Frankfurt Stock Exchange · Industrials
Invest in Nel stock from India
Indian and foreign residents can buy Nel (D7G) shares directly through Paasa.
By Paasa · Updated
Nel at a glance
- Price
- €0.19-€0.00 (0.53%)
- Market cap
- €319.36M
- Day range
- €0.19 – €0.19
- P/E
- -2.97
- Dividend yield
- None
- Volume
- 160.90K
- 1 month
- -1.15%
- 6 months
- +0.00%
- YTD
- -2.07%
- 1 year
- -1.05%
- 5 years
- -86.69%
Nel statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | NOK 962.1M | NOK 1.4B | NOK 1.3B | NOK 914.9M | NOK 753.1M |
| Gross profit | −NOK 296.9M | NOK 885.9M | NOK 634.7M | NOK 319.5M | NOK 201.4M |
| Operating income | −NOK 564.7M | −NOK 389.4M | −NOK 443.5M | −NOK 953.6M | −NOK 582.5M |
| Net income | −NOK 1.3B | −NOK 244.3M | −NOK 855.2M | −NOK 1.2B | −NOK 1.7B |
| Earnings per share | −NOK 0.70 | −NOK 0.15 | −NOK 0.52 | −NOK 0.84 | −NOK 1.14 |
| EBITDA | −NOK 274.5M | −NOK 31.2M | −NOK 335.6M | −NOK 1.0B | −NOK 1.6B |
| Total assets | NOK 5.0B | NOK 6.3B | NOK 7.9B | NOK 7.0B | NOK 6.0B |
| Total debt | NOK 232.9M | NOK 260.0M | NOK 259.7M | NOK 223.0M | NOK 156.6M |
| Cash and short-term investments | NOK 1.6B | NOK 1.9B | NOK 3.4B | NOK 3.7B | NOK 3.3B |
| Shareholders' equity | NOK 3.9B | NOK 5.0B | NOK 6.2B | NOK 5.4B | NOK 5.0B |
| Operating cash flow | −NOK 269.2M | −NOK 241.6M | −NOK 669.7M | −NOK 690.6M | −NOK 449.5M |
| Free cash flow | −NOK 414.2M | −NOK 921.9M | −NOK 1.4B | −NOK 969.3M | −NOK 826.6M |
| Capital expenditure | −NOK 145.0M | −NOK 680.3M | −NOK 739.8M | −NOK 278.7M | −NOK 377.2M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in NOK; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| 2G Energy | 2GB.DE | €58.30 | €1.05B |
| ITM Power | IJ8.DE | €1.16 | €797.87M |
| ITM Power | IJ8.F | €1.13 | €779.24M |
| WashTec | WSU.DE | €34.90 | €465.89M |
| Stabilus | STM.DE | €15.50 | €382.85M |
| HOMAG | HG1.F | €22.80 | €357.69M |
| SFC Energy | F3C.DE | €20.40 | €354.92M |
| technotrans | TTR1.DE | €28.50 | €196.87M |
Peers as grouped by the data provider. This is not an investment recommendation.
Analyst price targets
- Low
- —
- High
- —
- Median
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- Consensus
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Ratings: 0 buy · 1 hold · 0 sell. Consensus: Hold.
Published sell-side 12-month targets in EUR, aggregated by the data provider. They are not Paasa's view and not a forecast.
How to invest in Nel 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 EUR when you buy.
Step 3
Search D7G and buy
Find Nel by name or by its ticker, D7G, and place your order.
Why invest in Nel from India
What Nel does
Nel ASA, a pioneering company established in 1927 and headquartered in Oslo, Norway, delivers comprehensive hydrogen solutions for production, storage, and distribution. Operating across Norway, the United States, Denmark, and South Korea, it sources hydrogen from renewable energy. Nel operates in the Industrial - Machinery 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 Nel stock from India?
Yes. Indian residents and NRIs can buy Nel (D7G) shares directly through Paasa. Nel is listed on the Frankfurt Stock Exchange, in the Industrial - Machinery 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 Nel dividends taxed for Indian investors?
Nel trades on the Frankfurt Stock Exchange but is domiciled in Norway, so any withholding on its dividends follows that country's rules rather than those of Germany. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Nel 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.