Bharti Hexacom Ltd.
NSE: BHARTIHEXA · Telecommunication
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Instant answers about Bharti Hexacom Ltd. — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Revenue | 7,089 | 8,548 | 9,354 |
| EBITDA | 3,361 | 4,197 | 4,890 |
| Operating margin | 47.4% | 49.1% | 52.3% |
| Interest | 644 | 688 | 601 |
| Depreciation | 1,739 | 2,094 | 2,213 |
| Profit before tax | 923 | 1,809 | 2,266 |
| Tax | 419 | 315 | 533 |
| Net profit | 504 | 1,494 | 1,733 |
| EPS ₹ | 10.09 | 29.87 | 34.66 |
| Operating cash flow | 3,546 | 4,583 | 4,464 |
| Capex | 2,094 | 2,531 | 1,493 |
| Dividend paid | 75 | 200 | 500 |
| Total assets | 18,517 | 19,251 | 19,051 |
| Equity | 4,639 | 5,932 | 7,165 |
Quarterly performance
last 11 quarters · ₹ crore| MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,868 | 1,911 | 2,098 | 2,251 | 2,289 | 2,263 | 2,317 | 2,360 | 2,414 | 2,510 | 2,582 |
| Operating profit | 878 | 876 | 1,002 | 1,152 | 1,168 | 1,161 | 1,208 | 1,254 | 1,267 | 1,322 | 1,377 |
| Operating margin | 47.0% | 45.8% | 47.8% | 51.2% | 51.0% | 51.3% | 52.1% | 53.2% | 52.5% | 52.7% | 53.3% |
| Other income | 49 | 40 | 49 | 45 | 48 | 48 | 61 | 38 | 78 | 72 | 64 |
| Interest | 166 | 162 | 175 | 180 | 171 | 154 | 151 | 147 | 149 | 149 | 140 |
| Depreciation | 460 | 496 | 536 | 532 | 531 | 527 | 554 | 567 | 565 | 592 | 600 |
| Profit before tax | 301 | 577 | 340 | 379 | 513 | 527 | 564 | 569 | 606 | 653 | 701 |
| Tax | 78 | 66 | 86 | 118 | 45 | 135 | 143 | 95 | 160 | 171 | 135 |
| Net profit | 223 | 511 | 253 | 261 | 468 | 392 | 421 | 474 | 447 | 482 | 566 |
| EPS ₹ | 4.45 | 10.22 | 5.06 | 5.22 | 9.37 | 7.83 | 8.42 | 9.47 | 8.93 | 9.65 | 11.32 |
| Revenue YoY | — | — | — | — | 22.5% | 18.4% | 10.5% | 4.8% | 5.4% | 10.9% | 11.4% |
| Profit YoY | — | — | — | — | 110.4% | -23.4% | 66.4% | 81.6% | -4.6% | 23.2% | 34.4% |
Returns & margins
trailing-twelve-month, per quarter| DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|
| ROE | 24.0% | 25.2% | 23.2% | 24.7% | 28.1% | 24.2% | 25.5% | 26.9% |
| ROCE | 22.6% | 25.7% | 25.1% | 28.2% | 29.8% | 29.1% | 30.3% | 31.2% |
| Net margin | 15.4% | 17.5% | 15.4% | 16.9% | 19.0% | 18.5% | 19.0% | 20.0% |
| EBITDA margin | 48.1% | 49.1% | 50.4% | 51.4% | 51.9% | 52.3% | 52.6% | 52.9% |
| Debt / equity | 0.94 | 0.64 | 0.64 | 0.50 | 0.50 | 0.38 | 0.38 | 0.36 |
| Interest coverage | 3.34 | 3.63 | 3.58 | 4.02 | 4.49 | 4.77 | 5.01 | 5.33 |
| Asset turnover | 0.42 | 0.44 | 0.46 | 0.48 | 0.49 | 0.49 | 0.50 | 0.52 |
Balance sheet
equity vs borrowings over time · ₹ crore| MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|
| Share capital | 250 | 250 | 250 | 250 | 250 | 250 |
| Other equity / reserves | 4,389 | 4,953 | 5,682 | 5,995 | 6,915 | 7,063 |
| Total equity | 4,639 | 5,203 | 5,932 | 6,245 | 7,165 | 7,313 |
| Borrowings | 4,835 | 4,890 | 3,780 | 3,126 | 2,694 | 2,652 |
