
About Bharti Infratel
Bharti Infratel is a publicly listed company based in Gurugram (India) founded in 2006. Passive telecom tower infrastructure is provided online. Bharti Infratel has raised $250 million across 2 funding rounds from investors including Goldman Sachs, Citi and KKR. The company has 3,645 employees. Its Indian entity Indus Towers Limited reported revenue of βΉ33,312 Cr. Its focus areas include Telecom and Telecom Infrastructure.
Company details
Bharti Infratel was established in 2006 and is based in Gurugram, India. An online platform is operated to deliver passive telecom tower solutions for mobile and wireless providers. Shared access is facilitated across an extensive network to improve efficiency and coverage. Installations, maintenance, and upgrades are managed through streamlined processes in the telecom infrastructure sector.
- Headquarters Gurugram, India
- Employees 3,645
- Stage Public
- SectorsTelecommunications
- Website bharti-infratel.com
- Social LinkedIn
- Legal Name Bharti Infratel Limited
- Date of Incorporation 30 Nov, 2006
- Jurisdiction Gurugram, Haryana, India
- Market Cap₹1,02,084 Cr
INDUSTOWER · NSE
- Share Price₹396.00
+2.34% today
- Revenue₹32,493 Cr
FY 2025-26 · +7.9% YoY
- EBITDA₹17,813 Cr
Margin 54.8%
- Net Profit₹6,714 Cr
FY 2025-26 · -30.0% YoY
- P/E (TTM)14.8x
P/B 2.7x
- ROE19.8%
ROCE 18.7%
- Debt / Equity0.59
Interest cover 17.7x
- Total Equity Funding$250M (USD)
in 2 rounds
- Latest Funding Round$250M (USD), Private Equity Round
Feb 2008
- InvestorsGoldman Sachs
& 6 more
- Employee Count3,645
Associated legal entities of Bharti Infratel
Bharti Infratel operates through Indus Towers Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indus Towers Limited Listed CIN L64201HR2006PLC073821 | Active | 30 Nov 2006 | Gurugram, Haryana | ₹33,312 Cr | 3,630 | 13 | View details |
Funding Insights of Bharti Infratel
Bharti Infratel has successfully raised a total of $250M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $250 million completed in February 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $250M
- Total Rounds 2
- Last Round Private Equity Round β $250M
- Investors Count 7
All 2 funding rounds of Bharti Infratel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2008 | $250M | Private Equity Round | β | β | |
| Dec 2007 | Private Equity Round | β | Temasek, Goldman Sachs | β |
7 investors in total: 7 institutional.
Investors in Bharti Infratel
Bharti Infratel has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Citi and KKR.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | 1976 | kkr.com | New York, United States | |
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Private equity investments in India are managed by the firm. | iepfunds.com | Ebene City, Mauritius | ||
Investment funding and expertise for emerging businesses in Asia. | 1994 | aifcapital.com | ||
A global financial services organization with Australian heritage is operated. | 1969 | macquarie.com | Sydney, Australia | |
Commercial banking and financial services are provided globally. | 1812 | citi.com | New York, United States |
Investor details for Bharti Infratel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Indus Towers Limited (Bharti Infratel)
