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Ag Growth International Inc.

CA$7.50Last updated
+CA$0.24 (3.31%)Past day
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Ag Growth International Inc. (TSX: AFN) is trading at CA$7.50, about ₹512 at today's CAD/INR rate, as of 8 Oct 2026, 4:00 PM ET, up 3.31% today. Indian residents can buy Ag Growth International from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:CA$7.06
Previous close:CA$7.26
Volume:70.42K

Today's low

CA$7.06

Today's high

CA$7.53

52 week low

CA$5.80

52 week high

CA$36.91

AFN opened at CA$7.06, closed previously at CA$7.26, and has traded between CA$5.80 and CA$36.91 over the past 52 weeks.

About

Ag Growth International Inc. (AGI), through its subsidiaries, is a global manufacturer and distributor of equipment for the handling, storage, and conditioning of grain and rice. The company operates extensively across Canada, the United States, and other international markets. AGI's comprehensive product line encompasses a wide array of solutions for agricultural operations. For storage, it offers various types of bins, including grain, bolted, hopper, smooth wall, and temporary options, alongside unloads, sweeps, and tanks for water and fuel. Conditioning equipment includes advanced mixed-flow dryers, fans, heaters, complete aeration systems (featuring airaugers and specialized floors), vents, exhausters, and stirring mechanisms, as well as related accessories. The company also supplies both portable and permanent material handling solutions. Portable options include augers, conveyors, grain vacs, post pounders, and seed treaters. For more permanent installations, AGI manufactures bucket elevators, diverse chain and belt conveyors (including enclosed models), distributors, feed handling equipment, screw feeders, screw conveyors, and essential spouts and connections. Beyond machinery, AGI provides structural components such as towers, catwalks, ladders, and steel buildings (both traditional and flat storage designs). It is a significant provider of blending and milling technology, producing batch, bulk, declining weight, and vertical blenders, micro-dosing systems, mixers, and a full suite of milling equipment. Additionally, the company delivers sophisticated control and monitoring solutions, including controllers, hazard monitoring systems, general automation equipment, and sampling tools. AGI's extensive offerings further extend to specialized cleaning and destoning units, rice milling and processing machinery, bin unloaders, integrated blending and control systems, and dedicated equipment for blending and conveying both liquid and dry fertilizers. The company also offers complete turnkey design and construction services for new seed and fertilizer facilities, complemented by its farm management software. All of this equipment is precisely engineered for use with agricultural commodities. AGI markets its products under a diverse portfolio of established brand names, including AGI, Airlanco, Batco, Brownie, CMC, Compass, Danmare, Ezee-dry, Frame, Grain Guard, Grainmaxx, Hi Roller, Hutchinson, Improtech, Junge, Keho, Mayrath, Milltec, MMS, Neco, PTM, REM, Sabe, Sentinel, Storm, Suretrack, Tramco, Twister, Westeel, Westfield, Wheatheart, and Yargus. Established in 1996, Ag Growth International Inc. is headquartered in Winnipeg, Canada.

Country
CA
CEO
Paul Brisebois
Exchange listed on
TSX
Industry
Agricultural - Machinery
Base currency
CAD
Full Time Employees
3,679
Sector
Industrials
IPO date
18/05/2004

Key statistics

Avg. volume

343.26K

Market cap

CA$141.60M

P/E Ratio

-1.21

Price-to-sales ratio

0.10

Enterprise value

CA$1.39B

Free cash flow yield

-23.15%

Debt-to-equity ratio

5.41

Return on equity

-10.69%

ROIC

8.70%

Beta

1.10

Dividend yield

4.00%

Last dividend

CA$0.60

Financial overview

Revenue

CA$1.42B

Earnings per share

-CA$1.41

Free cash flow

-CA$100.88M

Net profit margin

-8.43%

Gross margin

24.21%

EBITDA

CA$187.07M

Revenue growth

1.13%

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This is not an investment recommendation

How to buy Ag Growth International from India

Indian residents can buy Ag Growth International 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 Ag Growth International from India

  1. 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.

  2. 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 CAD.

  3. Search for Ag Growth International and place an order

    Find Ag Growth International by name or by its ticker, AFN, and choose an order type. Ag Growth International trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Ag Growth International position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Trading and taxes when buying Ag Growth International from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
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. Ag Growth International’s current yield is 4.00%.Dividend tax explained

FAQs

Can Indian residents buy Ag Growth International stock?

Yes. Ag Growth International (AFN) has been listed on the Toronto Stock Exchange since 2004, in the Agricultural - Machinery 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 CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

How much does one Ag Growth International share cost in rupees?

One Ag Growth International share is CA$7.50 — about ₹512 at a CAD/INR rate of 68.23 on 8 Oct 2026. Both the Ag Growth International 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 Ag Growth International 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 Ag Growth International 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 CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Ag Growth International price. Paasa issues a capital-gains statement for your return.

Does Ag Growth International pay a dividend, and how is it taxed in India?

Yes. Ag Growth International pays a dividend and the current yield is 4.00%; the last declared dividend was CA$0.60 per share, about ₹40.94. 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 Ag Growth International from India?

The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.

Do I have to declare Ag Growth International 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 Ag Growth International holding, its cost and its closing value.

How do I sell Ag Growth International and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD 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 Ag Growth International?

Yes. Ag Growth International is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.