First Steamship Co., Ltd.
First Steamship Co., Ltd. (TAI: 2601) is trading at NT$5.91, about ₹18 at today's TWD/INR rate, as of 22 Sep 2026, 2:36 AM ET, down 0.34% today. First Steamship 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$5.84
Today's high
NT$5.93
52 week low
NT$4.70
52 week high
NT$8.28
2601 opened at NT$5.92, closed previously at NT$5.93, and has traded between NT$4.70 and NT$8.28 over the past 52 weeks.
About
First Steamship Co., Ltd., founded in 1963 and headquartered in Taipei, Taiwan, is a diversified company with a global presence. Its core business involves operating as a shipping company, primarily focusing on dry bulk cargo transportation. The company facilitates the movement of vital commodities like iron ore, coal, and various agricultural products across Taiwan, China, and international waters. Beyond its freight operations, First Steamship offers a comprehensive suite of maritime services, including vessel management, shipping agency functions, ship chartering, and extensive crewing services such as recruiting, selecting, and training personnel. Its fleet consists of 11 vessels, specifically comprising 5 Kamsarmax, 2 Lightweight, and 4 Supramax carriers. The company's operations extend into other sectors as well. It provides automobile financial leasing and business consultation services. Furthermore, First Steamship operates department stores that retail a broad selection of consumer goods, including apparel, jewelry, cosmetics, footwear, sporting equipment, household items, and furniture. Its portfolio also encompasses significant real estate activities. This includes the leasing of commercial properties, developing and renting out retail floor space within its department stores for brands and consumers, engaging in real estate development projects, and the general rental and leasing of buildings.
Key statistics
Avg. volume
5.05M
Market cap
NT$4.87B
P/E Ratio
-3.63
Price-to-sales ratio
16.35
Enterprise value
NT$7.98B
Free cash flow yield
19.15%
Debt-to-equity ratio
0.49
Return on equity
-18.25%
ROIC
0.40%
Beta
0.03
Dividend yield
0.00%
Last dividend
NT$0.00
Financial overview
Revenue
NT$1.49B
Earnings per share
-NT$1.69
Free cash flow
NT$825.65M
Net profit margin
-436.41%
Gross margin
-299.26%
EBITDA
NT$2.00B
Revenue growth
-69.29%
Similar securities
This is not an investment recommendation
First Steamship for Indian investors
First Steamship 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 First Steamship 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
- NoneFirst Steamship does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can I buy First Steamship on Paasa?
First Steamship (2601) has been listed on the Taiwan Stock Exchange since 1965, in the Marine Shipping industry. First Steamship 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 First Steamship share cost in rupees?
One First Steamship share is NT$5.91 — about ₹18 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the First Steamship 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 First Steamship 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 First Steamship price.
Does First Steamship pay a dividend?
No. First Steamship 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.
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 First Steamship 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 First Steamship?
Yes. First Steamship 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.