About Indus Towers Limited
Data last updated: 17 December 2025
Indus Towers Limited is a public limited company based in Gurugram, Haryana, India. It specialises in telecom infrastructure, a part of the broader telecommunications sector. Incorporated on 30 November 2006, the company has been in operation for over 20 years.
Registered with ROC Delhi under CIN L64201HR2006PLC073821. Listed on BSE: 534816 and NSE: NDUSTOWER.
Capital: an authorised share capital of ₹3,550 Cr and a paid-up capital of ₹2,638.16 Cr. Formerly known as Bharti Infratel Limited. It is led by directors including Gopal Vittal and Rakesh Bharti Mittal.
Last AGM: 29 August 2025. Financial statements filed for year ended 31 March 2025. Office: Building No. 10 Tower A 4Th Floor Dlf Cyber City, Gurugram, Haryana, India – 122002.
As per the financials filed for FY 2025, the company reported a revenue of ₹30,469 Cr, a growth of 5% compared to the previous year.
The company has a workforce of approximately 3,630 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Gurushala, Indus Towers. As per MCA filings, the company has satisfied charges of ₹8,100 Cr on record.
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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressBuilding No. 10 Tower A 4Th Floor Dlf Cyber City, Gurugram, Haryana, India – 122002
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IndustryTelecom, Telecom Infrastructure
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Indus Towers Limited
Indus Towers Limited 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.
| CIN | Status |
|---|---|
| L64201HR2006PLC073821 | Current |
| U64201DL2006PLC156038 | Previous |
| L64201DL2006PLC156038 | Previous |
Associated Brands with Indus Towers Limited
Indus Towers Limited operates two associated brands: Gurushala and Indus Towers. These brands represent Indus Towers Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online platform offering educational tools, courses, and communities for teachers and students. | gurushala.co | |
| Passive telecom infrastructure is installed, owned, and managed for operators. | industowers.com |
Competitors & Alternatives of Indus Towers Limited
Brands and companies operating in the same space as Indus Towers Limited include Aanaab, BloomBoard, Lumen Learning and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Training courses for teachers are provided through an online platform. | Saudi Arabia | 2016 |
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Professional development content for educators is delivered via a marketplace. | Palo Alto, United States, United States | 2010 |
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Teachers' professional development is facilitated through an online platform. | Portland, United States, United States | 2013 |
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Online mathematics resources are supplied to teachers and schools. | London, United Kingdom, United Kingdom | 2013 |
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Online professional development courses for teachers are provided self-paced. | Lakeville, United States, United States | 2002 |
