Bharti Airtel Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 20.3%)
- Efficient capital deployment (ROCE 17.6%)
Concerns
Today's Price Action
The stock closed at ₹1948.1 with zero percent change, identical to the prior session’s close. Trading volume exactly matched the 20‑day average at 1,45,01,247 shares, indicating that market participation remains steady and no sudden inflow or outflow is evident. The price held its position within a narrow intraday band, suggesting limited volatility on the day.
Valuation Snapshot
The trailing P/E stands at 37.8, considerably higher than the telecommunications sector average of zero, reflecting a premium valuation relative to peers. A price‑to‑book ratio of zero further underscores the market’s focus on earnings rather than asset base. Return on equity of 20.3% underscores strong profitability relative to capital employed, while the sector’s P/E of zero indicates that many peers are either loss‑making or not comparable on a earnings basis.
Key Levels to Watch
The current price sits close to the 52‑week high of ₹2175 and comfortably above the 52‑week low of ₹1726, limiting immediate upside toward the upper band. Open‑interest data from nearby options contracts show a concentration of resistance near ₹2000 and support around ₹1850, with the largest OI buildup observed at ₹1900. A secondary resistance pocket appears near ₹2100, aligning with the historic peak zone.
Chart Pattern
On the daily chart, a bullish engulfing candle formed three days ago, a bullish harami eight days ago, and a dark cloud cover ten days ago. These formations collectively illustrate a short‑term oscillation between bullish and bearish pressure, indicating that price structure is currently indecisive.
Data Summary
Bharti Airtel Limited trades at a price‑to‑book ratio of zero, while market capitalization is reported as ₹0 Cr. The share’s price range over the past year is ₹1726‑₹2175, and the latest P/E is 37.8 with an ROE of 20.3%; the sector’s P/E is zero, and volume remains aligned with the 20‑day average.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| IDEA Vodafone Idea Limited | ₹12 | ₹1.2L Cr | — | -3.59 | — | -1.72 | -2.83 |
| INDUSTOWER Indus Towers Limited | ₹373 | ₹1.0L Cr | 14 | 2.49 | 18.6 | 19.5 | 0.58 |
| TATACOMM Tata Communications Limited | ₹— | ₹47K Cr | 39 | 19.09 | 32.6 | 14.6 | 3.35 |
| STLTECH Sterlite Technologies Limited | ₹— | ₹42K Cr | 56.7 | 14.04 | 1.24 | 7.65 | 0.86 |
| HFCL HFCL Limited | ₹— | ₹37K Cr | 42.4 | 5.73 | 6.98 | 10.8 | 0.38 |
| ITI ITI Limited | ₹— | ₹21K Cr | — | — | -8.86 | 2.1 | 0.9 |
| TTML Tata Teleservices (Maharashtra) Limited | ₹— | ₹7K Cr | — | -0.42 | — | -12.7 | -7.54 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BHARTIARTL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 54.57% | 53.48% | 53.17% | 53.14% | 53.12% | 52.42% |
| FII | 22.69% | 24.35% | 24.62% | 25.07% | 24.27% | 25.41% |
| DII | 19.51% | 19.20% | 19.13% | 18.69% | 19.52% | 19.23% |
| Public | 3.07% | 2.80% | 2.89% | 2.89% | 2.91% | 2.75% |
| Govt | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Others | 0.06% | 0.05% | 0.06% | 0.07% | 0.07% | 0.07% |
Corporate Events
Intimation of Board Meeting for Audited Financial Results (Standalone & Consolidated) for the Second Quarter (Q2) and Six Months ended September 30, 2026.
