Turning Point Brands, Inc.
Turning Point Brands, Inc. (NYSE: TPB) is trading at $60.92, about ₹5,849 at today's USD/INR rate, as of 25 Sep 2026, 9:46 AM ET, up 1.32% today. Indian residents can buy Turning Point Brands from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$59.38
Today's high
$61.49
52 week low
$58.57
52 week high
$146.90
TPB opened at $59.68, closed previously at $60.12, and has traded between $58.57 and $146.90 over the past 52 weeks.
About
Turning Point Brands, Inc., along with its affiliated companies, is engaged in the creation, promotion, and distribution of a diverse array of branded consumer products. Its operations are structured into three distinct divisions: Zig-Zag Products, Stoker's Products, and NewGen Products. The Zig-Zag Products division focuses on the marketing and distribution of rolling papers, cigarette tubes, pre-rolled cigars, 'make-your-own' cigar wraps, and related accessories, all sold under the well-known Zig-Zag brand. Conversely, the Stoker's Products division is responsible for manufacturing and commercializing moist snuff and loose-leaf chewing tobacco products. These are offered under several brand names including Stoker's, Beech-Nut, Durango, Trophy, and Wind River. The NewGen Products segment caters to individual consumers by marketing and distributing cannabidiol (CBD) isolate, liquid vapor items, and various other offerings free from tobacco and/or nicotine. This is achieved through its direct-to-consumer online platform, VaporFi, and its non-traditional retail outlet, VaporBeast. TPB's goods are supplied to a broad network of wholesale distributors and retail partners, encompassing independent and chain convenience stores, specialized tobacco shops, grocery stores, major retailers, and pharmacies. Originally established as North Atlantic Holding Company, Inc., the corporation adopted its current name, Turning Point Brands, Inc., in November 2015. Founded in 1988, Turning Point Brands, Inc. maintains its corporate headquarters in Louisville, Kentucky.
Key statistics
Avg. volume
384.73K
Market cap
$1.18B
P/E Ratio
25.59
Price-to-sales ratio
2.33
Enterprise value
$1.22B
Free cash flow yield
1.66%
Debt-to-equity ratio
0.72
Return on equity
11.93%
ROIC
8.41%
Beta
0.94
Dividend yield
0.52%
Last dividend
$0.32
Financial overview
Revenue
$463.06M
Earnings per share
$3.18
Free cash flow
$43.84M
Net profit margin
8.78%
Gross margin
59.16%
EBITDA
$115.94M
Revenue growth
28.39%
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This is not an investment recommendation
How to buy Turning Point Brands from India
Indian residents can buy Turning Point Brands 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 Turning Point Brands and place an order
Find Turning Point Brands by name or by its ticker, TPB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Turning Point Brands trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Turning Point Brands 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 Turning Point Brands from India
Trading and taxes when buying Turning Point Brands 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. Turning Point Brands’ current yield is 0.52%.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 Turning Point Brands stock?
Yes. Turning Point Brands (TPB) has been listed on the New York Stock Exchange since 2016, in the Tobacco 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 Turning Point Brands share cost in rupees?
One Turning Point Brands share is $60.92 — about ₹5,849 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Turning Point Brands 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 Turning Point Brands 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 Turning Point Brands?
Yes. One Turning Point Brands share is $60.92, 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 Turning Point Brands.
How are gains on Turning Point Brands 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 Turning Point Brands price. Paasa issues a capital-gains statement for your return.
Does Turning Point Brands pay a dividend, and how is it taxed in India?
Yes. Turning Point Brands pays a dividend and the current yield is 0.52%; the last declared dividend was $0.32 per share, about ₹30.25. 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 Turning Point Brands 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 Turning Point Brands 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 Turning Point Brands 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 Turning Point Brands holding, its cost and its closing value.
How do I sell Turning Point Brands 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.