Fresnillo plc
Fresnillo plc (LSE: FRES) is trading at £27.43, about ₹3,495 at today's GBP/INR rate, as of 28 Sep 2026, 11:35 AM ET, down 5.09% today. Indian residents can buy Fresnillo from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£26.85
Today's high
£28.23
52 week low
£20.00
52 week high
£44.72
FRES opened at £28.22, closed previously at £28.90, and has traded between £20.00 and £44.72 over the past 52 weeks.
About
Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Zacatecas; Ciénega silver-gold mine located in the state of Durango; Herradura gold mine situated in the state of Sonora; Noche Buena gold mine located in the state of Sonora; San Julián silver-gold mine situated on the border of Chihuahua/Durango states; and Juanicipio silver mine located in the state of Zacatecas. The company also leases mining equipment; produces gold/silver doré bars; and provides administrative services. Fresnillo plc was founded in 1887 and is headquartered in Mexico City, Mexico. Fresnillo plc operates as a subsidiary of Industrias Peñoles, S.A.B. de C.V.
Key statistics
Avg. volume
1.09M
Market cap
£20.21B
P/E Ratio
11.79
Price-to-sales ratio
4.44
Enterprise value
$25.09B
Free cash flow yield
8.59%
Debt-to-equity ratio
0.17
Return on equity
46.50%
ROIC
37.11%
Beta
0.77
Dividend yield
4.07%
Last dividend
£1.12
Financial overview
Revenue
$4.61B
Earnings per share
$1.92
Free cash flow
$1.98B
Net profit margin
37.72%
Gross margin
62.96%
EBITDA
$2.80B
Revenue growth
31.78%
Similar securities
This is not an investment recommendation
How to buy Fresnillo from India
Indian residents can buy Fresnillo 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 GBP.
Search for Fresnillo and place an order
Find Fresnillo by name or by its ticker, FRES, and choose an order type. Fresnillo trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Fresnillo position in GBP 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 Fresnillo from India
Trading and taxes when buying Fresnillo from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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. Fresnillo’s current yield is 4.07%.Dividend tax explained
- Transaction tax
- The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Fresnillo stock?
Yes. Fresnillo (FRES) has been listed on the London Stock Exchange since 2008, in the Other Precious Metals 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 GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Fresnillo share cost in rupees?
One Fresnillo share is £27.43 — about ₹3,495 at a GBP/INR rate of 127.41 on 28 Sep 2026. Both the Fresnillo 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 Fresnillo 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 Fresnillo shares taxed in India?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares, 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 GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Fresnillo price. Paasa issues a capital-gains statement for your return.
Does Fresnillo pay a dividend, and how is it taxed in India?
Yes. Fresnillo pays a dividend and the current yield is 4.07%; the last declared dividend was £1.12 per share, about ₹142.41. 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 Fresnillo from India?
The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
Is Fresnillo a United Kingdom company, and does that change how it is taxed?
Fresnillo trades on the London Stock Exchange in GBP, but the company is domiciled in Mexico. Fresnillo trades as an ordinary share listed directly in the UK, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Are there transaction taxes when buying Fresnillo?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.
Do I have to declare Fresnillo 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 Fresnillo holding, its cost and its closing value.
How do I sell Fresnillo and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP 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.