Bharti Hexacom BHARTIHEXA
Bharti Airtel subsidiary (listed 2024) - second-largest wireless operator in Rajasthan and Northeast circles
Mapped in 1 theme: 5G/6G Telecom Buildout.
Where Bharti Hexacom sits in the supply chain
Bharti Hexacom appears in 1 supply-chain layer in one theme, 5G/6G Telecom Buildout.
5G/6G Telecom Buildout › Telecom Operators (Demand Side)
OperatorOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 7,089 | 8,548 | 9,354 |
| Net profit | 504 | 1,494 | 1,733 |
Latest-year revenue ₹9,354 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Operating margins above 50% in recent quarters and a dominant position in the Rajasthan and Northeast circles reflect genuine standalone profitability, not just a pass-through of parent Airtel's scale
Risks
- As an Airtel subsidiary, its fortunes are closely tied to the parent group's capital-allocation and circle strategy decisions
Common questions
What does Bharti Hexacom do?
Bharti Airtel subsidiary (listed 2024) - second-largest wireless operator in Rajasthan and Northeast circles.
Where does Bharti Hexacom sit in the supply chain?
Bharti Hexacom (NSE: BHARTIHEXA) is mapped in 1 supply-chain layer: Telecom Operators (Demand Side) (5G/6G Telecom Buildout).
Who are Bharti Hexacom's peers?
In the Telecom Operators (Demand Side) layer of 5G/6G Telecom Buildout: Bharti Airtel, Vodafone Idea, Tata Communications, Jio Platforms (Reliance Jio Infocomm) (not NSE-listed), Tata Teleservices (Maharashtra), Mahanagar Telephone Nigam (MTNL) and 1 more.
What is Bharti Hexacom's market cap and valuation?
As of 30 Oct 2026: market cap ₹81,857 Cr, P/E 44.3x, ROCE 21.4%, ROE 26.0%, dividend yield 1.10%.