Share Price and Basic Stock Data
Last Updated: January 2, 2026, 2:50 am
| PEG Ratio | 1.46 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Indus Towers Ltd operates in the telecom equipment sector, with a market capitalization of ₹1,10,329 Cr and a current share price of ₹419. The company has reported a steady revenue growth trajectory, with total sales rising from ₹27,717 Cr in FY 2022 to ₹28,382 Cr in FY 2023. For FY 2024, revenue stood at ₹28,601 Cr, and the trailing twelve months (TTM) revenues have reached ₹31,520 Cr. Quarterly sales have shown resilience, with figures fluctuating between ₹6,753 Cr in March 2023 and ₹7,132 Cr in September 2023, indicating a stable demand for its services. The company’s Operating Profit Margin (OPM) is robust at 56%, reflecting strong operational efficiency. However, it is noteworthy that the OPM dipped to 34% in FY 2023, before rebounding to 51% in FY 2024. This recovery signals effective management strategies and operational adjustments in response to market dynamics, likely bolstered by increasing demand for telecom infrastructure amidst India’s digital transformation.
Profitability and Efficiency Metrics
Indus Towers has demonstrated commendable profitability metrics, with a Return on Equity (ROE) of 32.5% and a Return on Capital Employed (ROCE) of 29.0%. The company reported a net profit of ₹9,358 Cr, showcasing its ability to convert sales into profit effectively. The quarterly net profit has also shown positive trends, with the latest reported figure at ₹1,839 Cr for September 2025. The Interest Coverage Ratio (ICR) stands at 11.53x, highlighting a strong ability to meet interest obligations, which is significantly above the typical sector range. Additionally, the Cash Conversion Cycle (CCC) is at 58 days, indicating the efficiency of converting investments in inventory and other resources into cash flows. However, the variability in quarterly profits, particularly a loss of ₹708 Cr in December 2022, raises concerns about consistency in earnings performance. Overall, the profitability metrics reflect a strong operational foundation, albeit with some fluctuations that merit monitoring.
Balance Sheet Strength and Financial Ratios
The balance sheet of Indus Towers reflects a solid financial position, with total assets amounting to ₹67,191 Cr as of September 2025. The company’s borrowings are reported at ₹20,948 Cr, which is manageable given its reserves of ₹33,462 Cr. This translates to a low Total Debt to Equity ratio of 0.06, indicating a conservative leverage strategy. The Book Value per share has increased to ₹123.19, suggesting a strengthening equity base. The current ratio is 1.32, which is above the industry norm, showing good liquidity. However, the company’s depreciation expense of ₹6,402 Cr in FY 2025 indicates significant capital expenditure, which could impact cash flows in the short term. Additionally, the gradual increase in borrowings from ₹19,726 Cr in FY 2022 to ₹21,156 Cr in FY 2025 may pose a risk if not managed prudently, especially in a rising interest rate environment. Overall, the balance sheet indicates resilience, though attention to cash flow management is essential.
Shareholding Pattern and Investor Confidence
Indus Towers’ shareholding pattern reveals a diversified ownership structure, with promoters holding 51.03% of the shares, a decline from 68.99% in December 2022. Foreign Institutional Investors (FIIs) hold 26.21%, while Domestic Institutional Investors (DIIs) have 18.24%. The total number of shareholders has grown to 3,80,788, reflecting increasing retail investor interest. The decline in promoter stake may raise questions about management’s confidence in the company’s future, although the stable presence of institutional investors suggests ongoing confidence in the firm’s prospects. The dividend payout ratio has remained at 0% for FY 2023, FY 2024, and FY 2025, which while indicative of reinvestment strategies, may deter income-focused investors. The company’s ability to maintain or enhance investor confidence will hinge on consistent financial performance and effective communication regarding future growth strategies.
