Is Bharti Hexacom a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Bharti Hexacom Ltd is a good quality company .

Is Bharti Hexacom undervalued or overvalued?

The key valuation ratios of Bharti Hexacom Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Bharti Hexacom share price return in the past 10 years?

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The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Bharti Hexacom Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

Bharti Hexacom Ltd - Stock Valuation and Financial Performance

Name: Bharti Hexacom
Brand: Bharti Hexacom

BSE: 544162 | NSE: BHARTIHEXA | Telecommunication - Service Provider | Mid Cap

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Bharti Hexacom Ltd. Share Price

₹1,201 -3.15 -0.26%
as on 06-Sep'24 16:01

10 Year X-Ray of Bharti Hexacom Ltd.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	29.6%	22.9%	14%	-0.5%	-10.1%	-34.4%	-5.3%	25.6%	12.9%	15.7%	-
Value Creation Index ⓘ	1.6	1.0	0.3	-1.0	-1.9	-4.1	-1.5	1.3	0.1	0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	4,700	5,189	5,126	4,408	3,614	3,874	4,602	5,405	6,579	7,089	7,089
Sales YoY Gr.	-	10.4%	-1.2%	-14%	-18%	7.2%	18.8%	17.5%	21.7%	7.8%	-
Adj EPS ⓘ	16.5	21	13.8	-2.3	-15.9	-23.7	-16.6	6.2	10.6	13.7	10.1
YoY Gr.	-	26.9%	-34.2%	-116.7%	NA	NA	NA	NA	72%	29.9%	-
BVPS (₹) ⓘ	104.6	125.1	133.7	129.8	115.4	60.4	39.7	73.2	84.2	92.8	187.8
Adj Net Profit ⓘ	826	1,047	689	-115	-797	-1,185	-828	308	529	687	505
Cash Flow from Ops. ⓘ	1,208	1,511	1,516	988	493	-316	1,517	1,258	5,108	3,546	-
Debt/CF from Ops. ⓘ	1.3	0.6	0	2.2	6	-16.4	3.9	5.7	1.2	1.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.7%	14.4%	15.5%	7.8%
Adj EPS ⓘ	-2%	NA	NA	29.9%
BVPSⓘ	-1.3%	-4.3%	32.7%	10.2%
Share Price	-	-	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	17.4	18.2	10.7	-1.7	-13	-27	-33.1	10.9	13.4	15.5	7.2
Op. Profit Mgn % ⓘ	36.4	41	38.1	17.5	0.5	12.3	22.9	33.5	42.3	47.4	46.6
Net Profit Mgn % ⓘ	17.6	20.2	13.5	-2.6	-22.1	-30.6	-18	5.7	8	9.7	7.1
Debt to Equity ⓘ	0.3	0.2	0	0.3	0.5	1.7	3	2	1.5	1	-
Working Cap Days ⓘ	232	339	176	70	136	230	270	294	236	168	67
Cash Conv. Cycle ⓘ	-37	-44	-54	-58	-84	-114	-143	-63	-42	-86	-104

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.49%

Return on Equity has declined versus last 3 years average to 7.20%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 1.04

Sales growth is not so good in last 4 quarters at 5.36%

Latest Financials - Bharti Hexacom Ltd.

	Standalone	Consolidated
TTM EPS (₹)	10.1	-
TTM Sales (₹ Cr.)	7,089	-
BVPS (₹.) ⓘ	187.8	-
Reserves (₹ Cr.) ⓘ	9,137	-
P/BV ⓘ	6.38	-
PE ⓘ	118.80	-

From the Market
52 Week Low / High (₹)	755.20 / 1368.85
All Time Low / High (₹)	755.20 / 1368.85
Market Cap (₹ Cr.)	59,923
Equity (₹ Cr.)	250
Face Value (₹)	5
Industry PE ⓘ	82.6

Management X-Ray of Bharti Hexacom Ltd.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Bharti Hexacom Ltd.

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Bharti Hexacom Ltd.

