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Bharti Airtel share price today

Bharti Airtel Ltd · NSE: BHARTIARTL · Telecom Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly · research updated 5 August 2026

Bharti Airtel share price today: ₹2,067.60 at the NSE close on 4 November 2026, up 3.3% in a year. Bharti Airtel (NSE: BHARTIARTL) is worth ₹12,90,320 crore, trades at a P/E of 41.3 and has closed between ₹1,741.10 and ₹2,162.70 over the past 52 weeks. Latest change: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare).

MixedBusiness trend from the last 12 quarters
₹2,067.60Price +3.3% in a year
41.3×P/E lower than 73% of the last 11 years
₹58,539 CrRevenue (Jun 2026) +18.3% on a year ago
₹10,012 CrProfit (Jun 2026) +34.9% on a year ago
57.0%Operating margin +1.0 points on a year ago
18%ROCE FY26
15.1%ROIC against a 12.0% cost of capital: +3.1 points

Bharti Airtel Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: the share price moved +3.3% in a year while yearly earnings per share moved −25.6%. The difference came from the market paying a higher multiple.

The price has been falling for 4 weeks, and the P/E is lower than 73% of its own last 11 years. Over the last four quarters, results have been improving, with profit +34.9% on a year earlier, and 375% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Bharti Airtel share price today?

Bharti Airtel Ltd's share price was ₹2,067.60 at the close on 4 November 2026. It has been falling for 4 weeks. That is 9.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,741 and ₹2,163, and at that close it sat 77% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Bharti Airtel Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 5 weeks in a row.

1Y

Nov 2026: ₹2,068, 9.6% above its 200-day average. The price has been falling for 4 weeks.

  • Price ₹2,068
  • 50-day avg ₹1,871
  • 200-day avg ₹1,886
Nov 2026: ₹2,068, 9.6% above its 200-day average. The price has been falling for 4 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹2,055₹1,965₹1,837
7 Nov 2025₹2,001₹1,980₹1,846
14 Nov 2025₹2,101₹1,996₹1,857
21 Nov 2025₹2,163₹2,024₹1,871
28 Nov 2025₹2,102₹2,043₹1,884
5 Dec 2025₹2,109₹2,053₹1,894
12 Dec 2025₹2,083₹2,057₹1,903
19 Dec 2025₹2,098₹2,064₹1,912
26 Dec 2025₹2,105₹2,073₹1,921
2 Jan 2026₹2,106₹2,078₹1,929
9 Jan 2026₹2,027₹2,078₹1,937
16 Jan 2026₹2,016₹2,070₹1,940
23 Jan 2026₹1,985₹2,057₹1,943
1 Feb 2026₹1,949₹2,040₹1,944
6 Feb 2026₹2,038₹2,034₹1,947
13 Feb 2026₹2,005₹2,030₹1,950
20 Feb 2026₹1,977₹2,026₹1,953
27 Feb 2026₹1,879₹2,009₹1,952
6 Mar 2026₹1,871₹1,991₹1,950
13 Mar 2026₹1,803₹1,961₹1,943
20 Mar 2026₹1,846₹1,937₹1,938
27 Mar 2026₹1,844₹1,920₹1,933
2 Apr 2026₹1,790₹1,904₹1,929
10 Apr 2026₹1,870₹1,894₹1,925
17 Apr 2026₹1,847₹1,888₹1,922
24 Apr 2026₹1,815₹1,878₹1,918
30 Apr 2026₹1,887₹1,876₹1,915
8 May 2026₹1,835₹1,867₹1,911
15 May 2026₹1,905₹1,859₹1,907
22 May 2026₹1,871₹1,866₹1,906
29 May 2026₹1,829₹1,864₹1,904
4 Jun 2026₹1,819₹1,857₹1,901
5 Jun 2026₹1,798₹1,855₹1,900
10 Jun 2026₹1,775₹1,848₹1,897
12 Jun 2026₹1,823₹1,845₹1,895
17 Jun 2026₹1,876₹1,846₹1,894
19 Jun 2026₹1,911₹1,850₹1,894
24 Jun 2026₹1,877₹1,855₹1,894
25 Jun 2026₹1,851₹1,855₹1,893
1 Jul 2026₹1,871₹1,855₹1,892
3 Jul 2026₹1,910₹1,858₹1,892
10 Jul 2026₹1,920₹1,869₹1,894
17 Jul 2026₹1,909₹1,878₹1,895
24 Jul 2026₹1,898₹1,888₹1,897
31 Jul 2026₹1,972₹1,897₹1,899
7 Aug 2026₹1,960₹1,909₹1,902
14 Aug 2026₹1,992₹1,916₹1,904
21 Aug 2026₹1,946₹1,921₹1,906
28 Aug 2026₹1,882₹1,919₹1,906
4 Sep 2026₹1,840₹1,907₹1,903
11 Sep 2026₹1,831₹1,894₹1,900
18 Sep 2026₹1,893₹1,887₹1,898
25 Sep 2026₹1,785₹1,874₹1,894
1 Oct 2026₹1,741₹1,857₹1,889
9 Oct 2026₹1,805₹1,848₹1,885
16 Oct 2026₹1,905₹1,845₹1,882
23 Oct 2026₹1,892₹1,851₹1,882
30 Oct 2026₹1,974₹1,871₹1,886
4 Nov 2026₹2,068₹1,871₹1,886
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹2,068, 9.6% above its 200-day average. The price has been falling for 4 weeks.

  • Price ₹2,068
  • 50-day avg ₹1,871
  • 200-day avg ₹1,886
Nov 2026: ₹2,068, 9.6% above its 200-day average. The price has been falling for 4 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹931₹914₹853
12 Nov 2023₹938₹919₹858
17 Nov 2023₹947₹923₹861
24 Nov 2023₹973₹932₹867
1 Dec 2023₹1,015₹942₹872
8 Dec 2023₹1,000₹956₹879
15 Dec 2023₹993₹963₹885
22 Dec 2023₹990₹967₹890
29 Dec 2023₹1,032₹975₹895
5 Jan 2024₹1,047₹986₹902
12 Jan 2024₹1,076₹1,000₹910
20 Jan 2024₹1,124₹1,022₹921
25 Jan 2024₹1,161₹1,039₹928
2 Feb 2024₹1,151₹1,061₹939
9 Feb 2024₹1,120₹1,073₹949
16 Feb 2024₹1,120₹1,081₹957
23 Feb 2024₹1,126₹1,091₹966
2 Mar 2024₹1,131₹1,099₹975
7 Mar 2024₹1,200₹1,110₹983
15 Mar 2024₹1,220₹1,126₹993
22 Mar 2024₹1,236₹1,144₹1,005
28 Mar 2024₹1,229₹1,153₹1,011
5 Apr 2024₹1,191₹1,163₹1,021
12 Apr 2024₹1,226₹1,171₹1,029
19 Apr 2024₹1,289₹1,183₹1,037
26 Apr 2024₹1,326₹1,209₹1,051
3 May 2024₹1,277₹1,224₹1,061
10 May 2024₹1,301₹1,235₹1,072
18 May 2024₹1,348₹1,254₹1,087
24 May 2024₹1,389₹1,270₹1,098
31 May 2024₹1,373₹1,289₹1,111
7 Jun 2024₹1,425₹1,304₹1,124
14 Jun 2024₹1,427₹1,326₹1,139
21 Jun 2024₹1,416₹1,338₹1,149
28 Jun 2024₹1,444₹1,357₹1,163
5 Jul 2024₹1,430₹1,370₹1,176
12 Jul 2024₹1,433₹1,382₹1,189
19 Jul 2024₹1,462₹1,394₹1,200
26 Jul 2024₹1,514₹1,408₹1,213
2 Aug 2024₹1,494₹1,423₹1,226
9 Aug 2024₹1,464₹1,428₹1,238
16 Aug 2024₹1,484₹1,434₹1,247
23 Aug 2024₹1,507₹1,442₹1,258
30 Aug 2024₹1,589₹1,462₹1,272
6 Sep 2024₹1,539₹1,479₹1,286
13 Sep 2024₹1,634₹1,500₹1,301
20 Sep 2024₹1,712₹1,530₹1,319
27 Sep 2024₹1,735₹1,571₹1,340
4 Oct 2024₹1,641₹1,587₹1,353
11 Oct 2024₹1,687₹1,603₹1,369
18 Oct 2024₹1,708₹1,622₹1,386
25 Oct 2024₹1,666₹1,633₹1,400
1 Nov 2024₹1,616₹1,633₹1,411
8 Nov 2024₹1,570₹1,624₹1,420
14 Nov 2024₹1,551₹1,614₹1,425
22 Nov 2024₹1,569₹1,603₹1,430
29 Nov 2024₹1,627₹1,599₹1,437
6 Dec 2024₹1,598₹1,602₹1,446
13 Dec 2024₹1,682₹1,604₹1,454
20 Dec 2024₹1,578₹1,605₹1,461
27 Dec 2024₹1,600₹1,603₹1,467
3 Jan 2025₹1,599₹1,602₹1,473
10 Jan 2025₹1,616₹1,602₹1,479
17 Jan 2025₹1,628₹1,604₹1,486
24 Jan 2025₹1,645₹1,610₹1,493
1 Feb 2025₹1,623₹1,612₹1,500
7 Feb 2025₹1,677₹1,619₹1,508
14 Feb 2025₹1,717₹1,635₹1,518
21 Feb 2025₹1,639₹1,639₹1,524
28 Feb 2025₹1,570₹1,635₹1,528
7 Mar 2025₹1,631₹1,631₹1,532
13 Mar 2025₹1,633₹1,632₹1,536
21 Mar 2025₹1,726₹1,639₹1,543
28 Mar 2025₹1,733₹1,655₹1,552
4 Apr 2025₹1,743₹1,668₹1,559
11 Apr 2025₹1,757₹1,676₹1,565
17 Apr 2025₹1,889₹1,694₹1,573
25 Apr 2025₹1,817₹1,723₹1,587
2 May 2025₹1,852₹1,741₹1,597
9 May 2025₹1,848₹1,766₹1,611
16 May 2025₹1,814₹1,779₹1,622
23 May 2025₹1,832₹1,787₹1,632
30 May 2025₹1,856₹1,799₹1,643
6 Jun 2025₹1,870₹1,811₹1,653
13 Jun 2025₹1,840₹1,819₹1,663
20 Jun 2025₹1,937₹1,830₹1,674
27 Jun 2025₹2,027₹1,857₹1,688
4 Jul 2025₹2,017₹1,886₹1,705
11 Jul 2025₹1,922₹1,905₹1,719
18 Jul 2025₹1,901₹1,909₹1,729
25 Jul 2025₹1,938₹1,912₹1,738
1 Aug 2025₹1,884₹1,911₹1,747
8 Aug 2025₹1,859₹1,911₹1,755
14 Aug 2025₹1,874₹1,904₹1,759
22 Aug 2025₹1,933₹1,907₹1,767
29 Aug 2025₹1,889₹1,906₹1,772
5 Sep 2025₹1,895₹1,903₹1,778
12 Sep 2025₹1,903₹1,902₹1,784
19 Sep 2025₹1,962₹1,909₹1,791
26 Sep 2025₹1,917₹1,913₹1,798
3 Oct 2025₹1,897₹1,909₹1,802
10 Oct 2025₹1,940₹1,914₹1,808
17 Oct 2025₹2,012₹1,924₹1,816
24 Oct 2025₹2,029₹1,940₹1,824
31 Oct 2025₹2,055₹1,965₹1,837
7 Nov 2025₹2,001₹1,980₹1,846
14 Nov 2025₹2,101₹1,996₹1,857
21 Nov 2025₹2,163₹2,024₹1,871
28 Nov 2025₹2,102₹2,043₹1,884
5 Dec 2025₹2,109₹2,053₹1,894
12 Dec 2025₹2,083₹2,057₹1,903
19 Dec 2025₹2,098₹2,064₹1,912
26 Dec 2025₹2,105₹2,073₹1,921
2 Jan 2026₹2,106₹2,078₹1,929
9 Jan 2026₹2,027₹2,078₹1,937
16 Jan 2026₹2,016₹2,070₹1,940
23 Jan 2026₹1,985₹2,057₹1,943
1 Feb 2026₹1,949₹2,040₹1,944
6 Feb 2026₹2,038₹2,034₹1,947
13 Feb 2026₹2,005₹2,030₹1,950
20 Feb 2026₹1,977₹2,026₹1,953
27 Feb 2026₹1,879₹2,009₹1,952
6 Mar 2026₹1,871₹1,991₹1,950
13 Mar 2026₹1,803₹1,961₹1,943
20 Mar 2026₹1,846₹1,937₹1,938
27 Mar 2026₹1,844₹1,920₹1,933
2 Apr 2026₹1,790₹1,904₹1,929
10 Apr 2026₹1,870₹1,894₹1,925
17 Apr 2026₹1,847₹1,888₹1,922
24 Apr 2026₹1,815₹1,878₹1,918
30 Apr 2026₹1,887₹1,876₹1,915
8 May 2026₹1,835₹1,867₹1,911
15 May 2026₹1,905₹1,859₹1,907
22 May 2026₹1,871₹1,866₹1,906
29 May 2026₹1,829₹1,864₹1,904
4 Jun 2026₹1,819₹1,857₹1,901
5 Jun 2026₹1,798₹1,855₹1,900
10 Jun 2026₹1,775₹1,848₹1,897
12 Jun 2026₹1,823₹1,845₹1,895
17 Jun 2026₹1,876₹1,846₹1,894
19 Jun 2026₹1,911₹1,850₹1,894
24 Jun 2026₹1,877₹1,855₹1,894
25 Jun 2026₹1,851₹1,855₹1,893
1 Jul 2026₹1,871₹1,855₹1,892
3 Jul 2026₹1,910₹1,858₹1,892
10 Jul 2026₹1,920₹1,869₹1,894
17 Jul 2026₹1,909₹1,878₹1,895
24 Jul 2026₹1,898₹1,888₹1,897
31 Jul 2026₹1,972₹1,897₹1,899
7 Aug 2026₹1,960₹1,909₹1,902
14 Aug 2026₹1,992₹1,916₹1,904
21 Aug 2026₹1,946₹1,921₹1,906
28 Aug 2026₹1,882₹1,919₹1,906
4 Sep 2026₹1,840₹1,907₹1,903
11 Sep 2026₹1,831₹1,894₹1,900
18 Sep 2026₹1,893₹1,887₹1,898
25 Sep 2026₹1,785₹1,874₹1,894
1 Oct 2026₹1,741₹1,857₹1,889
9 Oct 2026₹1,805₹1,848₹1,885
16 Oct 2026₹1,905₹1,845₹1,882
23 Oct 2026₹1,892₹1,851₹1,882
30 Oct 2026₹1,974₹1,871₹1,886
4 Nov 2026₹2,068₹1,871₹1,886
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹2,068, 9.6% above its 200-day average. The price has been falling for 4 weeks.

