Indus Towers
Market cap ₹1.00 L Cr
- P/E
- 14.01
- Day range
- ₹376.80 – ₹385.15
- 52-week range
- ₹355.55 – ₹481.50
- Volume
- 86.59 L
- Open
- ₹385.15
- Prev close
- ₹381.85
Latest results · Q1 FY27(consolidated)Revenue ₹8,431 Cr+4.6%Profit ₹1,746 Cr+0.5%Margin 20.7%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
INDUSTOWER in NSE indices and F&O
F&O margin for one lot of INDUSTOWER (1,700 shares)Research profile
Composite 70 / 100Factor percentiles
Derived metrics
- Earn. yield
- 7.1%
- Graham no.
- ₹301.59
- vs Graham
- -20.6%
- ROE ÷ P/B
- 7.8%
- 12-1 mom.
- +12.9%
- Return / vol
- 0.47
- Magic Formula
- #84
- Piotroski
- 3/6
- FCF yield
- 7.0%
Appears in 11 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 21 in Telecom| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Bharti AirtelBHARTIARTL | ₹11.80 L Cr | 39.48 | 7.73 | 25.7% | 18.0% | 57.0% | 1.31 | +18.3% |
| Vodafone IdeaIDEA | ₹1.23 L Cr | 3.29 | — | -225.2% | -2.0% | 43.0% | — | +6.1% |
| Indus TowersINDUSTOWER | ₹1.00 L Cr | 14.01 | 2.55 | 19.8% | 19.0% | 53.0% | 0.53 | +4.6% |
| Bharti HexacomBHARTIHEXA | ₹81,895 Cr | 44.91 | 11.40 | 26.5% | 21.0% | 53.0% | 0.86 | +10.9% |
| Tata CommunicationsTATACOMM | ₹47,165 Cr | 42.79 | 13.90 | 30.8% | 15.0% | 21.0% | 3.93 | +9.6% |
| Sterlite TechnologiesSTLTECH | ₹42,495 Cr | 60.12 | 9.36 | 2.6% | 8.0% | 32.0% | 0.22 | +144.6% |
| HFCLHFCL | ₹36,737 Cr | 41.90 | 6.83 | 7.3% | 11.0% | 25.0% | 0.33 | +143.7% |
| DelhiveryDELHIVERY | ₹27,732 Cr | 305.79 | 3.02 | 1.6% | 1.0% | 4.8% | 0.15 | +27.8% |
| Sector median | ₹20,738 Cr | 41.90 | 4.29 | 10.9% | 11.0% | 25.0% | 0.33 | +13.0% |
Sector as classified in the tracked universe; medians use every tracked Telecom company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 6d agoHeadlines about Indus Towers from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 14.0
- EPS (TTM)
- ₹27.12
- Price / Book
- 2.53
- ROE (FY26)
- 19.8%
- ROCE (latest year)
- 19%
- Dividend yield
- 3.68%
Moving averages (NSE)
- 20-day
- ₹377.95
- Price above
- 50-day
- ₹378.25
- Price above
- 200-day
- ₹411.14
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- DII
- FII
- Public
- Government
- Others
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,132 | 7,199 | 7,193 | 7,383 | 7,465 | 7,547 | 7,727 | 8,058 | 8,188 | 8,146 | 8,101 | 8,431 |
| Expenses | 3,711 | 3,615 | 3,122 | 2,879 | 2,602 | 589 | 3,332 | 3,668 | 3,616 | 3,678 | 3,677 | 3,953 |
| Operating Profit | 3,422 | 3,584 | 4,072 | 4,504 | 4,864 | 6,958 | 4,395 | 4,390 | 4,572 | 4,468 | 4,424 | 4,478 |
| OPM % | 48% | 50% | 57% | 61% | 65% | 92% | 57% | 54% | 56% | 55% | 55% | 53% |
| Other Income | 97 | 99 | 108 | 56 | 114 | 84 | 92 | 85 | 83 | 154 | 155 | 121 |
| Interest | 246 | 11 | 127 | 408 | 418 | 255 | 431 | 437 | 376 | 404 | 376 | 358 |
| Depreciation | 1,526 | 1,596 | 1,564 | 1,560 | 1,580 | 1,568 | 1,693 | 1,704 | 1,801 | 1,798 | 1,838 | 1,894 |
| Profit before tax | 1,747 | 2,076 | 2,489 | 2,592 | 2,980 | 5,219 | 2,363 | 2,334 | 2,478 | 2,420 | 2,365 | 2,347 |
| Tax % | 26% | 26% | 26% | 26% | 25% | 23% | 25% | 26% | 26% | 27% | 24% | 26% |
| Net Profit | 1,295 | 1,540 | 1,853 | 1,926 | 2,224 | 4,003 | 1,779 | 1,737 | 1,839 | 1,776 | 1,793 | 1,746 |
| EPS in Rs | ₹4.80 | ₹5.72 | ₹6.88 | ₹7.15 | ₹8.43 | ₹15.17 | ₹6.74 | ₹6.58 | ₹6.97 | ₹6.73 | ₹6.80 | ₹6.62 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-45 days since Mar 2021
-45 days since Mar 2021
+180 days since Mar 2021
Strengths, risks & growth
Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers. [1]
Strengths
- Stock is providing a good dividend yield of 3.68%.
