#Industower CMP ₹184. 29-Sep-2022
Strong fundamentals with double bottom formation ?
1) Market leader in Tower🗼 Biz
2) 3yr sales growth- 59.5%
3) 3yr profit growth- 39.9%
4) Dividend yield - 5.70%
5) Stock in accumulation zone
Worth studying it ☝️
#5G #stockstowatch
#industower could be #outperformer from here vs #nifty
10-Oct-2022.
Disc: #notareco #justaopinion #invested
During the last three years, Indus Towers produced sturdy free cash flow equating to 78% of its EBIT, about what we'd expect. This cold hard cash means it can reduce its debt when it wants to.
The good news is that Indus Towers's demonstrated ability to grow its EBIT delights us. And the good news does not stop there, as its conversion of EBIT to free cash flow also supports that impression!
Zooming out, Indus Towers seems to use debt quite reasonably; and that gets the nod from us.
While debt does bring risk, when used wisely it can also bring a higher return on equity.
Indus Towers had ₹54.9b of debt at March 2022, down from ₹81.7b a year prior. However, it also had ₹26.3b in cash, and so its net debt is ₹28.5b.
#INDUSTOWER
src: simply wall st.
@threadreaderapp please unroll this tweet
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.