London Stock Exchange · Financial Services
Invest in Old Mutual stock from India
Indian and foreign residents can buy Old Mutual (OMU) shares directly through Paasa.
By Paasa · Updated
Old Mutual at a glance
- Price
- £0.62-£0.01 (1.60%)
- Market cap
- £2.48B
- Day range
- £0.62 – £0.65
- P/E
- 6.83
- Dividend yield
- 5.72%
- Volume
- 94.98K
- 1 month
- +5.48%
- 6 months
- +1.32%
- YTD
- -8.61%
- 1 year
- +5.48%
- 5 years
- -24.14%
Old Mutual statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | ZAR 273.6B | ZAR 104.7B | ZAR 144.4B | ZAR 82.6B | ZAR 243.9B |
| Gross profit | ZAR 265.5B | ZAR 104.7B | ZAR 144.4B | ZAR 71.1B | ZAR 244.8B |
| Operating income | ZAR 22.6B | ZAR 92.8B | ZAR 15.8B | ZAR 72.8B | ZAR 219.7B |
| Net income | ZAR 8.4B | ZAR 7.7B | ZAR 7.1B | ZAR 5.2B | ZAR 6.7B |
| Earnings per share | ZAR 1.97 | ZAR 1.76 | ZAR 1.58 | ZAR 1.15 | ZAR 1.51 |
| EBITDA | ZAR 25.7B | ZAR 18.6B | ZAR 17.4B | ZAR 9.5B | ZAR 16.8B |
| Total assets | ZAR 1.4T | ZAR 1.2T | ZAR 1.2T | ZAR 1.1T | ZAR 1.1T |
| Total debt | ZAR 51.9B | ZAR 26.0B | ZAR 57.7B | ZAR 25.0B | ZAR 31.2B |
| Cash and short-term investments | ZAR 39.9B | ZAR 123.9B | ZAR 106.1B | ZAR 37.5B | ZAR 95.2B |
| Shareholders' equity | ZAR 60.1B | ZAR 58.8B | ZAR 56.1B | ZAR 57.6B | ZAR 62.2B |
| Operating cash flow | −ZAR 3.7B | ZAR 24.1B | ZAR 5.9B | ZAR 31.4B | ZAR 20.1B |
| Free cash flow | −ZAR 4.8B | ZAR 22.0B | ZAR 3.9B | ZAR 29.2B | ZAR 18.3B |
| Capital expenditure | −ZAR 1.0B | −ZAR 2.1B | −ZAR 2.1B | −ZAR 2.2B | −ZAR 1.9B |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in ZAR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Man | EMG.L | £3.25 | £360.86B |
| RIT Capital Partners | RCP.L | £25.15 | £343.28B |
| TBC Bank | TBCG.L | £54.15 | £298.27B |
| Bridgepoint | BPT.L | £3.22 | £283.51B |
| International Public Partnerships | INPP.L | £1.39 | £250.27B |
| Quilter | QLT.L | £1.77 | £239.51B |
| Plus500 | PLUS.L | £34.04 | £234.47B |
| HarbourVest Global Private Equity | HVPE.L | £33.20 | £231.21B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Old Mutual 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 GBP when you buy.
Step 3
Search OMU and buy
Find Old Mutual by name or by its ticker, OMU, and place your order.
Why invest in Old Mutual from India
What Old Mutual does
Old Mutual Limited operates as a diversified financial services group, primarily conducting its business across South Africa and the wider African continent through its various subsidiaries. The company structures its operations into several key divisions: the Mass and Foundation Cluster, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual Corporate, Old Mutual Insure, and a dedicated Rest of Africa segment. Old Mutual operates in the Insurance - Life industry within the Financial Services 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 Old Mutual stock from India?
Yes. Indian residents and NRIs can buy Old Mutual (OMU) shares directly through Paasa. Old Mutual is listed on the London Stock Exchange, in the Insurance - Life 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 Old Mutual dividends taxed for Indian investors?
Old Mutual trades on the London Stock Exchange but is domiciled in South Africa, so any withholding on its dividends follows that country's rules rather than those of the UK. 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 Old Mutual 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.
Is there stamp duty when I buy Old Mutual 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.