Nifty
:
24894.25
Sensex
:
81207.17
57.95 (0.23%)
223.86 (0.28%)
Nifty
Sensex
:
:
24894.25
81207.17
57.95 (0.23%)
223.86 (0.28%)

Indus Towers Ltd.

Telecommunication - Service Provider

Rating :
53/99

BSE: 534816 | NSE: INDUSTOWER

NSE BSE
353.10
03-Oct-2025
  • Open
  • High
  • Low
  • Previous Close
  •  350.1
  •  355.4
  •  348.3
  •  352.05
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  2694415
  •  946454195.2
  •  430
  •  312.55

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 93,311.82
  • 9.54
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 93,718.12
  • N/A
  • 2.72

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 50.00%
  • 0.92%
  • 3.02%
  • FII
  • DII
  • Others
  • 27.51%
  • 16.88%
  • 1.67%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 18.41
  • 16.64
  • 2.00

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 20.43
  • 16.83
  • 9.94

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 24.16
  • 27.80
  • 69.48

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 15.28
  • 13.72
  • 14.72

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.19
  • 3.09
  • 2.78

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 9.06
  • 6.28
  • 4.95

Earnings Forecasts:

(Updated: 27-09-2025)
Description
2024
2025
2026
2027
Adj EPS
37.31
27.01
29.74
31.78
P/E Ratio
9.46
13.07
11.87
11.11
Revenue
30122.8
32865.5
34837.4
36733.1
EBITDA
20844.7
17672.7
18603.9
19596.9
Net Income
9931.7
7198.5
7853.92
8441.9
ROA
16.69
11.25
11.54
11.61
P/B Ratio
2.87
2.61
2.49
2.34
ROE
33.36
20.6
21.16
21.52
FCFF
12868.9
6233
8124.59
12148.5
FCFF Yield
11.42
5.53
7.21
10.78
Net Debt
17813.6
11659
10575.2
8903.08
BVPS
123.19
135.11
141.85
151.12

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
8,057.60
7,383.00
9.14%
7,727.10
7,193.20
7.42%
7,547.40
7,199.00
4.84%
7,465.30
7,132.50
4.67%
Expenses
3,708.10
2,878.90
28.80%
3,403.10
3,121.60
9.02%
589.30
3,615.00
-83.70%
2,601.50
3,711.00
-29.90%
EBITDA
4,349.50
4,504.10
-3.43%
4,324.00
4,071.60
6.20%
6,958.10
3,584.00
94.14%
4,863.80
3,421.50
42.15%
EBIDTM
53.98%
61.01%
55.96%
56.60%
92.19%
49.78%
65.15%
47.97%
Other Income
163.30
104.00
57.02%
211.10
445.40
-52.60%
290.80
601.70
-51.67%
157.80
309.40
-49.00%
Interest
474.70
455.80
4.15%
479.10
463.60
3.34%
461.60
513.50
-10.11%
461.40
458.60
0.61%
Depreciation
1,704.30
1,560.50
9.21%
1,693.00
1,564.50
8.21%
1,568.50
1,595.70
-1.70%
1,580.10
1,525.60
3.57%
PBT
2,333.80
2,591.80
-9.95%
2,363.00
2,488.90
-5.06%
5,218.80
2,076.50
151.33%
2,980.10
1,746.70
70.61%
Tax
597.00
665.90
-10.35%
583.90
635.80
-8.16%
1,215.60
536.00
126.79%
756.60
452.00
67.39%
PAT
1,736.80
1,925.90
-9.82%
1,779.10
1,853.10
-3.99%
4,003.20
1,540.50
159.86%
2,223.50
1,294.70
71.74%
PATM
21.55%
26.09%
23.02%
25.76%
53.04%
21.40%
29.78%
18.15%
EPS
6.58
7.15
-7.97%
6.74
6.88
-2.03%
15.17
5.72
165.21%
8.43
4.80
75.62%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
30,797.40
30,122.80
28,600.60
28,381.80
27,717.20
13,954.30
6,743.00
6,826.20
6,621.20
6,084.70
5,558.30
Net Sales Growth
6.54%
5.32%
0.77%
2.40%
98.63%
106.94%
-1.22%
3.10%
8.82%
9.47%
 
