Indus Towers (NSE:INDUSTOWER) Quick Ratio: 1.72 (As of Mar. 2026) — 31% Above Median


NSE:INDUSTOWER Indus Towers Ltd NSE:INDUSTOWER
93 GF Score
Price ₹383.75
GF Value ₹395.84
Valuation Fairly Valued
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What is Indus Towers Quick Ratio?

Indus Towers NSE:INDUSTOWER -1.31% 93 Quick Ratio is 1.72 as of Mar. 2026, which is 31% above its 10-year median of 1.31. GuruFocus rates NSE:INDUSTOWER with a GF Score™ of 93/100 and a GF Value™ of ₹395.84 (Fairly Valued). Among 367 Telecommunication Services companies, Indus Towers ranks better than 79.56% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Indus Towers's quick ratio for the quarter that ended in Mar. 2026 was 1.72.

Indus Towers has a quick ratio of 1.72. It generally indicates good short-term financial strength.

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

NSE:INDUSTOWER' s Quick Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.31   Max: 4.19
Current: 1.72

During the past 13 years, Indus Towers's highest Quick Ratio was 4.19. The lowest was 0.69. And the median was 1.31.

NSE:INDUSTOWER's Quick Ratio is ranked better than
79.56% of 367 companies
in the Telecommunication Services industry
Industry Median: 1.05 vs NSE:INDUSTOWER: 1.72

Indus Towers  (NSE:INDUSTOWER) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Indus Towers Quick Ratio Related Terms


Indus Towers Quick Ratio Historical Data

* Premium members only.

The historical data trend for Indus Towers's Quick 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 Quick Ratio Chart

Indus Towers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.07 1.03 1.32 1.72

Indus Towers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick 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 1.32 0.00 1.45 0.00 1.72

NSE:INDUSTOWER vs TMUS, VZ, T: Quick Ratio Comparison

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

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

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


NSE:INDUSTOWER
93GF Score
Indus Towers Ltd NSE:INDUSTOWER
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indus Towers Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(155184-268)/90030
=1.72

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(155184-268)/90030
=1.72

* 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 Quick Ratio →
What does a Quick Ratio of 1.72 mean?
Indus Towers (NSE:INDUSTOWER) has a Quick Ratio of 1.72 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indus Towers and its competitors. This is 31% above median its historical median of 1.31. Over the past decade, Indus Towers' Quick Ratio has ranged from 0.69 to 4.19. According to the industry distribution chart, Indus Towers ranks #75 out of 367 companies in the Telecommunication Services industry, placing it in the top 20.4%.
Is Indus Towers' Quick Ratio too high?
Indus Towers' current Quick Ratio of 1.72 is 31% above median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 4.19. The Telecommunication Services industry median Quick Ratio is 1.05. Indus Towers' value of 1.72 is 63.8% above this industry median. Based on the distribution chart, Indus Towers ranks #75 out of 367 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' Quick Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Indus Towers ranks #75 out of 367 companies for Quick Ratio. This places Indus Towers in the top 20% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.05. Indus Towers' value of 1.72 is 63.8% above this benchmark. Historically, Indus Towers' own Quick Ratio has ranged from 0.69 to 4.19 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 1.05, 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 Quick Ratio for a Telecommunication Services company?
The median Quick Ratio among Telecommunication Services companies is 1.05, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indus Towers's current Quick Ratio of 1.72 is 63.8% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Indus Towers and its competitors. For the Telecommunication Services industry, the median Quick Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Towers's current Quick Ratio is 1.72, which is 31% above median its own 10-year median of 1.31. 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 Quick Ratio is 1.72, which is 31% above median its 10-year median of 1.31 and 63.8% above the Telecommunication Services industry median of 1.05. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Indus Towers (NSE:INDUSTOWER), the current Quick Ratio is 1.72 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:

  • Quick Ratio: 1.72 (31% above median its 10-year median of 1.31)
  • GF Value™: ₹395.84 vs. price of ₹383.75 (3.1% below fair value)
  • GF Score™: 93/100
  • Industry Position: 63.8% above the Telecommunication Services median (#75 of 367)

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.
93GF Score

Get the complete analysis for NSE:INDUSTOWER

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

₹383.75
Price
₹395.84
GF Value