- POSITIVE
Quarterly Revenue Indus Towers Sep-2026 Quarterly Revenue is Rs 8,621 Cr which is growth of 3.2% YoY.
- NEGATIVE
Quarterly Net Profit Indus Towers Sep-2026 Quarterly Net Profit is Rs 1,799 Cr which is growth of -2.1% YoY.
NSE: INDUSTOWER | BSE: 534816
Indus Towers Live Share Price Today, Share Analysis and Chart
aboutIndus Towers Limited is a major provider of passive telecom infrastructure in India. The company operates as a key intermediary in the telecommunications sector, acquiring, building, owning, and maintaining tower sites. It provides shared access to t... Read More
383.004.70(1.24%)
3.2M
NSE+BSE Volume
NSE 02 Nov, 2026 3:31 PM (IST)
Mid-range PerformerThese stocks have strong quality. Their reasonable financials and technicals make them potentially attractive to investorsView SimilarEmbed DVM
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Indus Towers Stock Price Analysis
Day Price Range1.2% 1 Day return | 383 (LTP) 379.2383.4 LowHigh |
|---|---|
Week Price Range-1.5% 1 Week return | 383 (LTP) 370389.8 LowHigh |
Month Price Range1.8% 1 Month return | 383 (LTP) 370392.3 LowHigh |
52 Week Price Range5.3% 1 Year return | 383 (LTP) 355.6481.5 LowHigh |
Indus Towers Forecaster - Analyst Share Price Target and Estimates
Revenue forecast
EPS forecast
CURRENT EPS
AVG. ESTIMATE
Consensus Recommendation
24 ANALYST Recommendations
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Annual
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Documents
Indus Towers quarterly results: revenue, profit, and P&L – 13 quarter history
Nested row level
Base Level
Reporting Type
Standalone
Cell Data
Actual
Table Settings
YoY & New to Old
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| Indicator | Graph | Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8,621.2 | 8,679.9 | 8,349.7 | 8,300 | 8,357.7 | 8,220.9 | 7,818.8 | 7,631.3 | 7,579.1 | 7,439.4 | 7,638.6 | 7,297.9 | 7,229.7 | ||
Operating Exp. | 3,806.1 | 3,954.8 | 3,683.4 | 3,597.3 | 3,620.3 | 3,711.8 | 3,335.9 | 592.9 | 2,603 | 2,879 | 3,121.8 | 3,111.9 | 3,498.8 | |
Operating Profit | 4,708.9 | 4,476.3 | 4,417.6 | 4,549 | 4,567.9 | 4,345.8 | 4,391.2 | 6,954.5 | 4,862.3 | 4,504 | 4,071.4 | 4,087.1 | 3,633.7 | |
Operating Profit Margin % | 55.30% | 53.09% | 54.53% | 55.84% | 55.79% | 53.93% | 56.83% | 92.14% | 65.13% | 61.01% | 56.60% | 56.77% | 50.95% | |
Depr. | 1,942.9 | 1,892.7 | 1,837.3 | 1,797.5 | 1,800.2 | 1,703.8 | 1,692.5 | 1,568 | 1,579.6 | 1,559.9 | 1,564 | 1,595.1 | 1,525 | |
Interest | 453.7 | 485.4 | 468.9 | 487 | 462.4 | 474.7 | 430.9 | 254.6 | 417.5 | 408.2 | 463.6 | 513.5 | 458.6 | |
Profit Before Tax | 2,418.5 | 2,347 | 2,360.1 | 2,418.2 | 2,474.8 | 2,330.6 | 2,359.5 | 5,215.8 | 2,979 | 2,592.3 | 2,489.2 | 2,077.4 | 1,747.3 | |
Tax | 619.9 | 601.6 | 570.7 | 643.8 | 638.2 | 596.2 | 583 | 1,218.8 | 756.6 | 665.9 | 635.8 | 536 | 452 | |
Net Profit | 1,798.6 | 1,745.4 | 1,789.4 | 1,774.4 | 1,836.6 | 1,734.4 | 1,776.5 | 3,997 | 2,222.4 | 1,926.4 | 1,853.4 | 1,541.4 | 1,295.3 | |
EPS Adj. latest | 6.8 | 6.6 | 6.8 | 6.7 | 7 | 6.6 | 6.7 | 15.2 | 8.4 | 7.3 | 7 | 5.8 | 4.9 | |
