Indus Towers Limited

BSE: 534816 NSE: INDUSTOWER
Indus Towers Limited - telecom in Gurugram, Haryana, India. FY 2026 financials & compliance.
CIN L64201HR2006PLC073821 Incorporated 30 November 2006 ROC Haryana HQ Gurugram, Haryana, India
Active Listed - NSE: INDUSTOWER · BSE: 534816 Public Limited Company telecom Fortune India 500 · #92 Nifty 500
Data last updated
Market Cap
₹1,00,738 Cr
INDUSTOWER · NSE
Share Price
₹380.00
-0.48% 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)
14.0x
P/B 2.5x
ROE
19.8%
ROCE 18.7%
Debt / Equity
0.59
Interest cover 17.7x

About Indus Towers Limited

Data last updated:

Indus Towers Limited is a public limited company based in Gurugram, Haryana, India. It operates in the telecom infrastructure segment of the telecommunications sector. It was incorporated on 30 November 2006 and has been in existence for over 20 years.

Indus Towers is ranked #92 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Rakesh Bharti Mittal and family are #42 among India's richest people (2026). Its director Rajan Bharti Mittal and family are #42 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L64201HR2006PLC073821. Its GSTIN is 06AADCB0274F1Z4 (Haryana). The company holds 48 GST registrations, of which 32 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 534816 and NSE: INDUSTOWER.

The company has an authorised share capital of ₹3,550 Cr and a paid-up capital of ₹2,638.16 Cr. It was formerly known as Bharti Infratel Limited. It is led by directors including Prachur Sah (Managing Director) and Harjeet Kohli.

Its last annual general meeting (AGM) was held on 19 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Building No. 10 Tower A 4th Floor DLF Cyber City, Gurugram, Haryana, India – 122002.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹32,493 Cr, a growth of 7.9% compared to the previous year. For the same year it recorded a net profit of ₹6,714.11 Cr (net margin 20.7%) and EBITDA of ₹17,813 Cr (EBITDA margin 54.8%). The net worth stands at ₹39,646 Cr (up 22% YoY). Total assets are valued at ₹65,143 Cr (up 13% YoY).

The company has about 3,630 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 2 brands: Gurushala and Indus Towers. As per MCA filings, the company has satisfied charges of ₹8,100 Cr on record. Court records list 2,076 cases involving the company, including 1,350 filed by the company and 726 filed against it; 185 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website industowers.com.

Company details

CIN L64201HR2006PLC073821
Registration Number 073821
Incorporation Date 30 November 2006
ROC Haryana
Listing Status Listed - Listed on NSE (INDUSTOWER); Listed on BSE (534816)
Company Status Active
Date of Last AGM 19 August 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Indus Towers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L64201HR2006PLC073821, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L64201HR2006PLC073821Current
U64201DL2006PLC156038Previous
L64201DL2006PLC156038Previous
Key People
Prachur Sah Managing Director Harjeet Kohli Director Randeep Singh Sekhon Additional Director

Recognitions & Rankings of Indus Towers

Fortune India 500 2025 edition
Rank#92
Total income
₹30,887 Cr
Profit
₹9,932 Cr
Last year #83
India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#68
Valuation
₹97,550 Cr
2023 #104 2022 #83 2021 #62
Stock market indices
Nifty 500 BSE 500

Contact details

Indus Towers Limited's registered office is in Gurugram, Haryana. Its website is industowers.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    industowers.com
  • Social Media
  • Registered Address
    Building No. 10 Tower A 4th Floor DLF Cyber City, Gurugram, Haryana, India – 122002
  • Industry
    Telecom, Telecom Infrastructure

To see the full contact details of Indus Towers Limited, buy the company report.

Comprehensive company report
Indus Towers Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Indus Towers operates two associated brands: Gurushala and Indus Towers. Each brand links to its own profile.

BrandDescriptionWebsite
Gurushala
Online platform offering educational tools, courses, and communities for teachers and students.gurushala.co
Indus Towers
Passive telecom infrastructure is installed, owned, and managed for operators.industowers.com

Business activity

The main business activity of Indus Towers is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Indus Towers Limited, buy the company report.

