Ferrari N.V.
Ferrari N.V. (NYSE: RACE) is trading at $395.56, about ₹37,997 at today's USD/INR rate, as of 30 Sep 2026, 10:26 AM ET, down 1.61% today. Indian residents can buy Ferrari from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$394.61
Today's high
$398.64
52 week low
$312.51
52 week high
$504.49
RACE opened at $398.53, closed previously at $402.05, and has traded between $312.51 and $504.49 over the past 52 weeks.
About
Ferrari N.V. is a renowned automotive manufacturer primarily engaged in the creation, engineering, production, and sale of an exclusive range of high-performance luxury automobiles. Its extensive vehicle lineup features diverse models, including traditional sports cars, Grand Tourers (GTs), specialized series editions, ultra-exclusive limited-edition hypercars, bespoke one-off vehicles, track-specific designs, and its distinctive Icona series. Beyond car manufacturing, the company also supplies motorsport vehicles, essential components like spare parts and engines, and delivers comprehensive after-sales services such as vehicle repair, maintenance, and restoration. Expanding its brand influence, Ferrari N.V. strategically licenses its iconic marque to various producers and retailers of upscale lifestyle merchandise. This also extends to prominent leisure destinations, including the Ferrari World theme park in Abu Dhabi, UAE, and Ferrari Land Portaventura in Europe. The company further diversifies its operations by offering direct and indirect financing and leasing solutions to both individual customers and dealership partners. Additionally, Ferrari N.V. oversees the management of racetracks, curates and maintains two dedicated museums in Maranello and Modena, Italy, and markets its own collection of branded apparel and accessories through specialized monobrand boutiques. As of December 31, 2021, Ferrari's global retail presence comprised 30 branded stores, with 14 operating as franchised outlets and 16 as company-owned locations. Its products are also distributed globally through a network of 172 authorized dealers, collectively operating 191 sales points, and are available for purchase directly via its official e-commerce platform, store.ferrari.com. Established in 1947, Ferrari N.V. maintains its headquarters in Maranello, Italy.
Key statistics
Avg. volume
507.72K
Market cap
$69.59B
P/E Ratio
37.71
Price-to-sales ratio
8.33
Enterprise value
€57.50B
Free cash flow yield
4.74%
Debt-to-equity ratio
0.87
Return on equity
40.87%
ROIC
19.82%
Beta
0.60
Dividend yield
1.04%
Last dividend
$4.25
Financial overview
Revenue
€7.15B
Earnings per share
€8.96
Free cash flow
€2.66B
Net profit margin
22.27%
Gross margin
51.62%
EBITDA
€2.77B
Revenue growth
7.03%
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This is not an investment recommendation
How to buy Ferrari from India
Indian residents can buy Ferrari 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 Ferrari and place an order
Find Ferrari by name or by its ticker, RACE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Ferrari trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Ferrari 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 Ferrari from India
Trading and taxes when buying Ferrari 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. Ferrari’s current yield is 1.04%.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 Ferrari stock?
Yes. Ferrari (RACE) has been listed on the New York Stock Exchange since 2015, in the Auto - Manufacturers 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 Ferrari share cost in rupees?
One Ferrari share is $395.56 — about ₹37,997 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Ferrari 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 Ferrari 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 Ferrari with less than the price of one share?
Yes. A whole Ferrari share is $395.56, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Ferrari 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 Ferrari price. Paasa issues a capital-gains statement for your return.
Does Ferrari pay a dividend, and how is it taxed in India?
Yes. Ferrari pays a dividend and the current yield is 1.04%; the last declared dividend was $4.25 per share, about ₹408.08. 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 Ferrari 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 Ferrari a United States company, and does that change how it is taxed?
Ferrari trades on the New York Stock Exchange in US dollars, but the company is domiciled in Italy. Ferrari 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 Ferrari 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 Ferrari holding, its cost and its closing value.
How do I sell Ferrari 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.