Mastercard Incorporated
Mastercard Incorporated (XETRA: M4I) is trading at €491.40, about ₹53,519 at today's EUR/INR rate, as of 30 Sep 2026, 11:35 AM ET, down 1.46% today. Indian residents can buy Mastercard from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€490.70
Today's high
€498.80
52 week low
€400.70
52 week high
€516.00
M4I opened at €498.00, closed previously at €498.70, and has traded between €400.70 and €516.00 over the past 52 weeks.
About
Mastercard Incorporated is a leading global technology enterprise dedicated to facilitating digital transactions and providing an extensive array of payment-related products and services. Operating across the United States and internationally, its core function involves the precise authorization, clearing, and settlement of payment transactions. Beyond its fundamental processing capabilities, Mastercard offers a broad spectrum of integrated solutions and value-added services tailored for a diverse clientele, including individual account holders, merchants, financial institutions, businesses, and governmental organizations. These offerings encompass programs enabling consumers to defer payments via credit, comprehensive prepaid solutions, and robust commercial credit and debit payment products. The company also provides services that allow customers convenient access to funds in deposit and other accounts. Further enhancing its portfolio, Mastercard delivers advanced value-added solutions such as sophisticated cyber and intelligence security measures to safeguard transactions. It also leverages proprietary consumer and merchant data to generate actionable insights. For the e-commerce sector, the company provides specialized services including analytics, "test and learn" initiatives, consulting, managed services, loyalty programs, and essential payment gateway solutions. Mastercard is also at the forefront of innovative areas such as open banking and digital identity platform services. Its widely recognized payment solutions and services operate under the iconic brands: MasterCard, Maestro, and Cirrus. Mastercard Incorporated was established in 1966 and is headquartered in Purchase, New York.
Key statistics
Avg. volume
600.00
Market cap
€430.98B
P/E Ratio
30.28
Price-to-sales ratio
13.79
Enterprise value
$529.60B
Free cash flow yield
3.24%
Debt-to-equity ratio
4.39
Return on equity
193.46%
ROIC
49.44%
Beta
0.69
Dividend yield
0.61%
Last dividend
€2.89
Financial overview
Revenue
$32.79B
Earnings per share
$16.54
Free cash flow
$16.91B
Net profit margin
46.34%
Gross margin
100.00%
EBITDA
$20.44B
Revenue growth
16.42%
Similar securities
This is not an investment recommendation
How to buy Mastercard from India
Indian residents can buy Mastercard 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 EUR.
Search for Mastercard and place an order
Find Mastercard by name or by its ticker, M4I, and choose an order type. Mastercard trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Mastercard position in EUR 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 Mastercard from India
Trading and taxes when buying Mastercard from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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. Mastercard’s current yield is 0.61%.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 Mastercard stock?
Yes. Mastercard (M4I) has been listed on XETRA since 2007, in the Financial - Credit 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 and then to EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Mastercard share cost in rupees?
One Mastercard share is €491.40 — about ₹53,519 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Mastercard 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 Mastercard 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 Mastercard 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Mastercard price. Paasa issues a capital-gains statement for your return.
Does Mastercard pay a dividend, and how is it taxed in India?
Yes. Mastercard pays a dividend and the current yield is 0.61%; the last declared dividend was €2.89 per share, about ₹315.10. 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 Mastercard from India?
XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
Is Mastercard a Germany company, and does that change how it is taxed?
Mastercard trades on XETRA in EUR, but the company is domiciled in United States. Mastercard trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Mastercard 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 Mastercard holding, its cost and its closing value.
How do I sell Mastercard and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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 Mastercard?
Yes. Mastercard is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.