Coda Octopus Group, Inc.
Coda Octopus Group, Inc. (NASDAQ: CODA) is trading at $10.78, about ₹1,035 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.65% today. Indian residents can buy Coda Octopus from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$10.68
Today's high
$10.87
52 week low
$7.80
52 week high
$17.28
CODA opened at $10.76, closed previously at $10.71, and has traded between $7.80 and $17.28 over the past 52 weeks.
About
Coda Octopus Group, Inc., alongside its subsidiary entities, specializes in the design and distribution of advanced underwater technologies and specialized equipment. These innovations serve critical applications such as 3D imaging, detailed mapping, defense operations, and comprehensive survey work, with a global presence spanning the Americas, Europe, Australia, Asia, the Middle East, and Africa. The company's operations are divided into two key divisions: the Marine Engineering Business and the Marine Technology Business. Their comprehensive suite of solutions addresses the unique demands of subsea and underwater environments. Key product offerings include sophisticated geophysical systems, encompassing software for data acquisition, processing, and analysis, primarily utilized by survey firms, offshore renewable energy developers, research institutions, and salvage companies. They also provide GNSS-aided navigation systems, as well as the Echoscope and Echoscope PIPE, specifically engineered for real-time monitoring of subsea cable installations for offshore wind projects. Furthermore, their portfolio features a diver augmented vision display system. Under the CodaOctopus GeoSurvey brand, the company delivers hardware and software for the in-field acquisition of data from sidescan sonar and sub-bottom profilers. Additionally, the CodaOctopus DA4G productivity suite offers software solutions that automate the analysis, annotation, and mosaicing of intricate datasets. Established in 1994, Coda Octopus Group, Inc. maintains its corporate headquarters in Orlando, Florida, and markets all its products under the distinguished CodaOctopus brand.
Key statistics
Avg. volume
124.34K
Market cap
$121.61M
P/E Ratio
24.30
Price-to-sales ratio
4.25
Enterprise value
$118.56M
Free cash flow yield
4.90%
Debt-to-equity ratio
0.01
Return on equity
8.32%
ROIC
7.73%
Beta
0.60
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$26.56M
Earnings per share
$0.37
Free cash flow
$6.04M
Net profit margin
17.63%
Gross margin
66.11%
EBITDA
$6.90M
Revenue growth
30.75%
Similar securities
This is not an investment recommendation
How to buy Coda Octopus from India
Indian residents can buy Coda Octopus 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 Coda Octopus and place an order
Find Coda Octopus by name or by its ticker, CODA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Coda Octopus trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Coda Octopus position in USD and INR. Coda Octopus pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Coda Octopus from India
Trading and taxes when buying Coda Octopus 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
- NoneCoda Octopus does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Coda Octopus stock?
Yes. Coda Octopus (CODA) has been listed on NASDAQ since 2001, in the Aerospace & Defense 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 Coda Octopus share cost in rupees?
One Coda Octopus share is $10.78 — about ₹1,035 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Coda Octopus 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 Coda Octopus 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 Coda Octopus?
Yes. One Coda Octopus share is $10.78, 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 Coda Octopus.
How are gains on Coda Octopus 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 Coda Octopus price. Paasa issues a capital-gains statement for your return.
Does Coda Octopus pay a dividend?
No. Coda Octopus does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Coda Octopus from India?
NASDAQ 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 Coda Octopus 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 Coda Octopus 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 Coda Octopus holding, its cost and its closing value.
How do I sell Coda Octopus 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.