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Bharti Airtel Limited (BHARTIARTL) AI Stock Analysis

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IN:BHARTIARTL

Bharti Airtel Limited

(NSE:BHARTIARTL)

Select Model
Rating:67Neutral
Price Target:INR 1,889.00▼(-4.11% Downside)
Action:reiterated
Date:08/09/26

The score is driven primarily by solid financial performance (strong margins and much higher operating cash flow) but tempered by leverage and only moderate cash coverage. Technicals are supportive with price above key moving averages and positive momentum. Valuation is the main drag due to a high P/E and only modest dividend yield.

Positive Factors
Large and expanding revenue baseThe substantial expansion in revenue demonstrates a growing connectivity and digital-services platform with broad customer reach. A larger recurring revenue base can support network investment, strengthen market position, and provide operating scale that remains relevant across the next several quarters.
Negative Factors
Meaningful leverage remainsAlthough leverage has improved from earlier years, Airtel still carries a sizable debt burden relative to equity. This increases sensitivity to refinancing costs and earnings fluctuations, potentially limiting financial flexibility when the company must invest heavily or absorb weaker operating conditions.

Bharti Airtel Limited (BHARTIARTL) vs. iShares MSCI India ETF (INDA)

-20%-15%-10%-5%0%5%IN:BHARTIARTL-5.59%INDA-12.02%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
INR 12.31T
Dividend Yield
1.22%
Average Volume (3M)
645.78K
Price to Earnings (P/E)
41.2
Beta (1Y)
0.89
Revenue Growth
19.63%
EPS Growth
-18.80%
Country
India
Employees
28,730
Sector
General
Sector Strength
55
Industry
Telecommunications Services

Bharti Airtel Limited Business Overview & Revenue Model

Company Description

Bharti Airtel Limited operates as a telecommunications company in India and internationally. It operates through the Mobile Services India, Mobile Services Africa, Mobile Services South Asia, Airtel Business, Passive Tower Infrastructure Services, Ho...

How the Company Makes Money

Bharti Airtel primarily makes money by selling connectivity and communication services to consumers, homes, and businesses. The largest revenue stream is typically mobile services, where it earns recurring revenue from customer tariffs for voice call...

Bharti Airtel Limited Financial Statement Overview

Summary

Strong operating performance and scale: revenue expanded materially (FY2022 1.17T to FY2026 2.11T; TTM 2.20T) with robust operating margin (~31%) and gross margin (~49%). Offsets are meaningful leverage (TTM debt ~2.01T; debt-to-equity ~1.31) and net margin volatility (TTM ~12.7% vs FY2025 peak ~19%), plus only moderate cash coverage for a capital-intensive business (FCF/NI ~0.59x; OCF coverage ~0.64).

Income Statement

78Positive

Balance Sheet

62Positive

Cash Flow

70Positive
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue2.20T2.11T1.73T1.50T1.39T1.17T
Gross Profit1.11T900.16B631.68B503.54B452.71B323.83B
EBITDA1.25T1.19T1.01T684.65B690.91B589.51B
Net Income289.15B266.95B335.56B74.67B83.46B42.55B
Balance Sheet
Total Assets5.72T5.52T5.16T4.48T4.47T3.64T
Cash, Cash Equivalents and Short-Term Investments584.09B440.77B183.73B172.79B181.23B143.56B
Total Debt2.01T1.95T2.14T2.16T2.26T1.70T
Total Liabilities3.71T3.56T3.63T3.42T3.40T2.72T
Stockholders Equity1.62T1.49T1.14T820.19B775.63B665.54B
Cash Flow
Free Cash Flow656.99B627.57B434.10B273.55B343.29B157.22B
Operating Cash Flow1.14T1.08T813.17B655.46B603.85B422.63B
Investing Cash Flow-784.97B-610.30B-730.84B-506.95B-408.94B-395.36B
Financing Cash Flow-282.83B-354.99B-67.05B-139.35B-177.16B-47.83B

Bharti Airtel Limited Technical Analysis

Technical Analysis SentimentPositive
Last Price1970.00

Price Trends

50DMA1855.70Positive
100DMA1874.32Positive
200DMA1873.72Positive

Market Momentum

MACD35.90Negative
RSI64.64Neutral
STOCH89.76Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BHARTIARTL, the sentiment is Positive. The current price of 1970.00 is above the 20-day moving average (MA) of 1862.64, above the 50-day MA of 1855.70, and above the 200-day MA of 1873.72, indicating a bullish trend. The MACD of 35.90 indicates Negative momentum. The RSI at 64.64 is Neutral, neither overbought nor oversold. The STOCH value of 89.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:BHARTIARTL.

Bharti Airtel Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

IN:BHARTIARTL against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
IN:BHARTIHEXAIN:BHARTIHEXA67NeutralINR 818.45B44.86―1.10%7.87%32.75%
IN:BHARTIARTLIN:BHARTIARTL67NeutralINR 12.29T41.17―1.22%19.63%-18.80%
IN:TATACOMMIN:TATACOMM60NeutralINR 477.80B43.19―1.05%9.08%-20.04%
IN:IDEAIN:IDEA58NeutralINR 1.28T4.12――3.30%―
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
IN:MTNLIN:MTNL43NeutralINR 14.07B-0.47――68.07%14.04%
IN:TTMLIN:TTML39UnderperformINR 67.17B22.43――-0.85%―

* General Sector Average

Performance Comparison

-50%-25%0%25%50%IN:BHARTIARTLIN:BHARTIHEXAIN:IDEAIN:MTNLIN:TATACOMMIN:TTMLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
IN:BHARTIARTL and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
IN:BHARTIARTLBharti Airtel Limited1970.00-77.98-3.81%
IN:BHARTIHEXABharti Hexacom Limited1636.90-210.58-11.40%
IN:IDEAVodafone Idea Ltd11.822.2823.90%
IN:MTNLMahanagar Telephone Nigam Limited22.34-20.19-47.47%
IN:TATACOMMTata Communications Limited1676.00-208.31-11.05%
IN:TTMLTata Teleservices (Maharashtra) Limited34.36-21.62-38.62%

Bharti Airtel Limited Corporate Events

Airtel Business Unveils IQ Gateway to Secure and Unify Enterprise Messaging

Oct 5, 2026

Airtel Business has launched Airtel IQ Gateway, billed as India’s first telco-grade network intelligence platform that unifies SMS, WhatsApp, RCS, business voice and number verification on a single, DPDP-compliant control plane. The platform ai...

