🔔 Regulatory News Alert
Supreme Court ruling allows Indus Towers to claim Cenvat credits, reducing contingent liability by Rs 3,704 crore.
Indus Towers Ltd Analyst Rating
based on 22 analysts
40.91%
Buy
27.27%
Hold
31.82%
Sell
Based on 22 analysts offering long term price targets for Indus Towers Ltd. An average target of ₹403.14
Source: S&P Global Market Intelligence
Indus Towers Ltd Share analysis
Indus Towers Ltd price forecast by 22 analysts
Upside of22.85%
High
₹575
Target
₹403.14
Low
₹280
Indus Towers Ltd target price ₹403.14, a slight upside of 22.85% compared to current price of ₹329.1. According to 22 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Indus Towers Ltd revenue growth forecast
Expected growth rate Q1, FY2026:15.90%
Forecast
Actual
Including amortisation and stock based compensations
Indus Towers Ltd EPS growth forecast
EPS estimate Q1, FY2026:22.86%
Forecast
Actual
Source: S&P Global Market Intelligence
Indus Towers Ltd Performance
Day's Low
Day's High
₹326.15₹34052 Week's Low
52 Week's High
₹176.55₹460.35
| Returns % | |
| 1 Month Return | -12.57 % |
| 3 Month Return | -22.77 % |
| 1 Year Return | + 75.15 % |
| Market Stats | |
| Previous Close | ₹328.15 |
| Open | ₹340.00 |
| Volume | 1.79Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹88,434.36Cr |
Indus Towers Ltd Key Statistics
| P/E Ratio | 11.7 |
| PEG Ratio | 0.75 |
| Market Cap | ₹88,434.36 Cr |
| P/B Ratio | 2.9 |
| EPS | 22.4 |
| Dividend Yield | 0 |
| Sector | Telecomm Equipment & Infra Services |
| ROE | 25.06 |
Indus Towers Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹88,434.36 Cr | 7.13% | 0.73 | ₹6,036 Cr | ₹28,600 Cr | |
| HOLD | ₹49,495.95 Cr | 78.45% | 0.65 | ₹949 Cr | ₹20,968 Cr | |
| BUY | ₹22,011.27 Cr | 234% | 0.69 | ₹62 Cr | ₹2,470 Cr | |
| NA | ₹28,075.19 Cr | 47.28% | 0.77 | -₹569 Cr | ₹1,263 Cr | |
| BUY | ₹5,634.48 Cr | -0.79% | 0.79 | -₹57 Cr | ₹5,478 Cr |
About Indus Towers Ltd
Indus Towers Ltd is the largest telecom tower company in India, with over 1.26 lakh towers across the country. Its top products include telecom towers, in-building solutions, and transmission services. It also provides a range of services such as site acquisition, installation, maintenance, and energy management. The company also has a range of popular brands, including Indus Towers, Indus Towers Connect, and Indus Towers Energy. The company has also been recognised for its commitment to sustainability and has been awarded the GreenCo Silver rating for its efforts in energy efficiency.
Share Price: ₹329.10 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹88,434.36Cr as of today
Revenue: ₹7,465.30Cr as on September 2024 (Q3 24)
Net Profit: ₹2,223.50Cr as on September 2024 (Q3 24)
Listing date: 28 Dec, 2012
Chairperson Name: Narayanan Kumar
| Organisation | Indus Towers Ltd |
| Headquarters | |
| Industry | Telecomm Equipment & Infra Services |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - 21 Nov
07:35 AM
-Supreme Court grants telecom companies, including Indus Towers, right to claim Cenvat credits on duties for infrastructure components.
08:48 AM
-Telecom stocks, including Indus Towers, gain attention after Supreme Court ruling on Input Tax Credit for infrastructure components.
08:51 AM
-Axis Capital initiates 'Add' rating on Indus Towers, setting target price at ₹356, citing improved financial outlook.
Today's Timeline - 21 Nov
09:37 AM
-Indus Towers shares rise 1.61% after Supreme Court ruling allowing tax credits for infrastructure duties.
09:59 AM
-Indus Towers shares increase over 3% following Supreme Court ruling, reducing contingent liability by ₹3,704 crore.
02:33 PM
-Axis Capital expects Indus Towers to achieve healthy EBITDA growth and potentially resume dividends after two years.
Key events for Indus Towers Ltd
Indus Towers Gains from Supreme Court Ruling and Analyst Upgrades - 21 Nov, 2024
Indus Towers benefits from a Supreme Court ruling allowing tax credits, reducing contingent liabilities by ₹3,704 crore. Axis Capital initiates coverage with an 'Add' rating and a target price of ₹356, anticipating improved financial performance and potential dividend resumption.
Supreme Court Ruling Benefits Indus Towers Financially - 20 Nov, 2024
The Supreme Court's ruling allows telecom companies, including Indus Towers, to claim CENVAT credits on infrastructure duties, positively impacting financial exposure. Additionally, Vodafone's directors resigned after a significant stake sale in Indus Towers.
