Consumers Energy Company
Consumers Energy Company (NYSE: CMS-PB) is trading at $77.28, about ₹7,487 at today's USD/INR rate, as of 8 Oct 2026, 12:13 PM ET, up 1.68% today. Indian residents can buy Consumers Energy from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$76.01
Today's high
$77.28
52 week low
$72.35
52 week high
$84.50
CMS-PB opened at $76.01, closed previously at $76.01, and has traded between $72.35 and $84.50 over the past 52 weeks.
About
Consumers Energy Company operates as a dual-utility provider, supplying both electricity and natural gas across Michigan. The firm's operations are segmented into three core divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility division is responsible for power generation, procurement, transmission, delivery, and sales. It utilizes a diverse energy mix, including coal, wind, natural gas, various renewable sources, oil, and nuclear power. Its extensive electrical network comprises approximately 4,636 miles of high-voltage overhead distribution lines, 23 miles of high-voltage underground distribution lines, 82,474 miles of standard overhead distribution lines, 9,395 miles of underground distribution lines, 1,093 substations with a combined transformer capacity of 26 million, and three battery storage facilities offering 2 MWh of capacity. The Gas Utility division handles the acquisition, transport, storage, distribution, and sale of natural gas. Its infrastructure features 2,392 miles of transmission lines, 15 natural gas storage facilities, 28,065 miles of distribution mains, and 8 compressor stations totaling 149,817 installed and available horsepower. Consumers Energy serves a broad clientele, encompassing residential homes, businesses, and various industrial enterprises. Established in 1886 and headquartered in Jackson, Michigan, the company is a wholly-owned subsidiary of CMS Energy Corporation.
Key statistics
Avg. volume
678.00
Market cap
$23.06B
P/E Ratio
22.80
Price-to-sales ratio
2.56
Enterprise value
$34.55B
Free cash flow yield
10.33%
Debt-to-equity ratio
1.43
Return on equity
8.54%
ROIC
3.69%
Beta
0.19
Dividend yield
5.82%
Last dividend
$4.50
Financial overview
Revenue
$8.54B
Earnings per share
$3.78
Free cash flow
$2.23B
Net profit margin
10.66%
Gross margin
29.91%
EBITDA
$3.35B
Revenue growth
13.63%
Similar securities
This is not an investment recommendation
How to buy Consumers Energy from India
Indian residents can buy Consumers Energy 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.
Search for Consumers Energy and place an order
Find Consumers Energy by name or by its ticker, CMS-PB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Consumers Energy trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Consumers Energy position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Consumers Energy 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. Consumers Energy’s current yield is 5.82%.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
FAQs
Can Indian residents buy Consumers Energy stock?
Yes. Consumers Energy (CMS-PB) has been listed on the New York Stock Exchange since 1972, in the Regulated Electric 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 Consumers Energy share cost in rupees?
One Consumers Energy share is $77.28 — about ₹7,487 at a USD/INR rate of 96.88 on 8 Oct 2026. Both the Consumers Energy 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 Consumers Energy 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 whole shares of Consumers Energy?
Yes. One Consumers Energy share is $77.28, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Consumers Energy.
How are gains on Consumers Energy 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 Consumers Energy price. Paasa issues a capital-gains statement for your return.
Does Consumers Energy pay a dividend, and how is it taxed in India?
Yes. Consumers Energy pays a dividend and the current yield is 5.82%; the last declared dividend was $4.50 per share, about ₹435.96. 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 Consumers Energy 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 Consumers Energy 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 Consumers Energy 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 Consumers Energy holding, its cost and its closing value.
How do I sell Consumers Energy 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.