Nifty
:
23329.00
Sensex
:
74529.08
-85.30 (-0.36%)
-329.91 (-0.44%)
Nifty
Sensex
:
:
23329.00
74529.08
-85.30 (-0.36%)
-329.91 (-0.44%)

Bharti Airtel Ltd.

Telecommunication - Service Provider

Rating :
53/99

BSE: 532454 | NSE: BHARTIARTL

NSE BSE
1817.20
22-Sep-2026
  • Open
  • High
  • Low
  • Previous Close
  •  1833.9
  •  1836.3
  •  1813
  •  1830.20
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  4134236
  •  7541839234
  •  2174.5
  •  1740.5

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 11,34,017.74
  • 39.22
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 12,25,312.34
  • 1.32%
  • 6.07

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 50.07%
  • 0.61%
  • 1.80%
  • FII
  • DII
  • Others
  • 26.48%
  • 18.33%
  • 2.71%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.25
  • 12.60
  • 12.05

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 13.00
  • 15.74
  • 8.95

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 21.53
  • 44.38
  • 52.91

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 62.67
  • 74.08
  • 44.83

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.47
  • 8.24
  • 9.48

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 10.40
  • 10.94
  • 12.00

Earnings Forecasts:

(Updated: 21-09-2026)
Description
2026
2027
2028
2029
Adj EPS
45.96
62.71
82.96
101.52
P/E Ratio
39.54
28.98
21.90
17.90
Revenue
210973
244260
274756
304359
EBITDA
119675
139911
159264
177049
Net Income
26695.2
38178.5
51070.7
61852.3
ROA
5.01
9.63
11.36
12.67
P/B Ratio
7.43
6.38
5.47
4.68
ROE
20.32
22.75
26.06
27.68
FCFF
62756.5
64496.3
75988.1
105702
FCFF Yield
4.61
4.74
5.58
7.77
Net Debt
167989
122133
84744.9
24476
BVPS
244.58
284.77
332.39
387.9

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 26
Jun 25
Var%
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Net Sales
58,539.10
49,462.60
18.35%
55,383.20
47,876.20
15.68%
53,981.60
45,129.30
19.62%
52,145.40
41,473.30
25.73%
Expenses
25,236.30
21,623.90
16.71%
23,891.60
20,867.40
14.49%
23,198.80
20,532.70
12.98%
22,584.00
19,627.10
15.07%
EBITDA
33,302.80
27,838.70
19.63%
31,491.60
27,008.80
16.60%
30,782.80
24,596.60
25.15%
29,561.40
21,846.20
35.32%
EBIDTM
56.89%
56.28%
56.86%
56.41%
57.02%
54.50%
56.69%
52.68%
Other Income
906.60
508.80
78.18%
878.50
485.80
80.84%
702.30
469.70
49.52%
727.70
254.70
185.71%
Interest
5,956.40
5,460.80
9.08%
5,605.60
5,502.30
1.88%
5,623.20
5,675.50
-0.92%
4,865.70
5,423.70
-10.29%
Depreciation
14,235.00
12,465.10
14.20%
13,643.50
12,326.00
10.69%
13,420.10
11,704.20
14.66%
13,182.10
11,000.00
19.84%
PBT
13,664.60
10,421.60
31.12%
9,960.30
9,526.20
4.56%
12,185.00
15,232.20
-20.00%
12,241.30
4,823.50
153.78%
Tax
3,761.20
3,082.60
22.01%
797.30
-2,891.90
-
3,798.50
757.30
401.58%
3,671.50
1,744.00
110.52%
PAT
9,903.40
7,339.00
34.94%
9,163.00
12,418.10
-26.21%
8,386.50
14,474.90
-42.06%
8,569.80
3,079.50
178.29%
PATM
16.92%
14.84%
16.54%
25.94%
15.54%
32.07%
16.43%
7.43%
EPS
13.09
10.25
27.71%
12.02
19.00
-36.74%
11.43
25.51
-55.19%
11.71
6.20
88.87%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
2,20,049.30
2,10,972.80
1,72,985.20
1,49,982.40
1,39,144.80
1,16,546.90
1,00,615.80
84,676.50
80,780.20
82,638.80
95,468.30
Net Sales Growth
19.63%
21.96%
15.34%
7.79%
19.39%
15.83%
18.82%
4.82%
-2.25%
-13.44%
 
