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Bharti Infratel Ltd. Stock Analysis

Large Cap
Evaluated by 2801 users | BSE: 534816 | NSE: INFRATEL |
Telecommunication - Service Provider

Bharti Infratel Limited was incorporated on November 30, 2006 with the object of, inter-alia, setting up, operating and maintaining wireless communication towers. The Company is publicly traded on National Stock Exchange of India (NSE) and BSE Limited. The...

1. Right Stock
Very Good
2. Right Price
3. Right Time

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bharti Infratel Ltd. has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Value Creation
Value Creation Index Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 2.69%3.11%5.9%5.89%14.35%6.2%13.13%14.75%15.42%10.97%
Value Creation Index -0.73-0.69-0.41-0.410.44-0.380.310.480.540.10
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 2,8414,1584,4604,9995,3895,5586,0856,6186,8226,738
Y-o-Y Gr. Rt.-46.4%7.3%12.1%7.8%3.1%9.5%8.8%3.1%-1.2%
Adjusted EPS (Rs.) 2.032.555.065.4913.565.912.4313.4813.728.22
Y-o-Y Gr. Rt.-25.6%98.4%8.5%147%-56.5%110.7%8.5%1.8%-40.1%
Book Value per Share (Rs.) 78.7883.8192.8693.2694.5599.887.7995.8384.6575.02
Adjusted Net Profit 3534449561,0362,5671,1202,2992,4932,5381,521
Net Op. Cash Flow (Rs. Cr.) 1,4331,3222,2431,8161,7211,9801,9152,4712,0422,305
Debt to Cash Flow from Ops 0000000.15001.05
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Bharti Infratel Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 10.1%4.6%3.5%-1.2%
Adjusted EPS 16.8%-9.5%-12.9%-40.1%
Book Value per Share -0.5-4.5-5.1-11.4
Share Price - -10.5% -16.4% -9.4%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 2.573.115.95.8514.386.0713.0814.6815.210.3
Operating Profit Margin (%) 65.8739.2139.1541.5144.2944.7646.4347.5644.2552.79
Net Profit Margin (%) 12.4310.6721.4420.7347.6420.1537.7937.6737.222.57
Debt to Equity 0000000.02000.17
Working Capital Days 419382412328264188939191102
Cash Conversion Cycle -133-4922910-40-82-72-47
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 53.51%
Institutions 45.21%
Non-Institutions 1.28%
Others 0.01%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Bharti Infratel Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that Bharti Infratel Ltd. is a good quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Bharti Infratel Ltd.'s performance infers:

Bharti Infratel Ltd. earnings have declined by -9.5%, whereas share price has depreciated -10.5% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

Data is not available for this company

Bharti Infratel Limited was incorporated on November 30, 2006 with the object of, inter-alia, setting up, operating and maintaining wireless communication towers. The Company is publicly traded on National Stock Exchange of India (NSE) and BSE Limited. The company is a subsidiary of Bharti Airtel Limited.

  • Mid 90s & early-2000s: Infratel is a function within Airtel and is responsible for

    Bharti Infratel Limited was incorporated on November 30, 2006 with the object of, inter-alia, setting up, operating and maintaining wireless communication towers. The Company is publicly traded on National Stock Exchange of India (NSE) and BSE Limited. The company is a subsidiary of Bharti Airtel Limited.

    • Mid 90s & early-2000s: Infratel is a function within Airtel and is responsible for managing the tower infrastructure of Airtel's wireless business ('Tower Infrastructure' collectively refers to the Tower, the real-estate area in the tower site, the diesel generator sets, and the equipment shelter).
    • Early to mid-2000s: Airtel is at the forefront, of the Telecommunication revolution sweeping the country. More and more players enter the telecom business; reducing ARPUs increase pressure on operators to minimize capital investment and maximize reach in a short time.
    • July 2007: Bharti Infratel is created as an independent tower company to provide compelling capex saving opportunities to telecom service providers, while optimally utilising Airtel's large tower base.
    • November 2007: Indus Towers created as a Joint Venture between Bharti Infratel, Vodafone and Aditya Birla Telecom. Infratel has 42% stake in Indus.

    Business area of the company

    The company is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators.

    Awards

    2009:

    • In 2009, Bharti Infratel bagged the prestigious Essar Steel Infrastructure Excellence Award as 'Telecom Infrastructure Company of the Year' for its leadership in this field.

    2010:

    • Again, in 2010, Bharti Infratel was honoured with the Essar Steel Infrastructure Excellence Award as the 'Innovative Infrastructure Company of the Year', for its world-class service delivery, and for successfully deploying green energy initiatives. For this category, Infratel competed with some of the biggest infrastructure players having presence across sectors like Power, Roads & Highways, and Water.

