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 2026-09-21 close
Latest results: INDUSTOWER Jun 2026 · KPIL Jun 2026
At a glance
- Indus Towers Limited is the larger company by market value, about 4.1 times the size of Kalpataru Projects International Limited.
- On trailing earnings, Indus Towers Limited trades at the lower P/E (13.9 against 21.8).
- Indus Towers Limited earns the higher return on equity (18.0% against 14.5%).
- Over three years Indus Towers Limited has grown profits faster (50% a year against 37%).
- Over the past year the share prices returned +5.1% (INDUSTOWER) and +10.6% (KPIL).
| Metric | Indus Towers INDUSTOWER |
Kalpataru Projects KPIL |
|---|---|---|
| Size and price | ||
| Market cap | ₹99,594 Cr | ₹24,576 Cr |
| Share price | ₹377.65 | ₹1,439 |
| Valuation | ||
| P/E | 13.92 | 21.82 |
| P/B | 2.51 | 3.16 |
| EV/EBITDA | 6.70 | 12.35 |
| PEG | 0.28 | 0.59 |
| Dividend yield | 0.0% | 0.6% |
| Profitability | ||
| ROE | 18.0% | 14.5% |
| ROCE | 19.0% | 17.0% |
| Operating margin | 54.8% | 8.3% |
| Sales (TTM) | ₹32,867 Cr | ₹27,380 Cr |
| Net profit (TTM) | ₹7,152 Cr | ₹1,126 Cr |
| Growth | ||
| Latest quarter sales YoY | +4.6% | +3.8% |
| Latest quarter profit YoY | +0.5% | +45.6% |
| 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 | 0.53 | 0.46 |
| Interest cover | 6.24 | 3.48 |
| Ownership | ||
| Promoter holding | 51.3% | 33.6% |
| Promoter change (4 qtrs) | +1.26 pp | +0.06 pp |
| Price performance | ||
| Return 1M | +2.40% | +3.71% |
| Return 3M | -8.65% | -0.04% |
| Return 1Y | +5.11% | +10.60% |
| Return YTD | -9.81% | +19.69% |
| Technical condition | ||
| Technical score | 31 | 80 |
| RS rating (1-99) | 40.00 | 70.00 |
| % vs 200-DMA | -8.91% | +15.97% |
| RSI (14) | 48.59 | 59.50 |
| % from 52-week high | -21.57% | -2.74% |