  • Price ₹2,068
  • 50-day avg ₹1,871
  • 200-day avg ₹1,886
Nov 2026: ₹2,068, 9.6% above its 200-day average. The price has been falling for 4 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹685₹668₹587
12 Nov 2021₹744₹684₹598
26 Nov 2021₹739₹701₹611
10 Dec 2021₹711₹706₹621
24 Dec 2021₹677₹697₹626
7 Jan 2022₹705₹695₹632
21 Jan 2022₹695₹702₹640
4 Feb 2022₹720₹706₹647
18 Feb 2022₹713₹708₹653
4 Mar 2022₹654₹701₹656
17 Mar 2022₹723₹700₹659
1 Apr 2022₹759₹711₹666
13 Apr 2022₹741₹724₹673
29 Apr 2022₹739₹729₹680
13 May 2022₹690₹725₹683
27 May 2022₹684₹713₹683
10 Jun 2022₹673₹704₹684
24 Jun 2022₹671₹689₹681
8 Jul 2022₹695₹688₹682
22 Jul 2022₹679₹680₹680
5 Aug 2022₹704₹682₹680
19 Aug 2022₹732₹692₹683
2 Sep 2022₹735₹704₹687
16 Sep 2022₹780₹726₹695
30 Sep 2022₹800₹742₹703
14 Oct 2022₹766₹755₹710
28 Oct 2022₹817₹768₹717
11 Nov 2022₹827₹784₹727
25 Nov 2022₹847₹804₹738
9 Dec 2022₹835₹815₹747
23 Dec 2022₹809₹818₹755
6 Jan 2023₹796₹816₹760
20 Jan 2023₹764₹801₹761
3 Feb 2023₹793₹794₹762
17 Feb 2023₹777₹788₹764
3 Mar 2023₹764₹779₹764
17 Mar 2023₹757₹774₹764
31 Mar 2023₹749₹768₹763
13 Apr 2023₹767₹768₹763
28 Apr 2023₹799₹770₹764
12 May 2023₹792₹776₹766
26 May 2023₹818₹785₹770
9 Jun 2023₹834₹801₹776
23 Jun 2023₹855₹813₹782
7 Jul 2023₹870₹830₹789
21 Jul 2023₹886₹847₹798
4 Aug 2023₹890₹860₹806
18 Aug 2023₹856₹863₹812
1 Sep 2023₹866₹864₹817
15 Sep 2023₹936₹874₹824
29 Sep 2023₹926₹887₹832
13 Oct 2023₹954₹903₹841
27 Oct 2023₹915₹912₹850
12 Nov 2023₹938₹919₹858
24 Nov 2023₹973₹932₹867
8 Dec 2023₹1,000₹956₹879
22 Dec 2023₹990₹967₹890
5 Jan 2024₹1,047₹986₹902
20 Jan 2024₹1,124₹1,022₹921
2 Feb 2024₹1,151₹1,061₹939
16 Feb 2024₹1,120₹1,081₹957
2 Mar 2024₹1,131₹1,099₹975
15 Mar 2024₹1,220₹1,126₹993
28 Mar 2024₹1,229₹1,153₹1,011
12 Apr 2024₹1,226₹1,171₹1,029
26 Apr 2024₹1,326₹1,209₹1,051
10 May 2024₹1,301₹1,235₹1,072
24 May 2024₹1,389₹1,270₹1,098
7 Jun 2024₹1,425₹1,304₹1,124
21 Jun 2024₹1,416₹1,338₹1,149
5 Jul 2024₹1,430₹1,370₹1,176
19 Jul 2024₹1,462₹1,394₹1,200
2 Aug 2024₹1,494₹1,423₹1,226
16 Aug 2024₹1,484₹1,434₹1,247
30 Aug 2024₹1,589₹1,462₹1,272
13 Sep 2024₹1,634₹1,500₹1,301
27 Sep 2024₹1,735₹1,571₹1,340
11 Oct 2024₹1,687₹1,603₹1,369
25 Oct 2024₹1,666₹1,633₹1,400
8 Nov 2024₹1,570₹1,624₹1,420
22 Nov 2024₹1,569₹1,603₹1,430
6 Dec 2024₹1,598₹1,602₹1,446
20 Dec 2024₹1,578₹1,605₹1,461
3 Jan 2025₹1,599₹1,602₹1,473
17 Jan 2025₹1,628₹1,604₹1,486
1 Feb 2025₹1,623₹1,612₹1,500
14 Feb 2025₹1,717₹1,635₹1,518
28 Feb 2025₹1,570₹1,635₹1,528
13 Mar 2025₹1,633₹1,632₹1,536
28 Mar 2025₹1,733₹1,655₹1,552
11 Apr 2025₹1,757₹1,676₹1,565
25 Apr 2025₹1,817₹1,723₹1,587
9 May 2025₹1,848₹1,766₹1,611
23 May 2025₹1,832₹1,787₹1,632
6 Jun 2025₹1,870₹1,811₹1,653
20 Jun 2025₹1,937₹1,830₹1,674
4 Jul 2025₹2,017₹1,886₹1,705
18 Jul 2025₹1,901₹1,909₹1,729
1 Aug 2025₹1,884₹1,911₹1,747
14 Aug 2025₹1,874₹1,904₹1,759
29 Aug 2025₹1,889₹1,906₹1,772
12 Sep 2025₹1,903₹1,902₹1,784
26 Sep 2025₹1,917₹1,913₹1,798
10 Oct 2025₹1,940₹1,914₹1,808
24 Oct 2025₹2,029₹1,940₹1,824
7 Nov 2025₹2,001₹1,980₹1,846
21 Nov 2025₹2,163₹2,024₹1,871
5 Dec 2025₹2,109₹2,053₹1,894
19 Dec 2025₹2,098₹2,064₹1,912
2 Jan 2026₹2,106₹2,078₹1,929
16 Jan 2026₹2,016₹2,070₹1,940
1 Feb 2026₹1,949₹2,040₹1,944
13 Feb 2026₹2,005₹2,030₹1,950
27 Feb 2026₹1,879₹2,009₹1,952
13 Mar 2026₹1,803₹1,961₹1,943
27 Mar 2026₹1,844₹1,920₹1,933
10 Apr 2026₹1,870₹1,894₹1,925
24 Apr 2026₹1,815₹1,878₹1,918
8 May 2026₹1,835₹1,867₹1,911
22 May 2026₹1,871₹1,866₹1,906
4 Jun 2026₹1,819₹1,857₹1,901
10 Jun 2026₹1,775₹1,848₹1,897
17 Jun 2026₹1,876₹1,846₹1,894
24 Jun 2026₹1,877₹1,855₹1,894
1 Jul 2026₹1,871₹1,855₹1,892
10 Jul 2026₹1,920₹1,869₹1,894
24 Jul 2026₹1,898₹1,888₹1,897
7 Aug 2026₹1,960₹1,909₹1,902
21 Aug 2026₹1,946₹1,921₹1,906
4 Sep 2026₹1,840₹1,907₹1,903
18 Sep 2026₹1,893₹1,887₹1,898
1 Oct 2026₹1,741₹1,857₹1,889
16 Oct 2026₹1,905₹1,845₹1,882
30 Oct 2026₹1,974₹1,871₹1,886
4 Nov 2026₹2,068₹1,871₹1,886
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹2,068, 9.6% above its 200-day average. The price has been falling for 4 weeks.

