Leonardo DRS, Inc.
Leonardo DRS, Inc. (NASDAQ: DRS) is trading at $37.16, about ₹3,568 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 1.14% today. Indian residents can buy Leonardo DRS from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$36.89
Today's high
$37.62
52 week low
$32.43
52 week high
$50.59
DRS opened at $37.50, closed previously at $37.59, and has traded between $32.43 and $50.59 over the past 52 weeks.
About
Established in Arlington, Virginia, in 1969, Leonardo DRS, Inc. is a leading supplier of advanced defense products and technologies. The company's diverse portfolio addresses military requirements across various environments, including land, air, sea, space, and cybersecurity, with additional applications in the commercial sector. Its operations are organized into two primary divisions: Advanced Sensing and Computing, and Integrated Mission Systems. DRS provides sophisticated sensing solutions, such as infrared systems for threat identification and improving situational awareness, alongside uncooled infrared technologies and systems designed to mitigate brownout conditions. Their electronic warfare (EW) capabilities encompass airborne, vehicle-mounted, and soldier-borne systems, supported by specialized EW software, training tools, and intelligence services. Furthermore, Leonardo DRS develops essential computing systems for military platforms like ground vehicles, ships, and submarines. These offerings include robust network and data distribution applications, integrated sensor systems, and resilient networked computing infrastructure. The company also specializes in force protection, delivering solutions for counter-unmanned aerial systems (C-UAS), short-range air defense, and active protection systems. Additionally, DRS is a key provider of power management and propulsion technologies, offering systems for power control, distribution, conversion, and propulsion—including hybrid electric drive systems, energy storage solutions, gas turbine packages, nuclear instrumentation and controls, and thermal management and refrigeration equipment. Leonardo DRS serves a broad client base, which includes the U.S. military, major aerospace and defense contractors, government intelligence agencies, and international armed forces.
Key statistics
Avg. volume
983.55K
Market cap
$9.92B
P/E Ratio
30.97
Price-to-sales ratio
2.62
Enterprise value
$9.91B
Free cash flow yield
3.66%
Debt-to-equity ratio
0.10
Return on equity
11.76%
ROIC
10.41%
Beta
0.18
Dividend yield
0.97%
Last dividend
$0.36
Financial overview
Revenue
$3.65B
Earnings per share
$1.05
Free cash flow
$227.00M
Net profit margin
8.52%
Gross margin
24.87%
EBITDA
$437.00M
Revenue growth
12.80%
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This is not an investment recommendation
How to buy Leonardo DRS from India
Indian residents can buy Leonardo DRS 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 Leonardo DRS and place an order
Find Leonardo DRS by name or by its ticker, DRS, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Leonardo DRS trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Leonardo DRS position in USD 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 Leonardo DRS from India
Trading and taxes when buying Leonardo DRS 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. Leonardo DRS’ current yield is 0.97%.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 Leonardo DRS stock?
Yes. Leonardo DRS (DRS) has been listed on NASDAQ since 1985, 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 Leonardo DRS share cost in rupees?
One Leonardo DRS share is $37.16 — about ₹3,568 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Leonardo DRS 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 Leonardo DRS 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 Leonardo DRS?
Yes. One Leonardo DRS share is $37.16, 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 Leonardo DRS.
How are gains on Leonardo DRS 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 Leonardo DRS price. Paasa issues a capital-gains statement for your return.
Does Leonardo DRS pay a dividend, and how is it taxed in India?
Yes. Leonardo DRS pays a dividend and the current yield is 0.97%; the last declared dividend was $0.36 per share, about ₹34.57. 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 Leonardo DRS 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 Leonardo DRS 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 Leonardo DRS 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 Leonardo DRS holding, its cost and its closing value.
How do I sell Leonardo DRS 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.