Indus Towers Limited is the primary company behind Bharti Infratel. The board of Indus Towers Limited currently have 10 directors; the longest-serving is Rajan Bharti Mittal, appointed in 2016. 43 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajan Bharti Mittal DIN 00028016 | Director | 27 Jan 2016 | 10 yrs 9 mo | Indus Towers Limited |
| Anita Kapur DIN 07902012 | Director | 17 Jan 2018 | 8 yrs 9 mo | Indus Towers Limited |
| Harjeet Kohli DIN 07575784 | Director | 19 Nov 2020 | 5 yrs 11 mo | Indus Towers Limited |
| Sharad Bhansali DIN 08964527 | Director | 19 Nov 2020 | 5 yrs 11 mo | Indus Towers Limited |
| Prachur Sah DIN 07871676 | Managing Director | 03 Jan 2023 | 3 yrs 10 mo | Indus Towers Limited |
| Ramesh Abhishek DIN 07452293 | Director | 03 Jan 2023 | 3 yrs 10 mo | Indus Towers Limited |
| Dinesh Kumar Mittal DIN 00040000 | Director | 01 Apr 2024 | 2 yrs 7 mo | Indus Towers Limited |
| Rakesh Bharti Mittal DIN 00042494 | Director | 20 Jan 2025 | 1 yr 9 mo | Indus Towers Limited |
| Soumen Ray DIN 09484511 | Director | 20 Jan 2025 | 1 yr 9 mo | Indus Towers Limited |
| Randeep Singh Sekhon DIN 08306391 | Additional Director | 01 May 2026 | 6 mo | Indus Towers Limited |
IPO & Listings of Bharti Infratel
Bharti Infratel is a publicly listed company on the NSE with ticker symbol INDUSTOWER in India, operating in the Telecom Equipment & Infra Services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Dec 2012
- Listed onNSE: INFRATEL · BSE: 534816
- Listed entityIndus Towers Limited
- Exchange sectorTelecom Equipment & Infra Services
Financials of Bharti Infratel
Exchange-reported figures of Indus Towers Limited, the listed company behind Bharti Infratel (NSE: INDUSTOWER).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 32,493 | 30,123 | 28,601 | 28,382 | 27,717 | 13,954 | 6,743 |
| Revenue growth | +7.9% | +5.3% | +0.8% | +2.4% | +98.6% | +106.9% | - |
| EBITDA | 17,813 | 20,650 | 14,557 | 9,176 | 14,901 | 7,179 | 3,558 |
| EBITDA margin | +54.8% | +68.6% | +50.9% | +32.3% | +53.8% | +51.5% | +52.8% |
| Profit before tax | 9,598 | 13,154 | 8,122 | 2,759 | 8,431 | 4,757 | 3,788 |
| Net profit | 6,714 | 9,597 | 5,825 | 2,100 | 6,166 | 3,613 | 3,026 |
| Net profit margin | +20.7% | +31.9% | +20.4% | +7.4% | +22.2% | +25.9% | +44.9% |
| EPS (βΉ) | 27.08 | 37.65 | 22.40 | 7.57 | 23.65 | 14.02 | 17.83 |
| Balance sheet | |||||||
| Total assets | 65,143 | 57,653 | 50,918 | 42,740 | 44,313 | 39,761 | 18,587 |
| Net worth | 39,646 | 32,498 | 27,039 | 21,110 | 22,150 | 15,877 | 13,542 |
| Total debt | 21,127 | 21,156 | 20,531 | 19,185 | 19,726 | 21,576 | 4,627 |
| Cash & bank | 1,552 | 1,856 | 63.10 | 22.40 | 980 | 14.50 | 147 |
| Net working capital | 5,808 | 6,334 | 5,540 | 4,600 | 7,097 | 2,246 | 46.70 |
| Cash flow | |||||||
| Cash from operations | 15,684 | 19,645 | 11,582 | 7,905 | 9,121 | 7,481 | 2,315 |
| Cash from investing | (10,198) | (10,910) | (7,546) | (1,730) | (2,174) | 1,798 | (1,012) |
| Cash from financing | (5,588) | (8,648) | (3,995) | (7,133) | (5,982) | (9,377) | (1,185) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,516 | 8,431 | 8,101 | 8,146 | 8,188 | 8,058 | 7,727 | 7,547 |
