---
title: "Indus Towers Ltd (INDUSTOWER) — Share Price, Financials & Analysis"
symbol: "INDUSTOWER"
company: "Indus Towers Ltd"
canonical: "https://tapetide.com/stocks/INDUSTOWER"
isin: "INE121J01017"
nse_symbol: "INDUSTOWER"
bse_code: "534816"
sector: "Telecom"
industry: "Telecom Infrastructure"
market_cap_cr: 100342.52
generated_at: "2026-09-13T18:57:45.519Z"
---

# Indus Towers Ltd (INDUSTOWER)

Canonical page: https://tapetide.com/stocks/INDUSTOWER

## Company

- **NSE Symbol:** INDUSTOWER
- **BSE Code:** 534816
- **ISIN:** INE121J01017
- **Sector:** Telecom
- **Industry:** Telecom Infrastructure
- **Macro Sector:** Telecommunication
- **Stock Type:** EQUITY
- **Listed Since:** 2012-12-28
- **CEO:** Mr. Prachur Sah
- **Employees:** 3791
- **Face Value:** ₹10
- **F&O Eligible:** Yes
- **Website:** industowers.com

## About

Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers.[1]

## Latest Price

- **Price:** ₹388
- **Change:** +16 (+4.3%)
- **Open:** ₹372
- **Day High:** ₹390.85
- **Day Low:** ₹372
- **Previous Close:** ₹372
- **Volume:** 16707001
- **As Of:** 2026-09-11T10:24:34+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:05.178920Z.

- **Market Cap:** ₹100342.52 Cr
- **Classification:** Midcap
- **P/E (reported):** 13.7
- **P/E (TTM):** 14.31
- **EPS (TTM):** ₹27.12
- **EPS (reported):** ₹24.54
- **Book Value:** ₹150.44
- **Price to Book:** 2.48
- **Dividend Yield:** 3.76%
- **ROE:** 18.02%
- **ROCE:** 18.44%
- **Debt to Equity:** 0.53
- **Revenue (yearly):** ₹33311.5 Cr
- **Net Income:** ₹7144.9 Cr
- **EBITDA:** ₹18631.6 Cr
- **52-Week High:** ₹481.5
- **52-Week Low:** ₹337.8
- **RSI (14):** 43.17

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 54.71 | 9% |
| growth | 45.55 | 9% |
| momentum | 33.87 | 12% |
| ownership | 50 | 24% |
| quality | 81.05 | 22% |
| valuation | 67.28 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is providing a good dividend yield of 3.61%.

