Vodafone Idea vs Indus Towers: share price, P/E, ROE and financials compared
Vodafone Idea
Indus Towers
Vodafone Idea and Indus Towers at a glance
Vodafone Idea and Indus Towers are both listed in Telecommunication. Vodafone Idea is the larger by market cap, at ₹1.4L Cr against ₹1.0L Cr for Indus Towers (1.4 times as large). Vodafone Idea’s P/E isn’t ranked because it has negative equity. On returns and margins, Indus Towers has the higher operating margin (54.6% against 42.7%). Over three years, Indus Towers has faster 3-year sales growth (+4.6% against +2.1% a year).
Key metrics, side by side
| Metric | Vodafone IdeaIDEA | Indus TowersINDUSTOWER |
|---|---|---|
| Price (₹) | 12.76 | 383.10 |
| Market cap (₹ Cr) | 1,38,246 | 1,01,061 |
| P/E | 3.7× | 14.2× |
| P/B | −3.87× | 2.56× |
| Dividend yield, trailing | 0.00% | 3.65% (the higher figure, shaded) |
| ROE | – | 18.8% |
| ROCE | 36.9% | 18.4% |
| Operating margin (OPM) | 42.7% | 54.6% (the higher figure, shaded) |
| Net margin (NPM) | 82.3% | 21.4% |
| Sales CAGR 3Y | +2.1% | +4.6% (the higher figure, shaded) |
| Profit CAGR 3Y | – | +51.8% |
| Debt to equity | – | 0.56× |
| Interest cover | 2.6× | 6.2× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 37,406 | 7,107 |
| 1Y return | +37.0% (the higher figure, shaded) | −2.4% |
| Promoter holding | – | – |
Vodafone Idea vs Indus Towers: common questions
Which is bigger, Vodafone Idea or Indus Towers?
By market cap, Vodafone Idea is bigger at ₹1.4L Cr, against ₹1.0L Cr for Indus Towers (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹37,406 Cr for Vodafone Idea and ₹7,107 Cr for Indus Towers.
Which has a lower P/E ratio, Vodafone Idea or Indus Towers?
Vodafone Idea trades at a P/E of 3.7× and Indus Towers at 14.2×. Vodafone Idea’s P/E isn’t ranked because it has negative equity. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which is growing faster, Vodafone Idea or Indus Towers?
Over the last three years: Sales grew +2.1% a year at Vodafone Idea and +4.6% at Indus Towers, so Indus Towers grew sales faster. Past growth doesn’t predict future growth.