Victory New Materials Limited Company
Victory New Materials Limited Company (TAI: 1340) is trading at NT$5.14, about ₹16 at today's TWD/INR rate, as of 8 Oct 2026, 1:30 AM ET, down 0.77% today. Victory New Materials 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$5.13
Today's high
NT$5.17
52 week low
NT$4.99
52 week high
NT$8.36
1340 opened at NT$5.16, closed previously at NT$5.18, and has traded between NT$4.99 and NT$8.36 over the past 52 weeks.
About
Victory New Materials Limited Company manufactures and sells shoe materials in China and internationally. The company offers secondary molding soles, one injection soles, one injection monochrome slippers, injected styrofoam plastic molding soles, one injection dual color soles, one injection dual color finished shoes, RB soles, EVO plastic particles, and toys. Victory New Materials Limited Company was incorporated in 2012 and is based in Jinjiang, China.
Key statistics
Avg. volume
252.91K
Market cap
NT$786.02M
P/E Ratio
-2.26
Price-to-sales ratio
16.51
Enterprise value
NT$861.68M
Free cash flow yield
-16.98%
Debt-to-equity ratio
0.11
Return on equity
-15.28%
ROIC
-4.90%
Beta
0.06
Dividend yield
0.00%
Last dividend
NT$0.00
Financial overview
Revenue
NT$42.39M
Earnings per share
-NT$2.61
Free cash flow
-NT$193.90M
Net profit margin
-802.85%
Gross margin
-164.80%
EBITDA
-NT$245.21M
Revenue growth
-88.74%
Similar securities
This is not an investment recommendation
Victory New Materials for Indian investors
Victory New Materials 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 Victory New Materials 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
- NoneVictory New Materials 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 Victory New Materials on Paasa?
Victory New Materials (1340) has been listed on the Taiwan Stock Exchange since 2013, in the Apparel - Footwear & Accessories industry. Victory New Materials 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 Victory New Materials share cost in rupees?
One Victory New Materials share is NT$5.14 — about ₹16 at a TWD/INR rate of 3.03 on 8 Oct 2026. Both the Victory New Materials 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 Victory New Materials 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 Victory New Materials price.
Does Victory New Materials pay a dividend?
No. Victory New Materials 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.
Is Victory New Materials a Taiwan company, and does that change how it is taxed?
Victory New Materials trades on the Taiwan Stock Exchange in TWD, but the company is domiciled in China. Victory New Materials trades as an ordinary share listed directly in Taiwan, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Victory New Materials 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 Victory New Materials?
Yes. Victory New Materials 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.