  • Price ₹2,068
  • 50-day avg ₹1,871
  • 200-day avg ₹1,886
Nov 2026: ₹2,068, 9.6% above its 200-day average. The price has been falling for 4 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹287₹292₹307
18 Nov 2016₹274₹285₹303
9 Dec 2016₹299₹286₹301
30 Dec 2016₹275₹282₹297
20 Jan 2017₹289₹284₹296
10 Feb 2017₹322₹295₹298
3 Mar 2017₹321₹309₹301
24 Mar 2017₹307₹313₹304
13 Apr 2017₹307₹312₹305
5 May 2017₹311₹313₹306
26 May 2017₹337₹321₹309
16 Jun 2017₹329₹326₹312
7 Jul 2017₹348₹332₹316
28 Jul 2017₹372₹350₹324
18 Aug 2017₹379₹361₹330
8 Sep 2017₹364₹368₹337
29 Sep 2017₹351₹362₹339
19 Oct 2017₹427₹368₹343
10 Nov 2017₹454₹410₹360
1 Dec 2017₹436₹426₹372
22 Dec 2017₹476₹445₹385
12 Jan 2018₹459₹456₹396
2 Feb 2018₹381₹440₹400
23 Feb 2018₹384₹416₹398
16 Mar 2018₹376₹399₹395
6 Apr 2018₹347₹384₹391
27 Apr 2018₹368₹372₹386
18 May 2018₹326₹363₹382
8 Jun 2018₹340₹351₹375
29 Jun 2018₹344₹346₹370
20 Jul 2018₹311₹334₹364
10 Aug 2018₹333₹335₹360
31 Aug 2018₹346₹336₹357
21 Sep 2018₹334₹338₹355
12 Oct 2018₹261₹315₹346
2 Nov 2018₹272₹294₹336
22 Nov 2018₹295₹290₹329
14 Dec 2018₹288₹285₹322
4 Jan 2019₹291₹285₹318
25 Jan 2019₹277₹287₹314
15 Feb 2019₹275₹283₹309
8 Mar 2019₹278₹282₹305
29 Mar 2019₹300₹290₹304
18 Apr 2019₹313₹300₹306
10 May 2019₹318₹307₹307
31 May 2019₹342₹319₹311
21 Jun 2019₹337₹330₹315
12 Jul 2019₹350₹339₹320
2 Aug 2019₹337₹336₹322
23 Aug 2019₹350₹343₹326
13 Sep 2019₹337₹343₹328
4 Oct 2019₹333₹342₹329
27 Oct 2019₹366₹353₹334
15 Nov 2019₹386₹358₹338
6 Dec 2019₹437₹392₹351
27 Dec 2019₹447₹411₹362
17 Jan 2020₹491₹431₹375
7 Feb 2020₹530₹466₹394
28 Feb 2020₹514₹494₹412
20 Mar 2020₹454₹485₹420
9 Apr 2020₹480₹466₹422
30 Apr 2020₹505₹476₹430
22 May 2020₹582₹509₹446
12 Jun 2020₹550₹528₹460
3 Jul 2020₹571₹540₹473
24 Jul 2020₹549₹549₹485
14 Aug 2020₹519₹545₹493
4 Sep 2020₹514₹533₹497
25 Sep 2020₹432₹502₹493
16 Oct 2020₹394₹463₹482
6 Nov 2020₹442₹449₹475
27 Nov 2020₹455₹456₹474
18 Dec 2020₹501₹472₹476
8 Jan 2021₹530₹488₹480
29 Jan 2021₹543₹522₹492
19 Feb 2021₹571₹549₹504
12 Mar 2021₹515₹542₹508
1 Apr 2021₹511₹530₹509
23 Apr 2021₹513₹527₹511
14 May 2021₹550₹535₹515
4 Jun 2021₹523₹528₹516
25 Jun 2021₹525₹528₹517
16 Jul 2021₹531₹524₹518
6 Aug 2021₹597₹537₹522
27 Aug 2021₹584₹566₹533
17 Sep 2021₹715₹611₹551
8 Oct 2021₹696₹651₹572
29 Oct 2021₹685₹668₹587
18 Nov 2021₹714₹690₹603
10 Dec 2021₹711₹706₹621
31 Dec 2021₹684₹694₹629
21 Jan 2022₹695₹702₹640
11 Feb 2022₹715₹708₹650
4 Mar 2022₹654₹701₹656
25 Mar 2022₹709₹702₹662
13 Apr 2022₹741₹724₹673
6 May 2022₹710₹728₹681
27 May 2022₹684₹713₹683
17 Jun 2022₹644₹697₹683
8 Jul 2022₹695₹688₹682
29 Jul 2022₹678₹679₹680
19 Aug 2022₹732₹692₹683
9 Sep 2022₹766₹714₹691
30 Sep 2022₹800₹742₹703
21 Oct 2022₹797₹761₹714
11 Nov 2022₹827₹784₹727
2 Dec 2022₹849₹811₹743
23 Dec 2022₹809₹818₹755
13 Jan 2023₹764₹809₹761
3 Feb 2023₹793₹794₹762
24 Feb 2023₹757₹785₹764
17 Mar 2023₹757₹774₹764
6 Apr 2023₹766₹768₹763
28 Apr 2023₹799₹770₹764
19 May 2023₹806₹780₹768
9 Jun 2023₹834₹801₹776
30 Jun 2023₹879₹821₹785
21 Jul 2023₹886₹847₹798
11 Aug 2023₹871₹864₹810
1 Sep 2023₹866₹864₹817
22 Sep 2023₹911₹880₹828
13 Oct 2023₹954₹903₹841
3 Nov 2023₹931₹914₹853
24 Nov 2023₹973₹932₹867
15 Dec 2023₹993₹963₹885
5 Jan 2024₹1,047₹986₹902
25 Jan 2024₹1,161₹1,039₹928
16 Feb 2024₹1,120₹1,081₹957
7 Mar 2024₹1,200₹1,110₹983
28 Mar 2024₹1,229₹1,153₹1,011
19 Apr 2024₹1,289₹1,183₹1,037
10 May 2024₹1,301₹1,235₹1,072
31 May 2024₹1,373₹1,289₹1,111
21 Jun 2024₹1,416₹1,338₹1,149
12 Jul 2024₹1,433₹1,382₹1,189
2 Aug 2024₹1,494₹1,423₹1,226
23 Aug 2024₹1,507₹1,442₹1,258
13 Sep 2024₹1,634₹1,500₹1,301
4 Oct 2024₹1,641₹1,587₹1,353
25 Oct 2024₹1,666₹1,633₹1,400
14 Nov 2024₹1,551₹1,614₹1,425
6 Dec 2024₹1,598₹1,602₹1,446
27 Dec 2024₹1,600₹1,603₹1,467
17 Jan 2025₹1,628₹1,604₹1,486
7 Feb 2025₹1,677₹1,619₹1,508
28 Feb 2025₹1,570₹1,635₹1,528
21 Mar 2025₹1,726₹1,639₹1,543
11 Apr 2025₹1,757₹1,676₹1,565
2 May 2025₹1,852₹1,741₹1,597
23 May 2025₹1,832₹1,787₹1,632
13 Jun 2025₹1,840₹1,819₹1,663
4 Jul 2025₹2,017₹1,886₹1,705
25 Jul 2025₹1,938₹1,912₹1,738
14 Aug 2025₹1,874₹1,904₹1,759
5 Sep 2025₹1,895₹1,903₹1,778
26 Sep 2025₹1,917₹1,913₹1,798
17 Oct 2025₹2,012₹1,924₹1,816
7 Nov 2025₹2,001₹1,980₹1,846
28 Nov 2025₹2,102₹2,043₹1,884
19 Dec 2025₹2,098₹2,064₹1,912
9 Jan 2026₹2,027₹2,078₹1,937
1 Feb 2026₹1,949₹2,040₹1,944
20 Feb 2026₹1,977₹2,026₹1,953
13 Mar 2026₹1,803₹1,961₹1,943
2 Apr 2026₹1,790₹1,904₹1,929
24 Apr 2026₹1,815₹1,878₹1,918
15 May 2026₹1,905₹1,859₹1,907
4 Jun 2026₹1,819₹1,857₹1,901
12 Jun 2026₹1,823₹1,845₹1,895
24 Jun 2026₹1,877₹1,855₹1,894
3 Jul 2026₹1,910₹1,858₹1,892
24 Jul 2026₹1,898₹1,888₹1,897
14 Aug 2026₹1,992₹1,916₹1,904
4 Sep 2026₹1,840₹1,907₹1,903
25 Sep 2026₹1,785₹1,874₹1,894
16 Oct 2026₹1,905₹1,845₹1,882
4 Nov 2026₹2,068₹1,871₹1,886
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Rising from Oct 2025 to Mar 2026; Falling from Apr 2026 to Jul 2026; Sideways from Jul 2026 to Aug 2026; Rising from Sep 2026 to Oct 2026; Falling in Oct 2026.

Price stage: Rising from Nov 2023 to Mar 2026; Falling from Apr 2026 to Jul 2026; Sideways from Jul 2026 to Aug 2026; Rising from Sep 2026 to Oct 2026; Falling in Oct 2026.

Price stage: Rising from Oct 2021 to Mar 2023; Sideways from Mar 2023 to May 2023; Rising from Jun 2023 to Mar 2026; Falling from Apr 2026 to Oct 2026.

