Mueller Industries, Inc.
Mueller Industries, Inc. (NYSE: MLI) is trading at $60.52, about ₹5,805 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.83% today. Indian residents can buy Mueller Industries from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$59.49
Today's high
$60.79
52 week low
$48.27
52 week high
$71.12
MLI opened at $59.99, closed previously at $60.02, and has traded between $48.27 and $71.12 over the past 52 weeks.
About
Mueller Industries, Inc., established in 1917 and based in Collierville, Tennessee, is a global manufacturer and distributor of various products crafted from copper, brass, aluminum, and plastic. The company operates internationally, with a presence in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. Its business is divided into three key segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers a comprehensive range of products including copper tubing, fittings, line sets, and pipe nipples. It also provides PEX plumbing and radiant heating systems, as well as plastic injection tooling. Additionally, this segment resells items such as steel pipes, brass and plastic plumbing valves, malleable iron fittings, faucets, and other plumbing specialties, alongside supplying water tubes. Its primary customers are wholesalers in the plumbing and refrigeration industries, distributors serving the manufactured housing and recreational vehicle markets, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The Industrial Metals segment specializes in producing rods from brass, bronze, and copper alloys; plumbing brass, valves, and fittings; and cold-formed aluminum and copper products. It also performs machining on aluminum, steel, brass, and cast iron impacts and castings. Furthermore, this segment manufactures brass and aluminum forgings, various valves (brass, aluminum, stainless steel), fluid control solutions, and gas train assemblies. These products are primarily supplied to OEMs across the industrial, construction, HVAC, plumbing, and refrigeration sectors. Finally, the Climate segment provides valves, protection devices, and brass fittings specifically for commercial HVAC and refrigeration OEMs. It also delivers high-pressure components and accessories for the air-conditioning and refrigeration markets. A significant offering includes coaxial heat exchangers and twisted tubes, which are utilized in diverse applications such as HVAC, geothermal, refrigeration, swimming pool heat pumps, marine, ice machines, commercial boilers, and heat reclamation. This segment also supplies insulated flexible duct systems for HVAC, along with brazed manifolds, headers, and distributor assemblies.
Key statistics
Avg. volume
1.83M
Market cap
$13.39B
P/E Ratio
15.50
Price-to-sales ratio
2.87
Enterprise value
$12.02B
Free cash flow yield
2.80%
Debt-to-equity ratio
0.01
Return on equity
27.33%
ROIC
20.67%
Beta
1.11
Dividend yield
1.07%
Last dividend
$0.60
Financial overview
Revenue
$4.18B
Earnings per share
$3.50
Free cash flow
$686.64M
Net profit margin
18.25%
Gross margin
27.31%
EBITDA
$1.09B
Revenue growth
10.87%
Similar securities
This is not an investment recommendation
How to buy Mueller Industries from India
Indian residents can buy Mueller Industries 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.
Search for Mueller Industries and place an order
Find Mueller Industries by name or by its ticker, MLI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Mueller Industries trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Mueller Industries position in USD 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 Mueller Industries from India
Trading and taxes when buying Mueller Industries 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Mueller Industries’ current yield is 1.07%.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 Mueller Industries stock?
Yes. Mueller Industries (MLI) has been listed on the New York Stock Exchange since 1991, in the Manufacturing - Metal Fabrication 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 Mueller Industries share cost in rupees?
One Mueller Industries share is $60.52 — about ₹5,805 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Mueller Industries 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 Mueller Industries 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 Mueller Industries?
Yes. One Mueller Industries share is $60.52, 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 Mueller Industries.
How are gains on Mueller Industries 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 Mueller Industries price. Paasa issues a capital-gains statement for your return.
Does Mueller Industries pay a dividend, and how is it taxed in India?
Yes. Mueller Industries pays a dividend and the current yield is 1.07%; the last declared dividend was $0.60 per share, about ₹57.55. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Mueller Industries 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 there estate or inheritance tax on Mueller Industries 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 Mueller Industries 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 Mueller Industries holding, its cost and its closing value.
How do I sell Mueller Industries 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.