Bharti Hexacom Limited
Incorporated in 1995, Bharti Hexacom Limited provides fixed-line telephone and broadband services to customers in Rajasthan and North East telecom circles. The company leads in Rajasthan and the Northeast with significant market shares. In Rajasthan, it holds around 40.4% of the revenue market and 35% of the customer market, while in the Northeast (including Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura). Bharti Hexacom is a subsidiary of Bharti Airtel, owning a 70% stake in the company. The company relies on a strong network infrastructure, comprising owned and leased assets.
Shareholding Pattern
-PUBLIC GROUP
-PROMOTER GROUP
Financial Summary
| Particulars | March 2024 | March 2023 | March 2022 |
| Sales | 7,089 | 6,579 | 5,405 |
| Sales Growth % | 7.75% | 21.72% | 17.45% |
| Expenses | 3,728 | 3,793 | 3,591 |
| Operating Profit | 3,361 | 2,786 | 1,814 |
| OPM % | 47% | 42% | 34% |
| Net Profit | 504 | 549 | 1,675 |
| EPS in Rs | 10.09 | 21.97 | 66.98 |
Synopsis of Financials
- Consolidated revenue of ₹41,400 Crores, with India revenues at ₹31,500 Crores (up 8.7% sequentially).
- EBITDA margins improved to 54.8%, with operating free cash flow at ₹11,000 Crores.
- Capex for the quarter was ₹6,260 Crores.
- Net debt-to-EBITDA improved to 2.6 from 3.1 a year ago.
Final Outlook
Bharti hexacom is the subsidiary of bharti airtel which have 70% stack in it. Due to this investor show positive sentiment and the share price is increased constantly since the company is listed in stock market. Company show strong financials and thier revenue is increasing QoQ in comaprison with their peers in the market. In current market situation their is a vast opportunity present because the Broadband services, fixed line services are still concenterated in Tier 1 city there is a lots of opportunity in tier 2 and tier 3 citys and even in villages also. Company also plan to expand their services in villages . According to me recommend to BUY the share.
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