Sinkang Industries Co., Ltd.
Sinkang Industries Co., Ltd. (TAI: 2032) is trading at NT$19.20, about ₹58 at today's TWD/INR rate, as of 1 Oct 2026, 12:27 AM ET, down 5.42% today. Sinkang Industries 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$19.15
Today's high
NT$20.90
52 week low
NT$13.50
52 week high
NT$21.00
2032 opened at NT$20.30, closed previously at NT$20.30, and has traded between NT$13.50 and NT$21.00 over the past 52 weeks.
About
Founded in 1971 and headquartered in New Taipei City, Taiwan, Sinkang Industries Co., Ltd. specializes in the production, fabrication, and global distribution of stainless steel materials. The company's primary offerings include the SUS 300 and 400 series stainless steel. These versatile products find widespread application across various sectors, such as building and architectural design, culinary and dining implements, and domestic electrical appliances. Furthermore, they are integral to numerous industrial processes, including petrochemicals, food production, transportation equipment, electrical machinery, and office apparatus manufacturing.
Key statistics
Avg. volume
663.71K
Market cap
NT$2.51B
P/E Ratio
13.15
Price-to-sales ratio
0.79
Enterprise value
NT$1.96B
Free cash flow yield
3.60%
Debt-to-equity ratio
0.17
Return on equity
4.17%
ROIC
1.12%
Beta
0.56
Dividend yield
2.60%
Last dividend
NT$0.88
Financial overview
Revenue
NT$3.04B
Earnings per share
NT$0.56
Free cash flow
NT$72.08M
Net profit margin
6.00%
Gross margin
9.00%
EBITDA
NT$43.58M
Revenue growth
2.45%
Similar securities
This is not an investment recommendation
Sinkang Industries for Indian investors
Sinkang Industries 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 Sinkang Industries 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. Sinkang Industries’ current yield is 2.60%.Dividend tax explained
FAQs
Can I buy Sinkang Industries on Paasa?
Sinkang Industries (2032) has been listed on the Taiwan Stock Exchange since 2000, in the Steel industry. Sinkang Industries 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 Sinkang Industries share cost in rupees?
One Sinkang Industries share is NT$19.20 — about ₹58 at a TWD/INR rate of 3.01 on 30 Sep 2026. Both the Sinkang Industries 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 Sinkang Industries 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 Sinkang Industries price.
Does Sinkang Industries pay a dividend, and how is it taxed in India?
Yes. Sinkang Industries pays a dividend and the current yield is 2.60%; the last declared dividend was NT$0.88 per share, about ₹2.63. 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 Sinkang Industries 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 Sinkang Industries?
Yes. Sinkang Industries 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.