Indus Towers Share is a bullish trend in the share market. During share ups and downs, you should know all about share details before investing. In this blog, we are going to discuss Indus Towers Share Price Target 2025, 2027, 2028, 2030, 2040. We will try to analyze the share base in the company’s overall performance.
We also look after the company’s profit growth in the last 5 years, the last 5 year’s sales growth, and the last 5 years’ ROE percentage similarly we also compare the Indus Towers Share growth, the share price return amount of the share become increasing or decreased through the last 5 years. We also take advice from experts about which time we should invest in the share it may be helpful for you also. Let’s have a look at Indus Towers Share Price Target from 2025 to 2040.
Overview Of Indus Towers Limited
Indus Towers Limited was established in the year 2007 which is an Indian telecommunications infrastructure company and the headquarters of the company is situated in Gurugram, Haryana. The company offers passive infrastructure services to mobile network operators and other wireless service providers. The company was incorporated by Bharti Infratel, Vodafone Essar, and Idea Cellular to provide telecom infrastructure to telecom operators.
Fundamental Analysis Of Indus Towers Limited
| Company Name | Indus Towers Limited |
| Market Cap | ₹95,820.52 Crore |
| Book Value | ₹123.52 |
| Face Value | ₹10 |
| 52 Week High | ₹462.85 |
| 52 Week Low | ₹207.45 |
| P/B | 2.99 |
| DIV. YIELD | 0% |
| PE Ratio | 9.59 |
| ROE | 25.10% |
| ROA | 12.08% |
Indus Towers Share Price Target 2025
Indus Towers Share Price Target 2025 forecast range may vary from ₹360.29 to ₹493.06.
Influencing Key Factors Of Indus Towers Share Price Target 2025
- Strong Background Of Indus Towers Limited
- Indus Towers Limited has been operating in 15 telecom circles with pre-merger Bharti Infratel which was operating in 11 telecom circles. In the year 2020, Bharti Infratel, Vodafone Group Plc, and Vodafone Idea held shareholding interests of 42%, 42%, and 11.15% respectively in Indus Towers Limited.
- Increasing Financial Condition Of The Company
- In the financial, year 2023-24 the company’s EBITDA increased by 50% became ₹147,940 Million. The company’s revenue amount from operation increased to ₹287,008 Million, which increased 0.78% every year. In the same year, the Net Profit amount of the company increased by 196% which became ₹60,365 Million every year.
- Global Presence Of The Company
- In the year 2023-24, the Solar Sites amount of the company increased by 955% which became 14k. The total co-location base including lean increased by 8.5% and became 8.6 lahks. As of 30th September 2023, the company owned and operated 204,212 towers with 353,462 co-locations with an average sharing factor of 1.74.
| Month | Indus Towers Share Price Target 2025 (1st Price Target) | Indus Towers Share Price Target 2025 (2nd Price Target) |
| February | ₹360.29 | ₹379.77 |
| March | ₹377.46 | ₹385.38 |
| April | ₹382.15 | ₹389.16 |
| May | ₹385.75 | ₹402.37 |
| June | ₹397.64 | ₹417.44 |
| July | ₹415.93 | ₹429.74 |
| August | ₹428.75 | ₹442.11 |
| September | ₹439.50 | ₹444.39 |
| October | ₹440.17 | ₹465.76 |
| November | ₹463.81 | ₹478.22 |
| December | ₹475.17 | ₹493.06 |
Indus Towers Share Price Target 2027
Indus Towers Share Price Target 2027 forecast range may vary from ₹605.31 to ₹752.19.
Influencing Key Factors Of Indus Towers Share Price Target 2027
- Innovation Of 5G Services
- Indus Towers Limited launched 5G services in October 2022. With a total of 5G subscribers, reached 131 million by the end of the year 2023 and is expected to grow to 576 million by the end of the year 2026 as per the Nokia MBiT Index report 2024. For the top three, operators the average data consumed per user per month grew by 16% every year to 24 GB in the financial year 2023-24, and the total data consumption grew by 25% every year.
- Increasing Tele Density In India
- Indus Towers is an enabler for the communication in India. Indus touches 600 million people on an everyday basis multiple times a day. 3 out of every 5 calls are made through an Indus site. According to a study, every 10% increase in teledensity leads to a 1.2% increase in GDP.
