Bharti Airtel

Market Cap (₹ Cr.)

₹9,80,183

52 Week High

1,779.00

Book Value

₹147

52 Week Low

895.45

PE Ratio

65.58

PB Ratio

10.70

PE for Sector

31.67

PB for Sector

4.73

ROE

8.11 %

ROCE

11.55 %

Dividend Yield

0.49 %

EPS

₹21.42

Industry

Telecomm-Service

Sector

Telecommunications - Service Provider

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

8.09 %

Net Income Growth

-30.35 %

Cash Flow Change

20.78 %

ROE

-29.77 %

ROCE

-0.76 %

EBITDA Margin (Avg.)

2.14 %

Financial Results

Quarterly Financials	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024
Revenue	16,105	14,856	14,875	15,107	15,636	16,390	16,480	15,240	14,351	14,558	14,052	12,768	12,521	12,472	12,415	13,527	14,542	13,472	13,428	13,934	15,727	15,660	16,398	17,017	17,959	17,115	17,884	18,078	19,788	21,887	21,555	21,945	21,967	22,836	23,685	24,224	24,944	26,089	27,393
Expenses	9,059	9,499	9,676	9,635	9,759	10,022	10,103	9,856	25,873	9,612	9,301	8,463	9,087	9,069	9,543	9,731	9,269	8,628	39,236	11,021	16,840	20,495	9,206	13,257	8,726	8,266	8,535	9,087	12,612	10,026	10,165	14,635	10,371	10,515	11,973	11,211	11,360	11,491	12,032
EBITDA	7,047	5,357	5,199	5,472	5,876	6,368	6,377	5,383	-11,522	4,947	4,751	4,305	3,434	3,404	2,872	3,797	5,273	4,844	-25,808	2,912	-1,114	-4,835	7,192	3,759	9,233	8,848	9,350	8,991	7,176	11,861	11,390	7,310	11,595	12,320	11,712	13,013	13,584	14,598	15,361
Operating Profit %	37 %	36 %	35 %	36 %	37 %	39 %	39 %	35 %	-81 %	34 %	33 %	33 %	27 %	27 %	23 %	21 %	26 %	33 %	-202 %	18 %	-12 %	-36 %	43 %	22 %	47 %	49 %	50 %	49 %	35 %	50 %	52 %	32 %	52 %	54 %	49 %	53 %	53 %	54 %	55 %
Depreciation	1,986	2,110	2,331	2,448	2,687	2,988	2,939	3,002	3,275	3,179	3,069	3,347	3,453	3,667	3,721	3,825	3,880	5,017	4,983	5,226	5,166	5,314	5,488	5,636	5,560	5,759	6,144	6,267	6,305	6,481	6,508	6,661	6,706	6,931	7,113	7,458	7,607	7,928	8,137
Interest	581	422	23	644	986	1,296	369	1,402	-155	1,345	1,146	1,183	1,394	2,064	1,192	309	1,904	2,373	2,404	2,926	3,760	2,792	2,869	2,969	3,188	3,673	3,384	3,305	3,318	3,941	3,954	3,529	3,108	3,452	3,741	3,550	3,662	3,668	3,872
Profit Before Tax	4,479	2,826	2,845	2,380	2,204	2,084	3,069	980	-14,642	422	536	-225	-1,414	-2,327	-2,041	-338	-511	-2,547	-33,195	-5,240	-10,039	-12,941	-1,165	-4,845	486	-584	-178	-581	-2,447	1,439	929	-2,881	1,782	1,937	858	2,006	2,315	3,002	3,352
Tax	655	778	589	597	475	466	734	189	-1,394	173	49	-153	-289	0	1	1	0	0	0	0	0	-131	0	0	0	0	0	0	0	-18	0	0	0	0	474	0	0	0	0
Net Profit	3,824	2,048	2,255	1,783	1,694	1,428	2,401	422	-14,176	281	495	64	-760	-1,462	-569	225	-37	-1,304	-24,514	-3,388	-6,883	-16,462	-846	-8,346	456	-436	-133	-447	-2,297	1,095	684	-3,222	1,354	1,457	293	1,414	1,824	2,469	2,518
EPS in ₹	9.57	5.12	5.64	4.46	4.24	3.57	6.01	1.06	-35.47	0.70	1.24	0.16	-1.90	-3.65	-1.33	0.57	-0.15	-2.81	-47.77	-6.60	-12.73	-30.17	-1.55	-15.30	0.84	-0.79	-0.24	-0.80	-4.11	1.96	1.21	-5.69	2.39	2.57	0.51	2.47	3.18	4.28	4.35