    2011:

    • Bharti Infratel was awarded the 'Telecom Infrastructure Company of the Year' Award at the 2011 Infra Awards. The Dun & Bradstreet - Axis Bank Infra Awards recognise and felicitate India's leading Infrastructure Companies across four sectors of Construction, Ports, Power and Telecom. Infratel was recognised for its strong business leadership within its sector and world-class delivery.
    • The Confederation of Indian Industry (CII) conferred upon Bharti Infratel, the National Award for Excellence in Energy Management 2011 at the 12th Energy Efficiency Summit 2011. Infratel's GreenTowers P7 programme clinched the award as the 'Most Innovative Energy Saving Product / Service' adding on another prestigious accolade to this highly acclaimed landmark green energy initiative.
    • Bharti Infratel was honoured at the 2011 - CIO100 Awards platform, when it won the highly coveted GreenEdge Award out of the 100 nominations shortlisted for recognizing sustainable and eco-friendly efforts in developing breakthroughs in IT infrastructure and technology. Infratel's state-of-art Tower Operations Center was selected and lauded for its pioneering concept of remotely managing telecom tower infrastructure as well as presenting a unique example of 'Green IT Implementation'.
    • Infratel bagged the 'Green Mobile Award' at the 2011 GSMA Annual Global Mobile Awards - one of the most prestigious global awards in the mobile industry. It clinched this accolade for its ground-breaking P7 GreenTowers initiative, of adopting cleaner technologies for power generation across its wide telecom tower footprint. The GSMA award jury stamped the programme by calling it A great effort, one of the largest green power initiatives for mobile towers anywhere, helping prove the viability of green energy technologies on a large commercial scale.

    2012:

    • Bharti Infratel was conferred the CIO 100 Efficient Enterprise Special Awards 2012 for using information technology in innovative ways to deliver business value, create competitive advantage, optimize business processes and enable overall growth.
    • The company won the PCQUEST Best IT Implementation Of The Year Award 2012 for implementing Infratel Enterprise Suite (IES) that was designed to automate and align business processes within six value streams in the organization.
    • The company was awarded the 2012 - CNBC Essar Steel, Infrastructure Excellence Award as the ‘Telecom Infrastructure Company of the Year’.
    • Infratel won the globally coveted 2012 iCMG IT Architecture Award for its landmark end-to-end enterprise tool - Infratel Enterprise Suite. This first of its kinds IT platform within the telecom infrastructure industry, was awarded the Best Enterprise & IT Architecture Award in Telecom category, and was recognised for its intricate stack of technology platforms, integration with multiple applications and the significant cross-functional benefits which it has delivered. The category saw participation across 25 countries and over 100 global organisations.

    2013:

    • Dun & Bradstreet conferred upon Bharti Infratel, the Top Infrastructure Company Award under the Telecom Infrastructure Development category at the Dun & Bradstreet Infra Awards 2013, for the third year in a row. The Dun & Bradstreet Infra Awards recognise and felicitate India's Leading Infrastructure Companies that have delivered exemplary performance in their respective sectors.
    • Bharti Infratel and OMC Power's joint initiative in developing the RESCO (Renewable Energy Service Company) model and usage of Micropower plants for telecom tower infrastructure in rural communities was awarded the Consumer Service Innovation Award at Global Telecoms Business Innovation Awards 2013.
    • Bharti Infratel was conferred with ‘Amity Telecom Excellence Award’ for being the ‘Top Telecom Towers Company of the Year 2013’ by Amity Institute of Telecom Engineering and Management during the 10th Annual National Telecom Seminar ‘Telefocus’.

    2014:

    • Bharti Infratel was conferred with ‘Amity Telecom Excellence Award’ for being the ‘Top Telecom Tower Company of the Year 2014’ by Amity Institute of Telecom Engineering and Management during the 11th Annual National Telecom Seminar ‘Telefocus’.
    • Bharti Infratel was awarded the Top Infrastructure Company Award under the Telecom Infrastructure Development category at the Dun & Bradstreet Infra Awards 2014. The Infra Awards recognise and felicitate India's Leading Infrastructure Companies who have delivered exemplary performance.
    • Bharti Infratel has been conferred with ‘Global Business Excellence Award-2014’ for Outstanding Business category. Bharti Infratel was recognized as one of India’s largest telecom tower infrastructure providers that deploys, owns and manages telecom and communication towers for wireless operators.

