382.5000 -1.60 (-0.42%)
NSE May 06, 2025 13:52 PM
Volume: 4.6M
 

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Indus Towers Ltd.
24 Apr 2020
382.50
-0.42%
Motilal Oswal
Proforma consol. EBITDA plunged 12.1% QoQ to INR13b (14% miss) on 16.3% QoQ decline in Rental EBITDA to INR12.2b (17.5% miss). On the other hand, Energy EBITDA grew three-fold to INR815m (v/s our est. of INR307m). The drop in EBITDA could be attributed to 2.5x increase in other expenses. EBITDA margin shrank 450bp QoQ to 36.5% (510bp miss) on decline in Rental EBITDA. While Rental EBITDA margin contracted 980bp to 55%, Energy EBITDA margin expanded 430bp to 5.9%. PBT/PAT declined 21% QoQ to INR7.9b/INR5.9b (14% miss)....
Motilal Oswal increased Neutral price target of Indus Towers Ltd. to 395.0 on 01 May, 2025.
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