bharti airtel

bharti airtel limited is a leading global telecommunications company with operations in 19 countries across Asia and Africa. The company offers mobile voice & data services, fixed line, high speed broadband, IPTV, DTH, turnkey telecom solutions for enterprises and national & international long distance services to carriers. bharti airtel has been ranked among the six best performing technology companies in the world by business week. bharti airtel had 200 million customers across its operations.

Highlights
Airtel dedicates 4th Airtel Delhi Half Marathon to Friends 2011 FORMULA 1 AIRTEL GRAND PRIX OF INDIA set to flag off Indias Formula 1 Bharti Airtel announces two new CEOs for Consumer Business Group Bharti Airtel announces its first quarter ended June 30, 2011 on August 3, 2011 Bharti Airtel to announce its results for first quarter ended June 30, 2011 on August 03 2011 (Wednesday)
TM

dreams

our vision & promise

By 2015 airtel will be the most loved brand, enriching the lives of millions. Enriching lives means putting the customer at the heart of everything we do. We will meet their needs based on our deep understanding of their ambitions, wherever they are. By having this focus we will enrich our own lives and those of our other key stakeholders. Only then will we be thought of as exciting, innovation, on their side and a truly world class company."
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Name Bharti Airtel Limited. business description Provides GSM mobile services in all the 22 telecom circles in India, Srilanka, Bangladesh and now in 16 countries of Africa. Provides telemedia services (fixed line and broadband services through DSL) in 87 cities in India. Provides an integrated suite of Enterprise solutions, in addition to providing long distance connectivity both Nationally and Internationally. We also offer DTH and IPTV Services Established July 07, 1995, as a Public Limited Company ISIN INE397D01024 proportionate revenue Rs. 169,749 million (ended June 30, 2011-Audited) Rs. 122,438 million ( ended June 30, 2010-Audited) As per IFRS Accounts proportionate EBITDA Rs. 57,058 million ( ended June 30, 2011 - Audited) Rs. 44,456 million ( ended June 30, 2010 - Audited) As per IFRS Accounts shares in issue 3,797,530,096 as at June 30, 2011 Listings Bombay Stock Exchange Limited (BSE) National Stock Exchange of India Limited (NSE) stock exchange symbol NSE BHARTIARTL BSE 532454 customer base India & South Asia: 174,941,000 GSM mobile, 3,322,000 Telemedia customers and 6,262,000 Digital TV Services (status as on June 30, 2011) Africa: 46,306,000 GSM mobile customers. (status as on June 30, 2011)

registered office Bharti Airtel Limited (A Bharti Enterprise) Bharti Crescent, 1 Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi - 110 070. Tel. No.: +91 11 4666 6100 Fax No.: +91 11 4666 6411

Awards and recog

airtel has won the Most Preferred Cellular Service Provider Brand award at the CNBC Awaaz Consumer Awards in Mumbai. This is 6th year in a row that airtel has won the award in this category. This year, the awards were based on an exhaustive consumer survey done by The Nielsen Company. Over 3,000 consumers, spanning 19 cities and 16 states in India, rated brands across different categories to choose brands which delivered true value for money. bharti airtel has received the prestigious Businessworld-FICCI-SEDF Corporate Social Responsibility Award 2009-2010. The FICCI Socio Economic Development Foundation (FICCI-SEDF) and Businessworld CSR award was instituted in 1999 to recognize exemplary responsible business practices by the Indian industry.
Market Cap * Book Value Market Lot 146527.7 115.42 1000 * EPS (TTM) 19.01 * Price/Book Face Value 3.34 5.00 * P/E Div(%) Industry P/E 20.30 20.00% 20.99 * P/C 12.84 * Div Yield(%) 0.26

BSE
Open Day High Day Low Previous Close 52-Week high 52-Week low P/E Market Cap (Rs cr) Volume 391.55 391.55 382.20 387.10 444.70 304.00 26.26 146527.31 185280.00