Price stage: Falling from Oct 2016 to Mar 2017; Rising from Mar 2017 to Mar 2018; Falling from Apr 2018 to May 2019; Rising from May 2019 to Sep 2020; Falling from Oct 2020 to Jan 2021; Rising from Jan 2021 to Mar 2023; Sideways from Apr 2023 to May 2023; Rising from Jun 2023 to Mar 2026; Falling from Apr 2026 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 312 of 549 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016−5.9%
17 Jun 2016−3.3%
24 Jun 2016−8.0%
1 Jul 2016−0.7%
8 Jul 2016−3.0%
15 Jul 2016−0.8%
22 Jul 2016−5.1%
29 Jul 2016−12.0%
5 Aug 2016−9.0%
12 Aug 2016−12.9%
19 Aug 2016−8.7%
26 Aug 2016−12.0%
2 Sep 2016−21.2%
9 Sep 2016−16.9%
16 Sep 2016−18.4%
23 Sep 2016−16.9%
30 Sep 2016−22.1%
7 Oct 2016−15.0%
14 Oct 2016−23.4%
21 Oct 2016−18.1%
30 Oct 2016−12.2%
4 Nov 2016−15.3%
11 Nov 2016−7.7%
18 Nov 2016−6.7%
25 Nov 2016−7.0%
2 Dec 2016+8.3%
9 Dec 2016+9.1%
16 Dec 2016+3.8%
23 Dec 2016−0.7%
30 Dec 2016+4.4%
6 Jan 2017+4.3%
13 Jan 2017+8.0%
20 Jan 2017+4.3%
27 Jan 2017−2.1%
3 Feb 2017+10.3%
10 Feb 2017+9.9%
17 Feb 2017+9.5%
23 Feb 2017+12.1%
3 Mar 2017+1.2%
10 Mar 2017−2.2%
17 Mar 2017−1.7%
24 Mar 2017−0.8%
31 Mar 2017−0.6%
7 Apr 2017−4.2%
13 Apr 2017−4.1%
21 Apr 2017−4.0%
28 Apr 2017+0.3%
5 May 2017−11.8%
12 May 2017−9.4%
19 May 2017−4.1%
26 May 2017−5.7%
2 Jun 2017−4.5%
9 Jun 2017−6.4%
16 Jun 2017−2.6%
23 Jun 2017+3.3%
30 Jun 2017+4.1%
7 Jul 2017+5.7%
14 Jul 2017+11.6%
21 Jul 2017+13.7%
28 Jul 2017+9.5%
4 Aug 2017+18.3%
11 Aug 2017+10.7%
18 Aug 2017+7.0%
24 Aug 2017+12.2%
1 Sep 2017+9.6%
8 Sep 2017+4.4%
15 Sep 2017+2.7%
22 Sep 2017+5.0%
29 Sep 2017−0.5%
6 Oct 2017−3.3%
13 Oct 2017+2.1%
19 Oct 2017+11.6%
27 Oct 2017+12.3%
3 Nov 2017+23.0%
10 Nov 2017+17.5%
17 Nov 2017+10.1%
24 Nov 2017+8.0%
1 Dec 2017+11.6%
8 Dec 2017+27.5%
15 Dec 2017+26.0%
22 Dec 2017+22.9%
29 Dec 2017+27.6%
5 Jan 2018+31.7%
12 Jan 2018+10.4%
19 Jan 2018−3.6%
25 Jan 2018−11.7%
2 Feb 2018−22.9%
9 Feb 2018−20.0%
16 Feb 2018−14.6%
23 Feb 2018−14.5%
1 Mar 2018−11.1%
9 Mar 2018−24.0%
16 Mar 2018−15.1%
23 Mar 2018−16.3%
28 Mar 2018−19.8%
6 Apr 2018−24.6%
13 Apr 2018−22.0%
20 Apr 2018−14.1%
27 Apr 2018−7.1%
4 May 2018−8.4%
11 May 2018−8.5%
18 May 2018−12.8%
25 May 2018−11.3%
1 Jun 2018−13.3%
8 Jun 2018−8.7%
15 Jun 2018−12.9%
22 Jun 2018−11.7%
29 Jun 2018−6.6%
6 Jul 2018−7.1%
13 Jul 2018−4.6%
20 Jul 2018−15.1%
27 Jul 2018−13.0%
3 Aug 2018−9.1%
10 Aug 2018−8.6%
17 Aug 2018−6.0%
24 Aug 2018−9.9%
31 Aug 2018−6.0%
7 Sep 2018+0.3%
14 Sep 2018−1.5%
21 Sep 2018−3.0%
28 Sep 2018−9.9%
5 Oct 2018−11.2%
12 Oct 2018−13.7%
19 Oct 2018−7.4%
26 Oct 2018−9.0%
2 Nov 2018−11.0%
9 Nov 2018−10.7%
16 Nov 2018−1.1%
22 Nov 2018−1.3%
30 Nov 2018−10.8%
7 Dec 2018−15.4%
14 Dec 2018−13.6%
21 Dec 2018−14.1%
28 Dec 2018−7.0%
4 Jan 2019+3.7%
11 Jan 2019+11.0%
18 Jan 2019+2.3%
25 Jan 2019+1.7%
1 Feb 2019+1.1%
8 Feb 2019+4.9%
15 Feb 2019−7.4%
22 Feb 2019−3.8%
1 Mar 2019−4.1%
8 Mar 2019−3.2%
15 Mar 2019+2.5%
22 Mar 2019+2.6%
29 Mar 2019−0.9%
5 Apr 2019+5.2%
12 Apr 2019−4.8%
18 Apr 2019+4.7%
26 Apr 2019+6.5%
3 May 2019+13.3%
10 May 2019+9.6%
17 May 2019+8.9%
24 May 2019+13.5%
31 May 2019+16.5%
7 Jun 2019+22.8%
14 Jun 2019+14.2%
21 Jun 2019+11.0%
28 Jun 2019+12.3%
5 Jul 2019+13.7%
12 Jul 2019+15.9%
19 Jul 2019+12.2%
26 Jul 2019+9.3%
2 Aug 2019+8.9%
9 Aug 2019+16.6%
16 Aug 2019+17.7%
23 Aug 2019+9.0%
30 Aug 2019+10.0%
6 Sep 2019+5.3%
13 Sep 2019+3.9%
20 Sep 2019+7.2%
27 Sep 2019+6.0%
4 Oct 2019−4.6%
11 Oct 2019+10.3%
18 Oct 2019+9.6%
27 Oct 2019+3.9%
1 Nov 2019−1.2%
8 Nov 2019−7.9%
15 Nov 2019−1.2%
22 Nov 2019+8.6%
29 Nov 2019+16.8%
6 Dec 2019+20.5%
13 Dec 2019+13.6%
20 Dec 2019+21.7%
27 Dec 2019+23.3%
3 Jan 2020+27.4%
10 Jan 2020+10.7%
17 Jan 2020+25.2%
24 Jan 2020+37.6%
1 Feb 2020+30.9%
7 Feb 2020+41.9%
14 Feb 2020+41.4%
20 Feb 2020+31.7%
28 Feb 2020+23.7%
6 Mar 2020+27.3%
13 Mar 2020+43.9%
20 Mar 2020+33.8%
27 Mar 2020+30.3%
3 Apr 2020+20.0%
9 Apr 2020+34.1%
17 Apr 2020+24.7%
24 Apr 2020+16.4%
30 Apr 2020+27.3%
8 May 2020+21.9%
15 May 2020+23.6%
22 May 2020+29.8%
29 May 2020+17.0%
5 Jun 2020+16.3%
12 Jun 2020−2.2%
19 Jun 2020−2.6%
26 Jun 2020−1.7%
3 Jul 2020+14.5%
10 Jul 2020−0.7%
17 Jul 2020−7.3%
24 Jul 2020−3.5%
31 Jul 2020−12.1%
7 Aug 2020−15.3%
14 Aug 2020−31.3%
21 Aug 2020−38.3%
28 Aug 2020−21.3%
4 Sep 2020−22.5%
11 Sep 2020−30.6%
18 Sep 2020−21.8%
25 Sep 2020−30.7%
1 Oct 2020−35.5%
9 Oct 2020−38.4%
16 Oct 2020−37.0%
23 Oct 2020−28.2%
30 Oct 2020−29.3%
6 Nov 2020−31.3%
14 Nov 2020−21.4%
20 Nov 2020−17.6%
27 Nov 2020−25.6%
4 Dec 2020−26.0%
11 Dec 2020−14.9%
18 Dec 2020−18.8%
24 Dec 2020−5.5%
1 Jan 2021−2.4%
8 Jan 2021+3.7%
15 Jan 2021+26.2%
22 Jan 2021+12.9%
29 Jan 2021+3.0%
5 Feb 2021+8.9%
12 Feb 2021+2.8%
19 Feb 2021+2.4%
26 Feb 2021+2.5%
5 Mar 2021−5.6%
12 Mar 2021−4.9%
19 Mar 2021−4.9%
26 Mar 2021−6.0%
1 Apr 2021−5.2%
9 Apr 2021−0.3%
16 Apr 2021−10.1%
23 Apr 2021−17.8%
30 Apr 2021−5.0%
7 May 2021−2.9%
14 May 2021−6.1%
21 May 2021−13.2%
28 May 2021−9.9%
4 Jun 2021−5.6%
11 Jun 2021−6.5%
18 Jun 2021−8.4%
25 Jun 2021−7.0%
2 Jul 2021−8.4%
9 Jul 2021−13.8%
16 Jul 2021−11.9%
23 Jul 2021−3.6%
30 Jul 2021−7.9%
6 Aug 2021−3.7%
13 Aug 2021+3.6%
20 Aug 2021+7.4%
27 Aug 2021+4.0%
3 Sep 2021+13.1%
9 Sep 2021+15.7%
17 Sep 2021+23.5%
24 Sep 2021+26.2%
1 Oct 2021+20.1%
8 Oct 2021+17.7%
14 Oct 2021+13.8%
22 Oct 2021+15.0%
29 Oct 2021+14.9%
4 Nov 2021+5.6%
12 Nov 2021+9.3%
18 Nov 2021+11.8%
26 Nov 2021+24.9%
3 Dec 2021+9.3%
10 Dec 2021+6.0%
17 Dec 2021−4.5%
24 Dec 2021−5.2%
31 Dec 2021−0.6%
7 Jan 2022+1.1%
14 Jan 2022+5.7%
21 Jan 2022+4.3%
28 Jan 2022+4.4%
4 Feb 2022+6.0%
11 Feb 2022+0.5%
18 Feb 2022+3.3%
25 Feb 2022−2.8%
4 Mar 2022−1.7%
11 Mar 2022+0.9%
17 Mar 2022+8.2%
25 Mar 2022+4.5%
1 Apr 2022+11.4%
8 Apr 2022+11.5%
13 Apr 2022+6.8%
22 Apr 2022+6.8%
29 Apr 2022+9.1%
6 May 2022+6.9%
13 May 2022+2.4%
20 May 2022+2.9%
27 May 2022+0.2%
3 Jun 2022+5.7%
10 Jun 2022+4.5%
17 Jun 2022+0.2%
24 Jun 2022+4.6%
1 Jul 2022−0.1%
8 Jul 2022+0.5%
15 Jul 2022−7.4%
22 Jul 2022−4.8%
29 Jul 2022−11.6%
5 Aug 2022−9.7%
12 Aug 2022−7.6%
19 Aug 2022−5.0%
26 Aug 2022−2.0%
2 Sep 2022−3.3%
9 Sep 2022−3.1%
16 Sep 2022+3.4%
23 Sep 2022+6.0%
30 Sep 2022+9.0%
7 Oct 2022+6.1%
14 Oct 2022+11.1%
21 Oct 2022+11.2%
28 Oct 2022+16.3%
4 Nov 2022+12.1%
11 Nov 2022+14.7%
18 Nov 2022+11.7%
25 Nov 2022+11.8%
2 Dec 2022+11.9%
9 Dec 2022+6.9%
16 Dec 2022+4.4%
23 Dec 2022−0.7%
30 Dec 2022−2.1%
6 Jan 2023−2.8%
13 Jan 2023−2.9%
20 Jan 2023−4.2%
27 Jan 2023−1.0%
3 Feb 2023+0.6%
10 Feb 2023−2.7%
17 Feb 2023−1.8%
24 Feb 2023−2.6%
3 Mar 2023−4.0%
10 Mar 2023+3.0%
17 Mar 2023−1.1%
24 Mar 2023+1.3%
31 Mar 2023−2.6%
6 Apr 2023−1.4%
13 Apr 2023+4.3%
21 Apr 2023+1.3%
28 Apr 2023+0.3%
5 May 2023−3.6%
12 May 2023+0.0%
19 May 2023−1.8%
26 May 2023+0.5%
2 Jun 2023+2.2%
9 Jun 2023−4.6%
16 Jun 2023−1.7%
23 Jun 2023−1.4%
30 Jun 2023+4.5%
7 Jul 2023+2.3%
14 Jul 2023+1.5%
21 Jul 2023+2.6%
28 Jul 2023+1.6%
4 Aug 2023+3.1%
11 Aug 2023+0.7%
18 Aug 2023−3.0%
25 Aug 2023−0.8%
1 Sep 2023−4.5%
8 Sep 2023−2.7%
15 Sep 2023+4.3%
22 Sep 2023+0.1%
29 Sep 2023+2.3%
6 Oct 2023+1.8%
13 Oct 2023+5.3%
20 Oct 2023+7.9%
27 Oct 2023+2.9%
3 Nov 2023+3.1%
12 Nov 2023+3.2%
17 Nov 2023+6.6%
24 Nov 2023+5.9%
1 Dec 2023+9.1%
8 Dec 2023+5.9%
15 Dec 2023−1.6%
22 Dec 2023−2.7%
29 Dec 2023−1.7%
5 Jan 2024+0.9%
12 Jan 2024+0.4%
20 Jan 2024+2.8%
25 Jan 2024+8.5%
2 Feb 2024+7.1%
9 Feb 2024+6.4%
16 Feb 2024+4.0%
23 Feb 2024+3.9%
2 Mar 2024+6.3%
7 Mar 2024+15.2%
15 Mar 2024+18.4%
22 Mar 2024+20.8%
28 Mar 2024+12.6%
5 Apr 2024+6.6%
12 Apr 2024+9.1%
19 Apr 2024+8.1%
26 Apr 2024+8.2%
3 May 2024+8.0%
10 May 2024+12.0%
18 May 2024+14.8%
24 May 2024+17.2%
31 May 2024+14.2%
7 Jun 2024+7.0%
14 Jun 2024+3.8%
21 Jun 2024+2.9%
28 Jun 2024+6.6%
5 Jul 2024+10.2%
12 Jul 2024+3.3%
19 Jul 2024+2.8%
26 Jul 2024+2.1%
2 Aug 2024+6.6%
9 Aug 2024+3.2%
16 Aug 2024+0.0%
23 Aug 2024−2.6%
30 Aug 2024+3.0%
6 Sep 2024+0.8%
13 Sep 2024+7.0%
20 Sep 2024+12.3%
27 Sep 2024+13.9%
4 Oct 2024+12.1%
11 Oct 2024+15.7%
18 Oct 2024+17.2%
25 Oct 2024+13.3%
1 Nov 2024+7.4%
8 Nov 2024+10.6%
14 Nov 2024+10.4%
22 Nov 2024+8.1%
29 Nov 2024+5.1%
6 Dec 2024+4.5%
13 Dec 2024+6.9%
20 Dec 2024+0.3%
27 Dec 2024+0.0%
3 Jan 2025+3.2%
10 Jan 2025+4.7%
17 Jan 2025+1.6%
24 Jan 2025+5.3%
1 Feb 2025+5.8%
7 Feb 2025+11.4%
14 Feb 2025+16.5%
21 Feb 2025+14.5%
28 Feb 2025+8.8%
7 Mar 2025+15.3%
13 Mar 2025+6.1%
21 Mar 2025+14.4%
28 Mar 2025+13.3%
4 Apr 2025+17.5%
11 Apr 2025+9.4%
17 Apr 2025+12.1%
25 Apr 2025+6.8%
2 May 2025+12.8%
9 May 2025+2.6%
16 May 2025−4.0%
23 May 2025+0.2%
30 May 2025+5.6%
6 Jun 2025−0.5%
13 Jun 2025+2.9%
20 Jun 2025+2.7%
27 Jun 2025+6.2%
4 Jul 2025+0.0%
11 Jul 2025−0.3%
18 Jul 2025−4.7%
25 Jul 2025+2.1%
1 Aug 2025−0.9%
8 Aug 2025−0.3%
14 Aug 2025+1.5%
22 Aug 2025+5.6%
29 Aug 2025+1.5%
5 Sep 2025+2.5%
12 Sep 2025+1.1%
19 Sep 2025+1.8%
26 Sep 2025−2.8%
3 Oct 2025−4.1%
10 Oct 2025+1.3%
17 Oct 2025+4.4%
24 Oct 2025+0.7%
31 Oct 2025+4.6%
7 Nov 2025+2.7%
14 Nov 2025+8.8%
21 Nov 2025+6.7%
28 Nov 2025+7.5%
5 Dec 2025+9.8%
12 Dec 2025+9.3%
19 Dec 2025+4.0%
26 Dec 2025+5.7%
2 Jan 2026+7.1%
9 Jan 2026+4.1%
16 Jan 2026+4.1%
23 Jan 2026+1.4%
1 Feb 2026−4.1%
6 Feb 2026+2.1%
13 Feb 2026−3.5%
20 Feb 2026−6.3%
27 Feb 2026−5.1%
6 Mar 2026−7.3%
13 Mar 2026−6.7%
20 Mar 2026−2.0%
27 Mar 2026−0.1%
2 Apr 2026−7.2%
10 Apr 2026−4.0%
17 Apr 2026−9.1%
24 Apr 2026−7.7%
30 Apr 2026−1.9%
8 May 2026−4.7%
15 May 2026−0.2%
22 May 2026−2.1%
29 May 2026−3.8%
4 Jun 2026−2.7%
5 Jun 2026−2.8%
10 Jun 2026−9.1%
12 Jun 2026−9.1%
17 Jun 2026+0.3%
19 Jun 2026−0.2%
24 Jun 2026+1.1%
25 Jun 2026+0.9%
1 Jul 2026−1.6%
3 Jul 2026+0.7%
10 Jul 2026−2.8%
17 Jul 2026−1.0%
24 Jul 2026+2.7%
31 Jul 2026+4.0%
7 Aug 2026+3.4%
14 Aug 2026+7.8%
21 Aug 2026+2.7%
28 Aug 2026−1.3%
4 Sep 2026−4.2%
11 Sep 2026−1.4%
18 Sep 2026+3.5%
25 Sep 2026−1.6%
1 Oct 2026−2.7%
9 Oct 2026+0.3%
16 Oct 2026+4.4%
23 Oct 2026+6.2%
30 Oct 2026+6.8%
4 Nov 2026+13.2%
Each bar is one week, from 2016 to now (549 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +580% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Bharti Airtel this quarter?

