?
Yes. Indian residents and NRIs can buy Major Drilling Group International (MDI) shares directly through Paasa. Major Drilling Group International is listed on the Toronto Stock Exchange, in the Industrial Materials 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 Major Drilling Group International 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.