SmartRent, Inc.
SmartRent, Inc. (NYSE: SMRT) is trading at $1.18, about ₹113 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.84% today. Indian residents can buy SmartRent from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$1.17
Today's high
$1.20
52 week low
$0.91
52 week high
$2.20
SMRT opened at $1.18, closed previously at $1.19, and has traded between $0.91 and $2.20 over the past 52 weeks.
About
SmartRent, Inc. is an enterprise software company that furnishes a unified smart home platform throughout the United States. This system serves a wide array of clients, including residential property management companies and operators, home builders, institutional real estate investors, developers, and the occupants themselves. The company's technology is engineered to grant residential communities improved insight and command over their properties, while simultaneously fostering cost reductions and new revenue streams. For residents, the solution centralizes all home control features into one user-friendly interface. SmartRent's extensive range of products and services includes smart apartments and residences, advanced access control for structures, shared amenities, and individual units, as well as property monitoring and protection. Further offerings extend to parking management, automated self-guided property tours, and dedicated Wi-Fi connectivity for both communities and their inhabitants. Additionally, SmartRent delivers full-suite professional services, covering essential training, efficient installation, and continuous support for its clientele. The company, founded in 2017, is based in Scottsdale, Arizona.
Key statistics
Avg. volume
1.67M
Market cap
$227.55M
P/E Ratio
-11.75
Price-to-sales ratio
1.50
Enterprise value
$286.01M
Free cash flow yield
-7.88%
Debt-to-equity ratio
0.02
Return on equity
-26.09%
ROIC
-14.35%
Beta
1.56
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$152.33M
Earnings per share
-$0.32
Free cash flow
-$30.20M
Net profit margin
-12.96%
Gross margin
36.36%
EBITDA
-$51.90M
Revenue growth
-12.90%
Similar securities
This is not an investment recommendation
How to buy SmartRent from India
Indian residents can buy SmartRent 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 SmartRent and place an order
Find SmartRent by name or by its ticker, SMRT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. SmartRent trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your SmartRent position in USD and INR. SmartRent 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 SmartRent from India
Trading and taxes when buying SmartRent 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
- NoneSmartRent 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 SmartRent stock?
Yes. SmartRent (SMRT) has been listed on the New York Stock Exchange since 2021, in the Software - Application 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 SmartRent share cost in rupees?
One SmartRent share is $1.18 — about ₹113 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the SmartRent 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 SmartRent 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 SmartRent?
Yes. One SmartRent share is $1.18, 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 SmartRent.
How are gains on SmartRent 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 SmartRent price. Paasa issues a capital-gains statement for your return.
Does SmartRent pay a dividend?
No. SmartRent 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 SmartRent 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 SmartRent 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 SmartRent 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 SmartRent holding, its cost and its closing value.
How do I sell SmartRent 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.