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Provider of inquiry-based social studies curriculum and professional learning for engaging students and supporting teachers | Chicago, United States, United States | 2017 |
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Professional development for aspiring teachers is offered in key subjects. | Houston, United States, United States | 2004 |
Business Activity of Indus Towers Limited
Indus Towers Limited is engaged in the principal business activity of information and communication, with detailed activities including other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | ********* |
Auditor Details of Indus Towers Limited
Indus Towers Limited is audited by Deloitte Haskins & Sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Deloitte Haskins & Sells LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Indus Towers Limited
Indus Towers Limited is currently managed by 13 directors, with 50 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Vittal | Director | 19 Nov 2020 | 5 Years 7 Months | Current |
| Rakesh Bharti Mittal | Director | 20 Jan 2025 | 1 Years 5 Months | Current |
| Rajan Bharti Mittal | Director | 27 Jan 2016 | 10 Years 5 Months | Current |
| Prachur Sah | Ceo | 03 Jan 2023 | 3 Years 6 Months | Current |
| Jagdish Saksena Deepak | Director | 01 Aug 2024 | 1 Years 11 Months | Current |
|
Sharad Bhansali
Also directs:
Indus Towers Limited, Hindustan Media Ventures Limited
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Director | 19 Nov 2020 | 5 Years 7 Months | Current |
Financials of Indus Towers Limited FY 2026 filings available
Indus Towers Limited reported revenue of ₹32,493 Cr (up 7.87% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹32,493 Cr | ₹30,123 Cr | ₹28,601 Cr | ₹28,382 Cr | ₹27,717 Cr | ₹13,954 Cr | ₹6,743 Cr |
| Other Income | ₹477 Cr | ₹345.8 Cr | ₹361.1 Cr | ₹361.3 Cr | ₹352.5 Cr | ₹196.9 Cr | ₹128.7 Cr |
| Total Income | ₹32,970 Cr | ₹30,469 Cr | ₹28,962 Cr | ₹28,743 Cr | ₹28,070 Cr | ₹14,151 Cr | ₹6,871.7 Cr |
| Cost of Materials Consumed | ₹9.3 Cr | ₹3.8 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹878.2 Cr | ₹841.4 Cr | ₹782.3 Cr | ₹774.1 Cr | ₹772.2 Cr | ₹512.6 Cr | ₹293.5 Cr |
| Finance Costs | ₹1,893 Cr | ₹1,440 Cr | ₹735.4 Cr | ₹1,453.9 Cr | ₹1,497.3 Cr | ₹637.2 Cr | -₹2 Cr |
| Depreciation & Amortisation | ₹7,140.8 Cr | ₹6,402.1 Cr | ₹6,059.9 Cr | ₹5,323.9 Cr | ₹5,325.2 Cr | ₹2,848.4 Cr | ₹1,281.5 Cr |
| Other Expenses | ₹13,451 Cr | ₹8,627.6 Cr | ₹13,262 Cr | ₹17,939 Cr | ₹12,044 Cr | ₹6,262.4 Cr | ₹2,891.7 Cr |
| Total Expenses | ₹23,372 Cr | ₹17,315 Cr | ₹20,839 Cr | ₹25,491 Cr | ₹19,639 Cr | ₹10,261 Cr | ₹4,464.7 Cr |
| Profit Before Exceptional Items & Tax | ₹9,597.8 Cr | ₹13,154 Cr | ₹8,122.4 Cr | ₹3,252.1 Cr | ₹8,430.7 Cr | ₹3,890.6 Cr | ₹2,407 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹492.8 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹9,597.8 Cr | ₹13,154 Cr | ₹8,122.4 Cr | ₹2,759.3 Cr | ₹8,430.7 Cr | ₹3,890.6 Cr | ₹2,407 Cr |