Cost Of Goods Sold
0.00
3,488.80
2,329.40
3,979.00
3,356.90
2,559.70
1,817.50
1,295.80
1,085.50
999.40
907.30
Gross Profit
2,20,049.30
2,07,484.00
1,70,655.80
1,46,003.40
1,35,787.90
1,13,987.20
98,798.30
83,380.70
79,694.70
81,639.40
94,561.00
GP Margin
100.00%
98.35%
98.65%
97.35%
97.59%
97.80%
98.19%
98.47%
98.66%
98.79%
99.05%
Total Expenditure
94,910.70
91,504.20
79,903.40
72,141.20
67,871.30
59,013.00
55,244.10
50,423.10
56,625.80
52,602.00
60,270.40
Power & Fuel Cost
-
20,273.90
15,525.90
12,636.90
13,088.20
10,489.80
9,224.00
8,209.40
8,043.60
6,908.20
7,294.60
% Of Sales
-
9.61%
8.98%
8.43%
9.41%
9.00%
9.17%
9.70%
9.96%
8.36%
7.64%
Employee Cost
-
7,581.30
6,308.90
5,323.10
4,830.80
4,433.30
4,114.60
3,513.70
3,797.50
3,977.10
4,303.20
% Of Sales
-
3.59%
3.65%
3.55%
3.47%
3.80%
4.09%
4.15%
4.70%
4.81%
4.51%
Manufacturing Exp.
-
41,381.50
39,850.60
37,636.10
35,485.40
32,891.20
32,747.70
30,114.20
31,519.00
30,221.30
34,176.60
% Of Sales
-
19.61%
23.04%
25.09%
25.50%
28.22%
32.55%
35.56%
39.02%
36.57%
35.80%
General & Admin Exp.
-
4,660.80
3,813.30
3,501.60
3,249.90
2,966.70
3,113.00
3,337.00
5,269.50
4,850.70
4,237.50
% Of Sales
-
2.21%
2.20%
2.33%
2.34%
2.55%
3.09%
3.94%
6.52%
5.87%
4.44%
Selling & Distn. Exp.
-
13,107.30
11,460.10
8,132.60
7,245.40
5,303.50
3,800.90
3,423.60
4,156.80
4,527.50
6,673.20
% Of Sales
-
6.21%
6.62%
5.42%
5.21%
4.55%
3.78%
4.04%
5.15%
5.48%
6.99%
Miscellaneous Exp.
-
1,010.60
615.20
931.90
614.70
368.80
426.40
529.40
2,753.90
1,117.80
6,673.20
% Of Sales
-
0.48%
0.36%
0.62%
0.44%
0.32%
0.42%
0.63%
3.41%
1.35%
2.81%
EBITDA
1,25,138.60
1,19,468.60
93,081.80
77,841.20
71,273.50
57,533.90
45,371.70
34,253.40
24,154.40
30,036.80
35,197.90
EBITDA Margin
56.87%
56.63%
53.81%
51.90%
51.22%
49.37%
45.09%
40.45%
29.90%
36.35%
36.87%
Other Income
3,215.10
3,023.20
1,651.10
1,886.00
936.60
534.30
642.80
1,535.70
2,799.10
1,531.00
1,969.80
Interest
22,050.90
21,555.30
21,753.90
22,647.70
19,299.90
16,616.20
15,091.00
14,073.20
10,622.20
9,325.50
9,546.60
Depreciation
54,480.70
52,710.80
45,570.30
39,537.60
36,431.80
33,090.70
29,404.40
27,094.40
21,347.50
19,243.10
19,773.00
PBT
48,051.20
48,225.70
27,408.70
17,541.90
16,478.40
8,361.30
1,519.10
-5,378.50
-5,016.20
2,999.20
7,848.10
Tax
12,028.50
11,349.90
917.20
4,121.00
4,273.30
4,177.90
8,932.50
-12,512.40
-3,419.30
1,083.50
3,481.90
Tax Rate
25.03%
25.33%
2.64%
41.34%
27.03%
41.53%
-62.05%
27.52%
163.81%
49.11%
52.14%
PAT
36,022.70
26,695.20
33,556.10
7,467.00
8,345.90
4,254.90
-26,140.20
-35,137.00
409.50
1,099.00
3,799.80
PAT before Minority Interest
28,524.80
33,822.80
37,481.30
8,558.00
12,287.40
8,305.20
-23,420.70
-33,618.00
1,687.50
2,183.50
4,241.40
Minority Interest
-7,497.90
-7,127.60
-3,925.20
-1,091.00
-3,941.50
-4,050.30
-2,719.50
-1,519.00
-1,278.00
-1,084.50
-441.60
PAT Margin
16.37%
12.65%
19.40%
4.98%
6.00%
3.65%
-25.98%
-41.50%
0.51%
1.33%
3.98%
PAT Growth
-3.45%
-20.45%
349.39%
-10.53%
96.15%
-
-
-
-62.74%
-71.08%
 
