Associated British Foods plc
Associated British Foods plc (LSE: ABF) is trading at £18.85, about ₹2,395 at today's GBP/INR rate, as of 30 Sep 2026, 6:32 AM ET, up 1.34% today. Indian residents can buy Associated British Foods from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£18.68
Today's high
£18.98
52 week low
£15.59
52 week high
£23.59
ABF opened at £18.72, closed previously at £18.60, and has traded between £15.59 and £23.59 over the past 52 weeks.
About
Associated British Foods plc (ABF) is a global diversified entity, primarily engaged in the food, ingredient, and retail sectors. Its extensive operations are segmented into five distinct divisions: Grocery, Sugar, Agriculture, Ingredients, and Retail. Within the Grocery segment, ABF is responsible for the production and distribution of a wide array of consumer food products. This includes hot beverages, various sweeteners, cooking oils, specialty vinegars, bakery items, breakfast cereals, ethnic culinary products, and meat products, all supplied to retail, wholesale, and foodservice channels. The Sugar division is dedicated to the cultivation, processing, and subsequent sale of sugar beet and sugar cane, primarily catering to industrial clients. Its Agriculture segment focuses on the manufacturing and supply of animal feeds, alongside a range of other products and services designed for the agricultural industry. The Ingredients segment specializes in the creation of key components such as bakers' yeast, essential bakery ingredients, enzymes, lipids, yeast extracts, and various cereal specialties. Lastly, the Retail segment manages the sourcing and merchandising of apparel and accessories through its well-known Primark and Penneys retail chains. These outlets offer a comprehensive selection spanning womenswear, menswear, children's clothing, footwear, fashion accessories, homeware, and skincare products. Founded in 1935 and based in London, United Kingdom, Associated British Foods plc is ultimately controlled by Wittington Investments Limited.
Key statistics
Avg. volume
986.02K
Market cap
£13.19B
P/E Ratio
14.07
Price-to-sales ratio
0.68
Enterprise value
£18.48B
Free cash flow yield
7.23%
Debt-to-equity ratio
0.33
Return on equity
9.27%
ROIC
7.62%
Beta
0.81
Dividend yield
3.34%
Last dividend
£0.63
Financial overview
Revenue
£19.45B
Earnings per share
£1.42
Free cash flow
£1.15B
Net profit margin
4.89%
Gross margin
7.53%
EBITDA
£2.43B
Revenue growth
-3.10%
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This is not an investment recommendation
How to buy Associated British Foods from India
Indian residents can buy Associated British Foods 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 GBP.
Search for Associated British Foods and place an order
Find Associated British Foods by name or by its ticker, ABF, and choose an order type. Associated British Foods trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Associated British Foods position in GBP 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 Associated British Foods from India
Trading and taxes when buying Associated British Foods from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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. The UK levies 0% withholding tax on company dividends paid to non-residents. Associated British Foods’ current yield is 3.34%.Dividend tax explained
- Transaction tax
- The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
- Estate or inheritance tax
- May applyShares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.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 Associated British Foods stock?
Yes. Associated British Foods (ABF) has been listed on the London Stock Exchange since 1988, in the Packaged Foods 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 GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Associated British Foods share cost in rupees?
One Associated British Foods share is £18.85 — about ₹2,395 at a GBP/INR rate of 127.06 on 29 Sep 2026. Both the Associated British Foods 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 Associated British Foods 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 Associated British Foods shares taxed in India?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares, 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 GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Associated British Foods price. Paasa issues a capital-gains statement for your return.
Does Associated British Foods pay a dividend, and how is it taxed in India?
Yes. Associated British Foods pays a dividend and the current yield is 3.34%; the last declared dividend was £0.63 per share, about ₹80.05. Dividends are taxed at your slab rate in India. The UK levies 0% withholding tax on company dividends paid to non-residents. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Associated British Foods from India?
The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Associated British Foods shares held from India?
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. It applies to your overall holdings in that jurisdiction rather than to any one position.
Are there transaction taxes when buying Associated British Foods?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.
Do I have to declare Associated British Foods 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 Associated British Foods holding, its cost and its closing value.
How do I sell Associated British Foods and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP 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.