High Liner Foods Incorporated
High Liner Foods Incorporated (TSX: HLF) is trading at CA$13.98, about ₹946 at today's CAD/INR rate, as of 30 Sep 2026, 12:45 PM ET, up 0.22% today. Indian residents can buy High Liner Foods from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$13.93
Today's high
CA$14.06
52 week low
CA$13.13
52 week high
CA$17.60
HLF opened at CA$14.06, closed previously at CA$13.95, and has traded between CA$13.13 and CA$17.60 over the past 52 weeks.
About
High Liner Foods Incorporated is a North American company specializing in the processing and distribution of frozen seafood items. Their extensive product line includes unprocessed fillets and shellfish, ready-to-eat cooked shellfish, and a variety of value-added offerings such as sauced, glazed, breaded, and battered seafood, along with full seafood entrees and breaded cheese sticks. These products are marketed under well-known brands like High Liner, Fisher Boy, Sea Cuisine, Catch of the Day, C.Wirthy & Co., High Liner Foodservice, Mirabel, Icelandic Seafood, and FPI. The company reaches consumers and businesses through direct sales, retail and club store distributors, and foodservice channels serving hotels, restaurants, and institutional clients in the healthcare and educational sectors. Established in 1899, its corporate headquarters are located in Lunenburg, Canada.
Key statistics
Avg. volume
22.61K
Market cap
CA$392.52M
P/E Ratio
11.17
Price-to-sales ratio
0.25
Enterprise value
$619.16M
Free cash flow yield
-2.44%
Debt-to-equity ratio
0.80
Return on equity
8.94%
ROIC
6.72%
Beta
0.53
Dividend yield
5.01%
Last dividend
CA$0.70
Financial overview
Revenue
$1.03B
Earnings per share
$1.22
Free cash flow
-$7.83M
Net profit margin
2.30%
Gross margin
18.94%
EBITDA
$89.57M
Revenue growth
7.06%
Similar securities
This is not an investment recommendation
How to buy High Liner Foods from India
Indian residents can buy High Liner Foods 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 High Liner Foods and place an order
Find High Liner Foods by name or by its ticker, HLF, and choose an order type. High Liner Foods trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your High Liner Foods 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 High Liner Foods from India
Trading and taxes when buying High Liner Foods 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. High Liner Foods’ current yield is 5.01%.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 High Liner Foods stock?
Yes. High Liner Foods (HLF) has been listed on the Toronto Stock Exchange since 1996, in the Packaged Foods 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 High Liner Foods share cost in rupees?
One High Liner Foods share is CA$13.98 — about ₹946 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the High Liner Foods 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 High Liner Foods 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 High Liner Foods 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 High Liner Foods price. Paasa issues a capital-gains statement for your return.
Does High Liner Foods pay a dividend, and how is it taxed in India?
Yes. High Liner Foods pays a dividend and the current yield is 5.01%; the last declared dividend was CA$0.70 per share, about ₹47.35. 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 High Liner Foods 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 High Liner Foods 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 High Liner Foods holding, its cost and its closing value.
How do I sell High Liner Foods 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 High Liner Foods?
Yes. High Liner Foods 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.