- Increasing The Number Of Towers Every Year
- Indus Towers Limited increased the number of its towers every year. In the second quarter result of the year 2023, the company’s total towers number was 187,925 which increased to 205,213 in the second quarter of the year 2024.
| Month | Indus Towers Share Price Target 2027 (1st Price Target) | Indus Towers Share Price Target 2027 (2nd Price Target) |
| January | ₹605.31 | ₹623.67 |
| February | ₹620.19 | ₹638.44 |
| March | ₹635.03 | ₹649.37 |
| April | ₹647.44 | ₹660.15 |
| May | ₹659.78 | ₹675.15 |
| June | ₹669.05 | ₹689.46 |
| July | ₹688.25 | ₹702.57 |
| August | ₹700.35 | ₹722.39 |
| September | ₹720.13 | ₹735.92 |
| October | ₹733.02 | ₹748.61 |
| November | ₹745.60 | ₹758.62 |
| December | ₹739.29 | ₹752.19 |
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Indus Towers Share Price Target 2028
Indus Towers Share Price Target 2028 forecast range may vary from ₹749.66 to ₹875.37.
Influencing Key Factors Of Indus Towers Share Price Target 2028
- The Growth Of The Company
- Indus Towers Limited has branches all over India. The telecom infrastructure services to all telecom operators and other wireless service providers in the wireless space. In 2008, the company started its journey with 63,400 towers and added 1,29,000 in less than 33 months. The company has 1,20,882 towers, 2,71,007 tenancies, and 30,000 staff in 15 circles nationwide.
- The Number Increasing Amount In Yearly Basis
- Indus Towers Limited increases the number of towers yearly basis. In the fourth quarter of the year 2023, the company tower number was 198,286 which increased to 204,213 in the second quarter of the year 2024. With the increase in net towers number, the company also focusing the solar panels for increasing profit growth.
- Agreement With Bharti Airtel
- Bharti Airtel, Vodafone Group, and Vodafone Idea announced on 25th April 2018 that they had signed an agreement to merge Bharti Infratel with Indus Towers. The company had an agreement under the terms that Bharti Infratel would transfer 1,566 of its shares for each Indus Towers share valuing the latter at $10 billion. A good partnership with a good company will increase the company’s profit growth.
| Month | Indus Towers Share Price Target 2028 (1st Price Target) | Indus Towers Share Price Target 2028 (2nd Price Target) |
| January | ₹749.66 | ₹764.29 |
| February | ₹763.19 | ₹785.75 |
| March | ₹732.07 | ₹746.27 |
| April | ₹742.08 | ₹765.15 |
| May | ₹760.14 | ₹778.75 |
| June | ₹775.19 | ₹792.17 |
| July | ₹790.31 | ₹810.28 |
| August | ₹809.19 | ₹818.39 |
| September | ₹815.07 | ₹833.64 |
| October | ₹829.19 | ₹840.35 |
| November | ₹839.19 | ₹862.14 |
| December | ₹860.95 | ₹875.37 |
Indus Towers Share Price Target 2030
Indus Towers Share Price Target 2030 forecast range may vary from ₹1,111.03 to ₹1,269.37.
Influencing Key Factors Of Indus Towers Share Price Target 2030
- Providing Wi-Fi Services
- The total Net Tower additions during the year is 30.5K. During the year the company also deployed over more than 72,000 5G Sites. The company also takes initiatives to make digital India by providing the facility of Wi-Fi Services, digital billboards, and establishing integrated optical fiber networks that span the entire cities.
- Vodafone Sells Entire Stake In Indus Towers
- On June 19, 2024, UK’s Vodafone Group plc said that it was sold an 18% stake. Out of its 21.05% holding in Indus Towers for ₹15,300 Crore. The stake sale proceeds will be used to clear the bulk of the UK company’s existing lender dues relating to $1.8 billion of borrowings secured against its Indian assets.
