Bharti Airtel, 532454, BHARTIARTL Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

11,05,949.49
36.39
5

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

12,26,913.49
0.88%
8.75

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

6.01
11.45
7.53

EBITDA CAGR (%)

10 Years
5 Years
3 Years

10.63
15.46
5.48

PAT CAGR (%)

10 Years
5 Years
3 Years

18.63
-
59.01

P:E (Median)

8 Years
5 Years
3 Years

70.12
75.83
63.57

P:BV (Average)

8 Years
5 Years
3 Years

6.22
8.10
9.39

EV:EBITDA (Average)

8 Years
5 Years
3 Years

10.31
10.84
11.82

Earnings Forecasts:

(Updated: 18-04-2026)

Description 2024 2025 2026 2027
Adj EPS 58 45.88 66.44 84.48
P/E Ratio 31.28 39.55 27.31 21.48
Revenue 172985 210964 239993 267427
EBITDA 93159.2 120169 137989 154901
Net Income 33556.1 27458.5 39819.5 50126.5
ROA 7 8.08 9.9 11.33
P/B Ratio 9.73 7.97 6.70 5.63
ROE 34.3 21.42 26.69 29.19
FCFF 43409.8 56590.3 66532.6 76903.7
FCFF Yield 3.18 4.15 4.88 5.64
Net Debt 205883 153516 112198 56136.7
BVPS 186.52 227.63 270.99 322.02

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 30,854.80 28,434.00 8.51% 30,092.30 26,984.50 11.52% 29,249.20 24,917.10 17.39% 28,608.30 24,345.40 17.51%
Expenses 12,956.60 12,394.80 4.53% 12,616.80 12,031.70 4.86% 12,404.50 11,491.40 7.95% 12,267.10 11,359.80 7.99%
EBITDA 17,898.20 16,039.20 11.59% 17,475.50 14,952.80 16.87% 16,844.70 13,425.70 25.47% 16,341.20 12,985.60 25.84%
EBIDTM 58.01% 56.41% 58.07% 55.41% 57.59% 53.88% 57.12% 53.34%
Other Income 478.60 431.40 10.94% 1,079.10 408.00 164.49% 331.90 295.10 12.47% 230.20 419.70 -45.15%
Interest 3,815.30 4,031.00 -5.35% 3,853.80 3,872.30 -0.48% 3,834.90 3,667.50 4.56% 3,668.80 3,662.10 0.18%
Depreciation 8,858.80 8,230.00 7.64% 8,623.20 8,136.60 5.98% 8,278.70 7,928.00 4.42% 8,216.50 7,606.70 8.02%
PBT 5,492.80 6,824.00 -19.51% 6,077.60 3,351.90 81.32% 5,063.00 3,002.40 68.63% 4,686.10 2,315.40 102.39%
Tax 1,402.10 -2,373.40 - 1,532.80 834.30 83.72% 1,298.50 533.20 143.53% -4,631.50 491.50 -
PAT 4,090.70 9,197.40 -55.52% 4,544.80 2,517.60 80.52% 3,764.50 2,469.20 52.46% 9,317.60 1,823.90 410.86%
PATM 13.26% 32.35% 15.10% 9.33% 12.87% 9.91% 32.57% 7.49%
EPS 6.71 15.09 -55.53% 7.46 4.13 80.63% 6.18 4.05 52.59% 15.29 2.99 411.37%

