Bharti Airtel Ltd
BHARTIARTLBharti Airtel Ltd
BHARTIARTLPrice Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
74.31 | 8.64 | 0.50% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
-133.98 | 14.01 | 0.36% |
Forecast & Ratings
Detailed Forecast from 34 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Bharti Airtel Limited is a telecommunications company that provides voice and data telecommunication services through wireless as well as fixed line network and broadband technology.
Investor Presentation
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Compare with peersBharti Hexacom Ltd
Tata Communications Ltd
Vodafone Idea Ltd
Tata Teleservices (Maharashtra) Ltd
Mahanagar Telephone Nigam Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Lakh cr.
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Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 1,03,168.90 | 99,662.80 | 85,655.20 | 86,245.20 | 90,598.30 | 1,12,386.10 | 1,22,048.40 | 1,40,833.50 | 1,54,127.20 | 1,61,107.30 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 78,184.30 | ||||||||||
Power & Fuel Cost | 6,904.90 | 7,294.60 | 6,908.20 | 8,043.60 | 9,124.90 | 9,224.00 | 10,489.80 | 13,088.20 | 12,636.90 | |||||||||||
Employee Cost | 4,910.80 | 4,303.20 | 3,977.10 | 3,797.50 | 3,807.20 | 4,114.60 | 4,433.30 | 4,830.80 | 5,323.10 | |||||||||||
Selling & Administrative Expenses | 10,258.80 | 8,626.80 | 6,023.10 | 5,337.70 | 4,643.20 | 4,787.80 | 6,413.60 | 8,593.20 | 9,636.10 | |||||||||||
Operating & Other expenses | 42,252.20 | 42,395.30 | 36,911.20 | 38,828.50 | 74,188.10 | 53,195.80 | 38,521.70 | 42,028.90 | 51,666.80 | |||||||||||
EBITDA | 38,842.20 | 37,042.90 | 31,835.60 | 30,237.90 | -1,165.10 | 41,063.90 | 62,190.00 | 72,292.40 | 74,864.30 | 82,923.00 | ||||||||||
Depreciation/Amortization | 17,449.80 | 19,773.00 | 19,243.10 | 21,347.50 | 27,689.60 | 29,404.40 | 33,090.70 | 36,431.80 | 39,537.60 | 41,689.60 | ||||||||||
PBIT | 21,392.40 | 17,269.90 | 12,592.50 | 8,890.40 | -28,854.70 | 11,659.50 | 29,099.30 | 35,860.60 | 35,326.70 | 41,233.40 | ||||||||||
Interest & Other Items | 8,546.10 | 9,546.60 | 9,325.50 | 10,622.20 | 13,991.80 | 15,091.00 | 16,616.20 | 19,299.90 | 22,647.70 | 22,424.30 | ||||||||||
PBT | 12,846.30 | 7,723.30 | 3,267.00 | -1,731.80 | -42,846.50 | -3,431.50 | 12,483.10 | 16,560.70 | 12,679.00 | 18,809.10 | ||||||||||
Taxes & Other Items | 6,769.60 | 3,923.50 | 2,168.00 | -2,141.30 | -10,663.30 | 11,652.00 | 8,228.20 | 8,214.80 | 5,212.00 | 6,542.20 | ||||||||||
Net Income | 6,076.70 | 3,799.80 | 1,099.00 | 409.50 | -32,183.20 | -15,083.50 | 4,254.90 | 8,345.90 | 7,467.00 | 12,266.90 | ||||||||||
EPS | 13.70 | 8.57 | 2.48 | 0.92 | -64.41 | -27.05 | 7.41 | 14.08 | 12.85 | 21.69 | ||||||||||
DPS | 1.23 | 0.90 | 4.81 | 2.25 | 1.96 | 0.00 | 3.00 | 4.00 | 8.00 | 8.00 | ||||||||||
Payout ratio | 0.09 | 0.11 | 1.94 | 2.44 | — | 0.00 | 0.40 | 0.28 | 0.62 | 0.37 |
Company Updates
Investor Presentation
Investor Presentation
Annual report
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PDFInvestor Presentation
Peers & Comparison
Communication ServicesTelecom Services
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Bharti Airtel Ltd | 122.08 | 8.64 | 0.50% |
Bharti Hexacom Ltd | 138.36 | 15.04 | 0.29% |
Tata Communications Ltd | 51.11 | 27.64 | 0.96% |
Vodafone Idea Ltd | -1.58 | -0.48 | — |
Price Comparison
Compare BHARTIARTL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Bharti Airtel Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
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SBI Equity Hybrid Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4624% | Percentage of the fund’s portfolio invested in the stock 5.63% | Change in the portfolio weight of the stock over the last 3 months 0.53% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 5/96 (+1) |
ICICI Prudential Bluechip Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2920% | Percentage of the fund’s portfolio invested in the stock 4.18% | Change in the portfolio weight of the stock over the last 3 months 0.35% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/90 (+3) |
HDFC Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2892% | Percentage of the fund’s portfolio invested in the stock 4.06% | Change in the portfolio weight of the stock over the last 3 months -0.30% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 9/60 (0) |
