Bharti Airtel Ltd


BSE: 532454 | NSE: BHARTIARTL | ISIN: INE397D01024 
Market Cap: [Rs.Cr.] 124,639 | Face Value: [Rs.] 5
Industry: Telecommunications - Service Provider

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Board Meet

03-May-13 
Bharti Airtel Ltd has informed BSE that subject to the approval of the shareholders, the Board of Directors of the Company on May 03, 2013 has approved issue and allotment of 199,870,006 Equity Shares of Rs. 5 each to Qatar Foundation Endowment SPC or its affiliate at a price of INR 340 per share on a preferential basis, in accordance with the provisions of the Companies Act, 1956 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. 
02-May-13 
Bharti Airtel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 02, 2013, to consider and take on record the Audited Financial Results for the 4th Quarter (Q4) and financial year ended March 31, 2013. With reference to the earlier announcement dated April 16, 2013 regarding FY13 results on May 02, 2013, Bharti Airtel Ltd has now informed BSE that the Board of Directors of the Company will consider recommendation of final dividend, if any for the financial year ended on March 31, 2013 in its meeting scheduled on May 02, 2013. (As per BSE Announcement Dated on 25.04.2013) Bharti Airtel Ltd has informed BSE that subject to the approval of the shareholders in the ensuing Annual General Meeting, the Board of Directors in its meeting held on May 02, 2013, has considered and recommended a dividend of Re. 1/- per equity share of Rs. 5/- each for the financial year 2012-13. (As per BSE Announcement Dated on 02.05.2013) 
01-Feb-13 
Bharti Airtel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 01, 2013, to consider and take on record the Audited Financial Results for the 3rd Quarter (Q3) and nine months ended on December 31, 2012 (Q3). Bharti Airtel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 01, 2013 , inter-alia, to consider the following proposals: 1. Mr. Sunil Bharti Mittal to be the Executive Chairman. 2. Mr. Manoj Kohli to be appointed as the Managing Director. 3. Mr. Gopal Vittal to be appointed as an Additional Director and Joint Managing Director. (As Per BSE Announcement Dated on 30.01.2013) 
07-Nov-12 
Bharti Airtel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on November 07, 2012, to consider and take on record the Audited Financial Results for the 2nd Quarter (Q2) and half year ended on September 30, 2012. 
08-Aug-12 
Bharti Airtel Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on August 08, 2012, to consider and take on record the Audited Financial Results for the 1st Quarter (Q1) and three months ended June 30, 2012 (Q1). Bharti Airtel Ltd has informed BSE that the Board of Directors of Bharti Infratel Limited ('BIL') at its meeting held on August 08, 2012 has appointed a Committee of the Board of Directors ('Committee of Directors') to consider the listing of the Equity Shares of the Company. The Proposed Issue may include an offer for sale of Equity Shares ('OFS'), if desired by the existing shareholders of the Company. BIL has informed the Company that any offering and its timing will be subject to market conditions, obtaining necessary shareholder and regulatory approvals. BIL has indicated that there can be no assurance that any offering will happen in a timely manner or at all. The final decision for the Proposed Issue will be taken by the Committee of Directors/the Board of Directors of BIL. The Board of Directors of Bharti Airtel Limited in its meeting held on August 08, 2012 has constituted a Committee of its Board of Directors, to consider and finalise the terms and conditions with respect to participation in the offer for sale of Equity Shares ('OFS') upto 10% of BIL's equity share capital and for matters incidental thereto. (As Per BSE Announcement Website Dated on 08/08/2012) 