Net profit TTM | 7,107.8 | 7,145.8 | 7,134.8 | 7,121.9 | 9,344.5 | 9,730.3 | 9,922.3 | 9,999.2 | 7,543.6 | 6,616.5 | 6,041 | 5,586.6 | 3,337.6 | |
Basic EPS TTM | 26.9 | 27.1 | 27.1 | 27 | 35.4 | 36.9 | 37.6 | 37.9 | 28.6 | 24.6 | 22.4 | 20.7 | 12.4 | |
Earnings Transcripts | ||||||||||||||
Results PDF | ||||||||||||||
Result Notes |
*All financials are in INR Cr and price data in INR
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Indus Towers Technical Analysis
Indus Towers EMA & SMA
Bullish+4
6 bullish, 2 bearish
Bullish6
Bearish2
| 5 Day | 381.3 |
|---|---|
| 10 Day | 381.2 |
| 12 Day | 381.0 |
| 20 Day | 380.5 |
| 26 Day | 380.2 |
|---|---|
| 50 Day | 381.4 |
| 100 Day | 388.0 |
| 200 Day | 394.5 |
Indus Towers Delivery And Volume
Daily Avg. Delivery Volume %
02 Nov, 202659.2%
Week56.2%
Month61.1%
Indus Towers Active Candlesticks
Inside Uptrend Short Line Uptrend
Legend
Positive IndicatorNeutral IndicatorNegative Indicator
Indus Towers Resistance and Support
381.85
Pivot
| First Resistance | 384.5 |
|---|---|
| Second Resistance | 386 |
| Third Resistance | 388.7 |
| First Support | 380.4 |
|---|---|
| Second Support | 377.7 |
| Third Support | 376.2 |
| Day RSI | 51.9 |
|---|---|
| Day MACD | 0.8 |
| Day MFI | 65.5 |
| Day MACD Signal Line | 0.8 |
Indus Towers Beta
| 1 Month | 1.3 |
|---|---|
| 1 Year | 0.9 |
| 3 Month | 1 |
|---|---|
| 3 Year | 1.2 |
Indus Towers Price Change Analysis
↑1.8%
Over 1 Month
LowHigh
370392.3
↓-2.1%
Over 3 Months
LowHigh
355.6398.3
↓-6.6%
Over 6 Months
LowHigh
355.6449.4
↑5.3%
Over 1 Year
LowHigh
355.6481.5
Indus Towers Deals - Insider, Bulk, Block and SAST
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| OMEGA TELECOM HOLDINGS PRIVATE LIMITED | Block | Sell | 05 Dec 2024 | 353.70 | 59,638,460 | NSE |
| USHA MARTIN TELEMATICS LIMITED | Block | Sell | 05 Dec 2024 | 353.70 | 19,572,626 | NSE |
| VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND | Block | Purchase | 05 Dec 2024 | 353.70 | 862,780 | NSE |
| VANGUARD INVESTMENTS FUNDS ICVC - VANGUARD FTSE GLOBAL ALL CAP INDEX FUND | Block | Purchase | 05 Dec 2024 | 353.70 | 4,603 | NSE |
| VANGUARD INVESTMENT SERIES PLC - VANGUARD ESG EMERGING MARKETS ALL CAP EQUITY INDEX FUND | Block | Purchase | 05 Dec 2024 | 353.70 | 7,378 | NSE |
| VANGUARD FUNDS PUBLIC LTD COMPANY VANGUARD FTSE EMERGING MKTS UCITS ETF | Block | Purchase | 05 Dec 2024 | 353.70 | 24,403 | NSE |
| VANGUARD FUNDS PUBLIC LIMITED COMPANY VANGUARD FTSE ALL WORLD ETF | Block | Purchase | 05 Dec 2024 | 353.70 | 23,582 | NSE |
| VANGUARD FUNDS PLC VANGUARD ESG EMERGING MARKETS ALL CAP UCITS ETF | Block | Purchase | 05 Dec 2024 | 353.70 | 368 | NSE |
| VANGUARD FUNDS PLC / VANGUARD ESG GLOBAL ALL CAP UCITS ETF | Block | Purchase | 05 Dec 2024 | 353.70 | 1,080 | NSE |
| VANGUARD FTSE ALL-WORLD EX-US INDEX FUND A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | Block | Purchase | 05 Dec 2024 | 353.70 | 126,599 | NSE |
Indus Towers Corporate Actions
Indus Towers Dividend history and yield
Indus Towers dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track Indus Towers dividend yield over time.
#Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
110 Aug 2026 | 14 | FINAL | 10 Aug 2026 | Equity Share |
213 May 2022 | 11 | INTERIM | 17 May 2022 | Equity Share |
308 Feb 2021 | 17.82 | INTERIM | 09 Feb 2021 | Equity Share |
405 Aug 2020 | 2.3 | INTERIM | 06 Aug 2020 | Equity Share |
505 May 2020 | 4.1 | INTERIM | 06 May 2020 | Equity Share |
Indus Towers Board Meetings
Indus Towers past and upcoming board meetings.
#Ex-Date | Purpose | Notes |
|---|---|---|
127 Oct 2026 | Quarterly Results | - |
227 Jul 2026 | Quarterly Results | - |
330 Apr 2026 | Audited Results | - |
402 Feb 2026 | Quarterly Results | - |
527 Oct 2025 | Quarterly Results | - |
Indus Towers Research Reports
Indus Towers research reports with share price targets, and buy/hold/sell recommendations from top brokers.
# Date | Broker Name | Target | Price When Recommended | Type | Upside | Change Since Recommendation | Links |
|---|---|---|---|---|---|---|---|
| 127 Oct 2026 | Motilal Oswal | 410 | 373 | Neutral | 9.92% | 2.68% | |
| 227 Jul 2026 | Motilal Oswal Target | 435 | 381.6 | Neutral | 13.99% | 0.37% | |
| 301 May 2026 | ICICI Securities Limited | 350 | 409.95 | Sell | -14.62% | -6.57% | |
| 401 May 2026 | Motilal Oswal Target | 430 | 409.95 | Neutral | 4.89% | -6.57% | |
| 503 Feb 2026 | Geojit BNP Paribas Reco Target | 550 | 445.1 | Buy | 23.57% | -13.95% |
Indus Towers Corporate Filings
Indus Towers BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.
| Date | Announcement Title | Details | Links |
|---|---|---|---|
| 02 Nov 2026 | Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Indus Towers Limited has informed the Exchange regarding Transcripts of the Earnings Call on the Company''s performance for the second quarter (Q2) and half year ended September 30, 2026 | |
| 30 Oct 2026 | Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation | Indus Towers Limited has informed the Exchange regarding schedule of Analyst/ Institutional Investors'' Meeting | |
| 28 Oct 2026 | Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Indus Towers Limited has informed the Exchange regarding the link of Audio Recording of the Earnings Call on the Company''s performance for the second quarter (Q2) and half year ended September 30, 2026 | |
| 27 Oct 2026 | Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Press Release / Media Release | Indus Towers Limited has informed the Exchange regarding the Press Release dated October 27, 2026 titled "Indus Towers announces Consolidated Results for the second quarter ended September 30, 2026" | |
| 27 Oct 2026 | Indus Towers Ltd - 534816 - Quarterly Report For The Second Quarter (Q2) And Half Year Ended September 30, 2026 | Indus Towers Limited has informed the Exchange regarding Quarterly Report for the second quarter (Q2) and half year ended September 30, 2026 |
Indus Towers Documents
Indus Towers Earnings Call
Indus Towers earnings calls, including management commentary and AI-generated summaries.
| Date | Title | Links |
|---|---|---|
| 02 Nov 2026 | Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Link |
| 28 Oct 2026 | Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Link |
| 03 Aug 2026 | Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 28 Jul 2026 | Indus Towers Ltd - 534816 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Link |
| 28 Jul 2026 | Indus Towers Results Earnings Call for Q1FY27 | AudioVideo |
Indus Towers Annual Reports
Indus Towers financials, including annual results, balance sheets, and cash flow statements.
Indus Towers Credit Ratings
Indus Towers credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.
| Date | Rating Agency | Company Name | Description | Links |
|---|---|---|---|---|
| 16 Jul 2026 | crisil ratings | Indus Towers Limited | Indus Towers Limited:Ratings reaffirmed at 'Crisil AAA / Stable / Crisil A1+ ' | Link |
| 26 Nov 2025 | icra ratings | Indus Towers Limited (formerly Bharti Infratel Limited) | Long-term rating upgraded to [ICRA]AAA (Stable); short-term rating reaffirmed; outlook revised to Stable from Positive | Link |
| 17 Jul 2025 | crisil ratings | Indus Towers Limited | Indus Towers Limited:Long-term rating upgraded to 'Crisil AAA/Stable'; Short-term rating reaffirmed | Link |
| 27 May 2025 | icra ratings | Indus Towers Limited (formerly Bharti Infratel Limited) | Ratings reaffirmed; outlook revised to Positive from Stable | Link |
| 20 Feb 2025 | crisil ratings | Indus Towers Limited | Indus Towers Limited:Rating outlook revised to 'Positive'; Ratings Reaffirmed | Link |
Indus Towers Investor Presentations
Indus Towers investor presentations, including business updates, financial insights, and strategic initiatives.