| Revenue growth (YoY) | +4.0% | +4.6% | +4.8% | +7.9% | +9.7% | +9.1% | - | - |
| Other income | 106 | 121 | 155 | 154 | 82.90 | 85.10 | 91.70 | 83.80 |
| EBITDA | 4,590 | 4,478 | 4,424 | 4,468 | 4,572 | 4,390 | 4,395 | 6,958 |
| EBITDA margin | +53.9% | +53.1% | +54.6% | +54.8% | +55.8% | +54.5% | +56.9% | +92.2% |
| Depreciation | 1,944 | 1,894 | 1,838 | 1,798 | 1,801 | 1,704 | 1,693 | 1,568 |
| Interest | 342 | 358 | 376 | 404 | 376 | 437 | 431 | 255 |
| Profit before tax | 2,411 | 2,347 | 2,365 | 2,420 | 2,478 | 2,334 | 2,363 | 5,219 |
| Tax | 618 | 602 | 572 | 644 | 639 | 597 | 584 | 1,216 |
| Net profit | 1,793 | 1,746 | 1,793 | 1,776 | 1,839 | 1,737 | 1,779 | 4,003 |
| EPS (βΉ) | 6.80 | 6.62 | 6.80 | 6.73 | 6.97 | 6.59 | 6.75 | 15.17 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 32,493 | 30,123 | 28,601 | 28,382 | 27,708 | 13,951 | 6,738 |
| Revenue growth | +7.9% | +5.3% | +0.8% | +2.4% | +98.6% | +107.0% | - |
| EBITDA | 17,797 | 20,641 | 14,557 | 9,176 | 14,888 | 7,178 | 3,557 |
| EBITDA margin | +54.8% | +68.5% | +50.9% | +32.3% | +53.7% | +51.5% | +52.8% |
| Profit before tax | 9,584 | 13,147 | 8,127 | 2,762 | 8,424 | 4,316 | 2,412 |
| Net profit | 6,704 | 9,588 | 5,829 | 2,103 | 6,160 | 3,177 | 1,513 |
| Net profit margin | +20.6% | +31.8% | +20.4% | +7.4% | +22.2% | +22.8% | +22.5% |
| EPS (βΉ) | 27.05 | 37.61 | 22.42 | 7.58 | 23.63 | 12.39 | 9.44 |
| Balance sheet | |||||||
| Total assets | 65,177 | 57,692 | 50,953 | 42,765 | 44,338 | 39,765 | 18,907 |
| Net worth | 39,679 | 32,537 | 27,074 | 21,135 | 22,176 | 15,897 | 13,881 |
| Total debt | 21,127 | 21,156 | 20,531 | 19,185 | 19,726 | 21,560 | 4,608 |
| Cash & bank | 1,527 | 1,855 | 58.00 | 21.80 | 980 | 13.00 | 147 |
| Net working capital | 5,830 | 6,360 | 5,551 | 4,615 | 7,117 | 2,251 | 64.40 |
| Cash flow | |||||||
| Cash from operations | 15,665 | 19,638 | 11,583 | 7,907 | 9,112 | 7,477 | 2,305 |
| Cash from investing | (10,237) | (10,925) | (7,565) | (1,739) | (2,182) | 1,804 | (1,009) |
| Cash from financing | (5,554) | (8,622) | (3,982) | (7,126) | (5,964) | (9,381) | (1,179) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,515 | 8,431 | 8,101 | 8,146 | 8,188 | 8,058 | 7,727 | 7,547 |
| Revenue growth (YoY) | +4.0% | +4.6% | +4.8% | +7.9% | +9.7% | +9.1% | - | - |
| Other income | 106 | 121 | 156 | 154 | 82.90 | 85.10 | 91.70 | 83.90 |
| Total expenses | 3,920 | 3,955 | 3,683 | 3,681 | 3,620 | 3,712 | 3,407 | 593 |
| EBITDA | 4,595 | 4,476 | 4,418 | 4,465 | 4,568 | 4,346 | 4,320 | 6,954 |
| EBITDA margin | +54.0% | +53.1% | +54.5% | +54.8% | +55.8% | +53.9% | +55.9% | +92.1% |
| Depreciation | 1,943 | 1,893 | 1,837 | 1,798 | 1,800 | 1,704 | 1,692 | 1,568 |
| Interest | 340 | 358 | 376 | 403 | 376 | 396 | 360 | 255 |
| Profit before tax | 2,418 | 2,347 | 2,360 | 2,418 | 2,475 | 2,331 | 2,360 | 5,216 |
| Tax | 620 | 602 | 571 | 644 | 638 | 596 | 583 | 1,219 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,516 | 8,431 | 8,101 | 8,146 | 8,188 | 8,058 | 7,727 | 7,547 |
| Revenue growth (YoY) | +4.0% | +4.6% | +4.8% | +7.9% | +9.7% | +9.1% | - | - |
| Other income | 106 | 121 | 155 | 154 | 82.90 | 85.10 | 91.70 | 83.80 |
