Xanadu Quantum Technologies Limited
Xanadu Quantum Technologies Limited (TSX: XNDU) is trading at CA$7.06, about ₹480 at today's CAD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 1.81% today. Indian residents can buy Xanadu Quantum Technologies from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$6.95
Today's high
CA$7.34
52 week low
CA$6.79
52 week high
CA$57.00
XNDU opened at CA$7.17, closed previously at CA$7.19, and has traded between CA$6.79 and CA$57.00 over the past 52 weeks.
About
Xanadu Quantum Technologies Limited develops and provides photonic quantum computing technology and related software solutions and applications, including cloud-based access to quantum computers and tools for quantum programming and simulation. The company provides access to photonic quantum computers through x-series devices available via the cloud, supporting programmable quantum gates and photon-number resolving detectors. It offers Pennylane, a cross-platform python library that enables a paradigm and quantum differentiable programming that enables integration with machine learning tools; and Catalyst for just-in-time compilation and optimization of quantum algorithms. It also provides users with access to documentation, guides, and community-led resources for quantum machine learning, quantum chemistry simulations, and other quantum computing applications, along with collaboration and support from a team of quantum experts. The company serves professional clients in the quantum computing, software development, and machine learning sectors, as well as advanced users in research and development, including those utilizing high-performance computing and quantum hardware. Xanadu Quantum Technologies Limited was incorporated in 2016 and is based in Toronto, Canada.
Key statistics
Avg. volume
331.18K
Market cap
CA$305.59M
P/E Ratio
-1.71
Price-to-sales ratio
47.31
Enterprise value
CA$10.50M
Free cash flow yield
-20.35%
Debt-to-equity ratio
0.19
Return on equity
-47.25%
ROIC
-20.21%
Beta
11.10
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$4.62M
Earnings per share
-CA$2.36
Free cash flow
-CA$2.73M
Net profit margin
-1577.35%
Gross margin
93.04%
EBITDA
-CA$63.93M
Revenue growth
190.56%
How to buy Xanadu Quantum Technologies from India
Indian residents can buy Xanadu Quantum Technologies 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 Xanadu Quantum Technologies and place an order
Find Xanadu Quantum Technologies by name or by its ticker, XNDU, and choose an order type. Xanadu Quantum Technologies trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Xanadu Quantum Technologies position in CAD and INR. Xanadu Quantum Technologies 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 Xanadu Quantum Technologies from India
Trading and taxes when buying Xanadu Quantum Technologies 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
- NoneXanadu Quantum Technologies 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 Xanadu Quantum Technologies stock?
Yes. Xanadu Quantum Technologies (XNDU) has been listed on the Toronto Stock Exchange since 2026, in the Software - Infrastructure 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 Xanadu Quantum Technologies share cost in rupees?
One Xanadu Quantum Technologies share is CA$7.06 — about ₹480 at a CAD/INR rate of 68.00 on 26 Sep 2026. Both the Xanadu Quantum Technologies 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 Xanadu Quantum Technologies 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 Xanadu Quantum Technologies 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 Xanadu Quantum Technologies price. Paasa issues a capital-gains statement for your return.
Does Xanadu Quantum Technologies pay a dividend?
No. Xanadu Quantum Technologies 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 Xanadu Quantum Technologies 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 Xanadu Quantum Technologies 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 Xanadu Quantum Technologies holding, its cost and its closing value.
How do I sell Xanadu Quantum Technologies 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 Xanadu Quantum Technologies?
Yes. Xanadu Quantum Technologies 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.