# Bharti Hexacom (BHARTIHEXA) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/bhartihexa

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,658.2
- Change: -2.38%
- As of: 2026-11-06
- 1D return: -2.38%
- 5D return: +1.34%
- 1M return: +10.50%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

As of the close on 5 November 2026, BHARTIHEXA trades at ₹1,693.00, positioned near the upper end of its recent ranges (+77.3% in the 20-day window and +83.5% in the 50-day window). The daily trend is established and bullish, with price holding above all key moving averages (20-day, 50-day, and 200-day) and the Supertrend indicator. Momentum supports this view, evidenced by a strong ADX of 28.45 and Plus DI significantly exceeding Minus DI (28.98 vs 12.16). However, a structural conflict exists on the weekly horizon, where the Supertrend remains bearish despite price being above moving averages, suggesting underlying resistance to sustained upward momentum. Monthly trends reinforce the bullish bias with an even stronger ADX of 37.67. Volatility is elevated at 32.8%, and the stock is currently 14.7% below its available high. Immediate technical focus lies on whether price can sustain levels above ₹1,693 against nearby resistance at ₹1,698.53 and ₹1,705.28.

- Daily trend is bullish and established (ADX 28.45), with price trading above all major moving averages and the Supertrend.
- Weekly structure shows divergence: price is above moving averages but the Supertrend remains bearish, indicating mixed medium-term conviction.
- Price is near recent highs (+77.3% in 20-day range); immediate resistance sits at ₹1,698.53 (0.33%) and ₹1,705.28 (0.73%).
- Support levels are clustered lower, with initial support at ₹1,678.27 (-0.87%) and secondary support at ₹1,676.21 (-0.99%).

- Inside Bar
- Bullish Engulfing Reversal

### News Context

Bharti Hexacom is positioned as a key beneficiary of the ongoing Q2 earnings season, with reports from November 5 and 6 indicating it is among the stocks reacting to results released by peers like Bharti Airtel. The company’s inclusion in these updates highlights its operational linkage to the broader telecom infrastructure ecosystem. Additionally, on November 2, Jainam identified Bharti Hexacom as a top stock pick for Samvat 2083, citing the company's market leadership as a primary growth driver alongside improving corporate earnings and strong domestic institutional participation. This recommendation also noted risks associated with rich valuations and global uncertainties.

- Earnings Season Context: Listed among stocks reacting to Q2 results on November 5–6, following reports from major peers including Bharti Airtel, LIC, Titan, and ONGC.
- Analyst Recommendation: Jainam named Bharti Hexacom a top pick for Samvat 2083 on November 2, attributing the selection to market leadership and improving earnings.
- Risk Factors: The same analyst note acknowledged potential headwinds from rich valuations and global uncertainties.

- [Q2 Results Live Updates: Hindalco, Voltas, Aster report today; Bharti Airtel, Britannia, LIC react](https://www.cnbctv18.com/market/q2-results-live-updates-titan-ongc-lic-britannia-hindalco-astral-jubilant-bharti-airtel-hexacom-sonata-bosch-fortis-voltas-share-price-liveblog-20028478.htm)
- [Stocks in news: Bharti Airtel, LIC, Titan, ONGC, Bharti Hexacom, Glenmark Pharma and Astral](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bharti-airtel-lic-titan-ongc-bharti-hexacom-glenmark-pharma-and-astral/articleshow/135584151.cms)
- [Top stocks to watch today: Bharti Airtel, LIC, Nykaa, Torrent Power shares in focus on Thursday, 5 Nov | Full list](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-bharti-airtel-lic-nykaa-torrent-power-shares-in-focus-on-thursday-5-nov-full-list-11793843425775.html)
- [Q2 Results Live Updates: Bharti Airtel, Titan, ONGC, LIC, M&M report today; BSE, PI, Lenskart react](https://www.cnbctv18.com/market/q2-results-live-updates-bse-mm-bharti-airtel-ongc-titan-lg-britannia-nbcc-ncc-lenskart-nykaa-orkla-lic-samil-prestige-share-price-liveblog-20027499.htm)
- [HDFC Bank, IHCL, Bharti Hexacom among top picks for Samvat 2083; check price targets & more](https://www.businesstoday.in/markets/trending-stocks/story/hdfc-bank-ihcl-bharti-hexacom-among-top-picks-for-samvat-2083-check-price-targets-more-565152-2026-11-02)

### What Changed

Bharti Hexacom reported audited financial results for the quarter and six months ended September 30, 2026, on November 5, 2026. The company posted revenue of ₹2,582 crore, an increase of 11.4% year-over-year and 2.9% quarter-over-quarter. Net income before exceptional items rose 34.4% year-over-year to ₹566 crore, accompanied by improved operating margins and leverage ratios. Growth was observed across mobile, Homes, Office, and Other services segments.

