Bharti Airtel financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹58,539cr+18.4% on Q1 FY26
Net profit
₹10,012cr+34.9% on Q1 FY26
EBITDA margin
56.9%+0.6 pts on Q1 FY26
EPS
₹13.38+30.4% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue58,53949,463+18.4%
EBITDA33,30327,839+19.6%
EBITDA margin56.9%56.3%+0.6 pts
Profit before tax13,66510,422+31.1%
Net profit10,0127,422+34.9%
EPS₹13.38₹10.26+30.4%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹58,539 crNet profit₹10,012 crNet margin17.1%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
11,87,094————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
27,42327,4237,7597,18511,884
46,90746,90739,79623,54528,881
1,21,6711,21,6711,48,3121,51,9171,65,545
13,28,250————
2,20,0492,10,9731,72,9851,49,9821,39,145
—+22.0%+15.3%+7.8%—
1,25,1391,19,67593,15978,29271,274
56.9%56.7%53.9%52.2%51.2%
70,65866,96447,58938,75434,842
36,41333,82337,4818,55812,287
16.5%16.0%21.7%5.7%8.8%
₹47.45₹43.81₹55.07₹12.25₹13.70
—−20.4%+349.4%−10.5%—
—1,22,23098,33278,89865,325
—−47,569−61,029−52,206−38,907
74,66174,66137,30426,69226,418
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

BHARTIARTL₹1,948.10

Bharti Airtel Ltd.

· Telecom & Media
₹ CrorePeersRELIANCEIDEATATACOMMINDUSTOWERBHARTIHEXAITIHFCLRAILTELMcap ₹11.87L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————11,87,094.2
- Cash, Equiv & ST Investments11,883.97,185.07,758.827,422.827,422.8
+ Minority Interest28,881.423,545.139,795.846,906.846,906.8
+ Total Debt1,65,544.81,51,916.51,48,312.31,21,671.41,21,671.4
Enterprise Value————13,28,249.6
Revenue1,39,144.81,49,982.41,72,985.22,10,972.82,20,049.3
Growth %, YoY—+7.8+15.3+22.0—
EBITDA71,273.578,291.893,159.21,19,674.51,25,138.6
Margin %51.2252.2053.8556.7356.87
EBIT34,841.738,754.247,588.966,963.770,657.9
Net Income12,287.48,558.037,481.333,822.836,412.6
Margin %8.835.7121.6716.0316.55
EPS, Adj (current shares)13.7012.2555.0743.8147.45
Growth %, YoY—-10.5+349.4-20.4—
Cash from Operations65,324.678,898.298,332.21,22,229.6—
Capital Expenditures-38,906.9-52,206.2-61,028.6-47,568.8—
Free Cash Flow26,417.726,692.037,303.674,660.874,660.8
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 193%.

Bharti Airtel financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Bharti Airtel (NSE: BHARTIARTL) had a market capitalisation of ₹12,03,806 crore at the 29 October 2026 close (₹1,972.10 a share), a PE ratio of 41.6 on the last four quarters' profit and a price-to-book ratio of 8.08. In FY26 its consolidated net profit attributable to shareholders was ₹26,695 crore on revenue of ₹2,10,973 crore; in Q1 FY27 (April–June 2026) it was ₹8,167 crore, up 37.3% year on year. Its debt-to-equity ratio was 0.62 on 31 March 2026. Promoters held 50.07% of the shares on 30 September 2026.

Share price used
₹1,972.10 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹1,972.10 · 29 Oct close

Bharti Airtel at a glance · consolidated

Market cap
₹12,03,806 Crat ₹1,972.10 · 29 Oct close
PE ratio (last 4 quarters)
41.645.1 on FY26 profit
Price to book (PB)
8.08book value ₹244.19 a share
ROE (FY26)
20.3%−14.0 pts vs FY25ROCE 18.8%
Debt to equity
0.62net debt ₹77,594 Cr
Promoter holding
50.07%unchanged vs 30 Jun 202630 September 2026
Dividend yield
1.22%₹24 a share in 12 months
Net worth
₹1,49,057 Cr+31.1% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹74,661 Cr+100.1% vs FY25

Questions

What is the Bharti Airtel PE ratio today?

Bharti Airtel's PE ratio is 41.6 at the 29 October 2026 close (₹1,972.10 a share): a market capitalisation of ₹12,03,806 crore divided by consolidated net profit attributable to shareholders of ₹28,915 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹26,695 crore) it is 45.1.

What is the Bharti Airtel PB ratio (price to book value)?

Bharti Airtel's price-to-book (PB) ratio is 8.08 at the 29 October 2026 close: a market capitalisation of ₹12,03,806 crore divided by shareholders' equity (book value) of ₹1,49,057 crore on 31 March 2026. That is a book value of ₹244.19 per share against a share price of ₹1,972.10.

What is the Bharti Airtel ROE and ROCE?

In FY26, Bharti Airtel's return on equity (ROE) was 20.3% and its return on capital employed (ROCE) was 18.8%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 34.3% and ROCE 14.9%.

