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WashTec AG

€34.90Last updated
+€0.30 (0.87%)Past day
Timezone

WashTec AG (XETRA: WSU) is trading at €34.90, about ₹3,812 at today's EUR/INR rate, as of 25 Sep 2026, 11:35 AM ET, up 0.87% today. Indian residents can buy WashTec from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:€35.30
Previous close:€34.60
Volume:6.41K

Today's low

€34.30

Today's high

€35.30

52 week low

€34.30

52 week high

€51.60

WSU opened at €35.30, closed previously at €34.60, and has traded between €34.30 and €51.60 over the past 52 weeks.

About

WashTec AG, founded in 1885 and headquartered in Augsburg, Germany, is a prominent global supplier of vehicle washing solutions, operating across Europe, North America, and the Asia Pacific. The company delivers a comprehensive portfolio of washing systems, including automated roll-over units, self-service bays, and specialized equipment for commercial vehicles, alongside critical peripheral components. Their offerings also extend to advanced wash tunnel systems, water recycling technology, and various digital solutions. Beyond hardware, WashTec provides essential support services such as equipment maintenance, upgrades, spare parts, and car wash chemicals under the Auwa brand. They further assist clients with car wash management and offer financial services like leasing arrangements. WashTec caters to a diverse clientele that includes petroleum companies, convenience stores, independent and chain filling stations, dedicated car wash operators, automotive repair shops, supermarket chains, as well as road freight and public transport organizations.

Country
DE
CEO
Michael Drolshagen
Exchange listed on
XETRA
Industry
Industrial - Machinery
Base currency
EUR
Full Time Employees
1,883
Sector
Industrials
IPO date
09/11/1998

Key statistics

Avg. volume

4.68K

Market cap

€465.89M

P/E Ratio

15.11

Price-to-sales ratio

0.91

Enterprise value

€547.50M

Free cash flow yield

7.27%

Debt-to-equity ratio

1.59

Return on equity

41.54%

ROIC

20.15%

Beta

0.65

Dividend yield

7.16%

Last dividend

€2.50

Financial overview

Revenue

€498.62M

Earnings per share

€2.29

Free cash flow

€38.93M

Net profit margin

5.99%

Gross margin

31.16%

EBITDA

€63.84M

Revenue growth

4.56%

Similar securities

This is not an investment recommendation

How to buy WashTec from India

Indian residents can buy WashTec 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 EUR.

  3. Search for WashTec and place an order

    Find WashTec by name or by its ticker, WSU, and choose an order type. WashTec trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your WashTec position in EUR 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 WashTec from India

Trading and taxes when buying WashTec from India

Trading and limits

Trading hours
9:00 am – 5:30 pm CET
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. WashTec’s current yield is 7.16%.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 WashTec stock?

Yes. WashTec (WSU) has been listed on XETRA since 1998, in the Industrial - Machinery 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one WashTec share cost in rupees?

One WashTec share is €34.90 — about ₹3,812 at an EUR/INR rate of 109.24 on 24 Sep 2026. Both the WashTec 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 WashTec 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 WashTec 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the WashTec price. Paasa issues a capital-gains statement for your return.

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

Yes. WashTec pays a dividend and the current yield is 7.16%; the last declared dividend was €2.50 per share, about ₹273.09. 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 WashTec from India?

XETRA trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.

Do I have to declare WashTec 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 WashTec holding, its cost and its closing value.

How do I sell WashTec and bring the money back to India?

You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in EUR 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 WashTec?

Yes. WashTec is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.