Description Dec 25 Dec 24 Var% Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var%
Net Sales 53,981.60 45,129.30 19.62% 52,145.40 41,473.30 25.73% 49,462.60 38,506.40 28.45% 47,876.20 37,599.10 27.33%
Expenses 23,198.80 20,532.70 12.98% 22,584.00 19,627.10 15.07% 21,623.90 18,798.80 15.03% 20,867.40 18,234.30 14.44%
EBITDA 30,782.80 24,596.60 25.15% 29,561.40 21,846.20 35.32% 27,838.70 19,707.60 41.26% 27,008.80 19,364.80 39.47%
EBIDTM 57.02% 54.50% 56.69% 52.68% 56.28% 51.18% 56.41% 51.50%
Other Income 702.30 469.70 49.52% 727.70 254.70 185.71% 508.80 363.50 39.97% 485.80 316.90 53.30%
Interest 5,623.20 5,675.50 -0.92% 4,865.70 5,423.70 -10.29% 5,460.80 5,152.40 5.99% 5,502.30 5,203.30 5.75%
Depreciation 13,420.10 11,704.20 14.66% 13,182.10 11,000.00 19.84% 12,465.10 10,540.10 18.26% 12,326.00 10,075.20 22.34%
PBT 12,185.00 15,232.20 -20.00% 12,241.30 4,823.50 153.78% 10,421.60 5,113.60 103.80% 9,526.20 1,947.70 389.10%
Tax 3,798.50 757.30 401.58% 3,671.50 1,744.00 110.52% 3,082.60 1,307.80 135.71% -2,891.90 709.80 -
PAT 8,386.50 14,474.90 -42.06% 8,569.80 3,079.50 178.29% 7,339.00 3,805.80 92.84% 12,418.10 1,237.90 903.16%
PATM 15.54% 32.07% 16.43% 7.43% 14.84% 9.88% 25.94% 3.29%
EPS 11.43 25.51 -55.19% 11.71 6.20 88.87% 10.25 7.19 42.56% 19.00 3.60 427.78%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 1,18,804.60 1,08,943.90 94,119.80 84,720.10 70,795.00 64,325.90 54,317.10 49,606.00 53,663.00 62,276.30 60,300.30 Net Sales Growth 13.49% 15.75% 11.10% 19.67% 10.06% 18.43% 9.50% -7.56% -13.83% 3.28% Cost Of Goods Sold 0.00 522.60 421.30 443.50 253.10 182.10 11.40 14.10 27.70 5.80 37.50 Gross Profit 1,18,804.60 1,08,421.30 93,698.50 84,276.60 70,541.90 64,143.80 54,305.70 49,591.90 53,635.30 62,270.50 60,262.80 GP Margin 100.00% 99.52% 99.55% 99.48% 99.64% 99.72% 99.98% 99.97% 99.95% 99.99% 99.94% Total Expenditure 50,245.00 48,185.00 44,115.70 40,921.40 36,094.50 36,341.80 34,183.50 38,789.30 35,858.10 38,583.40 37,989.10 Power & Fuel Cost - 8,971.40 8,112.60 7,964.00 7,440.20 6,946.60 6,165.70 5,556.00 4,564.70 4,552.60 5,758.90 % Of Sales - 8.23% 8.62% 9.40% 10.51% 10.80% 11.35% 11.20% 8.51% 7.31% 9.55% Employee Cost - 2,393.70 2,176.00 1,966.40 1,795.40 1,664.50 1,520.20 1,471.00 1,720.90 1,738.50 1,864.80 % Of Sales - 2.20% 2.31% 2.32% 2.54% 2.59% 2.80% 2.97% 3.21% 2.79% 3.09% Manufacturing Exp. - 28,722.40 25,551.40 23,957.40 21,975.00 24,035.70 22,487.00 24,359.00 23,220.30 25,450.90 23,478.10 % Of Sales - 26.36% 27.15% 28.28% 31.04% 37.37% 41.40% 49.10% 43.27% 40.87% 38.94% General & Admin Exp. - 1,838.10 1,833.50 1,675.60 1,288.70 1,257.70 1,709.10 2,231.20 2,282.90 2,488.80 2,775.30 % Of Sales - 1.69% 1.95% 1.98% 1.82% 1.96% 3.15% 4.50% 4.25% 4.00% 4.60% Selling & Distn. Exp. - 5,250.40 5,242.30 4,638.30 3,149.70 2,064.90 1,818.00 2,596.60 3,051.90 3,232.00 3,282.40 % Of Sales - 4.82% 5.57% 5.47% 4.45% 3.21% 3.35% 5.23% 5.69% 5.19% 5.44% Miscellaneous Exp. - 486.40 778.60 276.20 192.40 190.30 472.10 2,561.40 989.70 1,114.80 3,282.40 % Of Sales - 0.45% 0.83% 0.33% 0.27% 0.30% 0.87% 5.16% 1.84% 1.79% 1.31% EBITDA 68,559.60 60,758.90 50,004.10 43,798.70 34,700.50 27,984.10 20,133.60 10,816.70 17,804.90 23,692.90 22,311.20 EBITDA Margin 57.71% 55.77% 53.13% 51.70% 49.02% 43.50% 37.07% 21.81% 33.18% 38.04% 37.00% Other Income 2,119.80 1,364.70 1,902.20 2,633.80 604.00 2,891.90 2,242.50 4,102.40 1,077.30 2,526.40 1,743.70 Interest 15,172.80 15,239.60 14,405.40 14,531.80 13,220.80 12,320.70 11,463.10 7,847.70 5,910.70 5,254.60 3,545.30 Depreciation 33,977.20 32,511.10 29,108.50 26,355.00 24,329.80 21,997.50 20,392.10 15,120.20 13,048.60 12,203.40 9,575.30 PBT 21,319.50 14,372.90 8,392.40 5,545.70 -2,246.10 -3,442.20 -9,479.10 -8,048.80 -77.10 8,761.30 10,934.30 Tax -398.10 -5,637.40 2,127.90 1,358.90 -392.00 6,732.40 -14,932.70 -3,374.70 -760.40 1,416.10 2,474.10 Tax Rate -1.87% -31.56% 29.90% 107.06% 9.21% -36.46% 29.27% 64.35% 111.63% -16.64% 24.13% PAT 21,717.60 23,501.80 4,988.20 -89.60 -3,863.70 -25,197.60 -36,088.20 -1,869.20 79.20 -9,925.60 7,780.30 PAT before Minority Interest 21,717.60 23,501.80 4,988.20 -89.60 -3,863.70 -25,197.60 -36,088.20 -1,869.20 79.20 -9,925.60 7,780.30 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 18.28% 21.57% 5.30% -0.11% -5.46% -39.17% -66.44% -3.77% 0.15% -15.94% 12.90% PAT Growth 35.67% 371.15% - - - - - - - - EPS 35.64 38.56 8.18 -0.15 -6.34 -41.35 -59.22 -3.07 0.13 -16.29 12.77

