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Mattr Corp.

CA$20.72Last updated
-CA$0.41 (1.94%)Past day
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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

Open:CA$21.08
Previous close:CA$21.13
Volume:356.50K

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.

Country
CA
CEO
Michael E. Reeves
Exchange listed on
TSX
Industry
Oil & Gas Equipment & Services
Base currency
CAD
Full Time Employees
2,110
Sector
Energy
IPO date
12/01/1995

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.

  1. 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.

  2. 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.

  3. 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.

  4. 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.