Indus Towers Limited (INDUSTOWER.NS) stock analysis

In our weekly check, Indus Towers Limited is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 20 pass, warnings: 2, red flags: 2.

About Indus Towers Limited

Indus Towers Limited is a Communication Services company (Telecommunications Services) based in India, listed on NSE as INDUSTOWER.NS.

What our checks show for INDUSTOWER.NS

Red flags

• The gross margin fell by 18.7 points, to 44.3%: costs are rising faster than prices.
• The stock has fallen as much as 74% from a peak. Would you have held through that?

Warning signs

• The net margin fell by 1.2 points over 5 years, to 21.8%: the company keeps less of each sale as profit.
• The stock is still below its previous peak.

Strengths

• Operating cash flow is 1.98x net profit: the profit arrives as real cash.
• Earnings per share grew 53% a year over the last 3 years.
• Net profit grew 51.9% a year over the last 3 years.
• The company keeps 21.8% of its revenue as net profit.
• Free cash flow is 16.9% of revenue: cash for dividends, buybacks or growth.
• The price is 14 times earnings (P/E), reasonable for its growth.

Next earnings report: 2026-10-27

Similar companies

ADVANC.BK · 2412.TW · 4904.TW · 3045.TW · MTN.JO · VOD.JO

Questions

What grade does Indus Towers Limited (INDUSTOWER.NS) have?

In our weekly check, Indus Towers Limited is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 20 pass, warnings: 2, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of INDUSTOWER.NS stock?

This week's biggest flags for Indus Towers Limited: Gross margin falling, Deep past fall, Margins falling. In total 4 of 24 checks show a warning or a red flag.

What does Indus Towers Limited do?

Indus Towers Limited is a Communication Services company (Telecommunications Services) based in India, listed on NSE as INDUSTOWER.NS.

When does Indus Towers Limited report earnings next?

The next earnings report is expected on 2026-10-27. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

Open the full analysis