Bharti Hexacom share price
NSE: BHARTIHEXABSE: 544162Telecom - ServicesMid Cap
Bharti Hexacom Limited · Face value ₹5 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Apr 2024 · Issue price ₹570
Last close ₹1,665.40down ₹0.50 (0.03%)BSE ₹1,661.95
Share price at the NSE close on 28 Oct 2026. Previous close ₹1,665.90.
28 Oct: open ₹1,669.00, high ₹1,695.50, low ₹1,636.20
52-week range of traded prices to 28 Oct 2026
₹1,359.20Low, 6 Oct 2026₹1,955.60High, 29 Oct 2025
- Next results date: the board meets on 5 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹83,270 Cr136th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 45.65
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 11.62
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.08%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 27.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 28.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.38
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,58,58246.8% delivered
About Bharti Hexacom
Bharti Hexacom Limited sells mobile, fixed-line telephone, broadband and IPTV (television delivered over the internet) services under the Airtel brand to customers in the Rajasthan and North-East telecom circles, the licence areas into which India's mobile market is divided.1 The North-East circle covers Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.1
It reports its results in Mobile Services, which carries voice and data over 2G, 4G and 5G wireless networks, and Homes, Office and Other Services, which provides fixed-line, broadband and IPTV services to homes and offices.2 Home broadband is delivered over fibre and through Fixed Wireless Access (broadband sent by radio from the mobile network to a receiver in the home), and the company also sells bundles of mobile, Wi-Fi and digital TV.3 It is expanding home broadband through partnerships with local cable operators.4
The company was incorporated in 1995, and Airtel acquired a majority stake in it in 2004.5 Its shares have been listed on BSE and NSE since 12 Apr 2024.6 Bharti Airtel Limited is its holding company; on 31 Mar 2026 its promoter group held 70.00% of its shares and Telecommunications Consultants India Limited held 15.00%.789 Its ultimate controlling entity is Bharti Enterprises (Holding) Private Limited, which Sunil Bharti Mittal's family trust controls.10
Bharti Hexacom key points
Results
- In the quarter to Jun 2026, revenue was ₹2,510 crore, up 10.9% from a year earlier; EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹1,375 crore against ₹1,217 crore, and net income before one-off items ₹482 crore against ₹392 crore.11
- In the year to Mar 2026, revenue was ₹93,538 million, up 9.4% from ₹85,479 million; EBITDA was ₹50,694 million against ₹43,721 million, and net profit after one-off items and tax ₹17,332 million against ₹14,936 million.12
- For the year to Mar 2026 the Board recommended a dividend of ₹18 per share, 80% more than a year earlier.13
Market position
Business segments
- Mobile Services. Gross revenue rose 8.3% to ₹90,108 million in the year to Mar 2026, from ₹83,217 million a year earlier.16
- Homes, Office and Other Services. Revenue rose 51.1% to ₹3,808 million in the year to Mar 2026, from ₹2,521 million. The customer base reached 0.9 million in the quarter to Jun 2026, up 82.9% from a year earlier.1718
Branches and reach
- The company had 29.90 million customers on 30 Jun 2026, up 4.4% from 28.65 million a year earlier, and 23.1 million smartphone customers.19
- Mobile average revenue per user (ARPU) was ₹259 in the quarter to Jun 2026; on its earnings call of 5 Aug 2026, the company said this included the benefit of 1 extra day.20