NSE
388.80 389.80 381.65 387.10 447.85 303.40 26.25 146508.32 N/A

BSE: 532454 | NSE: BHARTIARTL

Profit & Loss account

------------------- in Rs. Cr. -------------------

Bharti Airtel
Mar '11 12 mths Income Sales Turnover Excise Duty Net Sales Other Income Stock Adjustments Total Income Expenditure Raw Materials Power & Fuel Cost Employee Cost Other Manufacturing Expenses Selling and Admin Expenses Miscellaneous Expenses Preoperative Exp Capitalised Total Expenses 38,015.80 0.00 38,015.80 218.20 7.20 38,241.20 251.30 0.00 1,304.50 14,204.20 8,137.70 699.60 0.00 24,597.30 Mar '11 12 mths Operating Profit PBDIT Interest PBDT Depreciation Other Written Off Profit Before Tax Extra-ordinary items PBT (Post Extra-ord Items) Tax Reported Net Profit Total Value Addition Preference Dividend Equity Dividend Corporate Dividend Tax Per share data (annualised) Shares in issue (lakhs) Earning Per Share (Rs) Equity Dividend (%) Book Value (Rs) 13,425.70 13,643.90 296.70 13,347.20 4,193.70 417.90 8,735.60 11.80 8,747.40 1,007.60 7,716.90 24,346.00 0.00 379.80 60.10 37,975.30 20.32 20.00 115.42 35,609.54 0.00 35,609.54 1,118.46 -34.91 36,693.09 278.72 0.00 1,401.66 11,882.41 6,856.42 1,482.39 -293.31 21,608.29 Mar '10 12 mths 13,966.34 15,084.80 283.35 14,801.45 3,890.08 207.84 10,703.53 -50.78 10,652.75 1,177.87 9,426.15 21,329.56 0.00 379.79 64.55 37,975.30 24.82 20.00 96.24 34,048.32 0.00 34,048.32 -1,261.75 5.29 32,791.86 286.94 0.00 1,397.54 8,627.13 9,385.68 1,409.89 -269.25 20,837.93 Mar '09 12 mths 13,215.68 11,953.93 434.16 11,519.77 3,206.28 178.82 8,134.67 -46.15 8,088.52 321.78 7,743.84 20,551.00 0.00 379.65 64.52 18,982.40 40.79 20.00 145.01 Mar '10 12 mths Mar '09 12 mths

Previous Years

Mar '08 12 mths

Mar '07 12 mths

25,761.11 0.00 25,761.11 104.04 9.05 25,874.20 42.90 0.00 1,297.88 7,339.01 5,892.50 535.46 0.00 15,107.75 Mar '08 12 mths 10,662.41 10,766.45 393.43 10,373.02 3,166.58 266.07 6,940.37 -60.67 6,879.70 632.43 6,244.19 15,064.84 0.00 0.00 0.00 18,979.07 32.90 0.00 106.34

17,851.61 0.00 17,851.61 105.62 30.07 17,987.30 52.16 0.00 1,076.95 5,017.27 4,030.48 444.28 0.00 10,621.14 Mar '07 12 mths 7,260.54 7,366.16 282.07 7,084.09 2,353.30 137.80 4,592.99 9.92 4,602.91 566.79 4,033.23 10,568.98 0.00 0.00 0.00 18,959.34 21.27 0.00 60.19

Bharti Airtel
Key Financial Ratios

Previous Years

------------------- in Rs. Cr. -------------------

Mar '11 Investment Valuation Ratios Face Value Dividend Per Share Operating Profit Per Share (Rs) Net Operating Profit Per Share (Rs) Free Reserves Per Share (Rs) Bonus in Equity Capital Profitability Ratios Operating Profit Margin(%) Profit Before Interest And Tax Margin(%) Gross Profit Margin(%) Cash Profit Margin(%) Adjusted Cash Margin(%) Net Profit Margin(%) Adjusted Net Profit Margin(%) Return On Capital Employed(%) Return On Net Worth(%) Adjusted Return on Net Worth(%) Return on Assets Excluding Revaluations Return on Assets Including Revaluations Return on Long Term Funds(%) Liquidity And Solvency Ratios Current Ratio Quick Ratio Debt Equity Ratio Long Term Debt Equity Ratio Debt Coverage Ratios Interest Cover Total Debt to Owners Fund Financial Charges Coverage Ratio Financial Charges Coverage Ratio Post Tax Management Efficiency Ratios Inventory Turnover Ratio Debtors Turnover Ratio Investments Turnover Ratio Fixed Assets Turnover Ratio Total Assets Turnover Ratio 5.00 1.00 35.29 100.11 103.84 82.49 35.25 24.12 24.22 32.10 32.10 20.21 20.21 15.97 17.60 17.43 115.42 115.43 16.89 0.70 0.77 0.27 0.21 80.09 0.27 45.69 42.55

