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Indus Towers stock

INDUSTOWER.NSNSE

Indus Towers Limited, Communication ServicesISIN INE121J01017

$4.11▼ $0.11 (−2.7%)Closing price of 12 Nov 2026

68Score 68 out of 100, Neutral

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Price and trend

63 / 100

Price history

−4.9% in one year

The chart shows daily closes over 14 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Below the 200-day line: the price is 5.1% below it.

Trend change

Since July 2026 the 50-day line has been below the 200-day line; the trend has turned down.

Momentum

Normal: the price is neither overheated nor sold off (RSI 54).

Distance to the high

The price is 19% below its 52-week high. Largest decline in 14 years: 74% (June 2015 to March 2020).

Chart figures for advanced users
SMA 50$4.04
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$4.34
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)54
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$3.83
The lowest closing price of the last twelve months.
Resistance$5.08
The highest closing price of the last twelve months.
Market cap
$10.85B
Div. yield
no dividend
14.4
13.1
on earnings for the next twelve months ($0.31 per share)
Fair value
$5.89

Snapshot

Computed from the data by fixed rules, no AI

  • Indus Towers Limited belongs to the Telecommunications Services industry (India) and, with a market value of $10.85B, is number 45 of 89 companies in its industry on MEQIRI.
  • In fiscal 2026 it reported revenue of $3.45B (up 7.9% year on year) and earnings of $759.42M (down 28.1%).
  • For fiscal 2027, analysts expect on average revenue of $3.65B (up 5.8%) and adjusted earnings per share of $0.30 (up 3.4%).
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  • MEQIRI Score 68 out of 100 (Neutral): rank 46 of 232 in Communication Services, median 58.
  • The P/E is 14.4 (Telecommunications Services median 20.2, own median of recent years 14.8).
  • Our model puts fair value at $5.89, with the price 30% below it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Growing faster than its industryRevenue up 18.4% a year since 2021, Telecommunications Services median 5.7%.Growth 65
  • Below fair valuePrice 30% below the fair value of $5.89.Valuation 82
  • Consistently profitableProfit in all 10 fiscal years from 2017 to 2026.Fundamentals 84

Weaknesses

  • DilutionShare count up 22% since 2021.Capital allocation 39
68/ 100
MEQIRI Score
Neutral

Its standout strengths are fundamentals and valuation, while capital allocation holds the score back.

Daily figure as of 13 Nov 2026

How the score is calculated

Score overview

Score since yesterday from 69 to 68.

Fundamentals are strong, with stable profits.

Profit consistency100% of years
Cash conversion (free cash flow to earnings, 12 months)78%
ROIC (12 months)14.8%
Positive free cash flow100% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk not measured

How well MEQIRI warns

For stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.

Valuation

Valuation signal

Significantly undervalued
Price
$4.11
Fair value
$5.89
Gap to fair value
−30%

In our model the price counts as cheap below $4.53 and expensive above $8.42 (uncertainty medium, based on the price swings of the past year).

The two parts of the fair value come to $5.99 (cash-flow model) and $5.80 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.

Calculated with a cost of equity of 12.6%. At 13.6% the fair value would be $5.42, at 11.6% it would be $6.57.

Valuation metrics

1.68
6
Fair value (model)
$5.89
Earnings part $5.80 (earnings per share $0.29 × 20.2)

Half from the cash-flow model, half from earnings times the industry P/E (20.2).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

19 years

In the twelve months to 30 Sep 2026, revenue rose 5.3% on the twelve months before. Revenue has grown strongly since 2008, at around 24% per year.

Margins

19 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2026: gross 38%, operating 33%, net 22%.

Debt & balance sheet

latest quarter
0.52
6.1x
1.85
Cash & equivalents
$1.24B

Moderate debt, and interest is adequately covered.

Earnings

Next earnings
1 Feb 2027in 80 days
Last reported
26 Oct 2026EPS reported $0.07 (expected $0.07)below expectations

Analyst estimates

Earnings estimates have barely changed since 24 Oct 2026.

Fiscal 202721 analysts
Earnings per share
$0.30−0.3%
Revenue
$3.65B−0.3%
Fiscal 202823 analysts
Earnings per share
$0.32−0.1%
Revenue
$3.85B−0.3%

MEQIRI has stored the estimates since 24 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

What happened at Indus Towers

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

232 rated companies in Communication Services

Rank 46 of 232
46/ 232
This company
68
Sector median
58

Categories against the sector median

ProfitabilityMedian of 232 companies80 (median 53)27 above the median
GrowthMedian of 232 companies65 (median 54)11 above the median
FundamentalsMedian of 232 companies84 (median 71)13 above the median
ValuationMedian of 223 companies with a value82 (median 76)6 above the median
StabilityMedian of 232 companies76 (median 57)19 above the median
Capital allocationMedian of 232 companies39 (median 53)14 below the median
Technical analysisMedian of 232 companies63 (median 60)3 above the median
MomentumMedian of 232 companies50 (median 57)7 below the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Telecommunications Services

The next larger and next smaller companies by market value

All 89 Telecommunications Services stocks

ETFs that hold Indus Towers

Held by 23 ETFs on Xetra. Shown per index: the ETF with the largest weight.

ETFWeightCostFund size
iShares MSCI India UCITS ETFQDV50.36%0.65%€4.98B
iShares Global Infrastructure UCITS ETF Accum USDCBUX0.16%0.65%€218.67M
iShares MSCI EM Asia UCITS ETFCEBL0.06%0.20%€7.14B
Show 5 more

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 29 Oct 2026)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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