Outlook, Risks, and Final Insight
The outlook for Indus Towers appears cautiously optimistic, with robust revenue growth and strong profitability metrics. Key strengths include a high ROE of 32.5%, a stable demand environment for telecom infrastructure, and a solid balance sheet with low leverage. However, risks remain, notably the volatility in quarterly profits and declining promoter shareholding, which could affect market perception. Additionally, the increasing borrowings may pose challenges if interest rates rise. The company must focus on enhancing operational efficiency and managing its capital structure effectively to mitigate these risks. In scenarios where operational efficiencies are maximized and market demand continues to expand, Indus Towers could enhance its profitability and shareholder value. Conversely, failure to address these risks may impact its competitive positioning and financial health in the long run.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Munoth Communication Ltd | 7.33 Cr. | 7.60 | 21.1/6.63 | 14.9 | 0.00 % | 1.61 % | 4.27 % | 10.0 | |
| Indus Towers Ltd | 1,14,971 Cr. | 436 | 440/313 | 12.3 | 137 | 0.00 % | 29.0 % | 32.5 % | 10.0 |
| Avantel Ltd | 4,146 Cr. | 156 | 215/90.3 | 106 | 12.7 | 0.13 % | 37.0 % | 28.6 % | 2.00 |
| ADC India Communications Ltd | 647 Cr. | 1,406 | 2,090/901 | 35.8 | 167 | 2.13 % | 46.6 % | 34.7 % | 10.0 |
| Shyam Telecom Ltd | 13.8 Cr. | 12.3 | 22.8/10.6 | 28.8 | 0.00 % | % | % | 10.0 | |
| Industry Average | 16,807.90 Cr | 316.80 | 142.34 | 50.67 | 0.21% | 16.26% | 16.24% | 8.17 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,967 | 6,765 | 6,753 | 7,076 | 7,132 | 7,199 | 7,193 | 7,383 | 7,465 | 7,547 | 7,727 | 8,058 | 8,188 |
| Expenses | 5,155 | 5,602 | 3,320 | 3,596 | 3,711 | 3,615 | 3,122 | 2,879 | 2,602 | 589 | 3,332 | 3,668 | 3,616 |
| Operating Profit | 2,811 | 1,163 | 3,433 | 3,480 | 3,422 | 3,584 | 4,072 | 4,504 | 4,864 | 6,958 | 4,395 | 4,390 | 4,572 |
| OPM % | 35% | 17% | 51% | 49% | 48% | 50% | 57% | 61% | 65% | 92% | 57% | 54% | 56% |
| Other Income | 63 | -403 | 116 | 56 | 97 | 99 | 108 | 56 | 114 | 84 | 92 | 85 | 83 |
| Interest | 392 | 354 | 336 | 352 | 246 | 11 | 127 | 408 | 418 | 255 | 431 | 437 | 376 |
| Depreciation | 1,307 | 1,358 | 1,320 | 1,374 | 1,526 | 1,596 | 1,564 | 1,560 | 1,580 | 1,568 | 1,693 | 1,704 | 1,801 |
| Profit before tax | 1,175 | -952 | 1,893 | 1,810 | 1,747 | 2,076 | 2,489 | 2,592 | 2,980 | 5,219 | 2,363 | 2,334 | 2,478 |
| Tax % | 26% | -26% | 26% | 26% | 26% | 26% | 26% | 26% | 25% | 23% | 25% | 26% | 26% |
| Net Profit | 872 | -708 | 1,399 | 1,348 | 1,295 | 1,540 | 1,853 | 1,926 | 2,224 | 4,003 | 1,779 | 1,737 | 1,839 |
| EPS in Rs | 3.23 | -2.63 | 5.19 | 5.00 | 4.80 | 5.72 | 6.88 | 7.15 | 8.43 | 15.17 | 6.74 | 6.58 | 6.97 |
Last Updated: December 27, 2025, 12:07 pm
Below is a detailed analysis of the quarterly data for Indus Towers Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 8,188.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,058.00 Cr. (Jun 2025) to 8,188.00 Cr., marking an increase of 130.00 Cr..
- For Expenses, as of Sep 2025, the value is 3,616.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3,668.00 Cr. (Jun 2025) to 3,616.00 Cr., marking a decrease of 52.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 4,572.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,390.00 Cr. (Jun 2025) to 4,572.00 Cr., marking an increase of 182.00 Cr..
- For OPM %, as of Sep 2025, the value is 56.00%. The value appears strong and on an upward trend. It has increased from 54.00% (Jun 2025) to 56.00%, marking an increase of 2.00%.
- For Other Income, as of Sep 2025, the value is 83.00 Cr.. The value appears to be declining and may need further review. It has decreased from 85.00 Cr. (Jun 2025) to 83.00 Cr., marking a decrease of 2.00 Cr..