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), indian funds and insurers (DIIs) raised their stake for 5 quarters in a row and profit grew again in the June 2026 quarter.

  1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

    In the June 2026 quarter revenue was ₹58,539 crore, +18.3% on a year earlier.

  2. Indian funds and insurers (DIIs) raised their stake for 5 quarters in a row

    From 19.1% to 21.6% of the company by the September 2026 quarter.

  3. Profit grew again in the June 2026 quarter

    Profit was ₹10,012 crore, +34.9% on a year earlier (₹7,422 crore), after 2 quarters of decline.

What are Bharti Airtel's latest quarterly results?

For April to June 2026 (the quarter ended 30 June 2026), Bharti Airtel reported revenue of ₹58,539 crore, up 18.3% from ₹49,463 crore a year earlier, and a profit of ₹10,012 crore, up 34.9% from ₹7,422 crore.

Bharti Airtel results: April to June 2026 against a year earlier

Bharti Airtel results: April to June 2026 against a year earlier
MeasureApril to June 2026April to June 2025Change
Revenue₹58,539 crore₹49,463 crore+18.3%
Profit₹10,012 crore₹7,422 crore+34.9%
Earnings per share₹13.09₹10.43+25.5%
Operating margin57.0%56.0%+1.0 points

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Bharti Airtel's management discussed these results on a call held on 5 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

What is the Bharti Airtel share price history?

Bharti Airtel closed at ₹2,067.60 on 4 November 2026, up 3.3% from ₹2,001.20 a year earlier (7 November 2025) and up 194.9% over five years. Its highest weekly close since March 2016 was ₹2,162.70 on 21 November 2025.

Bharti Airtel share price: then and now

Bharti Airtel share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹1,973.70+4.8%
1 month ago · 1 Oct 2026₹1,741.10+18.8%
6 months ago · 8 May 2026₹1,834.50+12.7%
1 year ago · 7 Nov 2025₹2,001.20+3.3%
3 years ago · 3 Nov 2023₹930.75+122.1%
5 years ago · 4 Nov 2021₹701.10+194.9%
10 years ago · 4 Nov 2016₹276.42+648.0%
Earliest weekly close in our records · 11 Mar 2016₹303.94+580.3%
Highest weekly close since March 2016, also the 52-week high · 21 Nov 2025₹2,162.70−4.4%
Lowest weekly close since March 2016 · 19 Oct 2018₹258.93+698.5%
52-week low (weekly close) · 1 Oct 2026₹1,741.10+18.8%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

What is the latest news on Bharti Airtel?

4 Nov 2026: Bharti Airtel closed at ₹2,067.60, up 4.8% on the week and up 18.8% on the month. 5 Aug 2026: Bharti Airtel held its results call for April to June 2026. Management guided: Airtel Money preparing for a London listing in H2 2026.

Earlier

  • 24 Jul 2026: ex-date for a dividend of ₹24 a share.
  • Results for April to June 2026: Revenue up 18.3% and profit up 34.9% on a year earlier.

What dividend does Bharti Airtel pay?

Bharti Airtel paid ₹24 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.16% at the ₹2,067.60 close on 4 November 2026. The last was a dividend of ₹24 a share, ex-date 24 July 2026.

Bharti Airtel dividends since 1 April 2021

Bharti Airtel dividends since 1 April 2021
Ex-dateDividend per shareTypeRecord date
24 Jul 2026Dividend₹24Dividendsame day
18 Jul 2025Dividend₹16Dividendsame day
7 Aug 2024Dividend₹8Dividendsame day
11 Aug 2023Dividend₹4Dividendsame day
1 Aug 2022Dividend₹3Dividend2 Aug 2022

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

4 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Bharti Airtel Ltd paid out 55% of its profit as dividends in FY26, and it paid a dividend in 11 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative.

From the NSE corporate-actions record, read 5 November 2026.

What did Bharti Airtel management say on the latest results call?

On the call for April to June 2026, held on 5 August 2026, Bharti Airtel's management guided: Airtel Money preparing for a London listing in H2 2026.

“The reason we have gone out on a limb to say that our ambition is to reach 1 gigawatt in the next few years is that we have a very clear line of sight to actually get there.”Gopal Vittal, on the call for April to June 2026

What management guided

  • Nextra data-center capacity ambition: 1 gigawatt over the next few years from current 120-130 megawatts; capital spending becomes lumpy with land and build-out.
  • Long-term ARPU growth of 4-5% over the next 5-7 years if industry pricing architecture is repaired.
  • Home broadband momentum expected to return as acquisition quality improves, fiber deployment accelerates and FWA becomes selective.
  • Airtel Business revenue growth prioritized; margins may trend slightly down as digital mix rises.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 5 August 2026.

What to watch in Bharti Airtel's next results?

When Bharti Airtel reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Airtel Money listing progress - verify London process advances within the stated second-half window.

Bharti Airtel: what to watch next quarter
What to check (from the call)
Airtel Money listing progress - verify London process advances within the stated second-half window.
Home broadband quality reset - check whether fiber-led additions restore momentum without FWA churn returning.
Nextra build-out - monitor land finalization, contract conversion and funding structure as capital spending becomes lumpy.
Hexacom home EBIT - test whether critical-mass economics improve without a new CPE burden.

Which stock lists is Bharti Airtel on?

Bharti Airtel is on 3 of our India lists: Momentum stocks, Nifty 50 companies and AI & data centre stocks.

Is Bharti Airtel profitable?

Bharti Airtel Ltd earned ₹10,012 Cr of net profit in the Jun 2026 quarter, +34.9% on the same quarter a year earlier. Full-year FY26 profit was ₹33,823 Cr. Over 10 years profit has grown 17.2% a year on average. That is 17.1% of the quarter's revenue. The same quarter a year earlier earned ₹7,422 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹33,823 Cr (−9.8% on the year before).

FY26 profit ₹33,823 Cr (−9.8% on the year before), 17.2% a year over 10 years

  • Net profit ₹33,823
FY26 profit ₹33,823 Cr (−9.8% on the year before), 17.2% a year over 10 years
QuarterNet profit
FY16₹6,893
FY17₹4,241
FY18₹2,184
FY19₹1,688
FY20−₹30,664
FY21−₹12,364
FY22₹8,305
FY23₹12,287
FY24₹8,558
FY25₹37,481
FY26₹33,823

Growth on a year earlier

  • Growth on a year earlier −9.8%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1636.5%
FY17−38.5%
FY18−48.5%
FY19−22.7%
FY20−1,916.6%
FY21–
FY22–
FY2347.9%
FY24−30.3%
FY25338%
FY26−9.8%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹10,012 Cr (+34.9% on a year earlier)

  • Net profit (quarterly) ₹10,012
Jun 2026: ₹10,012 Cr (+34.9% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023₹2,093
Dec 2023₹2,876
Mar 2024₹2,068
Jun 2024₹4,718
Sep 2024₹4,153
Dec 2024₹16,135
Mar 2025₹12,476
Jun 2025₹7,422
Sep 2025₹8,651
Dec 2025₹8,503
Mar 2026₹9,247
Jun 2026₹10,012

Growth on a year earlier

  • Growth on a year earlier 34.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−2.4%
Dec 202310%
Mar 2024−51.1%
Jun 2024210.4%
Sep 202498.4%
Dec 2024461%
Mar 2025503.3%
Jun 202557.3%
Sep 2025108.3%
Dec 2025−47.3%
Mar 2026−25.9%
Jun 202634.9%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +18.3% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +17.5% and revenue +19.8%. Profit and revenue are moving at about the same pace.

How much revenue does Bharti Airtel make, and is it growing?

Bharti Airtel Ltd reported ₹58,539 Cr of revenue in the Jun 2026 quarter, +18.3% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 8.1% a year on average. The last full year, FY26, came in at ₹2,10,973 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,20,049 Cr.

FY26 revenue was ₹2,10,973 Cr, +22.0% on the year before.

FY26 revenue ₹2,10,973 Cr (+22.0% on the year before), 8.1% a year over 10 years

  • Revenue ₹2,10,973
FY26 revenue ₹2,10,973 Cr (+22.0% on the year before), 8.1% a year over 10 years
QuarterRevenue
FY16₹96,532
FY17₹95,468
FY18₹82,639
FY19₹80,780
FY20₹87,539
FY21₹1,00,616
FY22₹1,16,547
FY23₹1,39,145
FY24₹1,49,982
FY25₹1,72,985
FY26₹2,10,973

Growth on a year earlier

  • Growth on a year earlier 22%
Growth on a year earlier
QuarterGrowth on a year earlier
FY160.4%
FY17−1.1%
FY18−13.4%
FY19−2.2%
FY208.4%
FY2114.9%
FY2215.8%
FY2319.4%
FY247.8%
FY2515.3%
FY2622%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Jun 2026: ₹58,539 Cr (+18.3% on a year earlier), the 12th quarter in a row of growth

  • Revenue (quarterly) ₹58,539
Jun 2026: ₹58,539 Cr (+18.3% on a year earlier), the 12th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023₹37,044
Dec 2023₹37,900
Mar 2024₹37,599
Jun 2024₹38,506
Sep 2024₹41,473
Dec 2024₹45,129
Mar 2025₹47,876
Jun 2025₹49,463
Sep 2025₹52,145
Dec 2025₹53,982
Mar 2026₹55,383
Jun 2026₹58,539

Growth on a year earlier

  • Growth on a year earlier 18.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 20237.3%
Dec 20235.9%
Mar 20244.4%
Jun 20242.8%
Sep 202412%
Dec 202419.1%
Mar 202527.3%
Jun 202528.5%
Sep 202525.7%
Dec 202519.6%
Mar 202615.7%
Jun 202618.3%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +19.8% on average, against 8.1% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +19.6%, against +20.7% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −9.4%, against +76.0% a year (rolling over).

How much of every ₹100 of sales does Bharti Airtel keep?

