Paasa Logo

Toronto Stock Exchange · Consumer Cyclical

Invest in Martinrea International stock from India

Indian and foreign residents can buy Martinrea International (MRE) shares directly through Paasa.

By Paasa · Updated

Martinrea International at a glance

Price
CA$10.25+CA$0.03 (0.29%)
Market cap
CA$726.66M
Day range
CA$10.16 – CA$10.34
P/E
5.99
Dividend yield
1.95%
Volume
64.22K
1 month
+0.89%
6 months
+14.27%
YTD
-1.06%
1 year
-4.30%
5 years
-8.89%

Live chart and statistics

Martinrea International statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCA$4.8BCA$5.0BCA$5.3BCA$4.8BCA$3.8B
Gross profitCA$623.7MCA$648.6MCA$675.4MCA$559.3MCA$345.6M
Operating incomeCA$269.6MCA$124.6MCA$269.1MCA$217.8MCA$62.9M
Net incomeCA$107.0M−CA$34.5MCA$153.7MCA$132.8MCA$35.9M
Earnings per shareCA$1.47−CA$0.46CA$1.93CA$1.65CA$0.45
EBITDACA$499.3MCA$475.2MCA$597.9MCA$516.6MCA$328.4M
Total assetsCA$3.7BCA$3.8BCA$4.0BCA$4.1BCA$3.6B
Total debtCA$1.1BCA$1.2BCA$1.2BCA$1.3BCA$1.3B
Cash and short-term investmentsCA$174.1MCA$168.0MCA$186.8MCA$161.7MCA$153.3M
Shareholders' equityCA$1.5BCA$1.5BCA$1.5BCA$1.4BCA$1.2B
Operating cash flowCA$430.5MCA$433.3MCA$511.1MCA$437.8MCA$180.0M
Free cash flowCA$183.6MCA$150.5MCA$207.6MCA$54.0M−CA$118.7M
Capital expenditure−CA$246.9M−CA$282.7M−CA$303.5M−CA$383.8M−CA$298.8M

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

Peer comparison

CompanyTickerPriceMarket cap
CascadesCAS.TOCA$18.57CA$1.88B
A & W Food Services of CanadaAW.TOCA$36.21CA$869.18M
MTY FoodMTY.TOCA$31.82CA$726.81M
TWC EnterprisesTWC.TOCA$27.55CA$665.40M
AutoCanadaACQ.TOCA$23.72CA$546.30M
Kits EyecareKITS.TOCA$15.75CA$535.43M
Pollard BanknotePBL.TOCA$16.68CA$451.49M
Exco TechnologiesXTC.TOCA$8.22CA$308.27M

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

Analyst price targets

Low
—
High
—
Median
—
Consensus
—

Ratings: 0 buy · 1 hold · 0 sell. Consensus: Hold.

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

How to invest in Martinrea International 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 CAD when you buy.

  3. Step 3

    Search MRE and buy

    Find Martinrea International by name or by its ticker, MRE, and place your order.

Why invest in Martinrea International from India

What Martinrea International does

Martinrea International Inc. specializes in the design, development, manufacture, and distribution of a diverse range of metal components, sub-assemblies, fluid management systems, and aluminum products. These offerings primarily cater to the global automotive industry, with significant operations across North America, Europe, and other international markets. Martinrea International operates in the Auto - Parts industry within the Consumer Cyclical 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 Martinrea International stock from India?

Yes. Indian residents and NRIs can buy Martinrea International (MRE) shares directly through Paasa. Martinrea International is listed on the Toronto Stock Exchange, in the Auto - Parts 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 Martinrea 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.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

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