The rise in net profits is seen in a wide range of 90% to 226%, according to estimates by four brokerages, between Rs 4,110 and Rs 6,759. Revenues are likely to rise by 23%-35%, reaching 50,588 crore from the 46,200 crore.
ICICI Securities estimates Morgan Stanley, Nomura and Mirae Asset Sharekhan are considered.
The highest PAT and revenue estimates come from ICICI Securities, but Morgan Stanley has the lowest net profit margin, and Nomura has the most conservative top-line estimates.
The company plans to report double-digit Yoy rises in ARPU.
The following are the recommendations from the securities company:
ICICI Securities
Bharti Airtel is expected to report the Q4FY25’s 226% previous consolidated PAT jump to Rs 6,759 trillion. It could be reduced by 54% on a QOQ basis. The company’s revenue is expected to increase by 35% year-on-year to 50,588 crore, and is expected to increase by 12% in sequential revenue prior to interest, tax, depreciation and amortization (EBITDA). QOQ reflects strong cost management and improved operational efficiency.
ICICI Securities has a “buy” rating on Bharti Airtel for its price target of Rs 1,925.
Q4FY25 estimates point to a 0.1% decline in revenues from Bharti Airtel’s mobile services, the broker said.
Morgan Stanley
Morgan Stanley plans to report a 90% PAT jump from the previous year, with a 72% decline sequentially dropping to 4,110 crore. Revenue is expected to rise to Rs 48,469 trillion from a 26% year-on-year and a QOQ of 3.4%, supported by the addition of healthy subscribers.
EBITDA was able to stand at Rs 27,244, reflecting a 37% increase from the previous year, but immersed 6.2% in a row.
The company’s subscriber bases expanded to 361 million, an increase of 2.6% from the previous year, and a QOQ of 1.4%. Average revenue per user (ARPU) has increased to Rs 246, an annual increase of 18%, and a slight rise to Rs 0.3, showing a steady trend of monetization.
“For India’s core businesses (excluding passive infrastructure), we expect year-over-year revenue growth of 0.2% QOQ and 16%, which will be partially affected by the decline in corporate business as the company withdraws its low margin business.
“We expect Core India EBITDA to improve year-on-year at 1% QOQ and 8.6%. F25-F24 dividend payments are high, and F26’s CAPEX count outlook is lower than F25, and we hope to lower our debts to lower our debts and rebalance our capital allocation to pay back to shareholders.
Nomura
Bharti Airtel is expected to report quarterly net profit of 5,300 crores under review, marking a robust year-over-year growth of 154%, but could decline by 64% on a sequential basis.
Nomura Peg is collecting revenues at Rs 46,200, reflecting an increase around 23% and a modest 2% QOQ. EBITDA comes at Rs 25,300, up 31% and 3% from the previous quarter.
The EBITDA margin could improve to 54.8% compared to 54.5% for Q3FY25 and 51.5% for Q4FY24, indicating an improved operational efficiency.
ARPU could raise the previous year and 1% QOQ of 247 Rs, 18%, supported by improved customer realization.
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Sharekhan
The company is likely to report net sales of Rs 47,528 for the quarter, registering sequentially old growth of 26% and 5.3% growth.
The bottom row is likely to jump sharply to Rs 5,800, jumping QOQ of 97% and 23% from the previous year.
The operating profit margin (OPM) has been significantly improved to 55.5%, expanding 400 basis points compared to 100 basis points over Q4FY24 and Q3FY25, indicating improved efficiency and profitability.
(Disclaimer: recommendations, suggestions, opinions and opinions given by experts are unique. These do not represent views of the economic era.)