- For Interest, as of Sep 2025, the value is 376.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 437.00 Cr. (Jun 2025) to 376.00 Cr., marking a decrease of 61.00 Cr..
- For Depreciation, as of Sep 2025, the value is 1,801.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,704.00 Cr. (Jun 2025) to 1,801.00 Cr., marking an increase of 97.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 2,478.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,334.00 Cr. (Jun 2025) to 2,478.00 Cr., marking an increase of 144.00 Cr..
- For Tax %, as of Sep 2025, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 26.00%.
- For Net Profit, as of Sep 2025, the value is 1,839.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,737.00 Cr. (Jun 2025) to 1,839.00 Cr., marking an increase of 102.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 6.97. The value appears strong and on an upward trend. It has increased from 6.58 (Jun 2025) to 6.97, marking an increase of 0.39.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 3:56 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,827 | 11,668 | 5,558 | 6,085 | 6,621 | 6,826 | 6,743 | 13,954 | 27,717 | 28,382 | 28,601 | 30,123 | 31,520 |
| Expenses | 6,427 | 6,664 | 3,070 | 3,260 | 3,464 | 3,714 | 3,185 | 6,775 | 12,816 | 18,713 | 14,044 | 9,473 | 11,205 |
| Operating Profit | 4,400 | 5,004 | 2,488 | 2,825 | 3,157 | 3,112 | 3,558 | 7,179 | 14,901 | 9,669 | 14,557 | 20,650 | 20,316 |
| OPM % | 41% | 43% | 45% | 46% | 48% | 46% | 53% | 51% | 54% | 34% | 51% | 69% | 64% |
| Other Income | 449 | 522 | 1,679 | 1,960 | 1,599 | 1,559 | 1,846 | 1,262 | 458 | 85 | 1,490 | 764 | 344 |
| Interest | 400 | 290 | 33 | 39 | 46 | 53 | 335 | 836 | 1,603 | 1,670 | 1,864 | 1,858 | 1,498 |
| Depreciation | 2,126 | 2,185 | 1,155 | 1,166 | 1,180 | 1,066 | 1,282 | 2,848 | 5,325 | 5,324 | 6,060 | 6,402 | 6,767 |
| Profit before tax | 2,323 | 3,052 | 2,979 | 3,580 | 3,529 | 3,553 | 3,788 | 4,757 | 8,431 | 2,759 | 8,122 | 13,154 | 12,394 |
| Tax % | 35% | 35% | 25% | 23% | 29% | 30% | 13% | 21% | 24% | 26% | 26% | 24% | |
| Net Profit | 1,518 | 1,992 | 2,247 | 2,747 | 2,494 | 2,494 | 3,299 | 3,779 | 6,373 | 2,040 | 6,036 | 9,932 | 9,358 |
| EPS in Rs | 8.03 | 10.52 | 11.85 | 14.85 | 13.48 | 13.48 | 17.83 | 14.02 | 23.65 | 7.57 | 22.40 | 37.65 | 35.46 |
| Dividend Payout % | 55% | 105% | 25% | 108% | 104% | 111% | 59% | 143% | 47% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 31.23% | 12.80% | 22.25% | -9.21% | 0.00% | 32.28% | 14.55% | 68.64% | -67.99% | 195.88% | 64.55% |
| Change in YoY Net Profit Growth (%) | 0.00% | -18.42% | 9.45% | -31.46% | 9.21% | 32.28% | -17.73% | 54.09% | -136.63% | 263.87% | -131.34% |
Indus Towers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 35% |
| 3 Years: | 3% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 26% |
| 3 Years: | 16% |
| TTM: | 47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 9% |
| 3 Years: | 17% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 25% |
| 3 Years: | 23% |
| Last Year: | 33% |
Last Updated: September 5, 2025, 3:01 pm
Balance Sheet
