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Earnings Call

Indus Towers Earnings Call: Key Takeaways

Indus Towers reported FY26 gross revenue of ₹325 billion (up 7.9% YoY) and PAT of ₹71.4 billion. Management declared a final dividend of ₹14/share, resuming payouts on improved cash flow visibility.

Why this was an Alfa AlertNot a filter event. Performance was steady but did not beat explicit management guidance by >10% on primary metrics.
Highlights
Revenue growth7.9% YoY for FY26; core rental revenue up 9% YoY.
MarginsEBITDA margin at 55.1% for Q4; energy margins improved to -3.6%.
Order bookDescribed as very healthy and strong for the coming quarters.
Demand visibilityStrong due to 5G densification and 4G expansion by major customers.
Management confidenceHigh; resumed dividends based on sustained business momentum and collections.

Growth

FY26 core rental revenue grew 9% YoY to ₹209 billion. Q4 PAT grew 0.8% YoY to ₹17.9 billion.

Outlook

Strong order book for India; beginning tower deployment in Zambia (Africa). Capex remains 70% growth-oriented.

Risks

Geopolitical tensions in West Asia disrupting tower supply chains and LPG availability; network cost increases due to maintenance.

Source

Earnings Call filed with NSE, NSE: INDUSTOWER. Summary written with AI assistance from the document.

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Indus Towers Ltd: key numbers

Share price
₹374.65
Market cap
₹98,839 Cr
Revenue (annual)
₹32,493 Cr
Net profit (annual)
₹7,145 Cr
P/E (TTM)
13.8×Sector 33.0×
Promoter holding
51.26%+0.00% QoQ
FII holding
23.20%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Indus Towers Limited has been assigned an ESG Rating of 69.86 (Leader) by Niche Ninety Nine Capability and Certifications (OPC) Private Limited.