Bharti Airtel Ltd logo

Bharti Airtel Ltd

Telecommunication F&O
NSE: BHARTIARTL BSE: 532454 Telecom - Cellular & Fixed line services

Key Fundamentals

LargecapTelecom Service ProviderTelecom
Market Cap
10.9L Cr
Volatility
Moderate
P/E Ratio
29.3
EBITDA
₹94,733 Cr
Return on Equity
8.11%
Debt to Equity
2.19
Book Value
₹206.5
EPS
₹21.42
52W High
₹2,174.5
52W Low
₹1,568

Technical Indicators

Key Insights

▲

Strengths

2
  • Company has delivered good profit growth of 31.4% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 38.8%
▼

Weaknesses

2
  • Stock is trading at 9.23 times its book value
  • Promoter holding has decreased over last quarter: -1.40%

Growth Rate

Revenue Growth
15.28% ↗
Net Income Growth
337.97% ↗
Cash Flow Change
24.63% ↗
ROE
201.11% ↗
ROCE
55.93% ↗
EBITDA Margin (Avg.)
3.08% ↘

Quarterly Results

  Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Depreciation 9,2989,4069,6549,73410,07410,07510,54011,00011,70412,32612,46513,18213,420
EPS in Rs 2.855.392.892.394.343.667.316.3125.9519.3310.4311.9111.63
Expenses 17,72017,31217,84217,53018,08518,23418,79919,62720,53320,86721,62422,58423,199
Interest 4,6865,1635,6145,1866,6455,2035,1525,4245,6765,5025,4614,8665,623
Net Profit 2,6144,2261,5202,0932,8762,0684,7184,15316,13512,4767,4228,6518,503
OPM % 51%52%52%53%52%52%51%53%54%56%56%57%57%
Operating Profit 18,08518,69719,59819,51419,81519,36519,70821,84624,59727,00927,83929,56130,783
Other Income -412886-2,478-6541,013-1,3082,0104759,675403592809562
Profit before tax 3,6895,0141,8533,9404,1082,7786,0255,89716,8929,58410,50412,32212,301
Sales 35,80436,00937,44037,04437,90037,59938,50641,47345,12947,87649,46352,14553,982
Tax % 29%16%18%47%30%26%22%30%4%-30%29%30%31%

Profit & Loss

  Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Depreciation 15,65019,85817,45019,77319,24321,34827,69029,40433,09136,43239,53845,57051,393
Dividend Payout % 26%33%9%11%194%244%-3%0%39%27%62%28%—
EPS in Rs 5.048.4111.056.9120.74-55.06-25.637.2314.9713.258.8553.3
Expenses 59,35262,49962,54860,13852,56055,01650,93055,33759,01367,87172,09087,92588,274
Interest 5,8794,4468,5469,5479,32610,62213,99215,09116,61619,30022,64821,75421,452
Net Profit 3,0195,0486,8934,2412,1841,688-30,664-12,3648,30512,2878,55837,48137,051
OPM % 31%35%35%37%36%32%42%45%49%51%52%49%57%
Operating Profit 26,51233,60233,98435,33030,07925,76436,61045,27957,53471,27477,89385,0601,15,192
Other Income 2,8811,2434,8581,7131,7564,474-37,775-4,2154,6561,019-3,02820,6622,366
Profit before tax 7,86410,54012,8467,7233,267-1,732-42,846-3,43212,48316,56112,67938,39844,712
Sales 85,86496,10196,53295,46882,63980,78087,5391,00,6161,16,5471,39,1451,49,9821,72,9852,03,466
Tax % 62%52%46%45%33%-197%-28%260%33%26%32%2%—

