🇮🇳 India Stock Screener ← Switch market ★ Elite Club ⚡ HerAI

Indus Towers Limited INDUSTOWER NIFTY_MIDNSE

Communication Services · Telecom Services · India
https://www.industowers.com
Company Profile ↓
₹404.50
+0.57% 1Y
Mkt Cap₹1.07 L Cr
P/E10.84
P/B2.72
52W High₹477.75
52W Low₹324.05
Book Value₹150.28
EPS (TTM)₹37.31

Company Overview

Indus Towers Limited, a telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia. It offers ground base towers, smart poles, rooftop tower, ground-based mast, microsites, fiberized connectivity solutions, feather sites, small cells, etc.; and energy supply to telecom equipment, as well as acquires the requisite space from residential and commercial property owners and landlords for placing passive infrastructure at strategic locations. The company also provides smart digital infrastructure, which includes smart poles LED lights, CCTV cameras, variable digital messaging board, environment sensors, and city public Wi-Fi services, including fiber backbone. In addition, it offers telecom infra and related services, and business support services and scrap handling for telecom. The company was formerly known as Bharti Infratel Limited and changed its name to Indus Towers Limited in December 2020. Indus Towers Limited was incorporated in 2006 and is based in Gurugram, India. Indus Towers Limited operates as a subsidiary of Bharti Airtel Limited.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 18.0%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 18.4%.

Consistent Profit Growth

Net profit has compounded at 51.9% per year over the last five years.

Reasonable Valuation

Trades at a P/E of 10.8, below the sector median of 24.5.

Healthy Margins

Maintains a net profit margin of 22.0%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Mar 2026 Revenue of ₹32,493.10 Cr (+7.9% YoY); net profit ₹7,144.90 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +7.9%, earnings -28.1%.
  • 5-Year Trend Long-term compounding — revenue CAGR 4.6%, profit CAGR 51.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:4.61%
1 Year:7.87%

Compounded Profit Growth

5 Years:51.86%
1 Year:-28.06%

Stock Price Performance

1 Year:+0.57%
6 Months:-6.67%
3 Months:-2.09%
1 Month:-2.12%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 52% of range
₹324.05 ₹477.75
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • Death Cross2d ago
  • RSI (14)51.59 · Neutral
Price Performance
1M-2.12%
3M-2.09%
6M-6.67%
1Y+0.57%
Valuation vs Sector

P/E of 10.84 is below the sector median of 24.46 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

⚙Ad space

Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Excellent profit margin of 22.0%.
  • Profit CAGR of 51.9% over 5 years.
  • Generates positive free cash flow.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

⚙Ad space

Valuation

Stock P/E
10.84
Industry PE
24.46
Forward P/E
13.00
PEG Ratio
-
Book Value
₹150.28
Price to Book
2.72
P/S
3.32
EV/EBITDA
8.08
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
4.61%
Profit 5Y
51.86%
Revenue (YoY)
7.87%
Earnings (YoY)
-28.06%

Profitability & Returns

ROCE
18.44%
ROE
18.02%
ROA
10.02%
Profit Margin
21.99%
Op Margin
33.34%
Gross Margin
63.05%
EPS (Latest Qtr)
₹6.80
EPS (TTM)
₹37.31

Balance Sheet & Liquidity

Debt/Equity
0.53
Quick Ratio
1.72
Current Ratio
1.72
Debt
₹21,126.90 Cr
Total Assets
₹71,316.10 Cr
Current Assets
₹15,518.40 Cr
Working Capital
₹6,515.40 Cr

Ownership

Promoter Holding
51.31%
Chg in Prom Hold
0.06%
FII / Inst Holding
30.22%
Chg in FII Hold
-0.06%

