Mersen S.A.
Mersen S.A. (PAR: MRN) is trading at €41.92, about ₹4,566 at today's EUR/INR rate, as of 30 Sep 2026, 7:02 AM ET, down 0.29% today. Indian residents can buy Mersen from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€41.58
Today's high
€42.58
52 week low
€20.35
52 week high
€45.36
MRN opened at €42.28, closed previously at €42.04, and has traded between €20.35 and €45.36 over the past 52 weeks.
About
Mersen S.A., an enterprise founded in Courbevoie, France, in 1889, is a global manufacturer and distributor of advanced materials and specialized electrical power products. Its operations span France, North America, Europe, the Asia-Pacific region, and other international markets, structured around two primary segments: Advanced Materials and Electrical Power. The Electrical Power segment provides a comprehensive suite of solutions, featuring electrical protection and control devices such as various low, medium, and high-voltage fuses (including general-purpose, high-speed, and DC protection for electric vehicles and batteries), power transfer systems for railway applications, surge and lightning protection, and power monitoring technologies. This division also supplies power management components like cooling solutions, bus bars, and aluminum electrolytic and film capacitors. Within its Advanced Materials segment, Mersen produces a wide array of anticorrosion equipment, encompassing heat exchangers, columns, reactors, pressure vessels, and various PTFE/PFA components (bellows, pipes, fittings), alongside graphite bursting discs and other corrosion-resistant materials, supported by after-sales and maintenance services. This segment also specializes in graphite products, including isostatic, extruded, and flexible graphite, carbon insulation, carbon/carbon composites, and silicon carbide. Furthermore, Mersen manufactures diverse carbon-based components crucial for power and signal transmission, such as carbon brushes, brush-holders, rotary joints, current collectors, and complete slip and electrical ring assemblies, in addition to wheel flange lubrication and carbon dust collection systems. Mersen's extensive product portfolio serves a broad spectrum of industries, including energy, electronics, transportation, corrosive chemicals, process industries, and specialized sectors such as building infrastructure, elevators, ski lifts, defense, HVAC, and outdoor LED lighting. The company previously operated as Groupe Carbone Lorraine SA before rebranding to Mersen SA in 2010.
Key statistics
Avg. volume
55.44K
Market cap
€1.02B
P/E Ratio
64.49
Price-to-sales ratio
0.86
Enterprise value
€976.81M
Free cash flow yield
6.75%
Debt-to-equity ratio
0.65
Return on equity
1.80%
ROIC
3.52%
Beta
1.62
Dividend yield
2.15%
Last dividend
€0.90
Financial overview
Revenue
€1.19B
Earnings per share
€0.58
Free cash flow
€35.70M
Net profit margin
1.31%
Gross margin
29.94%
EBITDA
€194.10M
Revenue growth
-4.60%
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This is not an investment recommendation
How to buy Mersen from India
Indian residents can buy Mersen 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 EUR.
Search for Mersen and place an order
Find Mersen by name or by its ticker, MRN, and choose an order type. Mersen trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Mersen position in EUR 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 Mersen from India
Trading and taxes when buying Mersen from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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. Mersen’s current yield is 2.15%.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 Mersen stock?
Yes. Mersen (MRN) has been listed on Euronext Paris since 2000, in the Electrical Equipment & 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Mersen share cost in rupees?
One Mersen share is €41.92 — about ₹4,566 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the Mersen 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 Mersen 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 Mersen 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Mersen price. Paasa issues a capital-gains statement for your return.
Does Mersen pay a dividend, and how is it taxed in India?
Yes. Mersen pays a dividend and the current yield is 2.15%; the last declared dividend was €0.90 per share, about ₹98.02. 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 Mersen from India?
Euronext Paris trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when France is on standard time. Orders can only execute during that window.
Do I have to declare Mersen 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 Mersen holding, its cost and its closing value.
How do I sell Mersen and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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 Mersen?
Yes. Mersen is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.