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 2,03,465.80 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 96,532.10 Net Sales Growth 25.05% 15.34% 7.79% 19.39% 15.83% 18.82% 4.82% -2.25% -13.44% -1.10% Cost Of Goods Sold 0.00 2,329.40 3,979.00 3,356.90 2,559.70 1,817.50 1,295.80 1,085.50 999.40 907.30 605.30 Gross Profit 2,03,465.80 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 95,926.80 GP Margin 100.00% 98.65% 97.35% 97.59% 97.80% 98.19% 98.47% 98.66% 98.79% 99.05% 99.37% Total Expenditure 88,274.10 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 62,650.30 Power & Fuel Cost - 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 6,904.90 % Of Sales - 8.98% 8.43% 9.41% 9.00% 9.17% 9.70% 9.96% 8.36% 7.64% 7.15% Employee Cost - 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 4,910.80 % Of Sales - 3.65% 3.55% 3.47% 3.80% 4.09% 4.15% 4.70% 4.81% 4.51% 5.09% Manufacturing Exp. - 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 34,421.80 % Of Sales - 23.04% 25.09% 25.50% 28.22% 32.55% 35.56% 39.02% 36.57% 35.80% 35.66% General & Admin Exp. - 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 4,864.30 % Of Sales - 2.20% 2.33% 2.34% 2.55% 3.09% 3.94% 6.52% 5.87% 4.44% 5.04% Selling & Distn. Exp. - 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 8,241.00 % Of Sales - 6.62% 5.42% 5.21% 4.55% 3.78% 4.04% 5.15% 5.48% 6.99% 8.54% Miscellaneous Exp. - 615.20 931.90 614.70 368.80 426.40 529.40 2,753.90 1,117.80 2,678.00 8,241.00 % Of Sales - 0.36% 0.62% 0.44% 0.32% 0.42% 0.63% 3.41% 1.35% 2.81% 2.80% EBITDA 1,15,191.70 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 33,881.80 EBITDA Margin 56.61% 53.81% 51.90% 51.22% 49.37% 45.09% 40.45% 29.90% 36.35% 36.87% 35.10% Other Income 2,424.60 1,651.10 1,886.00 936.60 534.30 642.80 1,535.70 2,799.10 1,531.00 1,969.80 1,719.70 Interest 21,452.00 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 8,546.10 Depreciation 51,393.30 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 17,449.80 PBT 44,374.10 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 9,605.60 Tax 7,660.70 917.20 4,121.00 4,273.30 4,177.90 8,932.50 -12,512.40 -3,419.30 1,083.50 3,481.90 5,953.30 Tax Rate 17.26% 2.64% 41.34% 27.03% 41.53% -62.05% 27.52% 163.81% 49.11% 52.14% 50.54% PAT 36,713.40 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 6,076.70 PAT before Minority Interest 30,054.10 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 6,893.00 Minority Interest -6,659.30 -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 -816.30 PAT Margin 18.04% 19.40% 4.98% 6.00% 3.65% -25.98% -41.50% 0.51% 1.33% 3.98% 6.30% PAT Growth 62.46% 349.39% -10.53% 96.15% - - - -62.74% -71.08% -37.47% EPS 60.24 55.06 12.25 13.69 6.98 -42.89 -57.65 0.67 1.80 6.23 9.97

