Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
2,596.00
2,600.90
2,694.90
2,694.90
2,694.90
2,694.90
Share Warrants & Outstandings
Total Reserve
37,049.60
29,897.40
24,343.90
18,414.60
19,455.60
13,182.10
Shareholder's Funds
39,645.60
32,498.30
27,038.80
21,109.50
22,150.50
15,877.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
Long-Term Borrowings
0.00
153.20
3,436.40
2,434.00
2,373.90
1,505.10
Secured Loans
0.00
0.00
0.00
0.00
0.00
166.70
Unsecured Loans
0.00
153.20
3,436.40
2,434.00
2,373.90
1,338.40
Deferred Tax Assets / Liabilities
766.20
404.90
-1,075.60
-1,221.80
91.80
70.30
Other Long Term Liabilities
19177.6
17859.1
15008.7
12992.3
12804.7
11974.1
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
2,722.70
2,465.60
2,159.20
1,873.80
1,719.80
1,566.60
Total Non-Current Liabilities
22,666.50
20,882.80
17,596.70
16,078.30
16,990.20
15,116.10
Current Liabilities
Trade Payables
2,672.40
2,445.00
2,279.70
2,121.90
2,129.30
3,258.80
Other Current Liabilities
5,311.80
5,148.30
4,995.40
5,233.30
5,725.00
5,178.50
Short Term Borrowings
920.90
2,109.20
2,807.40
740.00
919.10
5,465.20
Short Term Provisions
97.90
84.30
74.00
67.60
53.50
48.10
Total Current Liabilities
9,003.00
9,786.80
10,156.50
8,162.80
8,826.90
13,950.60
Total Liabilities
71,315.10
63,167.90
54,792.00
45,350.60
47,967.60
44,943.70
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
79,730.10
73,029.00
66,967.50
59,483.60
57,492.60
56,561.60
Less: Accumulated Depreciation
46,449.00
43,582.80
40,305.00
38,288.20
36,587.50
34,972.40
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
33,281.10
29,446.20
26,662.50
21,195.40
20,905.10
21,589.20
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
630.10
567.20
421.90
354.60
178.70
273.60
Intangible assets under development
0.00
0.00
0.00
0.00
0.00
0.00
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
10.40
0.00
2.80
0.00
0.00
0.00
Long Term Loans & Advances
2,315.20
2,307.30
2,083.50
1,891.70
1,768.80
1,760.20
Other Non Current Assets
3,326.80
2,983.70
2,493.60
2,013.10
1,882.70
1,479.90
Total Non-Current Assets
55,796.70
50,238.10
44,302.00
36,643.00
35,656.30
35,313.90
Current Assets Loans & Advances
Current Investments
4,305.20
1,486.10
0.00
275.60
1,652.10
2,271.40
Inventories
26.80
7.60
0.00
0.00
0.00
0.00
Sundry Debtors
4,939.30
4,767.50
6,450.70
4,868.70
7,058.60
3,828.50
Cash and Bank
1,552.30
1,856.10
63.10
22.40
980.20
14.50
Other Current Assets
4,276.30
4,093.20
3,709.80
3,338.40
2,457.90
3,022.50
Short Term Loans and Advances
418.50
719.30
266.40
202.50
162.50
492.90
Total Current Assets
15,518.40
12,929.80
10,490.00
8,707.60
12,311.30
9,629.80
Net Current Assets (Including Current Investments)
6,515.40
3,143.00
333.50
544.80
3,484.40
-4,320.80
Total Current Assets Excluding Current Investments
11,213.20
11,443.70
10,490.00
8,432.00
10,659.20
7,358.40
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
71,315.10
63,167.90
54,792.00
45,350.60
47,967.60
44,943.70
Contingent Liabilities
5,151.00
4,669.80
12,028.60
11,505.50
11,601.00
11,917.30
Total Debt
920.90
2,262.40
2,379.80
3,174.00
3,293.00
6,970.30
Book Value per share (adjusted)
150.44
123.33
100.33
78.33
82.19
58.91
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is -59.30% vs -47.53% in Mar 2025
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is 7.38% vs 18.99% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is 12.99% vs 10.81% in Mar 2025
