Topps Tiles Plc
Topps Tiles Plc (LSE: TPT) is trading at £0.36, about ₹45 at today's GBP/INR rate, as of 29 Sep 2026, 11:35 AM ET, down 0.84% today. Indian residents can buy Topps Tiles from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£0.33
Today's high
£0.36
52 week low
£0.30
52 week high
£0.50
TPT opened at £0.33, closed previously at £0.36, and has traded between £0.30 and £0.50 over the past 52 weeks.
About
Topps Tiles Plc primarily operates as a major retailer and wholesale distributor of a diverse range of tiling products and complementary materials. Serving both individual homeowners and commercial clients throughout the United Kingdom, their extensive inventory features ceramic, porcelain, and natural stone tiles suitable for various spaces like bathrooms, kitchens, floors, and walls, alongside decorative mosaic options. Beyond tiles, the company supplies underfloor heating systems, specialized wet room equipment, general hand tools, and a complete selection of installation and finishing essentials, including adhesives, primers, grouts, sealants, trims, doorbars, matting, and leveling compounds. Furthermore, Topps Tiles diversifies its business into property management and investment, the sale of timber flooring products, and logistics support through warehousing services. As of September 26, 2020, the company maintained a significant retail footprint with 342 physical stores and also facilitates sales through its e-commerce website. Established in 1963, its corporate headquarters are located in Leicester, United Kingdom.
Key statistics
Avg. volume
302.13K
Market cap
£69.71M
P/E Ratio
13.59
Price-to-sales ratio
0.24
Enterprise value
£161.35M
Free cash flow yield
26.41%
Debt-to-equity ratio
31.59
Return on equity
77.49%
ROIC
11.08%
Beta
0.87
Dividend yield
8.71%
Last dividend
£0.03
Financial overview
Revenue
£295.75M
Earnings per share
£0.03
Free cash flow
£18.22M
Net profit margin
1.74%
Gross margin
52.40%
EBITDA
£33.27M
Revenue growth
17.48%
Similar securities
This is not an investment recommendation
How to buy Topps Tiles from India
Indian residents can buy Topps Tiles 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 Topps Tiles and place an order
Find Topps Tiles by name or by its ticker, TPT, and choose an order type. Topps Tiles trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Topps Tiles 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 Topps Tiles from India
Trading and taxes when buying Topps Tiles 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. Topps Tiles’ current yield is 8.71%.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 Topps Tiles stock?
Yes. Topps Tiles (TPT) has been listed on the London Stock Exchange since 1997, 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 Topps Tiles share cost in rupees?
One Topps Tiles share is £0.36 — about ₹45 at a GBP/INR rate of 127.06 on 29 Sep 2026. Both the Topps Tiles 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 Topps Tiles 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 Topps Tiles 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 Topps Tiles price. Paasa issues a capital-gains statement for your return.
Does Topps Tiles pay a dividend, and how is it taxed in India?
Yes. Topps Tiles pays a dividend and the current yield is 8.71%; the last declared dividend was £0.03 per share, about ₹3.94. 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 Topps Tiles 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 Topps Tiles 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 Topps Tiles?
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 Topps Tiles 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 Topps Tiles holding, its cost and its closing value.
How do I sell Topps Tiles 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.