Indus Towers Peer Comparison
NSE: INDUSTOWER | BSE: 534816
₹383.20
As on 05-Nov-2026IST
Market cap
₹1,00,817 Cr
Revenue (TTM)
₹33,194 Cr
P/E Ratio
14.2
P/B Ratio
2.6
Div. Yield
3.7 %
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
1,00,817 | 6,924 | 12,86,957 | 84,873 | 48,970 |
Revenue (₹ Cr) |
33,194 | 1,201 | 2,28,781 | 9,865 | 26,014 |
Net Profit (₹ Cr) |
7,107.40 | 299.15 | 38,053.50 | 1,968.90 | 1,072.17 |
Net Margin (%) |
20.81 | 24.60 | 16.39 | 19.46 | 4.07 |
RoE (%) |
17.97 | -- | 22.01 | 27.55 | 36.42 |
Price to Earnings |
14.18 | 23.15 | 41.50 | 43.11 | 44.37 |
Price-To-Book |
2.55 | -0.34 | 6.89 | 11.10 | 14.40 |
Income Statement (₹ Cr)
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
|
Operating Revenue
|
33,194.00 | 1,201.07 | 2,28,781.40 | 9,865.20 | 26,013.83 |
|
Total Income
|
34,147.30 | 1,216.21 | 2,32,145.70 | 10,116.30 | 26,345.05 |
|
Total Expenditure
|
15,234.00 | 540.82 | 98,258.30 | 4,644.30 | 20,849.78 |
|
EBITDA
|
17,960.00 | 660.25 | 1,30,523.10 | 5,220.90 | 5,164.05 |
|
Depreciation
|
7,473.10 | 134.31 | 55,915.70 | 2,324.40 | 2,962.65 |
|
EBIT
|
10,486.90 | 525.94 | 74,607.40 | 2,896.50 | 2,201.40 |
|
Interest
|
1,896.00 | 900.68 | 22,892.50 | 584.60 | 766.92 |
|
Other Income
|
953.30 | 15.14 | 3,364.30 | 251.10 | 331.22 |
|
Exceptional Items
|
0.00 | 658.75 | -3,951.10 | -33.70 | -199.42 |
|
Profit before Tax
|
9,544.20 | 299.15 | 51,128.10 | 2,529.30 | 1,566.28 |
|
Provision for Tax
|
2,436.80 | 0.00 | 13,074.60 | 560.40 | 494.11 |
|
Profit after Tax
|
7,107.40 | 299.15 | 38,053.50 | 1,968.90 | 1,072.17 |
Liabilities (₹ Cr)
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
39,463.30 | -18,932.69 | 1,58,047.00 | 7,313.30 | 3,401.18 |
|
Minority Interest
|
0.00 | 0.00 | -7,461.70 | 0.00 | 14.96 |
|
Non-Current Liabilities
|
23,390.60 | 20,090.47 | 1,83,194.10 | 5,754.80 | 11,464.80 |
|
Current Liabilities
|
9,891.90 | 251.85 | 1,85,773.80 | 6,041.90 | 13,946.71 |
|
Total Liabilities
|
71,315.10 | 1,341.03 | 5,45,372.70 | 19,050.60 | 28,287.22 |
Assets (₹ Cr)
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
35,245.20 | 751.84 | 3,79,175.50 | 12,600.70 | 18,304.08 |
|
Current Assets
|
14,825.50 | 242.77 | 96,551.90 | 2,615.90 | 7,145.60 |
|
Total Assets
|
71,315.10 | 1,341.03 | 5,45,372.70 | 19,050.60 | 28,287.22 |
|
Total Debt*
|
920.90 | 20,663.04 | 1,21,671.40 | 2,694.30 | 10,581.68 |
|
Net Current Assets
|
4,933.60 | -9.08 | -89,221.90 | -3,426.00 | -6,801.11 |
|
Contingent Liabilities
|
5,151.00 | 802.31 | 19,184.20 | 161.10 | 17,040.88 |
Cashflow (₹ Cr)
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
15,684.00 | 667.56 | 1,22,229.60 | 4,464.00 | 4,479.10 |
|
Cash Flow from Investing Activities
|
-10,198.30 | -90.58 | -58,534.50 | -2,010.20 | -1,459.93 |
|
Cash from Financing Activities
|
-5,588.10 | -603.95 | -52,292.60 | -2,437.90 | -2,936.58 |
|
Net Cash Inflow / Outflow
|
-102.40 | -26.97 | 11,402.50 | 15.90 | 82.59 |
Ratios
Profitability Ratios
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
|
ROCE (%)
|
30.51 | 157.86 | 25.05 | 29.30 | 15.75 |
|
ROE (%)
|
17.97 | 0.00 | 22.01 | 27.55 | 36.42 |
|
ROA (%)
|
10.16 | 22.63 | 6.97 | 10.34 | 3.81 |
|
EBIT Margin (%)
|
31.59 | 43.79 | 32.61 | 29.36 | 8.46 |
|
Net Margin (%)
|
20.81 | 24.60 | 16.39 | 19.46 | 4.07 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
5.31 | -0.85 | 17.56 | 8.17 | 9.08 |
|
EBIT Growth (%)
|
-21.96 | 24.74 | 25.75 | 13.86 | 12.35 |
|
Net Profit Growth (%)
|
-24.05 | 123.60 | -11.09 | 27.68 | -22.35 |
|
EPS Growth (%)
|
-24.05 | 71.54 | 6.35 | 23.52 | 53.41 |
|
Book Value Growth (%)
|
21.98 | -2.11 | 31.22 | 20.79 | 12.75 |
Valuation Ratios
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
|
Price / Earnings
|
14.18 | -19.26 | 37.65 | 42.55 | 39.25 |
|
Price / Book Value
|
2.55 | -0.34 | 6.89 | 11.10 | 14.40 |
|
Dividend Yield (%)
|
3.66 | 0.00 | 1.16 | 1.06 | 1.02 |
|
EV/EBITDA
|
5.34 | 41.72 | 10.45 | 16.64 | 11.34 |
|
Market Cap (₹ Cr)
|
1,10,258.84 | 6,116.96 | 10,87,290.52 | 75,189.59 | 38,414.45 |
Solvency Ratios
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.00 | -1.04 | 0.61 | 0.32 | 2.05 |
|
Short term debt to equity ratio
|
0.02 | -0.63 | 0.05 | -- | 0.63 |
|
Current Ratio
|
1.50 | 0.96 | 0.52 | 0.43 | 0.51 |
|
Quick Ratio
|
1.49 | 0.96 | 0.52 | 0.43 | 0.50 |
|
Interest Coverage
|
6.03 | 1.33 | 3.23 | 5.33 | 3.04 |
Operating Efficiency Ratios
| Indus Towers | Tata Teleservices | Bharti Airtel | Bharti Hexacom | Tata Comm | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
14.44 | 9.20 | 4.03 | 1.32 | 17.70 |
|
Asset Turnover
|
0.47 | 0.91 | 0.42 | 0.52 | 0.93 |
|
Receivable days
|
54.52 | 37.77 | 13.35 | 4.23 | 60.17 |
|
Inventory Days
|
0.19 | 0.00 | 0.91 | 0.00 | 1.90 |
|
Payable days
|
0.00 | -- | 4,350.59 | 8,908.18 | -- |
|
Cash Conversion Cycle
|
54.71 | -- | -4,336.33 | -8,903.95 | -- |