Xanadu Quantum Technologies Limited
Xanadu Quantum Technologies Limited (NASDAQ: XNDU) is trading at $3.90, about ₹378 at today's USD/INR rate, as of 9 Oct 2026, 4:00 PM ET, down 5.34% today. Indian residents can buy Xanadu Quantum Technologies from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$3.85
Today's high
$4.19
52 week low
$3.85
52 week high
$42.44
XNDU opened at $4.19, closed previously at $4.12, and has traded between $3.85 and $42.44 over the past 52 weeks.
About
Xanadu Quantum Technologies Inc. specializes in the creation and delivery of photonic quantum computing solutions, encompassing both sophisticated hardware and versatile software platforms. Their hardware offerings include cloud-accessible "x-series" photonic quantum computers, which boast features such as programmable quantum gates and advanced photon-number resolving detectors. On the software front, Xanadu provides a suite of tools: Pennylane: A Python library for quantum programming that supports differentiable quantum programming, facilitating integration with machine learning frameworks and enabling the development of hybrid quantum-classical applications. Catalyst: Designed for just-in-time compilation, it optimizes quantum algorithms for enhanced performance. Lightning: A high-performance quantum simulator built for both CPU and GPU architectures, engineered to integrate seamlessly with Pennylane. The company ensures robust support for its users, offering extensive documentation, instructional tutorials, practical guides, and community-driven resources that cover areas like quantum machine learning, quantum chemistry simulations, and various other quantum computing applications. Users also gain access to collaborative opportunities and expert assistance from their team of quantum specialists. Xanadu targets a broad professional audience, including clients in the quantum computing, software development, and machine learning sectors, as well as advanced research and development professionals who utilize high-performance computing and quantum hardware. The company was established in 2016 and operates from its headquarters in Toronto, Canada.
Key statistics
Avg. volume
3.41M
Market cap
$205.41M
P/E Ratio
-1.35
Price-to-sales ratio
37.35
Enterprise value
CA$351.68M
Free cash flow yield
-0.77%
Debt-to-equity ratio
0.19
Return on equity
-23.82%
ROIC
-22.45%
Beta
2.76
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
CA$4.62M
Earnings per share
-CA$2.36
Free cash flow
-CA$2.73M
Net profit margin
-1577.35%
Gross margin
93.04%
EBITDA
-CA$63.97M
Revenue growth
190.56%
How to buy Xanadu Quantum Technologies from India
Indian residents can buy Xanadu Quantum Technologies 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 Xanadu Quantum Technologies 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 Xanadu Quantum Technologies and place an order
Find Xanadu Quantum Technologies by name or by its ticker, XNDU, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Xanadu Quantum Technologies trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Xanadu Quantum Technologies position in USD and INR. Xanadu Quantum Technologies pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying Xanadu Quantum Technologies 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
- NoneXanadu Quantum Technologies 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 Xanadu Quantum Technologies stock?
Yes. Xanadu Quantum Technologies (XNDU) has been listed on NASDAQ since 2026, in the Software - Infrastructure 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 Xanadu Quantum Technologies share cost in rupees?
One Xanadu Quantum Technologies share is $3.90 — about ₹378 at a USD/INR rate of 96.83 on 10 Oct 2026. Both the Xanadu Quantum Technologies 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 Xanadu Quantum Technologies 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 Xanadu Quantum Technologies?
Yes. One Xanadu Quantum Technologies share is $3.90, 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 Xanadu Quantum Technologies.
How are gains on Xanadu Quantum Technologies 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 Xanadu Quantum Technologies price. Paasa issues a capital-gains statement for your return.
Does Xanadu Quantum Technologies pay a dividend?
No. Xanadu Quantum Technologies 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 Xanadu Quantum Technologies 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 Xanadu Quantum Technologies a United States company, and does that change how it is taxed?
Xanadu Quantum Technologies trades on NASDAQ in US dollars, but the company is domiciled in Canada. Xanadu Quantum Technologies trades as an ordinary share listed directly in the US, not a depositary receipt. 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 Xanadu Quantum Technologies 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 Xanadu Quantum Technologies holding, its cost and its closing value.
How do I sell Xanadu Quantum Technologies 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.