BHARTIARTL

BHARTI AIRTEL

Large Cap BSE: 532454 NSE: BHARTIARTL
₹848.6
-0.15 (-0.02%)
As on 02 December, 2022 | 00:59

Bharti Airtel Performance

Day Range

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52 Week Range

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  • High
  • Open Price
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Bharti Airtel Share Price

Bharti Airtel Share Returns

  • Over 1 Month 1.56%
  • Over 3 Month 15.45%
  • Over 6 Month 22.16%
  • Over 1 Year 17.49%

Bharti Airtel Key Statistics

P/E Ratio 72.9
PEG Ratio 0.6
Market Cap Cr 480,418
Price to Book Ratio 5
EPS -2.9
Dividend 0.4
Relative Strength Index 61.7
Money Flow Index 61.37
MACD Signal 12.76
Average True Range 15.23

Bharti Airtel Investment Rating

  • Master Rating:
  • Bharti Airtel has an operating revenue of Rs. 128,698.30 Cr. on a trailing 12-month basis. ROE of 6% 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. From an O'Neil Methodology perspective, the stock has an EPS Rank of 76 which is a FAIR score but needs to improve its earnings, a RS Rating of 67 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 57 indicates it belongs to a fair industry group of Telecom Svcs-Wireless and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Bharti Airtel Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 21,00920,18719,49517,92917,10416,11416,330
Operating Expenses Qtr Cr 10,0939,9919,7918,9598,5358,2668,726
Operating Profit Qtr Cr 10,91610,1979,7048,9708,5707,8487,603
Depreciation Qtr Cr 6,5726,5406,3666,3236,1445,7595,560
Interest Qtr Cr 4,2084,1923,5483,5423,3843,6733,188
Tax Qtr Cr 336135-225-191-45-14829
Net Profit Qtr Cr 949407-2,468-588-133-436456

Bharti Airtel Technicals

EMA & SMA

Current Price
848.6
-0.15 (-0.02%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 835.03
  • 50 Day
  • 809.41
  • 100 Day
  • 779.21
  • 200 Day
  • 733.19
  • 20 Day
  • 835.96
  • 50 Day
  • 808.08
  • 100 Day
  • 760.64
  • 200 Day
  • 732.67

Bharti Airtel Resistance and Support

PIVOT
₹844.45
Resistance
First Resistance 856.3
Second Resistance 863.85
Third Resistance 875.7
RSI 61.7
MFI 61.37
MACD Single Line 12.76
MACD 11.49
Support
First Resistance 836.9
Second Resistance 825.05
Third Resistance 817.5

Bharti Airtel Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 4,714,971 298,882,012 63.39
Week 4,263,701 273,303,247 64.1
1 Month 5,853,658 383,531,657 65.52
6 Month 7,977,129 502,878,209 63.04

Bharti Airtel Result Highlights

Bharti 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. 70641.90 Cr. and Equity Capital is Rs. 2795.00 Cr. for the Year ended 31/03/2022. 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 480,418
Sales 78,620
Shares in Float 254.76
No of funds 1251
Yield 0.35
Book Value 6.01
U/D Vol ratio 1.3
LTDebt / Equity 120
Alpha 0.05
Beta 0.77

Bharti Airtel

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 55.13%55.93%55.93%
Mutual Funds 10.74%12.15%11.68%
Insurance Companies 6.73%2.26%2.23%
Foreign Portfolio Investors 21.87%18.54%19.36%
Financial Institutions/ Banks 0.06%0.03%0.05%
Individual Investors 1.76%1.88%1.83%
Others 3.71%9.21%8.92%

Bharti Airtel Management

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

Bharti Airtel Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bharti Airtel Corporate Action

Date Purpose Remarks
2022-10-31 Quarterly Results
2022-08-08 Audited Results
2022-05-17 Audited Results & Dividend
2022-02-08 Quarterly Results & Others To consider Fund Raising per share(56.8%)Interim Dividend
2022-01-28 Preferential issue of shares
Date Purpose Remarks
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

Bharti Airtel MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 151468
SBI S&P BSE Sensex ETF 83302
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 56730
HDFC Balanced Advantage Fund Growth 49709
ICICI Prudential Balanced Advantage Fund Growth 44002

About Company

Company Brief

Headquartered in New Delhi, India, Bharti Airtel is a global communications solutions provider in 17 countries across South Asia and Africa. The company ranks among the top three mobile operators globally, with 491 million customers across several segments.