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 1,40,131.10 1,00,861.90 78,993.40 74,870.50 77,360.10 1,01,429.20 98,305.90 1,02,860.90 1,01,207.30 1,11,729.10 Share Capital 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 1,998.70 Total Reserves 1,36,975.20 97,802.40 75,993.50 71,981.40 74,528.00 98,643.50 96,241.60 1,00,795.20 98,810.70 1,09,347.90 Non-Current Liabilities 1,17,890.90 1,49,666.80 1,63,694.90 1,04,172.10 1,13,109.00 83,051.70 58,920.30 57,011.60 53,733.10 43,145.10 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.30 1.40 1.60 1.00 Unsecured Loans 90,280.10 1,19,499.60 1,36,230.00 97,322.80 89,908.80 70,471.20 58,611.70 54,466.70 50,340.50 41,456.00 Long Term Provisions 270.30 284.90 253.40 260.30 220.50 191.90 192.70 183.00 233.00 222.30 Current Liabilities 1,15,415.60 88,290.80 78,245.00 76,180.70 71,439.40 93,211.20 60,701.20 43,640.40 35,816.40 27,912.70 Trade Payables 32,347.70 28,753.10 25,998.90 25,576.30 22,295.00 18,655.30 19,124.50 17,699.00 14,969.80 11,970.60 Other Current Liabilities 48,923.50 33,526.70 30,942.50 19,674.80 27,252.80 26,260.90 18,324.80 17,502.50 13,781.20 15,057.40 Short Term Borrowings 3,600.80 1,461.20 10.00 9,994.60 1,693.50 7,309.20 22,918.30 8,068.00 6,547.80 699.90 Short Term Provisions 30,543.60 24,549.80 21,293.60 20,935.00 20,198.10 40,985.80 333.60 370.90 517.60 184.80 Total Liabilities 3,73,437.60 3,38,819.50 3,20,933.30 2,55,223.30 2,61,908.50 2,77,692.10 2,17,927.40 2,03,512.90 1,90,756.80 1,82,786.90 Net Block 2,34,288.10 2,21,717.40 1,87,409.10 1,63,735.70 1,57,388.40 1,61,679.30 1,33,811.90 1,22,609.40 1,11,522.80 91,925.50 Gross Block 4,29,848.00 4,03,646.30 3,49,315.80 3,01,755.80 2,74,748.00 2,61,360.00 2,23,971.10 1,98,828.10 1,76,461.30 1,45,668.70 Accumulated Depreciation 1,93,819.50 1,81,928.90 1,61,906.70 1,38,020.10 1,17,359.60 99,680.70 90,159.20 76,218.70 64,938.50 53,743.20 Non Current Assets 3,36,695.20 3,00,785.10 2,80,356.30 2,21,932.10 2,21,836.60 2,18,910.80 1,98,412.50 1,87,682.70 1,74,052.50 1,71,300.00 Capital Work in Progress 5,257.50 12,011.70 40,555.70 3,385.70 1,306.30 1,258.70 5,636.50 5,542.70 9,600.20 3,830.30 Non Current Investment 88,352.20 57,640.60 43,171.50 45,928.60 48,528.70 30,051.80 35,910.20 48,128.20 45,959.00 69,896.50 Long Term Loans & Adv. 4,302.00 5,102.10 5,272.70 5,158.50 11,298.00 23,269.60 21,032.60 11,154.60 6,747.40 5,548.20 Other Non Current Assets 4,495.40 4,313.30 3,947.30 3,723.60 3,315.20 2,651.40 2,021.30 247.80 223.10 99.50 Current Assets 36,742.40 38,034.40 40,577.00 33,291.20 40,071.90 58,781.30 19,514.90 15,830.20 15,331.40 11,486.90 Current Investments 0.00 0.00 3,519.90 797.40 3,744.30 8,675.00 1,669.60 0.00 0.00 0.80 Inventories 0.00 0.00 0.00 0.40 0.80 3.10 1.00 6.30 3.90 71.20 Sundry Debtors 3,171.50 2,500.30 2,116.50 2,771.70 3,178.20 3,810.00 3,840.30 4,319.60 3,211.80 3,172.40 Cash & Bank 703.10 740.80 1,443.00 341.40 1,036.50 3,397.60 235.30 545.10 173.40 46.60 Other Current Assets 32,867.80 23,412.60 21,608.40 20,405.90 32,112.10 42,895.60 13,768.70 10,959.20 11,942.30 8,195.90 Short Term Loans & Adv. 7,906.30 11,380.70 11,889.20 8,974.40 12,334.60 14,009.50 13,176.90 10,441.70 11,464.00 7,526.30 Net Current Assets -78,673.20 -50,256.40 -37,668.00 -42,889.50 -31,367.50 -34,429.90 -41,186.30 -27,810.20 -20,485.00 -16,425.80 Total Assets 3,73,437.60 3,38,819.50 3,20,933.30 2,55,223.30 2,61,908.50 2,77,692.10 2,17,927.40 2,03,512.90 1,89,383.90 1,82,786.90

