Accord Financial Corp.
Accord Financial Corp. (TSX: ACD) is trading at CA$0.91, about ₹62 at today's CAD/INR rate, as of 25 Sep 2026, 10:34 AM ET, down 2.15% today. Indian residents can buy Accord Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$0.89
Today's high
CA$0.91
52 week low
CA$0.50
52 week high
CA$3.53
ACD opened at CA$0.89, closed previously at CA$0.93, and has traded between CA$0.50 and CA$3.53 over the past 52 weeks.
About
Accord Financial Corp., established in Toronto, Canada in 1978, provides a comprehensive suite of asset-backed financial services to industrial and commercial businesses, primarily throughout Canada and the United States. The company's core activities include asset-based lending, where it finances or purchases accounts receivable on a recourse basis, in addition to funding other physical assets like inventory and machinery. Its offerings extend to lease and equipment financing, working capital solutions, and specialized funding for film and media projects, alongside offering credit guarantees and collection services. Furthermore, Accord delivers factoring, credit assessment services, and supply chain financing designed for importers. The firm supports clients across a wide range of industries, including manufacturing, retail, service, wholesale, international trade, finance, apparel, food and beverage, and construction.
Key statistics
Avg. volume
7.14K
Market cap
CA$7.79M
P/E Ratio
-0.23
Price-to-sales ratio
0.18
Enterprise value
CA$113.01M
Free cash flow yield
1277.70%
Debt-to-equity ratio
2.54
Return on equity
-62.48%
ROIC
-1.29%
Beta
-0.10
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$61.90M
Earnings per share
-CA$3.50
Free cash flow
CA$5.88M
Net profit margin
-76.82%
Gross margin
97.89%
EBITDA
CA$9.91M
Revenue growth
-25.47%
Similar securities
This is not an investment recommendation
How to buy Accord Financial from India
Indian residents can buy Accord Financial 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 CAD.
Search for Accord Financial and place an order
Find Accord Financial by name or by its ticker, ACD, and choose an order type. Accord Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Accord Financial position in CAD and INR. Accord Financial 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 Accord Financial from India
Trading and taxes when buying Accord Financial from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- 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
- NoneAccord Financial does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Accord Financial stock?
Yes. Accord Financial (ACD) has been listed on the Toronto Stock Exchange since 1995, in the Financial - Credit Services 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Accord Financial share cost in rupees?
One Accord Financial share is CA$0.91 — about ₹62 at a CAD/INR rate of 68.03 on 25 Sep 2026. Both the Accord Financial 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 Accord Financial 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 Accord Financial 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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Accord Financial price. Paasa issues a capital-gains statement for your return.
Does Accord Financial pay a dividend?
No. Accord Financial 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 Accord Financial from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare Accord Financial 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 Accord Financial holding, its cost and its closing value.
How do I sell Accord Financial and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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 Accord Financial?
Yes. Accord Financial is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.