AGM

05-Sep-13
AGM : 05.09.2013 
06-Sep-12
Bharti Airtel Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 18, 2012 to September 06, 2012 (both days inclusive) for the purpose of Payment of Final Dividend & 17th Annual General Meeting (AGM) of the Company to be held on September 06, 2012. Bharti Airtel Ltd has informed BSE that the 17th Annual General Meeting (AGM) of the Company will be held on September 06, 2012. (As Per bSE Announcement Website Dated on 04/08/2012) Bharti Airtel Ltd has informed BSE that the 17th Annual General Meeting (AGM) of the Company was held on September 06, 2012. (As per BSE Ammouncement Dated on 06.09.2012) Bharti Airtel Ltd has informed BSE regarding the details of the voting results at the 17th Annual General Meeting (AGM) of the Company held on September 06, 2012 under clause 35A. (For more details kindly refer Corporate Announcements on www.bseindia.com). (As per BSE Announcement Dated on 07.09.2012) Bharti Airtel Ltd has submitted to BSE a copy of the minutes of 17th Annual General Meeting of the Company held on September 06, 2012. (As per BSE Announcement Dated on 05.10.2012)  
01-Sep-11
Bharti Airtel Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 20, 2011 to September 01, 2011 (both days inclusive) for the purpose of Payment of Final Dividend & 16th Annual General Meeting (AGM) of the Company to be held on September 01, 2011. Bharti Airtel Ltd has informed BSE that the 16th Annual General Meeting (AGM) of the Company was held on September 01, 2011. 1. Adoption of audited Balance Sheet of the Company as at March 31, 2011, the Profit & Loss Account and the Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon. 2. Final dividend at the rate of Re. 1 per equity share of Rs. 5 each. 3. Re-appointment of Mr. Ajay Lal, Mr. Akhil Kumar Gupta and Mr. Narayanan Kumar, as director liable to retire by rotation. 4. Appointment of M/s. S. R. Batliboi & Associates, Chartered Accountants, Gurgaon, as statutory auditors to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting. 5. Appointment of Lord Evan Mervyn Davies, Mr. Hui Weng Cheong, Ms. Tan Yong Choo, Mr. Tsun-yan Hsieh and H. E. Dr. Salim Ahmed Salim as director liable to retire by rotation. 6. Re-appointment of Mr. Sunil Bharti Mittal as Managing Director for a further period of 5 years w.e.f. October 01, 2011. (As Per BSE Annoncement Website Dated on 02/09/2011) 
01-Sep-10
Bharti Airtel Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 21, 2010 to September 01, 2010 (both days inclusive) for the purpose of 15th Annual General Meeting (AGM) of the Company to be held on September 01, 2010. Bharti Airtel Ltd has informed BSE that the members at the 15th Annual General Meeting (AGM) of the Company held on September 01, 2010, inter alia, have approved the following: 1. Adoption of audited Balance Sheet of the Company as at March 31, 2010, the Profit & Loss Account the Cash Flow Statement for the year ended on. that late and the Report of the Board of Directors and Auditors thereon. 2. Final Dividend at the rate of Re. 1 per equity share of Rs. 5 each 3. Re-appointment of Mr. Pulak Chandan Prasad, Ms. Chua Sock Koong. Mr. Rajan Bharti Mittal and Mr. Rakesh Bharti Mittal as directors liable to retire by rotation. 4. Appointment of M/s. S. R. Batliboi & Associates, Chartered Accountants, Gurgaon, as statutory auditors to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General Meeting. 5. Consent for appointment of Mr. Shravin Mittal as an employee in a subsidiary Company. 6. Payment of commission to non-executive directors of the Company. (As Per BSE Announcement Dated on 01.09.2010) Bharti Airtel Ltd has submitted to BSE a copy of minutes of the 15th Annual General Meeting (AGM) of the Company will be held on September 01, 2010. (As Per BSE Announcement Dated on 28.09.2010) 
21-Aug-09
The Annual General Meeting (AGM) of the Company to be held on August 21, 2009. Bharti Airtel Ltd has informed BSE that the 14th Annual General Meeting (AGM) of the members of the Company will be held on August 21, 2009, inter alia, to transact the following business: 1. To receive, consider and adopt the audited Balance Sheet of the Company as at March 31, 2009, the Profit & Loss Account and the Cash Flow Statement for the year ended on that date and the reports of the Board of directors and auditors thereon. 2. To declare dividend on equity shares. 3. To appoint a director in place of Mr. Akhil Kumar Gupta, Mr. Ajay Lal, Mr. Arun Bharat Ram & Mr. Narayanan Kumar who retires by rotation and being eligible, offers themselves for re-appointment. 4. To appoint M/s. S R Batliboi & Associates, Chartered Accountants, Gurgaon, as the statutory auditors of the Company to hold office from the conclusion of this annual general meeting until the conclusion of the next annual general meeting and to authorize the Board /Audit Committee to fix their remuneration. 5. To appoint Mr. Quah Kung Yang, Mr. Nikesh Arora & Mr. Craig Edward appointed as Directors of the Company, liable to retire by rotation. (As per BSE Announcement Dated on 28.07.2009) Bharti Airtel Ltd has informed BSE that the members at the 14th Annual General Meeting (AGM) of the Company held on August 21, 2009, inter alia, have approved the following: 1. Adoption of audited Balance Sheet of the Company as at March 31, 2009, the Profit & Loss Account the Cash Flow Statement for the year ended on that date and the Report of the Board of Directors and Auditors thereon. 2. Equity dividend @ Rs. 2/- per equity share of Rs. 10/-each. 3. Re-appointment of Mr. Akhil Gupta, Mr. Ajay Lal, Mr. Arun Bharat Ram and Mr. N.Kumar as directors liable to retire by rotation. 4. Appointment of M/s. S. R. Batliboi & Associates, Chartered Accountants, Gurgaon, as statutory auditors to hold office from the conclusion of this Annual General Meeting until the conclusion of the next Annual General meeting at a remuneration fixed by the Board/Audit Committee. 5. Appointment of Mr. Quah Kung Yang, Mr. Nikesh Arora and Mr. Craig Ehrlich as Directors liable to retire by rotation. (As Per BSE Announcement Dated on 21/08/2009) Bharti Airtel Ltd has submitted to BSE a copy of the minutes of the 14th Annual General Meeting (AGM) of the Company held on August 21, 2009. (As Per BSE Announcement Dated on 24/09/2009) 

