Destination XL Group, Inc.
Destination XL Group, Inc. (NASDAQ: DXLG) is trading at $0.50, about ₹48 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 4.00% today. Indian residents can buy Destination XL from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$0.48
Today's high
$0.54
52 week low
$0.44
52 week high
$1.58
DXLG opened at $0.52, closed previously at $0.52, and has traded between $0.44 and $1.58 over the past 52 weeks.
About
Destination XL Group, Inc., including its various subsidiaries, specializes in retailing apparel and footwear designed for big and tall men across both the United States and Canada. Their diverse product assortment encompasses sportswear, formal attire, and everyday casual wear. This includes essential items like jeans, casual trousers, t-shirts, polo shirts, dress shirts, and suit components. Furthermore, the company supplies tailored pieces such as blazers, formal trousers, dress shirts, and neckties, alongside vintage-themed graphic t-shirts and woven garments, often marketed under their proprietary brands. These products are sold under several recognized trade names, including Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, and Casual Male XL outlets. As of January 29, 2022, the company maintained a significant retail presence, operating 220 DXL retail locations, 16 DXL outlet stores, 35 Casual Male XL retail stores, and 19 Casual Male XL outlet stores. Beyond brick-and-mortar, it also reaches customers through its dxl.com e-commerce platform, m.destinationXL.com mobile site, and a dedicated mobile application. The corporation, initially incorporated in 1976 and headquartered in Canton, Massachusetts, adopted its current name, Destination XL Group, Inc., in February 2013, having previously operated as Casual Male Retail Group, Inc.
Key statistics
Avg. volume
94.81K
Market cap
$27.59M
P/E Ratio
-0.73
Price-to-sales ratio
0.06
Enterprise value
$217.37M
Free cash flow yield
-45.36%
Debt-to-equity ratio
1.98
Return on equity
-33.24%
ROIC
-3.83%
Beta
1.28
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$435.02M
Earnings per share
-$0.66
Free cash flow
$1.86M
Net profit margin
-8.77%
Gross margin
38.50%
EBITDA
-$2.02M
Revenue growth
-6.85%
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This is not an investment recommendation
How to buy Destination XL from India
Indian residents can buy Destination XL 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 Destination XL and place an order
Find Destination XL by name or by its ticker, DXLG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Destination XL trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Destination XL position in USD and INR. Destination XL 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 Destination XL from India
Trading and taxes when buying Destination XL 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
- NoneDestination XL does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Destination XL stock?
Yes. Destination XL (DXLG) has been listed on NASDAQ since 1987, in the Apparel - Retail 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 Destination XL share cost in rupees?
One Destination XL share is $0.50 — about ₹48 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Destination XL 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 Destination XL 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 Destination XL?
Yes. One Destination XL share is $0.50, 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 Destination XL.
How are gains on Destination XL 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 Destination XL price. Paasa issues a capital-gains statement for your return.
Does Destination XL pay a dividend?
No. Destination XL 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 Destination XL 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 Destination XL 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 Destination XL 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 Destination XL holding, its cost and its closing value.
How do I sell Destination XL 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.