Fortune Brands Innovations, Inc.
Fortune Brands Innovations, Inc. (FWB: 2FB) is trading at €34.80, about ₹3,779 at today's EUR/INR rate, as of 9 Oct 2026, 2:01 AM ET, up 2.35% today. Indian residents can buy Fortune Brands Innovations from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€34.80
Today's high
€34.80
52 week low
€28.60
52 week high
€54.00
2FB opened at €34.80, closed previously at €34.00, and has traded between €28.60 and €54.00 over the past 52 weeks.
About
Fortune Brands Innovations, Inc. (FBI) is a global supplier of home and security solutions, serving residential renovations, new construction, and general security needs across both domestic and international markets. The company's operations are divided into three distinct divisions: Water, Outdoors, and Security. Within its Water division, FBI produces and distributes a comprehensive range of products including faucets, kitchen sinks, accessories, and waste disposals. These are marketed under well-known brands such as Moen, ROHL, Riobel, Victoria+Albert, Perrin & Rowe, Aqualisa, Shaws, Emtek, Schaub, and SpringWell. The Outdoors segment specializes in exterior products. This includes Therma-Tru brand fiberglass and steel entry door systems; storm, screen, and security doors offered under the Larson brand; composite decking, railing, and cladding materials from Fiberon; Fypon's urethane millwork; and wide-opening exterior door systems and outdoor enclosures provided by Solar Innovations. The Security division delivers a variety of locking mechanisms, safety equipment, and electronic security solutions, encompassing connected and mechanical lockout/tagout systems, under the Master Lock, American Lock, Yale, and August brand names. Additionally, this segment provides fire-resistant safes, secure containers, and commercial cabinets via its SentrySafe brand. FBI distributes its merchandise through a diverse network of sales channels. These include specialist kitchen and bath dealers, wholesalers targeting professional builders and remodelers, industrial and locksmith distributors, DIY-focused home improvement centers, dedicated showrooms, online retail platforms, and other general retail locations. Established in 1988, Fortune Brands Innovations, Inc. maintains its primary corporate offices in Deerfield, Illinois.
Key statistics
Avg. volume
5.00
Market cap
€4.15B
P/E Ratio
31.72
Price-to-sales ratio
1.06
Enterprise value
$8.56B
Free cash flow yield
6.08%
Debt-to-equity ratio
1.21
Return on equity
12.51%
ROIC
8.41%
Beta
1.39
Dividend yield
2.64%
Last dividend
€0.90
Financial overview
Revenue
$4.46B
Earnings per share
$2.49
Free cash flow
$366.80M
Net profit margin
3.39%
Gross margin
45.58%
EBITDA
$714.60M
Revenue growth
0.00%
How to buy Fortune Brands Innovations from India
Indian residents can buy Fortune Brands Innovations 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 Fortune Brands Innovations 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 EUR.
Search for Fortune Brands Innovations and place an order
Find Fortune Brands Innovations by name or by its ticker, 2FB, and choose an order type. Fortune Brands Innovations trades 11:30 am – 11:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Fortune Brands Innovations position in EUR and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Fortune Brands Innovations from India
Trading and limits
- Trading hours
- 8:00 am – 8:00 pm CET
- 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. Fortune Brands Innovations’ current yield is 2.64%.Dividend tax explained
FAQs
Can Indian residents buy Fortune Brands Innovations stock?
Yes. Fortune Brands Innovations (2FB) has been listed on the Frankfurt Stock Exchange since 2013, in the Construction Materials 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 EUR. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Fortune Brands Innovations share cost in rupees?
One Fortune Brands Innovations share is €34.80 — about ₹3,779 at an EUR/INR rate of 108.60 on 9 Oct 2026. Both the Fortune Brands Innovations 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 Fortune Brands Innovations 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.
How are gains on Fortune Brands Innovations 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 EUR/INR rate on the purchase and the sale date, so the rupee move counts alongside the Fortune Brands Innovations price. Paasa issues a capital-gains statement for your return.
Does Fortune Brands Innovations pay a dividend, and how is it taxed in India?
Yes. Fortune Brands Innovations pays a dividend and the current yield is 2.64%; the last declared dividend was €0.90 per share, about ₹98.08. 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 Fortune Brands Innovations from India?
The Frankfurt Stock Exchange trades 11:30 am – 11:30 pm IST in Indian time. The window shifts to 12:30 pm – 12:30 am IST when Germany is on standard time. Orders can only execute during that window.
Is Fortune Brands Innovations a Germany company, and does that change how it is taxed?
Fortune Brands Innovations trades on the Frankfurt Stock Exchange in EUR, but the company is domiciled in United States. Fortune Brands Innovations trades as an ordinary share listed directly in Germany, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Fortune Brands Innovations 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 Fortune Brands Innovations holding, its cost and its closing value.
How do I sell Fortune Brands Innovations and bring the money back to India?
You sell during market hours (11:30 am – 11:30 pm IST) and the proceeds settle in EUR 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.
Does the rupee rate affect what I make on Fortune Brands Innovations?
Yes. Fortune Brands Innovations is priced in EUR, so your rupee outcome combines the EUR move with the EUR/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.