Paasa Logo
The Descartes Systems Group Inc. logo
DSGTSXMarket closedOpens 9:30am ET

The Descartes Systems Group Inc.

CA$111.70Last updated
+CA$0.61 (0.55%)Past day
Timezone

The Descartes Systems Group Inc. (TSX: DSG) is trading at CA$111.70, about ₹7,557 at today's CAD/INR rate, as of 28 Sep 2026, 4:00 PM ET, up 0.55% today. Indian residents can buy The Descartes Systems from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$110.35
Previous close:CA$111.09
Volume:308.61K

Today's low

CA$107.41

Today's high

CA$112.41

52 week low

CA$85.26

52 week high

CA$138.31

DSG opened at CA$110.35, closed previously at CA$111.09, and has traded between CA$85.26 and CA$138.31 over the past 52 weeks.

About

Descartes Systems Group Inc. provides cloud-hosted solutions specifically designed for managing logistics and supply chain operations. Its core mission is to enhance the productivity, overall performance, and security for businesses worldwide that operate with intensive logistics demands. The company's proprietary Logistics Technology platform offers a versatile collection of modular, cloud-based, and interoperable web and mobile applications for logistics oversight. This platform effectively connects a diverse community of logistics-focused stakeholders, enabling them to conduct business transactions effortlessly. Descartes' extensive suite of offerings includes tools for route optimization, mobile operations, and telematics; comprehensive transportation management and e-commerce integration; services for customs and regulatory compliance; global trade data insights; worldwide logistics network connectivity; and specialized enterprise systems for brokers and freight forwarders. Leveraging its flexible Software-as-a-Service (SaaS) and data-driven solutions, customers gain the ability to efficiently plan, schedule, monitor, and evaluate their delivery resources; orchestrate and execute shipments; process, audit, and settle transportation invoices; access and analyze global trade information; research and calculate trade tariffs and duties; file customs and security documentation for imports and exports; and manage a wide array of other logistics processes. Additionally, Descartes supplies cloud-based e-commerce warehouse management solutions, alongside a full range of consulting, implementation, and training services, as well as ongoing maintenance and support. The company primarily serves transportation and logistics service providers, distribution-intensive enterprises, manufacturers, retailers, distributors, and mobile business service providers. Founded in 1981, Descartes Systems Group Inc. is headquartered in Waterloo, Canada.

Country
CA
CEO
Edward J. Ryan
Exchange listed on
TSX
Industry
Software - Application
Base currency
CAD
Full Time Employees
2,384
Sector
Technology
IPO date
03/06/1998

Key statistics

Avg. volume

429.75K

Market cap

CA$9.57B

P/E Ratio

35.95

Price-to-sales ratio

8.70

Enterprise value

$6.35B

Free cash flow yield

4.43%

Debt-to-equity ratio

0.00

Return on equity

11.69%

ROIC

10.77%

Beta

0.20

Dividend yield

0.00%

Last dividend

CA$0.00

Financial overview

Revenue

$728.99M

Earnings per share

$1.91

Free cash flow

$265.61M

Net profit margin

24.25%

Gross margin

77.61%

EBITDA

$305.19M

Revenue growth

11.98%

Similar securities

This is not an investment recommendation

How to buy The Descartes Systems from India

Indian residents can buy The Descartes Systems 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.

  1. 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.

  2. 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 CAD.

  3. Search for The Descartes Systems and place an order

    Find The Descartes Systems by name or by its ticker, DSG, and choose an order type. The Descartes Systems trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your The Descartes Systems position in CAD and INR. The Descartes Systems 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 The Descartes Systems from India

Trading and taxes when buying The Descartes Systems 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
NoneThe Descartes Systems does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 The Descartes Systems stock?

Yes. The Descartes Systems (DSG) has been listed on the Toronto Stock Exchange since 1998, in the Software - Application 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one The Descartes Systems share cost in rupees?

One The Descartes Systems share is CA$111.70 — about ₹7,557 at a CAD/INR rate of 67.65 on 28 Sep 2026. Both the The Descartes Systems 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 The Descartes Systems 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 The Descartes Systems 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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the The Descartes Systems price. Paasa issues a capital-gains statement for your return.

Does The Descartes Systems pay a dividend?

No. The Descartes Systems 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 The Descartes Systems from India?

The Toronto 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 Canada is on standard time. Orders can only execute during that window.

Do I have to declare The Descartes Systems 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 The Descartes Systems holding, its cost and its closing value.

How do I sell The Descartes Systems and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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 The Descartes Systems?

Yes. The Descartes Systems is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.