| EBITDA | 4,590 | 4,478 | 4,424 | 4,468 | 4,572 | 4,390 | 4,395 | 6,958 |
| EBITDA margin | +53.9% | +53.1% | +54.6% | +54.8% | +55.8% | +54.5% | +56.9% | +92.2% |
| Depreciation | 1,944 | 1,894 | 1,838 | 1,798 | 1,801 | 1,704 | 1,693 | 1,568 |
| Interest | 342 | 358 | 376 | 404 | 376 | 437 | 431 | 255 |
| Profit before tax | 2,411 | 2,347 | 2,365 | 2,420 | 2,478 | 2,334 | 2,363 | 5,219 |
| Tax | 618 | 602 | 572 | 644 | 639 | 597 | 584 | 1,216 |
| Net profit | 1,793 | 1,746 | 1,793 | 1,776 | 1,839 | 1,737 | 1,779 | 4,003 |
| EPS (βΉ) | 6.80 | 6.62 | 6.80 | 6.73 | 6.97 | 6.59 | 6.75 | 15.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 32,493 | 30,123 | 28,601 | 28,382 | 27,717 | 13,954 | 6,743 |
| Revenue growth | +7.9% | +5.3% | +0.8% | +2.4% | +98.6% | +106.9% | - |
| Other income | 818 | 764 | 1,490 | 578 | 458 | 1,262 | 1,846 |
| Total expenses | 14,680 | 9,473 | 14,044 | 19,206 | 12,816 | 6,775 | 3,185 |
| Employee cost | 878 | 841 | 782 | 774 | 772 | 513 | 294 |
| EBITDA | 17,813 | 20,650 | 14,557 | 9,176 | 14,901 | 7,179 | 3,558 |
| EBITDA margin | +54.8% | +68.6% | +50.9% | +32.3% | +53.8% | +51.5% | +52.8% |
| Depreciation | 7,141 | 6,402 | 6,060 | 5,324 | 5,325 | 2,848 | 1,282 |
| Interest | 1,893 | 1,858 | 1,864 | 1,670 | 1,603 | 836 | 335 |
| Profit before tax | 9,598 | 13,154 | 8,122 | 2,759 | 8,431 | 4,757 | 3,788 |
| Tax | 2,453 | 3,222 | 2,086 | 719 | 2,058 | 978 | 489 |
| Net profit | 6,714 | 9,597 | 5,825 | 2,100 | 6,166 | 3,613 | 3,026 |
| Net profit margin | +20.7% | +31.9% | +20.4% | +7.4% | +22.2% | +25.9% | +44.9% |
| EPS (βΉ) | 27.08 | 37.65 | 22.40 | 7.57 | 23.65 | 14.02 | 17.83 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 2,638 | 2,638 | 2,695 | 2,695 | 2,695 | 2,695 | 1,850 |
| Reserves & surplus | 37,050 | 29,897 | 24,344 | 18,415 | 19,456 | 13,182 | 11,693 |
| Shareholders' funds (net worth) | 39,646 | 32,498 | 27,039 | 21,110 | 22,150 | 15,877 | 13,542 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 167 | 0.00 |
| Unsecured loans | 21,127 | 21,156 | 20,531 | 19,185 | 19,726 | 21,409 | 4,627 |
| Total debt | 21,127 | 21,156 | 20,531 | 19,185 | 19,726 | 21,576 | 4,627 |
| Total liabilities | 65,143 | 57,653 | 50,918 | 42,740 | 44,313 | 39,761 | 18,587 |
| Assets | |||||||
| Gross block | 98,676 | 90,447 | 79,605 | 70,672 | 68,414 | 66,773 | 17,136 |
| Net block | 49,514 | 44,380 | 39,300 | 32,384 | 31,826 | 31,800 | 6,714 |
| Capital work in progress | 630 | 567 | 422 | 355 | 179 | 274 | 54.50 |
| Investments | 4,316 | 1,486 | 2.80 | 276 | 1,652 | 2,271 | 11,170 |
| Inventories | 26.80 | 7.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 4,939 | 4,768 | 6,451 | 4,869 | 7,059 | 3,828 | 367 |
| Cash & bank balances | 1,552 | 1,856 | 63.10 | 22.40 | 980 | 14.50 | 147 |
| Loans & advances | 4,695 | 4,812 | 3,976 | 3,541 | 2,620 | 3,515 | 699 |
| Total current assets | 11,213 | 11,444 | 10,490 | 8,432 | 10,659 | 7,358 | 1,213 |
| Total current liabilities | 5,406 | 5,110 | 4,950 | 3,832 | 3,562 | 5,112 | 1,166 |
| Net working capital | 5,808 | 6,334 | 5,540 | 4,600 | 7,097 | 2,246 | 46.70 |
| Total assets | 65,143 | 57,653 | 50,918 | 42,740 | 44,313 | 39,761 | 18,587 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 150 | 63.10 | 22.40 | 980 | 14.30 | 112 | (5.40) |