Bharti Airtel Ltd's operating margin was 57.0% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between 31.0% and 55.0%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.6 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY26: 55.0%, the highest in a range of 31.0% to 55.0% over 13 years

  • Operating margin 55.0%
FY26: 55.0%, the highest in a range of 31.0% to 55.0% over 13 years
QuarterOperating margin
FY1431%
FY1535%
FY1635%
FY1737%
FY1836%
FY1932%
FY2042%
FY2145%
FY2249%
FY2351%
FY2452%
FY2549%
FY2655%

Change on the year before (points)

  • Change on the year before (points) +6.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY15+4.0 pts
FY160.0 pts
FY17+2.0 pts
FY18−1.0 pts
FY19−4.0 pts
FY20+10.0 pts
FY21+3.0 pts
FY22+4.0 pts
FY23+2.0 pts
FY24+1.0 pts
FY25−3.0 pts
FY26+6.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 13-year window.

Jun 2026: operating margin 57.0% (+1.0 points on a year earlier)

  • Operating margin 57.0%
Jun 2026: operating margin 57.0% (+1.0 points on a year earlier)
QuarterOperating margin
Sep 202353%
Dec 202352%
Mar 202452%
Jun 202451%
Sep 202453%
Dec 202454%
Mar 202556%
Jun 202556%
Sep 202557%
Dec 202557%
Mar 202657%
Jun 202657%

Change on a year earlier (points)

  • Change on a year earlier (points) +1.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023–
Dec 2023+1.0 pts
Mar 20240.0 pts
Jun 2024−1.0 pts
Sep 20240.0 pts
Dec 2024+2.0 pts
Mar 2025+4.0 pts
Jun 2025+5.0 pts
Sep 2025+4.0 pts
Dec 2025+3.0 pts
Mar 2026+1.0 pts
Jun 2026+1.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Bharti Airtel's profit turning into cash?

Over the last 3 years, 375% of Bharti Airtel Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,22,230 Cr of operating cash against ₹33,823 Cr of profit. After ₹72,519 Cr of spending on assets, ₹49,711 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹1,22,230 Cr against profit ₹33,823 Cr; 375% of 3 years' profit came in as cash

  • Operating cash ₹1,22,230
  • Net profit ₹33,823
  • Free cash ₹49,711
FY26: operating cash ₹1,22,230 Cr against profit ₹33,823 Cr; 375% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY16₹27,942₹6,893−₹25,809
FY17₹28,280₹4,241−₹2,571
FY18₹29,854₹2,184₹2,733
FY19₹20,070₹1,688−₹14,793
FY20₹18,129−₹30,664−₹32,633
FY21₹48,205−₹12,364₹23,133
FY22₹55,017₹8,305₹1,094
FY23₹65,325₹12,287−₹47,888
FY24₹78,898₹8,558₹45,972
FY25₹98,332₹37,481−₹26,498
FY26₹1,22,230₹33,823₹49,711
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY26: operating cash was 361% of profit (375% over three years)

  • Operating cash as % of profit 300%
  • Break-even line 100%
FY26: operating cash was 361% of profit (375% over three years)
QuarterOperating cash as % of profitBreak-even line
FY16300%100%
FY17300%100%
FY18300%100%
FY19300%100%
FY20–100%
FY21–100%
FY22300%100%
FY23300%100%
FY24300%100%
FY25262%100%
FY26300%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 375% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building.

Where does Bharti Airtel's cash go?

Bharti Airtel Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 14 days in FY26, up from 13 days in FY21. It spent ₹2,30,275 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,10,973 Cr, each day of that cycle ties up about ₹578 Cr, so roughly ₹8,092 Cr is tied up in the business at any time.

FY26: a 14-day cash cycle, +1 days compared with FY21

  • Cash cycle 14d
  • Debtor days 14d
FY26: a 14-day cash cycle, +1 days compared with FY21
QuarterCash cycleDebtor days
FY1427d27d
FY1520d20d
FY1621d21d
FY1718d18d
FY1826d26d
FY1919d19d
FY2019d19d
FY2113d13d
FY2213d13d
FY2310d10d
FY2412d12d
FY2516d16d
FY2614d14d
Debtor days, inventory days, payable days and the full cash cycle, each year. 13-year window.

Spending on assets: ₹2,30,275 Cr over the last 3 years, against ₹1,37,819 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹12,938 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹72,519 Cr, work in progress ₹12,938 Cr, a build-out

  • Capex ₹72,519
  • Work-in-progress ₹12,938
FY26: capex ₹72,519 Cr, work in progress ₹12,938 Cr, a build-out
QuarterCapexWork-in-progress
FY16₹53,751₹5,702
FY17₹30,851₹10,838
FY18₹27,121₹9,751
FY19₹34,863₹9,634
FY20₹50,762₹4,282
FY21₹25,072₹5,726
FY22₹53,923₹5,955
FY23₹1,13,213₹49,425
FY24₹32,926₹16,904
FY25₹1,24,830₹10,999
FY26₹72,519₹12,938
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Bharti Airtel's P/E ratio, and how does it compare with its own history?

Bharti Airtel Ltd's P/E is 41.3×, near the low end of its own history: it has been lower only 27% of the time. Its usual P/E (the middle reading) is 58.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹48.65.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.

P/E 41.3× against a usual 58.7×: near the low end of its own history: it has been lower only 27% of the time

  • P/E 39.5×
  • Median 58.7×
P/E 41.3× against a usual 58.7×: near the low end of its own history: it has been lower only 27% of the time
WeekP/EMedian
11 Mar 201633.7×58.7×
1 Apr 201631.1×58.7×
22 Apr 201632.7×58.7×
13 May 201632.9×58.7×
3 Jun 201633.2×58.7×
24 Jun 201633.0×58.7×
15 Jul 201632.3×58.7×
5 Aug 201631.0×58.7×
26 Aug 201629.3×58.7×
16 Sep 201627.6×58.7×
7 Oct 201625.5×58.7×
30 Oct 201625.4×58.7×
18 Nov 201624.2×58.7×
9 Dec 201626.5×58.7×
30 Dec 201624.4×58.7×
20 Jan 201725.6×58.7×
10 Feb 201732.0×58.7×
3 Mar 201731.8×58.7×
24 Mar 201730.4×58.7×
13 Apr 201730.4×58.7×
5 May 201730.8×58.7×
26 May 201747.5×58.7×
16 Jun 201746.4×58.7×
7 Jul 201743.8×58.7×
28 Jul 201778.4×58.7×
18 Aug 201779.8×58.7×
8 Sep 201776.5×58.7×
29 Sep 201773.9×58.7×
19 Oct 201789.8×58.7×
10 Nov 2017176.1×58.7×
1 Dec 2017172.4×58.7×
22 Dec 2017176.1×58.7×
12 Jan 2018176.1×58.7×
2 Feb 2018172.2×58.7×
23 Feb 2018173.5×58.7×
16 Mar 2018169.9×58.7×
6 Apr 2018156.9×58.7×
27 Apr 2018159.0×58.7×
18 May 2018140.5×58.7×
8 Jun 2018146.8×58.7×
29 Jun 2018148.6×58.7×
20 Jul 2018137.7×58.7×
10 Aug 2018176.1×58.7×
31 Aug 2018176.1×58.7×
21 Sep 2018176.1×58.7×
12 Oct 2018145.8×58.7×
2 Nov 2018176.1×58.7×
22 Nov 2018176.1×58.7×
14 Dec 2018176.1×58.7×
4 Jan 2019176.1×58.7×
25 Jan 2019176.1×58.7×
15 Feb 2019176.1×58.7×
8 Mar 2019176.1×58.7×
29 Mar 2019176.1×58.7×
18 Apr 2019176.1×58.7×
26 Jul 2019176.1×58.7×
29 Nov 201946.4×58.7×
20 Dec 201947.6×58.7×
10 Jan 202047.9×58.7×
1 Feb 202055.5×58.7×
20 Feb 202062.6×58.7×
13 Mar 202056.4×58.7×
3 Apr 202048.6×58.7×
24 Apr 202056.7×58.7×
15 May 202063.5×58.7×
5 Jun 202051.1×58.7×
26 Jun 202049.0×58.7×
17 Jul 202049.5×58.7×
18 Sep 2020176.1×58.7×
9 Oct 2020176.1×58.7×
6 Aug 2021176.1×58.7×
27 Aug 2021176.1×58.7×
17 Sep 2021176.1×58.7×
8 Oct 2021176.1×58.7×
29 Oct 2021176.1×58.7×
18 Nov 2021152.1×58.7×
10 Dec 2021151.3×58.7×
31 Dec 2021145.5×58.7×
21 Jan 2022148.0×58.7×
11 Feb 2022163.9×58.7×
4 Mar 2022149.8×58.7×
25 Mar 2022162.5×58.7×
13 Apr 2022169.7×58.7×
6 May 2022162.8×58.7×
27 May 2022111.7×58.7×
17 Jun 2022105.0×58.7×
8 Jul 2022113.4×58.7×
29 Jul 2022102.6×58.7×
19 Aug 202282.6×58.7×
9 Sep 202286.3×58.7×
30 Sep 202290.2×58.7×
21 Oct 202289.9×58.7×
11 Nov 202274.0×58.7×
2 Dec 202276.0×58.7×
23 Dec 202272.4×58.7×
13 Jan 202368.5×58.7×
3 Feb 202371.1×58.7×
24 Feb 202358.0×58.7×
17 Mar 202358.0×58.7×
6 Apr 202358.7×58.7×
28 Apr 202361.3×58.7×
19 May 202352.0×58.7×
9 Jun 202353.9×58.7×
30 Jun 202356.8×58.7×
21 Jul 202357.4×58.7×
11 Aug 202343.8×58.7×
1 Sep 202343.5×58.7×
22 Sep 202345.9×58.7×
13 Oct 202348.2×58.7×
3 Nov 202348.2×58.7×
24 Nov 202350.4×58.7×
15 Dec 202351.4×58.7×
5 Jan 202454.2×58.7×
25 Jan 202460.1×58.7×
16 Feb 202455.0×58.7×
7 Mar 202459.0×58.7×
28 Mar 202460.4×58.7×
19 Apr 202463.6×58.7×
10 May 202464.2×58.7×
31 May 202463.0×58.7×
21 Jun 202465.0×58.7×
12 Jul 202465.8×58.7×
2 Aug 202472.2×58.7×
23 Aug 202471.8×58.7×
13 Sep 202477.9×58.7×
4 Oct 202478.2×58.7×
25 Oct 202479.4×58.7×
14 Nov 202462.2×58.7×
6 Dec 202464.2×58.7×
27 Dec 202464.2×58.7×
17 Jan 202565.4×58.7×
7 Feb 202547.8×58.7×
28 Feb 202544.8×58.7×
21 Mar 202549.2×58.7×
11 Apr 202550.1×58.7×
2 May 202552.8×58.7×
23 May 202538.4×58.7×
13 Jun 202538.5×58.7×
4 Jul 202542.2×58.7×
25 Jul 202548.7×58.7×
14 Aug 202536.2×58.7×
5 Sep 202536.6×58.7×
26 Sep 202537.0×58.7×
17 Oct 202538.9×58.7×
7 Nov 202535.4×58.7×
28 Nov 202537.2×58.7×
19 Dec 202537.1×58.7×
9 Jan 202635.9×58.7×
1 Feb 202634.5×58.7×
20 Feb 202636.8×58.7×
13 Mar 202633.6×58.7×
2 Apr 202635.6×58.7×
24 Apr 202636.1×58.7×
15 May 202640.3×58.7×
4 Jun 202638.6×58.7×
12 Jun 202638.6×58.7×
24 Jun 202639.8×58.7×
3 Jul 202641.4×58.7×
24 Jul 202644.5×58.7×
14 Aug 202639.8×58.7×
4 Sep 202636.8×58.7×
25 Sep 202635.7×58.7×
16 Oct 202638.1×58.7×
30 Oct 202639.5×58.7×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹50
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Mar 2016–
1 Apr 2016₹9
22 Apr 2016₹9
13 May 2016₹9
3 Jun 2016₹9
24 Jun 2016₹10
15 Jul 2016₹10
5 Aug 2016₹10
26 Aug 2016₹10
16 Sep 2016₹10
7 Oct 2016₹11
30 Oct 2016₹11
18 Nov 2016₹11
9 Dec 2016₹11
30 Dec 2016₹11
20 Jan 2017₹11
10 Feb 2017₹11
3 Mar 2017₹11
24 Mar 2017₹10
13 Apr 2017₹10
5 May 2017₹10
26 May 2017₹10
16 Jun 2017₹10
7 Jul 2017₹7
28 Jul 2017₹7
18 Aug 2017₹7
8 Sep 2017₹7
29 Sep 2017₹5
19 Oct 2017₹5
10 Nov 2017₹5
1 Dec 2017₹5
22 Dec 2017₹3
12 Jan 2018₹3
2 Feb 2018₹3
23 Feb 2018₹3
16 Mar 2018₹3
6 Apr 2018₹2
27 Apr 2018₹2
18 May 2018₹2
8 Jun 2018₹2
29 Jun 2018₹2
20 Jul 2018₹2
10 Aug 2018₹2
31 Aug 2018₹2
21 Sep 2018₹2
12 Oct 2018₹2
2 Nov 2018₹2
22 Nov 2018₹2
14 Dec 2018₹2
4 Jan 2019₹1
25 Jan 2019₹1
15 Feb 2019₹1
8 Mar 2019₹1
29 Mar 2019₹1
18 Apr 2019₹1
26 Jul 2019₹0
29 Nov 2019₹0
20 Dec 2019₹9
10 Jan 2020₹9
1 Feb 2020₹9
20 Feb 2020₹9
13 Mar 2020₹9
3 Apr 2020₹9
24 Apr 2020₹9
15 May 2020₹9
5 Jun 2020₹9
26 Jun 2020₹11
17 Jul 2020₹11
18 Sep 2020₹1
9 Oct 2020₹1
6 Aug 2021₹1
27 Aug 2021₹1
17 Sep 2021₹2
8 Oct 2021₹2
29 Oct 2021₹2
18 Nov 2021₹2
10 Dec 2021₹2
31 Dec 2021₹5
21 Jan 2022₹5
11 Feb 2022₹5
4 Mar 2022₹5
25 Mar 2022₹4
13 Apr 2022₹4
6 May 2022₹4
27 May 2022₹4
17 Jun 2022₹6
8 Jul 2022₹6
29 Jul 2022₹6
19 Aug 2022₹6
9 Sep 2022₹6
30 Sep 2022₹9
21 Oct 2022₹9
11 Nov 2022₹9
2 Dec 2022₹9
23 Dec 2022₹11
13 Jan 2023₹11
3 Feb 2023₹11
24 Feb 2023₹11
17 Mar 2023₹11
6 Apr 2023₹13
28 Apr 2023₹13
19 May 2023₹13
9 Jun 2023₹13
30 Jun 2023₹16
21 Jul 2023₹16
11 Aug 2023₹16
1 Sep 2023₹16
22 Sep 2023₹20
13 Oct 2023₹20
3 Nov 2023₹20
24 Nov 2023₹20
15 Dec 2023₹20
5 Jan 2024₹19
25 Jan 2024₹19
16 Feb 2024₹19
7 Mar 2024₹19
28 Mar 2024₹20
19 Apr 2024₹20
10 May 2024₹20
31 May 2024₹20
21 Jun 2024₹22
12 Jul 2024₹22
2 Aug 2024₹22
23 Aug 2024₹22
13 Sep 2024₹22
4 Oct 2024₹21
25 Oct 2024₹21
14 Nov 2024₹21
6 Dec 2024₹21
27 Dec 2024₹25
17 Jan 2025₹25
7 Feb 2025₹25
28 Feb 2025₹25
21 Mar 2025₹35
11 Apr 2025₹35
2 May 2025₹35
23 May 2025₹35
13 Jun 2025₹35
4 Jul 2025₹48
25 Jul 2025₹48
14 Aug 2025₹48
5 Sep 2025₹48
26 Sep 2025₹52
17 Oct 2025₹52
7 Nov 2025₹52
28 Nov 2025₹52
19 Dec 2025₹57
9 Jan 2026₹57
1 Feb 2026₹57
20 Feb 2026₹57
13 Mar 2026₹57
2 Apr 2026₹50
24 Apr 2026₹50
15 May 2026₹50
4 Jun 2026₹50
12 Jun 2026₹50
24 Jun 2026₹46
3 Jul 2026₹46
24 Jul 2026₹46
14 Aug 2026₹46
4 Sep 2026₹46
25 Sep 2026₹50
16 Oct 2026₹50
30 Oct 2026₹50
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 176× are drawn at the top edge.