Risks
- Promoter holding has decreased over last 3 years: -17.7%
Compounded Sales Growth
- 10 Years
- +19%
- 5 Years
- +18%
- 3 Years
- +5%
- TTM
- +7%
Compounded Profit Growth
- 10 Years
- +13%
- 5 Years
- +13%
- 3 Years
- +47%
- TTM
- -27%
Stock Price CAGR
- 10 Years
- +1%
- 5 Years
- +7%
- 3 Years
- +31%
- 1 Year
- +5%
Return on Equity
- 10 Years
- +21%
- 5 Years
- +23%
- 3 Years
- +25%
- Last Year
- +19%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 51.03% | 51.26% | 51.26% | 51.26% | 0.00 pp |
| FII | 25.92% | 25.10% | 23.20% | 21.71% | -1.49 pp |
| DII | 18.95% | 19.68% | 21.42% | 22.93% | +1.51 pp |
| Government | 0.00% | 0.00% | 0.04% | 0.04% | 0.00 pp |
| Public | 4.05% | 3.93% | 4.05% | 4.07% | +0.02 pp |
| Others | 0.04% | 0.04% | 0.04% | 0.01% | -0.03 pp |
Filed with NSE for Sept 2026: promoters 51.26%, public 48.74% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 16.23% (+2.14 pp)- Promoters51.3%
- Foreign institutions23.2%
- Mutual funds16.2%
- Insurance4.4%
- Other domestic institutions0.9%
- Retail2.0%
- Others2.0%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| SBI Contra Fund | 1.19% | 2.66% | +0.00 pp |
| Kotak Multi Cap Fund | 0.86% | 2.86% | -0.38 pp |
| SBI Balanced Advantage Fund | 0.78% | 1.93% | +0.42 pp |
| Nippon India Growth Mid Cap Fund | 0.67% | 1.34% | -0.10 pp |
| SBI Large & Midcap Fund | 0.55% | 1.30% | -0.05 pp |
Scorecard
- Performance
- Low
- Valuation
- High
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 26.2%
- Downside volatility
- 25.7%
- Worst 5% of days
- 3.1%
- Average of that tail
- 3.7%
- Max drawdown (1Y)
- 24.6%
- Below its peak
- 20.5%
Against the market
- Beta vs Nifty 50
- 0.86
- Correlation
- 0.44
- Relative strength (3M)
- +2.7%
- ATR (14)
- 2.5%
Return
- Return 1M
- -0.5%
- Return 3M
- -2.6%
- Return 6M
- -6.9%
- Return 1Y
- +12.2%
- vs 200-day average
- -7.6%
Momentum
- RSI (14)
- 50.6
- MACD histogram
- 0.38
- Stochastic %K
- 39.3
- ADX (14)
- 9.3
- +DI / −DI
- 18.3 / 17.1
- Money flow index
- 63.6
Participation
- Delivery (20d avg)
- 57.7%
- vs its 60-day baseline
- +1.2 pts
- Volume vs 20-day
- +1.7σ
- Close vs day's VWAP
- +0.1%
- 52-week position
- 30 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 30 Jun 2026.
Piotroski F-Score
3 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — failed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — passed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — failed
- Asset turnover improving — failed
- Free cash flow
- ₹7,058 Cr
- FCF yield
- 7.0%
- Cash conversion
- 2.20
- Accruals ratio
- -0.120
- Net debt
- ₹21,274 Cr
- Net debt / equity
- 0.51
- EV / sales
- 3.70
- Capex intensity
- 26.5%
- Revenue CAGR
- 7.7%
- Profit CAGR
- -42.6%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Insider trades
| Person | Type | Shares | Value | Disclosed |
|---|---|---|---|---|
INDUS TOWERS EMPLOYEES WELFARE TRUST Other · Market Purchase | Buy | 7,50,000 | ₹26.2 Cr | 12 Sept 2025 |
Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.
