Indus TowersNSE:INDUSTOWER -0.12%93 Pretax Margin % is 29.20% as of Mar. 2026, which is 25% below its 10-year median of 38.88. GuruFocus rates NSE:INDUSTOWER with a GF Score™ of 93/100 and a GF Value™ of ₹395.61 (Fairly Valued). Among 364 Telecommunication Services companies, Indus Towers ranks better than 90.38% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Indus Towers's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹23,653 Mil. Indus Towers's Revenue for the
three
months ended in Mar. 2026 was ₹81,010 Mil. Therefore, Indus Towers's pretax margin for the quarter that ended in Mar. 2026 was 29.20%.
The historical rank and industry rank for Indus Towers's Pretax Margin % or its related term are showing as below:
NSE:INDUSTOWER'
s Pretax Margin % Range Over the Past 10 Years
Min: 9.72 Med: 38.88 Max: 58.83
Current: 29.54
NSE:INDUSTOWER's Pretax Margin % is ranked better than 90.38% of 364
companies
in the Telecommunication Services industry
Industry Median: 7.64
vs NSE:INDUSTOWER: 29.54
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Indus Towers Pretax Margin % Related Terms
Indus Towers Pretax Margin % Historical Data
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The historical data trend for Indus Towers's Pretax 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: Pretax Margin % Comparison
For the Telecom Services subindustry, Indus Towers's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Indus Towers's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Indus Towers's Pretax 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.
Indus Towers (NSE:INDUSTOWER) has a Pretax Margin % of 29.20% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Indus Towers and its competitors. This is 25% below median its historical median of 38.88. Over the past decade, Indus Towers' Pretax Margin % has ranged from 9.72 to 58.83. According to the industry distribution chart, Indus Towers ranks #35 out of 364 companies in the Telecommunication Services industry, placing it in the top 9.6%.
Is Indus Towers' Pretax Margin % too high?
Indus Towers' current Pretax Margin % of 29.20% is 25% below median its 10-year median of 38.88. Over the past 10 years, this metric has ranged from a low of 9.72 to a high of 58.83. The Telecommunication Services industry median Pretax Margin % is 7.64. Indus Towers' value of 29.20% is 282.2% above this industry median. Based on the distribution chart, Indus Towers ranks #35 out of 364 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' Pretax Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Indus Towers ranks #35 out of 364 companies for Pretax Margin %. This places Indus Towers in the top 10% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 7.64. Indus Towers' value of 29.20% is 282.2% above this benchmark. Historically, Indus Towers' own Pretax Margin % has ranged from 9.72 to 58.83 over the past decade. While the company's 10-year median is 38.88 vs. the industry median of 7.64, 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 Pretax Margin % for a Telecommunication Services company?
The median Pretax Margin % among Telecommunication Services companies is 7.64, based on 364 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indus Towers's current Pretax Margin % of 29.20% is 282.2% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Indus Towers and its competitors. For the Telecommunication Services industry, the median Pretax Margin % is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Towers's current Pretax Margin % is 29.20%, which is 25% below median its own 10-year median of 38.88. 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 ₹395.61, compared to a current price of ₹383.30 — trading 3.1% below its estimated fair value. The current Pretax Margin % is 29.20%, which is 25% below median its 10-year median of 38.88 and 282.2% above the Telecommunication Services industry median of 7.64. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Indus Towers (NSE:INDUSTOWER), the current Pretax Margin % is 29.20% 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 ₹383.30 is trading 3.1% below its estimated GF Value™ of ₹395.61.
GuruFocus considers Indus Towers to be Fairly Valued.
Key valuation signals for NSE:INDUSTOWER:
Pretax Margin %: 29.20% (25% below median its 10-year median of 38.88)
GF Value™: ₹395.61 vs. price of ₹383.30 (3.1% below fair value)
Industry Position: 282.2% above the Telecommunication Services median (#35 of 364)
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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