Financials of Indus Towers Limited

FY 2025-26 filings available

Indus Towers Limited reported revenue of ₹32,493 Cr (up 7.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹32,493 Cr
+7.9% YoY
EBITDA
₹17,813 Cr
-13.7% YoY
Profit After Tax
₹6,714 Cr
-30.0% YoY
Net Worth
₹39,646 Cr
+22.0% YoY
Total Assets
₹65,143 Cr
+13.0% YoY
Total Debt
₹21,127 Cr
-0.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue32,49330,12328,60128,38227,71713,9546,743
Revenue growth+7.9%+5.3%+0.8%+2.4%+98.6%+106.9%-
EBITDA17,81320,65014,5579,17614,9017,1793,558
EBITDA margin+54.8%+68.6%+50.9%+32.3%+53.8%+51.5%+52.8%
Profit before tax9,59813,1548,1222,7598,4314,7573,788
Net profit6,7149,5975,8252,1006,1663,6133,026
Net profit margin+20.7%+31.9%+20.4%+7.4%+22.2%+25.9%+44.9%
EPS (₹)27.0837.6522.407.5723.6514.0217.83
Balance sheet
Total assets65,14357,65350,91842,74044,31339,76118,587
Net worth39,64632,49827,03921,11022,15015,87713,542
Total debt21,12721,15620,53119,18519,72621,5764,627
Cash & bank1,5521,85663.1022.4098014.50147
Net working capital5,8086,3345,5404,6007,0972,24646.70
Cash flow
Cash from operations15,68419,64511,5827,9059,1217,4812,315
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)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8,4318,1018,1468,1888,0587,7277,5477,465
Revenue growth (YoY)+4.6%+4.8%+7.9%+9.7%+9.1%---
Other income12115515482.9085.1091.7083.80114
EBITDA4,4784,4244,4684,5724,3904,3956,9584,864
EBITDA margin+53.1%+54.6%+54.8%+55.8%+54.5%+56.9%+92.2%+65.2%
Depreciation1,8941,8381,7981,8011,7041,6931,5681,580
Interest358376404376437431255418
Profit before tax2,3472,3652,4202,4782,3342,3635,2192,980
Tax6025726446395975841,216757
Net profit1,7461,7931,7761,8391,7371,7794,0032,224
EPS (₹)6.626.806.736.976.596.7515.178.30
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue32,49330,12328,60128,38227,70813,9516,738
Revenue growth+7.9%+5.3%+0.8%+2.4%+98.6%+107.0%-
EBITDA17,79720,64114,5579,17614,8887,1783,557
EBITDA margin+54.8%+68.5%+50.9%+32.3%+53.7%+51.5%+52.8%
Profit before tax9,58413,1478,1272,7628,4244,3162,412
Net profit6,7049,5885,8292,1036,1603,1771,513
Net profit margin+20.6%+31.8%+20.4%+7.4%+22.2%+22.8%+22.5%
EPS (₹)27.0537.6122.427.5823.6312.399.44
Balance sheet
Total assets65,17757,69250,95342,76544,33839,76518,907
Net worth39,67932,53727,07421,13522,17615,89713,881
Total debt21,12721,15620,53119,18519,72621,5604,608
Cash & bank1,5271,85558.0021.8098013.00147
Net working capital5,8306,3605,5514,6157,1172,25164.40
Cash flow
Cash from operations15,66519,63811,5837,9079,1127,4772,305
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)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8,4318,1018,1468,1888,0587,7277,5477,465
Revenue growth (YoY)+4.6%+4.8%+7.9%+9.7%+9.1%---
Other income12115615482.9085.1091.7083.90114
Total expenses3,9553,6833,6813,6203,7123,4075932,603
EBITDA4,4764,4184,4654,5684,3464,3206,9544,862
EBITDA margin+53.1%+54.5%+54.8%+55.8%+53.9%+55.9%+92.1%+65.1%
Depreciation1,8931,8371,7981,8001,7041,6921,5681,580
Interest358376403376396360255418
Profit before tax2,3472,3602,4182,4752,3312,3605,2162,979
Tax6025716446385965831,219757