    2015:

    • Bharti Infratel has been felicitated with the 'Top Telecom Tower Company of the Year 2015' award at Amity Telecom National Awards for Excellence. The award ceremony was a part of the 'Telecom Networks - Evolving from Hardware to Software' seminar which recognises the importance of innovation in the business of technology and communications. The seminar is also known to be a platform to discuss opportunities programs like Make in India and Digital India.
    • Bharti Infratel has won two awards under the Best Growing Infrastructure Company, and Telecom Infrastructure Development categories at the ‘Dun & Bradstreet Infra Awards 2015’.Bharti Infratel was recognised for its strong business leadership within its sector and its world-class service delivery. The Dun & Bradstreet Infra Awards recognize and felicitate India’s leading infrastructure companies who have delivered exemplary performances, under various verticals of infrastructure.
    • Bharti Infratel won 'Developer of the Year - Off Grid Projects' award at the 5th Global Solar EPC Summit 2015. The company was recognised for its pioneering efforts in expanding solar powered sites across India creating a positive impact on the environment by reducing carbon footprints.
    • Bharti Infratel has won the prestigious Firm of the Year Award 2015 in the Infrastructure Category at the ICICI Lombard & CNBC TV18 India Risk Management Awards. The awards felicitate companies with strong risk mitigation practices.

    2016:

    • Bharti Infratel has won Top Telecom Tower Company of the Year 2016 award at Amity Telecom National Awards for Excellence Telefocus. Amity Telecom National Awards for Excellence was organised at 14th Annual National Telecom Seminar in Delhi NCR. The theme of the seminar was to discuss the role of 'Internet of Things' and its potential impact on society.
    • Bharti Infratel was announced as the winner under the category Telecom Infrastructure Development by Dun & Bradstreet Infra Awards 2016. Dun & Bradstreet Infra Awards recognize and felicitate India’s leading infrastructure companies who have delivered exemplary performances, under various verticals of infrastructure. The esteemed panel of jury members at Dun & Bradstreet rigorously scrutinised each award application and recognised the ones with noteworthy contributions in the infrastructure sector.
    • Bharti Infratel has been recognised as the Best Infrastructure Brand of 2016, at The Economic Times Best Infrastructure Brands conference. The Economic Times Best Infrastructure Brands conference honours organisations with the exemplary track record in the infrastructure sector and those who have significantly contributed to India's economic growth story.
    • Bharti Infratel has won top honours for its best people practices at the 'Aon Hewitt Best Employers' 2016 Awards. Bharti Infratel has been adjudged as one of the 'Best Employers' in India for its culture theme of 'winning with customers' for the second year in a row. The Aon Hewitt Best Employers study is the most comprehensive study of its kind in the Asia Pacific Region. The study's research methodology involved a rigorous process and covered 113 companies across 12 industries, cumulatively employing approximately 950,000 employees.

    2017:

    • Bharti Infratel has been adjudged with D&B Infra Awards 2017 listings and publication for the year 2017.
    • Bharti Infratel was felicitated with Golden Peacock Award for Risk Management at The Singapore Global Convention.
    • Bharti Infratel has been recognised as one of the Best Employers 2017 by Aon Hewitt for the third time in a row. The Aon Best Employers India 2017 Study was done in partnership with Business Insider, People Matters in the HR editorial space and NDTV Prime.

    2018:

    • Bharti Infratel received the Responsible Business award at SABERA Summit and Awards organized on December 6, 2018 at Teen Murti Bhavan, Nehru Museum, New Delhi. The awards recognize and felicitate India's leading companies who have delivered excellence in building a sustainable future under various categories of social and business responsibility.
    • Bharti Infratel was awarded under the category Telecom Infrastructure Development by Dun & Bradstreet Infra Awards 2018 for contributing in building an India of Tomorrow.
    • Bharti Infratel received the ‘ET NOW CSR Leadership Award 2018’ for its efforts towards building an inclusive world, by supporting inclusion of differently abled people into the mainstream through the Bharti Infratel Scholarship Program, a CSR initiative being implemented in the North-east region of the country. It is an appreciation of efforts towards driving the agenda of inclusion through equal participation and access to opportunities through education for people with disabilities.

    2019:

    • Bharti Infratel was awarded under the category Telecom Equipment and Infra Services at Dun & Bradstreet Corporate Awards 2019 held in Mumbai on May 29, 2019.
    • Bharti Infratel has been awarded for the category Innovation in Telecom Infrastructure at the 9th edition of Aegis Graham Bell Awards hosted by the Government of Goa held on February 01, 2019 at Entertainment Society of Goa.
    • Bharti Infratel was adjudged with the coveted Golden Peacock Award for Corporate Social Responsibility by Institute of Directors at Hotel Taj Lands End, Mumbai (India) on January 17, 2019.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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