Indus Towers shareholders and shareholding pattern
NSE: INDUSTOWERBSE: 534816Telecom - ServicesLarge Cap
Formerly Bharti Infratel
Last close ₹380.00down ₹1.85 (0.48%)BSE ₹380.00
Share price at the NSE close on 23 Oct 2026. Previous close ₹381.85.
52-week range of traded prices to 23 Oct 2026
₹355.55Low, 28 Sep 2026₹481.50High, 19 Feb 2026
- Next results date: the board meets on 27 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,00,250 Cr92nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 27 Jul 2026
- 14.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 Apr 2026
- 2.5
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 3.68%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 27 Jul 2026
- 19.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 27 Jul 2026
- 27.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 Apr 2026
- 0.02
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 86,58,80467.7% delivered
Who owns Indus Towers, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters51.26%
- Foreign institutions21.72%
- Indian institutions22.97%
- GovernmentsNone
- Individuals and others4.05%
- Employee trusts0.01%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Governments
- Individuals and others
- Employee trusts
| Per cent | Dec 2016Filed 12 Jan | Mar 2017Filed 20 Apr | Jun 2017Filed 14 Jul | Sep 2017Filed 18 Oct | Dec 2017Filed 21 Jan | Mar 2018Filed 21 Apr | Jun 2018Filed 21 Jul | Sep 2018Filed 19 Oct | Dec 2018Filed 21 Jan | Mar 2019Filed 19 Apr | Jun 2019Filed 19 Jul | Sep 2019Filed 18 Oct | Dec 2019Filed 21 Jan | Mar 2020Filed 17 Apr | Jun 2020Filed 21 Jul | Sep 2020Filed 20 Oct | Dec 2020Filed 21 Jan | Mar 2021Filed 21 Apr | Jun 2021Filed 20 Jul | Sep 2021Filed 21 Oct | Dec 2021Filed 21 Jan | Mar 2022Filed 20 Apr | Jun 2022Filed 21 Jul | Sep 2022Filed 21 Oct | Dec 2022Filed 20 Jan | Mar 2023Filed 21 Apr | Jun 2023Filed 20 Jul | Sep 2023Filed 16 Oct | Dec 2023Filed 20 Jan | Mar 2024Filed 19 Apr | Jun 2024Filed 20 Jul | Sep 2024Filed 21 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 21 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 20 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 21 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 21 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 71.96% | 61.65% | 61.65% | 58.00% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 69.85% | 69.85% | 69.85% | 69.85% | 69.85% | 67.49% | 68.81% | 69.00% | 69.00% | 69.00% | 69.00% | 69.00% | 69.00% | 69.00% | 52.01% | 53.01% | 50.00% | 50.00% | 50.00% | 51.03% | 51.03% | 51.26% | 51.26% | 51.26% | |
| Indian promoters | 71.96% | 61.65% | 61.65% | 58.00% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 53.51% | 41.73% | 41.73% | 41.73% | 41.73% | 44.79% | 49.50% | 50.83% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 52.01% | 53.01% | 50.00% | 50.00% | 50.00% | 51.03% | 51.03% | 51.26% | 51.26% | 51.26% |
| Foreign promoters | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 28.12% | 28.12% | 28.12% | 28.12% | 25.06% | 17.98% | 17.98% | 17.98% | 17.98% | 17.98% | 17.98% | 17.98% | 17.98% | 17.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 27.99% | 38.30% | 38.30% | 41.96% | 46.44% | 46.45% | 46.45% | 46.45% | 46.45% | 46.45% | 46.45% | 46.46% | 46.46% | 46.45% | 46.48% | 46.48% | 30.15% | 30.15% | 30.13% | 30.13% | 30.13% | 32.49% | 31.17% | 30.99% | 30.99% | 30.98% | 30.98% | 30.99% | 30.96% | 30.97% | 47.95% | 46.98% | 49.96% | 49.96% | 49.96% | 48.93% | 48.93% | 48.71% | 48.71% | 48.74% |
| Employee trusts | 0.05% | 0.05% | 0.05% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% | 0.04% | 0.01% | Under 0.01% | 0.01% | 0.01% | 0.02% | 0.02% | 0.03% | 0.02% | 0.02% | 0.02% | 0.01% | 0.03% | 0.02% | 0.01% | 0.04% | 0.04% | 0.03% | 0.01% | 0.04% | 0.03% | 0.03% | 0.04% | 0.04% | 0.04% | 0.04% | 0.01% |
| Promoter shares pledgedShare of the promoters' own shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 40.26% | 40.26% | 40.26% | 40.26% | 40.26% | 31.18% | 30.58% | 30.50% | 30.50% | 30.50% | 30.50% | 30.50% | 30.50% | 30.50% | 5.88% | 5.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Shares in issue | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 1,84,96,08,246 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,69,49,36,950 | 2,63,81,62,757 | 2,63,81,62,757 | 2,63,81,62,757 | 2,63,81,62,757 | 2,63,81,62,757 | 2,63,81,62,757 | 2,63,81,62,757 | 2,63,81,62,757 | 2,63,81,62,757 |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Indus Towers promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is BHARTI AIRTEL LIMITED, 51.26%. The filing names 160 more members with no shares.Promoter buying and selling
| Holder | ||
|---|---|---|
| BHARTI AIRTEL LIMITEDIndian companies, trusts and others | 51.26% | 1,35,22,08,904 |
No promoter shares are reported as pledged.
