FirstService Corporation
FirstService Corporation (TSX: FSV) is trading at CA$182.79, about ₹12,365 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.02% today. Indian residents can buy FirstService from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$181.26
Today's high
CA$185.15
52 week low
CA$169.60
52 week high
CA$268.63
FSV opened at CA$182.65, closed previously at CA$182.75, and has traded between CA$169.60 and CA$268.63 over the past 52 weeks.
About
FirstService Corporation, headquartered in Toronto, Canada, and established in 1989, provides a comprehensive array of property management and essential property services to both residential and commercial clients across the United States and Canada. The company is structured into two main operating segments. Its FirstService Residential division specializes in managing diverse private residential communities, encompassing condominiums, co-operatives, homeowner associations, and master-planned developments. This segment also delivers a variety of supplementary services, including on-site staffing for engineering, maintenance, security, and amenity management, as well as financial services like cash management, banking transactions, and specialized property insurance brokerage. Furthermore, it offers energy management solutions and resale processing. The FirstService Brands division offers critical property services through five distinct franchise networks and its own directly-operated locations, which include a number of California Closets, Paul Davis Restoration, and CertaPro Painters outlets. Services provided by this division range from residential and commercial restoration, painting, and custom closet and home storage solutions, to flooring design and installation, home inspection, and fire protection services. Prominent brands under this segment include Paul Davis Restoration, First Onsite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International.
Key statistics
Avg. volume
190.93K
Market cap
CA$8.41B
P/E Ratio
36.91
Price-to-sales ratio
1.06
Enterprise value
$8.31B
Free cash flow yield
4.58%
Debt-to-equity ratio
1.28
Return on equity
10.75%
ROIC
5.96%
Beta
0.90
Dividend yield
0.92%
Last dividend
CA$1.67
Financial overview
Revenue
$5.59B
Earnings per share
$3.24
Free cash flow
$323.81M
Net profit margin
2.88%
Gross margin
29.84%
EBITDA
$544.78M
Revenue growth
7.22%
Similar securities
This is not an investment recommendation
How to buy FirstService from India
Indian residents can buy FirstService 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 CAD.
Search for FirstService and place an order
Find FirstService by name or by its ticker, FSV, and choose an order type. FirstService trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your FirstService position in CAD 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 FirstService from India
Trading and taxes when buying FirstService 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. FirstService’s current yield is 0.92%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy FirstService stock?
Yes. FirstService (FSV) has been listed on the Toronto Stock Exchange since 2015, in the Real Estate - Services 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one FirstService share cost in rupees?
One FirstService share is CA$182.79 — about ₹12,365 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the FirstService 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 FirstService 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 FirstService shares taxed in India?
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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the FirstService price. Paasa issues a capital-gains statement for your return.
Does FirstService pay a dividend, and how is it taxed in India?
Yes. FirstService pays a dividend and the current yield is 0.92%; the last declared dividend was CA$1.67 per share, about ₹112.83. 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 FirstService from India?
The Toronto 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 Canada is on standard time. Orders can only execute during that window.
Do I have to declare FirstService 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 FirstService holding, its cost and its closing value.
How do I sell FirstService and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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.
Does the rupee rate affect what I make on FirstService?
Yes. FirstService is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.