LeMaitre Vascular, Inc.
LeMaitre Vascular, Inc. (NASDAQ: LMAT) is trading at $81.52, about ₹7,819 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.87% today. Indian residents can buy LeMaitre Vascular from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$79.97
Today's high
$81.88
52 week low
$78.22
52 week high
$118.01
LMAT opened at $80.62, closed previously at $80.82, and has traded between $78.22 and $118.01 over the past 52 weeks.
About
Operating worldwide, LeMaitre Vascular, Inc. specializes in the development, distribution, and maintenance of medical devices and implants for treating peripheral vascular disease. Its product portfolio encompasses a range of catheters, including angioscopes, which are fiberoptic tools for internal blood vessel visualization; embolectomy catheters for removing blood clots from arteries or veins; occlusion catheters that temporarily halt blood flow; perfusion catheters for infusing blood and other fluids into the vasculature; and thrombectomy catheters, featuring a silicone balloon for extracting venous thrombi. The company also furnishes carotid shunts, designed to temporarily redirect blood flow to the brain during carotid endarterectomy surgery to clear arterial plaque. Another offering is radiopaque tape, a medical-grade adhesive applied externally to help interventionists precisely cross-reference skin locations with underlying anatomical features like vessels or lesions. Further products include valvulotomes, instruments used to cut or disrupt valves within the saphenous vein, enabling it to function as an arterial bypass to carry blood past diseased arteries to the lower leg or foot. Additionally, LeMaitre supplies vascular grafts for bypassing or replacing compromised arteries. Moreover, the company provides vascular and cardiac patches for post-surgical vessel closure. Its closure systems employ titanium clips for connecting vessels, offering an alternative to traditional sutures. Products are distributed via both its direct sales force and a network of distributors. Founded in 1983 as Vascutech, Inc., the company rebranded as LeMaitre Vascular, Inc. in April 2001. It is headquartered in Burlington, Massachusetts.
Key statistics
Avg. volume
340.22K
Market cap
$1.86B
P/E Ratio
28.11
Price-to-sales ratio
7.10
Enterprise value
$2.03B
Free cash flow yield
3.96%
Debt-to-equity ratio
0.45
Return on equity
16.42%
ROIC
9.76%
Beta
0.49
Dividend yield
1.17%
Last dividend
$0.95
Financial overview
Revenue
$249.60M
Earnings per share
$2.55
Free cash flow
$74.47M
Net profit margin
25.02%
Gross margin
72.90%
EBITDA
$90.79M
Revenue growth
13.53%
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This is not an investment recommendation
How to buy LeMaitre Vascular from India
Indian residents can buy LeMaitre Vascular 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 LeMaitre Vascular and place an order
Find LeMaitre Vascular by name or by its ticker, LMAT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. LeMaitre Vascular trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your LeMaitre Vascular 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 LeMaitre Vascular from India
Trading and taxes when buying LeMaitre Vascular 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. LeMaitre Vascular’s current yield is 1.17%.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 LeMaitre Vascular stock?
Yes. LeMaitre Vascular (LMAT) has been listed on NASDAQ since 2006, in the Medical - Instruments & Supplies 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 LeMaitre Vascular share cost in rupees?
One LeMaitre Vascular share is $81.52 — about ₹7,819 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the LeMaitre Vascular 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 LeMaitre Vascular 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 LeMaitre Vascular?
Yes. One LeMaitre Vascular share is $81.52, 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 LeMaitre Vascular.
How are gains on LeMaitre Vascular 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 LeMaitre Vascular price. Paasa issues a capital-gains statement for your return.
Does LeMaitre Vascular pay a dividend, and how is it taxed in India?
Yes. LeMaitre Vascular pays a dividend and the current yield is 1.17%; the last declared dividend was $0.95 per share, about ₹91.12. 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 LeMaitre Vascular 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 LeMaitre Vascular 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 LeMaitre Vascular 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 LeMaitre Vascular holding, its cost and its closing value.
How do I sell LeMaitre Vascular 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.