EPS
57.72
42.77
53.77
11.96
13.37
6.82
-41.88
-56.30
0.66
1.76
6.09

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
1,49,056.60
1,13,671.90
82,018.80
77,562.90
66,554.30
58,952.70
77,144.80
71,422.20
69,534.40
67,456.30
Share Capital
3,046.80
2,900.10
2,876.60
2,836.60
2,795.00
2,746.00
2,727.80
1,998.70
1,998.70
1,998.70
Total Reserves
1,45,739.50
1,10,490.40
78,933.30
74,551.50
63,658.70
56,119.00
74,349.70
69,349.10
67,457.50
65,051.10
Non-Current Liabilities
1,62,541.20
1,55,541.40
1,81,056.50
1,99,273.20
1,37,770.00
1,33,078.90
1,00,145.90
88,256.70
91,060.40
92,854.70
Secured Loans
1,832.80
2,029.50
1,037.70
288.80
0.00
0.00
0.00
0.30
225.60
705.30
Unsecured Loans
98,252.10
1,02,834.30
1,29,924.90
1,51,279.80
1,13,535.00
1,10,560.30
91,079.20
82,489.80
84,716.40
88,932.00
Long Term Provisions
3,518.90
3,039.60
544.30
474.40
463.90
502.00
754.80
682.30
721.20
747.10
Current Liabilities
1,74,505.70
1,80,440.20
1,38,667.80
1,21,963.80
1,14,026.00
1,11,564.40
1,31,487.60
93,013.40
78,240.00
63,459.70
Trade Payables
45,015.20
38,153.70
35,132.50
32,894.60
29,274.10
27,884.90
24,366.80
26,313.80
26,853.60
26,853.70
Other Current Liabilities
83,337.30
81,893.20
64,119.60
56,201.40
41,040.20
50,561.30
43,956.20
34,197.00
37,085.20
22,316.40
Short Term Borrowings
7,230.40
22,234.60
7,784.40
5,341.40
17,294.30
8,082.30
16,703.40
31,009.70
12,956.90
12,944.20
Short Term Provisions
38,922.80
38,158.70
31,631.30
27,526.40
26,417.40
25,035.90
46,461.20
1,492.90
1,344.30
1,345.40
Total Liabilities
5,33,010.30
4,89,449.30
4,25,288.20
4,27,681.30
3,43,731.00
3,25,869.90
3,33,763.00
2,66,218.10
2,47,648.70
2,30,645.70
Net Block
4,06,336.60
3,88,468.20
3,03,303.10
2,77,393.80
2,44,083.30
2,23,479.60
2,29,255.50
2,00,831.50
1,87,200.40
1,78,235.10
Gross Block
6,86,997.20
6,68,828.50
5,35,343.00
4,86,636.40
4,21,512.60
3,82,368.00
3,75,334.90
3,28,441.10
2,94,267.60
2,71,518.20
Accumulated Depreciation
2,80,660.60
2,80,360.30
2,32,039.90
2,09,242.60
1,77,429.30
1,58,888.40
1,46,079.40
1,27,609.60
1,07,067.20
93,283.10
Non Current Assets
4,42,794.90
4,21,860.50
3,67,012.10
3,70,180.00
2,91,703.10
2,71,188.50
2,57,119.80
2,33,353.90
2,14,149.60
2,12,441.90
Capital Work in Progress
12,938.10
10,998.90
16,904.10
49,425.40
5,954.70
5,726.50
4,282.30
9,634.20
9,751.20
10,838.50
Non Current Investment
5,200.70
4,185.10
31,332.80
28,249.40
28,487.70
23,472.30
11,708.60
11,087.80
9,260.80
12,646.40
Long Term Loans & Adv.
9,130.50
9,707.80
6,763.80
6,770.40
6,233.50
12,588.10
6,726.90
9,102.50
6,862.20
8,337.90
Other Non Current Assets
9,189.00
8,500.50
8,708.30
8,341.00
6,943.90
5,922.00
5,146.50
2,697.90
1,075.00
2,384.00
Current Assets
90,158.10
67,588.80
58,276.10
57,501.30
52,027.90
54,552.50
76,643.20
32,864.20
33,499.10
18,203.80
Current Investments
13,700.60
1,653.20
269.50
4,704.50
861.40
4,078.10
13,767.90
4,623.20
6,897.80
1,692.30
Inventories
600.90
451.70
363.90
257.60
375.00
266.00
156.90
88.40
69.30
48.80
Sundry Debtors
7,977.60
7,455.70
4,727.70
3,981.50
4,056.20
3,640.20
4,605.80
4,300.60
5,883.00
4,740.20
Cash & Bank
30,376.80
16,719.90
16,339.90
13,418.60
13,494.30
13,470.70
15,892.70
8,064.00
6,670.60
5,098.30
Other Current Assets
37,502.20
28,839.90
27,326.50
24,969.50
33,241.00
33,097.50
42,219.90
15,788.00
13,978.40
6,624.20
Short Term Loans & Adv.
10,851.50
12,468.40
9,248.60
10,169.60
10,198.90
14,308.30
16,161.10
14,311.10
10,778.20
4,645.80
Net Current Assets
-84,347.60
-1,12,851.40
-80,391.70
-64,462.50
-61,998.10
-57,011.90
-54,844.40
-60,149.20
-44,740.90
-45,255.90
Total Assets
5,32,953.00
4,89,449.30
4,25,288.20
4,27,681.30
3,43,731.00
3,25,741.00
3,33,763.00
2,66,218.10
2,47,648.70
2,30,645.70

