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Bharti Airtel Ltd share Price Today

Company details

1,329.55
1,351.00
795.00
1,362.75
6M Return 38.84%
1Y Return 68.10%
Mkt Cap.(Cr) 815,125.68
Volume 3,026,723
Div Yield 0.57%
OI
-
OI Chg %
-
Volume 3,026,723

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4G, postpaid subscriber addition key positive
About The Stock

    Bharti Airtel (Airtel) is India’s second largest telecom operator with ~33.2 crore wireless customers in India and ~13.9 crore subscribers across 14 African countries. It enjoys industry leading ARPU in the wireless business in India

Q3FY23 Results
    • The key highlight of Q3 was healthy 4G subscribers net addition of ~6.4 mn, along with robust addition of ~653k post-paid subscribers. India wireless revenues were up 2.5% QoQ (up 20.3% YoY) at ₹ 19353 crore, with subscriber addition of 4.4 mn and ARPU at ₹ 193.4, up 1.9% QoQ led by upgrades and improving subscriber mix.
    • Consolidated EBITDA came in at ₹ 18453 crore, up 4.9% QoQ, with margins of 51.5%, up 58 bps QoQ. India wireless margins was at 53.8% (up 150 bps QoQ) was driven by lower SUC charges. Overall Indian margin was up 95 bps QoQ at 52.7%. The Africa margin was at 49.1%, was flat QoQ
    • Reported Net debt (excluding lease liability) was at ~₹ 1.55 lakh crore (down ₹ 2448 crore, led by cash flow generation). The capex spends for the quarter was at ₹ 9314 crore vs. ₹7047 crore in Q2, on account of 5G roll out

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Telecom Services company Bharti Airtel announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

Consolidated:

  • Overall customer base stands at ~562 million across 16 countries
  • Total revenues at Rs 37,599 crore, up 4.4% YoY
  • EBITDA at Rs 19,590 crore, up 4.2% YoY; EBITDA margin at 52.1%, decline of 12 bps YoY
  • EBIT at Rs 9,423 crore, up 0.4% YoY; EBIT margin at 25.1%, decline of 101 bps YoY
  • Net Income (before exceptional items) at Rs 2,952 crore
  • Net income (after exceptional items) at Rs 2,072 crore
  • Capex for the quarter at Rs 10,516 crore

India:

  • India revenue at Rs 28,513 crore, up 12.9%YoY
  • EBITDA margin at 53.6% up 56 bps YoY. EBIT margin at 23.2%, up 9 bps YoY
  • Customer base stands at ~ 406 million
  • Capex for the quarter at Rs 8,491 crore

Africa:

  • Revenue (in constant currency) up 23.1% YoY
  • EBITDA margin (in constant currency) at 47.4%, down 148 bps YoY. EBIT margin at 31.9%
  • Customer base stands at 153 million
  • Capex for the quarter at Rs 2,019 crore

FY24 Financial Highlights:

  • Consolidated revenues at Rs 1,49,982 crore, up 7.8% YoY
  • Consolidated EBITDA at Rs 79,046 crore and EBITDA margin at 52.7%, up 115 bps YoY
  • India EBITDA at Rs 59,009 crore and EBITDA margin at 53.8%, up 162 bps YoY
  • Consolidated Net Income (before exceptional items) at Rs 11,305 crore
  • Consolidated Net income (after exceptional items) at Rs 7,467 crore 

In a statement, Gopal Vittal, MD, said: "We ended the year on a strong note with consistent performance across all businesses, both on customer metrics as well as financial parameters. India revenue (adjusted for Beetel) grew by 1.7% with EBITDA margin expanding to 54.1%, despite one day less in the quarter. Consolidated performance was impacted primarily by the devaluation of the Nigerian Naira. We added 7.8 million smart phone customers and delivered an industry leading ARPU of Rs 209. Our relentless focus on improving customer experience has resulted in 20% churn reduction during the quarter. Our simple and clear strategy coupled with razor-sharp focus on execution enabled us to end the quarter with life-time high market share across all businesses. Our efforts on digitizing Airtel are now gathering velocity and is being visibly felt across all parts of our operations. At the same time, our return on capital employed continues to remain low due to the absence of tariff repair in the industry.”

Result PDF

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Bharti Airtel Ltd shares SWOT Analysis

Strengths (4)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with Zero Promoter Pledge
  • FII / FPI or Institutions increasing their shareholding

Weakness (3)

  • Companies with High Debt
  • Negative profit growth, promoters decreasing shareholding QoQ
  • MFs decreased their shareholding last quarter

Opportunity (1)

  • RSI indicating price strength

Threats (2)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)

Resistance and support

R1 1,356.1
R2 1,364.3
R3 1,377.5
Pivot

1,342.82

S1 1,334.6
S2 1,321.4
S3 1,313.2
EMA SMA
1,309.1
1,260.8
1,191.6
1,092.1
1,314.1
1,260.3
1,184.9
1,057.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
PASTEL LIMITED Bulk Sell 2024-03-07 1193.7 49000000 NSE
GOLDMAN SACHS TRUST II - GOLDMAN SACHS GQG PARTNERS INTERNATIONAL OPPORTUNITIES FUND Block Purchase 2024-03-07 1193.7 18202353 NSE
GQG PARTNERS EMERGING MARKETS EQUITY FUND Block Purchase 2024-03-07 1193.7 17438276 NSE
Name Category Shares
Bharti Telecom Limited PROMOTER 39.37%
PASTEL LIMITED PROMOTER 9.56%
INDIAN CONTINENT INVESTMENT LIMITED PROMOTER 4.54%

