TraderRahulPal

This stock Can give you more than 400% Returns in next 2-3 Years

Long
NSE:INDUSTOWER   INDUS TOWERS LTD
Hello everyone, i hope you all will be doing good in your Trading and in your life as well. I have brought an Investment Stock, where you can park some money to grow in long term. In actually in stock market most of people they have made huge money by investing in Good stocks only. So this is kind of long term investing stock. This stock has good management. Indus Towers Limited is engaged in the business of object of, inter-alia, setting up, operating and maintaining wireless communication towers. The Company has a tower market share of 33% and tenancy market share of 42% which makes it leader in the telecom tower industry in India.
The Long term growth story just has started because this qtr we have seen good result from Indus Tower, and this can be continue in future. So invest and forget and make money by just doing small investment.

Market Cap
₹ 61,970 Cr.
Current Price
₹ 230
High / Low
₹ 236 / 135
Stock P/E
11.1
Book Value
₹ 87.9
Dividend Yield
0.00 %
ROCE
11.3 %
ROE
9.71 %
Face Value
₹ 10.0
Industry PE
39.1
Debt
₹ 20,704 Cr.
EPS
₹ 20.7
Promoter holding
69.0 %
Intrinsic Value
₹ 190
Pledged percentage
30.5 %(Negative)
EVEBITDA
5.78
Change in Prom Hold
0.00 %
Profit Var 5Yrs
-3.97 %
Sales growth 5Years
33.8 %
Return over 5years
-3.84 %
Debt to equity
0.87
Net profit
₹ 5,582 Cr.(Excellent)
ROE 5Yr
20.2 %
Profit growth
104 %(Good)

KEY POINTS
Leadership Position
The Co. has a tower market share of 33% and tenancy market share of 42% which makes it leader in the telecom tower industry in India.

Pan-India Presence
As on March 31, 2022 the company’s net tower portfolio stood at 185,447 and net co-locations grew to 335,791. The closing sharing factor stood at 1.81 times per tower. It is the first tower company to have a presence across all the 22 telecommunication circles.

High Customer Concentration
The company's customers are Bharti Airtel, Vodafone Idea, Reliance Jio and BSNL.
The consolidation in the telecom industry has resulted in the exit of some players. The tenancy ratio for the company remains steady at 1.8 times

Pre-Merger Details
The company (Bharti Infratel) held 42% stake in Indus Towers Ltd before it merged with it.
It had an economic interest in ~97,000 towers before the merger.

Merger with Indus Towers
Bharti Infratel merged with Indus Towers on 19th November 2020.
As per the scheme, the company issued ~76 crore equity shares to the various entities of Vodafone Group and ~8.7 crore equity shares to P5 Asia Holding Investments Ltd aggregating to 28% and 3% respectively in the post-issue share capital of the company.
The equity capital of the company increased from ₹1850 crores to 2695 crores post the merger
Vodafone Idea Ltd received cash consideration of ~3,760 crores for its 11.15% stake in Indus Towers as it was elected/ decided by the same.
The name of the company was changed to Indus Towers Limited as per the scheme of amalgamation.

Change in Shareholding Pattern
Vodafone Plc sold 7.1% of its stake in Indus Towers for a total consideration of ~Rs. 3,831 Crores. Out of this, 4.7% was acquired by Bharti Airtel for a consideration of Rs. 2,388 Crores while the remaining 2.4% was sold to other investors. As a result of these transactions, Vodafone Plc’s holding has decreased from ~28% to 21%, and Bharti Airtel’s holding has increased from ~42% to ~46%.

Focus
The Co. will focus on diversifying into new areas like FTTH (Fiber To The Home), Active Maintenance, and Fiber Maintenance.

Disclaimer:-
Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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Best Regards,
Rahul Pal
(Full Time Trader & Investor)

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