Asia300

Bharti Airtel Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 28, 2017
Prev close: 340.65
Mar 28, 2017
Market cap:
Market cap(USD):
1,361.71B
20,918.87M
Shares: 3,997.39M

Currency in INR

Company profile

Market(Ticker): BOM(532454)
Sector:
Industry:
Communications
Wireless Telecommunications
Full time employees: 24,940

Business summary

Bharti Airtel Ltd. engages in the business of providing telecommunication systems and services, passive infrastructure services, and direct to home services. The company operates its business through the following segments: Mobile Services India and South Asia, Mobile Services Africa, Telemedia Services, Digital TV Services, Airtel Business, Tower Infrastructure Services, and Others. The Mobile Services India and South Asia segment covers voice and data telecom services provided through wireless technology in the geographies of India and South Asia. The Mobile Services Africa segment covers provision of voice and data telecom services offered to customers in Africa continent. The Telemedia Services segment covers voice and data communications based on fixed network and broadband technology. The Digital TV Services segment includes digital broadcasting services provided under the direct-to-home platform. The Airtel Business segment covers end-to-end telecom solutions being provided to large Indian and global corporations by serving as a single point of contact for all telecommunication needs across data and voice, network integration and managed services. The Tower Infrastructure Services segment includes setting up, operating and maintaining wireless communication towers in India. The Other's segment comprises of mobile commerce services, and also includes administrative and support services. Bharti Airtel was founded by Sunil Bharti Mittal on July 7, 1995 and is headquartered in New Delhi, India.

Company background

Bharti Airtel is India's largest cellphone carrier. It serves more than 200 million subscribers in the country. The company is expanding its business in Sri Lanka, Bangladesh and African countries as well.

Chairman Sunil Bharti Mittal founded the company. It started out as a manufacturer of bicycle parts in the 1970s and began making push-button phones in an alliance with Siemens in the 1980s. The company in 1995 became the first in India to offer a mobile phone service.

In the 2000s, Bharti Airtel forged a capital tie-up with Singapore Telecommunications, or Singtel, and boosted its operations by acquiring domestic phone companies. It stepped up its expansion abroad as it took over a telecommunications company in Bangladesh in 2010 and bought 15 African businesses from Kuwait's Zain group.

The Bharti group is overseen by Bharti Enterprises. The leading shareholder of Bharti Airtel is Bharti Telecom, which owns an interest of more than 40% in the company. Singtel, which has bought into Bharti Telecom and Bharti Airtel via group companies, owns a stake of about 30% in Bharti Airtel.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 965,321M
Gross profit 325,308M
Operating income 164,155M
Income before tax 111,051M
Net income 54,842M
EBITDA 339,038M
Diluted EPS 13.72
Dividends per share 1.36
Total assets 2,248.67B
Total liabilities 1,540.38B
Total equity 656,301M
Operating cash flow 250,315M

Currency in INR

Revenue 14,744.29M
Gross profit 4,968.74M
Operating income 2,507.29M
Income before tax 1,696.19M
Net income 837.65M
EBITDA 5,178.45M
Diluted EPS 0.20
Dividends per share 0.02
Total assets 33,956.31M
Total liabilities 23,260.77M
Total equity 9,910.54M
Operating cash flow 3,823.30M

Currency in USD

Valuation measures

Mar 2016

PER 25.57
ROA 2.60%
ROE 8.59%
Operating margin 17.00%
Profit margin 5.68%

Key executive

  • CEO, Executive Director & Managing Director: Gopal Vittal
  • Chief Operating Officer: Sameer Batra
  • Chief Financial Officer: Badal Bagri
  • Chief Technology Officer: Abhay Sarvargaonkar
  • Chief Information Officer: Harmeen Mehta

Share holders

  • Bharti Telecom Ltd.(43.9%)
  • Singapore Telecommunications Ltd.(14.7%)
  • Indian Continent Investment Ltd.(6.6%)
  • Life Insurance Corp. of India(5.0%)
  • Qatar Foundation(5%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(1.7%)
  • ICICI Prudential Asset Management Co. Ltd.(1.5%)
  • Dodge & Cox(1.2%)
  • Comgest S.A.(1.0%)
  • The Vanguard Group, Inc.(1.0%)

Address

  • Website: http://www.airtel.in
  • Address: Bharti Crescent, 1, Nelson Mandela Road, New Delhi, 110070, India
  • Phone: +91.11.46666100

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