Manitou BF S.A.
Manitou BF S.A. (PAR: MTU) is trading at €20.65, about ₹2,256 at today's EUR/INR rate, as of 28 Sep 2026, 11:35 AM ET, down 0.24% today. Indian residents can buy Manitou BF from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€20.60
Today's high
€21.05
52 week low
€16.90
52 week high
€24.35
MTU opened at €20.80, closed previously at €20.70, and has traded between €16.90 and €24.35 over the past 52 weeks.
About
Manitou BF SA is a worldwide provider, engaged in the design, development, manufacture, and distribution of equipment and related services for the construction, agricultural, and industrial sectors. The company's operations are structured into three distinct divisions: Material Handling and Access, Compact Equipment, and Services & Solutions. Its extensive product portfolio features a variety of machinery, including telehandlers designed for construction, agricultural, rotating, and rough-terrain applications; diverse loaders such as articulated, compact, backhoe, skid-steer, and track models; mobile elevating work platforms; and a broad selection of material handling equipment like warehousing units, standard forklift trucks, and specialized truck-mounted, rough-terrain, and industrial forklifts. Beyond its core machines, Manitou also supplies a comprehensive range of attachments, such as buckets, clamps, various fork handling solutions, grapples, jibs, work platforms, skips, sweepers, and specialized mining accessories. Furthermore, the company delivers a robust suite of services, including financing options, extended warranties, maintenance contracts, spare parts, connected digital solutions, diagnostic tools, and professional training programs. Manitou caters to a wide array of sectors globally, including agriculture, construction, general industry, aeronautics, defense, environmental management, equipment renters, mining, and the oil & gas industry. Its products are distributed through an extensive international network of dealers, marketed under the Manitou, Gehl, and Mustang by Manitou brands. Established in 1954, Manitou BF SA maintains its headquarters in Ancenis, France.
Key statistics
Avg. volume
13.11K
Market cap
€790.20M
P/E Ratio
9.06
Price-to-sales ratio
0.29
Enterprise value
€1.02B
Free cash flow yield
22.24%
Debt-to-equity ratio
0.32
Return on equity
8.83%
ROIC
9.09%
Beta
1.44
Dividend yield
3.63%
Last dividend
€0.75
Financial overview
Revenue
€2.56B
Earnings per share
€1.79
Free cash flow
€216.49M
Net profit margin
3.20%
Gross margin
17.80%
EBITDA
€221.88M
Revenue growth
-3.45%
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This is not an investment recommendation
How to buy Manitou BF from India
Indian residents can buy Manitou BF 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 Manitou BF and place an order
Find Manitou BF by name or by its ticker, MTU, and choose an order type. Manitou BF trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Manitou BF 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 Manitou BF from India
Trading and taxes when buying Manitou BF 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. Manitou BF’s current yield is 3.63%.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 Manitou BF stock?
Yes. Manitou BF (MTU) has been listed on Euronext Paris since 2000, in the Industrial - Machinery 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 Manitou BF share cost in rupees?
One Manitou BF share is €20.65 — about ₹2,256 at an EUR/INR rate of 109.26 on 27 Sep 2026. Both the Manitou BF 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 Manitou BF 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 Manitou BF 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 Manitou BF price. Paasa issues a capital-gains statement for your return.
Does Manitou BF pay a dividend, and how is it taxed in India?
Yes. Manitou BF pays a dividend and the current yield is 3.63%; the last declared dividend was €0.75 per share, about ₹81.94. 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 Manitou BF 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 Manitou BF 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 Manitou BF holding, its cost and its closing value.
How do I sell Manitou BF 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 Manitou BF?
Yes. Manitou BF 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.