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Indus Towers Ltd share Price Today

Company details

343.15
356.45
142.15
366.55
6M Return 89.35%
1Y Return 142.27%
Mkt Cap.(Cr) 94,834.83
Volume 12,693,381
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 12,693,381

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Telecom services company Indus Towers announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Total Tower base of 2,19,736 with closing sharing factor of 1.68
  • Consolidated Revenues at Rs 7,193 crore, up 6.5% YoY
  • Consolidated EBITDA at Rs 4,103 crore, up 19.0% YoY
  • Consolidated Profit after Tax at Rs 1,853 crore, up 32.4% YoY

FY24 Financial Highlights:

  • Total Tower base of 2,19,736 with closing sharing factor of 1.68
  • Consolidated Revenues at Rs 28,601 crore, up 0.8% YoY
  • Consolidated EBITDA at Rs 14,694 crore, up 50.4% YoY
  • Consolidated Profit after Tax at Rs 6,036 crore, up 195.9% YoY

Prachur Sah, Managing Director and CEO, Indus Towers, said, “We had a remarkable year, evidenced by our strong operational and financial performance. The network expansion by a major customer and increase in our market share helped us deliver record tower additions, surpassing the milestone of 200,000 towers On the financial front, we were pleased to see steady collections and part clearance of the over dues.

We expect the ongoing network expansion and 5G rollouts, supplemented by the encouraging developments around a major customer’s fund raise to provide a fillip to our growth. While we continue with our growth journey, we remain steadfast in our commitment to sustainability.”

Result PDF

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Indus Towers Ltd shares SWOT Analysis

Strengths (10)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth

Weakness (0)

Data not found

Opportunity (5)

  • Positive Breakout Second Resistance ( LTP > R2)
  • Companies with current TTM PE Ratio less than 3 Year, 5 Year and 10 Year PE
  • Highest Recovery from 52 Week Low

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 347.6
R2 351.4
R3 355.1
Pivot

343.87

S1 340.1
S2 336.4
S3 332.6
EMA SMA
338.7
316.1
282.2
245.5
343.2
314.7
269.5
225.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ARTISAN INTERNATIONAL VALUE FUND Bulk Sell 2024-02-07 215.1 33346663 BSE
PATRONUS TRADETECH LLP Bulk Purchase 2024-02-01 212.24 14989924 BSE
PATRONUS TRADETECH LLP Bulk Purchase 2024-02-01 215.21 212021 NSE
Name Category Shares
BHARTI AIRTEL LIMITED PROMOTER 47.95%
PRIME METALS LTD PROMOTER 4.16%
MOBILVEST PROMOTER 3.19%
VODAFONE TELECOMMUNICATIONS (INDIA) LTD PROMOTER 3.09%
TRANS CRYSTAL LTD PROMOTER 2.78%
OMEGA TELECOM HOLDINGS PVT LTD PROMOTER 2.31%
ASIAN TELECOMMUNICATION INVESTMENTS (MAURITIUS) LT PROMOTER 1.86%
AL-AMIN INVESTMENTS LTD PROMOTER 1.55%
CCII (MAURITIUS) INC PROMOTER 0.85%
USHA MARTIN TELEMATICS LIMITED PROMOTER 0.75%
EURO PACIFIC SECURITIES LTD PROMOTER 0.51%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Indus Towers Ltd Stocks COMPARISON

Financials( in Cr) Indus Towers Ltd ITI Ltd Tejas Networks Ltd Avantel Ltd GTL Infrastructure Ltd
Price 351.90 313.70 1,180.35 115.15 1.55
% Change 2.36 -1.66 0.93 1.45 0
Mcap Cr 94,834.83 30,143.03 20,149.52 2,801.25 1,985.09
Revenue TTM Cr 28,381.80 1,395.45 919.57 224.37 1,457.86
Net Profit TTM Cr 2,040.00 -359.85 -36.41 52.55 -1,816.91
PE TTM 15.34 0.00 316.86 52.55 0.00
1 Year Return 142.27 186.61 81.13 241.59 106.67
ROCE 10.18 0.00 0.00 47.23 0.00
ROE 9.43 0.00 0.00 38.70 0.00
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 21,109.50 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,612.39 -26,051.38
LAST 3M 102,786.44 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,183.06 125,165.94

