Spectra Systems Corporation
Spectra Systems Corporation (LSE: SPSY) is trading at £1.64, about ₹206 at today's GBP/INR rate, as of 15 Oct 2026, 5:00 AM ET, up 0.62% today. Indian residents can buy Spectra Systems from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£1.60
Today's high
£1.65
52 week low
£1.12
52 week high
£2.15
SPSY opened at £1.64, closed previously at £1.63, and has traded between £1.12 and £2.15 over the past 52 weeks.
About
Headquartered in Providence, Rhode Island, Spectra Systems Corporation is a global innovator and developer of integrated optical systems, established in 1996 and previously known as Spectra Science Corporation until its 2001 rebranding. The company operates across three primary divisions: Authentication Systems, Secure Transactions, and Banknote Cleaning. Within its Authentication Systems segment, Spectra Systems offers comprehensive solutions that combine proprietary taggant materials with sensor technology for the authentication of banknotes by central banks and for passport security by G7 nations. It also provides solutions to verify the authenticity of branded products. The Banknote Cleaning division specializes in advanced dry-process cleaning and disinfection systems for currency, utilizing supercritical CO2 technology to effectively remove sebum and other contaminants from banknotes. Furthermore, Spectra Systems supplies a range of optical materials for security and quality control applications, including fluorescent, phosphorescent, and invisible pigments and dyes, as well as gasochromic response materials. The company also delivers customized material and hardware solutions. For lottery and gaming operators, it develops internal control systems designed to ensure the accuracy of logged transactions. The company's offerings extend to sophisticated software and hardware systems, such as high-speed currency authentication sensors, quality control equipment for the manufacturing and printing of paper and polymer banknotes, and specialized equipment for security printers and hologram producers.
Key statistics
Avg. volume
74.19K
Market cap
£79.17M
P/E Ratio
5.21
Price-to-sales ratio
1.65
Enterprise value
$93.01M
Free cash flow yield
9.70%
Debt-to-equity ratio
0.17
Return on equity
39.47%
ROIC
29.93%
Beta
-0.01
Dividend yield
6.23%
Last dividend
£0.10
Financial overview
Revenue
$64.28M
Earnings per share
$0.42
Free cash flow
$9.61M
Net profit margin
31.20%
Gross margin
57.67%
EBITDA
$29.88M
Revenue growth
30.68%
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This is not an investment recommendation
How to buy Spectra Systems from India
Indian residents can buy Spectra Systems 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. Read the full guide: how to invest in Spectra Systems from India
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 Spectra Systems and place an order
Find Spectra Systems by name or by its ticker, SPSY, and choose an order type. Spectra Systems trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Spectra Systems position in GBP and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Spectra Systems 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. Spectra Systems’ current yield is 6.23%.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.
FAQs
Can Indian residents buy Spectra Systems stock?
Yes. Spectra Systems (SPSY) has been listed on the London Stock Exchange since 2011, 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 and then to GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Spectra Systems share cost in rupees?
One Spectra Systems share is £1.64 — about ₹206 at a GBP/INR rate of 125.99 on 14 Oct 2026. Both the Spectra Systems 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 Spectra Systems 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 Spectra Systems 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 Spectra Systems price. Paasa issues a capital-gains statement for your return.
Does Spectra Systems pay a dividend, and how is it taxed in India?
Yes. Spectra Systems pays a dividend and the current yield is 6.23%; the last declared dividend was £0.10 per share, about ₹12.95. 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 Spectra Systems 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 Spectra Systems a United Kingdom company, and does that change how it is taxed?
Spectra Systems trades on the London Stock Exchange in GBP, but the company is domiciled in United States. Spectra Systems 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 Spectra Systems?
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 Spectra Systems 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 Spectra Systems holding, its cost and its closing value.
How do I sell Spectra Systems 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.