Sheng Yu Steel Co., Ltd.
Sheng Yu Steel Co., Ltd. (TAI: 2029) is trading at NT$22.45, about ₹68 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET, up 1.35% today. Sheng Yu Steel 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$22.30
Today's high
NT$22.80
52 week low
NT$19.55
52 week high
NT$22.80
2029 opened at NT$22.40, closed previously at NT$22.15, and has traded between NT$19.55 and NT$22.80 over the past 52 weeks.
About
Sheng Yu Steel Co., Ltd. is a Taiwanese enterprise primarily engaged in the production, processing, and distribution of a diverse range of steel sheets. Their extensive product portfolio includes various galvanized steel options, such as Al-Zn alloy-coated and standard galvanized steel coils, along with their pre-painted versions. The company also specializes in cold rolled steel sheets and coils. They offer a wide array of specialized coated steel sheets, including chrome-free anti-fingerprint zinc and Al-Zn alloy-coated types, pre-painted and printed color sheets, single-side pre-painted anti-fingerprint galvanized sheets, and specific anti-static, antiseptic, and low-gloss pre-painted coated steel sheets. Furthermore, their offerings extend to unique pre-painted steel coils like two-tone, pearl, baroque embossed, and anti-dirt varieties, in addition to whiteboards and blackboards. Complementing its manufacturing operations, Sheng Yu Steel is also active in steel trading and operates its own testing laboratory. Established in 1973, the company's headquarters are located in Kaohsiung, Taiwan, and it functions as a subsidiary of Yodogawa Steel Works, Ltd.
Key statistics
Avg. volume
304.93K
Market cap
NT$7.21B
P/E Ratio
18.73
Price-to-sales ratio
0.58
Enterprise value
NT$4.46B
Free cash flow yield
10.12%
Debt-to-equity ratio
0.02
Return on equity
2.37%
ROIC
2.23%
Beta
0.46
Dividend yield
2.67%
Last dividend
NT$0.60
Financial overview
Revenue
NT$13.27B
Earnings per share
NT$0.74
Free cash flow
NT$732.62M
Net profit margin
3.07%
Gross margin
12.40%
EBITDA
NT$538.68M
Revenue growth
-3.07%
Similar securities
This is not an investment recommendation
Sheng Yu Steel for Indian investors
Sheng Yu Steel 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 Sheng Yu Steel 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
- Slab rateDividends are taxed at your slab rate in India. Sheng Yu Steel’s current yield is 2.67%.Dividend tax explained
FAQs
Can I buy Sheng Yu Steel on Paasa?
Sheng Yu Steel (2029) has been listed on the Taiwan Stock Exchange since 1997, in the Steel industry. Sheng Yu Steel 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 Sheng Yu Steel share cost in rupees?
One Sheng Yu Steel share is NT$22.45 — about ₹68 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Sheng Yu Steel 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 Sheng Yu Steel 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 Sheng Yu Steel price.
Does Sheng Yu Steel pay a dividend, and how is it taxed in India?
Yes. Sheng Yu Steel pays a dividend and the current yield is 2.67%; the last declared dividend was NT$0.60 per share, about ₹1.81. 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 Sheng Yu Steel 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 Sheng Yu Steel?
Yes. Sheng Yu Steel 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.