MECOM Power and Construction Limited
MECOM Power and Construction Limited (HKSE: 1183) is trading at HK$0.12, about ₹1 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 0.86% today. Indian residents can buy MECOM Power and Construction from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.11
Today's high
HK$0.12
52 week low
HK$0.11
52 week high
HK$0.22
1183 opened at HK$0.11, closed previously at HK$0.12, and has traded between HK$0.11 and HK$0.22 over the past 52 weeks.
About
MECOM Power and Construction Limited operates as an investment holding entity and a comprehensive engineering and construction contractor with operations spanning Macau, Hong Kong, and mainland China. The company offers a wide range of services, including the erection of steel structures, which involves structural steelwork, concrete placement, general building activities, and other integrated tasks. Its civil engineering construction portfolio encompasses demolition, ground investigations, site preparation, and foundation work, in addition to constructing substructures, superstructures, roads, and drainage systems. Furthermore, MECOM performs interior fit-out and renovation projects, undertaking alterations, modernizations, and upgrades. The firm also specializes in the construction and installation of high-voltage power substations, managing everything from planning and scheduling to project execution and the deployment of customized high-voltage substations and power transmission networks, including the integration of power systems. Its electrical and mechanical (E&M) engineering services cover the supply and/or installation of low voltage, heating, ventilation, and air-conditioning (HVAC), and extra-low voltage systems, complete with testing, commissioning, and rigorous quality and delivery oversight. Additionally, MECOM provides facilities operation and maintenance management, handling alterations, upgrades, routine maintenance, and emergency repairs for various buildings, properties, their components, and high-voltage power substations with their related infrastructure. Founded in Macau in 2000, MECOM Power and Construction Limited is a subsidiary of MECOM Holding Limited.
Key statistics
Avg. volume
397.16K
Market cap
HK$457.78M
P/E Ratio
47.38
Price-to-sales ratio
0.24
Enterprise value
MOP 645.42M
Free cash flow yield
10.50%
Debt-to-equity ratio
0.59
Return on equity
2.48%
ROIC
2.35%
Beta
0.17
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
MOP 1.85B
Earnings per share
MOP 0.00
Free cash flow
MOP 87.35M
Net profit margin
0.50%
Gross margin
10.97%
EBITDA
MOP 65.37M
Revenue growth
22.83%
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This is not an investment recommendation
How to buy MECOM Power and Construction from India
Indian residents can buy MECOM Power and Construction 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 MECOM Power and Construction and place an order
Find MECOM Power and Construction by name or by its ticker, 1183, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. MECOM Power and Construction trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MECOM Power and Construction position in HKD and INR. MECOM Power and Construction pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in MECOM Power and Construction from India
Trading and taxes when buying MECOM Power and Construction 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
- NoneMECOM Power and Construction does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy MECOM Power and Construction stock?
Yes. MECOM Power and Construction (1183) has been listed on the Hong Kong Stock Exchange since 2018, in the Engineering & Construction 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 MECOM Power and Construction share cost in rupees?
One MECOM Power and Construction share is HK$0.12 — about ₹1 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the MECOM Power and Construction 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 MECOM Power and Construction 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 MECOM Power and Construction?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on MECOM Power and Construction 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 MECOM Power and Construction price. Paasa issues a capital-gains statement for your return.
Does MECOM Power and Construction pay a dividend?
No. MECOM Power and Construction does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade MECOM Power and Construction 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 MECOM Power and Construction a Hong Kong SAR China company, and does that change how it is taxed?
MECOM Power and Construction trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in Macao SAR China. MECOM Power and Construction trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare MECOM Power and Construction 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 MECOM Power and Construction holding, its cost and its closing value.
How do I sell MECOM Power and Construction 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.