| Date | Report Title | Links |
|---|---|---|
| 20 Nov 2019 | BHARTI INFRATEL LTD. - 534816 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 21 Feb 2019 | BHARTI INFRATEL LTD. - 534816 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 15 Feb 2019 | BHARTI INFRATEL LTD. - 534816 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 08 Jan 2019 | Bharti Infratel Ltd - 534816 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 20 Sep 2018 | Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
Indus Towers - Company Profile
Indus Towers Management Structure
Indus Towers management structure with salaries, total experience, and qualifications.
Indus Towers Board of Directors
Indus Towers Board of directors with salaries, total experience, and qualifications.
Indus Towers Brands
Brands owned by Indus Towers
| LOGO | BRAND NAME |
|---|---|
![]() | Tower Infrastructure Solutions |
Website: www.industowers.com
About the company - Business Profile
Indus Towers Limited is a major provider of passive telecom infrastructure in India. The company operates as a key intermediary in the telecommunications sector, acquiring, building, owning, and maintaining tower sites. It provides shared access to these facilities for wireless telecom service providers, including Bharti Airtel, Vodafone Idea, and Reliance Jio. By enabling multiple operators to share infrastructure, Indus Towers facilitates cost-effective network rollouts and supports the expansion of cellular coverage across the country.
Key Points
- Key Facts: Founded in 2006, Indus Towers is headquartered in Gurugram, Haryana. It is a subsidiary of Bharti Airtel Ltd. and is listed on the NSE and BSE.
- Operations and Resources: As of March 31, 2025, the company managed a portfolio of 249,305 macro towers and 405,435 co-locations. It operates in all 22 telecommunications circles in India. Its infrastructure includes macro sites, ultra-lean sites, and "Cell on Wheels" (COW).
- Market Significance: The company is critical to India’s digital infrastructure, supporting the rapid deployment of 5G technology. In FY25, 5G data traffic contributed to 25% of total data traffic in India, and Indus Towers facilitated this by adding nearly 30,000 macro towers and over 36,000 co-locations during the year.
- Revenue Breakdown (FY25):
- Revenue from Operations: ₹301,234 million.
- Profit After Tax (PAT): ₹90,332 million (Consolidated).
- EBITDA: ₹166,227 million with a margin of approximately 55%.
- Business Model and Strengths: The company operates on a tower-sharing model, which leverages an industry-leading sharing factor of 1.63. This model focuses on high operational efficiency and long-term contracts with telecom service providers. It excels in managing large-scale infrastructure while maintaining high network uptime, which stood at 99.976% in Q3 FY26.
- Technology and Innovation:
- 5G Deployment: Continued loading of 5G equipment on existing sites and selective new site additions for network densification.
- Lean Towers: Expanded the lean tower portfolio to 13,878 sites by FY25 to cater to small-cell requirements in dense urban areas.
- Strategic Acquisition: Acquired over 12,300 towers from Bharti Airtel for ₹19.2 billion in FY25 to bolster its single-operator portfolio and create future sharing opportunities.
- Sustainability and Environmental Initiatives:
- The company is transitioning to cleaner energy, adding 4,000 solar-powered sites in a single quarter (Q3 FY26), reaching a total of 40,000 solar sites.
- Diesel consumption was reduced by 4% year-on-year as of Q3 FY26, despite a 9% increase in co-locations and higher equipment loading.
- Strategic Initiatives and Outlook: The company is focused on four pillars: market share expansion, cost efficiency, network uptime, and sustainability. It aims to bridge the digital divide by expanding into underserved areas and building a real-time telemetry data system for its towers.
- Ownership and Risks: Bharti Airtel is the parent company. A significant risk factor noted in financial reports is the financial condition of one of its largest customers (Vodafone Idea), which creates uncertainty regarding the recoverability of certain receivables.
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