Bharti Airtel Limited (BHARTIARTL) AI Stock Analysis

• Market Cap: ₹10.81T
• Dividend Yield: 0.84%
• Average Volume (3M): 659.67K
• Price to Earnings (P/E): 32.7
• Beta (1Y): 0.85
• Revenue Growth: 21.78%
• EPS Growth: 250.52%
• Country: IN
• Employees: 28,673
• Sector: Services
• Sector Strength: N/A
• Industry: Telecommunications Services
• EPS (TTM): 9.90
• Shares Outstanding: 5,702,105,500
• 10 Day Avg. Volume: 154,295
• 30 Day Avg. Volume: 659,673
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,093.14
• Price Target Upside: 10.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 68 Neutral
• Price Target: ₹2,067.00 ▲(9.00% Upside)

Bharti Airtel's overall stock score is driven primarily by its strong financial performance, characterized by robust revenue growth and profitability. However, the high debt levels and relatively high valuation present potential risks. The technical analysis indicates a neutral to slightly bearish trend, which also impacts the overall score.

Bharti Airtel Limited Business Overview & Revenue Model

Company Description

Bharti Airtel Limited is a leading global telecommunications company headquartered in India. It operates in multiple sectors including mobile services, broadband, digital TV, and enterprise solutions, serving millions of customers across Asia and Africa. The company is known for its innovative solutions and has a strong presence in both urban and rural markets, offering a wide range of products such as voice and data services, high-speed home internet, direct-to-home television, and enterprise services.

How the Company Makes Money

Bharti Airtel Limited generates revenue primarily through its telecommunications services, which include mobile voice and data services, and fixed-line broadband services. The mobile services segment is the largest contributor to its revenue, driven by customer subscriptions and data usage. The company also earns from its digital TV services through subscriptions and pay-per-view content. Additionally, Airtel's enterprise solutions, which provide integrated telecom and IT services to businesses, contribute significantly to its revenue. Strategic partnerships, infrastructure sharing, and digital services like Airtel Payments Bank further enhance its earnings. The company's ability to adapt to technological advancements and expand its digital offerings plays a crucial role in maintaining its revenue streams.

Bharti Airtel Limited Financial Statement Overview

Summary

Bharti Airtel shows strong financial performance with robust revenue growth, high profitability, and efficient cash flow generation. However, the high debt levels present a potential risk that needs careful management.

Income Statement

Bharti Airtel has demonstrated strong revenue growth with a TTM increase of 6.33%. The gross profit margin remains robust at 60.55%, and the net profit margin is healthy at 19.40%. The EBIT and EBITDA margins are also strong at 34.54% and 59.72%, respectively, indicating efficient operations and cost management. Overall, the income statement reflects a positive growth trajectory and profitability.

Balance Sheet

The company has a high debt-to-equity ratio of 1.88, indicating significant leverage, which could pose a risk if not managed properly. However, the return on equity is strong at 34.19%, reflecting effective use of equity to generate profits. The equity ratio stands at 23.24%, suggesting a moderate level of equity financing. While the balance sheet shows some strengths, the high leverage warrants caution.

Cash Flow

Free cash flow has grown by 26% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is 2.66, suggesting strong cash flow relative to net income. The free cash flow to net income ratio is 0.53, reflecting a solid conversion of earnings into free cash flow. Overall, the cash flow statement shows a positive trend in cash generation and financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.84T	1.73T	1.50T	1.39T	1.17T	1.01T
Gross Profit	877.73B	631.68B	503.54B	452.71B	323.83B	223.72B
EBITDA	1.10T	1.01T	684.65B	690.91B	589.51B	297.81B
Net Income	353.44B	335.56B	74.67B	83.46B	42.55B	-245.33B
Balance Sheet
Total Assets	5.15T	5.14T	4.45T	4.47T	3.64T	3.46T
Cash, Cash Equivalents and Short-Term Investments	490.85B	183.73B	109.85B	402.10B	282.78B	317.43B
Total Debt	2.03T	2.14T	2.16T	2.26T	1.70T	1.63T
Total Liabilities	3.54T	3.61T	3.39T	3.40T	2.72T	2.65T
Stockholders Equity	1.20T	1.14T	820.19B	775.63B	665.54B	589.53B
Cash Flow
Free Cash Flow	546.97B	434.10B	273.55B	343.29B	157.22B	189.98B
Operating Cash Flow	940.70B	813.17B	655.46B	603.85B	422.63B	438.13B
Investing Cash Flow	-716.57B	-730.84B	-506.95B	-408.94B	-395.36B	-263.45B
Financing Cash Flow	-197.16B	-67.05B	-139.35B	-177.16B	-47.83B	-210.61B

