Indus Towers Ltd (INDUSTOWER) — shareholding pattern, promoter holding, financials and share price
About Indus Towers Ltd (INDUSTOWER)
Indus Towers Ltd operates in the Telecom - Infrastructure industry, within the Telecommunication sector. It trades on the NSE as INDUSTOWER and on the BSE under scrip code 534816. Its ISIN is INE121J01017.
Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers. [1]
Indus Towers Limited, formerly Bharti Infratel Limited, manages and operates a robust telecom tower infrastructure network across India, providing tower sharing services to all major telecom operators.
The company is deeply involved in aiding the roll-out and densification of 5G networks, showcasing significant revenue potential from increased tower deployments and tenancy ratios.
Listed peers in Telecom - Infrastructure: Altius Telecom Infrastructure Trust, HFCL Ltd, Pace Digitek Ltd, Bondada Engineering Ltd, Vindhya Telelinks Ltd, GTL Infrastructure Ltd.
Valuation & Returns
10 Jul 2026At ₹406 a share on 10 Jul 2026, Indus Towers Ltd (INDUSTOWER) was valued at a price-to-earnings ratio of 14.99x against an industry P/E of 36.97x and a price-to-book of 3.3x on a book value of ₹123.19 per share as of Mar 2025. Solomo computes return on equity of 21.99% and return on capital employed of 20.86% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 14.99x
- Industry P/E
- 36.97x
- P/B
- 3.3x
- EPS (TTM)
- ₹27.08
- Book value / share
- ₹123.19
- ROE
- 21.99%
- ROCE
- 20.86%
- ROA
- 11.31%
- Debt / equity
- 0.65x
- Dividend yield
- 3.45%
- EBITDA margin
- 56.41%
- 52-week range
- ₹312.6 – ₹481.55
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indus Towers Ltd (INDUSTOWER) reported revenue of ₹32,493 crore, net profit of ₹7,145 crore and earnings per share of ₹27.08. That compares with revenue of ₹30,123 crore and net profit of ₹9,932 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹8,101 crore and net profit ₹1,793 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 27,717 | 28,382 | 28,601 | 30,123 | 32,493 |
| Net profit (₹ cr) | 6,373 | 2,040 | 6,036 | 9,932 | 7,145 |
| EPS (₹) | 23.65 | 7.57 | 22.4 | 37.65 | 27.08 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 20.66% | 34.92% | 2.82% | 5.32% |
| Profit growth | 25.05% | 41.54% | 15.94% | 64.54% |
| Stock price CAGR | 1% | 11% | 33% | 0% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 51.26% of Indus Towers Ltd (INDUSTOWER) (unchanged from the previous quarter), foreign institutional investors (FII) hold 23.2% and domestic institutional investors (DII) hold 21.45%. Market capitalisation was ₹1,07,109 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2012.
Largest disclosed public shareholders in Jun 2026: MAGNUM HYBRID LONG SHORT FUND 4.2%, KOTAK INFRASTRUCTURE & ECONOMIC REFORM FUND 3.13%, LIFE INSURANCE CORPORATION OF INDIA 1.61%, DSP REGULAR SAVINGS FUND 1.29%, LAZARD EMERGING MARKETS EQUITY PORTFOLIO 1.2%, TATA NIFTY500 MULTICAP INFRASTRUCTURE 50:30:20 IND 1.11%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 51.26% | - | 23.2% | 21.45% | 48.71% |
| Mar 2026 | 51.26% | - | 25.09% | 19.68% | 48.71% |
| Dec 2025 | 51.03% | - | 25.92% | 18.95% | 48.93% |
| Sep 2025 | 51.03% | - | 26.2% | 18.24% | 48.93% |
| Jun 2025 | 50% | - | 27.51% | 18.17% | 49.96% |
| Mar 2025 | 50% | - | 26.42% | 18.41% | 49.96% |
| Dec 2024 | 50% | - | 26.15% | 17.8% | 49.96% |
| Sep 2024 | 53.01% | 5.7% | 24.19% | 16.99% | 46.98% |