Indus Towers Peer Comparison

NSE: INDUSTOWER | BSE: 534816

₹379.85

₹6.65 (1.78%)

As on 01-Oct-2026 12:24IST

Market cap

₹1,01,042 Cr

Revenue (TTM)

₹32,867 Cr

P/E Ratio

14.1

P/B Ratio

2.4

Div. Yield

3.7 %

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	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
Market cap (₹ Cr)	1,01,042	6,842	10,99,504	1,41,604	69,473
Revenue (₹ Cr)	32,867	1,178	2,20,049	45,539	9,601
Net Profit (₹ Cr)	7,153.90	37.53	36,022.70	37,405.80	1,824.00
Net Margin (%)	21.18	3.14	16.13	81.08	18.52
RoE (%)	18.89	--	23.68	--	27.59
Price to Earnings	14.12	182.31	38.03	3.79	38.09
Price-To-Book	2.44	-0.34	5.88	-3.58	9.08

Income Statement (₹ Cr)

	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
Operating Revenue	32,866.60	1,177.55	2,20,049.30	45,538.70	9,600.70
Total Income	33,770.10	1,193.38	2,23,264.40	46,132.60	9,849.10
Total Expenditure	14,924.80	542.27	94,910.70	26,113.60	4,548.80
EBITDA	17,941.80	635.28	1,25,138.60	19,425.10	5,051.90
Depreciation	7,330.10	138.15	54,480.70	22,102.50	2,278.40
EBIT	10,611.70	497.13	70,657.90	-2,677.40	2,773.50
Interest	1,903.80	1,134.18	22,050.90	20,722.40	595.90
Other Income	903.50	15.83	3,215.10	593.90	248.40
Exceptional Items	0.00	658.75	-3,770.90	60,217.60	-33.70
Profit before Tax	9,611.40	37.53	48,051.20	37,411.70	2,392.30
Provision for Tax	2,457.50	0.00	12,028.50	5.90	568.30
Profit after Tax	7,153.90	37.53	36,022.70	37,405.80	1,824.00

	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
Shareholder's Funds	39,645.60	-19,983.38	1,49,056.60	-35,758.00	7,165.20
Minority Interest	0.00	0.00	-7,497.90	0.00	0.00
Non-Current Liabilities	22,667.50	3,140.27	1,81,682.50	1,87,707.00	5,965.80
Current Liabilities	9,003.00	18,184.14	1,74,505.70	39,689.00	5,919.60
Total Liabilities	71,315.10	1,341.03	5,45,372.70	1,91,630.00	19,050.60

	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
Non-Current Assets	33,922.60	728.17	3,76,292.30	1,58,377.00	12,654.50
Current Assets	15,518.40	184.33	90,215.40	21,876.00	2,225.00
Total Assets	71,315.10	1,341.03	5,45,372.70	1,91,630.00	19,050.60
Total Debt*	920.90	20,663.04	1,21,671.40	1,49,455.00	2,694.30
Net Current Assets	6,515.40	-17,999.81	-84,290.30	-17,813.00	-3,694.60
Contingent Liabilities	5,151.00	802.31	19,184.20	12,842.00	161.10

	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
Cash From Operating Activities	15,684.00	667.56	1,22,229.60	19,411.00	4,464.00
Cash Flow from Investing Activities	-10,198.30	-90.58	-58,534.50	-6,104.00	-2,010.20
Cash from Financing Activities	-5,588.10	-603.95	-52,292.60	-11,458.00	-2,437.90
Net Cash Inflow / Outflow	-102.40	-26.97	11,402.50	1,849.00	15.90

	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
ROCE (%)	30.51	157.86	25.05	46.77	29.30
ROE (%)	18.89	0.00	23.68	0.00	27.59
ROA (%)	10.64	2.84	6.76	19.21	9.52
EBIT Margin (%)	32.29	42.22	32.11	-5.88	28.89
Net Margin (%)	21.18	3.14	16.13	81.08	18.52
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
Revenue Growth (%)	6.72	-7.19	19.63	3.29	7.87
EBIT Growth (%)	-23.93	19.32	31.35	24.44	17.72
Net Profit Growth (%)	-26.57	102.94	-3.45	235.72	32.75
EPS Growth (%)	-26.57	51.20	8.88	41.39	27.86
Book Value Growth (%)	21.98	-2.11	31.22	66.67	20.79

	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
Price / Earnings	13.79	-10.80	34.13	-6.15	38.52
Price / Book Value	2.39	-0.33	5.87	-3.55	9.32
Dividend Yield (%)	3.74	0.00	1.37	0.00	1.26
EV/EBITDA	5.22	43.03	9.39	14.62	14.50
Market Cap (₹ Cr)	1,10,258.84	6,116.96	10,87,290.52	92,415.94	75,189.59

	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
Debt to Equity	0.00	-0.15	0.67	-4.08	0.34
Short term debt to equity ratio	0.02	-0.63	0.05	--	--
Current Ratio	1.72	0.01	0.52	0.55	0.38
Quick Ratio	1.72	0.01	0.51	0.55	0.38
Interest Coverage	6.05	1.03	3.18	2.81	5.01

	Indus Towers	Tata Teleservices	Bharti Airtel	Vodafone Idea	Bharti Hexacom
Debtors to sales (%)	15.03	8.11	3.63	4.32	1.13
Asset Turnover	0.49	0.89	0.41	0.23	0.50
Receivable days	54.52	37.77	13.35	16.14	4.23
Inventory Days	0.19	0.00	0.91	0.09	0.00
Payable days	0.00	--	4,350.59	0.00	8,908.18
Cash Conversion Cycle	54.71	--	-4,336.33	16.23	-8,903.95

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.