Synopsis: A large-cap telecom company’s shares are in focus today after announcing Strong Q2 results.
A large-cap company that provides consumer mobile services, fixed-line telephone and broadband services in Rajasthan and Northeast telecom circles, is in the spotlight today after posting Q2FY26 results. Read the article below for detailed insights into its performance.
With a market capitalization of Rs. 94,050 crore, the shares of Bharti Hexacom Limited were trading at Rs. 1,832.80, down by 1.85 percent from its previous closing price of Rs. 1,867.30. In today’s trading session it has touched an intraday low of Rs. 1,826.
Q2FY26 Results
Bharti Hexacom Limited reported Rs. 2,317.3 crore in revenue for the second quarter of FY26, a 10.48 percent increase over the Rs. 2,097.6 crore for the same period in FY25. It increased by 2.40 percent as compared to Rs. 2,263 crore in Q1 FY26.
The company’s EBITDA for Q2 FY26 stood at Rs. 1,208.1 crore, up by 4.1 percent from Rs. 1,160.7 crore in Q1 FY26, and rose by 20.6 percent from Rs. 1,001.9 crore in Q2 FY25.
The consolidated net profit for the second quarter of FY26 was Rs. 421.2 crore, which was 7.6 percent higher than the Rs. 391.6 crore reported in the previous quarter and increased by 66.4 percent from Rs. 253.1 crore in Q2 FY25. Profit growth was also reflected in earnings per share (EPS), which increased to approximately Rs. 8.42 in Q2 FY26 from Rs. 7.83 in Q1 FY26 and Rs. 5.06 in Q2 FY25.
Other Highlights
The company reported strong operational and financial momentum in Q2 FY26, with mobile services revenue rising 9.6 percent year-on-year, driven by higher ARPU and increased smartphone customer additions. The Homes and Offices segment also maintained robust performance, recording 46.9 percent YoY revenue growth and adding 60,000 new customers during the quarter. The company’s Net Debt-to-EBITDAaL ratio stood at a healthy 0.64 times, reflecting a strong balance sheet position.
Operationally, performance remained solid with smartphone data customers up by 1.6 million YoY and now forming 78 percent of the total mobile base. Mobile ARPU improved to Rs. 251 from Rs. 228 a year earlier, while average monthly data consumption per user surged 27 percent YoY to 30.7 GB. The Homes and Offices business continued its upward trajectory, supported by consistent customer additions and growing demand for high-speed connectivity solutions.
About the company
Bharti Hexacom Limited, a subsidiary of Bharti Airtel Limited, provides mobile, fixed-line, and broadband services across India under the Airtel brand. Operating through Mobile Services and Home and Office Services segments, it offers 2G, 4G, and 5G connectivity, fiber networks, broadband, and Airtel Black bundles combining mobility, Wi-Fi, digital TV, and OTT services. Incorporated in 1995 and headquartered in New Delhi, the company was formerly known as Hexacom India Limited before being renamed Bharti Hexacom Limited in 2004.
A return on equity (ROE) of about 25.2 percent, a return on capital employed (ROCE) of about 17.4 percent and debt to equity ratio at 1.24 demonstrate the company’s financial position. At the moment, the company’s P/E ratio is 57.2x which is higher as compared to its industry P/E 54.3x.
As of September 2025, the company’s shareholding pattern shows that promoters hold 70 percent of the total equity, indicating strong promoter ownership. Foreign Institutional Investors (FIIs) hold 3.94 percent, while Domestic Institutional Investors (DIIs) own 10.24 percent. The public shareholding stands at 15.83 percent, reflecting a healthy level of retail and institutional participation in the company.
Written By Akshay Sanghavi
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