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	4,700	5,189	5,126	4,408	3,614	3,874	4,602	5,405	6,579	7,089
Operating Expenses ⓘ	2,998	3,069	3,178	3,641	3,599	3,399	3,550	3,596	3,793	3,728
Manufacturing Costs	2,177	2,575	2,713	3,221	3,189	3,093	3,211	3,191	3,203	3,083
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	77	94	90	83	68	62	76	76	90	105
Other Costs ⓘ	743	399	375	337	343	245	262	329	501	539
Operating Profit ⓘ	1,703	2,120	1,948	768	15	475	1,052	1,809	2,786	3,361
Operating Profit Margin (%)	36.2%	40.9%	38.0%	17.4%	0.4%	12.3%	22.9%	33.5%	42.3%	47.4%
Other Income ⓘ	382	9	14	67	14	53	149	94	140	249
Interest ⓘ	11	41	94	135	248	526	564	572	639	644
Depreciation ⓘ	460	516	851	869	1,009	1,250	1,285	1,441	1,553	1,739
Exceptional Items ⓘ	0	-20	-38	-8	105	-2,187	-342	1,951	0	-303
Profit Before Tax ⓘ	1,613	1,552	980	-176	-1,123	-3,435	-989	1,841	734	923
Tax ⓘ	534	523	319	-64	-401	-718	45	167	185	419
Profit After Tax	1,079	1,029	660	-112	-722	-2,717	-1,034	1,675	549	504
PAT Margin (%)	23.0%	19.8%	12.9%	-2.5%	-20.0%	-70.1%	-22.5%	31.0%	8.3%	7.1%
Adjusted EPS (₹)	21.6	20.6	13.2	-2.2	-14.4	-54.3	-20.7	33.5	11.0	10.1
Dividend Payout Ratio (%)	8%	19%	35%	-61%	0%	0%	0%	0%	14%	40%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	5,229	6,255	6,683	6,489	5,768	3,020	1,986	3,661	4,210	4,639
Share Capital ⓘ	250	250	250	250	250	250	250	250	250	250
Reserves ⓘ	4,979	6,005	6,433	6,239	5,518	2,770	1,736	3,411	3,960	4,389
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	1,385	781	1,279	2,039	2,653	5,041	5,944	7,198	4,733	2,793
Long Term Debt	480	747	176	88	0	1,045	3,693	4,808	4,730	2,792
Short Term Debt	905	34	1,104	1,951	2,653	3,996	2,251	2,391	3	0
Trade Payables	353	658	740	981	1,380	1,838	2,224	1,495	1,441	1,485
Others Liabilities ⓘ	1,150	735	942	756	1,145	4,375	3,733	3,373	7,107	8,743
Total Liabilities ⓘ	8,117	8,428	9,645	10,265	10,946	14,273	13,887	15,727	17,490	17,660
Fixed Assets
Gross Block	5,420	7,143	12,257	13,405	14,872	16,401	17,819	18,748	20,571	23,788
Accumulated Depreciation	2,812	3,249	3,949	4,722	5,646	6,527	7,515	8,514	9,397	10,173
Net Fixed Assetsⓘ	2,607	3,893	8,308	8,683	9,226	9,874	10,304	10,234	11,174	13,615
CWIP ⓘ	255	134	0	311	162	110	71	64	1,936	445
Investmentsⓘ	0	0	0	0	0	625	0	49	1,046	238
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	117	160	185	151	100	228	143	2,096	149	445
Cash Equivalents	3	7	96	106	31	307	59	121	89	74
Others Assetsⓘ	5,134	4,234	1,056	1,013	1,427	3,129	3,310	3,164	3,096	2,844
Total Assets ⓘ	8,117	8,428	9,645	10,265	10,946	14,273	13,887	15,727	17,490	17,660

