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Bharti Airtel Limited BHARTIARTL NIFTY50NSEAI

Communication Services · Telecom Services · India
https://www.airtel.in
Company Profile ↓
₹1,936.30
-0.61% 1Y
Mkt Cap₹11.80 L Cr
P/E43.64
P/B7.46
Div. Yield1.25%
52W High₹2,162.70
52W Low₹1,756.80
Book Value₹244.59
EPS (TTM)₹44.37

Company Overview

Bharti Airtel Limited operates as a telecommunications company in India and internationally. It operates through the Mobile Services India, Mobile Services Africa, Mobile Services South Asia, Airtel Business, Passive Tower Infrastructure Services, Homes Services, Digital TV Services, and Others segments. The company provides voice and data telecom services through wireless technology including 2G/3G/4G/5G services; passive infrastructure service, including the setup, operation, and maintenance of wireless communication towers; home services covering voice and data communications through fixed-line network, wireless network, and broadband technology for homes; and digital TV services comprising digital broadcasting services under the DTH platform and IPTV services. It also engages in the airtel business that includes network integration, managed services, CPaaS, PaaS, cloud, cybersecurity, IoT, and data center services, as well as enterprise mobility applications. In addition, the company offers post-paid, prepaid, roaming, internet, and various value-added services, as well as mobile TV, video calls, live-streaming videos, gaming, video streaming, and other services. The company was formerly known as Bharti Tele-Ventures Limited and changed its name to Bharti Airtel Limited in April 2006. Bharti Airtel Limited was incorporated in 1995 and is headquartered in New Delhi, India.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 17.9%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 17.7%.

Consistent Profit Growth

Net profit has compounded at 47.3% per year over the last five years.

Steady Revenue Expansion

Revenue has grown at a 14.9% CAGR over the past five years.

Healthy Margins

Operating margin of 31.7% supports profitability.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Mar 2026 Revenue of ₹2.11 L Cr (+22.0% YoY); net profit ₹26,695.20 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +22.0%, earnings -20.4%.
  • 5-Year Trend Long-term compounding — revenue CAGR 14.9%, profit CAGR 47.3%.

Growth & Price Performance

Compounded Sales Growth

5 Years:14.88%
1 Year:21.96%

Compounded Profit Growth

5 Years:47.34%
1 Year:-20.45%

Stock Price Performance

1 Year:-0.61%
6 Months:-5.27%
3 Months:+4.84%
1 Month:+4.50%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

AI Exposure AI Telecom / AI Network & Services
Core Focus

Airtel is deploying AI across three layers: network (AI-driven 5G RAN optimisation, predictive maintenance), customer (Airtel IQ — AI-powered communication APIs for enterprises, call analytics), and enterprise cloud (Airtel Cloud with AI/data services for businesses). Also uses AI for churn prediction and ARPU uplift.

Key Initiatives
  • AI-powered network optimisation Airtel uses AI to manage spectrum, energy and capacity across its network, lowering cost-per-GB as data traffic grows.
  • AI spam & fraud detection Airtel launched an AI-powered network that flags spam calls and fraudulent links in real time for hundreds of millions of subscribers — a differentiated trust feature.
  • Data-centre & enterprise AI (Nxtra) Nxtra by Airtel builds AI-ready data centres, while Airtel Business offers AI-enabled connectivity, security and cloud services to enterprises.
Why Investors Should Care
  • AI both lowers network cost and opens new enterprise/data-centre revenue on a 300M+ subscriber base.
  • Strong cash generation (FCF ~₹758bn) funds AI and data-centre investment without stress.
  • Improving margins (EBITDA ~56%) and pricing power support a premium telecom multiple.
  • Nxtra data centres give optionality on India's AI-compute demand.
AI Investment~₹20,000 Cr capex annually (FY25), portion toward 5G AI network and data centre expansion. Nxtra (data centres) and Airtel Cloud scaling rapidly. AI talent and tool investment ongoing.
AI RevenueEnterprise revenue ~₹17,000 Cr in FY25 and growing 15%+ YoY — Airtel IQ and cloud AI services key drivers. B2B AI services estimated at ₹2,000-3,000 Cr and accelerating.
ROI (Now)EBITDA margins ~53% — AI contributing via network efficiency (15-20% reduction in drive-test costs, autonomous fault management). Customer-facing AI reducing call centre load. Strong ROCE at ~16%.
ROI (Expected)5G + AI enterprise is Airtel's next growth engine. Analysts model B2B AI/cloud growing to ₹8,000-10,000 Cr by FY28. Airtel's spectrum + infra + distribution moat makes it a durable AI beneficiary.

