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Last Updated on: 20 April, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 532454 | NSE: BHARTIARTL

Bharti Airtel Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 18, 2025, 10:03 pm

Market Cap 11,33,694 Cr.
Current Price 1,889
High / Low 1,898/1,219
Stock P/E56.7
Book Value 153
Dividend Yield0.42 %
ROCE13.1 %
ROE14.9 %
Face Value 5.00
PEG Ratio0.42

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Bharti Airtel Ltd

Competitors of Bharti Airtel Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
City Online Services Ltd 3.51 Cr. 6.79 11.0/4.6610.3 0.560.00 %24.4 %% 10.0
Cistro Telelink Ltd 4.21 Cr. 0.82 0.82/0.56 0.550.00 %0.54 %0.54 % 1.00
Vodafone Idea Ltd 79,199 Cr. 7.31 19.2/6.60 13.70.00 %3.61 %% 10.0
Uniinfo Telecom Services Ltd 17.9 Cr. 16.7 54.3/13.9 30.70.00 %2.87 %1.89 % 10.0
Tejas Networks Ltd 15,120 Cr. 858 1,495/64722.7 2120.00 %3.68 %2.06 % 10.0
Industry Average143,123.78 Cr348.0029.64135.730.11%11.75%12.69%8.54

All Competitor Stocks of Bharti Airtel Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 29,86731,50032,80534,52735,80436,00937,44037,04437,90037,59938,50641,47345,129
Expenses 15,16415,46016,27516,93317,72017,31217,84217,53018,08518,23418,79919,62720,533
Operating Profit 14,70316,04016,52917,59418,08518,69719,59819,51419,81519,36519,70821,84624,597
OPM % 49%51%50%51%51%52%52%53%52%52%51%53%54%
Other Income 8531,638355559-412886-2,478-6541,013-1,3082,0104759,675
Interest 4,3674,0594,5114,9404,6865,1635,6145,1866,6455,2035,1525,4245,676
Depreciation 8,5478,5838,7818,9479,2989,4069,6549,73410,07410,07510,54011,00011,704
Profit before tax 2,6425,0373,5924,2653,6895,0141,8533,9404,1082,7786,0255,89716,892
Tax % 38%26%31%30%29%16%18%47%30%26%22%30%4%
Net Profit 1,6513,7152,4692,9792,6144,2261,5202,0932,8762,0684,7184,15316,135
EPS in Rs 1.413.412.733.862.855.392.892.394.343.667.316.3125.95

Last Updated: March 3, 2025, 5:14 pm

Below is a detailed analysis of the quarterly data for Bharti Airtel Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is 45,129.00 Cr.. The value appears strong and on an upward trend. It has increased from 41,473.00 Cr. (Sep 2024) to 45,129.00 Cr., marking an increase of 3,656.00 Cr..
  • For Expenses, as of Dec 2024, the value is 20,533.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19,627.00 Cr. (Sep 2024) to 20,533.00 Cr., marking an increase of 906.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is 24,597.00 Cr.. The value appears strong and on an upward trend. It has increased from 21,846.00 Cr. (Sep 2024) to 24,597.00 Cr., marking an increase of 2,751.00 Cr..
  • For OPM %, as of Dec 2024, the value is 54.00%. The value appears strong and on an upward trend. It has increased from 53.00% (Sep 2024) to 54.00%, marking an increase of 1.00%.
  • For Other Income, as of Dec 2024, the value is 9,675.00 Cr.. The value appears strong and on an upward trend. It has increased from 475.00 Cr. (Sep 2024) to 9,675.00 Cr., marking an increase of 9,200.00 Cr..
  • For Interest, as of Dec 2024, the value is 5,676.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,424.00 Cr. (Sep 2024) to 5,676.00 Cr., marking an increase of 252.00 Cr..
  • For Depreciation, as of Dec 2024, the value is 11,704.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11,000.00 Cr. (Sep 2024) to 11,704.00 Cr., marking an increase of 704.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is 16,892.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,897.00 Cr. (Sep 2024) to 16,892.00 Cr., marking an increase of 10,995.00 Cr..
  • For Tax %, as of Dec 2024, the value is 4.00%. The value appears to be improving (decreasing) as expected. It has decreased from 30.00% (Sep 2024) to 4.00%, marking a decrease of 26.00%.
  • For Net Profit, as of Dec 2024, the value is 16,135.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,153.00 Cr. (Sep 2024) to 16,135.00 Cr., marking an increase of 11,982.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 25.95. The value appears strong and on an upward trend. It has increased from 6.31 (Sep 2024) to 25.95, marking an increase of 19.64.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:50 pm

MetricMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales 76,94785,86496,10196,53295,46882,63980,78087,539100,616116,547139,145149,982162,708
Expenses 53,98759,35262,49962,54860,13852,56055,01650,93055,33759,01367,87171,69177,193
Operating Profit 22,96026,51233,60233,98435,33030,07925,76436,61045,27957,53471,27478,29285,515
OPM % 30%31%35%35%37%36%32%42%45%49%51%52%53%
Other Income 1,1592,8811,2434,8581,7131,7564,474-37,775-4,2154,6561,019-3,42810,852
Interest 4,5195,8794,4468,5469,5479,32610,62213,99215,09116,61619,30022,64821,455
Depreciation 14,81515,65019,85817,45019,77319,24321,34827,69029,40433,09136,43239,53843,320
Profit before tax 4,7857,86410,54012,8467,7233,267-1,732-42,846-3,43212,48316,56112,67931,593
Tax % 53%62%52%46%45%33%-197%-28%260%33%26%32%
Net Profit 2,2673,0195,0486,8934,2412,1841,688-30,664-12,3648,30512,2878,55827,074
EPS in Rs 4.325.048.4111.056.912.000.74-55.06-25.637.2314.9713.2043.23
Dividend Payout % 17%26%33%9%11%194%244%-3%0%39%27%62%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)33.17%67.21%36.55%-38.47%-48.50%-22.71%-1916.59%59.68%167.17%47.95%-30.35%
Change in YoY Net Profit Growth (%)0.00%34.04%-30.66%-75.02%-10.03%25.79%-1893.88%1976.27%107.49%-119.22%-78.30%

Bharti Airtel Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:6%
5 Years:13%
3 Years:14%
TTM:10%
Compounded Profit Growth
10 Years:16%
5 Years:122%
3 Years:-2%
TTM:75%
Stock Price CAGR
10 Years:18%
5 Years:31%
3 Years:37%
1 Year:47%
Return on Equity
10 Years:9%
5 Years:12%
3 Years:11%
Last Year:15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:35 am

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 1,8991,9991,9991,9991,9991,9991,9992,7282,7462,7952,8372,8772,896
Reserves 48,42357,75737,77864,77165,45867,53669,42474,41756,20763,75974,72679,14284,202
Borrowings 66,73675,89683,415100,646107,288111,334125,428148,228162,785169,678226,020215,592225,541
Other Liabilities 40,91245,84058,74757,05657,57868,65377,176133,718122,679124,975140,974144,408148,344
Total Liabilities 157,970181,492181,939224,472232,322249,521274,026359,091344,417361,207444,557442,019460,982
Fixed Assets 125,674140,614124,279172,293178,235187,200200,832229,256223,480244,083277,394303,303330,199
CWIP 2,992017,4155,70210,8389,7519,6344,2825,7265,95549,42516,9048,753
Investments 7,71015,53110,75211,97714,33916,15915,71125,47627,55029,34932,95431,60234,438
Other Assets 21,59425,34729,49434,50028,91036,41147,850100,07787,66181,82084,78490,21087,592
Total Assets 157,970181,492181,939224,472232,322249,521274,026359,091344,417361,207444,557442,019460,982

