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Bharti Airtel (BOM:890157) Gross Margin % : 67.94% (As of Sep. 2024)


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What is Bharti Airtel Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Bharti Airtel's Gross Profit for the three months ended in Sep. 2024 was ₹281,749 Mil. Bharti Airtel's Revenue for the three months ended in Sep. 2024 was ₹414,733 Mil. Therefore, Bharti Airtel's Gross Margin % for the quarter that ended in Sep. 2024 was 67.94%.


The historical rank and industry rank for Bharti Airtel's Gross Margin % or its related term are showing as below:

BOM:890157' s Gross Margin % Range Over the Past 10 Years
Min: 50.61   Med: 56.69   Max: 78.71
Current: 64.54


During the past 13 years, the highest Gross Margin % of Bharti Airtel was 78.71%. The lowest was 50.61%. And the median was 56.69%.

BOM:890157's Gross Margin % is ranked better than
72.49% of 349 companies
in the Telecommunication Services industry
Industry Median: 49.45 vs BOM:890157: 64.54

Bharti Airtel had a gross margin of 67.94% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bharti Airtel was 5.10% per year.


Bharti Airtel Gross Margin % Historical Data

The historical data trend for Bharti Airtel's Gross Margin % 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 Gross Margin % Chart

Bharti Airtel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.89 57.00 61.04 63.15 64.29

Bharti Airtel Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % 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 67.06 67.10 56.01 66.69 67.94

Competitive Comparison of Bharti Airtel's Gross Margin %

For the Telecom Services subindustry, Bharti Airtel's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bharti Airtel's Gross Margin % falls into.



Bharti Airtel Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Bharti Airtel's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=964303 / 1499824
=(Revenue - Cost of Goods Sold) / Revenue
=(1499824 - 535521) / 1499824
=64.29 %

Bharti Airtel's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=281749 / 414733
=(Revenue - Cost of Goods Sold) / Revenue
=(414733 - 132984) / 414733
=67.94 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Bharti Airtel  (BOM:890157) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bharti Airtel had a gross margin of 67.94% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Bharti Airtel Gross Margin % Related Terms

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Bharti Airtel 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 provide connectivity to the mobile services business in India. It also includes intra-city fibre networks.

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