Cost Of Goods Sold
5.20
3.80
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
30,792.20
30,119.00
28,600.60
28,381.80
27,717.20
13,954.30
6,743.00
6,826.20
6,621.20
6,084.70
5,558.30
GP Margin
99.98%
99.99%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
10,302.00
14,597.00
14,124.90
18,713.20
12,933.50
6,821.10
3,185.20
3,807.50
3,622.50
3,259.60
3,138.90
Power & Fuel Cost
-
11,445.00
11,149.90
10,590.80
10,265.80
5,153.60
2,367.20
2,560.70
2,281.70
2,114.30
1,990.10
% Of Sales
-
37.99%
38.98%
37.32%
37.04%
36.93%
35.11%
37.51%
34.46%
34.75%
35.80%
Employee Cost
-
841.40
782.30
774.10
772.20
512.60
293.50
291.50
291.60
274.60
257.80
% Of Sales
-
2.79%
2.74%
2.73%
2.79%
3.67%
4.35%
4.27%
4.40%
4.51%
4.64%
Manufacturing Exp.
-
1,441.00
1,399.10
1,350.60
1,346.70
724.60
250.30
328.60
406.20
408.40
392.00
% Of Sales
-
4.78%
4.89%
4.76%
4.86%
5.19%
3.71%
4.81%
6.13%
6.71%
7.05%
General & Admin Exp.
-
558.60
541.70
512.70
435.90
303.20
127.00
462.40
449.60
412.00
373.30
% Of Sales
-
1.85%
1.89%
1.81%
1.57%
2.17%
1.88%
6.77%
6.79%
6.77%
6.72%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Miscellaneous Exp.
-
307.20
251.90
5,485.00
112.90
127.10
147.20
164.30
193.40
50.30
0.00
% Of Sales
-
1.02%
0.88%
19.33%
0.41%
0.91%
2.18%
2.41%
2.92%
0.83%
2.26%
EBITDA
20,495.40
15,525.80
14,475.70
9,668.60
14,783.70
7,133.20
3,557.80
3,018.70
2,998.70
2,825.10
2,419.40
EBITDA Margin
66.55%
51.54%
50.61%
34.07%
53.34%
51.12%
52.76%
44.22%
45.29%
46.43%
43.53%
Other Income
823.00
5,887.90
1,570.40
577.80
575.50
442.20
465.70
635.50
480.60
764.70
640.80
Interest
1,876.80
1,857.90
1,863.80
1,670.40
1,603.30
836.40
335.00
52.90
46.50
39.40
33.00
Depreciation
6,545.90
6,402.10
6,059.90
5,323.90
5,325.20
2,848.40
1,281.50
1,065.80
1,180.10
1,165.70
1,155.00
PBT
12,895.70
13,153.70
8,122.40
3,252.10
8,430.70
3,890.60
2,407.00
2,535.50
2,252.70
2,384.70
1,872.20
Tax
3,153.10
3,222.00
2,086.20
719.30
2,057.60
977.90
488.80
1,058.90
1,035.50
832.70
731.70
Tax Rate
24.45%
24.50%
25.68%
26.07%
24.41%
25.13%
20.31%
41.76%
46.50%
34.92%
39.08%
PAT
9,742.60
9,931.70
6,036.20
2,040.00
6,373.10
2,912.70
1,918.20
1,476.60
1,191.20
1,552.00
1,140.50
PAT before Minority Interest
9,742.60
9,931.70
6,036.20
2,040.00
6,373.10
2,912.70
1,918.20
1,476.60
1,191.20
1,552.00
1,140.50
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
31.63%
32.97%
21.11%
7.19%
22.99%
20.87%
28.45%
21.63%
17.99%
25.51%
20.52%
PAT Growth
47.30%
64.54%
195.89%
-67.99%
118.80%
51.85%
29.91%
23.96%
-23.25%
36.08%
 
