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MSMNYSEMarket closedOpens 9:30am ET

MSC Industrial Direct Co., Inc.

$124.55Last updated
+$2.41 (1.97%)Past day
Timezone

MSC Industrial Direct Co., Inc. (NYSE: MSM) is trading at $124.55, about ₹11,964 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, up 1.97% today. Indian residents can buy MSC Industrial Direct from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$122.18
Previous close:$122.14
Volume:818.39K

Today's low

$121.64

Today's high

$124.93

52 week low

$78.80

52 week high

$130.46

MSM opened at $122.18, closed previously at $122.14, and has traded between $78.80 and $130.46 over the past 52 weeks.

About

MSC Industrial Direct Co., Inc., along with its affiliated entities, specializes in the distribution of industrial supplies, primarily focusing on metalworking, maintenance, repair, and operations (MRO) products and services. Its market reach spans the United States, Canada, Mexico, and the United Kingdom. The company's extensive catalog of MRO products encompasses a wide array of items, including cutting implements, precision measuring devices, specialized tooling components, various metalworking goods, fasteners, sheet and bar stock, raw materials, abrasive products, a diverse selection of machinery, hand, and power tools, essential safety and janitorial provisions, plumbing fixtures, materials handling equipment, power transmission parts, and electrical components. Offering approximately 1.9 million distinct stock-keeping units (SKUs), MSC Industrial Direct provides access to its offerings through multiple channels. These include traditional catalogs and brochures, comprehensive e-commerce platforms (such as its flagship website, mscdirect.com), advanced inventory management solutions for clients, and direct interaction via call centers and local branches. Its robust operational infrastructure features a distribution network comprising 28 branch offices, 11 customer fulfillment centers, and seven regional inventory centers. MSC serves a diverse clientele, ranging from independent machine shops and major Fortune 1000 manufacturing corporations to governmental agencies and manufacturers of all scales. Established in 1941, MSC Industrial Direct Co., Inc. maintains its corporate headquarters in Melville, New York.

Country
US
CEO
Martina McIsaac
Exchange listed on
NYSE
Industry
Industrial - Distribution
Base currency
USD
Full Time Employees
7,181
Sector
Industrials
IPO date
15/12/1995

Key statistics

Avg. volume

726.26K

Market cap

$6.96B

P/E Ratio

30.08

Price-to-sales ratio

1.78

Enterprise value

$5.52B

Free cash flow yield

4.79%

Debt-to-equity ratio

0.39

Return on equity

14.36%

ROIC

11.37%

Beta

0.82

Dividend yield

2.79%

Last dividend

$3.48

Financial overview

Revenue

$3.77B

Earnings per share

$3.57

Free cash flow

$240.88M

Net profit margin

5.90%

Gross margin

40.82%

EBITDA

$377.82M

Revenue growth

-1.35%

Similar securities

This is not an investment recommendation

How to buy MSC Industrial Direct from India

Indian residents can buy MSC Industrial Direct 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 MSC Industrial Direct and place an order

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

  4. Track holdings and download tax reports

    Follow your MSC Industrial Direct 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 MSC Industrial Direct from India

Trading and taxes when buying MSC Industrial Direct 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. MSC Industrial Direct’s current yield is 2.79%.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 MSC Industrial Direct stock?

Yes. MSC Industrial Direct (MSM) has been listed on the New York Stock Exchange since 1995, in the Industrial - Distribution 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 MSC Industrial Direct share cost in rupees?

One MSC Industrial Direct share is $124.55 — about ₹11,964 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the MSC Industrial Direct 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 MSC Industrial Direct 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 MSC Industrial Direct with less than the price of one share?

Yes. A whole MSC Industrial Direct share is $124.55, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.

How are gains on MSC Industrial Direct 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 MSC Industrial Direct price. Paasa issues a capital-gains statement for your return.

Does MSC Industrial Direct pay a dividend, and how is it taxed in India?

Yes. MSC Industrial Direct pays a dividend and the current yield is 2.79%; the last declared dividend was $3.48 per share, about ₹334.29. 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 MSC Industrial Direct 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 MSC Industrial Direct 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 MSC Industrial Direct 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 MSC Industrial Direct holding, its cost and its closing value.

How do I sell MSC Industrial Direct 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.