Mar '10

Mar '09

Mar '08

Mar '07

5.00 1.00 36.65 93.77 84.64 82.49 39.08 28.04 28.15 35.25 35.25 26.36 26.36 23.86 25.79 23.27 96.24 96.25 24.36 0.70 0.67 0.14 0.12 85.82 0.14 49.64 48.73

10.00 2.00 69.50 179.37 121.78 82.51 38.74 29.12 29.33 36.96 36.96 22.58 22.58 28.40 28.13 33.74 145.01 145.02 29.01 0.69 0.65 0.28 0.26 46.28 0.28 30.93 26.63

10.00 -56.16 135.73 83.18 82.53 41.37 28.78 29.08 38.03 38.03 23.99 23.99 27.95 30.94 32.04 106.34 106.35 28.52 0.57 0.55 0.33 0.30 34.38 0.33 27.77 25.60

10.00 -38.28 94.16 49.88 82.61 40.65 27.31 27.47 36.26 36.26 22.46 22.46 29.06 35.35 35.23 60.17 60.18 29.83 0.47 0.47 0.47 0.43 23.45 0.47 26.09 24.13

1,105.11 16.97 1,105.11 0.82 0.93

1,307.05 15.30 1,307.05 0.88 0.93

547.83 12.78 547.83 1.00 1.06

453.06 12.28 453.06 1.03 1.09

373.35 14.31 373.35 0.75 1.27

Asset Turnover Ratio Average Raw Material Holding Average Finished Goods Held Number of Days In Working Capital Profit & Loss Account Ratios Material Cost Composition Imported Composition of Raw Materials Consumed Selling Distribution Cost Composition Expenses as Composition of Total Sales Cash Flow Indicator Ratios Dividend Payout Ratio Net Profit Dividend Payout Ratio Cash Profit Earning Retention Ratio Cash Earning Retention Ratio AdjustedCash Flow Times

0.82 -0.47 -28.43 0.66 -8.36 4.77

0.88 -0.41 -36.57 0.78 -6.75 5.03

1.00 -0.98 -42.30 0.84 -6.49 5.31

1.03 -1.18 -82.77 0.16 -7.15 6.00

0.75 -1.36 -113.65 0.29 -6.30 8.82

5.70 3.56 94.25 96.41 0.97 Mar '11

4.71 3.28 94.78 96.48 0.40 Mar '10 24.82 96.24

5.73 3.99 95.22 96.50 0.61 Mar '09 40.79 145.01

--100.00 100.00 0.66 Mar '08 32.90 106.34

--100.00 100.00 0.82 Mar '07 21.27 60.19

Earnings Per Share Book Value

20.32 115.42

Capital Structure (Bharti Airtel) Period From 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 To 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Equity Share Instrument Authorized Capital
(Rs. cr)

Issued Capital
(Rs. cr)

-PAIDUPShares (nos) 3797530096 3797530096 1898239796 189790744 6 1895934157 1893879304 1853366767 1853366767 1853366767 1853366767 106235060 Face Value 5 5 10 10 10 10 10 10 10 10 10 Capital 1898.77 1898.77 1898.24 1897.91 1895.93 1893.88 1853.37 1853.37 1853.37 1853.37 106.24

2500 2500 2500 2500 2500 2500 2500 2500 2500 2500 110

1898.77 1898.77 1898.24 1897.91 1895.93 1893.88 1853.37 1853.37 1853.37 1853.37 106.24

Company Background - Bharti Airtel Industry Name House Name Collaborative Country Name Joint Sector Name Year Of Incorporation Year Of Commercial Production Regd. Office Address District State Pin Code Tel. No. Fax No. Email : compliance.officer@bharti.in Bharti Cresent,, 1, Nelson Mandela Road, New Delhi Delhi 110070 011-46666100,011-46666500 011-46666137,011-41666149 Internet : http://www.airtel.com Telecommunications Service Bharti Group N.A. N.A. 1995 N.A.

