INDUSTOWER

Indus Towers is India’s leading telecom tower infrastructure company, benefiting from 5G rollout, network densification and rising data consumption. Its asset-heavy but highly cash-generative model provides strong recurring rental revenues from major telecom operators. In Q1 FY27, revenue rose 4.6% YoY to ₹8,431 crore, EBITDA increased 3% to ₹4,521 crore, and PAT was ₹1,746 crore. Tower count reached 267,611, up 6.3% YoY, while operating free cash flow jumped 23.4% to ₹1,781 crore. Latest News: Strong tower additions and network expansion remain key growth drivers. The company continues to benefit from telecom capex and 5G deployment. Corporate Action: Indus Towers has announced the appointment of Abhishek Maheshwari as CFO and KMP from August 19, 2026. Strong cash flows and telecom-sector growth support the long-term story, while customer concentration, tariff trends and capex cycles remain key risks.