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 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 66,769.30 Share Capital 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 1,998.70 Total Reserves 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 64,253.70 Non-Current Liabilities 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 90,121.60 Secured Loans 2,029.50 1,037.70 288.80 0.00 0.00 0.00 0.30 225.60 705.30 1,875.60 Unsecured Loans 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 87,393.00 Long Term Provisions 3,039.60 544.30 474.40 463.90 502.00 754.80 682.30 721.20 747.10 735.00 Current Liabilities 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 58,827.70 Trade Payables 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 25,580.60 Other Current Liabilities 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 26,089.30 Short Term Borrowings 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 5,723.80 Short Term Provisions 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 1,434.00 Total Liabilities 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 2,21,216.70 Net Block 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 1,72,292.80 Gross Block 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 2,59,636.80 Accumulated Depreciation 2,78,619.90 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 87,344.00 Non Current Assets 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 1,98,194.20 Capital Work in Progress 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 5,702.00 Non Current Investment 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 8,961.20 Long Term Loans & Adv. 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 8,003.40 Other Non Current Assets 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 3,234.80 Current Assets 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 22,439.40 Current Investments 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 1,615.90 Inventories 451.70 363.90 257.60 375.00 266.00 156.90 88.40 69.30 48.80 440.40 Sundry Debtors 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 5,503.90 Cash & Bank 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 5,098.70 Other Current Assets 41,308.30 27,326.50 24,969.50 23,042.10 33,097.50 42,219.90 15,788.00 13,978.40 6,624.20 9,780.50 Short Term Loans & Adv. 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 5,435.70 Net Current Assets -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 -36,388.30 Total Assets 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 2,20,633.60