Corporate actions
- dividend₹14.00
Dividend - Rs 14 Per Share
10 Aug 2026ex-date - buybackNot available — not reported in this filing
Buy Back
9 Aug 2024ex-date - dividend₹11.00
Interim Dividend - Rs 11 Per Share
13 May 2022ex-date - dividend₹17.82
Interim Dividend - Rs 17.82 Per Share
8 Feb 2021ex-date - dividend₹2.30
Interim Dividend - Rs 2.30 Per Share
5 Aug 2020ex-date - dividend₹4.10
Interim Dividend - Rs 4.10 Per Share
5 May 2020ex-date - dividend₹2.75
Interim Dividend - Rs 2.75 Per Share
19 Dec 2019ex-date - dividend₹3.65
Interim Dividend - Rs 3.65 Per Share
22 Aug 2019ex-date - dividend₹7.50
Interim Dividend - Rs 7.50 Per Share
7 May 2019ex-date - dividend₹7.50
Interim Dividend - Rs 7.50 Per Sh
1 Nov 2018ex-date - dividend₹14.00
Dividend- Rs 14 Per Share
19 Jul 2018ex-date - dividend₹4.00
Dividend - Rs 4 Per Share
20 Jul 2017ex-date - dividend₹12.00
Interm Dividend Rs 12/- Per Share
31 Mar 2017ex-date - dividend₹3.00
Dividend - Rs 3/- Per Share
9 Aug 2016ex-date - otherNot available — not reported in this filing
Buy-Back Of Shares
15 Jun 2016ex-date - dividend₹6.50
Annual General Meeting/ Dividend - Rs 6.50/- Per Share
3 Aug 2015ex-date - dividend₹4.40
Annual General Meeting + Dividend - Rs.4.40/- Per Share + Interim Dividend Rs 4.50/- Per Share(Purpose Revised)
24 Jul 2014ex-date - dividend₹3.00
Annual General Meeting And Dividend Rs.3/- Per Share
20 Jun 2013ex-date
Company announcements
Indus Towers Limited has informed the Exchange regarding Summary of Events pertaining to the Earnings Call on the Company's performance for the second quarter (Q2) ended September 30, 2026
Please find enclosed Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026.
Indus Towers Limited has informed the Exchange regarding Newspaper Publication of Notice for transferring Equity Shares of the Company to the Demat Account of Investor Education and Protection ....
Indus Towers Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve the Audited Financial Results ....
Indus Towers Limited has informed the Exchange regarding Trading Window Closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Indus Towers Limited has informed the Exchange regarding ESG Rating
Indus Towers Limited has informed the Exchange regarding Schedule of Analyst/ Institutional Investors' Meeting
Indus Towers Limited has informed the Exchange regarding schedule of Analyst/ Institutional Investors' Meeting
Indus Towers Limited has informed the Exchange regarding ESG Ratings
Indus Towers Limited has informed the Exchange regarding Voting Results and Scrutinizer Report pertaining to 20th Annual General Meeting
Indus Towers Limited has informed the Exchange regarding proceedings of 20th Annual General Meeting
Indus Towers Limited has informed the Exchange regarding schedule of Analyst/ Institutional Investors' Meeting
Indus Towers Limited has informed the Exchange regarding Transcripts of the Earnings Call on the Company's performance for the first quarter (Q1) ended June 30, 2026
Indus Towers Limited has informed the Exchange regarding Appointment of Mr. Randeep Singh Sekhon as a Director of the Company
Indus Towers Limited has submitted the Exchange a copy of Scrutinizer's Report of Postal Ballot.
Filed with BSE (scrip 534816); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Buybacks, open offers & rights issues
- Buyback
Indus Towers Limited
12 Aug 2024Read on SEBI
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptRecording
- May 2026TranscriptRecording
- Feb 2026Transcript
- Oct 2025TranscriptRecording
- Jul 2025TranscriptRecording
- May 2025TranscriptSlides
Credit ratings
- Rating update · 17 Jul from crisil
- Rating update · 18 Jul 2025 from crisil
- Rating update · 21 Feb 2025 from crisil
- Rating update · 23 Feb 2024 from crisil
- Rating update · 23 Feb 2023 from crisil
- Rating update · 28 Feb 2022 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 28 Jul 2026 (audited). View the source filing. Figures are as filed and are not investment advice.
Indus Towers: common questions
Answered from the figures on this page.
