Bharti Hexacom Limited — Investor Meet, 11-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Bharti Hexacom's Q1 FY2026 results show a solid performance. Revenue stood at ₹2,263 Cr, with EBITDAaL at ₹1,079 Cr, marking a 47.7% margin (up 110 bps sequentially). ARPU reached ₹246. The company added 17,000 mobile and 54,000 home customers, alongside 283,000 smartphone users. Operating free cash generation was a strong ₹854 Cr, with net debt to EBITDAaL at 0.7x. Management is focused on customer experience, leveraging Airtel's partnerships for digital offerings like Perplexity AI and Google Cloud storage. Capex is expected to marginally unwind, and future dividend payouts are likely to increase.