Roots Corporation
Roots Corporation (TSX: ROOT) is trading at CA$4.09, about ₹279 at today's CAD/INR rate, as of 25 Sep 2026, 9:38 AM ET, down 0.49% today. Indian residents can buy Roots from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$4.07
Today's high
CA$4.09
52 week low
CA$2.82
52 week high
CA$4.70
ROOT opened at CA$4.07, closed previously at CA$4.09, and has traded between CA$2.82 and CA$4.70 over the past 52 weeks.
About
Roots Corporation, through its associated entities, specializes in the development, promotion, and retail of apparel, leather products, footwear, and various accessories. These offerings are available under the distinctive Roots brand, serving customers both domestically in Canada and worldwide. The company's business model is bifurcated into two primary divisions: Direct-To-Consumer and Partners and Other. The Direct-To-Consumer segment facilitates sales directly to customers via its own physical retail outlets and digital e-commerce channels. Conversely, the Partners and Other segment manages the wholesale supply of Roots-branded items to its international operational partners, licensed distributors, and other bulk purchasers. As of January 29, 2022, Roots Corporation oversaw 107 corporate-owned stores in Canada, two in the United States, and roughly 100 partner-operated locations throughout Asia, along with a dedicated e-commerce platform for Taiwan at www.roots.com.tw. Established in 1973, the company's corporate headquarters are situated in Toronto, Canada.
Key statistics
Avg. volume
18.01K
Market cap
CA$160.38M
P/E Ratio
232.39
Price-to-sales ratio
0.57
Enterprise value
CA$263.19M
Free cash flow yield
14.77%
Debt-to-equity ratio
0.74
Return on equity
0.59%
ROIC
2.20%
Beta
0.53
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$277.68M
Earnings per share
CA$0.12
Free cash flow
CA$25.42M
Net profit margin
0.31%
Gross margin
49.67%
EBITDA
CA$42.38M
Revenue growth
5.61%
Similar securities
This is not an investment recommendation
How to buy Roots from India
Indian residents can buy Roots 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 Roots and place an order
Find Roots by name or by its ticker, ROOT, and choose an order type. Roots trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Roots position in CAD and INR. Roots 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 Roots from India
Trading and taxes when buying Roots 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
- NoneRoots 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, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Roots stock?
Yes. Roots (ROOT) has been listed on the Toronto Stock Exchange since 2017, in the Apparel - Retail 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 Roots share cost in rupees?
One Roots share is CA$4.09 — about ₹279 at a CAD/INR rate of 68.10 on 24 Sep 2026. Both the Roots 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 Roots 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 Roots 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 Roots price. Paasa issues a capital-gains statement for your return.
Does Roots pay a dividend?
No. Roots 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 Roots 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 Roots 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 Roots holding, its cost and its closing value.
How do I sell Roots 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 Roots?
Yes. Roots 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.