What we do Suyog Telematics Ltd is a leading Indian telecom infrastructure company providing telecom towers, poles, and fiber assets to major telecom operators on long-term leases. |
Founded in 1,995 |
Market share Significant presence in 26 states with over 5900 towers and 7200+ tenancies, including largest government site holdings. |
Problem solved Facilitates cost-effective, rapid deployment of telecom infrastructure, enabling operators to expand coverage and improve network quality. |
Top clients or who we serve Major Indian telecom providers including Bharti Airtel, Vodafone Idea, Reliance Jio, and BSNL; mainly B2B telecom operators. |
Key management Promoters Shivshankar Lature (Managing Director) and Vivek Lature (Whole Time Director) with over 20 years of industry experience. |
Our journey and innovations Incorporated in 1995; became Public in 2013; listed on NSE in 2024; acquired Lotus Tele Infra in 2025 to expand NCR presence. |
Where we operate Pan-India presence covering Mumbai, Delhi, Gujarat, Tamil Nadu, Karnataka, Odisha, Assam, West Bengal, Rajasthan, Uttarakhand and others. |
Top products or what we offer Telecom towers (ground-based, rooftop, small cell), poles, fiber optic cable infrastructure, and related passive telecom assets. |
Top brands Suyog’s flagship infrastructure assets including roof-top towers, small cells, CCTV pole sites; key government site operator. |
Raw materials needed Steel for towers and poles, fiber optic cables, batteries, electrical components for power backup systems. |
Raw materials supplier Not specified; sourced based on telecom industry standards and vendor agreements. |
Recurring vs cyclical contribution Revenue is largely recurring via long-term lease agreements (10+ years) backed by Master Service Agreements with annual escalations. |
Our industry position One of India’s top passive telecom infrastructure providers with diversified assets and solid government tie-ups. |
Financial highlights FY25 revenue Rs 201.5 crore; net profit Rs 40.55 crore; strong EBITDA margins around 70%; steady growth driven by acquisitions and capex. |
Geographical revenue split Revenue predominantly from Indian telecom circles including Mumbai, Delhi NCR, Gujarat, and other key states. |
Order book Long-term agreements with telecom operators ensuring stable revenue streams; recent expansion through Lotus Tele Infra acquisition. |
Whats driving growth 5G rollout, government policy support, fiberization, small cell deployment, and BSNL’s network expansion plans. |
Our future plans Expand small cell infrastructure, fiber networks, inorganic growth through acquisitions, capitalize on 5G and government telecom investments. |
Our green promise Initiatives include trialing wind turbines for tower energy, exploring zinc and lithium battery solutions for sustainable power backup. |
Our people and values Employs nearly 400 permanent staff; committed to ethical governance, diversity, employee training, and workplace safety. |
Key challenges ahead Cost pressures from technology upgrades, regulatory compliance, intense competition, managing rapid 5G infrastructure deployment. |
Interesting facts Built over 10,000 roof-top towers for BSNL; highest percentage of government telecom sites under IP-1 license; innovative CCTV and slum tower deployments. |
Risks and strategy Mitigates risks via multi-tenant long-term leases, government contracts, compliance, operational efficiencies, and ongoing R&D to reduce costs. |