Auditors S R Batliboi & Associates Registrars Name Karvy Computershare Private Ltd

Company Status N.A.

Address Plot No.17-24, Vittalrao Nagar, Madhapur, Hyderabad - 500081, Andhra Pradesh Tel. No. : 040-23420815, 23420816, 23420817, 23420818 Email : einward.ris@karvy.com Fax No. : 040-23420814 Internet : http://www.karvy.com

History Sunil Bharti Mittal founded the Bharti Group. In 1983, Sunil Mittal was into an agreement with Germany's Siemens to manufacture the company's push-button telephone models for the Indian market. In 1986, Sunil Bharti Mittal incorporated Bharti Telecom Limited (BTL) and his company became the first in India to offer push-button telephones, establishing the basis of Bharti Enterprises. This firstmover advantage allowed Sunil Mittal to expand his manufacturing capacity elsewhere in the telecommunications market. By the early 1990s, Sunil Mittal had also launched the country's first fax machines and its first cordless telephones. In 1992, Sunil Mittal won a bid to build a cellular phone network in Delhi. In 1995, Sunil Mittal incorporated the cellular operations as Bharti Tele-Ventures and launched service in Delhi. In 1996, cellular service was extended to Himachal Pradesh. In 1999, Bharti Enterprises acquired control of JT Holdings, and extended cellular operations to Karnataka and Andhra Pradesh. In 2000, Bharti acquired control of Skycell Communications, in Chennai. In 2001, the company acquired control of Spice Cell in Calcutta. Bharti Enterprises went public in 2002, and the company was listed on Bombay Stock Exchange and National Stock Exchange of India. In 2003, the cellular phone operations were rebranded under the single Airtel brand. In 2004, Bharti acquired control of Hexacom and entered Rajasthan. In 2005, Bharti extended its network to Andaman and Nicobar.'2009, Airtel launched its first international mobile network in Sri Lanka. In 2010, Airtel began operating in Bangladesh.[citation needed] Today, Airtel is the largest cellular service provider in India and fifth largest in the world.[citation needed]
[edit]

Key drivers
Bharti Airtel, one of the leading emerging markets' telcos, has recently announced youth specific pack and activities in Gujarat. The 'Youth Pack' comes loaded with Tariff & VAS benefits. From Night calling to FM radio to SMS & GPRS offerings, the product has everything bundled together to the liking of today's youth. The fully loaded youth pack has Night Calling for which an Airtel customer can call Local Airtel to Airtel at just 1 for 20 minutes, 200 SMS Free per day for 365 days, 200 MB surfing free for 7 days, Free Voice Blog where an Airtel customer can interact with celebrities like Lara Dutta, Mirchi Mobile where an Airtel customer can listen to Radio Mirchi FM from any part of the country, Love Tips, 2 free action packed games, Friends Chat etc. All the services are activated within 24 Hrs. of activation for 30 days.

CONCLUSION The conclusion of my study is that AIRTELs Advertising has a major impact its users. People like its schemes very much .AIRTEL had created avery good image on the mind of the new users of cellular service. AIRTELhas adopted a very good strategy by providing a new connection with NOKIA who is market leader in mobile set, many new users buy Nokia setsand they get a free connection of AIRTEL. AIRTEL is successful incapturing the highest market share by adopting Celebrity EndorsementStrategy. A.R. Rehmaans tune for AIRTEL worked as free advertising for AIRTEL as another service user uses it too. Other celebrities like ShahrukhKhan (bollywood) and Sachin Tendulkar (Cricket) has also contributed verymuch in AIRTEL

Chairman's SpeechPrint
Mar2009

Mar 2010

The past one year has been a truly momentous one for your Company. Not only have we excelled in reiterating our leadership in the domestic market but also embarked upon an exciting journey into the global telecom space. After fifteen years of successful operation and an impressive presence across the South Asian region, Bharti Airtel is truly on the cusp of a huge transformation, and ready to move to the next level.