| Net cash from operating activities | 15,684 | 19,645 | 11,582 | 7,905 | 9,121 | 7,481 | 2,315 |
| Net cash from investing activities | (10,198) | (10,910) | (7,546) | (1,730) | (2,174) | 1,798 | (1,012) |
| Net cash from financing activities | (5,588) | (8,648) | (3,995) | (7,133) | (5,982) | (9,377) | (1,185) |
| Net change in cash | (102) | 86.60 | 40.70 | (958) | 966 | (97.80) | 118 |
| Closing cash | 1,552 | 1,856 | 63.10 | 22.40 | 980 | 14.50 | 147 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.9% | +5.3% | +0.8% | +2.4% | +98.6% | +106.9% | - |
| EBITDA growth | -13.7% | +41.9% | +58.6% | -38.4% | +107.6% | +101.8% | - |
| PBT growth | -27.0% | +61.9% | +194.4% | -67.3% | +77.2% | +25.6% | +6.6% |
| Net income growth | -30.0% | +64.8% | +177.4% | -66.0% | +70.7% | +19.4% | - |
| Revenue CAGR (3Y) | +4.6% | +2.8% | +27.0% | +61.5% | +59.5% | +28.2% | +3.5% |
| EBITDA CAGR (3Y) | +24.8% | +11.5% | +26.6% | +37.1% | +68.6% | +31.9% | +8.0% |
| Profitability & leverage | |||||||
| Net income margin | +22.0% | +33.0% | +21.1% | +7.2% | +23.0% | +27.1% | +48.9% |
| Return on capital employed | +18.7% | +27.7% | +21.3% | +10.2% | +23.9% | +19.2% | +24.4% |
| Return on net worth | +19.8% | +33.4% | +25.1% | +9.4% | +33.5% | +25.7% | +23.5% |
| Debt / equity | 0.59 | 0.70 | 0.82 | 0.90 | 1.09 | 0.89 | 0.17 |
| Long-term debt / equity | 0.47 | 0.53 | 0.63 | 0.68 | 0.72 | 0.50 | 0.07 |
| Interest cover | 17.74 | 13.04 | 21.94 | 43.37 | 16.74 | 19.31 | 14.72 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.34 | 0.35 | 0.38 | 0.41 | 0.41 | 0.33 | 0.42 |
| Inventory turnover | 1,889.13 | 7,927.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 6.69 | 5.37 | 5.05 | 4.76 | 5.09 | 6.65 | 14.69 |
| EPS (βΉ) | 27.08 | 37.65 | 22.40 | 7.57 | 23.65 | 14.02 | 17.83 |
| Dividend per share (βΉ) | 14.00 | 0.00 | 0.00 | 0.00 | 11.00 | 20.12 | 10.50 |
| Book value per share (βΉ) | 150.44 | 123.33 | 100.33 | 78.33 | 82.19 | 58.91 | 73.22 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,515 | 8,431 | 8,101 | 8,146 | 8,188 | 8,058 | 7,727 | 7,547 |
| Revenue growth (YoY) | +4.0% | +4.6% | +4.8% | +7.9% | +9.7% | +9.1% | - | - |
| Other income | 106 | 121 | 156 | 154 | 82.90 | 85.10 | 91.70 | 83.90 |
| Total expenses | 3,920 | 3,955 | 3,683 | 3,681 | 3,620 | 3,712 | 3,407 | 593 |
| EBITDA | 4,595 | 4,476 | 4,418 | 4,465 | 4,568 | 4,346 | 4,320 | 6,954 |
| EBITDA margin | +54.0% | +53.1% | +54.5% | +54.8% | +55.8% | +53.9% | +55.9% | +92.1% |
| Depreciation | 1,943 | 1,893 | 1,837 | 1,798 | 1,800 | 1,704 | 1,692 | 1,568 |
| Interest | 340 | 358 | 376 | 403 | 376 | 396 | 360 | 255 |
| Profit before tax | 2,418 | 2,347 | 2,360 | 2,418 | 2,475 | 2,331 | 2,360 | 5,216 |
| Tax | 620 | 602 | 571 | 644 | 638 | 596 | 583 | 1,219 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 32,493 | 30,123 | 28,601 | 28,382 | 27,708 | 13,951 | 6,738 |
| Revenue growth | +7.9% | +5.3% | +0.8% | +2.4% | +98.6% | +107.0% | - |
| Other income | 819 | 764 | 1,490 | 578 | 458 | 816 | 466 |
| Total expenses | 14,696 | 9,482 | 14,044 | 19,206 | 12,820 | 6,773 | 3,181 |
