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Indus Towers Ltd share Price

Company details

6M Return 33.17%
1Y Return 4.61%
Mkt Cap.(Cr) 51,661.94
Volume 11,088,675
Div Yield 0.00%
OI Chg %
Volume 11,088,675

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Other Telecom Services company Indus Towers announced Q1FY24 results:

  • Total Tower base of 198,284 with closing sharing factor of 1.75
  • Consolidated Revenues at Rs 7,076 crore, up 3% YoY
  • Consolidated EBITDA at Rs 3,514 crore, up 51% YoY
  • Consolidated Profit after Tax at Rs 1,348 crore, up 182% YoY
  • Operating Free Cash Flows at Rs 535 crore, down 34% YoY
  • Strong tower additions and steady collections drive performance

Prachur Sah, Managing Director and CEO, Indus Towers, said: “We are pleased to have delivered a solid operational performance in Q1FY24, with the highest quarterly tower additions in our history. The steady collections have aided our financial performance. We have made progress on key strategic priorities which are critical to our growth, competitiveness, and customer satisfaction. With the 5G rollouts by operators and network expansion of a major customer progressing at speed, Indus Towers is also keeping pace to capture the growth opportunity and create long-term value.”


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Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Indus Towers Ltd Stocks COMPARISION


Equity Capital: 21,109.50 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 15,495.09 -14,767.50
LAST 3M 47,438.29 -1,731.04
LAST 6M 51,016.24 144,363.57
LAST 12M 130,972.27 167,868.47
Indus Towers to deploy Zero-emission energy systems at its tower sites

Sep 29, 2023 l BSE Announcement

Indus Towers Limited - Updates

Sep 28, 2023 l NSE Announcement

Date Action Type Ratio
May 13, 2022 Dividend 110
Feb 08, 2021 Dividend 178.2

Indus Towers Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • 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:bharti-infratel.in
Website : http://www.industowers.com

KFin Techologies Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 534816
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 Sep 29, 2023 03:58 PM the closing price of Indus Towers Ltd was ₹ 191.70.

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 Sep 29, 2023 03:58 PM, the market cap of Indus Towers Ltd stood at ₹ 51,661.94.

The latest PE ratio of Indus Towers Ltd as of Sep 29, 2023 03:58 PM is 16.25

The latest PB ratio of Indus Towers Ltd as of Sep 29, 2023 03:58 PM is 0.41

The 52-week high of Indus Towers Ltd is ₹ 205.70 while the 52-week low is ₹ 135.15

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