Bharti Hexacom Limited (BHARTIHEXA) AI Stock Analysis

• Market Cap: ₹902.90B
• Dividend Yield: 0.78%
• Average Volume (3M): 11.30K
• Price to Earnings (P/E): 58.5
• 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 ▲(4.33% 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 provides consumer mobile services, fixed-line telephone, and broadband services under the Airtel brand in India. The company offers pre-paid and post-paid wireless voice services, data communication services, and international roaming of voice and data services. It also provides fixed-line telephone and broadband services; and Airtel Black, a solution for households that combines mobility, broadband, fixed line, and digital TV services. The company was formerly known as Hexacom India Limited and changed its name to Bharti Hexacom Limited in December 2004. The company was incorporated in 1995 and is based in New Delhi, India. Bharti Hexacom Limited is a subsidiary of Bharti Airtel Limited.

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 revenue growth and profitability, with solid margins and improved leverage. However, the decline in free cash flow growth and slight pressure on net profit margins are areas to monitor. Overall, the company is financially stable with a strong performance in the telecommunications sector.

Income Statement

Bharti Hexacom Limited shows strong revenue growth with a TTM revenue growth rate of 2.47%. The company maintains healthy margins with a gross profit margin of 52.19% and an EBIT margin of 27.41% in the TTM period. However, the net profit margin has slightly decreased from 17.47% in the previous annual report to 15.44% in the TTM period, indicating some pressure on net profitability.

Balance Sheet

The company has improved its debt-to-equity ratio to 1.02 in the TTM period from 1.24 in the previous annual report, indicating better leverage management. Return on equity remains strong at 23.98%, although slightly lower than the previous year's 25.18%. The equity ratio is stable, reflecting a balanced capital structure. However, the high level of debt remains a potential risk.

Cash Flow

Operating cash flow remains robust, with a TTM operating cash flow to net income ratio of 0.75. However, free cash flow growth has turned negative at -1.64% in the TTM period, which is a concern. The free cash flow to net income ratio is healthy at 0.72, indicating good cash conversion, but the decline in free cash flow growth needs attention.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	91.20B	85.48B	70.89B	65.79B	54.05B	39.04B
Gross Profit	48.28B	48.05B	39.00B	33.77B	22.14B	7.49B
EBITDA	47.84B	43.79B	31.04B	28.60B	18.84B	2.97B
Net Income	15.42B	14.94B	5.04B	5.49B	16.75B	-27.16B
Balance Sheet
Total Assets	189.74B	192.51B	185.17B	182.53B	166.74B	154.35B
Cash, Cash Equivalents and Short-Term Investments	3.35B	1.11B	2.77B	19.32B	9.09B	9.34B
Total Debt	66.07B	73.53B	81.05B	91.64B	90.68B	51.91B
Total Liabilities	127.29B	133.19B	138.79B	140.43B	130.14B	124.15B
Stockholders Equity	62.45B	59.32B	46.39B	42.09B	36.60B	30.20B
Cash Flow
Free Cash Flow	32.59B	31.13B	14.88B	41.64B	-907.00M	-5.22B
Operating Cash Flow	45.42B	45.83B	35.46B	51.08B	12.58B	4.93B
Investing Cash Flow	-24.44B	-23.41B	-11.55B	-20.31B	-13.82B	-11.66B
Financing Cash Flow	-21.11B	-22.65B	-24.04B	-31.11B	1.83B	5.59B

Bharti Hexacom Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1805.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BHARTIHEXA, the sentiment is Positive. The current price of 1805.8 is above the 20-day moving average (MA) of 1746.29, above the 50-day MA of 1783.02, and above the 200-day MA of 1714.34, indicating a bullish trend. The MACD of 5.18 indicates Negative momentum. The RSI at 60.08 is Neutral, neither overbought nor oversold. The STOCH value of 88.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	₹1.09T	11.94	―	―	7.80%	26.53%
BHARTIARTL	73 Outperform	₹12.10T	33.52	―	0.75%	25.17%	212.83%
TATACOMM	67 Neutral	₹511.18B	37.03	―	1.39%	4.94%	49.05%
RAILTEL	66 Neutral	₹115.28B	35.95	―	0.79%	29.92%	22.87%
BHARTIHEXA	62 Neutral	₹902.90B	58.55	―	0.78%	―	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
IDEA	53 Neutral	₹1.30T	-3.91	―	―	3.81%	39.18%