Indus Towers Ltd Q4 2023 Earnings Call Transcript - Thomson StreetEvents

Indus Towers Ltd Q4 2023 Earnings Call Transcript

Indus Towers Ltd Q4 2023 Earnings Call Transcript - Thomson StreetEvents
Indus Towers Ltd Q4 2023 Earnings Call Transcript
Published Apr 27, 2023
15 pages (9059 words) — Published Apr 27, 2023
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Abstract:

Edited Transcript of INUS.NS earnings conference call or presentation 27-Apr-23 9:00am GMT

  
Brief Excerpt:

...Operator Good afternoon, ladies and gentlemen, I am Vanna, the moderator for this conference. Welcome to the Indus Towers Limited Fourth Quarter and Year Ended March 31st 2023 Earnings Call. (Operator Instructions) Present with us on the call today is the senior leadership team of Indus Towers, Mr. Prachur Sah, CEO; Mr. Vikas Poddar, CFO; Mr. Tejinder Kalra, COO; and Mr. Dheeraj Agarwal, Head, Investor Relations. Before I hand over the call, I must remind you that the overview and discussions to the (inaudible) that must be viewed in conjunction with the (inaudible). I now hand over the call to our first speaker of the day, Mr. Prachur Sah. Thank you, and over to you, Mr. Sah. Prachur Sah ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Indus Towers Ltd
Ticker
INUS.NS
Time
9:00am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : My first question is on the progress for collecting the current dues from Vodafone Idea. How are you thinking about the past dues now? Do you think it makes sense to continue the service till the time they keep clearing the current dues? Or do you think collection of past dues is a must in the coming quarter or so?

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : So for now, fair to assume that as long as the current dues are getting collected, that's fine. I mean like while you will keep pushing the customers. But for now, if current dues are -- keep getting collected you are okay.

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : Second is, you saw strong tower additions in fourth quarter. What would be the ROI you will be making in these towers, assuming they remain single tenant. And is the CapEx and rental on these towers similar to the older towers or there is any difference in the terms?

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : But single digit will be below the cost of capital. So it should be double digits, right, to cover the cost of capital?

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : And just one last question. Your thoughts on dividends going forward?

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : But why not distribute the free cash flow which you did generate this year?

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : So my question was on the minimum lease rental receivables. You've seen a sharp spike this quarter. Was there some extension of contract because clearly, the new tower additions cannot explain that?

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : And does this renewal have any impact on average rental per tower?

Table Of Contents

Indus Towers Ltd Q4 2025 Earnings Call Transcript – 2025-05-01 – US$ 106.00 – Edited Transcript of INUS.NS earnings conference call or presentation 1-May-25 9:00am GMT

Indus Towers Ltd Q3 2025 Earnings Call Transcript – 2025-01-24 – US$ 54.00 – Edited Transcript of INUS.NS earnings conference call or presentation 24-Jan-25 9:00am GMT

Indus Towers Ltd Q2 2025 Earnings Call Transcript – 2024-10-23 – US$ 54.00 – Edited Transcript of INUS.NS earnings conference call or presentation 23-Oct-24 9:00am GMT

Indus Towers Ltd Q2 2024 Earnings Call Transcript – 2023-10-26 – US$ 54.00 – Edited Transcript of INUS.NS earnings conference call or presentation 26-Oct-23 9:00am GMT

Indus Towers Ltd Q1 2024 Earnings Call Transcript – 2023-07-28 – US$ 54.00 – Edited Transcript of INUS.NS earnings conference call or presentation 28-Jul-23 9:00am GMT

Indus Towers Ltd Q3 2023 Earnings Call Transcript – 2023-01-25 – US$ 54.00 – Edited Transcript of INUS.NS earnings conference call or presentation 25-Jan-23 9:00am GMT

Indus Towers Ltd Q2 2023 Earnings Call Transcript – 2022-10-28 – US$ 54.00 – Edited Transcript of INUS.NS earnings conference call or presentation 28-Oct-22 9:00am GMT

Indus Towers Ltd Q1 2023 Earnings Call Transcript – 2022-08-03 – US$ 54.00 – Edited Transcript of INUS.NS earnings conference call or presentation 3-Aug-22 9:00am GMT

Indus Towers Ltd Q4 2022 Earnings Call Transcript – 2022-05-06 – US$ 54.00 – Edited Transcript of INUS.NS earnings conference call or presentation 6-May-22 9:00am GMT

Indus Towers Ltd Q3 2022 Earnings Call Transcript – 2022-01-28 – US$ 54.00 – Edited Transcript of INUS.NS earnings conference call or presentation 28-Jan-22 9:00am GMT

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MLA:
Thomson StreetEvents. "Indus Towers Ltd Q4 2023 Earnings Call Transcript" Apr 27, 2023. Alacra Store. May 03, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2023-Indus-Towers-Ltd-Earnings-Call-T15555344>
  
APA:
Thomson StreetEvents. (2023). Indus Towers Ltd Q4 2023 Earnings Call Transcript Apr 27, 2023. New York, NY: Alacra Store. Retrieved May 03, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2023-Indus-Towers-Ltd-Earnings-Call-T15555344>
  
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