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Euronext Paris · Industrials

Invest in Mare Nostrum stock from India

Indian and foreign residents can buy Mare Nostrum (ALMAR) shares directly through Paasa.

By Paasa · Updated

Mare Nostrum at a glance

Price
€0.54+€0.00 (0.74%)
Market cap
€3.80M
Day range
€0.54 – €0.56
P/E
0.18
Dividend yield
None
Volume
588.00
1 month
-1.81%
6 months
-7.17%
YTD
+75.48%
1 year
+6.67%
5 years
-82.56%

Live chart and statistics

Mare Nostrum statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue€109.7M€120.5M€169.6M€172.2M€155.6M
Gross profit€1.0M€44.5M€35.5M€66.7M€36.7M
Operating income−€1.0M−€4.4M−€4.1M−€532.0K€1.2M
Net income€23.4M−€9.9M−€11.7M−€2.1M−€536.0K
Earnings per share€3.09−€1.37−€1.55−€0.29−€0.07
EBITDA€15.3M−€7.3M−€6.2M€893.0K€2.4M
Total assets€48.2M€64.3M€74.9M€85.1M€80.5M
Total debt€5.7M€21.2M€21.1M€30.0M€28.3M
Cash and short-term investments€8.1M€8.0M€7.3M€12.0M€14.4M
Shareholders' equity€769.0K−€13.4M−€3.5M€8.1M€10.5M
Operating cash flow€5.3M€6.5M€5.9M−€14.0K€2.0M
Free cash flow€4.9M€6.4M€5.0M−€1.8M€191.0K
Capital expenditure−€311.0K−€170.0K−€841.0K−€1.8M−€1.8M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in EUR; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Financière MarjosFINM.PA€1.55€30.95M
AquilaALAQU.PA€3.66€5.98M
EcoslopsALESA.PA€1.03€5.34M
AltheoraALORA.PA€0.38€5.10M
UmalisMLUMG.PA€4.00€4.97M
Societe De Conseil En Externalisation Et En Marketing InternetMLCMI.PA€3.72€3.91M
Phone WebMLPHW.PA€0.85€863.43K
LucibelALUCI.PA€3.61€801.89K

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

How to invest in Mare Nostrum 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 EUR when you buy.

  3. Step 3

    Search ALMAR and buy

    Find Mare Nostrum by name or by its ticker, ALMAR, and place your order.

Why invest in Mare Nostrum from India

What Mare Nostrum does

Mare Nostrum SA provides human resources management services worldwide. It offers temporary work, recruitment, and training services, as well as wage portage and professional mobility services. Mare Nostrum operates in the Staffing & Employment Services 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 Mare Nostrum stock from India?

Yes. Indian residents and NRIs can buy Mare Nostrum (ALMAR) shares directly through Paasa. Mare Nostrum is listed on Euronext Paris, in the Staffing & Employment 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.

What tax do I pay in India when I sell Mare Nostrum 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 EUR/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.

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