WH Smith PLC
WH Smith PLC (LSE: SMWH) is trading at £3.71, about ₹471 at today's GBP/INR rate, as of 25 Sep 2026, 11:35 AM ET, up 2.88% today. Indian residents can buy WH Smith from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£3.63
Today's high
£3.71
52 week low
£3.46
52 week high
£7.12
SMWH opened at £3.63, closed previously at £3.61, and has traded between £3.46 and £7.12 over the past 52 weeks.
About
WH Smith PLC functions as a retail enterprise with a presence across the United Kingdom and globally. The company's operations are divided into two primary divisions: Travel and High Street. The Travel segment caters to customers on the move, offering a selection of news, books, and convenience products. By August 31, 2021, this segment managed 1,166 locations, predominantly situated in transportation hubs like airports, railway stations, and motorway service areas, as well as in hospitals and workplaces. The High Street segment, conversely, provides a diverse range of goods. It sells stationery items, which include greeting cards, general office supplies, art and craft materials, and gifts. Additionally, it stocks everyday essentials and impulse purchases such as newspapers, magazines, confectionery, and beverages, alongside various books. This division comprised 544 physical stores. Extending its reach online, the High Street segment also sells stationery, books, magazines, and gifts through whsmith.co.uk; personalized greeting cards and gifts are available via funkypigeon.com; pens are offered through cultpens.com; and personalized stationery products can be purchased from treeofhearts.co.uk and dottyaboutpaper.co.uk. Established in 1792, WH Smith PLC's corporate base is located in Swindon, United Kingdom.
Key statistics
Avg. volume
677.77K
Market cap
£557.86M
P/E Ratio
-3.64
Price-to-sales ratio
0.41
Enterprise value
£1.57B
Free cash flow yield
19.90%
Debt-to-equity ratio
8.46
Return on equity
-90.46%
ROIC
-2.02%
Beta
0.93
Dividend yield
4.66%
Last dividend
£0.17
Financial overview
Revenue
£1.55B
Earnings per share
-£1.13
Free cash flow
£199.00M
Net profit margin
-9.48%
Gross margin
30.22%
EBITDA
£183.00M
Revenue growth
-19.03%
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This is not an investment recommendation
How to buy WH Smith from India
Indian residents can buy WH Smith 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 WH Smith and place an order
Find WH Smith by name or by its ticker, SMWH, and choose an order type. WH Smith trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your WH Smith 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 WH Smith from India
Trading and taxes when buying WH Smith 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. The UK levies 0% withholding tax on company dividends paid to non-residents. WH Smith’s current yield is 4.66%.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.
- Estate or inheritance tax
- May applyShares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy WH Smith stock?
Yes. WH Smith (SMWH) has been listed on the London Stock Exchange since 2004, in the Specialty Retail 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 WH Smith share cost in rupees?
One WH Smith share is £3.71 — about ₹471 at a GBP/INR rate of 126.99 on 26 Sep 2026. Both the WH Smith 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 WH Smith 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 WH Smith 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 WH Smith price. Paasa issues a capital-gains statement for your return.
Does WH Smith pay a dividend, and how is it taxed in India?
Yes. WH Smith pays a dividend and the current yield is 4.66%; the last declared dividend was £0.17 per share, about ₹21.97. Dividends are taxed at your slab rate in India. The UK levies 0% withholding tax on company dividends paid to non-residents. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade WH Smith 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 there estate or inheritance tax on WH Smith shares held from India?
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. It applies to your overall holdings in that jurisdiction rather than to any one position.
Are there transaction taxes when buying WH Smith?
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 WH Smith 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 WH Smith holding, its cost and its closing value.
How do I sell WH Smith 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.