### Weaknesses

- Promoter holding has decreased over last 3 years: -17.7%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -20.16% | 35.42% | 71.95% |
| ebitda margin growth | 0.45% | -19.33% | 4.88% | 2.61% |
| net income growth | -2.63% | -28.06% | 47% | 13% |
| revenue growth | 3.59% | 7.85% | 5% | 18% |
| roce | -1.29% | -34.42% | -15.61% | 21.12% |
| roe | -2.63% | -41.03% | 23.63% | -37.37% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 7132 | 7199 | 7193 | 7383 | 7465 | 7547 | 7727 | 8058 | 8188 | 8146 | 8101 | 8431 |
| Expenses | 3711 | 3615 | 3122 | 2879 | 2602 | 589 | 3332 | 3668 | 3616 | 3678 | 3677 | 3953 |
| Operating Profit | 3422 | 3584 | 4072 | 4504 | 4864 | 6958 | 4395 | 4390 | 4572 | 4468 | 4424 | 4478 |
| OPM % | 48 | 50 | 57 | 61 | 65 | 92 | 57 | 54 | 56 | 55 | 55 | 53 |
| Other Income | 97 | 99 | 108 | 56 | 114 | 84 | 92 | 85 | 83 | 154 | 155 | 121 |
| Interest | 246 | 11 | 127 | 408 | 418 | 255 | 431 | 437 | 376 | 404 | 376 | 358 |
| Depreciation | 1526 | 1596 | 1564 | 1560 | 1580 | 1568 | 1693 | 1704 | 1801 | 1798 | 1838 | 1894 |
| Profit before tax | 1747 | 2076 | 2489 | 2592 | 2980 | 5219 | 2363 | 2334 | 2478 | 2420 | 2365 | 2347 |
| Tax % | 26 | 26 | 26 | 26 | 25 | 23 | 25 | 26 | 26 | 27 | 24 | 26 |
| Net Profit | 1295 | 1540 | 1853 | 1926 | 2224 | 4003 | 1779 | 1737 | 1839 | 1776 | 1793 | 1746 |
| EPS in Rs | 4.8 | 5.72 | 6.88 | 7.15 | 8.43 | 15.17 | 6.74 | 6.58 | 6.97 | 6.73 | 6.8 | 6.62 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6621 | 6826 | 6743 | 13954 | 27717 | 28382 | 28601 | 30123 | 32493 | 32867 |
| Expenses | 3464 | 3714 | 3185 | 6775 | 12816 | 18713 | 14044 | 9473 | 14680 | 14925 |
| Operating Profit | 3157 | 3112 | 3558 | 7179 | 14901 | 9669 | 14557 | 20650 | 17813 | 17942 |
| OPM % | 48 | 46 | 53 | 51 | 54 | 34 | 51 | 69 | 55 | 55 |
| Other Income | 1599 | 1559 | 1846 | 1262 | 458 | 85 | 1490 | 764 | 818 | 513 |
| Interest | 46 | 53 | 335 | 836 | 1603 | 1670 | 1864 | 1858 | 1893 | 1513 |
| Depreciation | 1180 | 1066 | 1282 | 2848 | 5325 | 5324 | 6060 | 6402 | 7141 | 7330 |
| Profit before tax | 3529 | 3553 | 3788 | 4757 | 8431 | 2759 | 8122 | 13154 | 9598 | 9611 |
| Tax % | 29 | 30 | 13 | 21 | 24 | 26 | 26 | 24 | 26 | — |
| Net Profit | 2494 | 2494 | 3299 | 3779 | 6373 | 2040 | 6036 | 9932 | 7145 | 7154 |
| EPS in Rs | 13.48 | 13.48 | 17.83 | 14.02 | 23.65 | 7.57 | 22.4 | 37.65 | 27.08 | 27.12 |
| Dividend Payout % | 104 | 111 | 59 | 143 | 47 | 0 | 0 | 0 | 52 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1850 | 1850 | 1850 | 1850 | 2695 | 2695 | 2695 | 2695 | 2638 | 2638 |
| Reserves | 13650 | 15115 | 12682 | 11693 | 13182 | 19456 | 18415 | 24344 | 29860 | 37008 |
| Borrowings | 278 | 0 | 6 | 4627 | 21576 | 19726 | 19185 | 20531 | 21156 | 21127 |
| Other Liabilities | 5163 | 2661 | 2577 | 1584 | 7491 | 6091 | 6278 | 8298 | 9514 | 10543 |
| Total Liabilities | 20941 | 19625 | 17115 | 19754 | 44944 | 47968 | 46572 | 55868 | 63168 | 71315 |
