Bharti Airtel BHARTIARTL
5G/6G Telecom Buildout: India's largest listed telco by market cap
Mapped in 3 themes: Nifty 50, Data Center / AI Infrastructure and 5G/6G Telecom Buildout.
Where Bharti Airtel sits in the supply chain
Bharti Airtel appears in 2 supply-chain layers across 2 themes: Data Center / AI Infrastructure and 5G/6G Telecom Buildout.
Data Center / AI Infrastructure › DC Operators & REIT Layer
OwnerParent of Nxtra Data, one of India's largest data-centre operators
Other companies in this layer
5G/6G Telecom Buildout › Telecom Operators (Demand Side)
OperatorIndia's largest listed telco by market cap
Other companies in this layer
Index membership
Bharti Airtel is in the Nifty 50 (NSE industry: Telecommunication).
Nifty 50 › Telecommunication
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 1,49,982 | 1,72,985 | 2,10,973 |
| Net profit | 8,558 | 37,481 | 33,823 |
Latest-year revenue ₹2.11L Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths · in 5G/6G Telecom Buildout
- India's largest telco by market cap with the strongest balance sheet among private operators gives it the capex firepower to lead 5G densification and fibreisation ahead of weaker rivals
- Industry-leading ARPU and premiumisation trends give it pricing power that financially weaker operators cannot replicate
Risks · in 5G/6G Telecom Buildout
- FY25's large profit jump reflects a one-off/deferred-tax-related gain rather than a fundamental step-change
Common questions
What does Bharti Airtel do?
In 5G/6G Telecom Buildout: India's largest listed telco by market cap. NextResearch maps it in 2 supply chains: 5G/6G Telecom Buildout and Data Center / AI Infrastructure.
Where does Bharti Airtel sit in the supply chain?
Bharti Airtel (NSE: BHARTIARTL) is mapped in 2 supply-chain layers: DC Operators & REIT Layer (Data Center / AI Infrastructure) and Telecom Operators (Demand Side) (5G/6G Telecom Buildout).
Who are Bharti Airtel's peers?
In the Telecom Operators (Demand Side) layer of 5G/6G Telecom Buildout: Vodafone Idea, Bharti Hexacom, Tata Communications, Jio Platforms (Reliance Jio Infocomm) (not NSE-listed), Tata Teleservices (Maharashtra), Mahanagar Telephone Nigam (MTNL) and 1 more.
What is Bharti Airtel's market cap and valuation?
As of 30 Oct 2026: market cap ₹12.31L Cr, P/E 39.4x, ROCE 17.6%, ROE 20.3%, dividend yield 1.22%.