Balance Sheet

  Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Borrowings 75,89683,4151,00,6461,07,2881,11,3341,25,4281,48,2281,62,7851,69,6782,26,0202,15,5922,13,6422,08,010
CWIP 017,4155,70210,8389,7519,6344,2825,7265,95549,42516,90410,99910,219
Equity Capital 1,9991,9991,9991,9991,9991,9992,7282,7462,7952,8372,8772,9002,900
Fixed Assets 1,40,6141,24,2791,72,2931,78,2351,87,2002,00,8322,29,2562,23,4802,44,0832,77,3943,03,3033,88,4683,95,060
Investments 15,53110,75211,97714,33916,15915,71125,47627,55029,34932,95431,6025,8389,459
Other Assets 25,34729,49434,50028,91036,41147,8501,00,07787,66181,82084,78490,21099,7001,09,124
Other Liabilities 45,84058,74757,05657,57868,65377,1761,33,7181,22,6791,24,9751,40,9741,44,4081,77,6921,98,057
Reserves 57,75737,77864,77165,45867,53669,42474,41756,20763,75974,72679,1421,10,7721,14,896
Total Assets 1,81,4921,81,9392,24,4722,32,3222,49,5212,74,0263,59,0913,44,4173,61,2074,44,5574,42,0195,05,0065,23,863
Total Liabilities 1,81,4921,81,9392,24,4722,32,3222,49,5212,74,0263,59,0913,44,4173,61,2074,44,5574,42,0195,05,0065,23,863

Cash Flow

  Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Financing Activity 2,774-9,672-11,946-3511,9209,46419,144-24,910-15,203-24,470-27,778-36,533
Cash from Investing Activity -25,181-22,301-14,091-30,680-27,940-28,286-29,598-27,286-41,478-39,232-51,089-60,198
Cash from Operating Activity 26,23328,05927,94228,28029,85420,07018,12948,20555,01765,32578,89898,332
Net Cash Flow 3,826-3,9141,905-2,7523,8351,2487,675-3,991-1,6641,623311,601

Ratios

  Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash Conversion Cycle 272021182619191313101216
Debtor Days 272021182619191313101216
ROCE % 10%11%13%10%7%3%5%7%11%12%13%13%
Working Capital Days -194-205-161-199-258-329-352-270-239-217-236-277

Shareholding Pattern

19.5%
28.8%
48.9%
DIIs: 19.54% FIIs: 28.75% Government: 0.12% Others: 0.05% Promoters: 48.87% Public: 2.65%
  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
DIIs 19.78% 19.55% ↓0.219.69% ↑0.119.51% ↓0.219.20% ↓0.319.13% ↓0.118.69% ↓0.419.52% ↑0.819.23% ↓0.319.09% ↓0.119.40% ↑0.319.54% ↑0.1
FIIs 20.97% 21.48% ↑0.521.87% ↑0.422.69% ↑0.824.35% ↑1.724.62% ↑0.325.07% ↑0.424.27% ↓0.825.41% ↑1.126.72% ↑1.327.42% ↑0.728.75% ↑1.3
Government 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12%
Others 0.05% 0.05% 0.04% ↓0.00.06% ↑0.00.05% 0.06% 0.07% ↑0.00.07% 0.07% 0.07% 0.05% ↓0.00.05%
Promoters 55.02% 54.97% ↓0.154.75% ↓0.254.57% ↓0.253.48% ↓1.153.17% ↓0.353.14% ↓0.053.12% ↓0.052.42% ↓0.751.26% ↓1.250.27% ↓1.048.87% ↓1.4
Public 4.05% 3.82% ↓0.23.53% ↓0.33.07% ↓0.52.80% ↓0.32.89% ↑0.12.89% 2.91% ↑0.02.75% ↓0.22.74% 2.72% ↓0.02.65% ↓0.1
No. of Shareholders 7,58,7157,09,9526,85,5296,77,6906,94,2977,62,2667,84,9308,36,0958,33,4288,28,7198,48,4728,52,831

Documents

Company Information

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]

Website airtel.in
CEO Mr. Sunil Bharti Mittal
Employees 28,701
Listed 2002-02-15
Face Value ₹ 5
Issued Size 5,70,21,05,319