profit from every ₹100 of sales.
₹0₹100
Indus Towers
₹400.00+4.38% today
-3.4% in 1 year
1-year low ₹360.651-year high ₹477.90
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹14.77 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Indus Towers sold, what it kept, and what it did with the cash.
Sales went from ₹284 billion in 2023 to ₹325 billion in 2026, with ₹71.4 billion of profit last year.
SalesProfit
Indus Towers handed back 0% of the cash it generated last year.
Buybacks ₹263M
Free cash flow 2026₹70.6B
Bought back its own shares₹263M
Paid as dividends–
Cash vs. debt₹473M vs. ₹211.3B
Indus Towers vs. similar companies
Indus Towers grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Indus Towers | 14.8× · Cheap | ||
 China Mobile | 15.8× · Fair price | ||
 Verizon | 11.2× · Cheap | ||
 T-Mobile US | 16.6× · Fair price | ||
 AT&T | 6.8× · Cheap |
AI analysis
An AI analyst reads Indus Towers's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 283,818 | 286,006 | 301,228 | 324,931 | |
| 177,910 | 174,507 | 186,740 | 204,882 | |
| 44,431 | 86,340 | 144,426 | 108,348 | |
| 98,698 | 160,944 | 214,137 | 186,316 | |
| 20,400 | 60,362 | 99,317 | 71,449 | |
| 7.57 | 22.40 | 37.31 | – | |
| 62.7% | 61.0% | 62.0% | 63.1% | |
| 15.7% | 30.2% | 47.9% | 33.3% | |
| 7.2% | 21.1% | 33.0% | 22.0% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 465,724 | 558,676 | 631,702 | 713,161 |
| Cash | 224 | 631 | 1,497 | 473 |
| Total debt | 191,849 | 205,310 | 211,558 | 211,269 |
| Total liabilities | 254,629 | 288,288 | 306,719 | 316,705 |
| 211,095 | 270,388 | 324,983 | 396,456 | |
| 2,695 | 2,694 | 2,662 | – | |
| 8.7% | 16.5% | 22.1% | 14.9% | |
| 9.7% | 22.3% | 30.6% | 18.0% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 79,048 | 115,821 | 196,450 | 156,840 | |
| 36,226 | 89,529 | 67,840 | 86,258 | |
| 42,822 | 26,292 | 128,610 | 70,582 | |
| Dividends paid | 29,638 | – | – | – |
| – | 130 | 26,658 | 263 | |
| – | – | – | – |
Valuation
- 14.8×
- –
- –
- 2.7×
- 3.2×
- 14.9×
- 6.8×
- 6.7%
- 6.8%
- –
Profitability
- 63.1%
- 33.3%
- 22.0%
- –
- 14.2%
- 14.8%
- –
- –
- –
- –
Growth
- +4.6%
- –
- –
- –
- −0.4%
Financial health
- 1.1×
- 0.53
- –
- 6.1×
- 1.72
- –
- –
How it ranks in Communication Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 19%of 435
Top 9%of 437
Top 34%of 346
Bottom 47%of 439
Top 46%of 439
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
6/7Passes 6 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
75Pass
Benjamin Graham
66Pass
Philip Fisher
72Pass
Peter Lynch
66Pass
Joel Greenblatt
54No pass
Charlie Munger
78Pass
Terry Smith
69Pass
Questions about Indus Towers
Is Indus Towers a good stock to buy?
A strong, very profitable business, and the price looks low. 6 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Indus Towers AI analysis
What does Indus Towers do?
Indus Towers Limited, a telecom infrastructure company, engages in the operation and maintenance of wireless communication towers and related infrastructures for various telecom service providers in India, Nigeria, Uganda, and Zambia. It is in Telecom Services, based in Gurugram, India, with 3,795 employees.
Is Indus Towers stock halal?
Yes. Indus Towers passes our halal screen: its business is permitted and its debt is 20% of its market value, under the 30% limit. How we check
How has Indus Towers stock done over the past year?
Down 3.4% over the past twelve months, to ₹400.00. It traded between ₹360.65 and ₹477.90 and is 16.3% below its high.
Who are Indus Towers's competitors?
The largest listed companies in the same industry are China Mobile, Verizon, T-Mobile US and AT&T. The peers table on this page compares their profit, growth and price with Indus Towers's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.