Profound Medical Corp.
Profound Medical Corp. (NASDAQ: PROF) is trading at $5.83, about ₹560 at today's USD/INR rate, as of 29 Sep 2026, 2:20 PM ET, down 1.52% today. Indian residents can buy Profound Medical from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$5.75
Today's high
$5.97
52 week low
$4.80
52 week high
$8.95
PROF opened at $5.97, closed previously at $5.92, and has traded between $4.80 and $8.95 over the past 52 weeks.
About
Profound Medical Corp., through its subsidiaries, is a commercial-stage medical technology firm specializing in the development of magnetic resonance (MR)-guided ablation solutions. These innovative procedures are designed to treat conditions such as prostate disease and uterine fibroids, as well as providing palliative pain relief. The company markets its solutions across Canada, Germany, the United States, and Finland. Its flagship product, the TULSA-PRO system, is specifically designed for use with magnetic resonance imaging (MRI) scanners within hospital settings and other treatment centers. Additionally, Profound Medical offers Sonalleve, a therapeutic platform that addresses uterine fibroids – including through non-invasive methods – and provides palliative relief for pain linked to bone metastases. The company's primary operations are headquartered in Mississauga, Canada.
Key statistics
Avg. volume
100.20K
Market cap
$211.85M
P/E Ratio
-6.01
Price-to-sales ratio
11.17
Enterprise value
$162.59M
Free cash flow yield
-16.41%
Debt-to-equity ratio
0.15
Return on equity
-47.60%
ROIC
-22.70%
Beta
0.53
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$16.38M
Earnings per share
-$1.43
Free cash flow
-$39.05M
Net profit margin
-170.92%
Gross margin
71.73%
EBITDA
-$41.41M
Revenue growth
61.10%
Similar securities
This is not an investment recommendation
How to buy Profound Medical from India
Indian residents can buy Profound Medical 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 Profound Medical and place an order
Find Profound Medical by name or by its ticker, PROF, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Profound Medical trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Profound Medical position in USD and INR. Profound Medical pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Profound Medical from India
Trading and taxes when buying Profound Medical 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
- NoneProfound Medical does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
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 Profound Medical stock?
Yes. Profound Medical (PROF) has been listed on NASDAQ since 2019, in the Medical - Devices 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 Profound Medical share cost in rupees?
One Profound Medical share is $5.83 — about ₹560 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Profound Medical 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 Profound Medical 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 Profound Medical?
Yes. One Profound Medical share is $5.83, 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 Profound Medical.
How are gains on Profound Medical 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 Profound Medical price. Paasa issues a capital-gains statement for your return.
Does Profound Medical pay a dividend?
No. Profound Medical does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Profound Medical from India?
NASDAQ 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 Profound Medical a United States company, and does that change how it is taxed?
Profound Medical trades on NASDAQ in US dollars, but the company is domiciled in Canada. Profound Medical trades as an ordinary share listed directly in the US, not a depositary receipt. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Profound Medical 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 Profound Medical holding, its cost and its closing value.
How do I sell Profound Medical 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.