Progressive Path Group Holdings Limited
Progressive Path Group Holdings Limited (HKSE: 1581) is trading at HK$0.30, about ₹4 at today's HKD/INR rate, as of 25 Sep 2026, 3:52 AM ET. Indian residents can buy Progressive Path Group from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.29
Today's high
HK$0.30
52 week low
HK$0.15
52 week high
HK$0.59
1581 opened at HK$0.29, closed previously at HK$0.30, and has traded between HK$0.15 and HK$0.59 over the past 52 weeks.
About
Progressive Path Group Holdings Limited operates as an investment holding company, with its primary business activities focused on providing construction services and renting out heavy machinery. The firm undertakes a diverse range of building projects, encompassing critical foundation work, site preparation, and general construction, including builder's activities. Beyond its contracting endeavors, the company also maintains a fleet of construction machinery and vehicles available for lease, often complemented by skilled operators and comprehensive transportation solutions. Its services are predominantly utilized by construction companies involved in both public and private sector developments throughout Hong Kong. Established in 2016, Progressive Path Group Holdings Limited is headquartered in Tuen Mun, Hong Kong, and functions as a subsidiary of Profit Gold Global Limited.
Key statistics
Avg. volume
772.52K
Market cap
HK$124.50M
P/E Ratio
6.10
Price-to-sales ratio
0.15
Enterprise value
HK$190.46M
Free cash flow yield
23.69%
Debt-to-equity ratio
0.35
Return on equity
6.74%
ROIC
2.18%
Beta
0.23
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
HK$841.32M
Earnings per share
HK$0.05
Free cash flow
HK$29.49M
Net profit margin
2.42%
Gross margin
3.75%
EBITDA
HK$92.96M
Revenue growth
-7.93%
Similar securities
This is not an investment recommendation
How to buy Progressive Path Group from India
Indian residents can buy Progressive Path Group 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 Progressive Path Group and place an order
Find Progressive Path Group by name or by its ticker, 1581, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Progressive Path Group trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Progressive Path Group position in HKD and INR. Progressive Path Group 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 Progressive Path Group from India
Trading and taxes when buying Progressive Path Group 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
- NoneProgressive Path Group does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Progressive Path Group stock?
Yes. Progressive Path Group (1581) has been listed on the Hong Kong Stock Exchange since 2016, in the Rental & Leasing Services 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 Progressive Path Group share cost in rupees?
One Progressive Path Group share is HK$0.30 — about ₹4 at an HKD/INR rate of 12.23 on 25 Sep 2026. Both the Progressive Path Group 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 Progressive Path Group 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 Progressive Path Group?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Progressive Path Group 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 Progressive Path Group price. Paasa issues a capital-gains statement for your return.
Does Progressive Path Group pay a dividend?
No. Progressive Path Group 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 Progressive Path Group 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 Progressive Path Group shares held from India?
Hong Kong has no estate duty.
Do I have to declare Progressive Path Group 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 Progressive Path Group holding, its cost and its closing value.
How do I sell Progressive Path Group 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.