Bharti Airtel Ltd

NSE: BHARTIARTL BSE: 532454

₹1799.40

-7.10 (0.39%)

Thu, 22 Oct 2026, 07:05 pm

MTF 5xInvest in Bharti Airtel Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)1126554.43

PE Ratio38.16

Dividend1.35

Communications

Wireless Telecommunications

24.5K

Bharti Airtel Financials

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	116.64B	184.20B	270.12B	373.52B	418.29B	594.67B	714.51B	769.04B	857.46B	920.39B	965.32B	954.68B	826.39B	807.80B	846.76B	1.01T	1.17T	1.39T	1.50T	1.73T
Gross profit	37.61B	—	—	—	223.81B	205.34B	229.61B	228.56B	268.43B	313.96B	306.97B	278.64B	183.28B	125.10B	134.30B	223.72B	323.83B	452.71B	503.54B	631.68B
Operating expenses (excl. COGS)	-1.45B	-109.98B	-159.76B	-222.05B	-79.05B	-107.74B	-126.31B	-145.02B	-148.88B	-158.49B	-140.39B	-121.37B	-74.81B	-79.11B	-61.60B	-95.38B	-80.95B	-103.51B	-115.87B	-216.87B
Selling/general/admin expenses, total	—	-109.80B	-156.26B	-220.16B	-76.22B	-107.40B	-125.73B	-144.65B	-148.50B	-156.31B	-137.99B	-121.20B	-75.09B	-79.27B	-61.60B	-62.87B	-77.73B	-103.51B	-113.67B	-153.28B
Research & development	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0	0	—	—	—	—
Selling/general/admin expenses, other	—	-109.80B	-156.26B	-220.16B	-76.22B	-107.40B	-125.73B	-144.65B	-148.50B	-156.31B	-137.99B	-121.20B	-75.09B	-79.27B	-61.60B	-62.87B	-77.73B	-103.51B	-113.67B	-153.28B
Other operating expenses, total	-1.45B	-179.74M	-3.49B	-1.89B	-2.82B	-342.00M	-584.00M	-374.00M	-381.00M	-2.18B	-2.40B	-170.00M	282.00M	163.00M	0	-32.51B	-3.22B	0	-2.20B	-63.59B
Operating income	36.16B	48.03B	75.26B	102.62B	144.76B	97.60B	103.30B	83.53B	119.55B	155.47B	166.58B	157.27B	108.47B	46.00B	72.70B	128.34B	242.88B	349.20B	387.66B	414.82B
Non-operating income, total	-12.90B	-1.52B	-2.55B	-17.11B	-35.76B	-20.76B	-38.04B	-39.19B	-46.12B	-55.56B	-48.78B	-80.04B	-86.41B	-66.87B	-527.38B	-272.29B	-142.28B	-191.11B	-287.97B	-67.86B
Interest expense, net of interest capitalized	-2.39B	-2.81B	-3.86B	-5.03B	-6.37B	-20.38B	-30.61B	-44.72B	-49.88B	-65.32B	-75.68B	-78.61B	-81.31B	-100.25B	-125.91B	-147.72B	-158.00B	-168.51B	-189.58B	-210.62B
Interest capitalized	—	—	—	—	0	0	0	0	0	2.81B	2.27B	2.75B	3.04B	0	0	0	0	0	0	461.00M
Non-operating income, excl. interest expenses	-10.48B	1.30B	1.32B	-12.08B	-29.39B	-1.81B	-7.52B	5.30B	3.22B	17.07B	42.76B	18.65B	10.16B	2.41B	-582.00M	2.06B	11.04B	-18.38B	-99.28B	159.48B
Non-operating interest income	23.58M	127.73M	22.76M	970.97M	1.66B	906.00M	919.00M	2.00B	2.53B	1.74B	5.53B	3.21B	6.15B	5.03B	0	0	0	3.08B	6.49B	5.31B
Miscellaneous non-operating expense	-10.51B	1.18B	1.29B	-13.05B	-31.05B	-2.72B	-8.44B	3.30B	687.00M	15.33B	37.24B	5.00B	4.01B	-2.61B	-582.00M	2.06B	11.04B	-22.89B	-107.67B	151.61B
