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Bharti Airtel Limited BHARTIARTL.NS
IN · National Stock Exchange of India · XNSE · stock · Communication Services · website
Bharti Airtel Limited statistics & valuation
Market cap$11.61T
P / E43.5×
P / S5.5×
P / B7.8×
P / FCF15.3×
Dividend yield0.98%
Net margin12.7%
Return on equity17.9%
FCF margin35.9%
Multiples are price-derived and refreshed daily; everything else is from filings.
P / E vs its own history
Bharti Airtel Limited trades at about 41.7× earnings — below its 10-year norm (10-year range 33.3×–103.3×, median 54.9×).
33.3×
103.3×
Shaded band = 10-year range (33.3×–103.3×); dot = today's 41.7×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Gross margin | 71.2% | 68.5% | 64.3% | 63.2% |
| Operating margin | 31.7% | 27.5% | 24.8% | 25.3% |
| Net margin | 12.7% | 19.4% | 5.0% | 6.0% |
| FCF margin | 35.9% | 21.8% | 25.9% | 27.9% |
| Return on assets | 4.8% | 6.5% | 1.7% | 1.9% |
| Return on equity | 17.9% | 29.5% | 9.1% | 10.8% |
| Debt / equity | 0.67× | 0.92× | 1.60× | 1.95× |
| Current ratio | 0.52 | 0.37 | 0.42 | 0.47 |
Source: company filings via Yahoo Finance · IN · as of 2026-03-31. Figures in INR; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.