Conifex Timber Inc.
Conifex Timber Inc. (TSX: CFF) is trading at CA$0.10, about ₹7 at today's CAD/INR rate, as of 8 Oct 2026, 2:47 PM ET, down 9.09% today. Indian residents can buy Conifex Timber from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$0.10
Today's high
CA$0.10
52 week low
CA$0.06
52 week high
CA$0.27
CFF opened at CA$0.10, closed previously at CA$0.11, and has traded between CA$0.06 and CA$0.27 over the past 52 weeks.
About
Conifex Timber Inc. is principally involved in the global production and distribution of lumber products, serving markets across the United States, China, Canada, and Japan. Its operations cover the full forestry cycle, encompassing timber harvesting, reforestation initiatives, and sustainable forest management. The company specializes in creating finished softwood lumber from spruce, pine, and fir logs, in addition to manufacturing, selling, and delivering dimension lumber. Log processing also yields wood chips and various valuable by-products like trim blocks, sawdust, shavings, and bark. Conifex further offers specialized value-added lumber finishing services. Beyond its core timber business, the firm develops bioenergy and bioproducts, notably operating a 36-megawatt biomass power plant that generates renewable energy for commercial sale. Founded in 2007 as West Fourth Capital Inc., the company rebranded to Conifex Timber Inc. in June 2010 and is headquartered in Vancouver, Canada.
Key statistics
Avg. volume
56.27K
Market cap
CA$4.08M
P/E Ratio
-0.09
Price-to-sales ratio
0.04
Enterprise value
CA$83.58M
Free cash flow yield
-351.92%
Debt-to-equity ratio
3.30
Return on equity
-71.71%
ROIC
-15.16%
Beta
0.47
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$142.75M
Earnings per share
-CA$0.87
Free cash flow
-CA$10.04M
Net profit margin
-43.14%
Gross margin
-16.76%
EBITDA
-CA$28.23M
Revenue growth
11.75%
How to buy Conifex Timber from India
Indian residents can buy Conifex Timber 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 Conifex Timber 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 CAD.
Search for Conifex Timber and place an order
Find Conifex Timber by name or by its ticker, CFF, and choose an order type. Conifex Timber trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Conifex Timber position in CAD and INR. Conifex Timber pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying Conifex Timber 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
- NoneConifex Timber does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
Can Indian residents buy Conifex Timber stock?
Yes. Conifex Timber (CFF) has been listed on the Toronto Stock Exchange since 2010, in the Paper, Lumber & Forest Products 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 Conifex Timber share cost in rupees?
One Conifex Timber share is CA$0.10 — about ₹7 at a CAD/INR rate of 68.23 on 8 Oct 2026. Both the Conifex Timber 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 Conifex Timber 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 Conifex Timber 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 Conifex Timber price. Paasa issues a capital-gains statement for your return.
Does Conifex Timber pay a dividend?
No. Conifex Timber 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 — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Conifex Timber 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 Conifex Timber 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 Conifex Timber holding, its cost and its closing value.
How do I sell Conifex Timber 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 Conifex Timber?
Yes. Conifex Timber 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.