Indus TowersNSE:INDUSTOWER +0.28%93 ROA % is 10.06% as of Mar. 2026, which is 21% below its 10-year median of 12.74. GuruFocus rates NSE:INDUSTOWER with a GF Score™ of 93/100 and a GF Value™ of ₹395.83 (Fairly Valued). Among 369 Telecommunication Services companies, Indus Towers ranks better than 89.43% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Indus Towers's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹71,716 Mil.
Indus Towers's average Total Assets over the quarter that ended in Mar. 2026 was ₹713,161 Mil. Therefore, Indus Towers's annualized ROA % for the quarter that ended in Mar. 2026 was 10.06%.
The historical rank and industry rank for Indus Towers's ROA % or its related term are showing as below:
NSE:INDUSTOWER'
s ROA % Range Over the Past 10 Years
Min: 4.32 Med: 12.74 Max: 17.89
Current: 10.63
During the past 13 years, Indus Towers's highest ROA % was 17.89%. The lowest was 4.32%. And the median was 12.74%.
NSE:INDUSTOWER's ROA % is ranked better than 89.43% of 369
companies
in the Telecommunication Services industry
Industry Median: 2.73
vs NSE:INDUSTOWER: 10.63
Indus Towers (NSE:INDUSTOWER) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Indus Towers ROA % Related Terms
Indus Towers ROA % Historical Data
* Premium members only.
The historical data trend for Indus Towers's ROA % 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.
For the Telecom Services subindustry, Indus Towers's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Indus Towers's ROA % distribution charts can be found below:
* The bar in red indicates where Indus Towers's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Indus Towers (NSE:INDUSTOWER) has a ROA % of 10.06% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Indus Towers and its competitors. This is 21% below median its historical median of 12.74. Over the past decade, Indus Towers' ROA % has ranged from 4.32 to 17.89. According to the industry distribution chart, Indus Towers ranks #39 out of 369 companies in the Telecommunication Services industry, placing it in the top 10.6%.
Is Indus Towers' ROA % too high?
Indus Towers' current ROA % of 10.06% is 21% below median its 10-year median of 12.74. Over the past 10 years, this metric has ranged from a low of 4.32 to a high of 17.89. The Telecommunication Services industry median ROA % is 2.73. Indus Towers' value of 10.06% is 268.5% above this industry median. Based on the distribution chart, Indus Towers ranks #39 out of 369 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' ROA % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Indus Towers ranks #39 out of 369 companies for ROA %. This places Indus Towers in the top 11% of its industry — outperforming the majority of peers. The industry median ROA % is 2.73. Indus Towers' value of 10.06% is 268.5% above this benchmark. Historically, Indus Towers' own ROA % has ranged from 4.32 to 17.89 over the past decade. While the company's 10-year median is 12.74 vs. the industry median of 2.73, 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 ROA % for a Telecommunication Services company?
The median ROA % among Telecommunication Services companies is 2.73, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indus Towers's current ROA % of 10.06% is 268.5% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Indus Towers and its competitors. For the Telecommunication Services industry, the median ROA % is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Towers's current ROA % is 10.06%, which is 21% below median its own 10-year median of 12.74. 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 ₹395.83, compared to a current price of ₹394.65 — trading 0.3% below its estimated fair value. The current ROA % is 10.06%, which is 21% below median its 10-year median of 12.74 and 268.5% above the Telecommunication Services industry median of 2.73. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Indus Towers (NSE:INDUSTOWER), the current ROA % is 10.06% 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 ₹394.65 is trading 0.3% below its estimated GF Value™ of ₹395.83.
GuruFocus considers Indus Towers to be Fairly Valued.
Key valuation signals for NSE:INDUSTOWER:
ROA %: 10.06% (21% below median its 10-year median of 12.74)
GF Value™: ₹395.83 vs. price of ₹394.65 (0.3% below fair value)
Industry Position: 268.5% above the Telecommunication Services median (#39 of 369)
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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