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8,4318,1018,1468,1888,0587,7277,5477,465
Revenue growth (YoY)+4.6%+4.8%+7.9%+9.7%+9.1%---
Other income12115515482.9085.1091.7083.80114
EBITDA4,4784,4244,4684,5724,3904,3956,9584,864
EBITDA margin+53.1%+54.6%+54.8%+55.8%+54.5%+56.9%+92.2%+65.2%
Depreciation1,8941,8381,7981,8011,7041,6931,5681,580
Interest358376404376437431255418
Profit before tax2,3472,3652,4202,4782,3342,3635,2192,980
Tax6025726446395975841,216757
Net profit1,7461,7931,7761,8391,7371,7794,0032,224
EPS (₹)6.626.806.736.976.596.7515.178.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue32,49330,12328,60128,38227,71713,9546,743
Revenue growth+7.9%+5.3%+0.8%+2.4%+98.6%+106.9%-
Other income8187641,4905784581,2621,846
Total expenses14,6809,47314,04419,20612,8166,7753,185
Employee cost878841782774772513294
EBITDA17,81320,65014,5579,17614,9017,1793,558
EBITDA margin+54.8%+68.6%+50.9%+32.3%+53.8%+51.5%+52.8%
Depreciation7,1416,4026,0605,3245,3252,8481,282
Interest1,8931,8581,8641,6701,603836335
Profit before tax9,59813,1548,1222,7598,4314,7573,788
Tax2,4533,2222,0867192,058978489
Net profit6,7149,5975,8252,1006,1663,6133,026
Net profit margin+20.7%+31.9%+20.4%+7.4%+22.2%+25.9%+44.9%
EPS (₹)27.0837.6522.407.5723.6514.0217.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital2,6382,6382,6952,6952,6952,6951,850
Reserves & surplus37,05029,89724,34418,41519,45613,18211,693
Shareholders' funds (net worth)39,64632,49827,03921,11022,15015,87713,542
Minority interest0.000.000.000.000.000.000.00
Secured loans0.000.000.000.000.001670.00
Unsecured loans21,12721,15620,53119,18519,72621,4094,627
Total debt21,12721,15620,53119,18519,72621,5764,627
Total liabilities65,14357,65350,91842,74044,31339,76118,587
Assets
Gross block98,67690,44779,60570,67268,41466,77317,136
Net block49,51444,38039,30032,38431,82631,8006,714
Capital work in progress63056742235517927454.50
Investments4,3161,4862.802761,6522,27111,170
Inventories26.807.600.000.000.000.000.00
Sundry debtors4,9394,7686,4514,8697,0593,828367
Cash & bank balances1,5521,85663.1022.4098014.50147
Loans & advances4,6954,8123,9763,5412,6203,515699
Total current assets11,21311,44410,4908,43210,6597,3581,213
Total current liabilities5,4065,1104,9503,8323,5625,1121,166
Net working capital5,8086,3345,5404,6007,0972,24646.70
Total assets65,14357,65350,91842,74044,31339,76118,587
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash15063.1022.4098014.30112(5.40)
Net cash from operating activities15,68419,64511,5827,9059,1217,4812,315
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)86.6040.70(958)966(97.80)118
Closing cash1,5521,85663.1022.4098014.50147
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.590.700.820.901.090.890.17
Long-term debt / equity0.470.530.630.680.720.500.07
Interest cover17.7413.0421.9443.3716.7419.3114.72
Efficiency & per share
Fixed asset turnover0.340.350.380.410.410.330.42
Inventory turnover1,889.137,927.050.000.000.000.000.00
Debtors turnover6.695.375.054.765.096.6514.69
EPS (₹)27.0837.6522.407.5723.6514.0217.83
Dividend per share (₹)14.000.000.000.0011.0020.1210.50
Book value per share (₹)150.44123.33100.3378.3382.1958.9173.22
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue8,4318,1018,1468,1888,0587,7277,5477,465
Revenue growth (YoY)+4.6%+4.8%+7.9%+9.7%+9.1%---
Other income12115615482.9085.1091.7083.90114
Total expenses3,9553,6833,6813,6203,7123,4075932,603
EBITDA4,4764,4184,4654,5684,3464,3206,9544,862
EBITDA margin+53.1%+54.5%+54.8%+55.8%+53.9%+55.9%+92.1%+65.1%
Depreciation1,8931,8371,7981,8001,7041,6921,5681,580
Interest358376403376396360255418
Profit before tax2,3472,3602,4182,4752,3312,3605,2162,979
Tax6025716446385965831,219757
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue32,49330,12328,60128,38227,70813,9516,738
Revenue growth+7.9%+5.3%+0.8%+2.4%+98.6%+107.0%-
Other income8197641,490578458816466
Total expenses14,6969,48214,04419,20612,8206,7733,181
Employee cost878841782774772513294
EBITDA17,79720,64114,5579,17614,8887,1783,557
EBITDA margin+54.8%+68.5%+50.9%+32.3%+53.7%+51.5%+52.8%
Depreciation7,1396,4006,0565,3225,3202,8431,277
Interest1,8931,8581,8641,6701,602835333
Profit before tax9,58413,1478,1272,7628,4244,3162,412
Tax2,4493,2242,0867192,057978666
Net profit6,7049,5885,8292,1036,1603,1771,513
Net profit margin+20.6%+31.8%+20.4%+7.4%+22.2%+22.8%+22.5%
EPS (₹)27.0537.6122.427.5823.6312.399.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital2,6382,6382,6952,6952,6952,6951,850
Reserves & surplus37,04129,89924,37918,44019,48113,20212,031
Shareholders' funds (net worth)39,67932,53727,07421,13522,17615,89713,881
Secured loans0.000.000.000.000.001670.00
Unsecured loans21,12721,15620,53119,18519,72621,3934,608
Total debt21,12721,15620,53119,18519,72621,5604,608
Total liabilities65,17757,69250,95342,76544,33839,76518,907
Assets
Gross block98,67090,44179,59970,66368,40666,74817,416
Net block49,51244,37539,29432,37331,81431,7706,679
Capital work in progress62356742235417727153.30
Investments4,3361,50622.802911,6672,28611,492
Inventories26.807.600.000.000.000.000.00
Sundry debtors4,9394,7686,4514,8697,0583,828367
Cash & bank balances1,5271,85558.0021.8098013.00147
Loans & advances4,7474,8413,9903,5552,6363,520716
Total current assets11,24011,47110,4998,44510,6757,3611,229
Total current liabilities5,4105,1114,9483,8303,5585,1101,165
Net working capital5,8306,3605,5514,6157,1172,25164.40
Total assets65,17757,69250,95342,76544,33839,76518,907
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash14958.0021.8098012.80112(5.50)
Net cash from operating activities15,66519,63811,5837,9079,1127,4772,305
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)91.0036.20(958)967(99.10)117
Closing cash1,5271,85558.0021.8098013.00147
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.590.700.820.901.080.880.16
Long-term debt / equity0.470.530.630.680.710.490.07
Interest cover17.7613.0521.9243.3316.7519.2614.62
Efficiency & per share
Fixed asset turnover0.340.350.380.410.410.330.42
Inventory turnover1,889.137,927.050.000.000.000.000.00
Debtors turnover6.695.375.054.765.096.6514.78
EPS (₹)27.0537.6122.427.5823.6312.399.44
Dividend per share (₹)14.000.000.000.0011.0020.1210.50
Book value per share (₹)150.41123.33100.4678.4282.2958.9975.05