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 62,336.30 53,208.80 43,582.60 36,754.40 34,392.30 4,026.40 10,812.10 15,954.30 21,165.50 19,449.90 PBT 17,864.40 7,116.10 1,269.30 -4,255.70 -18,465.20 -51,020.90 -5,243.90 -681.20 -8,509.50 10,254.20 Adjustment 44,008.00 44,198.30 43,155.60 38,487.30 47,075.00 71,760.30 18,585.70 19,555.20 31,200.50 11,321.60 Changes in Working Capital -69.80 1,556.60 -653.30 2,189.30 5,916.20 -16,403.80 -3,477.90 -2,679.30 -81.60 53.80 Cash after chg. in Working capital 61,802.60 52,871.00 43,771.60 36,420.90 34,526.00 4,335.60 9,863.90 16,194.70 22,609.40 21,629.60 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid 533.70 337.80 -189.00 333.50 -133.70 -309.20 948.20 -240.40 -1,443.90 -2,179.70 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 -41,452.90 -34,876.80 -30,006.30 -33,169.70 -13,223.30 -22,271.50 -20,455.90 -17,210.80 -24,283.20 -21,989.30 Net Fixed Assets -19,447.50 -25,786.50 -84,730.00 -29,087.20 -13,435.60 -33,011.10 -25,236.80 -18,309.30 -36,562.50 -40,345.10 Net Investments -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 -26,780.40 Others 8,706.20 1,858.90 54,689.10 -9,629.50 13,758.50 11,886.60 -5,767.50 3,267.70 -11,659.00 45,136.20 Cash from Financing Activity -20,755.00 -19,183.70 -12,500.40 -4,288.90 -23,217.60 21,114.10 9,397.60 1,636.90 3,455.70 1,898.40 Net Cash Inflow / Outflow 128.40 -851.70 1,075.90 -704.20 -2,048.60 2,869.00 -246.20 380.40 338.00 -641.00 Opening Cash & Equivalents 534.40 1,386.10 310.20 1,014.40 3,039.70 170.70 416.90 82.20 -255.80 385.20 Closing Cash & Equivalent 662.80 534.40 1,386.10 310.20 991.10 3,039.70 170.70 462.60 82.20 -255.80

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 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 27,942.30 PBT 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 12,846.30 Adjustment 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 20,175.10 Changes in Working Capital 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 -395.50 Cash after chg. in Working capital 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 32,625.90 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -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 -4,683.60 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 -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 -14,225.70 Net Fixed Assets -19,447.50 -25,786.50 -84,730.00 -29,087.20 -13,435.60 -33,011.10 -25,236.80 -18,309.30 -36,562.50 -40,345.10 Net Investments -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 -26,780.40 Others -10,110.70 -13,468.20 45,615.20 -18,329.40 93.40 3,666.20 -13,812.50 -7,489.10 -17,980.20 52,899.80 Cash from Financing Activity -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 -11,946.10 Net Cash Inflow / Outflow 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 1,770.50 Opening Cash & Equivalents 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 -141.30 Closing Cash & Equivalent 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 1,763.50

Financial Ratios

Consolidated /

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 241.16 175.00 138.95 133.77 138.05 182.31 225.61 236.07 231.51 255.71 ROA 6.60% 1.51% -0.03% -1.49% -9.34% -14.56% -0.89% 0.04% -5.31% 4.81% ROE 19.54% 5.56% -0.12% -5.08% -28.21% -36.16% -1.86% 0.08% -9.36% 8.22% ROCE 13.86% 9.64% 7.86% 5.06% -3.46% -21.63% 1.49% 3.17% -2.04% 10.74% Fixed Asset Turnover 0.26 0.25 0.26 0.25 0.24 0.22 0.23 0.29 0.39 0.49 Receivable days 9.50 8.95 10.53 15.34 19.83 25.70 30.02 25.61 18.71 19.62 Inventory Days 0.00 0.00 0.00 0.00 0.01 0.01 0.03 0.03 0.22 0.39 Payable days 0.00 0.00 0.00 0.00 0.00 131.59 136.84 130.64 104.21 79.18 Cash Conversion Cycle 9.50 8.95 10.53 15.34 19.84 -105.87 -106.79 -104.99 -85.28 -59.16 Total Debt/Equity 0.79 1.25 1.78 1.44 1.22 0.81 0.85 0.64 0.60 0.41 Interest Cover 2.17 1.49 1.09 0.68 -0.50 -3.45 0.33 0.88 -0.62 3.89

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 195.49 142.20 136.41 118.88 105.16 138.62 163.85 159.51 153.98 152.15 ROA 8.20% 2.01% 3.19% 2.48% -7.07% -10.44% 0.52% 0.47% 1.41% 2.76% ROE 38.40% 10.75% 17.08% 13.25% -34.32% -42.20% 1.89% 1.64% 4.80% 11.05% ROCE 24.26% 14.81% 16.21% 14.99% 0.36% -15.21% 4.58% 6.49% 9.49% 14.02% Fixed Asset Turnover 0.29 0.29 0.31 0.29 0.27 0.25 0.26 0.29 0.36 0.41 Receivable days 12.85 10.60 10.54 12.05 14.95 18.48 23.01 23.46 19.58 20.25 Inventory Days 0.86 0.76 0.83 1.00 0.77 0.51 0.36 0.26 0.94 1.54 Payable days 5741.71 3120.12 3379.84 4074.38 5245.45 125.46 138.68 148.74 131.56 104.72 Cash Conversion Cycle -5727.99 -3108.76 -3368.47 -4061.32 -5229.73 -106.47 -115.31 -125.02 -111.04 -82.93 Total Debt/Equity 1.31 1.86 2.14 2.00 2.20 1.53 1.69 1.60 1.60 1.52 Interest Cover 2.77 1.56 1.86 1.75 0.05 -2.09 0.80 1.24 1.70 2.38

