Published on 14/05/2025 08:58 AM
Bharti Airtel shares a good buy near all-time high levels? Here's what analysts advise post Q4India business, excluding Indus Towers, delivered a beat on EBITDA for the quarter, led by better-than-expected performance in the Airtel business segment. India (Ex-Indus) capex came in much higher than in Q3, Morgan Stanley wrote in its note.By Meghna Sen May 14, 2025, 8:58:28 AM IST (Published)2 Min ReadShares of telecom service provider Bharti Airtel Ltd. will be in focus on Wednesday, May 14, after the company announced its March-quarter (Q4FY25) earnings. The stock declined in four out of the last five trading sessions.
Bharti Airtel reported strong growth in its net profit at ₹11,022 crore in the fourth quarter. The company, however, said that net profit for the quarter included deferred tax gain of ₹4,233 crore.
Global brokerage firm Morgan Stanley has an 'Equal-Weight' rating on Bharti Airtel, with a price target of ₹1,870 per share.
India business, excluding Indus Towers, delivered a beat on EBITDA for the quarter, led by better-than-expected performance in the Airtel business segment. India (Ex-Indus) capex came in much higher than in Q3.
Morgan Stanley estimates that FY25 guidance shows a 9% year-on-year decline, in line with management's outlook.
The brokerage noted that the final dividend of ₹16 per share shows a 100% year-on-year increase, ahead of Morgan Stanley’s estimates.
Consolidated net debt increased due to the redemption of $1 billion in perpetual bonds.
CLSA has an 'Outperform' rating on the stock, with a price target of ₹2,030.
Q4 consolidated revenue and EBITDA were ahead of estimates, with a positive surprise driven by strong performance in the Africa operations. India mobile revenue and EBITDA grew 1–2% quarter-on-quarter and 21–30% year-on-year.
Citi has a 'Buy' recommendation on Bharti Airtel, with a price target of ₹1,980 per share.
Q4 performance was relatively subdued compared to recent quarters, with India mobile revenue growth slowing to 1.3% QoQ due to seasonality.
India and consolidated net debt rose 4% QoQ, primarily due to higher capex in India and cash outflow related to a 5% stake increase in Airtel Africa.
Shares of Bharti Airtel ended 2.47% lower on Tuesday at ₹1,824.50. The stock has risen over 14% so far in 2025.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsBharti AirtelBharti Airtel share priceBharti airtel stock priceshare market today