Indus Towers (NSE:INDUSTOWER) Dividend Payout Ratio: 0.00 (As of Mar. 2026)


NSE:INDUSTOWER Indus Towers Ltd NSE:INDUSTOWER
94 GF Score
Price ₹382.80
GF Value ₹396.10
Valuation Fairly Valued
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What is Indus Towers Dividend Payout Ratio?

Indus Towers NSE:INDUSTOWER -0.97% 94 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates NSE:INDUSTOWER with a GF Score™ of 94/100 and a GF Value™ of ₹396.10 (Fairly Valued). Among 191 Telecommunication Services companies, Indus Towers ranks worse than 523559.69% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Indus Towers's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Indus Towers's Dividend Payout Ratio or its related term are showing as below:


During the past 13 years, the highest Dividend Payout Ratio of Indus Towers was 1.72. The lowest was 0.29. And the median was 1.28.

NSE:INDUSTOWER's Dividend Payout Ratio is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.53
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2026-07-08), the Dividend Yield % of Indus Towers is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Indus Towers was 11.74%. The lowest was 0.00%. And the median was 5.48%.

Indus Towers's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Indus Towers was 82.30% per year. The lowest was -7.50% per year. And the median was 23.25% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Indus Towers (NSE:INDUSTOWER) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Indus Towers Dividend Payout Ratio Related Terms


Indus Towers Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Indus Towers's Dividend Payout Ratio 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.

Indus Towers Dividend Payout Ratio Chart

Indus Towers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.34 0.00 0.00 0.00

Indus Towers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

NSE:INDUSTOWER vs TMUS, VZ, T: Dividend Payout Ratio Comparison

For the Telecom Services subindustry, Indus Towers's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Indus Towers's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Indus Towers's Dividend Payout Ratio falls into.


NSE:INDUSTOWER
94GF Score
Indus Towers Ltd NSE:INDUSTOWER
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Indus Towers Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Indus Towers's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0/ 27.09
=0.00

Indus Towers's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 6.8
=0.00

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Indus Towers (NSE:INDUSTOWER) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Indus Towers and its competitors. Over the past decade, Indus Towers' Dividend Payout Ratio has ranged from 0.29 to 1.72. According to the industry distribution chart, Indus Towers ranks #999999 out of 191 companies in the Telecommunication Services industry.
Is Indus Towers' Dividend Payout Ratio too high?
Indus Towers' current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.72. Based on the distribution chart, Indus Towers ranks #999999 out of 191 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Indus Towers has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indus Towers' Dividend Payout Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Indus Towers ranks #999999 out of 191 companies for Dividend Payout Ratio. This places Indus Towers in the lower half of its industry. The industry median Dividend Payout Ratio is 0.53. Historically, Indus Towers' own Dividend Payout Ratio has ranged from 0.29 to 1.72 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Telecommunication Services company?
The median Dividend Payout Ratio among Telecommunication Services companies is 0.53, based on 191 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Indus Towers and its competitors. For the Telecommunication Services industry, the median Dividend Payout Ratio is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Towers's current Dividend Payout Ratio is 0.00. 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 ₹396.10, compared to a current price of ₹382.80 — trading 3.4% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Indus Towers' overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Indus Towers (NSE:INDUSTOWER), the current Dividend Payout Ratio is 0.00 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 ₹382.80 is trading 3.4% below its estimated GF Value™ of ₹396.10. GuruFocus considers Indus Towers to be Fairly Valued.

Key valuation signals for NSE:INDUSTOWER:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ₹396.10 vs. price of ₹382.80 (3.4% below fair value)
  • GF Score™: 94/100

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 Business Description

Other Exchanges 534816:India
Address DLF Cyber City, Building No. 10, 4th Floor, Tower A, Gurugram, HR, IND, 122002
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.
94GF Score

Get the complete analysis for NSE:INDUSTOWER

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹382.80
Price
₹396.10
GF Value