McCoy Global Inc.
McCoy Global Inc. (TSX: MCB) is trading at CA$2.24, about ₹152 at today's CAD/INR rate, as of 30 Sep 2026, 11:14 AM ET, down 0.44% today. Indian residents can buy McCoy Global from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$2.23
Today's high
CA$2.25
52 week low
CA$2.07
52 week high
CA$3.93
MCB opened at CA$2.25, closed previously at CA$2.25, and has traded between CA$2.07 and CA$3.93 over the past 52 weeks.
About
McCoy Global Inc., an Edmonton, Canada-based company founded in 1914, specializes in delivering critical equipment and advanced technological solutions for tubular running operations. These offerings are instrumental in enhancing wellbore integrity and gathering essential data, primarily for the energy industry. The company's core business involves designing, producing, and distributing capital equipment vital for maintaining wellbore stability. This is further supported by a comprehensive range of aftermarket services, including technical assistance, consumables, and replacement components. Beyond energy, McCoy Global also provides robust data collection technologies engineered for demanding applications in sectors like construction, marine, and aerospace. Its service offerings extend to repairing, maintaining, and calibrating both its proprietary equipment and competitor products, along with providing technology rental options. McCoy Global's extensive product portfolio includes hydraulic power tongs for casing, tubing, and drill-pipe make-up and break-out; casing running tools; advanced tubular running technologies; torque-turn monitoring and control software; wireless data subs; mud handling equipment; bucking units for coupling assembly in tubular plants; hydraulic power units (diesel and electric); roughnecks; load monitoring systems; portable aircraft digital scales; and winch control systems. Aftermarket provisions encompass dies and inserts for tubular equipment, alongside specialized gauging services. The company markets its products and services globally across the United States, Latin America, the Middle East, Africa, Europe, Russia, the Asia Pacific region, and Canada. Distribution channels include direct sales, agents, resellers, and distributors, utilizing brand names such as SmarTR, Virtual ThreadRep, SmartCRT, SmartFMS, CalCERT, DWCRT, weCATT, weVERIFY, winCATT, GRITFACE, CLINCHER, HYTOPS, CHROMEMASTER, LOCKJAW, weTORQ, Autofill, AutoValve, and SWSES. The company changed its name from McCoy Corporation to McCoy Global Inc. in July 2014.
Key statistics
Avg. volume
59.37K
Market cap
CA$60.81M
P/E Ratio
16.69
Price-to-sales ratio
0.91
Enterprise value
CA$79.17M
Free cash flow yield
-7.55%
Debt-to-equity ratio
0.03
Return on equity
13.14%
ROIC
13.17%
Beta
0.71
Dividend yield
2.23%
Last dividend
CA$0.10
Financial overview
Revenue
CA$83.78M
Earnings per share
CA$0.34
Free cash flow
-CA$5.96M
Net profit margin
5.46%
Gross margin
25.10%
EBITDA
CA$15.47M
Revenue growth
8.08%
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This is not an investment recommendation
How to buy McCoy Global from India
Indian residents can buy McCoy Global 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 McCoy Global and place an order
Find McCoy Global by name or by its ticker, MCB, and choose an order type. McCoy Global trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your McCoy Global 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 McCoy Global from India
Trading and taxes when buying McCoy Global 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. McCoy Global’s current yield is 2.23%.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 McCoy Global stock?
Yes. McCoy Global (MCB) has been listed on the Toronto Stock Exchange since 1998, 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 McCoy Global share cost in rupees?
One McCoy Global share is CA$2.24 — about ₹152 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the McCoy Global 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 McCoy Global 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 McCoy Global 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 McCoy Global price. Paasa issues a capital-gains statement for your return.
Does McCoy Global pay a dividend, and how is it taxed in India?
Yes. McCoy Global pays a dividend and the current yield is 2.23%; the last declared dividend was CA$0.10 per share, about ₹6.76. 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 McCoy Global 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 McCoy Global 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 McCoy Global holding, its cost and its closing value.
How do I sell McCoy Global 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 McCoy Global?
Yes. McCoy Global 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.