{"id":135656,"date":"2022-11-04T10:34:46","date_gmt":"2022-11-04T14:34:46","guid":{"rendered":"https:\/\/44.250.171.167\/?p=135656"},"modified":"2022-11-04T10:34:48","modified_gmt":"2022-11-04T14:34:48","slug":"indus-towers-limited-q2-fy23-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indus-towers-limited-q2-fy23-earnings-conference-call-insights\/","title":{"rendered":"Indus Towers Limited Q2 FY23 Earnings Conference Call Insights"},"content":{"rendered":"<p><span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/cnyA4J83TVg?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span><\/p>\n<p><strong>Key highlights from Indus Towers Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/INDUSTOWER\/\">INDUSTOWER<\/a>) Q2 FY23 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>[00:17:55] Kunal Vora of BNP Paribas enquired how the company is looking at the revenues coming in from the 5G rollout. Vikas Poddar CFO answered that from a 5G perspective, the initial revenue from 5G is going to come from loading of 5G equipment on the existing sites. INDUSTOWER is seeing a positive development on its revenue in the coming quarters.<\/li>\n<\/ul>\n<ul>\n<li>[00:19:58] Tanay Shah from Dolat Capital enquired about the reason for the recent NCD fund raise of INR2,000 crores. Vikas Poddar CFO replied that it is driven by a requirement the company has from a regulator wherein it\u2019s classified as a large corporate and is required to comply with the provision of raising minimum 25% of incremental long-term borrowing by way of debt securities.<\/li>\n<\/ul>\n<ul>\n<li>[00:22:38] \u00a0Falguni Dutta from Jet Age Securities enquired about the differential in revenues from rentals of INR4,780 crores and gross revenue of INR7,960. Vikas Poddar CFO replied that there are two revenues; one from rentals and second is the energy revenue. The difference between the two lines is the energy revenue.<\/li>\n<\/ul>\n<ul>\n<li>[00:26:43] Pranav Kshatriya with Nuvama asked about how should one see the energy margin trending. Vikas Poddar CFO said that energy margin in 2Q23 is positive because of the deferred recognition. INDUSTOWER said it\u2019s trying its best to drive a reduction in diesel which will have a huge bearing on the margin gaps.<\/li>\n<\/ul>\n<ul>\n<li>[00:41:18] Ravi Agarwal from UTI AMC asked about the accounting policy the company is looking to adopt. Vikas Poddar CFO answered that the company doesn\u2019t have any change in its accounting policy. INDUSTOWER deferred the recognition to be sure about the collection.<\/li>\n<\/ul>\n<ul>\n<li>[00:51:56] Arun Prasath with Spark Capital asked about the receivables going forward. Vikas Poddar CFO answered that by Dec. 2022, the receivables should peak out and post that it will decrease based on the payment plan.<\/li>\n<\/ul>\n<ul>\n<li>[00:52:40] Arun Prasath with Spark Capital enquired about the cumulative leaner towers count. Vikas Poddar CFO said in 2Q23 the leaner towers is close to 1,500. In 1Q23, it was 1,000. The base of lean towers is in a little over 3,000.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Indus Towers Limited (INDUSTOWER) Q2 FY23 Earnings Concall Q&amp;A Highlights: [00:17:55] Kunal Vora of BNP Paribas enquired how the company is looking at the revenues coming in from the 5G rollout. Vikas Poddar CFO answered that from a 5G perspective, the initial revenue from 5G is going to come from loading of [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"Indus Towers Limited Q2 FY23 Earnings Conference Call Insights #INDUSTOWER #Q2 #FY23 #Earnings #Stocks","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,12],"tags":[10169,8234],"class_list":["post-135656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-other-industries","tag-earnings","tag-telecom-equipment"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":139231,"url":"https:\/\/alphastreet.com\/india\/indus-towers-limited-industower-q3-fy23-earnings-concall-transcript\/","url_meta":{"origin":135656,"position":0},"title":"Indus Towers Limited (INDUSTOWER) Q3 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"January 25, 2023","format":false,"excerpt":"Indus Towers Limited (NSE: INDUSTOWER) Q3 FY23 Earnings Concall dated Jan. 25, 2023 Corporate Participants: N Kumar\u00a0--\u00a0Chairman and Independent Director Prachur Sah\u00a0--\u00a0Managing Director and Chief Executive Officer Vikas Poddar\u00a0--\u00a0Chief Financial Officer Tejinder Kalra\u00a0--\u00a0Chief Operating Officer Analysts: Sanjesh Jain\u00a0--\u00a0ICICI Securities -- Analyst Arun Prasath\u00a0--\u00a0Spark