Bharti Airtel Ltd.
Telecom · NSE
52-week range
₹1,747 – ₹2,175
From 52w high
-15.6%
RSI (14)
47.7
vs SMA 50 / 200
↓ 50 · ↓ 200
Bharti Airtel (BHARTIARTL) trades at ₹1,834.50, below both its 50-DMA (₹1,847.78) and 200-DMA (₹1,961.66), with a 52-week drawdown of 15.64% and a flat 1-year return of -2.69%. The company carries a debt-to-equity ratio of 117.1 on a rising trend, offset by 19.6% 5-year revenue growth and FCF positive in 4 of the tracked years. Trailing PE of 36.2 compresses to a forward PE of 27.7, embedding an expectation of earnings recovery not yet visible in the 5-year earnings trend of -55.3%.
- ✓Revenue growth of 19.6% over 5 years reflects strong top-line compounding in a capital-intensive sector where pricing power and subscriber scale matter.
- ✓Free cash flow was positive in 4 of the tracked historical years, indicating the core operations generate cash despite heavy capex demands of telecom infrastructure.
- ✓Forward PE of 27.7 represents a 23.5% compression versus the trailing PE of 36.2, suggesting the market is pricing in a material step-up in near-term earnings.
- ✓Analyst coverage is active with 31 analysts and a mean rating of 1.65 on a 1–5 scale (lower = more constructive), reflecting broad institutional attention to the name.
- ✗Debt-to-equity of 117.1 is structurally elevated with a rising trend; in a sector requiring perpetual capex for spectrum and network, this limits financial flexibility and amplifies rate-cycle sensitivity.
- ✗5-year earnings growth of -55.3% shows that revenue gains have not translated to bottom-line improvement, pointing to cost structure, depreciation, and interest burden absorbing the top-line gains.
- ✗ROE exceeded 15% in only 1 of the tracked years, and the quality score of 30 places BHARTIARTL at the bottom of its 6-member Telecom peer group on this composite metric.
- ✗Price has declined 9.44% over the past 3 months and remains below both key moving averages, with the 200-DMA standing 7% above current price — the gap reflects the duration of the underperformance.
- ·Business Today reported in late April 2026 that a $2 billion Airtel Money IPO may be in consideration, which if executed could represent a value-unlocking event for the payments and fintech subsidiary.
- ·The stock appears in ETF constituent listings on TradingView, indicating continued inclusion in passive vehicles which provides a structural demand floor for the shares.
- ·The news sample across the analysis window is sparse at 2 articles; material corporate developments or regulatory actions in the period may not be captured in this analysis.
- ?Does the implied earnings recovery embedded in the forward PE of 27.7 rest on assumptions of ARPU (average revenue per user) growth, subscriber additions, or margin expansion — and which of these has the strongest historical track record for Airtel?
- ?Given the debt-to-equity of 117.1 on a rising trend and 4 of tracked years with positive FCF, what is the trajectory of net debt in absolute terms and is the interest coverage ratio improving or deteriorating?
- ?If the Airtel Money IPO proceeds at the reported $2 billion valuation, how does that implied subsidiary value compare against the current consolidated market capitalisation and what does it imply for the remaining core telecom business?
- ?The quality score of 30 ranks last in the peer group — is this a reflection of the telecom sector capital structure (which structurally depresses quality scores) or does BHARTIARTL underperform even on metrics adjusted for sector norms?
PE
36.2
Forward PE
27.7
ROE
+23.1%
Profit margin
+14.9%
D/E
117.09
Dividend yield
+0.9%
Quality score
30/100
ROE 5y above 15%
1/5 yrs
FCF 5y positive
4/5 yrs
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.Analysis generated 10 May 2026.