Business description: Bharti Airtel Limited

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: 28,701

Sales by Activity: Bharti Airtel Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

Mobile Services India

56TCr 63TCr 76TCr 85TCr 1,00200Cr

Mobile Services Africa

29TCr 35TCr 42TCr 41TCr 42TCr

Mobile Services South Asia

424.6Cr 386.9Cr 294.4Cr 377.3Cr 94Cr

Airtel Business

14TCr 16TCr 19TCr 21TCr 22TCr

Passive Infrastructure Services

- - - - 11TCr

Homes Services

2.33TCr 3.04TCr 4.05TCr 4.97TCr 5.9TCr

Digital TV Services

3.06TCr 3.15TCr 2.94TCr 3.04TCr 3.06TCr

Others

12Cr 36Cr 86Cr 187.5Cr 347.8Cr

Eliminations / Adjustments

-4.05TCr -4.41TCr -5.01TCr - -

Inter-Segment Eliminations

- - - -5.65TCr -12TCr
See all business segments

Geographical breakdown of sales: Bharti Airtel Limited

Fiscal Period: March 2021 (INR) 2022 (INR) 2023 (INR) 2024 (INR) 2025 (INR)

India

70TCr 78TCr 93TCr 1,04200Cr 1,26400Cr

Africa

28TCr 35TCr 42TCr 40TCr 41TCr

Others

3.2TCr 3.87TCr 4.42TCr 4.98TCr 5.19TCr

South Asia

411Cr 371.6Cr 266.9Cr 346.9Cr -
See all geographic segments

Executive Committee: Bharti Airtel Limited

Manager TitleAgeSince
Chief Executive Officer - 01/01/2018
Director of Finance/CFO 52 21/12/2021
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - 01/08/2018
See BHARTI AIRTEL LIMITED governance

Composition of the Board of Directors: Bharti Airtel Limited

Director TitleAgeSince
Chairman 68 27/04/2006
Director/Board Member 67 01/05/2001
Director/Board Member 59 01/04/2014
Director/Board Member 61 30/03/2019
Director/Board Member 54 04/12/2019
Director/Board Member 47 04/08/2021
Director/Board Member 66 18/05/2022
Director/Board Member 71 31/10/2023
Director/Board Member 66 05/07/1995
Director/Board Member 64 03/11/2025
Composition of the Board of Directors

Shareholders: Bharti Airtel Limited

NameEquities%Valuation
49.91 %
2,84,56,37,544 49.91 % 66 668 M ₹
SBI Funds Management Ltd.
2.431 %
13,86,26,072 2.431 % 3 248 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
1.303 %
7,42,73,057 1.303 % 1 740 M ₹
1.248 %
7,11,76,839 1.248 % 1 668 M ₹
Government of Singapore
1.241 %
7,07,66,327 1.241 % 1 658 M ₹
NameEquities%Valuation
50.66 %
19,87,24,195 50.66 % 3 743 M ₹
Bharti Overseas Pvt Ltd.
6.158 %
2,41,56,604 6.158 % 455 M ₹
Life Insurance Corporation of India (Investment Portfolio)
3.842 %
1,50,71,916 3.842 % 284 M ₹
SBI Funds Management Ltd.
3.596 %
1,41,06,418 3.596 % 266 M ₹
HDFC Life Insurance Co. Ltd. (Investment Portfolio)
1.913 %
75,03,696 1.913 % 141 M ₹
List of BHARTI AIRTEL LIMITED shareholders

Holdings: Bharti Airtel Limited

NameEquities%Valuation
2,28,86,91,385 62.73% 10 934 M $
34,99,99,990 70% 7 090 M $
1,31,92,10,733 50% 6 142 M $
9,76,53,142 93.9% 608 M $
1,47,58,35,001 28.18% 340 M $
95,26,94,689 10.36% 92 M $

Company details: Bharti Airtel Limited

Bharti Airtel Ltd.

Bharti Crescent

110070, New Delhi

+91 11 4666 6100

http://www.airtel.in
address Bharti Airtel Limited(BHARTIARTL)

Group companies: Bharti Airtel Limited

NameCategory and Sector
Airtel Digital Ltd.
Wireless Telecommunications
Cable/Satellite TV
See all subsidiaries

Wireless Telecom

Change 5d. change 1-year change 3-years change Capi.($)
-0.96%-2.66%+22.24%+157.72% 13TCr
-0.14%+1.26%+13.42%+48.16% 6.58TCr
-2.89%-7.18%-21.50%-24.16% 1.99TCr
+1.96%+1.92%+73.88%+32.48% 1.97TCr
+0.42%+1.37%+21.70%-23.28% 1.95TCr
+1.80%+1.04%+21.34%+88.75% 1.37TCr
-4.34%-9.96%+1.91%+36.89% 1.26TCr
-1.71%+3.50%+37.93%+65.42% 1.19TCr
-0.44%+1.46%+1.35%+35.38% 1.04TCr
0.00%0.00%-8.87%-19.29% 980.76Cr
Average -0.65%-0.45%+16.34%+39.81% 3.16TCr
Weighted average by Cap. -0.65%-0.69%+18.94%+83.73%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
BB
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
35
Last Close Price
1,989.35INR
Average target price
2,336.62INR
Spread / Average Target
+17.46%
Consensus

Quarterly revenue - Rate of surprise

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