Bharti Airtel is an A /T+1 group Telecom - Cellular & Fixed line services industry company with having Face value of Rs. 5.  Airtel is a global communications solutions provider with over 500 Mn customers in 17 countries across South Asia and Africa. It ranks amongst the Top 3 mobile operators globally and its networks cover over 2 Bn people. It is India’s largest integrated communications solutions provider and the second-largest mobile operator in Africa. Its retail portfolio includes high-speed 4G/5G mobile broadband and Airtel Xstream Fiber that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, streaming services spanning music and video, digital payments and financial services. For enterprise customers, Airtel offers a various solution which includes secure connectivity, cloud and data centre services, cyber security, IoT, Ad Tech and CPaaS (Airtel IQ). Its IoT enables enterprises across industries such as automobile, energy, utilities, logistics, financial services, manufacturing and many more with a secure and dedicated private network for the safe transmission of all customer data across connected devices. The company has 237,577 Mobile Network Towers, 752,136 Mobile broadband base stations Optic Fiber Network of 355,079 Rkm and 7 Submarine cable system. Its ultra-fast 5G service is now available to customers in 3000 cities and towns in the country. Starting From Katra in Jammu to Kannur in Kerala, Patna in Bihar to Kanyakumari in Tamil Nadu, Itanagar in Arunachal Pradesh to the Union territory of Daman and Diu, all the key urban and rural parts of the country have unlimited access to Airtel 5G Plus service.

Fundamentals (FY22-23):

Financial Results:

Company’s Net Sales was Rs 37,440.00 crore in June 2023 up 14.13%, Quarterly Net Profit at Rs. 1,612.50 crore in June 2023 up 0.35% and EBITDA stands at Rs. 19,946.80 crore in June 2023 up 19.29% as compared to March 2022.

Key Points:

1. Wynk Music, India’s leading music streaming app, and Dolby Laboratories, a leader in immersive entertainment experiences, announced the launch of Dolby Atmos® to its users at no extra cost. It will include songs across eight languages from renowned music labels such as Yash Raj Films (YRF), Saregama, Phonographic Digital Limited (PDL) and many more.
2. Airtel recently announced the launch of Airtel Xstream AirFiber, its fixed wireless access (FWA) offering, on 5G for consumers in Delhi and Mumbai. Xstream AirFiber is a plug-and-play device with in-built Wi-Fi 6 technology that will offer wide indoor coverage and can simultaneously connect up to 64 devices.
3. Airtel Launched “Airtel IQ Reach”, a first-of-its-kind self-serve marketing communications platform, which will enable brands/ companies to drive targeted customer engagements through personalised communications. It is world’s first network-embedded Communications Platform as a Service (CPaaS), which will help SME and MSME’s to engage with target customers in a cost-effective manner with prepaid pay-as-you-go plans.
4. Airtel Business’s its B2B division, has achieved yet another industry milestone by becoming the first ICT service provider in the country to connect over 20 million devices through its IoT solutions. Recently in partnership with Secure Meters the company deployed 1.3 million smart meters in Bihar on NB-IoT, a partnership with TP Western Odisha Distribution Limited (TPWODL) - a joint venture between Government of Odisha and Tata Power for the deployment of 200,000 Smart Meters in Odisha.
5. Matter Motor Works, a technology-led innovation start-up, and Bharti Airtel, announced a strategic partnership to deploy Airtel’s IoT solution in Matter AERA, India’s first and only geared electric motorbike. Airtel will enable advanced automotive grade E-Sims on all Matter AERA bikes, for which the pre-booking opened on 17th May. In the first phase, 60,000 Matter bikes will be enabled with Airtel E- Sims with advanced IOT features, offering a smart and connected experience on Airtel’s pan-India superior network.
6. Bharti Airtel (“Airtel”) made its 5G service available to customers across Kochi’s water metro stations for the first time, adding to the already-live service in all other parts of the island city of Kochi.
7. The company has won the Cloud and CDN mandate from the Digital India Corporation (DIC) to power DIKSHA (Digital Infrastructure for Knowledge Sharing) – India’s national platform for open education digital content. Airtel becomes the trusted partner for end-to-end management of DIKSHA’s online platforms across its mobile application and website.
8. The company has crossed 2 million unique users in many cities of the country including Tamilnadu, Andhra Pradesh,Telangana, Mumbai, UP, Jharkhand, Bihar,
9. Nxtra Data Limited (“Nxtra by Airtel”), a subsidiary of Bharti Airtel (Airtel) started the construction of its new hyper-scale data centre in Kolkata with an investment of Rs 600 Cr and it will be the largest data centre in East India which will serve the underserved markets of east and north-east regions along with the SAARC countries and fulfill the growing needs of enterprises and global cloud players.
10. Dialog Axiata Plc (“Dialog”), Axiata Group Berhad (“Axiata”) and Bharti Airtel Limited (“Airtel”) (collectively “the Parties”), have entered into a binding term sheet to combine operations of Bharti Airtel Lanka (Private) Limited, Airtel’s wholly-owned subsidiary with Dialog, a subsidiary of Axiata Group Berhad.
11. The company recently announced its strategic partnership with Bridgepointe Technologies ("Bridgepointe" or the "Company"), which will enable US enterprises interested in expanding to India and Africa to leverage Airtel’s digital infrastructure solution.
12. Company has also launched its 5G services in UT of Ladakh, Andaman and Nicobar.
13. Airtel and India Post Payments Bank (IPPB) have jointly launched WhatsApp Banking Services for IPPB customers, enabling them to access banking services on their mobile phone.
14. Airtel, Apollo Hospitals and AWS have jointly carried out India’s first 5G driven, Artificial Intelligence (AI) guided Colonoscopy trial as a result of which the colon cancer got detected much faster and with greater accuracy.
15. The company under Airtel’s Start Up Accelerator Program has recently acquired a strategic stake in Lemnisk (Immensitas Private Limited) that offers Real-Time Marketing Automation and secure Customer Data Platform (CDP) capable of orchestrating 1-to-1 personalization and cross-channel customer journeys at scale that increases conversions, retention, and growth for enterprises.
16. Bharti Airtel and Meta Platforms, Inc. (“Meta”) have collaborated to support the growth of India’s digital ecosystem. Both companies will jointly invest in global connectivity infrastructure and CPaaS based new-age digital solutions to support the emerging requirements of customers and enterprises in India.

In last 3 Years the stock gave a return of 60.93% as compared to the rise of Sensex and Nifty in the same period.

Airtel 5G Plus is now available in over 3500 towns and villages across the country and has surpassed the 10 million unique customer mark on its 5G network nationally. It is well poised to cover every town and key rural area with Airtel 5G services in upcoming months of 2023. Its recent launch of Airfibre is a strategic move to counter the upcoming possible competition from Elon Musk’s Telecom company, Starlink. Company has also made strategic partnerships with renowned companies TCS, Tech Mahindra, Intel, Google and has also acquired strategic stakes in certain companies which includes Indus Towers, Vahaan Inc. Aqilliz, SD-Wan startup lavelle networks. Considering good financial position, huge network in telecom industry, almost 35% marketshare in India’s telecom network, speedy roll out of 5G backed government’s ambition of Digital India and Make in India, the company is well poised to deliver healthy growth in telecom industry going further and investors may invest in this company for long term period even with buy in dip strategy.

 - HET ZAVERI

info@smartinvestment.in

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