Bharti Airtel Ltd.
NSE: BHARTIARTL · Telecom - Cellular & Fixed line services
Snapshot
Unlock Bharti Airtel Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Bharti Airtel Limited is a leading telecommunications provider operating across Asia and Africa, offering a comprehensive suite of mobile, fixed-line, broadband, and enterprise services. The company also provides digital infrastructure, including data centres, submarine cable systems, and tower infrastructure, alongside digital entertainment and financial services.
Business Model
The company generates revenue through subscription-based mobile and home broadband services, enterprise connectivity solutions, and digital service offerings. It further monetises its infrastructure assets through tower leasing and data centre operations.
- Customer Base:474 million
Management Commentary
Management is focused on accelerating 5G deployment through strategic collaborations with technology partners like Qualcomm, Google Cloud, and TCS. These partnerships aim to enhance enterprise-grade solutions and network infrastructure capabilities.
Growth Outlook
Growth is expected to be driven by the rollout of 5G network solutions and the expansion of digital enterprise services, including cloud, cybersecurity, and IoT. Continued investment in digital infrastructure and strategic technology partnerships remains central to the company's long-term strategy.
Key Risks
- Regulatory and Compliance Risk. The telecom sector is subject to stringent government regulations and licensing requirements that can impact operational costs and profitability.
- Intense Market Competition. The company faces aggressive competition from domestic and international players, which may exert downward pressure on average revenue per user.
- Technological Obsolescence. Rapid advancements in telecommunications technology require significant and continuous capital expenditure to maintain network relevance and service quality.
- Geopolitical and Currency Risk. Operating across diverse markets in Africa and Asia exposes the company to currency volatility and potential geopolitical instability.
Price
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Key Metrics
REVENUE
₹2,10,973 Cr
TTM · consolidated
NET PROFIT
₹33,823 Cr
TTM · consolidated
EPS
₹45.89
TTM · consolidated
RETURN ON EQUITY
27.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
19.2%
TTM · consolidated
P/E
41.9x
Q4 FY26 · consolidated
EV/EBITDA
10.7x
Q4 FY26 · consolidated
EBITDA MARGIN
58.1%
TTM · consolidated
NET PROFIT MARGIN
16.7%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.8x
Q4 FY26 · consolidated
Peers · Telecom - Cellular & Fixed line services
| Company | Mkt Cap (Cr) | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Bharti Airtel Ltd.BHARTIARTL | 10,97,581 | 41.88 | 10.67 | 22.0% | 58.1% | 27.6% | 19.2% | -0.8% |
Reliance Industries Ltd.RELIANCE | 19,11,528 | 21.72 | 9.54 | 9.7% | 19.3% | 11.2% | 9.8% | -12.7% |
Vodafone Idea Ltd.IDEA | 96,641 | 4.38 | 15.24 | 3.0% | 43.6% | -56.0% | 38.7% | +77.4% |
Bharti Hexacom Ltd.BHARTIHEXA | 78,155 | 46.98 | 16.43 | 9.4% | 54.7% | 27.8% | 22.8% | -10.0% |
Tata Communications Ltd.TATACOMM | 40,444 | 50.23 | 12.17 | 7.0% | 20.7% | 31.9% | 15.5% | +6.7% |
Tata Teleservices (Maharashtra) Ltd.TTML | 6,803 | -36.99 | 45.22 | -11.3% | 54.5% | 1.1% | -10.7% | -36.7% |
As of Q4 FY26
Financials
Bharti Airtel Ltd.
NSE: BHARTIARTL · Telecom - Cellular & Fixed line services
Snapshot
Unlock Bharti Airtel Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Bharti Airtel Limited is a leading telecommunications provider operating across Asia and Africa, offering a comprehensive suite of mobile, fixed-line, broadband, and enterprise services. The company also provides digital infrastructure, including data centres, submarine cable systems, and tower infrastructure, alongside digital entertainment and financial services.
Business Model
The company generates revenue through subscription-based mobile and home broadband services, enterprise connectivity solutions, and digital service offerings. It further monetises its infrastructure assets through tower leasing and data centre operations.
- Customer Base:474 million
Management Commentary
Management is focused on accelerating 5G deployment through strategic collaborations with technology partners like Qualcomm, Google Cloud, and TCS. These partnerships aim to enhance enterprise-grade solutions and network infrastructure capabilities.
Growth Outlook
Growth is expected to be driven by the rollout of 5G network solutions and the expansion of digital enterprise services, including cloud, cybersecurity, and IoT. Continued investment in digital infrastructure and strategic technology partnerships remains central to the company's long-term strategy.
Key Risks
- Regulatory and Compliance Risk. The telecom sector is subject to stringent government regulations and licensing requirements that can impact operational costs and profitability.
- Intense Market Competition. The company faces aggressive competition from domestic and international players, which may exert downward pressure on average revenue per user.
- Technological Obsolescence. Rapid advancements in telecommunications technology require significant and continuous capital expenditure to maintain network relevance and service quality.
- Geopolitical and Currency Risk. Operating across diverse markets in Africa and Asia exposes the company to currency volatility and potential geopolitical instability.
Price
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Unlock AI insights, financials, peers and live data on Bharti Airtel Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹2,10,973 Cr
TTM · consolidated
NET PROFIT
₹33,823 Cr
TTM · consolidated
EPS
₹45.89
TTM · consolidated
RETURN ON EQUITY
27.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
19.2%
TTM · consolidated
P/E
41.9x
Q4 FY26 · consolidated
EV/EBITDA
10.7x
Q4 FY26 · consolidated
EBITDA MARGIN
58.1%
TTM · consolidated
NET PROFIT MARGIN
16.7%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.8x
Q4 FY26 · consolidated
Peers · Telecom - Cellular & Fixed line services
As of Q4 FY26