Below is a detailed analysis of the balance sheet data for Bharti Airtel Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹2,896.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,877.00 Cr. (Mar 2024) to ₹2,896.00 Cr., marking an increase of 19.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹84,202.00 Cr.. The value appears strong and on an upward trend. It has increased from 79,142.00 Cr. (Mar 2024) to ₹84,202.00 Cr., marking an increase of 5,060.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹225,541.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 215,592.00 Cr. (Mar 2024) to ₹225,541.00 Cr., marking an increase of 9,949.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹148,344.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 144,408.00 Cr. (Mar 2024) to ₹148,344.00 Cr., marking an increase of 3,936.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹460,982.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 442,019.00 Cr. (Mar 2024) to ₹460,982.00 Cr., marking an increase of 18,963.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹330,199.00 Cr.. The value appears strong and on an upward trend. It has increased from 303,303.00 Cr. (Mar 2024) to ₹330,199.00 Cr., marking an increase of 26,896.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹8,753.00 Cr.. The value appears to be declining and may need further review. It has decreased from 16,904.00 Cr. (Mar 2024) to ₹8,753.00 Cr., marking a decrease of 8,151.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹34,438.00 Cr.. The value appears strong and on an upward trend. It has increased from 31,602.00 Cr. (Mar 2024) to ₹34,438.00 Cr., marking an increase of 2,836.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹87,592.00 Cr.. The value appears to be declining and may need further review. It has decreased from 90,210.00 Cr. (Mar 2024) to ₹87,592.00 Cr., marking a decrease of 2,618.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹460,982.00 Cr.. The value appears strong and on an upward trend. It has increased from 442,019.00 Cr. (Mar 2024) to ₹460,982.00 Cr., marking an increase of 18,963.00 Cr..

However, the Borrowings (225,541.00 Cr.) are higher than the Reserves (₹84,202.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +22,60826,23328,05927,94228,28029,85420,07018,12948,20555,01765,32578,898
Cash from Investing Activity +-18,676-25,181-22,301-14,091-30,680-27,940-28,286-29,598-27,286-41,478-39,232-51,089
Cash from Financing Activity +-4,5662,774-9,672-11,946-3511,9209,46419,144-24,910-15,203-24,470-27,778
Net Cash Flow-6343,826-3,9141,905-2,7523,8351,2487,675-3,991-1,6641,62331

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-44.00-49.00-50.00-67.00-72.00-81.00-100.00-112.00-117.00-112.00-155.00-137.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days322720211826191913131012
Inventory Days
Days Payable
Cash Conversion Cycle322720211826191913131012
Working Capital Days-98-105-172-139-150-200-189-257-172-154-155-161
ROCE %7%10%11%13%10%7%3%5%7%11%12%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Promoters55.93%55.93%55.14%55.12%55.02%54.97%54.75%54.57%53.48%53.17%53.14%53.12%
FIIs19.36%18.54%21.87%21.70%20.97%21.48%21.87%22.69%24.35%24.62%25.07%24.27%
DIIs19.50%20.22%18.76%19.02%19.78%19.55%19.69%19.51%19.20%19.13%18.65%19.52%
Government0.00%0.00%0.12%0.12%0.12%0.12%0.12%0.12%0.12%0.12%0.12%0.12%
Public5.16%5.26%4.06%4.00%4.05%3.82%3.53%3.07%2.80%2.89%2.93%2.91%
Others0.05%0.05%0.04%0.05%0.05%0.05%0.04%0.06%0.05%0.06%0.07%0.07%
No. of Shareholders7,67,5787,86,1697,79,9967,54,9617,58,7157,09,9526,85,5296,77,6906,94,2977,62,2667,84,9308,36,095

