Bharti Tele-Ventures Financial Analysis

BHARTI TELE-VENTURES

Financial Report for 2004-2005

BHARTI TELE-VENTURES

Introduction…………………………………………………………….... 3

Objective………………………………………………………………….3

A brief introduction of the company…………………………………….. 4

Organization Structure……………………………………………………5

Bharti’s SWOT analysis…………………………………………………..5

The literature Search……………………………………………………....6

Ratio Analysis………………………………………………………….....6

Conclusions and Recommendations……………………………………..14

Limitations……………………………………………………………….14

Bibliography

Appendix 1. Financial Statement

Appendix 2. Ratios on Spread sheet

Introduction

Telecommunication is one of the fastest growing sector in India. Today one out of three people have a mobile in the world (source Economic Times, 18th Sep.2005); while in India the ratio is 9.7 out of 100 this shows the growth potential of the sector.

Year 1995 2000 2005

Teledensity per100 0.8 2.7 9.7

Source Business Today 25th Sep. 2005

Currently subscriber base of mobile is of 60mn in India and government is expecting to achieve 250mn telecom subscriber by end 2007. For this they are targeting lower income group people.

Year 1995 2000 2005

Subscriber Negligible 1.9mn 60.3mn

Source Business Today 25th Sep. 2005

One of the reason for this phenomenal growth is lower tariff .Our tariff structure is lowest in world in 1995 it was Rs.14.5