| Fixed Assets | 5794 | 5595 | 5332 | 6714 | 31800 | 31826 | 32384 | 39300 | 44380 | 49514 |
| CWIP | 58 | 110 | 118 | 54 | 274 | 179 | 355 | 422 | 567 | 630 |
| Investments | 11172 | 12327 | 9906 | 11170 | 2271 | 1652 | 276 | 3 | 1486 | 4316 |
| Other Assets | 3916 | 1593 | 1759 | 1815 | 10598 | 14311 | 13559 | 16143 | 16735 | 16855 |
| Total Assets | 20941 | 19625 | 17115 | 19754 | 44944 | 47968 | 46572 | 55868 | 63168 | 71315 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2866 | 3469 | 3159 | 2315 | 7481 | 9121 | 7905 | 11582 | 19645 | 15684 |
| Cash from Investing Activity | -237 | -1855 | 1600 | -1012 | 1798 | -2174 | -1730 | -7546 | -10910 | -10198 |
| Cash from Financing Activity | -2671 | -3555 | -4795 | -1185 | -9377 | -5982 | -7133 | -3995 | -8648 | -5588 |
| Net Cash Flow | -42 | -1940 | -36 | 118 | -98 | 966 | -958 | 41 | 87 | -102 |
| Free Cash Flow | 1960 | 2521 | 2329 | 1586 | 5529 | 6252 | 4737 | 3136 | 13388 | 7786 |
| CFO/OP | 130 | 136 | 128 | 80 | 119 | 74 | 105 | 92 | 104 | 99 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 18 | 15 | 29 | 20 | 100 | 93 | 63 | 82 | 58 | 55 |
| Cash Conversion Cycle | 18 | 15 | 29 | 20 | 100 | 93 | 63 | 82 | 58 | 55 |
| Working Capital Days | -207 | -41 | -24 | -149 | -173 | 11 | 3 | 3 | -2 | 7 |
| ROCE % | 18 | 23 | 21 | 23 | 19 | 25 | 11 | 22 | 29 | 19 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 69% | 69% | 69% | 52.01% | 53.01% | 50% | 50% | 50% | 51.03% | 51.03% | 51.26% | 51.26% |
| FIIs | 21.41% | 20.71% | 16.4% | 23.15% | 24.19% | 26.15% | 26.42% | 27.51% | 26.2% | 25.92% | 25.09% | 23.2% |
| DIIs | 6.58% | 6.98% | 9.89% | 16.99% | 16.99% | 17.8% | 18.41% | 18.17% | 18.24% | 18.95% | 19.68% | 21.45% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 2.24% | 2.55% | 3.41% | 4.85% | 3.91% | 4.17% | 3.67% | 3.01% | 3.11% | 2.8% | 2.7% | 2.64% |
| Others | 0.77% | 0.76% | 1.3% | 3% | 1.91% | 1.88% | 1.49% | 1.3% | 1.41% | 1.29% | 1.27% | 1.45% |
| No. of Shareholders | 264674 | 267108 | 310694 | 406689 | 410259 | 441036 | 421427 | 366757 | 380788 | 348339 | 335735 | 341960 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 5 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 377.78 | Buy |
| EMA (10) | 377.91 | Buy |
| SMA (20) | 377.31 | Buy |
| EMA (20) | 378.85 | Buy |
| SMA (50) | 385.87 | Buy |
| EMA (50) | 386.04 | Buy |
| SMA (100) | 400.03 | Sell |
| EMA (100) | 396.03 | Sell |
| SMA (200) | 415.35 | Sell |
| EMA (200) | 400.71 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.8 | Neutral |
| MACD (12,26,9) | -2.08 | Buy |
| Stochastic (14,3,3) | 41.33 | Neutral |
| ADX (14) | 18.01 | Neutral |
| Williams %R (14) | -12.87 | Sell |
| ATR (14) | 9.59 | Neutral |
| ROC (12) | 2.73 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 49.4 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 11 | 47.83% |
| Hold | 5 | 21.74% |
| Sell | 7 | 30.43% |

