South32 Limited
South32 Limited (LSE: S32) is trading at £2.60, about ₹331 at today's GBP/INR rate, as of 25 Sep 2026, 11:29 AM ET, up 0.31% today. Indian residents can buy South32 from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£2.58
Today's high
£2.64
52 week low
£1.28
52 week high
£2.82
S32 opened at £2.58, closed previously at £2.60, and has traded between £1.28 and £2.82 over the past 52 weeks.
About
South32 Limited operates as a diversified natural resources enterprise, involved in the mining and production of a wide array of metals and minerals. The company's extensive operations are geographically spread across Australia, Southern Africa, North America, and South America. It manages a significant portfolio of assets, which includes facilities like Worsley Alumina, Hillside Aluminium, Mozal Aluminium, Brazil Alumina, various metallurgical and energy coal mines, manganese operations, Cerro Matoso, Cannington, and Hermosa. Its diverse product offerings encompass alumina, aluminum, bauxite, both energy and metallurgical coal, manganese ore and alloys, ferronickel, as well as other base metals such as silver, lead, and zinc. Beyond its production, South32 is also a global exporter of its commodities. Additionally, the company holds a strategic exploration alliance with AusQuest Limited, focusing on gold-copper prospects at the Gunanya Project. Incorporated in 2000 and based in Perth, Australia, South32 Limited was previously known as BHP Coal Holdings Pty Limited.
Key statistics
Avg. volume
513.59K
Market cap
£11.67B
P/E Ratio
14.51
Price-to-sales ratio
2.68
Enterprise value
$15.33B
Free cash flow yield
10.31%
Debt-to-equity ratio
0.19
Return on equity
11.30%
ROIC
4.90%
Beta
0.70
Dividend yield
2.63%
Last dividend
£0.05
Financial overview
Revenue
$5.82B
Earnings per share
$0.24
Free cash flow
$500.00M
Net profit margin
18.37%
Gross margin
14.57%
EBITDA
$1.23B
Revenue growth
0.62%
Similar securities
This is not an investment recommendation
How to buy South32 from India
Indian residents can buy South32 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 GBP.
Search for South32 and place an order
Find South32 by name or by its ticker, S32, and choose an order type. South32 trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your South32 position in GBP 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 South32 from India
Trading and taxes when buying South32 from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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. South32’s current yield is 2.63%.Dividend tax explained
- Transaction tax
- The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy South32 stock?
Yes. South32 (S32) has been listed on the London Stock Exchange since 2015, in the Industrial Materials 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 GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one South32 share cost in rupees?
One South32 share is £2.60 — about ₹331 at a GBP/INR rate of 127.01 on 24 Sep 2026. Both the South32 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 South32 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 South32 shares taxed in India?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares, 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 GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the South32 price. Paasa issues a capital-gains statement for your return.
Does South32 pay a dividend, and how is it taxed in India?
Yes. South32 pays a dividend and the current yield is 2.63%; the last declared dividend was £0.05 per share, about ₹6.12. 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 South32 from India?
The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
Is South32 a United Kingdom company, and does that change how it is taxed?
South32 trades on the London Stock Exchange in GBP, but the company is domiciled in Australia. South32 trades as an ordinary share listed directly in the UK, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Are there transaction taxes when buying South32?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.
Do I have to declare South32 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 South32 holding, its cost and its closing value.
How do I sell South32 and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP 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.