Formosan Rubber Group Inc.
Formosan Rubber Group Inc. (TAI: 2107) is trading at NT$27.00, about ₹81 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET, up 0.75% today. Formosan Rubber 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$26.80
Today's high
NT$27.05
52 week low
NT$23.10
52 week high
NT$27.30
2107 opened at NT$27.00, closed previously at NT$26.80, and has traded between NT$23.10 and NT$27.30 over the past 52 weeks.
About
Formosan Rubber Group Inc., together with its subsidiaries, manufactures and sells rubber and plastic sheets, plastic foam, resin sheets, and related materials. The company offers manufacturing and selling products including plastic raincoat material, clip fabric, air beds, polyvinyl chloride rubber, automotive parts, rubber boat material, rubber tape, rubber foam bag fabric, rubber air beds, rubber space bags, polyurethane inflatable beds, and inflatable boat fabric; environmental protection equipment; electronic (IC) products; silicone rubber, resin, oil, sealant, and resin materials; as well as laminated, PU lamination, PU coating, green plastic, and PVC products. It is also involved in the development of residential and commercial buildings for renting and selling; real estate investment and rental, as well as the sale of premises; and warehouse, logistics, and rental and leasing businesses. In addition, the company is involved in operations of cinemas, department stores, and supermarkets. The company products are used in various applications, including functional garments and fabrics, healthcare, industrial and safety products, inflatable products, and optical electronic materials, as well as for use in shoes, and bags and luggage products. It has operations in Taiwan, Europe, Asia, North America, and internationally. The company was founded in 1952 and is headquartered in Taipei, Taiwan.
Key statistics
Avg. volume
310.41K
Market cap
NT$8.20B
P/E Ratio
14.36
Price-to-sales ratio
5.48
Enterprise value
NT$7.37B
Free cash flow yield
8.66%
Debt-to-equity ratio
0.09
Return on equity
3.77%
ROIC
1.62%
Beta
0.25
Dividend yield
5.19%
Last dividend
NT$1.40
Financial overview
Revenue
NT$1.44B
Earnings per share
NT$1.67
Free cash flow
NT$648.78M
Net profit margin
38.29%
Gross margin
34.15%
EBITDA
NT$728.64M
Revenue growth
-2.54%
Similar securities
This is not an investment recommendation
Formosan Rubber for Indian investors
Formosan Rubber 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 Formosan Rubber 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. Formosan Rubber’s current yield is 5.19%.Dividend tax explained
FAQs
Can I buy Formosan Rubber on Paasa?
Formosan Rubber (2107) has been listed on the Taiwan Stock Exchange since 1990, in the Chemicals - Specialty industry. Formosan Rubber 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 Formosan Rubber share cost in rupees?
One Formosan Rubber share is NT$27.00 — about ₹81 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Formosan Rubber 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 Formosan Rubber 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 Formosan Rubber price.
Does Formosan Rubber pay a dividend, and how is it taxed in India?
Yes. Formosan Rubber pays a dividend and the current yield is 5.19%; the last declared dividend was NT$1.40 per share, about ₹4.22. 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 Formosan Rubber 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 Formosan Rubber?
Yes. Formosan Rubber 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.