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London Stock Exchange · Basic Materials

Invest in South32 stock from India

Indian and foreign residents can buy South32 (S32) shares directly through Paasa.

By Paasa · Updated

South32 at a glance

Price
£2.60+£0.00 (0.00%)
Market cap
£11.63B
Day range
£2.58 – £2.64
P/E
14.52
Dividend yield
2.63%
Volume
324.12K
1 month
-3.99%
6 months
+24.81%
YTD
+46.67%
1 year
+99.39%
5 years
+44.38%

Live chart and statistics

South32 statements, FY2022–FY2026

Fiscal year20262025202420232022
Revenue$5.8B$5.8B$5.5B$5.8B$9.4B
Gross profit$2.5B$2.5B$2.3B$2.6B$4.0B
Operating income$790.6M$554.0M−$735.0M−$466.0M$4.2B
Net income$1.1B$213.0M−$203.0M−$173.0M$2.7B
Earnings per share$0.24$0.05−$0.14−$0.04$0.57
EBITDA$1.2B$1.3B$141.0M$416.0M$4.5B
Total assets$14.5B$13.7B$14.2B$14.6B$16.3B
Total debt$1.9B$1.6B$1.6B$1.7B$1.8B
Cash and short-term investments$2.1B$1.7B$842.0M$1.3B$2.4B
Shareholders' equity$9.7B$8.8B$9.0B$9.4B$10.8B
Operating cash flow$1.6B$1.3B$1.1B$1.2B$3.1B
Free cash flow$500.0M$332.0M−$2.0M$303.0M$2.5B
Capital expenditure−$1.1B−$1.0B−$1.1B−$888.0M−$592.0M

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

CompanyTickerPriceMarket cap
Endeavour MiningEDV.L£45.25£1.09T
Croda InternationalCRDA.L£32.36£450.73B
MondiMNDI.L£8.24£363.09B
Griffin MiningGFM.L£2.96£52.27B
Ecora RoyaltiesECOR.L£1.68£41.81B
CapitalCAPD.L£1.20£27.08B
Cornish MetalsCUSN.L£0.08£9.91B
Power Metal ResourcesPOW.L£0.12£1.38B

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

How to invest in South32 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 GBP when you buy.

  3. Step 3

    Search S32 and buy

    Find South32 by name or by its ticker, S32, and place your order.

Why invest in South32 from India

What South32 does

South32 Limited operates as a diversified natural resources enterprise, involved in the mining and production of a wide array of metals and minerals. The company's extensive operations are geographically spread across Australia, Southern Africa, North America, and South America. South32 operates in the Industrial Materials industry within the Basic Materials 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 South32 stock from India?

Yes. Indian residents and NRIs can buy South32 (S32) shares directly through Paasa. South32 is listed on the London Stock Exchange, in the Industrial Materials 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 South32 dividends taxed for Indian investors?

South32 trades on the London Stock Exchange but is domiciled in Australia, 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 South32 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 South32 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.

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