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Airtel印度的移动商务带来收入增长15% CAGR通过FY23-25:分析师
“我们正在建设一个FY24年初价格上涨,加上持续2 g 4 g / 5 g转换,我们预测Bharti的无线收入增长15% FY23E-25E CAGR在合并层面(13%),”高盛(Goldman Sachs)在一份报告中称。
他们补充说,强大的无线收入增长预期可能会提振Airtel的自由现金流(自由现金流量)一代在未来几个季度。
“我们正在建设一个FY24年初价格上涨,加上持续2 g 4 g / 5 g转换,我们预测Bharti的无线收入增长15% FY23E-25E CAGR在合并层面(13%),”高盛(Goldman Sachs)在一份报告中称。
不过,分析师警告称,由于电信业用户添加可能会在短期内保持疲弱,没有行业关税上涨,收入增长Airtel和依赖Jio可能下降不到10%同比由6月23日,与近几个季度的同比15 - 20%水平。
不过,高盛(Goldman Sachs)补充说,Bharti的3 qfy23无线上一季度2.5%的收入增长大致符合预期,小幅增加vs Jio报道,导致收入市场份额Bharti扩大了30个基点不可小觑,在过去四个季度或130个基点。
Airtel第三财季的合并净利润同比上涨91%,1588.2卢比,帮助主要由强劲的4 g用户增加,数据消费增长和较低的频谱使用费用(往下)。不过,季度净利润下跌近26%顺序,失踪的估计,主要是由于异常费用在12月季度大约670卢比。
印度塔,旅馆是最大的股东,必须对可疑债务高达2298。1卢比提供12月第六季表示,实现其未来可能挑战更高的支付承诺塔公司从1月。
Bharti Airtel获得23 pc印度河塔子公司持有的股份荨麻下文
Bharti Airtel拥有23.01%股份的印度河塔从荨麻直接移动塔公司的47.95%。
Airtel股价下跌0.7%,报779.45 Rs在周三下午早些时候的交易疯牛病起初下跌约2.6%,收复部分失地,一天后电信急剧连续12月季度净利润下降。
摩根大通(JP Morgan)说,积极的惊喜Airtel的第三季财报数字是资本支出,66% / 43%。今年第一季度,印度的Rs 810亿/ Rs64bn整体在5克/无线显示积极的投资。
Airtel推出了5 g服务70多个市场和计划扩大5 g覆盖在印度城市2024年3月和2023年12月的整个国家。“我们5 g有望推出涵盖所有关键城镇和农村地区,2024年3月,“Gopal Vittal, Airtel的MD在Q3FY23收入声明中说。
虽然J P摩根说,Airtel的储蓄在往下得分低于早些时候的估计。“往下储蓄只rs18 - 200亿vs Rs30bn预期,表明光谱年度支付不会显著节约成本所抵消,驾驶ROIC稀释50个基点。”
虽然里昂证券表示,Bharti有望实现全国范围内的5 g推出2024年3月,在2.8倍Ebitda杠杆舒适。
Bharti Airtel股价下跌超过2%后疯牛病电信报告on-qtr第三季度净利润下降26%
Airtel的净利润下跌近26%。今年第一季度1588。2卢比,失踪估计,去年第四期。
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<\/figure>Kolkata: Bharti Airtel<\/a>\u2019s India wireless business is estimated to deliver 15% revenue growth, compounded annually over FY23-25, driven by more tariff hikes and continued customer upgrades from 2G to 4G\/5G services, analysts said.They added that the strong wireless revenue growth forecast is likely to boost Airtel\u2019s free cash flow (FCF<\/a>) generation in the coming quarters.
\u201cWe are building in a price increase in early FY24, and coupled with continued 2G to 4G\/5G conversions, we forecast Bharti\u2019s wireless revenues to grow at a 15% FY23E-25E CAGR (13% at consolidated level),\u201d Goldman Sachs said in a note.
<\/div><\/div>It added that the estimated wireless revenue growth is likely to translate into sharply improving margins, with EBITDA<\/a> (read: operating income) growing at a 23%, compounded annual over FY23-25, aiding FCF generation. \u201c We forecast $2.5 billion in FCF for Bharti\u2019s India business in FY24,\u201d Goldman Sachs added.
Analysts, though, cautioned that since the telecom sector subscriber additions are likely to stay weak in the near term, without industry-wide tariff hikes, revenue growth for both Airtel and Reliance Jio<\/a> could decline to less than 10% on-year by June \u201823, vs the 15-20% on-year level in recent quarters.
Goldman Sachs, though, added that Bharti\u2019s 3QFY23 wireless revenue growth of 2.5% on-quarter is broadly in line with estimates and marginally higher vs that reported by Jio, resulting in revenue market share for Bharti expanding by 30 bps qoq, or 130 bps over the last four quarters.
Airtel\u2019s consolidated net profit for the fiscal third quarter rose 91% on-year to rs 1588.2 crore, helped mainly by strong 4G user additions , data consumption growth and lower spectrum usage charges (SUC). Its quarterly net profit, though, fell nearly 26% sequentially, missing estimates, mainly due to an exceptional charge of around Rs 670 crore in the December quarter.
Analysts, though, cautioned that since the telecom sector subscriber additions are likely to stay weak in the near term, without industry-wide tariff hikes, revenue growth for both Airtel and Reliance Jio<\/a> could decline to less than 10% on-year by June \u201823, vs the 15-20% on-year level in recent quarters.
Goldman Sachs, though, added that Bharti\u2019s 3QFY23 wireless revenue growth of 2.5% on-quarter is broadly in line with estimates and marginally higher vs that reported by Jio, resulting in revenue market share for Bharti expanding by 30 bps qoq, or 130 bps over the last four quarters.
Airtel\u2019s consolidated net profit for the fiscal third quarter rose 91% on-year to rs 1588.2 crore, helped mainly by strong 4G user additions , data consumption growth and lower spectrum usage charges (SUC). Its quarterly net profit, though, fell nearly 26% sequentially, missing estimates, mainly due to an exceptional charge of around Rs 670 crore in the December quarter.
<\/div><\/div>Brokerage CLSA said Airtel\u2019s net profit in the December quarter fell 26% sequentially, hit by a Rs 670 crore exceptional charge and hefty provisions by Indus due to Vodafone Idea\u2019s financial challenges.
Indus Towers<\/a>, in which Airtel is the biggest shareholder, had to make a hefty Rs 2,298.1 crore provision towards doubtful debt in December quarter after Vi indicated likely challenges in meeting its future higher payment commitments to the tower company from January.
Indus Towers<\/a>, in which Airtel is the biggest shareholder, had to make a hefty Rs 2,298.1 crore provision towards doubtful debt in December quarter after Vi indicated likely challenges in meeting its future higher payment commitments to the tower company from January.