Nongfu Spring Co., Ltd.
Nongfu Spring Co., Ltd. (HKSE: 9633) is trading at HK$39.66, about ₹485 at today's HKD/INR rate, as of 29 Sep 2026, 11:59 PM ET, up 0.35% today. Indian residents can buy Nongfu Spring from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$39.08
Today's high
HK$39.78
52 week low
HK$37.90
52 week high
HK$56.25
9633 opened at HK$39.56, closed previously at HK$39.52, and has traded between HK$37.90 and HK$56.25 over the past 52 weeks.
About
Nongfu Spring Co., Ltd., founded in 1996 and headquartered in Hangzhou, China, primarily manufactures and distributes packaged drinking water and a diverse range of beverage products across Mainland China. Its business activities are structured into five main segments: Water Products, Ready-To-Drink Tea Products, Functional Drinks, Juice Beverages, and a broader 'Other Products' category. The company's extensive portfolio encompasses various tea and fruit juice lines, specialized functional beverages, and other drinks such as soda water, sparkling flavored options, coffee, and plant-based yogurts. Nongfu Spring also ventures into agricultural products, specifically fresh fruits, and offers supply chain management services. The company operates as a subsidiary of Yangshengtang Co., Ltd.
Key statistics
Avg. volume
6.93M
Market cap
HK$446.02B
P/E Ratio
22.43
Price-to-sales ratio
6.77
Enterprise value
CN¥466.55B
Free cash flow yield
2.97%
Debt-to-equity ratio
0.14
Return on equity
40.19%
ROIC
32.58%
Beta
0.23
Dividend yield
2.85%
Last dividend
HK$1.13
Financial overview
Revenue
CN¥52.55B
Earnings per share
CN¥1.41
Free cash flow
CN¥14.07B
Net profit margin
30.25%
Gross margin
60.79%
EBITDA
CN¥22.77B
Revenue growth
22.51%
Similar securities
This is not an investment recommendation
How to buy Nongfu Spring from India
Indian residents can buy Nongfu Spring 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 Nongfu Spring and place an order
Find Nongfu Spring by name or by its ticker, 9633, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Nongfu Spring trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Nongfu Spring position in HKD 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 Nongfu Spring from India
Trading and taxes when buying Nongfu Spring 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
- Slab rateDividends are taxed at your slab rate in India. Nongfu Spring’s current yield is 2.85%.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 Nongfu Spring stock?
Yes. Nongfu Spring (9633) has been listed on the Hong Kong Stock Exchange since 2020, in the Beverages - Non-Alcoholic 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 Nongfu Spring share cost in rupees?
One Nongfu Spring share is HK$39.66 — about ₹485 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Nongfu Spring 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 Nongfu Spring 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 Nongfu Spring?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Nongfu Spring 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 Nongfu Spring price. Paasa issues a capital-gains statement for your return.
Does Nongfu Spring pay a dividend, and how is it taxed in India?
Yes. Nongfu Spring pays a dividend and the current yield is 2.85%; the last declared dividend was HK$1.13 per share, about ₹13.83. 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 Nongfu Spring 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 Nongfu Spring a Hong Kong SAR China company, and does that change how it is taxed?
Nongfu Spring trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Nongfu Spring trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Nongfu Spring 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 Nongfu Spring holding, its cost and its closing value.
How do I sell Nongfu Spring 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.