Otis Worldwide Corporation
Otis Worldwide Corporation (XETRA: 4PG) is trading at €57.25, about ₹6,235 at today's EUR/INR rate, as of 30 Sep 2026, 1:19 PM ET, down 0.76% today. Indian residents can buy Otis Worldwide from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€57.25
Today's high
€58.01
52 week low
€57.25
52 week high
€81.90
4PG opened at €57.88, closed previously at €57.69, and has traded between €57.25 and €81.90 over the past 52 weeks.
About
Otis Worldwide Corporation engages in manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. It sells its products directly to customers, as well as through agents and distributors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut.
Key statistics
Avg. volume
269.00
Market cap
€21.79B
P/E Ratio
16.62
Price-to-sales ratio
1.66
Enterprise value
$42.01B
Free cash flow yield
4.20%
Debt-to-equity ratio
-1.54
Return on equity
-25.67%
ROIC
39.59%
Beta
0.88
Dividend yield
2.65%
Last dividend
€1.48
Financial overview
Revenue
$14.43B
Earnings per share
$3.52
Free cash flow
$1.44B
Net profit margin
10.17%
Gross margin
30.17%
EBITDA
$2.31B
Revenue growth
1.20%
Similar securities
This is not an investment recommendation
How to buy Otis Worldwide from India
Indian residents can buy Otis Worldwide shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to EUR.
Search for Otis Worldwide and place an order
Find Otis Worldwide by name or by its ticker, 4PG, and choose an order type. Otis Worldwide trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Otis Worldwide position in EUR and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Otis Worldwide from India
Trading and taxes when buying Otis Worldwide from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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. Otis Worldwide’s current yield is 2.65%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Otis Worldwide stock?
Yes. Otis Worldwide (4PG) has been listed on XETRA since 2025, in the Industrial - Machinery industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Otis Worldwide share cost in rupees?
One Otis Worldwide share is €57.25 — about ₹6,235 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Otis Worldwide price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Otis Worldwide 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. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Otis Worldwide 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Otis Worldwide price. Paasa issues a capital-gains statement for your return.
Does Otis Worldwide pay a dividend, and how is it taxed in India?
Yes. Otis Worldwide pays a dividend and the current yield is 2.65%; the last declared dividend was €1.48 per share, about ₹161.20. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Otis Worldwide from India?
XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
Is Otis Worldwide a Germany company, and does that change how it is taxed?
Otis Worldwide trades on XETRA in EUR, but the company is domiciled in United States. Otis Worldwide trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Otis Worldwide 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. Paasa gives you a Schedule FA-ready statement listing your Otis Worldwide holding, its cost and its closing value.
How do I sell Otis Worldwide and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on Otis Worldwide?
Yes. Otis Worldwide is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.