Airtel

Large Cap 57.5k Result

₹995.4

10.5 (1.07%)

Advice
Buy

As on 29 November, 2023 | 16:32 BSE: 532454 NSE: BHARTIARTLISIN: INE397D01024

Airtel Performance

Day Range

Low 990.95
High 1007.1

995.4

52 Week Range

Low 735.8
High 1007.1

995.4

Open Price995.9
Previous Close984.9
Volume5647918

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Airtel Share Price

Over 1 Month 8.83%
Over 3 Month 14.37%
Over 6 Month 21.69%
Over 1 Year 18.87%

Airtel Key Statistics

P/E Ratio	75.4
PEG Ratio	5.2
Market Cap Cr	569,354
Price to Book Ratio	4.5
EPS	-0.7
Dividend	0.4
Relative Strength Index	71.82
Money Flow Index	83.08
MACD Signal	9.19
Average True Range	12.72

Airtel F&O

Airtel Futures

Airtel Option Chain

Airtel Investment Rating

Master Rating:
Bharti Airtel has an operating revenue of Rs. 146,297.20 Cr. on a trailing 12-month basis. ROE of 9% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 15% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 2% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 22 which is a POOR score indicating inconsistency in earnings, a RS Rating of 53 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 72 indicates it belongs to a poor industry group of Telecom Svcs-Wireless and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Airtel Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios
Quarterly P&L
Annual P&L
Balance Sheet
Cash Flow
Ratios

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	23,258	22,651	21,829	21,606	21,009	20,187	19,495
Operating Expenses Qtr Cr	10,787	10,515	10,371	10,359	10,093	9,991	9,791
Operating Profit Qtr Cr	12,471	12,135	11,458	11,247	10,916	10,197	9,704
Depreciation Qtr Cr	7,113	6,931	6,706	6,661	6,572	6,540	6,366
Interest Qtr Cr	3,741	3,452	3,108	3,529	4,208	4,192	3,548
Tax Qtr Cr	565	480	428	342	336	135	-225
Net Profit Qtr Cr	293	1,457	1,354	-3,222	949	407	-2,468

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	87,354	72,065
Operating Expenses Annual Cr	40,921	35,551
Operating Profit Annual in Cr	43,799	35,091
Depreciation Cr	26,355	24,592
Interest Annual Cr	14,532	14,146
Tax Annual Cr	1,359	-609
Net Profit Annual Cr	-90	-3,625

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	43,583	36,925
Cash from Investing Activity Annual Cr	-30,006	-32,254
Cash from Financing Annual Activity Cr	-12,500	-5,363
Net Cash Flow Annual Cr	1,076	-692

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	78,639	78,930
Fixed Assets Annual Cr	227,965	172,664
Total Non Current Assets Annual Cr	295,000	247,037
Total Current Assets Annual Cr	40,577	37,818
Total Assets Annual Cr	335,577	284,855

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	139	141
ROE Annual %	0	-5
ROCE Annual %	8	6
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	55	52

Indicator	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Oper Rev Qtr Cr	37,044	37,440	36,009	35,804	34,527	32,805	31,500
Operating Expenses Qtr Cr	17,530	17,842	17,312	17,351	16,933	16,275	15,460
Operating Profit Qtr Cr	19,514	19,599	18,697	18,453	17,594	16,529	16,040
Depreciation Qtr Cr	9,734	9,654	9,406	9,298	8,947	8,781	8,583
Interest Qtr Cr	5,186	5,614	5,163	4,686	4,940	4,511	4,059
Tax Qtr Cr	1,847	333	788	1,076	1,286	1,123	1,322
Net Profit Qtr Cr	1,341	1,613	3,006	1,588	2,145	1,607	2,008

Indicator	Mar 2023	Mar 2022
Total Revenue Annual Cr	140,081	117,081
Operating Expenses Annual Cr	67,871	59,013
Operating Profit Annual in Cr	71,274	57,534
Depreciation Cr	36,432	33,091
Interest Annual Cr	19,300	16,616
Tax Annual Cr	4,273	4,178
Net Profit Annual Cr	8,346	4,255

Indicator	Mar 2023	Mar 2022
Cash from Operating Activity Annual Cr	65,325	55,017
Cash from Investing Activity Annual Cr	-39,080	-41,870
Cash from Financing Annual Activity Cr	-24,470	-15,203
Net Cash Flow Annual Cr	1,775	-2,056

Indicator	Mar 2023	Mar 2022
Total ShareHolders Funds Annual Cr	90,795	66,554
Fixed Assets Annual Cr	293,045	216,207
Total Non Current Assets Annual Cr	389,132	311,628
Total Current Assets Annual Cr	57,501	52,028
Total Assets Annual Cr	446,633	363,656

Indicator	Mar 2023	Mar 2022
Book Value Per Share Annual Rs	211	164
ROE Annual %	9	6
ROCE Annual %	11	10
Total Debt to Total Equity Annual	-	-
EBDIT Annual Margin %	52	50

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Airtel Technicals

EMA & SMA

Current Price

₹995.4

10.5 (1.07%)

