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Indus Towers Ltd share price logo

Indus Towers Share Price

(INDUSTOWER)

₹352.52.53%

as on 09:37AM, 22 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals
F&O

Indus Towers Analyst Rating

based on 22 analysts

HOLD

50.00%

Buy

27.27%

Hold

22.73%

Sell

Based on 22 analysts offering long term price targets for Indus Towers. An average target of ₹401.91

Source: S&P Global Market Intelligence

Indus Towers Share analysis

Indus Towers price forecast by 22 analysts

Upside of11.13%

High

₹575

Target

₹401.91

Low

₹280

Indus Towers target price ₹401.91, a slight upside of 11.13% compared to current price of ₹352.5. According to 22 analysts rating.

Source: S&P Global Market Intelligence

Indus Towers Performance

  • Day's Low

    Day's High

    ₹352.2
    Day's Price Range
    ₹361.9
  • 52 Week's Low

    52 Week's High

    ₹206.35
    52-Week Price Range
    ₹460.35
1 Month Return+ 7.96 %
3 Month Return-1.39 %
1 Year Return+ 66.58 %
Previous Close₹361.65
Open₹352.55
Volume51.68L
Upper Circuit-
Lower Circuit-
Market Cap₹97,462.39Cr

Indus Towers Key Statistics

P/E Ratio12.89
PEG Ratio0.82
Market Cap₹97,462.39 Cr
P/B Ratio2.9
EPS22.4
Dividend Yield0
SectorTelecomm Equipment & Infra Services
ROE25.06

Indus Towers Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹97,462.39 Cr10.01%0.73₹6,036 Cr₹28,600 Cr
HOLD₹48,365.93 Cr55.7%0.65₹949 Cr₹20,968 Cr
NA₹18,794.01 Cr237.94%0.69₹62 Cr₹2,470 Cr
NA₹35,211.70 Cr53.47%0.77-₹569 Cr₹1,263 Cr
BUY₹5,306.44 Cr-3.2%0.79-₹57 Cr₹5,478 Cr

About Indus Towers

Indus Towers Ltd is a leading telecom infrastructure provider in India, incorporated in 2007. It operates in the telecom tower industry, providing telecom infrastructure services to telecom operators. Its core services include tower and related infrastructure services, in-building solutions, and transmission services.

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: ₹352.50 per share as on 22 Jan, 2025 09:37 AM
Market Capitalisation: ₹97,462.39Cr 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
OrganisationIndus Towers
Headquarters
IndustryTelecomm Equipment & Infra Services
E-voting on sharesClick here to vote

Key events for Indus Towers Ltd

  • Indus Towers Receives Buy Call from CLSA - 19 Jan, 2025

    Indus Towers shares rose by 2.19% to Rs 362. CLSA has issued a Buy recommendation with a target price of Rs 575, indicating a potential upside of 59%.
  • CLSA Upgrades Indus Towers with Strong Target Price - 17 Jan, 2025

    CLSA has upgraded Indus Towers to a 'High Conviction Outperform' rating, setting a target price of ₹575, reflecting a 62% upside potential. The upgrade follows a significant ₹1,900 crore payment from Vodafone Idea, reducing overdue payments by over 70%. Indus Towers is expected to achieve a 10% EBITDA CAGR and strong cash flows, enhancing its growth outlook.
  • UBS Upgrades Indus Towers with Positive Outlook - 16 Jan, 2025

    UBS has upgraded Indus Towers to a Buy rating with a target price of ₹425, highlighting strong dividend potential and improved financials. SBI Securities also noted significant dues collection, enhancing the company's balance sheet.
  • Indus Towers Receives Positive Court Ruling and Buy Recommendation - 15 Jan, 2025

    Indus Towers received a favorable ruling from the Delhi High Court, classifying telecom towers as movable property eligible for input tax credit. Additionally, analyst Nooresh Merani recommended buying shares with a target price of Rs 370.
  • Vodafone Completes Sale and Repayment to Indus Towers - 10 Jan, 2025

    Vodafone Group Plc successfully sold its remaining 3% stake in Indus Towers for Rs 2,800 crore. Vodafone Idea used funds from Vodafone Plc to repay outstanding dues to Indus Towers, satisfying all obligations.
  • Indus Towers Expected to See Robust Growth - 07 Jan, 2025

    JM Financials anticipates Indus Towers will add 7,000 net tenancies in Q3FY25, driven by Bharti's rural expansion and VIL network rollouts. Revenue is projected to grow 1.5% QoQ to Rs 7,580 crore, while EBITDA may decline 7.2% QoQ to Rs 4,550 crore.
  • Citi Reiterates Buy Rating for Indus Towers - 31 Dec, 2024

    Citi Research has reiterated its 'buy' rating on Indus Towers, setting a target price of ₹485. The brokerage highlights potential dividend reinstatement and improved cash flow visibility, alongside expected increases in tenancies from Vodafone Idea, making the stock attractive with a 6%-8% dividend yield.
  • Indus Towers Gains Amid Vodafone Stake Sale - 30 Dec, 2024

    On December 30, 2024, Indus Towers saw a 3.25% gain after five days of decline. Vodafone sold its entire stake for Rs 8,450 crores to repay debt, strengthening its financial position.
  • Vodafone Completes Exit from Indus Towers - 28 Dec, 2024

    Vodafone has fully exited Indus Towers by selling its remaining 3% stake after initially selling 18% for Rs 15,300 crore. Indus is now a Bharti Airtel subsidiary.