| Current liabilities | 7,551 | 6,630 | 6,841 | 6,454 | 5,920 | 6,042 |
| Non-current liabilities | 6,328 | 7,499 | 6,478 | 6,276 | 5,966 | 5,755 |
| Total assets | 18,517 | 19,332 | 19,251 | 18,974 | 19,051 | 19,110 |
| Property, plant & equipment | 8,204 | 8,576 | 8,481 | 8,332 | 8,261 | 8,299 |
| Capital work-in-progress | 197 | 202 | 297 | 262 | 476 | 303 |
| Investments | 238 | 67 | 74 | 287 | 631 | 823 |
| Inventories | 0 | 0 | 0 | 0 | 0 | 0 |
| Receivables | 445 | 311 | 108 | 96 | 108 | 131 |
| Cash & equivalents | 40 | 33 | 17 | 21 | 33 | 8 |
Cash flow
annual · ₹ crore · line = free cash flow| FY24 | FY25 | FY26 | |
|---|---|---|---|
| Cash from operations | 3,546 | 4,583 | 4,464 |
| Cash from investing | -1,155 | -2,341 | -2,010 |
| Cash from financing | -2,404 | -2,265 | -2,438 |
| Capex | 2,094 | 2,531 | 1,493 |
| Free cash flow | 1,453 | 2,052 | 2,971 |
| Dividends paid | 75 | 200 | 500 |
Where the assets sit
Sep '26 · ₹ crorePeer comparison
largest in Telecommunication · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Bharti Airtel Ltd. | 13,15,061 | 2,107.20 | 42.4 | 8.32 | 19.6% |
| Vodafone Idea Ltd. | 1,38,246 | 12.76 | 3.7 | — | — |
| Indus Towers Ltd. | 1,01,066 | 383.10 | 14.2 | 2.56 | 18.0% |
| Bharti Hexacom Ltd. | 83,220 | 1,664.40 | 42.3 | 11.38 | 26.9% |
| Tata Communications Ltd. | 48,602 | 1,704.80 | 44.0 | 14.29 | 32.5% |
| Sterlite Technologies Ltd. | 37,075 | 719.90 | 48.2 | 8.16 | 16.9% |
| HFCL Ltd. | 32,239 | 210.66 | 37.2 | 5.71 | 15.4% |
| ITI Ltd. | 23,961 | 248.85 | — | 12.57 | -5.9% |
| Tata Teleservices (Maharashtra) Ltd. | 7,775 | 39.77 | 26.0 | — | — |
| Railtel Corporation Of India Ltd. | 7,736 | 241.05 | 22.9 | 3.28 | 14.3% |
StoxGud checklist: Bullish setup · 7/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
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FAQs
What is the share price of Bharti Hexacom Ltd.?
Bharti Hexacom Ltd. (BHARTIHEXA) closed at ₹1,664.40 on NSE on 06 Nov 2026.
What is the market cap of Bharti Hexacom Ltd.?
₹83,220 crore at the latest close.
What is the P/E ratio of Bharti Hexacom Ltd.?
42.3, on trailing-twelve-month earnings from its filings.
How fast is Bharti Hexacom Ltd. growing?
Bharti Hexacom Ltd.: Latest-quarter revenue is up 11.4% year on year, profit up 34.4%.
How profitable is Bharti Hexacom Ltd.?
On a trailing-twelve-month basis return on equity is 26.9%, return on capital employed 31.2%, operating margin 52.9%, net margin 20.0%.
How much debt does Bharti Hexacom Ltd. have?
Bharti Hexacom Ltd. is lightly geared: debt to equity is 0.36 with borrowings of ₹2,652 cr against cash of ₹8 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.3 times.
Financials parsed from Bharti Hexacom Ltd.'s own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from MAR '24, annual from FY24, balance sheet from Mar '24. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.