Concurrently, the company announced significant leadership changes effective November 6, 2026. Amit Wadhwa was appointed as Chief Executive Officer and Key Managerial Personnel, succeeding Marut Dilawari. Akhil Garg was appointed as an Additional Non-Executive Director, replacing Soumen Ray; this appointment is subject to shareholder approval. Following these developments, the stock price declined from ₹1,725.00 on November 5, 2026, to ₹1,693.00 on November 6, 2026.

- Q2 FY27 Revenue: ₹2,582 crore (+11.4% YoY, +2.9% QoQ)
- Q2 FY27 Net Income (before exceptional items): ₹566 crore (+34.4% YoY)
- CEO Appointment: Amit Wadhwa appointed effective November 6, 2026
- Director Change: Akhil Garg appointed Additional Non-Executive Director (subject to shareholder approval) effective November 6, 2026

- [Q2 Results Live Updates: Hindalco, Voltas, Aster report today; Bharti Airtel, Britannia, LIC react](https://www.cnbctv18.com/market/q2-results-live-updates-titan-ongc-lic-britannia-hindalco-astral-jubilant-bharti-airtel-hexacom-sonata-bosch-fortis-voltas-share-price-liveblog-20028478.htm)
- [Stocks in news: Bharti Airtel, LIC, Titan, ONGC, Bharti Hexacom, Glenmark Pharma and Astral](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bharti-airtel-lic-titan-ongc-bharti-hexacom-glenmark-pharma-and-astral/articleshow/135584151.cms)
- [Bharti Hexacom Limited has informed the Exchange about Publication of Newspaper Advertisements w.r.t Audited Financial Results for the second quarter (Q2) and six months ended September 30, 2026 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/HexacomApril20_06112026134109_Stx_Hexacom_Intimation_Newspaper_Adv.pdf)
- [Bharti Hexacom Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026161535_STX_outcome.pdf)
- [Bharti Hexacom Limited has informed the Exchange regarding a press release dated November 5, 2026, titled "financial results for second quarter (Q2) and six months ended September 30, 2026. |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026162255_PR_Stx_intimation.pdf)
- [Bharti Hexacom Limited has informed the Exchange about change in Management |SUBJECT: Change in Management](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026163831_Change_in_management__Stx_intimation.pdf)
- [Bharti Hexacom Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026164525_Change_in_management__Stx_intimation.pdf)

### Official Filings

Bharti Hexacom Limited reported audited financial results for the second quarter and six months ended September 30, 2026, alongside significant leadership changes. Revenue reached ₹2,582 crore, reflecting an 11.4% year-over-year increase and a 2.9% quarter-over-quarter rise. Net income before exceptional items grew substantially by 34.4% year-over-year to ₹566 crore, supported by improved operating earnings and margins. The company also noted growth across its mobile, Homes, Office, and Other services segments.

Concurrently, the Board appointed Amit Wadhwa as Chief Executive Officer and Key Managerial Personnel effective November 6, 2026, succeeding Marut Dilawari. Akhil Garg was appointed as an Additional Non-Executive Director, replacing Soumen Ray; this appointment remains subject to shareholder approval. These governance updates coincide with the release of the financial data, which will be discussed in a joint webinar with Bharti Airtel Limited on November 6, 2026.

- Q2 FY27 revenue rose 11.4% YoY to ₹2,582 crore, while net income before exceptional items increased 34.4% YoY to ₹566 crore.
- Amit Wadhwa appointed CEO and Key Managerial Personnel effective November 6, 2026, following Marut Dilawari's internal group transition.
- Akhil Garg appointed Additional Non-Executive Director effective November 6, 2026, pending shareholder approval.

- [Bharti Hexacom Limited has informed the Exchange about Publication of Newspaper Advertisements w.r.t Audited Financial Results for the second quarter (Q2) and six months ended September 30, 2026 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/HexacomApril20_06112026134109_Stx_Hexacom_Intimation_Newspaper_Adv.pdf)
- [Bharti Hexacom Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026161535_STX_outcome.pdf)
- [Bharti Hexacom Limited has informed the Exchange regarding a press release dated November 5, 2026, titled "financial results for second quarter (Q2) and six months ended September 30, 2026. |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026162255_PR_Stx_intimation.pdf)
- [Bharti Hexacom Limited has informed the Exchange about change in Management |SUBJECT: Change in Management](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026163831_Change_in_management__Stx_intimation.pdf)
- [Bharti Hexacom Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026164525_Change_in_management__Stx_intimation.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754051_05112026071817_WEB.xml)
- [Bharti Hexacom Limited has informed the Exchange regarding shifting of Corporate Office of Registrar and Share Transfer Agent of the Company. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/HexacomApril20_04112026231055_Bharti_Hexacom-_RTA_CO_Shifting_Nov_04.pdf)
- [BHARTI HEXACOM LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17875_WebXMLFile_20261029_121331956.xml)
- [Bharti Hexacom Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/HexacomApril20_28102026190908_Stx_intimation.pdf)
- [Financial Results |Meeting Date: 05-Nov-2026](https://nsearchives.nseindia.com/corporate/HexacomApril20_26102026190913_Prior_Intimation.pdf)

