Bharti Airtel
Market cap ₹11.80 L Cr
- P/E
- 39.48
- Day range
- ₹1,860.70 – ₹1,916.90
- 52-week range
- ₹1,726.30 – ₹2,174.50
- Volume
- 98.71 L
- Open
- ₹1,908.00
- Prev close
- ₹1,895.00
Latest results · Q1 FY27(consolidated)Revenue ₹58,539 Cr+18.4%Profit ₹10,012 Cr+34.9%Margin 17.1%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
BHARTIARTL in NSE indices and F&O
F&O margin for one lot of BHARTIARTL (475 shares)Research profile
Composite 68 / 100Factor percentiles
Derived metrics
- Earn. yield
- 2.5%
- Graham no.
- ₹524.60
- vs Graham
- -72.3%
- ROE ÷ P/B
- 3.3%
- 12-1 mom.
- -6.6%
- Return / vol
- -0.13
- Magic Formula
- #342
- Piotroski
- 8/8
- FCF yield
- 6.4%
- PEG
- 1.13
Appears in 11 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 21 in Telecom| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Bharti AirtelBHARTIARTL | ₹11.80 L Cr | 39.48 | 7.73 | 25.7% | 18.0% | 57.0% | 1.31 | +18.3% |
| Vodafone IdeaIDEA | ₹1.23 L Cr | 3.29 | — | -225.2% | -2.0% | 43.0% | — | +6.1% |
| Indus TowersINDUSTOWER | ₹1.00 L Cr | 14.01 | 2.55 | 19.8% | 19.0% | 53.0% | 0.53 | +4.6% |
| Bharti HexacomBHARTIHEXA | ₹81,895 Cr | 44.91 | 11.40 | 26.5% | 21.0% | 53.0% | 0.86 | +10.9% |
| Tata CommunicationsTATACOMM | ₹47,165 Cr | 42.79 | 13.90 | 30.8% | 15.0% | 21.0% | 3.93 | +9.6% |
| Sterlite TechnologiesSTLTECH | ₹42,495 Cr | 60.12 | 9.36 | 2.6% | 8.0% | 32.0% | 0.22 | +144.6% |
| HFCLHFCL | ₹36,737 Cr | 41.90 | 6.83 | 7.3% | 11.0% | 25.0% | 0.33 | +143.7% |
| DelhiveryDELHIVERY | ₹27,732 Cr | 305.79 | 3.02 | 1.6% | 1.0% | 4.8% | 0.15 | +27.8% |
| Sector median | ₹20,738 Cr | 41.90 | 4.29 | 10.9% | 11.0% | 25.0% | 0.33 | +13.0% |
Sector as classified in the tracked universe; medians use every tracked Telecom company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 4d agoHeadlines about Bharti Airtel from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 37.8
- EPS (TTM)
- ₹47.84
- Price / Book
- 7.72
- ROE (FY26)
- 25.7%
- ROCE (latest year)
- 18%
- Dividend yield
- 1.27%
Moving averages (NSE)
- 20-day
- ₹1,817.44
- Price above
- 50-day
- ₹1,856.04
- Price above
- 200-day
- ₹1,893.27
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- FII
- DII
- Public
- Government
- Others
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37,044 | 37,900 | 37,599 | 38,506 | 41,473 | 45,129 | 47,876 | 49,463 | 52,145 | 53,982 | 55,383 | 58,539 |
| Expenses | 17,530 | 18,085 | 18,234 | 18,799 | 19,627 | 20,533 | 20,867 | 21,624 | 22,584 | 23,199 | 23,892 | 25,236 |
| Operating Profit | 19,514 | 19,815 | 19,365 | 19,708 | 21,846 | 24,597 | 27,009 | 27,839 | 29,561 | 30,783 | 31,492 | 33,303 |
| OPM % | 53% | 52% | 52% | 51% | 53% | 54% | 56% | 56% | 57% | 57% | 57% | 57% |
| Other Income | -654 | 1,013 | -1,308 | 2,010 | 475 | 9,675 | 403 | 592 | 809 | 562 | -2,198 | 661 |
| Interest | 5,186 | 6,645 | 5,203 | 5,152 | 5,424 | 5,676 | 5,502 | 5,461 | 4,866 | 5,623 | 5,606 | 5,956 |
| Depreciation | 9,734 | 10,074 | 10,075 | 10,540 | 11,000 | 11,704 | 12,326 | 12,465 | 13,182 | 13,420 | 13,644 | 14,235 |
| Profit before tax | 3,940 | 4,108 | 2,778 | 6,025 | 5,897 | 16,892 | 9,584 | 10,504 | 12,322 | 12,301 | 10,045 | 13,773 |
| Tax % | 47% | 30% | 26% | 22% | 30% | 4% | -30% | 29% | 30% | 31% | 8% | 27% |
| Net Profit | 2,093 | 2,876 | 2,068 | 4,718 | 4,153 | 16,135 | 12,476 | 7,422 | 8,651 | 8,503 | 9,247 | 10,012 |
| EPS in Rs | ₹2.39 | ₹4.34 | ₹3.66 | ₹7.31 | ₹6.31 | ₹25.95 | ₹19.33 | ₹10.43 | ₹11.91 | ₹11.63 | ₹12.02 | ₹13.09 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
+1 days since Mar 2021
+1 days since Mar 2021
+48 days since Mar 2021
