Bharti Airtel Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Bharti Airtel Limited's yearly results (2023–2026), compared with Communication Services companies in India. Tap ? on any ratio for what it means.
What stands out
- Tangible Net Worth Ratio: Goodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative. Less tangible than 94% of Communication Services companies in India.
- Profit Cash Ratio: Over the last 3 years, every ₹100 of reported profit came with ₹442 of operating cash. Higher than 92% of Communication Services companies in India.
- Tangible Assets Ratio: Of every ₹100 the company owns, ₹67 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles. Less tangible than 88% of Communication Services companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
₹442Over the last 3 years, every ₹100 of reported profit came with ₹442 of operating cash.
Higher than 92% of Communication Services companies in India.
Self-Funding Ratio
2.4×Over the last 3 years its own operating cash covered its investment spending (capex) 2.4 times.
Higher than 65% of Communication Services companies in India.
Cash Locked Ratio
−₹32Money owed to suppliers is larger than money owed by customers plus stock: ₹32 per ₹100 of sales comes from others' credit, against ₹38 from others' credit three years earlier.
Less money tied up than 84% of Communication Services companies in India.
Growth quality
Steadiness Ratio
3/3 · 1/3Sales grew in 3 of the last 3 years; profit grew in 1 of 3.
Steadier than 61% of Communication Services companies in India.
Growth Efficiency Ratio
₹26Sales grew 52% in 3 years; of every extra ₹100 of sales, ₹26 became extra profit.
Higher than 70% of Communication Services companies in India.
Asset Productivity Ratio
+52% / +24%In 3 years sales changed by +52% while total assets changed by +24%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
5.7×Debt due within a year is covered 5.7 times by its yearly operating cash.
Higher than 69% of Communication Services companies in India.
Cash Cushion Ratio
−12%Debt, after subtracting cash, equals 12% of its market value (net debt).
Lower than 52% of Communication Services companies in India.
Tangible Assets Ratio
67%Of every ₹100 the company owns, ₹67 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
Less tangible than 88% of Communication Services companies in India.
Tangible Net Worth Ratio
NegativeGoodwill and other intangibles are larger than its whole net worth, so its tangible net worth is negative.
Less tangible than 94% of Communication Services companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (14)
Bharti Airtel Limited owes ₹0.65 for every ₹1 it owns. Net profit fell 20% in the year to Mar 2026, and grew 47% a year on average over 3 years.
Compared with Communication Services companies in India · latest annual results Mar 2026.
P/E ratio
39.6Investors pay ₹39.6 for every ₹1 of Bharti Airtel Limited's yearly profit, higher than 61% of Communication Services companies in India.
P/B ratio
7.31The share price is 7.31 times Bharti Airtel Limited's book value per share, higher than 85% of Communication Services companies in India.
Market cap
₹1,182,103 CrThe total market value of all of Bharti Airtel Limited's shares at today's price (share price × number of shares), larger than almost all Communication Services companies in India. PosiCap size class: Tito Cap.
Net worth (book value)
₹161,815 CrWhat Bharti Airtel Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (30 Jun 2026).
Book value per share
₹259.40Net worth divided by the number of shares. The share price of ₹1,895 is 7.3 times this, which is the P/B above.
Return on equity (ROE)
20.1%Bharti Airtel Limited earned 20.1% on its shareholders' money over the last year, higher than 84% of Communication Services companies in India.
Owes vs Owns
0.65×Bharti Airtel Limited owes ₹0.65 for every ₹1 it owns (moderate), higher than 77% of Communication Services companies in India.
Dividend yield
1.33%Bharti Airtel Limited pays 1.33% of its share price as dividends a year, higher than 59% of dividend-paying Communication Services companies in India.
Revenue growth
+22%Revenue rose 22% in the year to Mar 2026, and grew 15% a year on average over 3 years.
Profit growth
-20%Net profit fell 20% in the year to Mar 2026, and grew 47% a year on average over 3 years.
Profit margin
12.7%Bharti Airtel Limited keeps ₹13 of every ₹100 of revenue as net profit.
Cash quality
4.6×Cash from Bharti Airtel Limited's business was 4.6× its reported profit in the year to Mar 2026 — its profit turned into cash.
Interest cover
3.8×Bharti Airtel Limited's operating profit covered its interest costs 3.8 times in the year to Mar 2026.
Cash vs debt
Net debtBharti Airtel Limited had ₹145,214 Cr more debt than cash (net debt) at Mar 2026.
Questions
What is Bharti Airtel Limited's P/E ratio?
Investors pay ₹39.6 for every ₹1 of Bharti Airtel Limited's yearly profit, higher than 61% of Communication Services companies in India.
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Bharti Airtel Limited: ₹1,182,103 Cr ÷ ₹161,815 Cr (30 Jun 2026) = 7.3.
What is Bharti Airtel Limited's return on equity?
Bharti Airtel Limited earned 20.1% on its shareholders' money over the last year, higher than 84% of Communication Services companies in India.
How much does Bharti Airtel Limited owe compared with what it owns?
Bharti Airtel Limited owes ₹0.65 for every ₹1 it owns (moderate), higher than 77% of Communication Services companies in India.
Does Bharti Airtel Limited pay a dividend?
Yes. Bharti Airtel Limited pays 1.33% of its share price as dividends a year, higher than 59% of dividend-paying Communication Services companies in India.
Is Bharti Airtel Limited's revenue growing?
Revenue rose 22% in the year to Mar 2026, and grew 15% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.