Curated from public filings and analyst commentary; figures are illustrative.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 14.9% over 5 years.
  • Profit CAGR of 47.3% over 5 years.
  • Generates positive free cash flow.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
43.64
Industry PE
24.46
Forward P/E
23.70
PEG Ratio
-
Book Value
₹244.59
Price to Book
7.46
P/S
5.62
EV/EBITDA
10.95
Dividend Yield
1.25%

Growth (CAGR)

Revenue 5Y
14.88%
Profit 5Y
47.34%
Revenue (YoY)
21.96%
Earnings (YoY)
-20.45%

Profitability & Returns

ROCE
17.67%
ROE
17.91%
ROA
4.83%
Profit Margin
12.65%
Op Margin
31.74%
Gross Margin
71.25%
EPS (Latest Qtr)
₹12.15
EPS (TTM)
₹44.37

Balance Sheet & Liquidity

Debt/Equity
1.31
Quick Ratio
0.51
Current Ratio
0.52
Debt
₹1.95 L Cr
Total Assets
₹5.52 L Cr
Current Assets
₹90,215.40 Cr
Working Capital
₹-84,290.30 Cr

Ownership

Promoter Holding
51.89%
Chg in Prom Hold
-
FII / Inst Holding
34.64%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹11.80 L Cr
Total Revenue (TTM)
₹2.11 L Cr
EBITDA
₹1.19 L Cr
Free Cash Flow
₹75,828.80 Cr
Operating Cash Flow
₹1.22 L Cr
Shares Outstanding
₹609.42 Cr
Gross Margin
71.25%
Payout Ratio
36.06%

Peer comparison

Peer companies in the same sector (Communication Services).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 BHARTIARTL Bharti Airtel Limited NIFTY50NSEAI 1,936.30 43.64 ₹11.80 L Cr 1.25% 17.67% 17.91% 14.88% 47.34%
2 IDEA Vodafone Idea Limited NIFTY_MIDNSE 13.98 -3.49 ₹1.51 L Cr 0.00% 36.88% -96.63% 2.05% 72.64%
3 INDUSTOWER Indus Towers Limited NIFTY_MIDNSE 404.50 10.84 ₹1.07 L Cr 0.00% 18.44% 18.02% 4.61% 51.86%
4 BHARTIHEXA BHARTI HEXACOM LIMITED NIFTY_MIDNSE 1,627.00 54.47 ₹81,350.00 Cr 0.62% 21.84% 24.19% 12.45% 46.68%
5 NAUKRI Info Edge (India) Limited NIFTY_MIDNSEAITECH 1,196.35 80.67 ₹77,573.80 Cr 1.20% 4.71% 3.82% 11.88% 483.26%
6 TATACOMM Tata Communications Limited NIFTY_MIDNSEAI 1,853.60 52.82 ₹52,827.60 Cr 0.94% 15.29% 29.06% 11.58% -17.69%
7 AFFLE Affle 3i Limited NIFTY_SMALLNSEAI 1,515.80 55.75 ₹21,336.00 Cr 0.00% 15.30% 12.45% 23.64% 22.97%
8 PFOCUS Prime Focus Limited NSE 270.50 -21.52 ₹20,990.54 Cr 0.00% 24.91% 10.47% -0.29% 14.09%
9 SUNTV Sun TV Network Limited NIFTY_SMALLNSE 497.05 13.60 ₹19,587.98 Cr 1.00% 15.31% 11.39% 4.74% -5.51%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 36,009.00 Cr37,440.00 Cr37,044.00 Cr37,900.00 Cr37,599.00 Cr38,506.00 Cr41,473.00 Cr45,129.30 Cr47,876.20 Cr49,462.60 Cr52,145.00 Cr53,981.60 Cr55,383.20 Cr
Cost of Revenue -------14,160.10 Cr14,220.70 Cr14,522.70 Cr-15,193.90 Cr15,683.70 Cr
Gross Profit -------30,969.20 Cr33,655.50 Cr34,939.90 Cr-38,787.70 Cr39,699.50 Cr
Operating Expenses 17,312.00 Cr17,842.00 Cr17,530.00 Cr18,085.00 Cr18,234.00 Cr18,799.00 Cr19,627.00 Cr18,076.80 Cr18,972.70 Cr19,566.30 Cr22,584.00 Cr21,425.00 Cr21,851.40 Cr
Operating Income 9,291.00 Cr9,944.00 Cr9,780.00 Cr9,741.00 Cr9,290.00 Cr9,168.00 Cr10,846.00 Cr12,892.40 Cr14,682.80 Cr15,373.60 Cr16,379.00 Cr17,362.70 Cr17,848.10 Cr
EBITDA 18,697.00 Cr19,598.00 Cr19,514.00 Cr19,815.00 Cr19,365.00 Cr19,708.00 Cr21,846.00 Cr34,271.60 Cr27,412.20 Cr28,430.30 Cr29,561.00 Cr31,344.60 Cr29,293.80 Cr
Interest Expense 5,163.00 Cr5,614.00 Cr5,186.00 Cr6,645.00 Cr5,203.00 Cr5,152.00 Cr5,424.00 Cr5,675.50 Cr5,502.30 Cr5,460.80 Cr4,866.00 Cr5,623.20 Cr5,605.60 Cr
Pretax Income 5,014.00 Cr1,853.00 Cr3,940.00 Cr4,108.00 Cr2,778.00 Cr6,025.00 Cr5,897.00 Cr16,891.90 Cr9,583.90 Cr10,504.40 Cr12,322.00 Cr12,301.30 Cr10,044.70 Cr
Tax Provision 802.24 Cr333.54 Cr1,851.80 Cr1,232.40 Cr722.28 Cr1,325.50 Cr1,769.10 Cr757.30 Cr-2,891.90 Cr3,082.60 Cr3,696.60 Cr3,798.50 Cr797.30 Cr
Net Income 4,226.00 Cr1,520.00 Cr2,093.00 Cr2,876.00 Cr2,068.00 Cr4,718.00 Cr4,153.00 Cr14,781.20 Cr11,021.80 Cr5,947.90 Cr8,651.00 Cr6,630.50 Cr7,325.10 Cr
Diluted EPS 5.392.892.394.343.667.316.3124.6518.389.9011.9111.0212.15

