Lassonde Industries Inc.
Lassonde Industries Inc. (TSX: LAS-A) is trading at CA$237.08, about ₹16,130 at today's CAD/INR rate, as of 28 Sep 2026, 10:14 AM ET, down 0.39% today. Indian residents can buy Lassonde Industries from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$237.08
Today's high
CA$237.08
52 week low
CA$202.51
52 week high
CA$253.85
LAS-A opened at CA$237.08, closed previously at CA$238.00, and has traded between CA$202.51 and CA$253.85 over the past 52 weeks.
About
Lassonde Industries Inc., along with its subsidiaries, specializes in the development, manufacturing, and distribution of various ready-to-drink fruit juices, beverages, and frozen juice concentrates across Canada, the United States, and international markets. Its extensive product range includes pure juices, fruit-flavored drinks, cranberry sauces, and fruit-based snacks, alongside culinary items such as pasta sauces, bruschetta toppings, tapenades, and pestos. Additionally, the company produces apple cider and cider-based drinks, and imports and markets a curated selection of wines. These diverse offerings are packaged in various formats and sold under numerous well-known trademarks, including Oasis, Apple & Eve, Old Orchard, Rougemont, Sun-Rype, and Del Monte, among others. Lassonde distributes its products through a wide array of channels, serving major supermarket chains, independent grocers, superstores, warehouse clubs, pharmacies, the hospitality sector (restaurants, hotels), institutional clients (hospitals, schools), and wholesalers, while also engaging in online sales. Founded in 1918, the company is headquartered in Rougemont, Canada.
Key statistics
Avg. volume
1.40K
Market cap
CA$1.62B
P/E Ratio
10.47
Price-to-sales ratio
0.56
Enterprise value
CA$2.07B
Free cash flow yield
14.15%
Debt-to-equity ratio
0.38
Return on equity
13.30%
ROIC
10.24%
Beta
-0.04
Dividend yield
2.05%
Last dividend
CA$4.85
Financial overview
Revenue
CA$2.93B
Earnings per share
CA$21.94
Free cash flow
-CA$4.26M
Net profit margin
5.34%
Gross margin
28.98%
EBITDA
CA$337.98M
Revenue growth
12.81%
Similar securities
This is not an investment recommendation
How to buy Lassonde Industries from India
Indian residents can buy Lassonde Industries 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 Lassonde Industries and place an order
Find Lassonde Industries by name or by its ticker, LAS-A, and choose an order type. Lassonde Industries trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Lassonde Industries 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 Lassonde Industries from India
Trading and taxes when buying Lassonde Industries 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. Lassonde Industries’ current yield is 2.05%.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 Lassonde Industries stock?
Yes. Lassonde Industries (LAS-A) has been listed on the Toronto Stock Exchange since 1996, in the Beverages - Non-Alcoholic 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 Lassonde Industries share cost in rupees?
One Lassonde Industries share is CA$237.08 — about ₹16,130 at a CAD/INR rate of 68.04 on 27 Sep 2026. Both the Lassonde Industries 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 Lassonde Industries 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 Lassonde Industries 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 Lassonde Industries price. Paasa issues a capital-gains statement for your return.
Does Lassonde Industries pay a dividend, and how is it taxed in India?
Yes. Lassonde Industries pays a dividend and the current yield is 2.05%; the last declared dividend was CA$4.85 per share, about ₹329.97. 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 Lassonde Industries 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 Lassonde Industries 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 Lassonde Industries holding, its cost and its closing value.
How do I sell Lassonde Industries 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 Lassonde Industries?
Yes. Lassonde Industries 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.