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 24 Per Share
This is further to our earlier intimation dt. May 01, 2026 with respect to Board Meeting to be held on May 13, 2026.We wish to inform you that the Board of Directors of the Company, in its aforesaid meeting, will also consider the following:(a) Recommenda
To consider and approve the financial results for the period ended March 31, 2026
Dividend - Rs 16 Per Share
Dividend - Rs 8 Per Share
Dividend - Rs 4 Per Share
Latest News
All newsPrudential to buy 75% in Bharti Life for ₹3,500 cr
*Prudential to buy 75% in Bharti Life for ₹3,500 cr.* UK-based Prudential is acquiring a **75% stake** in Bharti AXA Life for **₹3,500 crore**, signaling strong foreign confidence in India’s insurance sector. The deal values the joint venture at **₹4,667 crore**. Bharti Enterprises exits insurance, focusing on core telecom. 📊 *STOCKS:* BHARTIAXA | 🏢 *SECTOR:* Insurance | #HIGHIMPACT #M&A
Prudential targets Bharti Airtel's 85% insurance stake acquisition
*Prudential Eyes Major India Bet With Bharti's 85% Insurance Stake Sale Talks* — Prudential is in talks to acquire **85%** of Bharti Airtel's insurance business, marking a major consolidation move in India's insurance sector. This potential deal represents a significant strategic expansion for Prudential into the growing Indian insurance market. The acquisition, if completed, would reshape competitive dynamics in the sector. 📊 *STOCKS:* $BHARTIARTL | 🏢 *SECTOR:* Insurance | #HIGHIMPACT #M&A
Airtel offers free international roaming on all postpaid plans
*Airtel offers free international roaming on all postpaid plans.* The move is aimed at boosting subscriber acquisition and retention in the competitive telecom market. This benefit could increase ARPU over time if it drives uptake of higher-tier plans. International roaming costs will now be absorbed by Airtel. 📊 *STOCKS:* $BHARTIARTL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #Roaming
Airtel Business launches IQ Gateway for enterprise messaging
*Airtel Business launches IQ Gateway for enterprise messaging*. Airtel has introduced IQ Gateway, **India’s first** business communications platform with telco-grade network intelligence, enabling secure enterprise messaging. The service aims to enhance digital engagement for businesses with high reliability and safety. This move strengthens Airtel’s footprint in the enterprise solutions space. 📊 *STOCKS:* $BHARTIARTL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #ProductLaunch
Airtel adds Apple iCloud+ with Apple TV, Arcade to Postpaid
*Airtel enhances its Postpaid Offering by adding Apple’s newly expanded iCloud+ with Apple TV and Apple Arcade*. The move strengthens its digital bundle offerings for postpaid users. This partnership with Apple enhances customer retention and data usage. 📊 *STOCKS:* BHARTIARTL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #Telecom
Airtel Business, ITI partner for digital transformation