| Employee cost | 878 | 841 | 782 | 774 | 772 | 513 | 294 |
| EBITDA | 17,797 | 20,641 | 14,557 | 9,176 | 14,888 | 7,178 | 3,557 |
| EBITDA margin | +54.8% | +68.5% | +50.9% | +32.3% | +53.7% | +51.5% | +52.8% |
| Depreciation | 7,139 | 6,400 | 6,056 | 5,322 | 5,320 | 2,843 | 1,277 |
| Interest | 1,893 | 1,858 | 1,864 | 1,670 | 1,602 | 835 | 333 |
| Profit before tax | 9,584 | 13,147 | 8,127 | 2,762 | 8,424 | 4,316 | 2,412 |
| Tax | 2,449 | 3,224 | 2,086 | 719 | 2,057 | 978 | 666 |
| Net profit | 6,704 | 9,588 | 5,829 | 2,103 | 6,160 | 3,177 | 1,513 |
| Net profit margin | +20.6% | +31.8% | +20.4% | +7.4% | +22.2% | +22.8% | +22.5% |
| EPS (βΉ) | 27.05 | 37.61 | 22.42 | 7.58 | 23.63 | 12.39 | 9.44 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 2,638 | 2,638 | 2,695 | 2,695 | 2,695 | 2,695 | 1,850 |
| Reserves & surplus | 37,041 | 29,899 | 24,379 | 18,440 | 19,481 | 13,202 | 12,031 |
| Shareholders' funds (net worth) | 39,679 | 32,537 | 27,074 | 21,135 | 22,176 | 15,897 | 13,881 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 167 | 0.00 |
| Unsecured loans | 21,127 | 21,156 | 20,531 | 19,185 | 19,726 | 21,393 | 4,608 |
| Total debt | 21,127 | 21,156 | 20,531 | 19,185 | 19,726 | 21,560 | 4,608 |
| Total liabilities | 65,177 | 57,692 | 50,953 | 42,765 | 44,338 | 39,765 | 18,907 |
| Assets | |||||||
| Gross block | 98,670 | 90,441 | 79,599 | 70,663 | 68,406 | 66,748 | 17,416 |
| Net block | 49,512 | 44,375 | 39,294 | 32,373 | 31,814 | 31,770 | 6,679 |
| Capital work in progress | 623 | 567 | 422 | 354 | 177 | 271 | 53.30 |
| Investments | 4,336 | 1,506 | 22.80 | 291 | 1,667 | 2,286 | 11,492 |
| Inventories | 26.80 | 7.60 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 4,939 | 4,768 | 6,451 | 4,869 | 7,058 | 3,828 | 367 |
| Cash & bank balances | 1,527 | 1,855 | 58.00 | 21.80 | 980 | 13.00 | 147 |
| Loans & advances | 4,747 | 4,841 | 3,990 | 3,555 | 2,636 | 3,520 | 716 |
| Total current assets | 11,240 | 11,471 | 10,499 | 8,445 | 10,675 | 7,361 | 1,229 |
| Total current liabilities | 5,410 | 5,111 | 4,948 | 3,830 | 3,558 | 5,110 | 1,165 |
| Net working capital | 5,830 | 6,360 | 5,551 | 4,615 | 7,117 | 2,251 | 64.40 |
| Total assets | 65,177 | 57,692 | 50,953 | 42,765 | 44,338 | 39,765 | 18,907 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 149 | 58.00 | 21.80 | 980 | 12.80 | 112 | (5.50) |
| Net cash from operating activities | 15,665 | 19,638 | 11,583 | 7,907 | 9,112 | 7,477 | 2,305 |
| Net cash from investing activities | (10,237) | (10,925) | (7,565) | (1,739) | (2,182) | 1,804 | (1,009) |
| Net cash from financing activities | (5,554) | (8,622) | (3,982) | (7,126) | (5,964) | (9,381) | (1,179) |
| Net change in cash | (127) | 91.00 | 36.20 | (958) | 967 | (99.10) | 117 |
| Closing cash | 1,527 | 1,855 | 58.00 | 21.80 | 980 | 13.00 | 147 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.9% | +5.3% | +0.8% | +2.4% | +98.6% | +107.0% | - |
| EBITDA growth | -13.8% | +41.8% | +58.6% | -38.4% | +107.4% | +101.8% | - |
| PBT growth | -27.1% | +61.8% | +194.3% | -67.2% | +95.2% | +78.9% | -34.2% |
| Net income growth | -30.1% | +64.5% | +177.2% | -65.9% | +93.9% | +109.9% | - |
| Revenue CAGR (3Y) | +4.6% | +2.8% | +27.0% | +61.5% | +59.6% | +28.2% | +3.5% |