Financial Snapshot

Enterprise Value
₹1.07 L Cr
Total Revenue (TTM)
₹32,493.10 Cr
EBITDA
₹18,631.60 Cr
Free Cash Flow
₹7,058.20 Cr
Operating Cash Flow
₹15,684.00 Cr
Shares Outstanding
₹263.82 Cr
Gross Margin
63.05%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Communication Services).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 INDUSTOWER Indus Towers Limited NIFTY_MIDNSE 404.50 10.84 ₹1.07 L Cr 0.00% 18.44% 18.02% 4.61% 51.86%
2 BHARTIARTL Bharti Airtel Limited NIFTY50NSEAI 1,936.30 43.64 ₹11.80 L Cr 1.25% 17.67% 17.91% 14.88% 47.34%
3 IDEA Vodafone Idea Limited NIFTY_MIDNSE 13.98 -3.49 ₹1.51 L Cr 0.00% 36.88% -96.63% 2.05% 72.64%
4 BHARTIHEXA BHARTI HEXACOM LIMITED NIFTY_MIDNSE 1,627.00 54.47 ₹81,350.00 Cr 0.62% 21.84% 24.19% 12.45% 46.68%
5 NAUKRI Info Edge (India) Limited NIFTY_MIDNSEAITECH 1,196.35 80.67 ₹77,573.80 Cr 1.20% 4.71% 3.82% 11.88% 483.26%
6 TATACOMM Tata Communications Limited NIFTY_MIDNSEAI 1,853.60 52.82 ₹52,827.60 Cr 0.94% 15.29% 29.06% 11.58% -17.69%
7 AFFLE Affle 3i Limited NIFTY_SMALLNSEAI 1,515.80 55.75 ₹21,336.00 Cr 0.00% 15.30% 12.45% 23.64% 22.97%
8 PFOCUS Prime Focus Limited NSE 270.50 -21.52 ₹20,990.54 Cr 0.00% 24.91% 10.47% -0.29% 14.09%
9 SUNTV Sun TV Network Limited NIFTY_SMALLNSE 497.05 13.60 ₹19,587.98 Cr 1.00% 15.31% 11.39% 4.74% -5.51%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 6,753.00 Cr7,076.00 Cr7,132.00 Cr7,199.00 Cr7,193.00 Cr7,383.00 Cr7,465.00 Cr7,547.40 Cr7,727.10 Cr8,057.60 Cr8,188.00 Cr8,146.30 Cr8,101.00 Cr
Cost of Revenue -------2,825.30 Cr2,830.40 Cr3,070.10 Cr-2,954.30 Cr2,892.90 Cr
Gross Profit -------4,722.10 Cr4,896.70 Cr4,987.50 Cr-5,192.00 Cr5,208.10 Cr
Operating Expenses 3,320.00 Cr3,596.00 Cr3,711.00 Cr3,615.00 Cr3,122.00 Cr2,879.00 Cr2,602.00 Cr-706.50 Cr2,194.50 Cr2,301.70 Cr3,616.00 Cr2,481.40 Cr2,581.60 Cr
Operating Income 2,113.00 Cr2,106.00 Cr1,896.00 Cr1,988.00 Cr2,508.00 Cr2,944.00 Cr3,284.00 Cr5,428.60 Cr2,702.20 Cr2,685.80 Cr2,771.00 Cr2,710.60 Cr2,626.50 Cr
EBITDA 3,433.00 Cr3,480.00 Cr3,422.00 Cr3,584.00 Cr4,072.00 Cr4,504.00 Cr4,864.00 Cr7,248.90 Cr4,535.10 Cr4,512.80 Cr4,572.00 Cr4,705.20 Cr4,672.00 Cr
Interest Expense 336.00 Cr352.00 Cr246.00 Cr11.00 Cr127.00 Cr408.00 Cr418.00 Cr461.60 Cr479.10 Cr474.70 Cr376.00 Cr487.00 Cr468.90 Cr
Pretax Income 1,893.00 Cr1,810.00 Cr1,747.00 Cr2,076.00 Cr2,489.00 Cr2,592.00 Cr2,980.00 Cr5,218.80 Cr2,363.00 Cr2,333.80 Cr2,478.00 Cr2,420.30 Cr2,365.30 Cr
Tax Provision 492.18 Cr470.60 Cr454.22 Cr539.76 Cr647.14 Cr673.92 Cr745.00 Cr1,215.60 Cr583.90 Cr597.00 Cr644.28 Cr644.40 Cr572.40 Cr
Net Income 1,399.00 Cr1,348.00 Cr1,295.00 Cr1,540.00 Cr1,853.00 Cr1,926.00 Cr2,224.00 Cr4,003.20 Cr1,779.10 Cr1,736.80 Cr1,839.00 Cr1,775.90 Cr1,792.90 Cr
Diluted EPS 5.195.004.805.726.887.158.4315.176.756.596.976.736.80

