Meritz Financial Group Inc.
Meritz Financial Group Inc. (KRX: 138040) is trading at ₩127,300.00, about ₹9,188 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, down 2.38% today. Meritz Financial 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
₩127,200.00
Today's high
₩130,800.00
52 week low
₩98,000.00
52 week high
₩149,800.00
138040 opened at ₩129,200.00, closed previously at ₩130,400.00, and has traded between ₩98,000.00 and ₩149,800.00 over the past 52 weeks.
About
Established in 2007 and headquartered in Seoul, South Korea, Meritz Financial Group Inc. operates through its subsidiaries to deliver an extensive array of financial solutions across the nation. The company's core offerings include diverse insurance products, such as coverage for fire, marine, long-term risks, automobiles, and general liabilities. Beyond insurance, it specializes in credit provision, expert asset management, and a wide range of investment services. These investment services encompass the brokerage and trading of securities and over-the-counter derivatives, trust administration, as well as both advisory and discretionary investment management. Furthermore, Meritz is active in vehicle and personal loan financing, corporate funding, and the management of real estate investment trusts and other outsourced investment portfolios.
Key statistics
Avg. volume
305.65K
Market cap
₩20.98T
P/E Ratio
8.72
Price-to-sales ratio
0.61
Enterprise value
₩69.84T
Free cash flow yield
13.77%
Debt-to-equity ratio
5.30
Return on equity
25.22%
ROIC
1.60%
Beta
1.00
Dividend yield
0.00%
Last dividend
₩0.00
Financial overview
Revenue
₩35.26T
Earnings per share
₩13,412.00
Free cash flow
₩2.73T
Net profit margin
7.11%
Gross margin
92.59%
EBITDA
₩3.25T
Revenue growth
467.49%
Similar securities
This is not an investment recommendation
Meritz Financial for Indian investors
Meritz Financial is listed on the Korea 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 Meritz Financial for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm KST
- 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
- NoneMeritz Financial 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 Meritz Financial on Paasa?
Meritz Financial (138040) has been listed on the Korea Exchange since 2011, in the Investment - Banking & Investment Services industry. Meritz Financial 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 Meritz Financial share cost in rupees?
One Meritz Financial share is ₩127,300.00 — about ₹9,188 at a KRW/INR rate of 0.0722 on 8 Oct 2026. Both the Meritz Financial 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 Meritz Financial 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 KRW/INR rate on the purchase and the sale date, so the rupee move counts alongside the Meritz Financial price.
Does Meritz Financial pay a dividend?
No. Meritz Financial 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 KRX trade, in Indian time?
The Korea Exchange trades 5:30 am – 12:00 pm IST in Indian time.
Do I have to declare Meritz Financial 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 Meritz Financial?
Yes. Meritz Financial is priced in KRW, so your rupee outcome combines the KRW move with the KRW/INR move between the day you remit and the day you convert back.