| EBITDA CAGR (3Y) | +24.7% | +11.5% | +26.6% | +37.2% | +68.5% | +31.9% | +8.0% |
| Profitability & leverage | |||||||
| Net income margin | +22.0% | +32.9% | +21.1% | +7.2% | +23.0% | +23.9% | +25.9% |
| Return on capital employed | +18.7% | +27.6% | +21.3% | +10.2% | +23.8% | +17.6% | +13.8% |
| Return on net worth | +19.8% | +33.3% | +25.1% | +9.4% | +33.5% | +22.4% | +10.2% |
| Debt / equity | 0.59 | 0.70 | 0.82 | 0.90 | 1.08 | 0.88 | 0.16 |
| Long-term debt / equity | 0.47 | 0.53 | 0.63 | 0.68 | 0.71 | 0.49 | 0.07 |
| Interest cover | 17.76 | 13.05 | 21.92 | 43.33 | 16.75 | 19.26 | 14.62 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.34 | 0.35 | 0.38 | 0.41 | 0.41 | 0.33 | 0.42 |
| Inventory turnover | 1,889.13 | 7,927.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 6.69 | 5.37 | 5.05 | 4.76 | 5.09 | 6.65 | 14.78 |
| EPS (βΉ) | 27.05 | 37.61 | 22.42 | 7.58 | 23.63 | 12.39 | 9.44 |
| Dividend per share (βΉ) | 14.00 | 0.00 | 0.00 | 0.00 | 11.00 | 20.12 | 10.50 |
| Book value per share (βΉ) | 150.41 | 123.33 | 100.46 | 78.42 | 82.29 | 58.99 | 75.05 |
Timeline of Bharti Infratel
4 dated milestones of Bharti Infratel across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Bharti Infratel is founded.
- Funding First funding round.
- Funding Latest funding round, Private Equity Round, of $250.0M.
- IPO Lists on the stock exchange (IPO).
Web traffic of Bharti Infratel
Websites that share an audience with Bharti Infratel (bharti-infratel.com).
Websites whose visitors overlap most with Bharti Infratel. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
in.reuters.com | in.reuters.com | 100% | β | ||
| tower-vision.com | 97% | View details | |||
| nsrpartners.com | 62% | #11,603,184 | View details | ||
| tower-bersama.com | 52% | 48.3K | #351,888 | View details | |
en.wikipedia.org | en.wikipedia.org | 33% | β | ||
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Frequently Asked Questions about Bharti Infratel
Bharti Infratel was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Bharti Infratel is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Bharti Infratel is a funded company, having raised a total of $250M across 2 funding rounds to date.
Bharti Infratel has 3,645 employees.
The primary company behind Bharti Infratel, Indus Towers Limited, reported revenue of βΉ33,312 Cr for FY 2026, up 8% year on year.
Bharti Infratel was established in 2006 and is based in Gurugram, India. An online platform is operated to deliver passive telecom tower solutions for mobile and wireless providers. Shared access is facilitated across an extensive network to improve efficiency and coverage. Installations, maintenance, and upgrades are managed through streamlined processes in the telecom infrastructure sector.
Yes, Bharti Infratel is publicly traded on NSE under the ticker symbol INDUSTOWER.
Bharti Infratel has 7 investors. Key investors include Goldman Sachs, Citi, KKR, Macquarie Group, and Temasek.
Bharti Infratel operates through Indus Towers Limited.
The legal entities of Bharti Infratel currently have 12 directors, including Harjeet Kohli, Randeep Singh Sekhon, Samridhi Rodhe and others.
