Franklin Electric Co., Inc.
Franklin Electric Co., Inc. (NASDAQ: FELE) is trading at $97.07, about ₹9,311 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.24% today. Indian residents can buy Franklin Electric from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$96.82
Today's high
$98.17
52 week low
$89.54
52 week high
$115.82
FELE opened at $97.20, closed previously at $96.84, and has traded between $89.54 and $115.82 over the past 52 weeks.
About
Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Water Systems, Energy Systems, and Distribution segments. The Water Systems segment offers motors, pumps, water treatment systems, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater in a range of residential, agricultural, municipal, and industrial applications; and electronic drives and controls for the motors, which control functionality and provide protection from various hazards, such as electrical surges, over-heating, and dry wells or dry tanks. Its Energy Systems segment produces and markets pumps, motors, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in energy system applications; and components between the tanks and the dispensers, including submersible pumps, station hardware, piping, and corrosion control systems. This segment serves other energy markets, such as power reliability systems, including intelligent electronic devices that are designed for online monitoring for the power utility, hydroelectric, rail, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells its products to wholesale and retail distributors, specialty distributors, and industrial and petroleum equipment distributors, as well as to oil and utility companies, and original equipment manufacturers. The company was founded in 1944 and is headquartered in Fort Wayne, Indiana.
Key statistics
Avg. volume
286.42K
Market cap
$4.29B
P/E Ratio
27.73
Price-to-sales ratio
1.94
Enterprise value
$4.50B
Free cash flow yield
5.09%
Debt-to-equity ratio
0.22
Return on equity
11.59%
ROIC
11.84%
Beta
1.02
Dividend yield
1.14%
Last dividend
$1.11
Financial overview
Revenue
$2.13B
Earnings per share
$3.26
Free cash flow
$193.54M
Net profit margin
7.06%
Gross margin
35.52%
EBITDA
$268.17M
Revenue growth
5.44%
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This is not an investment recommendation
How to buy Franklin Electric from India
Indian residents can buy Franklin Electric 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 Franklin Electric and place an order
Find Franklin Electric by name or by its ticker, FELE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Franklin Electric trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Franklin Electric 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 Franklin Electric from India
Trading and taxes when buying Franklin Electric 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. Franklin Electric’s current yield is 1.14%.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 Franklin Electric stock?
Yes. Franklin Electric (FELE) has been listed on NASDAQ since 1980, in the Industrial - Machinery 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 Franklin Electric share cost in rupees?
One Franklin Electric share is $97.07 — about ₹9,311 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Franklin Electric 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 Franklin Electric 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 Franklin Electric?
Yes. One Franklin Electric share is $97.07, 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 Franklin Electric.
How are gains on Franklin Electric 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 Franklin Electric price. Paasa issues a capital-gains statement for your return.
Does Franklin Electric pay a dividend, and how is it taxed in India?
Yes. Franklin Electric pays a dividend and the current yield is 1.14%; the last declared dividend was $1.11 per share, about ₹105.99. 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 Franklin Electric 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 Franklin Electric 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 Franklin Electric 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 Franklin Electric holding, its cost and its closing value.
How do I sell Franklin Electric 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.