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 ₹2,10,972 Cr in FY2026, growing 22.0% year-over-year.
Stepping back, the 10-year revenue CAGR of 8.1% shows Bharti Airtel Ltd. has been growing at a moderate, sustainable pace.
In terms of scale, Bharti Airtel Ltd.'s ₹2,10,972 Cr in annual revenue positions it as a major telecommunication - services company.
Revenue has moved in the same direction for 7 years running, suggesting the growth trend has structural legs.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹2,10,972 Cr | +22.0% |
| 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 | — |
View Bharti Airtel Ltd.'s full 10-year revenue trend with CAGR analysis →
Bharti Airtel Profitability
Profitability was essentially flat for Bharti Airtel Ltd., with net profit of ₹33,823 Cr in FY2026 versus FY2025.
The company's net margin contracted to 16.0% in FY2026 from 19.4% in FY2025.
At ₹44.37 per share (diluted), FY2026 earnings were down year-over-year from ₹56.04.
Is Bharti Airtel Undervalued
Bharti Airtel Ltd. shares are currently trading at ₹1,970.50.
Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
Bharti Airtel Shareholding Pattern
At 48.9%, the promoter holding is lower than the 50.3% seen 4 quarters ago.
On the foreign institutional side, the holding is 27.1% as of June 2026 — down from 27.4%.
Domestic institutions moved their stake up to 21.3% from 19.5% over the past year.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 48.9% | 27.1% | 21.3% | 2.7% |
| Mar 2026 | 48.9% | 27.8% | 20.6% | 2.6% |
| Dec 2025 | 48.9% | 28.8% | 19.7% | 2.7% |
| Sep 2025 | 50.3% | 27.4% | 19.5% | 2.7% |
Track quarterly shareholding changes for Bharti Airtel Ltd. →
Bharti Airtel Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2026, the total asset base came in at ₹5,521.52B, up 7.3% YoY from ₹5,143.60B.
Intangibles & Goodwill accounts for 33.0% of the total, ahead of Property, Plant & Equipment (30.7%) and Other Assets (28.9%).
Capital structure: 35.5% equity, 35.4% debt, 29.1% operating liabilities. Over the year, debt is down 8.5% and equity is up 27.7%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 274.23B |
| Receivables | 79.78B |
| Inventories | 6.01B |
| Property, Plant & Equipment | 1,696.79B |
| Investments | 52.01B |
| Intangibles & Goodwill | 1,819.46B |
| Other Assets | 1,593.24B |
| Category | Value |
|---|---|
| Equity | 1,959.63B |
| Short-term Debt | 308.27B |
| Long-term Debt | 1,645.85B |
| Trade Payables | 450.15B |
| Other Liabilities | 1,157.61B |
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 ₹2,10,972 Cr in FY2026, up 22.0% year-over-year.
Long-term revenue has been compounding at 8.1% annually over 10 years.
The company is profitable, with a net margin of 16.0% and net income of ₹33,823 Cr.
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.