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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bharti AirtelNSE:BHARTIARTL +0.22%85 Debt-to-Equity is 1.25 as of Jun. 2026, which is 36% below its 10-year median of 1.96. GuruFocus rates NSE:BHARTIARTL with a GF Score™ of 85/100 and a GF Value™ of ₹2,167.01 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 325 Telecommunication Services companies, Bharti Airtel ranks worse than 73.85% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Bharti Airtel's Debt-to-Equity or its related term are showing as below:
NSE:BHARTIARTL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.25 Med: 1.96 Max: 3
Current: 1.25
During the past 13 years, the highest Debt-to-Equity Ratio of Bharti Airtel was 3.00. The lowest was 1.25. And the median was 1.96.
NSE:BHARTIARTL's Debt-to-Equity is ranked worse than 73.85% of 325
companies
in the Telecommunication Services industry
Industry Median: 0.62
vs NSE:BHARTIARTL: 1.25
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Bharti Airtel Debt-to-Equity Related Terms
Bharti Airtel Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bharti Airtel's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:BHARTIARTL vs VZ, TMUS, T: Debt-to-Equity Comparison
For the Telecom Services subindustry, Bharti Airtel's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bharti Airtel Debt-to-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bharti Airtel's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bharti Airtel (NSE:BHARTIARTL) has a Debt-to-Equity of 1.25 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bharti Airtel and its competitors. This is 36% below median its historical median of 1.96. Over the past decade, Bharti Airtel's Debt-to-Equity has ranged from 1.25 to 3.00. According to the industry distribution chart, Bharti Airtel ranks #240 out of 325 companies in the Telecommunication Services industry, placing it in the top 73.8%.
Is Bharti Airtel's Debt-to-Equity too high?
Bharti Airtel's current Debt-to-Equity of 1.25 is 36% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 3.00. The Telecommunication Services industry median Debt-to-Equity is 0.62. Bharti Airtel's value of 1.25 is 101.6% above this industry median. Based on the distribution chart, Bharti Airtel ranks #240 out of 325 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Bharti Airtel has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharti Airtel's Debt-to-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Bharti Airtel ranks #240 out of 325 companies for Debt-to-Equity. This places Bharti Airtel in the lower half of its industry. The industry median Debt-to-Equity is 0.62. Bharti Airtel's value of 1.25 is 101.6% above this benchmark. Historically, Bharti Airtel's own Debt-to-Equity has ranged from 1.25 to 3.00 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 0.62, Bharti Airtel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharti Airtel's current Debt-to-Equity of 1.25 is 101.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bharti Airtel and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharti Airtel's current Debt-to-Equity is 1.25, which is 36% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharti Airtel stock overvalued right now?
Based on GuruFocus' analysis, Bharti Airtel (NSE:BHARTIARTL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,167.01, compared to a current price of ₹1,946.00 — trading 10.2% below its estimated fair value. The current Debt-to-Equity is 1.25, which is 36% below median its 10-year median of 1.96 and 101.6% above the Telecommunication Services industry median of 0.62. Bharti Airtel's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Bharti Airtel (NSE:BHARTIARTL), the current Debt-to-Equity is 1.25 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bharti Airtel (NSE:BHARTIARTL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharti Airtel stock appears to be undervalued.
The current stock price of ₹1,946.00 is trading 10.2% below its estimated GF Value™ of ₹2,167.01.
GuruFocus considers Bharti Airtel to be Modestly Undervalued.
Key valuation signals for NSE:BHARTIARTL:
Debt-to-Equity: 1.25 (36% below median its 10-year median of 1.96)
GF Value™: ₹2,167.01 vs. price of ₹1,946.00 (10.2% below fair value)
Industry Position: 101.6% above the Telecommunication Services median (#240 of 325)
No single metric tells the full story. See the NSE:BHARTIARTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharti Airtel Ltd is a telecommunications company. The company's segments include Mobile Services India, Mobile Services Africa, Mobile Services South Asia, Airtel Business, Passive Infrastructure Services, Homes Services, Digital TV Services, and others. It generates maximum revenue from the Mobile Services India segment. Mobile Services India services cover voice and data telecom services provided through wireless technology (2G /3G/4G) in India. It includes the captive national long-distance networks, which provide connectivity to the mobile services business in India. It also includes intra-city fibre networks.
85GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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