EPS
36.93
37.65
22.88
7.73
24.16
11.04
7.27
5.60
4.52
5.88
4.32

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
32,498.30
27,038.80
21,109.50
22,150.50
15,877.00
13,542.30
14,531.60
16,964.40
15,499.30
18,242.10
Share Capital
2,638.10
2,694.90
2,694.90
2,694.90
2,694.90
1,849.60
1,849.60
1,849.60
1,849.60
1,896.70
Total Reserves
29,841.10
24,329.00
18,402.80
19,445.80
13,178.00
11,686.70
12,675.20
15,114.80
13,649.70
16,345.40
Non-Current Liabilities
20,882.80
17,596.70
16,078.30
16,990.20
15,116.10
2,252.20
807.80
845.10
868.30
1,044.50
Secured Loans
0.00
0.00
0.00
0.00
166.70
0.00
0.00
0.00
0.00
0.00
Unsecured Loans
153.20
1,504.40
2,434.00
2,373.90
1,338.40
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
2,465.60
2,159.20
1,873.80
1,719.80
1,566.60
302.30
272.30
248.40
224.30
200.90
Current Liabilities
9,786.80
10,156.50
8,162.80
8,826.90
13,950.60
3,826.30
1,775.20
1,815.90
4,573.50
1,416.60
Trade Payables
2,445.00
2,279.70
2,121.90
2,129.30
3,258.80
807.20
1,083.30
1,099.60
1,121.40
64.50
Other Current Liabilities
6,243.50
6,745.60
5,166.70
5,512.60
5,046.70
569.80
657.40
658.30
3,146.00
1,340.20
Short Term Borrowings
881.70
875.40
740.00
919.10
5,465.20
2,418.40
5.70
0.00
278.50
0.00
Short Term Provisions
216.60
255.80
134.20
265.90
179.90
30.90
28.80
58.00
27.60
11.90
Total Liabilities
63,167.90
54,792.00
45,350.60
47,967.60
44,943.70
19,620.80
17,114.60
19,625.40
20,941.10
20,703.20
Net Block
44,379.90
39,300.20
32,383.60
31,826.10
31,800.20
6,714.10
5,332.20
5,594.80
5,794.20
6,063.10
Gross Block
96,561.60
85,719.50
74,548.30
70,301.40
67,570.60
16,927.80
14,798.00
14,266.50
13,589.00
12,915.60
Accumulated Depreciation
52,181.70
46,419.30
42,164.70
38,475.30
35,770.40
10,213.70
9,465.80
8,671.70
7,794.80
6,852.50
Non Current Assets
50,238.10
44,302.00
36,643.00
35,656.30
35,313.90
14,669.50
12,834.60
12,013.40
16,065.20
15,157.80
Capital Work in Progress
567.20
421.90
354.60
178.70
273.60
54.50
118.00
110.30
58.50
70.10
Non Current Investment
0.00
2.80
0.00
0.00
0.00
7,432.00
6,950.90
5,819.60
9,673.00
8,444.60
Long Term Loans & Adv.
2,307.30
2,083.50
1,891.70
1,768.80
1,760.20
219.10
251.50
214.00
299.80
354.90
Other Non Current Assets
2,983.70
2,493.60
2,013.10
1,882.70
1,479.90
249.80
182.00
274.70
239.70
225.10
Current Assets
12,929.80
10,490.00
8,707.60
12,311.30
9,629.80
4,951.30
4,280.00
7,612.00
4,875.90
5,545.40
Current Investments
1,486.10
0.00
275.60
1,652.10
2,271.40
3,738.10
2,954.90
6,507.30
1,499.00
1,614.80
Inventories
7.60
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Sundry Debtors
4,767.50
6,450.70
4,868.70
7,058.60
3,828.50
367.20
550.90
274.60
300.00
195.50
Cash & Bank
1,856.10
63.10
22.40
980.20
14.50
147.00
1.70
31.20
2,249.80
3,159.50
Other Current Assets
4,812.50
192.00
131.90
125.80
3,515.40
699.00
772.50
798.90
827.10
575.60
Short Term Loans & Adv.
4,497.30
3,784.20
3,409.00
2,494.60
3,189.40
183.90
199.40
194.90
619.90
379.10
Net Current Assets
3,143.00
333.50
544.80
3,484.40
-4,320.80
1,125.00
2,504.80
5,796.10
302.40
4,128.80
Total Assets
63,167.90
54,792.00
45,350.60
47,967.60
44,943.70
19,620.80
17,114.60
19,625.40
20,941.10
20,703.20

