Bharti Airtel logo

Bharti Airtel share price

NSE: BHARTIARTLBSE: 532454Telecom - ServicesLarge Cap

Bharti Airtel Limited · Formerly Bharti Tele-Ventures · Face value ₹5 · Listed Feb 2002
Last close ₹1,973.70up ₹1.60 (0.08%)BSE ₹1,970.00

Share price at the NSE close on 30 Oct 2026. Previous close ₹1,972.10.

30 Oct: open ₹1,981.00, high ₹1,985.00, low ₹1,958.00

52-week range of traded prices to 30 Oct 2026
₹1,726.30Low, 1 Oct 2026₹2,174.50High, 21 Nov 2025
Market cap
₹12,31,817 Cr3rd largest listed
P/E
42.60
P/E without one-offs
37.69
P/B
8.26
Dividend yield
1.22%
ROE
22.0%
ROE without one-offs
24.9%
ROCE
22.2%
Debt to equity
0.62
Volume, NSE
72,21,87373.4% delivered

Bharti Airtel share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−4.5%over a year · Nifty 500 −8.2%

ResultsDividend20-session average 89,69,938 shares a day, 65.9% delivered

About Bharti Airtel

Bharti Airtel Limited is a telecom and digital services company serving consumers and businesses in India and Africa, with a presence in Bangladesh and Sri Lanka through associate companies (companies in which it holds a stake without control).12 It sells mobile, home broadband and digital TV services, offers enterprises connectivity, cloud, data centre and cybersecurity services, and provides digital payments and financial services.13

In India it reports Mobile, Homes, Digital TV, Airtel Business and Passive Infrastructure segments; its Africa business, which includes mobile money, is reported as Mobile Services Africa.45 Airtel Business serves enterprises, governments, global carriers and small businesses, and its digital arm Xtelify offers Airtel Cloud, a sovereign cloud platform (one that keeps customers' data within the country).67 Passive Infrastructure is Indus Towers Limited, a subsidiary that rents shared tower space to wireless operators in all 22 of India's telecom circles; the company has controlled it since November 2024.89 In Africa it operates in 14 countries through Airtel Africa plc, which is listed in London and Nigeria.10

It was incorporated in 1995 and its registered office is in Gurugram, Haryana.11 Its promoter, Bharti Telecom Limited, controls the company, and its ultimate controlling entity, Bharti Enterprises (Holding) Private Limited, is effectively controlled by Sunil Bharti Mittal's family trust.1213 Singapore Telecommunications Limited has significant influence over the company, and Sunil Bharti Mittal is its Chairman.1314

Bharti Airtel key points

Results

  • In the quarter to Jun 2026, consolidated revenue was ₹585.4 billion, up 18.4% on a year earlier; EBITDA (operating profit before interest, tax, depreciation and amortisation) was ₹336.0 billion, up 19.3%, and net income before one-off items was ₹80.6 billion, against ₹59.5 billion.15
  • In the year to Mar 2026, consolidated revenue was ₹2,109,728 million, up 16.2%, and EBITDAaL, the same measure after lease costs, was ₹1,079,460 million, up 15.7% on a comparable basis.16
  • Consolidated net profit for the year to Mar 2026, after one-off items and non-controlling interests (the minority owners of subsidiaries), as the company presents it, was ₹266,952 million, against ₹337,440 million a year earlier.16
  • In the quarter to Jun 2026, capital spending was ₹133,860 million; net debt excluding leases (borrowings less cash) was ₹818,521 million at the end of June 2026, against ₹1,254,893 million a year earlier, or 0.69 times annualised EBITDA against 1.26 times.17

Market position

  • The company said that on passing 650 million customers it became the world's second-largest mobile operator; it had about 681 million customers in 15 countries at the end of June 2026.1819
  • In Indian mobile, its share of industry revenue reached 39.7% in the year to Mar 2026, its highest ever.20

