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IDT Corporation

$75.56Last updated
+$6.00 (8.63%)Past day
Timezone

IDT Corporation (NYSE: IDT) is trading at $75.56, about ₹7,258 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 8.63% today. Indian residents can buy IDT from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$70.61
Previous close:$69.56
Volume:800.52K

Today's low

$70.52

Today's high

$77.28

52 week low

$45.72

52 week high

$77.28

IDT opened at $70.61, closed previously at $69.56, and has traded between $45.72 and $77.28 over the past 52 weeks.

About

IDT Corporation, established in 1990 and headquartered in Newark, New Jersey, is a global enterprise actively involved in the communications and payment sectors. The company's diverse operations are organized into three main divisions: Fintech, net2phone-UCaaS (Unified Communications as a Service), and Traditional Communications. The Fintech segment delivers international money transfer and related payment services through its BOSS Revolution brand. It also supports national retailers with its NRS brand, providing point-of-sale network solutions that encompass payment processing, digital advertising, transaction data analysis, and various auxiliary services. The net2phone-UCaaS division supplies cloud-based unified communication services for businesses, known as net2phone-UCaaS, and offers cable telephony services, both under the net2phone brand. Lastly, the Traditional Communications segment encompasses several distinct offerings. These include Mobile Top-Up, which allows customers to send airtime, messaging, and data bundles to mobile accounts both domestically and internationally; BOSS Revolution Calling, an international long-distance telephony service; and Carrier Services, functioning as a wholesale provider of international voice and SMS termination and outsourced traffic management for telecommunication companies. This segment also features net2phone-Platform Services, which provide telephony infrastructure to cable operators and other partners, alongside various smaller communication and payment products.

Country
US
CEO
Samuel Jonas
Exchange listed on
NYSE
Industry
Telecommunications Services
Base currency
USD
Full Time Employees
1,920
Sector
Communication Services
IPO date
16/05/2001

Key statistics

Avg. volume

222.21K

Market cap

$1.88B

P/E Ratio

21.84

Price-to-sales ratio

1.45

Enterprise value

$1.29B

Free cash flow yield

4.13%

Debt-to-equity ratio

0.00

Return on equity

22.96%

ROIC

21.71%

Beta

0.62

Dividend yield

0.34%

Last dividend

$0.26

Financial overview

Revenue

$1.30B

Earnings per share

$3.47

Free cash flow

$67.96M

Net profit margin

6.67%

Gross margin

38.27%

EBITDA

$143.76M

Revenue growth

5.40%

Similar securities

This is not an investment recommendation

How to buy IDT from India

Indian residents can buy IDT 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.

  1. 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.

  2. 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.

  3. Search for IDT and place an order

    Find IDT by name or by its ticker, IDT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. IDT trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your IDT 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 IDT from India

Trading and taxes when buying IDT 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. IDT’s current yield is 0.34%.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 IDT stock?

Yes. IDT (IDT) has been listed on the New York Stock Exchange since 2001, in the Telecommunications 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 IDT share cost in rupees?

One IDT share is $75.56 — about ₹7,258 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the IDT 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 IDT 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 whole shares of IDT?

Yes. One IDT share is $75.56, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in IDT.

How are gains on IDT 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 IDT price. Paasa issues a capital-gains statement for your return.

Does IDT pay a dividend, and how is it taxed in India?

Yes. IDT pays a dividend and the current yield is 0.34%; the last declared dividend was $0.26 per share, about ₹24.98. 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 IDT 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 IDT 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 IDT 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 IDT holding, its cost and its closing value.

How do I sell IDT 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.