- It had 26,889 network towers and 96,012 mobile broadband base stations (the radio units that carry mobile data) at the end of Jun 2026, against 26,490 and 91,442 a year earlier.21
- Its mobile network reaches 488 census towns and 68,623 non-census towns and villages, covering 96.6% of the population; it sells through 65 retail outlets and 23 small format stores, and its homes service operates in 121 cities.2223
Customers and partners
- The company says it has reduced its dependence on any single network partner for critical network services and works with several, including Ericsson, Nokia, Google and Ceragon.24
- It has completed the first phase of a partnership with the Indian Army's 4 Corps, headquartered at Tezpur, to strengthen mobile connectivity at 30 Army stations in the mountains of Arunachal Pradesh.25
- An intra-circle roaming arrangement with Vi and BSNL lets its customers use a partner's network when its own is hit by a disaster or another large-scale emergency.26
Expansion and capital spending
- In the year to Mar 2026 the company invested ₹15,210 million in its network, adding 245 network towers and 3,657 mobile broadband base stations, and rolled out Fixed Wireless Access in 267 cities.27
- Capital expenditure (spending on the network and other long-term assets) was ₹3,822 million in the quarter to Jun 2026.28
- On its earnings call of 5 Aug 2026, the company said its capital spending is directed towards 5G densification (adding sites and capacity), network modernisation and growing its homes and IPTV business.29
- It has enabled standalone 5G (5G with its own core network) alongside non-standalone 5G on 100% of its sites, and has moved its Fixed Wireless Access service onto the standalone network.3031
Debt and cash flow
- Net debt (borrowings less cash and investments) excluding lease obligations was ₹9,604 million on 30 Jun 2026, against ₹28,064 million a year earlier.32
- Operating free cash flow (EBITDAaL, the company's EBITDA after lease costs, minus capital expenditure) was ₹29,353 million in the year to Mar 2026, an all-time high, the company says.13
- Crisil Ratings rated its short-term facilities A1+ during the year to Mar 2026.33
Litigation and regulatory matters
- In a judgment of 8 Jun 2026, the Bombay High Court set aside a Department of Telecommunications demand for one-time spectrum charge (a one-off levy on spectrum holdings), challenged through Bharti Airtel, that included ₹473.7 crore for the company's 2 circles.34
- The telecom department's North East office imposed penalties of ₹2,52,000 in Jul 2026 and ₹2,64,000 in Mar 2026 for alleged breaches of subscriber verification rules.3536
- Earlier penalties on the same grounds were ₹2,20,000 in Feb 2026 and ₹2,92,000 in Dec 2025; in its filing of 22 Dec 2025, the company said that penalty was at a higher rate, then before TDSAT, the telecom disputes tribunal.3738
Last updated
All 38 sources, each with its page
- 1. Investor presentation, 4 Aug 2026, page 6
- 2. Annual report, 18 Jul 2026, page 111
- 3. Annual report, 18 Jul 2026, page 5
- 4. Annual report, 18 Jul 2026, page 22
- 5. Investor presentation, 4 Aug 2026, page 6
- 6. Annual report, 18 Jul 2026, page 84
- 7. Annual report, 18 Jul 2026, page 85
- 8. Annual report, 18 Jul 2026, page 85
- 9. Annual report, 18 Jul 2026, page 38
- 10. Annual report, 18 Jul 2026, page 112
- 11. Investor presentation, 4 Aug 2026, page 30
- 12. Annual report, 18 Jul 2026, page 29
- 13. Annual report, 18 Jul 2026, page 9
- 14. Annual report, 18 Jul 2026, page 9
- 15. Annual report, 18 Jul 2026, page 6
- 16. Annual report, 18 Jul 2026, page 30
- 17. Annual report, 18 Jul 2026, page 30
- 18. Investor presentation, 4 Aug 2026, page 10
- 19. Investor presentation, 4 Aug 2026, page 10
- 20. Earnings call, 5 Aug 2026, page 14
