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Earnings Call Transcript

Bharti Hexacom Earnings Call Transcript: Key Takeaways

Bharti Hexacom Q4 FY26 delivered strong results with 9.4% revenue and 17.9% EBITDAaL growth. Strategic focus remains on portfolio premiumization, 5G densification, and FTTH expansion in Rajasthan and North East circles.

Highlights
Revenue growth9.4% YoY for FY26; 2.3% QoQ for Q4.
MarginsEBITDAaL margins expanded to 47.9% in Q4.
Demand visibilityStrong momentum in Homes and Office business; record net adds.
Management confidenceHigh; citing underpenetrated markets and ARPU gap closure.

Growth

FY26 revenues grew 9.4%; EBITDAaL grew 17.9% with margins expanding 3.4% to 47.6%.

Outlook

Progressive dividend policy (Rs.18/share); pivoting from FWA to fiber-first due to rising hardware costs.

Risks

Rising chipset/memory prices for FWA, international roaming headwinds, and 5G 'eat as much as you can' packs.

Source

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

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Bharti Hexacom Ltd: key numbers

Share price
₹1,481.80
Market cap
₹74,090 Cr
Revenue (annual)
₹9,354 Cr
Net profit (annual)
₹1,733 Cr
P/E (TTM)
40.6×Sector 33.0×
Promoter holding
70.00%+0.00% QoQ
FII holding
3.58%Current quarter

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

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