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Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.
2006
3.6K+
LTM Revenue $3.5B
LTM EBITDA $2.2B
$13.2B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Indus Towers has a last 12-month revenue of $3.5B and a last 12-month EBITDA of $2.2B.
In the most recent fiscal year, Indus Towers achieved revenue of $3.3B and an EBITDA of $1.9B.
Indus Towers expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Indus Towers valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.3B | XXX | XXX | XXX |
| Gross Profit | $2.0B | $2.1B | XXX | XXX | XXX |
| Gross Margin | 61% | 62% | XXX | XXX | XXX |
| EBITDA | $1.1B | $1.9B | XXX | XXX | XXX |
| EBITDA Margin | 34% | 56% | XXX | XXX | XXX |
| Net Profit | $740M | $237M | XXX | XXX | XXX |
| Net Margin | 22% | 7% | XXX | XXX | XXX |
| Net Debt | $523M | $545M | XXX | XXX | XXX |
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As of April 15, 2025, Indus Towers's stock price is INR 373 (or $4).
Indus Towers has current market cap of INR 985B (or $11.4B), and EV of INR 1.13T (or $13.2B).
See Indus Towers trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $13.2B | $11.4B | XXX | XXX | XXX | XXX | $0.40 |
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Sign UpAs of April 15, 2025, Indus Towers has market cap of $11.4B and EV of $13.2B.
Indus Towers's trades at 3.7x LTM EV/Revenue multiple, and 5.9x LTM EBITDA.
Analysts estimate Indus Towers's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Indus Towers and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $13.2B | XXX | XXX | XXX |
| EV/Revenue | 3.8x | XXX | XXX | XXX |
| EV/EBITDA | 6.1x | XXX | XXX | XXX |
| P/E | 11.3x | XXX | XXX | XXX |
| P/E/Growth | -1.5x | XXX | XXX | XXX |
| EV/FCF | 16.9x | XXX | XXX | XXX |
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Sign UpIndus Towers's NTM/LTM revenue growth is 8%
Indus Towers's revenue per employee for the last fiscal year averaged $0.9M, while opex per employee averaged $0.3M for the same period.
Over next 12 months, Indus Towers's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Indus Towers's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Indus Towers and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 62% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 65% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 71% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.9M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.3M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 1% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 31% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Macquarie Technology Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Superloop | XXX | XXX | XXX | XXX | XXX | XXX |
| Service Stream | XXX | XXX | XXX | XXX | XXX | XXX |
| Telstra | XXX | XXX | XXX | XXX | XXX | XXX |
| Intracom Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Indus Towers acquired XXX companies to date.
Last acquisition by Indus Towers was XXXXXXXX, XXXXX XXXXX XXXXXX . Indus Towers acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Indus Towers founded? | Indus Towers was founded in 2006. |
| Where is Indus Towers headquartered? | Indus Towers is headquartered in India. |
| How many employees does Indus Towers have? | As of today, Indus Towers has 3.6K+ employees. |
| Who is the CEO of Indus Towers? | Indus Towers's CEO is Mr. Prachur Sah. |
| Is Indus Towers publicy listed? | Yes, Indus Towers is a public company listed on BOM. |
| What is the stock symbol of Indus Towers? | Indus Towers trades under 534816 ticker. |
| When did Indus Towers go public? | Indus Towers went public in 2012. |
| Who are competitors of Indus Towers? | Similar companies to Indus Towers include e.g. Macquarie Technology Group, Superloop, Service Stream, Telstra. |
| What is the current market cap of Indus Towers? | Indus Towers's current market cap is $11.4B |
| What is the current revenue of Indus Towers? | Indus Towers's last 12-month revenue is $3.5B. |
| What is the current EBITDA of Indus Towers? | Indus Towers's last 12-month EBITDA is $2.2B. |
| What is the current EV/Revenue multiple of Indus Towers? | Current revenue multiple of Indus Towers is 3.7x. |
| What is the current EV/EBITDA multiple of Indus Towers? | Current EBITDA multiple of Indus Towers is 5.9x. |
| What is the current revenue growth of Indus Towers? | Indus Towers revenue growth between 2023 and 2024 was 1%. |
| Is Indus Towers profitable? | Yes, Indus Towers is EBITDA-positive (as of the last 12 months). |
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