Telecommunication · NSE: BHARTIARTL
Intrynsic's multi-model valuation estimates Bharti Airtel Limited's fair value at ₹3,600 per share (range ₹1,972–₹3,600) against a market price of ₹1,898 - a gap of +89.6% (updated 24 July 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹1,898
close of 24 Jul 2026
Est. fair value
₹3,600
₹1,972–₹3,600
Gap
+89.6%
price vs estimate
Trading ~90% below our estimated fair-value range. Assumptions and per-model workings are below.
Bharti Airtel is India's second-largest telecom operator, selling mobile, broadband and enterprise connectivity across India and Africa. Rising tariffs and data usage drive its revenue per user.
Telecommunication · Telecom - Services
Over the last 3 years, revenue grew 14.9%/yr and profit grew 40.1%/yr.
Every ₹100 of shareholder money earned ₹22.7 in profit last year, vs a sector median of 10.4%.
Debt is 1.31x equity — manageable, worth watching.
The market price is below our estimated fair-value range (based on stated assumptions).
About ₹316 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 5 of 5 years.
Intrynsic values Bharti Airtel Limited with 3 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| DCFFuture Cash Flows Method | ₹1,972 | +4% | - |
| EV/EBITDAIndustry Comparison Method | ₹3,600 | +90% | - |
| EV/EBITAfter-Depreciation Comparison Method | ₹2,519 | +33% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 22.1% a year for the next decade - versus 16.0% historical revenue growth.
| Revenue | ₹2,10,973 Cr | |
| Net profit | ₹33,823 Cr | |
| EPS | ₹43.81 | |
| Free cash flow | ₹75,516 Cr | |
| ROE (latest) | 22.7% | |
| Revenue growth (CAGR) | 9.2% | |
| Profit growth (CAGR) | 34.5% |
Intrynsic's multi-model valuation estimates Bharti Airtel Limited's fair value at ₹3,600 per share (range ₹1,972–₹3,600), last updated 24 July 2026. This is an estimate based on stated assumptions, not investment advice.
Bharti Airtel Limited trades at ₹1,898 against Intrynsic's estimated fair value of ₹3,600 - the market price is 90% below the estimate, i.e. below our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
Bharti Airtel Limited trades at about 43.3 times its latest annual earnings per share.
Bharti Airtel is India's second-largest telecom operator, selling mobile, broadband and enterprise connectivity across India and Africa. Rising tariffs and data usage drive its revenue per user.
Intrynsic runs 3 valuation models for Bharti Airtel Limited (DCF, EV/EBITDA, EV/EBIT) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy