Sociedad Química y Minera de Chile S.A.
Sociedad Química y Minera de Chile S.A. (NYSE: SQM) is trading at $64.52, about ₹6,251 at today's USD/INR rate, as of 8 Oct 2026, 4:00 PM ET, down 0.14% today. Indian residents can buy Sociedad Química y Minera de Chile from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$64.09
Today's high
$64.94
52 week low
$40.58
52 week high
$98.00
SQM opened at $64.23, closed previously at $64.61, and has traded between $40.58 and $98.00 over the past 52 weeks.
About
Sociedad Química y Minera de Chile S.A., commonly known as SQM, is a major global producer and distributor of a diverse array of chemical and mineral products. Its extensive offerings include specialized plant nutrition solutions, iodine and its various chemical compounds, lithium and its derivatives, potassium chloride and sulfate, and a range of industrial chemicals, alongside other related products and services. Among its key agricultural products are specialty plant nutrients like potassium nitrate, sodium nitrate, and sodium potassium nitrate, as well as customized blends and advanced fertilizers. The company also manufactures iodine and its derivatives, which are widely utilized across medical, pharmaceutical, agricultural, and industrial sectors. These applications encompass crucial ingredients for x-ray contrast agents, polarizing films essential for LCD and LED displays, various antiseptics, biocides, and disinfectants, components for pharmaceutical synthesis, electronic materials, and elements vital for pigments and dyes. Furthermore, SQM supplies lithium carbonates, which are indispensable for numerous applications. These range from electrochemical materials critical for battery manufacturing, frits for the ceramic and enamel industries, and specialized heat-resistant glass, to chemicals used in air conditioning systems, continuous casting powders for steel extrusion, and processing agents for primary aluminum smelting. Lithium carbonates are also employed in pharmaceuticals and as an ingredient in gunpowder production, in addition to serving as a base for other lithium derivatives. Additionally, the company provides lithium hydroxide, valued for its role in the lubricating greases industry and as a key material for battery cathodes. The company's portfolio extends to potassium chloride and potassium sulfate, which are essential for cultivating various crops such as corn, rice, sugar cane, soybeans, and wheat. SQM also produces industrial chemicals including sodium nitrate, potassium nitrate, potassium chloride, and solar salts, alongside a variety of other fertilizers and custom blends. With a significant global footprint, SQM operates across Chile, Latin America and the Caribbean, Europe, North America, and Asia. Sociedad Química y Minera de Chile S.A. was incorporated in 1968 and is headquartered in Santiago, Chile.
Key statistics
Avg. volume
1.01M
Market cap
$18.43B
P/E Ratio
13.39
Price-to-sales ratio
2.75
Enterprise value
$22.72B
Free cash flow yield
2.23%
Debt-to-equity ratio
0.84
Return on equity
10.31%
ROIC
5.71%
Beta
1.07
Dividend yield
3.67%
Last dividend
$1.02
Financial overview
Revenue
$4.57B
Earnings per share
$2.06
Free cash flow
$437.69M
Net profit margin
20.53%
Gross margin
42.05%
EBITDA
$1.57B
Revenue growth
0.89%
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This is not an investment recommendation
How to buy Sociedad Química y Minera de Chile from India
Indian residents can buy Sociedad Química y Minera de Chile 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 Sociedad Química y Minera de Chile 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.
Search for Sociedad Química y Minera de Chile and place an order
Find Sociedad Química y Minera de Chile by name or by its ticker, SQM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Sociedad Química y Minera de Chile trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Sociedad Química y Minera de Chile position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Sociedad Química y Minera de Chile 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
- Slab rateDividends are taxed at your slab rate in India. Sociedad Química y Minera de Chile’s current yield is 3.67%.Dividend tax explained
FAQs
Can Indian residents buy Sociedad Química y Minera de Chile stock?
Yes. Sociedad Química y Minera de Chile (SQM) has been listed on the New York Stock Exchange since 1993, in the Chemicals - Specialty 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 Sociedad Química y Minera de Chile share cost in rupees?
One Sociedad Química y Minera de Chile share is $64.52 — about ₹6,251 at a USD/INR rate of 96.88 on 8 Oct 2026. Both the Sociedad Química y Minera de Chile 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 Sociedad Química y Minera de Chile 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 Sociedad Química y Minera de Chile?
Yes. One Sociedad Química y Minera de Chile share is $64.52, 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 Sociedad Química y Minera de Chile.
How are gains on Sociedad Química y Minera de Chile 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 Sociedad Química y Minera de Chile price. Paasa issues a capital-gains statement for your return.
Does Sociedad Química y Minera de Chile pay a dividend, and how is it taxed in India?
Yes. Sociedad Química y Minera de Chile pays a dividend and the current yield is 3.67%; the last declared dividend was $1.02 per share, about ₹98.62. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Sociedad Química y Minera de Chile from India?
The New York 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 the US is on standard time. Orders can only execute during that window.
Is Sociedad Química y Minera de Chile a United States company, and does that change how it is taxed?
Sociedad Química y Minera de Chile trades on the New York Stock Exchange in US dollars, but the company is domiciled in Chile. Sociedad Química y Minera de Chile trades as an American Depositary Receipt rather than an ordinary share. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Sociedad Química y Minera de Chile 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 Sociedad Química y Minera de Chile holding, its cost and its closing value.
How do I sell Sociedad Química y Minera de Chile 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.