Indus Towers Ltd Information

Stock PE (TTM)
15.34
Promoter Holding
69%
Book Value
100.332
ROCE
10.18%
ROE
9.43%
Description
  • Indus Towers Ltd. was formed by the merger of Indus Towers and Bharti Infratel Ltd. It is one of the world’s largest telecom tower companies. The company was incorporated in 2006, and its headquarters are in Gurgaon. For the quarter ended June 2022, Indus Towers Ltd.’s total income was Rs 6,989.80 crore, down 3.26% from its total income of Rs 7,225.30 crore in the quarter ended March 2022. On 19 August 2022, the company’s market capitalisation stood at Rs 53,009 crore.  

    The company’s Bombay Stock Exchange listing code is 534816, and the National Stock Exchange listing code is INDUSTOWER. It is also listed on the MCX Stock Exchange.  

    Indus Towers Ltd. provides towers and related infrastructure. It installs, owns, and controls telecom towers and communication structures for many mobile operators. It had more than 186,474 towers, 336,382 co-locations, and a nationwide presence covering 22 telecom services (as on 30 June 2022). The company’s leading customers are Bharti Airtel Ltd., Reliance Jio Infocomm Ltd., and Vodafone Idea Ltd.  

    The company’s shareholding pattern on 30 June 2022 indicated a 68.81% promoter stake, 26.62% foreign institutional investor stake, 2.96% domestic institutional investor stake, and 1.58% public stake. The promoter’s pledge was 30.58%. Bharti Airtel Ltd. is the leading promoter with a 24.94% share, followed by Nettle Infrastructure Investment Ltd. with a 22.83% share.  

    Indus Towers Ltd.’s managing director and CEO is Mr Bimal Dayal. Mr N Kumar is the chairman of the company. The other board members include Mr Thomas Reisten, Mr Randeep Singh Sekhon, Mr Harjeet Singh Kohli, Mr Sharad Bhansali, Mr Sonu Bhasin, Mr Gopal Vittal, and Ms Anita Kapur. The company’s auditors are Deloitte Haskins & Sells LLP. As on 30 June 2022, the company had a total of 269.49 crore shares outstanding.  

    On 19 August 2022, Indus Towers Ltd.’s share price closed at Rs 196.75 on BSE and at Rs 196.70 on NSE. The 52-week high for Indus Towers Ltd.’s share price was Rs 332.80, and the 52-week low was Rs 181.20.  

    As of July 2022, the company’s mutual fund holdings included Nippon India ETF Nifty Next 50 Junior BeES, ICICI Prudential Nifty Next 50 Index Fund, UTI-Nifty Next 50 Index Fund, and HDFC Nifty Next 50 Index Fund with 1.68% stake, 1.68% stake, 1.67% stake, and 1.67% stake, respectively. 

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest.  I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose

Registered Address

901 Park Centra, Sector-30 NH-8, Gurugram, Haryana, 120001

Tel : 91-124-4132600
Email : compliance.officer:industowers.com
Website : http://www.industowers.com
Registrar

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 534816
NSE Code : INDUSTOWER
Book Closure Date (Month) :
BSE Group : A
ISIN : INE121J01017

FAQ’s on Indus Towers Ltd Shares

You can buy Indus Towers Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Indus Towers Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 24, 2024 11:39 AM the closing price of Indus Towers Ltd was Rs.351.90.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 24, 2024 11:39 AM, the market cap of Indus Towers Ltd stood at Rs. 94,834.83.

The latest PE ratio of Indus Towers Ltd as of May 24, 2024 11:39 AM is 15.34

The latest PB ratio of Indus Towers Ltd as of May 24, 2024 11:39 AM is 0.29

The 52-week high of Indus Towers Ltd share price is Rs. 366.55 while the 52-week low is Rs. 142.15

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