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Indus Towers Ltd

INDUSTOWER

Indus Towers Ltd

INDUSTOWER
Communication ServicesTelecom Infrastructure
LargecapWith a market cap of ₹97,037 cr, stock is ranked 89
Moderate RiskStock is 2.91x as volatile as Nifty
367.950.37% (+1.35)
367.950.37% (+1.35)

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Communication ServicesTelecom Infrastructure
LargecapWith a market cap of ₹97,037 cr, stock is ranked 89
Moderate RiskStock is 2.91x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Avg

Can be considered moderately valued vs the market

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Communication ServicesTelecom Infrastructure
LargecapWith a market cap of ₹97,037 cr, stock is ranked 89
Moderate RiskStock is 2.91x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
9.703.59—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
-127.6211.590.34%

Forecast & Ratings

Detailed Forecast 
52%
Analysts have suggested that investors can buy this stock

from 21 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Bharti Infratel Limited is engaged in providing Telecom Tower Infrastructure sharing for telecommunication services. The Company deploys, owns and manages telecom tower communication structures, for various mobile operators.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 29.12%, vs industry avg of 25.71%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 81.8% to 65.9%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 19.34%, vs industry avg of 50.29%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue7,237.108,044.408,245.908,385.508,589.2015,216.7028,175.7028,959.6030,090.1029,951.50
Raw Materialssubtract0.000.000.000.000.000.000.000.000.009,191.30
Power & Fuel Costsubtract1,990.102,114.302,281.702,560.702,367.205,153.6010,265.8010,590.8011,149.90
Employee Costsubtract257.80274.60291.60291.50293.50512.60772.20774.10782.30
Selling & Administrative Expensessubtract373.30412.00449.60462.40127.86304.51437.43514.51543.40
Operating & Other expensessubtract448.80458.70467.20399.50396.64804.291,341.077,326.591,568.40
Depreciation/Amortizationsubtract1,155.001,165.701,180.101,065.801,281.502,848.405,325.205,323.906,059.906,273.60
Interest & Other Itemssubtract33.0039.4046.5052.90335.00836.401,603.301,670.401,863.801,207.00
Taxes & Other Itemssubtract731.70832.701,035.501,058.90488.80977.902,057.60719.302,086.203,273.90
EPS11.8614.6713.4813.4817.8316.6323.657.5722.4037.13
DPS3.0016.0014.0015.0010.5020.1211.000.000.000.00
Payout ratio0.251.091.041.110.591.210.470.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2018

Annual report

PDF

Investor Presentation

Jun 7PDF
May 16PDF
Feb 23PDF
FY 2019

Annual report

PDF

Investor Presentation

Feb 21PDF
Feb 15PDF
Jan 8PDF
+4 more
 

Peers & Comparison

Comparing 3 stocks from 
Communication ServicesTelecom Infrastructure

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Indus Towers Ltd16.083.59—
GTL Infrastructure Ltd-3.52-0.47—
Suyog Telematics Ltd26.705.660.08%
SAR Televenture Ltd54.2111.82—

Price Comparison

Compare INDUSTOWER with any stock or ETF
Compare INDUSTOWER with any stock or ETF
INDUSTOWER
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 2.01%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Increased Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has increased by 1.96%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding50.00%13.32%4.48%26.15%6.04%

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Shareholding History

SepDec '23MarJunSepDec '2421.41%20.71%16.40%23.15%24.19%26.15%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Indus Towers Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI CONTRA FUND DIRECT PL GROWTH

Growth
0.7005%1.61%-0.28%16/108 (-4)
Nippon India Growth Fund - Growth Option - Direct Plan

Growth
0.6340%1.74%-0.14%55/102 (-1)
SBI Equity Hybrid Fund - Growth - Direct Plan

Growth
0.5988%0.81%-0.08%60/103 (-4)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateMay 13, 2022