To see the full year-wise statements and ratios of Indus Towers Limited, buy the company report.

Board of directors of Indus Towers Limited

Indus Towers has 10 current directors and 42 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Harjeet Kohli
Also directs: Bharti Land Limited, Bharti Life Insurance Company Limited, Bharti Neo Ventures Limited and 5 more
Director19 Nov 20205 Years 11 MonthsCurrent
Randeep Singh SekhonAdditional Director01 May 20260 Years 5 MonthsCurrent
Rajan Bharti Mittal
Also directs: Marico Limited, Bharti Airtel Limited, Global Health Limited and 5 more
Director27 Jan 201610 Years 8 MonthsCurrent
Anita Kapur
Also directs: Shriram Properties Limited
Director17 Jan 20188 Years 9 MonthsCurrent
Sharad Bhansali
Also directs: Hindustan Media Ventures Limited
Director19 Nov 20205 Years 11 MonthsCurrent
Prachur Sah
Also directs: Indus Towers Global Ventures Ifsc Limited, Smartx Services Limited
Managing Director03 Jan 20233 Years 9 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Auditor

Indus Towers Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2023117366W/W-100018

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 51.30%, foreign institutional investors hold 23.20%, domestic institutional investors hold 21.50% and retail and other public shareholders hold 4.00%.

Promoters: 51.30%DII (Domestic Institutional): 21.50%FII (Foreign Institutional): 23.20%Retail & Others: 4.00%
Sep 2026
QUARTER
51.30% Promoters
21.50% DII (Domestic Institutional)
23.20% FII (Foreign Institutional)
4.00% Retail & Others
Promoter holding - history
Now 51.30% · Sep 2026High 51.30% · Jun 2026Low 51.00% · Dec 2025
50%50.8%51.5%52.3%53%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 51.00%Mar 2026: 51.00%Jun 2026: 51.30%Sep 2026: 51.30%51.30%51.00%51.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters51.30%51.30%51.00%51.00%
Public48.70%48.70%49.00%49.00%

Charges & borrowings

Open charges
None
Satisfied charges
₹8,100 Cr
Breakdown by lending institutions
Infrastructure Development Finance Company Limited₹6,600.00 Cr
Others₹1,500.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jan 201310403631Others₹1,500 CrSatisfied
04 Dec 200910191922Infrastructure Development Finance Company Limited₹6,600 CrSatisfied

To see the full charge records of Indus Towers Limited, buy the company report.

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Indus Towers Limited was last rated by Icra on 09 Apr 2021.

Rating agencyRated onRating
Icra09 Apr 2021

To see the full credit ratings and regulatory alerts of Indus Towers Limited, buy the company report.