Unusual income/expense	-29.67M	-8.56M	—	—	—	1.43B	85.00M	229.00M	538.00M	-7.32B	-15.87B	-20.08B	-15.26B	30.97B	-400.89B	-126.63B	4.68B	-4.22B	889.00M	-16.72B
Pretax income	23.26B	46.51B	72.71B	85.50B	109.00B	76.84B	65.26B	44.35B	73.43B	99.91B	117.80B	77.23B	22.06B	-20.87B	-454.68B	-143.95B	100.60B	158.09B	99.70B	346.95B
Taxes	-2.71B	-5.41B	-7.76B	-5.06B	-15.34B	-17.79B	-22.60B	-25.18B	-48.45B	-54.05B	-59.53B	-34.82B	-10.84B	34.19B	125.12B	-89.33B	-41.78B	-42.73B	-41.21B	-9.17B
Non-controlling/minority interest	-266.55M	-482.18M	-1.00B	-1.85B	-1.98B	1.48B	13.00M	88.00M	-2.47B	-1.25B	-8.16B	-4.42B	-10.85B	-12.78B	-15.19B	-27.20B	-40.50B	-39.41B	-10.91B	-39.25B
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	20.28B	40.62B	63.95B	78.59B	91.63B	60.47B	42.59B	22.76B	27.73B	51.84B	60.77B	38.00B	10.99B	4.09B	-351.37B	-261.40B	42.55B	83.46B	74.67B	335.56B
Net income	20.28B	40.62B	63.95B	78.59B	91.63B	60.47B	42.59B	22.76B	27.73B	51.84B	60.77B	38.00B	10.99B	4.09B	-321.83B	-245.33B	42.55B	83.46B	74.67B	335.56B
Dilution adjustment	4.08M	13.13M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	20.28B	40.63B	63.95B	78.59B	91.63B	60.47B	42.59B	22.76B	27.73B	51.84B	60.77B	38.00B	10.99B	4.09B	-321.83B	-245.33B	42.55B	83.46B	74.67B	335.56B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	52.57B	74.22B	113.36B	152.26B	210.31B	199.66B	236.98B	232.15B	276.60B	311.26B	341.07B	355.00B	300.90B	259.47B	343.65B	422.38B	573.79B	713.52B	783.04B	870.52B
EBIT	36.16B	48.03B	75.26B	102.62B	144.76B	97.60B	103.30B	83.53B	119.55B	155.47B	166.58B	157.27B	108.47B	46.00B	72.70B	128.34B	242.88B	349.20B	387.66B	414.82B
Total operating expenses	-80.48B	-136.17B	-194.86B	-270.90B	-273.53B	-497.07B	-611.21B	-685.51B	-737.91B	-764.93B	-798.74B	-797.41B	-717.92B	-761.80B	-774.06B	-877.82B	-922.59B	-1.04T	-1.11T	-1.32T
Prepaid expenses	4.28B	9.12B	18.73B	31.51B	55.46B	12.81B	12.86B	9.08B	8.54B	10.21B	15.59B	11.49B	9.28B	8.20B	9.63B	9.09B	10.49B	11.76B	11.78B	13.11B
Deferred income, current	—	—	—	—	—	30.60B	43.28B	39.56B	44.90B	50.07B	51.34B	48.78B	48.67B	43.99B	54.59B	63.13B	75.93B	85.00B	87.26B	97.93B
Capital and operating lease obligations	0	0	0	0	0	0	0	0	0	0	57.09B	48.83B	47.55B	243.68B	251.09B	251.09B	290.56B	508.30B	539.27B	556.70B
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	1.95B	2.39B	2.73B	—	15.97B	12.49B	11.62B	12.56B	16.85B	15.11B	53.68B	78.85B	10.61B	11.30B	16.88B	16.11B	24.49B	20.76B	58.79B	111.06B
Deferred income, non-current	0	0	0	0	0	8.70B	2.89B	9.69B	14.01B	17.92B	18.48B	23.06B	48.82B	18.41B	25.03B	31.44B	31.62B	31.93B	35.61B	36.60B
Minority interest	1.09B	1.95B	10.14B	12.30B	28.56B	28.56B	27.70B	40.89B	42.10B	48.52B	54.98B	68.75B	88.14B	135.26B	249.85B	222.74B	253.81B	288.81B	235.45B	397.96B