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,26,424	1,85,028	1,91,638	2,04,937	2,22,908	3,00,373	2,77,747	2,71,241	3,35,577	3,51,813
Fixed Assets	53,444	91,926	1,11,523	1,22,609	1,33,812	1,61,679	1,57,388	1,63,736	1,87,409	2,21,717
Current Assets	14,756	11,421	16,683	15,830	19,515	58,781	40,072	33,291	40,577	38,034
Capital Work in Progress	9,067	3,830	9,600	5,543	5,637	1,259	1,306	3,386	40,556	12,012
Investments	4,721	69,897	45,959	48,128	37,580	38,727	52,273	46,726	46,699	57,647
Other Assets	59,192	19,375	24,556	28,657	45,880	98,708	66,779	57,394	60,913	60,437
Total Liabilities	48,151	73,299	90,431	1,02,076	1,24,602	1,98,944	2,00,387	1,96,371	2,56,584	2,50,951
Current Liabilities	23,052	27,847	35,816	43,640	60,701	93,211	71,439	76,181	78,245	88,291
Non Current Liabilities	25,099	45,452	54,614	58,436	63,900	1,05,732	1,28,948	1,20,190	1,78,339	1,62,661
Total Equity	78,273	1,11,729	1,01,207	1,02,861	98,306	1,01,429	77,360	74,871	78,993	1,00,862
Reserve & Surplus	76,274	1,09,730	99,209	1,00,862	96,307	98,701	74,614	72,076	76,157	97,985
Share Capital	1,999	1,999	1,999	1,999	1,999	2,728	2,746	2,795	2,837	2,877

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	-57	-641	338	380	-246	2,869	-2,049	-704	1,076	-852
Investing Activities	-12,801	-21,989	-24,283	-17,211	-20,456	-22,272	-13,223	-33,170	-30,006	-34,877
Operating Activities	17,940	19,450	21,166	15,954	10,812	4,026	34,392	36,754	43,583	53,209
Financing Activities	-5,196	1,898	3,456	1,637	9,398	21,114	-23,218	-4,289	-12,500	-19,184

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024	Sept 2024
Promoter	55.86 %	55.86 %	55.86 %	55.93 %	55.93 %	55.93 %	55.13 %	55.12 %	55.02 %	54.97 %	54.75 %	54.57 %	53.49 %	53.17 %	53.14 %
FIIs	18.57 %	18.12 %	19.87 %	19.37 %	19.36 %	18.54 %	21.87 %	21.70 %	20.98 %	21.48 %	21.87 %	22.68 %	24.35 %	24.62 %	25.08 %
DIIs	20.35 %	20.65 %	19.15 %	19.48 %	19.50 %	20.22 %	18.89 %	19.16 %	19.93 %	19.69 %	19.84 %	19.65 %	19.35 %	19.29 %	18.82 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	5.16 %	5.32 %	5.08 %	5.16 %	5.16 %	5.26 %	4.06 %	3.96 %	4.01 %	3.81 %	3.50 %	3.04 %	2.76 %	2.86 %	2.90 %

Show % Change

Dividend History

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Bharti Airtel	1,637.10	9,80,182.81	65.58	1,51,417.81	8.09	8,558	98.42	40.89
Bharti Hexacom	1,425.45	71,202.50	169.93	7,337.50	9.20	504	237.48	50.03
Vodafone Idea	7.96	55,481.05	-	42,764.90	0.65	-31,238	17.96	27.75
Tata Communications	1,784.05	50,846.85	62.19	21,251.29	16.76	950	2.72	32.49
Bharti Airtel - PP	1,229.10	48,269.04	-	0.00	-	0	-	39.89
Railtel Corporation of India	405.80	15,198.04	81.09	2,002.20	26.90	189	23.37	43.09
Tata Teleservices Maharashtra	70.81	13,846.77	-	1,207.81	7.56	-1,228	-6.50	31.66
Nazara Technologies	918.00	7,033.03	76.89	1,217.91	6.79	89	13.23	48.37
Hathway Cable & Datacom	18.76	3,324.26	32.95	2,118.95	8.17	99	28.71	38.18
Mahanagar Telephone Nigam	47.76	3,009.51	-	1,373.10	-11.32	-3,268	9.21	40.91