Tandy Leather Factory, Inc.
Tandy Leather Factory, Inc. (NASDAQ: TLF) is trading at $2.52, about ₹242 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 2.70% today. Indian residents can buy Tandy Leather Factory from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$2.47
Today's high
$2.58
52 week low
$2.20
52 week high
$3.36
TLF opened at $2.58, closed previously at $2.59, and has traded between $2.20 and $3.36 over the past 52 weeks.
About
Tandy Leather Factory, Inc., along with its subsidiaries, operates as a specialized retail provider of leather and various leathercrafting supplies. The company's operations extend across North America and into Spain. It furnishes customers with a broad range of products, including raw leather, specialized hand tools, essential hardware, crafting kits, liquid treatments, instructional materials, access to open workbenches, machinery, and a wide selection of related accessories and components. Beyond retail, Tandy Leather also manufactures its own line of products, such as leather laces, pre-cut leather pieces, DIY project kits, thread laces, belt blanks and straps, and Craftaids. Additionally, the company offers industrial services, including cutting, splitting, and assembly, catering specifically to business clients. Its merchandise is sold under several proprietary brand names, including Tandy Leather, Eco-Flo, Craftool, CraftoolPro, Dr. Jackson's, and TandyPro. Sales are conducted through a network of 106 company-owned retail stores – comprising 95 locations in the United States, ten in Canada, and one in Spain – as well as via online platforms such as tandyleather.com, tandyleather.ca, tandyleather.eu, and tandyleather.com.au. Founded in 1919, the company initially operated as The Leather Factory, Inc., changing its name to Tandy Leather Factory, Inc. in 2005. Its corporate base is situated in Fort Worth, Texas.
Key statistics
Avg. volume
27.42K
Market cap
$20.52M
P/E Ratio
-12.00
Price-to-sales ratio
0.27
Enterprise value
$33.86M
Free cash flow yield
-35.87%
Debt-to-equity ratio
0.60
Return on equity
17.31%
ROIC
-0.89%
Beta
0.60
Dividend yield
29.76%
Last dividend
$0.75
Financial overview
Revenue
$76.32M
Earnings per share
$1.11
Free cash flow
-$8.09M
Net profit margin
-2.14%
Gross margin
57.33%
EBITDA
$18.46M
Revenue growth
2.60%
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This is not an investment recommendation
How to buy Tandy Leather Factory from India
Indian residents can buy Tandy Leather Factory 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 Tandy Leather Factory and place an order
Find Tandy Leather Factory by name or by its ticker, TLF, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Tandy Leather Factory trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Tandy Leather Factory 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 Tandy Leather Factory from India
Trading and taxes when buying Tandy Leather Factory 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. Tandy Leather Factory’s current yield is 29.76%.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 Tandy Leather Factory stock?
Yes. Tandy Leather Factory (TLF) has been listed on NASDAQ since 1993, 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. 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 Tandy Leather Factory share cost in rupees?
One Tandy Leather Factory share is $2.52 — about ₹242 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the Tandy Leather Factory 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 Tandy Leather Factory 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 Tandy Leather Factory?
Yes. One Tandy Leather Factory share is $2.52, 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 Tandy Leather Factory.
How are gains on Tandy Leather Factory 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 Tandy Leather Factory price. Paasa issues a capital-gains statement for your return.
Does Tandy Leather Factory pay a dividend, and how is it taxed in India?
Yes. Tandy Leather Factory pays a dividend and the current yield is 29.76%; the last declared dividend was $0.75 per share, about ₹72.05. 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 Tandy Leather Factory from India?
NASDAQ 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 Tandy Leather Factory 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 Tandy Leather Factory 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 Tandy Leather Factory holding, its cost and its closing value.
How do I sell Tandy Leather Factory 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.