Telecommunication · NIFTY 50
Bharti Airtel Limited
NSEBHARTIARTL
BSE532454 ISININE397D01024 SeriesEQ Listed on NSE · BSE
₹2,096.00 -13.00 (-0.62%) Updated 12 Nov, 8:49 pm IST
Price, daily close-0.29% in a year
Today
- Open
- ₹2,094.00
- Prev close
- ₹2,109.00
- Day high
- ₹2,104.00
- Day low
- ₹2,070.50
- Volume
- 76.47 L
- Value traded
- ₹1,599.14 Cr
- Upper circuit
- ₹2,156.80
- Lower circuit
- ₹2,031.20
- 52W high
- ₹2,174.50
- 52W low
- ₹1,726.30
- 1 month
- +16.77%
- 6 months
- +19.74%
52W low52W high
Ratios
Key numbers
Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.
Market cap₹1,308,072 Cr
P/E (TTM)41.28
P/B8.28
Book value / share₹253.25
EPS (TTM)₹50.78
ROE19.6%
Dividend yield1.15%
Dividend (12m)₹24.00 / share
Net margin (TTM)13.6%
Operating margin57.1%
Debt / equity0.77
Current ratio0.52
EV / EBITDA11.23
Sales growth (YoY qtr)+16.75%
Profit growth (YoY qtr)+30.86%
Sales CAGR 3Y+14.88%
Profit CAGR 3Y+47.34%
Shares624.08 Cr
Quarterly results
Results for each quarter
Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.
Revenue and net profit
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
Revenue · QoQ (vs last quarter)
—-0.8%+2.4%+7.7%+8.8%+6.1%+3.3%+5.4%+3.5%+2.6%+5.7%+4.0%
Revenue · YoY (vs a year ago)
————+19%+27%+28%+26%+20%+16%+18%+17%
Net profit · QoQ (vs last quarter)
—-15%+101%-14%+311%-25%-46%+14%-2.4%+10%+11%+8.8%
Net profit · YoY (vs a year ago)
————+505%+432%+43%+89%-55%-34%+37%+31%
RevenueNet profitLine = trend
Dec 23
Mar 24
Jun 24
Sep 24
Dec 24
Mar 25
Jun 25
Sep 25
Dec 25
Mar 26
Jun 26
Sep 26
EPS (₹) · YoY (vs a year ago)
————+491%+424%+42%+87%-55%-34%+35%+27%
EPS (₹)Line = trend
| ₹ Cr | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 37,900 | 37,599 | 38,506 | 41,473 | 45,129 | 47,876 | 49,463 | 52,145 | 53,982 | 55,383 | 58,539 | 60,878 |
| Other income | 440 | 317 | 364 | 255 | 470 | 486 | 509 | 728 | 702 | 879 | 907 | 877 |
| Total income | 38,339 | 37,916 | 38,870 | 41,728 | 45,599 | 48,362 | 49,971 | 52,873 | 54,684 | 56,262 | 59,446 | 61,754 |
| Raw material | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Purchases | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Employee cost | 1,323 | 1,364 | 1,373 | 1,497 | 1,608 | 1,831 | 1,738 | 1,857 | 1,958 | 2,028 | 2,178 | 2,169 |
| Other expenses | 16,762 | 16,870 | 17,426 | 18,131 | 18,925 | 19,036 | 19,886 | 20,727 | 21,241 | 21,864 | 23,059 | 23,763 |
| Total expenses | 34,804 | 33,513 | 34,491 | 36,051 | 37,912 | 38,696 | 39,550 | 40,632 | 42,242 | 43,141 | 45,428 | 46,256 |
| Operating profit | 19,685 | 16,909 | 20,443 | 20,993 | 32,142 | 26,869 | 27,839 | 29,561 | 30,526 | 28,331 | 32,949 | 34,766 |
| OPM % | 51.9% | 45.0% | 53.1% | 50.6% | 71.2% | 56.1% | 56.3% | 56.7% | 56.5% | 51.2% | 56.3% | 57.1% |
| Finance cost | 6,645 | 5,203 | 5,152 | 5,424 | 5,676 | 5,502 | 5,461 | 4,866 | 5,623 | 5,606 | 5,956 | 5,707 |
| Depreciation | 10,074 | 10,075 | 10,540 | 11,000 | 11,704 | 12,326 | 12,465 | 13,182 | 13,420 | 13,644 | 14,235 | 14,617 |
| Exceptional items | -130 | -2,456 | 735 | -854 | 7,546 | -140 | — | — | -257 | -3,161 | -353 | -180 |
| Profit before tax | 3,405 | 1,948 | 5,114 | 4,824 | 15,232 | 9,526 | 10,422 | 12,241 | 12,185 | 9,960 | 13,665 | 15,318 |
| Tax | 1,232 | 710 | 1,308 | 1,744 | 757 | -2,892 | 3,083 | 3,672 | 3,799 | 797 | 3,761 | 4,718 |
| Net profit | 2,876 | 2,068 | 4,718 | 4,153 | 16,135 | 12,476 | 7,422 | 8,651 | 8,503 | 9,247 | 10,012 | 10,710 |
| Profit to shareholders | 2,442 | 2,072 | 4,160 | 3,593 | 14,781 | 11,022 | 5,948 | 6,792 | 6,631 | 7,325 | 8,167 | 8,888 |
| EPS (₹) | 4.17 | 3.51 | 6.98 | 6.00 | 24.65 | 18.38 | 9.90 | 11.24 | 11.02 | 12.15 | 13.37 | 14.24 |
Profit & loss
Results for each year
8 financial years (April to March), consolidated, ₹ crore.
