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Euronext Paris · Consumer Cyclical

Invest in Streit Mecanique SA stock from India

Indian and foreign residents can buy Streit Mecanique SA (MLSTR) shares directly through Paasa.

By Paasa · Updated

Streit Mecanique SA at a glance

Price
€5.05-€0.45 (8.18%)
Market cap
€3.20M
Day range
€5.05 – €5.05
P/E
-6.01
Dividend yield
None
Volume
1.00
1 month
-16.53%
6 months
-39.88%
YTD
-36.88%
1 year
-43.26%
5 years
-46.84%

Live chart and statistics

Streit Mecanique SA statements, FY2017–FY2022

Fiscal year20222021202020192017
Revenue€36.1M€32.7M€23.7M€35.0M€55.0M
Gross profit€6.1M€5.5M€3.6M€6.3M€29.4M
Operating income−€1.4M−€997.5K−€3.2M−€1.5M€504.1K
Net income−€529.6K−€961.6K−€4.4M−€1.6M€487.0K
Earnings per share−€0.84−€1.52−€6.98−€2.49€0.77
EBITDA€1.1M€737.5K−€2.9M−€108.6K€384.5K
Total assets€32.1M€30.6M€37.5M€38.6M€35.1M
Total debt€10.0M€7.5M€14.1M€13.8M€2.5M
Cash and short-term investments€7.3M€8.9M€16.7M€17.7M€17.6M
Shareholders' equity€12.2M€11.8M€12.6M€15.9M€14.5M
Operating cash flow€0.0€0.0€0.0€0.0—
Free cash flow€0.0€0.0€0.0€0.0—
Capital expenditure€0.0€0.0€0.0€0.0—

Fiscal years as reported, the latest ending 31 Dec 2022. Figures in EUR; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Corep LightingMLCOR.PA€9.00€7.41M
Augros Cosmetic PackagingAUGR.PA€4.70€6.68M
AST GroupeALAST.PA€0.48€6.21M
Simo InternationalMLSIM.PA€0.26€4.80M
CybergunALCYB.PA€0.00€4.50M
GaussinALGAU.PA€0.11€4.27M
NavyaNAVYA.PA€0.03€2.61M
IntexaITXT.PA€2.16€2.19M

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

How to invest in Streit Mecanique SA 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 EUR when you buy.

  3. Step 3

    Search MLSTR and buy

    Find Streit Mecanique SA by name or by its ticker, MLSTR, and place your order.

Why invest in Streit Mecanique SA from India

What Streit Mecanique SA does

Streit Mecanique SA, a company based in Clerval, France, specializes in the design, production, and assembly of various mechanical and vehicle-related components. Established in 1968, the firm provides its engineered parts to a diverse range of industries, including the automotive, agricultural machinery, and energy sectors. Streit Mecanique SA operates in the Auto - Parts industry within the Consumer Cyclical 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 Streit Mecanique SA stock from India?

Yes. Indian residents and NRIs can buy Streit Mecanique SA (MLSTR) shares directly through Paasa. Streit Mecanique SA is listed on Euronext Paris, in the Auto - Parts 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 Streit Mecanique SA 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.

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