As a conscious strategy, we have decided to focus on the emerging markets of Asia and Africa. We believe these markets will continue to be the growth engines of the telecom world.

With its billion plus population, vast natural resources and a tele-density of less than 30%, I firmly believe, Africa is going to be a market for the future and the next growth engine of the global economy. As a first step, we have successfully completed the acquisition of Zain Africa BVs operations in 15 countries having 42 mn customers for an enterprise value of USD 10.7 bn. In view of the tremendous future potential of these markets and Zains leadership position therein, we consider this a game changing acquisition. This has catapulted us to the league of leading mobile operators in the world. With a total customer base of more than 185 mn, we are within striking distance to be among the top three operators in the world by 2015.

Closer home, we have further strengthened our presence in the South Asian region. After our successful foray into Sri Lanka last year, we entered the Bangladesh market during the year by acquiring a majority stake in Warid Telecom. Brand Airtel has been well received in Sri Lanka, where the Company became the fastest growing telecom operator to cross one million customer mark within the first six months of operation. We will soon be launching the Airtel brand in Bangladesh and Africa

Bharti Airtel
Balance Sheet Mar '11

Previous Years

------------------- in Rs. Cr. ------------------Mar '10 Mar '09 Mar '08 Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

Sources Of Funds Total Share Capital Equity Share Capital Share Application Money Preference Share Capital Reserves Revaluation Reserves Networth Secured Loans Unsecured Loans Total Debt Total Liabilities 1,898.80 1,898.80 278.60 0.00 41,932.10 2.10 44,111.60 17.10 11,880.40 11,897.50 56,009.10 Mar '11 1,898.77 1,898.77 186.09 0.00 34,650.19 2.13 36,737.18 39.43 4,999.49 5,038.92 41,776.10 Mar '10 1,898.24 1,898.24 116.22 0.00 25,627.38 2.13 27,643.97 51.73 7,661.92 7,713.65 35,357.62 Mar '09 1,897.91 1,897.91 57.63 0.00 18,283.82 2.13 20,241.49 52.42 6,517.92 6,570.34 26,811.83 Mar '08 1,895.93 1,895.93 30.00 0.00 9,515.21 2.13 11,443.27 266.45 5,044.36 5,310.81 16,754.08 Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

Application Of Funds Gross Block Less: Accum. Depreciation Net Block 61,437.50 20,736.70 40,700.80 44,212.53 16,187.56 28,024.97 37,266.70 12,253.34 25,013.36 28,115.65 9,085.00 19,030.65 26,509.93 7,204.30 19,305.63

Capital Work in Progress Investments Inventories Sundry Debtors Cash and Bank Balance Total Current Assets Loans and Advances Fixed Deposits Total CA, Loans & Advances Deffered Credit Current Liabilities Provisions Total CL & Provisions Net Current Assets Miscellaneous Expenses Total Assets

6,497.60 11,813.00 34.40 2,375.80 126.60 2,536.80 11,186.10 7.20 13,730.10 0.00 16,104.80 627.60 16,732.40 -3,002.30 0.00 56,009.10

1,594.74 15,773.32 27.24 2,104.98 54.89 2,187.11 7,072.42 761.86 10,021.39 0.00 12,979.55 658.75 13,638.30 -3,616.91 0.00 41,776.12

2,566.67 11,777.76 62.15 2,550.05 153.44 2,765.64 5,602.83 2,098.16 10,466.63 0.00 13,832.49 634.40 14,466.89 -4,000.26 0.09 35,357.62

2,751.08 10,952.85 56.86 2,776.46 200.86 3,034.18 5,103.13 302.08 8,439.39 0.00 12,400.38 1,961.95 14,362.33 -5,922.94 0.20 26,811.84

2,375.82 705.82 47.81 1,418.52 239.11 1,705.44 3,160.02 541.35 5,406.81 0.00 9,809.83 1,232.84 11,042.67 -5,635.86 2.66 16,754.07

Contingent Liabilities Book Value (Rs)

49,771.40 115.42

3,921.50 96.24

4,104.25 145.01

7,140.59 106.34

7,615.04 60.19