PEG 1.79: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.79×
  • PEG = 1.0 1.00×
PEG 1.79: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q2 FY244.78×1.00×
Q3 FY245.01×1.00×
Q1 FY254.63×1.00×
Q2 FY251.39×1.00×
Q3 FY250.21×1.00×
Q4 FY250.09×1.00×
Q1 FY260.14×1.00×
Q2 FY260.14×1.00×
Q3 FY261.79×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 9 quarters.
41.3×P/E · lower than 73% of its last 11 years
1.45PEG · today, derived from 3-year earnings growth

Why the multiple is where it is: over the past year earnings per share moved −25.6% while the price moved +3.3%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 5 years the price moved +24.1% a year; about +93.3% a year came from earnings growth and about −69.2 percentage points from the multiple (the market paying less); over 10 years the price moved +22.3% a year; about +16.0% a year came from earnings growth and about +6.3 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Bharti Airtel business getting better or worse?

Bharti Airtel Ltd's business is giving mixed signals. Profit and EPS growth are shrinking while ROCE is still rising at 19.3%, so growth and returns point different ways. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +22.0% in FY26, profit −9.8%

  • Revenue growth 22.0%
Growth year by year: revenue +22.0% in FY26, profit −9.8%
QuarterRevenue growth
FY160.4%
FY17−1.1%
FY18−13.4%
FY19−2.2%
FY208.4%
FY2114.9%
FY2215.8%
FY2319.4%
FY247.8%
FY2515.3%
FY2622%

Profit growth, EPS growth

  • Profit growth −9.8%
  • EPS growth −25.6%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY1636.5%31.4%
FY17−38.5%−37.5%
FY18−48.5%−71.1%
FY19−22.7%−63%
FY20−300%−300%
FY21––
FY22––
FY2347.9%107.1%
FY24−30.3%−11.8%
FY25300%300%
FY26−9.8%−25.6%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters: revenue stabilising, profit rolling over

  • Revenue 19.6%
Three growth lines over twelve quarters: revenue stabilising, profit rolling over
QuarterRevenue
Sep 202313.7%
Dec 202310.2%
Mar 20247.8%
Jun 20245.1%
Sep 20246.3%
Dec 20249.6%
Mar 202515.3%
Jun 202521.8%
Sep 202525.2%
Dec 202525.1%
Mar 202622%
Jun 202619.6%

Profit, EPS

  • Profit −9.4%
  • EPS −21.6%
Profit, EPS
QuarterProfitEPS
Sep 202358.6%15%
Dec 202328%14.4%
Mar 2024−19.2%−11%
Jun 202411.9%18.6%
Sep 202432.2%59.9%
Dec 2024152.7%188%
Mar 2025300%300%
Jun 2025241.9%250.4%
Sep 2025223.4%212.8%
Dec 202536.9%23.3%
Mar 2026−9.8%−21.9%
Jun 2026−9.4%−21.6%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 19.3%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202311.4%
Dec 202312%
Mar 202411.2%
Jun 202412.5%
Sep 202413.4%
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025–
Mar 202618.8%
Jun 202619.3%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +19.6%, range +5.1% to +25.2%
FallingProfit growth · latest −9.4%, range −19.2% to +338.0%
FallingEPS growth · latest −21.6%, range −21.9% to +343.5%
RisingROCE · latest 19.3%, range 11.2% to 19.3%

Why it matters: when the lines disagree, each line above matters more than any single label.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+22.0%+14.9%+16.0%+8.1%
Profit−9.8%+40.1%—+17.2%
EPS−25.6%+43.0%—+14.8%
Share price+3.3%+30.5%+24.1%+22.3%
+18.3%Revenue growth (Jun 2026) · latest quarter against a year ago
+34.9%Profit growth (Jun 2026) · latest quarter against a year ago
8.1%Revenue, 10 years · yearly growth over the long run

How much does Bharti Airtel earn on its capital?

Bharti Airtel Ltd earned a ROCE of 18% in FY26. That is up from a low of 3% in FY19. Its return on capital used (ROIC) is 3.1 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 16.0% net margin and 0.39× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 16.0% net margin × 0.39× asset turnover × 3.66× leverage (assets divided by equity) ≈ 22.8% on equity. The margin does most of the work; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 15.1% − 12.0% = +3.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.

The 15.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 14.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 18%, the climb back from FY19's 3%

  • ROCE 18%
  • ROIC (annual) 14%
  • Cost of capital 12%
FY26: ROCE 18%, the climb back from FY19's 3%
QuarterROCEROIC (annual)Cost of capital
FY1410%–12%
FY1511%–12%
FY1613%–12%
FY1710%–12%
FY187%–12%
FY193%–12%
FY205%–12%
FY217%–12%
FY2211%6.8%12%
FY2312%9.1%12%
FY2413%8.4%12%
FY2513%14%12%
FY2618%14%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 13-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q1 FY27: ROCE 18.5% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 18.5%
  • ROIC (12 months) 14.7%
  • Cost of capital 12.0%
Q1 FY27: ROCE 18.5% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q2 FY2412.4%9.4%12%
Q3 FY2412.5%9%12%
Q4 FY2412.8%9.2%12%
Q1 FY2512.7%8.9%12%
Q2 FY2512.8%8.6%12%
Q3 FY2512.5%9.3%12%
Q4 FY2514.3%10.7%12%
Q1 FY2615.5%12.7%12%
Q2 FY2617.3%13.5%12%
Q3 FY2618%14.4%12%
Q4 FY2617.8%14.2%12%
Q1 FY2718.5%14.7%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Bharti Airtel have too much debt?

Bharti Airtel Ltd has total debt of ₹2,01,480 Cr against shareholder equity of ₹2,00,647 Cr as of Jun 2026, so its debt is 1.00× its equity. Year by year, that ratio went from 1.81 in FY22 to 1.00 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹1,95,412 Cr, 1.00× equity

  • Total debt ₹1,95,412
FY26: debt ₹1,95,412 Cr, 1.00× equity
QuarterTotal debt
FY22₹1,69,678
FY23₹2,26,020
FY24₹2,15,592
FY25₹2,13,642
FY26₹1,95,412

Debt-to-equity

  • Debt-to-equity 1.00×
Debt-to-equity
QuarterDebt-to-equity
FY221.81×
FY232.12×
FY242.04×
FY251.39×
FY261.00×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt ₹2,01,480 Cr, debt-to-equity 1.00

  • Total debt (quarterly) ₹2,01,480
Jun 2026: debt ₹2,01,480 Cr, debt-to-equity 1.00
QuarterTotal debt (quarterly)
Sep 2023₹2,17,359
Dec 2023₹2,18,485
Mar 2024₹2,15,592
Jun 2024₹2,08,874
Sep 2024₹2,25,541
Dec 2024₹2,04,623
Mar 2025₹2,13,642
Jun 2025₹2,03,355
Sep 2025₹2,08,010
Dec 2025₹1,97,906
Mar 2026₹1,95,412
Jun 2026₹2,01,480

Debt-to-equity

  • Debt-to-equity 1.00×
Debt-to-equity
QuarterDebt-to-equity
Sep 20232.10×
Dec 20232.11×
Mar 20242.04×
Jun 20241.86×
Sep 20242.04×
Dec 20241.35×
Mar 20251.39×
Jun 20251.27×
Sep 20251.30×
Dec 20251.17×
Mar 20261.00×
Jun 20261.00×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Bharti Airtel shareholding pattern?

Promoters cut their stake in Bharti Airtel Ltd by 3.1 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 50.1% of the company. Domestic institutions moved +2.9 points over the same period, to 21.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: −3.1 points over 8 quarters, to 50.1%; Domestic institutions: +2.9 points over 8 quarters, to 21.6%; Foreign institutions: +0.4 points over 8 quarters, to 25.4%.

Why the owners changed: promoters drove it (−3.1 points), with the other side taken by domestic institutions (+2.9 points). They reduced their stake.

