Karooooo Ltd.
Karooooo Ltd. (NASDAQ: KARO) is trading at $61.63, about ₹5,918 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 0.61% today. Indian residents can buy Karooooo from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$61.12
Today's high
$62.29
52 week low
$41.25
52 week high
$68.80
KARO opened at $61.86, closed previously at $62.01, and has traded between $41.25 and $68.80 over the past 52 weeks.
About
Karooooo Ltd. delivers a comprehensive software-as-a-service (SaaS) platform tailored for connected vehicles, extending its services across South Africa, the broader African continent, Europe, the Asia-Pacific region, the Middle East, and the United States. Its core offerings include Fleet Telematics, a SaaS solution providing real-time intelligence for effective fleet management; LiveVision, which enhances fleet visibility and facilitates proactive risk mitigation; MiFleet, an advanced system for fleet administration, business intelligence, and cost control; and Karooooo Logistics, an application specifically designed to manage last-mile deliveries and general operational logistics. The company also provides Cartrack Field Service for overseeing remote and on-site personnel; Business Intelligence tools to offer high-level insights into fleet performance; robust asset tracking capabilities for monitoring movable property; and asset recovery services, which assist vehicle owners and insurance companies in retrieving lost or stolen assets. Its portfolio further encompasses insurance telematics, enabling insurers to customize premiums for both commercial and individual clients through data analytics; Protector, a dedicated safety package for personal vehicles; and Car Watch, a mobile application empowering users to track and monitor their vehicles. Additionally, Karooooo offers specialized mobility solutions such as Bike Track, a GPS-based system tailored for commercial motorbike fleets; Credit Management, which predicts payment cycles and supports active credit oversight for asset-backed vehicle financing; and an electronic monitoring application for law enforcement to track individuals of interest. Complementing these are various other mobility and monitoring tools, including Carzuka, its Cartrack insurance agency, an on-demand rideshare taxi application, and a range of intelligent IoT products. Karooooo distributes its solutions directly to a diverse client base, encompassing individual consumers, sole proprietors, small and medium-sized enterprises, large corporations, and other connected devices. Established in 2001, Karooooo Ltd. maintains its headquarters in Singapore.
Key statistics
Avg. volume
99.88K
Market cap
$1.90B
P/E Ratio
30.40
Price-to-sales ratio
5.38
Enterprise value
ZAR 30.99B
Free cash flow yield
0.19%
Debt-to-equity ratio
0.30
Return on equity
31.36%
ROIC
22.11%
Beta
0.89
Dividend yield
2.43%
Last dividend
$1.50
Financial overview
Revenue
ZAR 5.48B
Earnings per share
ZAR 32.17
Free cash flow
ZAR 0.00
Net profit margin
17.76%
Gross margin
67.98%
EBITDA
ZAR 2.24B
Revenue growth
19.96%
Similar securities
This is not an investment recommendation
How to buy Karooooo from India
Indian residents can buy Karooooo 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 Karooooo and place an order
Find Karooooo by name or by its ticker, KARO, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Karooooo trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Karooooo 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 Karooooo from India
Trading and taxes when buying Karooooo 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. Karooooo’s current yield is 2.43%.Dividend tax explained
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 Karooooo stock?
Yes. Karooooo (KARO) has been listed on NASDAQ since 2021, in the Software - Application 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 Karooooo share cost in rupees?
One Karooooo share is $61.63 — about ₹5,918 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Karooooo 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 Karooooo 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 Karooooo?
Yes. One Karooooo share is $61.63, 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 Karooooo.
How are gains on Karooooo 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 Karooooo price. Paasa issues a capital-gains statement for your return.
Does Karooooo pay a dividend, and how is it taxed in India?
Yes. Karooooo pays a dividend and the current yield is 2.43%; the last declared dividend was $1.50 per share, about ₹144.03. 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 Karooooo 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 Karooooo a United States company, and does that change how it is taxed?
Karooooo trades on NASDAQ in US dollars, but the company is domiciled in Singapore. Karooooo trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Karooooo 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 Karooooo holding, its cost and its closing value.
How do I sell Karooooo 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.