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Events
Dividend Trend
No dividend trend available
Dividends
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Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateAug 7, 2024
Dividend/Share
₹8.00
Ex DateEx Date
Aug 7, 2024
Cash Dividend
Ex DateEx DateAug 11, 2023
Dividend/Share
₹4.00
Ex DateEx Date
Aug 11, 2023
Cash Dividend
Ex DateEx DateAug 1, 2022
Dividend/Share
₹3.00
Ex DateEx Date
Aug 1, 2022
Cash Dividend
Ex DateEx DateAug 6, 2020
Dividend/Share
₹2.00
Ex DateEx Date
Aug 6, 2020
Cash Dividend
Ex DateEx DateNov 5, 2018
Dividend/Share
₹2.50
Ex DateEx Date
Nov 5, 2018
Nokia has been awarded a multi-year, multi-billion extension deal by Bharti Airtel (Airtel) to deploy 4G and 5G equipment across key Indian cities and states. As per the contract, Nokia will deploy equipment from its cutting-edge 5G AirScale portfolio including base stations, baseband units and the latest generation of Massive MIMO radios, all powered by its energy-efficient ReefShark System-on-Chip technology. These solutions will enhance Airtel's network with exceptional 5G capacity and coverage and support its network evolution. Furthermore, Nokia will modernize Airtel's existing 4G network with multiband radios and baseband equipment, which can also support 5G. Airtel will also be leveraging Nokia's MantaRay Network Management for intelligent network monitoring and management that uses AI-based tools covering digital deployment, optimization and technical support. Powered by Capital Market - Live
Furthering its mission to build future-ready data centre infrastructure that is ''Intelligent by Design and Sustainable by Choice'', Nxtra by Airtel, one of India''s leading data centre companies, has deployed Artificial Intelligence (AI) in its data centres to drive operational excellence. With this, Nxtra by Airtel has become the first data centre in India to leverage AI to build new-age digitised facilities engineered to drive smart capabilities like predictive maintenance, enhanced operational and energy efficiency, streamlined automation of operations and optimised capex utilisation. The deployment leverages the AI-powered SmartSense platform of leading AI expert in the infrastructure industry, Ecolibrium. Nxtra implemented the AI technology in its Chennai data centre first and will now deploy the capabilities across all its core data centres. With the deployment, Nxtra aims to achieve key efficiency milestones including: -10% increase in asset life through real time performance analytics to identify early signs of deterioration and provide corrective recommendations 'h - 10% reduction in non-IT power consumption through early identification of deviations and energy loss in each piece of equipment 'h -15% increase in equipment performance through AI-driven Fault Detection and Diagnostics (FDD) algorithms and preventative maintenance 'h -25% improvement in productivity with intelligent and proactive insights across all DC operationsPowered by Capital Market - Live
Bharti Airtel joined hands with the Indian Army to launch its network in Galwan and Daulat Beg Oldie (DBO), the northernmost military outpost in the border town. This makes Airtel the only private telecom service provider to offer its services 16700 ft. above the sea level. The Company has installed 17 mobile towers across Kargil, Siachen, Galwan, Daulat Beg Oldie (DBO) and the Changthang regions, extending connectivity to remote villages of Ladakh. Airtel worked with the Leh Signalers to execute this challenging task. Galwan and Daulat Beg Oldie (DBO) are both located in the Ladakh region on the Indo China border at the northeastern corner of the Karakoram Range.Powered by Capital Market - Live