*Airtel Business, ITI partner for digital transformation* — Bharti Airtel and ITI Limited have formed a strategic partnership to boost India’s digital infrastructure. The collaboration aims to accelerate 5G rollout and enterprise solutions. While financial details weren’t disclosed, the move strengthens both firms’ positions in the telecom and IT space. 📊 *STOCKS:* $BHARTIARTL $ITI | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #Partnership
Airtel announces Q1 June 2026 results in newspaper filing
*Airtel announces Q1 June 2026 results in newspaper filing.* The company has published its audited financial results for the first quarter ended June 30, 2026, via newspaper advertisements as part of regulatory compliance. Key financial metrics and performance highlights will be detailed in the full report. Traders may assess subscriber growth, ARPU, and debt levels for F&O positioning. 📊 *STOCKS:* $BHARTIARTL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #Earnings
Airtel issues shares to ICIL for Airtel Africa stake swap
*Airtel issues shares to ICIL for Airtel Africa stake swap*. Bharti Airtel has issued **146,761,335** equity shares on a preferential basis to Indian Continent Investment Limited (ICIL) in exchange for **16.3%** of Airtel Africa plc. The swap involves **595,204,251** shares held by ICIL in the UK-listed subsidiary. This move consolidates ownership and strengthens Bharti Airtel’s control over its international arm. 📊 *STOCKS:* BHARTIARTL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #StakeSwap
Airtel extends connectivity for Indian Army in Arunachal Pradesh
*Airtel extends connectivity for Indian Army in Arunachal Pradesh*. Bharti Airtel announced a strategic expansion of telecom services to enhance connectivity for the Indian Army in Arunachal Pradesh. The project underscores Airtel’s role in national infrastructure and defense communication. Such government-backed projects may lead to long-term revenue visibility and network expansion benefits. 📊 *STOCKS:* BHARTIARTL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #Airtel
Airtel secures shareholder backing for Africa stake consolidation
*Airtel secures shareholder backing for Africa stake consolidation.* The company announced strong shareholder support for its landmark Africa stake consolidation move. This strategic step aims to streamline operations and enhance governance across its African subsidiaries. The consolidation is expected to unlock long-term value for investors. 📊 *STOCKS:* BHARTIARTL | 🏢 *SECTOR:* Telecom | #MEDIUMIMPACT #Airtel
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹54.0K Cr 3.5% | ₹52.1K Cr 5.4% | ₹49.5K Cr 3.3% | ₹47.9K Cr 6.1% | ₹45.1K Cr 8.8% | ₹41.5K Cr 7.7% | ₹38.5K Cr 2.4% | ₹37.6K Cr |
| Op. Profit | ₹30.8K Cr 4.1% | ₹29.6K Cr 6.2% | ₹27.8K Cr 3.1% | ₹27.0K Cr 9.8% | ₹24.6K Cr 12.6% | ₹21.8K Cr 10.8% | ₹19.7K Cr 1.8% | ₹19.4K Cr |
| OPM | 57.0% 0.0% | 57.0% 1.8% | 56.0% 0.0% | 56.0% 3.7% | 54.0% 1.9% | 53.0% 3.9% | 51.0% 1.9% | 52.0% |
