BHARTIHEXA · Bharti Hexacom Ltd · Communications Services
BHARTIHEXA · Bharti Hexacom Ltd · Communications Services
As of 05 Nov close
52-week range
11.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹2,510 Cr
Revenue YoY
PAT YoY
+23.2%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
37.7
P/S (TTM)
8.1
Sector P/E
16.1
Dividend yield
+1.2%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BHARTIHEXA (this stock) | 40.7 | 37.7 | +19.0% | +23.9% | 0.8 | +1.2% |
| Bharti Airtel | 37.7 | 7.8 | +13.1% | +17.9% | 1.25 | +1.3% |
| Tata Communications | 59.4 | 15 | +3.7% | +27.4% | 3.55 | +1.0% |
| Tata Teleservices (Maharashtra) | Not available from data source | Not available from data source | -18.6% | Not available from data source | Not available from data source | Not available from data source |
Promoter
stable
FII
falling 2q
MF
8.44% (+0.02pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Bharti Hexacom Limited reported a strong performance in its Q1 FY2027 earnings call, with revenue reaching Rs. 2,510 Crores, a sequential growth of 4%. The EBITDAaL for the quarter was Rs. 1,210 Crores, resulting in a margin of 48.2%. The mobile customer base stood at 29 million, with net additions of 210,000 customers, and smartphone additions were robust at 344,000. The ARPU for the quarter was Rs. 259, benefiting from an extra day in the quarter. The company emphasized its focus on 5G densification, network modernization, and growth in its homes and IPTV business. The balance sheet remained strong, with net debt excluding leases at approximately Rs. 960 Crores and a net debt to EBITDAaL ratio of 0.2. Management expressed confidence in the long-term growth potential of the home broadband segment despite recent adjustments in customer acquisition strategies.
Management highlighted strong financial performance and growth opportunities.
Sourced from an exchange-filed transcript, dated 10 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Bharti Hexacom Limited reported strong financial results for Q4 FY2026, with consolidated revenues reaching approximately Rs. 55,400 Crores, marking a 2.6% sequential growth. The company achieved a lifetime high consolidated revenue of about Rs. 2,11,000 Crores for the full year, supported by robust performance in both India and Africa. EBITDAaL for Q4 was around Rs. 28,800 Crores, with margins improving to 52%. Management highlighted a focus on operational excellence, portfolio premiumization, and cost control initiatives. The company also announced a significant increase in dividend per share from Rs. 16 to Rs. 24. New growth areas include data centers, financial services, and Airtel Cloud, with ongoing investments aimed at future-proofing the business. The management acknowledged challenges from geopolitical factors and competitive pressures but expressed confidence in the company's strategic direction and growth potential.
Management emphasized strong performance and growth opportunities across various segments.
Sourced from an exchange-filed transcript, dated 20 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Bharti Hexacom Limited reported its Q3 FY2026 earnings during the earnings call held on February 6, 2026. The company achieved a revenue of approximately Rs.2,360 crores, reflecting a sequential growth of 1.8%. EBITDAaL for the quarter was over Rs.1,120 crores, with a margin of 47.6%. The mobile customer base reached 28.4 million, with a net addition of 370,000 customers, including 283,000 smartphone users. The average revenue per user (ARPU) was Rs.253, driven by a focus on quality customers and portfolio premiumization. The homes business saw significant growth, with a record net addition of 73,000 customers, contributing to over 10% sequential revenue growth. The company emphasized its strategy of expanding Fixed Wireless Access (FWA) and deepening its Fiber-to-the-Home (FTTH) footprint. The balance sheet remained robust, with net debt below 1 and strong operating free cash generation of Rs.784 crores.
Management highlighted strong performance and growth in key areas.
Sourced from an exchange-filed transcript, dated 13 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (1 item); Investigation or enforcement mention (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
Bharti Hexacom Limited has undisputed amounts payable in respect of Goods and Service tax, Provident Fund, Employees’ State Insurance, Income-tax, Duty of custom, cess and other material statutory dues in arrears as at March 31, 2025 for a period of more than six months from the date they became payable.
Investigation or enforcement mention
1 occurrenceEarlier (1-3 years ago)
The company received one whistle blower complaint during FY 2023-24, which was investigated and resolved as of March 31, 2024.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The auditor evaluated the operating effectiveness of the Company’s internal financial controls and identified significant deficiencies.
Contingent Liability
4 occurrencesRecent (last 12 months)
The company has recognized provisions for probable outflows related to regulatory matters and disclosed contingencies where obligations are considered possible. The auditor noted this as a key audit matter due to significant judgment involved in determining outcomes and amounts.
Bharti Airtel Limited and Bharti Hexacom Limited have a contingent liability that was previously disclosed and is now being provided for, with no new demands or exceptional issues involved.
Earlier (1-3 years ago)
Bharti Hexacom Limited has contingent liabilities related to service tax and GST demands from authorities, including applicability of service tax under reverse charge on License Fees and Spectrum Usage Charges paid to DOT for the quarter ended June 30, 2017, and GST demands related to Transitional Credit of Capital Goods and differences in ITC claimed versus available on the portal.
The company has disclosed contingent liabilities related to pending tax or regulatory matters, with economic outflows considered possible. The audit highlights these as a key audit matter due to significant judgment in determining outcomes and amounts.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company approved Material Related Party Transactions with Bharti Airtel Limited, a holding company and a related party under the Companies Act and SEBI regulations.
Earlier (1-3 years ago)
The company approved a related party transaction for the sale/transfer of Passive Infrastructure Business Undertaking comprising mobile/wireless communication towers and related infrastructure to Indus Towers Limited, approved by 99.99% shareholders.
Bharti Hexacom Limited had two related parties, Bharti Airtel Limited (70% stake) and TCIL (30% stake), prior to its equity share listing on April 12, 2024. These entities were not allowed to vote on material related party transactions under Regulation 23(4) of SEBI Listing Regulations.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
Bharti Hexacom Limited has disputed statutory dues under the Custom Act, 1962 for the period 2001-2005, with the dispute pending in the Supreme Court.
Earlier (1-3 years ago)
Bharti Hexacom Limited has disputed statutory dues under the Custom Act and Service Tax, with amounts totaling INR 886 million, pending in various forums including the Supreme Court and High Court as of March 31, 2024.