Securities in F&O Ban: Dixon Technologies, Escorts Kubota, IDFC First Bank, Indiamart Intermesh, L&T Finance, Manappuram Finance, Punjab National Bank, RBL Bank. Result Today: Adani Enterprises, Adani Ports, Allied Blenders, Voltas, Hitachi Energy, Marico, Cipla, Maruti Suzuki (Standalone), APL Apollo, Canara Bank (Standalone), Welspun Enterprises, Edelweiss Financial (Standalone), Force Motors, GSK Pharma, HUDCO, Vedant Fashions, Motisons Jewellers, Prestige Estates, Somany Ceramics, V-Guard Industries, V-Mart Retail, and Kirloskar Brothers will declare their result later today. Stock to Watch: Bharti Airtel reported a consolidated net profit of Rs 3,593.2 crore in Q2 FY25, steeply higher than Rs 1,340.7 crore posted in Q2 FY24. Revenue from operations increased 11.95% YoY to Rs 41,473.3 crore in Q2 FY25, driven by strong momentum in India and sustained constant currency growth in Africa. Suzlon Energy's consolidated net profit jumped 96% to Rs 200.60 crore in Q2 FY25 as compared with Rs 102.29 crore posted in same quarter last year. Revenue increased 48% YoY to Rs 2,103.38 crore during the quarter. Gillette India's standalone net profit increased 43% to Rs 133 crore on 17% increase in revenue from operations to Rs 1782 crore in Q2 FY25 over Q2 FY24. Tata Technologies' consolidated net profit declined 2.9% to Rs 157 crore on 2.2% increase in revenue to Rs 1,296 crore in Q2 FY25 over Q2 FY24. Pfizer's standalone net profit increased 6.3% to Rs 158 crore on 2.3% increase in revenue from operations to Rs 589 crore in Q2 FY25 over Q2 FY24. Ideaforge Technology reported net loss of Rs 13.72 crore in Q2 FY25 as compared with net profit of Rs 0.8 crore in Q2 FY24. Revenue from operations increased 56.34% YoY to Rs 37.10 crore in Q2 FY25.Powered by Capital Market - Live
Bharti Airtel's revenue from operations increased 11.95% YoY to Rs 41,473.3 crore in Q2 FY25, driven by strong momentum in India and sustained constant currency growth in Africa. Profit before exceptional items and tax grew by 22.52% to Rs 6,751.1 crore in Q2 FY25 as compared to Rs 5,510 crore reported in Q2 FY24. The firm reported exceptional items of Rs 853.7 crore during the quarter. EBITDA increased 12% to Rs 22,021 crore in Q2 FY25 as against to Rs 19,665 crore reported in Q2 FY24. The EBITDA margin held steady at 53.1% in Q2 FY25 compared to Q2 FY24. Total capex spend for the quarter was at Rs 7,675 crore. Consolidated mobile data traffic at 19,742 PBs in the quarter with a healthy YoY growth of 23.6%. During the quarter, overall customer base stood at approximately 563 million across 15 countries. India revenues for Q2 FY25 were at Rs 31,561 crore, increased by 16.9% YoY. Mobile revenues grew by 18.5% YoY, led by tariff repair and relentless focus to premiumize the portfolio with quality customers. Average revenue per user (ARPU) for the quarter stood at Rs 233, up 14.77% as compared to Rs 203 in Q2 FY24. The telecom operator strengthened its leadership position in postpaid segment with sustained momentum in net adds of 0.8 million in Q2 FY25 thereby reaching a customer base of 24.7 million. Its market share in smartphone segment saw continued improvement with addition of 26.2 million, increase of 11.0% YoY. Airtel Business delivered revenue growth of 10.7% YoY despite of macro headwinds in the global segment. Domestic business continues to showcase healthy growth trends. Its emerging digital products are also seeing strong traction. Airtel's Homes business delivered a revenue growth of 17.3% year-over-year, driven by strong customer additions. During the quarter, the company accelerated its FWA expansion, resulting in a significant increase of 583,000 customers, bringing the total base to 8.6 million. The company continues to rapidly expand its home-pass network through its own assets and a partnership model with local cable operators. Digital TV reported revenue of Rs 759 crore with a customer base of 15.8 million. The company continues to gain market share through its market-specific strategy and differentiated converged offerings. As of 30 September 2024, the Net Debt-EBITDA ratio, including lease impact, stood at 2.50 times. Africa's revenue (in constant currency) was at $1,263 million, representing a 20.8% increase compared to $1,046 million in the corresponding quarter last year, driven by growth across all regions, including Nigeria, East Africa, and Francophone countries. Customer base was around 157 million. Capex for the quarter was Rs 1,415 crore. Gopal Vittal, MD, Bharti Airtel, said, 'We delivered another quarter of solid performance, with India revenue growing 8.7% sequentially. Africa maintained strong revenue growth momentum as well with 7.7% constant currency growth. The flow thru of tariff repair is in-line with our expectation on