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 11,668.00 Cr5,558.00 Cr6,085.00 Cr6,621.00 Cr6,826.00 Cr6,743.00 Cr13,954.00 Cr-28,381.80 Cr28,600.60 Cr30,122.80 Cr32,493.10 Cr
Cost of Revenue --------10,590.80 Cr11,149.90 Cr11,448.80 Cr12,004.90 Cr
Gross Profit --------17,791.00 Cr17,450.70 Cr18,674.00 Cr20,488.20 Cr
Operating Expenses 6,664.00 Cr3,070.00 Cr3,260.00 Cr3,464.00 Cr3,714.00 Cr3,185.00 Cr6,775.00 Cr-13,347.90 Cr8,816.70 Cr4,231.40 Cr9,653.40 Cr
Operating Income 2,819.00 Cr1,333.00 Cr1,659.00 Cr1,977.00 Cr2,046.00 Cr2,276.00 Cr4,331.00 Cr-4,443.10 Cr8,634.00 Cr14,442.60 Cr10,834.80 Cr
EBITDA 5,004.00 Cr2,488.00 Cr2,825.00 Cr3,157.00 Cr3,112.00 Cr3,558.00 Cr7,179.00 Cr-9,869.80 Cr16,094.40 Cr21,413.70 Cr18,631.60 Cr
Interest Expense 290.00 Cr33.00 Cr39.00 Cr46.00 Cr53.00 Cr335.00 Cr836.00 Cr-1,669.50 Cr1,812.00 Cr1,857.90 Cr1,893.00 Cr
Pretax Income 3,052.00 Cr2,979.00 Cr3,580.00 Cr3,529.00 Cr3,553.00 Cr3,788.00 Cr4,757.00 Cr-2,759.30 Cr8,122.40 Cr13,153.70 Cr9,597.80 Cr
Tax Provision 1,068.20 Cr744.75 Cr823.40 Cr1,023.41 Cr1,065.90 Cr492.44 Cr998.97 Cr-719.30 Cr2,086.20 Cr3,222.00 Cr2,452.90 Cr
Net Income 1,992.00 Cr2,247.00 Cr2,747.00 Cr2,494.00 Cr2,494.00 Cr3,299.00 Cr3,779.00 Cr-2,040.00 Cr6,036.20 Cr9,931.70 Cr7,144.90 Cr
Diluted EPS 10.5211.8514.8513.4813.4817.8314.0223.657.5722.4037.31-