### Fundamentals

Bharti Hexacom demonstrates a robust operating trajectory with improving earnings quality and deleveraging balance sheet dynamics. In Q2 FY2026-27, revenue from operations rose sequentially to ₹2,582 crore, while Profit Before Exceptional Items And Tax increased to ₹701 crore, indicating effective cost control despite higher total expenses (₹1,945 crore). Finance costs declined to ₹140 crore, supporting the expansion of net margins as evidenced by Basic EPS rising to ₹11.32 per share.

Financial health has strengthened significantly over the trailing three years. Borrowings have consistently decreased from ₹8,105 crore in Mar 2024 to ₹6,137 crore in Mar 2026, while cash generation remains resilient with Cash from Operating Activity at ₹4,464 crore for Mar 2026. The company’s working capital efficiency is exceptional, with the Cash Conversion Cycle compressing to just 4 days by Mar 2026, driven by negative Working Capital Days (-171), suggesting strong supplier financing or rapid inventory turnover. Return on Capital Employed (ROCE) improved to 21% in Mar 2026, reflecting efficient capital utilization.

Ownership structure shows stable promoter holding at 70%, with Domestic Institutional Investors (DIIs) increasing their stake to 11.02% in Sep 2026, while Foreign Institutional Investors (FIIs) reduced holdings to 3.25%. As of Sep 2026, current liabilities decreased to ₹6,042 crore against assets of ₹19,110 crore, further solidifying the liquidity position.

- Revenue growth and margin expansion: Q2 FY2026-27 revenue reached ₹2,582 crore with PBT of ₹701 crore; EPS rose sequentially to ₹11.32.
- Deleveraging trend: Borrowings fell to ₹6,137 crore (Mar 2026) from ₹8,105 crore (Mar 2024); CFO remained strong at ₹4,464 crore.
- Superior working capital efficiency: Cash Conversion Cycle compressed to 4 days (Mar 2026) with ROCE improving to 21%.
- Institutional shift: DII holding increased to 11.02% (Sep 2026) while FII holding dropped to 3.25%; Promoters stable at 70%.

### Bear Case

Bharti Hexacom presents a mixed technical profile that warrants caution despite recent short-term gains. The stock is currently trading at ₹1,693.00, reflecting a significant year-to-date decline of -6.5% and a one-year return of -9.6%. Volatility remains elevated, with an annualized volatility of +32.8% and a maximum drawdown of -30.5%, indicating substantial price instability over the past year. While the daily trend is bullish, the weekly trend has turned bearish, suggesting potential near-term weakness or consolidation. The stock is also sitting just below immediate resistance levels, with the nearest resistance at ₹1,698.53 (0.33% above current price), which may limit upside momentum if buying pressure does not intensify.

- Year-to-date performance is negative (-6.5%) and one-year return stands at -9.6%, contrasting with a strong one-month gain of +22.4%.
- Weekly technical trend is bearish while the daily trend is bullish, creating conflicting signals for medium-term direction.
- Maximum drawdown has reached -30.5% with high annualized volatility (+32.8%), highlighting significant downside risk.
- Immediate resistance is tight at ₹1,698.53 (0.33% above current close), potentially capping near-term upside.

- [Q2 Results Live Updates: Hindalco, Voltas, Aster report today; Bharti Airtel, Britannia, LIC react](https://www.cnbctv18.com/market/q2-results-live-updates-titan-ongc-lic-britannia-hindalco-astral-jubilant-bharti-airtel-hexacom-sonata-bosch-fortis-voltas-share-price-liveblog-20028478.htm)
- [Stocks in news: Bharti Airtel, LIC, Titan, ONGC, Bharti Hexacom, Glenmark Pharma and Astral](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bharti-airtel-lic-titan-ongc-bharti-hexacom-glenmark-pharma-and-astral/articleshow/135584151.cms)
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- [Q2 Results Live Updates: Bharti Airtel, Titan, ONGC, LIC, M&M report today; BSE, PI, Lenskart react](https://www.cnbctv18.com/market/q2-results-live-updates-bse-mm-bharti-airtel-ongc-titan-lg-britannia-nbcc-ncc-lenskart-nykaa-orkla-lic-samil-prestige-share-price-liveblog-20027499.htm)
- [HDFC Bank, IHCL, Bharti Hexacom among top picks for Samvat 2083; check price targets & more](https://www.businesstoday.in/markets/trending-stocks/story/hdfc-bank-ihcl-bharti-hexacom-among-top-picks-for-samvat-2083-check-price-targets-more-565152-2026-11-02)
- [Bharti Hexacom Limited has informed the Exchange about Publication of Newspaper Advertisements w.r.t Audited Financial Results for the second quarter (Q2) and six months ended September 30, 2026 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/HexacomApril20_06112026134109_Stx_Hexacom_Intimation_Newspaper_Adv.pdf)
- [Bharti Hexacom Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026161535_STX_outcome.pdf)
- [Bharti Hexacom Limited has informed the Exchange regarding a press release dated November 5, 2026, titled "financial results for second quarter (Q2) and six months ended September 30, 2026. |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026162255_PR_Stx_intimation.pdf)
- [Bharti Hexacom Limited has informed the Exchange about change in Management |SUBJECT: Change in Management](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026163831_Change_in_management__Stx_intimation.pdf)
- [Bharti Hexacom Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026164525_Change_in_management__Stx_intimation.pdf)

