Mattr Corp.
Mattr Corp. (TSX: MATR) is trading at CA$20.72, about ₹1,410 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 1.94% today. Indian residents can buy Mattr from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$20.45
Today's high
CA$21.45
52 week low
CA$7.27
52 week high
CA$21.91
MATR opened at CA$21.08, closed previously at CA$21.13, and has traded between CA$7.27 and CA$21.91 over the past 52 weeks.
About
Mattr Corp. is a materials science enterprise providing solutions for the global infrastructure, energy, and transportation industries. Its business operations are divided into three principal divisions. The Composite Systems segment manufactures adaptable composite materials, utilized for applications such as oil and gas gathering, and produces fiberglass-reinforced plastic subterranean storage tanks for the retail fuel, water/wastewater management, and broader oil and gas sectors. The Automotive and Industrial segment specializes in heat-shrinkable products, including a range of tubing thicknesses, protective sleeves, molded components, and associated equipment. This division also supplies low-voltage wires and cables essential for control systems, instrumentation, thermocouples, power distribution, and various industrial applications. Finally, the Pipeline and Pipe Services segment delivers expert ultrasonic and radiographic inspection for pipeline girth welds, serving pipeline operators and construction firms alike. Founded in 1930 and based in Toronto, Canada, the company was initially known as Shaw Industries Ltd. before rebranding as Shawcor Ltd. in 2001.
Key statistics
Avg. volume
260.04K
Market cap
CA$1.27B
P/E Ratio
45.73
Price-to-sales ratio
0.95
Enterprise value
CA$1.82B
Free cash flow yield
1.19%
Debt-to-equity ratio
0.73
Return on equity
3.62%
ROIC
3.88%
Beta
0.12
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$1.27B
Earnings per share
CA$0.75
Free cash flow
CA$41.15M
Net profit margin
2.08%
Gross margin
22.48%
EBITDA
CA$128.70M
Revenue growth
43.28%
Similar securities
This is not an investment recommendation
How to buy Mattr from India
Indian residents can buy Mattr 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 Mattr and place an order
Find Mattr by name or by its ticker, MATR, and choose an order type. Mattr trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Mattr position in CAD and INR. Mattr 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 Mattr from India
Trading and taxes when buying Mattr 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
- NoneMattr does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Mattr stock?
Yes. Mattr (MATR) has been listed on the Toronto Stock Exchange since 1995, in the Oil & Gas Equipment & 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Mattr share cost in rupees?
One Mattr share is CA$20.72 — about ₹1,410 at a CAD/INR rate of 68.03 on 25 Sep 2026. Both the Mattr 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 Mattr 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 Mattr 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 Mattr price. Paasa issues a capital-gains statement for your return.
Does Mattr pay a dividend?
No. Mattr 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 Mattr 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 Mattr 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 Mattr holding, its cost and its closing value.
How do I sell Mattr 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 Mattr?
Yes. Mattr 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.