- Provided The Company’s Business In Smart City
- In pioneering smart city partnerships with New Delhi Municipal Council (NMDC), Vadodara Municipal Corporation (VMC), Dehradun Smart Cities (DSCL), and Bhopal Smart City (BSCDCL), Indus Towers has rolled out its smart digital infrastructure of Smart poles LED lights, CCTV cameras, Variable Digital Messaging Board, Environment Sensors, City Public Wi-Fi including fiber backbone. Businesses provided their business in different smart cities to gain more profit.
| Month | Indus Towers Share Price Target 2030 (1st Price Target) | Indus Towers Share Price Target 2030 (2nd Price Target) |
| January | ₹1,111.03 | ₹1,128.37 |
| February | ₹1,125.59 | ₹1,140.62 |
| March | ₹1,089.14 | ₹1,123.76 |
| April | ₹1,119.76 | ₹1,135.25 |
| May | ₹1,134.25 | ₹1,148.09 |
| June | ₹1,144.37 | ₹1,168.15 |
| July | ₹1,165.76 | ₹1,190.67 |
| August | ₹1,189.07 | ₹1,213.28 |
| September | ₹1,210.09 | ₹1,230.15 |
| October | ₹1,229.43 | ₹1,239.11 |
| November | ₹1,235.02 | ₹1,268.25 |
| December | ₹1,255.56 | ₹1,269.37 |
Indus Towers Share Price Target 2040
Indus Towers Share Price Target 2040 forecast range may vary from ₹2,569.37 to ₹2,709.51.
Influencing Key Factors Of Indus Towers Share Price Target 2040
- NextGen Service Centric Tower Operations Center
- The Indus Tower Operations Center (TOC) is a state-of-the-art facility that is designed to cater to one of the most fundamental requirements for company-wide operations. Customer Delight remains at the center of everything we do at the facility. The Indus Towers (TOC) provides an end-to-end tower management solution, incorporating the aspects of top-line maintenance, reliable tracking measures, and sustainable energy practices. The company’s new TOC is the biggest operation in the NOC industry, managing more than 200 operations all over India.
- Engaging With The Company’s Business Partners
- Indus Towers Limited’s supply chain comprises different partner categories, infrastructure equipment, infra-build services, infra maintenance services, site security, and IT Equipment & services. A partnership with a big company also be helpful for the company.
- Benefits To Partners With JV
- In December 2006 Vodafone and Airtel conceived the idea to form a JV for tower sharing. Tower sharing reduces the operating costs and capital expenditure of wireless telecom operators. Tower sharing will open a new market for all partners’ emerging rural markets. Whenever a problem comes in Indus the pain of the customer needs to be felt by all the partner companies and tower companies as well.
| Year | Indus Towers Share Price Target 2040 |
| 1st Price Target | ₹2,569.37 |
| 2nd Price Target | ₹2,709.51 |
The Few Years’ Performance Of Indus Towers Limited
Profit Growth
The company’s last 5 year’s profit growth percentage is described in the below portion.
- In the last 5 years 16.89%
- In the last 3 years 22.01%
- In the last 1 year 196.45%
The company’s Net Profit was ₹2,045.52 Crore in March 2023, which increased to ₹6,124.52 Crore in March 2024. The Operating Profit was ₹9,745.23 Crore in March 2023, which increased to ₹14,489.65 Crore in March 2024.
Sales Growth
The last 5 year’s Sales growth percentage of the company is described in the below portion.
- In the last 5 years 33.56%
- In the last 3 years 28.10%
- In the last 1 year 0.80%
The Net Sales amount was ₹7,152.42 Crore in September 2023 which increased to ₹7,495.36 Crore in September 2024.
ROE Percentage
The company’s last 5 year’s ROE percentage is described below.
- In the last 5 years 21.25%
- In the last 3 years 22.96%
- In the last 1 year 25.63%
ROCE Percentage
The company’s last 5 year’s ROCE percentage is described below.
- In the last 5 years 26.98%
- In the last 3 years 23.52%
- In the last 1 year 35.01%
Total Assets Amount
The Total Assets amount was ₹45,375.12 Crore in March 2023 which increased to ₹54,896.85 Crore in March 2024.
Total Liabilities
The company’s Total Liabilities were ₹45,385.20 Crore in March 2023, which increased to ₹54,835.10 Crore in March 2024.
Total Expenditure Amount
The Total Expenditure amount of the company was ₹18,785.23 Crore in March 2023 which decreased to ₹14,325.63 Crore in March 2024.
Net Cash Flow Amount
The Net Cash Flow amount of the company was ₹-915.45 Crore in March 2023 which increased to ₹37.56 Crore in March 2024.
Other Income Amount
The Other Income amount of the company was ₹578.41 Crore in March 2023 which increased to ₹1585.41 Crore in March 2024.
