Martinrea International Inc.
Martinrea International Inc. (TSX: MRE) is trading at CA$10.25, about ₹693 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 0.29% today. Indian residents can buy Martinrea International from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$10.16
Today's high
CA$10.34
52 week low
CA$8.72
52 week high
CA$11.72
MRE opened at CA$10.20, closed previously at CA$10.22, and has traded between CA$8.72 and CA$11.72 over the past 52 weeks.
About
Martinrea International Inc. specializes in the design, development, manufacture, and distribution of a diverse range of metal components, sub-assemblies, fluid management systems, and aluminum products. These offerings primarily cater to the global automotive industry, with significant operations across North America, Europe, and other international markets. The company's extensive product portfolio encompasses critical vehicle systems and components, including: Powertrain and Engine Components: Such as engine blocks, transmissions, cases, housings, oil coolers, various hoses and tube assemblies, oil fillers, indicators, oil pick-up screens and pipes, heater hose inlets/outlets, and electric motor housings. Chassis and Suspension Systems: Like front horizontal, rear suspension, and front vertical modules, as well as suspension arms, links, engine cradles, centre and rear crossmembers, suspension twist axles, aluminum and steel shock towers, control arms, and knuckles. Emission and Exhaust Solutions: Including evaporator system integrity monitors, DPS lines, EGR tubes, air-injection tubes, and exhaust manifold tubes. Fuel Delivery Systems: Ranging from fuel filler necks and capless refueling systems to fuel tank/sender assemblies, vapor and canister hoses, and complete fuel line feed/return assembly systems. HVAC Components: Such as air-conditioning lines and heater core inlet/outlet assemblies. Body and Structural Elements: Comprising frame rail assemblies, surface stampings, structural Body-in-White (BIW) components, roof assemblies, door intrusion beams, bumpers, radiator support assemblies, trailer hitches, dash and plenum assemblies, wheelhouse assemblies, roll-formed rockers and headers, appliqués, and battery trays and housings. Braking and Steering Systems: Including brake lines and assemblies (even graphene brake lines), power steering lines and assemblies, oil fillers, tubes, and indicators. Exterior Decorative Moldings: Such as belt, upper reveal, roof ditch, D-line, and other ornamental moldings. Established in 1987, the company was initially known as Royal Laser Tech Corporation before adopting the name Martinrea International Inc. in June 2002. Its corporate headquarters are located in Vaughan, Canada.
Key statistics
Avg. volume
73.59K
Market cap
CA$726.66M
P/E Ratio
5.99
Price-to-sales ratio
0.15
Enterprise value
CA$1.70B
Free cash flow yield
24.37%
Debt-to-equity ratio
0.71
Return on equity
7.07%
ROIC
8.77%
Beta
1.88
Dividend yield
1.95%
Last dividend
CA$0.20
Financial overview
Revenue
CA$4.82B
Earnings per share
CA$1.47
Free cash flow
CA$183.59M
Net profit margin
2.60%
Gross margin
13.25%
EBITDA
CA$499.29M
Revenue growth
-3.83%
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This is not an investment recommendation
How to buy Martinrea International from India
Indian residents can buy Martinrea International 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 Martinrea International and place an order
Find Martinrea International by name or by its ticker, MRE, and choose an order type. Martinrea International trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Martinrea International 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 Martinrea International from India
Trading and taxes when buying Martinrea International 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. Martinrea International’s current yield is 1.95%.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 Martinrea International stock?
Yes. Martinrea International (MRE) has been listed on the Toronto Stock Exchange since 1998, in the Auto - Parts 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 Martinrea International share cost in rupees?
One Martinrea International share is CA$10.25 — about ₹693 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Martinrea International 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 Martinrea International 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 Martinrea International 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 Martinrea International price. Paasa issues a capital-gains statement for your return.
Does Martinrea International pay a dividend, and how is it taxed in India?
Yes. Martinrea International pays a dividend and the current yield is 1.95%; the last declared dividend was CA$0.20 per share, about ₹13.53. 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 Martinrea International 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 Martinrea International 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 Martinrea International holding, its cost and its closing value.
How do I sell Martinrea International 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 Martinrea International?
Yes. Martinrea International 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.