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
19,645.00
11,582.10
7,904.80
9,121.20
7,481.10
2,315.10
3,158.60
3,469.40
2,866.20
1,911.50
PBT
13,153.70
8,122.40
2,759.30
8,430.70
3,890.60
3,787.50
3,552.70
3,529.20
3,579.70
2,979.10
Adjustment
1,926.20
6,374.20
11,769.50
5,993.00
3,026.10
-388.90
682.30
636.20
184.30
-482.30
Changes in Working Capital
6,439.70
-1,044.50
-4,404.80
-3,389.60
1,643.20
-537.00
-265.30
112.60
-101.70
107.50
Cash after chg. in Working capital
21,519.60
13,452.10
10,124.00
11,034.10
8,559.90
2,861.60
3,969.70
4,278.00
3,662.30
2,604.30
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-1,874.60
-1,870.00
-2,219.20
-1,912.90
-1,078.80
-546.50
-811.10
-808.60
-796.10
-692.80
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-10,910.50
-7,546.20
-1,730.00
-2,173.70
1,797.70
-1,012.20
1,599.90
-1,855.10
-237.20
1,548.30
Net Fixed Assets
-10,987.30
-11,241.00
-4,424.80
-2,655.30
-50,860.10
-2,050.60
-532.00
-715.40
-659.00
-93.50
Net Investments
-1,483.30
267.80
1,376.50
619.30
9,205.80
-650.00
1,987.70
-1,163.90
-1,179.70
1,437.80
Others
1,560.10
3,427.00
1,318.30
-137.70
43,452.00
1,688.40
144.20
24.20
1,601.50
204.00
Cash from Financing Activity
-8,647.90
-3,995.20
-7,132.60
-5,981.60
-9,376.80
-1,185.40
-4,794.70
-3,554.80
-2,671.00
-1,452.90
Net Cash Inflow / Outflow
86.60
40.70
-957.80
965.90
-98.00
117.50
-36.20
-1,940.50
-42.00
2,006.90
Opening Cash & Equivalents
63.10
22.40
980.20
14.30
112.10
-5.40
30.80
1,971.30
2,013.30
6.40
Closing Cash & Equivalent
149.70
63.10
22.40
980.20
14.30
112.10
-5.40
30.80
1,971.30
2,013.30

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
123.12
100.28
78.29
82.16
58.90
73.19
78.53
91.72
83.80
96.18
ROA
16.84%
12.06%
4.37%
13.72%
9.02%
10.44%
8.04%
5.87%
7.45%
4.56%
ROE
33.38%
25.09%
9.44%
33.53%
19.81%
13.67%
9.38%
7.34%
9.20%
6.48%
ROCE
45.41%
34.93%
16.57%
38.83%
23.63%
17.98%
16.43%
13.89%
14.25%
10.07%
Fixed Asset Turnover
0.33
0.36
0.39
0.40
0.33
0.43
0.47
0.48
0.46
0.28
Receivable days
67.97
72.23
76.69
71.68
54.87
24.85
22.07
15.84
14.86
18.02
Inventory Days
0.09
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
93.62
97.32
54.54
9.54
Cash Conversion Cycle
68.06
72.23
76.69
71.68
54.87
24.85
-71.55
-81.48
-39.68
8.47
Total Debt/Equity
0.07
0.16
0.22
0.25
0.51
0.18
0.00
0.00
0.02
0.00
Interest Cover
8.08
5.36
2.65
6.26
5.65
8.19
48.93
48.89
61.53
57.73

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • Indus Towers inks pact with IIT Madras
    17th Sep 2025, 11:18 AM

    IIT Madras will lead rigorous investigations into the mechanical performance, durability, and lifecycle sustainability of GFRP materials

    Read More
  • Indus Towers gets nod to foray into African markets
    3rd Sep 2025, 11:49 AM

    These markets offer attractive prospects for revenue diversification, operational scalability, and long-term value creation

    Read More
  • Indus Towers - Quarterly Results
    30th Jul 2025, 21:39 PM

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.