Firm Capital Mortgage Investment Corporation
Firm Capital Mortgage Investment Corporation (TSX: FC) is trading at CA$11.41, about ₹772 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.42% today. Indian residents can buy Firm Capital Mortgage Investment from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$11.38
Today's high
CA$11.46
52 week low
CA$11.37
52 week high
CA$12.46
FC opened at CA$11.46, closed previously at CA$11.36, and has traded between CA$11.37 and CA$12.46 over the past 52 weeks.
About
Firm Capital Mortgage Investment Corporation, operating through its mortgage banker Firm Capital Corporation, offers a comprehensive range of real estate financing solutions throughout Canada. Their services cater to both residential and commercial properties, encompassing conventional loans and short-term bridge financing. The company's primary activities include the origination, funding, acquisition, and management of various mortgage investments. Beyond these core functions, Firm Capital provides an array of mortgage-related services, such as specialized real estate investment financing, capital market solutions, and dedicated loan servicing and advisory support. Their extensive lending programs feature construction and development loans, financing for investment properties, diverse short-term and bridge capital, mezzanine and equity investments, and capital market facilities. They also extend financing for residential and non-conventional housing, condominium capital improvements, and unique special situation loans. Additionally, the corporation delivers various related investment services. Established in 1988, Firm Capital Mortgage Investment Corporation is headquartered in Toronto, Canada.
Key statistics
Avg. volume
59.08K
Market cap
CA$419.19M
P/E Ratio
11.89
Price-to-sales ratio
6.85
Enterprise value
CA$577.14M
Free cash flow yield
10.98%
Debt-to-equity ratio
0.34
Return on equity
8.81%
ROIC
10.36%
Beta
0.80
Dividend yield
8.94%
Last dividend
CA$1.02
Financial overview
Revenue
CA$66.72M
Earnings per share
CA$1.02
Free cash flow
CA$47.26M
Net profit margin
57.32%
Gross margin
92.69%
EBITDA
CA$49.91M
Revenue growth
-2.78%
Similar securities
This is not an investment recommendation
How to buy Firm Capital Mortgage Investment from India
Indian residents can buy Firm Capital Mortgage Investment 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 Firm Capital Mortgage Investment and place an order
Find Firm Capital Mortgage Investment by name or by its ticker, FC, and choose an order type. Firm Capital Mortgage Investment trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Firm Capital Mortgage Investment 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 Firm Capital Mortgage Investment from India
Trading and taxes when buying Firm Capital Mortgage Investment 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. Firm Capital Mortgage Investment’s current yield is 8.94%.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 Firm Capital Mortgage Investment stock?
Yes. Firm Capital Mortgage Investment (FC) has been listed on the Toronto Stock Exchange since 2003, in the Financial - Mortgages 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 Firm Capital Mortgage Investment share cost in rupees?
One Firm Capital Mortgage Investment share is CA$11.41 — about ₹772 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Firm Capital Mortgage Investment 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 Firm Capital Mortgage Investment 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 Firm Capital Mortgage Investment 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 Firm Capital Mortgage Investment price. Paasa issues a capital-gains statement for your return.
Does Firm Capital Mortgage Investment pay a dividend, and how is it taxed in India?
Yes. Firm Capital Mortgage Investment pays a dividend and the current yield is 8.94%; the last declared dividend was CA$1.02 per share, about ₹69.00. 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 Firm Capital Mortgage Investment 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 Firm Capital Mortgage Investment 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 Firm Capital Mortgage Investment holding, its cost and its closing value.
How do I sell Firm Capital Mortgage Investment 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 Firm Capital Mortgage Investment?
Yes. Firm Capital Mortgage Investment 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.