Derwent London Plc
Derwent London Plc (LSE: DLN) is trading at £18.28, about ₹2,323 at today's GBP/INR rate, as of 30 Sep 2026, 8:35 AM ET, up 1.33% today. Indian residents can buy Derwent London from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£17.80
Today's high
£18.40
52 week low
£14.69
52 week high
£21.96
DLN opened at £17.80, closed previously at £18.04, and has traded between £14.69 and £21.96 over the past 52 weeks.
About
Derwent London Plc stands as the preeminent London-focused Real Estate Investment Trust (REIT), managing a substantial commercial property portfolio primarily within central London. Comprising 83 buildings, its holdings, including joint ventures, were valued at £5.4 billion as of June 30, 2020. The company's seasoned team demonstrates a proven ability to generate value throughout economic cycles. They achieve this by revitalizing properties through comprehensive development or refurbishment, astute asset management, and strategic capital reallocation. Derwent London typically seeks out central London properties through off-market channels in areas undergoing improvement, often in the West End or the burgeoning Tech Belt. These acquisitions usually involve lower initial capital costs and moderate rental income. Their approach to regeneration is distinct for each building, always prioritizing innovative design and anticipating future tenant requirements. Underpinning its sustained success is a robust financial position, characterized by a strong balance sheet, manageable debt levels, a consistent revenue stream, and adaptable financing options. Derwent London is also a leader in environmental stewardship. In October 2019, it made history as the first UK REIT to secure a Green Revolving Credit Facility, simultaneously launching its Green Finance Framework and committing to the Better Buildings Partnership's climate change pledge. As a member of RE100, the Group is dedicated to sourcing 100% renewable energy, a critical step towards achieving net-zero carbon operations. Notably, Derwent London is among a select few global property companies with carbon reduction targets validated by the Science Based Targets initiative (SBTi). Its extensive 5.6 million sq ft portfolio boasts iconic developments such as 80 Charlotte Street W1, the Brunel Building W2, White Collar Factory EC1, Angel Building EC1, 1-2 Stephen Street W1, Horseferry House SW1, and the Tea Building E1. The company received significant recognition in 2019, including being named EG Offices Company of the Year, securing the CoStar West End Deal of the Year for the Brunel Building, and earning the Westminster Business Council's Best Achievement in Sustainability award. It also topped the real estate sector and placed an impressive ninth overall in Management Today's 2019 'Britain's Most Admired Companies' awards. Since 2013, Derwent London has actively engaged with local communities through its voluntary Community Fund, which has supported over 100 projects in the West End and Tech Belt areas to date. The company is a UK-incorporated public limited company, listed on the London Stock Exchange, with its registered office located at 25 Savile Row, London.
Key statistics
Avg. volume
315.81K
Market cap
£2.02B
P/E Ratio
43.52
Price-to-sales ratio
5.04
Enterprise value
£3.39B
Free cash flow yield
11.17%
Debt-to-equity ratio
0.41
Return on equity
4.46%
ROIC
3.00%
Beta
1.19
Dividend yield
4.49%
Last dividend
£0.82
Financial overview
Revenue
£388.70M
Earnings per share
£1.44
Free cash flow
£218.00M
Net profit margin
11.97%
Gross margin
49.49%
EBITDA
£212.80M
Revenue growth
43.06%
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This is not an investment recommendation
How to buy Derwent London from India
Indian residents can buy Derwent London 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 Derwent London and place an order
Find Derwent London by name or by its ticker, DLN, and choose an order type. Derwent London trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Derwent London 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 Derwent London from India
Trading and taxes when buying Derwent London 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. Derwent London’s current yield is 4.49%.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 Derwent London stock?
Yes. Derwent London (DLN) has been listed on the London Stock Exchange since 1988, in the REIT - Office 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 Derwent London share cost in rupees?
One Derwent London share is £18.28 — about ₹2,323 at a GBP/INR rate of 127.06 on 29 Sep 2026. Both the Derwent London 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 Derwent London 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 Derwent London 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 Derwent London price. Paasa issues a capital-gains statement for your return.
Does Derwent London pay a dividend, and how is it taxed in India?
Yes. Derwent London pays a dividend and the current yield is 4.49%; the last declared dividend was £0.82 per share, about ₹104.19. 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 Derwent London 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 Derwent London 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 Derwent London?
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 Derwent London 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 Derwent London holding, its cost and its closing value.
How do I sell Derwent London 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.