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London Stock Exchange · Industrials

Invest in Morgan Sindall stock from India

Indian and foreign residents can buy Morgan Sindall (MGNS) shares directly through Paasa.

By Paasa · Updated

Morgan Sindall at a glance

Price
£43.84+£0.74 (1.72%)
Market cap
£2.05B
Day range
£42.76 – £44.60
P/E
10.91
Dividend yield
3.60%
Volume
26.57K
1 month
-0.36%
6 months
+5.64%
YTD
-5.72%
1 year
+0.21%
5 years
+83.82%

Live chart and statistics

Morgan Sindall statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue£5.0B£4.5B£4.1B£3.6B£3.2B
Gross profit£612.0M£529.9M£446.7M£370.9M£382.8M
Operating income£219.4M£162.0M£140.6M£88.3M£129.8M
Net income£174.9M£131.7M£117.7M£60.9M£97.9M
Earnings per share£3.72£2.81£2.54£1.33£2.12
EBITDA£255.6M£209.3M£162.9M£111.0M£147.0M
Total assets£2.4B£2.1B£2.0B£1.8B£1.7B
Total debt£132.9M£118.5M£144.4M£134.0M£163.4M
Cash and short-term investments£590.5M£544.2M£541.3M£431.7M£468.6M
Shareholders' equity£748.8M£647.2M£568.1M£496.2M£474.2M
Operating cash flow£205.9M£128.8M£196.0M£54.7M£110.5M
Free cash flow£189.9M£110.6M£181.4M£42.9M£102.5M
Capital expenditure−£16.0M−£18.2M−£14.3M−£11.8M−£8.0M

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

CompanyTickerPriceMarket cap
Balfour BeattyBBY.L£9.25£4.37B
RSRS1.L£7.69£3.54B
MitieMTO.L£2.10£2.61B
Hill & SmithHILS.L£33.05£2.58B
QinetiQQQ.L£4.93£2.52B
KellerKLR.L£33.52£2.28B
GraftonGFTU.L£9.87£1.92B
International WorkplaceIWG.L£1.81£1.73B

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

How to invest in Morgan Sindall 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 GBP when you buy.

  3. Step 3

    Search MGNS and buy

    Find Morgan Sindall by name or by its ticker, MGNS, and place your order.

Why invest in Morgan Sindall from India

What Morgan Sindall does

Morgan Sindall Group plc is a prominent construction and regeneration company operating across the United Kingdom. Its operations are organized into five distinct business units: Construction & Infrastructure, Fit Out, Property Services, Partnership Housing, and Urban Regeneration. Morgan Sindall operates in the Engineering & Construction 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.

Here's what inheritance rules in the UK mean for your Morgan Sindall 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.

About inheritance tax in the UK

Frequently asked questions

Can I buy Morgan Sindall stock from India?

Yes. Indian residents and NRIs can buy Morgan Sindall (MGNS) shares directly through Paasa. Morgan Sindall is listed on the London Stock Exchange, in the Engineering & Construction 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 Morgan Sindall 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. Morgan Sindall’s current yield is 3.60%. 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 Morgan Sindall 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 Morgan Sindall 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 Morgan Sindall alone.

Is there stamp duty when I buy Morgan Sindall 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.

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