Telesat Corporation
Telesat Corporation (TSX: TSAT) is trading at CA$64.56, about ₹4,367 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 3.19% today. Indian residents can buy Telesat from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$63.85
Today's high
CA$67.60
52 week low
CA$32.60
52 week high
CA$85.50
TSAT opened at CA$65.92, closed previously at CA$66.69, and has traded between CA$32.60 and CA$85.50 over the past 52 weeks.
About
Telesat Corporation functions as a premier satellite communications provider, delivering essential connectivity solutions worldwide to clients in the broadcast, enterprise, and consulting fields. The company empowers direct-to-home (DTH) service providers to transmit television, audio, and data channels straight into customers' residences. It also enables broadcasters, cable networks, and DTH operators to disseminate television programming. Complementary services include satellite bandwidth, digital video encoding, access control, and ground station uplinking and downlinking. For temporary communication needs, such as live news, sports, and event coverage, Telesat offers occasional use services. For businesses, Telesat provides complete satellite and ground infrastructure services to support enterprise connectivity, internet and cellular backhaul, and rural telephony for telecommunications carriers and network services integrators. Furthermore, its broadband communication services cater to the maritime and aeronautical sectors, supporting commercial airplanes and vessels. Telesat also serves the U.S. government through integrators, provides satellite services to the Canadian government, and offers direct-to-consumer broadband. Its operations extend to the oil and gas and mining industries, where it manages satellite and hybrid satellite/terrestrial networks. Additionally, the company provides satellite operator support and expert consulting on space and earth segments, government analyses, satellite control, and research and development. Telesat primarily reaches its customers via a dedicated direct sales team. As of December 31, 2021, the company's assets included a constellation of 14 geostationary satellites in orbit and a Canadian payload hosted on the ViaSat-1 satellite. Founded in 1969, Telesat Corporation is based in Ottawa, Canada.
Key statistics
Avg. volume
50.35K
Market cap
CA$954.84M
P/E Ratio
-2.62
Price-to-sales ratio
2.66
Enterprise value
CA$3.62B
Free cash flow yield
-120.56%
Debt-to-equity ratio
10.07
Return on equity
-29.27%
ROIC
0.90%
Beta
2.05
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$417.96M
Earnings per share
-CA$10.61
Free cash flow
-CA$698.42M
Net profit margin
-102.86%
Gross margin
45.63%
EBITDA
-CA$229.97M
Revenue growth
-26.81%
Similar securities
This is not an investment recommendation
How to buy Telesat from India
Indian residents can buy Telesat 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 CAD.
Search for Telesat and place an order
Find Telesat by name or by its ticker, TSAT, and choose an order type. Telesat trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Telesat position in CAD and INR. Telesat pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Telesat from India
Trading and taxes when buying Telesat 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
- NoneTelesat does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Telesat stock?
Yes. Telesat (TSAT) has been listed on the Toronto Stock Exchange since 2021, in the Telecommunications Services 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Telesat share cost in rupees?
One Telesat share is CA$64.56 — about ₹4,367 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the Telesat 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 Telesat 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 Telesat shares taxed in India?
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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Telesat price. Paasa issues a capital-gains statement for your return.
Does Telesat pay a dividend?
No. Telesat does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Telesat from India?
The Toronto 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 Canada is on standard time. Orders can only execute during that window.
Do I have to declare Telesat 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 Telesat holding, its cost and its closing value.
How do I sell Telesat and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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.
Does the rupee rate affect what I make on Telesat?
Yes. Telesat is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.