Indus TowersNSE:INDUSTOWER -1.31%93 Gross Margin % is 64.29% as of Mar. 2026, which is 3% above its 10-year median of 62.34. GuruFocus rates NSE:INDUSTOWER with a GF Score™ of 93/100 and a GF Value™ of ₹395.84 (Fairly Valued). Among 342 Telecommunication Services companies, Indus Towers ranks better than 70.18% on this metric.
The historical rank and industry rank for Indus Towers's Gross Margin % or its related term are showing as below:
NSE:INDUSTOWER'
s Gross Margin % Range Over the Past 10 Years
Min: 57.44 Med: 62.34 Max: 64.89
Current: 63.05
During the past 13 years, the highestGross Margin % of Indus Towers was 64.89%. The lowest was 57.44%. And the median was 62.34%.
NSE:INDUSTOWER's Gross Margin % is ranked better than 70.18% of 342
companies
in the Telecommunication Services industry
Industry Median: 51.51
vs NSE:INDUSTOWER: 63.05
Indus Towers had a gross margin of 64.29% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Indus Towers was -0.20% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Indus Towers had a gross margin of 64.29% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Indus Towers Gross Margin % Related Terms
Indus Towers Gross Margin % Historical Data
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The historical data trend for Indus Towers's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:INDUSTOWER vs TMUS, VZ, T: Gross Margin % Comparison
For the Telecom Services subindustry, Indus Towers's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Indus Towers Gross Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Indus Towers's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Indus Towers's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Indus Towers (NSE:INDUSTOWER) has a Gross Margin % of 64.29% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Indus Towers and its competitors. This is near median its historical median of 62.34. Over the past decade, Indus Towers' Gross Margin % has ranged from 57.44 to 64.89. According to the industry distribution chart, Indus Towers ranks #102 out of 342 companies in the Telecommunication Services industry, placing it in the top 29.8%.
Is Indus Towers' Gross Margin % too high?
Indus Towers' current Gross Margin % of 64.29% is near median its 10-year median of 62.34. Over the past 10 years, this metric has ranged from a low of 57.44 to a high of 64.89. The Telecommunication Services industry median Gross Margin % is 51.51. Indus Towers' value of 64.29% is 24.8% above this industry median. Based on the distribution chart, Indus Towers ranks #102 out of 342 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Indus Towers has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indus Towers' Gross Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Indus Towers ranks #102 out of 342 companies for Gross Margin %. This puts Indus Towers in the upper half of its industry. The industry median Gross Margin % is 51.51. Indus Towers' value of 64.29% is 24.8% above this benchmark. Historically, Indus Towers' own Gross Margin % has ranged from 57.44 to 64.89 over the past decade. While the company's 10-year median is 62.34 vs. the industry median of 51.51, Indus Towers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.51, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indus Towers's current Gross Margin % of 64.29% is 24.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Indus Towers and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Towers's current Gross Margin % is 64.29%, which is near median its own 10-year median of 62.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Towers stock overvalued right now?
Based on GuruFocus' analysis, Indus Towers (NSE:INDUSTOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹395.84, compared to a current price of ₹383.75 — trading 3.1% below its estimated fair value. The current Gross Margin % is 64.29%, which is near median its 10-year median of 62.34 and 24.8% above the Telecommunication Services industry median of 51.51. Indus Towers' overall GF Score™ is 93/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Indus Towers (NSE:INDUSTOWER), the current Gross Margin % is 64.29% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Indus Towers (NSE:INDUSTOWER) Overvalued in 2026?
Based on GuruFocus' analysis, Indus Towers stock appears to be undervalued.
The current stock price of ₹383.75 is trading 3.1% below its estimated GF Value™ of ₹395.84.
GuruFocus considers Indus Towers to be Fairly Valued.
Key valuation signals for NSE:INDUSTOWER:
Gross Margin %: 64.29% (near median its 10-year median of 62.34)
GF Value™: ₹395.84 vs. price of ₹383.75 (3.1% below fair value)
Industry Position: 24.8% above the Telecommunication Services median (#102 of 342)
No single metric tells the full story. See the NSE:INDUSTOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.
93GF Score
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