Sales, operating profit and net profit
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26
Revenue · YoY (vs a year ago)
—+8.4%+15%+16%+19%+7.8%+15%+22%
Net profit · YoY (vs a year ago)
—-7,959%+53%+128%+96%-11%+349%-20%
RevenueOperating profitNet profitLine = trend
| ₹ Cr | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 80,780 | 87,539 | 100,616 | 116,547 | 139,145 | 149,982 | 172,985 | 210,973 |
| Other income | 291 | 325 | 643 | 534 | 937 | 1,435 | 1,574 | 2,817 |
| Total expenses | 86,088 | 91,128 | 99,740 | 108,720 | 123,603 | 133,876 | 147,150 | 165,564 |
| Employee cost | 3,798 | 3,807 | 4,115 | 4,433 | 4,831 | 5,323 | 6,309 | 7,581 |
| Operating profit | 28,748 | -3,752 | 29,457 | 59,233 | 70,604 | 70,720 | 100,446 | 116,257 |
| OPM % | 35.6% | -4.3% | 29.3% | 50.8% | 50.7% | 47.2% | 58.1% | 55.1% |
| Finance cost | 9,779 | 12,382 | 15,091 | 16,616 | 19,300 | 22,648 | 21,754 | 21,555 |
| Depreciation | 21,348 | 27,690 | 29,404 | 33,091 | 36,432 | 39,538 | 45,570 | 52,711 |
| Profit before tax | -2,087 | -43,499 | -14,395 | 10,060 | 15,809 | 9,970 | 34,696 | 44,808 |
| Tax | -3,419 | -12,182 | 8,933 | 4,178 | 4,273 | 4,121 | 917 | 11,350 |
| Tax rate % | — | — | — | 41.5% | 27.0% | 41.3% | 2.6% | 25.3% |
| Net profit | 1,688 | -30,664 | -12,364 | 8,305 | 12,287 | 8,558 | 37,481 | 33,823 |
| Profit to shareholders | 410 | -32,183 | -15,084 | 4,255 | 8,346 | 7,467 | 33,556 | 26,695 |
| Net margin % | 0.5% | -36.8% | -15.0% | 3.7% | 6.0% | 5.0% | 19.4% | 12.7% |
| EPS (₹) | 1.02 | -63.41 | -27.65 | 7.63 | 14.57 | 12.80 | 56.04 | 44.37 |
Balance sheet
Assets and debt
At each year end (and the latest half year), ₹ crore.
Equity, debt and assets
Mar 23
Mar 24
Mar 25
Mar 26
Sep 26
Shareholders' equity · YoY (vs a year ago)
—+5.7%+39%+31%—
Shareholders' equityBorrowingsCashLine = trend
| ₹ Cr | Mar 23 | Mar 24 | Mar 25 | Mar 26 | Sep 26 |
|---|---|---|---|---|---|
| Shareholders' equity | 77,563 | 82,019 | 113,672 | 149,057 | 158,047 |
| Long-term borrowings | 151,569 | 130,963 | 104,864 | 100,085 | 96,754 |
| Short-term borrowings | 13,976 | 20,954 | 43,449 | 21,587 | 24,375 |
| Total borrowings | 165,545 | 151,917 | 148,312 | 121,671 | 121,129 |
| Current liabilities | 121,964 | 138,668 | 180,440 | 174,506 | 185,774 |
| Fixed assets (PPE) | 149,871 | 162,549 | 203,514 | 224,390 | 236,920 |
| Inventories | 258 | 364 | 452 | 601 | 646 |
| Trade receivables | 3,982 | 4,728 | 7,456 | 7,978 | 9,226 |
| Cash & equivalents | 7,179 | 6,916 | 6,106 | 13,722 | 7,446 |
| Current assets | 57,501 | 58,276 | 67,589 | 90,158 | 96,552 |
| Total assets | 446,633 | 444,531 | 514,360 | 552,152 | 568,360 |
| Debt / equity | 2.13 | 1.85 | 1.30 | 0.82 | 0.77 |
Cash flow
Cash coming in and going out
For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.