| Total Tax Expense | ₹2,452.9 Cr | ₹3,222 Cr | ₹2,086.2 Cr | ₹719.3 Cr | ₹2,057.6 Cr | ₹977.9 Cr | ₹488.8 Cr |
| Net Profit | ₹7,144.9 Cr | ₹9,931.7 Cr | ₹6,036.2 Cr | ₹2,040 Cr | ₹6,373.1 Cr | ₹3,779 Cr | ₹3,298.7 Cr |
| attributable to Owners | ₹7,144.9 Cr | ₹9,931.7 Cr | - | ₹2,040 Cr | ₹0 | ₹3,779 Cr | ₹3,298.7 Cr |
| attributable to NCI | ₹0 | ₹0 | - | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | -₹40 Lakh | -₹3 Cr | -₹3.2 Cr | -₹80 Lakh | ₹3.6 Cr | ₹1.3 Cr | -₹11.9 Cr |
| Total Comprehensive Income | ₹7,144.5 Cr | ₹9,928.7 Cr | ₹6,033 Cr | ₹2,039.2 Cr | ₹6,376.7 Cr | ₹3,780.3 Cr | ₹3,286.8 Cr |
| EBITDA (computed) | ₹18,632 Cr | ₹20,996 Cr | ₹14,918 Cr | ₹10,030 Cr | ₹15,253 Cr | ₹7,376.2 Cr | ₹3,686.5 Cr |
| Basic EPS | ₹27.09 | ₹37.31 | ₹22.40 | ₹7.57 | ₹23.65 | ₹17.52 | ₹17.84 |
| Diluted EPS | ₹27.09 | ₹37.31 | ₹22.40 | ₹7.57 | ₹23.65 | ₹17.52 | ₹17.84 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹71,316 Cr | ₹63,170 Cr | ₹55,868 Cr | ₹46,572 Cr |
| Non-current Assets | ₹55,798 Cr | ₹50,240 Cr | ₹45,378 Cr | ₹37,865 Cr |
| Current Assets | ₹15,518 Cr | ₹12,930 Cr | ₹10,490 Cr | ₹8,707.6 Cr |
| Property, Plant & Equipment | ₹49,466 Cr | ₹44,342 Cr | ₹39,287 Cr | ₹32,361 Cr |
| Inventories | ₹26.8 Cr | ₹7.6 Cr | ₹0 | ₹0 |
| Trade Receivables | ₹4,939.3 Cr | ₹4,767.5 Cr | ₹6,450.7 Cr | ₹4,868.7 Cr |
| Cash & Equivalents | ₹47.3 Cr | ₹149.7 Cr | ₹63.1 Cr | ₹22.4 Cr |
| Equity (Net Worth) | ₹39,646 Cr | ₹32,498 Cr | ₹27,039 Cr | ₹21,110 Cr |
| Equity Share Capital | ₹2,638.1 Cr | ₹2,638.1 Cr | ₹2,694.9 Cr | ₹2,694.9 Cr |
| Borrowings (Non-current) | ₹0 | ₹153.2 Cr | ₹1,504.4 Cr | ₹2,434 Cr |
| Borrowings (Current) | ₹920.9 Cr | ₹2,109.2 Cr | ₹2,807.4 Cr | ₹2,278.6 Cr |
| Total Debt (computed) | ₹920.9 Cr | ₹2,262.4 Cr | ₹4,311.8 Cr | ₹4,712.6 Cr |
| Current Liabilities | ₹9,003 Cr | ₹9,786.8 Cr | ₹10,157 Cr | ₹8,162.8 Cr |
| Total Liabilities | ₹31,671 Cr | ₹30,672 Cr | ₹28,829 Cr | ₹25,463 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹15,684 Cr | ₹19,645 Cr | ₹11,582 Cr | ₹7,904.8 Cr | ₹9,121.2 Cr |
| Investing Cash Flow | -₹10,198 Cr | -₹10,911 Cr | -₹7,545.8 Cr | -₹1,730 Cr | -₹2,173.7 Cr |
| Financing Cash Flow | -₹5,588.1 Cr | -₹8,647.9 Cr | -₹3,995.6 Cr | -₹7,132.6 Cr | -₹5,981.6 Cr |
| Capital Expenditure | ₹8,625.8 Cr | ₹6,784 Cr | ₹8,952.9 Cr | ₹3,622.6 Cr | ₹3,285.1 Cr |
| Free Cash Flow (computed) | ₹7,058.2 Cr | ₹12,861 Cr | ₹2,629.2 Cr | ₹4,282.2 Cr | ₹5,836.1 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹2,963.8 Cr | ₹0 |
| Net Change in Cash | -₹102.4 Cr | ₹86.6 Cr | ₹40.7 Cr | -₹957.8 Cr | ₹965.9 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8,101 Cr | ₹8,146.3 Cr | ₹8,188.2 Cr | ₹8,057.6 Cr | ₹7,727.1 Cr | ₹7,547.4 Cr | ₹7,465.3 Cr | ₹7,383 Cr | ₹7,193.2 Cr | ₹7,199 Cr | ₹7,132.5 Cr | ₹7,075.9 Cr |
| Other Income | ₹155.2 Cr | ₹153.8 Cr | ₹82.9 Cr | ₹85.1 Cr | ₹91.7 Cr | ₹83.8 Cr | ₹113.9 Cr | ₹56.4 Cr | ₹108.5 Cr | ₹98.9 Cr | ₹97.2 Cr | ₹56.5 Cr |
| Total Income | ₹8,256.2 Cr | ₹8,300.1 Cr | ₹8,271.1 Cr | ₹8,142.7 Cr | ₹7,818.8 Cr | ₹7,631.2 Cr | ₹7,579.2 Cr | ₹7,439.4 Cr | ₹7,301.7 Cr | ₹7,297.9 Cr | ₹7,229.7 Cr | ₹7,132.4 Cr |
