About
Bharti Hexacom Limited provides mobile services, fixed-line telephone, and broadband services to end consumers under the Airtel brand in India. It operates through Mobile Services and Home and Office Services segments. The Mobile Services segment provides voice and data telecom services through wireless technology comprising 2G, 4G, and 5G networks; and offers intra-city fiber networks. The Home and Office Services segment offers voice and data communications through fixed-line network and broadband technology for homes and offices. It also offers subscriptions for voice, data, messaging, and interconnection/roaming services, as well as other added value services. In addition, the company provides Airtel Black, a solution for households that combines mobility, Wi-Fi, digital TV, and OTT. 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.
Key Metrics
as of Sep 2026Market Cap74,770 Cr
P/E40.50
Div Yield1.20 %
Book Value₹143.00
52w High₹1,956.00
52w Low₹1,430.00
Face Value₹5.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,510.00 | 2,414.00 | 2,360.00 | 2,317.00 | 2,263.00 | 2,289.00 | 2,251.00 | 2,098.00 | 1,911.00 | 1,868.00 | 1,801.00 | 1,738.00 | 1,682.00 |
| Expenses | 1,188.00 | 1,146.00 | 1,105.00 | 1,109.00 | 1,102.00 | 1,121.00 | 1,099.00 | 1,096.00 | 1,035.00 | 990.00 | 973.00 | 913.00 | 852.00 |
| Operating Profit | 1,322.00 | 1,267.00 | 1,254.00 | 1,208.00 | 1,161.00 | 1,168.00 | 1,152.00 | 1,002.00 | 876.00 | 878.00 | 828.00 | 826.00 | 830.00 |
| OPM % | 53.00 | 52.00 | 53.00 | 52.00 | 51.00 | 51.00 | 51.00 | 48.00 | 46.00 | 47.00 | 46.00 | 48.00 | 49.00 |
| Other Income | 72.00 | 53.00 | 28.00 | 61.00 | 48.00 | 48.00 | -61.00 | 49.00 | 358.00 | 49.00 | 62.00 | -246.00 | 80.00 |
| Depreciation | 592.00 | 565.00 | 567.00 | 554.00 | 527.00 | 531.00 | 532.00 | 536.00 | 496.00 | 460.00 | 433.00 | 432.00 | 414.00 |
| Interest | 149.00 | 149.00 | 147.00 | 151.00 | 154.00 | 171.00 | 180.00 | 175.00 | 162.00 | 166.00 | 169.00 | 156.00 | 154.00 |
| Profit before tax | 653.00 | 606.00 | 569.00 | 564.00 | 527.00 | 513.00 | 379.00 | 340.00 | 577.00 | 301.00 | 288.00 | -8.00 | 342.00 |
| Tax % | 26.00 | 26.00 | 17.00 | 25.00 | 26.00 | 9.00 | 31.00 | 25.00 | 11.00 | 26.00 | 26.00 | 2,322.00 | 26.00 |
| Net Profit | 482.00 | 447.00 | 474.00 | 421.00 | 392.00 | 468.00 | 261.00 | 253.00 | 511.00 | 223.00 | 213.00 | -184.00 | 253.00 |
| EPS in Rs | 9.65 | 8.93 | 9.47 | 8.42 | 7.83 | 9.37 | 5.22 | 5.06 | 10.22 | 4.45 | 4.25 | -7.36 | 10.13 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Sales | 9,354.00 | 8,548.00 | 7,089.00 | 6,579.00 | 5,405.00 | 4,602.00 | 3,874.00 | 3,614.00 |
| Expenses | 4,463.00 | 4,351.00 | 3,728.00 | 3,793.00 | 3,591.00 | 3,550.00 | 3,376.00 | 3,702.00 |
| Operating Profit | 4,890.00 | 4,197.00 | 3,361.00 | 2,786.00 | 1,814.00 | 1,052.00 | 499.00 | -89.00 |
| OPM % | 52.00 | 49.00 | 47.00 | 42.00 | 34.00 | 23.00 | 13.00 | -2.50 |
| Other Income | 190.00 | 394.00 | -54.00 | 140.00 | 2,040.00 | -240.00 | -2,158.00 | 222.00 |
| Interest | 601.00 | 688.00 | 644.00 | 639.00 | 572.00 | 517.00 | 526.00 | 248.00 |
| Depreciation | 2,213.00 | 2,094.00 | 1,739.00 | 1,553.00 | 1,441.00 | 1,285.00 | 1,250.00 | 1,009.00 |
