Indus Towers

By Research Desk
about 11 years ago

 

The company has done very well for itself, both for Q4 as well as Q4FY14. The company consolidated revenue for Q4Fy14 rose 4% (YoY) at Rs.2790 crore with a whopping 64% jump in net profit at Rs.472 crore but sequentially, the rise is 15%. What truly helped shore up the bottomline is the 23% (YoY) in interest outgo, from Rs.107 crore to Rs.83 crore. EBITDA margin has truly improved, from 37.2% to 41.6%. The company’s total tower base at the end of Q4 stood at 83,368 with a sharing revenue of Rs 67,942 per tower per month up 2% and sharing revenue per sharing operator per month was flat at Rs.34.155. The company has stated that its ‘closing sharing’ factor crossed 2. This ‘closing sharing’ means the number of tenants, in case of Bharti, operators, who have used the towers to put up their infrastructure.

Operating cash flow for the quarter stood at Rs.539 crore, up 12%. Its total operating expenses for the quarter was at Rs.1630, up 58% and the largest component of the expenses was power and fuel, amounting to Rs 992 crore. The other key expenses incurred were rent of Rs 223 crore.

The company ended FY14 with a consolidated net profit at Rs.1518 crore v/s Rs.1003 crore in FY13. And revenues stood at Rs.10.827 crore, up 5%. As at 31st March 2014, Bharti Airtel holds 79.39% stake in the company.

330.10 (+0.95)