Strengths, risks & growth
Bharti Airtel Ltd is one of the world’s leading providers of telecommunication services with presence in 18 countries representing India, Sri Lanka, 14 countries in Africa. [1]
Strengths
- Company has delivered good profit growth of 22.1% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 48.0%
Risks
- Stock is trading at 7.73 times its book value
- Promoter holding has decreased over last 3 years: -4.68%
Compounded Sales Growth
- 10 Years
- +8%
- 5 Years
- +16%
- 3 Years
- +15%
- TTM
- +20%
Compounded Profit Growth
- 10 Years
- +18%
- 5 Years
- +22%
- 3 Years
- +45%
- TTM
- +6%
Stock Price CAGR
- 10 Years
- +21%
- 5 Years
- +22%
- 3 Years
- +27%
- 1 Year
- -7%
Return on Equity
- 10 Years
- +12%
- 5 Years
- +17%
- 3 Years
- +20%
- Last Year
- +20%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 48.87% | 48.87% | 50.07% | 50.07% | 0.00 pp |
| FII | 28.75% | 27.79% | 26.48% | 25.44% | -1.04 pp |
| DII | 19.54% | 20.53% | 20.64% | 21.62% | +0.98 pp |
| Government | 0.12% | 0.12% | 0.12% | 0.12% | 0.00 pp |
| Public | 2.65% | 2.63% | 2.64% | 2.70% | +0.06 pp |
| Others | 0.05% | 0.04% | 0.04% | 0.03% | -0.01 pp |
Filed with NSE for Sept 2026: promoters 50.07%, public 49.90% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 12.29% (+0.43 pp)- Promoters50.1%
- Foreign institutions25.4%
- Mutual funds12.3%
- Insurance6.8%
- Other domestic institutions2.7%
- Retail1.3%
- Others1.4%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Parag Parikh Flexi Cap Fund | 0.35% | 2.91% | -0.03 pp |
| ICICI Pru Large Cap Fund | 0.27% | 4.21% | -0.01 pp |
| HDFC Balanced Advantage Fund | 0.26% | 3.05% | +0.04 pp |
| HDFC Flexi Cap Fund | 0.25% | 2.62% | -0.25 pp |
| SBI Focused Fund | 0.21% | 4.90% | -0.58 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 21.0%
- Downside volatility
- 21.0%
- Worst 5% of days
- 2.0%
- Average of that tail
- 3.0%
- Max drawdown (1Y)
- 19.5%
- Below its peak
- 12.5%
Against the market
- Beta vs Nifty 50
- 0.68
- Correlation
- 0.43
- Relative strength (3M)
- +3.3%
- ATR (14)
- 2.3%
Return
- Return 1M
- +4.1%
- Return 3M
- -2.0%
- Return 6M
- +3.4%
- Return 1Y
- -2.8%
- vs 200-day average
- -0.1%
Momentum
- RSI (14)
- 58.6
- MACD histogram
- 14.51
- Stochastic %K
- 80.0
- ADX (14)
- 22.1
- +DI / −DI
- 25.3 / 16.2
- Money flow index
- 67.2
Participation
- Delivery (20d avg)
- 66.5%
- vs its 60-day baseline
- -0.7 pts
- Volume vs 20-day
- +0.4σ
- Close vs day's VWAP
- +0.1%
- 52-week position
- 36 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 30 Jun 2026.
Piotroski F-Score
8 of 8 tested
- Return on assets positive — passed
- Operating cash flow positive — passed
- Return on assets improving — passed
- Cash flow exceeds profit — passed
- Debt to assets falling — passed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — passed
- Asset turnover improving — passed
- Free cash flow
- ₹75,515 Cr
- FCF yield
- 6.4%
- Cash conversion
- 3.61
- Accruals ratio
- -0.160
- Net debt
- ₹1.92 L Cr
- Net debt / equity
- 1.19
- EV / sales
- 6.24
- PEG
- 1.13
- Capex intensity
- 22.1%
- Revenue CAGR
- 19.0%
- Profit CAGR
- -27.3%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Model simulation
30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.
Lower edge (10th percentile)
₹1,822.39
-3.7%
Upper edge (90th percentile)
₹1,914.23
+1.2%
The marker is the last close, ₹1,892.1. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹1,858.09 (-1.8%), which is the centre of the simulation and not an expected or target price.
The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.
