Cancom SE
Cancom SE (XETRA: COK) is trading at €22.55, about ₹2,466 at today's EUR/INR rate, as of 25 Sep 2026, 11:35 AM ET, up 1.81% today. Indian residents can buy Cancom from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€22.30
Today's high
€23.30
52 week low
€20.05
52 week high
€29.45
COK opened at €23.15, closed previously at €22.15, and has traded between €20.05 and €29.45 over the past 52 weeks.
About
Operating from its Munich, Germany headquarters, Cancom SE and its affiliated companies deliver comprehensive information technology (IT) infrastructure and a broad spectrum of services to clients both in Germany and internationally. The company organizes its operations into two core segments: Cloud Solutions and IT Solutions. The Cloud Solutions division specializes in providing managed cloud and shared services, encompassing project-specific cloud hardware, software, and associated offerings. Conversely, the IT Solutions segment focuses on a wide range of services related to IT infrastructure and applications. These services include strategic IT consulting, detailed project planning and implementation, seamless system integration, and efficient IT procurement via e-procurement platforms, alongside ongoing professional IT services and comprehensive support. Cancom also offers its proprietary AHP Enterprise Cloud, a multi-cloud management software, and extends its expertise to cloud computing, mobile solutions, the Internet of Things (IoT), data analytics, and robust IT security services. Its diverse clientele spans commercial entities, from small and medium-sized enterprises (SMEs) to large corporations, as well as various public sector organizations. The company was founded in 1992.
Key statistics
Avg. volume
77.16K
Market cap
€648.08M
P/E Ratio
18.64
Price-to-sales ratio
0.38
Enterprise value
€853.14M
Free cash flow yield
1.66%
Debt-to-equity ratio
0.47
Return on equity
7.07%
ROIC
4.91%
Beta
1.04
Dividend yield
4.43%
Last dividend
€1.00
Financial overview
Revenue
€1.71B
Earnings per share
€0.92
Free cash flow
€122.49M
Net profit margin
2.21%
Gross margin
8.34%
EBITDA
€91.66M
Revenue growth
-1.40%
Similar securities
This is not an investment recommendation
How to buy Cancom from India
Indian residents can buy Cancom 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 Cancom and place an order
Find Cancom by name or by its ticker, COK, and choose an order type. Cancom trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Cancom 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 Cancom from India
Trading and taxes when buying Cancom 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. Cancom’s current yield is 4.43%.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 Cancom stock?
Yes. Cancom (COK) has been listed on XETRA since 1999, in the Information Technology 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Cancom share cost in rupees?
One Cancom share is €22.55 — about ₹2,466 at an EUR/INR rate of 109.37 on 25 Sep 2026. Both the Cancom 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 Cancom 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 Cancom 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 Cancom price. Paasa issues a capital-gains statement for your return.
Does Cancom pay a dividend, and how is it taxed in India?
Yes. Cancom pays a dividend and the current yield is 4.43%; the last declared dividend was €1.00 per share, about ₹109.37. 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 Cancom from India?
XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
Do I have to declare Cancom 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 Cancom holding, its cost and its closing value.
How do I sell Cancom 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 Cancom?
Yes. Cancom 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.