What is the Bharti Airtel market cap?

Bharti Airtel's market capitalisation was ₹12,03,806 crore (₹12.04 lakh crore) at the 29 October 2026 close: 610.42 crore shares at ₹1,972.10 each.

What is the Bharti Airtel EPS?

Bharti Airtel's basic earnings per share (EPS) were ₹45.96 in FY26, against ₹58.00 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹49.01.

What is the Bharti Airtel dividend in 2026 and its record date?

In 2026, Bharti Airtel has declared one dividend: ₹24 with record date 24 July 2026.

Is Bharti Airtel debt free?

No. Bharti Airtel had borrowings of ₹1,21,671 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.62. Its cash and current investments were ₹44,077 crore, so its net debt was ₹77,594 crore.

What is the Bharti Airtel debt to equity ratio?

Bharti Airtel's debt-to-equity ratio was 0.62 on 31 March 2026: borrowings of ₹1,21,671 crore against total equity of ₹1,95,963 crore. A year earlier, on 31 March 2025, it was 0.97.

What is the Bharti Airtel promoter holding?

Promoters held 50.07% of Bharti Airtel on 30 September 2026, unchanged from the previous quarter and down 0.20 percentage points from 50.27% a year earlier, according to the shareholding pattern filed with NSE.

What is the Bharti Airtel net worth?

Bharti Airtel's net worth — shareholders' equity in its consolidated balance sheet — was ₹1,49,057 crore (₹1.49 lakh crore) on 31 March 2026, up 31.1% from ₹1,13,672 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹12,03,806 crore at the 29 October 2026 close.

What is the Bharti Airtel book value per share?

Bharti Airtel's book value per share was ₹244.19 on 31 March 2026: shareholders' equity of ₹1,49,057 crore divided by the 610.42 crore shares in issue, up 24.6% from ₹195.98 a year earlier. The share price at the 29 October 2026 close was ₹1,972.10.

What are the Bharti Airtel latest quarterly results?

Bharti Airtel's latest results are for Q1 FY27 (April–June 2026), filed on 4 August 2026: consolidated net profit attributable to shareholders ₹8,167 crore, up 37.3% from ₹5,948 crore in Q1 FY26; revenue from operations ₹58,539 crore, up 18.4% year on year.

What is the Bharti Airtel dividend yield?

Bharti Airtel's dividend yield is 1.22% at the 29 October 2026 close: dividends of ₹24 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,972.10. They were ₹24 on 24 July 2026.

What is the Bharti Airtel free cash flow?

In FY26, Bharti Airtel generated ₹1,22,230 crore of cash from operations and spent ₹47,569 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹74,661 crore. In FY25 it was ₹37,304 crore.

What is the Bharti Airtel revenue and profit in FY26?

In FY26 (April 2025–March 2026), Bharti Airtel's consolidated net profit attributable to shareholders was ₹26,695 crore, down 20.4% from ₹33,556 crore in FY25, on revenue from operations of ₹2,10,973 crore (up 22.0%). Over three years, from FY23, net profit was up 219.9%.

What is the Bharti Airtel shareholding pattern?

On 30 September 2026, Bharti Airtel's shares were held by promoters 50.07%, foreign portfolio investors (FII/FPI) 25.45%, domestic institutions (DII) 21.74% (including mutual funds at 12.29%) and retail and other non-institutional investors 2.72%. Over the year, FII holding was down 1.97 percentage points from 27.42% and DII holding was up 2.23 percentage points from 19.51%.

How does Bharti Airtel compare with its peers?

On FY26 consolidated figures, against Reliance Industries, Vodafone Idea and Tata Communications: Bharti Airtel's operating margin of 31.7% is the highest of the four (Reliance Industries 11.3%, Vodafone Idea −6.9%, Tata Communications 8.1%; peer average 4.1%); its revenue growth over three years of 14.9% a year is the highest of the four (Reliance Industries 6.5% a year, Vodafone Idea 2.1% a year, Tata Communications 11.6% a year; peer average 6.7% a year).

Bharti Airtel vs Reliance Industries: how do they compare?

In FY26, Bharti Airtel earned net profit attributable to shareholders of ₹26,695 crore on revenue of ₹2,10,973 crore, against ₹80,775 crore on ₹10,75,675 crore for Reliance Industries. Bharti Airtel's operating margin was 31.7% (Reliance Industries 11.3%) and its return on equity 20.3% (Reliance Industries 9.3%). At the 29 October 2026 close, Bharti Airtel's market capitalisation was ₹12,03,806 crore against ₹15,79,842 crore for Reliance Industries, and its PE ratio on FY26 profit 45.1 against 19.6.

When are the Bharti Airtel next results?

Bharti Airtel will announce its Q2 FY27 results (July–September 2026) on Thursday, 5 November 2026, the date of the board meeting it has notified to the exchanges.

Where do these Bharti Airtel figures come from?

From Bharti Airtel's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.