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Bharti Airtel Limited

Bharti Airtel Limited

BHARTIARTL.BO
Bharti Airtel LimitedIN flagBombay Stock Exchange
1,924.85
INR
-0.20
- -
11.72TMarket Cap
Bharti Airtel Limited
BHARTIARTL.BO
(Bombay Stock Exchange)

Recent

price

1,924.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
141.37
169.69
182.69
195.54
216.69
217.73
215.33
186.38
169.93
163.75
183.57
210.13
246.68
262.97
299
- -
317.61
Revenue per Share
14.01
10.12
5.41
6.32
10.42
13.71
8.57
2.48
0.86
-62.24
-27.52
7.67
14.8
13.09
58
- -
61.03
Basic EPS, GAAP
-21.22
17.59
22.86
19
13.1
1.05
-21.63
8.01
-19.79
-5.01
26.68
49.79
68.76
68.11
64.48
- -
157.06
Free Cash Flow per Basic Share
1.05
1.05
1.05
1.01
5.29
3.45
2.07
7.36
9.81
3.53
4.91
2.6
6.36
7.34
11.99
- -
11.55
Dividend per Share
89.38
98.48
102.86
104.25
95.78
106.74
113.59
111.75
99.86
27.01
-3.08
4.78
16.46
25.16
75.68
- -
- -
Book Value per Share
-28.75
-30.13
-24.77
-38.78
-43.48
-90.1
-113.54
-96.5
-73.94
-26.59
-52.9
-56.01
-105.44
-75.72
-55.12
- -
-39.1
Tangible Book Value per Share
4,212
4,211
4,210
4,385
4,435
4,434
4,434
4,434
4,754
5,171
5,481
5,546
5,641
5,703
5,786
- -
5,791
Basic Weighted Avg Shares
595,383
714,508
769,045
857,461
961,007
965,321
954,683
826,388
807,802
846,765
1,006,158
1,165,469
1,391,448
1,499,824
1,729,852
2,109,728
1,839,414
Sales/Revenue/Turnover
16.57
14.4
10.92
14.08
14.97
17.67
16.39
13.25
8.91
8.53
16.04
21.25
25.3
24.82
27.51
31.74
29.25
Operating Margin (%)
102,066
133,681
148,148
156,496
198,583
174,498
197,730
192,431
213,475
276,896
297,092
330,907
364,318
395,376
455,703
527,108
474,953
Depreciation Expense
58,992
42,594
22,757
27,727
46,208
60,767
37,998
10,990
4,095
-321,832
-150,835
42,549
83,459
74,670
335,561
266,952
353,441
Net Income, GAAP
23.17
34.67
52.63
61.61
52.06
46.34
45.08
33.16
- -
- -
- -
33.47
25.8
32.5
2.39
25.13
6.28
Effective Tax Rate (%)
9.91
5.96
2.96
3.23
4.81
6.3
3.98
1.33
0.51
-38.01
-14.99
3.65
6
4.98
19.4
12.65
19.21
Profit Margin (%)
-257,768
-324,691
-223,641
-344,193
-382,374
-358,052
-452,550
-447,409
-601,492
-548,444
-568,830
-619,981
-644,625
-803,917
-1,128,514
-842,903
-954,073
Working Capital
532,338
473,416
569,137
549,919
591,575
892,686
896,373
849,420
872,454
1,154,470
1,356,689
1,425,912
2,023,981
1,848,897
1,605,339
1,645,845
1,635,448
LT Debt
516,231
533,808
544,103
639,662
682,203
722,674
743,313
783,483
849,480
1,021,295
812,266
919,350
1,064,443
1,055,639
1,534,677
1,959,634
1,607,482
Total Equity
8.99
5.76
3.31
3.55
4.78
5.71
4.86
3.94
- -
- -
- -
6.47
8.75
7.63
13.35
13.1
14.64
Return on Invested Capital (%)
10.48
5.93
3.62
3.29
4.83
5.55
4.43
2.6
- -
- -
- -
4.73
6.5
6.62
18.47
13.16
21.46
Return on Capital (%)
16.93
10.77
5.37
6.23
10.48
13.53
7.78
2.2
0.84
-104.76
- -
- -
139.82
63.19
115.45
114.01
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
359,834
531,082
398,097
LT Borrowings
1,686,396
1,048,638
1,635,448
LT Finance Leases
- -
556,701
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,084
6,090
6,090
Market Capitalization
9,181,226
10,012,721
11,637,261

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
670,048
675,888
702,235
Cash, Cash Equivalents & STI
433,167
324,548
490,848
Accounts Receivable, Net
99,707
74,557
80,612
Inventories
- -
4,517
- -
Total Current Liabilities
1,606,947
1,804,402
1,656,308
Payables & Accruals
- -
- -
- -
ST Debt
359,834
531,082
398,097
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.76%
20.24%
27.69%
Free Cash Flow
-305.15%
69.35%
221.25%
Net Income, GAAP
-789.72%
57.27%
-20.45%
Sales/Revenue/Turnover
8.72%
16.06%
21.96%
Total Cash Common Dividend
49.33%
49.59%
63.34%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
374,400
370,438
378,995
375,991
1,499,824
2025
385,064
414,733
451,293
478,762
1,729,852
2026
494,626
539,816
553,832
- -
2,109,728

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.84
2.36
4.27
- -
13.09
2025
7.21
6.21
25.54
19.02
58
2026
10.26
11.44
12.53
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.71
5.25
1.47
- -
7.34
2025
0.82
9.4
1.35
0.42
11.99
2026
0.39
- -
0.52
- -
- -
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Business
Bharti Airtel Limited (BHARTIARTL.BO) is an Indian multinational telecommunications services company that provides mobile voice and data services, fixed broadband and fiber-to-the-home (FTTH), fixed wireless access (FWA), direct-to-home (DTH) digital television, enterprise connectivity solutions including cloud and data centers, cybersecurity, Internet of Things (IoT), digital payments and financial services, video streaming and entertainment platforms, and passive infrastructure through subsidiary Indus Towers Ltd; its digital arm Xtelify offers AI-driven platforms and sovereign telco-grade Airtel Cloud services to enterprises and telcos globally. Founded in 1995 and headquartered in New Delhi with registered office in Gurugram, the company operates as India's largest integrated communications provider and the second-largest mobile operator in Africa, serving over 600 million customers across 15 countries in Asia and Africa plus associates in Bangladesh and Sri Lanka, with networks covering more than two billion people and additional global reach via submarine cables spanning 365,000+ RKMs in 50 countries. Recent developments include a strategic partnership with IBM in October 2025 to augment Airtel Cloud with IBM Power systems for AI inferencing, completion of a 5% stake acquisition in Ericsson-led Aduna Global Holding LLC in July 2025 to access global network APIs, approval in November 2025 for up to 5% additional stake in Indus Towers, partnerships with Swift Navigation in 2025 for AI-powered GNSS corrections services targeting ADAS, agriculture and logistics, expansion of 5G FWA and Wi-Fi solutions with Nokia and Qualcomm, and a collaboration with Nokia in December 2025 to open 5G network APIs for developers.