Interim
Interim | Div/Share: ₹11.00

Dividend/Share

₹11.00

Ex DateEx Date

May 13, 2022

Cash Dividend

Ex DateEx DateFeb 8, 2021

Interim 2
Interim 2 | Div/Share: ₹17.82

Dividend/Share

₹17.82

Ex DateEx Date

Feb 8, 2021

Cash Dividend

Ex DateEx DateAug 5, 2020

Interim
Interim | Div/Share: ₹2.30

Dividend/Share

₹2.30

Ex DateEx Date

Aug 5, 2020

Cash Dividend

Ex DateEx DateMay 5, 2020

Interim 3
Interim 3 | Div/Share: ₹4.10

Dividend/Share

₹4.10

Ex DateEx Date

May 5, 2020

Cash Dividend

Ex DateEx DateDec 19, 2019

Interim 2
Interim 2 | Div/Share: ₹2.75

Dividend/Share

₹2.75

Ex DateEx Date

Dec 19, 2019

News & Opinions
Spotlight
Indus Towers gains on reporting strong Q3 numbers

Revenue from operations grew 4.8% YoY to Rs 7,547.40 crore recorded in the quarter ended 31 December 2024. The profit before tax for Q3 FY25 stood at Rs 5,218.80 crore, registering a 151.3% increase compared to Rs 2,076.50 crore reported in Q3 FY24. The company's EBITDA surged by 93.2% to Rs 6,997.1 crore in Q3 FY25, compared to Rs 3,621.6 crore recorded in the same quarter last year. The EBITDA margin also improved to 92.7% in Q3 FY25, up from 50.3% in Q3 FY24. The total tower base grew by 10.79% to 2,34,643 units as on 31 December 2024 as compared to 2,11,775 units as on 31 December 2023. The closing sharing factor was at 1.65 times during the quarter. The operating free cash flow was at Rs 4,870 crore in Q3 FY25, steeply higher than Rs 163 crore posted in Q3 FY24. The return on equity (pre-tax) improved to 46.1% as against 33.5% on a YoY basis [return on equity (post-tax) increased to 34.8% as against 24.8% YoY basis]. The return on capital employed improved to 29.3% as against 19.2% on a YoY basis. The company said that Q3 FY25 had a write back of Rs 3,024 crore in provision for doubtful receivables, aided by collections against past overdue. Prachur Sah, MD and CEO, Indus Towers, said, We are pleased to see our ability to maintain a dominant share of our major customers' rollouts reap dividends in the form of robust tower and colocation additions, reiterating our superior execution capabilities and customer centric approach. The strong additions along with significant collections of overdue from a major customer helped us record an excellent financial performance. We expect the resumption of network expansion by a major customer coupled with the rollouts by other customers to act as strong levers of growth. We remain cognizant of the sustainability aspect in our growth plans, and our focus on securing strategic partnerships under Green Energy Open Access is a step in that direction.' Meanwhile, the company is set to enter the electric vehicle (EV) charging infrastructure sector. It has received approval from its board of directors to explore suitable business opportunities in this space, subject to a prudential framework. As part of this initiative, the company has already launched pilot EV charging stations in Gurugram and Bengaluru. The company is well positioned to contribute to the EV charging infrastructure sector by leveraging its expertise in managing and providing space, power, and operations and maintenance (O&M) for seamless operation and efficiency. This is in line with the company's plan to supplement its long-term growth through relevant adjacent business opportunities. Indus Towers is India's leading provider of passive telecom infrastructure and it deploys, owns and manages telecom towers and communication structures for various mobile operators. The company's portfolio of 234,643 telecom towers makes it one of the largest tower infrastructure providers in the country, with a presence in all 22 telecom circles. Indus Towers caters to all wireless telecommunication service providers in India. The company has been the industry pioneer in adopting green energy initiatives for its operations. Powered by Capital Market - Live

1 day agoCapital Market - Live
Earnings
Indus Towers consolidated net profit rises 159.86% in the December 2024 quarter

Net profit of Indus Towers rose 159.86% to Rs 4003.20 crore in the quarter ended December 2024 as against Rs 1540.50 crore during the previous quarter ended December 2023. Sales rose 4.84% to Rs 7547.40 crore in the quarter ended December 2024 as against Rs 7199.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales7547.407199.00 5 OPM %92.1949.78 - PBDT6787.303672.20 85 PBT5218.802076.50 151 NP4003.201540.50 160 Powered by Capital Market - Live

2 days agoCapital Market - Live
Corporate
Indus Towers announces board meeting date

Indus Towers will hold a meeting of the Board of Directors of the Company on 23 January 2025.Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
Indus Towers announces resignation of director

Indus Towers has noted the resignation of Randeep Sekhon (DIN: 08306391) as a Non-Executive Director w.e.f. 20 January 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Indus Towers appoints director

Indus Towers has appointed Rakesh Bharti Mittal (DIN: 00042494) and Soumen Ray (DIN: 09484511) as a Non-Executive Non- Independent Directors w.e.f. 20 January 2025. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Indus Towers Ltd Spurts 1.66%

Indus Towers Ltd gained 1.66% today to trade at Rs 358.7. The BSE Telecommunication index is up 0.43% to quote at 3019.43. The index is up 8.18 % over last one month. Among the other constituents of the index, Railtel Corporation of India Ltd increased 1.39% and Route Mobile Ltd added 1.2% on the day. The BSE Telecommunication index went up 36.5 % over last one year compared to the 14.3% surge in benchmark SENSEX. Indus Towers Ltd has added 13.07% over last one month compared to 8.18% gain in BSE Telecommunication index and 5.07% rise in the SENSEX. On the BSE, 22047 shares were traded in the counter so far compared with average daily volumes of 3.83 lakh shares in the past one month. The stock hit a record high of Rs 460.7 on 02 Sep 2024. The stock hit a 52-week low of Rs 176.45 on 21 Dec 2023.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Indus Towers consolidated net profit rises 71.74% in the September 2024 quarter

Net profit of Indus Towers rose 71.74% to Rs 2223.50 crore in the quarter ended September 2024 as against Rs 1294.70 crore during the previous quarter ended September 2023. Sales rose 4.67% to Rs 7465.30 crore in the quarter ended September 2024 as against Rs 7132.50 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales7465.307132.50 5 OPM %65.1547.97 - PBDT4560.203272.30 39 PBT2980.101746.70 71 NP2223.501294.70 72 Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Indus Towers standalone net profit rises 71.57% in the September 2024 quarter

Net profit of Indus Towers rose 71.57% to Rs 2222.40 crore in the quarter ended September 2024 as against Rs 1295.30 crore during the previous quarter ended September 2023. Sales rose 4.67% to Rs 7465.30 crore in the quarter ended September 2024 as against Rs 7132.50 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales7465.307132.50 5 OPM %65.1347.97 - PBDT4558.603272.30 39 PBT2979.001747.30 70 NP2222.401295.30 72 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Indus Towers to announce Quarterly Result

Indus Towers will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Indus Towers to conduct AGM

Indus Towers announced that the 18th Annual General Meeting (AGM) of the company will be held on 29 August 2024.Powered by Capital Market - Live

5 months agoCapital Market - Live