MDA Space Ltd
MDA Space Ltd (TSX: MDA) is trading at CA$40.18, about ₹2,741 at today's CAD/INR rate, as of 9 Oct 2026, 4:00 PM ET, up 3.53% today. Indian residents can buy MDA Space from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$38.57
Today's high
CA$40.46
52 week low
CA$20.85
52 week high
CA$67.90
MDA opened at CA$39.07, closed previously at CA$38.81, and has traded between CA$20.85 and CA$67.90 over the past 52 weeks.
About
MDA Ltd., a global technology firm headquartered in Brampton, Canada, specializes in the design, manufacturing, and maintenance of advanced space robotics, satellite systems and their components, and intelligence platforms. The company's operations extend across Canada, the United States, Europe, Asia, the Middle East, and other international markets, offering a broad spectrum of solutions. Through its geointelligence segment, MDA delivers crucial insights derived from satellite imagery and analytical services, supporting critical domains like national security, climate change monitoring, and maritime surveillance. In the field of robotics and space operations, the company facilitates human exploration by providing autonomous robotics and vision sensors deployed in Earth orbit, on the Moon, and on Mars. Additionally, MDA supplies satellite systems and spacecraft, enabling essential space-based services, including high-speed broadband internet connectivity through low Earth orbit satellite constellations. The company also offers dedicated products and services for defense intelligence systems. Its diverse client base includes government agencies, prime contractors, and various organizations within the space industry. Founded in 1969, the company was formerly known as Neptune Acquisition Holdings Inc. before officially rebranding to MDA Ltd. in March 2021.
Key statistics
Avg. volume
1.34M
Market cap
CA$5.58B
P/E Ratio
49.60
Price-to-sales ratio
2.98
Enterprise value
CA$3.57B
Free cash flow yield
7.02%
Debt-to-equity ratio
0.20
Return on equity
8.01%
ROIC
5.51%
Beta
0.22
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$1.63B
Earnings per share
CA$0.87
Free cash flow
CA$232.20M
Net profit margin
5.66%
Gross margin
18.81%
EBITDA
CA$265.60M
Revenue growth
51.21%
How to buy MDA Space from India
Indian residents can buy MDA Space 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 MDA Space 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 MDA Space and place an order
Find MDA Space by name or by its ticker, MDA, and choose an order type. MDA Space trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MDA Space position in CAD and INR. MDA Space pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying MDA Space 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
- NoneMDA Space 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 MDA Space stock?
Yes. MDA Space (MDA) has been listed on the Toronto Stock Exchange since 2021, in the Aerospace & Defense 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 MDA Space share cost in rupees?
One MDA Space share is CA$40.18 — about ₹2,741 at a CAD/INR rate of 68.23 on 8 Oct 2026. Both the MDA Space 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 MDA Space 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 MDA Space 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 MDA Space price. Paasa issues a capital-gains statement for your return.
Does MDA Space pay a dividend?
No. MDA Space 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 MDA Space 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 MDA Space 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 MDA Space holding, its cost and its closing value.
How do I sell MDA Space 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 MDA Space?
Yes. MDA Space 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.