Comparison · NSE · data 2026-10-30
Indus Towers Limited vs Phoenix Mills Ltd.
In plain words
Size: Indus Towers Limited is about 1.4 times the market value of Phoenix Mills Ltd..
Valuation (P/E): Phoenix Mills Ltd. 54.7 vs Indus Towers Limited 14.
Return on equity: Indus Towers Limited 19.8% vs Phoenix Mills Ltd. 11.4%.
Profit growth over 3 years: Indus Towers Limited 51.9% a year vs Phoenix Mills Ltd. -2.9% a year.
Differences in the numbers, not a recommendation of either stock.
Side by side
| INDUSTOWER | PHOENIXLTD | |
|---|---|---|
| Price | ₹378.3 | ₹1,957.2 |
| Market cap | ₹1,00,892 cr | ₹70,463 cr |
| P/E | 14 | 54.7 |
| P/B | 2.5 | — |
| ROE | 19.8% | 11.4% |
| ROCE | 18.9% | 11.6% |
| Debt / equity | 0.53 | 0.48 |
| Operating margin | 32.1% | 51.8% |
| Dividend yield | 3.66% | 0.13% |
| Sales growth, 3 years (yearly) | 4.6% | 18.7% |
| Profit growth, 3 years (yearly) | 51.9% | -2.9% |
| 1-year return | 0.1% | 13.9% |
| Revenue, last 12 months | ₹33,194 cr | ₹4,545 cr |
| Net profit, last 12 months | ₹7,107 cr | ₹1,280 cr |
| Latest quarter | Dec 2025 | Jun 2026 |
| Quarter net profit | ₹1,776 cr | ₹297 cr |
| Quarter profit vs a year earlier | — | — |
| Promoter holding | 51.26% | 47.25% |
| Health check | Strong (7.2/10) | Average (4.8/10) |
Common questions
Which has a higher P/E, Indus Towers Limited or Phoenix Mills Ltd.?
Phoenix Mills Ltd. trades at the higher P/E (54.7 against 14). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Indus Towers Limited (19.8% against 11.4%).
Which carries more debt?
Indus Towers Limited has the higher debt-to-equity ratio (0.53 against 0.48).