HFCL vs INDUSTOWER: Stock Comparison

HFCL Limited vs Indus Towers LimitedUpdated 25 Aug 26, 4:08 PM ISTNSE & company filings

Indus Towers Limited is the larger company by market capitalisation. HFCL Limited shows faster revenue growth and lower leverage, while Indus Towers Limited shows a lower P/E, a higher ROE and a higher dividend yield. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

HFCL leads 4; INDUSTOWER leads 9 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

HFCLINDUSTOWER

Valuation lens

What price are you paying?

Market CapContext only
₹36,581 Cr
₹1.01 L Cr
P/E RatioINDUSTOWER has the lower reading
63.26x
13.87x
P/B RatioINDUSTOWER has the lower reading
7.46x
2.5x
EPSINDUSTOWER has the higher reading
₹3.85
₹25.87
Book ValueContext only
₹33.15
₹156.92
Dividend YieldINDUSTOWER has the higher reading
0.05%
3.63%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
INDUSTOWER is the larger company
₹1.01 L Cr vs ₹36,581 Cr
P/E Ratio
INDUSTOWER has a lower P/E
13.87x vs 63.26x
P/B Ratio
INDUSTOWER has a lower P/B
2.5x vs 7.46x
EPS
INDUSTOWER has higher earnings per share
₹25.87 vs ₹3.85
Dividend Yield
INDUSTOWER has a higher dividend yield
3.63% vs 0.05%
Revenue Growth (TTM YoY)
HFCL has faster revenue growth
127.8% vs 4.8%
EPS Growth (TTM YoY)
INDUSTOWER has faster EPS growth
0.8% vs 0%
Qtr Sales Growth
HFCL has stronger quarterly sales growth
128% vs 4.84%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricHFCLINDUSTOWER
SectorTelecommunicationTelecommunication
IndustryTelecom - InfrastructureTelecom - Infrastructure

Price

MetricHFCLINDUSTOWER
Live Price₹238.01₹387.25
Day Change-0.17%3.47%
Volume1.61 Cr69.96 L
52-Week High₹239.41₹481.5
52-Week Low₹59.82₹312.55
Distance from 52W High-0.58%-19.57%

Valuation

MetricHFCLINDUSTOWER
Market Cap₹36,581 Cr₹1.01 L Cr
P/E Ratio63.26x13.87x
P/B Ratio7.46x2.5x
EPS₹3.85₹25.87
Book Value₹33.15₹156.92
Dividend Yield0.05%3.63%

Growth

MetricHFCLINDUSTOWER
Revenue Growth (TTM YoY)127.8%4.8%
EPS Growth (TTM YoY)0%0.8%
Qtr Sales Growth128%4.84%
Qtr Profit Growth319%0.78%

Profitability & Leverage

MetricHFCLINDUSTOWER
ROE6.95%19.8%
ROCE10.9%19.5%
Net Margin3.45%22.12%
Operating Margin15.4%54.8%
Debt to Equity0.36x0.53x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricHFCLINDUSTOWER
Promoter Holding28.29%51.26%
FII Holding15.74% 8.66 pp23.2% 1.89 pp
DII Holding10.92% 2.34 pp21.45% 1.77 pp
Public Holding45.03% 11 pp4.06% 0.12 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: HFCL Limited and Indus Towers Limited.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.