Sylvania Platinum Ltd
Sylvania Platinum Ltd (LSE: SLP) is trading at £0.96, about ₹122 at today's GBP/INR rate, as of 30 Sep 2026, 9:00 AM ET, up 1.59% today. Indian residents can buy Sylvania Platinum from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£0.94
Today's high
£0.97
52 week low
£0.72
52 week high
£1.30
SLP opened at £0.94, closed previously at £0.95, and has traded between £0.72 and £1.30 over the past 52 weeks.
About
Sylvania Platinum Limited, together with its subsidiaries, engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa. It operates through Sylvania Dump Operations (SDO), Exploration Projects, and Joint Venture segments. The company produces PGMs, including platinum, palladium, and rhodium; and explores for ruthenium, iridium, nickel, and copper deposits. It holds interests in the Sylvania dump operations that comprise six chrome beneficiation and PGM processing plants located in the Bushveld Igneous Complex; and various mineral asset development projects, including Volspruit and Far Northern Limb projects located on the Northern Limb of the Bushveld Igneous Complex in South Africa. Sylvania Platinum Limited was incorporated in 2010 and is based in Hamilton, Bermuda.
Key statistics
Avg. volume
977.16K
Market cap
£248.47M
P/E Ratio
5.11
Price-to-sales ratio
1.47
Enterprise value
$218.99M
Free cash flow yield
13.21%
Debt-to-equity ratio
0.00
Return on equity
21.54%
ROIC
20.31%
Beta
1.66
Dividend yield
2.86%
Last dividend
£0.04
Financial overview
Revenue
$226.32M
Earnings per share
$0.26
Free cash flow
$37.72M
Net profit margin
29.28%
Gross margin
46.41%
EBITDA
$108.66M
Revenue growth
117.13%
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This is not an investment recommendation
How to buy Sylvania Platinum from India
Indian residents can buy Sylvania Platinum 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 Sylvania Platinum and place an order
Find Sylvania Platinum by name or by its ticker, SLP, and choose an order type. Sylvania Platinum trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Sylvania Platinum 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 Sylvania Platinum from India
Trading and taxes when buying Sylvania Platinum 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. Sylvania Platinum’s current yield is 2.86%.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 Sylvania Platinum stock?
Yes. Sylvania Platinum (SLP) has been listed on the London Stock Exchange since 2004, in the Other Precious Metals 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 Sylvania Platinum share cost in rupees?
One Sylvania Platinum share is £0.96 — about ₹122 at a GBP/INR rate of 127.06 on 29 Sep 2026. Both the Sylvania Platinum 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 Sylvania Platinum 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 Sylvania Platinum 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 Sylvania Platinum price. Paasa issues a capital-gains statement for your return.
Does Sylvania Platinum pay a dividend, and how is it taxed in India?
Yes. Sylvania Platinum pays a dividend and the current yield is 2.86%; the last declared dividend was £0.04 per share, about ₹5.08. 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 Sylvania Platinum 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 Sylvania Platinum a United Kingdom company, and does that change how it is taxed?
Sylvania Platinum trades on the London Stock Exchange in GBP, but the company is domiciled in Bermuda. Sylvania Platinum 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 Sylvania Platinum?
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 Sylvania Platinum 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 Sylvania Platinum holding, its cost and its closing value.
How do I sell Sylvania Platinum 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.