Is Bharti Hexacom the Best Stock in Its Sector? A Look at the Numbers

Bharti Hexacom CMP Rs 1,512 (15 Sep 2026). Market cap Rs 77,173 Cr. ROE 24.19%. P/E 42.31x versus Industry P/E 63.89x.

Updated: 15 Sept 2026 • 1:59 pm

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Is Bharti Hexacom the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

Bharti Hexacom is one of the names investors compare when screening the Telecom sector, built on a 24.19% return on equity and a P/E of 42.31x against an Industry P/E of 63.89x. Bharti Hexacom Ltd, part of the Bharti Airtel group, provides mobile and broadband telecom services across Rajasthan and the North East circles of India. Whether Bharti Hexacom is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Telecom sector peers, so you can judge that for yourself.

Is Bharti Hexacom the best stock in its sector? The stock trades on the NSE at Rs 1,512 as of 15 September 2026, within its 52-week range of Rs 1,430.00 to Rs 1,955.60. Bharti Hexacom Ltd, part of the Bharti Airtel group, provides mobile and broadband telecom services across Rajasthan and the North East circles of India.

Bharti Hexacom sits in the Telecom sector, and its 24.19% ROE and 42.31x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.

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Table of Contents

About Bharti Hexacom

Bharti Hexacom Ltd, part of the Bharti Airtel group, provides mobile and broadband telecom services across Rajasthan and the North East circles of India. At a market capitalisation of Rs 77,173 Cr, it is tracked as part of the Telecom sector on Univest.

Is Bharti Hexacom the Best Stock in Its Sector?

Bharti Hexacom makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 24.19% ROE with a 42.31x P/E against the sector’s 63.89x Industry P/E. Bharti Hexacom’s 42.31x P/E sits well below the 63.89x Industry P/E despite a 24.19% ROE, suggesting the market has not fully re-rated the regional telecom operator relative to the broader sector.

Metric	Bharti Hexacom
CMP (NSE)	Rs 1,512.50
52-Week High / Low	Rs 1,955.60 / Rs 1,430.00
Market Cap	Rs 77,173 Cr
P/E (TTM) vs Industry P/E	42.31x vs 63.89x
P/B	10.77
ROE	24.19%
EPS (TTM)	Rs 36.48
Dividend Yield	1.81%
Debt to Equity	0.86

Compare Bharti Hexacom Against Other Telecom Sector Stocks

How Bharti Hexacom Compares Against Its Telecom Sector Peers

The table below sets Bharti Hexacom against 2 other Telecom sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Bharti Hexacom	77,173	42.31	24.19%	0.86
Bharti Airtel	11,43,260	31.40	17.91%	1.31
Indus Towers	1,02,268	14.29	18.02%	0.53
Peer average (2 companies)	–	22.84	17.96%	0.92

Against this peer set, Bharti Hexacom’s 24.19% ROE is above the 17.96% peer average, and its P/E of 42.31x runs above the peer average of 22.84x. Bharti Hexacom’s 42.31x P/E sits well below the 63.89x Industry P/E despite a 24.19% ROE, suggesting the market has not fully re-rated the regional telecom operator relative to the broader sector.

What Makes Bharti Hexacom Worth Watching in Telecom

High ROE for the sector: A 24.19% ROE is strong for a capital-intensive telecom operator carrying network infrastructure debt.
Well below Industry P/E: A 42.31x P/E against a 63.89x Industry P/E is a meaningful discount for a telecom name with above-average returns.
Focused circle strategy: Concentrating on Rajasthan and the North East, rather than competing pan-India, gives Bharti Hexacom a more defensible regional market position.

Bharti Hexacom Valuation: Is It Justified?

Bharti Hexacom’s 42.31x P/E sits well below the 63.89x Industry P/E despite a 24.19% ROE, suggesting the market has not fully re-rated the regional telecom operator relative to the broader sector. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is Bata India the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Bharti Hexacom and other Telecom sector stocks.

How to Track Bharti Hexacom Before You Invest

Before deciding whether Bharti Hexacom deserves its label as the best stock in its sector for your own portfolio, compare it directly against Telecom sector peers using the steps below.

Open the Univest Screener and search for Bharti Hexacom to view live price, valuation ratios, and peer comparisons within the Telecom sector.
Compare its P/E, P/B, and ROE against other Telecom sector stocks before deciding if the current valuation fits your strategy.
Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Bharti Hexacom earns a place in the best stock in its sector conversation on the strength of a 24.19% ROE and a P/E of 42.31x against a 63.89x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Is Bharti Hexacom the best stock in its sector?

Ans. Bharti Hexacom has a 24.19% ROE and trades at 42.31x P/E against a 63.89x Industry P/E, and compares above the peer average ROE of 17.96% in this article’s named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Bharti Hexacom?

Ans. Bharti Hexacom was trading at Rs 1,512.50 on the NSE as of 15 September 2026, within its 52-week range of Rs 1,430.00 to Rs 1,955.60.

What sector does Bharti Hexacom belong to?

Ans. Bharti Hexacom is classified under the Telecom sector on Univest.

How does Bharti Hexacom compare to its sector peers on P/E?

Ans. Bharti Hexacom’s P/E of 42.31x is above the 22.84x average of the 2 named peers compared in this article.

What is Bharti Hexacom’s return on equity?

Ans. Bharti Hexacom reported a return on equity of 24.19%, which is above the 17.96% average of its named peers in this comparison.

Should I invest in Bharti Hexacom based on its sector position?

Ans. Bharti Hexacom’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.