Background: Early blight (EB), caused by Alternaria solani, is one of the alarming diseases that restrict tomato production globally. Existing cultural practices and fungicide applications are not enough to control the early blight diseases. Therefore, the study aimed to isolate, identify, and characterize an endophytic Streptomyces strain exhibiting the potential to control early blight in tomato and also promote plant growth. Results: From a Citrus jambhiri leaf, an endophytic Streptomyces sp. SP5 isolated with antagonistic activity against Alternaria solani, Colletotrichum acutatum, Cladosporium herbarum, Alternaria brassicicola, Alternaria alternata, Fusarium oxysporum and Fusarium moniliforme. It was identified as a Streptomyces sp. designated as SP5 through 16S ribosomal DNA sequence analysis. It also produced 40μg/ml indole acetic acid which was further confirmed by TLC and HPLC analyses. Treatment of pathogen infected plants with Streptomyces sp. SP5 antagonist (culture cells/culture supernatant/solvent extract/ acetone precipitates) decreased the early blight disease incidence and significantly increased the various agronomic traits Conclusion: The present study concluded that Streptomyces sp. SP5 possessed antifungal activity against different fungal pathogens and had significant potential to control early blight disease in tomatoes and also promote plant growth by producing IAA.