Investments
YoY Growth in year ended Mar 2026 is 0.00% vs -100.00% in Mar 2025
Current Assets
YoY Growth in year ended Mar 2026 is 20.02% vs 23.26% in Mar 2025
Compare Balance Sheet Results of Indus Towers
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
2,596.00
98.00
2,498.00
2,548.98%
Share Warrants & Outstandings
Total Reserve
37,049.60
2,032.00
35,017.60
1,723.31%
Shareholder's Funds
39,645.60
2,268.00
37,377.60
1,648.04%
Minority Interest
0.00
0.00
0.00
0.00%
Long-Term Borrowings
0.00
1,155.00
-1,155.00
-100.00%
Secured Loans
0.00
1,155.00
-1,155.00
-100.00%
Unsecured Loans
0.00
0.00
0.00
0.00%
Deferred Tax Assets / Liabilities
766.20
-39.00
805.20
2,064.62%
Other Long Term Liabilities
19,177.60
145.00
19,032.60
13,125.93%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
2,722.70
0.00
2,722.70
0.00%
Total Non-Current Liabilities
22,666.50
1,261.00
21,405.50
1,697.50%
Current Liabilities
Trade Payables
2,672.40
1,336.00
1,336.40
100.03%
Other Current Liabilities
5,311.80
712.00
4,599.80
646.04%
Short Term Borrowings
920.90
672.00
248.90
37.04%
Short Term Provisions
97.90
0.00
97.90
0.00%
Total Current Liabilities
9,003.00
2,720.00
6,283.00
230.99%
Total Liabilities
71,315.10
6,249.00
65,066.10
1,041.22%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
79,730.10
6,230.00
73,500.10
1,179.78%
Less: Accumulated Depreciation
46,449.00
3,262.00
43,187.00
1,323.94%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
33,281.10
2,968.00
30,313.10
1,021.33%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
630.10
19.00
611.10
3,216.32%
Intangible assets under development
0.00
0.00
0.00
0.00%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
10.40
466.00
-455.60
-97.77%
Long Term Loans & Advances
2,315.20
94.00
2,221.20
2,362.98%
Other Non Current Assets
3,326.80
39.00
3,287.80
8,430.26%
Total Non-Current Assets
55,796.70
3,586.00
52,210.70
1,455.96%
Current Assets Loans & Advances
Current Investments
4,305.20
4.00
4,301.20
107,530.00%
Inventories
26.80
906.00
-879.20
-97.04%
Sundry Debtors
4,939.30
1,066.00
3,873.30
363.35%
Cash and Bank
1,552.30
323.00
1,229.30
380.59%
Other Current Assets
4,276.30
160.00
4,116.30
2,572.69%
Short Term Loans and Advances
418.50
204.00
214.50
105.15%
Total Current Assets
15,518.40
2,663.00
12,855.40
482.74%
Net Current Assets (Including Current Investments)
6,515.40
-57.00
6,572.40
11,530.53%
Total Current Assets Excluding Current Investments
11,213.20
2,659.00
8,554.20
321.71%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
71,315.10
6,249.00
65,066.10
1,041.22%
Contingent Liabilities
5,151.00
459.00
4,692.00
1,022.22%
Total Debt
920.90
1,827.00
-906.10
-49.59%
Book Value per share (adjusted)
150.44
43.73
106.71
244.02%
Annual - Borrowings
Borrowings 920.90 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -59.30% vs -47.53% in Mar 2025
Annual - Other Long Term Liabilities
Other Long Term Liabilities 19,177.60 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 7.38% vs 18.99% in Mar 2025
Annual - Fixed Assets
Fixed Assets 33,911.20 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 12.99% vs 10.81% in Mar 2025
Annual - Investments
Investments 10.40 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 0.00% vs -100.00% in Mar 2025
Annual - Current Assets
Current Assets 15,518.40 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 20.02% vs 23.26% in Mar 2025