MSME payment delays

Indus Towers Limited has 51 MSME Form 1 returns on record between 2020 and 2024, listing 9,289 overdue payments to 383 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 383)

SupplierAmount dueDue sinceReported on
an individual supplier
Mitra Precise Forge Private Limited
Marcom Infra Private Limited
D.C.Network
Deepak Coal Trade & Merchant Private Limited

To see the full MSME payment records of Indus Towers Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Indus Towers has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Smartx Services LimitedU64202DL2015PLC285515

To see the full group structure of Indus Towers Limited, buy the company report.

Employees & EPFO

Indus Towers Limited has a workforce of 3,630 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.

Employee count
3,630
Active EPFO establishments
2
Employee growth
6.67%

GST

Indus Towers has 48 GST registrations: 32 active and 16 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
48
Active
32
Cancelled / inactive
16
GSTINStateStatusRegistered on
06AADCB0274F1Z4HaryanaActive01 Jul 2017
06AADCB0274F2Z3HaryanaActive16 Jul 2017
02AADCB0274F1ZCHimachal PradeshActive01 Jul 2017
05AADCB0274F1Z6UttarakhandActive01 Jul 2017

To see the full GST registrations and return filing status of Indus Towers Limited, buy the company report.

Recent activity

Indus Towers Limited has 89 board changes on record since 2006: 51 appointments and 38 cessations. The latest: Randeep Singh Sekhon was appointed as Additional Director on 01 May 2026.

AGM
Indus Towers Limited last Annual general meeting of members was held on 19 Aug 2026 as per latest MCA records.
Appointed
Randeep Singh Sekhon was appointed as Additional Director.
Filing
Indus Towers Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Haryana.
Appointed
Rakesh Bharti Mittal was appointed as Director.
Ceased
Randeep Singh Sekhon ceased to be Director.
Appointed
Soumen Ray was appointed as Director.
Ceased
Ravinder Takkar ceased to be Director.
Ceased
Sunil Sood ceased to be Director.
Ceased
Thomas Reisten ceased to be Director.
Ceased
Sonu Halan Bhasin ceased to be Director.
Appointed
Jagdish Saksena Deepak was appointed as Director.
Ceased
Pankaj Tewari ceased to be Director.

85 earlier events are in the company report.

News

INDUSTOWER: Rs. 37.66 Crores BSE Block Trade; for ~ 999,060 Shares, at Rs. 377.00
25 Sep 2026 · Exchange Update
Indus Towers: UBS on Indus Towers Maintains Sell, Target Price ₹395, as telco network expansion supports growth with Vodafone Idea’s network expansion the key near-term opportunity; energy efficiency and network quality provide differentiation, while Africa offers long-term potential but with higher costs and return thresholds.
16 Sep 2026 · Exchange Update

From our blog

Frequently asked questions

Indus Towers is an active public limited company based in Gurugram, Haryana, India. The company works in telecom infrastructure, within the telecom industry. It was incorporated on 30 November 2006 (20+ years old) and is registered under CIN L64201HR2006PLC073821. Listed on BSE: 534816 and NSE: INDUSTOWER.

Indus Towers reported revenue of ₹32,493 Cr for FY 2025-26 (up 7.9% YoY) based on consolidated financials.

Indus Towers has 10 current directors:

The latest financial statements of Indus Towers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 19 August 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Indus Towers is 06AADCB0274F1Z4, registered in Haryana. The company has 48 GST registrations in all, of which 32 are active and 16 are cancelled or inactive. Other active GSTINs include 06AADCB0274F2Z3 (Haryana), 02AADCB0274F1ZC (Himachal Pradesh), 05AADCB0274F1Z6 (Uttarakhand).

The CIN (Corporate Identification Number) of Indus Towers is L64201HR2006PLC073821. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Indus Towers is a listed company as per MCA records. Its shares are listed on both BSE (code: 534816) and NSE (symbol: INDUSTOWER).

Indus Towers has 2,076 court cases on record: 1,350 filed by the company and 726 filed against it. 185 are pending. Most are in the district courts.

Indus Towers was incorporated on 30 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Haryana.

Randeep Singh Sekhon was appointed as Additional Director on 01 May 2026. Rakesh Bharti Mittal was appointed as Director on 20 Jan 2025. Randeep Singh Sekhon ceased to be Director on 20 Jan 2025. Indus Towers has 89 board changes on record in total.

Indus Towers has 51 MSME Form 1 returns on record between 2020 and 2024, listing 9,289 overdue payments to 383 micro and small suppliers. The latest return was filed on 01 May 2024.