Bharti AirtelNSE:BHARTIARTL -1.42%84 EBITDA Margin % is 52.89% as of Mar. 2026, which is 30% above its 10-year median of 40.64. GuruFocus rates NSE:BHARTIARTL with a GF Score™ of 84/100 and a GF Value™ of ₹2,113.43 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 365 Telecommunication Services companies, Bharti Airtel ranks better than 91.23% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Bharti Airtel's EBITDA for the
three
months ended in Mar. 2026 was ₹292,938 Mil. Bharti Airtel's Revenue for the
three
months ended in Mar. 2026 was ₹553,832 Mil. Therefore, Bharti Airtel's EBITDA margin for the quarter that ended in Mar. 2026 was 52.89%.
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Bharti Airtel EBITDA Margin % Related Terms
Bharti Airtel EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Bharti Airtel's EBITDA Margin % 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 TMUS, VZ, T: EBITDA Margin % Comparison
For the Telecom Services subindustry, Bharti Airtel's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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 EBITDA Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Bharti Airtel's EBITDA Margin % 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 EBITDA Margin % of 52.89% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Bharti Airtel and its competitors. This is 30% above median its historical median of 40.64. According to the industry distribution chart, Bharti Airtel ranks #32 out of 365 companies in the Telecommunication Services industry, placing it in the top 8.8%.
Is Bharti Airtel's EBITDA Margin % too high?
Bharti Airtel's current EBITDA Margin % of 52.89% is 30% above median its 10-year median of 40.64. The Telecommunication Services industry median EBITDA Margin % is 25.57. Bharti Airtel's value of 52.89% is 106.8% above this industry median. Based on the distribution chart, Bharti Airtel ranks #32 out of 365 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Bharti Airtel has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharti Airtel's EBITDA Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Bharti Airtel ranks #32 out of 365 companies for EBITDA Margin %. This places Bharti Airtel in the top 9% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 25.57. Bharti Airtel's value of 52.89% is 106.8% above this benchmark. While the company's 10-year median is 40.64 vs. the industry median of 25.57, 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 EBITDA Margin % for a Telecommunication Services company?
The median EBITDA Margin % among Telecommunication Services companies is 25.57, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharti Airtel's current EBITDA Margin % of 52.89% is 106.8% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Bharti Airtel and its competitors. For the Telecommunication Services industry, the median EBITDA Margin % is 25.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharti Airtel's current EBITDA Margin % is 52.89%, which is 30% above median its own 10-year median of 40.64. 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 ₹2,113.43, compared to a current price of ₹1,850.70 — trading 12.4% below its estimated fair value. The current EBITDA Margin % is 52.89%, which is 30% above median its 10-year median of 40.64 and 106.8% above the Telecommunication Services industry median of 25.57. Bharti Airtel's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Bharti Airtel (NSE:BHARTIARTL), the current EBITDA Margin % is 52.89% as of Mar. 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 ₹1,850.70 is trading 12.4% below its estimated GF Value™ of ₹2,113.43.
GuruFocus considers Bharti Airtel to be Modestly Undervalued.
Key valuation signals for NSE:BHARTIARTL:
EBITDA Margin %: 52.89% (30% above median its 10-year median of 40.64)
GF Value™: ₹2,113.43 vs. price of ₹1,850.70 (12.4% below fair value)
Industry Position: 106.8% above the Telecommunication Services median (#32 of 365)
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.
84GF Score
Get the complete analysis for NSE:BHARTIARTL
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:BHARTIARTL has been successfully added to your 
