BHARTI AIRTEL has announced its results for the year ended March 2020. Let us have a look at the detailed performance review of the company during FY19-20.
No. of Mths Year Ending | 12 Mar-19* | 12 Mar-20* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 807,802 | 879,380 | 8.9% |
Other income | Rs m | 27,991 | 15,357 | -45.1% |
Total Revenues | Rs m | 835,793 | 894,737 | 7.1% |
Gross profit | Rs m | 270,832 | -38,670 | -114.3% |
Depreciation | Rs m | 213,475 | 270,944 | 26.9% |
Interest | Rs m | 106,222 | 140,732 | 32.5% |
Profit before tax | Rs m | -20,874 | -434,989 | 1,983.9% |
Tax | Rs m | -34,193 | -121,823 | 256.3% |
Profit after tax | Rs m | 13,319 | -313,166 | -2,451.3% |
Gross profit margin | % | 33.5 | -4.4 | |
Effective tax rate | % | 163.8 | 28.0 | |
Net profit margin | % | 1.6 | -35.6 |
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No. of Mths Year Ending | 12 Mar-19* | 12 Mar-20* | % Change | |
---|---|---|---|---|
Networth | Rs m | 713,478 | 770,775 | 8.0 |
Current Liabilities | Rs m | 930,134 | 1,314,876 | 41.4 |
Long-term Debt | Rs m | 824,901 | 910,792 | 10.4 |
Total Liabilities | Rs m | 2,662,181 | 3,337,630 | 25.4 |
Current assets | Rs m | 328,642 | 766,432 | 133.2 |
Fixed Assets | Rs m | 2,333,539 | 2,571,198 | 10.2 |
Total Assets | Rs m | 2,662,181 | 3,337,630 | 25.4 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-19 | Mar-20 | ||
Cash Flow from Operating Activities | Rs m | 200,702 | 181,287 | -9.7% |
Cash Flow from Investing Activities | Rs m | -285,009 | -304,919 | - |
Cash Flow from Financing Activities | Rs m | 94,638 | 191,444 | 102.3% |
Net Cash Flow | Rs m | 12,484 | 76,746 | 514.8% |
No. of Mths Year Ending | 12 Mar-19* | 12 Mar-20* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 202.1 | 161.2 |
TTM Earnings per share | Rs | 3.3 | -57.4 |
Diluted earnings per share | Rs | 2.3 | -53.2 |
Price to Cash Flow | x | 8.6 | -57.0 |
TTM P/E ratio | x | 147.1 | -8.2 |
Price / Book Value ratio | x | 1.7 | 3.1 |
Market Cap | Rs m | 1,180,632 | 2,404,810 |
Dividends per share (Unadj.) | Rs | 2.5 | 2.0 |
Current Ratio: The company's current ratio improved and stood at 0.6x during FY20, from 0.4x during FY19. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at -2.1x during FY20, from 0.8x during FY19. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at -40.6% during FY20, from 1.9% during FY20. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at -17.5% during FY20, from 5.5% during FY19. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company declined and down at -5.2% during FY20, from 4.5% during FY19. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-19* | 12 Mar-20* | |
---|---|---|---|
Current ratio | x | 0.4 | 0.6 |
Debtors’ Days | Days | 19 | 19 |
Interest coverage | x | 0.8 | -2.1 |
Debt to equity ratio | x | 1.2 | 1.2 |
Return on assets | % | 4.5 | -5.2 |
Return on equity | % | 1.9 | -40.6 |
Return on capital employed | % | 5.5 | -17.5 |
To see how BHARTI AIRTEL has performed over the last 5 years, please visit here.
Over the last one year, BHARTI AIRTEL share price has moved up from Rs 332.9 to Rs 440.6, registering a gain of Rs 107.7 or around 32.4%.
Meanwhile, the S&P BSE TECK Index is trading at Rs 6,403.4 (up 2.8%). Over the last one year it has moved down from 7,621.8 to 6,403.4, a loss of 1,218 points (down 16.0%).
Overall, the S&P BSE SENSEX is down 24.2% over the year.
(To know more, check out historical annual results for BHARTI AIRTEL and quarterly results for BHARTI AIRTEL)
BHARTI AIRTEL currently trades at Rs 1,229.1 per share. You can check out the latest share price performance of BHARTI AIRTEL here...
The revenues of BHARTI AIRTEL stood at Rs 894,737 m in FY20, which was up 7.1% compared to Rs 835,793 m reported in FY19.
BHARTI AIRTEL's revenue has fallen from Rs 982,518 m in FY16 to Rs 894,737 m in FY20.
Over the past 5 years, the revenue of BHARTI AIRTEL has grown at a CAGR of -2.3%.
The net loss of BHARTI AIRTEL stood at Rs -313,166 m in FY20, which was down -2,451.3% compared to Rs 13,319 m reported in FY19.
This compares to a net profit of Rs 11,226 m in FY18 and a net profit of Rs 31,965 m in FY17.
Over the past 5 years, BHARTI AIRTEL net profit has grown at a CAGR of NaN%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of BHARTI AIRTEL reveals:
Here's the cash flow statement of BHARTI AIRTEL for the past 5 years.
(Rs m) | FY16 | FY17 | FY18 | FY19 | FY20 |
---|---|---|---|---|---|
From Operations | 279,423 | 282,799 | 298,538 | 200,702 | 181,287 |
From Investments | -142,257 | -306,044 | -279,676 | -285,009 | -304,919 |
From Financial Activity | -119,461 | -3,514 | 19,205 | 94,638 | 191,444 |
Net Cashflow | 19,048 | -27,515 | 38,348 | 12,484 | 76,746 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of BHARTI AIRTEL reveals:
Here's the ratio/financial analysis of BHARTI AIRTEL for the past 5 years.
FY16 | FY17 | FY18 | FY19 | FY20 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 37.4 | 35.6 | 35.4 | 33.5 | -4.4 |
Net Profit Margin (%) | 6.0 | 3.3 | 1.4 | 1.6 | -35.6 |
Debt to Equity Ratio (x) | 1.3 | 1.3 | 1.2 | 1.2 | 1.2 |
Read: Latest Annual Report Analysis of BHARTI AIRTEL
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1 Responses to "BHARTI AIRTEL 2019-20 Annual Report Analysis"
arsh
Jul 1, 2021i need this report for my assignment on corporate reporting
thanks