Airtel's networks cover over two billion people and are the largest integrated communications provider in India while being the second-largest mobile operator in Africa. Bharti Airtel has structured its business in three strategic business units (SBUs): Mobile Services, Airtel Telemedia Services, and Enterprise Services.

The products & services offered by the company include:

  • Mobile - Prepaid and Postpaid Services, 4G/4.5G broadband and internet
  • Broadband & Internet - Speed on demand, Airtel PC secure, IPTV, Airtel Net PC
  • Digital TV
  • Data & IP Solutions
  • Wireless Internet - Data Card, USB modem
  • Email on the go
  • Calling Cards for international calling
  • Voice & Conferencing Solutions

For enterprise customers, Airtel offers multiple services, including secure connectivity, cloud and data centre services, cybersecurity, IoT, Ad Tech and CPaaS (Airtel IQ)

 

History

Bharti Airtel Limited is a Public Limited Company incorporated on 7th July 1995. Bharti Enterprises' flagship company has grown to be the largest integrated telecom services provider with operations in India, Sri Lanka, and 18 countries across Asia and Africa. The company ranks among the top 3 mobile service providers globally regarding the number of subscribers. It provides several services like high-speed 4G/4.5G mobile broadband, Airtel Xtream Fiber connection, digital payments, Digital TV, and other on-demand services. 

Bharti Airtel is founded by Sunil Bharti Mittal, who has a vast background in mobile and telecom segments. He started by assembling push-button phones in India in the year 1984. As time went by, Sunil Mittal was also manufacturing electronic push-button phones and making fax machines, cordless phones, and other telecom gear.

In 1992, Mittal bid for one of the four mobile phone network licensed auctioned in India. Mittal clinched the deal in partnership with French telecom group Vivendi, and in 1995, Bharti Cellular Limited (BCL) was formed under the brand name AirTel. The company changed its name to Bharti Airtel Limited on 24th April 2006 and has become one of India's largest telecom service providers. 

Airtel is now the most prominent mobile business provider in India, Sri Lanka, and Bangladesh while also providing broadband, Digital TV, and telephone services in 95+ Indian cities. Airtel has several mergers and acquisitions to its credit to help its growth, especially in the African and Asian markets. Some of these are:

  • Merger with MTN Group in May 2009
  • Acquisition of Zain's Africa Operations in June 2010
  • Acquisition of Warid Bangladesh and Robi in January 2010 and November 2016, respectively
  • Acquisition of 100% stakes in Telecom Seychelles in August 2010
  • Acquisition of Wireless Business Services Private Limited and Augere Wireless in 2015
  • Acquisition of Telenor India in February 2017
  • Acquisition of Tikona 4G spectrum in March 2017
  • Acquisition of Tigo Rwanda in December 2017
  • Acquisition of Mobile businesses of Tata Teleservices, Tata Docomo, and Tata Teleservices Maharashtra Limited (TTML) in July 2019
  • Acquisition of Singapore-based Aqulliz in February 2022, a blockchain-enabled MediaTech company

Market Capitalisation and Stock Information

Shareholding Pattern

Until March 2022, Promoter holdings in Bharti Airtel were 55.93%, consistent since March 2021. In addition, Foreign Institutional Investors (FII) held 19.36% of the shares. Meanwhile, Direct Institutional Investors (DII) had 19.50%, Public Investors owned 5.16%, and 0.05% by others.

