Toronto Stock Exchange · Technology
Invest in Open Text stock from India
Indian and foreign residents can buy Open Text (OTEX) shares directly through Paasa.
By Paasa · Updated
Open Text at a glance
- Price
- CA$31.92+CA$0.25 (0.79%)
- Market cap
- CA$7.75B
- Day range
- CA$31.55 – CA$32.11
- P/E
- 4.96
- Dividend yield
- 4.93%
- Volume
- 294.38K
- 1 month
- -8.43%
- 6 months
- +6.58%
- YTD
- -28.59%
- 1 year
- -39.21%
- 5 years
- -48.37%
Open Text statements, FY2022–FY2026
| Fiscal year | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | $5.2B | $5.2B | $5.8B | $4.5B | $3.5B |
| Gross profit | $3.9B | $3.7B | $4.2B | $3.2B | $2.4B |
| Operating income | $1.2B | $892.7M | $887.1M | $516.3M | $644.8M |
| Net income | $643.0M | $435.9M | $465.1M | $150.4M | $397.1M |
| Earnings per share | $2.58 | $1.70 | $1.71 | $0.56 | $1.44 |
| EBITDA | $1.8B | $1.5B | $2.1B | $1.3B | $1.2B |
| Total assets | $13.1B | $13.8B | $14.2B | $17.1B | $10.2B |
| Total debt | $6.0B | $6.6B | $6.7B | $9.2B | $4.5B |
| Cash and short-term investments | $956.0M | $1.2B | $1.3B | $1.2B | $1.7B |
| Shareholders' equity | $4.0B | $3.9B | $4.2B | $4.0B | $4.0B |
| Operating cash flow | $1.0B | $830.6M | $967.7M | $779.2M | $981.8M |
| Free cash flow | $807.5M | $687.4M | $808.4M | $655.4M | $888.7M |
| Capital expenditure | −$199.3M | −$143.2M | −$159.3M | −$123.8M | −$93.1M |
Fiscal years as reported, the latest ending 30 Jun 2026. Figures in USD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Descartes Systems | DSG.TO | CA$114.93 | CA$9.85B |
| Topicus | TOI.V | CA$85.25 | CA$7.10B |
| Lumine | LMN.V | CA$20.52 | CA$5.27B |
| Kinaxis | KXS.TO | CA$180.74 | CA$4.94B |
| Lightspeed Commerce | LSPD.TO | CA$14.02 | CA$1.93B |
Peers as grouped by the data provider. This is not an investment recommendation.
Analyst price targets
- Low
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- High
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- Median
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- Consensus
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Ratings: 8 buy · 13 hold · 1 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 Open Text 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 OTEX and buy
Find Open Text by name or by its ticker, OTEX, and place your order.
Why invest in Open Text from India
What Open Text does
Open Text Corporation specializes in the creation, development, promotion, and distribution of sophisticated information management software and solutions. Their extensive portfolio includes vital content services; a robust business network facilitating secure data exchange both internally and externally; comprehensive security and protection offerings safeguarding against cyber threats, ensuring operational continuity, and enabling rapid breach response; and specialized tools for digital investigation and forensic security, including OpenText's own cyber resilience solutions, as well as Ca… Open Text operates in the Software - Application industry within the Technology 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 Open Text stock from India?
Yes. Indian residents and NRIs can buy Open Text (OTEX) shares directly through Paasa. Open Text is listed on the Toronto Stock Exchange, in the Software - Application 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 Open Text 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.