Hammond Power Solutions Inc.
Hammond Power Solutions Inc. (TSX: HPS-A) is trading at CA$280.70, about ₹19,098 at today's CAD/INR rate, as of 28 Sep 2026, 4:00 PM ET, up 0.53% today. Indian residents can buy Hammond Power Solutions from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$275.49
Today's high
CA$284.50
52 week low
CA$121.13
52 week high
CA$365.12
HPS-A opened at CA$277.77, closed previously at CA$279.22, and has traded between CA$121.13 and CA$365.12 over the past 52 weeks.
About
Hammond Power Solutions Inc. (HPS) specializes in the engineering, manufacturing, and sale of a broad spectrum of electrical power products. Their portfolio includes tailored magnetic components, alongside a comprehensive range of standard dry-type, cast resin, and liquid-filled transformers, as well as various wound magnetic devices, all designed for the electrical and electronic industries. The company's extensive product line encompasses autotransformers, buck-boost, control, and a variety of distribution transformers (including medium voltage, drive isolation, encapsulated, furnace, multi-pulse, pad mounted, and regulating types). Additionally, they provide reactors, active harmonic filters, dV/dT filters, and complete unitized substations. These solutions serve critical sectors such as oil and gas, mining, steel, water and wastewater treatment, commercial construction, data centers, and wind power generation. Established in 1917 and headquartered in Guelph, Canada, HPS operates across Canada, the United States, Mexico, and India.
Key statistics
Avg. volume
68.44K
Market cap
CA$3.34B
P/E Ratio
54.29
Price-to-sales ratio
3.15
Enterprise value
CA$3.40B
Free cash flow yield
-0.02%
Debt-to-equity ratio
0.25
Return on equity
16.96%
ROIC
15.03%
Beta
1.13
Dividend yield
0.40%
Last dividend
CA$1.12
Financial overview
Revenue
CA$898.25M
Earnings per share
CA$6.07
Free cash flow
-CA$12.48M
Net profit margin
5.80%
Gross margin
30.32%
EBITDA
CA$124.47M
Revenue growth
13.94%
Similar securities
This is not an investment recommendation
How to buy Hammond Power Solutions from India
Indian residents can buy Hammond Power Solutions 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 Hammond Power Solutions and place an order
Find Hammond Power Solutions by name or by its ticker, HPS-A, and choose an order type. Hammond Power Solutions trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Hammond Power Solutions 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 Hammond Power Solutions from India
Trading and taxes when buying Hammond Power Solutions 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. Hammond Power Solutions’ current yield is 0.40%.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 Hammond Power Solutions stock?
Yes. Hammond Power Solutions (HPS-A) has been listed on the Toronto Stock Exchange since 2004, in the Electrical Equipment & Parts 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 Hammond Power Solutions share cost in rupees?
One Hammond Power Solutions share is CA$280.70 — about ₹19,098 at a CAD/INR rate of 68.04 on 27 Sep 2026. Both the Hammond Power Solutions 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 Hammond Power Solutions 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 Hammond Power Solutions 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 Hammond Power Solutions price. Paasa issues a capital-gains statement for your return.
Does Hammond Power Solutions pay a dividend, and how is it taxed in India?
Yes. Hammond Power Solutions pays a dividend and the current yield is 0.40%; the last declared dividend was CA$1.12 per share, about ₹75.86. 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 Hammond Power Solutions 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 Hammond Power Solutions 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 Hammond Power Solutions holding, its cost and its closing value.
How do I sell Hammond Power Solutions 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 Hammond Power Solutions?
Yes. Hammond Power Solutions 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.