Bharti Airtel logo

Bharti Airtel share price

NSE: BHARTIARTLBSE: 532454Telecom - ServicesLarge Cap

Formerly Bharti Tele-Ventures
Last close ₹1,892.10down ₹2.90 (0.15%)BSE ₹1,890.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,895.00.

52-week range of traded prices to 23 Oct 2026
₹1,726.30Low, 1 Oct 2026₹2,174.50High, 21 Nov 2025
Market cap
₹11,80,889 Cr3rd largest listed
P/E
40.8
P/E without one-offs
36.1
P/B
7.9
Dividend yield
1.27%
ROE
22.0%
ROE without one-offs
24.9%
ROCE
22.2%
Debt to equity
0.62
Volume, NSE
98,70,90363.1% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−5.8%over a year

ResultsDividend20-session average 83,33,802 shares a day, 66.7% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 4 Aug

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

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 2 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2019, the company's revenue for that year, ₹80,780 Cr, differs from its quarters added, ₹81,624 Cr. From the year to Mar 2021, the company's revenue for that year, ₹1,00,616 Cr, differs from its quarters added, ₹1,01,989 Cr; the company reports a discontinued business.

₹ croreSep 2024Filed 30 OctDec 2024Filed 6 FebMar 2025Filed 12 JunJun 2025Filed 5 AugSep 2025Filed 3 NovDec 2025Filed 5 FebMar 2026Filed 13 MayJun 2026Filed 4 Aug
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.PE ratio and valuation history

Price to earnings

At or below today's level on 4% of 1,166 trading days over the last 5 years.

LowestHighest
Its median55.1Industry median9.8
Price to book

At or below today's level on 43% of 1,100 trading days over the last 5 years.

LowestHighest
Its median8.9Industry median1.8
EV to EBITDA10.2

At or below today's level on 41% of 1,100 trading days over the last 5 years.

LowestHighest
Its median10.7Industry median15.1
Dividend yield

At or below today's level on 91% of 2,379 trading days over the last 10 years.

LowestHighest
Its median0.40%Industry median0.63%

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.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.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.

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

Mutual funds holding it

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.Mutual fund holdings

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.

Peers and competitors

Telecom - Services, 25 listed companies, priced on 23 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.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Vodafone Idea logoVodafone IdeaIDEA1,23,0783.3–13.7+3.3%––−2.4%0.00%
Tata Communications logoTata CommunicationsTATACOMM47,16542.713.911.3+9.1%−33.1%35.3%14.2%1.06%
HFCL logoHFCLHFCL36,74542.46.523.9+101.0%+3,016.5%17.7%18.3%0.08%
Tata Teleservices (Maharashtra) logoTata Teleservices (Maharashtra)TTML7,36624.6–40.4−0.9%––74.8%0.00%
Railtel Corporation of India logoRailtel Corporation of IndiaRAILTEL7,34921.23.210.3+20.8%+9.1%16.2%20.2%1.42%
Pace Digitek logoPace DigitekPACEDIGITK2,9849.71.46.9––13.9%13.9%0.00%
Bondada Engineering logoBondada EngineeringBONDADA2,943–––––––0.11%
Route Mobile logoRoute MobileROUTE2,62110.60.92.4−0.3%−15.4%9.6%15.3%2.88%
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.Dividend history and dates

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

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.Share news and 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 last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
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%
15 Oct 20261,795.101,871.101,795.101,854.001,853.871,13,15,52163.1%
14 Oct 20261,804.501,824.001,794.001,794.601,805.5851,85,55468.1%
13 Oct 20261,756.201,806.501,756.201,806.501,785.0059,42,86863.9%
12 Oct 20261,805.301,809.001,758.601,778.701,772.6348,19,37763.0%
9 Oct 20261,804.601,820.001,801.401,805.101,808.2133,62,52363.9%
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.

About Bharti Airtel

Bharti Airtel is a telecommunications company that serves consumers, homes and enterprises. It has nearly 666 million customers, of whom 482.4 million are in India and 183.5 million are in Africa.

In India, its services are grouped as Mobile, Homes, Digital TV and Airtel Business, with passive infrastructure provided through its subsidiary Indus Towers Limited. Mobile offers postpaid and prepaid services with pan India coverage. Homes provides broadband over wireless and fibre networks. Digital TV is a direct-to-home television platform with operations in 640 districts. Airtel Business supplies information and communications technology services to enterprises, governments, global carriers and small and medium businesses. Indus Towers gives wireless operators shared access to towers. Its data centre business, Nxtra, has 14 large data centres and more than 120 edge data centres.

In India, its mobile service covers more than 97% of the population, fibre broadband for homes reaches 1,635 cities, and its optical fibre network runs to 532,388 route kilometres. It has 8 live submarine cable systems. Its Africa operations provide voice, data and mobile money services in 14 countries, across three regions: Nigeria, East Africa and Francophone Africa. It also has a presence in Bangladesh and Sri Lanka through associate entities.

It was incorporated in 1995. Its subsidiary Airtel Money Limited was granted approval by the Reserve Bank of India to operate as a non-deposit taking non-banking financial company. Bharti Airtel is part of Bharti Enterprises, which was founded by Sunil Bharti Mittal.

Legal name
Bharti Airtel Limited
NSE symbol
BHARTIARTL
BSE code
532454
ISIN
INE397D01024
Industry
Telecom - Services
Listed
Feb 2002
Face value
₹5
Former symbols
BHARTI
CIN
L74899HR1995PLC095967
Corporate identity number, the registrar of companies' code for it

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