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Vecima Networks Inc.

CA$13.18Last updated
+CA$0.13 (1.00%)Past day
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Vecima Networks Inc. (TSX: VCM) is trading at CA$13.18, about ₹897 at today's CAD/INR rate, as of 25 Sep 2026, 3:56 PM ET, up 1.00% today. Indian residents can buy Vecima Networks from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$14.02
Previous close:CA$13.05
Volume:19.90K

Today's low

CA$13.00

Today's high

CA$14.05

52 week low

CA$9.31

52 week high

CA$14.49

VCM opened at CA$14.02, closed previously at CA$13.05, and has traded between CA$9.31 and CA$14.49 over the past 52 weeks.

About

Vecima Networks Inc. engineers and delivers sophisticated technology solutions that enable network and content providers worldwide to connect people and businesses to vital information and entertainment. The company's product suite caters specifically to the cable and broadcast industries, supplying essential video and broadband access to various service providers, content creators, and broadcasters. Vecima's business operations are organized into three primary segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The Video and Broadband Solutions division offers specialized platforms and modules designed to process data from cable networks, converting it into suitable formats for consumption on televisions and internet-enabled devices. Prominent products in this segment include Terrace and TerraceQAM, which are custom-built to serve business-focused markets such as multi-unit dwellings, hotels, motels, and resorts. Furthermore, its Entra distributed access platform facilitates the industry's shift towards a distributed access network architecture. The Content Delivery and Storage segment provides comprehensive software and solutions for businesses and clients involved in every stage of video content management. This includes the ingestion, production, storage, delivery, and streaming of diverse video content, such as live linear programming, video on demand, network digital video recording, and time-shifted TV services, all offered under the MediaScaleX and ContentAgent brands. Within the Telematics segment, Vecima supplies crucial information and analytical tools that assist fleet managers in efficiently overseeing and optimizing their mobile and fixed assets. These services are provided through the Contigo, Nero Global Tracking, and FleetLynx brands. Vecima Networks Inc. was founded in 1988, is based in Victoria, Canada, and operates as a subsidiary of 684739 B.C. Ltd.

Country
CA
CEO
Sumit Kumar
Exchange listed on
TSX
Industry
Communication Equipment
Base currency
CAD
Full Time Employees
601
Sector
Technology
IPO date
13/11/2005

Key statistics

Avg. volume

3.27K

Market cap

CA$320.47M

P/E Ratio

-24.54

Price-to-sales ratio

1.15

Enterprise value

CA$380.67M

Free cash flow yield

14.98%

Debt-to-equity ratio

0.30

Return on equity

-6.16%

ROIC

-2.47%

Beta

0.21

Dividend yield

1.67%

Last dividend

CA$0.22

Financial overview

Revenue

CA$285.86M

Earnings per share

-CA$0.73

Free cash flow

CA$51.95M

Net profit margin

-4.72%

Gross margin

36.07%

EBITDA

-CA$851.00K

Revenue growth

-1.78%

Similar securities

This is not an investment recommendation

How to buy Vecima Networks from India

Indian residents can buy Vecima Networks 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.

  1. 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.

  2. 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.

  3. Search for Vecima Networks and place an order

    Find Vecima Networks by name or by its ticker, VCM, and choose an order type. Vecima Networks trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Vecima Networks 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 Vecima Networks from India

Trading and taxes when buying Vecima Networks 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. Vecima Networks’ current yield is 1.67%.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 Vecima Networks stock?

Yes. Vecima Networks (VCM) has been listed on the Toronto Stock Exchange since 2005, in the Communication Equipment 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 Vecima Networks share cost in rupees?

One Vecima Networks share is CA$13.18 — about ₹897 at a CAD/INR rate of 68.03 on 25 Sep 2026. Both the Vecima Networks 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 Vecima Networks 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 Vecima Networks 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 Vecima Networks price. Paasa issues a capital-gains statement for your return.

Does Vecima Networks pay a dividend, and how is it taxed in India?

Yes. Vecima Networks pays a dividend and the current yield is 1.67%; the last declared dividend was CA$0.22 per share, about ₹14.97. 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 Vecima Networks 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 Vecima Networks 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 Vecima Networks holding, its cost and its closing value.

How do I sell Vecima Networks 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 Vecima Networks?

Yes. Vecima Networks 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.