| Net Profit | ₹8.5K Cr 1.7% | ₹8.7K Cr 16.6% | ₹7.4K Cr 40.5% | ₹12.5K Cr 22.7% | ₹16.1K Cr 288.5% | ₹4.2K Cr 12.0% | ₹4.7K Cr 128.1% | ₹2.1K Cr |
| EPS (₹) | 11.63 2.4% | 11.91 14.2% | 10.43 46.0% | 19.33 25.5% | 25.95 311.3% | 6.31 13.7% | 7.31 99.7% | 3.66 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.1L Cr 22.0% | ₹1.7L Cr 15.3% | ₹1.5L Cr 7.8% | ₹1.4L Cr 19.4% | ₹1.2L Cr 15.8% | ₹1.0L Cr 14.9% | ₹87.5K Cr 8.4% | ₹80.8K Cr 2.2% | ₹82.6K Cr 13.4% | ₹95.5K Cr |
| Expenses | ₹94.5K Cr 7.4% | ₹87.9K Cr 22.0% | ₹72.1K Cr 6.2% | ₹67.9K Cr 15.0% | ₹59.0K Cr 6.6% | ₹55.3K Cr 8.7% | ₹50.9K Cr 7.4% | ₹55.0K Cr 4.7% | ₹52.6K Cr 12.6% | ₹60.1K Cr |
| Op. Profit | ₹1.2L Cr 37.0% | ₹85.1K Cr 9.2% | ₹77.9K Cr 9.3% | ₹71.3K Cr 23.9% | ₹57.5K Cr 27.1% | ₹45.3K Cr 23.7% | ₹36.6K Cr 42.1% | ₹25.8K Cr 14.3% | ₹30.1K Cr 14.9% | ₹35.3K Cr |
| OPM | 55.0% 12.2% | 49.0% 5.8% | 52.0% 2.0% | 51.0% 4.1% | 49.0% 8.9% | 45.0% 7.1% | 42.0% 31.3% | 32.0% 11.1% | 36.0% 2.7% | 37.0% |
| Other Income | ₹2.9K Cr 85.8% | ₹20.7K Cr 782.4% | ₹-3.0K Cr 397.2% | ₹1.0K Cr 78.1% | ₹4.7K Cr 210.5% | ₹-4.2K Cr 88.8% | ₹-37.8K Cr 944.3% | ₹4.5K Cr 154.8% | ₹1.8K Cr 2.5% | ₹1.7K Cr |
| Interest | ₹21.6K Cr 0.9% | ₹21.8K Cr 3.9% | ₹22.6K Cr 17.3% | ₹19.3K Cr 16.2% | ₹16.6K Cr 10.1% | ₹15.1K Cr 7.9% | ₹14.0K Cr 31.7% | ₹10.6K Cr 13.9% | ₹9.3K Cr 2.3% | ₹9.5K Cr |
| Depreciation | ₹52.7K Cr 15.7% | ₹45.6K Cr 15.3% | ₹39.5K Cr 8.5% | ₹36.4K Cr 10.1% | ₹33.1K Cr 12.5% | ₹29.4K Cr 6.2% | ₹27.7K Cr 29.7% | ₹21.3K Cr 10.9% | ₹19.2K Cr 2.7% | ₹19.8K Cr |
| PBT | ₹45.2K Cr 17.6% | ₹38.4K Cr 202.8% | ₹12.7K Cr 23.4% | ₹16.6K Cr 32.7% | ₹12.5K Cr 463.7% | ₹-3.4K Cr 92.0% | ₹-42.8K Cr 2373.8% | ₹-1.7K Cr 153.0% | ₹3.3K Cr 57.7% | ₹7.7K Cr |
| Tax % | 25.0% 1150.0% | 2.0% 93.8% | 32.0% 23.1% | 26.0% 21.2% | 33.0% 87.3% | 260.0% 1028.6% | -28.0% 85.8% | -197.0% 697.0% | 33.0% 26.7% | 45.0% |
| Net Profit | ₹33.8K Cr 9.8% | ₹37.5K Cr 338.0% | ₹8.6K Cr 30.3% | ₹12.3K Cr 47.9% | ₹8.3K Cr 167.2% | ₹-12.4K Cr 59.7% | ₹-30.7K Cr 1916.6% | ₹1.7K Cr 22.7% | ₹2.2K Cr 48.5% | ₹4.2K Cr |
| EPS (₹) | 43.81 25.6% | 58.85 345.8% | 13.2 11.8% | 14.97 107.1% | 7.23 128.2% | -25.63 53.5% | -55.06 7540.5% | 0.74 63.0% | 2 71.1% | 6.91 |
| Div Payout | 55.0% 96.4% | 28.0% 54.8% | 62.0% 129.6% | 27.0% 30.8% | 39.0% | 0.0% 100.0% | -3.0% 101.2% | 244.0% 25.8% | 194.0% 1663.6% | 11.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹2.9K Cr 0.0% | ₹2.9K Cr 0.8% | ₹2.9K Cr 1.4% | ₹2.8K Cr 1.5% | ₹2.8K Cr 1.8% | ₹2.7K Cr 0.7% | ₹2.7K Cr 36.5% | ₹2.0K Cr 0.0% | ₹2.0K Cr 0.0% | ₹2.0K Cr |
| Reserves | ₹1.1L Cr 3.7% | ₹1.1L Cr 40.0% | ₹79.1K Cr 5.9% | ₹74.7K Cr 17.2% | ₹63.8K Cr 13.4% | ₹56.2K Cr 24.5% | ₹74.4K Cr 7.2% | ₹69.4K Cr 2.8% | ₹67.5K Cr 3.2% | ₹65.5K Cr |
| Borrowings | ₹2.1L Cr 2.6% | ₹2.1L Cr 0.9% | ₹2.2L Cr 4.6% | ₹2.3L Cr 33.2% | ₹1.7L Cr 4.2% | ₹1.6L Cr 9.8% | ₹1.5L Cr 18.2% | ₹1.3L Cr 12.7% | ₹1.1L Cr 3.8% | ₹1.1L Cr |