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	0	0	0	0	-3.80B	-4.43B	-4.41B	-4.41B	-4.44B	-16.03B	-15.30B	-9.17B	-32.65B	-46.62B	-18.26B	-26.91B	-14.44B	-35.90B	-41.84B	-69.35B
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	116.64B	184.20B	270.12B	373.52B	418.29B	594.67B	714.51B	769.04B	857.46B	920.39B	965.32B	954.68B	826.39B	807.80B	846.76B	1.01T	1.17T	1.39T	1.50T	1.73T
Gross profit	37.61B	—	—	—	223.81B	205.34B	229.61B	228.56B	268.43B	313.96B	306.97B	278.64B	183.28B	125.10B	134.30B	223.72B	323.83B	452.71B	503.54B	631.68B
Operating expenses (excl. COGS)	-1.45B	-109.98B	-159.76B	-222.05B	-79.05B	-107.74B	-126.31B	-145.02B	-148.88B	-158.49B	-140.39B	-121.37B	-74.81B	-79.11B	-61.60B	-95.38B	-80.95B	-103.51B	-115.87B	-216.87B
Selling/general/admin expenses, total	—	-109.80B	-156.26B	-220.16B	-76.22B	-107.40B	-125.73B	-144.65B	-148.50B	-156.31B	-137.99B	-121.20B	-75.09B	-79.27B	-61.60B	-62.87B	-77.73B	-103.51B	-113.67B	-153.28B
Research & development	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0	0	—	—	—	—
Selling/general/admin expenses, other	—	-109.80B	-156.26B	-220.16B	-76.22B	-107.40B	-125.73B	-144.65B	-148.50B	-156.31B	-137.99B	-121.20B	-75.09B	-79.27B	-61.60B	-62.87B	-77.73B	-103.51B	-113.67B	-153.28B
Other operating expenses, total	-1.45B	-179.74M	-3.49B	-1.89B	-2.82B	-342.00M	-584.00M	-374.00M	-381.00M	-2.18B	-2.40B	-170.00M	282.00M	163.00M	0	-32.51B	-3.22B	0	-2.20B	-63.59B
Operating income	36.16B	48.03B	75.26B	102.62B	144.76B	97.60B	103.30B	83.53B	119.55B	155.47B	166.58B	157.27B	108.47B	46.00B	72.70B	128.34B	242.88B	349.20B	387.66B	414.82B
Non-operating income, total	-12.90B	-1.52B	-2.55B	-17.11B	-35.76B	-20.76B	-38.04B	-39.19B	-46.12B	-55.56B	-48.78B	-80.04B	-86.41B	-66.87B	-527.38B	-272.29B	-142.28B	-191.11B	-287.97B	-67.86B
Interest expense, net of interest capitalized	-2.39B	-2.81B	-3.86B	-5.03B	-6.37B	-20.38B	-30.61B	-44.72B	-49.88B	-65.32B	-75.68B	-78.61B	-81.31B	-100.25B	-125.91B	-147.72B	-158.00B	-168.51B	-189.58B	-210.62B
Interest capitalized	—	—	—	—	0	0	0	0	0	2.81B	2.27B	2.75B	3.04B	0	0	0	0	0	0	461.00M
Non-operating income, excl. interest expenses	-10.48B	1.30B	1.32B	-12.08B	-29.39B	-1.81B	-7.52B	5.30B	3.22B	17.07B	42.76B	18.65B	10.16B	2.41B	-582.00M	2.06B	11.04B	-18.38B	-99.28B	159.48B
Non-operating interest income	23.58M	127.73M	22.76M	970.97M	1.66B	906.00M	919.00M	2.00B	2.53B	1.74B	5.53B	3.21B	6.15B	5.03B	0	0	0	3.08B	6.49B	5.31B
Miscellaneous non-operating expense	-10.51B	1.18B	1.29B	-13.05B	-31.05B	-2.72B	-8.44B	3.30B	687.00M	15.33B	37.24B	5.00B	4.01B	-2.61B	-582.00M	2.06B	11.04B	-22.89B	-107.67B	151.61B
Unusual income/expense	-29.67M	-8.56M	—	—	—	1.43B	85.00M	229.00M	538.00M	-7.32B	-15.87B	-20.08B	-15.26B	30.97B	-400.89B	-126.63B	4.68B	-4.22B	889.00M	-16.72B