Year ends: promoters −4.6 points from Mar 2024 to Mar 2026

  • Promoters 48.87%
  • Foreign inst. 27.79%
  • Domestic inst. 20.53%
  • Public 2.63%
Year ends: promoters −4.6 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202453.48%24.35%19.2%2.8%
Mar 202552.42%25.41%19.23%2.75%
Mar 202648.87%27.79%20.53%2.63%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Promoters cut their stake by 3.1 points over 8 quarters

  • Promoters 50.07%
  • Foreign inst. 25.44%
  • Domestic inst. 21.62%
  • Public 2.7%
Promoters cut their stake by 3.1 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202354.75%21.87%19.69%3.53%
Dec 202354.57%22.69%19.51%3.07%
Mar 202453.48%24.35%19.2%2.8%
Jun 202453.17%24.62%19.13%2.89%
Sep 202453.14%25.07%18.69%2.89%
Dec 202453.12%24.27%19.52%2.91%
Mar 202552.42%25.41%19.23%2.75%
Jun 202551.26%26.72%19.09%2.74%
Sep 202550.27%27.42%19.4%2.72%
Dec 202548.87%28.75%19.54%2.65%
Mar 202648.87%27.79%20.53%2.63%
Jun 202650.07%26.48%20.64%2.64%
Sep 202650.07%25.44%21.62%2.7%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Bharti Airtel from balance-sheet trouble?

For Bharti Airtel Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Bharti Airtel rank in its industry?

75.1 out of 100, rank 1 of 16 in Telecom Services, with 89% of the evidence available.

Bharti Airtel Ltd scores 75.1 out of 100 against the 16 companies it is compared with in Telecom Services, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 20.6 + 21.4 + 15.1 + 18 = 75.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Bharti Airtel compared with?

Bharti Airtel ranks 1 of 16 Telecom Services companies on the 4-Factor Sector Score, with 75.1 out of 100.

  1. 1Bharti Airtel Ltd this pageBHARTIARTL · turning · Most evidence points up · 89% evidence75.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.6/35 · Revenue 19.6% · Profit -9.4% · Operating margin change 1 points · 88% evidenceCapital efficiency 21.4/25 · ROCE 17.6% · Operating margin 57% · 100% evidenceValuation 15.1/20 · P/E 39.4× · PEG 0.69 · 65% evidenceRelative strength 18.0/20 · Lead over its industry 8.8% · Lead over NIFTY 500 7.5% · 1 year -3.9% · 100% evidence · 2 of 12 weeks aheadExact sum: 20.6 + 21.4 + 15.1 + 18 = 75.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Bharti Hexacom LtdBHARTIHEXA · breaking out · Most evidence points up · 74% evidence69.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.3/35 · Revenue 7.9% · Profit 32.8% · Operating margin change 2 points · 88% evidenceCapital efficiency 21.2/25 · ROCE 21.4% · Operating margin 53% · 100% evidenceValuation 12.1/20 · P/E 44.3× · PEG 1.18 · 65% evidenceRelative strength 12.0/20 · Lead over its industry — · Lead over NIFTY 500 7.5% · 1 year -12.1% · 25% evidence · 5 of 12 weeks aheadExact sum: 24.3 + 21.2 + 12.1 + 12 = 69.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  3. 3HFCL LtdHFCL · leader · Most evidence points up · 75% evidence69.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.0/35 · Revenue 100% · Profit 100% · Operating margin change 7 points · 95% evidenceCapital efficiency 12.8/25 · ROCE 10.8% · Operating margin 25% · 76% evidenceValuation 9.8/20 · P/E 40.8× · PEG — · 15% evidenceRelative strength 16.9/20 · Lead over its industry 78% · Lead over NIFTY 500 70.2% · 1 year 214.7% · 100% evidence · 10 of 12 weeks aheadExact sum: 30 + 12.8 + 9.8 + 16.9 = 69.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4ADC India Communications LtdKRONECOMM · breaking out · Evidence leans up · 78% evidence58.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.9/35 · Revenue 19% · Profit 0.3% · Operating margin change 4 points · 83% evidenceCapital efficiency 18.1/25 · ROCE 31.4% · Operating margin 17.1% · 76% evidenceValuation 6.4/20 · P/E 44.7× · PEG — · 50% evidenceRelative strength 17.4/20 · Lead over its industry 28.7% · Lead over NIFTY 500 24.8% · 1 year 41.9% · 100% evidence · 2 of 12 weeks aheadExact sum: 16.9 + 18.1 + 6.4 + 17.4 = 58.8 · What this means: Relative strength against the index is 24.8%, and revenue and profit growth are weak.
  5. 5Indus Towers LtdINDUSTOWER · turning · Evidence leans up · 100% evidence56.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 8.6/35 · Revenue 5.3% · Profit -24% · Operating margin change -2 points · 100% evidenceCapital efficiency 20.1/25 · ROCE 19.5% · Operating margin 54% · 100% evidenceValuation 16.8/20 · P/E 14× · PEG 0.46 · 100% evidenceRelative strength 10.6/20 · Lead over its industry -2.5% · Lead over NIFTY 500 -3.5% · 1 year 4% · 100% evidence · 0 of 12 weeks aheadExact sum: 8.6 + 20.1 + 16.8 + 10.6 = 56.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  6. 6Tata Communications LtdTATACOMM · turning · Evidence leans up · 93% evidence55.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.9/35 · Revenue 9.1% · Profit -34% · Operating margin change 2 points · 100% evidenceCapital efficiency 17.0/25 · ROCE 14.6% · Operating margin 21% · 100% evidenceValuation 7.9/20 · P/E 39.4× · PEG 2.22 · 65% evidenceRelative strength 15.1/20 · Lead over its industry 4.3% · Lead over NIFTY 500 2.4% · 1 year -10.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 15.9 + 17 + 7.9 + 15.1 = 55.9 · What this means: Relative strength against the index is 2.4%, and revenue and profit growth are weak.
  7. 7Tata Teleservices (Maharashtra) LtdTTML · basing · Evidence leans up · 74% evidence50.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.0/35 · Revenue -0.7% · Profit 100% · Operating margin change 4 points · 74% evidenceCapital efficiency 17.9/25 · ROCE 55.6% · Operating margin 53% · 100% evidenceValuation 8.7/20 · P/E 182.8× · PEG — · 15% evidenceRelative strength 6.9/20 · Lead over its industry -13.6% · Lead over NIFTY 500 -14.6% · 1 year -37.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 17 + 17.9 + 8.7 + 6.9 = 50.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Suyog Telematics LtdSUYOG · quiet · Evidence leans down · 78% evidence48.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.0/35 · Revenue 11.4% · Profit 50% · Operating margin change -1 points · 83% evidenceCapital efficiency 16.2/25 · ROCE 14.4% · Operating margin 60% · 76% evidenceValuation 12.6/20 · P/E 8.7× · PEG — · 50% evidenceRelative strength 0.0/20 · Lead over its industry -33.1% · Lead over NIFTY 500 -34.4% · 1 year -42.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 20 + 16.2 + 12.6 + 0 = 48.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Vodafone Idea LtdIDEA · quiet · Evidence leans down · 71% evidence47.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.5/35 · Revenue 3.3% · Profit 100% · Operating margin change 1 points · 65% evidenceCapital efficiency 6.1/25 · ROCE -1.7% · Operating margin 43% · 100% evidenceValuation 11.3/20 · P/E 3.6× · PEG — · 15% evidenceRelative strength 11.3/20 · Lead over its industry 5.8% · Lead over NIFTY 500 3.3% · 1 year 35.5% · 100% evidence · 2 of 12 weeks aheadExact sum: 18.5 + 6.1 + 11.3 + 11.3 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10NELCO LtdNELCO · quiet · Evidence leans down · 68% evidence39.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.5/35 · Revenue 6.2% · Profit -7.5% · Operating margin change 1.5 points · 100% evidenceCapital efficiency 8.7/25 · ROCE 7.2% · Operating margin 11.6% · 100% evidenceValuation 8.5/20 · P/E 254× · PEG — · 15% evidenceRelative strength 9.1/20 · Lead over its industry — · Lead over NIFTY 500 -8% · 1 year -22.5% · 25% evidence · 7 of 12 weeks aheadExact sum: 13.5 + 8.7 + 8.5 + 9.1 = 39.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11GTL Infrastructure LtdGTLINFRA · basing · Too little evidence to rank firmly · 56% evidence39.3out of 100GrowthCapitalValuationRelative
  12. 12ITI LtdITI · quiet · Most evidence points down · 71% evidence34.2out of 100GrowthCapitalValuationRelative
  13. 13Tejas Networks LtdTEJASNET · basing · Most evidence points down · 71% evidence28.6out of 100GrowthCapitalValuationRelative
  14. 14OnMobile Global LtdONMOBILE · basing · Most evidence points down · 65% evidence25.3out of 100GrowthCapitalValuationRelative
  15. 15Sar Televenture LtdSARTELE · Too little evidence to rank firmly · 39% evidence58.7out of 100GrowthCapitalValuationRelative
  16. 16Mahanagar Telephone Nigam LtdMTNL · basing · Too little evidence to rank firmly · 46% evidence37.9out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Telecom Services, all 16 compared on one page.

Which companies are close to Bharti Airtel in size?

Bharti Airtel is the largest of 16 Telecom Services companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Vodafone Idea, Indus Towers, Bharti Hexacom, Tata Communications, HFCL and ITI.

Telecom Services companies close in size

  1. Bharti Airtel Ltd ₹12,31,907 crore
  2. Vodafone Idea Ltd ₹1,28,170 crore
  3. Indus Towers Ltd ₹99,802 crore
  4. Bharti Hexacom Ltd ₹81,810 crore
  5. Tata Communications Ltd ₹47,763 crore
  6. HFCL Ltd ₹35,401 crore
  7. ITI Ltd ₹20,799 crore

All 16 Telecom Services companies, largest first

Companies close in size in other industries

  1. Reliance Industries Ltd ₹15,76,405 crore · Refineries
  2. Bharti Airtel Ltd ₹12,31,907 crore
  3. HDFC Bank Ltd ₹10,68,834 crore · Banks - Private
  4. ICICI Bank Ltd ₹10,03,901 crore · Banks - Private
  5. Tata Consultancy Services Ltd ₹9,05,463 crore · IT - Software

What else do people ask about Bharti Airtel?

What is Bharti Airtel's share price today?

Bharti Airtel Ltd's share price is ₹2,067.60, +3.3% over the past year. The whole company is worth ₹12,90,320 Cr on the market.

In the last 52 weeks it traded between ₹1,741 to ₹2,163; today it is 77% of the way up from the low, 9.6% above its 200-day average (as of 4 November 2026).

What were Bharti Airtel's latest quarterly results?

Bharti Airtel Ltd reported revenue of ₹58,539 Cr and net profit of ₹10,012 Cr for the Jun 2026 quarter. Revenue rose 18.3% and profit rose 34.9% compared with a year earlier. Earnings per share were ₹13.09.

The operating margin was 57.0%, 1.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Bharti Airtel's market cap?

Bharti Airtel Ltd's market capitalisation is ₹12,90,320 Cr at a share price of ₹2,067.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Bharti Airtel performing?

Bharti Airtel Ltd's share price has been falling for 4 weeks. In its latest quarter, revenue rose 18.3% and profit rose 34.9% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 5 weeks running (as of 4 November 2026).

Will Bharti Airtel's share price go up?

This page does not forecast Bharti Airtel Ltd's share price. What it shows instead: the share price is ₹2,067.60, and it has been falling for 4 weeks. Its P/E of 41.3× is higher than 27% of its own last 11 years (as of 4 November 2026).

Does Bharti Airtel have too much debt?

Yes, Bharti Airtel Ltd has a lot of debt: its debt is 1.31× its equity, and its operating profit is 5 times its interest bill. FY26 borrowings were ₹1,95,412 Cr against equity of ₹1,49,057 Cr.

Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Where is Bharti Airtel in its business cycle?

Bharti Airtel Ltd's FY26 operating margin was 55.0%, against a 13-year range of 31.0% to 55.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 57.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Bharti Airtel story?

The main question: the share price moved +3.3% in a year while yearly earnings per share moved −25.6%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Bharti Airtel a stock worth studying right now?

What the numbers show: Bharti Airtel Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Is there a Bharti Airtel share price forecast for 2026?

What management itself guided: Airtel Money preparing for a London listing in H2 2026.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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