Indus Towers Limited

Telecommunication · Telecom - Services

NSE: INDUSTOWER BSE: 534816
₹373.20
▲ 5.65 (1.54%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
82/100
Strong
Valuation
78/100
Undervalued
Momentum
16/100
Bearish

QVM read Quality at a discount Quality Strong, Valuation Undervalued, Momentum Bearish

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Indus Towers Limited is an Indian telecommunications infrastructure company offering passive infrastructure services to mobile network operators and other wireless services providers. Headquartered in Gurugram, Haryana, Indus Towers was incorporated in November 2007 by Bharti Infratel, Vodafone Essar, and Idea Cellular, to provide shared telecom infrastructure to telecom operators on a non-discriminatory basis.

Source: Wikipedia

Key Metrics

Market Capitalization
₹98,456 Cr
PE (TTM)
13.8
Industry median 23.3 (13 companies)
Price to Book
2.5
PEG (TTM)
-0.5
Institutions holding %
44.65%
FII + DII, latest filed period
Piotroski Score
6
Relative return vs Nifty50, qtr %
1.1
Relative return vs Sector, qtr %
12.3
Free Cash Flow
₹7,058 Cr
as of March 31, 2026
Industry median ₹84 Cr (21 companies)
EPS Growth (YoY)
0.76%
as of June 30, 2026
Industry median 23.24% (19 companies)
Net Profit Growth (TTM)
-26.56%
as of June 30, 2026
Industry median 14.02% (17 companies)
Operating Revenue Growth (TTM)
6.72%
as of June 30, 2026
Industry median 3.13% (17 companies)
Profit Growth (YoY)
0.63%
as of June 30, 2026
Industry median 0.63% (17 companies)
Revenue Growth (YoY)
4.64%
as of June 30, 2026
Industry median 5.81% (19 companies)
Current Ratio
1.72
as of March 31, 2026
Industry median 0.57 (21 companies)
Debt to Equity
0.02
as of March 31, 2026
Industry median 0.01 (20 companies)
Interest Coverage
6.04
as of June 30, 2026
Industry median 3.71 (19 companies)
Net Margin
20.70%
as of June 30, 2026
Industry median 8.16% (19 companies)
Operating Margin (EBIT)
33.59%
as of June 30, 2026
Industry median 15.53% (20 companies)
Operating Margin (TTM)
35.00%
as of June 30, 2026
Industry median 20.61% (19 companies)
Return on Assets
10.02%
as of March 31, 2026
Industry median 5.78% (19 companies)
Return on Capital Employed
18.31%
as of March 31, 2026
Industry median 12.16% (19 companies)
Return on Equity
18.02%
as of March 31, 2026
Industry median 10.37% (19 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

4 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 6)
  • Yes Debt to equity is below 0.5 (0.02)
  • Yes Return on equity is 15% or more (18.0%)
  • No Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

4 of 4 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)
  • Yes Insiders have not sold in the past 3 months (no open-market sale filed in the last 3 months)

Peer comparison

1 of 3 met
  • Yes 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

1 of 6 met
  • No Price sits in the Buy zone of its own historical PE range (Sell Zone)
  • Yes Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
1.5%
Low 368.6000 · High 376.0500
1W return
-3.0%
Low 355.5500 · High 384.8500
1M return
-4.0%
Low 355.5500 · High 390.8500
52W return
6.0%
Low 337.8000 · High 481.5000
Lifetime High ₹482.3000 (June 22, 2015)
Lifetime Low ₹124.0500 (March 19, 2020)

Full price history and technicals →

EMA & SMA

Bullish1
Bearish5
5D
371.6
10D
373.8
20D
376.0
50D
382.0
100D
393.0
200D
413.7

Delivery and volume

Day avg. delivery
55.3%
Week avg. delivery
55.6%
Month avg. delivery
53.9%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

372.62
Pivot
First resistance376.63
Second resistance380.07
Third resistance384.08
First support369.18
Second support365.17
Third support361.73
Day RSI47.3
Day MFI59.3
Day MACD-2.60
Day MACD signal-1.85

