Bharti Hexacom Ltd

Bharti Hexacom Limited has submitted its quarterly report for the first quarter ended June 30, 2026. The report, filed pursuant to SEBI regulations, confirms that the financial statements fairly present the company's financial position, results of operations, and cash flow for the period. The company also highlighted initiatives such as the launch of 'Fast Lane' for enhanced network experience and continued efforts to ensure reliable connectivity in remote and underserved regions. The filing includes standard supplemental disclosures regarding forward-looking statements, general investment risks, currency translation conventions, and the use of certain non-GAAP measures.

Bharti Hexacom Limited announced its audited financial results for the first quarter ended June 30, 2026 (Q1 FY27). Total revenues reached ₹2,510 crore, marking a 10.9% year-on-year (YoY) growth and 4.0% quarter-on-quarter (QoQ) growth. Mobile services revenue increased by 9.3% YoY, driven by higher ARPU and customer additions. The Homes, Offices and Other services segment saw a significant 61.4% YoY revenue growth. EBITDA rose 13.0% YoY to ₹1,375 crore, with margins expanding. Net income (before exceptional items) grew 23.2% YoY to ₹482 crore. The company also reported a strengthened Net Debt to EBITDA ratio of 0.80. Key operational highlights include a 1.3 million YoY increase in smartphone data customers and an ARPU of ₹259.

Bharti Hexacom Limited announced its audited financial results for the first quarter (Q1) ended June 30, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors. The company disclosed standalone financial results as per Ind AS, along with the auditor's report. The Board meeting to approve these results commenced on August 3, 2026, and concluded on August 4, 2026, after an adjournment.

Bharti Hexacom's standalone Q1 FY27 revenue rose 10.9% YoY (4.0% QoQ) to ₹2,510 Cr, with PAT (pre-exceptional) up 23.2% YoY to ₹482 Cr and EPS at ₹9.65 versus ₹7.83 a year ago. Neither this quarter nor the year-ago quarter carried exceptional items, so no raw-vs-adjusted split is needed — the 23.2% growth is clean. Mobile revenue grew 9.3% YoY as ARPU improved to ₹259 from ₹246, consistent with management's guided premiumization and postpaid push, while monthly churn eased to 2.3% from 2.4% YoY. The Homes, Office and Other Services (HOBS) segment — the diversification thesis flagged in our pre-result preview — grew revenue 61.4% YoY to ₹126.5 Cr on Wi-Fi/IPTV scale-up, though segment EBIT stayed marginally negative (-₹0.4 Cr) as it continues absorbing capex (₹159.9 Cr this quarter against ₹126.6 Cr in cumulative HOBS EBITDA generated so far). Blended EBITDA margin expanded 99 bps YoY (40 bps QoQ) to 54.8% on opex leverage — operating expenses fell to 28.6% of revenue from 30.7% a year ago — with EBIT margin up 74 bps YoY to 30.7%. Against management's own Q4 FY26 guidance (ARPU acceleration via premiumization, cost discipline under the 'war on waste' initiative, capex roughly flat YoY, and a progressive dividend), the quarter tracks on-plan: ARPU +5.1% YoY, opex ratio down, and quarterly capex of ₹382 Cr annualizes to ~₹1,528 Cr versus FY26's full-year capex of ₹1,521 Cr. Against our pre-result preview — which had flagged revenue of ₹2,480–2,560 Cr, mobile growth of 3–5% YoY, HOBS growth of 45–65% YoY and an EBITDAaL margin band of 47–50% — the actual print landed mid-to-upper range on revenue and HOBS (61.4%), squarely within the margin band (48.2% EBITDAaL), and clearly beat the mobile-growth watch item (9.3% actual vs a 3–5% bar). No broker PAT poll turned up in search, consistent with the preview's own note on thin analyst coverage for this mid-cap name. Corporate context ties in cleanly: the FY26 annual report/AGM notice (Jul 18) and the ₹18/share final dividend (record date Jul 31) both reflect the guided 'progressive dividend, strong FCF' stance, and net debt/EBITDA improved further to 0.80x from 1.30x YoY (net debt ex-lease/EBITDAaL to 0.20x from 0.65x) on continued deleveraging. A ₹2.52 lakh DoT penalty for subscriber-verification lapses (Jul 30) is financially immaterial. Management's press framing — 'strong performance, revenues rising 10.9% YoY' — matches the print, and the quarter's Postpaid Fast Lane 5G-slicing launch and 399 new towers YoY are the operational levers behind the ARPU story rather than one-off drivers. Going into FY27, HOBS turning EBIT-positive and capex intensity for its build-out remain the key swing factors even as balance-sheet leverage keeps falling.

Bharti Hexacom Limited has received a notice from the Department of Telecommunications (DoT) imposing a penalty of ₹252,000 for alleged violations of subscriber verification norms. The penalty stems from a Customer Application Form (CAF) Audit conducted by DoT for the quarter ending March 2026, which identified non-compliance with license agreement terms regarding customer verification. The company states that the maximum financial impact is limited to the penalty amount. However, this penalty is currently at a higher rate and is sub-judice before the Hon’ble TDSAT.

Bharti Hexacom Ltd has announced the details for its 31st Annual General Meeting (AGM) scheduled for August 11, 2026, to be held via Video Conferencing. The Annual Report for FY 2025-26 and the Notice of AGM are being sent via email to eligible members. The company is providing remote e-voting and e-voting at the AGM. The cut-off date for voting rights is August 4, 2026. Remote e-voting will be open from August 7 to August 10, 2026. The report highlights the company's focus on customer obsession, digital transformation, 5G expansion, and network enhancement, noting its market position in North-East and Rajasthan. Financial highlights for the year include Revenue of ₹93,538 Mn, Net Profit (before tax) of ₹22,998 Mn, and EBITDAaL of ₹44,563 Mn.

Bharti Hexacom Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as required by SEBI regulations. The report, which forms part of the Annual Report, details the company's corporate identity, operations, employee data, and sustainability initiatives. Key information includes its CIN, incorporation year, registered and corporate addresses, and contact details for queries. The company operates on a standalone basis for reporting and has obtained reasonable and limited assurance on its BRSR core and other indicators, respectively, from DNV Business Assurance India Private Limited. The report highlights that 100% of its turnover is derived from Information and Communication services, primarily wireless telecommunication activities.

Bharti Hexacom Limited has announced July 31, 2026, as the record date for determining eligible shareholders for the final dividend for the financial year 2025-26. This follows the Board of Directors' recommendation of a ₹18 per equity share dividend, subject to member approval at the 31st Annual General Meeting scheduled for August 11, 2026. The dividend, if approved, will be paid within 30 days of approval to shareholders on record as of July 31, 2026, after deduction of applicable taxes.

Bharti Hexacom Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from Wednesday, July 01, 2026. The decision is in connection with the finalization of the company's financial results for the quarter ending June 30, 2026. The trading window is expected to reopen 48 hours after the financial results are officially declared to the stock exchanges. This measure is in compliance with the company's Code on Prohibition of Insider Trading.

Bharti Hexacom Limited, through its promoter Bharti Airtel Limited, has won a significant litigation against the Department of Telecommunications. The Hon'ble Bombay High Court has set aside the demand notice for One-Time Spectrum Charge (OTSC) amounting to ₹473.7 crore, pertaining to the Rajasthan and North East Circles. This favorable judgment resolves a material litigation for the company, positively impacting its financial standing.