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 96,101.00 Cr96,532.00 Cr95,468.00 Cr82,639.00 Cr80,780.00 Cr87,539.00 Cr1.01 L Cr-1.39 L Cr1.50 L Cr1.73 L Cr2.11 L Cr
Cost of Revenue --------51,272.60 Cr53,552.10 Cr54,504.60 Cr60,664.50 Cr
Gross Profit --------87,872.20 Cr96,430.30 Cr1.18 L Cr1.50 L Cr
Operating Expenses 62,499.00 Cr62,548.00 Cr60,138.00 Cr52,560.00 Cr55,016.00 Cr50,930.00 Cr55,337.00 Cr-52,673.60 Cr59,198.70 Cr70,891.70 Cr83,344.60 Cr
Operating Income 13,744.00 Cr16,534.00 Cr15,557.00 Cr10,836.00 Cr4,416.00 Cr8,920.00 Cr15,875.00 Cr-35,198.60 Cr37,231.60 Cr47,588.90 Cr66,963.70 Cr
EBITDA 33,602.00 Cr33,984.00 Cr35,330.00 Cr30,079.00 Cr25,764.00 Cr36,610.00 Cr45,279.00 Cr-67,288.00 Cr68,172.50 Cr1.06 L Cr1.19 L Cr
Interest Expense 4,446.00 Cr8,546.00 Cr9,547.00 Cr9,326.00 Cr10,622.00 Cr13,992.00 Cr15,091.00 Cr-14,295.50 Cr15,955.90 Cr21,753.90 Cr21,555.30 Cr
Pretax Income 10,540.00 Cr12,846.00 Cr7,723.00 Cr3,267.00 Cr-1,732.00 Cr-42,846.00 Cr-3,432.00 Cr-16,560.70 Cr12,679.00 Cr38,398.50 Cr45,172.70 Cr
Tax Provision 5,480.80 Cr5,909.16 Cr3,475.35 Cr1,078.11 Cr3,412.04 Cr11,996.88 Cr-8,923.20 Cr-4,273.30 Cr4,121.00 Cr917.20 Cr11,349.90 Cr
Net Income 5,048.00 Cr6,893.00 Cr4,241.00 Cr2,184.00 Cr1,688.00 Cr-30,664.00 Cr-12,364.00 Cr-8,345.90 Cr7,467.00 Cr33,556.10 Cr26,695.20 Cr
Diluted EPS 8.4111.056.912.000.74-55.06-25.63-14.5712.8056.0444.37

