With a global footprint in 18 countries spanning Asia and Africa, Bharti Airtel Ltd. is one of the top telecom firms in India. With over 458 million users as of June 2021, the firm, which was founded in 1995, has expanded to become the second-largest mobile network operator in the world. Bharti Airtel has been in the forefront of advancing the digital revolution in India and provides a variety of services, such as mobile phone and data, broadband, and digital TV.
Bharti Airtel has received awards over the years for its leadership and innovation in the telecommunications sector. The business has received multiple accolades for its digital offerings, network quality, and customer service. Bharti Airtel is well-positioned to continue with its strong focus on technology and customer-centric approach.
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BHARTI AIRTEL LTD IN RECENT NEWS
- Airtel has entered into a partnership with an Alphabet unit to offer high-speed Internet delivery using laser-based technology.
- During the fourth quarter ending on March 31, 2023, Bharti Airtel, the telecom giant, witnessed an impressive 89% quarter-on-quarter rise in its consolidated net profit, reaching 3,005.6 crore compared to 1,588.2 crore in Q3FY23. Additionally, the company’s consolidated revenue from operations showed a slight increase of 0.6% from 35,804.4 crore to 36,009.0 crore when compared to the preceding period.
- Airtel’s shares declined up to 2% following the launch of Jio Bharat phone by Reliance Industries (RIL).
HOW TO BUY BHARTI AIRTEL LTD SHARES?
You have the option to purchase Bharti Airtel shares through the following trading platforms:
BHARTI AIRTEL SHARE PRICE TARGET 2023
|BHARTI AIRTEL SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
The share price of Bharti Airtel is expected to be bullish and continue its uptrend in 2023. The maximum price for the stock is predicted to be ₹1,011.11 in December 2023, which represents a growth percentage of over 78% compared to the minimum price of ₹885.15 in July 2023. The company’s shares are expected to experience fluctuations throughout the year, with occasional dips, but the overall trend appears to be positive. With the telecommunications industry in India continuing to grow, and Bharti Airtel’s strong focus on innovation and customer-centric approach, the company is well-positioned for future growth and success. Investors who are bullish on the telecommunications sector may want to consider adding Bharti Airtel to their portfolio in 2023.
BHARTI AIRTEL SHARE PRICE TARGET 2024
|BHARTI AIRTEL SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
The year 2024 looks promising for Bharti Airtel as the telecommunications company’s share price is expected to continue its upward trajectory. Based on the table above, the maximum share price target for the year is predicted to be ₹1,938.72 in December 2024, while the minimum target is ₹1,004.66 in May 2024. The expected growth percentage between the minimum and maximum price targets is approximately 93%, indicating a strong potential for returns on investment for investors. The positive trend in the share price can be attributed to the company’s focus on innovation and technological advancements in the telecommunications industry, along with a customer-centric approach. As the Indian telecommunications market continues to grow, Bharti Airtel is well-positioned to capitalize on these opportunities and further cement its position as a leader in the industry. Investors who are bullish on the telecommunications sector may consider adding Bharti Airtel to their portfolio in 2024.
BHARTI AIRTEL SHARE PRICE TARGET 2025
|BHARTI AIRTEL SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
The year 2025 appears to be another promising year for Bharti Airtel, with the company’s share price predicted to continue its upward trend. The maximum share price target for the year is expected to be ₹2,351.70 in December 2025, while the minimum target is ₹1,364.67 in May 2025. The expected growth percentage between the minimum and maximum price targets is approximately 72%, indicating a significant potential for returns on investment. Bharti Airtel’s positive trajectory can be attributed to its strong market position and focus on innovative technology solutions, coupled with its customer-centric approach. As the Indian telecommunications industry continues to grow, Bharti Airtel is well-positioned to take advantage of new opportunities and expand its market share. Investors who are bullish on the telecommunications industry and seeking long-term investment options may consider adding Bharti Airtel to their portfolio in 2025, given the company’s potential for growth and strong market position.
BHARTI AIRTEL SHARE PRICE TARGET 2026 TO 2030
|BHARTI AIRTEL SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
Looking ahead, the future seems bright for Bharti Airtel Ltd. According to the above data, the maximum share price target for 2026 is ₹1,646.19 while the minimum price target is ₹1,152.33. For 2027, the maximum and minimum share price targets are ₹1,399.26 and ₹979.48, respectively. The year 2028 shows an impressive growth trend with a maximum target of ₹2,518.67 and a minimum target of ₹1,763.07. In 2029, the maximum target is predicted to be ₹5,173.75 while the minimum target is ₹3,621.62. Looking further ahead, the year 2030 is predicted to show a maximum share price target of ₹5,761.67 and a minimum target of ₹4,033.17. Overall, these predictions suggest a positive growth trend for Bharti Airtel Ltd in the coming years.