Of the Public Investors, the Government of Singapore holds 1.47% of shares in the company, while Promoters Bharati Telecom Limited owns 35.85%, Pastel Limited held 13.84%, Indian Continent Investment Limited held 6.04%, and Viridian Limited holds 0.20%. 

The top mutual funds actively investing in Bharti Airtel are LIC of India Market Plus Non-Unit Fund, SBI Magnum Equity ESG Fund, ICICI Prudential Sensex Index Fund, HDFC Flexi Cap Fund, Franklin India Equity Hybrid Fund, Nippon India Opportunities Fund, and Aditya Birla Sunlife Resurgent India Fund. 

Corporate Social Responsibility Information

As per Bharti Airtel's Sustainability Report, the company is taking considerable steps to minimize waste, reduce environmental impact and undertake community activities to help facilitate a better world.

To outline its vision for sustainable social and economic growth, the company launched the 'Blueprint for Social Inclusion' in 2011, which envisages a world where information, knowledge, and resources are more equitable. In 2018, the company also launched its Sustainability Targets and planned to take steps to mitigate the effects of climate change and create a sustainable future for all. 

As mentioned in this report, some of the key highlights of Airtel Corporate Social & Sustainability Responsibility include:

  • Significant reduction in carbon emissions of the organization by taking sustainable steps to manage e-waste. The company achieved a 98.9% reduction in network emission intensity for mobile, a 28% reduction in CO2 emissions at Airtel's facilities, and 24% at their data centres compared to 2018-19. Airtel also recycled 5554 tonnes of e-waste from their iT and network infrastructure responsibly.
  • Airtel has moved to renewable and green energy sources to manage its power consumption. It uses 38.50% more renewable energy at its facilities compared to FY 2014-15 and has an 83.14% increase in renewable energy deployment at Airtel's facilities from FY 2019-20.
  • In terms of social impact, Airtel works with the Bharti foundation to give back to the community. This foundation has impacted 2.2 million lives and benefitted over 4.5 lakh students.
  • Helped 21 lakh farmers as part of its CSR activities and has grown the IFFCO Kisan Mobile App Active Users to 1.15+ lakh.
  • The foundation has a mission to promote sanitation and has constructed 31,661 toilets in various Indian villages till FY 2020.

Financial Information

Bottom Line

Net Worth

Bharti Airtel reported quarterly revenue of Rs. 31,500 crore in May 2022, which showed a 22.34% YoY growth compared to its previous quarters. Its quarterly net profit is at INR 2007.80 crore in March 2022, up 164.46% from Rs. 759.20 crore in March 2021. With an EBITDA margin of 50.8%, the EBITDA stands at Rs. 16,058.90 crore, and EPS has increased to Rs. 3.59. 

 

Bharti Airtel FAQs

What is Share Price of Bharti Airtel ?

Bharti Airtel share price is ₹848 As on 02 December, 2022 | 00:45

What is the Market Cap of Bharti Airtel ?

The Market Cap of Bharti Airtel is ₹480418.2 Cr As on 02 December, 2022 | 00:45

What is the P/E ratio of Bharti Airtel ?

The P/E ratio of Bharti Airtel is 72.9 As on 02 December, 2022 | 00:45

What is the PB ratio of Bharti Airtel ?

The PB ratio of Bharti Airtel is 5 As on 02 December, 2022 | 00:45

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. 

Is Bharti Airtel a good buy now?

As per the March 2022 Quarterly Report, Bharti Airtel has announced a 164% on-year surge in consolidated net profit, at Rs. 2007.8 crore. The company has also posted the highest average revenue per user (ARPU) growth in March 2022, with the number surging to 178, up from 163 in the quarter of December 2021. The company's consolidated revenues for the quarter grew by 5.5%, EBITDA margins expanded to 50.8%, and it has an ROE of 5.86. So while there are areas where the company needs to make significant improvements, investors can consider investing in Airtel given its technology-focus and stable record.  

Who is the founder of Bharti Airtel?

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

Q2FY23