The Eastern Company
The Eastern Company (NASDAQ: EML) is trading at $24.10, about ₹2,311 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 2.02% today. Indian residents can buy The Eastern from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.00
Today's high
$24.85
52 week low
$17.61
52 week high
$29.91
EML opened at $24.57, closed previously at $24.60, and has traded between $17.61 and $29.91 over the past 52 weeks.
About
The Eastern Company designs, manufactures, and sells engineered solutions to industrial markets in the United States and North America. The company offers turnkey returnable packaging solutions, which are used in the assembly processes of vehicles, aircraft, and durable goods, as well as in production processes of plastic packaging products, packaged consumer goods, and pharmaceuticals; injection blow mold tooling products; design, develops, and manufactures 2-step stretch blow molds, and related components for the stretch blow molding industry; and supplies blow molds and change parts to the food, beverage, healthcare, and chemical industries. It also provides rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles; and development and program management services for custom electromechanical and mechanical systems for original equipment manufacturers (OEM) and customer applications. In addition, the company designs and manufactures proprietary vision technology for OEMs and aftermarket applications, as well as offers aftermarket components to the heavy- and medium-duty truck, motorhome, and bus markets. The Eastern Company was founded in 1858 and is based in Shelton, Connecticut.
Key statistics
Avg. volume
26.21K
Market cap
$145.34M
P/E Ratio
18.05
Price-to-sales ratio
0.62
Enterprise value
$191.76M
Free cash flow yield
10.42%
Debt-to-equity ratio
0.47
Return on equity
6.39%
ROIC
2.13%
Beta
0.86
Dividend yield
1.83%
Last dividend
$0.44
Financial overview
Revenue
$248.97M
Earnings per share
$0.84
Free cash flow
$4.90M
Net profit margin
3.43%
Gross margin
20.91%
EBITDA
$13.86M
Revenue growth
-8.72%
Similar securities
This is not an investment recommendation
How to buy The Eastern from India
Indian residents can buy The Eastern 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 The Eastern and place an order
Find The Eastern by name or by its ticker, EML, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. The Eastern trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your The Eastern position in USD 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 The Eastern from India
Trading and taxes when buying The Eastern 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. The Eastern’s current yield is 1.83%.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 The Eastern stock?
Yes. The Eastern (EML) has been listed on NASDAQ since 1980, in the Manufacturing - Tools & Accessories 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 Eastern share cost in rupees?
One The Eastern share is $24.10 — about ₹2,311 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the The Eastern 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 Eastern 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 Eastern?
Yes. One The Eastern share is $24.10, 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 Eastern.
How are gains on The Eastern 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 Eastern price. Paasa issues a capital-gains statement for your return.
Does The Eastern pay a dividend, and how is it taxed in India?
Yes. The Eastern pays a dividend and the current yield is 1.83%; the last declared dividend was $0.44 per share, about ₹42.19. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade The Eastern 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 The Eastern 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 The Eastern 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 Eastern holding, its cost and its closing value.
How do I sell The Eastern 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.