Bharti Airtel Limited
Bharti Airtel Limited (BHARTIARTL) financial statements and selected valuation metrics from NSE/BSE exchange filings through 30 June 2026.
Telecommunication›Telecommunication›Telecom - Services›Telecom - Cellular & Fixed line services
airtel.in(opens the company website in a new tab)Key metrics
Price as of 2026-09-03
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Share price
NSE closing price from historical market data.
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Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · NSE preferred when both exchanges report the same period · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37,044 Cr | 37,900 Cr | 37,599 Cr | 38,506 Cr | 41,473 Cr | 45,129 Cr | 47,876 Cr | 49,463 Cr | 52,145 Cr | 53,982 Cr | 55,383 Cr | 58,539 Cr |
| Operating expenses (approx.) | 17,530 Cr | 18,085 Cr | 18,234 Cr | 18,799 Cr | 19,627 Cr | 20,533 Cr | 20,867 Cr | 21,624 Cr | 22,584 Cr | 23,199 Cr | 23,892 Cr | 25,236 Cr |
| EBITDA | 19,514 Cr | 19,815 Cr | 19,365 Cr | 19,708 Cr | 21,846 Cr | 24,597 Cr | 27,009 Cr | 27,839 Cr | 29,561 Cr | 30,783 Cr | 31,492 Cr | 33,303 Cr |
| OPM % | 52.7% | 52.3% | 51.5% | 51.2% | 52.7% | 54.5% | 56.4% | 56.3% | 56.7% | 57.0% | 56.9% | 56.9% |
| Other income | 330 Cr | 440 Cr | 317 Cr | 364 Cr | 255 Cr | 470 Cr | 486 Cr | 509 Cr | 728 Cr | 702 Cr | 879 Cr | 907 Cr |
| Interest | 5,186 Cr | 6,645 Cr | 5,203 Cr | 5,152 Cr | 5,424 Cr | 5,676 Cr | 5,502 Cr | 5,461 Cr | 4,866 Cr | 5,623 Cr | 5,606 Cr | 5,956 Cr |
| Depreciation | 9,734 Cr | 10,074 Cr | 10,075 Cr | 10,540 Cr | 11,000 Cr | 11,704 Cr | 12,326 Cr | 12,465 Cr | 13,182 Cr | 13,420 Cr | 13,644 Cr | 14,235 Cr |
| Profit before tax | 3,940 Cr | 4,108 Cr | 2,778 Cr | 6,025 Cr | 5,897 Cr | 16,892 Cr | 9,584 Cr | 10,504 Cr | 12,322 Cr | 12,301 Cr | 10,045 Cr | 13,773 Cr |
| Tax % | 46.9% | 30.0% | 25.6% | 21.7% | 29.6% | 4.5% | -30.2% | 29.3% | 29.8% | 30.9% | 7.9% | 27.3% |
| Net profit | 2,093 Cr | 2,876 Cr | 2,068 Cr | 4,718 Cr | 4,153 Cr | 16,135 Cr | 12,476 Cr | 7,422 Cr | 8,651 Cr | 8,503 Cr | 9,247 Cr | 10,012 Cr |
| EPS (₹) | ₹2.36 | ₹4.27 | ₹3.61 | ₹7.21 | ₹6.21 | ₹25.54 | ₹19.02 | ₹10.26 | ₹11.66 | ₹11.44 | ₹12.53 | ₹13.38 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 80,780 Cr | 87,539 Cr | 1,00,616 Cr | 1,16,547 Cr | 1,39,145 Cr | 1,49,982 Cr | 1,72,985 Cr | 2,10,973 Cr | Sign in for TTM |
| Operating expenses (approx.) | 54,961 Cr | 51,057 Cr | 55,244 Cr | 59,013 Cr | 67,871 Cr | 71,691 Cr | 79,826 Cr | 91,298 Cr | Sign in for TTM |
| EBITDA | 25,819 Cr | 36,482 Cr | 45,372 Cr | 57,534 Cr | 71,274 Cr | 78,292 Cr | 93,159 Cr | 1,19,675 Cr | Sign in for TTM |
| OPM % | 32.0% | 41.7% | 45.1% | 49.4% | 51.2% | 52.2% | 53.9% | 56.7% | Sign in for TTM |
| Other income | 291 Cr | 325 Cr | 643 Cr | 534 Cr | 937 Cr | 1,435 Cr | 1,574 Cr | 2,817 Cr | Sign in for TTM |
| Interest | 9,779 Cr | 12,382 Cr | 15,091 Cr | 16,616 Cr | 19,300 Cr | 22,648 Cr | 21,754 Cr | 21,555 Cr | Sign in for TTM |
| Depreciation | 21,348 Cr | 27,690 Cr | 29,404 Cr | 33,091 Cr | 36,432 Cr | 39,538 Cr | 45,570 Cr | 52,711 Cr | Sign in for TTM |
| Profit before tax | -1,732 Cr | -42,846 Cr | -3,026 Cr | 12,483 Cr | 16,561 Cr | 12,679 Cr | 38,399 Cr | 45,173 Cr | Sign in for TTM |
| Tax % | 197.4% | 28.4% | -295.2% | 33.5% | 25.8% | 32.5% | 2.4% | 25.1% | Sign in for TTM |
| Net profit | 1,688 Cr | -30,664 Cr | -12,364 Cr | 8,305 Cr | 12,287 Cr | 8,558 Cr | 37,481 Cr | 33,823 Cr | Sign in for TTM |