Business segments

  • India revenue by segment (₹ million)212223
    Itemquarter to Jun 2026quarter to Jun 2025
    Mobile299,289273,966
    Passive infrastructure (towers)84,31180,576
    Airtel Business56,65450,571
    Homes22,87517,179
    Digital TV7,7347,628
    Segment figures include sales between segments.
  • It had 376.5 million mobile customers in India at the end of June 2026, 301.8 million on smartphones, and ARPU (average revenue per user) of ₹264 in the quarter.2425
  • Home broadband had 14.7 million customers in 1,653 cities at the end of June 2026, 33.9% more than a year earlier.26

Branches and reach

  • In India it had 347,491 network towers and 1,202,434 mobile broadband base stations at the end of June 2026; its long-distance network has 542,570 route kilometres of optic fibre.2728
  • It served more than 188 million 5G users by the end of March 2026 and has enabled 5G standalone (a 5G network with its own core) on 100% of its sites.29

Africa

  • Africa revenue was $1,836 million in the quarter to Jun 2026 in constant currency (at fixed exchange rates), up 21.1% on a year earlier; EBITDA was $921 million, against $740 million.30
  • It had 189.0 million customers in Africa at the end of June 2026, and 56.5 million used Airtel Money, its mobile money service in Africa.3132
  • In the quarter to Jun 2026 it completed a share swap with Indian Continent Investment Limited, a promoter group company, raising its stake in the Africa business to over 79%.3334
  • On its earnings call of 5 Aug 2026, the company said Airtel Money is preparing for a listing in London in the second half of 2026, subject to regulatory approvals.3536

Data centres

  • Nxtra Data, its data centre subsidiary, runs 14 hyperscale data centres (very large sites for cloud firms) and more than 120 edge data centres (small sites close to users); data centre revenue grew 17.2% in the year to Mar 2026.373839
  • The annual report states that Airtel, with Alpha Wave Global, Carlyle and Anchorage Capital, is to invest $1 billion in Nxtra, that Airtel keeps a controlling stake, and that the deal is subject to regulatory approvals in India.39
  • On its earnings call of 5 Aug 2026, the company said it aims to scale its data centre capacity to 1 gigawatt over the next few years, counting its existing contracts with Google.4041

Financial services

  • On its earnings call of 5 Aug 2026, the company said Airtel Finance, its financial services storefront, had recently gone live with lending and that loans disbursed through it were over ₹750 crore a month.42
  • The company stated in its annual report for the year to Mar 2026 that its lending subsidiary Airtel Money Limited is to be capitalised with ₹20,000 crore over the next few years, with support from Airtel and the promoter group.43
  • On its earnings call of 5 Aug 2026, the company said Airtel Payments Bank, an associate, ended the quarter with about 120 million monthly transacting users and deposits of a shade under ₹4,400 crore, growing 17% a year.4445

Recent events

  • In its exchange filing of 6 Aug 2026, the company said Nxtra Data has entered into agreements to acquire up to 85% each of Rochak Systems and Rovision Tech Hub, new companies that propose to develop land for data centres.4647
  • On 13 Feb 2026, Airtel Money Limited, its Indian lending arm, received the Reserve Bank of India's certificate to operate as a non-deposit taking NBFC (non-banking finance company).48

Last updated

All 48 sources, each with its page
  1. 1. Annual report, 11 Jul 2026, page 92
  2. 2. Annual report, 11 Jul 2026, page 92
  3. 3. Annual report, 11 Jul 2026, page 123
  4. 4. Investor presentation, 4 Aug 2026, page 16
  5. 5. Annual report, 11 Jul 2026, page 252
  6. 6. Annual report, 11 Jul 2026, page 10
  7. 7. Annual report, 11 Jul 2026, page 123
  8. 8. Annual report, 11 Jul 2026, page 10
  9. 9. Annual report, 11 Jul 2026, page 183
  10. 10. Investor presentation, 4 Aug 2026, page 8
  11. 11. Annual report, 11 Jul 2026, page 105
  12. 12. Annual report, 11 Jul 2026, page 125
  13. 13. Annual report, 11 Jul 2026, page 253
  14. 14. Annual report, 11 Jul 2026, page 13
  15. 15. Investor presentation, 4 Aug 2026, page 23
  16. 16. Annual report, 11 Jul 2026, page 92
  17. 17. Investor presentation, 4 Aug 2026, page 23
  18. 18. Investor presentation, 4 Aug 2026, page 21
  19. 19. Investor presentation, 4 Aug 2026, page 23
  20. 20. Annual report, 11 Jul 2026, page 82
  21. 21. Investor presentation, 4 Aug 2026, page 24
  22. 22. Investor presentation, 4 Aug 2026, page 24
  23. 23. Annual report, 11 Jul 2026, page 252
  24. 24. Investor presentation, 4 Aug 2026, page 23
  25. 25. Investor presentation, 4 Aug 2026, page 24
  26. 26. Investor presentation, 4 Aug 2026, page 24
  27. 27. Investor presentation, 4 Aug 2026, page 24
  28. 28. Investor presentation, 4 Aug 2026, page 8
  29. 29. Annual report, 11 Jul 2026, page 34
  30. 30. Investor presentation, 4 Aug 2026, page 25
  31. 31. Investor presentation, 4 Aug 2026, page 24
  32. 32. Investor presentation, 4 Aug 2026, page 25
  33. 33. Earnings call, 5 Aug 2026, page 3
  34. 34. Annual report, 11 Jul 2026, page 125
  35. 35. Earnings call, 5 Aug 2026, page 4
  36. 36. Investor presentation, 4 Aug 2026, page 22
  37. 37. Annual report, 11 Jul 2026, page 55
  38. 38. Annual report, 11 Jul 2026, page 92
  39. 39. Annual report, 11 Jul 2026, page 99
  40. 40. Earnings call, 5 Aug 2026, page 7
  41. 41. Earnings call, 5 Aug 2026, page 9
  42. 42. Earnings call, 5 Aug 2026, page 4
  43. 43. Annual report, 11 Jul 2026, page 38
  44. 44. Earnings call, 5 Aug 2026, page 4
  45. 45. Investor presentation, 4 Aug 2026, page 22
  46. 46. Exchange filing, 6 Aug 2026, page 1
  47. 47. Exchange filing, 6 Aug 2026, page 3
  48. 48. Annual report, 11 Jul 2026, page 92

Results

Consolidated; ₹ crore.Bharti Airtel quarterly results

Revenue growth, 12 months
+19.6%
Net profit growth, 12 months
−18.2%

Quarter to Jun 2026, against the quarter before

Revenue
₹58,539 Crup 5.70%
Net profit
₹10,012 Crup 8.26%
Net margin
17.1%

Revenue by quarter

₹41,473 CrSep 24₹45,129 CrDec 24₹47,876 CrMar 25₹49,463 CrJun 25₹52,145 CrSep 25₹53,982 CrDec 25₹55,383 CrMar 26₹58,539 CrJun 26
Peak revenue ₹58,539 Cr, quarter to Jun 2026; lowest ₹41,473 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

₹4,153 CrSep 24₹16,135 CrDec 24₹12,476 CrMar 25₹7,422 CrJun 25₹8,651 CrSep 25₹8,503 CrDec 25₹9,247 CrMar 26₹10,012 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue41,47345,12947,87649,46352,14553,98255,38358,539
Net profit4,15316,13512,4767,4228,6518,5039,24710,012
Net margin10.0%35.8%26.1%15.0%16.6%15.8%16.7%17.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Mobile Services India₹1,12,995 Crup 12.71%48.1%
  • Mobile Services Africa₹56,806 Crup 35.64%24.2%
  • Passive Infrastructure Services₹32,694 Crup 189.54%13.9%
  • Airtel Business₹21,177 Crdown 4.15%9.0%
  • Homes Services₹7,775 Crup 31.68%3.3%
  • Digital TV Services₹3,018 Crdown 1.40%1.3%
  • Others₹388 Cr0.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the years to Mar 2019 and Mar 2021: days before it are of the company before the change.Bharti Airtel PE ratio and valuation

Price to earnings

At or below today's level on 10% of 1,171 trading days over the last 5 years.

LowestHighest
Its median54.72Industry median8.56
Price to book

At or below today's level on 48% of 1,105 trading days over the last 5 years.

LowestHighest
Its median8.82Industry median2.29
Dividend yield

At or below today's level on 90% of 2,378 trading days over the last 10 years.

LowestHighest
Its median0.40%Industry median0.64%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+4.2%−24.3%+35.8%1.3%
3 years+34.5%+43.9%−7.2%1.0%
5 years+28.8%––0.8%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Bharti Airtel shareholding pattern

Shareholding by group

  • Promoters50.07%
  • Foreign institutions25.45%
  • Indian institutions21.74%
  • Individuals and others2.72%
  • Employee trusts0.03%
Holder
BHARTI TELECOM LIMITEDPromoter39.51%
PASTEL LIMITEDPromoter7.31%
LICI INDEX PLUS FLEXI SMART GROWTH FUNDInsurance companies4.46%
INDIAN CONTINENT INVESTMENT LIMITEDPromoter3.25%
NPS TRUST A/C - SBI PF NPS JEEVAN SWARNA RETIREMENProvident and pension funds1.93%
GOOGLE INTERNATIONAL LLCForeign portfolio investors, category II1.14%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −1.03 pts, Indian institutions +0.98 pts, mutual funds +0.44 pts.

The filing reports 20,27,29,127 of its 6,24,11,54,316 shares locked in.

Mutual fund holdings

686 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 214 of the 344 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 5 more funds filed their first portfolio on record, holding it.All 686 funds holding Bharti Airtel

Bought again
4
Added
209
Cut
135
Held unchanged
333
Sold out
8
Fund
SBI Mutual Fund logoSBI Nifty 50 ETFSBI Mutual Fund5,89,83,3415.10%₹10,363.4 Cr
SBI Mutual Fund logoSBI BSE Sensex ETFSBI Mutual Fund4,19,26,8756.38%₹7,371.4 Cr
PPFAS Mutual Fund logoParag Parikh Flexi Cap FundPPFAS Mutual Fund2,40,30,8082.91%₹4,222.2 Cr
UTI Mutual Fund logoUTI Nifty 50 ETFUTI Mutual Fund2,02,28,1295.10%₹3,554.1 Cr
UTI Mutual Fund logoUTI BSE Sensex ETFUTI Mutual Fund1,97,56,5206.38%₹3,473.5 Cr
Nippon India Mutual Fund logoNippon India ETF Nifty 50 BeESNippon India Mutual Fund1,89,35,3825.10%₹3,326.9 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large Cap FundICICI Prudential Mutual Fund1,82,86,4434.21%₹3,212.9 Cr
HDFC Mutual Fund logoHDFC Balanced Advantage FundHDFC Mutual Fund1,78,23,2833.05%₹3,131.6 Cr
HDFC Mutual Fund logoHDFC Flexi Cap FundHDFC Mutual Fund1,61,95,8852.62%₹2,845.6 Cr
SBI Mutual Fund logoSBI Focused FundSBI Mutual Fund1,40,00,0004.90%₹2,459.8 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 31 Oct 2025.Bharti Airtel insider trading

Bought on the market Sold on the market
  • Others1 purchase, 0 sales₹13 CrNo saleNet₹13 Cr59 pledge filings of unclear kind
  • Promoters and promoter group: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Bharti Airtel competitors and peers