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
1,22,229.60
98,332.20
78,898.20
65,324.60
55,016.60
48,205.00
18,128.70
20,070.20
29,853.80
28,279.90
PBT
45,172.70
38,398.50
12,679.00
16,560.70
12,483.10
-3,118.40
-42,846.50
-1,731.80
3,267.00
7,723.30
Adjustment
76,136.60
55,990.40
66,686.20
55,667.40
46,156.10
50,513.00
79,865.30
28,510.00
27,368.50
27,222.70
Changes in Working Capital
7,204.20
8,381.30
2,413.60
-3,112.00
-1,447.20
3,043.20
-16,596.40
-5,537.40
590.60
-3,507.40
Cash after chg. in Working capital
1,28,513.50
1,02,770.20
81,778.80
69,116.10
57,192.00
50,437.80
20,422.40
21,240.80
31,226.10
31,438.60
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-6,283.90
-4,438.00
-2,880.60
-3,791.50
-2,175.40
-2,232.80
-2,293.70
-1,170.60
-1,372.30
-3,158.70
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-58,534.50
-60,269.80
-50,203.90
-39,080.20
-41,869.60
-26,888.40
-30,491.90
-28,500.90
-27,967.60
-30,604.40
Net Fixed Assets
-23,317.10
-13,291.20
-25,786.50
-84,730.00
-29,087.20
-13,435.60
-33,011.10
-25,236.80
-18,309.30
-36,562.50
Net Investments
-13,738.80
-30,711.60
-10,949.20
34.60
5,547.00
-13,546.20
-1,147.00
10,548.40
-2,169.20
23,938.30
Others
-21,478.60
-16,267.00
-13,468.20
45,615.20
-18,329.40
93.40
3,666.20
-13,812.50
-7,489.10
-17,980.20
Cash from Financing Activity
-52,292.60
-36,533.20
-27,778.50
-24,469.50
-15,203.20
-24,910.30
19,144.40
9,463.80
1,920.50
-351.40
Net Cash Inflow / Outflow
11,402.50
1,529.20
915.80
1,774.90
-2,056.20
-3,593.70
6,781.20
1,033.10
3,806.70
-2,675.90
Opening Cash & Equivalents
10,653.10
9,052.10
9,021.40
7,398.70
9,063.00
13,053.90
5,379.30
4,130.90
-988.00
1,763.50
Closing Cash & Equivalent
24,384.70
10,653.10
9,052.10
9,021.40
7,398.70
9,063.00
13,053.90
5,379.30
2,846.80
-988.00