ARPU increase and SIM consolidation. We reported industry leading ARPU of Rs 233. Our focus on winning quality customers and driving premiumization has helped us add 4.2 million smartphone customers. We continue to expand our Wifi coverage with FWA offerings to over 2,000 cities. We continue to invest in our digital businesses to diversify portfolio strength and drive long term growth. Airtel also continues to invest in a future ready digital network to deliver brilliant customer experience - we launched India's first AI-powered, network-based spam detection solution to solve the endemic problem of spam calls and messages. Our 5G network has once again received validation from Open signal ' Airtel was awarded all the five awards on 5G network experience. Our balance sheet remains solid, supported by cash generation and continued deleveraging. During the quarter, we prepaid another tranche of Rs 8,465 crore of high cost spectrum dues. At the same time, we believe that industry needs further tariff repair for sustained investments given that ROCE for India is still only 11 percent.' Bharti Airtel is a global communications solutions provider with over 550 million customers in 15 countries across South Asia and Africa. Powered by Capital Market - Live
Bharti Airtel has approved the appointment of Rajan Bharti Mittal as an Additional Director in the capacity of a Non-Executive Director with effect from October 28, 2024 in place of Rakesh Bharti Mittal, who has been appointed as a Non-Executive Director on the Board of Bharti Hexacom Limited and has also been nominated on the Board of Indus Towers Limited ('Indus Towers').Powered by Capital Market - Live
Net profit of Bharti Airtel rose 168.01% to Rs 3593.20 crore in the quarter ended September 2024 as against Rs 1340.70 crore during the previous quarter ended September 2023. Sales rose 11.96% to Rs 41473.30 crore in the quarter ended September 2024 as against Rs 37043.80 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales41473.3037043.80 12 OPM %52.6852.68 - PBDT17751.1015244.30 16 PBT6751.105510.00 23 NP3593.201340.70 168 Powered by Capital Market - Live
Bharti Airtel announced that it is the first telecom service provider to offer uninterrupted 5G connectivity across the ten new stations of the newly inaugurated Mumbai Metro Line-3, also known as the Aqua Line. This underground infrastructure is a groundbreaking step to connect the financial capital from the Bandra Kurla Complex (BKC) to Aarey, spanning the crucial Jogeshwari-Vikhroli Link Road (JVLR) section. Powered by Capital Market - Live
Airtel Business, the B2B arm of Bharti Airtel, and Vonage, a global leader in cloud communications that helps businesses accelerate their digital transformation and a part of Ericsson (NASDAQ:ERIC), have partnered to launch Airtel IQ Business Connect - a device-agnostic, unified business communications application that will help enterprises in India to simplify their customer engagement. Airtel IQ Business Connect is a customised multi-channel unified communications application that will enable businesses to enrich their customer experiences by maintaining consistent, long-lasting customer engagement while also overcoming challenges of data loss that can arise during employee transitions or attrition. With the new application, new employees will be equipped to seamlessly maintain continuity in customer communications across a range of devices including mobile phones, tablets and laptops, through a single interface, ensuring strong customer loyalty and stickiness. Enterprises can effortlessly adopt the application without the need for any additional hardware investments. Airtel IQ Business Connect, powered by Vonage, is a part of Airtel Business's cloud communications offering - Airtel IQ. The application will enable enterprises in India to empower all their employees, including their hybrid workforce, as well as personnel such as relationship managers, field force and others, to seamlessly communicate with their stakeholders 24X7, thereby enabling enhanced customer engagement. Powered by Capital Market - Live
Bharti Airtel will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.31%, vs industry avg of 7.49%
Increasing Market Share
Over the last 5 years, market share increased from 53.88% to 67.11%