| Profit before tax | 2,266.00 | 1,809.00 | 923.00 | 734.00 | 1,841.00 | -989.00 | -3,435.00 | -1,123.00 |
| Tax % | 24.00 | 17.00 | 45.00 | 25.00 | 9.00 | 5.00 | -21.00 | -36.00 |
| Net Profit | 1,733.00 | 1,494.00 | 504.00 | 549.00 | 1,675.00 | -1,034.00 | -2,716.00 | -722.00 |
| EPS in Rs | 34.66 | 29.87 | 10.09 | 21.97 | 66.98 | -41.36 | -108.66 | -28.88 |
| Dividend Payout % | 81.00 | 33.00 | 40.00 | 14.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 250.00 | 250.00 | 250.00 | 250.00 | 250.00 | 250.00 | 250.00 | 250.00 |
| Reserves | 6,915.00 | 5,682.00 | 4,389.00 | 3,960.00 | 3,410.00 | 1,736.00 | 2,770.00 | 5,518.00 |
| Borrowings | 6,137.00 | 7,353.00 | 8,105.00 | 9,204.00 | 9,068.00 | 7,774.00 | 5,191.00 | 2,941.00 |
| Other Liabilities | 5,748.00 | 5,966.00 | 5,774.00 | 4,840.00 | 3,945.00 | 5,244.00 | 7,224.00 | 2,632.00 |
| Total Liabilities | 19,051.00 | 19,251.00 | 18,517.00 | 18,253.00 | 16,674.00 | 15,004.00 | 15,435.00 | 11,341.00 |
| Fixed Assets | 14,038.00 | 14,733.00 | 13,615.00 | 11,174.00 | 10,234.00 | 10,304.00 | 9,874.00 | 9,226.00 |
| CWIP | 476.00 | 297.00 | 444.00 | 1,936.00 | 64.00 | 71.00 | 110.00 | 162.00 |
| Investments | 631.00 | 74.00 | 238.00 | 1,046.00 | 49.00 | 0.00 | 625.00 | 0.00 |
| Other Assets | 3,905.00 | 4,147.00 | 4,220.00 | 4,097.00 | 6,328.00 | 4,629.00 | 4,825.00 | 1,952.00 |
| Total Assets | 19,051.00 | 19,251.00 | 18,517.00 | 18,253.00 | 16,674.00 | 15,004.00 | 15,435.00 | 11,341.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 4,464.00 | 4,583.00 | 3,546.00 | 5,108.00 | 1,258.00 | 1,517.00 | -316.00 | 493.00 |
| Cash from Investing Activity | -2,010.00 | -2,341.00 | -1,155.00 | -2,031.00 | -1,382.00 | -882.00 | -1,076.00 | -1,166.00 |
| Cash from Financing Activity | -2,438.00 | -2,265.00 | -2,404.00 | -3,111.00 | 183.00 | -604.00 | 1,864.00 | 560.00 |
| Net Cash Flow | 16.00 | -23.00 | -13.00 | -34.00 | 59.00 | 30.00 | 473.00 | -114.00 |
| Free Cash Flow | 3,026.00 | 3,104.00 | 1,498.00 | 4,169.00 | -76.00 | 64.00 | -777.00 | -675.00 |
| CFO/OP % | 106.00 | 125.00 | 106.00 | 184.00 | 70.00 | 147.00 | -59.00 | -653.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4.00 | 5.00 | 23.00 | 8.00 | 142.00 | 11.00 | 22.00 | 10.00 |
| Cash Conversion Cycle | 4.00 | 5.00 | 23.00 | 8.00 | 142.00 | 11.00 | 22.00 | 10.00 |
| Working Capital Days | -171.00 | -215.00 | -281.00 | -243.00 | -157.00 | -438.00 | -317.00 | -135.00 |
| ROCE % | 21.00 | 17.00 | 14.00 | 10.00 | 4.00 | -1.00 | -9.00 | — |
Corporate Actions
3 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 31 Jul 2026 | 31 Jul 2026 | — | 18.00 | |
| Dividend | 25 Jul 2025 | 25 Jul 2025 | — | 10.00 | |
| Dividend | 16 Aug 2024 | 16 Aug 2024 | — | 4.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update23 Jul from fitch
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Rating update17 Jul from crisil
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Rating update24 Jul 2025 from fitch
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Rating update17 Jul 2025 from crisil
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Rating update25 Jul 2024 from fitch
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Rating update22 Jul 2024 from crisil