What is Bharti Airtel Ltd's PE ratio?

Bharti Airtel Ltd trades at a P/E ratio of 44.50.

What is Bharti Airtel Ltd's market cap?

Bharti Airtel Ltd's market capitalisation is ₹11.84L Cr.

When did Bharti Airtel Ltd last report results?

Bharti Airtel Ltd last reported Q4FY26 results on 13 May '26.

What is Bharti Airtel Ltd's ROE?

Bharti Airtel Ltd's return on equity (ROE) is 20.3%.

What sector is Bharti Airtel Ltd in?

Bharti Airtel Ltd (BHARTIARTL) is classified in the Telecommunication sector (Telecom - Cellular & Fixed line services).

Telecommunication · Telecom - Cellular & Fixed line services

Bharti Airtel Ltd (BHARTIARTL)

₹1,898.20

Mkt cap

₹11.84L Cr

P/E ratio

44.50

P/B

7.75

Div yield

1.26%

ROE

20.30%

ROCE

17.60%

EPS (TTM)

₹42.66

Book value

₹245

52W range

1,757–2,163

Sector

Telecommunication

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]

NSE BHARTIARTLBSE 532454www.airtel.in

Health check

Mixed

ValuationFair

ProfitabilityStrong

GrowthModerate

TechnicalsBearish

52-week range

−12.23% from high

₹1,898

₹1,757+8.05% from low₹2,163

Current

₹1,898.20

Prev close

₹1,901.00

Day

−0.15%

Price performance

−0.15%

−2.16%

+2.57%

+4.61%

−4.90%

−1.64%

YTD

−9.88%

Financials

F

Revenue, profit & margin

P/E ratio

44.5×

BHARTIARTL is 6% below the sector median of 47.3×

BHARTIARTL44.5×

Sector median47.3×

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	36,009	37,440	37,044	37,900	37,599	38,506	41,473	45,129	47,876	49,463	52,145	53,982	55,383
Expenses	17,312	17,842	17,530	18,085	18,234	18,799	19,627	20,533	20,867	21,624	22,584	23,199	23,892
Operating Profit	18,697	19,598	19,514	19,815	19,365	19,708	21,846	24,597	27,009	27,839	29,561	30,783	31,492
OPM %	52%	52%	53%	52%	52%	51%	53%	54%	56%	56%	57%	57%	57%
Other Income	886	-2,478	-654	1,013	-1,308	2,010	475	9,675	403	592	809	562	-2,198
Interest	5,163	5,614	5,186	6,645	5,203	5,152	5,424	5,676	5,502	5,461	4,866	5,623	5,606
Depreciation	9,406	9,654	9,734	10,074	10,075	10,540	11,000	11,704	12,326	12,465	13,182	13,420	13,644
Profit before tax	5,014	1,853	3,940	4,108	2,778	6,025	5,897	16,892	9,584	10,504	12,322	12,301	10,045
Tax %	16%	18%	47%	30%	26%	22%	30%	4%	-30%	29%	30%	31%	8%
Net Profit	4,226	1,520	2,093	2,876	2,068	4,718	4,153	16,135	12,476	7,422	8,651	8,503	9,247
EPS in Rs	5.39	2.89	2.39	4.34	3.66	7.31	6.31	25.95	19.33	10.43	11.91	11.63	12.02
Raw PDF

Earnings

EResults dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move −0.06% · closed higher next day 26 of last 57

