TerraVest Industries Inc.
TerraVest Industries Inc. (TSX: TVK) is trading at CA$110.46, about ₹7,472 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 2.12% today. Indian residents can buy TerraVest Industries from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$109.31
Today's high
CA$112.71
52 week low
CA$95.00
52 week high
CA$175.20
TVK opened at CA$112.71, closed previously at CA$112.85, and has traded between CA$95.00 and CA$175.20 over the past 52 weeks.
About
TerraVest Industries Inc., in conjunction with its subsidiaries, manufactures and supplies a diverse array of products and services. The company primarily serves the energy, agriculture, mining, and transportation sectors across both Canada and the United States. Its operations are organized into three distinct divisions: Fuel Containment, Processing Equipment, and Service. The Fuel Containment division focuses on producing items such as bulk liquefied petroleum gas (LPG) transport trailers, LPG delivery and service vehicles, various LPG storage tanks (for residential and commercial use), dispensing units, custom pressure vessels, refined fuel tanks (commercial and residential), and heating systems including furnaces and boilers. Products from this segment are sold directly to end-users or through distribution channels to fuel distributors, transportation companies, and industrial, commercial, and residential clients. The Processing Equipment division specializes in the manufacturing and distribution of a broad spectrum of specialized machinery. This includes wellhead processing equipment and tanks, wellhead desanding units, central facilities processing apparatus, storage tanks for natural gas liquids (NGL) and LPG, anhydrous ammonia storage solutions, transport trailers for NGL, LPG, and ammonia (including wagons), and compressed gas transport trailers, alongside other custom-engineered processing equipment. Its primary customers are oil and gas producers, midstream and engineering firms, propane and fertilizer distributors, and transportation enterprises. The Service division provides crucial well servicing for the oil and gas industry, specifically within Southwest and Central Saskatchewan, utilizing its fleet of 21 service rigs. Founded in 2004, the company was initially known as TerraVest Capital Inc. before officially changing its name to TerraVest Industries Inc. in February 2018. TerraVest Industries Inc. maintains its corporate headquarters in Vegreville, Canada.
Key statistics
Avg. volume
105.60K
Market cap
CA$2.40B
P/E Ratio
25.87
Price-to-sales ratio
1.38
Enterprise value
CA$3.80B
Free cash flow yield
1.57%
Debt-to-equity ratio
1.52
Return on equity
12.00%
ROIC
6.01%
Beta
0.59
Dividend yield
0.72%
Last dividend
CA$0.80
Financial overview
Revenue
CA$1.37B
Earnings per share
CA$4.27
Free cash flow
CA$44.36M
Net profit margin
5.35%
Gross margin
21.72%
EBITDA
CA$293.32M
Revenue growth
50.38%
Similar securities
This is not an investment recommendation
How to buy TerraVest Industries from India
Indian residents can buy TerraVest Industries 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 TerraVest Industries and place an order
Find TerraVest Industries by name or by its ticker, TVK, and choose an order type. TerraVest Industries trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your TerraVest Industries position in CAD 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 TerraVest Industries from India
Trading and taxes when buying TerraVest Industries 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. TerraVest Industries’ current yield is 0.72%.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 TerraVest Industries stock?
Yes. TerraVest Industries (TVK) has been listed on the Toronto Stock Exchange since 2014, in the Oil & Gas Equipment & 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 TerraVest Industries share cost in rupees?
One TerraVest Industries share is CA$110.46 — about ₹7,472 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries price. Paasa issues a capital-gains statement for your return.
Does TerraVest Industries pay a dividend, and how is it taxed in India?
Yes. TerraVest Industries pays a dividend and the current yield is 0.72%; the last declared dividend was CA$0.80 per share, about ₹54.12. 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 TerraVest Industries 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 TerraVest Industries 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 TerraVest Industries holding, its cost and its closing value.
How do I sell TerraVest Industries 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 TerraVest Industries?
Yes. TerraVest Industries 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.