| Cost of Materials Consumed | ₹4.6 Cr | ₹2.6 Cr | ₹70 Lakh | ₹1.4 Cr | ₹3.8 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹230.7 Cr | ₹229.1 Cr | ₹205.1 Cr | ₹213.3 Cr | ₹220.3 Cr | ₹216.7 Cr | ₹207.3 Cr | ₹197.1 Cr | ₹203.1 Cr | ₹198.5 Cr | ₹195.7 Cr | ₹185 Cr |
| Finance Costs | ₹468.9 Cr | ₹487 Cr | ₹462.4 Cr | ₹396.5 Cr | ₹359.7 Cr | ₹254.6 Cr | ₹417.5 Cr | ₹408.2 Cr | ₹126.7 Cr | ₹10.7 Cr | ₹246.4 Cr | ₹351.6 Cr |
| Depreciation & Amortisation | ₹1,837.8 Cr | ₹1,797.9 Cr | ₹1,800.8 Cr | ₹1,704.3 Cr | ₹1,693 Cr | ₹1,568.5 Cr | ₹1,580.1 Cr | ₹1,560.5 Cr | ₹1,564.5 Cr | ₹1,595.7 Cr | ₹1,525.6 Cr | ₹1,374.1 Cr |
| Other Expenses | ₹3,348.9 Cr | ₹3,363.2 Cr | ₹3,323.7 Cr | ₹3,493.4 Cr | ₹3,179 Cr | ₹372.6 Cr | ₹2,394.2 Cr | ₹2,681.8 Cr | ₹2,918.5 Cr | ₹3,416.5 Cr | ₹3,515.3 Cr | ₹3,411.4 Cr |
| Total Expenses | ₹5,890.9 Cr | ₹5,879.8 Cr | ₹5,792.7 Cr | ₹5,808.9 Cr | ₹5,455.8 Cr | ₹2,412.4 Cr | ₹4,599.1 Cr | ₹4,847.6 Cr | ₹4,812.8 Cr | ₹5,221.4 Cr | ₹5,483 Cr | ₹5,322.1 Cr |
| Profit Before Exceptional Items & Tax | ₹2,365.3 Cr | ₹2,420.3 Cr | ₹2,478.4 Cr | ₹2,333.8 Cr | ₹2,363 Cr | ₹5,218.8 Cr | ₹2,980.1 Cr | ₹2,591.8 Cr | ₹2,488.9 Cr | ₹2,076.5 Cr | ₹1,746.7 Cr | ₹1,810.3 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2,365.3 Cr | ₹2,420.3 Cr | ₹2,478.4 Cr | ₹2,333.8 Cr | ₹2,363 Cr | ₹5,218.8 Cr | ₹2,980.1 Cr | ₹2,591.8 Cr | ₹2,488.9 Cr | ₹2,076.5 Cr | ₹1,746.7 Cr | ₹1,810.3 Cr |
| Total Tax Expense | ₹572.4 Cr | ₹644.4 Cr | ₹639.1 Cr | ₹597 Cr | ₹583.9 Cr | ₹1,215.6 Cr | ₹756.6 Cr | ₹665.9 Cr | ₹635.8 Cr | ₹536 Cr | ₹452 Cr | ₹462.4 Cr |
| Net Profit | ₹1,792.9 Cr | ₹1,775.9 Cr | ₹1,839.3 Cr | ₹1,736.8 Cr | ₹1,779.1 Cr | ₹4,003.2 Cr | ₹2,223.5 Cr | ₹1,925.9 Cr | ₹1,853.1 Cr | ₹1,540.5 Cr | ₹1,294.7 Cr | ₹1,347.9 Cr |
| attributable to Owners | ₹1,792.9 Cr | ₹1,775.9 Cr | ₹1,839.3 Cr | ₹1,736.8 Cr | ₹1,779.1 Cr | ₹4,003.2 Cr | ₹0 | - | - | ₹1,540.5 Cr | ₹1,294.7 Cr | ₹1,347.9 Cr |
| attributable to NCI | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | - | - | ₹0 | ₹0 | ₹0 |
| Other Comprehensive Income | ₹2.3 Cr | ₹0 | -₹2.7 Cr | ₹0 | -₹1.8 Cr | ₹0 | -₹1.2 Cr | ₹0 | ₹70 Lakh | ₹0 | -₹3.9 Cr | ₹0 |
| Total Comprehensive Income | ₹1,795.2 Cr | ₹1,775.9 Cr | ₹1,836.6 Cr | ₹1,736.8 Cr | ₹1,777.3 Cr | ₹4,003.2 Cr | ₹2,222.3 Cr | ₹1,925.9 Cr | ₹1,853.8 Cr | ₹1,540.5 Cr | ₹1,290.8 Cr | ₹1,347.9 Cr |
| EBITDA (computed) | ₹4,672 Cr | ₹4,705.2 Cr | ₹4,741.6 Cr | ₹4,434.6 Cr | ₹4,415.7 Cr | ₹7,041.9 Cr | ₹4,977.7 Cr | ₹4,560.5 Cr | ₹4,180.1 Cr | ₹3,682.9 Cr | ₹3,518.7 Cr | ₹3,536 Cr |
| Basic EPS | ₹6.80 | ₹6.73 | ₹6.97 | ₹6.59 | ₹6.75 | ₹15.18 | ₹8.30 | ₹7.15 | ₹6.88 | ₹5.72 | ₹4.81 | ₹5.00 |
| Diluted EPS | ₹6.80 | ₹6.73 | ₹6.97 | ₹6.59 | ₹6.75 | ₹15.18 | ₹8.30 | ₹7.15 | ₹6.88 | ₹5.72 | ₹4.80 | ₹5.00 |
| Segment · FY 2020 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Less: Revenue related to Joint venture (Indus) | -₹7,904.2 Cr | -₹2,179.1 Cr | - | - |
| Less: Share of assets/liabilties of joint venture | ₹0 | ₹0 | - | - |
| Less:Inter segment Profit | ₹0 | ₹0 | - | - |
