Bharti Airtel share price target 2023, 2024, 2025, and 2030: In this article, you will learn about Bharti Airtel share price target 2023, 2024, 2025, and 2030, along with the fundamentals and financials of the company.
For every investor, it is important to know about the company in which they are investing, to get the confidence to hold the stock for the long term. To make it clear to you, in this article we have mentioned Bharti Airtel share price target 2023, 2024, 2025, and 2030, along with the fundamentals of the company.
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Bharti Airtel Share Price Target 2023, 2024, 2025, and 2030: Company Profile
Bharti Airtel Limited is a leading global telecommunications company with operations in 18 countries across Asia and Africa. Headquartered in New Delhi, India, the company ranks amongst the top 3 mobile service providers globally in terms of subscribers. In India, the company’s product offerings include 2G, 3G, and 4G wireless services, mobile commerce, fixed line services, high-speed home broadband, DTH, and enterprise services including national & international long-distance services to carriers. In the rest of the geographies, it offers 2G, 3G, 4G wireless services, and mobile commerce. Bharti Airtel had over 403 million customers across its operations at the end of March 2019.
Business Divisions
Mobile Services
Bharti Airtel offers GSM mobile services in all the 22 telecom circles of India.
Home Services
Bharti Airtel offers fixed-line telephone and broadband services across 93 cities pan-India. Bharti Airtel product offerings include voice connectivity over fixed-line and high-speed broadband on copper & fiber with speeds up to 1 Gbps for your homes.
Airtel Business
Bharti Airtel is a leading and most trusted provider of ICT services in India and offers a diverse portfolio of services to enterprises, governments, carriers, and small and medium businesses. Along with voice, data, and video, Bharti Airtel services also include network integration, data centers, managed services, enterprise mobility applications, and digital media. We also offer global services in both voice and data including VAS services like International Toll-Free Services and SMS hubbing.
Digital TV Services
Bharti Airtel offers both standard and high definition (HD) digital TV services with 3D capabilities and Dolby surrounds sound. We currently offer a total of 635 channels including 80 HD channels, 5 international channels, and 3 interactive services.
Share Holding Pattern
Net Sales
Bharti Airtel Share Price Target 2023
The telecom sector provided key essential services to the nation during testing times, becoming a lifeline for the economy. This was despite the industry battling its own challenges, with regulatory dues on the back of unfavourable judiciary outcomes adding pressure on an already consolidated industry. Additionally, Indian telecom pricing remains among the lowest globally even post one round of tariff hikes and has amongst the highest data usage globally.
The industry continues to be hopeful that going forward the health of the sector will be protected through much-needed support from each of the stakeholders, thus keeping the interest of the operators intact. Bharti Airtel Limited ensured that even during the stringent lockdown and later during the unlock phases, it kept its customers and millions of people, homes, and businesses connected.
The Company announced special measures for its customers in form of extending pre-paid plans validity, providing additional talk time, facilitating digital recharges and adding alternate offline recharge channels. Network investments and broadband installation machinery were accelerated to cater to the increased pandemic-led surge in data demand. Similarly, the Company progressed in achieving a 5G ready network and became India’s first telecom player to successfully test, demonstrate and orchestrate a live 5G service over a commercial network in Hyderabad city.
Alongside serving the nation, Bharti Airtel accelerated the transition from just customer service to customer obsession. Given the exceptional execution capabilities and unrelenting customer focus, the Company saw very sharp traction across all lines of business and geographies. Post a year of industry repair initiative in form of tariff hikes, in FY 2020-21, the Company consolidated on the business momentum with a focus on winning quality customers through an exceptional experience while building an aspirational brand and wrapping everything through a digital omnichannel.
Building on key underlying strengths (Data, Distribution, Payments, and Networks), during the year, the Company launched multiple digital services. A digital flywheel comprising digital services is enabling the Company to be more efficient, create new revenue streams and build a powerful ecosystem of strong partners. The announcement of the new corporate structure has been another key step towards sharpening the focus on digital opportunity and value creation. Bharti Airtel share price target for 2023 is Rs 940.
| Bharti Airtel share price target 2023 |
| Rs 940 |
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Bharti Airtel Share Price Target 2024
India’s total telecom customer base stood at 1,187.90 million as of February 28, 2021. The Indian telecom industry has recently witnessed consolidation into three large private players, which has led to the accelerated absorption of multiple SIM users, leading, in turn, to a slowdown in the growth of the customer base.
In the current financial year, the total customer base grew marginally by 80 bps from 1,177.97 million as of March 31, 2020, while the teledensity remained nearly unchanged at 87.26% as of February 28, 2021, compared to 87.37% as of March 31, 2020. Among the service areas excluding metros, Himachal Pradesh has the highest teledensity (151.67%), followed by Kerala (129.99%), Punjab (124.28%), Tamil Nadu (106.58%), Andhra Pradesh (98.84%), Gujarat (98.16%), Haryana (94.54%), Jammu & Kashmir (88.39%).
Among the metros, Delhi tops with 277.27% teledensity. On the other hand, service areas, such as Bihar (52.98%), Uttar Pradesh (67.51%), Madhya Pradesh (67.82%), and Assam (70.11%), have comparatively low teledensity. The wireline customer base stood at 20.19 million at the end of February 28, 2021 vis-Ã -vis 20.22 million at the end of March 31, 2020.
The COVID-19 pandemic has contributed to a rapid acceleration of already existing macro trends across the 14 countries where it operates, with people, businesses, and governments seeking access to more and better connectivity and improved financial inclusion. These challenging times have shown that the telecom industry is a key and essential service for these economies, allowing customers to work remotely, reduce their travel, keep connected, and have access to affordable entertainment and financial services.
