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Indus Towers Ltd

INDUSTOWER

Indus Towers Ltd

INDUSTOWER
Communication ServicesTelecom Infrastructure
MidcapWith a market cap of ₹86,047 cr, stock is ranked 115
High RiskStock is 3.11x as volatile as Nifty
326.203.92% (-13.30)
326.203.92% (-13.30)

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Communication ServicesTelecom Infrastructure
MidcapWith a market cap of ₹86,047 cr, stock is ranked 115
High RiskStock is 3.11x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

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
MidcapWith a market cap of ₹86,047 cr, stock is ranked 115
High RiskStock is 3.11x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
11.413.18—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
-154.7714.550.37%

Forecast & Ratings

Detailed Forecast 
45%
Analysts have suggested that investors can buy this stock

from 20 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 25.84%

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 82.67% to 66.15%

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 51.15%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue7,237.108,044.408,245.908,385.508,589.2015,216.7028,175.7028,959.6030,090.1029,618.20
Raw Materialssubtract0.000.000.000.000.000.000.000.000.0012,217.00
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/Amortizationsubtract1,155.001,165.701,180.101,065.801,281.502,848.405,325.205,323.906,059.906,300.80
Interest & Other Itemssubtract33.0039.4046.5052.90335.00836.401,603.301,670.401,863.80963.10
Taxes & Other Itemssubtract731.70832.701,035.501,058.90488.80977.902,057.60719.302,086.202,594.30
EPS11.8614.6713.4813.4817.8316.6323.657.5722.4027.99
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 Unavailable

Investor Presentation

Jun 7PDF
May 16PDF
Feb 23PDF
FY 2019

Annual Report Unavailable

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 Ltd14.263.18—
GTL Infrastructure Ltd-4.10-0.55—
SAR Televenture Ltd84.7718.49—
Kore Digital Ltd78.3912.05—

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 15.99%

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 1.04%

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding53.01%12.96%4.02%24.19%5.82%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep23.93%21.41%20.71%16.40%23.15%24.19%

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
0.7871%1.67%-0.72%61/112 (-4)
Nippon India Growth Fund - Growth Option - Direct Plan

Growth
0.6886%1.75%-0.08%4/102 (-1)
SBI Equity Hybrid Fund - Growth - Direct Plan

Growth
0.6728%0.81%-0.08%54/96 (-1)

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
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

2 weeks 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

2 weeks 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

1 month 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

3 months agoCapital Market - Live
Live Market Update
Nifty trades near 24,950 mark; European mkt opens higher

