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Hong Kong Stock Exchange · Healthcare

Invest in Sisram Medical stock from India

Indian and foreign residents can buy Sisram Medical (1696) shares directly through Paasa.

By Paasa · Updated

Sisram Medical at a glance

Price
HK$1.92+HK$0.01 (0.26%)
Market cap
HK$896.88M
Day range
HK$1.92 – HK$1.92
P/E
10.00
Dividend yield
4.96%
Volume
4.40K
1 month
-12.16%
6 months
-44.33%
YTD
-54.51%
1 year
-64.34%
5 years
-83.17%

Live chart and statistics

Sisram Medical statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$365.3M$349.1M$359.3M$354.5M$294.3M
Gross profit$215.1M$216.7M$219.5M$202.2M$166.9M
Operating income$32.6M$35.7M$42.1M$55.4M$50.6M
Net income$19.0M$25.1M$31.5M$40.2M$31.2M
Earnings per share$0.04$0.05$0.07$0.09$0.07
EBITDA$38.2M$38.9M$53.4M$58.4M$56.0M
Total assets$657.2M$627.3M$613.5M$555.6M$530.1M
Total debt$51.7M$43.2M$44.7M$41.3M$41.6M
Cash and short-term investments$71.0M$72.0M$70.6M$91.5M$158.0M
Shareholders' equity$479.8M$464.0M$452.3M$430.9M$402.2M
Operating cash flow$9.4M$33.1M$43.9M$22.0M$32.4M
Free cash flow$6.8M$30.4M$35.4M−$42.3M$29.4M
Capital expenditure−$2.6M−$2.7M−$8.6M−$64.3M−$3.0M

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

CompanyTickerPriceMarket cap
Shanghai Pioneer1345.HKHK$2.12HK$2.46B
Shanghai HeartCare Medical Technology6609.HKHK$53.70HK$2.03B
Mabpharm2181.HKHK$0.46HK$1.90B
HighTide Therapeutics2511.HKHK$3.56HK$1.81B
Chaoju Eye Care2219.HKHK$2.42HK$1.68B
SinoMab BioScience3681.HKHK$1.01HK$1.38B
PW Medtech1358.HKHK$0.94HK$1.33B
JBM (Healthcare)2161.HKHK$1.62HK$1.32B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Sisram Medical from India

  1. 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.

  2. 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 HKD when you buy.

  3. Step 3

    Search 1696 and buy

    Find Sisram Medical by name or by its ticker, 1696, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.

Why invest in Sisram Medical from India

What Sisram Medical does

Sisram Medical Ltd, an investment holding company headquartered in Caesarea, Israel, since its establishment in 2013, is engaged in the creation, production, and worldwide distribution of a broad spectrum of medical solutions. The company develops and markets energy-based aesthetic devices, minimally invasive therapeutic systems, non-energy-dependent equipment, and cosmeceuticals, reaching markets across Asia Pacific, Europe, North America, Latin America, the Middle East, and Africa. Sisram Medical operates in the Medical - Devices industry within the Healthcare 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 Sisram Medical stock from India?

Yes. Indian residents and NRIs can buy Sisram Medical (1696) shares directly through Paasa. Sisram Medical is listed on the Hong Kong Stock Exchange, in the Medical - Devices industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Sisram Medical share?

Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$1.92 a share, size the order by the lot, not by the share.

How are Sisram Medical dividends taxed for Indian investors?

Sisram Medical trades on the Hong Kong Stock Exchange but is domiciled in Israel, so any withholding on its dividends follows that country's rules rather than those of Hong Kong. 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 Sisram Medical shares?

Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. 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 HKD/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.

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