Euronext Paris · Technology
Invest in Pacte Novation stock from India
Indian and foreign residents can buy Pacte Novation (MLPAC) shares directly through Paasa.
By Paasa · Updated
Pacte Novation at a glance
- Price
- €7.30+€0.00 (0.00%)
- Market cap
- €3.74M
- Day range
- €7.30 – €7.30
- P/E
- -23.55
- Dividend yield
- None
- Volume
- 249.00
- 1 month
- -18.89%
- 6 months
- -19.34%
- YTD
- -12.05%
- 1 year
- -10.43%
- 5 years
- -18.89%
Pacte Novation statements, FY2019–FY2023
| Fiscal year | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | €7.8M | €8.3M | €8.5M | €7.4M | €7.7M |
| Gross profit | €3.4M | €1.6M | €5.8M | €5.4M | €5.7M |
| Operating income | −€83.3K | €44.7K | €468.2K | €113.8K | €123.7K |
| Net income | −€159.1K | €31.6K | €301.2K | €58.8K | €63.5K |
| Earnings per share | −€0.31 | €0.06 | €0.59 | €0.11 | €0.12 |
| EBITDA | −€104.9K | €67.3K | €151.1K | €170.3K | €118.9K |
| Total assets | €5.0M | €4.9M | €5.2M | €4.6M | €4.3M |
| Total debt | €10.3K | €2.4K | €2.0K | €2.2K | €1.9K |
| Cash and short-term investments | €2.2M | €2.1M | €2.1M | €1.7M | €1.3M |
| Shareholders' equity | €2.2M | €2.3M | €2.3M | €2.0M | €1.9M |
| Operating cash flow | €134.4K | €5.7K | €406.0K | €462.0K | −€170.0K |
| Free cash flow | −€450.7K | −€1.1M | €382.0K | €433.0K | −€170.0K |
| Capital expenditure | −€585.1K | −€1.1M | −€24.0K | −€29.0K | €0.0 |
Fiscal years as reported, the latest ending 31 Mar 2024. Figures in EUR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| VusionGroup | VU.PA | €128.50 | €2.15B |
| Sidetrade | ALBFR.PA | €194.00 | €276.99M |
| Linedata Services | LIN.PA | €53.40 | €260.07M |
| Streamwide | ALSTW.PA | €72.80 | €196.83M |
| Fabasoft | FAA.DE | €16.45 | €174.16M |
| Paref | PAR.PA | €23.60 | €35.76M |
| Union Technologies Informatique | FPG.PA | €0.10 | €6.36M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Pacte Novation 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 MLPAC and buy
Find Pacte Novation by name or by its ticker, MLPAC, and place your order.
Why invest in Pacte Novation from India
What Pacte Novation does
Pacte Novation, a French software engineering company founded in 1994 and based in Issy-les-Moulineaux, provides a comprehensive array of digital solutions. Its offerings span advanced software development, including business rule engines, image recognition and processing capabilities, and semantic analysis of natural language. Pacte Novation 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 Pacte Novation stock from India?
Yes. Indian residents and NRIs can buy Pacte Novation (MLPAC) shares directly through Paasa. Pacte Novation is listed on Euronext Paris, 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 Pacte Novation 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.