Calnex Solutions plc
Calnex Solutions plc (LSE: CLX) is trading at £0.56, about ₹71 at today's GBP/INR rate, as of 25 Sep 2026, 11:06 AM ET, down 0.88% today. Indian residents can buy Calnex Solutions from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£0.56
Today's high
£0.57
52 week low
£0.40
52 week high
£0.82
CLX opened at £0.56, closed previously at £0.57, and has traded between £0.40 and £0.82 over the past 52 weeks.
About
Calnex Solutions plc is a company specializing in the development, manufacturing, and global marketing of advanced test instrumentation and comprehensive solutions. Its primary focus areas encompass precise network synchronization and robust network emulation, catering to the needs of telecommunications networks, enterprise networks, and data centers across the globe. The company's diverse product portfolio addresses a wide array of testing requirements. For modern 5G networks, the Paragon-neo platform facilitates highly accurate PTP and SyncE testing up to 400GbE, achieving sub-nanosecond precision. NE-ONE serves as a performance testing application, enabling the evaluation of application functionality under realistic conditions across various networks, including LAN, WAN, Internet, Cloud, Wi-Fi, (A)DSL, mobile, and satellite. For designing and validating network architectures, Calnex SNE provides tools for network emulation and simulation. Field-based testing is supported by Sentinel, a solution vital for applications like 3G/4G/5G mobile backhaul, E911/critical infrastructure, financial networks, and power communications. Specific PTP profiles, including IEEE 802.1AS/AS-REV, SMPTE 2059-2, and ITU-T G.8275.1, are addressed by Paragon-ONE. The Paragon-X system is designed to test SyncE, PTP, and NTP mechanisms, as well as E1/T1 sync interfaces and Ethernet OAM functions. For high-speed Ethernet device validation, Calnex offers Attero-100G for 100/40/25GbE performance assessments, alongside Attero-X for network emulation. The Attero-V virtual impairments tool further enhances and complements the existing range of Spirent virtualization products. Additionally, Tempo provides pre-configured tests for embedded GPS/GLONASS/BEDOU receivers, with an optional mini rubidium oscillator. Complementary tools include the Rb/GPS frequency reference, which delivers stable 10MHz and 1pps measurement signals essential for synchronization testers, and a 1pps/ToD/Frequency Converter for adapting critical signals required by contemporary network devices. The Calnex Analysis Tool is also available as software for detailed network and device diagnostics. Calnex Solutions distributes its offerings internationally through a dedicated network of regional resellers and distributors. Established in 2006, the firm maintains its corporate headquarters in Linlithgow, United Kingdom.
Key statistics
Avg. volume
123.17K
Market cap
£49.32M
P/E Ratio
67.47
Price-to-sales ratio
2.25
Enterprise value
£40.94M
Free cash flow yield
11.58%
Debt-to-equity ratio
0.03
Return on equity
2.71%
ROIC
0.15%
Beta
1.05
Dividend yield
1.77%
Last dividend
£0.01
Financial overview
Revenue
£21.88M
Earnings per share
£0.01
Free cash flow
£5.71M
Net profit margin
3.33%
Gross margin
51.36%
EBITDA
£5.44M
Revenue growth
18.98%
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This is not an investment recommendation
How to buy Calnex Solutions from India
Indian residents can buy Calnex Solutions 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 GBP.
Search for Calnex Solutions and place an order
Find Calnex Solutions by name or by its ticker, CLX, and choose an order type. Calnex Solutions trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Calnex Solutions position in GBP 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 Calnex Solutions from India
Trading and taxes when buying Calnex Solutions from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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 UK levies 0% withholding tax on company dividends paid to non-residents. Calnex Solutions’ current yield is 1.77%.Dividend tax explained
- Transaction tax
- The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
- Estate or inheritance tax
- May applyShares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Calnex Solutions stock?
Yes. Calnex Solutions (CLX) has been listed on the London Stock Exchange since 2020, in the Communication Equipment 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 GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Calnex Solutions share cost in rupees?
One Calnex Solutions share is £0.56 — about ₹71 at a GBP/INR rate of 127.05 on 25 Sep 2026. Both the Calnex Solutions 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 Calnex Solutions 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 Calnex Solutions shares taxed in India?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares, 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 GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Calnex Solutions price. Paasa issues a capital-gains statement for your return.
Does Calnex Solutions pay a dividend, and how is it taxed in India?
Yes. Calnex Solutions pays a dividend and the current yield is 1.77%; the last declared dividend was £0.01 per share, about ₹1.26. Dividends are taxed at your slab rate in India. The UK levies 0% withholding tax on company dividends paid to non-residents. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Calnex Solutions from India?
The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Calnex Solutions shares held from India?
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. It applies to your overall holdings in that jurisdiction rather than to any one position.
Are there transaction taxes when buying Calnex Solutions?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.
Do I have to declare Calnex Solutions 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 Calnex Solutions holding, its cost and its closing value.
How do I sell Calnex Solutions and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP 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.