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	1,208	1,511	1,516	988	493	-316	1,517	1,258	5,108	3,546
PBT ⓘ	1,613	1,552	980	-176	-1,123	-3,435	-989	1,841	734	923
Adjustment ⓘ	94	569	990	1,010	1,205	3,915	2,141	2,031	2,196	2,571
Changes in Working Capital ⓘ	-46	10	-161	156	498	-774	399	-2599	2198	70
Tax Paid ⓘ	-453	-620	-292	-2	-87	-22	-34	-15	-20	-17
Cash Flow From Investing Activity ⓘ	-2,673	-694	-1,644	-1,488	-1,166	-1,076	-883	-1,383	-2,031	-1,155
Capex	-5,150	-697	-1,650	-1,532	-1,167	-461	-1,453	-1,334	-939	-2,048
Net Investments	2,470	0	0	0	0	-619	649	-47	-968	851
Others ⓘ	7	3	6	43	2	4	-78	-2	-124	42
Cash Flow From Financing Activityⓘ	1,445	-841	5	288	560	1,864	-604	183	-3,111	-2,404
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	599	-609	-552	-259	750	1,332	2,063	922	-2,440	-1,500
Interest Paid ⓘ	-1	-124	-87	-103	-216	-307	-341	-282	-386	-536
Dividend Paid ⓘ	-50	-108	-232	-82	0	0	0	0	0	-75
Others ⓘ	897	0	875	732	25	840	-2,327	-456	-286	-293
Net Cash Flow ⓘ	-19	-24	-123	-212	-114	473	31	59	-34	-13

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	22.75	17.92	10.2	-1.7	-11.78	-61.83	-41.31	59.31	13.96	11.4
ROCE (%)	29.55	22.9	14.03	-0.5	-10.1	-34.38	-5.26	25.64	12.87	15.71
Asset Turnover Ratio	0.7	0.63	0.57	0.44	0.34	0.31	0.33	0.37	0.4	0.4
PAT to CFO Conversion(x)	1.12	1.47	2.3	N/A	N/A	N/A	N/A	0.75	9.3	7.04
Working Capital Days
Receivable Days	8	10	12	14	13	15	15	76	62	15
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

Bharti Hexacom Ltd Stock News

Bharti Hexacom Ltd FAQs

What is the share price of Bharti Hexacom Ltd.?

Company share prices are keep on changing according to the market conditions. The closing price of Bharti Hexacom Ltd. on 06-Sep-2024 16:01 is ₹1,201.

What is the market cap of Bharti Hexacom Ltd.?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Sep-2024 16:01 the market cap of Bharti Hexacom Ltd. stood at ₹59,922.5.

What is the P/E ratio of Bharti Hexacom Ltd.?

The latest P/E ratio of Bharti Hexacom Ltd. as of 06-Sep-2024 16:01 is 118.8.

What is the P/B ratio of Bharti Hexacom Ltd.?

The latest P/B ratio of Bharti Hexacom Ltd. as of 06-Sep-2024 16:01 is 6.38.

What is the 52-week high and low of Bharti Hexacom Ltd.?

The 52-week high of Bharti Hexacom Ltd. is ₹1,368.9 and the 52-week low is ₹755.2.

What is the TTM revenue of Bharti Hexacom Ltd.?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bharti Hexacom Ltd. is ₹7,089 ( Cr.) .

About Bharti Hexacom Ltd

The company was originally incorporated under the Companies Act, 1956 as ‘Hexacom India Limited’, and was issued a certificate of incorporation on April 20, 1995 and subsequently, a certificate for commencement of business by the Registrar of Companies, NCT of Delhi & Haryana at New Delhi on April 26, 1995. Subsequently, the name of the company changed to ‘Bharti Hexacom Limited’, pursuant to a special resolution passed by its shareholders at its extraordinary general meeting (EGM) held on September 10, 2004 and a fresh certificate of incorporation was issued by the Registrar of Companies, NCT of Delhi & Haryana at New Delhi on December 2, 2004.

