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Bharti Airtel Limited (BHARTIARTL.NS)

INR1,931.10 +43.00 (+2.28%)
IN NSE Communication Services Telecommunications Services
Address Bharti Crescent 110070
New Delhi, DL, IN
CEO Shashwat Sharma
Website airtel.in
IPO 2002-07-01
ISIN INE397D01024

Explore sections of this company profile

Also trades on Bombay Stock Exchange · BHARTIARTL.BO (INR) National Stock Exchange of India · BHARTIARTL.NS (INR)
Description

Bharti Airtel Limited operates as a telecommunications company in India and internationally. It operates through the Mobile Services India, Mobile Services Africa, Mobile Services South Asia, Airtel Business, Passive Tower Infrastructure Services, Homes Services, Digital TV Services, and Others segments. The company provides voice and data telecom services through wireless technology including 2G/3G/4G/5G services; passive infrastructure service, including the setup, operation, and maintenance of wireless communication towers; home services covering voice and data communications through fixed-line network, wireless network, and broadband technology for homes; and digital TV services comprising digital broadcasting services under the DTH platform and IPTV services. It also engages in the airtel business that includes network integration, managed services, CPaaS, PaaS, cloud, cybersecurity, IoT, and data center services, as well as enterprise mobility applications. In addition, the company offers post-paid, prepaid, roaming, internet, and various value-added services, as well as mobile TV, video calls, live-streaming videos, gaming, video streaming, and other services. The company was formerly known as Bharti Tele-Ventures Limited and changed its name to Bharti Airtel Limited in April 2006. Bharti Airtel Limited was incorporated in 1995 and is headquartered in New Delhi, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR1,931.10 +43.00 (+2.28%)
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Volume Profile
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Liquidity & share structure
Average Volume
9M
Beta
0.02
Float Shares
3.06B
Free Float %
50.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.09% +4.96% +3.09% -5.76% -9.86% -9.57% +4.71% +140.33% +252.90% +501.66% +9,424.76%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,931.10
DCF (Unlevered) 9,325.16 +382.9%
DCF (Levered) 9,822.00 +408.6%
Ratings Trend (MoM) 88% Bullish
Rating 2026-05 Change
Strong Buy 8 -1
Buy 20 0
Hold 1 0
Sell 1 0
Strong Sell 2 0
Quality scores
Altman Z-Score
2.56
Grey zone
Piotroski F-Score
9 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • ✓
    Revenue growth
    +15.3% Q1'26: +15.7% (vs Q1'25)
  • ✓
    EPS growth
    +337.8% Q1'26: -33.9% (vs Q1'25)
  • ✓
    FCF margin
    +28.8% Q1'26: +18.5% (vs Q1'25)
  • ✓
    EBIT margin
    +32.2% Q1'26: +32.2% (vs Q1'25)
  • ✗
    ROIC
    +13.5% Q1'26: +18.9% (vs Q1'25)
  • ✗
    Share dilution
    +2.6% Q1'26: +0.5% (vs Q1'25)
  • ✓
    Debt / EBITDA
    2.11× Q1'26: 1.55× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.04) × ERP
WACC = 85% × Ke + 15% × Kd (11.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 9,325.16 Current price: 1,931.10