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FINANCIAL STRENGTH OF BHARTI AIRTEL LTD (2019 TO 2023)
|Year||Mar 2019||Mar 2020||Mar 2021||Mar 2022||Mar 2023|
|Other Income +||4,474||-35,600||-4,215||4,656||1,019|
|Profit before tax||-1,732||-43,177||-3,432||12,483||16,561|
|Net Profit +||1,688||-30,664||-12,364||8,305||12,287|
|EPS in Rs||0.74||-55.06||-25.63||7.23||14.97|
|Dividend Payout %||244%||-3%||0%||39%||27%|
1. Revenue Growth: The company has experienced consistent revenue growth over the last five years, rising from ₹80,780 crore in March 2019 to ₹139,145 crore in March 2023.
2. Operating Profit: The operating profit has seen significant growth, reaching ₹71,274 crore in March 2023, indicating effective management and operational efficiency.
3. Profit Before Tax: Despite fluctuations in certain years, the company managed to achieve a positive profit before tax in March 2022 and March 2023, with figures of ₹12,483 crore and ₹16,561 crore, respectively.
4. Net Profit: The net profit showed considerable fluctuations, with a notable decline in March 2020 and March 2021, reaching a low of -₹30,664 crore in March 2020. However, it rebounded to ₹12,287 crore in March 2023, indicating a recovery in profitability.
5. Tax Impact: The company experienced an unusually high tax rate of 197% in March 2019, and a negative tax rate of -260% in March 2021, suggesting exceptional circumstances in those periods.
6. Earnings per Share (EPS): The EPS experienced substantial fluctuations, with the lowest point being -₹55.06 in March 2020, followed by a notable recovery to ₹14.97 in March 2023.
7. Dividend Payout: The dividend payout percentage varied significantly, with a negative payout of -3% in March 2020, and reaching 27% in March 2023, indicating the company’s willingness to distribute profits to shareholders.
Overall, the data reveals a company with fluctuating profitability, impacted by various factors over the years. Investors and stakeholders should consider these trends while assessing the company’s financial health and growth prospects.
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BHARTI AIRTEL SHARE PRICE TARGET BY EXPERTS:
Various financial experts have given their share price targets for Bharti Airtel:
1. Prabhudas Lilladher recommends buying Bharti Airtel shares with a target price of Rs 1008.(February 9,2023)
2. Anand Rathi advises purchasing Bharti Airtel with a target price of Rs 890.(March 10,2023)
3. Motilal Oswal is bullish on the stock and suggests buying with a price target of Rs 985.(March 27,2023)
4. ICICI Securities suggests buying Bharti Airtel with a target price of Rs 960.(April 5,2023)
The maximum share price of Bharti Airtel in 2027 is Rs.2,351.70
The maximum share price of Bharti Airtel in 2029 is Rs. 5173.75
The maximum share price of Bharti Airtel in 2030 is Rs. 5761.67
POINTS TO NOTICE WHILE INVESTING IN BHARTI AIRTEL LTD SHARES:
1. The company has consistently maintained a robust dividend payout of 22.2%.
2. The stock is currently trading at 6.35 times its book value.
3. The company’s interest coverage ratio is relatively low.
4. Over the past three years, the company has shown a modest return on equity of 3.42%.
CONCLUSION: BHARTI AIRTEL LTD
We can see a considerable improvement in the company’s performance in terms of revenue growth, PAT, and operating profit margin based on the financial bank statements of Bharti Airtel Ltd for the last five years. The entire income of the business has consistently increased, with a notable increase of 15.63% in FY 2022 over the previous year. Also, PAT growth has changed from negative to positive, demonstrating a remarkable improvement in the company’s profitability. Yet because the telecom sector is so fiercely competitive, the corporation has previously suffered some losses, and it might do so again in the future. As a result, there may be some risk involved in purchasing Bharti Airtel Ltd. shares.
According to expert views,it exhibits a mix of strengths and challenges. It has maintained a healthy dividend payout of 22.2%, indicating financial stability and a commitment to shareholders. Additionally, the stock’s attractive valuation at 6.35 times its book value may offer potential value for investors. However, it faces challenges, including a low interest coverage ratio and a modest return on equity of 3.42% over the last three years, highlighting the need for improving profitability and efficiency. Investors should carefully assess these aspects to make informed investment decisions.
Suhani Bhat, a student of Hansraj college, is a finance writer who takes deep interest in stock market, mutual funds, and other financial news. She writes for multiple finance blogs, including Financegradeup.com. Other than English, she also speaks Hindi.