### FAQs

**What were Bharti Hexacom's key financial results for Q2 FY27?**

For the quarter ended September 30, 2026, Bharti Hexacom reported revenue of ₹2,582 crore, an 11.4% year-over-year increase and a 2.9% quarter-over-quarter rise. Net income before exceptional items grew 34.4% YoY to ₹566 crore. The company also noted improved operating earnings, margins, and leverage ratios.

**Has there been any change in Bharti Hexacom's management team?**

Yes. Effective November 6, 2026, Amit Wadhwa was appointed as Chief Executive Officer and Key Managerial Personnel, succeeding Marut Dilawari. Additionally, Akhil Garg was appointed as an Additional Non-Executive Director, replacing Soumen Ray. Garg’s appointment is subject to shareholder approval.

**How has Bharti Hexacom's stock performed recently?**

As of November 5, 2026, the stock closed at ₹1,693.00 on the NSE. It has gained +22.4% over the past month but remains down -9.6% over the last year. The stock is currently trading within a -14.7% drawdown from its peak, with an annualized volatility of +32.8%.

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- [Bharti Hexacom Limited has informed the Exchange about Publication of Newspaper Advertisements w.r.t Audited Financial Results for the second quarter (Q2) and six months ended September 30, 2026 |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/HexacomApril20_06112026134109_Stx_Hexacom_Intimation_Newspaper_Adv.pdf)
- [Bharti Hexacom Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026161535_STX_outcome.pdf)
- [Bharti Hexacom Limited has informed the Exchange regarding a press release dated November 5, 2026, titled "financial results for second quarter (Q2) and six months ended September 30, 2026. |SUBJECT: Press Release](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026162255_PR_Stx_intimation.pdf)
- [Bharti Hexacom Limited has informed the Exchange about change in Management |SUBJECT: Change in Management](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026163831_Change_in_management__Stx_intimation.pdf)
- [Bharti Hexacom Limited has informed the Exchange regarding Change in Director(s) of the company. |SUBJECT: Change in Director(s)](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026164525_Change_in_management__Stx_intimation.pdf)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Moderate Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹1,712.53
- Risk regime: Price Risk Requires Attention

### Support levels
- 1631.51201171875
- 1615.7
- 1571.4078125

### Resistance levels
- 1705.2843750000002
- 1757.691552734375
- 1787.2375000000002

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | -2.38% |
| return_10 | +1.24% |
| return_1m | +19.57% |
| return_1y | -8.58% |
| return_20 | +10.50% |
| return_3m | +9.49% |
| return_5 | +1.34% |
| return_6m | +9.56% |
| return_since_start | +11.77% |
| return_ytd | -8.41% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -30.50% |
| annualized_volatility | +32.79% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Bharti Hexacom Limited Q2 FY2026-27: Profit rises 17% QoQ

Bharti Hexacom’s revenue from operations rose 2.9% sequentially to ₹2,581.8 crore in Q2 FY2026-27, while profit before tax increased 7.4% to ₹701.1 crore. Profit for the period grew 17.4% to ₹566.1 crore, reflecting both higher pre-tax profit and a lower tax expense; operating cash flow was ₹2,724 crore.

## Revenue continued its sequential rise

Revenue from operations increased for a fifth consecutive reported quarter, from ₹2,317.3 crore in Q2 FY2025-26 to ₹2,359.8 crore in Q3 FY2025-26, ₹2,413.7 crore in Q4 FY2025-26, ₹2,509.9 crore in Q1 FY2026-27 and ₹2,581.8 crore in Q2 FY2026-27. The latest quarter’s revenue was up 11.4% year on year and 2.9% quarter on quarter.

Total income, including other income of ₹63.9 crore, was ₹2,645.7 crore, up 2.5% from ₹2,582 crore in Q1 FY2026-27.

## Expense growth trailed revenue; finance costs declined

Expenses rose 0.8% sequentially to ₹1,944.6 crore, compared with 2.9% growth in revenue. Profit before tax increased 7.4% to ₹701.1 crore from ₹653 crore in Q1 FY2026-27. Depreciation, depletion and amortisation expense was ₹600.3 crore, while employee benefit expense was ₹32.5 crore.