Telecom - Services, 25 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Bharti Airtel in market cap. 2 companies in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.Telecommunication sector stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Jio PlatformsJPL13,18,089–3.74––––0.00%
Vodafone Idea logoVodafone IdeaIDEA1,28,1703.43–+3.3%––−2.4%0.00%
Tata Communications logoTata CommunicationsTATACOMM47,76343.2714.04+9.1%−33.1%35.3%14.2%1.04%
HFCL logoHFCLHFCL35,40140.806.27+101.0%+3,016.5%17.7%18.3%0.09%
Railtel Corporation of India logoRailtel Corporation of IndiaRAILTEL7,13821.093.03+22.6%+5.6%15.1%20.0%1.46%
Tata Teleservices (Maharashtra) logoTata Teleservices (Maharashtra)TTML6,70922.43–−0.9%––74.8%0.00%
Bondada Engineering logoBondada EngineeringBONDADA3,060––––––0.10%
Pace Digitek logoPace DigitekPACEDIGITK3,0149.801.37––13.9%13.9%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Bharti Airtel dividend history

Dividend per share, ₹, restated for later splits and bonuses

1Mar 175.3Mar 182.5Mar 192Mar 20Mar 213Mar 224Mar 238Mar 2416Mar 2524Mar 26
Highest ₹24.00 a share, year to Mar 2026.
Ex-dateTypePer share
24 Jul 2026Final₹24.00
18 Jul 2025Final₹16.00
7 Aug 2024Final₹8.00
11 Aug 2023Final₹4.00
1 Aug 2022Final₹3.00
6 Aug 2020Final₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Bharti Airtel announcements

Bharti Airtel share price by year

Each calendar year to 2025.Bharti Airtel share price history

YearClose at year endChangeHighest closeLowest close
20252,105.60+32.6%2,162.701,570.20
20241,587.75+53.8%1,771.101,013.05
20231,032.20+28.0%1,036.70740.10
2022806.10+17.9%851.20640.90
2021683.80+34.2%765.15507.75
2020509.70+11.8%598.80397.70
2019455.80+45.9%461.40300.80
2018312.50−41.0%540.00285.35
2017529.65+73.3%543.20304.45
2016305.65−10.2%378.90289.90
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 20261,972.001,977.401,943.201,972.101,965.2468,59,21963.1%
28 Oct 20261,970.101,970.801,926.601,948.101,949.221,45,02,41575.8%
27 Oct 20261,916.401,978.801,910.601,978.801,959.491,30,54,16372.2%
26 Oct 20261,886.001,917.501,874.501,917.501,901.2429,93,91359.7%
23 Oct 20261,908.001,916.901,860.701,892.101,891.0498,70,90363.1%
22 Oct 20261,901.001,920.301,874.101,895.001,903.191,26,47,52060.2%
21 Oct 20261,887.201,911.001,865.101,891.701,883.7289,74,37270.9%
19 Oct 20261,913.801,929.601,863.901,875.201,884.9985,86,33947.5%
16 Oct 20261,866.001,909.701,857.701,905.001,893.822,54,84,10780.6%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
27 Sep 2021Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
23 Apr 2019Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
24 Jul 2009Split0.5000Each share became 2.
18 May 2009Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson
Sunil Bharti Mittal
At the end of the quarter to Sep 2026
Managing director and CEO
Shashwat Sharma
At the end of the quarter to Sep 2026
NSE symbol
BHARTIARTL
BSE code
532454
ISIN
INE397D01024
Industry
Telecom - Services
Former symbols
BHARTI
CIN
L74899HR1995PLC095967
Corporate identity number, the registrar of companies' code for it
Incorporated
1995
Registered office
Airtel Center, Plot No. 16, Udyog Vihar, Phase-IV, Gurugram 122015, Haryana
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments

Earlier listing: Bharti Airtel partly paid (BSE 890157), delisted on 19 Mar 2026.