Indus Towers Ltd (INDUSTOWER)
₹376.45
Mkt cap
₹99,406 Cr
P/E ratio
13.90
P/B
2.51
Div yield
3.72%
ROE
18.60%
ROCE
19.50%
EPS (TTM)
₹27.08
Book value
₹150
52W range
324–478
Sector
Telecommunication
Price history
Previous close
Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers. [1]
NSE INDUSTOWERBSE 534816
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−21.20% from high₹376
₹324+16.17% from low₹478
Current
₹376.45
Prev close
₹376.80
Day
−0.09%
Price performance
1D
−0.09%
1W
−3.18%
1M
−2.47%
3M
−10.24%
6M
−14.89%
1Y
+10.92%
YTD
−14.84%
Financials
Revenue, profit & margin
P/E ratio
13.9×
INDUSTOWER is 4% below the sector median of 14.5×
INDUSTOWER13.9×
Sector median14.5×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,076 | 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 | 3,596 | 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 | 3,480 | 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 % | 49% | 48% | 50% | 57% | 61% | 65% | 92% | 57% | 54% | 56% | 55% | 55% | 53% | |
| Other Income | 56 | 97 | 99 | 108 | 56 | 114 | 84 | 92 | 85 | 83 | 154 | 155 | 121 | |
| Interest | 352 | 246 | 11 | 127 | 408 | 418 | 255 | 431 | 437 | 376 | 404 | 376 | 358 | |
| Depreciation | 1,374 | 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 | 1,810 | 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% | 26% | 25% | 23% | 25% | 26% | 26% | 27% | 24% | 26% | |
| Net Profit | 1,348 | 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 | 5.00 | 4.80 | 5.72 | 6.88 | 7.15 | 8.43 | 15.17 | 6.74 | 6.58 | 6.97 | 6.73 | 6.80 | 6.62 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.54% · closed higher next day 23 of last 53
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 26 Oct '23◦ | 24 Jan '24◦ | 1 May '24◦ | 31 Jul '24◦ | 23 Oct '24◦ | 24 Jan '25◦ | 30 Apr '25◦ | 30 Jul '25◦ | 27 Oct '25◦ | 2 Feb '26◦ | 30 Apr '26◦ | 27 Jul '26◦ |
| Earnings day | −0.94% | −1.96% | −0.52% | −1.02% | −1.92% | −5.16% | −7.08% | −5.42% | +3.93% | +1.56% | −2.37% | −1.50% |
| +1 day | −0.21% | +1.00% | −1.09% | −2.78% | −6.27% | −3.93% | −5.90% | −10.08% | +2.63% | +3.08% | −1.77% | −0.32% |
| +5 days | +10.66% | −6.00% | −7.60% | −3.73% | −4.63% | −4.12% | −4.90% | −12.81% | +5.72% | +6.33% | +0.17% | +0.67% |
| +15 days | +12.93% | −4.09% | −3.10% | +0.28% | −9.51% | −8.82% | −6.03% | −7.88% | +8.60% | +8.82% | +7.05% | −3.87% |
| +30 days | +11.02% | +7.61% | −4.31% | −1.09% | +0.83% | −10.26% | −6.82% | −6.38% | +8.87% | +2.12% | +0.44% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202651.26%Promoter
Promoters51.26%
FIIs23.20%1.90
DIIs21.42%1.74
Public4.05%0.12
Government0.04%0.04
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| INDUSTOWER | ₹376.80 | 13.90 | 99,406 | 3.72% | 1,746 | +0.52% | 8,431 | +4.64% | 19.48% |
| Altius Telecom | ₹178.00 | 42.87 | 54,244 | 8.84% | 375 | +65.55% | 6,025 | −0.08% | 8.60% |
| HFCL | ₹231.44 | 61.87 | 35,424 | 0.04% | 246 | +809.06% | 1,915 | +119.85% | 10.86% |
| PACEDIGITK | ₹167.59 | 12.04 | 3,617 | 0.00% | 63 | +13.24% | 555 | +51.29% | 21.26% |
| BONDADA | ₹282.25 | 14.45 | 3,152 | 0.10% | 54 | +38.24% | 692 | +23.99% | 39.43% |
| GTLINFRA | ₹1.16 | — | 1,486 | 0.00% | 69 | +129.86% | 327 | −2.16% | — |
| SUYOG | ₹731.20 | 14.47 | 857 | 0.14% | 14 | −18.11% | 65 | +2.16% | 14.42% |
| Median: 10 Co. | ₹172.80 | 14.45 | 2,319 | 0.02% | 58 | +19.36% | 441 | +11.67% | 14.42% |
Filings
Annual reports14
Concall transcripts56
TranscriptAug 2026RECAug 2026TranscriptMay 2026RECMay 2026TranscriptFeb 2026TranscriptOct 2025RECOct 2025TranscriptJul 2025RECJul 2025TranscriptMay 2025PPTMay 2025TranscriptJan 2025RECJan 2025TranscriptOct 2024PPTOct 2024TranscriptAug 2024TranscriptMay 2024TranscriptJan 2024TranscriptNov 2023TranscriptAug 2023PPTAug 2023TranscriptMay 2023TranscriptFeb 2023TranscriptNov 2022
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 3 Sep - Indus Towers Limited has informed regarding schedule of Analyst/ Institutional Investors' MeetingAnnouncement Under Regulation 30 (LODR)- ESG Ratings 1 Sep - Indus Towers received ESG ratings: Crisil 63 Strong, SES 72.1 in FY26.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 21 AugShareholder Meeting / Postal Ballot-Outcome of AGM 19 AugAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 10 Aug - Indus Towers will attend Motilal Oswal Annual Global Investor Conference on August 17, 2026.