EGM

05-Jun-13
EGM 05.06.2013 Bharti Airtel Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on June 05, 2013. (As per BSE Announcement Dated on 08.05.2013) 
08-Sep-07
Bharti Airtel Ltd has informed BSE that pursuant to the Order made by the Hon'ble High Court of Delhi, separate meetings of the secured creditors & unsecured creditors of the Company will be held on September 08, 2007, for the purpose of considering, and if thought fit, approving, with or without modifications, the Scheme of Arrangement of the Company (Transferor Company/Applicant Company-I) with Bharti Infratel Ltd (Transferee Company/Applicant Company-II). Further the Company has informed that, pursuant to the Order made by the Hon'ble High Court of Delhi, a meeting of the shareholders of the Company will be held on September 07, 2007, for the purpose of considering, and if thought fit, approving, with or without modifications, the Scheme of Arrangement of the Company (Transferor Company/Applicant Company-I) with Bharti Infratel Ltd (Transferee Company/Applicant Company-II). 
04-Nov-06
Bharti Airtel Ltd has informed BSE that the pursuant to the order of the Hon'ble High Court of Delhi a meeting of the Unsecured Creditors of the Company will be held on November 04, 2006, for the purpose of considering and if thought fit, approving, with or without modification(s), the arrangement embodied in the Scheme of Amalgamation between Satcom Broadband Equipment Ltd, Bharti Broadband Ltd and the Company. 
09-Oct-04
EGM 09/10/2004 The Company has informed that the Extraordinary General Meeting of the Company will be held on October 9, 2004 to transact the following the business: - i) Issue of equity shares of the Company to M/s DSS Enterprises Private Ltd consequent upon merger upto 27,22,122 equity shares of Rs 10 each. ii) Authorization for borrowing in excess of paid up share capital and free reserve not exceed the sum of Rs 120,000 million Bharti Tele-Ventures Ltd. has informed the Exchange that an EGM is scheduled on October 09, 2004 to transact the following special businesses: 1) Issue of equity shares of the company to M/s. DSS Enterprises Pvt. Ltd. consequent upon merger. 2) Authorisation for borrowing in excess of paid up share capital and free reserves. 3) Authorisation for charging/mortgaging properties of the company. (As per NSE bulletin dated on 08/09/2004) EGM 09/10/2004 The meeting is being convened on the directions of the Hon'ble High Court of Delhi for the purpose of considering and approving the arrangement embodied in the Scheme of Amalgamation between Bharti Cellular Ltd (Transferor Company), Bharti Infotel Ltd (Transferor Company) and the Company. (As per BSE Bulletin dated on 20/09/2004) The Company has informed that at the Extra Ordinary General Meeting of the Company held on October 09, 2004 themembers have approved the following: 1. Issue of 27,22,122 Equity Shares of the Company to M/s DSS Enterprises Pvt Ltd consequent upon merger of Bharti Cellular Ltd and Bharti Infotel Ltd with the Company through scheme of amalgamation. 2. Borrowing in excess of paid up Share Capital and Free Reserves provided that the total amount upto which the moneys may be borrowed by the Board of Directors outstanding at any time shall not exceed the sum of INR 120,000 Mn. 3. Charging / mortgaging properties of the Company for securing borrowings made by the its subsidiaries viz., BCL andBIL, which consequent upon merger would be termed as borrowings of the Company as well as in order to avail financial assistance for meeting Company's future project funding requirements. (As per BSE Bulletin dated on 09/11/2004) Bharti Tele-Ventures Ltd. has informed the Exchange that at the EGM of the company held on October 09,2004, the following resolutions on being put to vote were carried by majority on show of hands: 1) Issue of equity shares of the company to M/s. DSS Enterprises Pvt. Ltd. consequent upon merger. 2) Authorisation for borrowing in excess of paid up share capital and free reserves. 3) Authorisation for charging/mortgaging properties of the company. (As per NSE Bulletin dated on 11/11/2004) 
