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Bharti Airtel Ltd. Fundamental Analysis Revenue, Profits & Valuation

NSE: BHARTIARTL | BSE: 532454 | TELECOMMUNICATION - SERVICES
Price ₹1,824.10 +₹9.90 (+0.55%)
P/E Ratio 32.6 TTM
52-Week Range
Low ₹1,741 High ₹2,175
Market Cap ₹10.92T Trillion
ROE 21.9% Annual

Market data as of Jun 3, 2026

What do the numbers say about Bharti Airtel Ltd. (BHARTIARTL)? Here's a look at its financials, valuation, and ownership data.

Bharti Airtel Revenue Trend

Revenue for Bharti Airtel Ltd. came in at ₹1,72,985 Cr in FY2025, growing 15.3% year-over-year.

Stepping back, the 10-year revenue CAGR of 6.5% shows Bharti Airtel Ltd. has been growing at a moderate, sustainable pace.

In terms of scale, Bharti Airtel Ltd.'s ₹1,72,985 Cr in annual revenue positions it as a major telecommunication - services company.

Revenue has moved in the same direction for 6 years running, suggesting the growth trend has structural legs.

Revenue Trend
YearRevenueYoY %
FY2025₹1,72,985 Cr+15.3%
FY2024₹1,49,982 Cr+7.8%
FY2023₹1,39,144 Cr+19.4%
FY2022₹1,16,546 Cr+15.8%
FY2021₹1,00,615 Cr
Revenue Trend (₹ Cr)

View Bharti Airtel Ltd.'s full 10-year revenue trend with CAGR analysis →

Bharti Airtel Profitability

Net profit for Bharti Airtel Ltd. climbed 349.4% to ₹33,556 Cr in FY2025.

Cost discipline paid off, with net profit margin expanding to 19.4% from 5.0%.

At ₹56.04 per share (diluted), FY2025 earnings were up year-over-year from ₹12.80.

Net Profit Trend (₹ Cr)

Is Bharti Airtel Undervalued

Under the P/E Ratio approach, Bharti Airtel Ltd.'s estimated fair value is ₹4,713 (158.4% upside).

Bharti Airtel Ltd. shares are currently trading at ₹1,824.10.

Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.

Valuation Models
ModelEst. Fair Valuevs. Current Price
P/E Ratio₹4,713158.4% upside to fair value
EPS GrowthUpgradeUpgrade
DCFUpgradeUpgrade

See all valuation models for Bharti Airtel Ltd. with detailed assumptions →

Bharti Airtel Shareholding Pattern

At 48.9%, the promoter holding is lower than the 51.2% seen 4 quarters ago.

On the foreign institutional side, the holding is 27.8% as of March 2026 — up from 26.7%.

Domestic institutions moved their stake up to 20.6% from 19.2% over the past year.

Shareholding Pattern (Last 4 Quarters)
QuarterPromoterFIIDIIPublic
Mar 202648.9%27.8%20.6%2.6%
Dec 202548.9%28.8%19.7%2.7%
Sep 202550.3%27.4%19.5%2.7%
Jun 202551.2%26.7%19.2%2.7%

Track quarterly shareholding changes for Bharti Airtel Ltd. →

Bharti Airtel Balance Sheet

Proportional view as of 3 Jun 2026. Hover blocks for details.

Assets

Liabilities & Equity

In FY2025, the total asset base came in at ₹5,143.60B, up 15.7% YoY from ₹4,445.31B.

Intangibles & Goodwill accounts for 36.0% of the total, ahead of Other Assets (30.2%) and Property, Plant & Equipment (29.9%).

Capital structure: 29.8% equity, 41.5% debt, 28.6% operating liabilities. Over the year, debt is down 0.9% and equity is up 45.4%.

Balance sheet composition — FY 2025

Assets (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Cash & ST Investments 77.59B
Receivables 74.56B
Inventories 4.52B
Property, Plant & Equipment 1,538.69B
Investments 41.85B
Intangibles & Goodwill 1,853.57B
Other Assets 1,552.84B
Liabilities and equity (values in Indian Rupees, with M = millions, B = billions)
CategoryValue
Equity 1,534.68B
Short-term Debt 531.08B
Long-term Debt 1,605.34B
Trade Payables 381.54B
Other Liabilities 1,090.97B

View full balance sheet (multi-year) →

Bharti Airtel — The Bottom Line

Pulling it all together, here's what the numbers say about Bharti Airtel Ltd. (BHARTIARTL) heading into the next fiscal year.

Revenue of ₹1,72,985 Cr in FY2025, up 15.3% year-over-year.

Long-term revenue has been compounding at 6.5% annually over 10 years.

The company is profitable, with a net margin of 19.4% and net income of ₹33,556 Cr.

The P/E Ratio model implies 158.4% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.

Unlock Full Analysis

For the complete 10-year financial history with interactive charts and growth analysis, explore Bharti Airtel Ltd.'s detailed profile on Craytheon.

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