Paasa Logo
The Scotts Miracle-Gro Company logo
SMGNYSEMarket closedOpens 9:30am ET

The Scotts Miracle-Gro Company

$50.89Last updated
-$0.24 (0.47%)Past day
Timezone

The Scotts Miracle-Gro Company (NYSE: SMG) is trading at $50.89, about ₹4,886 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 0.47% today. Indian residents can buy The Scotts Miracle-Gro from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$50.68
Previous close:$51.13
Volume:1.22M

Today's low

$50.20

Today's high

$51.58

52 week low

$50.20

52 week high

$75.34

SMG opened at $50.68, closed previously at $51.13, and has traded between $50.20 and $75.34 over the past 52 weeks.

About

The Scotts Miracle-Gro Company (SMG) stands as a leading producer and global distributor of products dedicated to lawn and garden upkeep, as well as specialized indoor and hydroponic cultivation. The company's operations are strategically divided into three core business units: U.S. Consumer, Hawthorne, and an 'Other' category. SMG's comprehensive product range for lawns includes essential items such as fertilizers, grass seeds, and application spreaders, alongside durable garden implements and outdoor cleaning agents. They also offer robust solutions for managing lawn weeds, pests, and diseases. For broader gardening and landscaping endeavors, their offerings encompass water-soluble and slow-release plant nutrients, a variety of potting mixes and garden soils, mulches, and decorative ground covers. Furthermore, the company provides organic garden products, targeted pest and disease controls for plants, live goods, and diverse seeding solutions. Beyond outdoor applications, Scotts Miracle-Gro supplies specialized items for indoor and hydroponic growing. This includes innovative systems for soilless plant, flower, and vegetable cultivation, as well as critical lighting systems and components tailored for indoor gardening environments. The company also develops household-focused insect, rodent, and general weed control products, featuring potent non-selective weed killers. These extensive product lines are marketed under a vast portfolio of widely recognized brand names, notably Scotts, Miracle-Gro, Ortho, Turf Builder, Roundup, and AeroGarden, among many others. Scotts Miracle-Gro distributes its merchandise through a broad and diverse network of retail and commercial channels. This encompasses major home improvement retailers, mass-market stores, warehouse clubs, both large and independent hardware outlets, nurseries, and specialized garden centers. Consumers can also find their products on e-commerce platforms and in food and drug stores. For the indoor gardening and hydroponics sector, the company collaborates with specialized distributors, retailers, and directly supplies growers. Founded in 1868, The Scotts Miracle-Gro Company maintains its corporate headquarters in Marysville, Ohio.

Country
US
CEO
Nathan E. Baxter
Exchange listed on
NYSE
Industry
Agricultural Inputs
Base currency
USD
Full Time Employees
5,200
Sector
Basic Materials
IPO date
31/01/1992

Key statistics

Avg. volume

942.35K

Market cap

$2.96B

P/E Ratio

40.71

Price-to-sales ratio

0.88

Enterprise value

$5.05B

Free cash flow yield

11.02%

Debt-to-equity ratio

-10.13

Return on equity

-21.87%

ROIC

11.17%

Beta

1.81

Dividend yield

5.19%

Last dividend

$2.64

Financial overview

Revenue

$3.41B

Earnings per share

$2.52

Free cash flow

$273.90M

Net profit margin

2.19%

Gross margin

32.27%

EBITDA

$425.50M

Revenue growth

-3.93%

Similar securities

This is not an investment recommendation

How to buy The Scotts Miracle-Gro from India

Indian residents can buy The Scotts Miracle-Gro 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 The Scotts Miracle-Gro and place an order

    Find The Scotts Miracle-Gro by name or by its ticker, SMG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. The Scotts Miracle-Gro trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your The Scotts Miracle-Gro position in USD 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 The Scotts Miracle-Gro from India

Trading and taxes when buying The Scotts Miracle-Gro 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. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. The Scotts Miracle-Gro’s current yield is 5.19%.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 The Scotts Miracle-Gro stock?

Yes. The Scotts Miracle-Gro (SMG) has been listed on the New York Stock Exchange since 1992, in the Agricultural Inputs 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 The Scotts Miracle-Gro share cost in rupees?

One The Scotts Miracle-Gro share is $50.89 — about ₹4,886 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the The Scotts Miracle-Gro 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 The Scotts Miracle-Gro 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 The Scotts Miracle-Gro?

Yes. One The Scotts Miracle-Gro share is $50.89, 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 The Scotts Miracle-Gro.

How are gains on The Scotts Miracle-Gro 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 The Scotts Miracle-Gro price. Paasa issues a capital-gains statement for your return.

Does The Scotts Miracle-Gro pay a dividend, and how is it taxed in India?

Yes. The Scotts Miracle-Gro pays a dividend and the current yield is 5.19%; the last declared dividend was $2.64 per share, about ₹253.49. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade The Scotts Miracle-Gro from India?

The New York 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 the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on The Scotts Miracle-Gro 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 The Scotts Miracle-Gro 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 The Scotts Miracle-Gro holding, its cost and its closing value.

How do I sell The Scotts Miracle-Gro 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.