| Other Liabilities | ₹2.0L Cr 11.5% | ₹1.8L Cr 23.0% | ₹1.4L Cr 2.4% | ₹1.4L Cr 12.8% | ₹1.2L Cr 1.9% | ₹1.2L Cr 8.3% | ₹1.3L Cr 73.3% | ₹77.2K Cr 12.4% | ₹68.7K Cr 19.2% | ₹57.6K Cr |
| Total Liabilities | ₹5.2L Cr 3.7% | ₹5.1L Cr 14.2% | ₹4.4L Cr 0.6% | ₹4.4L Cr 23.1% | ₹3.6L Cr 4.9% | ₹3.4L Cr 4.1% | ₹3.6L Cr 31.0% | ₹2.7L Cr 9.8% | ₹2.5L Cr 7.4% | ₹2.3L Cr |
Assets | ||||||||||
| Fixed Assets | ₹4.0L Cr 1.7% | ₹3.9L Cr 28.1% | ₹3.0L Cr 9.3% | ₹2.8L Cr 13.6% | ₹2.4L Cr 9.2% | ₹2.2L Cr 2.5% | ₹2.3L Cr 14.2% | ₹2.0L Cr 7.3% | ₹1.9L Cr 5.0% | ₹1.8L Cr |
| CWIP | ₹10.2K Cr 7.1% | ₹11.0K Cr 34.9% | ₹16.9K Cr 65.8% | ₹49.4K Cr 730.0% | ₹6.0K Cr 4.0% | ₹5.7K Cr 33.7% | ₹4.3K Cr 55.6% | ₹9.6K Cr 1.2% | ₹9.8K Cr 10.0% | ₹10.8K Cr |
| Investments | ₹9.5K Cr 62.0% | ₹5.8K Cr 81.5% | ₹31.6K Cr 4.1% | ₹33.0K Cr 12.3% | ₹29.3K Cr 6.5% | ₹27.6K Cr 8.1% | ₹25.5K Cr 62.2% | ₹15.7K Cr 2.8% | ₹16.2K Cr 12.7% | ₹14.3K Cr |
| Other Assets | ₹1.1L Cr 9.5% | ₹99.7K Cr 10.5% | ₹90.2K Cr 6.4% | ₹84.8K Cr 3.6% | ₹81.8K Cr 6.7% | ₹87.7K Cr 12.4% | ₹1.0L Cr 109.1% | ₹47.9K Cr 31.4% | ₹36.4K Cr 25.9% | ₹28.9K Cr |
| Total Assets | ₹5.2L Cr 3.7% | ₹5.1L Cr 14.2% | ₹4.4L Cr 0.6% | ₹4.4L Cr 23.1% | ₹3.6L Cr 4.9% | ₹3.4L Cr 4.1% | ₹3.6L Cr 31.0% | ₹2.7L Cr 9.8% | ₹2.5L Cr 7.4% | ₹2.3L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹98.3K Cr 24.6% | ₹78.9K Cr 20.8% | ₹65.3K Cr 18.7% | ₹55.0K Cr 14.1% | ₹48.2K Cr 165.9% | ₹18.1K Cr 9.7% | ₹20.1K Cr 32.8% | ₹29.9K Cr 5.6% | ₹28.3K Cr 1.2% | ₹27.9K Cr |
| Investing CF | ₹-60.2K Cr 17.8% | ₹-51.1K Cr 30.2% | ₹-39.2K Cr 5.4% | ₹-41.5K Cr 52.0% | ₹-27.3K Cr 7.8% | ₹-29.6K Cr 4.6% | ₹-28.3K Cr 1.2% | ₹-27.9K Cr 8.9% | ₹-30.7K Cr 117.7% | ₹-14.1K Cr |
| Financing CF | ₹-36.5K Cr 31.5% | ₹-27.8K Cr 13.5% | ₹-24.5K Cr 61.0% | ₹-15.2K Cr 39.0% | ₹-24.9K Cr 230.1% | ₹19.1K Cr 102.3% | ₹9.5K Cr 392.9% | ₹1.9K Cr 647.0% | ₹-351 Cr 97.1% | ₹-11.9K Cr |
| Net Cash Flow | ₹1.6K Cr 5064.5% | ₹31 Cr 98.1% | ₹1.6K Cr 197.5% | ₹-1.7K Cr 58.3% | ₹-4.0K Cr 152.0% | ₹7.7K Cr 515.0% | ₹1.2K Cr 67.5% | ₹3.8K Cr 239.4% | ₹-2.8K Cr 244.5% | ₹1.9K Cr |
| Free Cash Flow | ₹59.0K Cr 51.4% | ₹39.0K Cr 0.2% | ₹38.9K Cr 34.1% | ₹29.0K Cr 37.5% | ₹21.1K Cr 958.8% | ₹-2.5K Cr 72.7% | ₹-9.0K Cr 295.0% | ₹4.6K Cr 154.6% | ₹-8.4K Cr 193.8% | ₹9.0K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16d 33.3% | 12d 20.0% | 10d 23.1% | 13d 0.0% | 13d 31.6% | 19d 0.0% | 19d 26.9% | 26d 44.4% | 18d 14.3% | 21d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 16d 33.3% | 12d 20.0% | 10d 23.1% | 13d 0.0% | 13d 31.6% | 19d 0.0% | 19d 26.9% | 26d 44.4% | 18d 14.3% | 21d |
| Working Capital Days | -277d 17.4% | -236d 8.8% | -217d 9.2% | -239d 11.5% | -270d 23.3% | -352d 7.0% | -329d 27.5% | -258d 29.6% | -199d 23.6% | -161d |
| ROCE | 13.0% 0.0% | 13.0% 8.3% | 12.0% 9.1% | 11.0% 57.1% | 7.0% 40.0% | 5.0% 66.7% | 3.0% 57.1% | 7.0% 30.0% | 10.0% 23.1% | 13.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Bharti Airtel Limited
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]
TelecommunicationTelecom - Services