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BHARTIHEXA - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 04 May 26, 11:57 am

Fundamental Rating: 4.0

Stock Code BHARTIHEXA Market Cap 75,870 Cr. Current Price 1,517 ₹ High / Low 2,053 ₹
Stock P/E 43.0 Book Value 125 ₹ Dividend Yield 0.66 % ROCE 17.4 %
ROE 25.2 % Face Value 5.00 ₹ DMA 50 1,567 ₹ DMA 200 1,637 ₹
Chg in FII Hold -0.29 % Chg in DII Hold 0.32 % PAT Qtr 481 Cr. PAT Prev Qtr 421 Cr.
RSI 45.0 MACD -11.0 Volume 5,87,015 Avg Vol 1Wk 5,01,235
Low price 1,439 ₹ High price 2,053 ₹ PEG Ratio 0.30 Debt to equity 1.06
52w Index 12.8 % Qtr Profit Var 48.7 % EPS 35.1 ₹ Industry PE 41.0

📊 Bharti Hexacom (BHARTIHEXA) demonstrates strong profitability with ROE at 25.2% and ROCE at 17.4%, supported by consistent earnings growth (PAT rose from 421 Cr. to 481 Cr., +48.7% variation). Debt-to-equity at 1.06 indicates high leverage, which adds financial risk. Valuations are slightly above industry average with a P/E of 43.0 vs 41.0, but PEG ratio of 0.30 suggests attractive growth relative to price. EPS of 35.1 ₹ reflects solid profitability, while dividend yield of 0.66% provides moderate investor appeal. Overall, the company’s telecom business model and regional dominance ensure long-term resilience, though debt and valuation risks must be monitored.

💡 Entry Zone: 1,500–1,520 ₹ (near support levels).

📈 Long-Term Holding Guidance: Attractive for long-term investors due to strong growth metrics and undervalued PEG ratio. Accumulate gradually and hold for 24+ months, with profit booking near 1,950–2,000 ₹ if valuations stretch further.

✅ Positive

  • Strong ROE (25.2%) and ROCE (17.4%) highlight efficient operations.
  • PEG ratio of 0.30 indicates undervaluation relative to growth.
  • Quarterly PAT growth (+48.7%) shows earnings momentum.

⚠️ Limitation

  • High debt-to-equity ratio (1.06) increases financial risk.
  • P/E of 43.0 slightly above industry average (41.0).
  • Dividend yield of 0.66% is modest for income-focused investors.

📉 Company Negative News

  • FII holdings declined (-0.29%), reflecting reduced foreign investor confidence.
  • Stock trading below 200 DMA (1,637 ₹), showing medium-term weakness.

📈 Company Positive News

  • DII holdings increased (+0.32%), showing domestic institutional support.
  • Quarterly profit surged significantly, boosting investor sentiment.

🏭 Industry

  • Telecom sector remains resilient with rising data demand and digital adoption.
  • Industry P/E at 41.0 highlights moderate valuations compared to Hexacom’s premium.

🔎 Conclusion

⚖️ Bharti Hexacom is a fundamentally strong company with robust earnings growth and attractive PEG valuation. While debt levels and slightly stretched P/E pose risks, entry near 1,500–1,520 ₹ offers a favorable risk-reward setup. Best suited for long-term investors willing to accumulate gradually and hold for 24+ months, with profit booking near 1,950–2,000 ₹ if momentum sustains.

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