Indus Towers Sees Positive Developments and Share Gains - 19 Nov, 2024
Indus Towers experiences positive momentum with share price gains following Citi's 'Buy' rating and anticipated resolution of receivables issues with Vodafone Idea. Vodafone Group executives resign from the board after Bharti Airtel increases its stake.
Indus Towers Reports Strong Q2FY25 Performance - 13 Nov, 2024
In Q2FY25, Indus Towers reported a 1% increase in promoter stake to 53.01%. Revenue grew 4.67% YoY to ₹7,465.30 crore, while net profit surged 71.74% YoY to ₹2,223.50 crore, with an improved net profit margin of 29.78%.
Vodafone Group Adjusts Stake in Indus Towers - 12 Nov, 2024
Vodafone Group has classified its remaining 3% stake in Indus Towers as an Other Investment. Previously, it sold 18% of its holding for Rs 15,300 crore.
Indus Towers Reports Strong Q2 Earnings Growth - 24 Oct, 2024
Indus Towers posted a 71.7% YoY increase in net profit for Q2FY25, reaching Rs 2,224 crore, with revenue growing 4.7% YoY to Rs 7,465 crore. Analysts expect profit margins to improve with upcoming site rollouts, despite some challenges in tower additions due to adverse weather.
Indus Towers Reports Strong Q2 Growth Amid Stake Changes - 23 Oct, 2024
Indus Towers achieved a 71.7% YoY net profit increase in Q2FY25, prompting ICICI Securities to raise its target price. Bharti Airtel's stake increased to over 50% following a share buyback. Despite strong results, the stock closed down 2.52%.
Insights on Indus Towers Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, INDUSTOWER has outperformed top 5 stocks with highest market-cap in Integrated Telecommunications Services
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 5 quarters, 1.29K Cr → 2.22K Cr (in ₹), with an average increase of 12.5% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 23.15% to 24.19% in Sep 2024 quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 52.01% to 53.01% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 8 quarters, 6.85K Cr → 7.57K Cr (in ₹), with an average increase of 1.4% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 12.70% to 12.96% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, INDUSTOWER stock has moved up by 3.3%
NO EFFECTAgainst Peers
In the last 3 years, Railtel Corporation of India Ltd has given 214.8% return, outperforming this stock by 202.4%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 7.82% to 5.81% in Sep 2024 quarter
Indus Towers Ltd Financials
Index Inclusions
Indus Towers Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 53.01% | 1.91 | |
| Foreign Institutions | 24.19% | 4.49 | |
| Mutual Funds | 12.96% | 2.03 | |
| Retail Investors | 5.81% | ||
| Others | 4.03% |
Indus Towers Ltd Key Indicators
Indus Towers Ltd Valuation
Indus Towers Ltd in the last 5 years
Lowest (7.04x)
March 19, 2020
Today (11.70x)
November 19, 2024
Industry (32.37x)
November 19, 2024
Highest (26.33x)
January 29, 2018
Indus Towers Ltd Earnings and Dividends
Indus Towers Ltd Earnings Results
Indus Towers Ltd’s net profit jumped 71.74% since last year same period to ₹2,223.50Cr in the Q2 2024-2025. On a quarterly growth basis, Indus Towers Ltd has generated 15.45% jump in its net profits since last 3-months.
Read More about Earnings ResultsIndus Towers Ltd Dividends May,2022
In the quarter ending March 2022, Indus Towers Ltd has declared dividend of ₹11 - translating a dividend yield of 3.35%.
Read More about Dividends
Indus Towers Ltd Technicals Summary
Bearish
Neutral
Bullish
Indus Towers Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Indus Towers Ltd
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Indus Towers Ltd (INDUSTOWER) share price today is ₹329.1
Indus Towers Ltd is listed on NSE
Indus Towers Ltd is listed on BSE
- Today’s highest price of Indus Towers Ltd is ₹340.
- Today’s lowest price of Indus Towers Ltd is ₹326.15.
PE Ratio of Indus Towers Ltd is 11.7
PE ratio = Indus Towers Ltd Market price per share / Indus Towers Ltd Earnings per share
Today’s traded volume of Indus Towers Ltd(INDUSTOWER) is 1.79Cr.
Today’s market capitalisation of Indus Towers Ltd(INDUSTOWER) is ₹88434.36Cr.
| Indus Towers Ltd(INDUSTOWER | Price |
|---|---|
52 Week High | ₹460.35 |
52 Week Low | ₹176.55 |
Indus Towers Ltd(INDUSTOWER) share price is ₹329.1. It is down -28.51% from its 52 Week High price of ₹460.35
Indus Towers Ltd(INDUSTOWER) share price is ₹329.1. It is up 86.41% from its 52 Week Low price of ₹176.55
| Indus Towers Ltd(INDUSTOWER | Returns |
|---|---|
1 Day Returns | 0.95% |
1 Month Returns | -12.57% |
3 Month Returns | -22.77% |
1 Year Returns | 75.15% |