Company Bharti Airtel Limited

Equities

BHARTIARTL

INE397D01024

Wireless Telecommunications Services

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Bharti Airtel Limited

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Wireless Telecom

Delayed Bombay S.E. Other stock markets 02:56:46 2024-04-25 am EDT			5-day change	1st Jan Change
1,330 ^INR	-0.51%		+4.86%	+28.65%

06:21am	Axiata, Sinar Mas closer to $3.5 billion telco merger in Indonesia, Bloomberg says	RE
Apr. 24	Indian Equities End Higher Midweek as Iran-Israel Conflict Subsides	MT

Bharti Airtel specializes in telecommunications services. Net sales break down by activity as follows:

- mobile telephone (76.7%): 395.7 million customers at the end of March 2018;

- telecommunications services to enterprises (11.7%);

- fixed telecommunications services (7.5%): fixed telephone, long distance telephone and Internet access services (2.2 million customers), and TV broadcasting services (14.2 million customers), etc.;

- services to telecoms operators (4%);

- other (0.1%).

Net sales are distributed geographically as follows: India (76.3%), Africa (22.7%) and other (1%).

Number of employees: 21,575

INR in Million	2022	Weight	2023	Weight	Delta
Mobile Services India 53.1 %	614,036	52.7 %	739,373	53.1 %	+20.41%
Mobile Services Africa 29.9 %	345,611	29.7 %	416,024	29.9 %	+20.37%
Airtel 11.8 %	140,302	12.0 %	163,637	11.8 %	+16.63%
Home Services 2.9 %	30,348	2.6 %	40,430	2.9 %	+33.22%
Digital Television Services 2.1 %	31,456	2.7 %	29,315	2.1 %	-6.81%
Mobile Services South Asia 0.2 %	3,716	0.3 %	2,669	0.2 %	-28.18%

INR in Million	2022	Weight	2023	Weight	Delta
India 66.7 %	777,402	66.7 %	928,568	66.7 %	+19.45%
Africa 29.9 %	345,611	29.7 %	416,024	29.9 %	+20.37%
Others 3.4 %	42,456	3.6 %	46,856	3.4 %	+10.36%

Managers	Title	Age	Since
Gopal Vittal CEO	Chief Executive Officer	57	05-12-31
Sunil Bharti Mittal FOU	Founder	66	95-07-06
Soumen Ray DFI	Director of Finance/CFO	50	21-12-20
Shashwat Sharma COO	Chief Operating Officer	-	17-12-31
Randeep Singh Sekhon CTO	Chief Tech/Sci/R&D Officer	-	18-07-31
Rohit Krishan Puri CMP	Compliance Officer	-	-
Pradipt Kapoor CTO	Chief Tech/Sci/R&D Officer	-	21-01-10
Naval Seth IRC	Investor Relations Contact	-	23-01-22
Anil Jeet Singh Riat AUD	Comptroller/Controller/Auditor	-	-
Rahul Vatts LAW	General Counsel	-	20-03-31

Members of the board	Title	Age	Since
Sunil Bharti Mittal FOU	Founder	66	95-07-06
Rakesh Bharti Mittal BRD	Director/Board Member	68	16-01-06
Sock Koong Chua BRD	Director/Board Member	66	01-04-30
Pradeep Kumar Sinha BRD	Director/Board Member	68	22-05-17
Nisaba Adi Godrej BRD	Director/Board Member	46	21-08-03
Douglas Baillie BRD	Director/Board Member	68	23-10-30
Gopal Vittal CEO	Chief Executive Officer	57	05-12-31
Tao Yih Lang BRD	Director/Board Member	52	19-12-03
Kimsuka Narasimhan BRD	Director/Board Member	59	19-03-29
Shyamal Mukherjee BRD	Director/Board Member	65	22-05-17

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	5,669,118,330	2,467,746,777 ( 43.53 %)	3,194,990 ( 0.0564 %)	43.53 %

Name	Equities	%	Valuation
SINGAPORE TELECOMMUNICATIONS LIMITED 51.76 %	2,927,103,384	51.76 %	43 135 M ₹
Bharti Overseas Pvt Ltd. 6.288 %	355,593,047	6.288 %	5 240 M ₹
Life Insurance Corporation of India (Investment Portfolio) 4.694 %	265,476,817	4.694 %	3 912 M ₹
SBI Funds Management Ltd. 2.856 %	161,502,835	2.856 %	2 380 M ₹
ICICI Prudential Asset Management Co. Ltd. 2.301 %	130,147,462	2.301 %	1 918 M ₹
Capital Research & Management Co. (World Investors) 2.001 %	113,176,325	2.001 %	1 668 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 1.414 %	79,949,713	1.414 %	1 178 M ₹
ALPHABET INC. 1.259 %	71,176,839	1.259 %	1 049 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 1.076 %	60,839,153	1.076 %	897 M ₹
Norges Bank Investment Management 1.066 %	60,304,114	1.066 %	889 M ₹

