Sunday, August 30, 2020

Bharti Airtel Ltd – Rising Revenue


Bharti Airtel Ltd  closes   at ₹523.55 with  a  Gain   of  +2.50 %   on    28-Aug-2020   with formation of  a  Green Candle    on Daily  Price Chart.
About the Company : Bharti Airtel Ltd is principally engaged in provision of telecommunication services in India.

Bharti Airtel Ltd  has posted Net Sales / Revenue   of ₹87539.00 & Net Loss   of -₹32183.20 Cr in FY2020 and expected to post Net Sales / Revenue   of ₹100728.10 Cr & Net Loss  of ₹12727.70 Cr in FY2021 and Net Sales / Revenue   of ₹113775.00 Cr & Net Profit of ₹8437.00 Cr in FY2022  and Net Sales / Revenue   of ₹113775.00 Cr & Net Profit of ₹8437.00 Cr in FY2022  and Net Sales / Revenue   of ₹128501.30  Cr & Net Profit of ₹13446.10 Cr in FY2022 .

Sector Update : The industry's revenue will grow at 14-15 per cent in FY21, led by some improvement in average revenue per user (ARPU).^ Source : Media Report

Valuations  : Since the Company has posted New Loss in FY2020 and expected to reduce it losses in FY2021, our model doesn’t value the Loss making cos. As the company is expected to post Priofit in FY2022 and FY2023, it is now Trading at X2.02 of its FY2022 earning and X1.27 of its FY2023 earnings.

Return on Equity (ROE) which is now -4.56 for FY2020 will improve to +17.10% by the FY2023.

The Fare Value of Equity Per Share is ₹259 for FY2022 and ₹413 for FY2023. A Decline in price will make it attractive (~27% fall to reach it FY23 fair value) for Long Term.

Disclaimer : We are / may going to take exposure shortly.

Join Us at   Telegram #   https://t.me/TheNiftyNext

Data Source | NSE Website | Screener.In  | Capital Line | Money Control |

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method. You can reach me/us at | Twitter # NiftyNext1 |  e-Mail : Mail@NiftyNext.Com  |  Tel +91 8802230836  |  Telegram # TheNiftyNext   |

No comments:

Post a Comment

Thanks for Your Valuable comments. It will make Us to Serve You in Better Way. For Any STOCKS Query ,Please Call NiftyNext +91 880 2230 836.

Subscribe to: Post Comments (Atom)

Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip. www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
We( WWW.NIFTYNEXT.COM) are not Registered with Any Regulatory Body in India ie SEBI,NSE,BSE,AMFI or Any Otheres.

Blog Archive