Bharti Hexacom
Section Background

Performance Built on Discipline

At Bharti Hexacom, growth is underpinned by disciplined execution, prudent capital allocation and a relentless focus on operational excellence. This balanced approach enables us to compound performance over time, generating sustainable value for all stakeholders.
Performance Built on Discipline

FY 2025-26 was another year of strong execution. Growing customer additions, portfolio premiumisation and a continued focus on customer quality contributed to sustained ARPU expansion.

Operational excellence remains a defining strength of the business. Our ‘War on Waste’ initiative continues to unlock efficiencies, drive productivity improvements and enhance operating leverage. As a result, EBITDAaL grew by 17.9% during the year, underscoring our ability to deliver sustained, profitable growth.

Strong cash flow generation and disciplined capital allocation have reinforced the strength of our balance sheet. Supported by a robust financial foundation, we are well positioned to capitalise on future opportunities while maintaining a prudent and balanced approach to capital deployment.

>15%

Revenue CAGR over last 5 years

~₹79 Bn

OFCF (EBITDAaL - Capex) generated over FY21-26

~0.5 Times

Net debt to EBITDAaL

₹18 per share

80% YoY increase in recommended dividend