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2011
actual 		Mar 2012
actual 		Mar 2013
actual 		Mar 2014
actual 		Mar 2015
actual 		Mar 2016
actual 		Mar 2017
actual 		Mar 2018
actual 		Mar 2019
actual 		Mar 2020
actual 		Mar 2021
actual 		Mar 2022
actual 		Mar 2023
actual 		Mar 2024
actual 		Mar 2025
actual 		Mar 2026
29 Rev. Ana.
24 EPS Ana. 		Mar 2027
29 Rev. Ana.
27 EPS Ana. 		Mar 2028
28 Rev. Ana.
27 EPS Ana. 		Mar 2029
19 Rev. Ana.
19 EPS Ana. 		Mar 2030
23 Rev. Ana.
12 EPS Ana.
Revenue
594.67B
est: 601.57B (-1.1%)
714.51B
est: 726.99B (-1.7%)
769.05B
est: 820.10B (-6.2%)
857.46B
est: 873.90B (-1.9%)
920.39B
est: 928.70B (-0.9%)
965.32B
est: 966.05B (-0.1%)
954.68B
est: 969.84B (-1.6%)
826.39B
est: 845.03B (-2.2%)
807.80B
est: 820.02B (-1.5%)
846.77B
est: 870.67B (-2.7%)
1.01T
est: 1.02T (-1.2%)
1.17T
est: 1.17T (-0.3%)
1.39T
est: 1.40T (-0.4%)
1.50T
est: 1.51T (-0.7%)
1.73T
est: 1.76T (-1.5%)
2.11T
2.02T – 2.15T
+20.0% YoY
2.40T
2.28T – 2.51T
+13.7% YoY
2.68T
2.49T – 2.88T
+11.8% YoY
2.97T
2.79T – 3.15T
+10.9% YoY
3.18T
2.99T – 3.38T
+7.2% YoY
EBITDA
199.28B
est: 261.18B (-23.7%)
229.55B
est: 191.49B (+19.9%)
237.68B
est: 187.04B (+27.1%)
280.35B
est: 176.48B (+58.9%)
321.02B
est: 215.33B (+49.1%)
367.97B
est: 239.27B (+53.8%)
353.57B
est: 244.40B (+44.7%)
295.80B
est: 186.75B (+58.4%)
292.85B
est: 156.44B (+87.2%)
-57.83B
est: 107.03B (-154.0%)
297.81B
est: -275.34B (+208.2%)
589.51B
est: -308.51B (+291.1%)
690.92B
est: -344.24B (+300.7%)
684.65B
est: -381.81B (+279.3%)
1.01T
est: 973.43B (+4.1%)
1.10T
1.06T – 1.12T
+13.0% YoY
1.25T
1.19T – 1.31T
+13.7% YoY
1.40T
1.30T – 1.50T
+11.8% YoY
1.55T
1.46T – 1.65T
+10.9% YoY
1.66T
1.56T – 1.77T
+7.2% YoY
EBIT
97.22B
est: 153.52B (-36.7%)
95.87B
est: 117.95B (-18.7%)
89.06B
est: 117.15B (-24.0%)
123.31B
est: 99.89B (+23.4%)
165.23B
est: 133.67B (+23.6%)
193.47B
est: 157.06B (+23.2%)
155.84B
est: 184.61B (-15.6%)
103.37B
est: 124.68B (-17.1%)
79.38B
est: 97.64B (-18.7%)
-328.77B
est: 78.05B (-521.2%)
3.76B
est: -361.67B (+101.0%)
258.60B
est: -405.24B (+163.8%)
326.60B
est: -452.17B (+172.2%)
289.28B
est: -501.51B (+157.7%)
557.58B
est: 480.49B (+16.0%)
543.17B
521.87B – 554.42B
+13.0% YoY
617.84B
587.25B – 647.89B
+13.7% YoY
690.84B
642.69B – 741.79B
+11.8% YoY
765.83B
719.76B – 813.22B
+10.9% YoY
820.89B
771.51B – 871.69B
+7.2% YoY
Net Income
58.99B
est: 136.91B (-56.9%)
42.58B
est: 73.07B (-41.7%)
22.76B
est: 48.24B (-52.8%)
27.73B
est: 24.25B (+14.3%)
51.84B
est: 30.43B (+70.4%)
44.57B
est: 54.87B (-18.8%)
38.00B
est: 59.96B (-36.6%)
10.99B
est: 32.93B (-66.6%)
4.10B
est: 10.68B (-61.7%)
-321.83B
est: 4.35B (-7,495.6%)
-245.33B
est: -371.70B (+34.0%)
42.55B
est: -416.48B (+110.2%)
83.46B
est: -464.71B (+118.0%)
74.67B
est: -515.43B (+114.5%)
335.56B
est: 245.96B (+36.4%)
279.39B
253.11B – 317.59B
+13.6% YoY
388.19B
303.68B – 478.97B
+38.9% YoY
503.78B
359.54B – 631.16B
+29.8% YoY
676.71B
623.79B – 731.15B
+34.3% YoY
629.33B
580.11B – 679.95B
-7.0% YoY
SGA
235.35B
est: 109.24B (+115.4%)
125.73B
est: 169.83B (-26.0%)
144.65B
est: 182.87B (-20.9%)
148.50B
est: 197.64B (-24.9%)
183.88B
est: 207.51B (-11.4%)
87.37B
est: 209.44B (-58.3%)
121.20B
est: 259.41B (-53.3%)
46.43B
est: 206.01B (-77.5%)
79.27B
est: 181.84B (-56.4%)
61.60B
est: 202.66B (-69.6%)
39.75B
est: 184.97B (-78.5%)
54.21B
est: 207.25B (-73.8%)
103.51B
est: 231.25B (-55.2%)
90.11B
est: 256.49B (-64.9%)
114.60B
est: 132.87B (-13.7%)
150.20B
144.31B – 153.31B
+13.0% YoY
170.85B
162.39B – 179.16B
+13.7% YoY
191.04B
177.72B – 205.13B
+11.8% YoY
211.78B
