Exchange Income Corporation
Exchange Income Corporation (TSX: EIF) is trading at CA$125.30, about ₹8,476 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 1.59% today. Indian residents can buy Exchange Income from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$122.19
Today's high
CA$125.38
52 week low
CA$72.15
52 week high
CA$136.75
EIF opened at CA$124.09, closed previously at CA$123.34, and has traded between CA$72.15 and CA$136.75 over the past 52 weeks.
About
Exchange Income Corporation (EIF) is a global enterprise operating in two distinct sectors: aerospace and aviation, and manufacturing. Its Aerospace & Aviation division delivers a comprehensive range of services, including regular passenger flights, freight transport, chartered operations, and critical emergency medical evacuations to numerous communities across Canadian regions such as Manitoba, Ontario, Nunavut, British Columbia, Alberta, Newfoundland and Labrador, Quebec, New Brunswick, and Nova Scotia. Additionally, it supplies after-market parts for aircraft, engines, and various components to regional airline operators. The company also specializes in the engineering, adaptation, maintenance, and operation of aircraft fitted with bespoke sensor technology, which it utilizes for maritime surveillance and support services in Canada, the Caribbean, and the Middle East. Furthermore, the segment delivers pilot flight instruction. The Manufacturing division produces a diverse array of specialized items, including window wall systems predominantly for high-rise multi-unit residential developments; stainless steel tanks, vessels, and processing machinery; robust pressure washing and steam systems, commercial water recycling solutions, and custom-engineered tanks for transporting diverse products, particularly oil, gasoline, and water; and precision components serving industries like aerospace, defense, healthcare, and security. It also acts as an integrator for electrical and control systems, with a focus on agricultural material handling, and manufactures precise sheet metal and tubular products. Moreover, this division is involved in the engineering, design, fabrication, and installation of communication infrastructure, alongside offering construction and upkeep services for wireless and wireline networks, and providing general technical support. The corporation's headquarters are situated in Winnipeg, Canada.
Key statistics
Avg. volume
153.31K
Market cap
CA$7.06B
P/E Ratio
33.24
Price-to-sales ratio
1.90
Enterprise value
CA$6.57B
Free cash flow yield
-1.88%
Debt-to-equity ratio
1.42
Return on equity
9.53%
ROIC
6.01%
Beta
0.90
Dividend yield
2.21%
Last dividend
CA$2.77
Financial overview
Revenue
CA$3.28B
Earnings per share
CA$3.20
Free cash flow
-CA$80.36M
Net profit margin
5.53%
Gross margin
24.58%
EBITDA
CA$744.67M
Revenue growth
23.22%
Similar securities
This is not an investment recommendation
How to buy Exchange Income from India
Indian residents can buy Exchange Income 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 Exchange Income and place an order
Find Exchange Income by name or by its ticker, EIF, and choose an order type. Exchange Income trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Exchange Income position in CAD 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 Exchange Income from India
Trading and taxes when buying Exchange Income 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. Exchange Income’s current yield is 2.21%.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 Exchange Income stock?
Yes. Exchange Income (EIF) has been listed on the Toronto Stock Exchange since 2004, in the Airlines, Airports & Air Services 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 Exchange Income share cost in rupees?
One Exchange Income share is CA$125.30 — about ₹8,476 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Exchange Income 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 Exchange Income 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 Exchange Income 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 Exchange Income price. Paasa issues a capital-gains statement for your return.
Does Exchange Income pay a dividend, and how is it taxed in India?
Yes. Exchange Income pays a dividend and the current yield is 2.21%; the last declared dividend was CA$2.77 per share, about ₹187.38. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Exchange Income 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 Exchange Income 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 Exchange Income holding, its cost and its closing value.
How do I sell Exchange Income 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 Exchange Income?
Yes. Exchange Income 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.