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SHMDNASDAQMarket openCloses 4:00pm ET

SCHMID Group N.V. Class A Ordinary Shares

$4.50Last updated
+$0.13 (3.00%)Past day
Timezone

SCHMID Group N.V. Class A Ordinary Shares (NASDAQ: SHMD) is trading at $4.50, about ₹432 at today's USD/INR rate, as of 28 Sep 2026, 1:26 PM ET, up 3.00% today. Indian residents can buy SCHMID Group N.V. Class A Ordinary Shares from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$4.68
Previous close:$4.37
Volume:4.53M

Today's low

$4.37

Today's high

$5.07

52 week low

$2.32

52 week high

$10.65

SHMD opened at $4.68, closed previously at $4.37, and has traded between $2.32 and $10.65 over the past 52 weeks.

About

SCHMID Group N.V. designs and manufactures specialized equipment and comprehensive process solutions for critical sectors such as electronics, solar energy, glass production, and power systems. The company operates globally, with its roots in Germany. Its extensive offerings for the electronics industry include everything from advanced equipment and ET board technology to vertical and horizontal wet processing, vacuum metallization, plating, chemical mechanical polishing, and sophisticated automation systems. For the photovoltaic sector, SCHMID Group provides full-spectrum systems and process technologies for manufacturing and processing solar components like wafers, cells, modules, and thin films, extending to complete, ready-to-operate production lines. Beyond its primary products, the firm is committed to client support, offering maintenance, post-sales assistance, tailored customer training, on-site services, and the provision of essential spare parts. Established in Freudenstadt, Germany, in 1864, the company boasts a long-standing history.

Country
DE
CEO
Christian Schmid
Exchange listed on
NASDAQ
Industry
Industrial - Machinery
Base currency
USD
Full Time Employees
800
Sector
Industrials
IPO date
01/05/2024

Key statistics

Avg. volume

914.04K

Market cap

$295.62M

P/E Ratio

-1.83

Price-to-sales ratio

2.69

Enterprise value

€348.41M

Free cash flow yield

-12.69%

Debt-to-equity ratio

-2.90

Return on equity

132.61%

ROIC

-0.84%

Beta

-0.29

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

€64.30M

Earnings per share

-€1.80

Free cash flow

-€5.76M

Net profit margin

-112.63%

Gross margin

30.47%

EBITDA

-€5.78M

Revenue growth

5.70%

Similar securities

This is not an investment recommendation

How to buy SCHMID Group N.V. Class A Ordinary Shares from India

Indian residents can buy SCHMID Group N.V. Class A Ordinary Shares 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.

  3. Search for SCHMID Group N.V. Class A Ordinary Shares and place an order

    Find SCHMID Group N.V. Class A Ordinary Shares by name or by its ticker, SHMD, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. SCHMID Group N.V. Class A Ordinary Shares trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your SCHMID Group N.V. Class A Ordinary Shares position in USD and INR. SCHMID Group N.V. Class A Ordinary Shares 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 SCHMID Group N.V. Class A Ordinary Shares from India

Trading and taxes when buying SCHMID Group N.V. Class A Ordinary Shares 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
NoneSCHMID Group N.V. Class A Ordinary Shares 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 LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy SCHMID Group N.V. Class A Ordinary Shares stock?

Yes. SCHMID Group N.V. Class A Ordinary Shares (SHMD) has been listed on NASDAQ since 2024, in the Industrial - Machinery 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 SCHMID Group N.V. Class A Ordinary Shares share cost in rupees?

One SCHMID Group N.V. Class A Ordinary Shares share is $4.50 — about ₹432 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the SCHMID Group N.V. Class A Ordinary Shares 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 SCHMID Group N.V. Class A Ordinary Shares 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 whole shares of SCHMID Group N.V. Class A Ordinary Shares?

Yes. One SCHMID Group N.V. Class A Ordinary Shares share is $4.50, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in SCHMID Group N.V. Class A Ordinary Shares.

How are gains on SCHMID Group N.V. Class A Ordinary Shares 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 SCHMID Group N.V. Class A Ordinary Shares price. Paasa issues a capital-gains statement for your return.

Does SCHMID Group N.V. Class A Ordinary Shares pay a dividend?

No. SCHMID Group N.V. Class A Ordinary Shares 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 SCHMID Group N.V. Class A Ordinary Shares 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 SCHMID Group N.V. Class A Ordinary Shares a United States company, and does that change how it is taxed?

SCHMID Group N.V. Class A Ordinary Shares trades on NASDAQ in US dollars, but the company is domiciled in Germany. SCHMID Group N.V. Class A Ordinary Shares 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 SCHMID Group N.V. Class A Ordinary Shares 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 SCHMID Group N.V. Class A Ordinary Shares holding, its cost and its closing value.

How do I sell SCHMID Group N.V. Class A Ordinary Shares 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.