Financials Bharti Hexacom Limited

Equities

BHARTIHEXA

INE343G01021

Wireless Telecommunications Services

End-of-day quote NSE India S.E. 03:30:00 03/07/2024 am IST 5-day change 1st Jan Change
1,084 INR +0.34% Intraday chart for Bharti Hexacom Limited -6.63% 0.00%

Valuation

Fiscal Period: March 2024 2025 2026
Capitalization 1 5,41,950 - -
Enterprise Value (EV) 1 6,17,694 6,02,940 5,92,182
P/E ratio 117 x 41.6 x 29 x
Yield 0.14% 1.03% 1.52%
Capitalization / Revenue 7.7 x 6.41 x 5.57 x
EV / Revenue 8.78 x 7.13 x 6.08 x
EV / EBITDA 18.7 x 14.4 x 11.9 x
EV / FCF 53.5 x 28.4 x 26.6 x
FCF Yield 1.87% 3.52% 3.76%
Price to Book 11.8 x 9.97 x 8.33 x
Nbr of stocks (in thousands) 5,00,000 - -
Reference price 2 1,084 1,084 1,084
Announcement Date - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2023 2024 2025 2026
Net sales 1 - 70,888 84,610 97,326
EBITDA 1 - 34,905 41,930 49,876
EBIT 1 - 17,513 22,333 29,342
Operating Margin - 24.71% 26.4% 30.15%
Earnings before Tax (EBT) 1 - 9,233 17,440 24,974
Net income 1 5,492 5,044 13,053 18,693
Net margin - 7.12% 15.43% 19.21%
EPS 2 10.98 10.09 26.02 37.42
Free Cash Flow 1 - 14,984 21,243 22,274
FCF margin - 21.14% 25.11% 22.89%
FCF Conversion (EBITDA) - 42.93% 50.66% 44.66%
FCF Conversion (Net income) - 297.07% 162.74% 119.16%
Dividend per Share 2 - 4.000 11.13 16.43
Announcement Date 30/05/23 14/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2025 Q1
Net sales -
EBITDA 1 9,020
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 2,423
Net margin -
EPS 2 4.800
Dividend per Share -
Announcement Date -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2023 2024 2025 2026
Net Debt 1 - 77,927 60,991 50,232
Net Cash position 1 - - - -
Leverage (Debt/EBITDA) - 2.233 x 1.455 x 1.007 x
Free Cash Flow 1 - 14,984 21,243 22,275
ROE (net income / shareholders' equity) - 11.4% 25.7% 31.3%
ROA (Net income/ Total Assets) - - - -
Assets 1 - - - -
Book Value Per Share 2 - 92.80 109.0 130.0
Cash Flow per Share - - - -
Capex 1 - 20,477 18,103 20,750
Capex / Sales - 28.89% 21.4% 21.32%
Announcement Date 30/05/23 14/05/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
1,084 INR
Average target price
1,232 INR
Spread / Average Target
+13.71%
Consensus

Annual profits - Rate of surprise

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