- 21. Investor presentation, 4 Aug 2026, page 10
- 22. Investor presentation, 4 Aug 2026, page 6
- 23. Investor presentation, 4 Aug 2026, page 10
- 24. Investor presentation, 4 Aug 2026, page 6
- 25. Investor presentation, 4 Aug 2026, page 10
- 26. Annual report, 18 Jul 2026, page 63
- 27. Annual report, 18 Jul 2026, page 22
- 28. Investor presentation, 4 Aug 2026, page 11
- 29. Earnings call, 5 Aug 2026, page 14
- 30. Annual report, 18 Jul 2026, page 36
- 31. Annual report, 18 Jul 2026, page 63
- 32. Investor presentation, 4 Aug 2026, page 11
- 33. Annual report, 18 Jul 2026, page 59
- 34. Exchange filing, 9 Jun 2026, page 2
- 35. Exchange filing, 30 Jul 2026, page 2
- 36. Exchange filing, 28 Mar 2026, page 2
- 37. Exchange filing, 18 Feb 2026, page 2
- 38. Exchange filing, 22 Dec 2025, page 2
Results
Standalone; ₹ crore.Bharti Hexacom quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +7.9%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +32.8%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,510 Crup 3.99%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹482 Crup 7.99%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 19.2%
Revenue by quarter
Peak revenue ₹2,510 Cr, quarter to Jun 2026; lowest ₹2,098 Cr, quarter to Sep 2024
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,098 | 2,251 | 2,289 | 2,263 | 2,317 | 2,360 | 2,414 | 2,510 |
| Net profit | 253 | 261 | 468 | 392 | 421 | 474 | 447 | 482 |
| Net margin | 12.1% | 11.6% | 20.5% | 17.3% | 18.2% | 20.1% | 18.5% | 19.2% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹9,354 Crup 9.43%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹1,733 Crup 16.04%
- Net margin
- 18.5%
Revenue by year
Peak revenue ₹9,354 Cr, year to Mar 2026; lowest ₹7,089 Cr, year to Mar 2024
Net profit by year, a loss in red
| ₹ crore | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Revenue | 7,089 | 8,548 | 9,354 |
| Net profit | 504 | 1,494 | 1,733 |
| Net margin | 7.1% | 17.5% | 18.5% |
Standalone. Years to March. The latest is shaded.
Business segments
Share of revenue, year to Mar 2026, standalone.Segment revenue and profit
- - Mobile Services- Mobile Services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹9,011 Crup 8.28%95.9%
- - Homes, Office and Other Services- Homes, Office and Other Services, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹381 Crup 51.05%4.1%
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.Bharti Hexacom PE ratio and valuation
Price to earnings
At or below today's level on 56% of 247 trading days over the last year.
LowestHighest
Its median44.93Industry median8.80
Price to book
At or below today's level on 23% of 609 trading days since May 2024.
LowestHighest
Its median13.28Industry median1.74
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 91% of 627 trading days since Apr 2024.
LowestHighest
Its median0.34%Industry median0.63%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +4.3% | +16.0% | −11.2% | 1.2% |
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 over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.
Mutual fund holdings
145 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 68 of the 86 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. 3 more funds filed their first portfolio on record, holding it.All 145 funds holding Bharti Hexacom
- AddedAdded. Funds that held more shares than at the end of the month before.
- 41
- CutCut. Funds that held fewer shares than at the end of the month before.
- 45
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 56
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 1
| Fund | |||
|---|---|---|---|
 Kotak Mid Cap FundKotak Mahindra Mutual Fund | 93,44,710 | 2.00% | ₹1,331.2 Cr |
 Motilal Oswal Midcap FundMotilal Oswal Mutual Fund | 62,95,000 | 2.23% | ₹896.7 Cr |
