London Stock Exchange · Energy
Invest in Thungela Resources stock from India
Indian and foreign residents can buy Thungela Resources (TGA) shares directly through Paasa.
By Paasa · Updated
Thungela Resources at a glance
- Price
- £5.36-£0.02 (0.37%)
- Market cap
- £679.57M
- Day range
- £5.20 – £5.45
- P/E
- -2.50
- Dividend yield
- 6.38%
- Volume
- 292.42K
- 1 month
- -5.63%
- 6 months
- -28.15%
- YTD
- +26.12%
- 1 year
- +42.36%
- 5 years
- +16.78%
Thungela Resources statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | ZAR 29.4B | ZAR 35.6B | ZAR 30.6B | ZAR 50.8B | ZAR 26.3B |
| Gross profit | ZAR 4.9B | ZAR 20.3B | ZAR 18.8B | ZAR 40.1B | ZAR 20.3B |
| Operating income | −ZAR 2.3B | ZAR 3.6B | ZAR 6.5B | ZAR 24.1B | ZAR 10.1B |
| Net income | −ZAR 7.0B | ZAR 3.6B | ZAR 5.2B | ZAR 17.0B | ZAR 6.4B |
| Earnings per share | −ZAR 54.22 | ZAR 26.76 | ZAR 36.92 | ZAR 127.08 | ZAR 61.08 |
| EBITDA | ZAR 1.5B | ZAR 8.6B | ZAR 9.8B | ZAR 28.7B | ZAR 9.7B |
| Total assets | ZAR 37.6B | ZAR 48.1B | ZAR 46.5B | ZAR 40.6B | ZAR 31.3B |
| Total debt | ZAR 85.5M | ZAR 50.0M | ZAR 132.0M | ZAR 153.0M | ZAR 184.0M |
| Cash and short-term investments | ZAR 6.1B | ZAR 8.7B | ZAR 10.3B | ZAR 14.8B | ZAR 8.8B |
| Shareholders' equity | ZAR 15.9B | ZAR 25.6B | ZAR 24.6B | ZAR 26.3B | ZAR 16.6B |
| Operating cash flow | ZAR 2.7B | ZAR 5.3B | ZAR 8.5B | ZAR 19.8B | ZAR 6.1B |
| Free cash flow | −ZAR 334.9M | ZAR 1.8B | ZAR 5.2B | ZAR 17.9B | ZAR 3.8B |
| Capital expenditure | −ZAR 3.1B | −ZAR 3.5B | −ZAR 3.3B | −ZAR 1.9B | −ZAR 2.3B |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in ZAR; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Kosmos Energy | KOS.L | £1.88 | £912.31M |
| Hunting | HTG.L | £3.97 | £578.28M |
| Rockhopper Exploration | RKH.L | £0.59 | £507.58M |
| Diversified Energy | DEC.L | £10.18 | £480.52M |
| VAALCO Energy | EGY.L | £4.50 | £469.16M |
| Ashtead Technology | AT.L | £5.31 | £426.93M |
| Gulf Keystone Petroleum | GKP.L | £1.94 | £421.41M |
| PetroTal | PTAL.L | £0.29 | £269.20M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Thungela Resources 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 TGA and buy
Find Thungela Resources by name or by its ticker, TGA, and place your order.
Why invest in Thungela Resources from India
What Thungela Resources does
Thungela Resources Limited is a South African enterprise primarily involved in the extraction and generation of thermal coal. The company's thermal coal output is sourced from seven collieries where it holds interests and conducts operations, all situated in South Africa's Mpumalanga province. Thungela Resources operates in the Coal 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 Thungela Resources stock from India?
Yes. Indian residents and NRIs can buy Thungela Resources (TGA) shares directly through Paasa. Thungela Resources is listed on the London Stock Exchange, in the Coal 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 Thungela Resources dividends taxed for Indian investors?
Thungela Resources trades on the London Stock Exchange but is domiciled in South Africa, 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 Thungela Resources 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 Thungela Resources 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.