BHARTIARTL
BHARTI AIRTEL LIMITED
Each stock's 10,000-path forecast, rendered as light.
BHARTI AIRTEL LIMITED (BHARTIARTL) Stock Analysis & Case Study
Is BHARTIARTL a good buy? The data-driven verdict.
BHARTI AIRTEL LIMITED (BHARTIARTL) trades at ₹1,960,on the numbers it worth a closer look, a Downstox Snapshot Score of 65/100.
On the numbers, BHARTI AIRTEL LIMITED (BHARTIARTL) worth a closer look, a Downstox Snapshot Score of 65/100, weighing premium at 39.2× earnings, ROE of 20.3%, a 72% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
The Downstox take on BHARTIARTL
The debate here is whether a telecom carrier deserves a near 40 P/E that usually belongs to a consumer compounder. The 21.9% ROE and 18.5% ROCE show the pricing power and operating discipline that justify some premium, but the gap between those two figures hints at how much borrowed capital and spectrum spend still sit underneath the returns. A Piotroski score of 4 of 8 is the discordant note, suggesting the underlying financial momentum is not yet matching the multiple. Watch whether free cash and balance-sheet quality strengthen enough to grow into that valuation, since the sub 1% yield leaves little cushion if they do not.
Downstox editorial view, written by our own analysts on 23 Jun 2026. The figures quoted were accurate then; see the live ratios above for today's numbers. Information, not investment advice.
BHARTIARTL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How BHARTIARTL ranks against the 2,373 companies in our screener
- BHARTIARTL's market cap of 12.23L Cr ranks in the top 1% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- BHARTIARTL's book value of ₹245 ranks in the 77th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- BHARTIARTL's promoter holding of 50.1% ranks in the 30th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- BHARTIARTL's 3-year profit (PAT) growth of 45.0% ranks in the 81st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- BHARTIARTL's 3-year revenue growth of 15.0% ranks in the 63rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- BHARTIARTL's debt-to-equity ratio of 1.31x is lower than 9% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is BHARTIARTL overvalued? BHARTIARTL P/E vs its Telecom
BHARTIARTL's P/E of 39.2× sits above the Telecom peer median of 16.5×, so on earnings it screens richer than peers, while its 1.22% dividend yield is above the peer median of 1.22%.
BHARTIARTL share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of BHARTIARTL history (19%/yr drift, 21%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| BHARTIARTL 2027 | ₹1,704 | ₹2,212 | ₹2,870 | +13% |
| BHARTIARTL 2028 | ₹1,720 | ₹2,496 | ₹3,620 | +27% |
| BHARTIARTL 2029 | ₹1,790 | ₹2,816 | ₹4,431 | +44% |
| BHARTIARTL 2030 | ₹1,870 | ₹3,178 | ₹5,399 | +62% |
| BHARTIARTL 2031 | ₹1,996 | ₹3,585 | ₹6,439 | +83% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability BHARTIARTL goes up, or doubles?
The bull case for BHARTIARTL
- BHARTIARTL's return on equity of 20.3% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- A 10,000-path probability model puts a 72% chance the price is higher in a year, with a median target of ₹2,212 (+13%).
- Relatively low volatility (21%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹4,431.
The bear case & risks
- BHARTIARTL's P/E of 39.2x is lower than 34% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹1,790.
BHARTIARTL volatility & expected range, how bumpy is the ride?
Over the last 9.8 years BHARTIARTL compounded at 19%/year with annualized volatility of 21%. That volatility implies a 1-year 80% range of ₹1,704-₹2,870, the honest backbone behind any single price target.
BHARTIARTL price forecast, the full 60-month probability fan
BHARTIARTL price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds BHARTIARTL hits common targets within the simulated horizon?
Full multi-horizon detail on the BHARTIARTL price target & forecast page.
BHARTIARTL Piotroski F-Score: 5/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. BHARTIARTL scores 5/8, mixed financial health.
BHARTIARTL MTF margin & leverage across 11 brokers
Margin Trading Facility lets you buy BHARTIARTL with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 23.00% | 4.3× |
| Zerodha | 22.60% | 4.4× |
| Groww | 22.56% | 4.4× |
| Dhan | 22.00% | 4.5× |
| Kotak NeoCHEAPEST | 20.00% | 5.0× |
| Paytm MoneyCHEAPEST | 20.00% | 5.0× |
| Pocketful | 26.50% | 3.8× |
| Fyers | 27.03% | 3.7× |
| Anand Rathi | 26.50% | 3.8× |
| Bajaj Broking | 23.00% | 4.3× |
| Share India | 26.50% | 3.8× |
Compare every broker on the BHARTIARTL MTF page.
BHARTIARTL vs peers,Telecom comparison
| Stock | P/E | Div yield | Market cap |
|---|---|---|---|
| BHARTIARTL (this stock) | 39.2× | 1.22% | ₹12.23L Cr |
| RAILTEL | 49.4× | 1.13% | ₹9,261 Cr |
| IDEA | -3.3× | 0.00% | ₹1.38L Cr |
| RELIANCE | 24.2× | 0.45% | ₹18.06L Cr |
| TCS | 16.5× | 2.61% | ₹8.87L Cr |
| HDFCBANK | 14.3× | 1.78% | ₹11.26L Cr |
| INFY | 15.3× | 4.08% | ₹4.77L Cr |
Fundamentals from Screener.in, as of 9 Aug 2026
About BHARTI AIRTEL LIMITED: sector, index & market-cap context
BHARTI AIRTEL LIMITED (BHARTIARTL) is a large-cap NSE-listed company in the Telecom sector, and a constituent of the Nifty 50 index, with a market capitalisation of ₹12.23L Cr. See more stocks on our screener.
How the BHARTIARTL Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of BHARTI AIRTEL LIMITED's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
BHARTIARTL analysis, FAQs
Is BHARTI AIRTEL LIMITED (BHARTIARTL) a good buy?
On the numbers, BHARTI AIRTEL LIMITED (BHARTIARTL) worth a closer look, a Downstox Snapshot Score of 65/100, weighing premium at 39.2× earnings, ROE of 20.3%, a 72% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is BHARTIARTL overvalued or undervalued?
BHARTIARTL trades at 39.2× earnings versus a peer median of 16.5×, so it screens richer than its Telecom peers.
What is the BHARTIARTL share price target for 2031?
BHARTIARTL's probability-weighted 2031 median target is ₹3,585, with an 80% range of ₹1,996-₹6,439 (10,000-path Monte-Carlo).
What is the probability BHARTIARTL doubles in 5 years?
The modelled probability of BHARTIARTL reaching ₹3,920 (2×) within 5 years is 42%.
What is the bull case for BHARTIARTL?
BHARTIARTL's return on equity of 20.3% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 72% chance the price is higher in a year, with a median target of ₹2,212 (+13%). Relatively low volatility (21%/yr), a steadier ride than the typical mid/small-cap.
What are the risks in BHARTIARTL?
BHARTIARTL's P/E of 39.2x is lower than 34% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.