| EPS (₹) | ₹1.02 | ₹-63.41 | ₹-27.65 | ₹7.67 | ₹14.80 | ₹13.09 | ₹58.00 | ₹45.96 | Sign in for TTM |
| Dividend payout % | — | — | — | 17.4% | 29.2% | 48.9% | 18.5% | 33.5% | Sign in for TTM |
Trailing twelve months totals and margin rows
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1,999 Cr | 2,728 Cr | 2,746 Cr | 2,795 Cr | 2,837 Cr | 2,877 Cr | 2,900 Cr | 3,047 Cr |
| Reserves | 69,424 Cr | 74,417 Cr | 56,207 Cr | 63,759 Cr | 74,726 Cr | 79,142 Cr | 1,10,772 Cr | 1,46,010 Cr |
| Borrowings | 1,25,428 Cr | 1,48,756 Cr | 1,67,138 Cr | 1,71,000 Cr | 2,26,458 Cr | 2,14,636 Cr | 2,07,847 Cr | 1,88,803 Cr |
| Other liabilities | 64,821 Cr | 1,09,894 Cr | 97,663 Cr | 1,00,721 Cr | 1,13,731 Cr | 1,24,331 Cr | 1,53,046 Cr | 1,67,385 Cr |
| Total liabilities | 2,75,198 Cr | 3,60,779 Cr | 3,46,028 Cr | 3,63,656 Cr | 4,46,633 Cr | 4,44,531 Cr | 5,14,360 Cr | 5,52,152 Cr |
| Fixed assets (net) | 81,523 Cr | 1,13,662 Cr | 1,14,616 Cr | 1,22,801 Cr | 1,49,871 Cr | 1,62,549 Cr | 2,03,514 Cr | 2,24,390 Cr |
| CWIP | 8,843 Cr | 3,997 Cr | 4,367 Cr | 4,239 Cr | 11,029 Cr | 8,908 Cr | 10,596 Cr | 12,613 Cr |
| Investments | 15,711 Cr | 25,477 Cr | 27,550 Cr | 29,349 Cr | 32,954 Cr | 31,602 Cr | 5,838 Cr | 18,901 Cr |
| Inventories | 88 Cr | 157 Cr | 266 Cr | 375 Cr | 258 Cr | 364 Cr | 452 Cr | 601 Cr |
| Trade receivables | 4,301 Cr | 4,606 Cr | 3,638 Cr | 4,056 Cr | 3,982 Cr | 4,728 Cr | 7,456 Cr | 7,978 Cr |
| Cash & bank | 6,212 Cr | 13,551 Cr | 8,086 Cr | 6,096 Cr | 7,179 Cr | 6,916 Cr | 6,106 Cr | 13,722 Cr |
| Other assets | 1,58,519 Cr | 1,99,330 Cr | 1,87,505 Cr | 1,96,740 Cr | 2,41,361 Cr | 2,29,465 Cr | 2,80,399 Cr | 2,73,946 Cr |
| Total assets | 2,75,198 Cr | 3,60,779 Cr | 3,46,028 Cr | 3,63,656 Cr | 4,46,633 Cr | 4,44,531 Cr | 5,14,360 Cr | 5,52,152 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | — | — | 55,017 Cr | 65,325 Cr | 78,898 Cr | 98,332 Cr | 1,22,230 Cr |
| Cash from investing | — | — | — | -41,870 Cr | -39,080 Cr | -50,204 Cr | -60,270 Cr | -58,534 Cr |
| Cash from financing | — | — | — | -15,203 Cr | -24,469 Cr | -27,778 Cr | -36,533 Cr | -52,293 Cr |
| Net cash flow | — | — | — | -1,664 Cr | 1,623 Cr | 31 Cr | 1,601 Cr | 13,732 Cr |
| Free cash flow (OCF − Capex) | — | — | — | 10,169 Cr | 26,418 Cr | 26,692 Cr | 37,304 Cr | 74,661 Cr |
Ratios
Ratios as reported or derived per annual period.
| Metric | Mar 2019BSE balance sheet (this exchange's own filing had none for this period) | Mar 2020BSE balance sheet (this exchange's own filing had none for this period) | Mar 2021BSE balance sheet (this exchange's own filing had none for this period) | Mar 2022BSE balance sheet (this exchange's own filing had none for this period) | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| ROCE % | 3.8% | -12.1% | 4.9% | 11.1% | 10.8% | 11.0% | 16.6% | 17.3% |
| ROE % | 2.2% | -31.5% | -18.6% | 9.9% | 7.8% | 7.1% | 21.9% | 13.6% |
| Debtor days | 19 | 19 | 13 | 13 | 10 | 12 | 16 | 14 |
| Inventory days | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Days payable | 126 | 104 | 101 | 91 | 86 | 85 | 80 | 78 |
| Cash conversion cycle | -106 | -84 | -87 | -78 | -75 | -73 | -64 | -63 |
| Debt / equity | 1.76 | 1.93 | 2.84 | 0.01 | 2.92 | 2.62 | 1.83 | 1.27 |
| Current ratio | 0.35 | 0.58 | 0.49 | 0.46 | 0.47 | 0.42 | 0.37 | 0.52 |
| Net debt / EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 3.08 | 2.65 | 2.17 | 1.46 |
Compare with peers
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