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INDUS TOWERS Fundamental Analysis Revenue, Profits & Valuation

NSE: INDUSTOWER | BSE: 534816 | TELECOMMUNICATION - EQUIPMENT
Price ₹395.30 +₹4.20 (+1.07%)
P/E Ratio 10.6 TTM
52-Week Range
Low ₹313 High ₹482
Market Cap ₹1.05T Trillion
ROE 30.6% Annual

Market data as of Aug 3, 2026

How has INDUS TOWERS (INDUSTOWER) been performing? We dig into revenue, profitability, valuation, and ownership trends.

INDUS TOWERS Revenue Trend

Compared to ₹28,601 Cr in FY2024, INDUS TOWERS's FY2025 revenue of ₹30,123 Cr marks a 5.3% improvement.

Stepping back, the 10-year revenue CAGR of 9.9% shows INDUS TOWERS has been growing at a moderate, sustainable pace.

In terms of scale, INDUS TOWERS's ₹30,123 Cr in annual revenue positions it as a major telecommunication - equipment company.

It's been 5 years of continuous revenue growth for INDUS TOWERS — a pattern worth noting.

Revenue Trend
YearRevenueYoY %
FY2025₹30,123 Cr+5.3%
FY2024₹28,601 Cr+0.8%
FY2023₹28,382 Cr+2.4%
FY2022₹27,717 Cr+95.9%
FY2021₹14,151 Cr

View INDUS TOWERS's full 10-year revenue trend with CAGR analysis →

INDUS TOWERS Profitability

A 64.5% improvement in net profit took INDUS TOWERS's bottom line to ₹9,932 Cr in FY2025.

Cost discipline paid off, with net profit margin expanding to 33.0% from 21.1%.

FY2025 diluted EPS of ₹37.31 was up from the ₹22.40 reported in FY2024.

Is INDUS TOWERS Undervalued

INDUS TOWERS shares are currently trading at ₹395.30.

Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.

Share Price vs Book Value

10-year trend comparing market price with book value per share

FY 2016 - FY 2025

At the last close of ₹395.30, up 1.1% on the day, the stock's price history is charted above against its book value per share. It has traded between ₹312.55 and ₹481.50 over the past 52 weeks, and currently sits 17.9% below that high.

Valuation Models

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INDUS TOWERS Shareholding Pattern

A stable promoter holding of 51.3% over 4 quarters suggests the management group is comfortable with its position.

Foreign investors held 23.2% of the company as of June 2026, down year-over-year from 26.2%.

As of June 2026, DIIs own 21.4% of the company — up from 18.2% a year earlier.

Shareholding Pattern (Last 4 Quarters)
QuarterPromoterFIIDIIPublic
Jun 202651.3%23.2%21.4%4.1%
Mar 202651.3%25.1%19.7%3.9%
Dec 202551.0%25.9%18.9%4.0%
Sep 202551.0%26.2%18.2%4.5%

Track quarterly shareholding changes for INDUS TOWERS →

INDUS TOWERS Balance Sheet

Proportional view as of 3 Aug 2026. Hover blocks for details.

Assets

Liabilities & Equity

In FY2025, the total asset base came in at ₹631.70B, up 13.1% YoY from ₹558.68B.

Property, Plant & Equipment accounts for 47.5% of the total, ahead of Other Assets (42.3%) and Receivables (7.5%).

Capital structure: 51.4% equity, 33.5% debt, 15.1% operating liabilities. Over the year, debt is up 3.0% and equity is up 20.2%.

Balance sheet composition — FY 2025

Assets (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Cash & ST Investments 16.36B
Receivables 47.68B
Inventories 76.00M
Property, Plant & Equipment 299.75B
Intangibles & Goodwill 380.00M
Other Assets 267.46B
Liabilities and equity (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Equity 324.98B
Short-term Debt 46.77B
Long-term Debt 164.79B
Trade Payables 24.45B
Other Liabilities 70.71B

View full balance sheet (multi-year) →

INDUS TOWERS Stock Analysis

Pulling it all together, here's what the numbers say about INDUS TOWERS (INDUSTOWER) heading into the next fiscal year.

Revenue of ₹30,123 Cr in FY2025, up 5.3% year-over-year.

Long-term revenue has been compounding at 9.9% annually over 10 years.

The company is profitable, with a net margin of 33.0% and net income of ₹9,932 Cr.

Unlock Full Analysis

For the complete 10-year financial history with interactive charts and growth analysis, explore INDUS TOWERS's detailed profile on Craytheon.