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Rockwell Medical, Inc.

$8.02Last updated
-$0.20 (2.43%)Past day
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Rockwell Medical, Inc. (NASDAQ: RMTI) is trading at $8.02, about ₹777 at today's USD/INR rate, as of 8 Oct 2026, 4:00 PM ET, down 2.43% today. Indian residents can buy Rockwell Medical from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$8.03
Previous close:$8.22
Volume:8.69K

Today's low

$7.95

Today's high

$8.05

52 week low

$4.89

52 week high

$12.90

RMTI opened at $8.03, closed previously at $8.22, and has traded between $4.89 and $12.90 over the past 52 weeks.

About

Rockwell Medical, Inc., together with its associated companies, operates as a biopharmaceutical firm specializing in treatments for chronic and end-stage kidney disease. The company provides a range of therapies and products aimed at addressing iron deficiency and supporting hemodialysis procedures, serving markets both within the United States and internationally. A key offering includes its Triferic line (Triferic Dialysate and Triferic AVNU), an innovative iron replacement therapy. This therapy is designed to replenish iron and maintain healthy hemoglobin levels in dialysis patients, notably without increasing existing iron stores. Beyond iron management, Rockwell Medical manufactures, sells, and distributes a comprehensive range of hemodialysis concentrates. These include various acid concentrates such as CitraPure (citric), Dri-Sate (dry), and RenalPure (liquid), alongside a dry acid concentrate mixer, and powder bicarbonate concentrates like RenalPure and SteriLyte. These crucial products are vital for sustaining life in dialysis patients by facilitating the removal of toxins and the replacement of essential nutrients in their bloodstream. The company further supplies ancillary items critical for hemodialysis procedures. This extensive catalog comprises blood tubing, fistula needles, dialyzers, pharmaceuticals, specialized component kits, dressings, cleaning agents, filtration salts, and other necessary provisions utilized by hemodialysis providers. Looking to the future, Rockwell Medical is actively developing additional therapeutic candidates. These include treatments for hospitalized individuals suffering from acute heart failure, as well as solutions for home infusion therapy, enabling patients to receive intravenous medications in a home setting. The company primarily serves medium and small-sized dialysis chains, as well as independent dialysis centers. Established in 1996, Rockwell Medical, Inc. maintains its corporate headquarters in Wixom, Michigan.

Country
US
CEO
Mark Strobeck
Exchange listed on
NASDAQ
Industry
Drug Manufacturers - Specialty & Generic
Base currency
USD
Full Time Employees
157
Sector
Healthcare
IPO date
27/01/1998

Key statistics

Avg. volume

31.97K

Market cap

$31.66M

P/E Ratio

-5.77

Price-to-sales ratio

0.46

Enterprise value

$31.76M

Free cash flow yield

-4.00%

Debt-to-equity ratio

0.40

Return on equity

-14.37%

ROIC

-9.49%

Beta

1.63

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$69.26M

Earnings per share

-$1.50

Free cash flow

-$1.20M

Net profit margin

-7.33%

Gross margin

17.71%

EBITDA

-$2.00M

Revenue growth

-31.76%

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This is not an investment recommendation

How to buy Rockwell Medical from India

Indian residents can buy Rockwell Medical 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 Rockwell Medical 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.

  3. Search for Rockwell Medical and place an order

    Find Rockwell Medical by name or by its ticker, RMTI, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Rockwell Medical trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Rockwell Medical position in USD and INR. Rockwell Medical pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Trading and taxes when buying Rockwell Medical 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
NoneRockwell Medical does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

FAQs

Can Indian residents buy Rockwell Medical stock?

Yes. Rockwell Medical (RMTI) has been listed on NASDAQ since 1998, in the Drug Manufacturers - Specialty & Generic 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. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Rockwell Medical share cost in rupees?

One Rockwell Medical share is $8.02 — about ₹777 at a USD/INR rate of 96.88 on 8 Oct 2026. Both the Rockwell Medical 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 Rockwell Medical 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.

Can I buy whole shares of Rockwell Medical?

Yes. One Rockwell Medical share is $8.02, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Rockwell Medical.

How are gains on Rockwell Medical shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. 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 USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Rockwell Medical price. Paasa issues a capital-gains statement for your return.

Does Rockwell Medical pay a dividend?

No. Rockwell Medical 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 Rockwell Medical from India?

NASDAQ 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 the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Rockwell Medical shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Rockwell Medical 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 Rockwell Medical holding, its cost and its closing value.

How do I sell Rockwell Medical and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD 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.