Ingles Markets, Incorporated
Ingles Markets, Incorporated (NASDAQ: IMKTA) is trading at $85.09, about ₹8,163 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, up 1.58% today. Indian residents can buy Ingles Markets from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$84.28
Today's high
$85.33
52 week low
$67.11
52 week high
$95.62
IMKTA opened at $84.37, closed previously at $83.77, and has traded between $67.11 and $95.62 over the past 52 weeks.
About
Ingles Markets, Incorporated functions as a major supermarket chain predominantly located throughout the southeastern United States. The company provides a comprehensive selection of food products, ranging from fresh produce, meats, and dairy to frozen goods, general groceries, and other perishable items. Beyond the food aisle, Ingles also offers various non-food essentials, such as health and beauty care products, general merchandise, and its own proprietary private label brands. Many of its locations also feature convenient fuel centers and pharmacies. A unique aspect of Ingles Markets is its ownership and operation of a milk processing and packaging plant. This facility produces organic milk, fruit juices, and bottled water, supplying these items not only to its own stores but also to other retail outlets, food service distributors, and wholesale grocery warehouses. Within its stores, customers can also find prepared home meal replacements, full-service delicatessens, in-store bakeries, floral departments, and greeting card selections. The company further emphasizes a wide array of local organic, beverage, and health-conscious product options. As of September 25, 2021, Ingles Markets managed a network of 198 supermarkets, comprising 189 stores under the Ingles brand and 9 under the Sav-Mor name. These stores are situated across western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama. Additionally, the company operated 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was established in 1963 and is headquartered in Asheville, North Carolina.
Key statistics
Avg. volume
129.98K
Market cap
$1.62B
P/E Ratio
15.30
Price-to-sales ratio
0.30
Enterprise value
$1.69B
Free cash flow yield
9.25%
Debt-to-equity ratio
0.31
Return on equity
6.30%
ROIC
4.68%
Beta
0.57
Dividend yield
0.78%
Last dividend
$0.66
Financial overview
Revenue
$5.33B
Earnings per share
$4.50
Free cash flow
$39.60M
Net profit margin
1.92%
Gross margin
24.49%
EBITDA
$252.54M
Revenue growth
-5.42%
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This is not an investment recommendation
How to buy Ingles Markets from India
Indian residents can buy Ingles Markets 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 Ingles Markets and place an order
Find Ingles Markets by name or by its ticker, IMKTA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Ingles Markets trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ingles Markets 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 Ingles Markets from India
Trading and taxes when buying Ingles Markets 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. Ingles Markets’ current yield is 0.78%.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 Ingles Markets stock?
Yes. Ingles Markets (IMKTA) has been listed on NASDAQ since 1987, in the Grocery Stores 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 Ingles Markets share cost in rupees?
One Ingles Markets share is $85.09 — about ₹8,163 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Ingles Markets 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 Ingles Markets 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 Ingles Markets?
Yes. One Ingles Markets share is $85.09, 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 Ingles Markets.
How are gains on Ingles Markets 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 Ingles Markets price. Paasa issues a capital-gains statement for your return.
Does Ingles Markets pay a dividend, and how is it taxed in India?
Yes. Ingles Markets pays a dividend and the current yield is 0.78%; the last declared dividend was $0.66 per share, about ₹63.31. 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 Ingles Markets from India?
NASDAQ 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 Ingles Markets 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 Ingles Markets 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 Ingles Markets holding, its cost and its closing value.
How do I sell Ingles Markets 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.