Beta

1M0.85
3M0.50
1Y0.87
3Y1.17

Price change analysis

↓ -4.0%
Over 1 Month
LowHigh
355.55390.85
↓ -4.0%
Over 3 Months
LowHigh
355.55414.90
↓ -11.8%
Over 6 Months
LowHigh
355.55449.40
↑ 6.0%
Over 1 Year
LowHigh
337.80481.50
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 13.8 (own history: 9.0–15.5)
Sell Zone
Revenue (June 30, 2026)
₹8,431 Cr
Net profit (June 30, 2026)
₹1,745 Cr
Basic EPS (June 30, 2026)
₹6.6200

Ranks #3 of 20 in Telecom - Services by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter51.26%
  • Mutual funds16.22%
  • FII/FPI23.20%
  • Other DII5.23%
  • Public4.06%

Largest holders

NameCategoryShares %Shares
BHARTI AIRTEL LIMITEDPromoter51.2600%1352208904
MAGNUM HYBRID LONG SHORT FUNDPublic4.2000%110743432
KOTAK INFRASTRUCTURE & ECONOMIC REFORM FUNDPublic3.1300%82443603
LIFE INSURANCE CORPORATION OF INDIAPublic1.6100%42519232
DSP REGULAR SAVINGS FUNDPublic1.2900%34030149

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 51.26% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 25.09% to 23.20% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings increased from 14.08% to 16.22% in Jun 2026 qtr

90 mutual fund schemes also hold this stock.

All shareholding details →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
12 Sep 2025 INDUS TOWERS EMPLOYEES WELFARE TRUST Other Buy 0 ₹0
10 Dec 2024 INDUS TOWERS EMPLOYEES WELFARE TRUST Other Buy 0 ₹0
22 Dec 2023 Indus Towers Employee Welfare Trust Other Buy 0 ₹0
8 Feb 2023 Indus Towers Employee Welfare Trust Other Buy 0 ₹0
28 Feb 2022 Euro Pacific Securities Ltd Promoter Pledge Revoke 0 ₹1,596.44 Cr
28 Feb 2022 Euro Pacific Securities Ltd Promoter Sell 0 ₹0
22 Dec 2021 Indus Towers Employee Welfare Trust Other Buy 0 ₹0
20 Nov 2021 Euro Pacific Securities Ltd Promoter Pledge 0 ₹392.20 Cr
20 Nov 2021 Omega Telecom Holdings Private Limited Promoter Pledge 0 ₹1,768.41 Cr
20 Nov 2021 Usha Martin Telematics Limited Promoter Pledge 0 ₹577.41 Cr

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
5 Dec 2024 VFTC - INSTITUTIONAL TOTAL INTERNATIONAL STOCK MARKET INDEX TRUST Block Buy 64,852 353.7000 NSE
5 Dec 2024 VANGUARD TOTAL WORLD STOCK INDEXFUND Block Buy 37,303 353.7000 NSE
5 Dec 2024 VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND Block Buy 862,780 353.7000 NSE
5 Dec 2024 VANGUARD INVESTMENTS FUNDS ICVC - VANGUARD FTSE GLOBAL ALL CAP INDEX FUND Block Buy 4,603 353.7000 NSE
5 Dec 2024 VANGUARD INVESTMENT SERIES PLC - VANGUARD ESG EMERGING MARKETS ALL CAP EQUITY INDEX FUND Block Buy 7,378 353.7000 NSE
5 Dec 2024 VANGUARD FUNDS PUBLIC LTD COMPANY VANGUARD FTSE EMERGING MKTS UCITS ETF Block Buy 24,403 353.7000 NSE
5 Dec 2024 VANGUARD FUNDS PUBLIC LIMITED COMPANY VANGUARD FTSE ALL WORLD ETF Block Buy 23,582 353.7000 NSE
5 Dec 2024 VANGUARD FUNDS PLC VANGUARD ESG EMERGING MARKETS ALL CAP UCITS ETF Block Buy 368 353.7000 NSE
5 Dec 2024 VANGUARD FUNDS PLC / VANGUARD ESG GLOBAL ALL CAP UCITS ETF Block Buy 1,080 353.7000 NSE
5 Dec 2024 VANGUARD FTSE ALL-WORLD EX-US INDEX FUND A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS Block Buy 126,599 353.7000 NSE

