Sanmina Corporation
Sanmina Corporation (NASDAQ: SANM) is trading at $221.83, about ₹21,311 at today's USD/INR rate, as of 29 Sep 2026, 10:20 AM ET, up 0.80% today. Indian residents can buy Sanmina from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$220.03
Today's high
$224.65
52 week low
$111.52
52 week high
$288.68
SANM opened at $223.69, closed previously at $220.06, and has traded between $111.52 and $288.68 over the past 52 weeks.
About
Sanmina Corporation delivers comprehensive manufacturing services, encompassing components, finished goods, repair, supply chain management, and post-sale support on a global scale. Its operations are structured into two principal divisions: Integrated Manufacturing Solutions, and Components, Products and Services. The company's extensive service portfolio includes product ideation and engineering – from initial concept development and detailed design to prototyping, validation, pre-production, manufacturing readiness, and ultimate product industrialization. Furthermore, Sanmina provides assembly and testing, direct order shipping and logistics, post-market product maintenance and assistance, and end-to-end supply chain oversight. It also undertakes the production of individual components, subassemblies, and complete systems. Beyond these services, Sanmina offers a range of specialized products like interconnect systems (e.g., printed circuit boards, backplanes, cable assemblies, plastic injection molded parts), mechanical systems (such as custom enclosures and precision-machined components), advanced solutions in memory, storage, radio frequency, optics, and microelectronics, along with defense and aerospace-specific items, and cloud-enabled manufacturing execution software. The company primarily caters to original equipment manufacturers across diverse sectors, including industrial, healthcare, defense and aviation, automotive, telecommunications, and cloud computing. Established in 1980, Sanmina Corporation maintains its corporate headquarters in San Jose, California.
Key statistics
Avg. volume
927.50K
Market cap
$11.89B
P/E Ratio
38.87
Price-to-sales ratio
0.93
Enterprise value
$12.46B
Free cash flow yield
5.00%
Debt-to-equity ratio
0.95
Return on equity
12.57%
ROIC
8.27%
Beta
1.60
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$8.13B
Earnings per share
$4.56
Free cash flow
$473.30M
Net profit margin
2.41%
Gross margin
9.01%
EBITDA
$463.19M
Revenue growth
7.40%
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This is not an investment recommendation
How to buy Sanmina from India
Indian residents can buy Sanmina 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 Sanmina and place an order
Find Sanmina by name or by its ticker, SANM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Sanmina trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Sanmina position in USD and INR. Sanmina 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 Sanmina from India
Trading and taxes when buying Sanmina 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
- NoneSanmina does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
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 Sanmina stock?
Yes. Sanmina (SANM) has been listed on NASDAQ since 1993, in the Hardware, Equipment & Parts 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 Sanmina share cost in rupees?
One Sanmina share is $221.83 — about ₹21,311 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Sanmina 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 Sanmina 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 Sanmina with less than the price of one share?
Yes. A whole Sanmina share is $221.83, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Sanmina 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 Sanmina price. Paasa issues a capital-gains statement for your return.
Does Sanmina pay a dividend?
No. Sanmina 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 Sanmina from India?
NASDAQ 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 there estate or inheritance tax on Sanmina shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Sanmina 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 Sanmina holding, its cost and its closing value.
How do I sell Sanmina 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.