Capital -- Analyst Mitul Shah\u00a0--\u00a0Reliance Securities --\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":144390,"url":"https:\/\/alphastreet.com\/india\/indus-towers-limited-industower-q4-fy23-earnings-concall-transcript\/","url_meta":{"origin":135656,"position":1},"title":"Indus Towers Limited (INDUSTOWER) Q4 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"April 28, 2023","format":false,"excerpt":"Indus Towers Limited (NSE:INDUSTOWER) Q4 FY23 Earnings Concall dated Apr. 27, 2023. Corporate Participants: Prachur Sah\u00a0--\u00a0Chief Executive Officer, Managing Director & Additional Director Vikas Poddar\u00a0--\u00a0Chief Financial Officer Tejinder S. Kalra\u00a0--\u00a0Chief Operating Officer Analysts: Sanjesh Jain\u00a0--\u00a0ICICI Securities Limited, Research Division -- Analyst Kunal Vora\u00a0--\u00a0BNP Paribas, Research Division -- Analyst Mitul M.\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":135452,"url":"https:\/\/alphastreet.com\/india\/indus-towers-limited-industower-q2-fy23-earnings-concall-transcript\/","url_meta":{"origin":135656,"position":2},"title":"Indus Towers Limited (INDUSTOWER) Q2 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"October 28, 2022","format":false,"excerpt":"Indus Towers Limited\u00a0 (NSE:INDUSTOWER) Q2 FY23 Earnings Concall dated Oct. 28, 2022 Corporate Participants: Tejinder S Kalra -- Chief Operating Officer Vikas Poddar -- Chief Financial Officer Analysts: Kunal Vora -- BNP Paribas -- Analyst Tanay Shah -- Dolat Capital -- Analyst Falguni Dutta -- Jet Age Securities Private Limited\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":139380,"url":"https:\/\/alphastreet.com\/india\/indus-towers-limited-q3-fy23-company-posted-a-net-loss-of-%e2%82%b9708-crore\/","url_meta":{"origin":135656,"position":3},"title":"Indus Towers Limited Q3 FY23; Company Posted A Net Loss Of \u20b9708 Crore","author":"Hardik Bhandare","date":"January 27, 2023","format":false,"excerpt":"Indus Towers Limited (NSE: INDUSTOWER) reported Revenue from Operations for Q3 FY23 of \u20b96,765 Crore, up from \u20b96,927.4 Crore last year, a growth of -2.3%. The Net Loss was -\u20b9708.2 Crore, compared to a profit of \u20b91,570.8 Crore in the same quarter of the previous year. The Earnings per Share\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7638f101-6077-4516-92c1-9a90df5972fb-1-scaled.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7638f101-6077-4516-92c1-9a90df5972fb-1-scaled.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7638f101-6077-4516-92c1-9a90df5972fb-1-scaled.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7638f101-6077-4516-92c1-9a90df5972fb-1-scaled.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7638f101-6077-4516-92c1-9a90df5972fb-1-scaled.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/7638f101-6077-4516-92c1-9a90df5972fb-1-scaled.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":130874,"url":"https:\/\/alphastreet.com\/india\/salasar-techno-engineering-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":135656,"position":4},"title":"Salasar Techno Engineering Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"June 28, 2022","format":false,"excerpt":"https:\/\/youtu.be\/WLjIHDHmuFY Key highlights from Salasar Techno Engineering Ltd (SALASAR) Q4 FY22 Earnings Concall Q&A Highlights: Viral Shah of YES Securities asked about the bid pipeline. Shashank Agarwal MD replied that the company has become selective in bidding the tenders as of now as it has a good order book in\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142850,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-indus-tower-limited-for-q3-fy23\/","url_meta":{"origin":135656,"position":5},"title":"Earnings Summary Of Indus Tower Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 27, 2023","format":false,"excerpt":"Indus Towers (NSE: INDUSTOWER) is a telecom tower infrastructure company in India. It was founded in 2007 and is headquartered in Gurgaon. Indus Towers is jointly owned by Bharti Infratel, Vodafone Idea and Providence Equity Partners. The company's main business is to own and operate telecom tower infrastructure and lease\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/135656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=135656"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/135656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=135656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=135656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=135656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}