Pretax income	23.26B	46.51B	72.71B	85.50B	109.00B	76.84B	65.26B	44.35B	73.43B	99.91B	117.80B	77.23B	22.06B	-20.87B	-454.68B	-143.95B	100.60B	158.09B	99.70B	346.95B
Taxes	-2.71B	-5.41B	-7.76B	-5.06B	-15.34B	-17.79B	-22.60B	-25.18B	-48.45B	-54.05B	-59.53B	-34.82B	-10.84B	34.19B	125.12B	-89.33B	-41.78B	-42.73B	-41.21B	-9.17B
Non-controlling/minority interest	-266.55M	-482.18M	-1.00B	-1.85B	-1.98B	1.48B	13.00M	88.00M	-2.47B	-1.25B	-8.16B	-4.42B	-10.85B	-12.78B	-15.19B	-27.20B	-40.50B	-39.41B	-10.91B	-39.25B
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	20.28B	40.62B	63.95B	78.59B	91.63B	60.47B	42.59B	22.76B	27.73B	51.84B	60.77B	38.00B	10.99B	4.09B	-351.37B	-261.40B	42.55B	83.46B	74.67B	335.56B
Net income	20.28B	40.62B	63.95B	78.59B	91.63B	60.47B	42.59B	22.76B	27.73B	51.84B	60.77B	38.00B	10.99B	4.09B	-321.83B	-245.33B	42.55B	83.46B	74.67B	335.56B
Dilution adjustment	4.08M	13.13M	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	20.28B	40.63B	63.95B	78.59B	91.63B	60.47B	42.59B	22.76B	27.73B	51.84B	60.77B	38.00B	10.99B	4.09B	-321.83B	-245.33B	42.55B	83.46B	74.67B	335.56B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	52.57B	74.22B	113.36B	152.26B	210.31B	199.66B	236.98B	232.15B	276.60B	311.26B	341.07B	355.00B	300.90B	259.47B	343.65B	422.38B	573.79B	713.52B	783.04B	870.52B
EBIT	36.16B	48.03B	75.26B	102.62B	144.76B	97.60B	103.30B	83.53B	119.55B	155.47B	166.58B	157.27B	108.47B	46.00B	72.70B	128.34B	242.88B	349.20B	387.66B	414.82B
Total operating expenses	-80.48B	-136.17B	-194.86B	-270.90B	-273.53B	-497.07B	-611.21B	-685.51B	-737.91B	-764.93B	-798.74B	-797.41B	-717.92B	-761.80B	-774.06B	-877.82B	-922.59B	-1.04T	-1.11T	-1.32T
Prepaid expenses	4.28B	9.12B	18.73B	31.51B	55.46B	12.81B	12.86B	9.08B	8.54B	10.21B	15.59B	11.49B	9.28B	8.20B	9.63B	9.09B	10.49B	11.76B	11.78B	13.11B
Deferred income, current	—	—	—	—	—	30.60B	43.28B	39.56B	44.90B	50.07B	51.34B	48.78B	48.67B	43.99B	54.59B	63.13B	75.93B	85.00B	87.26B	97.93B
Capital and operating lease obligations	0	0	0	0	0	0	0	0	0	0	57.09B	48.83B	47.55B	243.68B	251.09B	251.09B	290.56B	508.30B	539.27B	556.70B
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	1.95B	2.39B	2.73B	—	15.97B	12.49B	11.62B	12.56B	16.85B	15.11B	53.68B	78.85B	10.61B	11.30B	16.88B	16.11B	24.49B	20.76B	58.79B	111.06B
Deferred income, non-current	0	0	0	0	0	8.70B	2.89B	9.69B	14.01B	17.92B	18.48B	23.06B	48.82B	18.41B	25.03B	31.44B	31.62B	31.93B	35.61B	36.60B
Minority interest	1.09B	1.95B	10.14B	12.30B	28.56B	28.56B	27.70B	40.89B	42.10B	48.52B	54.98B	68.75B	88.14B	135.26B	249.85B	222.74B	253.81B	288.81B	235.45B	397.96B
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	0	0	0	0	-3.80B	-4.43B	-4.41B	-4.41B	-4.44B	-16.03B	-15.30B	-9.17B	-32.65B	-46.62B	-18.26B	-26.91B	-14.44B	-35.90B	-41.84B	-69.35B
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0