Indus Towers Ltd., incorporated in the year 2006, is a Large Cap company (having a market cap of Rs 59854.55 Crore) operating in Telecommunications sector.
Financials
<\/b>For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 6853.90 Crore, up 4.34 % from last quarter Total Income of Rs 6569.10 Crore and up 314.91 % from last year same quarter Total Income of Rs 1651.90 Crore. Company reported net profit after tax of Rs 1415.30 Crore in latest quarter.
Investment Rationale
<\/b>The long-term network upgrade opportunity in the Telecom sector towards 5G, fiberization, small cells, and indoor coverage would continue to drive growth in the Telecom Passive Infrastructure industry<\/a>. Recovery in tenancy adds and a reduction in exits have also brought about stability in earnings. However, FY23E onwards, the exit penalty receipts from VIL would reduce. Furthermore, its situation remains precarious, weighed by ballooning debt and its inability to raise funds and improve its liquidity. This remains the biggest overhang for Indus Towers as VIL remains a large client and the Tower-sharing business has a limited business case for single-tenancy operations. On the other hand, the threat from RJio’s increased focus in the Tower Infrastructure space may weaken Indus’ positioning. The brokerage factors in a revenue\/EBITDA CAGR of 5.1%\/6.8% over FY21–23E and arrive at TP of INR250 – implying EV\/tenancy of 2m and EV\/EBITDA of 5.7x. The stock garners healthy dividend yield of 10.4%, which could cushion against a further downside.
Promoter\/FII Holdings
<\/b>Promoters held 69.9 per cent stake in the company as of June 30, 2021, while FIIs held 26.8 per cent, DIIs 2.7 per cent and public and other 0.7 per cent.
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中性在印度河塔,目标价Rs 250: Motilal Oswal
印度塔有限公司,成立于2006年,是一个大型股公司(59854.55卢比)的市值在电信运营部门。
Motilal Oswal有中立的呼吁印度塔的目标价格250卢比。当前的市场价格印度塔有限公司Rs 222.45。分析师给出的时间是一年当印度塔有限公司价格可以达到定义的目标。
印度塔有限公司,成立于2006年,是一个大型股公司(59854.55卢比)的市值在电信运营部门。
金融类股
结束的财政季度的30-06-2021,该公司公布合并总收入6853.90卢比,较上季度增长4.34%的总收入6569.10卢比,从去年同一季度总收入的314.91% 1651.90卢比。公司税后净利润在最新季度的1415.30卢比。
投资的基本原理
长期的网络升级机会向5 g电信部门,纤维化、小细胞,室内覆盖的增长将继续推动电信被动基础设施行业。租赁复苏添加和减少出口也带来稳定收益。然而,FY23E开始,从维尔将减少出口罚款收据。此外,情况仍不稳定,重不断膨胀的债务及其无法筹集资金,改善其流动性。这是印度最大的过剩塔维尔仍是一个大客户和Tower-sharing single-tenancy操作的业务有一个有限的业务案例。另一方面,RJio的威胁在塔基础设施空间关注的增加可能削弱印度的定位。收入/ EBITDA的经纪因素5.1% / 6.8%的复合年增长率FY21-23E和到达TP INR250——暗示EV /租赁2 m和EV / EBITDA的5.7 x。股票所受的健康的股息收益率为10.4%,可以缓冲进一步下行。
启动子/造成控股
发起人持有69.9%的股份。该公司截至6月30日,2021年,虽然造成了26.8%,dii 2.7%,公共和其他0.7%。
印度塔有限公司,成立于2006年,是一个大型股公司(59854.55卢比)的市值在电信运营部门。
金融类股
结束的财政季度的30-06-2021,该公司公布合并总收入6853.90卢比,较上季度增长4.34%的总收入6569.10卢比,从去年同一季度总收入的314.91% 1651.90卢比。公司税后净利润在最新季度的1415.30卢比。
投资的基本原理
长期的网络升级机会向5 g电信部门,纤维化、小细胞,室内覆盖的增长将继续推动电信被动基础设施行业。租赁复苏添加和减少出口也带来稳定收益。然而,FY23E开始,从维尔将减少出口罚款收据。此外,情况仍不稳定,重不断膨胀的债务及其无法筹集资金,改善其流动性。这是印度最大的过剩塔维尔仍是一个大客户和Tower-sharing single-tenancy操作的业务有一个有限的业务案例。另一方面,RJio的威胁在塔基础设施空间关注的增加可能削弱印度的定位。收入/ EBITDA的经纪因素5.1% / 6.8%的复合年增长率FY21-23E和到达TP INR250——暗示EV /租赁2 m和EV / EBITDA的5.7 x。股票所受的健康的股息收益率为10.4%,可以缓冲进一步下行。
启动子/造成控股
发起人持有69.9%的股份。该公司截至6月30日,2021年,虽然造成了26.8%,dii 2.7%,公共和其他0.7%。
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