Elite Material Co., Ltd.
Elite Material Co., Ltd. (TAI: 2383) is trading at NT$4,935.00, about ₹14,889 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET, up 0.30% today. Elite Material 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$4,935.00
Today's high
NT$5,030.00
52 week low
NT$1,085.00
52 week high
NT$6,470.00
2383 opened at NT$4,990.00, closed previously at NT$4,920.00, and has traded between NT$1,085.00 and NT$6,470.00 over the past 52 weeks.
About
Elite Material Co., Ltd., established in 1992 and headquartered in Taoyuan, Taiwan, is an international manufacturer and supplier with operations spanning Taiwan, China, and other global markets. The company primarily produces and sells critical electronic materials and components, including copper clad laminates, specialized electronic-industrial chemicals and raw materials, printed circuit boards (PCBs), and prepreg. Beyond its core manufacturing, Elite Material diversifies its business by engaging in the wholesale and retail of electronics, telecommunications equipment, and batteries. Their activities also extend to power generation and distribution, machinery production, and import/export trade. The firm's advanced products are integral to a broad spectrum of industries, such as mobile devices, automotive and infrastructure, aerospace, industrial, and military applications.
Key statistics
Avg. volume
2.25M
Market cap
NT$1.77T
P/E Ratio
77.00
Price-to-sales ratio
13.56
Enterprise value
NT$578.24B
Free cash flow yield
0.37%
Debt-to-equity ratio
0.49
Return on equity
29.03%
ROIC
20.30%
Beta
1.62
Dividend yield
0.51%
Last dividend
NT$25.00
Financial overview
Revenue
NT$94.26B
Earnings per share
NT$41.67
Free cash flow
NT$2.15B
Net profit margin
17.57%
Gross margin
30.84%
EBITDA
NT$20.96B
Revenue growth
46.42%
Similar securities
This is not an investment recommendation
Elite Material for Indian investors
Elite Material 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 Elite Material 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. Elite Material’s current yield is 0.51%.Dividend tax explained
FAQs
Can I buy Elite Material on Paasa?
Elite Material (2383) has been listed on the Taiwan Stock Exchange since 1998, in the Hardware, Equipment & Parts industry. Elite Material 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 Elite Material share cost in rupees?
One Elite Material share is NT$4,935.00 — about ₹14,889 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Elite Material 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 Elite Material 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 Elite Material price.
Does Elite Material pay a dividend, and how is it taxed in India?
Yes. Elite Material pays a dividend and the current yield is 0.51%; the last declared dividend was NT$25.00 per share, about ₹75.42. 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 Elite Material 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 Elite Material?
Yes. Elite Material 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.