Last Updated: December 4, 2025, 2:39 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,889 | 1,894 | 1,897 | 1,850 | 1,850 | 1,850 | 1,850 | 2,695 | 2,695 | 2,695 | 2,695 | 2,638 | 2,638 |
| Reserves | 16,149 | 15,126 | 16,345 | 13,650 | 15,115 | 12,682 | 11,693 | 13,182 | 19,456 | 18,415 | 24,344 | 29,860 | 33,462 |
| Borrowings | 3,342 | 2,582 | 0 | 278 | 0 | 6 | 4,627 | 21,576 | 19,726 | 19,185 | 20,531 | 21,156 | 20,948 |
| Other Liabilities | 7,255 | 7,552 | 2,461 | 5,163 | 2,661 | 2,577 | 1,584 | 7,491 | 6,091 | 6,278 | 8,298 | 9,514 | 10,143 |
| Total Liabilities | 28,636 | 27,155 | 20,703 | 20,941 | 19,625 | 17,115 | 19,754 | 44,944 | 47,968 | 46,572 | 55,868 | 63,168 | 67,191 |
| Fixed Assets | 15,320 | 14,812 | 6,063 | 5,794 | 5,595 | 5,332 | 6,714 | 31,800 | 31,826 | 32,384 | 39,300 | 44,380 | 46,910 |
| CWIP | 153 | 226 | 70 | 58 | 110 | 118 | 54 | 274 | 179 | 355 | 422 | 567 | 623 |
| Investments | 7,480 | 5,882 | 10,059 | 11,172 | 12,327 | 9,906 | 11,170 | 2,271 | 1,652 | 276 | 3 | 1,486 | 2,929 |
| Other Assets | 5,682 | 6,234 | 4,511 | 3,916 | 1,593 | 1,759 | 1,815 | 10,598 | 14,311 | 13,559 | 16,143 | 16,735 | 16,729 |
| Total Assets | 28,636 | 27,155 | 20,703 | 20,941 | 19,625 | 17,115 | 19,754 | 44,944 | 47,968 | 46,572 | 55,868 | 63,168 | 67,191 |
Below is a detailed analysis of the balance sheet data for Indus Towers Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 2,638.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 2,638.00 Cr..
- For Reserves, as of Sep 2025, the value is 33,462.00 Cr.. The value appears strong and on an upward trend. It has increased from 29,860.00 Cr. (Mar 2025) to 33,462.00 Cr., marking an increase of 3,602.00 Cr..
- For Borrowings, as of Sep 2025, the value is 20,948.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 21,156.00 Cr. (Mar 2025) to 20,948.00 Cr., marking a decrease of 208.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 10,143.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9,514.00 Cr. (Mar 2025) to 10,143.00 Cr., marking an increase of 629.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 67,191.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 63,168.00 Cr. (Mar 2025) to 67,191.00 Cr., marking an increase of 4,023.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 46,910.00 Cr.. The value appears strong and on an upward trend. It has increased from 44,380.00 Cr. (Mar 2025) to 46,910.00 Cr., marking an increase of 2,530.00 Cr..
- For CWIP, as of Sep 2025, the value is 623.00 Cr.. The value appears strong and on an upward trend. It has increased from 567.00 Cr. (Mar 2025) to 623.00 Cr., marking an increase of 56.00 Cr..
- For Investments, as of Sep 2025, the value is 2,929.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,486.00 Cr. (Mar 2025) to 2,929.00 Cr., marking an increase of 1,443.00 Cr..
- For Other Assets, as of Sep 2025, the value is 16,729.00 Cr.. The value appears to be declining and may need further review. It has decreased from 16,735.00 Cr. (Mar 2025) to 16,729.00 Cr., marking a decrease of 6.00 Cr..
- For Total Assets, as of Sep 2025, the value is 67,191.00 Cr.. The value appears strong and on an upward trend. It has increased from 63,168.00 Cr. (Mar 2025) to 67,191.00 Cr., marking an increase of 4,023.00 Cr..
