Algonquin Power & Utilities Corp.
Algonquin Power & Utilities Corp. (TSX: AQN) is trading at CA$7.09, about ₹482 at today's CAD/INR rate, as of 28 Sep 2026, 4:00 PM ET, up 0.42% today. Indian residents can buy Algonquin Power & Utilities from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$7.02
Today's high
CA$7.13
52 week low
CA$7.02
52 week high
CA$9.69
AQN opened at CA$7.06, closed previously at CA$7.06, and has traded between CA$7.02 and CA$9.69 over the past 52 weeks.
About
Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2025, it operated a portfolio of regulated utility systems in the United States, Canada, Bermuda, and Chile, serving approximately 1,272,000 customer connections. Its regulated electrical distribution utility systems and related transmission and generation assets are located in the states of Arkansas, California, Kansas, Missouri, Nevada, New Hampshire, and Oklahoma, as well as in Bermuda with approximately 311,000 electric customer connections. Its regulated water distribution and wastewater utility systems are located in the states of Arizona, Arkansas, California, Illinois, Missouri, New York, and Texas, as well as in Chile with approximately 583,000 customer connections. It’s regulated natural gas distribution utility systems are located in the states of Georgia, Illinois, Iowa, Massachusetts, Missouri, New Hampshire, and New York; and in the Canadian province of New Brunswick with approximately 378,000 natural gas customer connections. It also owns and operates generating assets with a gross capacity of approximately 2.0 gigawatt (GW) and has investments in generating assets with approximately 0.3 GW of net generation capacity. It generates and sells hydroelectric energy in Canada, and capacity and renewable attributes are produced by its portfolio of 14 hydroelectric power generation facilities located in the provinces of Alberta, Ontario, New Brunswick, and Quebec. As of December 31, 2025, it had a combined gross generating capacity of approximately 112 megawatts (MW) and a combined net generating capacity of approximately 105 MW. The company was formerly known as Traduction Militech Translation Inc. in October 2009. The company was incorporated in 1988 and is headquartered in Oakville, Canada.
Key statistics
Avg. volume
2.66M
Market cap
CA$5.46B
P/E Ratio
27.48
Price-to-sales ratio
1.52
Enterprise value
$10.43B
Free cash flow yield
-1.51%
Debt-to-equity ratio
1.44
Return on equity
3.20%
ROIC
2.50%
Beta
0.89
Dividend yield
5.06%
Last dividend
CA$0.36
Financial overview
Revenue
$2.45B
Earnings per share
$0.23
Free cash flow
-$181.42M
Net profit margin
5.86%
Gross margin
45.39%
EBITDA
$909.45M
Revenue growth
5.59%
Similar securities
This is not an investment recommendation
How to buy Algonquin Power & Utilities from India
Indian residents can buy Algonquin Power & Utilities 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 Algonquin Power & Utilities and place an order
Find Algonquin Power & Utilities by name or by its ticker, AQN, and choose an order type. Algonquin Power & Utilities trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Algonquin Power & Utilities position in CAD 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 Algonquin Power & Utilities from India
Trading and taxes when buying Algonquin Power & Utilities 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
- Slab rateDividends are taxed at your slab rate in India. Algonquin Power & Utilities’ current yield is 5.06%.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 Algonquin Power & Utilities stock?
Yes. Algonquin Power & Utilities (AQN) has been listed on the Toronto Stock Exchange since 2003, in the Diversified Utilities 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 Algonquin Power & Utilities share cost in rupees?
One Algonquin Power & Utilities share is CA$7.09 — about ₹482 at a CAD/INR rate of 68.04 on 27 Sep 2026. Both the Algonquin Power & Utilities 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 Algonquin Power & Utilities 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 Algonquin Power & Utilities 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 Algonquin Power & Utilities price. Paasa issues a capital-gains statement for your return.
Does Algonquin Power & Utilities pay a dividend, and how is it taxed in India?
Yes. Algonquin Power & Utilities pays a dividend and the current yield is 5.06%; the last declared dividend was CA$0.36 per share, about ₹24.39. 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 Algonquin Power & Utilities 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 Algonquin Power & Utilities 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 Algonquin Power & Utilities holding, its cost and its closing value.
How do I sell Algonquin Power & Utilities 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 Algonquin Power & Utilities?
Yes. Algonquin Power & Utilities 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.