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Bharti Airtel (NSE:BHARTIARTL) EBIT : ₹353,267 Mil (TTM As of Mar. 2024)


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What is Bharti Airtel EBIT?

Bharti Airtel's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₹79,813 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹353,267 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bharti Airtel's annualized ROC % for the quarter that ended in Mar. 2024 was 5.76%. Bharti Airtel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.95%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bharti Airtel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.63%.


Bharti Airtel EBIT Historical Data

The historical data trend for Bharti Airtel's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bharti Airtel EBIT Chart

Bharti Airtel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -352,449.00 -20,608.00 257,332.00 358,606.00 353,267.00

Bharti Airtel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101,771.00 74,666.00 91,255.00 107,533.00 79,813.00

Competitive Comparison of Bharti Airtel's EBIT

For the Telecom Services subindustry, Bharti Airtel's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bharti Airtel's EV-to-EBIT Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bharti Airtel's EV-to-EBIT falls into.



Bharti Airtel EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹353,267 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bharti Airtel  (NSE:BHARTIARTL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Bharti Airtel's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=371584 * ( 1 - 25.55% )/( (4747247 + 4864871)/ 2 )
=276644.288/4806059
=5.76 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Bharti Airtel's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=319252/( ( (1655598 + max(-897826, 0)) + (1714565 + max(-913697, 0)) )/ 2 )
=319252/( ( 1655598 + 1714565 )/ 2 )
=319252/1685081.5
=18.95 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55099 + 0 + 118202) - (400008 + 0 + 671119)
=-897826

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47277 + 0 + 118678) - (384356 + 0 + 695296)
=-913697

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Bharti Airtel's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=353267/9735844.169
=3.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Bharti Airtel EBIT Related Terms

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Bharti Airtel (NSE:BHARTIARTL) Business Description

Traded in Other Exchanges
Address
1, Nelson Mandela Road, Bharti Crescent, Phase II, Vasant Kunj, New Delhi, IND, 110 070
Bharti Airtel Ltd is a telecommunications company. The company's segment includes Mobile Services India; Mobile Services Africa; Mobile Services South Asia; Airtel Business; Tower Infrastructure Services; Homes Services; Digital TV Services and others. It generates maximum revenue from the Mobile Services India segment. Mobile Services India services cover voice and data telecom services provided through wireless technology (2G / 3G / 4G) in India. It includes the captive national long distance networks which primarily provide connectivity to the mobile services business in India. It also includes intra-city fibre networks.

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