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Nifty 50 ETF45,732,6882.965137.38N/AN/AN/A
SBI S&P BSE Sensex ETF32,253,1793.433621.71N/AN/AN/A
SBI Equity Hybrid Fund31,000,0005.353482.39N/AN/AN/A
ICICI Prudential Value Discovery Fund21,238,6495.872385.84N/AN/AN/A
HDFC Flexi Cap Fund - Regular Plan18,000,0004.072022.03N/AN/AN/A
ICICI Prudential Bluechip Fund17,348,7383.781948.87N/AN/AN/A
ICICI Prudential Equity & Debt Fund14,595,3805.061639.57N/AN/AN/A
Mirae Asset Large Cap Fund13,139,6643.921476.04N/AN/AN/A
SBI Focused Equity Fund13,000,0004.751460.3613,000,0002025-04-19 18:41:590%
UTI Nifty 50 ETF12,746,6342.961431.89N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 5.005.005.005.005.00
Basic EPS (Rs.) 13.0914.807.67-27.65-63.41
Diluted EPS (Rs.) 12.8014.577.63-27.65-63.41
Cash EPS (Rs.) 78.8984.5569.7231.20-6.65
Book Value[Excl.RevalReserv]/Share (Rs.) 216.40210.95164.46147.90187.20
Book Value[Incl.RevalReserv]/Share (Rs.) 216.40210.95164.46147.90187.20
Revenue From Operations / Share (Rs.) 260.69245.27208.49183.20160.46
PBDIT / Share (Rs.) 138.58127.28103.8883.7870.42
PBIT / Share (Rs.) 69.8663.0644.6830.2419.66
PBT / Share (Rs.) 17.3327.8618.00-26.21-79.73
Net Profit / Share (Rs.) 10.1720.3310.52-22.34-57.40
NP After MI And SOA / Share (Rs.) 12.9814.717.61-27.46-58.99
PBDIT Margin (%) 53.1551.8949.8245.7343.88
PBIT Margin (%) 26.7925.7121.4316.5012.25
PBT Margin (%) 6.6411.368.63-14.30-49.69
Net Profit Margin (%) 3.898.295.04-12.19-35.77
NP After MI And SOA Margin (%) 4.975.993.65-14.99-36.76
Return on Networth / Equity (%) 7.399.196.39-25.58-41.71
Return on Capital Employeed (%) 13.1311.0110.007.084.67
Return On Assets (%) 1.671.861.17-4.35-8.92
Long Term Debt / Equity (X) 1.301.671.711.881.18
Total Debt / Equity (X) 1.501.822.002.201.52
Asset Turnover Ratio (%) 0.330.240.220.200.18
Current Ratio (X) 0.420.470.450.490.58
Quick Ratio (X) 0.410.460.450.480.58
Dividend Payout Ratio (NP) (%) 30.4720.340.00-8.230.00
Dividend Payout Ratio (CP) (%) 4.843.790.008.670.00
Earning Retention Ratio (%) 69.5379.660.00108.230.00
Cash Earning Retention Ratio (%) 95.1696.210.0091.330.00
Interest Coverage Ratio (X) 3.523.743.493.052.75
Interest Coverage Ratio (Post Tax) (X) 1.591.631.250.501.64
Enterprise Value (Cr.) 866218.75605930.28567069.50422698.86367084.74
EV / Net Operating Revenue (X) 5.784.354.874.204.19
EV / EBITDA (X) 10.868.399.779.199.56
MarketCap / Net Operating Revenue (X) 4.713.053.622.822.75
Retention Ratios (%) 69.5279.650.00108.230.00
Price / BV (X) 7.004.686.344.823.12
Price / Net Operating Revenue (X) 4.713.053.622.822.75
EarningsYield 0.010.010.01-0.05-0.13

