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| Name of Company | Bharti Airtel Ltd |
| BSE Code | 532454 |
| NSE Code |
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| ICICI Code | |
| Established | 1995 |
| My Take | Like |
| Headquarters | New Delhi |
| Promoters | Sunil Bharti Mittal |
| Story | Bharti story is more interesting because of the story of Sunil Mittal – who rose from a middle class Punjabi household to a enviable position in India today. Started operations on Sri Lanka and acquired controlling stake in Zain to enter Africa. |
| Sector | Telecom |
| Sub-sector | Telecom Service provider, broadband, IPTV, DTH |
| Website | |
| Positives | P/E is 8.6 times at today's price when compared to 75 times for Reliance – a worth a lot more as well. 67% promoter holdings. 18% FII's and 8% DII's. 1 lakh crore of market capital for a company with 20-25% NPM and good acquisitions. Low debt company until now. The Zain debt was at around 2% interest rate. |
| Negatives | The Zain debt is huge (9 bi dollar) with a repayment plan of 2 years. The 3G auction costs are huge and that would cost its books for the short term. |
| Peers | Idea Cellular, Reliance Comm, MTNL, Tata Tele |
| News | |
| Price @ blogged | 275 (Jun-13-2010) |
Jun 13, 2010
Bharti Airtel Ltd - 532454
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