- Total income
- ₹30,887 Cr
- Profit
- ₹9,932 Cr
About Indus Towers
Indus Towers is a publicly listed company based in Gurugram (India) founded in 2007, and was acquired by Airtel in November 2025. Passive telecom infrastructure is installed, owned, and managed for operators. The company has 10,730 employees. Its chief executive, as recorded, is Prachur Sah. Its website industowers.com draws about 199 thousand monthly visits. Its Indian entity Indus Towers Limited reported revenue of βΉ33,312 Cr. Indus Towers offers products and services including Telecom Towers and Smart Cities. Its focus areas include Telecom and Telecom Infrastructure.
Company details
Indus Towers was founded in 2007 and is headquartered in Gurugram, India. Operations focus on the telecom infrastructure sector, where passive elements such as towers are installed, owned, and maintained. Services enable multiple telecom operators to share infrastructure by hosting active equipment on shared sites, which supports cost efficiencies across the industry. Coverage extends primarily within India, addressing wireless communication needs.
Indus Towers is ranked #92 on the Fortune India 500 (2025).
Recognitions & Rankings of Indus Towers
- Valuation
- ₹97,550 Cr
- Headquarters Gurugram, India
- Employees 10,730
- Stage Public
- SectorsTelecommunications
- Website category Computers Electronics and Technology · Telecommunications
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website industowers.com
- Social LinkedIn Facebook Instagram
- Acquired by Airtel (Nov 2025)
- Legal Name Indus Towers Limited
- Market Cap₹99,802 Cr
INDUSTOWER · NSE
- Share Price₹383.00
+1.24% 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)13.9x
P/B 2.5x
- ROE19.8%
ROCE 18.7%
- Debt / Equity0.59
Interest cover 17.7x
- InvestorsAirtel
& 1 more
- Employee Count10,730
- Acquired byAirtel
(Nov 2025)
Associated legal entities of Indus Towers
Indus Towers 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 |
Products & Services of Indus Towers
Indus Towers offers a comprehensive portfolio of products and services, including Telecom Towers and Smart Cities.
Telecom towers are installed and managed to provide mobile network coverage across various regions.
Smart city solutions are offered to enhance urban infrastructure and technology integration.
Funding Insights of Indus Towers
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Indus Towers 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 |
|---|---|---|---|---|---|
| Oct 2016 | Post-IPO | β | β |
2 investors in total: 2 institutional.
Investors in Indus Towers
Indus Towers has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Airtel and Providence Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments in media, communications, education, and technology sectors. | provequity.com | |||
Global telecommunications company | 1995 | airtel.com | Delhi, India |
Investor details for Indus Towers
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 (Indus Towers)
Indus Towers Limited is the primary company behind Indus Towers. 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 9 mo | Indus Towers Limited |
| Ramesh Abhishek DIN 07452293 | Director | 03 Jan 2023 | 3 yrs 9 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 |
People of Indus Towers
238 people are tracked at Indus Towers (89 in leadership, 149 in team); the tracked headcount is 10,730.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership | |
Pushkar Singh Kataria | Chief Human Resources Officer | Leadership |
Rajinder Kumar | Legal Chief & Company Secretary | Leadership |
| Director | Leadership | |
Velloor Venkatakrishnan Ranganathan | Director | Leadership |
Rita Bhagwati | Leadership | |
Hemant Kumar Ruia | CFO | Leadership |
Viresh Dayal | Leadership | |
| Non-Executive Director | Leadership | |
Paul Michael Donovan | Director | Leadership |
R. Ramanujam | CTO | Leadership |
Tejinder Kalra | Chief Operating Officer | Leadership |
Priyadharshini Vijay | Circle Finance Head | Leadership |
Satyajit Das | Circle Finance Head | Leadership |
Kamal Sharma | Head SCM | Leadership |
Neeti Wahi | Chief Digital And Information Officer | Leadership |
Anil Gupta | Chief Supply Chain Management Officer | Leadership |
Sabin Balan | Head Finance | Leadership |
Virender Singhroha | General Manager - Supply Chain Management | Leadership |
Manish Kunal | Vice President & Head - Energy | Leadership |
218 more people are available in the full profile.
Complete people profiles for Indus Towers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Indus Towers
Indus Towers is a publicly listed company on the NSE with ticker symbol INDUSTOWER in India, operating in the Finance 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 onBSE: 534816 · NSE: INDUSTOWER
- Listed entityIndus Towers Limited
- Exchange sectorFinance
- ISININE121J01017
- Share price₹376.80 (-0.51% on the day) · 2026-10-14
- Market capitalisation₹99,467 Cr
- Price to earnings13.9
- EPS (diluted, trailing year)₹27.13
- Dividend yield3.71%
- Volume (last session)3,806,585
Financials of Indus Towers
Exchange-reported figures of Indus Towers Limited, the listed company behind Indus Towers (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 Indus Towers
4 dated milestones of Indus Towers across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Indus Towers is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round.
- Exit Acquired by Airtel.
Web traffic of Indus Towers
The website of Indus Towers (industowers.com) receives about 198.6K visits a month and ranks #156,220 among all websites worldwide, #1,099 in Telecommunications.
- Monthly visits198.6K
▲ 33.7% vs previous month
- Unique visitors39.9K
per month
- Global rank#156,220
among all websites
- Category rank#1,099
Computers Electronics and Technology · Telecommunications
- Bounce rate21%
- Pages per visit15.8
- Average visit15 min 46 sec
- DevicesDesktop 68% Β· Mobile 32%
Websites whose visitors overlap most with Indus Towers. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| airtel.in | 100% | 26.2M | #2,149 | View details | |
dslindia.com | dslindia.com | 99% | β | ||
whytelecom.com | whytelecom.com | 96% | β | ||
| antennasearch.com | 94% | #511,323 | View details | ||
| opencellid.org | 94% | 89.4K | #238,077 | View details | |
| 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 |
| 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 |
| 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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- Audience overlap
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Related news about Indus Towers
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Frequently Asked Questions about Indus Towers
Indus Towers was founded in 2007 and raised its 1st funding round 9 years after it was founded.
Indus Towers is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Prachur Sah is the CEO of Indus Towers, as recorded in our data.
Indus Towers has 10,730 employees.
The primary company behind Indus Towers, Indus Towers Limited, reported revenue of βΉ33,312 Cr for FY 2026, up 8% year on year.
Indus Towers was founded in 2007 and is headquartered in Gurugram, India. Operations focus on the telecom infrastructure sector, where passive elements such as towers are installed, owned, and maintained. Services enable multiple telecom operators to share infrastructure by hosting active equipment on shared sites, which supports cost efficiencies across the industry. Coverage extends primarily within India, addressing wireless communication needs.
Indus Towers offers Telecom Towers and Smart Cities.
Yes, Indus Towers is publicly traded on NSE under the ticker symbol INDUSTOWER.
Indus Towers has 2 investors. Key investors include Airtel, and Providence Equity.
Indus Towers operates through Indus Towers Limited.
Yes. Indus Towers was acquired by Airtel in November 2025.
The legal entities of Indus Towers currently have 12 directors, including Harjeet Kohli, Randeep Singh Sekhon, Samridhi Rodhe and others.

