Altarea SCA
Altarea SCA (PAR: ALTA) is trading at €82.70, about ₹9,031 at today's EUR/INR rate, as of 25 Sep 2026, 11:36 AM ET, down 1.31% today. Indian residents can buy Altarea SCA from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€82.30
Today's high
€85.50
52 week low
€82.30
52 week high
€131.40
ALTA opened at €85.50, closed previously at €83.80, and has traded between €82.30 and €131.40 over the past 52 weeks.
About
Altarea holds the position of France's leading property developer. Operating as both a developer and an investor, the group is active in the three primary real estate segments – retail, residential, and commercial property – which enables it to lead major mixed-use urban regeneration schemes across France. For each of its endeavors, the company possesses comprehensive capabilities to conceptualize, construct, market, and manage custom-built real estate products. Altarea is publicly listed on Compartment A of Euronext Paris and forms part of the SBF 120 index.
Key statistics
Avg. volume
9.77K
Market cap
€2.05B
P/E Ratio
-26.12
Price-to-sales ratio
0.55
Enterprise value
€1.64B
Free cash flow yield
-7.81%
Debt-to-equity ratio
1.15
Return on equity
-5.57%
ROIC
-1.00%
Beta
0.79
Dividend yield
0.00%
Last dividend
€8.00
Financial overview
Revenue
€2.08B
Earnings per share
€0.37
Free cash flow
-€38.10M
Net profit margin
-2.10%
Gross margin
13.58%
EBITDA
€177.30M
Revenue growth
-23.09%
Similar securities
This is not an investment recommendation
How to buy Altarea SCA from India
Indian residents can buy Altarea SCA 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 Altarea SCA and place an order
Find Altarea SCA by name or by its ticker, ALTA, and choose an order type. Altarea SCA trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Altarea SCA 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 Altarea SCA from India
Trading and taxes when buying Altarea SCA 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.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 Altarea SCA stock?
Yes. Altarea SCA (ALTA) has been listed on Euronext Paris since 2000, in the Real Estate - Development 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 Altarea SCA share cost in rupees?
One Altarea SCA share is €82.70 — about ₹9,031 at an EUR/INR rate of 109.20 on 26 Sep 2026. Both the Altarea SCA 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 Altarea SCA 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 Altarea SCA 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 Altarea SCA price. Paasa issues a capital-gains statement for your return.
Does Altarea SCA pay a dividend, and how is it taxed in India?
Yes. Altarea SCA pays a dividend — the most recent was €8.00 per share, about ₹873.62. Dividends are taxed at your slab rate in India. Paasa's dividend report covers each payment.
When can I trade Altarea SCA from India?
Euronext Paris trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when France is on standard time. Orders can only execute during that window.
Do I have to declare Altarea SCA 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 Altarea SCA holding, its cost and its closing value.
How do I sell Altarea SCA 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 Altarea SCA?
Yes. Altarea SCA 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.