Nifty
Sensex
:
:
23997.55
76913.50
-180.10 (-0.74%)
-582.86 (-0.75%)

Telecommunication - Service Provider

Rating :
54/99

BSE: 534816 | NSE: INDUSTOWER

409.95
30-Apr-2026
  • Open
  • High
  • Low
  • Previous Close
  •  413
  •  413.9
  •  407
  •  413.90
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  4414903
  •  1809175038.85
  •  481.5
  •  312.55

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,08,204.25
  • 15.17
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,07,572.85
  • N/A
  • 2.86

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 51.26%
  • 0.93%
  • 2.70%
  • FII
  • DII
  • Others
  • 25.1%
  • 18.32%
  • 1.69%

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
  • 16.02
  • 21.32
  • 69.48

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 14.90
  • 12.82
  • 14.62

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 3.10
  • 2.97
  • 2.91

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 8.11
  • 5.33
  • 5.20

Earnings Forecasts:

(Updated: 30-04-2026)
Description
2024
2025
2026
2027
Adj EPS
37.31
27.04
28.84
31.56
P/E Ratio
10.99
15.16
14.21
12.99
Revenue
30122.8
32715.2
34628.3
36592.7
EBITDA
20844.7
17925.4
18731.8
19896.6
Net Income
9931.7
7181.21
7655.13
8384.09
ROA
16.69
11.22
10.9
11.02
P/B Ratio
3.33
2.93
2.72
2.53
ROE
33.36
20.55
20.14
20.7
FCFF
12868.9
5932.01
7289.02
7981.83
FCFF Yield
10.24
4.72
5.8
6.35
Net Debt
17813.6
17423.1
14779.2
12236.8
BVPS
123.19
139.78
150.87
161.93

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Net Sales
8,101.00
7,727.10
4.84%
8,146.30
7,547.40
7.94%
8,188.20
7,465.30
9.68%
8,057.60
7,383.00
9.14%
Expenses
3,677.30
3,403.10
8.06%
3,678.40
589.30
524.20%
3,616.10
2,601.50
39.00%
3,708.10
2,878.90
28.80%
EBITDA
4,423.70
4,324.00
2.31%
4,467.90
6,958.10
-35.79%
4,572.10
4,863.80
-6.00%
4,349.50
4,504.10
-3.43%
EBIDTM
54.61%
55.96%
54.85%
92.19%
55.84%
65.15%
53.98%
61.01%
Other Income
248.30
211.10
17.62%
237.30
290.80
-18.40%
169.50
157.80
7.41%
163.30
104.00
57.02%
Interest
468.90
479.10
-2.13%
487.00
461.60
5.50%
462.40
461.40
0.22%
474.70
455.80
4.15%
Depreciation
1,837.80
1,693.00
8.55%
1,797.90
1,568.50
14.63%
1,800.80
1,580.10
13.97%
1,704.30
1,560.50
9.21%
PBT
2,365.30
2,363.00
0.10%
2,420.30
5,218.80
-53.62%
2,478.40
2,980.10
-16.84%
2,333.80
2,591.80
-9.95%
Tax
572.40
583.90
-1.97%
644.40
1,215.60
-46.99%
639.10
756.60
-15.53%
597.00
665.90
-10.35%
PAT
1,792.90
1,779.10
0.78%
1,775.90
4,003.20
-55.64%
1,839.30
2,223.50
-17.28%
1,736.80
1,925.90
-9.82%
PATM
22.13%
23.02%
21.80%
53.04%
22.46%
29.78%
21.55%
26.09%
EPS
6.80
6.74
0.89%
6.73
15.17
-55.64%
6.97
8.43
-17.32%
6.58
7.15
-7.97%

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
32,493.10
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
7.87%
5.32%
0.77%
2.40%
98.63%
106.94%
-1.22%
3.10%
8.82%
9.47%
 
Cost Of Goods Sold
9.30
3.80
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
32,483.80
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
99.97%
99.99%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
14,679.90
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
17,813.20
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
54.82%
51.54%
50.61%
34.07%
53.34%
51.12%
52.76%
44.22%
45.29%
46.43%
43.53%
Other Income
818.40
5,887.90
1,570.40
577.80
575.50
442.20
465.70
635.50
480.60
764.70
640.80
Interest
1,893.00
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
7,140.80
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
9,597.80
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
2,452.90
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
25.56%
24.50%
25.68%
26.07%
24.41%
25.13%
20.31%
41.76%
46.50%
34.92%
39.08%
PAT
7,144.90
9,931.70
6,036.20
2,040.00
6,373.10
3,779.00
3,298.70
2,493.80
2,493.70
2,747.00
2,247.40
PAT before Minority Interest
7,144.90
9,931.70
6,036.20
2,040.00
6,373.10
3,779.00
3,298.70
2,493.80
2,493.70
2,747.00
2,247.40
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
21.99%
32.97%
21.11%
7.19%
22.99%
27.08%
48.92%
36.53%
37.66%
45.15%
40.43%
PAT Growth
-28.06%
64.54%
195.89%
-67.99%
68.65%
14.56%
32.28%
0.00%
-9.22%
22.23%
 
EPS
27.08
37.65
22.88
7.73
24.16
14.32
12.50
9.45
9.45
10.41
8.52

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
15,107.20
13,644.60
16,333.10
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
3,496.80
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
2,092.10
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
22,783.40
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
14,931.00
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
298.30
128.10
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
241.20
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
7,852.40
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
2,882.60
Short Term Loans & Adv.
4,497.30
3,784.20
3,409.00
2,494.60
3,189.40
617.90
668.70
680.60
619.90
2,686.10
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
4,355.60
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
22,783.40

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

News Update:


  • Indus Towers incorporates wholly owned subsidiary in GIFT City
    29th Apr 2026, 09:50 AM

    The WOS will, inter-alia, function as an investment holding company for the company’s overseas subsidiaries and will also undertake treasury functions

    Read More
  • Indus Towers - Quarterly Results
    3rd Feb 2026, 00:00 AM

    Read More
  • Indus Towers gets nod to incorporate wholly owned subsidiary in Gujarat
    22nd Jan 2026, 15:27 PM

    The Committee of Directors in its meeting held on January 22, 2026 has approved the same

    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.