Formosa Plastics Corporation
Formosa Plastics Corporation (TAI: 1301) is trading at NT$81.30, about ₹246 at today's TWD/INR rate, as of 8 Oct 2026, 1:30 AM ET, up 7.82% today. Formosa Plastics 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
NT$76.60
Today's high
NT$82.40
52 week low
NT$36.50
52 week high
NT$82.40
1301 opened at NT$78.00, closed previously at NT$75.40, and has traded between NT$36.50 and NT$82.40 over the past 52 weeks.
About
Formosa Plastics Corporation operates as a leading manufacturer and global supplier, producing plastic raw materials, chemical fibers, and a diverse range of petrochemical products. The company's reach extends throughout Taiwan, mainland China, and various international markets. Its extensive plastics portfolio encompasses materials such as PVC, high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), ethylene vinyl acetate (EVA) copolymer, polyethylene wax, polypropylene (PP), polyacetal, and various compound rubber particles. Beyond plastics, Formosa Plastics manufactures a broad spectrum of chemical substances. These include liquid caustic soda, solid alkali, liquid chlorine, vinyl chloride, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylate, epichlorohydrin, methyl tertiary butyl ether (MTBE), acrylate, superabsorbent resin, and n-butanol. The corporation also develops and offers carbon fibers, in addition to providing advanced industrial computer systems for process control (DCS), warehouse logistics, real-time production management, safety monitoring, and laboratory information management. Further diversifying its offerings, Formosa Plastics supplies specialized items like dye-sensitized batteries, processing aids, impact modifiers, "haibo" products, chlorinated solvents, purified hydrogen, lithium-ion battery electrolytes, lime, calcium carbonate powder, hydrochloric acid, and antibacterial solutions. These versatile products are utilized across a wide array of applications and industries, including daily necessities, outdoor sports equipment, mechanical engineering, building materials and coatings, 3C home appliances, and various civil and agricultural livestock sectors. Formosa Plastics Corporation was established in 1954 and maintains its corporate headquarters in Kaohsiung, Taiwan.
Key statistics
Avg. volume
48.80M
Market cap
NT$517.53B
P/E Ratio
49.57
Price-to-sales ratio
3.01
Enterprise value
NT$368.15B
Free cash flow yield
-3.20%
Debt-to-equity ratio
0.28
Return on equity
-2.77%
ROIC
-1.38%
Beta
0.49
Dividend yield
0.62%
Last dividend
NT$0.50
Financial overview
Revenue
NT$175.41B
Earnings per share
-NT$1.58
Free cash flow
-NT$7.94B
Net profit margin
6.07%
Gross margin
5.28%
EBITDA
NT$3.06B
Revenue growth
-12.31%
Similar securities
This is not an investment recommendation
Formosa Plastics for Indian investors
Formosa Plastics is listed on the Taiwan Stock 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 Formosa Plastics for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- 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. Formosa Plastics’ current yield is 0.62%.Dividend tax explained
FAQs
Can I buy Formosa Plastics on Paasa?
Formosa Plastics (1301) has been listed on the Taiwan Stock Exchange since 1964, in the Chemicals - Specialty industry. Formosa Plastics 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 Formosa Plastics share cost in rupees?
One Formosa Plastics share is NT$81.30 — about ₹246 at a TWD/INR rate of 3.03 on 8 Oct 2026. Both the Formosa Plastics 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 Formosa Plastics 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 TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Formosa Plastics price.
Does Formosa Plastics pay a dividend, and how is it taxed in India?
Yes. Formosa Plastics pays a dividend and the current yield is 0.62%; the last declared dividend was NT$0.50 per share, about ₹1.52. Dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare Formosa Plastics 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 Formosa Plastics?
Yes. Formosa Plastics is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.