Bharti Airtel, headquartered in New Delhi, India, is a telecommunications juggernaut with a rich history, dating back to its founding in 1995. The company offers a wide range of services, including mobile and fixed-line telephony, broadband, and digital TV services, to a vast and diverse customer base. Operating across 18 countries in Asia and Africa, Bharti Airtel stands as a major player on the global telecommunications stage.
Leadership: Gopal Vittal is at the helm as the CEO, guiding the company toward continued success.
Bharti Airtel is the second-largest mobile network operator in India and ranks as the third-largest globally, boasting an impressive subscriber base of over 458 million as of June 2021.
Pioneering 5G: In 2021, Bharti Airtel achieved a significant milestone by successfully testing 5G technology in India, positioning itself as the country’s first telecom operator to do so. The company is eager to deploy 5G services across India once the government allocates the necessary spectrum.
Name: Bharti Airtel
CEO: Gopal Vittal
Headquarters: New Delhi, India
Locations: India, Africa, South Asia
Website: Bharti Airtel Official Website
Fundamentals of Bharti Airtel:
To gauge Bharti Airtel’s financial health and valuation, it’s essential to consider the following key fundamentals:
Market Cap: ₹5.55 trillion
Enterprise Value: ₹7,705,042,878,464.00
Shares Outstanding: 5.61 billion
P/E Ratio: 65.39
Book Value: ₹135.38
Payout Ratio: 20.66%
Quick Ratio: 0.23
Current Ratio: 0.52
Earnings Per Share: ₹14.51
Revenue Per Share: ₹253.79
Total Cash Per Share: ₹40.88
Dividend Rate: ₹4.00
Ex-Dividend Date: August 11, 2023
Dividend Yield: 0.43%
Total Cash: ₹232.11 billion
Total Debt: ₹2.25 trillion
Total Revenue: ₹1.44 trillion
Return on Equity: 11.53%
Gross Profit: ₹863.98 billion
Gross Margin: 62.76%
% Held by Insiders: 56.08%
% Held by Institutions: 30.10%
Bharti Airtel Share Price Targets:
2023: Our conservative projection for Bharti Airtel’s share price in 2023 is ₹1,000, while the optimistic target is ₹1,200. The growth trajectory is expected to be driven by robust revenue growth and the company’s strategic focus on expanding its 5G network and digital services.
2024: In 2024, we anticipate a lower target of ₹1,200 and a higher target of ₹1,400. The company’s continued revenue growth, especially in the Indian and African markets, along with partnerships with global tech giants, is expected to contribute to this positive trend.
2025: For 2025, we forecast a minimum target of ₹1,400 and a maximum target of ₹1,600. Bharti Airtel’s revenue growth will persist, buoyed by a strong business mix and expansion into new markets, including their focus on 5G and digital services.
2027: Looking ahead to 2027, the lower target is ₹1,800, and the upper target is ₹2,000. Bharti Airtel’s revenue growth, expanding markets, and their commitment to 5G and digital services are poised to continue attracting investors.
2030: Our projection for 2030 is a minimum target of ₹2,500 and a maximum target of ₹3,000. The company’s steady growth trajectory will likely be propelled by its presence in Indian and African markets, further expansion of digital services, and partnerships with global tech leaders.
2035: The 2035 outlook anticipates a minimum target of ₹4,000 and a maximum target of ₹5,000, with Bharti Airtel’s strategy of expanding into new markets and maintaining a strong business mix.
2050: Our long-term vision for 2050 presents a minimum target of ₹10,000 and a maximum target of ₹12,000. Bharti Airtel’s revenue growth, unwavering commitment to technological innovation, and adaptability to market dynamics will be pivotal in achieving this sustained growth.
It is important to emphasize that this article does not provide financial advice or stock recommendations. Share price predictions are inherently speculative and are for educational purposes only. Always conduct thorough research and seek advice from financial experts before making investment decisions.