Greenheart Group Limited
Greenheart Group Limited (HKSE: 94) is trading at HK$0.04, about ₹1 at today's HKD/INR rate, as of 24 Sep 2026, 3:59 AM ET. Indian residents can buy Greenheart from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.04
Today's high
HK$0.05
52 week low
HK$0.04
52 week high
HK$0.10
94 opened at HK$0.04, closed previously at HK$0.04, and has traded between HK$0.04 and HK$0.10 over the past 52 weeks.
About
Greenheart Group Limited is an investment holding company that operates an extensive global forestry business, with activities primarily centered in Suriname and New Zealand. This enterprise encompasses the harvesting of hardwood logs, timber processing, and the subsequent marketing, sale, and distribution of both logs and finished timber products. Their product portfolio includes softwood, predominantly radiata pine logs, which are utilized in the production of sawn timber, plywood, and veneer. Hardwood products are supplied for a diverse range of applications, such as furniture manufacturing, flooring, decking, windows, doors, heavy outdoor construction, interior design, and marine uses. By the close of 2021 (December 31), Greenheart managed freehold radiata pine plantation forest assets spanning approximately 12,700 hectares within New Zealand's Northland region. Concurrently, in Suriname, South America, the company held significant concession and cutting rights covering around 298,000 hectares. Beyond these core forestry operations, the company delivers various ancillary services, including corporate, administrative, and general management support, as well as specialized forest management. Its functions also extend to securing timber concessions, executing log and timber product harvesting and sales, manufacturing and selling pallets, and overseeing all forestry-related administration. Established in 1991, the company was initially known as Omnicorp Limited before rebranding as Greenheart Group Limited in December 2010. Headquartered in Wanchai, Hong Kong, Greenheart Group Limited operates as a subsidiary of Newforest Limited.
Key statistics
Avg. volume
477.70K
Market cap
HK$119.65M
P/E Ratio
-7.68
Price-to-sales ratio
2.94
Enterprise value
HK$23.24M
Free cash flow yield
-16.20%
Debt-to-equity ratio
0.77
Return on equity
2.98%
ROIC
-9.69%
Beta
0.51
Dividend yield
23.26%
Last dividend
HK$0.01
Financial overview
Revenue
HK$42.36M
Earnings per share
-HK$0.01
Free cash flow
-HK$30.09M
Net profit margin
41.87%
Gross margin
5.36%
EBITDA
-HK$37.62M
Revenue growth
-18.34%
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This is not an investment recommendation
How to buy Greenheart from India
Indian residents can buy Greenheart shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for Greenheart and place an order
Find Greenheart by name or by its ticker, 94, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Greenheart trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Greenheart position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Greenheart from India
Trading and taxes when buying Greenheart from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Greenheart’s current yield is 23.26%.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Greenheart stock?
Yes. Greenheart (94) has been listed on the Hong Kong Stock Exchange since 1988, in the Paper, Lumber & Forest Products industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Greenheart share cost in rupees?
One Greenheart share is HK$0.04 — about ₹1 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Greenheart price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Greenheart from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of Greenheart?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Greenheart shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Greenheart price. Paasa issues a capital-gains statement for your return.
Does Greenheart pay a dividend, and how is it taxed in India?
Yes. Greenheart pays a dividend and the current yield is 23.26%; the last declared dividend was HK$0.01 per share, about ₹0.12. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Greenheart from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is there estate or inheritance tax on Greenheart shares held from India?
Hong Kong has no estate duty.
Do I have to declare Greenheart shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Greenheart holding, its cost and its closing value.
How do I sell Greenheart and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.