Top Investors:

lici money plus growth fund

sbi long term advantage fund - series vi

nps trust a/c - sbi pf nps jeevan swarna retiremen

icici prudential alpha low vol 30 etf

hdfc trustee company limited-hdfc flexi cap fund

government of singapore - e

google international llc

uti multi cap fund

government pension fund global

Annual Reports:

News Update:

Bharti Airtel deploys over 3400 new 5G sites across Maharashtra, Goa
21st Apr 2026, 14:50 PM

The company’s network expansion across 36 districts now brings dependable, high-speed coverage to over 22 million customers
Read More
Bharti Airtel deploys over 4300 new 5G sites across UP East
7th Apr 2026, 10:10 AM

Customers in Lucknow, Kanpur, Varanasi, Prayagraj, Gorakhpur, Ayodhya, Jhansi and several others districts will directly benefit from this enhanced network footprint
Read More
Bharti Airtel’s Nxtra to gets $1 billion investment from investors
31st Mar 2026, 15:06 PM

As part of the pact, Alpha Wave Global will invest $435 million, Carlyle $240 million, Anchorage Capital $35 million, with the rest being infused by the company
Read More
Bharti Airtel adds over 2,750 new 5G sites in Gujarat
23rd Mar 2026, 12:49 PM

Customers in key districts including Ahmedabad, Baroda, Rajkot, Surat, and several others will directly benefit from this enhanced footprint
Read More
Bharti Airtel adds 44.06 lakh subscribers in January
20th Mar 2026, 14:51 PM

Following this, the company’s total customer base has increased to 46.78 crore in January 2026
Read More
Bharti Airtel expands network footprint to Marwah
10th Mar 2026, 15:58 PM

Airtel has become the first and only service provider to deliver reliable mobile connectivity to this strategically significant and difficult-to-reach region
Read More
Bharti Airtel, Google collaborate to advance spam protection in India
2nd Mar 2026, 09:21 AM

The partnership is to offer a secure and engaging messaging experience for millions of users in India
Read More
Bharti Airtel, Zscaler launches AI & Cyber Threat Research Center
21st Feb 2026, 17:22 PM

New research center to strengthen India’s cyber resilience, build talent pipelines, and advance public-private collaboration
Read More
Bharti Airtel launches new AI-powered protection from frauds caused by OTP leakages
11th Feb 2026, 14:42 PM

Airtel's new AI-powered system identifies such potentially risky situations and warns the customers involved
Read More
Bharti Airtel’s Q3 consolidated net profit tumbles 55%
6th Feb 2026, 10:39 AM

Consolidated total income increased by 19.92% at Rs 54,683.90 crore for Q3FY26
Read More
Bharti Airtel - Quarterly Results
6th Feb 2026, 00:00 AM

Read More
Bharti Airtel opens 100th retail store in Gujarat
22nd Jan 2026, 12:21 PM

The launch reinforces Airtel’s focus on strengthening its offline presence and bringing digital services closer to customers
Read More
Bharti Airtel deploys over 2,400 new 5G sites across Madhya Pradesh, Chhattisgarh
19th Jan 2026, 11:37 AM

The company’s network expansion across 87 districts now brings dependable, high-speed coverage to 36 million customers in bustling cities
Read More

Bharti Airtel Ltd.

Telecommunication - Service Provider

BSE: 532454 | NSE: BHARTIARTL

Stock Summary

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update:

Bharti Airtel Ltd.

Telecommunication - Service Provider

BSE: 532454 | NSE: BHARTIARTL

Stock Summary

Shareholding Pattern

Chart

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

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Consolidated Figures in Rs. Crores /

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Cash Flow

Consolidated Figures in Rs. Crores /

Financial Ratios

Consolidated /

Top Investors:

Annual Reports:

News Update: