- Total income
- ₹1,94,387 Cr
- Profit
- ₹33,556 Cr

About Bharti Airtel Limited
Data last updated:
Bharti Airtel Limited is a public limited company based in Gurugram, Haryana, India, a subsidiary of Bharti Telecom Limited. It operates in the telecom service providers segment of the telecommunications sector. It was incorporated on 07 July 1995 and has been in existence for over 31 years.
Bharti Airtel is ranked #15 on the Fortune India 500 (2025) and #3 among India's most valuable companies (2025). It is part of the Nifty 50, Sensex, Nifty 500 and BSE 500 indices. Its director Sunil Mittal and family are #26 among India's richest people (2026). Its director Rajan Bharti Mittal and family are #42 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN L74899HR1995PLC095967. Its GSTIN is 06AAACB2894G1ZR (Haryana). The company holds 43 GST registrations, of which 40 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532454 and NSE: BHARTIARTL.
The company has an authorised share capital of ₹14,873 Cr and a paid-up capital of ₹3,120.16 Cr. It was formerly known as Bharti Tele-Ventures Ltd. It is led by directors including Shashwat Sharma (Managing Director) and Gopal Vittal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 03 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Airtel Center Plot No. 16 Udyog Vihar Phase – IV, Gurugram, Haryana, India – 122015.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,10,973 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹26,604 Cr (net margin 12.6%) and EBITDA of ₹1,16,257 Cr (EBITDA margin 55.1%). The net worth stands at ₹1,49,057 Cr (up 31.1% YoY). Total assets are valued at ₹4,01,694 Cr (up 6.4% YoY).
The company has about 14,338 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 4 brands: VeCrear Technologies, Airtel, Bharti Enterprises and Airtel. As per MCA filings, the company has satisfied charges of ₹4,133.09 Cr on record. Court records list 25,597 cases involving the company, including 23,056 filed by the company and 2,546 filed against it; 1,653 cases are pending. The company has 129 deals on record (100 market trades, 9 funding rounds, 8 secondary share transfers), with disclosed funding of ₹66,067 Cr; the latest was in June 2026. Its 5 peer companies in the Telecom industry (Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities) are compared by revenue, 5 smaller; the largest is Reliance Jio Infocomm Limited with revenue of ₹1,15,088 Cr. The company has 148 MSME Form 1 returns on record between 2008 and 2024, listing 44,217 overdue payments to 699 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website airtel.in.
Company details
CIN history
Bharti Airtel has one previous CIN (Corporate Identification Number): L74899DL1995PLC070609. The current CIN is L74899HR1995PLC095967, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74899HR1995PLC095967 | Current |
| L74899DL1995PLC070609 | Previous |
Recognitions & Rankings of Bharti Airtel
- Valuation
- ₹11,49,650 Cr
- 1-year change
- +18%
- #26 Sunil Mittal & family ₹97,000 Cr
- #42 Rajan Bharti Mittal & family ₹60,700 Cr
Contact details
Bharti Airtel Limited's registered office is in Gurugram, Haryana. Its website is airtel.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAirtel Center Plot No. 16 Udyog Vihar Phase – IV, Gurugram, Haryana, India – 122015
- IndustryTelecom, Telecom Service Providers
To see the full contact details of Bharti Airtel Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Bharti Airtel operates multiple associated brands including VeCrear Technologies, Airtel, and Bharti Enterprises. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IoT consulting, design, and development services for various industries. | vecrear.com | |
| Global telecommunications company | airtel.com | |
| Telecommunication and financial services are provided by the diversified conglomerate. | bharti.com | |
| Airtel is recognized as a provider of telecommunications and internet services. | airtel.in |
Business activity
The main business activity of Bharti Airtel is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities |
To see the full business activity and turnover split of Bharti Airtel Limited, buy the company report.
Financials of Bharti Airtel Limited
FY 2025-26 filings availableBharti Airtel Limited reported revenue of ₹2,10,973 Cr (up 22% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,10,973 | 1,72,985 | 1,49,982 | 1,39,145 | 1,16,547 | 1,00,616 | 87,539 |
| Revenue growth | +22.0% | +15.3% | +7.8% | +19.4% | +15.8% | +14.9% | - |
| EBITDA | 1,16,257 | 84,321 | 70,541 | 70,604 | 56,688 | 29,294 | (4,224) |
| EBITDA margin | +55.1% | +48.7% | +47.0% | +50.7% | +48.6% | +29.1% | -4.8% |
| Profit before tax | 45,173 | 38,398 | 12,679 | 16,561 | 12,483 | (3,432) | (42,846) |
| Net profit | 26,604 | 21,404 | 12,402 | 8,843 | 3,125 | 9,812 | 5,786 |
| Net profit margin | +12.6% | +12.4% | +8.3% | +6.4% | +2.7% | +9.8% | +6.6% |
| EPS (₹) | 43.81 | 57.85 | 12.98 | 14.71 | 7.61 | (27.46) | (58.99) |
| Balance sheet | |||||||
| Total assets | 4,01,694 | 3,77,674 | 3,34,054 | 3,46,215 | 2,74,268 | 2,59,898 | 2,60,385 |
| Net worth | 1,49,057 | 1,13,672 | 82,019 | 77,563 | 66,554 | 58,953 | 77,145 |
| Total debt | 1,95,412 | 2,13,642 | 2,15,592 | 2,26,020 | 1,69,678 | 1,62,785 | 1,48,228 |
| Cash & bank | 30,377 | 16,720 | 16,340 | 13,419 | 13,494 | 13,466 | 15,893 |
| Net working capital | (67,164) | (61,396) | (49,959) | (45,545) | (35,773) | (33,845) | (35,831) |
| Cash flow | |||||||
| Cash from operations | 1,22,230 | 98,332 | 78,898 | 65,325 | 55,017 | 48,205 | 18,129 |
| Cash from investing | (56,205) | (60,198) | (51,089) | (39,232) | (41,478) | (27,286) | (29,598) |
| Cash from financing | (52,293) | (36,533) | (27,778) | (24,470) | (15,203) | (24,910) | 19,144 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 58,539 | 55,383 | 53,982 | 52,145 | 49,463 | 47,876 | 45,129 | 41,473 |
| Revenue growth (YoY) | +18.4% | +15.7% | +19.6% | +25.7% | +28.5% | - | - | - |
| Other income | 1,015 | 963 | 819 | 809 | 592 | 544 | 9,675 | 1,329 |
| EBITDA | 32,949 | 28,331 | 30,526 | 29,561 | 27,839 | 26,869 | 24,597 | 20,992 |
| EBITDA margin | +56.3% | +51.2% | +56.5% | +56.7% | +56.3% | +56.1% | +54.5% | +50.6% |
| Depreciation | 14,235 | 13,644 | 13,420 | 13,182 | 12,465 | 12,326 | 11,704 | 11,000 |
| Interest | 5,956 | 5,606 | 5,623 | 4,866 | 5,461 | 5,502 | 5,676 | 5,424 |
| Profit before tax | 13,773 | 10,045 | 12,301 | 12,322 | 10,504 | 9,584 | 16,892 | 5,897 |
| Tax | 3,761 | 797 | 3,798 | 3,672 | 3,083 | (2,892) | 757 | 1,744 |
| Net profit | 10,012 | 9,247 | 8,503 | 8,651 | 7,422 | 12,476 | 16,135 | 4,153 |
| EPS (₹) | 13.37 | 12.15 | 11.02 | 11.30 | 9.90 | 18.38 | 24.65 | 6.00 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,21,493 | 1,08,944 | 94,120 | 84,720 | 70,795 | 64,326 | 54,317 |
| Revenue growth | +11.5% | +15.8% | +11.1% | +19.7% | +10.1% | +18.4% | - |
| EBITDA | 66,918 | 52,593 | 49,061 | 39,522 | 31,016 | 12,945 | (22,962) |
| EBITDA margin | +55.1% | +48.3% | +52.1% | +46.7% | +43.8% | +20.1% | -42.3% |
| Profit before tax | 19,446 | 17,864 | 7,116 | 1,269 | (4,256) | (18,465) | (51,021) |
| Net profit | 16,110 | 13,792 | 5,750 | (451) | (1,960) | (15,742) | 5,579 |
| Net profit margin | +13.3% | +12.7% | +6.1% | -0.5% | -2.8% | -24.5% | +10.3% |
| EPS (₹) | 22.56 | 40.52 | 8.67 | (0.16) | (6.91) | (45.88) | (66.15) |
| Balance sheet | |||||||
| Total assets | 3,07,351 | 3,05,514 | 2,76,431 | 2,67,662 | 2,10,207 | 2,16,808 | 2,24,787 |
| Net worth | 1,60,535 | 1,40,131 | 1,00,862 | 78,993 | 74,870 | 77,360 | 1,01,429 |
| Total debt | 1,44,138 | 1,61,457 | 1,69,299 | 1,81,696 | 1,29,905 | 1,30,407 | 1,18,800 |
| Cash & bank | 6,989 | 703 | 741 | 1,443 | 341 | 1,036 | 3,398 |
| Net working capital | (54,455) | (50,222) | (37,348) | (30,858) | (28,540) | (24,612) | (25,480) |
| Cash flow | |||||||
| Cash from operations | 74,931 | 62,336 | 53,209 | 43,583 | 36,754 | 34,392 | 4,026 |
| Cash from investing | (41,286) | (41,453) | (34,877) | (30,006) | (33,170) | (13,223) | (22,272) |
| Cash from financing | (27,350) | (20,755) | (19,184) | (12,500) | (4,289) | (23,218) | 21,114 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32,357 | 31,296 | 30,855 | 30,092 | 29,249 | 28,608 | 28,434 | 26,984 |
| Revenue growth (YoY) | +10.6% | +9.4% | +8.5% | +11.5% | +17.4% | - | - | - |
| Other income | 561 | 787 | 479 | 1,079 | 332 | 230 | 3,046 | 408 |
| Total expenses | 13,420 | 16,387 | 13,166 | 12,617 | 12,404 | 12,267 | 12,395 | 12,032 |
| EBITDA | 18,937 | 14,910 | 17,688 | 17,476 | 16,845 | 16,341 | 16,039 | 14,953 |
| EBITDA margin | +58.5% | +47.6% | +57.3% | +58.1% | +57.6% | +57.1% | +56.4% | +55.4% |
| Depreciation | 9,065 | 8,810 | 8,859 | 8,623 | 8,279 | 8,216 | 8,230 | 8,137 |
| Interest | 3,690 | 4,075 | 3,815 | 3,854 | 3,835 | 3,669 | 4,031 | 3,872 |
| Profit before tax | 6,743 | 2,812 | 5,493 | 6,078 | 5,063 | 4,686 | 6,824 | 3,352 |
| Tax | 1,316 | 1,468 | 1,402 | 1,533 | 1,298 | (4,632) | (2,373) | 834 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 58,539 | 55,383 | 53,982 | 52,145 | 49,463 | 47,876 | 45,129 | 41,473 |
| Revenue growth (YoY) | +18.4% | +15.7% | +19.6% | +25.7% | +28.5% | - | - | - |
| Other income | 1,015 | 963 | 819 | 809 | 592 | 544 | 9,675 | 1,329 |
| EBITDA | 32,949 | 28,331 | 30,526 | 29,561 | 27,839 | 26,869 | 24,597 | 20,992 |
| EBITDA margin | +56.3% | +51.2% | +56.5% | +56.7% | +56.3% | +56.1% | +54.5% | +50.6% |
| Depreciation | 14,235 | 13,644 | 13,420 | 13,182 | 12,465 | 12,326 | 11,704 | 11,000 |
| Interest | 5,956 | 5,606 | 5,623 | 4,866 | 5,461 | 5,502 | 5,676 | 5,424 |
| Profit before tax | 13,773 | 10,045 | 12,301 | 12,322 | 10,504 | 9,584 | 16,892 | 5,897 |
| Tax | 3,761 | 797 | 3,798 | 3,672 | 3,083 | (2,892) | 757 | 1,744 |
| Net profit | 10,012 | 9,247 | 8,503 | 8,651 | 7,422 | 12,476 | 16,135 | 4,153 |
| EPS (₹) | 13.37 | 12.15 | 11.02 | 11.30 | 9.90 | 18.38 | 24.65 | 6.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,10,973 | 1,72,985 | 1,49,982 | 1,39,145 | 1,16,547 | 1,00,616 | 87,539 |
| Revenue growth | +22.0% | +15.3% | +7.8% | +19.4% | +15.8% | +14.9% | - |
| Other income | 3,182 | 21,401 | 4,324 | 1,689 | 5,502 | 11,770 | 3,059 |
| Total expenses | 94,716 | 88,664 | 79,442 | 68,541 | 59,858 | 71,322 | 91,763 |
| Employee cost | 7,581 | 6,309 | 5,323 | 4,831 | 4,433 | 4,115 | 3,807 |
| EBITDA | 1,16,257 | 84,321 | 70,541 | 70,604 | 56,688 | 29,294 | (4,224) |
| EBITDA margin | +55.1% | +48.7% | +47.0% | +50.7% | +48.6% | +29.1% | -4.8% |
| Depreciation | 52,711 | 45,570 | 39,538 | 36,432 | 33,091 | 29,404 | 27,690 |
| Interest | 21,555 | 21,754 | 22,648 | 19,300 | 16,616 | 15,091 | 13,992 |
| Profit before tax | 45,173 | 38,398 | 12,679 | 16,561 | 12,483 | (3,432) | (42,846) |
| Tax | 11,350 | 917 | 4,121 | 4,273 | 4,178 | 8,932 | (12,182) |
| Net profit | 26,604 | 21,404 | 12,402 | 8,843 | 3,125 | 9,812 | 5,786 |
| Net profit margin | +12.6% | +12.4% | +8.3% | +6.4% | +2.7% | +9.8% | +6.6% |
| EPS (₹) | 43.81 | 57.85 | 12.98 | 14.71 | 7.61 | (27.46) | (58.99) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3,047 | 2,900 | 2,877 | 2,837 | 2,795 | 2,746 | 2,728 |
| Reserves & surplus | 1,44,712 | 1,10,005 | 79,038 | 74,545 | 63,561 | 56,007 | 74,142 |
| Shareholders' funds (net worth) | 1,49,057 | 1,13,672 | 82,019 | 77,563 | 66,554 | 58,953 | 77,145 |
| Minority interest | 46,907 | 39,796 | 23,545 | 28,881 | 25,381 | 22,274 | 24,985 |
| Secured loans | 2,756 | 2,503 | 1,163 | 360 | 380 | 367 | 28.10 |
| Unsecured loans | 1,92,655 | 2,11,139 | 2,14,430 | 2,25,660 | 1,69,298 | 1,62,418 | 1,48,200 |
| Total debt | 1,95,412 | 2,13,642 | 2,15,592 | 2,26,020 | 1,69,678 | 1,62,785 | 1,48,228 |
| Total liabilities | 4,01,694 | 3,77,674 | 3,34,054 | 3,46,215 | 2,74,268 | 2,59,898 | 2,60,385 |
| Assets | |||||||
| Gross block | 6,91,921 | 6,36,583 | 5,26,488 | 4,77,254 | 4,21,249 | 3,87,421 | 3,79,906 |
| Net block | 4,06,337 | 3,88,468 | 3,03,303 | 2,77,394 | 2,44,083 | 2,23,480 | 2,29,256 |
| Capital work in progress | 12,938 | 10,999 | 16,904 | 49,425 | 5,955 | 5,726 | 4,282 |
| Investments | 18,901 | 5,838 | 31,602 | 32,954 | 29,349 | 27,550 | 25,476 |
| Inventories | 601 | 452 | 364 | 258 | 375 | 266 | 157 |
| Sundry debtors | 7,978 | 7,456 | 4,728 | 3,982 | 4,056 | 3,638 | 4,606 |
| Cash & bank balances | 30,377 | 16,720 | 16,340 | 13,419 | 13,494 | 13,466 | 15,893 |
| Loans & advances | 37,560 | 41,308 | 36,575 | 35,139 | 33,241 | 33,305 | 42,220 |
| Total current assets | 76,515 | 65,936 | 58,007 | 52,797 | 51,166 | 50,675 | 62,875 |
| Total current liabilities | 1,43,678 | 1,27,332 | 1,07,965 | 98,342 | 86,939 | 84,520 | 98,706 |
| Net working capital | (67,164) | (61,396) | (49,959) | (45,545) | (35,773) | (33,845) | (35,831) |
| Total assets | 4,01,694 | 3,77,674 | 3,34,054 | 3,46,215 | 2,74,268 | 2,59,898 | 2,60,385 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 10,653 | 9,052 | 9,021 | 7,399 | 9,063 | 13,054 | 5,379 |
| Net cash from operating activities | 1,22,230 | 98,332 | 78,898 | 65,325 | 55,017 | 48,205 | 18,129 |
| Net cash from investing activities | (56,205) | (60,198) | (51,089) | (39,232) | (41,478) | (27,286) | (29,598) |
| Net cash from financing activities | (52,293) | (36,533) | (27,778) | (24,470) | (15,203) | (24,910) | 19,144 |
| Net change in cash | 13,732 | 1,601 | 30.70 | 1,623 | (1,664) | (3,991) | 7,675 |
| Closing cash | 30,377 | 16,720 | 16,340 | 13,419 | 13,494 | 13,466 | 15,893 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +22.0% | +15.3% | +7.8% | +19.4% | +15.8% | +14.9% | - |
| EBITDA growth | +37.9% | +19.5% | -0.1% | +24.6% | +93.5% | +793.4% | - |
| PBT growth | +17.6% | +202.9% | -23.4% | +32.7% | +9998.0% | +92.0% | -2374.1% |
| Net income growth | +24.3% | +72.6% | +40.3% | +183.0% | -68.2% | +69.6% | - |
| Revenue CAGR (3Y) | +14.9% | +14.1% | +14.2% | +16.7% | +13.0% | +6.8% | -2.9% |
| EBITDA CAGR (3Y) | +18.1% | +14.2% | +34.0% | - | +31.8% | +0.6% | - |
| Profitability & leverage | |||||||
| Net income margin | +16.0% | +21.7% | +5.7% | +8.8% | +7.1% | -12.3% | -35.0% |
| Return on capital employed | +19.3% | +14.3% | +13.6% | +12.7% | +11.3% | 0.0% | +5.2% |
| Return on net worth | +25.8% | +25.9% | +16.9% | +17.0% | +11.4% | 0.0% | +9.8% |
| Debt / equity | 1.56 | 2.19 | 2.77 | 2.75 | 2.65 | 2.29 | 1.84 |
| Long-term debt / equity | 1.24 | 1.77 | 2.43 | 2.39 | 2.22 | 1.85 | 1.36 |
| Interest cover | 33.92 | 56.14 | 73.05 | 56.48 | 70.41 | -13,620.04 | -43.84 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.32 | 0.30 | 0.30 | 0.31 | 0.29 | 0.26 | 0.25 |
| Inventory turnover | 400.86 | 424.19 | 482.65 | 439.91 | 363.64 | 475.84 | 713.73 |
| Debtors turnover | 27.34 | 28.40 | 34.44 | 34.62 | 30.30 | 24.41 | 19.66 |
| EPS (₹) | 43.81 | 57.85 | 12.98 | 14.71 | 7.61 | (27.46) | (58.99) |
| Dividend per share (₹) | 24.00 | 16.00 | 8.00 | 4.00 | 3.00 | 0.00 | 2.00 |
| Book value per share (₹) | 242.48 | 194.66 | 142.38 | 136.40 | 118.70 | 106.98 | 140.90 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 32,357 | 31,296 | 30,855 | 30,092 | 29,249 | 28,608 | 28,434 | 26,984 |
| Revenue growth (YoY) | +10.6% | +9.4% | +8.5% | +11.5% | +17.4% | - | - | - |
| Other income | 561 | 787 | 479 | 1,079 | 332 | 230 | 3,046 | 408 |
| Total expenses | 13,420 | 16,387 | 13,166 | 12,617 | 12,404 | 12,267 | 12,395 | 12,032 |
| EBITDA | 18,937 | 14,910 | 17,688 | 17,476 | 16,845 | 16,341 | 16,039 | 14,953 |
| EBITDA margin | +58.5% | +47.6% | +57.3% | +58.1% | +57.6% | +57.1% | +56.4% | +55.4% |
| Depreciation | 9,065 | 8,810 | 8,859 | 8,623 | 8,279 | 8,216 | 8,230 | 8,137 |
| Interest | 3,690 | 4,075 | 3,815 | 3,854 | 3,835 | 3,669 | 4,031 | 3,872 |
| Profit before tax | 6,743 | 2,812 | 5,493 | 6,078 | 5,063 | 4,686 | 6,824 | 3,352 |
| Tax | 1,316 | 1,468 | 1,402 | 1,533 | 1,298 | (4,632) | (2,373) | 834 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,21,493 | 1,08,944 | 94,120 | 84,720 | 70,795 | 64,326 | 54,317 |
| Revenue growth | +11.5% | +15.8% | +11.1% | +19.7% | +10.1% | +18.4% | - |
| Other income | 2,677 | 13,022 | 1,569 | 2,634 | 2,279 | 2,404 | 3,796 |
| Total expenses | 54,575 | 56,350 | 45,059 | 45,198 | 39,779 | 51,381 | 77,279 |
| Employee cost | 2,281 | 2,394 | 2,176 | 1,966 | 1,795 | 1,664 | 1,520 |
| EBITDA | 66,918 | 52,593 | 49,061 | 39,522 | 31,016 | 12,945 | (22,962) |
| EBITDA margin | +55.1% | +48.3% | +52.1% | +46.7% | +43.8% | +20.1% | -42.3% |
| Depreciation | 34,571 | 32,511 | 29,108 | 26,355 | 24,330 | 21,998 | 20,392 |
| Interest | 15,579 | 15,240 | 14,405 | 14,532 | 13,221 | 11,817 | 11,463 |
| Profit before tax | 19,446 | 17,864 | 7,116 | 1,269 | (4,256) | (18,465) | (51,021) |
| Tax | 5,701 | (5,637) | 2,128 | 1,359 | (392) | 6,732 | (14,933) |
| Net profit | 16,110 | 13,792 | 5,750 | (451) | (1,960) | (15,742) | 5,579 |
| Net profit margin | +13.3% | +12.7% | +6.1% | -0.5% | -2.8% | -24.5% | +10.3% |
| EPS (₹) | 22.56 | 40.52 | 8.67 | (0.16) | (6.91) | (45.88) | (66.15) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 3,047 | 2,900 | 2,877 | 2,837 | 2,795 | 2,746 | 2,728 |
| Reserves & surplus | 1,57,488 | 1,37,231 | 97,631 | 75,803 | 71,721 | 74,260 | 98,347 |
| Shareholders' funds (net worth) | 1,60,535 | 1,40,131 | 1,00,862 | 78,993 | 74,870 | 77,360 | 1,01,429 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 |
| Unsecured loans | 1,44,138 | 1,61,457 | 1,69,299 | 1,81,696 | 1,29,905 | 1,30,407 | 1,18,800 |
| Total debt | 1,44,138 | 1,61,457 | 1,69,299 | 1,81,696 | 1,29,905 | 1,30,407 | 1,18,800 |
| Total liabilities | 3,07,351 | 3,05,514 | 2,76,431 | 2,67,662 | 2,10,207 | 2,16,808 | 2,24,787 |
| Assets | |||||||
| Gross block | 4,45,529 | 4,29,848 | 3,97,420 | 3,43,089 | 3,01,756 | 2,74,748 | 2,65,476 |
| Net block | 2,28,336 | 2,34,288 | 2,21,717 | 1,87,409 | 1,63,736 | 1,57,388 | 1,61,679 |
| Capital work in progress | 6,737 | 5,258 | 12,012 | 40,556 | 3,386 | 1,306 | 1,259 |
| Investments | 1,02,091 | 88,352 | 57,641 | 46,700 | 46,726 | 52,273 | 38,727 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.40 | 0.80 | 3.10 |
| Sundry debtors | 2,894 | 3,172 | 2,500 | 2,116 | 2,772 | 3,178 | 3,810 |
| Cash & bank balances | 6,989 | 703 | 741 | 1,443 | 341 | 1,036 | 3,398 |
| Loans & advances | 28,297 | 32,868 | 34,793 | 33,498 | 29,380 | 32,112 | 42,896 |
| Total current assets | 38,180 | 36,742 | 38,034 | 37,057 | 32,494 | 36,328 | 50,106 |
| Total current liabilities | 92,635 | 86,964 | 75,382 | 67,916 | 61,034 | 60,939 | 75,586 |
| Net working capital | (54,455) | (50,222) | (37,348) | (30,858) | (28,540) | (24,612) | (25,480) |
| Total assets | 3,07,351 | 3,05,514 | 2,76,431 | 2,67,662 | 2,10,207 | 2,16,808 | 2,24,787 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 663 | 534 | 1,386 | 310 | 1,014 | 3,040 | 171 |
| Net cash from operating activities | 74,931 | 62,336 | 53,209 | 43,583 | 36,754 | 34,392 | 4,026 |
| Net cash from investing activities | (41,286) | (41,453) | (34,877) | (30,006) | (33,170) | (13,223) | (22,272) |
| Net cash from financing activities | (27,350) | (20,755) | (19,184) | (12,500) | (4,289) | (23,218) | 21,114 |
| Net change in cash | 6,295 | 128 | (852) | 1,076 | (704) | (2,049) | 2,869 |
| Closing cash | 6,989 | 703 | 741 | 1,443 | 341 | 1,036 | 3,398 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.5% | +15.8% | +11.1% | +19.7% | +10.1% | +18.4% | - |
| EBITDA growth | +27.2% | +7.2% | +24.1% | +27.4% | +139.6% | +156.4% | - |
| PBT growth | +8.9% | +151.0% | +460.6% | +9998.0% | +77.0% | +63.8% | -873.0% |
| Net income growth | +16.8% | +139.9% | +1373.7% | +77.0% | +87.6% | -382.2% | - |
| Revenue CAGR (3Y) | +12.8% | +15.5% | +13.5% | +16.0% | +12.6% | +6.2% | -4.5% |
| EBITDA CAGR (3Y) | +19.2% | +19.3% | +55.9% | - | +38.0% | -9.0% | - |
| Profitability & leverage | |||||||
| Net income margin | +11.3% | +21.6% | +5.3% | -0.1% | -5.5% | -39.2% | -66.4% |
| Return on capital employed | +12.5% | +8.0% | +8.3% | +8.4% | +5.1% | +3.8% | +1.0% |
| Return on net worth | +10.7% | +11.5% | +6.4% | -0.6% | -2.6% | -17.6% | +5.6% |
| Debt / equity | 1.02 | 1.37 | 1.95 | 2.03 | 1.71 | 1.39 | 1.01 |
| Long-term debt / equity | 0.86 | 1.20 | 1.82 | 1.86 | 1.54 | 1.24 | 0.80 |
| Interest cover | 48.16 | 75.89 | 72.20 | 110.36 | 197.72 | -130.54 | -26.44 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.28 | 0.26 | 0.25 | 0.26 | 0.25 | 0.24 | 0.22 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 4,23,600.50 | 1,17,991.67 | 32,987.64 | 26,496.15 |
| Debtors turnover | 40.06 | 38.42 | 40.77 | 34.66 | 23.80 | 18.41 | 14.20 |
| EPS (₹) | 22.56 | 40.52 | 8.67 | (0.16) | (6.91) | (45.88) | (66.15) |
| Dividend per share (₹) | 24.00 | 16.00 | 8.00 | 4.00 | 3.00 | 0.00 | 2.00 |
| Book value per share (₹) | 263.45 | 241.60 | 174.70 | 138.62 | 133.30 | 140.21 | 185.27 |
To see the full year-wise statements and ratios of Bharti Airtel Limited, buy the company report.
