Indus Towers Limited
Indus Towers Limited is formed by the merger of Bharti Infratel Limited and Indus Towers. This combined strength makes Indus one of the largest telecom tower companies in the world. Enabling communication for millions of people daily, Indus will continue to provide affordable, high-quality and reliable services for the growing network connectivity needs of India. Indus Towers Limited has over 219,736 towers and 368,588 co-locations (31st March 2024) and a nationwide presence covering all 22 telecom circles. Indus’ leading customers are Bharti Airtel (together with Bharti Hexacom), Vodafone Idea Limited and Reliance Jio Infocomm Limited, which are the leading wireless.
Key Business
- Tower
- Power
- Space
- Smart Cities
- TOC
- Green Technologies
Shareholding Pattern
-PUBLIC GROUP
-PROMOTER GROUP
-Employee Trust
-Non Promoter-Non Public
Financial Summary
Particulars | March 2024 | March 2023 | March 2022 |
Sales | 28,601 | 28,382 | 27,717 |
Sales Growth % | 0.77% | 2.40% | 98.63% |
Expenses | 14,044 | 18,713 | 12,816 |
Operating Profit | 14,557 | 9,669 | 14,901 |
OPM % | 51% | 34% | 54% |
Net Profit | 6,036 | 2,040 | 6,373 |
EPS in Rs | 22.4 | 7.57 | 23.65 |
Synopsis of Financials
- Gross revenues increased by 4.3% year-on-year to ₹73.8 billion.
- Core revenues from rentals grew by 7.0% year-on-year to ₹46.4 billion.
- Reported EBITDA increased by 29.4% year-on-year to ₹45.5 billion, with EBITDA margins up 11.9 percentage points year-on-year to 61.6%.
- Profit after tax grew by 42.9% year-on-year to ₹19.3 billion.
Final Outlook
Indus Towers Ltd. has a durability score of 75, which indicates High Financial Strength,thus shows good sighn for investors for investing in Indus Towers Ltd.
Cash flow per share is expected to grow by 4.0% in FY25 Indus Towers Ltd.’s Cash flow per share was higher than average estimate 2 times in past 3 years, thus investors should buy this indus tower stock as it can be analysed that the stock will give good results in future.
1.Indus Towers have a largest markegt capitalisation among its peers and is standing among its top.
2.There is a decrease in the profit in one year of Indus towers which is quite a concern.
3. By looking at the chart of the stock it is showing positive result and the stock prices of indus towers is rising.
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