Académique Documents
Professionnel Documents
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Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Debt-Equity Ratio
2.25
1.60
1.25
1.26
1.22
1.84
1.17
0.98
0.99
0.98
Current Ratio
0.28
0.30
0.41
0.40
0.38
0.43
0.46
0.44
0.43
0.44
666.25
696.13
678.49
636.71
414.89
18.23
16.78
13.18
11.70
12.05
1.84
3.37
2.34
2.06
2.60
PBIDTM (%)
37.07
36.26
34.23
31.34
33.52
PBITM (%)
15.90
15.59
16.01
12.09
14.83
PBDTM (%)
28.44
31.63
27.39
25.47
27.81
CPM (%)
25.42
25.92
21.74
22.20
24.65
APATM (%)
4.25
5.26
3.52
2.95
5.95
ROCE (%)
11.47
11.07
10.29
7.38
8.83
Turnover Ratios
Fixed Assets
Inventory
Debtors
Interest Cover Ratio
10.45
10.15
5.29
4.21
8.11
Bharti Airtels average current ratio over the last 5 financial years has been 0.28
times which indicates that the Company has been facing liquidity problems to
meet its short term obligations. Bharti Airtels average long term debt to equity
ratio over the last 5 financial years has been 0.98 times which indicates that the
Company is comfortably placed to meet its obligations. Bharti Airtels average
interest coverage ratio over the last 5 financial years has been 6.61 times which
indicates that the company has been generating enough for the shareholders
after servicing its debt obligations.
Ownership pattern
In its latest stock exchange filing dated 31 March 2016, Bharti Airtel reported a
promoter holding of 66.74 %. Large promoter holding indicates conviction and
sincerity of the promoters. We believe that a greater than 35 % promoter holding
offers safety to the retail investors.
At the same time, institutional holding in the Company stood at 25.60 %
(FII+DII). Large institutional holding indicates the confidence of seasoned
investors. At the same time, it can also lead to high volatility in the stock price as
institutions buy and sell larger stakes than retail participants