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 27,155.00 Cr20,703.00 Cr20,941.00 Cr19,625.00 Cr17,115.00 Cr19,754.00 Cr44,944.00 Cr-46,572.40 Cr55,867.60 Cr63,170.20 Cr71,316.10 Cr
Current Assets --------8,707.60 Cr10,490.00 Cr12,929.80 Cr15,518.40 Cr
Cash & Equivalents --------22.40 Cr63.10 Cr149.70 Cr47.30 Cr
Inventory ---------07.60 Cr26.80 Cr
Receivables --------4,868.70 Cr6,450.70 Cr4,767.50 Cr4,939.30 Cr
Total Liabilities --------25,462.90 Cr28,828.80 Cr30,671.90 Cr31,670.50 Cr
Current Liabilities --------8,162.80 Cr10,156.50 Cr9,786.80 Cr9,003.00 Cr
Long Term Debt --------2,434.00 Cr1,504.40 Cr153.20 Cr0
Total Debt 2,582.00 Cr0278.00 Cr06.00 Cr4,627.00 Cr21,576.00 Cr-19,184.90 Cr20,531.00 Cr21,155.80 Cr21,126.90 Cr
Total Equity 17,020.00 Cr18,242.00 Cr15,500.00 Cr16,965.00 Cr14,532.00 Cr13,543.00 Cr15,877.00 Cr-21,109.50 Cr27,038.80 Cr32,498.30 Cr39,645.60 Cr
Shares Outstanding --------269.49 Cr269.49 Cr263.82 Cr263.82 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 3,990.00 Cr1,912.00 Cr2,866.00 Cr3,469.00 Cr3,159.00 Cr2,315.00 Cr7,481.00 Cr-7,904.80 Cr11,582.10 Cr19,645.00 Cr15,684.00 Cr
Investing Cash Flow -937.00 Cr1,548.00 Cr-237.00 Cr-1,855.00 Cr1,600.00 Cr-1,012.00 Cr1,798.00 Cr--1,730.00 Cr-7,546.20 Cr-10,910.50 Cr-10,198.30 Cr
Financing Cash Flow -3,188.00 Cr-1,453.00 Cr-2,671.00 Cr-3,555.00 Cr-4,795.00 Cr-1,185.00 Cr-9,377.00 Cr--7,132.60 Cr-3,995.20 Cr-8,647.90 Cr-5,588.10 Cr
Capital Expenditure -1,815.00 Cr-799.00 Cr-906.00 Cr-948.00 Cr-830.00 Cr-729.00 Cr-1,952.00 Cr--3,622.60 Cr-8,952.90 Cr-6,784.00 Cr-8,625.80 Cr
Free Cash Flow 2,175.00 Cr1,113.00 Cr1,960.00 Cr2,521.00 Cr2,329.00 Cr1,586.00 Cr5,529.00 Cr-4,282.20 Cr2,629.20 Cr12,861.00 Cr7,058.20 Cr
Net Change in Cash -136.00 Cr2,007.00 Cr-42.00 Cr-1,940.00 Cr-36.00 Cr118.00 Cr-98.00 Cr--957.80 Cr40.70 Cr86.60 Cr-102.40 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % --------62.7%61.0%62.0%63.1%
Operating Margin % 24.2%24.0%27.3%29.9%30.0%33.8%31.0%-15.7%30.2%47.9%33.3%
Net Margin % 17.1%40.4%45.1%37.7%36.5%48.9%27.1%-7.2%21.1%33.0%22.0%
ROE % 11.7%12.3%17.7%14.7%17.2%24.4%23.8%-9.7%22.3%30.6%18.0%
ROCE % --------11.6%18.9%27.1%17.4%

Shareholding Pattern

Insiders
51.31%
Institutions
30.22%
Public Float
62.07%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for INDUSTOWER

Google News Fri, 10 Jul 2026

INDUSTOWER Outlook for the Week (July 13, 2026 – July 17, 2026) - Equitypandit

<a href="https://news.google.com/rss/articles/CBMibkFVX3lxTE40Wi1pRXZyV2J2QzV4bEptenFaeXlNaHQyZERXUGFiYno0SWplT1gtV1NHenkxRmpLTWdxTjdfTG9jLWd1ME9zN3FCLXZ5ZlpiX0FOWFNlcTBhSjlEZXdYNFZmVFV2UXRuSkFOLVpR?oc=5" target="_blank">INDUSTOWER Outlook …

Google News Mon, 25 May 2026

Indus Towers stock gets CLSA's high-conviction 'Outperform' call; brokerage sees tenancy growth driven by Airtel, Vi - TradingView

<a href="https://news.google.com/rss/articles/CBMihgJBVV95cUxPdVRFMnVIVmhwa0JxY2hxaENqVHZRaHFUa3BGQ3lxQUQxeGJQNmVscV9UWml5T2tJWEZES3VzbklwdjFzNEd4M25VY003Q0tnQTB3cWJxWFJtd1FfZkk1THlVUnhoNnB3MWZRUHV0TmNEZUx2QmJ6MkNIWndXdE1CVFlVLWo2R3VJNjM5bE…

