Ernst Russ AG
Ernst Russ AG (XETRA: ERAG) is trading at €10.20, about ₹1,111 at today's EUR/INR rate, as of 30 Sep 2026, 3:14 AM ET, down 1.92% today. Indian residents can buy Ernst Russ from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€10.20
Today's high
€10.60
52 week low
€6.42
52 week high
€10.85
ERAG opened at €10.60, closed previously at €10.40, and has traded between €6.42 and €10.85 over the past 52 weeks.
About
Ernst Russ AG is a publicly listed asset manager that strategically allocates capital across a diverse range of investment classes. Its primary areas of focus include maritime shipping, various alternative investments, real estate, private equity, and renewable energy projects. Within its maritime portfolio, the firm engages in fractional ownership of vessels, invests in dedicated ship participation funds, and holds dormant investments that carry conversion options. For its real estate endeavors, Ernst Russ AG primarily targets closed-ended property investment funds, in addition to making broader direct real estate investments. In the private equity sector, it channels capital into both private equity and venture capital funds. Founded in 1985 and headquartered in Hamburg, Germany, Ernst Russ AG was formerly known as HCI Capital AG.
Key statistics
Avg. volume
11.35K
Market cap
€343.63M
P/E Ratio
5.80
Price-to-sales ratio
2.12
Enterprise value
€121.99M
Free cash flow yield
19.07%
Debt-to-equity ratio
0.01
Return on equity
29.60%
ROIC
12.14%
Beta
1.30
Dividend yield
2.45%
Last dividend
€0.25
Financial overview
Revenue
€163.08M
Earnings per share
€2.18
Free cash flow
€44.71M
Net profit margin
36.23%
Gross margin
29.75%
EBITDA
€126.67M
Revenue growth
-5.58%
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This is not an investment recommendation
How to buy Ernst Russ from India
Indian residents can buy Ernst Russ 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 EUR.
Search for Ernst Russ and place an order
Find Ernst Russ by name or by its ticker, ERAG, and choose an order type. Ernst Russ trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ernst Russ position in EUR 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 Ernst Russ from India
Trading and taxes when buying Ernst Russ from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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. Ernst Russ’ current yield is 2.45%.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 Ernst Russ stock?
Yes. Ernst Russ (ERAG) has been listed on XETRA since 2005, in the Marine Shipping 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Ernst Russ share cost in rupees?
One Ernst Russ share is €10.20 — about ₹1,111 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Ernst Russ 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 Ernst Russ 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 Ernst Russ 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Ernst Russ price. Paasa issues a capital-gains statement for your return.
Does Ernst Russ pay a dividend, and how is it taxed in India?
Yes. Ernst Russ pays a dividend and the current yield is 2.45%; the last declared dividend was €0.25 per share, about ₹27.23. 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 Ernst Russ from India?
XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
Do I have to declare Ernst Russ 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 Ernst Russ holding, its cost and its closing value.
How do I sell Ernst Russ and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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 Ernst Russ?
Yes. Ernst Russ is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.