INDUSTOWER

Indus Towers vs Peers

₹384.05-1.30%
Market cap
₹1.01 lakh crore
P/E
14.2
P/B
2.45
ROE
19.8%
Dividend yield
3.65%

Indus Towers ranks 3rd by market capitalisation among 16 Telecommunication companies tracked by ATS. Its largest peers are Bharti Airtel, Vodafone Idea and Bharti Hexacom. Its P/E of 14.2 compares with a peer median of 45.0.

Indus Towers vs Telecommunication peers

Sorted by market capitalisation.

Indus Towers and peers compared on size, valuation and returns
CompanyClose (₹)1DMarket cap (₹ cr)P/EP/BROE1Y return
Bharti Airtel1,832.40+1.21%11,43,19939.57.0620.3%+12.5%
Vodafone Idea13.19-0.15%1,42,9043.8-4.00-65.1%+12.5%
Indus Towers384.05-1.30%1,01,28214.22.4519.8%+22.0%
Bharti Hexacom1,475.00+6.36%73,75040.49.6426.5%+12.5%
Sterlite Technologies1,009.00-0.76%49,253202.721.722.6%+12.5%
Tata Communications1,642.50-2.34%46,81149.513.5831.0%+12.5%
HFCL268.78+2.28%41,13071.88.417.0%+12.5%
ITI246.80-0.42%23,76390.312.4716.6%+12.5%
Tejas Networks469.65-1.30%8,33722.52.84-26.8%+12.5%
Railtel Corporation Of India254.35-1.28%8,16323.63.6116.3%+12.5%
Tata Teleservices (Maharashtra)33.98-0.59%6,643177.0-0.331.1%+12.5%

Source: NSE end-of-day prices; ratios from company filings. Data as of 7 October 2026. How this data is compiled.

Indus Towers peer comparison — frequently asked questions

Who are Indus Towers' competitors?

Indus Towers' listed peers in Telecommunication include Bharti Airtel, Vodafone Idea, Bharti Hexacom, Sterlite Technologies, Tata Communications and HFCL, ranked here by market capitalisation.

How does Indus Towers' P/E compare with its peers?

Indus Towers trades at a P/E of 14.2, against a median of 45.0 across the 10 Telecommunication peers shown.

Which is the largest company among Indus Towers' peers?

By market capitalisation, the largest company in the group is Bharti Airtel at ₹11.43 lakh crore, against ₹1.01 lakh crore for Indus Towers.

Same Data For Peers

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Figures are for information only and are not investment advice or a recommendation to buy, sell or hold any security. Investments in securities are subject to market risks; read all related documents carefully before investing.