Pason Systems Inc.
Pason Systems Inc. (TSX: PSI) is trading at CA$14.13, about ₹962 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 1.26% today. Indian residents can buy Pason Systems from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$14.02
Today's high
CA$14.52
52 week low
CA$11.33
52 week high
CA$15.47
PSI opened at CA$14.31, closed previously at CA$14.31, and has traded between CA$11.33 and CA$15.47 over the past 52 weeks.
About
Pason Systems Inc., founded in Calgary, Canada, in 1978, is an energy technology and services provider specializing in data management systems for drilling rigs. Serving exploration and production operators, drilling contractors, and other oilfield service firms globally, Pason's comprehensive suite of tools enhances operational efficiency and safety. Their core offerings include the Electronic Drilling Recorder for on-site operation monitoring and data capture, complemented by DataHub for secure storage and on-demand retrieval. DataLink facilitates direct integration with IT systems and analytics platforms, while Pason Live enables real-time rig oversight from various devices, supported by insightful daily and end-of-well KPI performance reports. Pason also provides advanced drilling intelligence features that suggest optimal parameters, detect potential dysfunctions, and issue immediate alerts to both field personnel and remote engineers. Furthermore, the company is a leader in drilling automation across diverse rig platforms. For environmental and fluid management, Pason offers the Gas Analyzer for precise, real-time gas measurement, alongside a robust array of alarms and sensors to monitor atmospheric and drilling fluid gases. The Pit Volume Totalizer meticulously tracks drilling fluid volumes, gains, and losses on location. Rounding out its services, Pason delivers essential field support, continuous monitoring, drilling optimization guidance, and comprehensive office assistance for data integration.
Key statistics
Avg. volume
277.58K
Market cap
CA$1.10B
P/E Ratio
23.16
Price-to-sales ratio
2.65
Enterprise value
CA$1.05B
Free cash flow yield
4.46%
Debt-to-equity ratio
0.06
Return on equity
9.71%
ROIC
10.67%
Beta
0.68
Dividend yield
3.68%
Last dividend
CA$0.52
Financial overview
Revenue
CA$419.27M
Earnings per share
CA$0.68
Free cash flow
CA$65.91M
Net profit margin
11.53%
Gross margin
43.95%
EBITDA
CA$142.90M
Revenue growth
1.24%
Similar securities
This is not an investment recommendation
How to buy Pason Systems from India
Indian residents can buy Pason Systems 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 CAD.
Search for Pason Systems and place an order
Find Pason Systems by name or by its ticker, PSI, and choose an order type. Pason Systems trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Pason Systems position in CAD 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 Pason Systems from India
Trading and taxes when buying Pason Systems 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. Pason Systems’ current yield is 3.68%.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 Pason Systems stock?
Yes. Pason Systems (PSI) has been listed on the Toronto Stock Exchange since 1998, in the Oil & Gas Equipment & Services 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Pason Systems share cost in rupees?
One Pason Systems share is CA$14.13 — about ₹962 at a CAD/INR rate of 68.10 on 24 Sep 2026. Both the Pason Systems 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 Pason Systems 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 Pason Systems 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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Pason Systems price. Paasa issues a capital-gains statement for your return.
Does Pason Systems pay a dividend, and how is it taxed in India?
Yes. Pason Systems pays a dividend and the current yield is 3.68%; the last declared dividend was CA$0.52 per share, about ₹35.41. 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 Pason Systems from India?
The Toronto 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 Canada is on standard time. Orders can only execute during that window.
Do I have to declare Pason Systems 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 Pason Systems holding, its cost and its closing value.
How do I sell Pason Systems and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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 Pason Systems?
Yes. Pason Systems is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.