Union Materials Corp.
Union Materials Corp. (KRX: 047400) is trading at ₩851.00, about ₹61 at today's KRW/INR rate, as of 7 Oct 2026, 6:59 AM ET, down 4.27% today. Union Materials 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
₩850.00
Today's high
₩898.00
52 week low
₩810.00
52 week high
₩2,680.00
047400 opened at ₩898.00, closed previously at ₩889.00, and has traded between ₩810.00 and ₩2,680.00 over the past 52 weeks.
About
Union Materials Corp., together with its subsidiaries, manufactures and sells ferrite magnets for motors in South Korea and internationally. The company operates through Ceramic and Ferrite segments. It offers fine ceramics products, such as alumina, silicon nitride, zirconia, and silicon carbide materials; cermet, ceramics, PCBN/PCD cutting tools, tool holders, milling cutters, endmills and drills, and hydraulic expansion chucks; and industrial ceramics, such as faucet discs, ferrule for fiber optics, metalized parts, bio-ceramics, and other related products. The company also provides ferrite magnets, such as ARC type for D/C motor applications and rectangular (block) type for industrial applications. It serves automobile, electrical and electronic engineering, and machinery industries. The company was formerly known as Ssangyong Materials Corp. and changed its name to Union Materials Corp. in September 2017. Union Materials Corp. is headquartered in Daegu, South Korea.
Key statistics
Avg. volume
217.28K
Market cap
₩35.74B
P/E Ratio
7.10
Price-to-sales ratio
0.36
Enterprise value
₩144.96B
Free cash flow yield
8.37%
Debt-to-equity ratio
5.53
Return on equity
12.53%
ROIC
4.22%
Beta
0.26
Dividend yield
0.00%
Last dividend
₩0.00
Financial overview
Revenue
₩101.99B
Earnings per share
₩58.57
Free cash flow
₩4.70B
Net profit margin
5.04%
Gross margin
13.86%
EBITDA
₩7.81B
Revenue growth
-5.88%
Similar securities
This is not an investment recommendation
Union Materials for Indian investors
Union Materials 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 Union Materials 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
- NoneUnion Materials does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can I buy Union Materials on Paasa?
Union Materials (047400) has been listed on the Korea Exchange since 2009, in the Construction Materials industry. Union Materials 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 Union Materials share cost in rupees?
One Union Materials share is ₩851.00 — about ₹61 at a KRW/INR rate of 0.0722 on 9 Oct 2026. Both the Union Materials 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 Union Materials 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 Union Materials price.
Does Union Materials pay a dividend?
No. Union Materials 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.
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 Union Materials 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 Union Materials?
Yes. Union Materials 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.