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Earnings Call

Bharti Airtel Earnings Call: Key Takeaways

Bharti Airtel delivered a strong FY26 with consolidated revenue at ₹2,11,000 Cr and EBITDAaL of ₹1,08,000 Cr. Strategy focuses on portfolio premiumization, 5G, and scaling adjacencies like Data Centers and Financial Services.

Why this was an Alfa AlertNot a filter event. Results were strong but no specific prior guidance range was provided to verify a material beat.
Highlights
Revenue growth₹2,11,000 Cr for FY26; Q4 consolidated revenue grew 2.6% sequentially.
MarginsConsolidated EBITDAaL margin at 51.2%; India margins improved 310bps YoY.
Order bookAirtel Business order book grew 17% in FY26.
Demand visibilityStrong demand for fiber, 5G, and converged home services.
Management confidenceHigh confidence in diversified portfolio and digital growth engines.

Growth

FY26 Consolidated revenue grew to record highs; India EBITDAaL (ex-passive) grew 18% YoY to ₹72,500 Cr.

Outlook

Focus on driving ARPU to ₹300 via tariff restructuring; ₹31,000 Cr India capex; scaling Nxtra data centers to 1GW.

Risks

Geopolitical crises impacting international roaming, handset supply chain constraints, and rising energy/chipset costs.

Source

Earnings Call filed with NSE, NSE: BHARTIARTL. Summary written with AI assistance from the document.

Read the document ↗

Bharti Airtel Ltd: key numbers

Share price
₹1,785.40
Market cap
₹10,87,944 Cr
Revenue (annual)
₹2,10,973 Cr
Net profit (annual)
₹26,695 Cr
P/E (TTM)
37.6×Sector 33.0×
Promoter holding
48.87%+0.00% QoQ
FII holding
27.13%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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