Paasa Logo
Innodata Inc. logo
INODNASDAQMarket closedOpens 9:30am ET

Innodata Inc.

$69.21Last updated
-$2.66 (3.70%)Past day
Timezone

Innodata Inc. (NASDAQ: INOD) is trading at $69.21, about ₹6,646 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 3.70% today. Indian residents can buy Innodata from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$72.58
Previous close:$71.87
Volume:1.51M

Today's low

$68.75

Today's high

$74.75

52 week low

$34.23

52 week high

$125.14

INOD opened at $72.58, closed previously at $71.87, and has traded between $34.23 and $125.14 over the past 52 weeks.

About

Innodata Inc. is a global enterprise specializing in data engineering, with operations spanning the United States, the United Kingdom, the Netherlands, Canada, and other international locations. The firm conducts its business across three distinct divisions: Digital Data Solutions (DDS), Synodex, and Agility. Its Digital Data Solutions (DDS) division furnishes clients with AI-powered software platforms and outsourced services. These offerings cater to businesses needing data for the instruction of artificial intelligence (AI) and machine learning (ML) algorithms. DDS also delivers AI-driven digital transformation strategies, assisting organizations in leveraging AI/ML to extract critical insights from textual information. Furthermore, DDS provides a comprehensive suite of data engineering support functions, encompassing activities such as data annotation, transformation, curation, hygiene, consolidation, compliance, and master data management. The Synodex segment supplies an industry-specific platform designed to convert medical records into actionable digital data. This conversion utilizes either Synodex's proprietary data models or models provided by its clients. Lastly, the Agility division delivers a specialized platform for marketing and public relations experts. This platform enables them to identify and disseminate information to journalists and social media figures, alongside monitoring and dissecting content from global news outlets—including print, online, radio, and television—as well as various social media platforms. Innodata caters to a diverse clientele across sectors such as banking, insurance, financial services, technology, digital retail, and information/media. Its services are delivered by a dedicated team comprising professional staff, senior leadership, and direct sales representatives. The corporation, initially named Innodata Isogen, Inc., adopted its current moniker, Innodata Inc., in June 2012. Established in 1988, its principal office is situated in Ridgefield Park, New Jersey.

Country
US
CEO
Jack S. Abuhoff
Exchange listed on
NASDAQ
Industry
Information Technology Services
Base currency
USD
Full Time Employees
10,064
Sector
Technology
IPO date
10/08/1993

Key statistics

Avg. volume

1.45M

Market cap

$2.26B

P/E Ratio

48.40

Price-to-sales ratio

7.13

Enterprise value

$2.03B

Free cash flow yield

9.67%

Debt-to-equity ratio

0.09

Return on equity

37.78%

ROIC

24.51%

Beta

2.88

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$251.66M

Earnings per share

$1.01

Free cash flow

$35.65M

Net profit margin

14.66%

Gross margin

42.63%

EBITDA

$48.31M

Revenue growth

47.64%

Similar securities

This is not an investment recommendation

How to buy Innodata from India

Indian residents can buy Innodata 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 Innodata and place an order

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

  4. Track holdings and download tax reports

    Follow your Innodata position in USD and INR. Innodata pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Innodata from India

Trading and taxes when buying Innodata 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
NoneInnodata does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Innodata stock?

Yes. Innodata (INOD) has been listed on NASDAQ since 1993, in the Information Technology 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 Innodata share cost in rupees?

One Innodata share is $69.21 — about ₹6,646 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Innodata 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 Innodata 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 Innodata?

Yes. One Innodata share is $69.21, 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 Innodata.

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

Does Innodata pay a dividend?

No. Innodata does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Innodata 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 Innodata 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 Innodata 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 Innodata holding, its cost and its closing value.

How do I sell Innodata 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.