Houlihan Lokey, Inc.
Houlihan Lokey, Inc. (NYSE: HLI) is trading at $126.34, about ₹12,136 at today's USD/INR rate, as of 30 Sep 2026, 4:00 PM ET, down 0.88% today. Indian residents can buy Houlihan Lokey from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$126.03
Today's high
$128.15
52 week low
$112.83
52 week high
$205.43
HLI opened at $126.37, closed previously at $127.46, and has traded between $112.83 and $205.43 over the past 52 weeks.
About
Houlihan Lokey, Inc. is a prominent global investment banking firm offering a comprehensive suite of financial advisory services. These include expertise in mergers and acquisitions (M&A), capital markets, financial restructuring, and valuation. The company's operations are divided into three core segments: The Corporate Finance division provides broad financial guidance. It assists both public and private entities with strategic buy-side and sell-side transactions and a variety of capital-raising activities, such as leveraged loans, private mezzanine debt, high-yield debt, initial public offerings (IPOs), follow-on offerings, convertibles, equity private placements, and private equity investments. This segment also advises financial sponsors on diverse deal structures and liability management initiatives. The Financial Restructuring segment guides debtors, creditors, and other involved parties through complex recapitalization and deleveraging processes. Its specialized advisory services encompass the design, negotiation, and confirmation of reorganization plans, the structuring and analysis of exchange offers, corporate viability assessments, expert testimony for dispute resolution, and the procurement of debtor-in-possession (DIP) financing. The Financial and Valuation Advisory group specializes in appraising various asset types, including entire businesses, illiquid debt and equity securities, and intellectual property. It delivers critical fairness opinions for M&A and other transactions, as well as solvency opinions for corporate spin-offs and dividend recapitalizations, alongside other financial assessments. This segment further contributes to dispute resolution services. Established in 1972, Houlihan Lokey serves a diverse clientele, including corporations, institutions, and governmental entities. Headquartered in Los Angeles, California, the firm maintains a significant international presence with offices located across the United States, Europe, the Middle East, and the Asia-Pacific region.
Key statistics
Avg. volume
837.11K
Market cap
$8.83B
P/E Ratio
20.75
Price-to-sales ratio
3.50
Enterprise value
$8.86B
Free cash flow yield
7.13%
Debt-to-equity ratio
0.22
Return on equity
18.17%
ROIC
15.07%
Beta
0.97
Dividend yield
2.06%
Last dividend
$2.60
Financial overview
Revenue
$2.62B
Earnings per share
$6.40
Free cash flow
$681.82M
Net profit margin
16.10%
Gross margin
50.79%
EBITDA
$604.90M
Revenue growth
9.55%
Similar securities
This is not an investment recommendation
How to buy Houlihan Lokey from India
Indian residents can buy Houlihan Lokey 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 Houlihan Lokey and place an order
Find Houlihan Lokey by name or by its ticker, HLI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Houlihan Lokey trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Houlihan Lokey 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 Houlihan Lokey from India
Trading and taxes when buying Houlihan Lokey 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. Houlihan Lokey’s current yield is 2.06%.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 Houlihan Lokey stock?
Yes. Houlihan Lokey (HLI) has been listed on the New York Stock Exchange since 2015, in the Investment - Banking & Investment 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. 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 Houlihan Lokey share cost in rupees?
One Houlihan Lokey share is $126.34 — about ₹12,136 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Houlihan Lokey 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 Houlihan Lokey 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 Houlihan Lokey with less than the price of one share?
Yes. A whole Houlihan Lokey share is $126.34, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Houlihan Lokey 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 Houlihan Lokey price. Paasa issues a capital-gains statement for your return.
Does Houlihan Lokey pay a dividend, and how is it taxed in India?
Yes. Houlihan Lokey pays a dividend and the current yield is 2.06%; the last declared dividend was $2.60 per share, about ₹249.76. 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 Houlihan Lokey 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 Houlihan Lokey 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 Houlihan Lokey 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 Houlihan Lokey holding, its cost and its closing value.
How do I sell Houlihan Lokey 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.