Bharti Airtel Ltd (BHARTIARTL)
₹1,973.70
Mkt cap
₹12.32L Cr
P/E ratio
39.40
P/B
8.06
Div yield
1.22%
ROE
20.30%
ROCE
17.60%
EPS (TTM)
₹50.09
Book value
₹245
52W range
1,726–2,175
Sector
Telecommunication
Price history
Previous close
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 532454
Health check
Constructive
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−9.23% from high₹1,974
₹1,726+14.33% from low₹2,175
Current
₹1,973.70
Prev close
₹1,972.10
Day
+0.08%
Price performance
1D
+0.08%
1W
+4.31%
1M
+11.43%
3M
+0.86%
6M
+4.53%
1Y
−1.70%
YTD
−6.30%
Financials
Revenue, profit & margin
P/E ratio
39.4×
BHARTIARTL is 4% below the sector median of 40.9×
BHARTIARTL39.4×
Sector median40.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37,440 | 37,044 | 37,900 | 37,599 | 38,506 | 41,473 | 45,129 | 47,876 | 49,463 | 52,145 | 53,982 | 55,383 | 58,539 | |
| Expenses | 17,842 | 17,530 | 18,085 | 18,234 | 18,799 | 19,627 | 20,533 | 20,867 | 21,624 | 22,584 | 23,199 | 23,892 | 25,236 | |
| Operating Profit | 19,598 | 19,514 | 19,815 | 19,365 | 19,708 | 21,846 | 24,597 | 27,009 | 27,839 | 29,561 | 30,783 | 31,492 | 33,303 | |
| OPM % | 52% | 53% | 52% | 52% | 51% | 53% | 54% | 56% | 56% | 57% | 57% | 57% | 57% | |
| Other Income | -2,478 | -654 | 1,013 | -1,308 | 2,010 | 475 | 9,675 | 403 | 592 | 809 | 562 | -2,198 | 661 | |
| Interest | 5,614 | 5,186 | 6,645 | 5,203 | 5,152 | 5,424 | 5,676 | 5,502 | 5,461 | 4,866 | 5,623 | 5,606 | 5,956 | |
| Depreciation | 9,654 | 9,734 | 10,074 | 10,075 | 10,540 | 11,000 | 11,704 | 12,326 | 12,465 | 13,182 | 13,420 | 13,644 | 14,235 | |
| Profit before tax | 1,853 | 3,940 | 4,108 | 2,778 | 6,025 | 5,897 | 16,892 | 9,584 | 10,504 | 12,322 | 12,301 | 10,045 | 13,773 | |
| Tax % | 18% | 47% | 30% | 26% | 22% | 30% | 4% | -30% | 29% | 30% | 31% | 8% | 27% | |
| Net Profit | 1,520 | 2,093 | 2,876 | 2,068 | 4,718 | 4,153 | 16,135 | 12,476 | 7,422 | 8,651 | 8,503 | 9,247 | 10,012 | |
| EPS in Rs | 2.89 | 2.39 | 4.34 | 3.66 | 7.31 | 6.31 | 25.95 | 19.33 | 10.43 | 11.91 | 11.63 | 12.02 | 13.09 | |
| Raw PDF |
Earnings
Results dates & reactionsNext results
5 Nov '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.62% · closed higher next day 25 of last 59
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26† | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 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◦ | 4 Aug '26◦ |
| Earnings day | −0.10% | +1.84% | +1.99% | −1.51% | −1.58% | +3.52% | +0.75% | −0.11% | +1.89% | +2.31% | +5.27% | +0.40% |
| +1 day | +1.03% | +1.86% | +4.73% | −1.63% | −1.80% | +4.53% | +2.56% | −0.48% | +1.01% | +2.30% | +6.49% | −1.12% |
| +5 days | +2.44% | +0.39% | +4.95% | −0.41% | −3.88% | +6.01% | +0.10% | −3.33% | −0.01% | +0.62% | +5.37% | −1.27% |
| +15 days | +6.81% | +1.25% | +4.68% | +6.18% | −5.65% | −1.48% | +3.01% | −2.23% | +2.55% | −5.68% | +0.50% | −3.45% |
| +30 days | +8.55% | +10.62% | +14.91% | +12.91% | +1.11% | +6.84% | +7.96% | +1.58% | +1.64% | −9.86% | +2.90% | −6.81% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 24 Per Share | 24.00 | 24 Jul '26 | 24 Jul '26 |
Shareholding
as of Sep 202650.07%Promoter
Promoters50.07%
FIIs25.44%1.04
DIIs21.62%0.98
Public2.70%0.06
Government0.12%
Ownership trend
Peers
7 companiesValuation 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 |
|---|---|---|---|---|---|---|---|---|---|
| Jio Platforms | ₹1,431.30 | 42.28 | 13,18,089 | 0.00% | 8,387 | +13.69% | 40,475 | +11.40% | 12.08% |
| Bharti Airtel | ₹1,973.70 | 39.45 | 12,31,907 | 1.22% | 10,012 | +40.84% | 58,539 | +18.35% | 17.56% |
| Vodafone Idea | ₹11.83 | — | 1,28,170 | 0.00% | −3,754 | +18.86% | 11,689 | +6.05% | −1.72% |
| Bharti Hexacom | ₹1,636.20 | 44.26 | 81,810 | 1.10% | 482 | +23.19% | 2,510 | +10.91% | 21.37% |
| Tata Comm | ₹1,675.40 | 39.44 | 47,763 | 1.04% | 336 | +87.94% | 6,688 | +9.64% | 14.63% |
| Tata Tele. Mah. | ₹34.32 | — | 6,709 | 0.00% | −59 | +81.55% | 310 | +8.22% | 55.65% |
| M T N L | ₹22.23 | — | 1,400 | 0.00% | −842 | +10.69% | 217 | +25.94% | −9.32% |
| Median: 8 Co. | ₹732.81 | 40.87 | 64,787 | 0.00% | 138 | +32.02% | 4,599 | +10.28% | 14.63% |
Filings
Annual reports15
Concall transcripts49
TranscriptAug 2026RECAug 2026TranscriptMay 2026RECMay 2026TranscriptFeb 2026RECFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025TranscriptMay 2025RECMay 2025TranscriptFeb 2025TranscriptNov 2024PPTSep 2024TranscriptAug 2024TranscriptMay 2024RECMay 2024TranscriptFeb 2024TranscriptNov 2023TranscriptAug 2023TranscriptMay 2023PPTMar 2023TranscriptFeb 2023
Credit ratings6
Announcements5
Disclosure Under Regulation 30 Of SEBI (LODR), Regulations, 2015 30 Oct - TRAI levies ₹54.06 lakh financial disincentive for alleged December 2024 non-compliance.Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Oct - Newspaper Advertisement published on October 30, 2026 w.r.t Postal Ballot.Disclosure Under Regulation 30 Of SEBI (LODR), Regulations, 2015 29 Oct - DoT Karnataka imposed Rs 2.14 lakh penalty on Airtel for alleged subscriber verification norm violations.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 Oct - Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith the schedule of Earnings Call to be held on Friday, ....Board Meeting Intimation for Intimation Of Board Meeting For Audited Financial Results (Standalone & Consolidated) For The Second Quarter (Q2) And Six Months Ended September 30, 2026. 26 Oct - Board meeting on November 5, 2026 to consider Q2 and six-month audited results; trading window closed October 1-November 7.