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NSE:BHARTIARTL

BHARTI AIRTEL LIMITED

Telecommunication › Telecom - Services·NIFTY 100NIFTY 200NIFTY 50NIFTY 500+5
₹1,955.20
at close · 28 Oct 2026
▼ 23.60 (-1.19%)
ThemesData Centers & Cloud· growing

Latest filings

Next results: Thu, 5 Nov · Financial Results
  1. Bharti Airtel schedules earnings call for November 6, 2026 · Board & Shareholder Meetings
  2. No share conversion requests received in September quarter · Compliance
  3. Bharti Airtel faces Rs 1.5 lakh penalty from DoT for subscriber verification lapse · Regulatory & Legal
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates mobile telecommunications services in India and Africa, alongside passive infrastructure, enterprise, home broadband and digital TV businesses. Mobile Services India is the largest contributor at Rs. 1,12,995.4 crore (48.1% of segment revenue) in FY26 with EBIT of Rs. 35,766.1 crore. Mobile Services Africa generated Rs. 56,806.4 crore (24.2%) and EBIT of Rs. 18,793.6 crore. Passive Infrastructure Services — tower and related infrastructure leasing — contributed Rs. 32,694.4 crore (13.9%) and EBIT of Rs. 11,227.3 crore. Airtel Business, the enterprise arm for connectivity and adjacent services, recorded Rs. 21,176.6 crore (9.0%) and EBIT of Rs. 6,359.8 crore. Homes Services (broadband) added Rs. 7,774.7 crore (3.3%) and Digital TV Services Rs. 3,017.9 crore (1.3%, with a small EBIT loss). Depreciation at 25.0% of revenue and other operating expenses at 39.7% dominate the cost structure, reflecting the asset-heavy network model and capex of 21.4% of revenue.

Revenue mix · reported segments
Mobile Services India48.1%
Mobile Services Africa24.2%
Passive Infrastructure Services13.9%
Airtel Business9.0%
Homes Services3.3%
Digital TV Services1.3%
Other0.2%
Operating scale
Global customer base
~666 millionFY26
India mobile ARPU
Rs. 257Q4 FY26
Homes network footprint
45 million home passes; 7,800 network sites deployed; 4.2 million customers addedFY26
Airtel Payments Bank MTUs
120 million monthly transacting usersFY26
Airtel Money NBFC loan disbursement run-rate
Rs. 550 crore/monthFY26
India mobile revenue market share
At lifetime highFY26
Who pays it
Mobile subscribers across India and Africa, enterprise B2B customers, home broadband households, and digital TV subscribers; also serves the Airtel Payments Bank customer base.
Biggest cost
Depreciation at 25.0% of revenue and other operating expenses at 39.7%, driven by the asset-heavy telecom network.
Kind of business
Asset-heavy, multi-segment telecom operator with mobile services in India and Africa plus infrastructure, enterprise, home broadband and digital TV adjacencies.
Where it sits
India mobile revenue market share at lifetime high in FY26; operations span India and Africa across mobile, infrastructure, enterprise, homes and digital TV.
Market Cap
₹11.94 L Cr
P / E (TTM)
39.9×
EV / EBITDA
10.4×
Div Yield
0.95%
Growth
16.0%▲
Revenue 5y CAGR
PAT — · EBITDA +31.7%
Quality
10.8%·
ROCE (5y median)
ROE 11.5% (5y median) · margin 56.4%
Leverage
0.62·
Debt / Equity · moderate
Net debt ₹1.08 L Cr
Revenue FY21→FY26
2.1×▲
Margin +28.3 pts
₹1.01 L Cr → ₹2.11 L Cr
Cash conversion
4.18×▲
Operating cash ÷ profit · 5 yrs
₹4.20 L Cr on ₹1.00 L Cr
Moves on a normal day
0.82%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 7 Telecom - Cellular & Fixed line services peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#2/5
ROCE#4/7
EBITDA margin#2/8
Revenue growth#2/8
Profit growth#5/8

Scorecard

Measured from the filed financials, judged against its Telecom - Cellular & Fixed line services peers · as of FY26 — not investment advice

Strengths
Revenue compounding 16% a year over 5 years
Over 5 years it reported ₹1.00 L Cr of profit and ₹4.20 L Cr of operating cash — 4.18×
Profit is converting into cash
Negative working-capital cycle — the business is funded by its suppliers
Pays out 34% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

BHARTIARTL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from BHARTI AIRTEL LIMITED's filed financials and exchange disclosures

What does BHARTI AIRTEL LIMITED do?

BHARTI AIRTEL LIMITED is a Telecom - Services company listed on NSE and BSE, trading under the symbol BHARTIARTL.

Is BHARTI AIRTEL LIMITED profitable?

Yes. Over the trailing twelve months BHARTI AIRTEL LIMITED reported a net profit of ₹36,413 Cr on revenue of ₹2.20 L Cr.

Does BHARTI AIRTEL LIMITED pay a dividend?

Yes. The dividend yield is 0.95% at the current price. It paid out 34% of its profit as dividend in FY26.

Is BHARTI AIRTEL LIMITED debt-free?

No. It reported borrowings of ₹1.22 L Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1.08 L Cr after cash. Debt stands at 0.62× equity.

Is BHARTI AIRTEL LIMITED expensive compared with its peers?

On trailing P/E, BHARTI AIRTEL LIMITED ranks 2 of 5 in Telecom - Cellular & Fixed line services — cheaper than 75% of them, against an industry median of 45.4×. This is a position, not a valuation judgement.

How much does the BHARTI AIRTEL LIMITED share price move in a day?

On a typical session BHARTI AIRTEL LIMITED moves 0.82% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

When are BHARTI AIRTEL LIMITED's next results?

Financial Results on Thu, 5 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track BHARTI AIRTEL LIMITED's announcements?

Every NSE and BSE filing by BHARTI AIRTEL LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.