Bharti Airtel Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1896.40
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BHARTIARTL, the sentiment is Positive. The current price of 1896.4 is above the 20-day moving average (MA) of 1894.06, below the 50-day MA of 1925.89, and above the 200-day MA of 1752.87, indicating a neutral trend. The MACD of -5.69 indicates Positive momentum. The RSI at 48.56 is Neutral, neither overbought nor oversold. The STOCH value of 23.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BHARTIARTL.

Bharti Airtel Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BHARTIARTL	68 Neutral	₹10.81T	32.66		0.84%	21.78%	250.52%
INDUSTOWER	66 Neutral	₹889.69B	9.16		―	6.54%	49.94%
TATACOMM	63 Neutral	₹441.04B	30.96		1.61%	7.72%	54.92%
Sector *	56 Neutral	$13.56B	12.83	10.03%	0.92%	7.13%	-12.93%
TTML	45 Neutral	₹112.15B	―		―	3.18%	-2.10%
IDEA	44 Neutral	₹784.40B	―		―	3.72%	38.23%
MTNL	39 Underperform	₹28.41B	―		―	-25.93%	-9.67%

Bharti Airtel Limited Corporate Events

Bharti Airtel’s AGM Approves Key Resolutions to Strengthen Operations

Bharti Airtel Limited held its 30th Annual General Meeting on August 8, 2025, where shareholders approved several key resolutions. These included the adoption of financial statements, declaration of dividends, re-appointment of a director, ratification of remuneration for cost auditors, and approval of material related party transactions with various subsidiaries and associates. The meeting’s outcomes are expected to strengthen the company’s governance and operational strategies, reinforcing its position in the telecommunications sector.

Nxtra by Airtel Expands Green Energy Partnership with AMPIN

Nxtra by Airtel has entered into a partnership with AMPIN Energy Transition to enhance its green energy resources by securing an additional 205,167 MWh supply from solar-wind hybrid projects. This agreement will significantly reduce Nxtra’s carbon emissions and reinforce its leadership in sustainable data center solutions in India. The partnership will deliver renewable energy in two phases across multiple states, showcasing a commitment to sustainability and operational excellence. This initiative aligns with Nxtra’s Net Zero commitment and its pledge to source 100% of its electricity from renewable sources.

Airtel Partners with Perplexity to Offer Free AI Subscription to Customers

Bharti Airtel has announced a partnership with Perplexity to offer a free 12-month subscription of Perplexity Pro to its 360 million customers. This collaboration marks Perplexity’s first partnership with an Indian telecom company and aims to provide Airtel users with advanced AI-powered search capabilities, enhancing their ability to access information and improve productivity. The initiative is expected to strengthen Airtel’s market position by offering cutting-edge AI tools to its customers, thereby fostering digital engagement and customer satisfaction.

Bharti Airtel Penalized for Subscriber Verification Norms Violation

Bharti Airtel Limited has received a notice from the Department of Telecommunications (DoT) for a penalty of Rs. 2,20,000 due to alleged violations of subscriber verification norms. The company has decided not to contest the penalty and will comply by paying the imposed fine, highlighting its commitment to adhering to regulatory requirements. This incident underscores the importance of compliance with licensing terms and conditions in the telecom industry, impacting the company’s operational practices.