Asia300

Bharti Airtel Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Nov 17, 2017
Prev close: 493.55
Nov 17, 2017
Market cap:
Market cap(USD):
1,972.92B
30,323.4M
Shares: 3,997.4M

Currency in INR

Company profile

Market(Ticker): BOM(532454)
Sector:
Industry:
Communications
Wireless Telecommunications
Full time employees: 17,491

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 2017

  • Local currency
  • US Dollar
Revenue 954,683M
Gross profit 283,308M
Operating income 157,270M
Income before tax 66,784M
Net income 37,998M
EBITDA 355,000M
Diluted EPS 9.51
Dividends per share 1
Total assets 2,396.92B
Total liabilities 1,653.61B
Total equity 674,563M
Operating cash flow 298,190M

Currency in INR

Revenue 14,236.87M
Gross profit 4,224.87M
Operating income 2,345.31M
Income before tax 995.92M
Net income 566.65M
EBITDA 5,293.99M
Diluted EPS 0.14
Dividends per share 0.01
Total assets 36,912.65M
Total liabilities 25,465.62M
Total equity 10,388.28M
Operating cash flow 4,446.80M

Currency in USD

Valuation measures

Mar 2017

PER 36.79
ROA 1.61%
ROE 5.66%
Operating margin 16.47%
Profit margin 3.98%

Key executive

  • CEO, Managing Director & Executive Director: Gopal Vittal
  • Chief Operating Officer-India & South Asia Region: Ajai Puri
  • Global Chief Financial Officer: Nilanjan Roy
  • Chief Technology Officer & Director-Networks: Abhay Sarvargaonkar
  • Senior Vice President-Engineering: Satyamoorti Sivasubramanian

Share holders

  • Bharti Telecom Ltd.(50.1%)
  • Singapore Telecommunications Ltd.(14.7%)
  • Life Insurance Corp. of India(3.9%)
  • Indian Continent Investment Ltd.(2.0%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(1.6%)
  • The Vanguard Group, Inc.(1.0%)
  • SBI Funds Management Pvt Ltd.(1.0%)
  • ICICI Prudential Asset Management Co. Ltd.(1.0%)
  • Dodge & Cox(0.9%)
  • BlackRock Fund Advisors(0.8%)

Address

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

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.