Indus Towers share price
NSE: INDUSTOWERBSE: 534816Telecom - ServicesLarge Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹381.85.
- Next results date: the board meets on 27 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,00,250 Cr92nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 27 Jul 2026
- 14.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 Apr 2026
- 2.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.68%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 27 Jul 2026
- 19.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 27 Jul 2026
- 27.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 Apr 2026
- 0.02
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 86,58,80467.7% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 27 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹8,431 Crup 4.07%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,746 Crdown 2.63%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 20.7%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 24 Oct | Dec 2024Filed 24 Jan | Mar 2025Filed 10 Jun | Jun 2025Filed 30 Jul | Sep 2025Filed 27 Oct | Dec 2025Filed 2 Feb | Mar 2026Filed 30 Apr | Jun 2026Filed 27 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7,465 | 7,547 | 7,727 | 8,058 | 8,188 | 8,146 | 8,101 | 8,431 |
| Net profit | 2,224 | 4,003 | 1,779 | 1,737 | 1,839 | 1,776 | 1,793 | 1,746 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 29.8% | 53.0% | 23.0% | 21.6% | 22.5% | 21.8% | 22.1% | 20.7% |
Business segments
In the year to Mar 2026 the company reports one business segment, Passive Infrastructure, which carries all its revenue.
Valuation
Today, against the company's own history.PE ratio and valuation history
At or below today's level on 42% of 2,480 trading days over the last 10 years.
At or below today's level on 25% of 1,921 trading days since Oct 2018.
At or below today's level on 41% of 1,921 trading days since Oct 2018.
At or below today's level on 45% of 2,480 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +28.4% | −27.4% | +72.3% | 3.3% |
| 3 years | +44.1% | +53.0% | −6.5% | 1.1% |
| 5 years | +12.9% | +14.1% | −2.4% | 1.7% |
Mutual funds holding it
280 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 107 of the 141 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 3 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 6
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 77
- CutCut. Funds that held fewer shares than at the end of the month before.
- 64
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 128
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 4
| Fund | |||
|---|---|---|---|
 SBI Contra FundSBI Mutual Fund | 3,21,26,692 | 2.66% | ₹1,199.0 Cr |
 Kotak Multi Cap FundKotak Mahindra Mutual Fund | 2,32,76,753 | 2.86% | ₹868.7 Cr |
| SBI Balanced Advantage FundSBI Mutual Fund | 2,10,00,000 | 1.93% | ₹783.7 Cr |
 Nippon India Growth Mid Cap FundNippon India Mutual Fund | 1,80,00,000 | 1.34% | ₹671.8 Cr |
| SBI Large & Midcap FundSBI Mutual Fund | 1,41,14,908 | 1.30% | ₹526.8 Cr |
| Kotak Arbitrage FundKotak Mahindra Mutual Fund | 1,31,00,200 | 0.65% | ₹488.9 Cr |
| Kotak Flexi Cap FundKotak Mahindra Mutual Fund | 1,30,00,000 | 0.91% | ₹485.2 Cr |
 quant Mid Cap Fundquant Mutual Fund | 1,23,29,026 | 6.01% | ₹460.1 Cr |
 Tata Value FundTata Mutual Fund | 99,00,000 | 4.48% | ₹369.5 Cr |
| Kotak Equity Savings FundKotak Mahindra Mutual Fund | 94,70,298 | 3.38% | ₹353.4 Cr |
Peers and competitors
Telecom - Infrastructure, 9 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Indus Towers in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 HFCLHFCL | 36,745 | 42.4 | 6.5 | 23.9 | +101.0% | +3,016.5% | 17.7% | 18.3% | 0.08% |
 Pace DigitekPACEDIGITK | 2,984 | 9.7 | 1.4 | 6.9 | – | – | 13.9% | 13.9% | 0.00% |
 Bondada EngineeringBONDADA | 2,943 | – | – | – | – | – | – | – | 0.11% |
 GTL InfrastructureGTLINFRA | 1,281 | 1.2 | – | 16.4 | +1.4% | – | – | 85.6% | 0.00% |
 Suyog TelematicsSUYOG | 589 | 9.8 | 1.2 | 4.3 | – | – | 13.6% | 16.1% | 0.20% |
 Sar TeleventureSARTELE | 397 | 5.5 | 0.4 | 4.1 | – | – | 7.9% | 7.6% | 0.00% |