	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26†
Broadcast	4 Aug '23	31 Oct '23◦	5 Feb '24◦	14 May '24◦	5 Aug '24◦	28 Oct '24◦	6 Feb '25◦	13 May '25◦	5 Aug '25◦	3 Nov '25◦	5 Feb '26◦	13 May '26◦
Earnings day	+2.06%	−0.10%	+1.84%	+1.99%	−1.51%	−1.58%	+3.52%	+0.75%	−0.11%	+1.89%	+2.31%	+5.27%
+1 day	+2.26%	+1.03%	+1.86%	+4.73%	−1.63%	−1.80%	+4.53%	+2.56%	−0.48%	+1.01%	+2.30%	+6.49%
+5 days	−0.13%	+2.44%	+0.39%	+4.95%	−0.41%	−3.88%	+6.01%	+0.10%	−3.33%	−0.01%	+0.62%	+5.37%
+15 days	−0.15%	+6.81%	+1.25%	+4.68%	+6.18%	−5.65%	−1.48%	+3.01%	−2.23%	+2.55%	−5.68%	+0.50%
+30 days	+5.56%	+8.55%	+10.62%	+14.91%	+12.91%	+1.11%	+6.84%	+7.96%	+1.58%	+1.64%	−9.86%	+2.90%
Filing	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	XBRL	PDF	PDF	XBRL	XBRL	XBRL

Corporate actions

CLast 6 months

Kind	Value	Ex-date	Record
dividend Dividend - Rs 24 Per Share	24.00	24 Jul '26	24 Jul '26

Shareholding

Sas of Jun 2026

48.87%Promoter

Promoters48.87%

FIIs27.13%0.66

DIIs21.14%0.61

Public2.69%0.06

Government0.12%

Ownership trend

Peers

P7 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
Bharti Airtel	₹1,898.20	44.49	11,84,393	1.26%	9,247	−16.49%	55,383	+15.68%	17.56%
Vodafone Idea	₹13.13	—	1,42,147	0.00%	51,970	+23.08%	11,332	+2.88%	−1.60%
Bharti Hexacom	₹1,607.60	47.29	80,380	1.12%	447	−1.09%	2,414	+5.45%	21.37%
Tata Comm	₹1,775.30	48.66	50,633	0.99%	130	−25.37%	6,583	+10.45%	14.63%
Tata Tele. Mah.	₹39.38	—	7,695	0.00%	−72	+77.54%	302	+6.09%	55.65%
M T N L	₹27.11	—	1,703	0.00%	−307	+62.92%	371	+34.53%	−2.25%
Reliance Communi	₹0.82	—	224	0.00%	−3,097	−302.18%	81	−6.90%	—
Median: 7 Co.	₹39.38	47.29	50,633	0.00%	130	−1.09%	2,414	+6.09%	16.09%

Filings

D

Annual reports15

Financial Year 2026bse Financial Year 2025bse Financial Year 2024bse Financial Year 2023bse Financial Year 2022bse Financial Year 2021bse Financial Year 2020bse Financial Year 2019bse Financial Year 2018bse Financial Year 2017bse Financial Year 2016bse Financial Year 2015bse Financial Year 2014bse Financial Year 2013bse Financial Year 2012bse

Credit ratings6

Rating update 1dfitch Rating update 17 Julcrisil Rating update 8 Jancare Rating update 22 Sep 2025crisil Rating update 24 Jul 2025fitch Rating update 17 Jul 2025crisil

Announcements5

Board Meeting Intimation for Board Meeting Intimation For Audited Financial Results (Standalone & Consolidated) For The First Quarter (Q1) And Quarter Ended June 30, 2026. 15m Update On Conversion Of Partly Paid-Up Equity Shares Into Fully Paid-Up Equity Shares, Upon Receipt Of First And Final Call. 2h - On July 24, 2026, 460,833 partly paid shares converted after INR 190.32 million call receipt.Disclosure Under Regulation 30 Of SEBI (LODR), Regulations, 2015 10h - DoT imposed Rs. 2,06,000 penalty on Airtel for subscriber verification norms; company will pay.Disclosure Under Regulation 30 Of SEBI (LODR), Regulations, 2015 2d - DoT imposed Rs. 1,03,000 penalty on Bharti Airtel for subscriber verification norm violation.Disclosure Under Regulation 30 Of SEBI (LODR), Regulations, 2015 17 Jul - DoT imposed Rs 1,05,000 penalty on July 17, 2026 for subscriber verification norms.