Finance costs declined 6.2% to ₹139.6 crore from ₹148.8 crore in Q1 FY2026-27, contributing to the sequential increase in pre-tax profit.

## Lower tax expense accelerated profit growth

Tax expense fell 20.9% to ₹135 crore from ₹170.6 crore in Q1 FY2026-27. The Q2 charge comprised current tax of ₹231.6 crore and a deferred tax credit of ₹96.6 crore; in Q1, current tax was ₹221.1 crore and the deferred tax credit was ₹50.5 crore.

Profit for the period rose 17.4% to ₹566.1 crore from ₹482.4 crore. Basic and diluted earnings per share from continuing operations were both ₹11.32, compared with ₹9.65 in Q1 FY2026-27.

## Operating cash flow and balance-sheet position

Cash flow from operating activities was ₹2,724 crore in Q2 FY2026-27. Investing activities used ₹1,441.7 crore, leaving free cash flow of ₹1,282.3 crore; financing activities used a further ₹1,307.8 crore.

At 30 September 2026, current investments were ₹823.4 crore, compared with ₹631.2 crore at 31 March 2026 and ₹286.9 crore at 30 September 2025. Current financial assets stood at ₹2,264.6 crore, versus ₹1,819 crore at 31 March 2026. Cash and cash equivalents were ₹7.5 crore, and other bank balances were ₹274.3 crore.

Total borrowings were ₹2,652.1 crore at 30 September 2026, comprising ₹2,369.5 crore of non-current borrowings and ₹282.6 crore of current borrowings. At 30 September 2025, the respective balances were ₹2,618.1 crore and ₹508.3 crore. Total assets were ₹19,110 crore and equity attributable to owners of the parent was ₹7,313.3 crore at the reporting date.

## Key Takeaway

Bharti Hexacom sustained sequential revenue growth, with revenue rising faster than expenses and lower finance costs supporting a 7.4% increase in pre-tax profit. A lower tax expense lifted profit growth to 17.4%, while operating cash flow generated ₹1,282.3 crore of free cash flow in the quarter.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q1
- As of: 2026-06-30
- Promoter holding: +70.00%
- FII holding: +3.58%
- DII holding: +10.64%
- Mutual fund holding: +8.44%
- Retail holding: +0.59%
- Promoter pledged: +0.00%

### Major reported shareholders

- Bharti Airtel Limited — +70.00% (Bodies Corporate)
- TELECOMMUNICATIONS CONSULTANTS INDIA LIMITED — +15.00%
- KOTAK SMALL CAP FUND — +2.28%
- MOTILAL OSWAL MIDCAP FUND — +1.52%
- ICICI PRUDENTIAL INNOVATION FUND — +1.03%

## Official filings

- 2026-11-06 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_06112026134109_Stx_Hexacom_Intimation_Newspaper_Adv.pdf)
- 2026-11-06 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_06112026164515_BHL_Earnings_Call_OutcomeStx.pdf)
- 2026-11-06 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_17875_WebXMLFile_20261106_170751710.xml)
- 2026-11-06 — Management Change: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BHARTIHEXA_ROID_104116_KMP_Doc.zip)
- 2026-11-06 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17875_WebXMLFile_20261106_171806528.xml)
- 2026-11-05 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026161535_STX_outcome.pdf)
- 2026-11-05 — Press Release: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026162255_PR_Stx_intimation.pdf)
- 2026-11-05 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026163831_Change_in_management__Stx_intimation.pdf)
- 2026-11-05 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_05112026164525_Change_in_management__Stx_intimation.pdf)
- 2026-11-05 — Financial Results Filing: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1754051_05112026071817_WEB.xml)
- 2026-11-04 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_04112026231055_Bharti_Hexacom-_RTA_CO_Shifting_Nov_04.pdf)
- 2026-10-29 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17875_WebXMLFile_20261029_121331956.xml)
- 2026-10-28 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_28102026190908_Stx_intimation.pdf)
- 2026-10-26 — Board Meeting Notice: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_26102026190913_Prior_Intimation.pdf)
- 2026-10-26 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17875_WebXMLFile_20261026_191811303.xml)
- 2026-10-26 — Board Meeting Notice: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_17875_WebXMLFile_20261026_191811303.xml)
- 2026-10-19 — Shareholding Disclosure: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1741591_19102026043823_WEB.xml)
- 2026-09-25 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_25092026211247_Bharti_Hexacom_-_Closure_of_Trading_Window_-_STX_Intimation.pdf)
- 2026-09-25 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_17875_WebXMLFile_20260925_212023467.xml)
- 2026-09-17 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_17092026190458_BHL_Investor_Meet_STX_Intimation.pdf)
- 2026-09-17 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_17092026190247_BHL_Investor_Meet_STX_Intimation.pdf)
- 2026-09-17 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17875_WebXMLFile_20260917_192826618.xml)
- 2026-09-10 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_10092026214705_BHLStx.pdf)
- 2026-09-04 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_17875_WebXMLFile_20260904_185019519.xml)
- 2026-09-04 — Generic Announcement: Bharti Hexacom Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HexacomApril20_04092026183636_Bharti_Hexacom_-_STX_Intimation.pdf)

## News and market events

- 2026-11-06 — CNBC-TV18: **Q2 Results Live Updates: Hindalco, Voltas, Aster report today; Bharti Airtel, Britannia, LIC react** — The market is reacting to Q2 earnings from companies that reported after hours on Thursday, including LIC, Bharti Airtel, Titan, ONGC, and Fortis Healthcare. Today's trading session features results from Hindalco, Voltas, Jubilant Foodworks, and Honasa Consumer, alongside other broader market names. These updates are expected to influence investor sentiment as the final trading day of the week concludes. — [Source](https://www.cnbctv18.com/market/q2-results-live-updates-titan-ongc-lic-britannia-hindalco-astral-jubilant-bharti-airtel-hexacom-sonata-bosch-fortis-voltas-share-price-liveblog-20028478.htm)
- 2026-11-06 — Economic Times: **Stocks in news: Bharti Airtel, LIC, Titan, ONGC, Bharti Hexacom, Glenmark Pharma and Astral** — Indian equity markets extended their winning streak to a sixth consecutive session, with the Nifty 50 gaining 576 points as investors tracked September-quarter earnings from key companies. Bharti Airtel, LIC, Titan Company, and ONGC reported substantial year-on-year increases in consolidated net profit, while Glenmark Pharmaceuticals faced a significant decline in net profit and revenue. These corporate developments are influencing investor sentiment amid the broader market rally. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stocks-in-news-bharti-airtel-lic-titan-ongc-bharti-hexacom-glenmark-pharma-and-astral/articleshow/135584151.cms)
- 2026-11-05 — Mint: **Top stocks to watch today: Bharti Airtel, LIC, Nykaa, Torrent Power shares in focus on Thursday, 5 Nov | Full list** — Adani Power has entered into a 25-year Power Supply Agreement with Uttarakhand Power Corporation Limited to supply 1,234 MW of ex-bus net thermal power, backed by an installed generation capacity of 1,320 MW. — [Source](https://www.livemint.com/market/stock-market-news/top-stocks-to-watch-today-bharti-airtel-lic-nykaa-torrent-power-shares-in-focus-on-thursday-5-nov-full-list-11793843425775.html)
- 2026-11-05 — CNBC-TV18: **Q2 Results Live Updates: Bharti Airtel, Titan, ONGC, LIC, M&M report today; BSE, PI, Lenskart react** — The National Stock Exchange reports that the upcoming day is likely the busiest of the current quarter's results season, with over 90 companies scheduled to release their Q2 financial numbers. Major entities including Bharti Airtel, ONGC, Mahindra & Mahindra, LIC, Titan, and Britannia are among those reporting, while stocks such as BSE, Lenskart, Nykaa, and Orkla India are expected to react to previously released results. — [Source](https://www.cnbctv18.com/market/q2-results-live-updates-bse-mm-bharti-airtel-ongc-titan-lg-britannia-nbcc-ncc-lenskart-nykaa-orkla-lic-samil-prestige-share-price-liveblog-20027499.htm)
- 2026-11-02 — BUSINESSTODAY: **HDFC Bank, IHCL, Bharti Hexacom among top picks for Samvat 2083; check price targets & more** — Jainam has identified Indian Hotels Company, HDFC Bank, Kotak Mahindra Bank, Tech Mahindra, and Bharti Hexacom as top stock picks for Samvat 2083, citing improving corporate earnings and strong domestic institutional participation in Indian equities. The recommendations highlight specific growth drivers such as HDFC Bank's loan expansion, Tech Mahindra's margin recovery, and Bharti Hexacom's market leadership, while acknowledging risks including rich valuations and global uncertainties. — [Source](https://www.businesstoday.in/markets/trending-stocks/story/hdfc-bank-ihcl-bharti-hexacom-among-top-picks-for-samvat-2083-check-price-targets-more-565152-2026-11-02)
- 2026-10-26 — BUSINESSTODAY: **Federal Bank, Persistent, Bharti Hexacom, FSL among top stocks to buy; check fresh target prices** — Amid the ongoing wild moves in the Indian equity markets, select domestic brokerage firms like SMC Global Securities and Canara Bank Securities have suggested select stocks including Federal Bank, Persistent Systems Ltd, Bharti Hexacom and Firstsource Solutions Ltd to make quick gains in the short-term citing their strong technical parameters. — [Source](https://www.businesstoday.in/markets/trending-stocks/story/federal-bank-persistent-bharti-hexacom-fsl-among-top-stocks-to-buy-check-fresh-target-prices-563569-2026-10-26)
