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 2026-09-21 close
Latest results: BHARTIARTL Jun 2026 · BHARTIHEXA Jun 2026
At a glance
- Bharti Airtel Limited is the larger company by market value, about 15.0 times the size of Bharti Hexacom Limited.
- On trailing earnings, Bharti Airtel Limited trades at the lower P/E (31.4 against 41.7).
- Bharti Hexacom Limited earns the higher return on equity (25.5% against 24.4%).
- Over three years Bharti Airtel Limited has grown profits faster (49% a year against 47%).
- Over the past year the share prices returned -3.9% (BHARTIARTL) and -10.5% (BHARTIHEXA).
| Metric | Bharti Airtel BHARTIARTL |
Bharti Hexacom BHARTIHEXA |
|---|---|---|
| Size and price | ||
| Market cap | ₹1,141,799 Cr | ₹76,100 Cr |
| Share price | ₹1,830 | ₹1,522 |
| Valuation | ||
| P/E | 31.36 | 41.71 |
| P/B | 7.66 | 10.62 |
| EV/EBITDA | 10.69 | 16.28 |
| PEG | 0.64 | 0.89 |
| Dividend yield | 0.9% | 0.6% |
| Profitability | ||
| ROE | 24.4% | 25.5% |
| ROCE | 18.0% | 22.0% |
| Operating margin | 56.9% | 52.6% |
| Sales (TTM) | ₹220,049 Cr | ₹9,601 Cr |
| Net profit (TTM) | ₹36,412 Cr | ₹1,824 Cr |
| Growth | ||
| Latest quarter sales YoY | +18.4% | +10.9% |
| Latest quarter profit YoY | +34.9% | +23.2% |
| 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 | 1.31 | 0.86 |
| Interest cover | 3.11 | 4.45 |
| Ownership | ||
| Promoter holding | 48.9% | 70.0% |
| Promoter change (4 qtrs) | -2.39 pp | +0.00 pp |
| Price performance | ||
| Return 1M | -5.74% | -5.79% |
| Return 3M | -4.51% | +1.12% |
| Return 1Y | -3.90% | -10.48% |
| Return YTD | -13.08% | -16.45% |
| Technical condition | ||
| Technical score | 25 | 27 |
| RS rating (1-99) | 44.00 | 46.00 |
| % vs 200-DMA | -4.87% | -4.30% |
| RSI (14) | 43.27 | 47.05 |
| % from 52-week high | -15.83% | -22.17% |
