Formosa Taffeta Co., Ltd.
Formosa Taffeta Co., Ltd. (TAI: 1434) is trading at NT$19.45, about ₹59 at today's TWD/INR rate, as of 8 Oct 2026, 1:30 AM ET, up 2.64% today. Formosa Taffeta 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$18.90
Today's high
NT$19.60
52 week low
NT$14.40
52 week high
NT$21.00
1434 opened at NT$18.95, closed previously at NT$18.95, and has traded between NT$14.40 and NT$21.00 over the past 52 weeks.
About
Formosa Taffeta Co., Ltd. operates in the textile industry in Taiwan and Asia. The company offers eco-friendly, sports and outdoor, safety, and lifestyle fabrics. It also offers umbrella, carbon fiber, spun yarn, tire cord, and PE plastic bags. In addition, it is involved in accepting commissions to handle urban land rezoning; residential and building development, and leasing; development of new towns, communities, and specific specialized zones; manufacturing, processing and sales of textiles, fabrics, dyeing and finishing, carpets, curtains, and cleaning products; sales of polyurethane fabrics and polyurethane textiles; polyurethane fabric, polyester long fiber, and tire curtain fabric; dyeing and finishing processes; polyester long fiber gray fabrics, colored fabrics, printed fabrics, and twisted yarns; employment services, manpower dispatch, and intermediary services. The company was formerly known as Formosa Fiber Co., Ltd. and changed its name to Formosa Taffeta Co., Ltd. in January 1979. Formosa Taffeta Co., Ltd. was founded in 1973 and is headquartered in Douliou City, Taiwan.
Key statistics
Avg. volume
4.50M
Market cap
NT$32.72B
P/E Ratio
20.91
Price-to-sales ratio
1.22
Enterprise value
NT$34.72B
Free cash flow yield
6.65%
Debt-to-equity ratio
0.23
Return on equity
2.04%
ROIC
1.12%
Beta
0.14
Dividend yield
2.57%
Last dividend
NT$0.50
Financial overview
Revenue
NT$27.54B
Earnings per share
NT$0.51
Free cash flow
NT$1.78B
Net profit margin
5.79%
Gross margin
11.04%
EBITDA
NT$2.04B
Revenue growth
-4.08%
Similar securities
This is not an investment recommendation
Formosa Taffeta for Indian investors
Formosa Taffeta 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 Taffeta 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 Taffeta’s current yield is 2.57%.Dividend tax explained
FAQs
Can I buy Formosa Taffeta on Paasa?
Formosa Taffeta (1434) has been listed on the Taiwan Stock Exchange since 1985, in the Manufacturing - Textiles industry. Formosa Taffeta 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 Taffeta share cost in rupees?
One Formosa Taffeta share is NT$19.45 — about ₹59 at a TWD/INR rate of 3.03 on 9 Oct 2026. Both the Formosa Taffeta 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 Taffeta 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 Taffeta price.
Does Formosa Taffeta pay a dividend, and how is it taxed in India?
Yes. Formosa Taffeta pays a dividend and the current yield is 2.57%; 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 Taffeta 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 Taffeta?
Yes. Formosa Taffeta 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.