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NSE:BHARTIHEXA

BHARTI HEXACOM LIMITED

Telecommunication › Telecom - Services·NIFTY 500NIFTY LARGEMIDCAP 250NIFTY MIDCAP 150NIFTY MIDSMALLCAP 400+5
₹1,670.00
at close · 27 Oct 2026
▲ 50.00 (+3.09%)
ThemesArtificial Intelligence· mention

Latest filings

Next results: Thu, 5 Nov · Financial Results
  1. Bharti Hexacom to approve Q2 and half-year results ending September 2026 · Results
  2. Trading window closed from Oct 1 for Q2 results · Compliance
  3. Schedule of analyst and institutional investor meetings · Board & Shareholder Meetings
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

Earns almost all of its revenue from mobile telecom services, with a small but fast-growing contribution from home and office connectivity. In FY26, Mobile Services contributed ₹9,010.8 crore, or 95.9% of segment revenue, at a segment EBIT margin of 31.7%. Homes, Office and Other Services contributed ₹380.8 crore (4.1% share) at a 0.9% segment EBIT margin — a business still in early-stage investment. The mobile base stood at 28.8 million customers in Q4 FY26 with ARPU of ₹252, while the homes business had 843K customers and added 148K net customers in the quarter on 21% sequential revenue growth. The cost structure is dominated by network-related other operating expenses at 46.5% of revenue and depreciation at 23.7%, reflecting an asset-heavy, capital-intensive model. Q4 capex was ₹586 crore; full-year operating free cash flow (EBITDAaL minus capex) was ₹2,935 crore, up 27% YoY. Bharti Airtel holds a 70% stake.

Revenue mix · reported segments
Mobile Services95.9%
Homes, Office and Other Services4.1%
Operating scale
Mobile customers
28.8 millionQ4 FY26
Mobile ARPU
₹252Q4 FY26
Homes customers
843KFY26
Q4 Homes net additions
148KQ4 FY26
Operating FCF (EBITDAaL minus capex)
₹2,935 crore (+27% YoY)FY26
Q4 capex
₹586 croreQ4 FY26
Who pays it
Retail and business mobile subscribers, plus home and office broadband users
Biggest cost
Network and spectrum-related other operating expenses (46.5% of revenue)
Kind of business
Cyclical, asset-heavy regional telecom operator
Where it sits
Subsidiary of Bharti Airtel (70% holding), operating regional wireless and home connectivity services
Market Cap
₹83,500 Cr
P / E (TTM)
45.8×
EV / EBITDA
16.4×
Div Yield
0.60%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
21.8%▲
ROCE (FY26)
ROE 24.2% · margin 54.3%
Leverage
0.38·
Debt / Equity · low
Net debt ₹2,661 Cr
Revenue FY24→FY26
1.3×▲
Margin +11.4 pts
₹7,089 Cr → ₹9,354 Cr
Cash conversion
3.37×▲
Operating cash ÷ profit · 3 yrs
₹12,593 Cr on ₹3,731 Cr
Moves on a normal day
1.18%·
Median daily move
Last 267 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)#3/5
ROCE#3/7
EBITDA margin#3/8
Revenue growth#3/8
Profit growth#6/8

Scorecard

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

Strengths
Returns on capital 21.8%
#3 of 7 in Telecom - Cellular & Fixed line services on the latest reported figures
Debt at 0.38× equity
Over 3 years it reported ₹3,731 Cr of profit and ₹12,593 Cr of operating cash — 3.37×
Profit is converting into cash
Negative working-capital cycle — the business is funded by its suppliers
Pays out 29% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

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

BHARTIHEXA · 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 HEXACOM LIMITED's filed financials and exchange disclosures

What does BHARTI HEXACOM LIMITED do?

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

Is BHARTI HEXACOM LIMITED profitable?

Yes. Over the trailing twelve months BHARTI HEXACOM LIMITED reported a net profit of ₹1,824 Cr on revenue of ₹9,601 Cr.

Does BHARTI HEXACOM LIMITED pay a dividend?

Yes. The dividend yield is 0.60% at the current price. It paid out 29% of its profit as dividend in FY26.

Is BHARTI HEXACOM LIMITED debt-free?

No. It reported borrowings of ₹2,694 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹2,661 Cr after cash. Debt stands at 0.38× equity.

Is BHARTI HEXACOM LIMITED expensive compared with its peers?

On trailing P/E, BHARTI HEXACOM LIMITED ranks 3 of 5 in Telecom - Cellular & Fixed line services — cheaper than 50% of them, against an industry median of 45.8×. This is a position, not a valuation judgement.

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

On a typical session BHARTI HEXACOM LIMITED moves 1.18% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are BHARTI HEXACOM 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 HEXACOM LIMITED's announcements?

Every NSE and BSE filing by BHARTI HEXACOM 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.