Cargojet Inc.
Cargojet Inc. (TSX: CJT) is trading at CA$89.29, about ₹6,040 at today's CAD/INR rate, as of 30 Sep 2026, 11:14 AM ET, up 2.17% today. Indian residents can buy Cargojet from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$87.25
Today's high
CA$89.39
52 week low
CA$65.60
52 week high
CA$100.87
CJT opened at CA$87.25, closed previously at CA$87.39, and has traded between CA$65.60 and CA$100.87 over the past 52 weeks.
About
Cargojet Inc. specializes in express overnight air freight delivery, primarily serving Canada. The company's business activities include managing a domestic air cargo network that connects fourteen cities across North America. It also leases dedicated aircraft to clients under an Aircraft, Crew, Maintenance, and Insurance (ACMI) model, enabling operations between locations in Canada, North America, South America, and Europe. Cargojet maintains scheduled international routes for various cargo customers, connecting the United States with Bermuda, and Canada with the United Kingdom and Germany. Additionally, it offers on-demand charter aircraft for flights between Canada, the United States, and other international destinations. Specialized charter services cater to unique shipments such as livestock, military equipment, emergency relief supplies, and oversized cargo, reaching across North America, South America, the Caribbean, and Europe. The company is further involved in essential support services like flight planning and dispatch, crew development and training, ground handling, and commercial airline cargo management. As of December 31, 2021, Cargojet operated a fleet of 31 aircraft. The company was founded in 2005 and its headquarters are situated in Mississauga, Canada.
Key statistics
Avg. volume
112.53K
Market cap
CA$1.33B
P/E Ratio
28.90
Price-to-sales ratio
1.29
Enterprise value
CA$2.43B
Free cash flow yield
-7.90%
Debt-to-equity ratio
1.19
Return on equity
10.80%
ROIC
4.85%
Beta
1.16
Dividend yield
1.69%
Last dividend
CA$1.51
Financial overview
Revenue
CA$992.70M
Earnings per share
CA$5.24
Free cash flow
-CA$101.50M
Net profit margin
4.49%
Gross margin
18.79%
EBITDA
CA$331.50M
Revenue growth
-0.81%
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This is not an investment recommendation
How to buy Cargojet from India
Indian residents can buy Cargojet 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 Cargojet and place an order
Find Cargojet by name or by its ticker, CJT, and choose an order type. Cargojet trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Cargojet 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 Cargojet from India
Trading and taxes when buying Cargojet 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. Cargojet’s current yield is 1.69%.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 Cargojet stock?
Yes. Cargojet (CJT) has been listed on the Toronto Stock Exchange since 2012, in the Airlines, Airports & Air 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 Cargojet share cost in rupees?
One Cargojet share is CA$89.29 — about ₹6,040 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Cargojet 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 Cargojet 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 Cargojet 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 Cargojet price. Paasa issues a capital-gains statement for your return.
Does Cargojet pay a dividend, and how is it taxed in India?
Yes. Cargojet pays a dividend and the current yield is 1.69%; the last declared dividend was CA$1.51 per share, about ₹101.81. 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 Cargojet 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 Cargojet 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 Cargojet holding, its cost and its closing value.
How do I sell Cargojet 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 Cargojet?
Yes. Cargojet 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.