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Douglas Dynamics, Inc.

$39.74Last updated
+$0.01 (0.03%)Past day
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Douglas Dynamics, Inc. (NYSE: PLOW) is trading at $39.74, about ₹3,812 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.03% today. Indian residents can buy Douglas Dynamics from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$39.95
Previous close:$39.73
Volume:105.99K

Today's low

$39.51

Today's high

$40.10

52 week low

$28.52

52 week high

$55.00

PLOW opened at $39.95, closed previously at $39.73, and has traded between $28.52 and $55.00 over the past 52 weeks.

About

Douglas Dynamics, Inc. is a North American firm specializing in the production and customization of equipment and accessories for commercial work trucks. The company's operations are divided into two primary segments: Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments division designs, manufactures, and sells a variety of snow and ice control implements, including plows and sand/salt spreaders, suitable for both light and heavy-duty trucks, along with various associated parts and accessories. Products in this segment are sold under brand names such as BLIZZARD, FISHER, SNOWEX, WESTERN, TURFEX, and SWEEPEX. The Work Truck Solutions segment, conversely, focuses on supplying products for municipal snow and ice management. It also provides comprehensive truck and vehicle upfitting services, installing specialized equipment, truck bodies, racking, and storage systems onto vehicle chassis for diverse work-related applications. Additionally, this segment produces storage solutions for trucks and vans, as well as cable pulling equipment, and delivers customized turnkey solutions to governmental bodies like Departments of Transportation and municipalities. Key brands here include HENDERSON, BRINEXTREME, and DEJANA. Douglas Dynamics primarily serves professional snow removal contractors engaged in clearing commercial and residential areas. Founded in 1948, the company's headquarters are located in Milwaukee, Wisconsin.

Country
US
CEO
Mark Van Genderen
Exchange listed on
NYSE
Industry
Industrial - Machinery
Base currency
USD
Full Time Employees
1,764
Sector
Industrials
IPO date
05/05/2010

Key statistics

Avg. volume

246.11K

Market cap

$919.00M

P/E Ratio

17.74

Price-to-sales ratio

1.31

Enterprise value

$1.21B

Free cash flow yield

5.32%

Debt-to-equity ratio

0.97

Return on equity

18.51%

ROIC

9.36%

Beta

1.21

Dividend yield

2.97%

Last dividend

$1.18

Financial overview

Revenue

$656.05M

Earnings per share

$2.03

Free cash flow

$63.56M

Net profit margin

7.52%

Gross margin

27.29%

EBITDA

$88.98M

Revenue growth

15.40%

Similar securities

This is not an investment recommendation

How to buy Douglas Dynamics from India

Indian residents can buy Douglas Dynamics 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 Douglas Dynamics and place an order

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

  4. Track holdings and download tax reports

    Follow your Douglas Dynamics 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 Douglas Dynamics from India

Trading and taxes when buying Douglas Dynamics 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. Douglas Dynamics’ current yield is 2.97%.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 Douglas Dynamics stock?

Yes. Douglas Dynamics (PLOW) has been listed on the New York Stock Exchange since 2010, 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 Douglas Dynamics share cost in rupees?

One Douglas Dynamics share is $39.74 — about ₹3,812 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the Douglas Dynamics 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 Douglas Dynamics 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 Douglas Dynamics?

Yes. One Douglas Dynamics share is $39.74, 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 Douglas Dynamics.

How are gains on Douglas Dynamics 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 Douglas Dynamics price. Paasa issues a capital-gains statement for your return.

Does Douglas Dynamics pay a dividend, and how is it taxed in India?

Yes. Douglas Dynamics pays a dividend and the current yield is 2.97%; the last declared dividend was $1.18 per share, about ₹113.19. 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 Douglas Dynamics 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 Douglas Dynamics 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 Douglas Dynamics 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 Douglas Dynamics holding, its cost and its closing value.

How do I sell Douglas Dynamics 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.