Corporate actions
- dividend₹24.00
Dividend - Rs 24 Per Share
24 Jul 2026ex-date - dividend₹16.00
Dividend - Rs 16 Per Share
18 Jul 2025ex-date - dividend₹8.00
Dividend - Rs 8 Per Share
7 Aug 2024ex-date - dividend₹4.00
Dividend - Rs 4 Per Share
11 Aug 2023ex-date - dividend₹3.00
Dividend - Rs 3 Per Share
1 Aug 2022ex-date - rightsNot available — not reported in this filing
Rights 1:14 @ Premium Rs 530/-
27 Sept 2021ex-date - dividend₹2.00
Dividend - Rs 2 Per Share
6 Aug 2020ex-date - rightsNot available — not reported in this filing
Rights 19:67 @ Premium Rs 215 Per Share
23 Apr 2019ex-date - dividendNot available — not reported in this filing
Interim Dividend Rs - 2.50 Per Share
5 Nov 2018ex-date - dividend₹2.50
Annual General Meeting/Dividend Rs 2.50 Per Share
2 Aug 2018ex-date - dividend₹2.84
Interim Dividend - Rs 2.84 Per Share
30 Jan 2018ex-date - dividendNot available — not reported in this filing
Annual General Meeting/Dividend - Re 1 Per Share
13 Jul 2017ex-date - dividend₹1.36
Annual General Meeting/ Dividend - Rs 1.36/- Per Share
11 Aug 2016ex-date - dividend₹2.22
Dividend - Rs 2.22/- Per Share
13 Aug 2015ex-date - dividend₹1.80
Annual General Meeting / Final Dividend - Rs 1.80/- Per Share / Interim Dividend - Rs 1.63/- Per Share (Purpose Revised)
21 Aug 2014ex-date - dividendNot available — not reported in this filing
Annual General Meeting / Dividend Re 1 Per Share
23 May 2013ex-date - dividend₹1.00
Annual General Meeting / Dividend Rs 1 Per Share
16 Aug 2012ex-date - dividendNot available — not reported in this filing
Annual General Meeting And Dividend Re.1/- Per Share
17 Aug 2011ex-date - dividendNot available — not reported in this filing
Annual General Meeting And Dividend Re.1/- Per Share
18 Aug 2010ex-date - otherNot available — not reported in this filing
Agm/Div-Rs.2/Fv Rs10tors5
24 Jul 2009ex-date
Company announcements
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
We are enclosing herewith a press release dated October 7, 2026 titled 'Airtel offers Free International Roaming on All Postpaid Plans' being issued by the Company
We are enclosing herewith a press release dated October 05, 2026 titled 'Airtel Business launches IG Gateway - India's first business communications platform with teleco - grade network ....
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
Pursuant to the Company's code on Prohibition of Insider Trading, the trading window for dealing in the securities of the Company will remain closed from Thursday, October 01, 2026.
We are enclosing herewith a press release dated September 22 , 2026 titled 'Airtel enhances its Postpaid Offering by adding Apple's newly expanded iCLoud+ with Apple TV and Apple Arcade' ....
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Schedule of analysts/ institutional investors' meet.
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Schedule of analysts/ institutional investors' meet.
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Schedule of analysts/ institutional investors' meet.
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Schedule of analysts/ institutional investors' meet
Filed with BSE (scrip 532454); the last 45 days. Documents open at bseindia.com.
SEBI filings & orders
From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.
Buybacks, open offers & rights issues
- Rights issue
Bharti Airtel Limited
29 Sept 2021Read on SEBI - Rights issue - Public Notice
Bharti Airtel Limited - Public Notice
14 May 2019Read on SEBI - Rights issue
Bharti Airtel Limited
26 Apr 2019Read on SEBI - Rights issue
Bharti Airtel Limited
8 Mar 2019Read on SEBI
Regulatory orders
- Adjudication order
Adjudication Order in respect of Gopal Vittal, Bharti Telecom Ltd., Rohit Krishan Puri and Sunil Bharti Mittal in the matter of Trading by certain entities in the scrip of Bharti Airtel Limited
22 Oct 2020Read on SEBI - Order
The Settlement Order against Indian Continental Investment Ltd. in the matter of Bharti Airtel Ltd.
5 Apr 2017Read on SEBI
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptRecording
- May 2026TranscriptRecording
- Feb 2026TranscriptRecording
- Nov 2025TranscriptSlidesRecording
- Aug 2025Transcript
- May 2025TranscriptRecording
Credit ratings
- Rating update · 23 Jul from fitch
- Rating update · 17 Jul from crisil
- Rating update · 8 Jan from care
- Rating update · 22 Sep 2025 from crisil
- Rating update · 24 Jul 2025 from fitch
- Rating update · 17 Jul 2025 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 5 Aug 2026 (audited). View the source filing. Figures are as filed and are not investment advice.
Bharti Airtel: common questions
Answered from the figures on this page.