Based on 23 analyst ratings, observed at 2026-09-11T04:45:05.261310+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6239121-68e8-47de-9faf-6d1b2f2779b8.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfe63ca0-010f-4fe9-bfe4-0c6587a3d08d.pdf) |
| 2026-09-01 | [Announcement Under Regulation 30 (LODR)- ESG Ratings](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=955992eb-63f9-4fcf-aa4d-0f268b4c638d.pdf) |
| 2026-08-21 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c0feb50-3045-49f5-b5bf-e8ac2a746130.pdf) |
| 2026-08-19 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b61c3fc-248e-43c3-be6a-abd8f1cf5b09.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad741588-8525-4d45-a14e-d2f2843e1eb0.pdf) |
| 2026-07-31 | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17bb07dc-97b8-4399-87e7-79ce9c1c44ef.pdf) |
| 2026-07-31 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=928c82ae-e16a-49f7-8350-05b1e14bdec8.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c82b2f9d-1aad-44dc-b0ca-3b00edac5664.pdf) |
| 2026-07-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d81b6e8f-d89c-4f59-9c13-b6bd8765de4f.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=693360f3-50b5-49d9-b6ef-49c2c140b676.pdf) |
| 2026-05-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55d79cdd-7dbd-4f98-83b5-13500c817fe9.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba2c5d56-b570-4102-a410-170606a93a06.pdf) |
| 2024-01-31 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d2d68eb-699e-485b-9f46-5b3667060ef2.pdf) |
| 2023-11-01 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b6c9809-e795-4c47-af11-adced84bd53a.pdf) |
| 2023-08-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a2323a37-8df0-4f1e-9ffd-dedbca87809a.pdf) |
| 2023-05-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a9fce8d-9df7-462b-8bd5-73ee10de236e.pdf) |
| 2023-02-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9dc529a-e5f3-4684-8089-359199226c2a.pdf) |
| 2022-11-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=189cd7f4-f89a-4df9-87bd-cdebb2dc8727.pdf) |
| 2022-08-09 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed896976-3cbf-42dd-857c-f7001c2af608.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-07-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f537b806-530a-46b5-ae71-8b296edc3ae5.pdf) |
| 2026-05-01 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c63bbd4-eb80-450c-a2a8-8da73af1dc68.pdf) |
| 2026-02-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf73e6a4-ade5-43b2-aad5-939f6fb56fc4.pdf) |
| 2025-10-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31654221-ed69-453b-8cd6-e29945451889.pdf) |
| 2025-07-31 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec818885-2dd4-4be3-b383-1282a938fe67.pdf) |
| 2025-05-01 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4902907-0ccc-4abe-8ae2-c0d1fcc5c974.pdf) |
| 2024-10-23 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f03fdb9-1391-45ad-a8d7-8f6cdde4cb63.pdf) |
| 2023-10-26 | [Audio Recording Of The Earnings Call On The Company'S Performance For The Second Quarter (Q2) Ended September 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35bdb62a-77a3-417d-8a08-1f579fc770fd.pdf) |
| 2023-07-28 | [Audio Recording Of The Earnings Call On The Company'S Performance For The First Quarter (Q1) Ended June 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e53fc12-01a9-42a9-9e08-3053bbacf512.pdf) |
| 2023-04-27 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=531cbed7-cd2d-4cf9-87ac-c1079bc608d7.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-27 | [Financial Results For The First Quarter (Q1) Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4125489-b239-40d4-8fe4-f3d415e2c221.pdf) |
| 2026-04-30 | [Financial Results For The Fourth Quarter (Q4) And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15d2585f-a392-4662-88ad-28a7454bcd18.pdf) |
| 2026-02-02 | [Board Meeting Outcome for Outcome Of Board Meeting - Financial Results For The Third Quarter (Q3) And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e54ee8b-5f02-42d4-b4ff-077e64953151.pdf) |
| 2026-02-02 | [Financial Results For The Third Quarter (Q3) And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16201eee-1557-4c1d-9eec-ff98bc78693c.pdf) |
| 2025-10-27 | [Financial Results For The Second Quarter (Q2) And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b9a8200-1f73-467d-9747-071b7225a051.pdf) |
| 2025-07-30 | [Audited Financial Results For The First Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4495d2fe-f20f-458d-9735-727c3eabbd8c.pdf) |
| 2025-04-30 | [Audited Financial Results For The Fourth Quarter And Year Ended On March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25b5cba8-6c7d-46cc-a7bf-84055176c2cc.pdf) |
| 2025-01-23 | [Outcome Of The Board Meeting - Financial Results For The Third Quarter (Q3) And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da349b98-16e3-476c-974b-7953561248da.pdf) |
| 2024-10-22 | [Outcome Of The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81b44785-503a-4a7f-b1f0-872e18c5def7.pdf) |
| 2024-10-22 | [Revision Of Outcome Of The Board Meeting - Consolidated Financial Results For The Second Quarter (Q2) And Half Year Ended September 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9023dff0-8646-4b98-a818-2fed16cfce2b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2018 | [Concall - Sep 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5fb8f6ca-703e-4dbb-97d7-1e50445d8b3f.pdf) |
