Close 2026-08-21 1267 scanned A

INDUSTOWER

Indus Towers Limited
TelecommunicationLarge capRs 99,127 crRs 168.4 cr traded a dayInfrastructure
Close on 2026-08-21
375.75
+1.88%
52-week range34% of the way up
324.05477.75
Market cap
99,127 cr
P/E (TTM)
13.9×
industry 48×
EPS (TTM)
27.12
Revenue YoY
+4.6%
Q1 FY27
Profit YoY
+0.5%
Net margin
20.7%
-0.8pt vs a year ago
Growth trend
-0.2pt
vs last quarter’s YoY
1 month
-3.7%
Below 52w high
27.1%
RSI (14)
36
Daily swing
2.4%
average true range
Volume
0.8×
vs 20-day average
Traded
Rs 168 cr
median day
Close200-day averageMaterial filing
350400450Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
−2.24%
1 month
−3.72%
3 months
−13.27%
6 months
−18.54%
1 year
+14.05%

The read

written from the numbers on this page
The evidence is mixed3 supporting, 3 against, 1 worth knowing

Supporting

  • up 14% over twelve months
  • priced at 14× earnings against an industry median of 48× — 71% below its peers
  • the future trades at a 0.58% premium to spot

Against

  • trading 10% below its 200-day average
  • net margin has narrowed from 22.5% to 20.7% across four quarters
  • futures show a short buildup — new sellers are committing capital

Worth knowing

  • revenue grew 5% year on year in the quarter ending 2026-06-30
INDUSTOWER sits in Infrastructure — worth checking whether the whole group is moving together or whether this name is doing it alone.
What would change this read: a close back above 418, its 200-day average; open interest reversing while price keeps going.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

How it has performed

price return over each window, measured against zero
-2.2%1W-3.7%1M-13.3%3M-18.5%6M+14.1%1Y

What the scans say today

0 of 47 matched on 2026-08-21
INDUSTOWER matches none of the 47 scans today.
Not matched by any of the 47 scans on 2026-08-21. Most stocks match nothing on most days — that is what makes a match worth looking at.

Valuation against its own history

500 sessions since 2024-09-06
median 12×
17×
now 14×
INDUSTOWER trades at 14× trailing earnings, above its median of 12× over this window — 18% more expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · Management filings were typically -0.01pt vs the market over the next 5 sessions (n=1,988)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
7.5k7.5k7.7k8.1k8.2k8.1k8.1k8.4k29.8%53.0%20.7%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 5% against the same quarter a year earlier
  • profit rose 1% year on year

Going against it

  • net margin narrowed from 22.1% to 20.7%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · consolidated
8,4312,3471,7466.6220.7%
Q4 FY26
2026-03-31 · consolidated
8,1012,3651,7936.8022.1%
Q3 FY26
2025-12-31 · consolidated
8,1462,4201,7766.7321.8%
Q2 FY26
2025-09-30 · consolidated
8,1882,4781,8396.9722.5%
Q1 FY26
2025-06-30 · consolidated
8,0582,3341,7376.5921.6%
Q4 FY25
2025-03-31 · consolidated
7,7272,3631,7796.7523.0%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average-4.3%
Versus 200-day average-10.2%
Below 52-week high-21.4%
Above 52-week low+16.0%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)36.4
Higher closes in last 51 of 5
Six-month return−18.54%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.35%
Volume versus 20-day0.8x
Median daily turnoverRs 168.4 cr

Derivatives

near expiry 2026-08-25 · 2026-08-20
Short Buildup
Price down, open interest up. New sellers are committing capital. The most common state in a falling tape, and the one that unwinds hardest if it turns.
Futures basis versus spot+0.58%
Open interest change+1.5%
Put / call ratio0.62
Put wall (support)376
Call wall (resistance)396
Max pain376
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Telecommunication · 13 classified companies
INDUSTOWER trades at 13.9× trailing earnings against an industry median of 47.7× across 11 other classified companies in its industry — cheaper than them, by 71%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
IDEA151,0304.0+5.61%+114.13%398.3
INDUSTOWER99,12713.9−3.72%+14.05%168.4
BHARTIHEXA79,56043.6−1.04%−10.23%22.5
TATACOMM47,18247.7−8.07%+6.70%36.8
HFCL34,89257.7+10.14%+224.43%409.2
STLTECH30,730141.0+14.27%+365.42%112.3
ITI26,888102.2+0.59%−7.50%6.2
TEJASNET9,252+2.64%−12.86%52.3
RAILTEL9,21926.6−0.10%−18.45%12.2
TTML7,386170.8−4.11%−35.70%4.2
OPTIEMUS4,79165.9−12.24%−12.11%8.9
ROUTE3,16411.9−16.35%−41.25%9.9
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet