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Toronto Stock Exchange · Energy

Invest in Touchstone Exploration stock from India

Indian and foreign residents can buy Touchstone Exploration (TXP) shares directly through Paasa.

By Paasa · Updated

Touchstone Exploration at a glance

Price
CA$0.18-CA$0.01 (2.70%)
Market cap
CA$51.33M
Day range
CA$0.18 – CA$0.19
P/E
2.80
Dividend yield
None
Volume
66.55K
1 month
+9.09%
6 months
-21.74%
YTD
+33.33%
1 year
-28.00%
5 years
-89.66%

Live chart and statistics

Touchstone Exploration statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$46.3M$43.7M$48.2M$43.0M$29.6M
Gross profit$22.3M$33.0M$30.0M$24.0M$16.9M
Operating income−$1.2M$21.0M$9.3M$4.7M$1.9M
Net income$10.9M$8.3M−$20.6M−$3.2M$5.7M
Earnings per share$0.04$0.03−$0.09−$0.02$0.03
EBITDA$17.4M$19.9M−$4.2M$8.3M$5.3M
Total assets$242.1M$152.3M$138.9M$147.9M$143.0M
Total debt$57.6M$40.7M$32.3M$28.3M$32.2M
Cash and short-term investments$10.4M$6.7M$8.2M$16.3M$17.9M
Shareholders' equity$93.7M$68.8M$59.8M$78.4M$67.6M
Operating cash flow$20.1M$13.2M$12.7M$5.8M$1.5M
Free cash flow−$6.4M−$10.5M−$6.2M−$5.6M−$26.3M
Capital expenditure−$26.5M−$23.7M−$18.9M−$11.3M−$27.9M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Eco (Atlantic) Oil & GasEOG.VCA$0.77CA$269.28M
Arrow ExplorationAXL.VCA$0.68CA$194.39M
New Stratus EnergyNSE.VCA$0.75CA$101.60M
Africa EnergyAFE.VCA$0.21CA$100.62M
CGX EnergyOYL.VCA$0.22CA$74.48M
ROK ResourcesROK.VCA$0.33CA$71.86M
Canacol EnergyCNE.TOCA$1.53CA$52.20M
GoviEx UraniumGXU.VCA$0.04CA$43.44M

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

How to invest in Touchstone Exploration 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 CAD when you buy.

  3. Step 3

    Search TXP and buy

    Find Touchstone Exploration by name or by its ticker, TXP, and place your order.

Why invest in Touchstone Exploration from India

What Touchstone Exploration does

Touchstone Exploration Inc. operates as an upstream energy company, concentrating on the exploration, development, production, and sale of petroleum and natural gas. All its operational endeavors are conducted within the Republic of Trinidad and Tobago. Touchstone Exploration operates in the Oil & Gas Exploration & Production 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 Touchstone Exploration stock from India?

Yes. Indian residents and NRIs can buy Touchstone Exploration (TXP) shares directly through Paasa. Touchstone Exploration is listed on the Toronto Stock Exchange, in the Oil & Gas Exploration & Production 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 Touchstone Exploration 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 CAD/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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