India Mobile Services
Core business offering voice and data services across 2G, 4G, and expanding 5G networks.
Airtel is rapidly rolling out 5G Plus services under its “Airtel 5G Ready” initiative.
Strong subscriber base exceeding 350 million users in India.
Airtel Business
Offers B2B solutions such as cloud, cybersecurity, IoT, and connectivity to enterprises.
Works with large corporates and government clients, making it a key growth engine.
Home Services
Provides Airtel Xstream Fiber, delivering high-speed broadband and digital entertainment.
Expanding reach into smaller cities with growing broadband demand.
Digital TV (DTH)
Operates Airtel Digital TV, one of India’s leading DTH services.
Competes directly with Tata Play and Dish TV.
Africa Operations
Airtel Africa serves over 150 million customers across 14 countries.
It’s a key profit contributor and listed separately on the London Stock Exchange.
Financial Snapshot
Market Capitalization: Around ₹7.8 lakh crore.
Current Share Price: Approximately ₹1,540.
P/E Ratio: Around 64x.
ROE: ~10–12%.
Debt-to-Equity Ratio: ~1.0 (due to heavy network and spectrum investments).
Dividend Yield: Around 0.4%.
For FY25, Airtel reported strong revenue and profit growth, supported by:
Higher Average Revenue Per User (ARPU) (~₹210+ and rising steadily).
Rapid expansion of 5G and fiber broadband connections.
Consistent performance in African markets.