| Less:Intersegment Assets/Liabilities | ₹0 | ₹0 | - | - |
| Share of (profit)/Loss of joint venture | ₹0 | ₹1,380.5 Cr | - | - |
| a) Infratel (including subsidiaries) | ₹6,743 Cr | ₹2,405 Cr | - | - |
| b) Indus ( Proportionate Share) | ₹7,907.8 Cr | ₹2,179.1 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹32,493 Cr | ₹30,123 Cr | ₹28,601 Cr | ₹28,382 Cr | ₹27,708 Cr | ₹13,951 Cr | ₹6,738.3 Cr |
| Other Income | ₹477.2 Cr | ₹345.8 Cr | ₹361.1 Cr | ₹361.2 Cr | ₹352.5 Cr | ₹616.8 Cr | ₹128.7 Cr |
| Total Income | ₹32,970 Cr | ₹30,469 Cr | ₹28,962 Cr | ₹28,743 Cr | ₹28,061 Cr | ₹14,568 Cr | ₹6,867 Cr |
| Cost of Materials Consumed | ₹9.3 Cr | ₹3.8 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹877.5 Cr | ₹841.3 Cr | ₹782.3 Cr | ₹774.1 Cr | ₹772.2 Cr | ₹512.6 Cr | ₹293.5 Cr |
| Finance Costs | ₹1,893 Cr | ₹1,440 Cr | ₹735.4 Cr | ₹1,453.9 Cr | ₹1,496.2 Cr | ₹635.9 Cr | -₹3.7 Cr |
| Depreciation & Amortisation | ₹7,138.8 Cr | ₹6,400 Cr | ₹6,055.6 Cr | ₹5,321.5 Cr | ₹5,320.3 Cr | ₹2,842.9 Cr | ₹1,277.4 Cr |
| Other Expenses | ₹13,468 Cr | ₹8,636.9 Cr | ₹13,261 Cr | ₹17,939 Cr | ₹12,048 Cr | ₹6,260.2 Cr | ₹2,887.6 Cr |
| Total Expenses | ₹23,387 Cr | ₹17,322 Cr | ₹20,835 Cr | ₹25,488 Cr | ₹19,636 Cr | ₹10,252 Cr | ₹4,454.8 Cr |
| Profit Before Exceptional Items & Tax | ₹9,583.7 Cr | ₹13,147 Cr | ₹8,127.2 Cr | ₹3,254.8 Cr | ₹8,424.3 Cr | ₹4,316 Cr | ₹2,412.2 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹492.8 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹9,583.7 Cr | ₹13,147 Cr | ₹8,127.2 Cr | ₹2,762 Cr | ₹8,424.3 Cr | ₹4,316 Cr | ₹2,412.2 Cr |
| Total Tax Expense | ₹2,448.9 Cr | ₹3,224.3 Cr | ₹2,086.2 Cr | ₹718.7 Cr | ₹2,057.2 Cr | ₹977.8 Cr | ₹665.6 Cr |
| Net Profit | ₹7,134.8 Cr | ₹9,922.3 Cr | ₹6,041 Cr | ₹2,043.3 Cr | ₹6,367.1 Cr | ₹3,338.2 Cr | ₹1,746.6 Cr |
| Other Comprehensive Income | -₹70 Lakh | -₹3 Cr | -₹3.2 Cr | -₹80 Lakh | ₹3.6 Cr | ₹2 Cr | -₹11 Cr |
| Total Comprehensive Income | ₹7,134.1 Cr | ₹9,919.3 Cr | ₹6,037.8 Cr | ₹2,042.5 Cr | ₹6,370.7 Cr | ₹3,340.2 Cr | ₹1,735.6 Cr |
| EBITDA (computed) | ₹18,616 Cr | ₹20,987 Cr | ₹14,918 Cr | ₹10,030 Cr | ₹15,241 Cr | ₹7,794.8 Cr | ₹3,685.9 Cr |
| Basic EPS | ₹27.04 | ₹37.27 | ₹22.42 | ₹7.58 | ₹23.63 | ₹15.47 | ₹9.44 |
| Diluted EPS | ₹27.04 | ₹37.27 | ₹22.42 | ₹7.58 | ₹23.63 | ₹15.47 | ₹9.44 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹71,354 Cr | ₹63,210 Cr | ₹55,901 Cr | ₹46,595 Cr |
| Non-current Assets | ₹55,808 Cr | ₹50,253 Cr | ₹45,402 Cr | ₹37,874 Cr |
| Current Assets | ₹15,546 Cr | ₹12,957 Cr | ₹10,499 Cr | ₹8,721 Cr |
| Property, Plant & Equipment | ₹49,463 Cr | ₹44,337 Cr | ₹39,281 Cr | ₹32,352 Cr |
| Inventories | ₹26.8 Cr | ₹7.6 Cr | ₹0 | ₹0 |
| Trade Receivables | ₹4,939.3 Cr | ₹4,767.5 Cr | ₹6,450.7 Cr | ₹4,868.7 Cr |
| Cash & Equivalents | ₹22.2 Cr | ₹149 Cr | ₹58 Cr | ₹21.8 Cr |
| Equity (Net Worth) | ₹39,679 Cr | ₹32,537 Cr | ₹27,074 Cr | ₹21,135 Cr |
| Equity Share Capital | ₹2,638.1 Cr | ₹2,638.1 Cr | ₹2,694.9 Cr | ₹2,694.9 Cr |
| Borrowings (Non-current) | ₹0 | ₹153.2 Cr | ₹1,504.4 Cr | ₹2,433.9 Cr |
| Borrowings (Current) | ₹920.9 Cr | ₹2,109.2 Cr | ₹2,807.4 Cr | ₹2,278.6 Cr |
| Total Debt (computed) | ₹920.9 Cr | ₹2,262.4 Cr | ₹4,311.8 Cr | ₹4,712.5 Cr |
| Current Liabilities | ₹9,007.4 Cr | ₹9,788.1 Cr | ₹10,155 Cr | ₹8,160.4 Cr |
| Total Liabilities | ₹31,675 Cr | ₹30,673 Cr | ₹28,827 Cr | ₹25,460 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹15,665 Cr | ₹19,638 Cr | ₹11,583 Cr | ₹7,906.7 Cr | ₹9,112.4 Cr |
| Investing Cash Flow | -₹10,237 Cr | -₹10,925 Cr | -₹7,564.5 Cr | -₹1,739 Cr | -₹2,181.6 Cr |
| Financing Cash Flow | -₹5,554.5 Cr | -₹8,622.1 Cr | -₹3,982.6 Cr | -₹7,125.9 Cr | -₹5,963.6 Cr |
| Capital Expenditure | ₹8,618.8 Cr | ₹6,783.8 Cr | ₹8,952.9 Cr | ₹3,622.4 Cr | ₹3,288.5 Cr |
| Free Cash Flow (computed) | ₹7,046.1 Cr | ₹12,854 Cr | ₹2,630.4 Cr | ₹4,284.3 Cr | ₹5,823.9 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹2,964.4 Cr | ₹0 |
| Net Change in Cash | -₹126.8 Cr | ₹91 Cr | ₹36.2 Cr | -₹958.2 Cr | ₹967.2 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8,101 Cr | ₹8,146.3 Cr | ₹8,188.2 Cr | ₹8,057.6 Cr | ₹7,727.1 Cr | ₹7,547.4 Cr | ₹7,465.3 Cr | ₹7,383 Cr | ₹7,193.2 Cr | ₹7,199 Cr | ₹7,132.5 Cr | ₹7,075.9 Cr |
| Other Income | ₹155.5 Cr | ₹153.7 Cr | ₹82.9 Cr | ₹85.1 Cr | ₹91.7 Cr | ₹83.9 Cr | ₹113.8 Cr | ₹56.4 Cr | ₹108.5 Cr | ₹98.9 Cr | ₹97.2 Cr | ₹56.5 Cr |
| Total Income | ₹8,256.5 Cr | ₹8,300 Cr | ₹8,271.1 Cr | ₹8,142.7 Cr | ₹7,818.8 Cr | ₹7,631.3 Cr | ₹7,579.1 Cr | ₹7,439.4 Cr | ₹7,301.7 Cr | ₹7,297.9 Cr | ₹7,229.7 Cr | ₹7,132.4 Cr |
| Cost of Materials Consumed | ₹4.6 Cr | ₹2.6 Cr | ₹70 Lakh | ₹1.4 Cr | ₹3.8 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹230.1 Cr | ₹229.1 Cr | ₹205 Cr | ₹213.3 Cr | ₹220.3 Cr | ₹216.7 Cr | ₹207.2 Cr | ₹197.1 Cr | ₹203.1 Cr | ₹198.5 Cr | ₹195.7 Cr | ₹185 Cr |
| Finance Costs | ₹468.9 Cr | ₹487 Cr | ₹462.4 Cr | ₹396.5 Cr | ₹359.7 Cr | ₹254.6 Cr | ₹417.5 Cr | ₹408.2 Cr | ₹126.7 Cr | ₹10.7 Cr | ₹246.4 Cr | ₹351.6 Cr |
| Depreciation & Amortisation | ₹1,837.3 Cr | ₹1,797.5 Cr | ₹1,800.2 Cr | ₹1,703.8 Cr | ₹1,692.5 Cr | ₹1,568 Cr | ₹1,579.6 Cr | ₹1,559.9 Cr | ₹1,564 Cr | ₹1,595.1 Cr | ₹1,525 Cr | ₹1,371.5 Cr |
| Other Expenses | ₹3,355.5 Cr | ₹3,365.6 Cr | ₹3,328 Cr | ₹3,497.1 Cr | ₹3,183 Cr | ₹376.2 Cr | ₹2,395.8 Cr | ₹2,681.9 Cr | ₹2,918.7 Cr | ₹3,416.2 Cr | ₹3,515.3 Cr | ₹3,411 Cr |
| Total Expenses | ₹5,896.4 Cr | ₹5,881.8 Cr | ₹5,796.3 Cr | ₹5,812.1 Cr | ₹5,459.3 Cr | ₹2,415.5 Cr | ₹4,600.1 Cr | ₹4,847.1 Cr | ₹4,812.5 Cr | ₹5,220.5 Cr | ₹5,482.4 Cr | ₹5,319.1 Cr |
| Profit Before Exceptional Items & Tax | ₹2,360.1 Cr | ₹2,418.2 Cr | ₹2,474.8 Cr | ₹2,330.6 Cr | ₹2,359.5 Cr | ₹5,215.8 Cr | ₹2,979 Cr | ₹2,592.3 Cr | ₹2,489.2 Cr | ₹2,077.4 Cr | ₹1,747.3 Cr | ₹1,813.3 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2,360.1 Cr | ₹2,418.2 Cr | ₹2,474.8 Cr | ₹2,330.6 Cr | ₹2,359.5 Cr | ₹5,215.8 Cr | ₹2,979 Cr | ₹2,592.3 Cr | ₹2,489.2 Cr | ₹2,077.4 Cr | ₹1,747.3 Cr | ₹1,813.3 Cr |
| Total Tax Expense | ₹570.7 Cr | ₹643.8 Cr | ₹638.2 Cr | ₹596.2 Cr | ₹583 Cr | ₹1,218.8 Cr | ₹756.6 Cr | ₹665.9 Cr | ₹635.8 Cr | ₹536 Cr | ₹452 Cr | ₹462.4 Cr |
