Margin Squeeze Ne Kaha Game Over?
Toh bhaiyo, is profit girne ka sabse bada reason hai company ke operating margins mein hui badi gadbad. Jahaan revenue 7.9% badhkar Rs 8,146 crore ho gaya, wahi EBITDA Rs 4,509 crore par aa gaya, jo ki 35.6% kam hai. Aur margins ka toh bura haal hai, 55.3% ho gaye jo pichhle saal isi quarter mein 92.7% the. Yeh drop kaafi shock karne wala hai. Iski wajah se Return on Capital Employed bhi 29.3% se ghata kar 20.3% ho gaya. Pata hai, pichhle saal ka figure ek ₹3,024 crore ke provision write-back se bhi thoda adjust kiya gaya tha due to collection of old dues.
CEO Ka Message Aur Future Plan
Magar company ke CEO Prachur Sah ka kehna hai ki operations ekdum solid hain. Unhone bola ki digital technologies, automation, aur AI ka use badha rahe hain jisse sab kuch track par rahe aur kaam tez ho. Plus, govt ne telecom sector ke liye jo changes kiye hain, usse ek bade customer ki financial health sudharne ki ummeed hai, jo hamare liye positive ho sakta hai.
African Expansion Aur Sector Ka Future
Indus Towers ab sirf India tak nahi, Africa mein bhi apna network badha raha hai. Nigeria aur Zambia mein naye subsidiaries bana liye hain aur wahan operations accelerate karne par zor hai. Iske alawa, GIFT City, Gujarat mein ek investment holding company bhi bani hai for overseas operations. Indian telecom sector mein bhi 5G ki tez raftaar aur govt initiatives ki wajah se achha growth dikh raha hai.
Share Price Aur Valuation
Abhi Indus Towers ka share Rs 422.85 par trade kar raha hai aur company ki market cap lagbhag Rs 1.13 lakh crore hai. TTM P/E ratio 12x hai, jo kuch analysts ko historical average se kam lag raha hai, matlab share abhi sasta mil raha hai. Analysts ka average target Rs 442.78 hai. Competitors mein Bharti Hexacom aur Summit Digitel hain, par Indus Towers abhi bhi leader position mein hai.