All bulk and block deals →

Last 12 months ₹14.00 per share
Dividend yield 3.75%
Ex-dateSubjectPer share (₹)Record date
10 Aug 2026 Dividend - Rs 14 Per Share 14.0000 10 Aug 2026
13 May 2022 Interim Dividend - Rs 11 Per Share 11.0000 17 May 2022
8 Feb 2021 Interim Dividend - Rs 17.82 Per Share 17.8200 9 Feb 2021
5 Aug 2020 Interim Dividend - Rs 2.30 Per Share 2.3000 6 Aug 2020
5 May 2020 Interim Dividend - Rs 4.10 Per Share 4.1000 6 May 2020
19 Dec 2019 Interim Dividend - Rs 2.75 Per Share 2.7500 20 Dec 2019
22 Aug 2019 Interim Dividend - Rs 3.65 Per Share 3.6500 23 Aug 2019
7 May 2019 Interim Dividend - Rs 7.50 Per Share 7.5000 8 May 2019
1 Nov 2018 Interim Dividend - Rs 7.50 Per Sh 7.5000 3 Nov 2018
19 Jul 2018 Dividend- Rs 14 Per Share 14.0000 20 Jul 2018

Corporate Actions

Full history (19 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
—NAME_CHANGEName changed from Bharti Infratel Limited to INDUS TOWERS LIMITED
9 Aug 2024BUYBACKBuy Back
15 Jun 2016OTHER Buy-Back Of Shares

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
27 Jul 2026 Financial Results Yes
30 Apr 2026 Dividend —
30 Apr 2026 Financial Results Yes
2 Feb 2026 Financial Results Yes
27 Oct 2025 Financial Results Yes

Corporate Announcements

All 903 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
23 Sep 2026 Trading Window Indus Towers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
18 Sep 2026 Company Update Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Credit Rating
18 Sep 2026 Credit Rating Indus Towers Limited has informed the Exchange about Credit Rating
10 Sep 2026 Company Update Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates Indus Towers Limited has informed the Exchange regarding Schedule of Analyst/ Institutional Investors Meeting
3 Sep 2026 Analysts/Institutional Investor Meet/Con. Call Updates Indus Towers Limited has informed the Exchange regarding schedule of Analyst/ Institutional Investors Meeting
1 Sep 2026 General Updates Indus Towers Limited has informed the Exchange regarding ESG Ratings
21 Aug 2026 Shareholders meeting Indus Towers Limited has informed the Exchange regarding Voting Results and Scrutinizer Report pertaining to 20th Annual General Meeting
19 Aug 2026 Shareholders meeting Indus Towers Limited has informed the Exchange regarding proceedings of 20th Annual General Meeting
10 Aug 2026 Analysts/Institutional Investor Meet/Con. Call Updates Indus Towers Limited has informed the Exchange regarding schedule of Analyst/ Institutional Investors' Meeting

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Strong net profit margin (20.7%)
  • Low financial leverage (Debt/Equity 0.02)
  • Healthy liquidity (Current Ratio 1.72)

Weaknesses

Data unavailable.

Opportunities

  • PE below 15 (13.8) relative to a typical growth business

Threats

Data unavailable.

Single-stock futures and a real listed options chain available for this stock -- OI buildup, PCR, Max Pain and Greeks are all on the full F&O page.

Part of: NIFTY 200, NIFTY 200, NIFTY 500, NIFTY 500, NIFTY MIDCAP 100, NIFTY MIDCAP 100, NIFTY MIDCAP 150, NIFTY MIDCAP 150, NIFTY MIDCAP 50, NIFTY MIDCAP 50

Frequently asked questions about Indus Towers Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.