Indus Towers
INDUSTOWERNSE

Indus Towers

₹430.157.80 (1.85%)1D
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Overview
Technicals
News
Events
F&O

Performance

Today’s low
420.95
Today’s high
434.20
52 week low
312.55
52 week high
481.50
Open price
424.70
Previous close
422.35
Live volume
77,49,990
Lower circuit
387.15
Upper circuit
473.15

Fundamentals

Market Cap
₹1,13,586Cr
ROE
18.02%
P/E Ratio(TTM)
15.90
EPS(TTM)
27.08
P/B Ratio
2.87
Dividend Yield
3.25%
Industry P/E
18.20
Book Value
150.28
Debt to Equity
0.53
Face Value
10

Financial performance

Quarterly
Yearly
All Financials
MAR '26
Revenue (Cr)
₹8,256
-0.53%
Profit (Cr)
₹1,793
+0.96%
02.5k5k7.5k10k
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Revenue growthValue
1Y (TTM)+6%
3Y CAGR+3%
Profit growthValue
1Y (TTM)+1%
3Y CAGR+16%

About

Indus Towers is India's largest telecom tower infrastructure company, committed to building robust and sustainable infrastructure for seamless connectivity across the nation. The company's vision is to achieve customer delight through continuous innovation, ensuring it remains a preferred partner for its clients. Its core mission is to transform lives by providing sustainable digital infrastructure and services in alignment with India's digitalisation goals. The company plays a vital role by deploying, owning, and managing telecom towers and communication structures for all major telecom operators. With a range of innovative products, it prioritises enhancing network uptime and coverage quality while reducing operational costs and its carbon footprint. Its expansive network has surpassed the 200,000 mark, with a total of 219,736 macro towers and 368,588 corresponding co-locations.;
CEO/MD
Prachur Sah
Founded in
2006
NSE symbol
INDUSTOWER

Shareholding Pattern

Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Promoters
51.26%
Foreign Institutions
25.09%
Mutual Funds
14.08%
Other Domestic Institutions
5.60%
Retail And Others
3.97%

Mutual Funds Invested (4)

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          Livesquawk
          DAM Capital maintains Neutral on Indus Towers with TP ₹434 citing in-line financials and higher tower additions. Weak tenancy growth, elevated capex, and Jio overhang lead to modest 6–8% earnings CAGR and multiple cut.
          Livesquawk
          Jefferies rates Indus Towers 'Underperform' with a ₹370 target, citing weak ₹14/share dividend. Low ~3% EPS CAGR, sub-4% yield, and AGR renewal risks lower risk-reward appeal.
          Livesquawk
          HSBC downgrades Indus Towers, sets target price at ₹345 citing weaker FCF and dividends due to 28% YoY capex rise. Declining organic co-location additions (-15% YoY), rental pressure, and over-optimistic tenancy expectations add de-rating risks.
          Livesquawk
          UBS maintains Neutral on Indus Towers with a target price of ₹495, citing a soft Q4. Despite strong tower additions and higher capex, flat tenancy ratio and weak metrics limit upside.
          2026
          30
          Apr
          Quarterly & Annual Result
          Release date
          2
          Feb
          Quarterly & Annual Result
          Release date
          2025
          27
          Oct
          Annual Result
          Release date
          30
          Jul
          Quarterly & Annual Result
          Release date
          2024

          9
          Aug
          Buyback
          Ex date

          Offer price₹465.00
          Buyback window14 Aug ‘24 to 21 Aug ‘24
          Ex date9 Aug ‘24
          Record date9 Aug ‘24
          Announcement date30 Jul ‘24
          Buyback typeTender Offer

          30
          Jul
          Buyback
          Announced

          Offer price₹465.00
          Buyback window14 Aug ‘24 to 21 Aug ‘24
          Ex date9 Aug ‘24
          Record date9 Aug ‘24
          Announcement date30 Jul ‘24
          Buyback typeTender Offer
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