| Sep 2018 | [Concall - Sep 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1175e161-b821-433f-9b75-dbf82a2c493b.pdf) |
| Sep 2018 | [Concall - Sep 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/9/5fb8f6ca-703e-4dbb-97d7-1e50445d8b3f.pdf) |
| Sep 2018 | [Concall - Sep 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/9/1175e161-b821-433f-9b75-dbf82a2c493b.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf1b0d5a-4a8e-4de6-ba37-09ab3d822d8f.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf1b0d5a-4a8e-4de6-ba37-09ab3d822d8f.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbd61650-f18e-4366-89e2-9f9263c8c682.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bbd61650-f18e-4366-89e2-9f9263c8c682.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b6c9809-e795-4c47-af11-adced84bd53a.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/189cd7f4-f89a-4df9-87bd-cdebb2dc8727.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Indus Towers Limited has informed regarding Transcript of the Earnings Call on the Company''s performance for the third quarter (Q3) ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 9 Feb - Indus Towers Limited has informed regarding Transcript of the Earnings Call on the Company''s performance for the third quarter (Q3) ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba2c5d56-b570-4102-a410-170606a93a06.pdf) |
| 8h - Indus Towers to announce Q4 and FY26 results on April 30, 2026; earnings call on May 1. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8h - Indus Towers to announce Q4 and FY26 results on April 30, 2026; earnings call on May 1.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4f3c196c-32b5-40c8-9aef-f82f8106af65.pdf) |
| 8 May - Indus Towers Limited has informed regarding Transcripts of the Earnings Call on the Company''s performance for the fourth quarter (Q4) and financial year ended March … | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 8 May - Indus Towers Limited has informed regarding Transcripts of the Earnings Call on the Company''s performance for the fourth quarter (Q4) and financial year ended March …](https://www.bseindia.com/xml-data/corpfiling/AttachLive/55d79cdd-7dbd-4f98-83b5-13500c817fe9.pdf) |
| 6h - Board meeting on April 30, 2026 to consider dividend recommendation or declaration. | [Update on board meeting 6h - Board meeting on April 30, 2026 to consider dividend recommendation or declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/65eb8952-5a37-46a6-8cb1-ada19926802d.pdf) |
| 5h - Indus Towers approved Q4/FY26 audited results; FY26 revenue Rs 324,931 million, profit Rs 71,449 million; final dividend Rs 14/share. | [Board Meeting Outcome for Outcome Of The Board Meeting 5h - Indus Towers approved Q4/FY26 audited results; FY26 revenue Rs 324,931 million, profit Rs 71,449 million; final dividend Rs 14/share.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/122dce9e-f132-494f-af13-81aae36f21f2.pdf) |
| 30 Mar - Venkatesh Tiwari appointed COO effective April 1, 2026; incumbent to retire August 31, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 30 Mar - Venkatesh Tiwari appointed COO effective April 1, 2026; incumbent to retire August 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0bfd0262-5834-4e5d-828d-823adf73628e.pdf) |
| 30 Apr - Indus Towers reported Q4 FY26 revenue of Rs 81,010 mn, PAT Rs 17,929 mn, and recommended Rs 14 dividend. | [Quarterly Report For The Fourth Quarter (Q4) And Financial Year Ended March 31, 2026 30 Apr - Indus Towers reported Q4 FY26 revenue of Rs 81,010 mn, PAT Rs 17,929 mn, and recommended Rs 14 dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fda0b1b7-8df0-4ca9-acae-dda28295f2ff.pdf) |
| 30 Apr - Indus Towers reported Q4 FY26 revenue of Rs 81,010 mn, PAT Rs 17,929 mn, and recommended Rs 14 dividend. | [Quarterly Report For The Fourth Quarter (Q4) And Financial Year Ended March 31, 2026 30 Apr - Indus Towers reported Q4 FY26 revenue of Rs 81,010 mn, PAT Rs 17,929 mn, and recommended Rs 14 dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fda0b1b7-8df0-4ca9-acae-dda28295f2ff.pdf) |
| 30 Apr - Indus Towers reported FY26 revenue of Rs 32,493 crore, PAT Rs 7,145 crore, and Rs 14 final dividend. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 Apr - Indus Towers reported FY26 revenue of Rs 32,493 crore, PAT Rs 7,145 crore, and Rs 14 final dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4df64a8a-00b2-4b51-96b0-da77b0797ed0.pdf) |
| 30 Apr - Indus Towers reported FY26 revenue of Rs 32,493 crore, PAT Rs 7,145 crore, and Rs 14 final dividend. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 30 Apr - Indus Towers reported FY26 revenue of Rs 32,493 crore, PAT Rs 7,145 crore, and Rs 14 final dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4df64a8a-00b2-4b51-96b0-da77b0797ed0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b19645a0-96d6-4104-a89e-c5d03d3ab076.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f816b72b-db76-4f5a-a68d-95860e4d847d.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6966d0a7-d710-498c-addc-bf2c096ab192.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77f42e07-cf2c-4a65-85c1-23ff79c33276.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/534816/74026534816.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/534816/68908534816.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/534816/5348160320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/534816/5348160319.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:57:45.519Z.