Test-Rite International Co., Ltd.
Test-Rite International Co., Ltd. (TAI: 2908) is trading at NT$22.00, about ₹67 at today's TWD/INR rate, as of 8 Oct 2026, 1:30 AM ET, down 0.23% today. Test-Rite International 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$21.90
Today's high
NT$22.05
52 week low
NT$19.75
52 week high
NT$22.60
2908 opened at NT$22.00, closed previously at NT$22.05, and has traded between NT$19.75 and NT$22.60 over the past 52 weeks.
About
Test-Rite International Co., Ltd., established in Taipei, Taiwan, in 1978, is a global enterprise engaged in the import and export of an extensive range of goods, including hand tools, automotive components, various types of machinery, furniture, and numerous home appliances. Its international reach spans across Asia, the Americas, Europe, and Australia. The company's operations are segmented into Retail, Trading, and Construction. Its diverse product portfolio covers practical items such as gardening tools (shovels, sprinklers) and various hand tools (axes, saws, wrenches, pliers), along with screws and DIY furniture supplies. Test-Rite also provides outdoor living essentials like tables, chairs, ice buckets, tents, and barbecue equipment, alongside seasonal offerings such as Christmas gifts. For the home, it supplies storage solutions, furniture (including mattresses, sofas, and leisure chairs), and a wide selection of electronics and lighting fixtures, from computer accessories and ceiling fans to an array of lamps and personal care appliances like blow-dryers and shavers. Its inventory further extends to automotive parts and maintenance products, sports and leisure goods (like bicycles), beauty and health merchandise, recreational items, and organic lifestyle products such as healthy grains, tea, and personal cleaning supplies. Beyond product distribution, Test-Rite offers a comprehensive suite of professional services aimed at enhancing living spaces. These include home improvement, furnishing, interior design, full-house decorations, kitchen renovations, plumbing and electrical maintenance, waterproofing and leak repair, and air conditioning repair consultations. The company also provides services in information software, electronic information, hardware and construction material supply, mechanical and electronic engineering, cleaning and landscape design, logistics, condominium management, tally packaging, and property leasing. Furthermore, Test-Rite is involved in real estate development, constructing dwellings and leasing properties. As of December 31, 2020, Test-Rite boasted a significant retail presence in Taiwan, operating 27 TLW (DIY) outlets, 15 community stores, 26 HOLA stores, 3 Crate & Barrel locations, and 11 hoi! stores.
Key statistics
Avg. volume
230.16K
Market cap
NT$11.22B
P/E Ratio
17.89
Price-to-sales ratio
0.33
Enterprise value
NT$29.98B
Free cash flow yield
13.64%
Debt-to-equity ratio
2.88
Return on equity
1.65%
ROIC
-0.54%
Beta
0.15
Dividend yield
2.50%
Last dividend
NT$0.55
Financial overview
Revenue
NT$33.62B
Earnings per share
NT$0.22
Free cash flow
NT$1.48B
Net profit margin
1.82%
Gross margin
28.37%
EBITDA
NT$2.79B
Revenue growth
-8.72%
Similar securities
This is not an investment recommendation
Test-Rite International for Indian investors
Test-Rite International 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 Test-Rite International 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. Test-Rite International’s current yield is 2.50%.Dividend tax explained
FAQs
Can I buy Test-Rite International on Paasa?
Test-Rite International (2908) has been listed on the Taiwan Stock Exchange since 1993, in the Home Improvement industry. Test-Rite International 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 Test-Rite International share cost in rupees?
One Test-Rite International share is NT$22.00 — about ₹67 at a TWD/INR rate of 3.03 on 9 Oct 2026. Both the Test-Rite International 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 Test-Rite International 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 Test-Rite International price.
Does Test-Rite International pay a dividend, and how is it taxed in India?
Yes. Test-Rite International pays a dividend and the current yield is 2.50%; the last declared dividend was NT$0.55 per share, about ₹1.67. 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 Test-Rite International 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 Test-Rite International?
Yes. Test-Rite International 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.