Bharti Hexacom Limited (BHARTIHEXA) AI Stock Analysis

• Market Cap: ₹889.83B
• Dividend Yield: 0.79%
• Average Volume (3M): 11.30K
• Price to Earnings (P/E): 57.7
• Beta (1Y): 0.90
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 424
• Sector: Services
• Sector Strength: N/A
• Industry: Telecommunications Services
• EPS (TTM): 8.40
• Shares Outstanding: 500,000,000
• 10 Day Avg. Volume: 6,014
• 30 Day Avg. Volume: 11,299
• PEG Ratio: 0.25
• Price to Book (P/B): 12.39
• Price to Sales (P/S): 8.60
• P/FCF Ratio: 23.62
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 36.74
• Revenue Forecast (FY): ₹96.12B

• Rating: 62 Neutral
• Price Target: ₹1,884.00 ▲(7.26% Upside)

Bharti Hexacom Limited shows strong financial performance with solid revenue growth and profitability, which is the most significant factor in the overall score. Technical analysis indicates a neutral trend with potential upward momentum, while valuation metrics suggest the stock may be overvalued. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market presence and effective business strategies, supporting long-term financial stability.

Profitability

High profitability margins suggest efficient operations and pricing power, which can sustain competitive advantage over time.

Leverage Management

Improved leverage management enhances financial flexibility and reduces risk, supporting long-term growth potential.

Negative Factors

Net Profit Margin Pressure

Decreasing net profit margins may indicate rising costs or pricing pressures, potentially impacting future profitability.

Free Cash Flow Decline

Declining free cash flow growth can limit reinvestment capabilities and affect long-term financial health.

High Debt Levels

High debt levels can strain cash flow and limit financial flexibility, posing a risk to long-term stability.

Bharti Hexacom Limited Business Overview & Revenue Model

Company Description

Bharti Hexacom Limited (BHARTIHEXA) is a prominent telecommunications service provider in India, operating primarily in the mobile and broadband sectors. As a subsidiary of Bharti Airtel, one of the largest telecommunications companies in the world, BHARTIHEXA focuses on delivering a range of services including voice, data, and digital solutions across various regions, catering to both individual consumers and businesses. The company aims to enhance connectivity and provide innovative services to meet the evolving needs of its customers.

How the Company Makes Money

Bharti Hexacom Limited generates revenue primarily through its telecommunications services, which include mobile voice and data services, broadband internet connectivity, and value-added services. The company earns money from monthly subscription fees, pay-per-use charges, and data packages offered to consumers and businesses. Key revenue streams include prepaid and postpaid mobile plans, enterprise solutions, and partnerships with digital content providers for bundled services. Additionally, BHARTIHEXA benefits from strategic collaborations with technology firms and content providers, enhancing its service offerings and driving customer acquisition and retention. The growing demand for data services and digital transformation initiatives across India further contributes to its revenue growth.

Bharti Hexacom Limited Financial Statement Overview

Summary

Bharti Hexacom Limited demonstrates strong financial health with consistent revenue growth and robust profitability margins. The company has improved its leverage position, reducing debt reliance, and shows strong cash flow generation. However, past fluctuations in free cash flow and a relatively low equity ratio suggest areas for cautious monitoring.

Income Statement

Bharti Hexacom Limited shows strong revenue growth with a TTM increase of 4.12%. The company maintains healthy margins, with a gross profit margin of 52.19% and a net profit margin of 15.44% in the TTM. EBIT and EBITDA margins are robust at 27.41% and 51.30%, respectively, indicating efficient operations. However, there is a slight decline in gross profit margin compared to the previous annual report, suggesting potential cost pressures.

Balance Sheet

The company's debt-to-equity ratio has improved to 1.02 in the TTM, down from 1.24 in the previous year, indicating better leverage management. Return on equity remains strong at 23.98%, reflecting effective use of equity to generate profits. However, the equity ratio is relatively low, suggesting a higher reliance on debt financing, which could pose risks if market conditions change.

Cash Flow

Operating cash flow is strong, with a TTM figure of 46.18 billion, supporting a solid operating cash flow to net income ratio of 0.75. Free cash flow has grown by 6.85% in the TTM, indicating improved cash generation capabilities. The free cash flow to net income ratio of 0.72 suggests efficient conversion of profits into cash. However, the company experienced a significant free cash flow decline in earlier years, highlighting potential volatility.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	89.00B	85.48B	70.89B	65.79B	54.05B	39.04B
Gross Profit	46.45B	48.05B	39.00B	33.77B	22.14B	7.49B
EBITDA	45.66B	43.79B	31.04B	28.60B	18.84B	2.97B
Net Income	13.74B	14.94B	5.04B	5.49B	16.75B	-27.16B
Balance Sheet
Total Assets	188.19B	192.51B	185.17B	182.53B	166.74B	154.35B
Cash, Cash Equivalents and Short-Term Investments	12.56B	1.11B	2.77B	19.32B	9.09B	9.34B
Total Debt	64.25B	73.53B	81.05B	91.64B	90.68B	51.91B
Total Liabilities	124.96B	133.19B	138.79B	140.43B	130.14B	124.15B
Stockholders Equity	63.23B	59.32B	46.39B	42.09B	36.60B	30.20B
Cash Flow
Free Cash Flow	33.14B	31.13B	14.88B	41.64B	-907.00M	-5.22B
Operating Cash Flow	46.18B	45.83B	35.46B	51.08B	12.58B	4.93B
Investing Cash Flow	-23.97B	-23.41B	-11.55B	-20.31B	-13.82B	-11.66B
Financing Cash Flow	-22.01B	-22.65B	-24.04B	-31.11B	1.83B	5.59B

Bharti Hexacom Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1756.40
• 50DMA: Negative
• 100DMA: Negative
• 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:BHARTIHEXA, the sentiment is Negative. The current price of 1756.4 is below the 20-day moving average (MA) of 1804.40, below the 50-day MA of 1767.98, and above the 200-day MA of 1674.64, indicating a neutral trend. The MACD of -5.04 indicates Positive momentum. The RSI at 44.72 is Neutral, neither overbought nor oversold. The STOCH value of 41.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BHARTIHEXA.

Bharti Hexacom Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INDUSTOWER	79 Outperform	₹1.04T	11.06	―	―	7.80%	26.53%
BHARTIARTL	73 Outperform	₹12.04T	33.37	―	0.77%	25.17%	212.83%
TATACOMM	67 Neutral	₹520.50B	37.71	―	1.36%	4.94%	49.05%
RAILTEL	66 Neutral	₹116.85B	36.44	―	0.85%	29.92%	22.87%
BHARTIHEXA	62 Neutral	₹889.83B	57.70	―	0.79%	―	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
IDEA	53 Neutral	₹1.02T	-2.62	―	―	3.81%	39.18%