Name	Equities	%	Valuation
SBI Funds Management Ltd. 4.823 %	18,918,658	4.823 %	186 M ₹
HDFC Life Insurance Co. Ltd. (Investment Portfolio) 1.528 %	5,993,731	1.528 %	59 M ₹
ICICI Prudential Life Insurance Co. Ltd. (Invt Port) 1.135 %	4,451,578	1.135 %	44 M ₹
Invesco Asset Management (India) Pvt Ltd. 1.067 %	4,186,397	1.067 %	41 M ₹
Nippon Life India Asset Management Ltd. (Invt Mgmt) 0.9290 %	3,644,445	0.9290 %	36 M ₹
Aditya Birla Sun Life Amc Ltd. (Investment Management) 0.8405 %	3,297,147	0.8405 %	32 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt) 0.5848 %	2,294,262	0.5848 %	23 M ₹
Kotak Mahindra Asset Management Co. Ltd. 0.2820 %	1,106,135	0.2820 %	11 M ₹
UTI Asset Management Co. Ltd. (Investment Management) 0.2570 %	1,008,236	0.2570 %	10 M ₹
Wellington Management Hong Kong Ltd. 0.2044 %	801,744	0.2044 %	8 M ₹

Name	Equities	%	Valuation
INDUS TOWERS LIMITED 47.95%	1,292,261,364	47.95%	4,511,155,196 $
INDUS TOWERS LIMITED 70.00%	350,000,000	70.00%	3,414,047,000 $
AIRTEL AFRICA PLC 56.12%	2,105,108,805	56.12%	2,813,520,020 $
AIRTEL NETWORKS ZAMBIA PLC 96.36%	100,215,630	96.36%	175,005,553 $

Bharti Airtel Ltd.

Bharti Crescent 1, Nelson Mandela Road

110070, New Delhi

+91 12 4422 2222

http://www.airtel.in

address Bharti Airtel Limited(BHARTIARTL)

Name	Category and Sector
Bharti Hexacom Ltd. Bharti Hexacom Ltd. Major TelecommunicationsCommunications Bharti Hexacom Ltd. engages in providing communications solutions. It focuses on telecommunication business in Rajasthan and North East Circle. It offers consumer mobile services, fixed-line telephone, and broadband services under the brand Airtel. It operates through the Mobile Services, and Homes and Office Services segments. The Mobile Services segment covers voice and data telecom services provided through wireless technology. The Home and Office Services segment includes voice and data communications through fixed-line network and broadband technology for homes and offices. The company was founded on April 20, 1995 and is headquartered in New Delhi, India.	Major Telecommunications
INDUS TOWERS LIMITED	Finance/Rental/Leasing
Bharti Telemedia Ltd. Bharti Telemedia Ltd. Cable/Satellite TVConsumer Services Bharti Telemedia Ltd. provides DTH, broadband, wireline and IPTV services. The company was founded in 2006 and is headquartered in New Delhi, India.	Cable/Satellite TV
Bharti Airtel International (Netherlands) BV Bharti Airtel International (Netherlands) BV Wireless TelecommunicationsCommunications Bharti Airtel International (Netherlands) BV operates as a financial holding company with interests in cellular telecommunication service. The company is headquartered in Amsterdam, the Netherlands.	Wireless Telecommunications
Bharti Airtel Services Ltd. Bharti Airtel Services Ltd. Specialty TelecommunicationsCommunications Part of Bharti Airtel Ltd., Bharti Airtel Services Ltd. is an Indian telecommunications company. The private company is based in New Delhi, India. Founded in 1997, Bharti Airtel Services provides telecommunications services.	Specialty Telecommunications
Nettle Infrastructure Investments Ltd. Nettle Infrastructure Investments Ltd. Financial ConglomeratesFinance Nettle Infrastructure Investments Ltd. provides investment services. The company is headquartered in New Delhi, India.	Financial Conglomerates
Indo Teleports Ltd. Indo Teleports Ltd. Specialty TelecommunicationsCommunications Indo Teleports Ltd. provides telecommunication services. The company was founded in October 2008 and is headquartered in New Delhi, India.	Specialty Telecommunications
Network i2i Ltd. (Mauritius) Network i2i Ltd. (Mauritius) Specialty TelecommunicationsCommunications Part of Bharti Airtel Ltd., Network i2i Ltd. is a Mauritian company that engages in the operation and provision of telecommunication facilities and services. The private company is based in Port Louis, Mauritius.	Specialty Telecommunications
Telesonic Networks Ltd. Telesonic Networks Ltd. Wireless TelecommunicationsCommunications Part of Bharti Airtel Ltd., Telesonic Networks Ltd. is an Indian company that provides wireless telecommunication services. The private company is based in Gurugram, India. Rakesh Kumar has been the CEO of the company since 2017.	Wireless Telecommunications
Nxtra Data Ltd. Nxtra Data Ltd. Data Processing ServicesTechnology Services Nxtra Data Ltd. provides data centre managed services. The firm offers the cloud services, managed services, data recovery and colocation services. The company is headquartered in New Delhi, India.	Data Processing Services
Airtel Digital Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1,336 INR

Average target price

1,258 INR

Spread / Average Target

-5.87%

Consensus

Estimates Revisions

Company calendar

Technology

Telecommunications Services

Telecommunications Services

Wireless Telecommunications Services

Wireless Telecom

	1st Jan change	Capi.
BHARTI AIRTEL LIMITED	+28.65%	95.31B
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CELLNEX TELECOM, S.A.	-12.90%	23.42B
ROGERS COMMUNICATIONS INC.	-15.69%	20.52B
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DIGI.COM	+0.25%	10.04B
FAR EASTONE TELECOMMUNICATIONS CO., LTD.	+0.88%	8.89B
VODAFONE IDEA LIMITED	-15.31%	10.45B
MTN GROUP LIMITED	-27.90%	7.82B
TELE2 AB	+20.46%	6.63B

Wireless Telecom