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 1.82 L Cr2.24 L Cr2.32 L Cr2.50 L Cr2.74 L Cr3.59 L Cr3.44 L Cr-4.47 L Cr4.45 L Cr5.14 L Cr5.52 L Cr
Current Assets --------57,501.30 Cr58,276.10 Cr67,588.80 Cr90,215.40 Cr
Cash & Equivalents --------7,179.40 Cr6,915.50 Cr6,105.60 Cr13,722.20 Cr
Inventory --------257.60 Cr363.90 Cr451.70 Cr600.90 Cr
Receivables --------3,981.50 Cr4,727.70 Cr7,455.70 Cr7,977.60 Cr
Total Liabilities --------3.40 L Cr3.39 L Cr3.61 L Cr3.56 L Cr
Current Liabilities --------1.22 L Cr1.39 L Cr1.80 L Cr1.75 L Cr
Long Term Debt --------1.52 L Cr1.31 L Cr1.05 L Cr1.00 L Cr
Total Debt 83,415.00 Cr1.01 L Cr1.07 L Cr1.11 L Cr1.25 L Cr1.48 L Cr1.63 L Cr-2.26 L Cr2.16 L Cr2.14 L Cr1.95 L Cr
Total Equity 39,777.00 Cr66,770.00 Cr67,457.00 Cr69,535.00 Cr71,423.00 Cr77,145.00 Cr58,953.00 Cr-77,562.90 Cr82,018.80 Cr1.14 L Cr1.49 L Cr
Shares Outstanding --------596.74 Cr604.74 Cr609.44 Cr609.42 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow 28,059.00 Cr27,942.00 Cr28,280.00 Cr29,854.00 Cr20,070.00 Cr18,129.00 Cr48,205.00 Cr-65,324.60 Cr78,898.20 Cr98,332.20 Cr1.22 L Cr
Investing Cash Flow -22,301.00 Cr-14,091.00 Cr-30,680.00 Cr-27,940.00 Cr-28,286.00 Cr-29,598.00 Cr-27,286.00 Cr--39,080.20 Cr-50,203.90 Cr-60,269.80 Cr-58,534.50 Cr
Financing Cash Flow -9,672.00 Cr-11,946.00 Cr-351.00 Cr1,920.00 Cr9,464.00 Cr19,144.00 Cr-24,910.00 Cr--24,469.50 Cr-27,778.50 Cr-36,533.20 Cr-52,292.60 Cr
Capital Expenditure -15,193.00 Cr-18,951.00 Cr-36,712.00 Cr-25,249.00 Cr-29,050.00 Cr-20,585.00 Cr-27,114.00 Cr--26,538.50 Cr-40,051.50 Cr-60,690.40 Cr-46,400.80 Cr
Free Cash Flow 12,866.00 Cr8,991.00 Cr-8,432.00 Cr4,605.00 Cr-8,980.00 Cr-2,456.00 Cr21,091.00 Cr-38,786.10 Cr38,846.70 Cr37,641.80 Cr75,828.80 Cr
Net Change in Cash -3,914.00 Cr1,905.00 Cr-2,752.00 Cr3,835.00 Cr1,248.00 Cr7,675.00 Cr-3,991.00 Cr-1,774.90 Cr915.80 Cr1,529.20 Cr11,402.50 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % --------63.2%64.3%68.5%71.2%
Operating Margin % 14.3%17.1%16.3%13.1%5.5%10.2%15.8%-25.3%24.8%27.5%31.7%
Net Margin % 5.3%7.1%4.4%2.6%2.1%-35.0%-12.3%-6.0%5.0%19.4%12.7%
ROE % 12.7%10.3%6.3%3.1%2.4%-39.7%-21.0%-10.8%9.1%29.5%17.9%
ROCE % --------10.8%12.2%14.3%17.7%

Shareholding Pattern

Insiders
51.89%
Institutions
34.64%
Public Float
-

Analyst View

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Latest News

Recent headlines for BHARTIARTL

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BHARTIARTL — Frequently Asked Questions

What is the current share price of Bharti Airtel Limited (BHARTIARTL)?

As of 2026-07-15 09:52 IST, Bharti Airtel Limited (BHARTIARTL) trades at ₹1,936.30 on NSE. Its 52-week range is ₹1,756.80 to ₹2,162.70.

What is the market capitalisation of BHARTIARTL?

Bharti Airtel Limited (BHARTIARTL) has a market capitalisation of ₹11.80 L Cr on NSE.

What is the P/E ratio of BHARTIARTL?

BHARTIARTL trades at a trailing price-to-earnings (P/E) ratio of 43.64. The industry average P/E is 24.46. Its price-to-book (P/B) ratio is 7.46.

Does BHARTIARTL pay a dividend?

Bharti Airtel Limited (BHARTIARTL) currently offers a dividend yield of 1.25%.

What is the return on equity (ROE) of BHARTIARTL?

BHARTIARTL has a return on equity (ROE) of 17.91%. Its return on capital employed (ROCE) is 17.67%.

Is BHARTIARTL a good stock to buy?

This page provides a data-driven analysis of Bharti Airtel Limited (BHARTIARTL), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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