199.04B – 224.88B
+10.9% YoY
227.00B
213.35B – 241.05B
+7.2% YoY
EPS
14.36
est: 15.97 (-10.1%)
10.11
est: 12.18 (-17.0%)
5.41
est: 6.69 (-19.1%)
6.33
est: 7.58 (-16.5%)
10.42
est: 12.77 (-18.4%)
13.71
est: 11.88 (+15.4%)
8.57
est: 8.95 (-4.2%)
2.48
est: 3.12 (-20.6%)
0.73
est: -2.44 (+129.9%)
-57.06
est: -4.46 (-1,178.3%)
-44.15
est: -28.29 (-56.1%)
7.67
est: 8.04 (-4.6%)
14.80
est: 15.89 (-6.9%)
13.09
est: 19.42 (-32.6%)
58.00
est: 39.15 (+48.1%)
46.44
42.07 – 52.79
+18.6% YoY
64.52
50.47 – 79.61
+38.9% YoY
83.73
59.76 – 104.90
+29.8% YoY
112.48
103.68 – 121.52
+34.3% YoY
104.60
96.42 – 113.01
-7.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 B- 3/5 4/5 4/5 4/5 1/5 1/5 1/5
2026-05-14 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-05-13 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-05-12 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-05-11 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-05-08 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-07 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-06 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-05 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-05-04 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-04-30 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-04-29 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-04-28 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-04-27 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-04-24 B 3/5 4/5 5/5 4/5 1/5 1/5 1/5
2026-04-23 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-04-22 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-04-21 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-04-20 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-04-17 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-04-16 B 3/5 4/5 5/5 5/5 1/5 1/5 1/5
2026-04-15 B 3/5 3/5 5/5 5/5 1/5 1/5 1/5
2026-04-13 B 3/5 3/5 5/5 5/5 1/5 1/5 1/5
2026-04-10 B 3/5 3/5 5/5 5/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.11T
OE per share TTM
183.02
Owner's Yield
9.95%
Maintenance CapEx ratio
47.75%
Maint CapEx / Avg PPE
119.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
1
Total invested
12.21M
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2025 Q3
Investors holding
1
+0 vs prev Q
New positions
0
Closed positions
0
Increased
0
Reduced
1
Put/Call ratio
0.00
Calls held
—
Puts held
—
Top institutional holders
# Investor ⇅ Shares / Δ ⇅ Mkt value / Δ ⇅ Own% / Δ ⇅ Weight% / Δ ⇅ Avg px / Perf. ⇅ Hold / Status ⇅
1 BOSTON COMMON ASSET MANAGEMENT, LLC — -577.2K (-100.0%) — -12.2M (-100.0%) 0.00% -0.010 pp 0.00% -0.342 pp INR— 12 qtrs SOLD
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
23.44M
Shares Outstanding
6.09B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sunil Bharti Mittal Founder & Executive Chairman 326M male
Gopal Vittal Executive Vice Chairman 202M male
Randeep Singh Sekhon Director of Network & Chief Technical Officer 3M male
Pankaj Tewari Senior Vice President & Company Secretary — male
Rohit Krishan Puri Deputy GM of Corporate Secretarial, Compliance Officer & Joint Company Secretary — male
Romit Guha Head of Corporate Communications — male
Shashwat Sharma MD, CEO, COO & Director — male
Soumen Ray Group Chief Financial Officer — male
Vidyut Gulati General Counsel & Director of Legal — female
Manoj Kumar Mauni Chief Information Officer — male
Naval Seth Head of Investor Relations — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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