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Badger Meter, Inc.

$125.99Last updated
-$0.54 (0.43%)Past day
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Badger Meter, Inc. (NYSE: BMI) is trading at $125.99, about ₹12,103 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.43% today. Indian residents can buy Badger Meter from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$126.89
Previous close:$126.53
Volume:297.18K

Today's low

$123.42

Today's high

$128.19

52 week low

$112.09

52 week high

$204.00

BMI opened at $126.89, closed previously at $126.53, and has traded between $112.09 and $204.00 over the past 52 weeks.

About

Badger Meter, Inc. (BMI) provides a comprehensive range of solutions for flow measurement, quality assessment, control, and communication. Operating globally, the company serves markets across North America, Europe, Asia, and the Middle East. For municipal water utilities, BMI supplies both conventional and advanced water meters, complemented by associated radio, software, and service technologies. Additionally, Badger Meter engineers and produces a variety of flow instrumentation devices, including meters, valves, and sensing tools. These instruments are vital for measuring and controlling the flow of various substances—from water, air, and steam to oil and other liquids and gases—within industrial piping and pipelines. They are incorporated by original equipment manufacturers (OEMs) as primary measurement components within their products or systems and distributed through manufacturer representatives. Key applications for this instrumentation span water/wastewater treatment, heating, ventilation, and air conditioning (HVAC) systems, and corporate sustainability efforts. The company further innovates with its ORION suite of automatic meter reading (AMR) technologies, encompassing ORION Migratable, ORION (SE) for traditional fixed networks, and ORION Cellular for infrastructure-free fixed network solutions. Its BEACON advanced metering analytics platform, a secure cloud-hosted software, empowers users with alerts for specified conditions and consumer engagement tools to visualize and manage water usage. Serving a broad customer base, including water utilities, industrial clients, and other sectors, Badger Meter sells its offerings directly and through a network of resellers and representatives. Founded in 1905, Badger Meter, Inc. is headquartered in Milwaukee, Wisconsin.

Country
US
CEO
Kenneth C. Bockhorst
Exchange listed on
NYSE
Industry
Industrial - Machinery
Base currency
USD
Full Time Employees
2,477
Sector
Industrials
IPO date
27/10/1983

Key statistics

Avg. volume

438.20K

Market cap

$3.65B

P/E Ratio

29.37

Price-to-sales ratio

4.15

Enterprise value

$4.90B

Free cash flow yield

3.31%

Debt-to-equity ratio

0.00

Return on equity

19.86%

ROIC

16.73%

Beta

0.64

Dividend yield

1.30%

Last dividend

$1.64

Financial overview

Revenue

$916.66M

Earnings per share

$4.82

Free cash flow

$169.67M

Net profit margin

14.27%

Gross margin

41.31%

EBITDA

$223.24M

Revenue growth

10.90%

Similar securities

This is not an investment recommendation

How to buy Badger Meter from India

Indian residents can buy Badger Meter 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.

  1. 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.

  2. 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.

  3. Search for Badger Meter and place an order

    Find Badger Meter by name or by its ticker, BMI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Badger Meter trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Badger Meter position in USD 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 Badger Meter from India

Trading and taxes when buying Badger Meter 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Badger Meter’s current yield is 1.30%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Badger Meter stock?

Yes. Badger Meter (BMI) has been listed on the New York Stock Exchange since 1983, in the Industrial - Machinery 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. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Badger Meter share cost in rupees?

One Badger Meter share is $125.99 — about ₹12,103 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Badger Meter 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 Badger Meter 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.

Can I buy Badger Meter with less than the price of one share?

Yes. A whole Badger Meter share is $125.99, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.

How are gains on Badger Meter shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, 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 USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Badger Meter price. Paasa issues a capital-gains statement for your return.

Does Badger Meter pay a dividend, and how is it taxed in India?

Yes. Badger Meter pays a dividend and the current yield is 1.30%; the last declared dividend was $1.64 per share, about ₹157.54. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Badger Meter from India?

The New York 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 the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Badger Meter shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Badger Meter 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 Badger Meter holding, its cost and its closing value.

How do I sell Badger Meter and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD 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.