08-May-04
EGM 08/05/2004 1. Raising of Funds through issue of Foreign Currency Convertible Bonds (FCCBs) upto an aggregate amount of US $ 100 million with a green shoe option of retaining additional amount aggregating upto US$ 15 million. 2. Investment in Equity Shares of Hexacom India Ltd provided that the total amount to be invested either directly or indirectly shall not exceed INR 8000 million notwithstanding that the proposed investment along with investments and / or Loans / Guarantees / securities provided so far by the Company would be in excess of 60% of paid up capital and free reserves of the Company. 3. Issue of Convertible Securities of the Company to the existing shareholders of Hexacom India Ltd upto an aggregate amount of INR 3750 million for the purpose of acquisition of Hexacom by way of swap of equity shares. Bharti Tele-Ventures Ltd. has informed the Exchange that the shareholders of the Company have on May 08, 2004 approved thefollowing proposals in the EGM of the Company : 1) Issue and allot Foreign Currency Convertible Bonds (FCCB's) upto an aggregate amount of US$ 100 Million plus an over-allotment option of US$ 15 Million. 2) Issue and allot Optionally Convertible Redeemable Debentures (OCRDs) to existing direct / indirect shareholders of Hexacom India Limited upto an aggregate amount of INR 3,750 Million for the purpose of acquisition of Hexacom India Limited by way of swap of equity shares. (AS per NSE Bulletin dated on 10/05/2004) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
Bharti Airtel 124,638.93 24.45 2.30 10.00 12.3 13.3 0.29
Idea Cellular 43,357.85 52.96 3.09 10.37 4.6 7.1 0.90
Rel. Comm. 22,673.26 36.37 0.50 14.95 0.3 1.7 0.66
Tata Comm 6,348.38 24.29 0.89 6.26 2.1 4.8 0.17
Tata Tele. Mah. 1,751.12 0.00 -0.98 14.89 0.0 0.0 0.00
M T N L 1,370.25 0.00 0.54 0.00 0.0 0.0 1.86
OnMobile Global 410.98 15.58 0.49 3.67 2.5 4.2 0.06
Quadrant Tele. 222.86 0.00 -0.24 0.00 0.0 0.0 0.00
Tulip Telecom 197.20 3.19 0.14 2.85 19.4 14.3 1.73
Nettlinx 5.12 0.00 0.31 43.90 0.0 0.0 0.11
Vital Comm. 2.62 0.00 0.06 0.00 0.0 0.0 0.03

Futures & Options Quote

 
Expiry Date
311.45 6.75  (2.2%)
Instrument: FUTSTK
Expiry Date: 30 May 2013
Open Price: 306.45
Average Price: 309.90
No. of Contracts Traded: 3,948,000
Open Interest: 9,335,000
Underlying: BHARTIARTL
Market Lot: 1000
Previous Close: 311.45
Day’s High | Low: 313.80 | 306.10
Turnover (Cr.): 122.35
Open Int. Change: -200,000.00 ( [2.1]% )
View detailed F& O quotes >>

Key Information

Key Executives:

Sunil Bharti Mittal , Executive Chairman 

Ajay Lal , Director 

Chua Sock Koong , Director 

Pulak Chandan Prasad , Director 


Company Head Office / Quarters:
Bharti Crescent Vasant Kunj,
1 Nelson Mandela Road Phase II,
New Delhi,
New Delhi-110070
Phone : 91-11-46666100/6500/6255
Fax : 91-11-46666137
E-mail : compliance.officer@bharti.in
Web : http://www.airtel.in
Registrars:
Karvy Computershare Pvt Ltd
Plot No 17-24
Vittal Rao Nagar
Madhapur
Hyderabad-500081

Fund Holding


Calendar

May-2013
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