After reviewing the key financial ratios for Bharti Airtel Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 13.09. This value is within the healthy range. It has decreased from 14.80 (Mar 23) to 13.09, marking a decrease of 1.71.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 12.80. This value is within the healthy range. It has decreased from 14.57 (Mar 23) to 12.80, marking a decrease of 1.77.
  • For Cash EPS (Rs.), as of Mar 24, the value is 78.89. This value is within the healthy range. It has decreased from 84.55 (Mar 23) to 78.89, marking a decrease of 5.66.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 216.40. It has increased from 210.95 (Mar 23) to 216.40, marking an increase of 5.45.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 216.40. It has increased from 210.95 (Mar 23) to 216.40, marking an increase of 5.45.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 260.69. It has increased from 245.27 (Mar 23) to 260.69, marking an increase of 15.42.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 138.58. This value is within the healthy range. It has increased from 127.28 (Mar 23) to 138.58, marking an increase of 11.30.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 69.86. This value is within the healthy range. It has increased from 63.06 (Mar 23) to 69.86, marking an increase of 6.80.
  • For PBT / Share (Rs.), as of Mar 24, the value is 17.33. This value is within the healthy range. It has decreased from 27.86 (Mar 23) to 17.33, marking a decrease of 10.53.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 10.17. This value is within the healthy range. It has decreased from 20.33 (Mar 23) to 10.17, marking a decrease of 10.16.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 12.98. This value is within the healthy range. It has decreased from 14.71 (Mar 23) to 12.98, marking a decrease of 1.73.
  • For PBDIT Margin (%), as of Mar 24, the value is 53.15. This value is within the healthy range. It has increased from 51.89 (Mar 23) to 53.15, marking an increase of 1.26.
  • For PBIT Margin (%), as of Mar 24, the value is 26.79. This value exceeds the healthy maximum of 20. It has increased from 25.71 (Mar 23) to 26.79, marking an increase of 1.08.
  • For PBT Margin (%), as of Mar 24, the value is 6.64. This value is below the healthy minimum of 10. It has decreased from 11.36 (Mar 23) to 6.64, marking a decrease of 4.72.
  • For Net Profit Margin (%), as of Mar 24, the value is 3.89. This value is below the healthy minimum of 5. It has decreased from 8.29 (Mar 23) to 3.89, marking a decrease of 4.40.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 4.97. This value is below the healthy minimum of 8. It has decreased from 5.99 (Mar 23) to 4.97, marking a decrease of 1.02.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 7.39. This value is below the healthy minimum of 15. It has decreased from 9.19 (Mar 23) to 7.39, marking a decrease of 1.80.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 13.13. This value is within the healthy range. It has increased from 11.01 (Mar 23) to 13.13, marking an increase of 2.12.
  • For Return On Assets (%), as of Mar 24, the value is 1.67. This value is below the healthy minimum of 5. It has decreased from 1.86 (Mar 23) to 1.67, marking a decrease of 0.19.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 1.30. This value exceeds the healthy maximum of 1. It has decreased from 1.67 (Mar 23) to 1.30, marking a decrease of 0.37.
  • For Total Debt / Equity (X), as of Mar 24, the value is 1.50. This value exceeds the healthy maximum of 1. It has decreased from 1.82 (Mar 23) to 1.50, marking a decrease of 0.32.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.33. It has increased from 0.24 (Mar 23) to 0.33, marking an increase of 0.09.
  • For Current Ratio (X), as of Mar 24, the value is 0.42. This value is below the healthy minimum of 1.5. It has decreased from 0.47 (Mar 23) to 0.42, marking a decrease of 0.05.
  • For Quick Ratio (X), as of Mar 24, the value is 0.41. This value is below the healthy minimum of 1. It has decreased from 0.46 (Mar 23) to 0.41, marking a decrease of 0.05.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 30.47. This value is within the healthy range. It has increased from 20.34 (Mar 23) to 30.47, marking an increase of 10.13.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 4.84. This value is below the healthy minimum of 20. It has increased from 3.79 (Mar 23) to 4.84, marking an increase of 1.05.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 69.53. This value is within the healthy range. It has decreased from 79.66 (Mar 23) to 69.53, marking a decrease of 10.13.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 95.16. This value exceeds the healthy maximum of 70. It has decreased from 96.21 (Mar 23) to 95.16, marking a decrease of 1.05.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 3.52. This value is within the healthy range. It has decreased from 3.74 (Mar 23) to 3.52, marking a decrease of 0.22.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.59. This value is below the healthy minimum of 3. It has decreased from 1.63 (Mar 23) to 1.59, marking a decrease of 0.04.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 866,218.75. It has increased from 605,930.28 (Mar 23) to 866,218.75, marking an increase of 260,288.47.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 5.78. This value exceeds the healthy maximum of 3. It has increased from 4.35 (Mar 23) to 5.78, marking an increase of 1.43.
  • For EV / EBITDA (X), as of Mar 24, the value is 10.86. This value is within the healthy range. It has increased from 8.39 (Mar 23) to 10.86, marking an increase of 2.47.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 4.71. This value exceeds the healthy maximum of 3. It has increased from 3.05 (Mar 23) to 4.71, marking an increase of 1.66.
  • For Retention Ratios (%), as of Mar 24, the value is 69.52. This value is within the healthy range. It has decreased from 79.65 (Mar 23) to 69.52, marking a decrease of 10.13.
  • For Price / BV (X), as of Mar 24, the value is 7.00. This value exceeds the healthy maximum of 3. It has increased from 4.68 (Mar 23) to 7.00, marking an increase of 2.32.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 4.71. This value exceeds the healthy maximum of 3. It has increased from 3.05 (Mar 23) to 4.71, marking an increase of 1.66.
  • For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Bharti Airtel Ltd as of April 20, 2025 is: 1,038.42

