Agencies has buy call on Bharti Airtel Ltd. The current market price of . is Rs 691.7.
Bharti Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 412696.43 Crore) operating in Telecommunications sector.
Bharti Airtel Ltd. key Products/Revenue Segments include Service Revenue and Sale of Products for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-03-2022, the company has reported a Consolidated Total Income of Rs 31518.90 Crore, up 4.84 % from last quarter Total Income of Rs 30063.70 Crore and up 22.02 % from last year same quarter Total Income of Rs 25831.20 Crore. Company has reported net profit after tax of Rs 3001.40 Crore in latest quarter.
Investment Rationale
Airtel saw a healthy 9% QoQ consolidated EBITDA growth driven by strong ~10% tariff-led ARPU improvement of India Mobile with a healthy 64% incremental EBITDA margin. It has witnessed 36% EBITDA CAGR over the last two years.
In a market witnessing SIM consolidation, Airtel added net/5G subscribers of 3m/5m, respectively, thus experiencing higher mobile revenue growth of 12% v/s peers as well as gaining further market share.
Promoter/FII Holdings
Promoters held 55.93 per cent stake in the company as of 31-Mar-2022, while FIIs owned 24.79 per cent, DIIs 14.08 per cent.
Bharti Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 412696.43 Crore) operating in Telecommunications sector.
Bharti Airtel Ltd. key Products/Revenue Segments include Service Revenue and Sale of Products for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-03-2022, the company has reported a Consolidated Total Income of Rs 31518.90 Crore, up 4.84 % from last quarter Total Income of Rs 30063.70 Crore and up 22.02 % from last year same quarter Total Income of Rs 25831.20 Crore. Company has reported net profit after tax of Rs 3001.40 Crore in latest quarter.
Investment Rationale
Airtel saw a healthy 9% QoQ consolidated EBITDA growth driven by strong ~10% tariff-led ARPU improvement of India Mobile with a healthy 64% incremental EBITDA margin. It has witnessed 36% EBITDA CAGR over the last two years.
In a market witnessing SIM consolidation, Airtel added net/5G subscribers of 3m/5m, respectively, thus experiencing higher mobile revenue growth of 12% v/s peers as well as gaining further market share.
Promoter/FII Holdings
Promoters held 55.93 per cent stake in the company as of 31-Mar-2022, while FIIs owned 24.79 per cent, DIIs 14.08 per cent.
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