Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Indus Towers Limited

Indus Towers Limited

NSE: INDUSTOWER
Telecom ServicesCommunication ServicesMEGA CAPMCap ₹101.08k Cr
₹383.30₹1.70 (+0.45%)

Live • NSE

Market cap₹101.08k Cr
Enterprise value₹114.71k Cr
P/E TTM14.13
Forward P/E12.54
P/B2.44
EPS TTM₹27.12
Forward EPS₹30.56
ROE0.19%
ROA0.10%
D/E0.52
Dividend yield0.04%
52W high₹481.50
52W low₹341.20
Price chart(1Y)
1Y Return:-9.00% (₹37.90)
H: ₹426.5L: ₹355.55
1W+2.04%
1M+0.51%
3M-5.23%
6M-5.29%
1Y+11.75%
Today at a glance

Day range

₹379.95₹385.25

52 week range

₹341.20₹481.50
Volume1.78M0.41x 20D avg
Free float50.00%-58.90% volume

Indus Towers Limited closed at INR383.30 (+0.45%) on volume 0.41x its 20-day average, trading 20.39% below its 52-week high.

Technical analysis
RSI (14)53.3Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹9.42Moderate
SMA 20₹377.81BULLISH
SMA 50₹378.01BULLISH
SMA 100₹390.64BEARISH
SMA 200₹411.76BEARISH
CPR bottom₹379.60
Pivot₹380.27
CPR top₹380.93
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -2.6% QoQ

2026-08-10

DIVIDEND Announced

Dividend - Rs 14 Per Share

2024-08-09

BUYBACK Announced

Buy Back

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹21.13k Cr₹101.08k Cr20.90%≤ 33%PASS
Non-halal income ratio₹341.4 Cr₹32.49k Cr1.05%≤ 5%PASS
Illiquid assets ratio₹71.27k Cr₹71.32k Cr99.93%≥ 20%PASS
Receivables ratio–₹71.32k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E14.1318.30
Forward P/E12.54—
P/B2.441.50
EV/EBITDA—18.00
PEG—1.40
Earnings yield7.105.50
Growth & profitability
RevenuePAT
FY24PAT margin 21.10%
FY25PAT margin 33.00%
FY26PAT margin 22.00%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+2.60%
Revenue CAGR 5Y+2.60%
PAT CAGR 3Y-10.40%
PAT CAGR 5Y+3.40%
Operating margin31.21%
Net margin21.78%
Financial health & cash flow
Net debt₹21.08k CrModerate
Interest coverage5.70xEBIT / interest
CFO / PAT2.07x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹15.68k Cr
Capital expenditure–
Free cash flow₹7.06k Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation75/100
Profitability50/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 2.07x over last 3 years

Attractive Valuation: P/E of 14.1x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Telecom Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
10 Aug 2026Dividend₹14.00 / share—10 Aug 2026
09 Aug 2024Buy BackBuy Back—09 Aug 2024
17 May 2022Dividend₹11.00 / share—13 May 2022
09 Feb 2021Dividend₹17.82 / share—08 Feb 2021
06 Aug 2020Dividend₹2.30 / share—05 Aug 2020
06 May 2020Dividend₹4.10 / share—05 May 2020
20 Dec 2019Dividend₹2.75 / share—19 Dec 2019
23 Aug 2019Dividend₹3.65 / share—22 Aug 2019
08 May 2019Dividend₹7.50 / share—07 May 2019
03 Nov 2018Dividend₹7.50 / share—01 Nov 2018
20 Jul 2018Dividend₹14.00 / share—19 Jul 2018
21 Jul 2017Dividend₹4.00 / share—20 Jul 2017
03 Apr 2017Dividend₹12.00 / share—31 Mar 2017
10 Aug 2016Dividend₹3.00 / share—09 Aug 2016
16 Jun 2016Buy-Back Of SharesBuy-Back Of Shares—15 Jun 2016
—Dividend₹6.50 / share—03 Aug 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)57.09%-1.74% latest vs average
Highest delivery71.19%on 12 Oct
Average volume (20D)4.34MTrading-session average
Conviction trendWeakening-1.74% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Bharti Airtel Limited
Bharti Airtel LimitedBHARTIARTL
Open analysis
₹11.88L39.821.29%₹58,539.00₹10,012.00+18.35%+34.90%
Vodafone Idea Limited
Vodafone Idea LimitedIDEA
Open analysis
₹1.36L3.650.00%₹11,539.00-₹3,712.00+5.80%+44.04%
Indus Towers Limited
Indus Towers LimitedINDUSTOWER
Current stock
₹1.01L14.133.67%₹8,431.10₹1,745.80+4.64%+0.52%
Info Edge (India) Limited
Info Edge (India) LimitedNAUKRI
Open analysis
₹81,945.2851.301.17%₹881.00₹490.00+11.38%+42.86%
BHARTI HEXACOM LIMITED
BHARTI HEXACOM LIMITEDBHARTIHEXA
Open analysis
₹81,095.0044.471.09%₹2,510.00₹482.00+10.91%+22.96%
Tata Communications Limited
Tata Communications LimitedTATACOMM
Open analysis
₹49,684.7345.080.99%₹6,583.00₹130.00+10.45%-31.58%
Sun TV Network Limited
Sun TV Network LimitedSUNTV
Open analysis
₹25,142.6016.433.18%₹882.51₹232.02-6.30%-37.43%
Affle 3i Limited
Affle 3i LimitedAFFLE
Open analysis
₹20,220.5842.460.00%₹747.00₹128.00+20.29%+20.75%
About Indus Towers Limited
Indus Towers Limited

Indus Towers Limited, a telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia. It offers ground base towers, smart poles, rooftop tower, ground-based mast, microsites, fiberized connectivity solutions, feather sites, small cells, etc.; and energy supply to telecom equipment, as well as acquires the requisite space from residential and commercial property owners and landlords for placing passive infrastructure at strategic locations. The company also provides smart digital infrastructure, which includes smart poles LED lights, CCTV cameras, variable digital messaging board, environment sensors, and city public Wi-Fi services, including fiber backbone. In addition, it offers telecom infra and related services, and business support services and scrap handling for telecom. The company was formerly known as Bharti Infratel Limited and changed its name to Indus Towers Limited in December 2020. Indus Towers Limited was incorporated in 2006 and is based in Gurugram, India. Indus Towers Limited operates as a subsidiary of Bharti Airtel Limited.

IndiaCommunication Services

Questions investors ask
Is Indus Towers Limited Shariah compliant?

Indus Towers Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (20.9%) complies with AAOIFI threshold (≤ 33%).

What is Indus Towers Limited's current valuation relative to peers?

Indus Towers Limited trades at a P/E of 14.1x compared to the sector median of 18.3x, and a Price-to-Book of 2.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.52x. Interest coverage is 5.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 2.6% while net profit growth averaged 3.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.