Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Indus Towers's share price for the quarter that ended in Mar. 2026 was ₹418.15. Indus Towers's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 2,637 Mil. Therefore, Indus Towers's market cap for the quarter that ended in Mar. 2026 was ₹1,102,741 Mil.
Indus Towers's quarterly market cap
increased
from Sep. 2025 (₹904,274 Mil) to Dec. 2025 (₹1,104,308 Mil) but then
declined
from Dec. 2025 (₹1,104,308 Mil) to Mar. 2026 (₹1,102,741 Mil).
Indus Towers's annual market cap
increased
from Mar. 2024 (₹784,349 Mil) to Mar. 2025 (₹881,630 Mil) and
increased
from Mar. 2025 (₹881,630 Mil) to Mar. 2026 (₹1,102,741 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Indus Towers's Enterprise Value for Today is ₹1,123,906 Mil.
Indus Towers (NSE:INDUSTOWER) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Indus Towers Market Cap Related Terms
Indus Towers Market Cap Historical Data
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The historical data trend for Indus Towers's Market Cap 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: Market Cap Comparison
For the Telecom Services subindustry, Indus Towers's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Indus Towers's Market Cap distribution charts can be found below:
* The bar in red indicates where Indus Towers's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Indus Towers's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Indus Towers (NSE:INDUSTOWER) has a Market Cap of ₹1,012,022 Mil as of Jul. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Indus Towers and its competitors. According to the industry distribution chart, Indus Towers ranks #56 out of 375 companies in the Telecommunication Services industry, placing it in the top 14.9%.
Is Indus Towers' Market Cap too high?
Indus Towers' current Market Cap is ₹1,012,022 Mil. Based on the distribution chart, Indus Towers ranks #56 out of 375 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. 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' Market Cap compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Indus Towers ranks #56 out of 375 companies for Market Cap. This places Indus Towers in the top 15% of its industry — outperforming the majority of peers. The industry median Market Cap is 482.80. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Telecommunication Services company?
The median Market Cap among Telecommunication Services companies is 482.80, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Indus Towers and its competitors. For the Telecommunication Services industry, the median Market Cap is 482.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Towers's current Market Cap is ₹1,012,022 Mil. 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 Market Cap is ₹1,012,022 Mil. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Indus Towers (NSE:INDUSTOWER), the current Market Cap is ₹1,012,022 Mil as of Jul. 03, 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:
Market Cap: ₹1,012,022 Mil
GF Value™: ₹395.84 vs. price of ₹383.75 (3.1% below fair value)
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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