Ocean Plastics Co., Ltd.
Ocean Plastics Co., Ltd. (TAI: 1321) is trading at NT$32.40, about ₹98 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET, up 0.15% today. Ocean Plastics is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$32.00
Today's high
NT$32.40
52 week low
NT$28.05
52 week high
NT$36.75
1321 opened at NT$32.40, closed previously at NT$32.35, and has traded between NT$28.05 and NT$36.75 over the past 52 weeks.
About
Ocean Plastics Co., Ltd., established in Taipei City, Taiwan, in 1965, is a global enterprise specializing in the production and distribution of a diverse array of plastic-based goods. The company actively manufactures and sells PVC rigid pipes and sheets, serving markets in Taiwan, India, the United States, China, and other international regions. Their offerings extend to environmentally friendly, DMF-free polyurethane (PU) solutions. This category includes water-based polyurethane resin (WBPU), non-solvent prepolymer polyurethane resin, WBPU synthetic leather, and solvent-free prepolymerized PU leather. These versatile materials are integral to numerous industries, such as footwear, sports equipment (e.g., balls), home furnishings and decoration, consumer electronics, bag production, apparel/textiles, and various specialized applications. Additionally, Ocean Plastics provides wood plastic composites and a comprehensive range of PVC sheets. These PVC sheets encompass clear, flexible, semi-rigid films, and rigid variants, which are utilized across stationery, furniture, decorative items, packaging, and bespoke grade requirements. The company also produces essential PVC construction components, including piping for water supply, drainage, and sewage systems, along with CELLwood products. Furthermore, Ocean Plastics is a significant supplier of PVC raw materials. This comprises PVC compounds formulated for specific uses like bottle molding, IC tube extrusion, shrinkage film, modified clear PS, foam, conductive materials, black masterbatches, and medical-grade products. They also supply PVC resins, which are critical for manufacturing general rigid sheets and pipes, insulation, vinyl tapes, various PVC sheets and leather goods, blow-molded bottles, and IC tubes.
Key statistics
Avg. volume
173.57K
Market cap
NT$7.15B
P/E Ratio
249.23
Price-to-sales ratio
2.01
Enterprise value
NT$11.56B
Free cash flow yield
1.65%
Debt-to-equity ratio
0.71
Return on equity
-4.84%
ROIC
-1.21%
Beta
0.01
Dividend yield
0.00%
Last dividend
NT$0.00
Financial overview
Revenue
NT$3.59B
Earnings per share
-NT$1.25
Free cash flow
NT$128.17M
Net profit margin
0.79%
Gross margin
8.80%
EBITDA
NT$113.39M
Revenue growth
-23.24%
Similar securities
This is not an investment recommendation
Ocean Plastics for Indian investors
Ocean Plastics is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Ocean Plastics for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- 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
- NoneOcean Plastics does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can I buy Ocean Plastics on Paasa?
Ocean Plastics (1321) has been listed on the Taiwan Stock Exchange since 1999, in the Chemicals - Specialty industry. Ocean Plastics is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Ocean Plastics share cost in rupees?
One Ocean Plastics share is NT$32.40 — about ₹98 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Ocean Plastics price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad 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.
How are gains on Ocean Plastics shares taxed in India?
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 TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Ocean Plastics price.
Does Ocean Plastics pay a dividend?
No. Ocean Plastics 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.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare Ocean Plastics 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. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Ocean Plastics?
Yes. Ocean Plastics is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.