OUR RESEARCH VIEW

Trading recommendation

Call Date
09 Dec 2021
Entry Price 715.00
Target Price 815.00
Duration
Stop Loss 648.00
Investment recommendation
4G, postpaid subscriber addition key positive
Call Date
09 Feb 2023
Entry Price 775.00
Target Price 920.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Bharti Airtel Ltd Stocks COMPARISON

Financials( in Cr) Bharti Airtel Ltd Vodafone Idea Ltd Tata Communications Ltd Bharti Hexacom Ltd Tata Teleservices (Maharashtra) Ltd
Price 1,347.90 13.50 1,817.80 964.75 76.70
% Change 0.27 -0.37 -0.17 2.45 -0.84
Mcap Cr 815,125.68 89,752.67 51,807.30 48,237.50 14,994.30
Revenue TTM Cr 139,144.80 42,177.20 17,838.26 6,579.00 1,106.17
Net Profit TTM Cr 12,287.40 -29,301.10 1,766.84 549.20 -1,144.72
PE TTM 60.86 0.00 47.84 75.32 0.00
1 Year Return 68.10 92.86 48.22 18.62 25.84
ROCE 12.66 0.00 15.61 10.07 0.00
ROE 17.04 0.00 46.73 13.96 0.00
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 77,382.00 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 41,960.24 -29,509.50
LAST 3M 102,987.80 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,691.56 126,663.80
Bharti Airtel Limited - Updates

May 22, 2024 l NSE Announcement

Bharti Airtel Limited - Updates

May 21, 2024 l NSE Announcement

Bharti Airtel Limited - Updates

May 18, 2024 l NSE Announcement

Date Action Type Ratio
Aug 11, 2023 Dividend 80
Aug 01, 2022 Dividend 60

Bharti Airtel Ltd Information

Stock PE (TTM)
60.86
Promoter Holding
53.49%
Book Value
146.1672
ROCE
12.66%
ROE
17.04%
Description
  • Bharti Airtel Ltd is in the Telecommunications sector with the Market Capitalization of worth Rs. 348221.97 crores. It was incorporated in the year 1995. It features consolidated sales of Rs. 26,853.60 crores in June 2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 532454 and additionally listed in the National Stock Exchange (NSE) with the code as BHARTIARTL.

    Bharti Airtel, also known as Airtel, having its registered office in New Delhi, is a multinational telecommunications service provider having operations in 18 countries across Asia & Africa. It is the second-largest mobile network operator in the country and the second-largest mobile network operator globally. Airtel provides a wide range of telecommunications
    services ranging from 2G, 3G & 4G wireless services, fixed line services, wireless services, broadband services, DTH services, etc. In addition, Airtel has entered into agreements with Ericsson, Huawei and Nokia network to supply equipment, while Amdocs provides IT support. The company has 14000+ employees on the roll and 34600+ contractual employees as of 31st March ‘2021. The company’s promoters currently hold 55.86% of the stake in the company, while the Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) hold 18.12% and 20.66% of the stake. The balance of 5.36% is by others (5.33% BY retail investors and 0.03% by others).

    In June 2021, quarterly net sales were Rs. 16,114.20 crores, which has increased by approximately 7.08% from Rs. 15,049.20 crores for the April-June 2020 quarter. Quarterly net loss in June 2021 was Rs. 436.10 crores, which has improved by 97.35% as compared to net loss of Rs. 16,461.80 crores in June 2020. In June 2021, operating profit was reported at Rs. 9,237.90 crores, which is also increased by 311.20% as compared to an operating loss of Rs. 4,374.10 crores for the quarter ending in June 2020. From (Rs. 30.17) in June 2020, the EPS of Bharti Airtel has improved to (Rs. 0.79) per share in June 2021. BHARTIARTL’s stock closed at Rs. 634.05 on 16th August’2021 (NSE) and has returned 6.80% in the last six months and 18.44% in the last year.

Registered Address

Airtel center Plot No 16, Udyog Vihar Phase IV, Gurgaon, Haryana, 122015

Tel : 91-124-4222222
Email : compliance.officer:bharti.in
Website : http://www.airtel.in
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 532454
NSE Code : BHARTIARTL
Book Closure Date (Month) :
BSE Group : A
ISIN : INE397D01024

FAQ’s on Bharti Airtel Ltd Shares

You can buy Bharti Airtel Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Bharti Airtel Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 22, 2024 03:59 PM the closing price of Bharti Airtel Ltd was Rs.1,347.90.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 22, 2024 03:59 PM, the market cap of Bharti Airtel Ltd stood at Rs. 815,125.68.

The latest PE ratio of Bharti Airtel Ltd as of May 22, 2024 03:59 PM is 60.86

The latest PB ratio of Bharti Airtel Ltd as of May 22, 2024 03:59 PM is 0.11

The 52-week high of Bharti Airtel Ltd share price is Rs. 1,362.75 while the 52-week low is Rs. 795.00

According to analyst recommendations, Bharti Airtel Ltd Share has a "Buy" rating for the long term.

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