Earnings Alerts

Bharti Airtel (BHARTI) Earnings: 1Q Net Income Surpasses Expectations with 43% Growth

  • Bharti Airtel‘s net income for Q1 is 59.5 billion rupees, marking a 43% increase year over year, surpassing estimates of 56.6 billion rupees.
  • Total revenue stands at 494.63 billion rupees, a 28% rise from the previous year, but slightly below the estimated 497.62 billion rupees.
  • Revenue from home services rose by 26% year over year, reaching 17.18 billion rupees.
  • However, digital TV services experienced a slight decline of 1.8% in revenue, totaling 7.63 billion rupees.
  • Average revenue per user (ARPU) for India mobile services increased by 2% quarter over quarter, now at 250 rupees.
  • Subscriber base at the end of the period grew by 2.5% quarter over quarter, totaling 605.49 million users.
  • Earnings before interest, taxes, depreciation, and amortization (EBITDA) soared 41% year over year to 281.67 billion rupees.
  • The EBITDA margin improved to 56.9%, compared to 51.8% from the previous year.
  • Analyst ratings include 27 buy recommendations, 3 holds, and 3 sells for Bharti Airtel‘s stock.

Bharti Airtel on Smartkarma

Analysts on Smartkarma have been actively covering Bharti Airtel, one of India’s leading telecom companies. Akshat Shah recently published a report on a potential stake sale by Singapore Telecommunications (Singtel) through its subsidiary, Pastel Ltd, looking to raise up to US$1bn by selling a 0.8% stake in Bharti Airtel Limited. This move follows a previous sale to GQG Partners. The analysis delves into the deal dynamics and its impact on Bharti Airtel‘s market positioning.

Additionally, Trung Nguyen from Lucror Analytics conducted an ESG report on Bharti Airtel, highlighting the company’s strong market position in India with a c. 30% market share. With a positive outlook on the industry and stable regulatory conditions, Bharti Airtel is seen as a “Low Risk” player on the LARA scale. Despite potential capex challenges related to 5G rollout, the company’s prudent balance-sheet management and steady leverage are noted as strengths worth considering for investors.


A look at Bharti Airtel Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

In analyzing the Smartkarma Smart Scores for Bharti Airtel, the company shows a promising long-term outlook. With a strong score of 5 in Growth, Bharti Airtel is positioned for expansion and development in the telecommunications sector. This signifies a positive trajectory for the company’s future growth prospects.

Additionally, Bharti Airtel scores well in the Dividend category with a score of 4, indicating a good potential for dividend payouts to investors. This showcases the company’s commitment to rewarding shareholders and generating consistent returns over the long run. Coupled with a Resilience score of 3, Bharti Airtel demonstrates a capacity to navigate challenges and maintain stability in the market.

Overall, Bharti Airtel Limited, a key player in the Indian telecommunications industry, continues to exhibit strengths in growth, dividends, and resilience, positioning itself as a significant player for investors seeking long-term opportunities in the sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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