AppLovin Corporation
AppLovin Corporation (TSX: APPS) is trading at CA$8.66, about ₹587 at today's CAD/INR rate, as of 9 Oct 2026, 3:58 PM ET, down 1.14% today. AppLovin 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
CA$8.63
Today's high
CA$8.81
52 week low
CA$8.37
52 week high
CA$23.43
APPS opened at CA$8.77, closed previously at CA$8.76, and has traded between CA$8.37 and CA$23.43 over the past 52 weeks.
About
AppLovin Corp. engages in the development and operation of a mobile marketing platform. It offers AppDiscovery, MAX, Adjust, and SparkLabs. Its software-based platform caters to mobile application developers to improve the marketing and monetization of applications. The company was founded by Andrew Karam, John Krystynak, and Adam Foroughi in 2011 and is headquartered in Palo Alto, CA.
Key statistics
Avg. volume
103.73K
Market cap
CA$2.64B
P/E Ratio
21.20
Price-to-sales ratio
13.63
Enterprise value
—
Free cash flow yield
—
Debt-to-equity ratio
1.11
Return on equity
—
ROIC
—
Beta
1.04
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
—
Earnings per share
—
Free cash flow
—
Net profit margin
64.58%
Gross margin
88.46%
EBITDA
—
Revenue growth
—
AppLovin for Indian investors
AppLovin is listed on the Toronto 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 AppLovin for Indian residents
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
- NoneAppLovin does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can I buy AppLovin on Paasa?
AppLovin (APPS) has been listed on the Toronto Stock Exchange since 2025, in the Software - Application industry. AppLovin 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 AppLovin share cost in rupees?
One AppLovin share is CA$8.66 — about ₹587 at a CAD/INR rate of 67.74 on 9 Oct 2026. Both the AppLovin 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 AppLovin 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 AppLovin price.
Does AppLovin pay a dividend?
No. AppLovin does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one: dividends are taxed at your slab rate in India.
When does TSX trade, in Indian time?
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.
Is AppLovin a Canada company, and does that change how it is taxed?
AppLovin trades on the Toronto Stock Exchange in CAD, but the company is domiciled in United States. AppLovin trades as a depositary receipt rather than an ordinary share. Your India-side capital-gains treatment is the same either way.
Do I have to declare AppLovin 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 AppLovin?
Yes. AppLovin 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.