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 20, 2025, Bharti Airtel Ltd is Overvalued by 45.03% compared to the current share price 1,889.00

Intrinsic Value of Bharti Airtel Ltd as of April 20, 2025 is: 2,427.83

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 20, 2025, Bharti Airtel Ltd is Undervalued by 28.52% compared to the current share price 1,889.00

Last 5 Year EPS CAGR: 133.80%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -162.67, which is a positive sign.
  2. The company has shown consistent growth in sales (104.85 cr) and profit (5.23 cr) over the years.
  1. The stock has a low average ROCE of 9.08%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 19.17, which may not be favorable.
  3. The company has higher borrowings (139,891.31) compared to reserves (64,892.31), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bharti Airtel Ltd:
    1. Net Profit Margin: 3.89%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 13.13% (Industry Average ROCE: 11.75%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 7.39% (Industry Average ROE: 12.69%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.59
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.41
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 56.7 (Industry average Stock P/E: 29.64)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.5
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Bharti Airtel Ltd. is a Public Limited Listed company incorporated on 07/07/1995 and has its registered office in the State of Haryana, India. Company's Corporate Identification Number(CIN) is L74899HR1995PLC095967 and registration number is 070609. Currently Company is involved in the business activities of Wireless telecommunications activities. Company's Total Operating Revenue is Rs. 94119.80 Cr. and Equity Capital is Rs. 2876.60 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Telecom ServicesAirtel Center, Plot No. 16, Gurugram Haryana 122015compliance.officer@bharti.in
http://www.airtel.in
Management
NamePosition Held
Mr. Sunil Bharti MittalChairman
Mr. Gopal VittalManaging Director & CEO
Ms. Chua Sock KoongNon Executive Director
Mr. Tao Yih Arthur LangNon Executive Director
Mr. Rakesh Bharti MittalNon Executive Director
Ms. Nisaba GodrejIndependent Director
Ms. Kimsuka NarasimhanIndependent Director
Mr. Shyamal MukherjeeIndependent Director
Justice(Retd) Arjan Kumar SikriIndependent Director
Mr. Douglas Anderson BaillieIndependent Director

FAQ

What is the intrinsic value of Bharti Airtel Ltd?

Bharti Airtel Ltd's intrinsic value (as of 20 April 2025) is ₹1038.42 — 45.03% lower the current market price of 1,889.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 11,33,694 Cr. market cap, FY2025-2026 high/low of ₹1,898/1,219, reserves of 84,202 Cr, and liabilities of 460,982 Cr.

What is the Market Cap of Bharti Airtel Ltd?

The Market Cap of Bharti Airtel Ltd is 11,33,694 Cr..

What is the current Stock Price of Bharti Airtel Ltd as on 20 April 2025?

The current stock price of Bharti Airtel Ltd as on 20 April 2025 is 1,889.

What is the High / Low of Bharti Airtel Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Bharti Airtel Ltd stocks is ₹1,898/1,219.

What is the Stock P/E of Bharti Airtel Ltd?

The Stock P/E of Bharti Airtel Ltd is 56.7.

What is the Book Value of Bharti Airtel Ltd?

The Book Value of Bharti Airtel Ltd is 153.

What is the Dividend Yield of Bharti Airtel Ltd?

The Dividend Yield of Bharti Airtel Ltd is 0.42 %.

What is the ROCE of Bharti Airtel Ltd?

The ROCE of Bharti Airtel Ltd is 13.1 %.

What is the ROE of Bharti Airtel Ltd?

The ROE of Bharti Airtel Ltd is 14.9 %.

What is the Face Value of Bharti Airtel Ltd?

The Face Value of Bharti Airtel Ltd is 5.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Bharti Airtel Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE