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Euronext Paris · Industrials

Invest in Tonner Drones stock from India

Indian and foreign residents can buy Tonner Drones (ALTD) shares directly through Paasa.

By Paasa · Updated

Tonner Drones at a glance

Price
€0.03+€0.00 (1.63%)
Market cap
€15.57M
Day range
€0.02 – €0.03
P/E
-0.00
Dividend yield
None
Volume
4.39M
1 month
-13.19%
6 months
-16.11%
YTD
-10.71%
1 year
-9.09%
5 years
-100.00%

Live chart and statistics

Tonner Drones statements, FY2020–FY2022

Fiscal year202220212020
Revenue€13.1M€15.9M€13.4M
Gross profit€8.4M€9.6M€7.0M
Operating income−€17.0M−€9.5M−€8.6M
Net income−€23.0M−€4.3M−€10.0M
Earnings per share−€229.91−€12,455.59−€3,364.48
EBITDA−€2.9M−€1.4M−€6.3M
Total assets———
Total debt———
Cash and short-term investments———
Shareholders' equity———
Operating cash flow———
Free cash flow———
Capital expenditure———

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
Mon Courtier Energie GroupeALMCE.PA€5.70€20.12M
WateraALWTR.PA€1.14€19.96M
TrilogiqALTRI.PA€4.94€17.15M
Hydro-ExploitationsMLHYE.PA€125.00€15.38M
Signaux GirodALGIR.PA€15.50€15.34M
SoditechSEC.PA€6.10€13.88M
MG InternationalALMGI.PA€2.58€13.31M
ArcureALCUR.PA€2.04€12.11M

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

How to invest in Tonner Drones 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 ALTD and buy

    Find Tonner Drones by name or by its ticker, ALTD, and place your order.

Why invest in Tonner Drones from India

What Tonner Drones does

Tonner Drones S.A. specializes in the creation of unmanned aerial vehicles (UAVs) and associated technologies, serving both military applications and homeland security requirements. Beyond these strategic sectors, the company also delivers professional drone services to civilian clients across a diverse international footprint, including France, Belgium, Morocco, South Africa, Ghana, and Australia. Tonner Drones operates in the Aerospace & Defense 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 Tonner Drones stock from India?

Yes. Indian residents and NRIs can buy Tonner Drones (ALTD) shares directly through Paasa. Tonner Drones is listed on Euronext Paris, in the Aerospace & Defense 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 Tonner Drones 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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