WLS Holdings Limited
WLS Holdings Limited (HKSE: 8021) is trading at HK$0.19, about ₹2 at today's HKD/INR rate, as of 25 Sep 2026, 3:47 AM ET, down 6.53% today. Indian residents can buy WLS from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.18
Today's high
HK$0.19
52 week low
HK$0.01
52 week high
HK$0.96
8021 opened at HK$0.18, closed previously at HK$0.20, and has traded between HK$0.01 and HK$0.96 over the past 52 weeks.
About
WLS Holdings Limited, an investment holding company established in 2001 and based in Aberdeen, Hong Kong, primarily offers scaffolding, interior fitting-out, and various support services to the construction and building industries within Hong Kong. Its extensive service portfolio includes a diverse range of scaffolding solutions, such as metal-bamboo matrix systems, traditional bamboo, steel/Pik Lik, and lift-shaft scaffolds. The company also specializes in permanent access equipment like building maintenance units and platforms, provides temporary gondolas, and offers gondola rental services. Further capabilities extend to false ceiling installations, comprehensive fitting-out works, and specialized applications involving glass fiber reinforced concrete (GRC), glass reinforced plastic (GRP), custom signage, artwork, and decorative stamped concrete. Ancillary support encompasses transportation, project management, and expert consultancy. WLS Holdings' operations are structured across four main segments: Scaffolding, Fitting Out and Other Auxiliary Services for Construction and Building Work; Money Lending; Securities Investment; and Assets Management. Additionally, the company is involved in the design, sale, trading, repair, and maintenance of gondolas and parapet railings, the installation and upkeep of access equipment, property holding, and management contracting services.
Key statistics
Avg. volume
237.70K
Market cap
HK$133.61M
P/E Ratio
0.50
Price-to-sales ratio
0.90
Enterprise value
HK$277.75M
Free cash flow yield
-1.08%
Debt-to-equity ratio
0.34
Return on equity
30.66%
ROIC
-2.03%
Beta
-0.92
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
HK$98.56M
Earnings per share
HK$0.26
Free cash flow
-HK$1.52M
Net profit margin
96.02%
Gross margin
51.81%
EBITDA
-HK$6.25M
Revenue growth
24.55%
Similar securities
This is not an investment recommendation
How to buy WLS from India
Indian residents can buy WLS 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 HKD.
Search for WLS and place an order
Find WLS by name or by its ticker, 8021, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. WLS trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your WLS position in HKD and INR. WLS pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in WLS from India
Trading and taxes when buying WLS from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- 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
- NoneWLS does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy WLS stock?
Yes. WLS (8021) has been listed on the Hong Kong Stock Exchange since 2001, in the Engineering & Construction 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 HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one WLS share cost in rupees?
One WLS share is HK$0.19 — about ₹2 at an HKD/INR rate of 12.23 on 26 Sep 2026. Both the WLS 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 WLS 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.
What is the minimum I can buy of WLS?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on WLS shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. 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 HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the WLS price. Paasa issues a capital-gains statement for your return.
Does WLS pay a dividend?
No. WLS 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 — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade WLS from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is there estate or inheritance tax on WLS shares held from India?
Hong Kong has no estate duty.
Do I have to declare WLS 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 WLS holding, its cost and its closing value.
How do I sell WLS and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD 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.