Company research / Focus view

Indus Towers

INDUSTOWER · Telecom · mid cap · Midcap 50

Revenue · FY26

₹32,493 cr

+7.9% YoY

What the business sold

Net profit · FY26

₹7,145 cr

-28.1% YoY

What it kept after tax

Operating profit · FY26

₹10,835 cr

-25.0% YoY

Profit from operations

Operating cash flow · FY26

₹15,684 cr

-20.2% YoY

Cash the operations produced

Total debt · FY26

₹21,127 cr

-0.1% YoY

Borrowings against the business

Dividend per share · FY26

—

Paid out per share · not collected yet

Five years in perspective

Price index · Start = 100 · Dividends excluded · ₹388 today (+4.30%)

+60.1% · 5Y

2021 · 10020222023202420252026 · 142.9

1M +5.0%6M -11.6%1Y +9.8%3Y +101.6%5Y +60.1%

Market cap

₹1.02 L Cr

As of 13 Sept 2026

Price to earnings

14.3

Price to book 2.5

Dividend yield

3.61%

Trailing twelve months

52-week range

₹338 – ₹482

Closing prices

The financial record

₹ crore · Consolidated where reported · Indian fiscal years (April–March)

Reported metric	FY23	FY24	FY25	FY26
Revenue	28,382	28,601	30,123	32,493
Operating profit	4,443	8,634	14,443	10,835
Net profit	2,040	6,036	9,932	7,145
Operating cash flow	7,905	11,582	19,645	15,684
Free cash flow	4,282	2,629	12,861	7,058
Capital expenditure	-3,623	-8,953	-6,784	-8,626
Tax expense	719	2,086	3,222	2,453
Total debt	19,185	20,531	21,156	21,127
Cash and equivalents	22	63	150	47
Shareholders equity	21,110	27,039	32,498	39,646
Earnings per share (₹)	7.57	22.40	37.31	27.09

Not collected yet for this company: Dividend per share. These come from the filings, not the daily price feed.

Recent quarters

₹ crore · Most recent first

Quarter ended	Revenue	Operating profit	Net profit	EPS (₹)
30 Jun 2026	8,431	2,627	1,746	6.62
31 Mar 2026	8,101	2,627	1,793	6.80
31 Dec 2025	8,146	2,711	1,776	6.73
30 Jun 2025	8,058	2,686	1,737	6.59
31 Mar 2025	7,727	2,702	1,779	6.75

Developments

0 positive · 0 negative

NeutralEarnings2 days ago

Best stocks to Buy: Axis Bank, Dr Reddy’s Labs, Indus Towers - Sumeet Bagadia recommends for Tuesday | Target, stop-loss

Axis Banklarge cap Dr. Reddy's LaboratoriesMentioned Indus TowersMentioned

Livemint12 Sept 2026, 3:36 pm IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral2 days ago

Telecom Tower Stock Up 92% in 3 Years: Rally Drivers and Risks

Indus Towersmid cap

Univest12 Sept 2026, 1:39 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral3 days ago

Volumes spurt at Larsen & Toubro Ltd counter

Indus Towersmid cap Larsen & ToubroMentioned

Business Standard11 Sept 2026, 11:16 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral3 days ago

Indus Towers Share Price update after 2.5% intraday rise

Indus Towersmid cap

univest.in11 Sept 2026, 9:40 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralDividend3 days ago

Indus Towers AGM approves FY26 financials, dividend and director reappointments

Indus Towersmid cap

scanx.trade11 Sept 2026, 4:27 am IST

Classification & context · Moves the numbers

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

Names an event that should show up in revenue, profit, debt, capacity or approvals.

Classifier confidence: 0.35. This is not the probability that the report is true.

NeutralCash flow3 days ago

MV Electrosystems Cash Flow, Financial Statements

Indus Towersmid cap

The Economic Times11 Sept 2026, 3:10 am IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

Indus Towers hosts analyst meet with Eastspring, T. Rowe Price on Sep 18

Indus Towersmid cap

scanx.trade10 Sept 2026, 1:02 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

Indus Towers INDUSTOWER Analyst Meet September 2026

Indus Towersmid cap

Kalkine India10 Sept 2026, 12:44 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

Vodafone Idea Share Price Today: Price Fall and Valuation

Indus Towersmid cap Vodafone IdeaMentioned

Univest10 Sept 2026, 12:30 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral4 days ago

Market News: Share Market Today, NIFTY, BSE/NSE LIVE, Sensex Today, Latest Share Market News Live Updates

Indus Towersmid cap BSE LtdMentioned

Livemint10 Sept 2026, 12:30 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

Neutral7 days ago

Bharti Hexacom Share Price rises on stock market update

Indus Towersmid cap

Univest7 Sept 2026, 2:25 pm IST

Classification & context · Routine

No supported direction in the headline — that is not the same as unimportant. This classifies the headline only, not the full article. It is not a recommendation.

A real announcement — a product, a partnership, an appearance — that is unlikely to change the financials.

Classifier confidence: 0.35. This is not the probability that the report is true.

About the business

Indus Towers Limited, a telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for telecommunication service providers in India, Nigeria, Uganda, and Zambia. It offers ground base towers, smart poles, and rooftop towers; and energy supply to telecom equipment, as well as engages in site acquisition from state governments, military, establishments, educational institutions, municipalities, households, transportation authorities, and private enterprises. The company also provides smart digital infrastructure, which includes smart poles LED lights, CCTV cameras, variable digital messaging board, environment sensors, and city public Wi-Fi services, including fiber backbone. In addition, it offers grid energy, diesel, and renewable energy and energy storage; small cells, fibre to the home, and one web; in-building solutions; and other projects. The company was formerly known as Bharti Infratel Limited and changed its name to Indus Towers Limited in December 2020. Indus Towers Limited was incorporated in 2006 and is based in Gurugram, India. Indus Towers Limited operates as a subsidiary of Bharti Airtel Limited.

Industry: Telecom Services

www.industowers.com

Data confidence

Prices, fundamentals and developments last verified 13 Sept 2026. Fundamentals are sourced from public filings feeds; interpretation is shown separately from figures.

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