Carmila S.A.
Carmila S.A. (PAR: CARM) is trading at €14.80, about ₹1,617 at today's EUR/INR rate, as of 25 Sep 2026, 11:35 AM ET, down 0.40% today. Indian residents can buy Carmila from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€14.76
Today's high
€14.88
52 week low
€14.76
52 week high
€18.64
CARM opened at €14.86, closed previously at €14.86, and has traded between €14.76 and €18.64 over the past 52 weeks.
About
Carmila, a collaborative venture between Carrefour and prominent institutional investors, holds the distinction of being Continental Europe's third-largest publicly traded shopping center company. Its core objective is to revitalize and improve retail complexes situated next to Carrefour hypermarkets throughout France, Spain, and Italy. As of June 30, 2020, Carmila managed an extensive portfolio of 215 retail properties, each a leading destination within its local market, collectively valued at €6.2 billion. With a fundamental dedication to local community integration, Carmila aims to streamline and enhance the daily lives of both merchants and customers in the areas it serves. The organization operates with a strong commercial mindset, and its expert teams deploy a wide array of skills—including operational management, center administration, marketing (both traditional and local digital), new business development, and corporate social responsibility—to maximize the attractiveness of its assets. Carmila is listed on Euronext-Paris (Compartment A) under the ticker CARM, benefiting from the favorable tax framework for listed real estate investment companies (SIIC) in France. The company joined the FTSE EPRA/NAREIT Global Real Estate (EMEA Region) indices on September 18, 2017, and subsequently became part of the Euronext CAC Small, CAC Mid Small, and CAC All-tradable indices on September 24, 2018.
Key statistics
Avg. volume
129.79K
Market cap
€2.05B
P/E Ratio
6.98
Price-to-sales ratio
3.61
Enterprise value
€4.74B
Free cash flow yield
10.66%
Debt-to-equity ratio
0.81
Return on equity
8.64%
ROIC
4.59%
Beta
0.78
Dividend yield
9.19%
Last dividend
€1.36
Financial overview
Revenue
€574.35M
Earnings per share
€1.32
Free cash flow
€215.52M
Net profit margin
51.71%
Gross margin
75.11%
EBITDA
€334.60M
Revenue growth
13.30%
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This is not an investment recommendation
How to buy Carmila from India
Indian residents can buy Carmila 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 Carmila and place an order
Find Carmila by name or by its ticker, CARM, and choose an order type. Carmila trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Carmila 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 Carmila from India
Trading and taxes when buying Carmila 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. Carmila’s current yield is 9.19%.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 Carmila stock?
Yes. Carmila (CARM) has been listed on Euronext Paris since 2011, in the REIT - Retail 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 Carmila share cost in rupees?
One Carmila share is €14.80 — about ₹1,617 at an EUR/INR rate of 109.24 on 24 Sep 2026. Both the Carmila 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 Carmila 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 Carmila 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 Carmila price. Paasa issues a capital-gains statement for your return.
Does Carmila pay a dividend, and how is it taxed in India?
Yes. Carmila pays a dividend and the current yield is 9.19%; the last declared dividend was €1.36 per share, about ₹148.56. 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 Carmila 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 Carmila 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 Carmila holding, its cost and its closing value.
How do I sell Carmila 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 Carmila?
Yes. Carmila 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.