Share Price and Basic Stock Data
Last Updated: October 22, 2025, 8:27 am
| PEG Ratio | 1.13 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Indus Towers Ltd operates in the telecom equipment industry and has shown a robust revenue trajectory, with the latest reported sales for FY 2025 standing at ₹30,123 Cr, reflecting a significant increase from ₹28,382 Cr in FY 2023. The quarterly sales data indicates a consistent upward trend, with sales rising from ₹6,897 Cr in June 2022 to ₹7,465 Cr in September 2024. The company’s operating profit margin (OPM) has also improved, particularly in the latter quarters, reaching 69% for FY 2025, which is indicative of strong operational efficiency. The company’s ability to maintain a steady sales growth rate, even amidst fluctuating expenses—recorded at ₹9,278 Cr for FY 2025 compared to ₹18,713 Cr in FY 2023—underscores its operational resilience. Overall, the revenue performance aligns well with the telecom sector’s demand for infrastructure, positioning Indus Towers favorably in a competitive landscape.
Profitability and Efficiency Metrics
Indus Towers has reported impressive profitability metrics, with a net profit of ₹9,932 Cr for FY 2025, a substantial increase from ₹2,040 Cr in FY 2023. The earnings per share (EPS) surged to ₹36.85, highlighting the company’s ability to generate profit for its shareholders effectively. The return on equity (ROE) stood at 32.5%, and return on capital employed (ROCE) was recorded at 29%, showcasing strong profitability relative to equity and capital used. The interest coverage ratio (ICR) is notably high at 12.96x, indicating that the company can comfortably meet its interest obligations. However, the cash conversion cycle (CCC) of 58 days suggests that the company takes a moderate amount of time to convert its investments into cash, which may impact liquidity. Despite this, the overall profitability metrics point towards a solid financial performance that enhances investor confidence.
Balance Sheet Strength and Financial Ratios
The balance sheet of Indus Towers illustrates a strong financial foundation, with total assets amounting to ₹63,168 Cr and total liabilities at ₹55,868 Cr for FY 2025. The company’s borrowings were recorded at ₹21,156 Cr, while reserves increased to ₹29,860 Cr, indicating a healthy equity position relative to debt. The debt-to-equity ratio stands at 0.06, reflecting low leverage and a conservative approach to financing, which is typical in the telecom sector. The current ratio of 1.32 and quick ratio of 1.32 suggest that Indus Towers is well-positioned to meet its short-term liabilities. The price-to-book value (P/BV) ratio of 2.71x indicates that the market values the company at a premium relative to its book value, which can be interpreted as a sign of positive investor sentiment. Overall, these financial ratios highlight a robust balance sheet that supports the company’s operational strategies.
Shareholding Pattern and Investor Confidence
Indus Towers’ shareholding pattern reveals a balanced distribution among various stakeholders, with promoters holding 50% of the equity, while foreign institutional investors (FIIs) comprise 27.51% and domestic institutional investors (DIIs) account for 18.16%. The public shareholding stands at 4.28%, and the total number of shareholders has reached 3,66,757, reflecting growing investor interest. This diverse ownership structure indicates a level of confidence among institutional investors, particularly as FII holdings have shown a gradual increase from 21.41% in September 2023 to 27.51% in June 2025. However, the decline in promoter holding from 68.99% in September 2022 to 50% in March 2025 could raise concerns about governance and control. Nevertheless, the overall trends suggest a healthy investor sentiment towards Indus Towers, bolstered by its strong financial metrics.
Outlook, Risks, and Final Insight
If margins sustain at their current level, Indus Towers may continue to benefit from the increasing demand for telecom infrastructure driven by the expansion of 5G services and digital connectivity. However, risks remain, including potential regulatory changes in the telecom sector and fluctuations in operational costs, which could impact profitability. Additionally, the company’s reliance on borrowed capital, although currently low, necessitates careful management to avoid future vulnerabilities. The balance between maintaining strong profitability and managing operational risks will be crucial for Indus Towers moving forward. If the company can effectively navigate these challenges while capitalizing on growth opportunities, it is well-positioned for sustained success in the evolving telecom landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Indus Towers Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Munoth Communication Ltd | 9.14 Cr. | 9.47 | 21.1/8.47 | 14.9 | 0.00 % | 1.61 % | 4.27 % | 10.0 | |
| Indus Towers Ltd | 97,099 Cr. | 360 | 430/313 | 9.97 | 121 | 0.00 % | 29.0 % | 32.5 % | 10.0 |
| Avantel Ltd | 4,818 Cr. | 182 | 215/90.3 | 123 | 12.7 | 0.11 % | 37.0 % | 28.6 % | 2.00 |
| ADC India Communications Ltd | 706 Cr. | 1,535 | 2,090/901 | 31.4 | 152 | 1.95 % | 46.6 % | 34.7 % | 10.0 |
| Shyam Telecom Ltd | 14.4 Cr. | 12.8 | 35.0/11.4 | 24.9 | 0.00 % | % | % | 10.0 | |
| Industry Average | 15,561.50 Cr | 350.75 | 161.62 | 45.70 | 0.19% | 16.26% | 16.24% | 8.17 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6,897 | 7,967 | 6,765 | 6,753 | 7,076 | 7,132 | 7,199 | 7,193 | 7,383 | 7,465 | 7,547 | 7,727 | 8,058 |
| Expenses | 4,635 | 5,155 | 5,602 | 3,320 | 3,596 | 3,711 | 3,615 | 3,122 | 2,879 | 2,602 | 589 | 3,332 | 3,668 |
| Operating Profit | 2,262 | 2,811 | 1,163 | 3,433 | 3,480 | 3,422 | 3,584 | 4,072 | 4,504 | 4,864 | 6,958 | 4,395 | 4,390 |
| OPM % | 33% | 35% | 17% | 51% | 49% | 48% | 50% | 57% | 61% | 65% | 92% | 57% | 54% |
| Other Income | 92 | 63 | -403 | 116 | 56 | 97 | 99 | 108 | 56 | 114 | 84 | 92 | 85 |
| Interest | 372 | 392 | 354 | 336 | 352 | 246 | 11 | 127 | 408 | 418 | 255 | 431 | 437 |
| Depreciation | 1,339 | 1,307 | 1,358 | 1,320 | 1,374 | 1,526 | 1,596 | 1,564 | 1,560 | 1,580 | 1,568 | 1,693 | 1,704 |
| Profit before tax | 643 | 1,175 | -952 | 1,893 | 1,810 | 1,747 | 2,076 | 2,489 | 2,592 | 2,980 | 5,219 | 2,363 | 2,334 |
| Tax % | 26% | 26% | -26% | 26% | 26% | 26% | 26% | 26% | 26% | 25% | 23% | 25% | 26% |
| Net Profit | 477 | 872 | -708 | 1,399 | 1,348 | 1,295 | 1,540 | 1,853 | 1,926 | 2,224 | 4,003 | 1,779 | 1,737 |
| EPS in Rs | 1.77 | 3.23 | -2.63 | 5.19 | 5.00 | 4.80 | 5.72 | 6.88 | 7.15 | 8.25 | 14.85 | 6.60 | 6.44 |
Last Updated: August 19, 2025, 8:55 pm
Below is a detailed analysis of the quarterly data for Indus Towers Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 8,058.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,727.00 Cr. (Mar 2025) to 8,058.00 Cr., marking an increase of 331.00 Cr..
- For Expenses, as of Jun 2025, the value is 3,668.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,332.00 Cr. (Mar 2025) to 3,668.00 Cr., marking an increase of 336.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 4,390.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,395.00 Cr. (Mar 2025) to 4,390.00 Cr., marking a decrease of 5.00 Cr..
- For OPM %, as of Jun 2025, the value is 54.00%. The value appears to be declining and may need further review. It has decreased from 57.00% (Mar 2025) to 54.00%, marking a decrease of 3.00%.
- For Other Income, as of Jun 2025, the value is 85.00 Cr.. The value appears to be declining and may need further review. It has decreased from 92.00 Cr. (Mar 2025) to 85.00 Cr., marking a decrease of 7.00 Cr..
- For Interest, as of Jun 2025, the value is 437.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 431.00 Cr. (Mar 2025) to 437.00 Cr., marking an increase of 6.00 Cr..
- For Depreciation, as of Jun 2025, the value is 1,704.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,693.00 Cr. (Mar 2025) to 1,704.00 Cr., marking an increase of 11.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 2,334.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,363.00 Cr. (Mar 2025) to 2,334.00 Cr., marking a decrease of 29.00 Cr..
- For Tax %, as of Jun 2025, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Mar 2025) to 26.00%, marking an increase of 1.00%.
- For Net Profit, as of Jun 2025, the value is 1,737.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,779.00 Cr. (Mar 2025) to 1,737.00 Cr., marking a decrease of 42.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 6.44. The value appears to be declining and may need further review. It has decreased from 6.60 (Mar 2025) to 6.44, marking a decrease of 0.16.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:37 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 | 30,797 |
| 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 | 10,190 |
| 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 | 20,607 |
| OPM % | 41% | 43% | 45% | 46% | 48% | 46% | 53% | 51% | 54% | 34% | 51% | 69% | 67% |
| Other Income | 449 | 522 | 1,679 | 1,960 | 1,599 | 1,559 | 1,846 | 1,262 | 458 | 85 | 1,490 | 764 | 374 |
| Interest | 400 | 290 | 33 | 39 | 46 | 53 | 335 | 836 | 1,603 | 1,670 | 1,864 | 1,858 | 1,540 |
| 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 | 6,546 |
| 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 | 12,896 |
| 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 | 9,743 |
| 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 | 36.85 | 36.14 |
| 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: September 10, 2025, 3:24 pm
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Borrowings | 3,342 | 2,582 | 0 | 278 | 0 | 6 | 4,627 | 21,576 | 19,726 | 19,185 | 20,531 | 21,156 |
| 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 |
| 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 |
| 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 |
| CWIP | 153 | 226 | 70 | 58 | 110 | 118 | 54 | 274 | 179 | 355 | 422 | 567 |
| Investments | 7,480 | 5,882 | 10,059 | 11,172 | 12,327 | 9,906 | 11,170 | 2,271 | 1,652 | 276 | 3 | 1,486 |
| 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 |
| 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 |
Below is a detailed analysis of the balance sheet data for Indus Towers Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 2,638.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,695.00 Cr. (Mar 2024) to 2,638.00 Cr., marking a decrease of 57.00 Cr..
