Mueller Water Products, Inc.
Mueller Water Products, Inc. (NYSE: MWA) is trading at $21.47, about ₹2,062 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.79% today. Indian residents can buy Mueller Water Products from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$21.29
Today's high
$21.73
52 week low
$21.29
52 week high
$31.00
MWA opened at $21.65, closed previously at $21.64, and has traded between $21.29 and $31.00 over the past 52 weeks.
About
Mueller Water Products Inc. (MWA) is a leading provider of products and services crucial for the conveyance, distribution, and precise measurement of water throughout North America and internationally. The company's diverse portfolio serves municipal authorities, as well as the residential and commercial construction industries. Its operations are structured into two primary segments: Infrastructure and Technologies. The Infrastructure division is responsible for manufacturing and supplying a wide range of valves vital for water and gas systems, including varieties such as iron gate, butterfly, tapping, check, knife, plug, automatic control, and ball valves. This segment also produces dry-barrel and wet-barrel fire hydrants, service brass components, and pipe repair solutions like clamps and couplings designed to address leaks. Notable brands in this segment include Canada Valve, Centurion, Ez-Max, Hydro Gate, Hydro-Guard, HYMAX, HYMAX VERSA, Jones, Krausz, Milliken, Mueller, Pratt, Pratt Industrial, Repamax, Repaflex, and Singer. In contrast, the Technologies segment offers advanced solutions for residential and commercial water metering, alongside products, systems, and services for water leak detection and the assessment of pipe conditions. Key brands under the Technologies segment include Echologics, Echoshore, ePulse, Hersey, LeakFinderRT, LeakFinderST, LeakListener, LeakTuner, Mi.Echo, Mi.Data, Mi.Hydrant, Mi.Net, Mueller Systems, and Sentryx. Founded in 1857, Mueller Water Products is headquartered in Atlanta, Georgia.
Key statistics
Avg. volume
1.68M
Market cap
$3.36B
P/E Ratio
15.01
Price-to-sales ratio
2.27
Enterprise value
$4.01B
Free cash flow yield
4.31%
Debt-to-equity ratio
0.40
Return on equity
19.53%
ROIC
12.68%
Beta
1.01
Dividend yield
1.30%
Last dividend
$0.28
Financial overview
Revenue
$1.43B
Earnings per share
$1.23
Free cash flow
$172.00M
Net profit margin
15.02%
Gross margin
37.86%
EBITDA
$300.50M
Revenue growth
8.75%
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This is not an investment recommendation
How to buy Mueller Water Products from India
Indian residents can buy Mueller Water Products 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 Water Products and place an order
Find Mueller Water Products by name or by its ticker, MWA, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Mueller Water Products trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Mueller Water Products 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 Water Products from India
Trading and taxes when buying Mueller Water Products 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 Water Products’ current yield is 1.30%.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 Water Products stock?
Yes. Mueller Water Products (MWA) has been listed on the New York Stock Exchange since 2006, 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. 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 Water Products share cost in rupees?
One Mueller Water Products share is $21.47 — about ₹2,062 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Mueller Water Products 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 Water Products 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 Water Products?
Yes. One Mueller Water Products share is $21.47, 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 Water Products.
How are gains on Mueller Water Products 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 Water Products price. Paasa issues a capital-gains statement for your return.
Does Mueller Water Products pay a dividend, and how is it taxed in India?
Yes. Mueller Water Products pays a dividend and the current yield is 1.30%; the last declared dividend was $0.28 per share, about ₹26.90. 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 Water Products 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 Water Products 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 Water Products 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 Water Products holding, its cost and its closing value.
How do I sell Mueller Water Products 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.