Michang Oil Ind .Co.,Ltd.
Michang Oil Ind .Co.,Ltd. (KRX: 003650) is trading at ₩122,400.00, about ₹8,838 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, up 0.16% today. Michang Oil Ind .Co. is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
₩121,800.00
Today's high
₩123,400.00
52 week low
₩105,000.00
52 week high
₩169,000.00
003650 opened at ₩122,600.00, closed previously at ₩122,200.00, and has traded between ₩105,000.00 and ₩169,000.00 over the past 52 weeks.
About
Michang Oil Industries Co., Ltd., a petrochemical enterprise based in South Korea, provides an extensive range of specialized oil products. Its offerings include various automotive lubricants, covering oils for motors, gasoline engines, diesel engines, gears, and automatic transmissions, in addition to other application-specific formulations and transformer oils. The company also supplies industrial lubricants, such as hydraulic, gear, turbine, and heat transfer oils, alongside rubber process oils, which comprise paraffinic, naphthenic, and aromatic types. Furthermore, Michang Oil manufactures technical grade white oils and white mineral oils, available in food, cosmetic, and pharmaceutical specifications. Established in 1962, the firm's main operations are directed from its headquarters in Busan, South Korea.
Key statistics
Avg. volume
3.10K
Market cap
₩185.19B
P/E Ratio
1.52
Price-to-sales ratio
0.42
Enterprise value
₩179.94B
Free cash flow yield
17.88%
Debt-to-equity ratio
0.02
Return on equity
14.36%
ROIC
5.31%
Beta
0.28
Dividend yield
2.86%
Last dividend
₩3,500.00
Financial overview
Revenue
₩404.61B
Earnings per share
₩45,517.00
Free cash flow
₩37.85B
Net profit margin
28.15%
Gross margin
11.57%
EBITDA
₩38.51B
Revenue growth
-6.33%
Michang Oil Ind .Co. for Indian investors
Michang Oil Ind .Co. is listed on the Korea Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Michang Oil Ind .Co. for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm KST
- 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. Michang Oil Ind .Co.’s current yield is 2.86%.Dividend tax explained
FAQs
Can I buy Michang Oil Ind .Co. on Paasa?
Michang Oil Ind .Co. (003650) has been listed on the Korea Exchange since 1980, in the Oil & Gas Refining & Marketing industry. Michang Oil Ind .Co. is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Michang Oil Ind .Co. share cost in rupees?
One Michang Oil Ind .Co. share is ₩122,400.00 — about ₹8,838 at a KRW/INR rate of 0.0722 on 9 Oct 2026. Both the Michang Oil Ind .Co. price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad 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.
How are gains on Michang Oil Ind .Co. 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 KRW/INR rate on the purchase and the sale date, so the rupee move counts alongside the Michang Oil Ind .Co. price.
Does Michang Oil Ind .Co. pay a dividend, and how is it taxed in India?
Yes. Michang Oil Ind .Co. pays a dividend and the current yield is 2.86%; the last declared dividend was ₩3,500.00 per share, about ₹252.72. Dividends are taxed at your slab rate in India.
When does KRX trade, in Indian time?
The Korea Exchange trades 5:30 am – 12:00 pm IST in Indian time.
Do I have to declare Michang Oil Ind .Co. 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. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Michang Oil Ind .Co.?
Yes. Michang Oil Ind .Co. is priced in KRW, so your rupee outcome combines the KRW move with the KRW/INR move between the day you remit and the day you convert back.