Franklin Wireless Corp.
Franklin Wireless Corp. (NASDAQ: FKWL) is trading at $2.43, about ₹233 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 2.53% today. Indian residents can buy Franklin Wireless from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$2.39
Today's high
$2.47
52 week low
$2.21
52 week high
$5.48
FKWL opened at $2.39, closed previously at $2.37, and has traded between $2.21 and $5.48 over the past 52 weeks.
About
Franklin Wireless Corp. delivers sophisticated wireless connectivity solutions. Its product range features mobile hotspots, routers, trackers, and similar devices, all incorporating integrated hardware and software to facilitate machine-to-machine (M2M) communication and Internet of Things (IoT) applications. The company also offers specialized M2M and IoT systems, including embedded modules, modems, and gateways, engineered to provide robust connectivity for a diverse array of uses leveraging advanced 5G and 4G wireless technologies. Franklin Wireless distributes its products directly to telecommunication operators, as well as indirectly through its network of strategic partners and distributors, primarily serving regions in North America, the Caribbean, South America, and Asia. Established in 1981, the company's headquarters are located in San Diego, California.
Key statistics
Avg. volume
22.54K
Market cap
$28.64M
P/E Ratio
-40.98
Price-to-sales ratio
0.82
Enterprise value
$20.45M
Free cash flow yield
-12.40%
Debt-to-equity ratio
0.03
Return on equity
-2.10%
ROIC
-4.66%
Beta
0.31
Dividend yield
1.65%
Last dividend
$0.04
Financial overview
Revenue
$46.09M
Earnings per share
-$0.02
Free cash flow
$1.81M
Net profit margin
-2.07%
Gross margin
19.22%
EBITDA
$674.62K
Revenue growth
49.65%
Similar securities
This is not an investment recommendation
How to buy Franklin Wireless from India
Indian residents can buy Franklin Wireless 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 Wireless and place an order
Find Franklin Wireless by name or by its ticker, FKWL, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Franklin Wireless trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Franklin Wireless 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 Wireless from India
Trading and taxes when buying Franklin Wireless 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 Wireless’ current yield is 1.65%.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 Wireless stock?
Yes. Franklin Wireless (FKWL) has been listed on NASDAQ since 2007, in the Communication Equipment 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 Wireless share cost in rupees?
One Franklin Wireless share is $2.43 — about ₹233 at a USD/INR rate of 95.88 on 26 Sep 2026. Both the Franklin Wireless 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 Wireless 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 Wireless?
Yes. One Franklin Wireless share is $2.43, 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 Wireless.
How are gains on Franklin Wireless 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 Wireless price. Paasa issues a capital-gains statement for your return.
Does Franklin Wireless pay a dividend, and how is it taxed in India?
Yes. Franklin Wireless pays a dividend and the current yield is 1.65%; the last declared dividend was $0.04 per share, about ₹3.84. 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 Wireless 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 Wireless 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 Wireless 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 Wireless holding, its cost and its closing value.
How do I sell Franklin Wireless 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.