London Stock Exchange · Energy
Invest in Petro Matad stock from India
Indian and foreign residents can buy Petro Matad (MATD) shares directly through Paasa.
By Paasa · Updated
Petro Matad at a glance
- Price
- £0.01+£0.00 (5.88%)
- Market cap
- £16.73M
- Day range
- £0.01 – £0.01
- P/E
- -4.97
- Dividend yield
- None
- Volume
- 6.18M
- 1 month
- -11.76%
- 6 months
- -23.73%
- YTD
- -16.67%
- 1 year
- +23.29%
- 5 years
- -66.97%
Petro Matad statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | $3.0M | $820.0K | $351.0K | $201.0K | $46.0K |
| Gross profit | −$1.6M | $185.0K | $161.0K | $52.0K | −$135.0K |
| Operating income | −$3.4M | −$10.9M | −$5.9M | −$2.0M | −$1.2M |
| Net income | −$4.3M | −$10.9M | −$5.9M | −$2.9M | −$2.1M |
| Earnings per share | −$0.00 | −$0.01 | −$0.01 | −$0.00 | −$0.00 |
| EBITDA | −$2.0M | −$10.5M | −$5.7M | −$2.8M | −$2.1M |
| Total assets | $21.6M | $20.9M | $21.4M | $21.1M | $24.1M |
| Total debt | $116.0K | $109.0K | $0.0 | $0.0 | $6.0K |
| Cash and short-term investments | $3.1M | $3.0M | $4.0M | $2.5M | $8.2M |
| Shareholders' equity | $18.8M | $19.2M | $21.1M | $20.6M | $23.7M |
| Operating cash flow | −$1.7M | −$9.8M | −$3.5M | −$2.7M | −$2.4M |
| Free cash flow | −$2.0M | −$10.1M | −$3.5M | −$2.9M | −$2.4M |
| Capital expenditure | −$327.7K | −$344.0K | −$28.0K | −$212.0K | −$16.0K |
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 |
|---|---|---|---|
| Eco (Atlantic) Oil & Gas | ECO.L | £0.42 | £14.65B |
| Arrow Exploration | AXL.L | £0.37 | £10.52B |
| Chariot | CHAR.L | £0.03 | £8.60B |
| Touchstone Exploration | TXP.L | £0.09 | £2.64B |
| Challenger Energy | CEG.L | £0.10 | £2.48B |
| Predator Oil & Gas | PRD.L | £0.03 | £1.97B |
| Europa Oil & Gas | EOG.L | £0.02 | £1.54B |
| 88 Energy | 88E.L | £0.01 | £1.53B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Petro Matad 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 MATD and buy
Find Petro Matad by name or by its ticker, MATD, and place your order.
Why invest in Petro Matad from India
What Petro Matad does
Petro Matad Limited is an oil and gas company primarily engaged in the exploration, development, and production of oil resources within Mongolia. The company holds complete ownership (100% interest) of two significant production sharing contract (PSC) blocks in Mongolia: Ongi Block V, which covers an extensive area of approximately 7,937 square kilometers, and Matad Block XX, spanning about 218 square kilometers. Petro Matad operates in the Oil & Gas Exploration & Production industry within the Energy 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 Petro Matad stock from India?
Yes. Indian residents and NRIs can buy Petro Matad (MATD) shares directly through Paasa. Petro Matad is listed on the London Stock Exchange, in the Oil & Gas Exploration & Production 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 Petro Matad dividends taxed for Indian investors?
Petro Matad trades on the London Stock Exchange but is domiciled in Isle of Man, 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 Petro Matad 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 Petro Matad 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.