1. India Stocks

  2. •

    Communications

  3. •

    Wireless telecommunications
Bharti Airtel Limited

Bharti Airtel Limited

1,881.05
INR
-18.90
(-0.99%)
11.60TMarket Cap
Nov 05Next Earn
Bharti Airtel Limited
BSE:BHARTIARTL
(Bombay Stock Exchange)

Recent

price

1,881.05

P/E

ratio

- -

div

yld

0.05%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
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
363.2
- -
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
45.96
- -
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
101.38
130
- -
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
19.5
0.89
Dividend per Share
115.74
120.11
119.55
134.81
142.22
150.61
152.14
156.84
161.09
138.86
105.43
113.16
130.04
135.7
186.65
244.69
259.37
Book Value per Share
-35.52
-36.68
-34.49
-47.86
-55.13
-102.51
-129.04
-116.39
-109.79
-69.72
-91.69
-95.97
-148.14
-110.41
-117.71
-54.52
-28.42
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
5,785
5,809
5,959
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
- -
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
27.94
32.15
- -
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
- -
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
- -
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
- -
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
- -
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
-812,048
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
1,644,100
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
2,006,467
Total Equity
8.99
5.79
3.31
3.57
4.39
6.26
4.76
3.74
- -
- -
- -
6.88
8.55
5.91
15.53
12.56
- -
Return on Invested Capital (%)
9.15
5.42
3.38
3.02
4.25
4.86
3.98
2.34
- -
- -
- -
3.57
5.05
5.25
13.61
8.68
- -
Return on Capital (%)
12.97
8.57
4.51
5.04
7.52
9.36
5.66
1.6
0.58
-43.32
-22.17
6.78
11.58
9.36
34.3
20.32
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
308,272
370,702
LT Borrowings
- -
1,000,849
1,644,100
LT Finance Leases
- -
644,996
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6,091
6,092
6,239
Market Capitalization
12,826,812
10,869,453
11,603,247

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
902,154
1,076,691
Cash, Cash Equivalents & STI
- -
501,982
855,190
Accounts Receivable, Net
- -
79,776
92,641
Inventories
- -
6,009
- -
Total Current Liabilities
- -
1,745,057
1,888,739
Payables & Accruals
- -
- -
- -
ST Debt
- -
308,272
370,702
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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
-318.91%
41.84%
28.75%
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

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
385,064
414,733
451,293
478,762
1,729,852
2026
494,626
- -
539,816
553,832
2,109,728
2027
585,391
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
7.21
6.21
25.54
19.02
58
2026
10.26
- -
11.44
12.53
45.96
2027
13.38
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.82
9.4
1.35
0.42
11.99
2026
0.39
- -
- -
0.52
19.5
2027
0.37
- -
- -
- -
- -
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Business
Bharti Airtel Limited is an Indian multinational telecommunications company headquartered in New Delhi, India, operating in 17 countries across Asia and Africa. Founded in 1995, it is among the top three mobile service providers globally, with a customer base exceeding 600 million. The company provides a comprehensive range of telecommunications products and services including high-speed 4G and 5G mobile services, fixed-line broadband, voice telephony, digital TV broadcasting, and mobile commerce. Airtel also delivers enterprise solutions encompassing secure connectivity, cloud and data center services, cybersecurity, Internet of Things (IoT), communications platform as a service (CPaaS) via Airtel IQ, network as a service (NaaS), enterprise mobility, network integration, and professional services. Its digital arm, Xtelify, focuses on AI-driven digital transformation and offers Airtel Cloud, a sovereign telco-grade cloud platform in India. Additionally, through its subsidiary Indus Towers Ltd, Airtel provides passive infrastructure services. Its retail consumer portfolio features FTTH and fixed wireless access Wi-Fi offerings with speeds up to 1 Gbps, converged linear and on-demand entertainment, video streaming services, digital payments, and financial services. Recent major company changes include a strategic restructuring announced in 2024 to separate its Direct-to-Home (DTH) business from the Connected Homes division, which includes broadband and converged entertainment services, aimed at enhancing focus and operational efficiency. Alongside this restructuring, key leadership changes were implemented effective from early 2025, including appointments of new CEOs for DTH and Connected Homes divisions, and separation of Customer Experience as a standalone function to strengthen customer engagement. The company’s operations extend across India, multiple African countries, Bangladesh, and Sri Lanka through associate entities, servicing consumer, enterprise, government, and telecom carrier customers with an extensive global network footprint covering over two billion people. Bharti Airtel remains India’s largest integrated communications solutions provider and the second largest mobile operator in Africa. The company continuously expands its technology and service capabilities, maintaining a leadership position in the telecommunications industry globally.