Franco-Nevada Corporation
Franco-Nevada Corporation (NYSE: FNV) is trading at $238.11, about ₹22,859 at today's USD/INR rate, as of 30 Sep 2026, 4:00 PM ET, down 3.96% today. Indian residents can buy Franco-Nevada from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$220.16
Today's high
$258.52
52 week low
$181.50
52 week high
$285.67
FNV opened at $252.06, closed previously at $247.94, and has traded between $181.50 and $285.67 over the past 52 weeks.
About
Franco-Nevada Corporation operates as a royalty and stream company focused on precious metals in South America, Central America, Mexico, the United States, Canada, Australia, Europe, and Africa. It operates through Precious Metals, Other Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent. The company was founded in 1986 and is headquartered in Toronto, Canada.
Key statistics
Avg. volume
913.71K
Market cap
$45.92B
P/E Ratio
31.08
Price-to-sales ratio
19.82
Enterprise value
$39.52B
Free cash flow yield
3.73%
Debt-to-equity ratio
0.00
Return on equity
14.59%
ROIC
12.61%
Beta
0.96
Dividend yield
0.71%
Last dividend
$1.70
Financial overview
Revenue
$1.82B
Earnings per share
$5.87
Free cash flow
$1.49B
Net profit margin
63.79%
Gross margin
77.32%
EBITDA
$1.72B
Revenue growth
63.69%
Similar securities
This is not an investment recommendation
How to buy Franco-Nevada from India
Indian residents can buy Franco-Nevada 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 Franco-Nevada and place an order
Find Franco-Nevada by name or by its ticker, FNV, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Franco-Nevada trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Franco-Nevada 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 Franco-Nevada from India
Trading and taxes when buying Franco-Nevada 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. Franco-Nevada’s current yield is 0.71%.Dividend tax explained
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 Franco-Nevada stock?
Yes. Franco-Nevada (FNV) has been listed on the New York Stock Exchange since 2007, in the Gold 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 Franco-Nevada share cost in rupees?
One Franco-Nevada share is $238.11 — about ₹22,859 at a USD/INR rate of 96.00 on 30 Sep 2026. Both the Franco-Nevada 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 Franco-Nevada 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 Franco-Nevada with less than the price of one share?
Yes. A whole Franco-Nevada share is $238.11, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Franco-Nevada 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 Franco-Nevada price. Paasa issues a capital-gains statement for your return.
Does Franco-Nevada pay a dividend, and how is it taxed in India?
Yes. Franco-Nevada pays a dividend and the current yield is 0.71%; the last declared dividend was $1.70 per share, about ₹163.20. 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 Franco-Nevada 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 Franco-Nevada a United States company, and does that change how it is taxed?
Franco-Nevada trades on the New York Stock Exchange in US dollars, but the company is domiciled in Canada. Franco-Nevada trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Franco-Nevada 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 Franco-Nevada holding, its cost and its closing value.
How do I sell Franco-Nevada 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.