NORMA Group SE
NORMA Group SE (XETRA: NOEJ) is trading at €17.44, about ₹1,899 at today's EUR/INR rate, as of 30 Sep 2026, 9:26 AM ET, up 1.16% today. Indian residents can buy NORMA from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€16.90
Today's high
€17.44
52 week low
€12.48
52 week high
€21.15
NOEJ opened at €16.90, closed previously at €17.24, and has traded between €12.48 and €21.15 over the past 52 weeks.
About
NORMA Group SE, along with its subsidiaries, specializes in manufacturing and distributing engineered joining technology solutions worldwide, spanning Europe, the Middle East, Africa, the Americas, and Asia-Pacific. Their product range includes essential items such as quick connectors, hose clamps, retaining clamps, and pipe couplings. The company serves a diverse clientele, from distributors and original equipment manufacturer aftermarket customers to technical wholesalers and hardware stores, leveraging an extensive sales network that encompasses distribution channels, representatives, retailers, and importers. These offerings are available under a portfolio of recognized brands, including ABA, Breeze, Clamp-All, CONNECTORS, FISH, Gemi, Kimplas, NDS, NORMA, Raindrip, R.G.RAY, Serflex, TORCA, and TRUSTLENE. Additionally, NORMA Group provides solutions for water management, thermal management in e-mobility, and components for both commercial and passenger vehicles. Founded in 1896, the company's headquarters are located in Maintal, Germany.
Key statistics
Avg. volume
89.34K
Market cap
€555.68M
P/E Ratio
2.44
Price-to-sales ratio
0.83
Enterprise value
€769.10M
Free cash flow yield
10.20%
Debt-to-equity ratio
0.13
Return on equity
-14.50%
ROIC
-7.82%
Beta
0.63
Dividend yield
0.80%
Last dividend
€0.14
Financial overview
Revenue
€821.66M
Earnings per share
-€2.57
Free cash flow
€47.39M
Net profit margin
34.14%
Gross margin
25.21%
EBITDA
€21.16M
Revenue growth
-28.87%
Similar securities
This is not an investment recommendation
How to buy NORMA from India
Indian residents can buy NORMA 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 NORMA and place an order
Find NORMA by name or by its ticker, NOEJ, and choose an order type. NORMA trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your NORMA 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 NORMA from India
Trading and taxes when buying NORMA 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. NORMA’s current yield is 0.80%.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 NORMA stock?
Yes. NORMA (NOEJ) has been listed on XETRA since 2011, 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 NORMA share cost in rupees?
One NORMA share is €17.44 — about ₹1,899 at an EUR/INR rate of 108.91 on 29 Sep 2026. Both the NORMA 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 NORMA 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 NORMA 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 NORMA price. Paasa issues a capital-gains statement for your return.
Does NORMA pay a dividend, and how is it taxed in India?
Yes. NORMA pays a dividend and the current yield is 0.80%; the last declared dividend was €0.14 per share, about ₹15.25. 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 NORMA from India?
XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
Do I have to declare NORMA 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 NORMA holding, its cost and its closing value.
How do I sell NORMA 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 NORMA?
Yes. NORMA 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.