D2L Inc.
D2L Inc. (TSX: DTOL) is trading at CA$10.00, about ₹681 at today's CAD/INR rate, as of 25 Sep 2026, 3:59 PM ET, up 0.70% today. Indian residents can buy D2L from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$9.94
Today's high
CA$10.06
52 week low
CA$7.15
52 week high
CA$19.05
DTOL opened at CA$9.99, closed previously at CA$9.93, and has traded between CA$7.15 and CA$19.05 over the past 52 weeks.
About
D2L Inc. provides cloud-based learning software for higher education institutions, kindergarten to grade 12 schools and districts, and private sector enterprises in Canada, the United States, and internationally. The company provides personalized, flexible and modern learning experiences for people of all ages. It offers core cloud-based learning innovation platform, Brightspace, serves three distinct markets, such as kindergarten to grade 12 schools (K-12), higher education, and corporate markets. In addition, the company provides performance+, advanced analytics package, achievement+, and creator+ easy-to-use authoring tools; performance+ advanced analytics package, achievement+, which streamlines achievement reporting on learning outcomes reporting; and Course Merchant, a digital storefront that enables institutions to sell courses directly to learners. Further, it offers Lumi, a human-centered artificial intelligence; and D2L Link that enables seamless connections and streamlined automations with student information systems, customer information management systems, human resource systems and other systems. It sells its platform primarily through direct sales in North America, Europe, and Australia, as well as through direct and indirect channel partners. The company was founded in 1999 and is headquartered in Kitchener, Canada.
Key statistics
Avg. volume
30.57K
Market cap
CA$546.89M
P/E Ratio
244.50
Price-to-sales ratio
1.74
Enterprise value
$290.79M
Free cash flow yield
12.10%
Debt-to-equity ratio
0.15
Return on equity
2.01%
ROIC
3.81%
Beta
1.39
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
$221.76M
Earnings per share
$0.17
Free cash flow
$43.01M
Net profit margin
0.74%
Gross margin
68.14%
EBITDA
$19.04M
Revenue growth
8.03%
Similar securities
This is not an investment recommendation
How to buy D2L from India
Indian residents can buy D2L 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 CAD.
Search for D2L and place an order
Find D2L by name or by its ticker, DTOL, and choose an order type. D2L trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your D2L position in CAD and INR. D2L 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 D2L from India
Trading and taxes when buying D2L 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
- NoneD2L 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 D2L stock?
Yes. D2L (DTOL) has been listed on the Toronto Stock Exchange since 2021, 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 D2L share cost in rupees?
One D2L share is CA$10.00 — about ₹681 at a CAD/INR rate of 68.10 on 24 Sep 2026. Both the D2L 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 D2L 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 D2L 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 D2L price. Paasa issues a capital-gains statement for your return.
Does D2L pay a dividend?
No. D2L 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 D2L 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 D2L 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 D2L holding, its cost and its closing value.
How do I sell D2L 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 D2L?
Yes. D2L 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.