Singapore Exchange · Industrials
Invest in SHS stock from India
Indian and foreign residents can buy SHS (566) shares directly through Paasa.
By Paasa · Updated
SHS at a glance
- Price
- S$0.12+S$0.00 (0.00%)
- Market cap
- S$71.41M
- Day range
- S$0.12 – S$0.12
- P/E
- -4.96
- Dividend yield
- None
- Volume
- 100.00
- 1 month
- -2.50%
- 6 months
- -0.85%
- YTD
- -12.03%
- 1 year
- -7.14%
- 5 years
- -6.40%
SHS statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | S$262.2M | S$83.0M | S$82.2M | S$87.2M | S$55.2M |
| Gross profit | S$9.2M | S$11.8M | S$12.9M | S$19.1M | S$9.3M |
| Operating income | −S$9.0M | −S$478.0K | S$2.5M | S$7.4M | −S$3.0K |
| Net income | −S$13.1M | S$3.2M | S$2.5M | S$5.1M | −S$2.7M |
| Earnings per share | −S$0.02 | S$0.01 | S$0.00 | S$0.01 | −S$0.00 |
| EBITDA | −S$4.3M | S$8.1M | S$8.7M | S$11.0M | S$3.6M |
| Total assets | S$360.0M | S$177.4M | S$184.8M | S$167.0M | S$176.3M |
| Total debt | S$70.4M | S$14.5M | S$28.7M | S$21.4M | S$23.9M |
| Cash and short-term investments | S$63.4M | S$38.3M | S$36.4M | S$60.0M | S$66.4M |
| Shareholders' equity | S$139.2M | S$139.6M | S$136.2M | S$131.1M | S$138.4M |
| Operating cash flow | S$7.2M | S$3.5M | −S$14.3M | S$9.4M | S$1.2M |
| Free cash flow | S$4.2M | S$2.8M | −S$15.9M | S$8.6M | S$581.0K |
| Capital expenditure | −S$3.0M | −S$707.0K | −S$1.6M | −S$716.0K | −S$574.0K |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in SGD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Alpina | ZXY.SI | S$0.37 | S$68.21M |
| Yongmao | BKX.SI | S$0.69 | S$61.24M |
| LMS Compliance | LMS.SI | S$0.43 | S$59.02M |
| Attika | 53W.SI | S$0.20 | S$53.95M |
| Sin Heng Heavy Machinery | BKA.SI | S$0.50 | S$53.83M |
| Atlantic Navigation Holdings (Singapore) | 5UL.SI | S$0.09 | S$47.64M |
| CSC | C06.SI | S$0.01 | S$41.74M |
| Eneco Energy | R14.SI | S$0.01 | S$34.21M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in SHS 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 SGD when you buy.
Step 3
Search 566 and buy
Find SHS by name or by its ticker, 566, and place your order.
Why invest in SHS from India
What SHS does
SHS Holdings Ltd., established in Singapore in 1971, operates as an investment holding company with a broad presence across Singapore, Malaysia, Vietnam, Indonesia, the People's Republic of China, Australia, and New Zealand. Its primary business revolves around specialized grit blasting and painting services. SHS operates in the Manufacturing - Metal Fabrication industry within the Industrials 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 SHS stock from India?
Yes. Indian residents and NRIs can buy SHS (566) shares directly through Paasa. SHS is listed on the Singapore Exchange, in the Manufacturing - Metal Fabrication 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 SHS dividends taxed for Indian investors?
SHS does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell SHS shares?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. 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 SGD/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.
Would my heirs owe estate tax on SHS shares?
Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.