PyroGenesis Canada Inc.
PyroGenesis Canada Inc. (TSX: PYR) is trading at CA$0.24, about ₹16 at today's CAD/INR rate, as of 8 Oct 2026, 3:59 PM ET, down 4.08% today. Indian residents can buy PyroGenesis Canada from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$0.23
Today's high
CA$0.26
52 week low
CA$0.17
52 week high
CA$0.68
PYR opened at CA$0.26, closed previously at CA$0.25, and has traded between CA$0.17 and CA$0.68 over the past 52 weeks.
About
Montréal-based PyroGenesis Canada Inc. is an international pioneer in the development, manufacturing, and commercialization of advanced plasma processes and systems. Their portfolio includes several proprietary technologies: DROSRITE efficiently recovers metal from dross in the aluminum and zinc industries without generating hazardous by-products. PUREVAP converts quartz into high-purity metallurgical and solar-grade silicon. The PUREVAP Nano Silicon Reactor further processes silicon into spherical powders and nanowires, essential components for lithium-ion battery technology. High-powered APT plasma torches serve as a clean alternative to traditional fossil fuel burners. Additionally, PyroGenesis offers a comprehensive suite of plasma arc systems for waste management, including: Onboard destruction of ship waste. Steam plasma cracking systems for breaking down refrigerants such as CFCs, HFCs, and HCFCs. Mobile platforms for the onsite neutralization of chemical warfare agents. Resource recovery systems for land-based waste processing and waste-to-energy applications. Specialized plasma torches for waste gasification and combustion, alongside general plasma arc gasification and vitrification solutions. The company also provides expert engineering, manufacturing services, and contract research, delivering complete turnkey process equipment packages to sectors spanning defense, metallurgy, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Their service offerings extend to installation, commissioning, and ongoing start-up support for their systems.
Key statistics
Avg. volume
338.58K
Market cap
CA$52.98M
P/E Ratio
-4.79
Price-to-sales ratio
3.34
Enterprise value
CA$64.88M
Free cash flow yield
-17.46%
Debt-to-equity ratio
-0.72
Return on equity
141.52%
ROIC
335.02%
Beta
1.25
Dividend yield
0.00%
Last dividend
CA$0.00
Financial overview
Revenue
CA$12.57M
Earnings per share
-CA$0.08
Free cash flow
-CA$10.36M
Net profit margin
-61.36%
Gross margin
23.96%
EBITDA
-CA$11.68M
Revenue growth
-19.68%
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This is not an investment recommendation
How to buy PyroGenesis Canada from India
Indian residents can buy PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Canada and place an order
Find PyroGenesis Canada by name or by its ticker, PYR, and choose an order type. PyroGenesis Canada trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your PyroGenesis Canada position in CAD and INR. PyroGenesis Canada pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying PyroGenesis Canada 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
- NonePyroGenesis Canada 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 PyroGenesis Canada stock?
Yes. PyroGenesis Canada (PYR) has been listed on the Toronto Stock Exchange since 2012, in the Industrial - 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 PyroGenesis Canada share cost in rupees?
One PyroGenesis Canada share is CA$0.24 — about ₹16 at a CAD/INR rate of 68.23 on 8 Oct 2026. Both the PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Canada price. Paasa issues a capital-gains statement for your return.
Does PyroGenesis Canada pay a dividend?
No. PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Canada 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 PyroGenesis Canada holding, its cost and its closing value.
How do I sell PyroGenesis Canada 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 PyroGenesis Canada?
Yes. PyroGenesis Canada 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.