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DSGXNASDAQMarket openCloses 4:00pm ET

The Descartes Systems Group Inc.

$78.41Last updated
-$0.44 (0.56%)Past day
Timezone

The Descartes Systems Group Inc. (NASDAQ: DSGX) is trading at $78.41, about ₹7,533 at today's USD/INR rate, as of 29 Sep 2026, 2:42 PM ET, down 0.56% today. Indian residents can buy The Descartes Systems from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$78.76
Previous close:$78.85
Volume:197.75K

Today's low

$77.56

Today's high

$78.94

52 week low

$62.56

52 week high

$98.35

DSGX opened at $78.76, closed previously at $78.85, and has traded between $62.56 and $98.35 over the past 52 weeks.

About

The Descartes Systems Group Inc. (DSGX) offers comprehensive, cloud-native solutions designed to optimize business processes within the logistics and supply chain sectors. The primary objective is to significantly elevate the efficiency, operational excellence, and security posture for enterprises worldwide that heavily rely on robust logistics. At its core, the company offers a proprietary "Logistics Technology" platform. This platform provides a versatile array of modular, interconnected web and mobile applications, all accessible via the cloud, which collectively foster a collaborative ecosystem where various logistics stakeholders can seamlessly conduct transactions and manage operations. Descartes' extensive portfolio encompasses specialized solutions for route optimization, mobile workforce management, and telematics; comprehensive transportation management and e-commerce integration; customs and regulatory adherence; global trade data intelligence; logistics network facilitation; and specialized enterprise systems tailored for brokers and freight forwarders. Clients harness these adaptable Software-as-a-Service (SaaS) and data-driven offerings to meticulously plan and execute deliveries—including scheduling, tracking, and performance measurement. They can also streamline shipment planning, allocation, and execution; manage the financial aspects of transportation such as rating, auditing, and invoice payments; delve into global trade data for analysis; accurately calculate trade tariffs and duties; and efficiently complete customs and security documentation for international trade, among numerous other critical logistical functions. Additionally, Descartes provides cloud-based warehouse management solutions specifically tailored for e-commerce, complemented by expert consulting, seamless implementation, and thorough training, alongside ongoing maintenance and support. Its diverse client base includes transportation firms, third-party logistics providers, distribution-heavy corporations, manufacturers, retailers, distributors, and mobile service providers. Founded in 1981, The Descartes Systems Group Inc. maintains its head office in Waterloo, Canada.

Country
CA
CEO
Edward J. Ryan
Exchange listed on
NASDAQ
Industry
Software - Application
Base currency
USD
Full Time Employees
2,403
Sector
Technology
IPO date
27/01/1999

Key statistics

Avg. volume

596.46K

Market cap

$6.72B

P/E Ratio

35.84

Price-to-sales ratio

8.68

Enterprise value

$6.33B

Free cash flow yield

4.45%

Debt-to-equity ratio

0.00

Return on equity

11.69%

ROIC

10.77%

Beta

0.19

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$728.99M

Earnings per share

$1.95

Free cash flow

$266.19M

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.

  3. Search for The Descartes Systems and place an order

    Find The Descartes Systems by name or by its ticker, DSGX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. 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 USD 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 LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy The Descartes Systems stock?

Yes. The Descartes Systems (DSGX) has been listed on NASDAQ since 1999, 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. 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 The Descartes Systems share cost in rupees?

One The Descartes Systems share is $78.41 — about ₹7,533 at a USD/INR rate of 96.07 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.

Can I buy whole shares of The Descartes Systems?

Yes. One The Descartes Systems share is $78.41, 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 The Descartes Systems.

How are gains on The Descartes Systems 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 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?

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 The Descartes Systems a United States company, and does that change how it is taxed?

The Descartes Systems trades on NASDAQ in US dollars, but the company is domiciled in Canada. The Descartes Systems trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.

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 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.