Paasa Logo
MDA Space Ltd logo
MDANYSEMarket openCloses 4:00pm ET

MDA Space Ltd

$31.79Last updated
+$0.31 (0.97%)Past day
Timezone

MDA Space Ltd (NYSE: MDA) is trading at $31.79, about ₹3,052 at today's USD/INR rate, as of 25 Sep 2026, 2:05 PM ET, up 0.97% today. Indian residents can buy MDA Space from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$31.50
Previous close:$31.48
Volume:455.00K

Today's low

$31.19

Today's high

$32.23

52 week low

$23.23

52 week high

$49.37

MDA opened at $31.50, closed previously at $31.48, and has traded between $23.23 and $49.37 over the past 52 weeks.

About

MDA Space Ltd. operates as a crucial international collaborator in the space sector, furnishing sophisticated technology, innovative solutions, and vital services to the flourishing global space market. The company organizes its activities across three primary segments. Its Geointelligence division provides comprehensive, turnkey solutions and services pertaining to Earth observation and intelligence systems. The Robotics and Space Operations division contributes to humanity's endeavors in space exploration and infrastructure development by supplying autonomous robotics and advanced vision sensors specifically engineered for deployment in orbit, on the lunar surface, and on Mars. Finally, the Satellite Systems division focuses on creating essential sub-systems and complete spacecraft. This includes pioneering communication technologies like space-based broadband internet and direct satellite-to-device connectivity from non-geostationary orbits, specifically Low Earth Orbit (LEO) and Medium Earth Orbit (MEO) constellations, as well as offerings that span the full range of communication frequencies. Established on June 2, 2020, MDA Space Ltd. is headquartered in Brampton, Canada.

Country
CA
CEO
Michael Greenley Pmp
Exchange listed on
NYSE
Industry
Aerospace & Defense
Base currency
USD
Full Time Employees
4,000
Sector
Industrials
IPO date
13/03/2026

Key statistics

Avg. volume

1.49M

Market cap

$5.15B

P/E Ratio

55.56

Price-to-sales ratio

3.34

Enterprise value

$6.22B

Free cash flow yield

-2.45%

Debt-to-equity ratio

0.20

Return on equity

6.60%

ROIC

3.98%

Beta

0.78

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$1.19B

Earnings per share

$0.64

Free cash flow

$169.09M

Net profit margin

5.66%

Gross margin

18.81%

EBITDA

$193.41M

Revenue growth

58.45%

How to buy MDA Space from India

Indian residents can buy MDA Space 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.

  3. Search for MDA Space and place an order

    Find MDA Space by name or by its ticker, MDA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. MDA Space trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your MDA Space position in USD and INR. MDA Space 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 MDA Space from India

Trading and taxes when buying MDA Space 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
NoneMDA Space 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 LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy MDA Space stock?

Yes. MDA Space (MDA) has been listed on the New York Stock Exchange since 2026, in the Aerospace & Defense 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 MDA Space share cost in rupees?

One MDA Space share is $31.79 — about ₹3,052 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the MDA Space 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 MDA Space 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 MDA Space?

Yes. One MDA Space share is $31.79, 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 MDA Space.

How are gains on MDA Space 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 MDA Space price. Paasa issues a capital-gains statement for your return.

Does MDA Space pay a dividend?

No. MDA Space 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 MDA Space from India?

The New York 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 the US is on standard time. Orders can only execute during that window.

Is MDA Space a United States company, and does that change how it is taxed?

MDA Space trades on the New York Stock Exchange in US dollars, but the company is domiciled in Canada. MDA Space trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.

Do I have to declare MDA Space 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 MDA Space holding, its cost and its closing value.

How do I sell MDA Space 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.