Toronto Stock Exchange · Consumer Cyclical
Invest in NFI stock from India
Indian and foreign residents can buy NFI (NFI) shares directly through Paasa.
By Paasa · Updated
NFI at a glance
- Price
- CA$24.63+CA$0.68 (2.84%)
- Market cap
- CA$2.93B
- Day range
- CA$23.81 – CA$24.69
- P/E
- 36.42
- Dividend yield
- None
- Volume
- 362.56K
- 1 month
- +9.22%
- 6 months
- +28.08%
- YTD
- +58.70%
- 1 year
- +60.04%
- 5 years
- +3.31%
NFI statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.1B | $2.7B | $2.1B | $2.3B |
| Gross profit | $275.0M | $349.4M | $220.8M | $49.1M | $235.6M |
| Operating income | $10.8M | $108.6M | −$21.3M | −$288.2M | $46.0M |
| Net income | −$144.6M | −$3.3M | −$136.2M | −$276.4M | −$14.5M |
| Earnings per share | −$1.22 | −$0.03 | −$1.48 | −$3.97 | −$0.21 |
| EBITDA | $89.7M | $220.3M | $47.7M | −$144.2M | $165.3M |
| Total assets | $3.3B | $2.9B | $2.7B | $2.6B | $2.6B |
| Total debt | $1.3B | $1.2B | $1.1B | $1.2B | $955.9M |
| Cash and short-term investments | $118.3M | $49.6M | $49.6M | $50.0M | $77.3M |
| Shareholders' equity | $585.4M | $707.8M | $702.9M | $577.2M | $871.8M |
| Operating cash flow | $176.7M | $15.3M | −$63.8M | −$241.8M | $115.2M |
| Free cash flow | $142.2M | −$32.6M | −$100.8M | −$273.4M | $79.0M |
| Capital expenditure | −$34.5M | −$47.9M | −$37.0M | −$31.6M | −$36.3M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Winpak | WPK.TO | CA$43.44 | CA$2.55B |
| Spin Master | TOY.TO | CA$20.40 | CA$2.05B |
| Richelieu Hardware | RCH.TO | CA$36.39 | CA$2.00B |
| Leon's Furniture | LNF.TO | CA$24.58 | CA$1.69B |
| Pet Valu | PET.TO | CA$17.80 | CA$1.21B |
| Canada Goose | GOOS.TO | CA$10.92 | CA$1.06B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in NFI 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 NFI and buy
Find NFI by name or by its ticker, NFI, and place your order.
Why invest in NFI from India
What NFI does
NFI Group Inc., a prominent manufacturer and seller of buses, operates globally across North America, the United Kingdom, Europe, and the Asia Pacific region. Headquartered in Winnipeg, Canada, the company was established in 1930, adopting its current name in May 2018, having previously been known as New Flyer Industries Inc. Its business is structured into two main segments: Manufacturing Operations and Aftermarket Operations. NFI operates in the Auto - Manufacturers 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 NFI stock from India?
Yes. Indian residents and NRIs can buy NFI (NFI) shares directly through Paasa. NFI is listed on the Toronto Stock Exchange, in the Auto - Manufacturers 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 NFI 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.