Google News Wed, 21 Jan 2026

Indus Towers' (NSE:INDUSTOWER) earnings growth rate lags the 34% CAGR delivered to shareholders - simplywall.st

<a href="https://news.google.com/rss/articles/CBMi1gFBVV95cUxOZXppblA4ZkhRa01XbElHUWhOVVE0Z0QwdlhELVhFcFFSUGdxTG1aaXlEU0w2OERWUzdRaTVPRmNQeldLdmJOSW9sNkgxVTZYaW1EV0IzSU15UlV1dzFhYnpvMHZXS1FBMlRpWVFTWldZLVNIVEtySVVvWG9DanNNVUJrU1BMdlBIZTlzRH…

Google News hu, 12 Feb 2026

Stock Radar: Indus Tower stock hits fresh record highs in February; what should traders do? - The Economic Times

<a href="https://news.google.com/rss/articles/CBMi5AFBVV95cUxOR0p1bTFJQm50eEJSZlExVGs1aElfWE1CMkNoVEhabW5nY0I0RlVkMEVVX3lxamQ2ZVRHYU8zZmNtUmNCUEpZWkdKYk92UEh3Si1uMzBSUERKc3p2SXNmVGUyYmd2dHFrR0JjaWVXYjdDSHVhenBxUU5WYUVYWkpDN2xLcm40MDJqbnVuaX…

Google News Mon, 09 Feb 2026

Indus Towers Boosts Telecom Infrastructure - marketscreener.com

<a href="https://news.google.com/rss/articles/CBMimwFBVV95cUxQTmVUVTNObmlLZ21DNm1UZTdDbk5PaTJmX2REN2JCTE5fbEphQ0FtZW5nd0JWVTFkTnlTT2M1M2dfenUxR0NiVTZTck1MbVRkc00wT2lZSTJHdTNTMGVPNm01Tk1LMS0yYU1WenJ1UWpUb3JuN2JmZ21UM1dDUG5ZRGxVTk9ucTdJM2NCMz…

Google News Wed, 15 Apr 2026

Jefferies downgrades Indus Towers to 'Underperform'; sees 14% downside - Business Standard

<a href="https://news.google.com/rss/articles/CBMi9AFBVV95cUxNSVB1R3c3bGRBbm9UaHFsejVrenhueGNLVEJOakdGVzRfM3EzNGFoNVAtU09ldldoYVp3dE53SWNIOTJqREM2amF4M21ScUxld3RwZ2FtUUh6MjVuWmhWcTlOdWpCZHk5c3ItZHhCcURCUmdiZVQ2SVNZalNxT3I3WDZUSk9Jbmc4V29GRU…

INDUSTOWER — Frequently Asked Questions

What is the current share price of Indus Towers Limited (INDUSTOWER)?

As of 2026-07-15 09:52 IST, Indus Towers Limited (INDUSTOWER) trades at ₹404.50 on NSE. Its 52-week range is ₹324.05 to ₹477.75.

What is the market capitalisation of INDUSTOWER?

Indus Towers Limited (INDUSTOWER) has a market capitalisation of ₹1.07 L Cr on NSE.

What is the P/E ratio of INDUSTOWER?

INDUSTOWER trades at a trailing price-to-earnings (P/E) ratio of 10.84. The industry average P/E is 24.46. Its price-to-book (P/B) ratio is 2.72.

What is the return on equity (ROE) of INDUSTOWER?

INDUSTOWER has a return on equity (ROE) of 18.02%. Its return on capital employed (ROCE) is 18.44%.

Is INDUSTOWER a good stock to buy?

This page provides a data-driven analysis of Indus Towers Limited (INDUSTOWER), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

Explore More

📊 Communication Services Sector 🔍 All Stock Screens 📈 Technical Screens 💰 Fundamental Screens 🔄 Swing Trading Setups 📐 Chart Patterns 📅 Earnings Calendar 📋 All India Stocks
⚙Ad space