Board of directors of Bharti Airtel Limited
Bharti Airtel has 12 current directors and 52 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Vittal Also directs: Airtel Payments Bank Limited, Satya Bharti Foundation | Whole-Time Director | 01 Jan 2026 | 0 Years 9 Months | Current |
| Tao Yih Arthur Lang Also directs: Bharti Telecom Limited | Director | 27 Oct 2020 | 5 Years 11 Months | Current |
| Nisaba Godrej | Director | 04 Aug 2021 | 5 Years 2 Months | Current |
| Shyamal Mukherjee | Director | 18 May 2022 | 4 Years 5 Months | Current |
| Chua Sock Koong Also directs: Bharti Telecom Limited | Director | 07 May 2001 | 25 Years 5 Months | Current |
| Sunil Bharti Mittal Also directs: Bharti Telecom Limited, Airtel Payments Bank Limited, Bharti (SBM) Holdings Private Limited and 5 more | Whole-Time Director | 07 Jul 1995 | 31 Years 3 Months | Current |
Peer comparison
Bharti Airtel Limited is compared with the 5 companies closest to it by revenue in the Telecom industry (Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bharti Airtel Limitedthis company | ₹2,10,973 Cr (FY 2026) | ₹26,604 Cr | 12.6% | 22.0% | 14,338 | Gurugram, Haryana, India |
| Reliance Jio Infocomm Limited | ₹1,15,088 Cr (FY 2025) | 14.0% | Ahmedabad, Gujarat, India | |||
| Vodafone Idea Limited | ₹44,592 Cr (FY 2025) | 4.0% | Gandhinagar, Gujarat, India | |||
| Vodafone India Limited | ₹35,127 Cr (FY 2018) | -19.0% | Mumbai, Maharashtra, India | |||
| Vodafone Mobile Services Limited | ₹33,211 Cr (FY 2018) | -17.0% | Mumbai, Maharashtra, India | |||
| Bharat Sanchar Nigam Limited | ₹23,446 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India |
To see the full peer comparison of Bharti Airtel Limited, buy the company report.
Auditor
Bharti Airtel Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 48.90%, foreign institutional investors hold 27.10%, domestic institutional investors hold 21.30% and retail and other public shareholders hold 2.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 48.90% | 48.90% | 48.90% | 50.30% |
| Public | 51.10% | 51.10% | 51.10% | 49.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2018 | 100180869 | Others | ₹17.7 Lakh | Satisfied | |
| 29 Mar 2018 | 100170262 | Others | ₹38.13 Lakh | Satisfied | |
| 31 Dec 2017 | 100149807 | Others | ₹52.88 Lakh | Satisfied | |
| 23 Nov 2017 | 100140846 | Others | ₹12.15 Lakh | Satisfied | |
| 25 Oct 2017 | 100132293 | Others | ₹52.47 Lakh | Satisfied |
To see the full charge records of Bharti Airtel Limited, buy the company report.
Total charge records: 45 View all charges
Deals & funding
Bharti Airtel Limited has 129 deals on record (100 market trades, 9 funding rounds, 8 secondary share transfers), with disclosed funding of ₹66,067 Cr; the latest was in June 2026.
Deals on record (5 of 129)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Market trade | ₹89.18 Cr | Buyer: Pi Opportunities Aif V LLP Seller: Premjiinvest |
| Feb 2025 | Market trade | ₹8,935.11 Cr | Buyer: Bharti Telecom Limited, Goldman Sachs Trust Ii-Goldman Sachs Gqg Partners Intl Opportunities Fund, Gqg Partners Emerging Markets Equity Fund Seller: Indian Continent Investment Limited |
| May 2019 | Acquisition | Undisclosed | Buyer: Hughes Communications India Private Limited Seller: Bharti Airtel Limited |
| May 2015 | Acquisition | ₹1,275.23 Cr | Buyer: Bharti Enterprises (Holding) Private Limited Seller: Vodafone Group Plc. |
| Aug 2008 | Market trade | ₹1,655.73 Cr | Buyer: Deutsche Equities India Private Limited |
To see the full deal history of Bharti Airtel Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bharti Airtel Limited has 25,597 court cases on record: 23,056 filed by Bharti Airtel, 2,546 filed against it. 1,653 cases are pending and 23,944 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22,947 | 1,001 | 1,249 |
| High courts | 2,441 | 1,400 | 323 |
| Supreme Court | 197 | 143 | 81 |
| NCLT | 11 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 25,597)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (OMP (MISC.) (COMM.)) | Filed against the company by Siesta Communications Private Limited | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Ms Servostar India Pvt Ltd | Pending |
| District court, South, Delhi | Commercial suit | Filed against the company by Manash Lifestyle Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against K Sera Sera Miniplex Pvt.Ltd. | Pending |
| High Court of Jammu and Kashmir and Ladakh | Appeal | Filed by the company against Bharat Sanchar Nigam Ltd. Th. Assiatant General Manager, Jammu | Pending |
To see the full case history of Bharti Airtel Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Bharti Airtel Limited was last rated by Indiarating on 28 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 28 Jul 2021 |
To see the full credit ratings and regulatory alerts of Bharti Airtel Limited, buy the company report.
MSME payment delays
Bharti Airtel Limited has 148 MSME Form 1 returns on record between 2008 and 2024, listing 44,217 overdue payments to 699 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 699)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Veer Visions Pvt Ltd | |||
| Shree Combines Private Limited | |||
| Entasis Technology Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Bharti Airtel Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Bharti Airtel has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|
Employees & EPFO
Bharti Airtel Limited has a workforce of 14,338 employees on its EPFO records as of Nov 23, 2024, across 12 active EPFO establishments.
GST
Bharti Airtel has 43 GST registrations: 40 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACB2894G1ZR | Haryana | Active | 01 Jul 2017 |
| 06AAACB2894G3ZP | Haryana | Active | 12 Jul 2017 |
| 02AAACB2894G1ZZ | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACB2894G1ZX | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bharti Airtel Limited, buy the company report.
Recent activity
Bharti Airtel Limited has 112 board changes on record since 1995: 63 appointments and 49 cessations. The latest: Gopal Vittal was appointed as Whole-Time Director on 01 Jan 2026.
208 earlier events are in the company report.
News
Frequently asked questions
Bharti Airtel is an active public limited company based in Gurugram, Haryana, India. The company works in telecom service providers, within the telecom industry. It was incorporated on 07 July 1995 (31+ years old) and is registered under CIN L74899HR1995PLC095967. Listed on BSE: 532454 and NSE: BHARTIARTL.
Bharti Airtel reported revenue of ₹2,10,973 Cr for FY 2025-26 (up 22% YoY) based on consolidated financials.
Bharti Airtel has 12 current directors:
- Shashwat Sharma - Managing Director
- Gopal Vittal - Whole-Time Director
- Sunil Bharti Mittal - Whole-Time Director
- Tao Yih Arthur Lang - Director
- Nisaba Godrej - Director
- Shyamal Mukherjee - Director
- Chua Sock Koong - Director
- Kimsuka Narsimhan - Director
- Dinesh Khara - Director
- Rajan Bharti Mittal - Director
- Arjan Kumar Sikri - Director
- Douglas Anderson Baillie - Director
The latest financial statements of Bharti Airtel on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 03 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Bharti Airtel is 06AAACB2894G1ZR, registered in Haryana. The company has 43 GST registrations in all, of which 40 are active and 3 are cancelled or inactive. Other active GSTINs include 06AAACB2894G3ZP (Haryana), 02AAACB2894G1ZZ (Himachal Pradesh), 03AAACB2894G1ZX (Punjab).
The CIN (Corporate Identification Number) of Bharti Airtel is L74899HR1995PLC095967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Bharti Airtel is a listed company as per MCA records. Its shares are listed on both BSE (code: 532454) and NSE (symbol: BHARTIARTL).
Bharti Airtel has 25,597 court cases on record: 23,056 filed by the company and 2,546 filed against it. 1,653 are pending. Most are in the district courts.
Bharti Airtel was incorporated on 07 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Haryana.
Bharti Airtel has 129 deals on record (100 market trades, 9 funding rounds, 8 secondary share transfers), with disclosed funding of ₹66,067 Cr; the latest was in June 2026.
The peers of Bharti Airtel by revenue are Reliance Jio Infocomm Limited, Vodafone Idea Limited, Vodafone India Limited, Vodafone Mobile Services Limited, Bharat Sanchar Nigam Limited, all in the Telecom industry (Telecom Service Providers), with the same principal business activity (wired, wireless or satellite telecommunication activities).
Gopal Vittal was appointed as Whole-Time Director on 01 Jan 2026. Shashwat Sharma was appointed as Managing Director on 01 Jan 2026. Shashwat Sharma ceased to be Additional Director on 01 Jan 2026. Bharti Airtel has 112 board changes on record in total.