Bullish Moving Average
___
16

Bearish Moving Average
___
0

EMA SMA

20 Day
₹953.09

50 Day
₹933.59

100 Day
₹907.29

200 Day
₹867.92

20 Day
₹946

50 Day
₹936.27

100 Day
₹907.05

200 Day
₹849.43

Airtel Resistance and Support

PIVOT

₹981.37

Resistance
First Resistance	₹991.54
Second Resistance	₹998.17
Third Resistance	₹1008.34

RSI	71.82
MFI	83.08
MACD Single Line	9.19
MACD	13.14

Support
First Resistance	₹974.74
Second Resistance	₹964.57
Third Resistance	₹957.94

Airtel Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	5,134,043	314,819,517	61.32
Week	3,511,780	215,693,497	61.42
1 Month	3,939,071	266,911,445	67.76
6 Month	5,454,669	382,208,671	70.07

Airtel Result Highlights

Airtel Synopsis

NSE-Telecom Svcs-Wireless

Bharti Airtel is involved in the business activities of Wireless telecommunications activities. Company’s Total Operating Revenue is Rs. 84720.10 Cr. and Equity Capital is Rs. 2836.60 Cr. for the Year ended 31/03/2023. Bharti Airtel Ltd. is a Public Limited Listed company incorporated on 07/07/1995 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899HR1995PLC095967 and registration number is 070609.

Market Cap	553,462
Sales	89,343
Shares in Float	257.39
No of funds	1333
Yield	0.41

Book Value	7.11
U/D Vol ratio	1
LTDebt / Equity	173
Alpha	0.05
Beta	0.69

Airtel

Owner Name	Sep-23	Jun-23	Mar-23	Dec-22
Promoters	54.75%	54.97%	55.02%	55.12%
Mutual Funds	11.33%	11.06%	11.41%	10.87%
Insurance Companies	6.88%	6.92%	6.88%	6.83%
Foreign Portfolio Investors	21.87%	21.48%	20.97%	21.7%
Financial Institutions/ Banks	0.06%	0.07%	0.06%	0.03%
Individual Investors	1.84%	1.92%	2.05%	1.96%
Others	3.27%	3.58%	3.61%	3.49%

Airtel Management

Name	Designation
Mr. Sunil Bharti Mittal	Chairman
Mr. Gopal Vittal	Managing Director & CEO
Mr. Rakesh Bharti Mittal	Non Executive Director
Ms. Chua Sock Koong	Non Executive Director
Mr. Tao Yih Arthur Lang	Non Executive Director
Mr. Shyamal Mukherjee	Independent Director
Mr. Pradeep Kumar Sinha	Independent Director
Ms. Nisaba Godrej	Independent Director
Mr. V K Viswanathan	Independent Director
Ms. Kimsuka Narasimhan	Independent Director
Mr. Dinesh Kumar Mittal	Independent Director

Airtel Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Other Analyst Rating

Date	Purpose	Remarks
2023-10-31	Quarterly Results
2023-08-03	Quarterly Results
2023-05-16	Audited Results & Dividend
2023-02-07	Quarterly Results
2022-10-31	Quarterly Results

Date	Purpose	Remarks
2023-08-11	FINAL	Rs.4.00 per share(80%)Final Dividend
2023-08-11	FINAL	Rs.1.00 per share(80%)Dividend
2022-08-02	FINAL	Rs.3.00 per share(60%)Dividend
2022-08-02	FINAL	Rs.0.75 per share(60%)Dividend on Partly Paid Shares

Airtel MF Shareholding

Name	Amount(cr)
SBI Nifty 50 ETF	155471
SBI S&P BSE Sensex ETF	95207
HDFC Balanced Advantage Fund Growth	63981
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl	59302
ICICI Prudential Balanced Advantage Fund Growth	49871

Airtel FAQs

What is Share Price of Bharti Airtel ?

Bharti Airtel share price is ₹995 As on 29 November, 2023 | 16:18

What is the Market Cap of Bharti Airtel ?

The Market Cap of Bharti Airtel is ₹569354.1 Cr As on 29 November, 2023 | 16:18

What is the P/E ratio of Bharti Airtel ?

The P/E ratio of Bharti Airtel is 75.4 As on 29 November, 2023 | 16:18

What is the PB ratio of Bharti Airtel ?

The PB ratio of Bharti Airtel is 4.5 As on 29 November, 2023 | 16:18

Is Bharti Airtel and Airtel the same?

While Bharti Airtel is the parent company, Airtel is the brand name. Bharti Airtel Limited, also known popularly as Airtel, is an Indian multinational telecommunications service provider headquartered in New Delhi, India. Airtel operates in 18+ countries across South Asia and Africa, as well as the Channel Islands.

When was Bharti Airtel founded?

Airtel was founded on 7th July 1995 in India and operated under Bharti Tele-Ventures Limited.

Who is the founder of Bharti Airtel?

Bharti Airtel is founded by Sunil Bharti Mittal, now the Chairman of Bharti Enterprises.

Airtel Performance

Day Range

Low 990.95
High 1007.1

995.4

52 Week Range

Low 735.8
High 1007.1

995.4

Open Price995.9
Previous Close984.9
Volume5647918

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Airtel Key Statistics

P/E Ratio	75.4
PEG Ratio	5.2
Market Cap Cr	569,354
Price to Book Ratio	4.5
EPS	-0.7
Dividend	0.4
Relative Strength Index	71.82
Money Flow Index	83.08
MACD Signal	9.19
Average True Range	12.72