| Net Profit | ₹1,789.4 Cr | ₹1,774.4 Cr | ₹1,836.6 Cr | ₹1,734.4 Cr | ₹1,776.5 Cr | ₹3,997 Cr | ₹2,222.4 Cr | ₹1,926.4 Cr | ₹1,853.4 Cr | ₹1,541.4 Cr | ₹1,295.3 Cr | ₹1,350.9 Cr |
| Other Comprehensive Income | ₹2 Cr | ₹0 | -₹2.7 Cr | ₹0 | -₹1.8 Cr | ₹0 | -₹1.2 Cr | ₹0 | ₹70 Lakh | ₹0 | -₹3.9 Cr | ₹0 |
| Total Comprehensive Income | ₹1,791.4 Cr | ₹1,774.4 Cr | ₹1,833.9 Cr | ₹1,734.4 Cr | ₹1,774.7 Cr | ₹3,997 Cr | ₹2,221.2 Cr | ₹1,926.4 Cr | ₹1,854.1 Cr | ₹1,541.4 Cr | ₹1,291.4 Cr | ₹1,350.9 Cr |
| EBITDA (computed) | ₹4,666.3 Cr | ₹4,702.7 Cr | ₹4,737.4 Cr | ₹4,430.9 Cr | ₹4,411.7 Cr | ₹7,038.4 Cr | ₹4,976.1 Cr | ₹4,560.4 Cr | ₹4,179.9 Cr | ₹3,683.2 Cr | ₹3,518.7 Cr | ₹3,536.4 Cr |
| Basic EPS | ₹6.78 | ₹6.73 | ₹6.96 | ₹6.57 | ₹6.73 | ₹15.15 | ₹8.30 | ₹7.15 | ₹6.88 | ₹5.72 | ₹4.81 | ₹5.01 |
| Diluted EPS | ₹6.78 | ₹6.73 | ₹6.96 | ₹6.57 | ₹6.73 | ₹15.15 | ₹8.30 | ₹7.15 | ₹6.88 | ₹5.72 | ₹4.81 | ₹5.01 |
Shareholding Pattern of Indus Towers Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 51.26%, foreign institutional investors hold 25.09%, domestic institutional investors hold 19.68%, retail and other public shareholders hold 3.94% of Indus Towers Limited. The company had 335,735 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 51.26% | 51.03% | 51.03% | 50.00% | 50.00% | 50.00% |
| Public | 48.71% | 48.93% | 48.93% | 49.96% | 49.96% | 49.96% |
| Employee Trusts | 0.04% | 0.04% | 0.04% | 0.03% | 0.03% | 0.04% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 51.26% | 50.00% | 69.00% | 69.00% | 67.49% | 69.85% | 53.51% | 53.51% | 53.51% | 61.65% | 71.70% |
| Public | 48.71% | 49.96% | 30.97% | 30.98% | 32.49% | 30.15% | 46.45% | 46.45% | 46.45% | 38.30% | 28.22% |
| Employee Trusts | 0.04% | 0.03% | 0.04% | 0.03% | 0.02% | 0.01% | 0.04% | 0.03% | 0.04% | 0.05% | 0.08% |
| Promoter change (YoY, %pts) | +1.26 | -19.00 | +0.00 | +1.51 | -2.36 | +16.34 | +0.00 | +0.00 | -8.14 | -10.05 | - |
Board & Governance of Indus Towers Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Indus Towers Limited has 11 directors - 4 independent and 1 executive. The board is chaired by Dinesh Kumar Mittal.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Dinesh Kumar Mittal | Non-Executive - Independent Director · Chairperson | 2024-04-01 | 4 |
| Anita Kapur | Non-Executive - Independent Director | 2018-01-17 | 2 |
| Gopal Vittal | Non-Executive - Non Independent Director | 2020-11-19 | 2 |
| Harjeet Singh Kohli | Non-Executive - Non Independent Director | 2020-11-19 | 1 |
| Jagdish Saksena Deepak | Non-Executive - Non Independent Director | 2024-08-01 | 3 |
| Prachur Sah | Executive Director · CEO-MD | 2023-01-03 | 1 |
| Rajan Bharti Mittal | Non-Executive - Non Independent Director | 2016-01-27 | 5 |
| Rakesh Bharti Mittal | Non-Executive - Non Independent Director | 2025-01-20 | 2 |
| Ramesh Abhishek | Non-Executive - Independent Director | 2023-01-03 | 3 |
| Sharad Bhansali | Non-Executive - Independent Director | 2020-11-19 | 2 |
| Soumen Ray | Non-Executive - Non Independent Director | 2025-01-20 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | Anita Kapur (Chairperson), Sharad Bhansali, Ramesh Abhishek, Soumen Ray |
