Paasa Logo
The Marygold Companies, Inc. logo
MGLDAMEXMarket openCloses 4:00pm ET

The Marygold Companies, Inc.

$1.97Last updated
-$0.01 (0.50%)Past day
Timezone

The Marygold Companies, Inc. (AMEX: MGLD) is trading at $1.97, about ₹189 at today's USD/INR rate, as of 30 Sep 2026, 1:28 PM ET, down 0.50% today. Indian residents can buy The Marygold Companies from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$1.98
Previous close:$1.98
Volume:314.14K

Today's low

$1.97

Today's high

$1.98

52 week low

$0.84

52 week high

$2.12

MGLD opened at $1.98, closed previously at $1.98, and has traded between $0.84 and $2.12 over the past 52 weeks.

About

Based in San Clemente, California, The Marygold Companies Inc., established in 1996 and known as Concierge Technologies, Inc. until March 2022, is a diversified holding company. Through its subsidiaries, Marygold engages in multiple sectors across the United States, New Zealand, Australia, and Canada. The company provides investment fund management services, advising various exchange-traded funds and products organized as limited partnerships or trusts. Its food division manufactures and distributes meat pies and other baked goods to grocers, convenience stores, and independent retailers, while also producing specialty wrappers for the food industry. In the beauty sector, Marygold formulates and wholesales hair and skin care products under the 'Original Sprout' brand, supplying them to salons, resorts, grocery stores, health food stores, and e-commerce platforms. Additionally, it sells and installs commercial and residential alarm monitoring systems under the Brigadier Security Systems and Elite Security names. The company is also actively developing a FinTech software application aimed at enhancing the mobile banking experience.

Country
US
CEO
Nicholas Daniel Gerber
Exchange listed on
AMEX
Industry
Asset Management
Base currency
USD
Full Time Employees
81
Sector
Financial Services
IPO date
14/03/2022

Key statistics

Avg. volume

224.07K

Market cap

$84.34M

P/E Ratio

-19.28

Price-to-sales ratio

2.94

Enterprise value

$48.71M

Free cash flow yield

-4.59%

Debt-to-equity ratio

0.02

Return on equity

-22.73%

ROIC

-11.00%

Beta

0.15

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$25.31M

Earnings per share

-$0.10

Free cash flow

-$2.35M

Net profit margin

-15.22%

Gross margin

75.49%

EBITDA

-$4.43M

Revenue growth

-16.05%

Similar securities

This is not an investment recommendation

How to buy The Marygold Companies from India

Indian residents can buy The Marygold Companies 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 The Marygold Companies and place an order

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

  4. Track holdings and download tax reports

    Follow your The Marygold Companies position in USD and INR. The Marygold Companies 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 The Marygold Companies from India

Trading and taxes when buying The Marygold Companies 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
NoneThe Marygold Companies does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

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 The Marygold Companies stock?

Yes. The Marygold Companies (MGLD) has been listed on NYSE American since 2022, in the Asset Management 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 The Marygold Companies share cost in rupees?

One The Marygold Companies share is $1.97 — about ₹189 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the The Marygold Companies 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 The Marygold Companies 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 The Marygold Companies?

Yes. One The Marygold Companies share is $1.97, 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 The Marygold Companies.

How are gains on The Marygold Companies 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 The Marygold Companies price. Paasa issues a capital-gains statement for your return.

Does The Marygold Companies pay a dividend?

No. The Marygold Companies 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 The Marygold Companies from India?

NYSE American 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 there estate or inheritance tax on The Marygold Companies shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare The Marygold Companies 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 The Marygold Companies holding, its cost and its closing value.

How do I sell The Marygold Companies 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.