Bharti Airtel contests DoT penalty over subscriber verification norms

Oct 1, 2026

Bharti Airtel has disclosed that it received a notice from the Department of Telecommunications’ Assam Licensed Service Area imposing a penalty of Rs. 7,36,000 for alleged violations of subscriber verification norms identified during a customer...

Bharti Airtel to Pay DoT Penalty Over Subscriber Verification Lapses

Sep 10, 2026

Bharti Airtel Limited has disclosed that it received a notice from the Department of Telecommunications’ Andhra Pradesh licensing service area imposing a penalty of Rs. 6,75,000. The penalty stems from alleged violations of subscriber verificat...

Bharti Airtel Converts Partly Paid Shares to Fully Paid Equity

Aug 18, 2026

Bharti Airtel Limited, a major Indian telecommunications provider offering mobile, broadband and enterprise services, operates under Bharti Enterprises with headquarters in Gurugram and New Delhi and is listed on NSE and BSE. Its equity shares trade...

Bharti Airtel Publishes Audited Q1 FY2026 Results

Aug 5, 2026

Bharti Airtel has announced that its Board of Directors approved the audited consolidated and standalone financial results for the first quarter ended June 30, 2026, at a meeting held on August 4, 2026. In line with SEBI listing regulations, the comp...

Bharti Airtel Confirms Nil Deviation in Use of Equity Call Proceeds

Aug 4, 2026

Bharti Airtel Limited is a leading Indian telecommunications company offering mobile, broadband, and enterprise connectivity services across India and multiple international markets. As part of the Bharti Enterprise group, the company operates in a h...

Bharti Airtel Confirms Proper Use of Equity Call Proceeds

Aug 4, 2026

Bharti Airtel Limited is a leading Indian telecommunications company providing mobile, broadband, and digital services across India and other markets. The company operates extensive wireless and fixed-line networks and is listed on major Indian excha...

Bharti Airtel Grants Over 927,000 Employee Stock Options Under ESOP Plans

Aug 4, 2026

Bharti Airtel has approved the grant of 927,107 stock options to 138 employees under several long-term and performance-based incentive plans linked to its ESOP Scheme 2005. Each option entitles the holder to one equity share with a face value of INR...

Bharti Airtel files audited Q1 FY27 results with Indian exchanges

Aug 4, 2026

Bharti Airtel has released its audited consolidated and standalone financial results for the quarter ended 30 June 2026, prepared under Indian Accounting Standards. The results, which include detailed revenue, expense and profit figures, were reviewe...

Bharti Airtel Posts Strong Q1 FY27 Growth and Bolsters Africa Bet

Aug 4, 2026

Bharti Airtel reported strong first-quarter FY27 results, with consolidated revenue rising 18.4% year-on-year to Rs 58,539 crore, driven by robust performance in India and Africa. India revenues grew 9.7%, supported by mobile ARPU expansion, a surge...

Bharti Airtel Files Q1 2026 Quarterly Report with Indian Exchanges

Aug 4, 2026

Bharti Airtel Limited has notified the National Stock Exchange of India and BSE Limited that it has released its quarterly report for the first quarter ended June 30, 2026. The disclosure is made pursuant to the SEBI Listing Obligations and Disclosur...

Bharti Airtel Convenes 31st AGM With Strong Shareholder Participation

Aug 3, 2026

Bharti Airtel Limited held its 31st Annual General Meeting on August 3, 2026 via video conferencing, with Chairman Sunil Bharti Mittal and a full slate of executive and independent directors in attendance. The meeting was properly convened with statu...

Bharti Airtel to Pay DoT Penalty for Subscriber Verification Lapses

Jul 24, 2026

Bharti Airtel has disclosed that it received a notice from the Department of Telecommunications’ Karnataka LSA imposing a penalty of Rs. 2,06,000 for alleged violations of subscriber verification norms identified during a Customer Application F...

Bharti Airtel Sets August 3 Video AGM, Opens E-Voting for FY 2025-26

Jul 12, 2026

Bharti Airtel has announced that its 31st Annual General Meeting will be held on August 3, 2026, at 2:30 p.m. IST via video conferencing, with the meeting conducted in compliance with the Companies Act, 2013 and SEBI listing regulations. The company...

Bharti Airtel Sets August 3 Virtual AGM, Rolls Out FY 2025-26 Integrated Report

Jul 11, 2026

Bharti Airtel has scheduled its 31st Annual General Meeting for August 3, 2026, to be held via video conferencing in line with regulatory guidance from Indian authorities. The company has released its integrated annual report and financial statements...

Bharti Airtel files FY 2025-26 Business Responsibility and Sustainability Report

Jul 11, 2026

Bharti Airtel Limited has submitted its Business Responsibility and Sustainability Report for the financial year 2025-26 in compliance with Indian listing regulations, and the document forms part of its Integrated Annual Report. The report, which has...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 09, 2026