Indus Towers Limited vs Kalpataru Projects International Limited
An objective side-by-side of INDUSTOWER and KPIL, both in Transmisson Line Towers / Equipment: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-06 close
Latest results: INDUSTOWER Sep 2026 · KPIL Sep 2026
At a glance
- Indus Towers Limited is the larger company by market value, about 4.3 times the size of Kalpataru Projects International Limited.
- On trailing earnings, Indus Towers Limited trades at the lower P/E (14.2 against 19.8).
- Indus Towers Limited earns the higher return on equity (18.0% against 13.9%).
- Over three years Indus Towers Limited has grown profits faster (50% a year against 37%).
- Over the past year the share prices returned +5.4% (INDUSTOWER) and +9.1% (KPIL).
| Metric | Indus Towers INDUSTOWER |
Kalpataru Projects KPIL |
|---|---|---|
| Size and price | ||
| Market cap | ₹101,061 Cr | ₹23,410 Cr |
| Share price | ₹383.10 | ₹1,370.80 |
| Valuation | ||
| P/E | 14.22 | 19.82 |
| P/B | 2.56 | 2.76 |
| EV/EBITDA | 6.82 | 11.49 |
| PEG | 0.28 | 0.54 |
| Dividend yield | 0.0% | 0.7% |
| Profitability | ||
| ROE | 18.0% | 13.9% |
| ROCE | 19.0% | 17.0% |
| Operating margin | 54.4% | 8.2% |
| Sales (TTM) | ₹33,194 Cr | ₹27,856 Cr |
| Net profit (TTM) | ₹7,106 Cr | ₹1,181 Cr |
| Growth | ||
| Latest quarter sales YoY | +4.0% | +7.3% |
| Latest quarter profit YoY | -2.5% | +23.2% |
| Sales CAGR 3Y | +5.0% | +18.0% |
| Profit CAGR 3Y | +50.0% | +37.0% |
| Sales CAGR 5Y | +18.0% | +16.0% |
| Profit CAGR 5Y | +15.0% | +14.0% |
| Financial strength | ||
| Debt/Equity | 0.56 | 0.35 |
| Interest cover | 6.24 | 3.48 |
| Ownership | ||
| Promoter holding | 51.3% | 33.6% |
| Promoter change (4 qtrs) | +0.23 pp | +0.01 pp |
| Price performance | ||
| Return 1M | -0.51% | -6.01% |
| Return 3M | -0.05% | +5.93% |
| Return 1Y | +5.36% | +9.11% |
| Return YTD | -8.51% | +14.01% |
| Technical condition | ||
| Technical score | 46 | 60 |
| RS rating (1-99) | 60.00 | 75.00 |
| % vs 200-DMA | -6.27% | +7.72% |
| RSI (14) | 51.15 | 52.81 |
| % from 52-week high | -20.44% | -8.00% |