- 2026-10-23 — Mint: **Top telecom shares to buy: Bharti Airtel, Vodafone Idea, Indus Towers by Ambit Capital with new stock target price** — Ambit Capital expects telecom stocks to benefit from tariff hikes, rising data use and digital infrastructure growth. It named Bharti Airtel its top pick and maintained BUY ratings on Airtel, Indus Towers, Vodafone Idea and Bharti Hexacom, while flagging execution and regulatory risks. — [Source](https://www.livemint.com/market/stock-market-news/top-telecom-shares-to-buy-bharti-airtel-vodafone-idea-indus-towers-by-ambit-capital-with-new-stock-target-price-11792743892509.html)
- 2026-10-15 — CNBC-TV18: **Stocks to Buy: Nomura bets on these three companies for up to 31% upside** — Majority of the analysts, including Nomura, who now have coverage on Paytm, Bharti Hexacom and Dhoot Transmission, have a "buy" recommendation on them. — [Source](https://www.cnbctv18.com/market/stocks-to-buy-nomura-bets-on-paytm-dhoot-transmission-bharti-hexacom-share-price-target-upside-key-triggers-and-risks-20012208.htm)
- 2026-10-01 — BUSINESSTODAY: **Anand Rathi Wealth, Bharti Hexacom, Cupid: Stocks to trade — Key levels, target prices & stop loss** — Stocks to buy, Stock picks, Stocks to trade, trading views, Anand Rathi Wealth, Bharti Hexacom, Cupid, Anand Rathi Wealth shares, Bharti Hexacom shares, Cupid shares, Anand Rathi Wealth share price, Bharti Hexacom share price, Cupid share price, Anand Rathi Wealth stock price, Bharti Hexacom stock price, Cupid stock price, Anand Rathi Wealth target price, Bharti Hexacom target price, Cupid target price — [Source](https://www.businesstoday.in/markets/trending-stocks/story/anand-rathi-wealth-bharti-hexacom-cupid-stocks-to-trade-key-levels-target-prices-stop-loss-558934-2026-10-01)
- 2026-08-13 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Friday** — Sensex gained 114 points while Nifty fell over 40 points on expiry day, reflecting divergent benchmark moves. Softer inflation supported sentiment, but elevated crude prices and geopolitical risks kept investors cautious, with Nifty remaining rangebound between key technical levels. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-friday/articleshow/133218209.cms)
- 2026-08-13 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty falls towards 24,300 as market falls to day's low** — Sensex Today | Stock Market LIVE Updates: The markets are under pressure again, as the Nifty index falls close to 100 points, falling below 24,350. The Nifty bank index is taking a heavier blow, down over 300 points. Grasim, Ultratech and Hindalco are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-expiry-today-nifty-50-msci-gcpl-lg-tata-motors-lenskart-laurus-adani-ashok-leyland-share-price-liveblog-19968111.htm)
- 2026-08-05 — CNBC-TV18: **Bharti Hexacom shares fall 4%; strong ARPU growth offset by weak subscriber adds in Q1** — According to Citi, Bharti Hexacom's core mobile revenue, excluding access charges, grew 3.7% sequentially, around 1% ahead of its estimates. While ARPU exceeded expectations, mobile subscriber additions remained below forecasts, in line with the trend seen at Bharti Airtel. — [Source](https://www.cnbctv18.com/market/bharti-hexacom-shares-fall-strong-arpu-growth-offset-by-weak-subscriber-adds-in-q1-19962112.htm)
- 2026-08-05 — The Hindu: **Q1 Results Today Live: Power Grid, Cummins India, GE Vernova, Aurobindo Pharma, PB Fintech, Biocon, Berger Paints, Aster DM, Navin Fluorine, Whirlpool to announce Q1 results, Bharti Airtel, Graphite, Godrej Prop, Dr Agarwal’s gain, ONGC, BSE, Marico, Nykaa & Kalyan Jewellers decline after Q1** — Q1 Results Today, 5th August 2026 Live Updates: — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-power-grid-cummins-india-ge-vernova-aurobindo-pharma-pb-fintech-biocon-berger-paints-aster-dm-navin-fluorine-intl-results-05-august-2026/article71304963.ece)
- 2026-08-05 — MONEYCONTROL: **Buzzing Stocks: Bharti Hexacom, Marico slip despite strong Q1 earnings; Deepak Nitrite gains 3% on profit surge** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/markets/buzzing-stocks-bharti-hexacom-marico-slip-despite-strong-q1-earnings-deepak-nitrite-gains-3-on-profit-surge-13994640.html)
- 2026-08-05 — Mint: **Stocks to watch: Bharti Airtel, Nykaa, PB Fintech, BSE among shares in focus today; check list here** — Stock market today: Gift Nifty was trading near the 24,700 mark, up over 160 points from the previous close of Nifty futures. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-watch-bharti-airtel-nykaa-pb-fintech-bse-among-shares-in-focus-today-check-list-here-11785895565331.html)