The key equity benchmarks traded with minor gains in afternoon trade. The Nifty traded near the 24,950 mark. Barring the PSU Bank shares, all the sectoral indices on the NSE were in green. At 13:30 IST, the barometer index, the S&P BSE Sensex, was up 240.24 points or 0.29% to 81,692.24. The Nifty 50 index added 87.25 points or 0.35% to 24,944.55. In the broader market, the S&P BSE Mid-Cap index gained 0.82% and the S&P BSE Small-Cap index rose 0.19%. The S&P BSE Mid-Cap and S&P BSE Small-Cap index hit an all-time high at 48,680.74 and 55,685.07, respectively. The market breadth was strong. On the BSE, 2,175 shares rose and 1,680 shares fell. A total of 117 shares were unchanged. Sebi proposes stricter rules for index derivatives: The market regulator is looking to curb speculation, protect investors, and stabilize the market by introducing measures like upfront option premiums, increased contract sizes, and restrictions on weekly index products. Gainers & Losers: HDFC Life Insurance Company (up 2.47%), Asian Paints (up 2.38%), JSW Steel (up 2.32%), NTPC (up 2.08%) and Sbi Life Insurance Company (up 2.05%) were major Nifty gainers. Tata Consumer Products (down 1.54%), Divi's Laboratories (down 0.66%), Grasim Industries (down 0.58%), Reliance Industries (down 0.55%) and Tata Motors (down 0.55%) were major Nifty losers. Stocks in Spotlight: GAIL (India) added 2.50% after the company's consolidated net profit jumped 77.54% to Rs 3183.35 crore in Q1 FY25 as comapred with Rs 1792.99 crore in Q1 FY24. Revenue from operations (excluding excise duty) increased 5.94% YoY to Rs 34,737.77 crore during the quarter. Indus Towers fell 3.15%. The telecom infrastructure provider's consolidated net profit climbed 42.88% to Rs 1925.9 crore in Q1 FY25 as against Rs 1,347.9 crore reported in Q1 FY24. Revenue from operations stood at Rs 7383 crore, up 4.34% from Rs 7075.9 crore recorded in the corresponding quarter previous year. Meanwhile, the company said that its board has approved a share buyback of upto Rs 2,640 crore at a price of Rs 465 per equity share through tender offer route. The company plans to buyback up to 5.67 crore equity shares, representing approximately 2.107% of the total number of equity shares in the paid-up share capital of the company. Godrej Properties added 1.74% after the company reported its highest ever consolidated net profit of Rs 520.05 crore in Q1 FY25, steeply higher than Rs 124.94 crore posted in Q1 FY24.Revenue from operations declined 21.05% year on year to Rs 739 crore in Q1 FY25 from Rs 936.09 crore recorded in the same period a year ago. Torrent Power zoomed 17.47% after the company's consolidated net profit jumped 87.96% to Rs 972.24 crore in Q1 FY25 as against with Rs 517.27 crore posted in Q1 FY24. Revenue from operations grew by 23.28% year on year to Rs 9,033.73 crore in the quarter ended 30 June 2024. Zaggle Prepaid Ocean Services gained 2.33% after the company's consolidated net profit surged to Rs 167.34 crore in Q1 FY25 as comapred with Rs 20.55 crore in corresponding quarter last year. Revenue from operations stood at Rs 252.20 crore, steeply higher than Rs 118.47 crore in same quarter last year. Global Markets: European and Asian stocks advanced on Wednesday ahead of key interest rate decisions. Investor focus remained on central bank, with the US Fed's decision due later in the day. While a rate hike is unlikely, markets anticipate signals of potential future cuts. The Bank of Japan has raised its policy rate to 0.25% from it previous range of 0% to 0.1% and plans to cut its bond-buying program by 400 billion yen per quarter. From January to March 2026, the monthly purchases of Japanese Government Bonds (JGBs) will be reduced to 3 trillion yen, with a goal of decreasing the amount of JGBs bought in a predictable manner. China's manufacturing sector contracted for a third straight month in July, as indicated by the Purchasing Managers' Index (PMI) data. Manufacturing PMI fell to 49.4 in July, data from the National Bureau of Statistics showed. This reflects persistent weakness in domestic demand despite government support measures. Australia's inflation rate rose as expected in the second quarter, but a softer-than-anticipated core inflation figure increased bets on a pause in interest rate hikes by the Reserve Bank of Australia. CPI inflation grew 3.8% year-on-year in the three months to June 30, up from the 3.6% seen in the prior quarter. US stocks declined on Tuesday, primarily due to a drop in Nvidia, ahead of the Fed meeting. The S&P 500 fell by 0.5% while the tech-heavy Nasdaq Composite dropped roughly 1.3%. The Dow Jones Industrial Average rose 0.5%. Market expectations are for the Fed to maintain interest rates on Wednesday but to signal a potential rate cut in September. This outlook is driven by encouraging inflation data.Powered by Capital Market - Live

3 months agoCapital Market - Live
Earnings
Indus Towers consolidated net profit rises 42.88% in the June 2024 quarter

Net profit of Indus Towers rose 42.88% to Rs 1925.90 crore in the quarter ended June 2024 as against Rs 1347.90 crore during the previous quarter ended June 2023. Sales rose 4.34% to Rs 7383.00 crore in the quarter ended June 2024 as against Rs 7075.90 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales7383.007075.90 4 OPM %61.0149.17 - PBDT4152.303184.40 30 PBT2591.801810.30 43 NP1925.901347.90 43 Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
Indus Towers spurts on buyback plan

In its regulatory filing, the company added, To consider and approve the proposal for buyback of fully paid-up equity shares of Rs. 10/- each of the Company, including matters related/ incidental thereto, ('Buyback'). in accordance with the applicable provisions under the Companies Act, 2013, the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, as amended, and other applicable laws (if any). Promoters currently hold a 52.01% stake in the company. In June 2024, Bharti Airtel increased its stake in Indus Towers from 48% to 49%, while Vodafone Plc sold its 18% stake in Indus Towers through a sale worth approximately Rs 15,300 crore. 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 consolidated net profit had risen 32.45% to Rs 1,853.10 crore on a 6.52% increase in revenue to Rs 7,193.20 crore in Q4 FY24 as compared to Q4 FY23. Powered by Capital Market - Live

3 months agoCapital Market - Live
Cues To Watch Out For Today | Latest News | ET Now
2 years agoET NOW

Ex-Indus Towers MD Bimal Dayal to take over as Adani Transmission CEO from October 1

2 years agoEconomic Times

SEBI imposes fine on Bharti Infratel for defying regulatory norms

2 years agoBusiness Today