Flowserve Corporation
Flowserve Corporation (NYSE: FLS) is trading at $73.81, about ₹7,091 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.38% today. Indian residents can buy Flowserve from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$73.47
Today's high
$74.56
52 week low
$48.71
52 week high
$92.41
FLS opened at $73.92, closed previously at $74.09, and has traded between $48.71 and $92.41 over the past 52 weeks.
About
Flowserve Corporation is a global enterprise that specializes in the conception, creation, distribution, and upkeep of industrial equipment crucial for managing fluid movement. The company extends its reach across the United States, Europe, the Middle East, Africa, Asia, and other international markets. Its operations are structured into two principal divisions: the Flowserve Pump Division (FPD) and the Flow Control Division (FCD). The FPD segment provides a diverse range of pumping solutions, encompassing both custom-engineered and pre-configured pumps and systems, mechanical seals, auxiliary components, and essential replacement parts and upgrades. This division also delivers comprehensive post-sales support, including installation and initial setup, provision of seal system spare parts, repairs, advanced diagnostic services, performance re-rating and enhancement solutions, retrofit initiatives, precision machining, and asset management programs. A notable product from FPD is its gas-lubricated mechanical seal, specifically designed for high-speed compressors used in gas pipeline networks. The FCD segment concentrates on sophisticated valve and automation technologies for industrial applications. Its offerings include various isolation and control valves, actuation systems, and associated control equipment. Furthermore, FCD provides critical maintenance for flow control systems, such as advanced diagnostics, repair services, installation, commissioning, retrofitting programs, and field machining. The products within this segment are instrumental in accurately controlling, guiding, and regulating the flow of diverse liquids, gases, and other fluids. Flowserve primarily serves key sectors such as the oil and gas industry, chemical and pharmaceutical manufacturing, power generation, and water management. Additionally, the company caters to a broad spectrum of general industrial applications, including mining and ore processing, pulp and paper production, the food and beverage industry, and numerous smaller-scale uses. Products are disseminated through a multi-channel network involving direct sales teams, independent distributors, and dedicated sales representatives. Flowserve Corporation, founded in 1912, maintains its corporate headquarters in Irving, Texas.
Key statistics
Avg. volume
1.86M
Market cap
$9.46B
P/E Ratio
25.63
Price-to-sales ratio
2.04
Enterprise value
$10.02B
Free cash flow yield
4.82%
Debt-to-equity ratio
1.03
Return on equity
15.80%
ROIC
10.07%
Beta
1.26
Dividend yield
1.18%
Last dividend
$0.87
Financial overview
Revenue
$4.73B
Earnings per share
$2.66
Free cash flow
$434.96M
Net profit margin
8.01%
Gross margin
35.09%
EBITDA
$698.50M
Revenue growth
3.76%
Similar securities
This is not an investment recommendation
How to buy Flowserve from India
Indian residents can buy Flowserve 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 Flowserve and place an order
Find Flowserve by name or by its ticker, FLS, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Flowserve trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Flowserve 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 Flowserve from India
Trading and taxes when buying Flowserve 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. Flowserve’s current yield is 1.18%.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 Flowserve stock?
Yes. Flowserve (FLS) has been listed on the New York Stock Exchange 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 Flowserve share cost in rupees?
One Flowserve share is $73.81 — about ₹7,091 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Flowserve 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 Flowserve 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 Flowserve?
Yes. One Flowserve share is $73.81, 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 Flowserve.
How are gains on Flowserve 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 Flowserve price. Paasa issues a capital-gains statement for your return.
Does Flowserve pay a dividend, and how is it taxed in India?
Yes. Flowserve pays a dividend and the current yield is 1.18%; the last declared dividend was $0.87 per share, about ₹83.58. 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 Flowserve from India?
The New York 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 the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Flowserve 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 Flowserve 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 Flowserve holding, its cost and its closing value.
How do I sell Flowserve 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.