Savaria Corporation
Savaria Corporation (TSX: SIS) is trading at CA$28.17, about ₹1,906 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 5.38% today. Indian residents can buy Savaria from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$27.74
Today's high
CA$28.47
52 week low
CA$20.10
52 week high
CA$31.95
SIS opened at CA$28.33, closed previously at CA$29.77, and has traded between CA$20.10 and CA$31.95 over the past 52 weeks.
About
Established in 1979 and headquartered in Laval, Canada, Savaria Corporation delivers a comprehensive suite of accessibility solutions tailored for the elderly and individuals with physical challenges. Its global reach extends across Canada, the United States, Europe, and various international territories. The company's operations are divided into three core segments. The Accessibility segment handles the design, manufacturing, distribution, and installation of a wide array of products, such as stairlifts for both straight and curved stairs, vertical and inclined platform lifts for wheelchairs in commercial and residential environments, and home and accessibility elevators. Through its Patient Care division, Savaria manufactures and supplies therapeutic support surfaces, pressure management items, medical beds, and other equipment crucial for the safe handling of patients. Lastly, the Adapted Vehicles segment specializes in distributing modified vehicles for personal or commercial use by people with mobility impairments. Savaria's products are made available to end-users via both a dealer network and company-owned stores.
Key statistics
Avg. volume
207.36K
Market cap
CA$2.03B
P/E Ratio
22.90
Price-to-sales ratio
2.14
Enterprise value
CA$1.82B
Free cash flow yield
7.09%
Debt-to-equity ratio
0.29
Return on equity
10.73%
ROIC
9.03%
Beta
0.96
Dividend yield
2.00%
Last dividend
CA$0.56
Financial overview
Revenue
CA$913.53M
Earnings per share
CA$0.96
Free cash flow
CA$115.53M
Net profit margin
9.27%
Gross margin
39.15%
EBITDA
CA$157.85M
Revenue growth
5.27%
Similar securities
This is not an investment recommendation
How to buy Savaria from India
Indian residents can buy Savaria 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 Savaria and place an order
Find Savaria by name or by its ticker, SIS, and choose an order type. Savaria trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Savaria position in CAD 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 Savaria from India
Trading and taxes when buying Savaria 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. Savaria’s current yield is 2.00%.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 Savaria stock?
Yes. Savaria (SIS) has been listed on the Toronto Stock Exchange since 2003, 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 and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Savaria share cost in rupees?
One Savaria share is CA$28.17 — about ₹1,906 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Savaria 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 Savaria 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 Savaria 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 Savaria price. Paasa issues a capital-gains statement for your return.
Does Savaria pay a dividend, and how is it taxed in India?
Yes. Savaria pays a dividend and the current yield is 2.00%; the last declared dividend was CA$0.56 per share, about ₹38.08. 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 Savaria 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 Savaria 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 Savaria holding, its cost and its closing value.
How do I sell Savaria 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 Savaria?
Yes. Savaria 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.