Largest public holders of Indus Towers, filing by filing
Per cent, on the same shares as the split above.Mutual funds holding Indus Towers
| Holder | Dec 2016Filed 12 Jan | Mar 2017Filed 20 Apr | Jun 2017Filed 14 Jul | Sep 2017Filed 18 Oct | Dec 2017Filed 21 Jan | Mar 2018Filed 21 Apr | Jun 2018Filed 21 Jul | Sep 2018Filed 19 Oct | Dec 2018Filed 21 Jan | Mar 2019Filed 19 Apr | Jun 2019Filed 19 Jul | Sep 2019Filed 18 Oct | Dec 2019Filed 21 Jan | Mar 2020Filed 17 Apr | Jun 2020Filed 21 Jul | Sep 2020Filed 20 Oct | Dec 2020Filed 21 Jan | Mar 2021Filed 21 Apr | Jun 2021Filed 20 Jul | Sep 2021Filed 21 Oct | Dec 2021Filed 21 Jan | Mar 2022Filed 20 Apr | Jun 2022Filed 21 Jul | Sep 2022Filed 21 Oct | Dec 2022Filed 20 Jan | Mar 2023Filed 21 Apr | Jun 2023Filed 20 Jul | Sep 2023Filed 16 Oct | Dec 2023Filed 20 Jan | Mar 2024Filed 19 Apr | Jun 2024Filed 20 Jul | Sep 2024Filed 21 Oct | Dec 2024Filed 21 Jan | Mar 2025Filed 21 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 20 Oct | Dec 2025Filed 21 Jan | Mar 2026Filed 21 Apr | Jun 2026Filed 21 Jul | Sep 2026Filed 21 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LIFE INSURANCE CORPORATION OF INDIAInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | 1.15% | 1.45% | 1.71% | 2.96% | 2.03% | 2.03% | 2.03% | 2.03% | 2.03% | 2.03% | 2.03% | 2.03% | 2.03% | 2.03% | 2.14% | 2.52% | 2.52% | 2.52% | 2.36% | 2.10% | 2.10% | 2.10% | 1.85% | 1.61% | 1.61% | 1.61% | 1.61% | 1.61% |
| LAZARD EMERGING MARKETS EQUITY PORTFOLIOForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.02% | 1.20% | 1.20% |
| GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.46% | 1.11% | – | 1.24% | 1.18% | – | – | – | – | – |
| GOVERNMENT PENSION FUND GOBALForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.05% | – | – | – | – | – | – | – |
| SILVERVIEW PORTFOLIO INVESTMENTS PTE. LTD.Foreign portfolio investors, category I | – | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 7.07% | 4.85% | 4.85% | 4.85% | 4.85% | 4.85% | 4.85% | 4.85% | 4.85% | 4.85% | 4.85% | 4.85% | 4.85% | 4.85% | – | – | – | – | – | – | – | – | – | – | – |
| CANADA PENSION PLAN INVESTMENT BOARDForeign portfolio investors, category I | – | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 3.27% | 2.24% | 2.24% | 2.24% | 2.24% | 2.15% | 2.15% | 2.17% | 2.17% | 2.17% | 2.17% | 2.18% | 2.19% | 2.19% | – | – | – | – | – | – | – | – | – | – | – |
| ARTISAN INTERNATIONAL VALUE FUNDForeign portfolio investors, category I | – | – | – | – | – | 1.20% | 1.77% | 2.23% | 2.39% | 2.34% | 2.33% | 2.50% | 2.73% | 2.76% | 2.76% | 3.00% | 2.06% | 2.22% | 2.29% | 2.41% | 2.47% | 2.41% | 2.51% | 2.51% | 2.58% | 2.58% | 2.69% | 2.64% | 1.71% | – | – | – | – | – | – | – | – | – | – | – |
| Capital Income BuilderInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.27% | 1.94% | 1.78% | 1.40% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Edgepoint Global PortfolioInstitutions Foreign Portfolio Investor | – | – | – | – | – | 1.25% | 2.13% | 2.98% | 3.63% | 3.63% | 3.83% | 3.83% | 3.83% | 4.10% | 3.63% | 3.11% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Edgepoint Global Growth & Income PortfolioInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | 1.03% | 1.55% | 1.94% | 2.15% | 2.30% | 2.30% | 2.30% | 2.63% | 2.11% | 1.77% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| New World Fund INCInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | 1.48% | 1.71% | 1.71% | 1.71% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| St. James's Place Global Equity Unit TrustInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.11% | 1.13% | 1.03% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| St. James Place Global Equity Unit TrustInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | 1.02% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Virtus Vontobel Emerging Markets Opportunities FundInstitutions Foreign Portfolio Investor | – | – | – | – | 1.12% | 1.22% | 1.20% | 1.15% | 1.03% | 1.02% | – | 1.02% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Camas Investments Pte. Ltd.Institutions Foreign Portfolio Investor | – | – | – | – | – | 1.13% | 1.74% | 1.74% | 1.63% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MATTHEWS ASIA DIVIDEND FUNDInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | 1.13% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| COMPOSITE CAPITAL MASTER FUND LPInstitutions Foreign Portfolio Investor | – | – | – | – | 1.37% | 1.44% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MERRILL LYNCH MARKETS SINGAPORE PTE. LTDInstitutions Foreign Portfolio Investor | 1.55% | 1.57% | 1.51% | 1.59% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.