 Axis Midcap FundAxis Mutual Fund | 21,31,765 | 0.91% | ₹303.7 Cr |
 ICICI Prudential Technology FundICICI Prudential Mutual Fund | 19,55,642 | 2.23% | ₹278.6 Cr |
 PGIM India Midcap FundPGIM India Mutual Fund | 17,04,465 | 2.30% | ₹242.8 Cr |
 WhiteOak Capital Mid Cap FundWhiteOak Capital Mutual Fund | 14,70,560 | 2.78% | ₹209.5 Cr |
| ICICI Prudential Innovation FundICICI Prudential Mutual Fund | 14,43,535 | 2.72% | ₹205.6 Cr |
| Kotak-Small Cap FundKotak Mahindra Mutual Fund | 13,92,465 | 1.04% | ₹198.4 Cr |
 HDFC Mid Cap FundHDFC Mutual Fund | 13,65,450 | 0.19% | ₹194.5 Cr |
 UTI Mid Cap FundUTI Mutual Fund | 12,10,000 | 1.45% | ₹172.4 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Bharti Hexacom competitors and peers
Telecom - Services, 26 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Bharti Hexacom 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
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| Jio PlatformsJPL | 13,05,380 | – | – | – | – | – | – | 0.00% |
 Vodafone IdeaIDEA | 1,28,495 | 3.44 | – | +3.3% | – | – | −2.4% | 0.00% |
 Tata CommunicationsTATACOMM | 47,923 | 43.42 | 14.09 | +9.1% | −33.1% | 35.3% | 14.2% | 1.04% |
 HFCLHFCL | 37,165 | 42.83 | 6.58 | +101.0% | +3,016.5% | 17.7% | 18.3% | 0.08% |
 Tata Teleservices (Maharashtra)TTML | 7,669 | 25.64 | – | −0.9% | – | – | 74.8% | 0.00% |
 Railtel Corporation of IndiaRAILTEL | 7,359 | 21.74 | 3.12 | +22.6% | +5.6% | 15.1% | 20.0% | 1.42% |
 Bondada EngineeringBONDADA | 3,116 | – | – | – | – | – | – | 0.10% |
 Pace DigitekPACEDIGITK | 3,069 | 9.98 | 1.39 | – | – | 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 Hexacom dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossaryHighest ₹18.00 a share, year to Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 31 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹18.00 |
| 25 Jul 2025 | Final | ₹10.00 |
| 16 Aug 2024 | Final | ₹4.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Bharti Hexacom announcements
Oct 2026
28 Oct · Analysts
Sep 2026
17 Sep · Analysts
10 Sep · Analysts
4 Sep · Analysts
Aug 2026
21 Aug · Analysts
Bharti Hexacom share price by year
Each calendar year to 2025.Bharti Hexacom share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 1,821.70 | +25.0% | 1,984.60 | 1,246.60 |
| 2024 | 1,456.90 | – | 1,545.85 | 806.10 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 12 Apr 2024.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 1,645.10 | 1,672.20 | 1,636.00 | 1,665.90 | 1,651.55 | 1,44,533 | 53.3% |
| 26 Oct 2026 | 1,637.90 | 1,642.70 | 1,612.00 | 1,629.50 | 1,625.40 | 65,156 | 52.3% |
| 23 Oct 2026 | 1,622.30 | 1,646.90 | 1,592.70 | 1,637.90 | 1,625.21 | 1,16,777 | 55.1% |
| 22 Oct 2026 | 1,624.50 | 1,649.80 | 1,578.10 | 1,630.50 | 1,620.36 | 1,13,673 | 50.3% |
| 21 Oct 2026 | 1,640.80 | 1,678.70 | 1,612.50 | 1,629.30 | 1,646.37 | 3,01,975 | 54.3% |
| 19 Oct 2026 | 1,610.00 | 1,649.00 | 1,579.20 | 1,632.60 | 1,619.53 | 1,64,332 | 57.9% |
| 16 Oct 2026 | 1,645.70 | 1,664.80 | 1,615.00 | 1,621.90 | 1,631.44 | 1,01,279 | 45.2% |
| 15 Oct 2026 | 1,571.00 | 1,665.00 | 1,571.00 | 1,650.50 | 1,632.88 | 4,79,856 | 27.8% |
| 14 Oct 2026 | 1,540.00 | 1,579.00 | 1,525.20 | 1,570.30 | 1,567.76 | 1,14,430 | 63.1% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- BHARTIHEXA
- BSE code
- 544162
- ISIN
- INE343G01021
- Industry
- Telecom - Services
- Former symbols
- LIST000857
- Website
- www.bhartihexacom.in
- CIN
- L74899HR1995PLC132187
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1995
- Registered office
- Airtel Center, Plot No. 16, Udyog Vihar, Phase-IV, Palam Road, Gurugram 122015, Haryana
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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