Notably, the Reserves (33,462.00 Cr.) exceed the Borrowings (20,948.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 1.00 | 3.00 | 2.00 | -276.00 | 3.00 | -3.00 | -1.00 | -14.00 | -5.00 | -10.00 | -6.00 | -1.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 11 | 13 | 18 | 15 | 29 | 20 | 100 | 93 | 63 | 82 | 58 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 10 | 11 | 13 | 18 | 15 | 29 | 20 | 100 | 93 | 63 | 82 | 58 |
| Working Capital Days | -89 | -106 | -42 | -207 | -41 | -24 | -149 | -173 | 11 | 3 | 3 | -2 |
| ROCE % | 12% | 15% | 14% | 18% | 23% | 21% | 23% | 19% | 25% | 11% | 22% | 29% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Contra Fund | 25,286,692 | 2.03 | 1014.12 | 19,886,692 | 2025-12-15 08:10:43 | 27.15% |
| Nippon India Growth Mid Cap Fund | 18,000,000 | 1.72 | 721.89 | N/A | N/A | N/A |
| SBI Multicap Fund | 16,400,000 | 2.75 | 657.72 | N/A | N/A | N/A |
| SBI Large & Midcap Fund | 14,114,908 | 1.53 | 566.08 | N/A | N/A | N/A |
| Mirae Asset Large & Midcap Fund | 13,405,324 | 1.23 | 537.62 | 16,305,196 | 2025-12-15 04:31:07 | -17.78% |
| Kotak Multicap Fund | 12,561,353 | 2.26 | 503.77 | N/A | N/A | N/A |
| SBI Midcap Fund | 10,000,000 | 1.72 | 401.05 | N/A | N/A | N/A |
| SBI Balanced Advantage Fund | 9,068,000 | 0.92 | 363.67 | N/A | N/A | N/A |
| Kotak Equity Savings Fund | 9,028,198 | 3.84 | 362.08 | N/A | N/A | N/A |
| 360 One Focused Fund | 8,689,695 | 4.73 | 348.5 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 37.31 | 22.40 | 7.57 | 23.65 | 17.52 |
| Diluted EPS (Rs.) | 37.31 | 22.40 | 7.57 | 23.65 | 17.52 |
| Cash EPS (Rs.) | 61.91 | 44.88 | 27.32 | 43.41 | 21.38 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 123.19 | 100.33 | 78.33 | 82.19 | 58.91 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 123.19 | 100.33 | 78.33 | 82.19 | 58.91 |
| Revenue From Operations / Share (Rs.) | 114.18 | 106.13 | 105.32 | 102.85 | 51.78 |
| PBDIT / Share (Rs.) | 81.17 | 55.35 | 37.22 | 56.99 | 28.11 |
| PBIT / Share (Rs.) | 56.90 | 32.87 | 17.46 | 37.23 | 17.54 |
| PBT / Share (Rs.) | 49.86 | 30.14 | 10.24 | 31.28 | 14.44 |
| Net Profit / Share (Rs.) | 37.65 | 22.40 | 7.57 | 23.65 | 10.81 |
| NP After MI And SOA / Share (Rs.) | 37.65 | 22.40 | 7.57 | 23.65 | 14.02 |
| PBDIT Margin (%) | 71.08 | 52.15 | 35.33 | 55.41 | 54.28 |
| PBIT Margin (%) | 49.83 | 30.97 | 16.58 | 36.20 | 33.87 |
| PBT Margin (%) | 43.66 | 28.39 | 9.72 | 30.41 | 27.88 |
| Net Profit Margin (%) | 32.97 | 21.10 | 7.18 | 22.99 | 20.87 |
| NP After MI And SOA Margin (%) | 32.97 | 21.10 | 7.18 | 22.99 | 27.08 |
| Return on Networth / Equity (%) | 30.56 | 22.32 | 9.66 | 28.77 | 23.80 |
| Return on Capital Employeed (%) | 28.12 | 19.37 | 12.25 | 25.63 | 15.25 |
| Return On Assets (%) | 15.72 | 10.80 | 4.38 | 13.28 | 8.40 |
| Long Term Debt / Equity (X) | 0.00 | 0.05 | 0.11 | 0.10 | 0.09 |
| Total Debt / Equity (X) | 0.06 | 0.15 | 0.22 | 0.24 | 0.43 |
| Asset Turnover Ratio (%) | 0.50 | 0.55 | 0.60 | 0.59 | 0.43 |
| Current Ratio (X) | 1.32 | 1.03 | 1.07 | 1.39 | 0.69 |
| Quick Ratio (X) | 1.32 | 1.03 | 1.07 | 1.39 | 0.69 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 0.00 | 0.00 | 158.38 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 0.00 | 0.00 | 90.31 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 0.00 | -58.38 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 0.00 | 0.00 | 9.69 |
| Interest Coverage Ratio (X) | 11.53 | 20.29 | 6.90 | 9.58 | 9.06 |
| Interest Coverage Ratio (Post Tax) (X) | 6.35 | 9.21 | 2.74 | 4.97 | 4.48 |
| Enterprise Value (Cr.) | 88545.22 | 82710.71 | 43254.22 | 64333.38 | 73061.70 |
| EV / Net Operating Revenue (X) | 2.94 | 2.89 | 1.52 | 2.32 | 5.24 |
| EV / EBITDA (X) | 4.13 | 5.54 | 4.31 | 4.19 | 9.64 |
| MarketCap / Net Operating Revenue (X) | 2.93 | 2.74 | 1.36 | 2.16 | 4.74 |
| Retention Ratios (%) | 0.00 | 0.00 | 0.00 | 0.00 | -58.38 |
| Price / BV (X) | 2.71 | 2.90 | 1.83 | 2.70 | 4.16 |
| Price / Net Operating Revenue (X) | 2.93 | 2.74 | 1.36 | 2.16 | 4.74 |
| EarningsYield | 0.11 | 0.07 | 0.05 | 0.10 | 0.05 |
After reviewing the key financial ratios for Indus Towers Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 37.31. This value is within the healthy range. It has increased from 22.40 (Mar 24) to 37.31, marking an increase of 14.91.