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.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, INDUSTOWER has outperformed top 5 stocks with highest market-cap in Integrated Telecommunications Services

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 8 quarters, 6.85K Cr → 7.57K Cr (in ₹), with an average increase of 1.4% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.70% to 12.96% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 52.01% to 53.01% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 23.15% to 24.19% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 5 quarters, 1.29K Cr → 2.22K Cr (in ₹), with an average increase of 12.5% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Railtel Corporation of India Ltd has given 200.2% return, outperforming this stock by 182.4%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, INDUSTOWER stock has moved down by -2.3%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 7.82% to 5.81% in Sep 2024 quarter

Indus Towers Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹7,132.50Cr (-)₹7,199.00Cr (↑0.93%)₹7,193.20Cr (↓0.08%)₹7,383.00Cr (↑2.64%)₹7,465.30Cr (↑1.11%)
Net Income₹1,294.70Cr (-)₹1,540.50Cr (↑18.99%)₹1,853.10Cr (↑20.29%)₹1,925.90Cr (↑3.93%)₹2,223.50Cr (↑15.45%)
Net Profit Margin18.15% (-)21.40% (↑17.91%)25.76% (↑20.37%)26.09% (↑1.28%)29.78% (↑14.14%)
Value in ₹ crore
Details2021202220232024
Total Assets₹48,474.80Cr (-)₹51,688.50Cr (↑6.63%)₹50,519.50Cr (↓2.26%)₹60,419.80Cr (↑19.60%)
Total Liabilities₹32,577.50Cr (-)₹29,513.00Cr (↓9.41%)₹29,384.80Cr (↓0.43%)₹33,345.80Cr (↑13.48%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹2,305.20Cr (-)₹7,477.30Cr (↑224.37%)₹9,112.40Cr (↑21.87%)₹7,906.70Cr (↓13.23%)₹11,583.30Cr (↑46.50%)

Index Inclusions

S&P BSE Momentum

₹2,016.87

-1.82 (-37.47%)

Nifty Midcap Sel

₹11,865.95

-1.23 (-147.4%)

S&P BSE 150 MidCap

₹14,724.26

-1.48 (-220.98%)

S&P BSE Largecap

₹8,889.54

-0.05 (-4.75%)

BSE Tech

₹18,956.83

0.43 (81.89%)

Nifty MidSmallcap 400

₹18,489.95

-1.34 (-250.25%)

BSE 200

₹10,489.56

-0.27 (-28.75%)

Nifty Midcap 100

₹53,013.60

-1.53 (-821.35%)

BSE 500

₹33,614.29

-0.24 (-79.18%)

S&P BSE 400 MidSmallCap

₹11,219.48

-1.33 (-151.48%)

Nifty Midcap 150

₹19,642.75

-1.52 (-303.55%)

Nifty 200

₹12,851.55

-0.33 (-42.35%)

S&P BSE 250 LargeMidCap

₹9,941.08

-0.33 (-32.43%)

Nifty 500

₹21,377.50

-0.26 (-55.7%)

Nifty Midcap 50

₹14,730.00

-1.56 (-233%)

Nifty Midcap Liquid 15

₹13,150.80

-1.61 (-215.25%)

Nifty Alpha 50

₹49,826.30

-2.04 (-1036.65%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty Infra

₹8,282.85

-0.32 (-26.65%)

Nifty LargeMidcap 250

₹14,885.35

-0.79 (-118.25%)

Indus Towers Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.01%
1.91
Foreign Institutions
24.19%
4.49
Mutual Funds
12.96%
2.03
Retail Investors
5.81%
-25.70
Others
4.03%
-6.57

Indus Towers Key Indicators

Details20202021202220232024
Return On Equity %10.2422.4233.459.4425.06
Details20202021202220232024
Return On Assets %15.997.812.334.049.99
Details20202021202220232024
Book Value Per Share (₹)73.2258.9182.1978.33100.33
Details20202021202220232024
Earning Per Share (₹)17.8314.0223.657.5722.4

Indus Towers Valuation

Indus Towers in the last 5 years

  • Overview

  • Trends

Lowest (7.04x)

March 19, 2020

Today (12.89x)

January 21, 2025

Industry (25.85x)

January 21, 2025

Highest (26.33x)

January 29, 2018

LowHigh

Indus Towers 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 Results
  • Indus Towers Ltd Dividends May,2022

    In the quarter ending March 2022, Indus Towers Ltd has declared dividend of ₹11 - translating a dividend yield of 3.04%.

    Read More about Dividends

Indus Towers Technicals Summary

Bearish

Neutral

Bullish

Bullish

Indus Towers Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Indus Towers Ltd

Indus Towers Ltd share price today stands at ₹352.5, Open. ₹352.55 ; Previous Close. ₹361.65 ; High. ₹361.9 ; Low. ₹352.2 ; 52 Week High. ₹460.35 ; 52 Week Low: ₹206.35.

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Indus Towers Ltd is listed on NSE

Indus Towers Ltd is listed on BSE

  • Today’s highest price of Indus Towers Ltd is ₹361.9.
  • Today’s lowest price of Indus Towers Ltd is ₹352.2.

PE Ratio of Indus Towers Ltd is 12.89

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 51.68L.

Today’s market capitalisation of Indus Towers Ltd(INDUSTOWER) is ₹97462.39Cr.

Indus Towers Ltd(INDUSTOWERPrice
52 Week High
₹460.35
52 Week Low
₹206.35

Indus Towers Ltd(INDUSTOWER) share price is ₹352.5. It is down -23.43% from its 52 Week High price of ₹460.35

Indus Towers Ltd(INDUSTOWER) share price is ₹352.5. It is up 70.83% from its 52 Week Low price of ₹206.35

Indus Towers Ltd(INDUSTOWERReturns
1 Day Returns
-9.15%
1 Month Returns
7.96%
3 Month Returns
-1.39%
1 Year Returns
66.58%