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
244.17
195.49
142.20
136.41
118.88
105.16
138.62
163.85
159.51
153.98
ROA
6.62%
8.20%
2.01%
3.19%
2.48%
-7.07%
-10.44%
0.52%
0.47%
1.41%
ROE
25.80%
38.40%
10.75%
17.08%
13.25%
-34.32%
-42.20%
1.89%
1.64%
4.80%
ROCE
25.05%
24.26%
14.81%
16.21%
14.99%
0.36%
-15.21%
4.58%
6.49%
9.49%
Fixed Asset Turnover
0.31
0.29
0.29
0.31
0.29
0.27
0.25
0.26
0.29
0.36
Receivable days
13.35
12.85
10.60
10.54
12.05
14.95
18.48
23.01
23.46
19.58
Inventory Days
0.91
0.86
0.76
0.83
1.00
0.77
0.51
0.36
0.26
0.94
Payable days
4350.59
5741.71
3120.12
3379.84
4074.38
5245.45
125.46
138.68
148.74
131.56
Cash Conversion Cycle
-4336.32
-5727.99
-3108.76
-3368.47
-4061.32
-5229.73
-106.47
-115.31
-125.02
-111.04
Total Debt/Equity
0.82
1.31
1.86
2.14
2.00
2.20
1.53
1.69
1.60
1.60
Interest Cover
3.10
2.77
1.56
1.86
1.75
0.05
-2.09
0.80
1.24
1.70

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • Bharti Airtel enhances family postpaid plans by adding Apple’s newly expanded iCloud+
    22nd Sep 2026, 14:10 PM

    With the addition of Apple’s iCloud+, Apple TV and Apple Arcade, the Rs 999 family postpaid plan now brings even more value to families

    Read More
  • Bharti Airtel adds 26.88 lakh subscribers in July
    29th Aug 2026, 12:19 PM

    The company’s total customer base has increased to 48.94 crore with market share of 38.01% in terms of wireless subscribers

    Read More
  • Bharti Airtel’s arm joins forces with ITI to help enterprises fast-track digital transformation
    10th Aug 2026, 14:59 PM

    The collaboration will deliver nationwide digital and telecom infrastructure, combining highspeed enterprise connectivity with secure data center and sovereign cloud services

    Read More
  • Bharti Airtel’s arm inks pacts to acquire 85% stakes in Rochak, Rovision
    7th Aug 2026, 10:47 AM

    With this acquisitions, Nxtra Data is aiming to expand its data centre business

    Read More
  • Bharti Airtel reports 37% rise in Q1 consolidated net profit
    5th Aug 2026, 10:22 AM

    Consolidated total income of the company increased by 18.96% to Rs 59,445.70 crore for Q1FY27

    Read More
  • Bharti Airtel - Quarterly Results
    5th Aug 2026, 00:00 AM

    Read More
  • Bharti Airtel adds 29.90 lakh subscribers in June
    28th Jul 2026, 15:44 PM

    Following this, the company’s total customer base has increased to 48.68 crore as on June 30, 2026

    Read More
  • Bharti Airtel strengthens network readiness across Odisha ahead of Puri Rath Yatra
    14th Jul 2026, 14:18 PM

    Over the last 12 months, the company has deployed more than 1,500 new 5G sites across the state

    Read More
  • Bharti Airtel extends connectivity for Amarnath Yatra pilgrimage
    3rd Jul 2026, 16:12 PM

    The enhanced coverage will provide reliable voice and data connectivity, support emergency communication, and improve digital access for the millions of pilgrims

    Read More
  • Bharti Airtel raises stake in Airtel Africa to 79%
    23rd Jun 2026, 17:26 PM

    The company has acquired around 16.3% stake of Airtel Africa

    Read More
  • Bharti Airtel extends connectivity for Indian Army in Arunachal Pradesh
    17th Jun 2026, 14:30 PM

    This will enable both military and civil personnel residing in these remote locations to stay seamlessly connected with their families

    Read More
  • Bharti Airtel incorporates wholly-owned subsidiary in GIFT City
    16th Jun 2026, 09:17 AM

    The company has incorporated wholly-owned subsidiary in the name and style of ‘Airtel Global IFSC’ on June 15, 2026

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.