- For Diluted EPS (Rs.), as of Mar 25, the value is 37.31. This value is within the healthy range. It has increased from 22.40 (Mar 24) to 37.31, marking an increase of 14.91.
- For Cash EPS (Rs.), as of Mar 25, the value is 61.91. This value is within the healthy range. It has increased from 44.88 (Mar 24) to 61.91, marking an increase of 17.03.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 123.19. It has increased from 100.33 (Mar 24) to 123.19, marking an increase of 22.86.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 123.19. It has increased from 100.33 (Mar 24) to 123.19, marking an increase of 22.86.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 114.18. It has increased from 106.13 (Mar 24) to 114.18, marking an increase of 8.05.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 81.17. This value is within the healthy range. It has increased from 55.35 (Mar 24) to 81.17, marking an increase of 25.82.
- For PBIT / Share (Rs.), as of Mar 25, the value is 56.90. This value is within the healthy range. It has increased from 32.87 (Mar 24) to 56.90, marking an increase of 24.03.
- For PBT / Share (Rs.), as of Mar 25, the value is 49.86. This value is within the healthy range. It has increased from 30.14 (Mar 24) to 49.86, marking an increase of 19.72.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 37.65. This value is within the healthy range. It has increased from 22.40 (Mar 24) to 37.65, marking an increase of 15.25.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 37.65. This value is within the healthy range. It has increased from 22.40 (Mar 24) to 37.65, marking an increase of 15.25.
- For PBDIT Margin (%), as of Mar 25, the value is 71.08. This value is within the healthy range. It has increased from 52.15 (Mar 24) to 71.08, marking an increase of 18.93.
- For PBIT Margin (%), as of Mar 25, the value is 49.83. This value exceeds the healthy maximum of 20. It has increased from 30.97 (Mar 24) to 49.83, marking an increase of 18.86.
- For PBT Margin (%), as of Mar 25, the value is 43.66. This value is within the healthy range. It has increased from 28.39 (Mar 24) to 43.66, marking an increase of 15.27.
- For Net Profit Margin (%), as of Mar 25, the value is 32.97. This value exceeds the healthy maximum of 10. It has increased from 21.10 (Mar 24) to 32.97, marking an increase of 11.87.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 32.97. This value exceeds the healthy maximum of 20. It has increased from 21.10 (Mar 24) to 32.97, marking an increase of 11.87.
- For Return on Networth / Equity (%), as of Mar 25, the value is 30.56. This value is within the healthy range. It has increased from 22.32 (Mar 24) to 30.56, marking an increase of 8.24.
- For Return on Capital Employeed (%), as of Mar 25, the value is 28.12. This value is within the healthy range. It has increased from 19.37 (Mar 24) to 28.12, marking an increase of 8.75.
- For Return On Assets (%), as of Mar 25, the value is 15.72. This value is within the healthy range. It has increased from 10.80 (Mar 24) to 15.72, marking an increase of 4.92.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.05 (Mar 24) to 0.00, marking a decrease of 0.05.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.06. This value is within the healthy range. It has decreased from 0.15 (Mar 24) to 0.06, marking a decrease of 0.09.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.50. It has decreased from 0.55 (Mar 24) to 0.50, marking a decrease of 0.05.
