SAR Televenture has reported a stellar performance for the first half of FY26, underscoring its growing strength in India’s telecom infrastructure and broadband ecosystem. The company’s SAR Televenture H1 FY26 results, released through an investor presentation on 15 November 2025, reveal sustained revenue growth, expanding profitability, and strategic acquisitions that are reshaping its national presence.
With INR 241.76 crore in revenue and a 15% PAT margin, SAR Televenture H1 FY26 highlights how the company is capitalizing on India’s accelerating digital transformation and 5G rollout. Its expansion strategy, combined with operational efficiency, has firmly established SAR Televenture as a rising force in integrated telecom infrastructure.
SAR Televenture: Company Overview
Incorporated in 2019, SAR Televenture provides integrated network solutions spanning 4G/5G tower infrastructure, fiber-to-the-home (FTTH) broadband, and optical fiber cable (OFC) deployment. As a DoT-registered IP-1 infrastructure provider, the company is engaged in the design, deployment, and management of high-speed communication networks across India.
SAR Televenture has already installed 1,200+ telecom towers and completed 1.7 lakh+ HomePasses across key Indian states. Through its UAE-based subsidiary, SAR Televentures F.ZE, it has expanded into international fiber cable laying and equipment supply — reinforcing its position as a globally connected infrastructure enabler.
SAR Televenture H1 FY26: Financial Performance
| Particulars | H1 FY25 | H1 FY26 | YoY Change |
| Revenue | 117.02 | 241.76 | +107% |
| EBITDA | 16.36 | 40.66 | +149% |
| EBITDA Margin (%) | 19.98 | 16.82 | -15.82% |
| Net Profit (PAT) | 15.99 | 36.26 | +127% |
| Net Profit Margin (%) | 13.66 | 15.00 | +134 bps |
| Diluted EPS | 4.31 | 7.42 | +72% |
Analysis:
- Revenue more than doubled YoY (+107%), reflecting accelerated growth in broadband and telecom infrastructure projects.
- EBITDA surged ~150%, demonstrating strong operating leverage.
- PAT rose 127% YoY, supported by higher efficiency and scale benefits.
- Net Profit Margin improved by 134 basis points, highlighting sustained profitability.
- Diluted EPS increased from INR 4.31 to INR 7.42, reflecting enhanced shareholder value during SAR Televenture H1 FY26.
SAR Televenture H1 FY26: Operational Achievements
SAR Televenture continues to scale its telecom tower and fiber optic infrastructure rapidly:
- 1,200+ 4G/5G towers have been completed across India.
- 75,000 new home passes were added during SAR Televenture H1 FY26, bringing total HomePass coverage to over 1.7 lakh.
- The company has MSAs signed with three major telecom operators, enabling a tower-sharing model to enhance revenue while minimizing CAPEX.
- The addition of 60 new 4G/5G sites from Vodafone further strengthens its operator partnerships.
The company’s UAE subsidiary, SAR Televentures F.ZE, continues to expand fiber cable laying and equipment supply capabilities, supporting its global ambitions.
Strategic Acquisitions Bolster National Presence
The company has been on an aggressive M&A drive during 2025:
- Blue Lotus Support Services and Whitefield Communications were acquired for INR 2,800 crore in October 2025.
- This acquisition strengthens SAR’s presence in southern markets — Karnataka, Tamil Nadu, Kerala, Telangana, and Andhra Pradesh.
- The deal brings 4.5 lakh new customers, expanding the total base to around 8.5 lakh subscribers.
- Tikona Infinet, a renowned enterprise broadband provider, was acquired in an INR 2,578 crore share-swap deal in April 2025.
- With an All-India Unified License (ISP Category A) and NLD license, Tikona’s acquisition positions SAR as the third-largest player in India’s enterprise broadband space.
- The deal provides strategic exposure to lease lines, VPNs, managed services, and fiber connectivity, aligning perfectly with SAR’s integrated telecom ambitions.
These acquisitions are expected to generate strong operational synergies, unified infrastructure efficiency, and a wider service portfolio, reinforcing SAR Televenture’s aspiration to be a full-spectrum telecom infrastructure provider.
Industry Context: Telecom Boom in India
India’s telecom landscape is witnessing record expansion, supported by strong government initiatives and data-driven demand growth.
- PLI Scheme: INR 12,195 crore incentive for telecom manufacturing.
- 6G Innovation Mission: Driving R&D for next-generation connectivity.
- Wireless Subscribers: 117.09 crore (June 2025).
- Wireline Tele-density: Increased to 3.36%.
In this environment, SAR Televenture H1 FY26 performance positions the company as a key beneficiary of India’s 5G rollout, fiber expansion, and “Digital Bharat” mission.
Clientele and Partnerships
SAR Televenture’s marquee clients include Mahagun Group, Adani Realty, ACE Group, Logix Group, Sunworld, and Max Estates. It also partners with Tata Teleservices and FusionNet for broadband and enterprise connectivity solutions — reflecting a strong and diversified client base across residential and commercial sectors.
Analyst Takeaway
The SAR Televenture H1 FY26 performance reflects a company firmly in growth mode — strengthening its financials, scaling operations, and integrating acquisitions to capture India’s surging digital demand.
With rising net profit, margins, and strong strategic direction, SAR Televenture is evolving from a niche infrastructure provider into a national telecom powerhouse. While execution risks around large-scale integrations remain, the company’s growth trajectory and market positioning suggest it is well-poised to lead in the 5G and fiber broadband era.
Bottom Line
SAR Televenture H1 FY26 performance underscores a company at the intersection of telecom infrastructure expansion and digital transformation. With strong fundamentals, strategic acquisitions, and an increasingly diversified service portfolio, SAR Televenture is emerging as one of the most promising mid-cap stories in India’s telecom infrastructure space.
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