Telecom operator serving ~624M customers across India and 14 African countries
Price
Market Cap
Sector
Telecommunication
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 2.7k | 2.7k | 2.8k | 2.8k | 2.9k | 2.9k | 2.9k | 3.0k |
| Reserves | 74.4k | 56.2k | 63.8k | 74.7k | 79.1k | 110.8k | 114.9k | 146.0k |
| Borrowings | 148.2k | 162.8k | 169.7k | 226.0k | 215.6k | 213.6k | 208.0k | 195.4k |
| Other Liabilities | 133.7k | 122.7k | 125.0k | 141.0k | 144.4k | 177.7k | 198.1k | 200.9k |
| Total Liabilities | 359.1k | 344.4k | 361.2k | 444.6k | 442.0k | 505.0k | 523.9k | 545.4k |
| AssetsFixed Assets | 229.3k | 223.5k | 244.1k | 277.4k | 303.3k | 388.5k | 395.1k | 406.3k |
| CWIP | 4.3k | 5.7k | 6.0k | 49.4k | 16.9k | 11.0k | 10.2k | 12.9k |
| Investments | 25.5k | 27.6k | 29.3k | 33.0k | 31.6k | 5.8k | 9.5k | 18.9k |
| Other Assets | 100.1k | 87.7k | 81.8k | 84.8k | 90.2k | 99.7k | 109.1k | 107.2k |
| Total Assets | 359.1k | 344.4k | 361.2k | 444.6k | 442.0k | 505.0k | 523.9k | 545.4k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 20.1k | 18.1k | 48.2k | 55.0k | 65.3k | 78.9k | 98.3k | 122.2k |
| Cash from Investing | -28.3k | -29.6k | -27.3k | -41.5k | -39.2k | -51.1k | -60.2k | -56.2k |
| Cash from Financing | 9.5k | 19.1k | -24.9k | -15.2k | -24.5k | -27.8k | -36.5k | -52.3k |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -9.0k | -2.5k | 21.1k | 29.0k | 38.9k | 39.0k | 59.0k | 76.7k |
| FCF Margin | — | — | — | — | — | — | — | — |
For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.
BHARTIARTL · CAPITAL_INTENSIVE
Guides on how to read this kind of business and the numbers that matter.