INDUSTOWERNSEIndus Towers LimitedHighNeutral
Announced Thu, 30 Apr · 22:15 IST

Indus Towers Limited has informed the Exchange regarding Quarterly report for the fourth quarter (Q4) and financial year ended March 31, 2026

Ebitda Margin CompressionPat NegativeResults View source PDF

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Price reaction · full curve 14 horizons · vs prior close
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₹410.40
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₹414.55
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AI summary

Indus Towers reported Q4 FY2026 revenue of Rs 81,010 million (up 4.8% YoY), with EBITDA at Rs 44,643 million and PAT at Rs 17,929 million. For the full year FY2026, revenue grew 7.9% to Rs 324,931 million, but EBITDA declined 13.8% to Rs 179,756 million with EBITDA margin compressing significantly from 69.2% to 55.3%. Full year PAT fell 28.1% to Rs 71,449 million from Rs 99,317 million in FY2025. Operating free cash flow declined 51.6% year-on-year to Rs 50,459 million. The company expanded its tower base to 264,514 macro towers and 428,014 co-locations. Net debt improved to Rs 152,744 million with lease liabilities. The board recommended a final dividend of Rs 14 per share.

Likely market impact

Significant profitability deterioration in FY2026 despite modest revenue growth indicates margin compression from higher power/fuel costs and other operating expenses. The stock may face pressure given the 28% PAT decline and declining EBITDA margins, though improved debt position and asset base provide some support.