- For Reserves, as of Mar 2025, the value is 29,860.00 Cr.. The value appears strong and on an upward trend. It has increased from 24,344.00 Cr. (Mar 2024) to 29,860.00 Cr., marking an increase of 5,516.00 Cr..
- For Borrowings, as of Mar 2025, the value is 21,156.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 20,531.00 Cr. (Mar 2024) to 21,156.00 Cr., marking an increase of 625.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 9,514.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8,298.00 Cr. (Mar 2024) to 9,514.00 Cr., marking an increase of 1,216.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 63,168.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 55,868.00 Cr. (Mar 2024) to 63,168.00 Cr., marking an increase of 7,300.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 44,380.00 Cr.. The value appears strong and on an upward trend. It has increased from 39,300.00 Cr. (Mar 2024) to 44,380.00 Cr., marking an increase of 5,080.00 Cr..
- For CWIP, as of Mar 2025, the value is 567.00 Cr.. The value appears strong and on an upward trend. It has increased from 422.00 Cr. (Mar 2024) to 567.00 Cr., marking an increase of 145.00 Cr..
- For Investments, as of Mar 2025, the value is 1,486.00 Cr.. The value appears strong and on an upward trend. It has increased from 3.00 Cr. (Mar 2024) to 1,486.00 Cr., marking an increase of 1,483.00 Cr..
- For Other Assets, as of Mar 2025, the value is 16,735.00 Cr.. The value appears strong and on an upward trend. It has increased from 16,143.00 Cr. (Mar 2024) to 16,735.00 Cr., marking an increase of 592.00 Cr..
- For Total Assets, as of Mar 2025, the value is 63,168.00 Cr.. The value appears strong and on an upward trend. It has increased from 55,868.00 Cr. (Mar 2024) to 63,168.00 Cr., marking an increase of 7,300.00 Cr..
Notably, the Reserves (29,860.00 Cr.) exceed the Borrowings (21,156.00 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 |
|---|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund | 13,383,920 | 4.34 | 389.67 | 13,383,920 | 2025-04-22 16:34:35 | 0% |
| Motilal Oswal Flexi Cap Fund | 13,158,660 | 3.97 | 383.11 | 13,158,660 | 2025-04-22 16:34:35 | 0% |
| Nippon India Growth Fund | 11,000,000 | 1.29 | 320.27 | 11,000,000 | 2025-04-22 16:34:35 | 0% |
| 360 ONE Focused Equity Fund | 10,399,446 | 4.46 | 302.78 | 10,399,446 | 2025-04-22 09:44:46 | 0% |
| Nippon India Arbitrage Fund | 5,188,400 | 1.09 | 151.06 | 5,188,400 | 2025-04-22 09:44:46 | 0% |
| Nippon India Power & Infra Fund | 4,500,000 | 2.89 | 131.02 | 4,500,000 | 2025-04-22 05:23:31 | 0% |
| HDFC Arbitrage Fund - Regular Plan | 3,967,800 | 1.06 | 115.52 | 3,967,800 | 2025-04-22 09:44:46 | 0% |
| HDFC Arbitrage Fund - Wholesale Plan | 3,967,800 | 1.06 | 115.52 | 3,967,800 | 2025-04-22 09:44:46 | 0% |
| Edelweiss Arbitrage Fund | 3,763,800 | 1.2 | 109.58 | 3,763,800 | 2025-04-22 09:44:46 | 0% |
| HSBC Arbitrage Fund | 2,502,400 | 3.64 | 72.86 | 2,502,400 | 2025-04-22 09:44:46 | 0% |
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: 9.97 (Industry average Stock P/E: 161.62)
- 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 | ir@industowers.com http://www.industowers.com |
| 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 23 October 2025) is 319.93 which is 11.13% lower the current market price of 360.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 97,099 Cr. market cap, FY2025-2026 high/low of 430/313, reserves of ₹29,860 Cr, and liabilities of 63,168 Cr.
What is the Market Cap of Indus Towers Ltd?
The Market Cap of Indus Towers Ltd is 97,099 Cr..
What is the current Stock Price of Indus Towers Ltd as on 23 October 2025?
The current stock price of Indus Towers Ltd as on 23 October 2025 is 360.
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 430/313.
What is the Stock P/E of Indus Towers Ltd?
The Stock P/E of Indus Towers Ltd is 9.97.
What is the Book Value of Indus Towers Ltd?
The Book Value of Indus Towers Ltd is 121.
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.