Bharti Airtel Limited vs Bharti Hexacom Limited
An objective side-by-side of BHARTIARTL and BHARTIHEXA, both in Telecommunications - Service Provider: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-11-05 close
Latest results: BHARTIARTL Sep 2026 · BHARTIHEXA Sep 2026
At a glance
- Bharti Airtel Limited is the larger company by market value, about 15.1 times the size of Bharti Hexacom Limited.
- On trailing earnings, Bharti Airtel Limited trades at the lower P/E (33.4 against 43.1).
- Bharti Hexacom Limited earns the higher return on equity (26.9% against 24.3%).
- Over three years Bharti Airtel Limited has grown profits faster (49% a year against 47%).
- Over the past year the share prices returned -0.4% (BHARTIARTL) and -9.0% (BHARTIHEXA).
| Metric | Bharti Airtel BHARTIARTL |
Bharti Hexacom BHARTIHEXA |
|---|---|---|
| Size and price | ||
| Market cap | ₹1,283,230 Cr | ₹84,930 Cr |
| Share price | ₹2,056.90 | ₹1,698.60 |
| Valuation | ||
| P/E | 33.36 | 43.13 |
| P/B | 8.12 | 11.61 |
| EV/EBITDA | 11.36 | 17.42 |
| PEG | 0.68 | 0.92 |
| Dividend yield | 0.8% | 0.6% |
| Profitability | ||
| ROE | 24.3% | 26.9% |
| ROCE | 18.0% | 22.0% |
| Operating margin | 57.1% | 52.9% |
| Sales (TTM) | ₹228,781 Cr | ₹9,866 Cr |
| Net profit (TTM) | ₹38,472 Cr | ₹1,969 Cr |
| Growth | ||
| Latest quarter sales YoY | +16.7% | +11.4% |
| Latest quarter profit YoY | +23.8% | +34.4% |
| Sales CAGR 3Y | +15.0% | +12.0% |
| Profit CAGR 3Y | +49.0% | +47.0% |
| Sales CAGR 5Y | +16.0% | +15.0% |
| Profit CAGR 5Y | +24.0% | +35.0% |
| Financial strength | ||
| Debt/Equity | 1.26 | 0.82 |
| Interest cover | 3.11 | 4.45 |
| Ownership | ||
| Promoter holding | 50.1% | 70.0% |
| Promoter change (4 qtrs) | -0.20 pp | +0.00 pp |
| Price performance | ||
| Return 1M | +13.61% | +22.48% |
| Return 3M | +3.99% | +9.40% |
| Return 1Y | -0.45% | -9.01% |
| Return YTD | -2.31% | -6.76% |
| Technical condition | ||
| Technical score | 83 | 91 |
| RS rating (1-99) | 69.00 | 71.00 |
| % vs 200-DMA | +8.87% | +8.92% |
| RSI (14) | 71.50 | 65.57 |
| % from 52-week high | -5.41% | -11.76% |
