ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter

Bharti Airtel Ltd.

  • 350.00 INR
  • +4.10
  • +1.19%
  • India
    Jul 17, 2019
  • Ticker
  • Prev. close
  • Market cap (INR)
  • Market cap (USD)
  • Shares

Business Summary

Bharti Airtel Ltd. engages in the provision of telecommunication, tower infrastructure, and direct-to-home digital television services. It operates through the following segments: Mobile Services India, Mobile Services South Asia, Mobile Services Africa, Airtel Business, Tower Infrastructure Services, Homes Services, Digital TV Services, and Others. The Mobile Services India segment covers voice and data telecom services provided through wireless technology in India. The Mobile Services South Asia segment covers operations in Sri Lanka and Bangladesh. The Mobile Services Africa handles the company's operations in Africa. The Airtel Business segment offers 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 Homes Services segment refers to services that cover voice and data communications through fixed-line network and broadband technology. The Digital TV Services segment consists of digital broadcasting services provided under the direct-to-home platform. The Others segment comprises of administrative and support services provided to other segments and also include Airtel payment bank operations. The company was founded by Sunil Bharti Mittal on July 7, 1995 and is headquartered in New Delhi, India.

Financial Highlights

Mar 2018 INRUSD
Gross Profit210,092M3,258.95M
Operating income108,470M1,682.59M
Income before tax32,670M506.77M
Net income10,990M170.47M
Diluted EPS2.520.03
Dividends Per Share5.340.08
Total Assets2,594.74B39,783.43M
Total liabilities1,811.26B27,770.82M
Total equity695,344M10,661.23M
Operating cash flow327,725M5,083.68M
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 857,461M 920,394M 965,321M 954,683M 836,879M
Gross Profit 268,433M 313,959M 306,969M 278,641M 210,092M
Operating income 119,552M 155,467M 166,577M 157,270M 108,470M
Income before tax 73,432M 99,907M 117,797M 77,233M 32,670M
Net income 27,727M 51,835M 60,767M 37,998M 10,990M
EBITDA 276,596M 311,257M 341,075M 355,000M 300,901M
Diluted EPS 6.43 11.90 13.95 8.73 2.52
Dividends Per Share 1.80 3.85 1.36 1 5.34
Total Assets 1,831.77B 1,957.81B 2,298.40B 2,402.07B 2,594.74B
Total liabilities 1,192.11B 1,289.72B 1,575.72B 1,658.76B 1,811.26B
Total equity 597,560M 619,564M 667,693M 674,563M 695,344M
Operating cash flow 224,706M 242,131M 250,312M 298,190M 327,725M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 14,188.32M 15,053.02M 14,744.29M 14,236.87M 12,981.70M
Gross Profit 4,441.73M 5,134.79M 4,688.63M 4,155.28M 3,258.95M
Operating income 1,978.21M 2,542.65M 2,544.29M 2,345.31M 1,682.59M
Income before tax 1,215.07M 1,633.97M 1,799.22M 1,151.75M 506.77M
Net income 458.79M 847.76M 928.15M 566.65M 170.47M
EBITDA 4,576.80M 5,090.60M 5,209.57M 5,293.99M 4,667.58M
Diluted EPS 0.10 0.19 0.21 0.13 0.03
Dividends Per Share 0.02 0.06 0.02 0.01 0.08
Total Assets 30,671.38M 31,284.41M 34,707.24M 36,991.97M 39,783.43M
Total liabilities 19,960.81M 20,608.87M 23,794.43M 25,544.94M 27,770.82M
Total equity 10,005.60M 9,900.15M 10,082.56M 10,388.28M 10,661.23M
Operating cash flow 3,718.18M 3,960.04M 3,823.25M 4,446.80M 5,083.68M

Valuation Measures

Mar 2018
Operating margin12.96%
Profit margin1.31%

Key executives

  • CEO, Managing Director & Executive Director: Gopal Vittal
  • Chief Operating Officer-India & South Asia Region: Ajai Puri
  • Chief Financial Officer: Nakul Sehgal
  • Global Chief Information Officer: Harmeen Mehta
  • Chief Technical Officer & Network Director: Randeep Singh Sekhon


  • Bharti Telecom Ltd. (47.7%)
  • Singapore Telecommunications Ltd. (12.5%)
  • ICICI Prudential Asset Management Co. Ltd. (3.2%)
  • Life Insurance Corp. of India (3.1%)
  • Indian Continent Investment Ltd. (1.7%)
  • SBI Funds Management Pvt Ltd. (1.5%)
  • Templeton Global Advisors Ltd. (1.3%)
  • The Vanguard Group, Inc. (1.1%)
  • Franklin Templeton Asset Management (India) Pvt Ltd. (1.1%)
  • BlackRock Fund Advisors (1.0%)

Contact Details

  • Website:
  • Address: Bharti Crescent, 1, Nelson Mandela Road, New Delhi, 110070, India
  • Phone: +91.11.46666100

Related Companies

  • Bharti Airtel Ltd. /VSAT Bus/
  • Bharti Land Ltd.
  • Airtel Africa Plc
  • Bharti International Pvt Ltd.
  • Network I2i Ltd. (Mauritius)
  • Indo Teleports Ltd.
  • Airtel Rwanda Ltd.
  • Tata Teleservices Ltd. /Consumer Mobile Business/
  • Bharti Airtel Zambia Holdings BV
  • Bharti Airtel Services Ltd.
  • Bharti Airtel Ltd. /Telecom Towers 1100/
  • Bharti International (Singapore) Pte Ltd.
  • Mobinteco Ltd.
  • Augere Wireless Broadband India Pvt Ltd.
  • Bharti Airtel Lanka (Pvt) Ltd.
  • Airtel Tanzania
  • Bharti Telemdia Ltd.
  • Bharti Airtel Ltd. /Direct-To-Home Business/
  • Airtel Uganda Ltd.
  • Jersey Airtel Ltd.
  • Wireless Business Services Pvt Ltd.
  • Airtel Payments Bank Ltd.
  • Qualcomm, Inc. /Broadband Wireless Access Bus/
  • Bharti Airtel Africa BV
  • Alcatel-Lucent Managed Solutions India Pvt Ltd.
  • Telenor (India) Communications Pvt Ltd.
  • Bharti Airtel Kenya Holdings BV
  • Bharti Airtel International (Netherlands) BV
  • Bharti Airtel Holdings (Singapore) Pte Ltd.
  • Bharti Comtel Ltd.


  • Orange SA
  • Emirates Telecommunications Group Company PJSC
  • VEON Ltd. Sponsored ADR
  • Axiata Group Bhd.
  • Sify Technologies Limited Sponsored ADR
  • Hathway Cable & Datacom Ltd.
  • American Tower Corporation
  • Net 1 UEPS Technologies, Inc.
  • Dish TV India Limited
  • Eros International Media Limited
Last Updated on 17 Jul, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media