SMIT Holdings Limited
SMIT Holdings Limited (HKSE: 2239) is trading at HK$1.36, about ₹17 at today's HKD/INR rate, as of 6 Oct 2026, 9:15 PM ET, up 0.74% today. Indian residents can buy SMIT from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$1.36
Today's high
HK$1.36
52 week low
HK$0.65
52 week high
HK$2.40
2239 opened at HK$1.36, closed previously at HK$1.35, and has traded between HK$0.65 and HK$2.40 over the past 52 weeks.
About
SMIT Holdings Limited is a global entity focused on designing, developing, and commercializing security devices. These solutions cater to secure access for pay TV broadcasting and mobile point-of-sale (mPOS) payment systems worldwide. The company's operations span several key segments: CAM, Rapid Verification Systems and Software, Cloud Services, and IC Solutions. Specifically, its CAM and mPOS devices are engineered to ensure the secure distribution of digital content to televisions and robust mobile payment transactions, respectively. Furthermore, SMIT Holdings develops and sells high-speed, hardware-based verification systems and their accompanying software. It also engages in the research, development, and sale of integrated circuit (IC) products, alongside offering related design services. Cloud services, including platform provision and support, are another offering. The company actively participates in the development and application of comprehensive electronic design automation (EDA) systems for chip design. Established in 2002, SMIT Holdings Limited maintains its headquarters in Sha Tin, Hong Kong.
Key statistics
Avg. volume
220.47K
Market cap
HK$441.91M
P/E Ratio
43.33
Price-to-sales ratio
3.46
Enterprise value
$17.43M
Free cash flow yield
-17.03%
Debt-to-equity ratio
0.03
Return on equity
-4.23%
ROIC
-67.74%
Beta
0.27
Dividend yield
0.74%
Last dividend
HK$0.01
Financial overview
Revenue
$14.71M
Earnings per share
-$0.02
Free cash flow
-$5.90M
Net profit margin
9.11%
Gross margin
48.19%
EBITDA
-$1.45M
Revenue growth
5.27%
Similar securities
This is not an investment recommendation
How to buy SMIT from India
Indian residents can buy SMIT 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. Read the full guide: how to invest in SMIT from India
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 HKD.
Search for SMIT and place an order
Find SMIT by name or by its ticker, 2239, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. SMIT trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your SMIT position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying SMIT from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- 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. SMIT’s current yield is 0.74%.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
FAQs
Can Indian residents buy SMIT stock?
Yes. SMIT (2239) has been listed on the Hong Kong Stock Exchange since 2016, in the Communication Equipment 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 HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one SMIT share cost in rupees?
One SMIT share is HK$1.36 — about ₹17 at an HKD/INR rate of 12.34 on 8 Oct 2026. Both the SMIT 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 SMIT 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.
What is the minimum I can buy of SMIT?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on SMIT shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. 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 HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the SMIT price. Paasa issues a capital-gains statement for your return.
Does SMIT pay a dividend, and how is it taxed in India?
Yes. SMIT pays a dividend and the current yield is 0.74%; the last declared dividend was HK$0.01 per share, about ₹0.12. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade SMIT from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is there estate or inheritance tax on SMIT shares held from India?
Hong Kong has no estate duty.
Do I have to declare SMIT 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 SMIT holding, its cost and its closing value.
How do I sell SMIT and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD 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.