- For Current Ratio (X), as of Mar 25, the value is 1.32. This value is below the healthy minimum of 1.5. It has increased from 1.03 (Mar 24) to 1.32, marking an increase of 0.29.
- For Quick Ratio (X), as of Mar 25, the value is 1.32. This value is within the healthy range. It has increased from 1.03 (Mar 24) to 1.32, marking an increase of 0.29.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 11.53. This value is within the healthy range. It has decreased from 20.29 (Mar 24) to 11.53, marking a decrease of 8.76.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 6.35. This value is within the healthy range. It has decreased from 9.21 (Mar 24) to 6.35, marking a decrease of 2.86.
- For Enterprise Value (Cr.), as of Mar 25, the value is 88,545.22. It has increased from 82,710.71 (Mar 24) to 88,545.22, marking an increase of 5,834.51.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.94. This value is within the healthy range. It has increased from 2.89 (Mar 24) to 2.94, marking an increase of 0.05.
- For EV / EBITDA (X), as of Mar 25, the value is 4.13. This value is below the healthy minimum of 5. It has decreased from 5.54 (Mar 24) to 4.13, marking a decrease of 1.41.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 2.93. This value is within the healthy range. It has increased from 2.74 (Mar 24) to 2.93, marking an increase of 0.19.
- For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Price / BV (X), as of Mar 25, the value is 2.71. This value is within the healthy range. It has decreased from 2.90 (Mar 24) to 2.71, marking a decrease of 0.19.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 2.93. This value is within the healthy range. It has increased from 2.74 (Mar 24) to 2.93, marking an increase of 0.19.
- For EarningsYield, as of Mar 25, the value is 0.11. This value is below the healthy minimum of 5. It has increased from 0.07 (Mar 24) to 0.11, marking an increase of 0.04.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Indus Towers Ltd:
- Net Profit Margin: 32.97%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 28.12% (Industry Average ROCE: 16.26%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 30.56% (Industry Average ROE: 16.24%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 6.35
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.32
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 12.3 (Industry average Stock P/E: 142.34)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.06
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 32.97%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Telecom Equipment | Building No. 10, Tower-A, Gurugram Haryana 122002 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Dinesh Kumar Mittal | Chairman & Ind.Director |
| Mr. Prachur Sah | Managing Director & CEO |
| Mr. Jagdish Saksena Deepak | Non Executive Director |
| Mr. Harjeet Singh Kohli | Non Executive Director |
| Mr. Gopal Vittal | Non Executive Director |
| Mr. Rajan Bharti Mittal | Non Executive Director |
| Mr. Rakesh Bharti Mittal | Non Executive Director |
| Mr. Soumen Roy | Non Executive Director |
| Mr. Ramesh Abhishek | Independent Director |
| Ms. Anita Kapur | Independent Director |
| Mr. Sharad Bhansali | Independent Director |
FAQ
What is the intrinsic value of Indus Towers Ltd?
Indus Towers Ltd's intrinsic value (as of 01 January 2026) is ₹446.89 which is 2.50% higher the current market price of ₹436.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,14,971 Cr. market cap, FY2025-2026 high/low of ₹440/313, reserves of ₹33,462 Cr, and liabilities of ₹67,191 Cr.
What is the Market Cap of Indus Towers Ltd?
The Market Cap of Indus Towers Ltd is 1,14,971 Cr..
What is the current Stock Price of Indus Towers Ltd as on 01 January 2026?
The current stock price of Indus Towers Ltd as on 01 January 2026 is ₹436.
What is the High / Low of Indus Towers Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Indus Towers Ltd stocks is ₹440/313.
What is the Stock P/E of Indus Towers Ltd?
The Stock P/E of Indus Towers Ltd is 12.3.
What is the Book Value of Indus Towers Ltd?
The Book Value of Indus Towers Ltd is 137.
What is the Dividend Yield of Indus Towers Ltd?
The Dividend Yield of Indus Towers Ltd is 0.00 %.
What is the ROCE of Indus Towers Ltd?
The ROCE of Indus Towers Ltd is 29.0 %.
What is the ROE of Indus Towers Ltd?
The ROE of Indus Towers Ltd is 32.5 %.
What is the Face Value of Indus Towers Ltd?
The Face Value of Indus Towers Ltd is 10.0.