NSEI:INFRATEL

Stock Analysis Report

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Executive Summary

Bharti Infratel Limited provides telecom tower infrastructure sharing services. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential and pays a dividend.


Similar Companies

Share Price & News

How has Bharti Infratel's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: INFRATEL is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: INFRATEL's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

8.6%

INFRATEL

-0.3%

IN Telecom

3.0%

IN Market


1 Year Return

-8.6%

INFRATEL

-8.5%

IN Telecom

13.5%

IN Market

Return vs Industry: INFRATEL matched the Indian Telecom industry which returned -8.5% over the past year.

Return vs Market: INFRATEL underperformed the Indian Market which returned 13.5% over the past year.


Shareholder returns

INFRATELIndustryMarket
7 Day8.6%-0.3%3.0%
30 Day33.2%6.2%12.9%
90 Day10.5%2.7%16.1%
1 Year-4.1%-8.6%-4.4%-8.5%15.6%13.5%
3 Year-25.0%-36.5%-0.9%-12.3%10.0%4.6%
5 Year-24.4%-39.4%15.0%-4.9%65.2%52.7%

Long-Term Price Volatility Vs. Market

How volatile is Bharti Infratel's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bharti Infratel undervalued compared to its fair value and its price relative to the market?

11.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: INFRATEL (₹237.35) is trading below our estimate of fair value (₹269.23)

Significantly Below Fair Value: INFRATEL is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: INFRATEL is good value based on its PE Ratio (15.2x) compared to the XA Telecom industry average (19.4x).

PE vs Market: INFRATEL is good value based on its PE Ratio (15.2x) compared to the Indian market (17.5x).


Price to Earnings Growth Ratio

PEG Ratio: INFRATEL is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: INFRATEL is overvalued based on its PB Ratio (3.2x) compared to the XA Telecom industry average (1.9x).


Next Steps

Future Growth

How is Bharti Infratel forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

13.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INFRATEL's forecast earnings growth (13.1% per year) is above the savings rate (7.2%).

Earnings vs Market: INFRATEL's earnings (13.1% per year) are forecast to grow slower than the Indian market (24.5% per year).

High Growth Earnings: INFRATEL's earnings are forecast to grow, but not significantly.

Revenue vs Market: INFRATEL's revenue (21.3% per year) is forecast to grow faster than the Indian market (11.6% per year).

High Growth Revenue: INFRATEL's revenue (21.3% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INFRATEL's Return on Equity is forecast to be high in 3 years time (27.8%)


Next Steps

Past Performance

How has Bharti Infratel performed over the past 5 years?

5.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: INFRATEL has high quality earnings.

Growing Profit Margin: INFRATEL's current net profit margins (42.7%) are lower than last year (45.7%).


Past Earnings Growth Analysis

Earnings Trend: INFRATEL's earnings have grown by 5.9% per year over the past 5 years.

Accelerating Growth: INFRATEL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: INFRATEL had negative earnings growth (-7.2%) over the past year, making it difficult to compare to the Telecom industry average (-1.1%).


Return on Equity

High ROE: INFRATEL's Return on Equity (21%) is considered high.


Next Steps

Financial Health

How is Bharti Infratel's financial position?


Financial Position Analysis

Short Term Liabilities: INFRATEL's short term assets (₹33.7B) exceed its short term liabilities (₹21.1B).

Long Term Liabilities: INFRATEL's short term assets (₹33.7B) exceed its long term liabilities (₹24.7B).


Debt to Equity History and Analysis

Debt Level: INFRATEL's debt to equity ratio (1.2%) is considered satisfactory.

Reducing Debt: INFRATEL's debt to equity ratio has reduced from 8.1% to 1.2% over the past 5 years.

Debt Coverage: INFRATEL's debt is well covered by operating cash flow (1490.9%).

Interest Coverage: INFRATEL's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Bharti Infratel current dividend yield, its reliability and sustainability?

4.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: INFRATEL's dividend (4.42%) is higher than the bottom 25% of dividend payers in the Indian market (0.5%).

High Dividend: INFRATEL's dividend (4.42%) is in the top 25% of dividend payers in the Indian market (2.02%)


Stability and Growth of Payments

Stable Dividend: INFRATEL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: INFRATEL's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (58.7%), INFRATEL's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: INFRATEL's dividends in 3 years are forecast to be covered by earnings (73.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Bimal Dayal

0.17

Tenure

Mr. Bimal Dayal serves as Managing Director and Director at Bharti Infratel Limited since October 22, 2020. He has been the Chief Executive Officer, Managing Director of Indus Towers Ltd. since March 31, 2...


Leadership Team

NamePositionTenureCompensationOwnership
Rajiv Arora
Chief of Legalno data₹10.53mno data
Samridhi Rodhe
Company Secretary & Compliance Officer3.25yrs₹2.36mno data
Biswajit Patnaik
Chief Sales & Marketing Officerno data₹14.82mno data
Dipak Roy
Chief Human Resource Officerno data₹20.65mno data
Akhil Gupta
Executive Director12.75yrs₹88.87m0.026%
₹ 169.1m
Prashant Keole
Senior VP of Deployment8.67yrs₹9.90mno data
Ajay Gupta
Senior VP of Supply Chain Managementno data₹8.12mno data
Sachin Naik
Senior Vice President of O & Mno data₹15.01mno data
Bimal Dayal
MD & Director0.17yrno datano data
Pooja Jain
Chief Financial Officer0.50yrno datano data
Prashant Singh
Chief Information Officer10.67yrsno datano data
Surabhi Chandna
Chief Investor Relations Officerno datano datano data

3.3yrs

Average Tenure

51.5yo

Average Age

Experienced Management: INFRATEL's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Akhil Gupta
Executive Director12.75yrs₹88.87m0.026%
₹ 169.1m
Bimal Dayal
MD & Director0.17yrno datano data
Leena Srivastava
Independent & Non-Executive Director8.08yrs₹750.00kno data
Narayanan Kumar
Independent Chairman & Lead Independent Director0.083yr₹1.50mno data
Rajan Mittal
Non Independent & Non-Executive Director4.92yrs₹750.00kno data
Bharat Raut
Independent & Non Executive Director8.25yrs₹2.00mno data
Jitender Balakrishnan
Independent & Non Executive Director8.25yrs₹1.50mno data
Tao Yih Lang
Non-Independent & Non-Executive Director3.58yrs₹750.00kno data
Rajinder Singh
Independent Non-Executive Director5.42yrs₹1.50mno data
Anita Kapur
Independent & Non-Executive Director2.92yrs₹1.50mno data

5.2yrs

Average Tenure

67yo

Average Age

Experienced Board: INFRATEL's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 45.7%.


Top Shareholders

Company Information

Bharti Infratel Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bharti Infratel Limited
  • Ticker: INFRATEL
  • Exchange: NSEI
  • Founded: 2006
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: ₹639.627b
  • Shares outstanding: 2.69b
  • Website: https://www.bharti-infratel.com

Number of Employees


Location

  • Bharti Infratel Limited
  • Building No. 10
  • Tower-A
  • Gurugram
  • Haryana
  • 122002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
534816BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2012
INFRATELNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2012

Biography

Bharti Infratel Limited provides telecom tower infrastructure sharing services. The company acquires, builds, deploys, owns, operates, and manages telecom towers and communication structures for various mo...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/05 12:16
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.