 Rama TelecomRTL | 115 | 39.5 | 2.7 | – | – | – | 6.9% | – | 0.00% |
 Kore DigitalKDL | 28 | 0.8 | 0.2 | – | – | – | 29.1% | – | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 10 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹14.00 |
| 13 May 2022 | Interim | ₹11.00 |
| 8 Feb 2021 | Interim | ₹17.82 |
| 5 Aug 2020 | Interim | ₹2.30 |
| 5 May 2020 | Interim | ₹4.10 |
| 19 Dec 2019 | Interim | ₹2.75 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
Sep 2026
18 Sep · Rating
1 Sep · General Updates
Indus Towers share price by year
Each calendar year to 2025.Indus Towers share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 418.75 | +22.5% | 425.75 | 320.40 |
| 2024 | 341.80 | +71.7% | 458.50 | 202.15 |
| 2023 | 199.05 | +4.5% | 201.05 | 136.75 |
| 2022 | 190.45 | −23.3% | 275.95 | 182.85 |
| 2021 | 248.30 | +8.0% | 320.15 | 206.80 |
| 2020 | 229.90 | −9.0% | 254.45 | 124.05 |
| 2019 | 252.50 | −2.5% | 327.60 | 183.20 |
| 2018 | 259.00 | −31.6% | 379.05 | 249.20 |
| 2017 | 378.75 | +10.3% | 479.20 | 284.25 |
| 2016 | 343.45 | −19.8% | 430.05 | 322.00 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 385.15 | 385.15 | 376.80 | 380.00 | 379.81 | 86,58,804 | 67.7% |
| 22 Oct 2026 | 377.60 | 384.40 | 373.85 | 381.85 | 381.09 | 75,82,491 | 65.2% |
| 21 Oct 2026 | 382.00 | 386.70 | 376.80 | 379.00 | 379.66 | 33,62,335 | 61.2% |
| 19 Oct 2026 | 383.00 | 390.90 | 379.80 | 382.40 | 385.43 | 46,93,865 | 56.6% |
| 16 Oct 2026 | 381.60 | 385.25 | 379.95 | 383.30 | 383.32 | 17,81,767 | 55.4% |
| 15 Oct 2026 | 377.20 | 385.40 | 373.80 | 381.60 | 382.84 | 26,87,977 | 50.8% |
| 14 Oct 2026 | 377.75 | 382.85 | 375.90 | 376.80 | 379.45 | 38,07,639 | 64.8% |
| 13 Oct 2026 | 375.65 | 378.75 | 373.00 | 378.75 | 375.58 | 17,54,148 | 57.0% |
| 12 Oct 2026 | 380.00 | 380.75 | 372.30 | 375.65 | 375.41 | 58,35,701 | 71.2% |
| 9 Oct 2026 | 378.00 | 382.00 | 375.00 | 380.85 | 378.77 | 27,26,912 | 50.8% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback and offer for sale history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 18 Mar 2020 | Price move | – | Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for. |
About Indus Towers
Indus Towers Limited provides passive telecom infrastructure in India. It designs, deploys, owns and manages telecom towers that mobile network operators use to host their equipment, so that several operators share one tower. It has about 2.78 lakh towers, including lean towers, and about 4.42 lakh co-locations, which are operator installations on those towers. Its registered office is in Gurugram, Haryana. It was incorporated in 2006, and its shares have been listed on the stock exchanges since December 2012.
The company's offering covers ground and rooftop towers, in-building solutions that use distributed antenna systems, and smart poles fitted with LED lighting and CCTV cameras. It also supplies power to the telecom equipment on its sites from grid electricity, diesel generators, solar power and battery banks. A Tower Operations Centre monitors the network across the country.
Its footprint spans all telecom circles in India, covering 28 states and 8 union territories. It has begun entering Africa, starting with Nigeria, Uganda and Zambia, and has set up a wholly owned subsidiary, Indus Towers FZE, in the United Arab Emirates to support investment and management outside India. It has 3,795 employees.
Bharti Airtel Limited is the promoter and holding company of Indus Towers. A promoter is the person or group that set up a company or controls it. Vodafone group shareholders sold their remaining shareholding on 5 December 2024, and no Vodafone group entity now holds shares in the company. In the quarter to March 2025, the company acquired macro towers and lean co-locations from Bharti Airtel.
- Legal name
- Indus Towers Limited
- NSE symbol
- INDUSTOWER
- BSE code
- 534816
- ISIN
- INE121J01017
- Industry
- Telecom - Services
- Listed
- Dec 2012
- Face value
- ₹10
- Former symbols
- INFRATEL
- CIN
- L64201HR2006PLC073821
- Corporate identity number, the registrar of companies' code for it