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NASDAQ · Financial Services

Invest in TOP Financial stock from India

Indian and foreign residents can buy TOP Financial (TOP) shares directly through Paasa.

By Paasa · Updated

TOP Financial at a glance

Price
$14.93-$0.20 (1.32%)
Market cap
$110.72M
Day range
$14.55 – $15.35
P/E
-96.63
Dividend yield
None
Volume
93.08K
1 month
-10.76%
6 months
+298.13%
YTD
+198.60%
1 year
+126.21%
5 years
—

Live chart and statistics

TOP Financial statements, FY2022–FY2026

Fiscal year20262025202420232022
Revenue$4.7M$3.3M$8.0M$9.7M$7.8M
Gross profit$2.5M$246.2K$4.4M$5.9M$4.5M
Operating income−$677.3K−$5.6M$987.8K$3.4M$3.6M
Net income−$1.2M−$6.0M$1.1M$3.4M$3.5M
Earnings per share−$0.16−$0.80$0.16$0.49$0.49
EBITDA−$716.3K−$5.4M$1.1M$3.6M$3.6M
Total assets$86.1M$46.8M$57.6M$40.3M$13.9M
Total debt$2.9M$270.9K$64.8K$150.1K$244.9K
Cash and short-term investments$13.0M$12.2M$25.9M$16.0M$6.2M
Shareholders' equity$33.9M$34.9M$40.5M$36.0M$10.2M
Operating cash flow$14.0M−$14.5M$17.8M−$6.0M$1.6M
Free cash flow$13.1M−$14.5M$17.8M−$6.1M$1.2M
Capital expenditure−$899.5K−$3.2K−$6.1K−$86.4K−$413.9K

Fiscal years as reported, the latest ending 31 Mar 2026. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Marygold CompaniesMGLD$1.98$84.77M
dMY Squared TechnologyDMYY$13.45$52.53M
Heritage GlobalHGBL$1.30$45.16M
Tectonic FinancialTECTP$9.99$40.48M
WinVest AcquisitionWINV$12.55$38.67M
Plutus FinancialPLUT$2.50$38.38M
Rand CapitalRAND$9.78$29.04M
Old Market CapitalOMCC$4.15$28.29M

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

How to invest in TOP Financial 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.

  3. Step 3

    Search TOP and buy

    Find TOP Financial by name or by its ticker, TOP, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in TOP Financial from India

What TOP Financial does

TOP Financial Group Limited operates as a Hong Kong-based online brokerage, offering a diverse array of trading services to its clientele. The company facilitates transactions in both domestic and international equities, futures, and options markets. TOP Financial operates in the Financial - Capital Markets industry within the Financial Services sector.

Hold a dollar asset

TOP Financial shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one TOP Financial share. There is no minimum trade size.

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 TOP Financial stock from India?

Yes. Indian residents and NRIs can buy TOP Financial (TOP) shares directly through Paasa. TOP Financial is listed on NASDAQ, in the Financial - Capital Markets 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 TOP Financial share?

No. You can buy part of one TOP Financial share and add to your position over time. One share is $14.93, and you can buy whole shares or any fraction; there is no minimum trade size.

How are TOP Financial dividends taxed for Indian investors?

TOP Financial trades on NASDAQ but is domiciled in Singapore, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. 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 TOP Financial shares?

The US does not levy capital gains tax on shares for Indian residents. 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 USD/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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