Peers Company Of Indus Towers Limited
| Company Name | Market Cap (Crore) |
| ITI Limited | ₹31,512.84 |
| Tejas Networks Limited | ₹23,125.58 |
| HFCL Limited | ₹18,510.79 |
| GTL Infrastructure Limited | ₹2,785.05 |
Discussion About Share Holding Pattern Of Indus Towers Limited
Indus Towers Limited mainly has four types of shareholding patterns such as promoter holding, public holding, DII, and FII. We can majorly influence the company’s growth depending on the shareholding pattern.
| Investor Type | Percentage |
| Promoter Holding (Owned by the company’s promoter) | 53.20% |
| Public Holding (Held by the public) | 5.00% |
| FII (Invest by Foreign Institutional Investor) | 25.10% |
| DII (Invest money by Domestic Institutional Investor) | 16.70% |
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Indus Towers Share Price Target Prediction In The Last Few Years
For the last few years, Indus Towers Share increased rapidly.
- The last 1 month’s share growth was -65.75 (-16.99 %).
- The last 6 months’ share growth was -7.15 (-2.18%).
- The last 1 year’s share growth was +133.80 (71.42%).
- The last 5 year’s share growth was +90.00 (38.94%).
- The maximum share growth was +90.00 (38.94%).

- Indus Towers Share Price return percentage was -15.98 % in the last 1 month.
- The last 3 months’ share price return percentage was -21.85%.
- The last 1 year’s share price return percentage was 69.79%.
- The last 3 year’s share price return percentage was 8.59%.
- The last 5 year’s share price return percentage was 46.52%.
If anyone wants to invest in the share it will be profitable on a long-term basis.
What Is The Expert Analysis About The Investment In Indus Towers Limited Right Now?
Positive Sides
- The company has a good profit growth which was 22.01%.
- The last 3 year’s revenue growth was good which was 27.45%.
- The last 3 year’s ROE percentage was very good which was 22.96%.
- The last 3 year’s ROCE percentage was very good which was 23.52%.
- The company’s PEG ratio is 0.07.
- The company has an efficient cash conversation cycle of 72.63 days.
- The company has good cash flow management, PAT stands at 1.97.
- The company has a strong degree of Operating leverage, Average Operating leverage stands at 46.95.
- The FII investor percentage of the company is very good which is 25.10%.
- The last 3 year’s sales growth was 28.10% in the last 3 years.
Disadvantages
The company has contingent liabilities of 12,254.63 Crore.
What Are The Risk Factors Of Indus Towers Share?
- The telecom industry is highly competitive with numerous competitive companies so it will be difficult to maintain the company’s overall performance.
- The company has a small amount of debt which may impact the company’s overall performance.
- Recently Indus Towers Limited also shared their market equity with many other companies which may be harmful if any client delays their payment.
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FAQ
Who is the owner of Indus Towers Limited?
Bharti Airtel holds a 36.98% stake in Indus Towers with Vodaphone Group plc holding 28.25% and 3.5% shares held by Providence Equity.
Who is the CEO of Indus Towers Limited?
Mr. Prachur Sah is the CEO of Indus Towers Limited.
What is the Indus Towers Share Price Target for 2025?
The Indus Towers Share Price Target for 2025 is ₹360.29 to ₹493.06.
What is the Indus Towers Share Price Target for 2027?
The Indus Towers Share Price Target for 2027 is ₹605.31 to ₹752.19.
What is the Indus Towers Share Price Target for 2028?
The Indus Towers Share Price Target for 2028 is ₹749.66 to ₹875.37.
What is the Indus Towers Share Price Target for 2030?
The Indus Towers Share Price Target for 2030 is ₹1,111.03 to ₹1,269.37.
What is the Indus Towers Share Price Target for 2040?
The Indus Towers Share Price Target for 2040 is ₹2,569.37 to ₹2,709.51.
Conclusion
This website is written to help the investor gain some basic knowledge about the market strategy of Indus Towers. For making this blog we take consultation from expertise and doing research about the company. It is expected that the Indus Towers Share Price Target will be a good choice to invest in on a long-term basis. The demand for telecommunications sectors in India and outside of the country always increases as a result of the company and the share may increase rapidly.
We try to give an in-depth idea about the share. If you think it is helpful you can share it. If you have any questions, please let us know through the comment box we will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.
Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.