- 2026-08-05 — BUSINESSTODAY: **Top stocks in news: Airtel, ONGC, Manipal, LIC, Nykaa, BSE, MCX, Marico, PNB Housing, NHPC** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Bharti Airtel, ONGC, Manipal Hospitals, LIC, Nykaa, BSE, MCX, Marico, PNB Housing, NHPC, Kalyan Jewellers, Bharti Hexacom, UBL, Manipal Health Enterprises, Oil and Natural Gas Corporation, Life Insurance Corporation of India, FSN E-Commerce Ventures, Kalyan Jewellers India, Sheela Foam, Deepak Nitrite, Metropolis Healthcare, Sanofi India — [Source](https://www.businesstoday.in/markets/stocks/story/top-stocks-in-news-airtel-ongc-manipal-lic-nykaa-bse-mcx-marico-pnb-housing-nhpc-547231-2026-08-05)
- 2026-08-04 — CNBC-TV18: **Stocks to Watch for August 5: Bharti Airtel, Nykaa, HDFC Bank, Marico and more** — A busy earnings calendar continues on Wednesday, with several companies set to announce their June quarter results, while the RBI's monetary policy decision is also due. Here are the stocks likely to remain in focus in Wednesday's trading session. — [Source](https://www.cnbctv18.com/photos/market/top-stocks-to-watch-for-august-5-bharti-airtel-bharti-hexacom-nykaa-and-banks-auto-rbi-mpc-decision-19961529.htm)
- 2026-08-04 — CNBC-TV18: **Bharti Hexacom Q1 profit rises 23% as margins improve, data usage surges** — Bharti Hexacom reported a strong June quarter, with net profit rising 23% year-on-year as revenue growth and improved operating efficiency boosted earnings. The telecom company also saw a sharp rise in data consumption, smartphone users and broadband services, strengthening its position in India's expanding digital connectivity market. — [Source](https://www.cnbctv18.com/market/earnings/bharti-hexacom-share-price-q1-results-profit-up-data-traffic-surges-19961544.htm)
- 2026-08-04 — The Hindu: **Q1 Results Today Live: Bharti Airtel, Bharti Hexacom, Pidilite, Graphite, Alembic, Wonderla Holidays Q1 PAT rise, Marico posts mixed Q1, Godrej Properties, Zydus Wellness & Protean PAT decline, ONGC, NHPC, MCX, Kalyan Jewellers to announce Q1 results** — Q1 Results Today, 4th August 2026 Live Updates: Follow businessline for more — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-bharti-airtel-ongc-pidilite-nykaa-marico-nhpc-mcx-godrej-properties-zydus-alembic-rites-kalyan-jewellers-uno-minda-tata-invest-united-breweries-results-04-august-2026/article71300717.ece)
- 2026-08-04 — CNBC-TV18: **Q1 Results LIVE Updates: Marico profit jumps 27%; Bharti Hexacom net profit rises 23%** — Q1 Results LIVE Updates: Two Nifty 50 companies Bharti Airtel, ONGC and Ajmera Realty, Alembic Pharma, BSE, Bharti Hexacom, Castrol, Godrej Properties, Greaves Cotton, Kalyan Jewellers, Marico, MCX, Nykaa, Metro Brands, NHPC, Motherson Sumi Wiring, Pidilite, Protean e-GOV, Keystone Realtors, RITES, Saregama, Safari Industries, Sanofi India, Tata Investment, Symphony, United Breweries, Uno Minda, VRL Logistics, Zydus Wellness, Welspun Enterprises, Wonderla Holidays, Prince Pipes, Metropolis Healthcare, CE InfoSystems, are among the other companies reporting their numbers today. Earnings reactions also come from stocks like DLF, IREDA, Torrent Power, and other such names. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-bharti-airtel-hexacom-ongc-dlf-sbi-funds-ireda-bse-mcx-kalyan-gcpl-marico-nykaa-pidilite-share-price-liveblog-19960965.htm)

## Business profile

**Strategic vision:** Provides communications solutions including mobile and fixed-line services.

### Business segments
- **Mobile Services:** Offers prepaid and postpaid mobile connections to consumers.
- **Home and Office Services:** Provides fixed-line telephone, Wi-Fi, IPTV, DTH television, Fiber broadband, and integrated solutions like Airtel Black and Xsafe.

### Competitive strengths
- Subsidiary of a global communications solutions provider
- Extensive network infrastructure

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- [Tata Communications Limited (Telecom)](https://faxioms.com/stocks/tatacomm) — -0.51%
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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/bhartihexa
Markdown representation: https://faxioms.com/stocks/bhartihexa?render=md