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PWF-PZTSXMarket closedOpens 9:30am ET

Power Financial Corporation

CA$21.76Last updated
-CA$0.30 (1.36%)Past day
Timezone

Power Financial Corporation (TSX: PWF-PZ) is trading at CA$21.76, about ₹1,472 at today's CAD/INR rate, as of 29 Sep 2026, 3:55 PM ET, down 1.36% today. Indian residents can buy Power Financial from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$21.81
Previous close:CA$22.06
Volume:2.90K

Today's low

CA$21.71

Today's high

CA$21.85

52 week low

CA$21.71

52 week high

CA$23.69

PWF-PZ opened at CA$21.81, closed previously at CA$22.06, and has traded between CA$21.71 and CA$23.69 over the past 52 weeks.

About

Power Financial Corporation, an international management and holding company, provides financial and asset management services in Canada and internationally. It offers life, disability, critical illness, accidental death, dismemberment, health, dental protection, and creditor insurance products; retirement and investment management services; reinsurance; financial planning, investment advisory, and related financial services; and wealth savings, income, annuity, and speciality products. The company also provides employer-sponsored defined contribution plan, enrollment, communication material, investments, education, individual retirement and taxable brokerage account, fund management, and advisory services. Further, the company provides inspection, verification, testing, and certification solutions; cement, aggregate, and concrete products; wines and spirits; and mineral-based speciality, precious metals, materials technology and recycling, personal hygiene, business process outsourcing, advanced diagnostics and outpatient, ophthalmology, and project management services. Additionally, it designs, develops, produces, and distributes sporting goods; supplies equipment; produces salmon; manufactures bicycles; develops and publishes mobile games; and operates leisure parks and digital investing platforms. Power Financial Corporation was formerly known as 280 Broadway Holding Corp. The company was incorporated in 1995 and is based in Montreal, Canada, with an additional office in Toronto, Canada. Power Financial Corporation operates as a subsidiary of Power Corporation of Canada.

Country
CA
CEO
James O'Sullivan
Exchange listed on
TSX
Industry
Financial - Conglomerates
Base currency
CAD
Full Time Employees
38,000
Sector
Financial Services
IPO date
26/05/2017

Key statistics

Avg. volume

3.00K

Market cap

CA$19.01B

P/E Ratio

0.00

Price-to-sales ratio

0.40

Enterprise value

CA$3.04B

Free cash flow yield

0.00%

Debt-to-equity ratio

0.45

Return on equity

10.10%

ROIC

1.95%

Beta

0.55

Dividend yield

5.92%

Last dividend

CA$1.29

Financial overview

Revenue

CA$47.80B

Earnings per share

CA$0.00

Free cash flow

CA$5.25B

Net profit margin

4.40%

Gross margin

26.76%

EBITDA

CA$4.69B

Revenue growth

1.65%

Similar securities

This is not an investment recommendation

How to buy Power Financial from India

Indian residents can buy Power Financial 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 and then to CAD.

  3. Search for Power Financial and place an order

    Find Power Financial by name or by its ticker, PWF-PZ, and choose an order type. Power Financial trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Power Financial 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 Power Financial from India

Trading and taxes when buying Power Financial 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. Power Financial’s current yield is 5.92%.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 Power Financial stock?

Yes. Power Financial (PWF-PZ) has been listed on the Toronto Stock Exchange since 2017, in the Financial - Conglomerates 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 Power Financial share cost in rupees?

One Power Financial share is CA$21.76 — about ₹1,472 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Power Financial 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 Power Financial 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 Power Financial 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 Power Financial price. Paasa issues a capital-gains statement for your return.

Does Power Financial pay a dividend, and how is it taxed in India?

Yes. Power Financial pays a dividend and the current yield is 5.92%; the last declared dividend was CA$1.29 per share, about ₹87.10. 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 Power Financial 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 Power Financial 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 Power Financial holding, its cost and its closing value.

How do I sell Power Financial 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 Power Financial?

Yes. Power Financial 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.