Operating, investing and financing cash
FY22
FY23
FY24
FY25
FY26
Operations · YoY (vs a year ago)
—+19%+21%+25%+24%
OperationsInvestingFinancingLine = trend
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 55,017 | 65,325 | 78,898 | 98,332 | 122,230 |
| Cash from investing | -41,870 | -39,080 | -50,204 | -60,270 | -58,535 |
| Cash from financing | -15,203 | -24,470 | -27,779 | -36,533 | -52,293 |
| Spent on fixed assets | -26,541 | -26,057 | -38,192 | -37,908 | -45,176 |
| Free cash flow | 28,476 | 39,268 | 40,707 | 60,425 | 77,054 |
| Net cash flow | -2,056 | 1,775 | 916 | 1,529 | 11,403 |
Shareholding
Who holds the shares
Promoter and public holding at each quarter end, as filed with NSE.
Holding over time
Promoter & groupPublic
Latest (30 Sep 2026)
50.1%promoter
- Promoter & group
- 50.07%
- Public (FIIs, mutual funds, retail…)
- 49.90%
- Employee trusts
- 0.03%
- Promoter change, last quarter
- 0.00 pts
Dividends & news
Latest dividends and announcements
Dividends & corporate actions
- Dividend - Rs 24 Per Share
- Dividend - Rs 16 Per Share
- Dividend - Rs 8 Per Share
- Dividend - Rs 4 Per Share
- Dividend - Rs 3 Per Share
- Rights 1:14 @ Premium Rs 530/-
- Dividend - Rs 2 Per Share
- Rights 19:67 @ Premium Rs 215 Per Share
Board meetings
- Bharti Airtel Limited has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Audited Financia…
- Bharti Airtel Limited has informed the Exchange about Board Meeting to be held on 05-Nov-2026 to inter-alia consider and approve the Audited Financia…
- Intimation of Board Meeting for Audited Financial Results (Standalone & Consolidated) for the Second Quarter (Q2) and Six Months ended September 30, …
- Bharti Airtel Limited has informed the Exchange about Board Meeting to be held on 04-Aug-2026 to inter-alia consider and approve the Audited Financia…
- Bharti Airtel Limited has informed the Exchange about Board Meeting to be held on 04-Aug-2026 to inter-alia consider and approve the Audited Financia…
Filings with NSE
- Analysts/Institutional Investor Meet/Con. Call Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Analysts/Institutional Investor Meet/Con. Call Updates
- Action(s) taken or orders passed
- General Updates
- Statement of deviation(s) or variation(s) under Reg. 32
- Monitoring Agency Report
Latest news
Bharti Airtel Share Price - Live NSE: BHARTIARTL Stock Price & ChartUpstox · 9 Nov, 4:11 pmBharti Airtel shares: Rs 20,000 crore m-cap gone amid target revisions by Morgan Stanley, JPMorgan, othersBusiness Today · 9 Nov, 2:15 pmBharti Airtel jumps 4%, sees sharpest intraday gain in 3 months; here's whyBusiness Standard · 15 Oct, 12:30 pmBharti Airtel shares rise after postpaid tariff hike, Motilal Oswal retains buyBusinessLine · 8 Oct, 12:30 pmWhere Could Bharti Airtel Share Price Potentially Be in the Next 5 Years?Equitymaster · 8 Oct, 12:30 pmBharti Airtel Shares Gain Over 2% TodayMoneycontrol.com · 14 Aug, 12:30 pmBharti Airtel share price can rise 25%, JM Fin says after four prepaid packs withdrawnCNBC TV18 · 13 Aug, 12:30 pmBharti Airtel share price drops 4% on NBFC expansion plans; biggest intraday fall in 3 monthsLivemint · 24 Feb, 1:30 pmAbout
About Bharti Airtel Limited
Bharti Airtel is an Indian multinational telecommunications company, headquartered in New Delhi. It operates in 18 countries across the Indian subcontinent, Africa, and the Channel Islands. In India, the company provides mobile telephony services using 5G, 4G, and LTE Advanced technologies, along with fixed-line broadband and voice services, while the range of services varies by country of operation.
From Wikipedia (CC BY-SA 4.0).
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Company details
- Company name
- Bharti Airtel Limited
- NSE symbol
- BHARTIARTL
- BSE scrip code
- 532454
- ISIN
- INE397D01024
- Listed on
- NSE, BSE
- Series
- EQ (normal equity)
- Listed on NSE since
- 15 Feb 2002
- Face value
- ₹5 per share
- Market lot
- 1 share
- Shares issued
- 624.08 crore
- Index
- NIFTY 50, NIFTY 500
- Sector (NSE)
- Telecommunication
- Industry
- Wireless Telecommunications
- Managing director / CEO
- Shashwat Sharma
- Chair
- Sunil Bharti Mittal
- Headquarters
- Gurgaon, IN
- Registered address
- Bharti Crescent, 1 Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi-110070, India
- Founded
- 1995
- Employees
- 91,130
- Financial year
- April to March
- Results basis
- Consolidated
- Website
- airtel.in
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Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.