| Nomination and remuneration committee | Sharad Bhansali (Chairperson), Dinesh Kumar Mittal, Rajan Bharti Mittal, Ramesh Abhishek |
| Stakeholders Relationship Committee | Sharad Bhansali (Chairperson), Rajan Bharti Mittal, Anita Kapur |
| Risk Management Committee | Anita Kapur (Chairperson), Sharad Bhansali, Ramesh Abhishek, Soumen Ray |
| Corporate Social Responsibility Committee | Ramesh Abhishek (Chairperson), Dinesh Kumar Mittal, Rakesh Bharti Mittal |
| ESG Committee | Ramesh Abhishek (Chairperson), Prachur Sah, Jagdish Saksena Deepak |
Group Structure of Indus Towers Limited
Indus Towers Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Indus Towers Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Smartx Services Limited | U64202DL2015PLC285515 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Indus Towers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jan 2013 | Others | ₹1,500 Cr | Satisfied |
| 04 Dec 2009 | Infrastructure Development Finance Company Limited | ₹6,600 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Indus Towers Limited
Indus Towers Limited has a workforce of 3,630 employees as of Apr 06, 2024.
Employee Count & EPFO Data of Indus Towers Limited
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GST Compliance of Indus Towers Limited
GSTIN & GST Filing Data of Indus Towers Limited
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Credit Ratings, Litigation & Regulatory Alerts for Indus Towers Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Indus Towers Limited
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MSME Payment Delays by Indus Towers Limited
MSME Payment Delays by Indus Towers Limited
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Subsidiaries & Group Companies of Indus Towers Limited
Subsidiaries & Group Companies of Indus Towers Limited
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MCA Filings & Documents of Indus Towers Limited
MCA Filings & Documents of Indus Towers Limited
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Recent Activity on Indus Towers Limited
Recent News on Indus Towers Limited
Frequently Asked Questions about Indus Towers Limited
Indus Towers Limited is an active public limited company in the telecom sector based in Gurugram, Haryana, India. It was incorporated on 30 November 2006 (20+ years old) and is registered under CIN L64201HR2006PLC073821. Listed on BSE: 534816 and NSE: NDUSTOWER. The company has 3,630 employees.
Indus Towers Limited reported revenue of ₹30,469 Cr for FY 2025 (up 5.00% YoY).
The current directors of Indus Towers Limited are:
The primary industry of Indus Towers Limited is telecom. The company specifically operates in telecom infrastructure. The company is currently active in this sector.
Yes. Indus Towers Limited is listed on both BSE (code: 534816) and NSE (symbol: NDUSTOWER).
Indus Towers Limited can be reached at the registered office: Building No. 10 Tower A 4Th Floor Dlf Cyber City, Gurugram, Haryana, India – 122002, or through the website industowers.com.