Further, notwithstanding the possible impacts of COVID-19, the industry continues to benefit from population growth and the need for increased connectivity and financial inclusion in the medium to long term in the countries where it operates. By considering all these factors, Bharti Airtel share price target for 2024 is Rs 1,160.
| Bharti Airtel share price target 2024 |
| Rs 1,160 |
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Bharti Airtel Share Price Target 2025
Airtel fortified its strong spectrum portfolio with the acquisition of 355.45 MHz spectrum across Sub GHz, mid-band, and 2300 MHz bands for a total consideration of `187,034 Mn in the latest spectrum auctions to serve the evolving needs of millions of customers in the rapidly digitising economy.
The Company continued to re-farm its 3G spectrum for 4G and modernize it for increasing 4G coverage and capacities, thereby providing its customers with an industry‑leading network experience. As of March 31, 2021, the Company had 321.4 million customers in India. Customer churn decreased to 2.0% for the current year, compared to 2.5% during the previous year. The minutes on the network have increased by 18.7% to 3,603 billion. The Company had 188.6 million data customers at the end of March 31, 2021, of which 179.3 million were mobile 4G customers. The increased penetration through bundles with high inbuilt data has also led to the total MBs on the network growing by 54.8% to 32,541 billion MBs.
The Company continues to expand its reach within the digital space. Wynk Music remains one of the top 3 music streaming services in India. The performance metric underlines the massive user preference for Wynk Music when it comes to consuming music on smartphones – it crossed 72.5 million monthly active users (MAU). Airtel Xstream, the video and LIVE TV streaming app from Airtel, crossed 37.5 million MAU, underlining its growing popularity amongst smartphone users as the go-to destination for digital content.
During the year, revenues increased by 20.9% to 555,677 million as compared to459,663 million in the previous year. On a recast basis, revenues increased by 26.1% to 519,510 million as compared to411,898 million in the previous year. The segment witnessed an increase in the EBITDA margin to 43.7% during the year, compared to 36.9% in the last year. The EBIT margin for the year increased to 5.9%, compared to (negative) 6.9% in the previous year.
The Company had 216,901 network towers, compared to 194,409 network towers in the last year. Mobile broadband (MBB) base stations numbered 606,783 at the end of the year, compared to 503,883 at the end of last year. By considering all the factors that telecom companies have to grow their business in the future, Bharti Airtel share price target for 2025 is Rs 1,340.
| Bharti Airtel share price target 2025 |
| Rs 1,340 |
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Bharti Airtel Share Price Target 2030
Airtel Business is India’s leading and most trusted ICT services provider offering a diverse portfolio of services to enterprises, governments, global carriers, OTT players, and small and medium businesses. Revenue in this segment comprises a) Enterprise and Corporates Fixed Line, Data and Voice businesses, and b) Global Business, which includes wholesale voice and data.
Global Business, the international arm of Airtel Business, offers an integrated suite of global and local connectivity solutions, spanning voice and data to the carriers, Telcos, OTTs, large multinationals, and content owners globally. Airtel’s international infrastructure includes seven owned subsea cables and capacity on 33 other cables across various geographies.
Its global network runs across 365,000+ Rkms (including IRU) with over 1,200 customers, covering 50 countries and five continents and 65 global PoPs (Point of presence). This is further interconnected to its domestic network in India and direct terrestrial cables to SAARC countries, Myanmar and China helping accelerate India’s emergence as a preferred transit hub.
Leveraging the direct presence of Airtel Mobile operations in 16 countries across Asia and Africa, the Global Business also offers mobile solutions (ITFS, signaling hubs, messaging), along with managed services and SatCom solutions. Global Business is also providing advanced consumers solutions like IoT to global customers.
During the year, the Company launched many new product offerings to expand its portfolio –5G-ready IoT platform to drive the enterprise business, Airtel Secure, Airtel [email protected] to enable employees to operate efficiently and securely from their homes with a range of connectivity options, Verizon and Airtel Partnership to bring secure Enterprise-Grade BlueJeans Video Conferencing to India, Airtel and AWS partnership to offer customers a range of AWS services, and Airtel IQ.
Airtel Business launched Customer Advisory Board with the objective of making its customers equal stakeholders in its product development journey. The Board will have representation from Airtel’s top enterprise customers cutting across a diverse set of industries/sectors.
This business vertical witnessed a year of growth led by a surge in global and domestic data revenues. Revenues for the year grew by 9% as compared to the previous year. The Company continued to focus on winning in the core business while building upon new revenue streams and emerging businesses in the areas of IoT, Security, and data centers. Bharti Airtel share price target for 2030 is Rs 3,450.
| Bharti Airtel share price target 2030 |
| Rs 3,450 |
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Bharti Airtel Share Price Target 2023, 2024, 2025, and 2030
| Year | Share Price Target |
|---|---|
| Bharti Airtel share price target 2023 | Rs 940 |
| Bharti Airtel share price target 2024 | Rs 1,160 |
| Bharti Airtel share price target 2025 | Rs 1,340 |
| Bharti Airtel share price target 2030 | Rs 3,450 |
Frequently Asked Questions
What is the target for Bharti Airtel share?
Bharti Airtel share price target for 2023 is Rs 940, Bharti Airtel share price target for 2024 is Rs 1,160, Bharti Airtel share price target for 2025 is Rs 1,340, and Bharti Airtel share price target for 2030 is Rs 3,450.
What is the share price of Bharti Airtel in 2025?
Bharti Airtel share price target for 2025 is Rs 1,340.
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