Bharti Hexacom Ltd
₹ 1,770
-1.04%
10 Jun
4:01 p.m.
About
IIncorporated in 1995, Bharti Hexacom Ltd provides consumer mobile services, fixed-
line telephone and broadband services in Rajasthan and Northeast telecom circles[1]
Key Points
- Market Cap ₹ 88,500 Cr.
- Current Price ₹ 1,770
- High / Low ₹ 1,938 / 1,030
- Stock P/E 66.1
- Book Value ₹ 119
- Dividend Yield 0.22 %
- ROCE 17.6 %
- ROE 25.4 %
- Face Value ₹ 5.00
Pros
- Company has delivered good profit growth of 35.3% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 24.4%
Cons
- Stock is trading at 14.9 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
3,614 | 3,874 | 4,602 | 5,405 | 6,579 | 7,089 | 8,548 | |
3,702 | 3,376 | 3,550 | 3,591 | 3,793 | 3,728 | 4,351 | |
Operating Profit | -89 | 499 | 1,052 | 1,814 | 2,786 | 3,361 | 4,197 |
OPM % | -2% | 13% | 23% | 34% | 42% | 47% | 49% |
222 | -2,158 | -240 | 2,040 | 140 | -54 | 394 | |
Interest | 248 | 526 | 517 | 572 | 639 | 644 | 688 |
Depreciation | 1,009 | 1,250 | 1,285 | 1,441 | 1,553 | 1,739 | 2,094 |
Profit before tax | -1,123 | -3,435 | -989 | 1,841 | 734 | 923 | 1,809 |
Tax % | -36% | -21% | 5% | 9% | 25% | 45% | 17% |
-722 | -2,716 | -1,034 | 1,675 | 549 | 504 | 1,494 | |
EPS in Rs | -28.88 | -108.66 | -41.36 | 66.98 | 21.97 | 10.09 | 29.87 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 40% | 33% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 17% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 35% |
3 Years: | 143% |
TTM: | 116% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 64% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 18% |
Last Year: | 25% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Equity Capital | 250 | 250 | 250 | 250 | 250 | 250 | 250 |
Reserves | 5,518 | 2,770 | 1,736 | 3,410 | 3,960 | 4,389 | 5,682 |
2,941 | 5,191 | 7,774 | 9,068 | 9,204 | 8,105 | 7,353 | |
2,632 | 7,224 | 5,244 | 3,945 | 4,840 | 5,774 | 5,966 | |
Total Liabilities | 11,341 | 15,435 | 15,004 | 16,674 | 18,253 | 18,517 | 19,251 |
9,226 | 9,874 | 10,304 | 10,234 | 11,174 | 13,615 | 14,733 | |
CWIP | 162 | 110 | 71 | 64 | 1,936 | 444 | 297 |
Investments | 0 | 625 | 0 | 49 | 1,046 | 238 | 74 |
1,952 | 4,825 | 4,629 | 6,328 | 4,097 | 4,220 | 4,147 | |
Total Assets | 11,341 | 15,435 | 15,004 | 16,674 | 18,253 | 18,517 | 19,251 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
493 | -316 | 1,517 | 1,258 | 5,108 | 3,546 | 4,583 | |
-1,166 | -1,076 | -882 | -1,382 | -2,031 | -1,155 | -2,341 | |
560 | 1,864 | -604 | 183 | -3,111 | -2,404 | -2,265 | |
Net Cash Flow | -114 | 473 | 30 | 59 | -34 | -13 | -23 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|
Debtor Days | 10 | 22 | 11 | 142 | 8 | 23 | 5 |
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 10 | 22 | 11 | 142 | 8 | 23 | 5 |
Working Capital Days | -135 | -317 | -219 | 27 | -136 | -154 | -142 |
ROCE % | -9% | -2% | 4% | 10% | 14% | 18% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
4 Jun - The Company will participate in investor conference(s) as per enclosed schedule.
-
Announcement under Regulation 30 (LODR)-Change in Management
30 May - Appointment of Vinayak Malpani as Circle Head – Commercial, Rajasthan effective June 1, 2025.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
25 May - Bharti Hexacom announces schedule for investor meetings from May 28 to June 3, 2025.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Annual Secretarial Compliance Report for FY 2024-25 confirming full regulatory compliance.
-
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
19 May - Bharti Airtel Q4 FY2025: 21% EBITDA growth, 48% India margin, 30,270 Cr capex, 135M 5G users, tower sale on hold.
Concalls
-
May 2025TranscriptPPT
-
Feb 2025TranscriptPPT
-
Nov 2024TranscriptPPT
-
Aug 2024TranscriptPPT
-
May 2024TranscriptPPT
Business Overview:[1][2]
BHL provides mobile telephony services in Rajasthan and Northeast circles in terms of Unified License (with Access Service Authorization) granted by the Department of Telecommunications, and Government of India. Company also provides fixed line and broadband services in Rajasthan. BHL is the 2nd-largest wireless mobile operator in these two circles, with a market share of 37.6% by subscribers in May 2024