Share Price and Basic Stock Data
Last Updated: February 10, 2026, 10:11 pm
| PEG Ratio | 2.01 |
|---|
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 industry, with a current market price of ₹432 and a market capitalization of ₹1,13,916 Cr. The company has demonstrated stable revenue growth over recent quarters, with sales reported at ₹7,967 Cr in September 2022, declining slightly to ₹6,765 Cr in December 2022, and then recovering to ₹7,132 Cr by September 2023. The trailing twelve months (TTM) sales stood at ₹31,520 Cr, reflecting a consistent upward trend from ₹28,382 Cr reported for the fiscal year ending March 2023. This upward trajectory indicates a strong demand for telecom infrastructure as the sector adapts to increasing data consumption and 5G rollout. The company’s operating profit margin (OPM) has shown significant improvement, rising from 35% in September 2022 to a remarkable 71.08% for the fiscal year ending March 2025. This robust performance is indicative of effective cost management and operational efficiency, aligning with the increasing necessity for reliable telecom services.
Profitability and Efficiency Metrics
Indus Towers has reported impressive profitability metrics, with a net profit of ₹9,358 Cr for the fiscal year ending March 2025, translating to an earnings per share (EPS) of ₹37.31. The return on equity (ROE) stood at 32.5%, showcasing the company’s ability to generate substantial returns for its shareholders. The interest coverage ratio (ICR) was reported at 11.53x, indicating a strong capacity to meet interest obligations, which is crucial for maintaining financial stability. The company has also maintained a net profit margin of 32.97% for the fiscal year ending March 2025, significantly higher than the telecom industry’s average, suggesting superior operational efficiency. Moreover, the cash conversion cycle (CCC) has improved to 58 days, down from 63 days in March 2023, reflecting enhanced liquidity management. While these metrics highlight strengths, the decline in the operating profit margin (OPM) from 34% in March 2023 to 71.08% in March 2025 may raise some concerns regarding sustainability amidst fluctuating market conditions.
Balance Sheet Strength and Financial Ratios
Indus Towers maintains a robust balance sheet, with total assets reported at ₹67,191 Cr as of September 2025. The company has reserves amounting to ₹33,462 Cr, which provides a strong cushion for future investments and operational needs. Total borrowings stood at ₹20,948 Cr, reflecting a manageable debt level, particularly given the total debt-to-equity ratio of 0.06x, which is lower than the sector average. The book value per share increased to ₹123.19 for the fiscal year ending March 2025, demonstrating the company’s solid equity base. The return on capital employed (ROCE) reached 29%, indicating efficient use of capital in generating profits. Moreover, the company’s liquidity position is strong, with a current ratio of 1.32x, suggesting sufficient short-term assets to cover liabilities. However, the increasing trend in borrowings from ₹19,185 Cr in March 2023 to ₹20,948 Cr in September 2025 may warrant monitoring as it could impact future financial flexibility.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Indus Towers reflects a diversified ownership structure, with promoters holding 51.03% of the shares as of September 2025. Foreign institutional investors (FIIs) accounted for 26.21%, while domestic institutional investors (DIIs) held 18.24%. This distribution indicates a healthy mix of domestic and foreign investment, which typically enhances market confidence. The number of shareholders has increased significantly to 3,80,788 as of September 2025, compared to 2,30,242 in December 2022, highlighting growing investor interest in the company. However, the reduction in promoter holding from 68.99% in December 2022 to 51.03% raises questions about potential dilution and its implications for control over corporate governance. Investor confidence is further supported by the company’s strong financial performance, but the fluctuating ownership stakes may create uncertainty among investors regarding long-term strategic direction.
Outlook, Risks, and Final Insight
Looking ahead, Indus Towers is well-positioned to capitalize on the growing demand for telecom infrastructure, particularly with the ongoing 5G rollout. The company’s strong profitability and efficiency metrics suggest a solid operational foundation. However, risks such as potential regulatory changes, increasing competition in the telecom sector, and rising interest rates could pose challenges to future growth. While the company has demonstrated resilience, the sustainability of profit margins amidst evolving market dynamics remains a key concern. Furthermore, the reliance on external financing, as indicated by rising borrowings, could impact financial flexibility in the long term. In summary, Indus Towers presents a compelling investment opportunity driven by robust fundamentals, although investors should remain vigilant regarding external risks that could impact performance. A careful assessment of market conditions and company strategies will be essential for navigating the future landscape.
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 | 5.78 Cr. | 5.99 | 19.0/5.99 | 14.9 | 0.00 % | 1.61 % | 4.27 % | 10.0 | |
| Indus Towers Ltd | 1,21,105 Cr. | 459 | 462/313 | 17.0 | 137 | 0.00 % | 29.0 % | 32.5 % | 10.0 |
| Avantel Ltd | 3,993 Cr. | 150 | 215/90.3 | 175 | 12.7 | 0.13 % | 37.0 % | 28.6 % | 2.00 |
| ADC India Communications Ltd | 673 Cr. | 1,463 | 2,090/901 | 36.7 | 167 | 2.05 % | 46.6 % | 34.7 % | 10.0 |
| Shyam Telecom Ltd | 10.9 Cr. | 10.1 | 19.7/9.11 | 28.8 | 0.00 % | % | % | 10.0 | |
| Industry Average | 17,249.70 Cr | 313.27 | 492.40 | 50.53 | 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 | 2.12 | 1058.88 | 19,886,692 | 2025-12-15 08:10:43 | 27.15% |
| Nippon India Growth Mid Cap Fund | 18,000,000 | 1.79 | 753.75 | N/A | N/A | N/A |
| SBI Multicap Fund | 16,400,000 | 2.89 | 686.75 | N/A | N/A | N/A |
| Kotak Multicap Fund | 15,311,353 | 2.78 | 641.16 | 12,561,353 | 2026-01-25 19:43:17 | 21.89% |
| SBI Large & Midcap Fund | 14,114,908 | 1.58 | 591.06 | N/A | N/A | N/A |
| SBI Midcap Fund | 10,000,000 | 1.8 | 418.75 | N/A | N/A | N/A |
| Tata Value Fund | 9,708,707 | 4.49 | 406.55 | N/A | N/A | N/A |
| Mirae Asset Large & Midcap Fund | 9,324,599 | 0.89 | 390.47 | 13,405,324 | 2026-01-25 06:22:29 | -30.44% |
| SBI Balanced Advantage Fund | 9,068,000 | 0.95 | 379.72 | N/A | N/A | N/A |
| Kotak Equity Savings Fund | 9,028,198 | 3.92 | 378.06 | 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: 17 (Industry average Stock P/E: 492.4)
- 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 11 February 2026) is ₹669.77 which is 45.92% higher the current market price of ₹459.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,21,105 Cr. market cap, FY2025-2026 high/low of ₹462/313, 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 1,21,105 Cr..
What is the current Stock Price of Indus Towers Ltd as on 11 February 2026?
The current stock price of Indus Towers Ltd as on 11 February 2026 is ₹459.
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 ₹462/313.
What is the Stock P/E of Indus Towers Ltd?
The Stock P/E of Indus Towers Ltd is 17.0.
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.

