ScoreWhy is Indus Towers Ltd ?
1
High Management Efficiency with a high ROCE of 19.85%
2
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 1.40 times
3
Healthy long term growth as Net Sales has grown by an annual rate of 36.10% and Operating profit at 43.71%
4
Flat results in Sep 25
- PBT LESS OI(Q) At Rs 2,395.50 cr has Fallen at -23.5% (vs previous 4Q average)
- PAT(Q) At Rs 1,839.30 cr has Fallen at -24.5% (vs previous 4Q average)
- DEBT-EQUITY RATIO(HY) Highest at 1.66 times
5
With ROCE of 25.8, it has a Expensive valuation with a 2.4 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 11.62%, its profits have risen by 24.1% ; the PEG ratio of the company is 0.4
6
Rising Promoter Confidence
- Promoters have increased their stake in the company by 1.03% over the previous quarter and currently hold 51.03% of the company
- Promoters increasing their stake is a sign of high confidence in the future of the business
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Indus Towers should be less than 10%
- Overall Portfolio exposure to Telecom - Equipment & Accessories should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Telecom - Equipment & Accessories)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Indus Towers for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Indus Towers
25.29%
0.39
30.16%
Sensex
8.49%
0.44
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
36.10%
EBIT Growth (5y)
43.71%
EBIT to Interest (avg)
7.10
Debt to EBITDA (avg)
1.60
Net Debt to Equity (avg)
0.46
Sales to Capital Employed (avg)
0.60
Tax Ratio
24.49%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
44.88%
ROCE (avg)
19.14%
ROE (avg)
24.02%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
16
Price to Book Value
3.20
EV to EBIT
12.20
EV to EBITDA
7.41
EV to Capital Employed
2.51
EV to Sales
4.11
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
25.76%
ROE (Latest)
25.92%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend4What is working for the Company
DEBT-EQUITY RATIO(HY)
Lowest at 0.58 times
DEBTORS TURNOVER RATIO(HY)
Highest at 6.50 times
-11What is not working for the Company
PBT LESS OI(Q)
At Rs 2,266.50 cr has Fallen at -24.8% (vs previous 4Q average
PAT(Q)
At Rs 1,775.90 cr has Fallen at -24.1% (vs previous 4Q average
Loading Valuation Snapshot...
Here's what is working for Indus Towers
Debt-Equity Ratio - Half Yearly
Lowest at 0.58 times and Fallen
each half year in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Debtors Turnover Ratio- Half Yearly
Highest at 6.50 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Indus Towers
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2,266.50 cr has Fallen at -24.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 3,012.63 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 1,775.90 cr has Fallen at -24.1% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 2,339.60 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Non Operating Income - Quarterly
Highest at Rs 153.80 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