Bharti Hexacom is a communications solutions provider offering consumer mobile services, fixed-line telephone and broadband services to customers in the Rajasthan and the North East telecommunication circles in India, which comprises the states of Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura. It offers its services under the brand ‘Airtel’. It has a distinct strategy to premiumise its portfolio by acquiring and retaining quality customers and deliver an experience to them through its omnichannel approach and use of data science. It has a gamut of digital offerings to enhance customer engagement and differentiated customised offerings through family and converged plans under Airtel Black proposition. It undertakes prudent cost optimisation measures to improve its profitability and maintain an efficient capital structure with a comfortable leverage position. It continuously invests in network expansion, technology advancement and judicious spectrum investments. It also derives significant synergies from its relationship with its Promoter, Airtel, through the expansive digital infrastructure, digital experience and the digital services it provides to its customers.

Business area of the company

The company provides telephony (mobile and landline) and broadband services in Rajasthan and North East telecom circles in India.

Key awards, accreditations or recognitions

2022: Received a letter of appreciation from the Department of Telecommunications for the efforts and contribution in the joint survey regarding mobile coverage testing conducted by Rajasthan Licensed Service Area, DoT from February 21, 2022 to March 14, 2022 along international borders in Rajasthan.

Major events and milestones

1995: Incorporation of the company as ‘Hexacom India Limited’ and receipt of certificate for commencement of business from the RoC.
2004: The name of the company was changed to ‘Bharti Hexacom Limited’.
2011: Launch of 3G services in Jaipur, which was the company’s first launch in North India.
2015: Launch of 4G technology in Meghalaya’s capital Shillong, the first in the North East circle.
2016: Launch of Platinum 3G services to customers in Agartala in Tripura, Itanagar in Arunachal Pradesh, Imphal and Churachandpur in Manipur.
2016: Launch of its first 4G service in Ajmer, which marked the rollout of Rajasthan’s first 4G services followed by launch of 4G services in Kota and Jaipur.
2016: Launch of 15th Company-Owned-Company-Operated retail store in Rajasthan.
2016: Launch of 2G and 3G services to mobile services in towns of Lumla, Nafra and Longding in Arunachal Pradesh, which was the first time that customers in these towns gained access to 3G mobile services.
2017: The company entered into an agreement with USOF to provide 4G based mobile services in identified uncovered villages and along national highways under the USOF Scheme in Arunachal Pradesh, Manipur, Mizoram, Tripura and Nagaland.
2017: Received approval from DoT for the transfer of Tikona Digital Networks Private Limited 2300MHz spectrum in Rajasthan.
2019: Coverage of 4G network extended to 297 towns, 35,674 villages and over 20 million customers across Rajasthan.
2019: Transfer of demerged undertakings of Tata Teleservices Limited to Bharti Airtel Limited and the company.
2020: The company entered into an agreement with USOF to provide 4G based mobile services in identified uncovered villages and along national highways in Meghalaya.
2021: The company entered into an agreement with USOF to provide 4G based mobile services in identified uncovered villages under the USOF Scheme in Arunachal Pradesh.
2021: The company entered into an agreement with USOF to provide 4G based mobile services in identified uncovered villages in aspirational districts under the USOF Scheme in Rajasthan.
2021: Launch of Airtel Black.
2023: Launch of 5G services in Jaipur, Udaipur, Kota, Jodhpur, Ajmer, Alwar, Bikaner and Bhilwara in Rajasthan.
2023: Launch of Airtel 5G Plus services in Shillong and Meghalaya.
2023: Airtel customers in Itanagar can now experience fast network and enjoy speeds up to 20-30 times faster than the current 4G speeds.
2023: Launch of 5G services in the North-East, i.e., in Kohima in Nagaland, Itanagar in Arunachal Pradesh, Aizawl in Mizoram, Gangtok in Sikkim, Silchar, Dibrugarh and Tinsukia in Assam.
2023: Activation of Airtel 4G in Anini, Dibang Valley, Arunachal Pradesh.
2023: Crossed 1.7 million unique 5G customers on its network in the North East states of Arunachal Pradesh, Sikkim, Assam, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.
2023: Extends 5G coverage to 50 districts of Rajasthan empowering 2.7 million customers.
2024: Introduction of in-flight roaming plans for customers.
2024: Launch of two next-gen stores in Agartala, Tripura.