Archive · 21 May 2025
S&P Global: Airtel's FY26 Cash Flow to Rise, Boosted by Indus and Africa
S&P Global, a ratings company, believes Airtel will have more money coming in during the fiscal year 2026.
This is due to its tower business, Indus, and its strong performance in Africa.
Airtel's earnings are expected to grow, improving its ability to pay off debt.
Airtel's Africa business made a good profit recently, which helps.
However, the company that controls Airtel, Bharti Telecom Ltd (BTL), has more debt because it has been buying more shares of Airtel.
S&P Global expects Bharti Airtel to report higher cash flows in FY26.
Rising earnings are anticipated to strengthen Airtel's FFO to debt ratio.
The consolidation of Indus Towers will contribute to Airtel's earnings.
Airtel Africa reported an $80 million net profit in the March quarter.
BTL's debt is increasing due to its rising stake in Airtel.
- Who
- S&P Global made the financial forecast for Airtel.
- What
- S&P Global expects Bharti Airtel to report higher cash flows in FY26.
- When
- FY26 is the projection period for the forecast.
- Where
- The report is about Bharti Airtel's financial standing.
- Why
- S&P Global expects rising earnings to strengthen Airtel’s ratio of funds from operations (FFO) to debt.
- Company
- Bharti Airtel
- Agency
- S&P Global
- Fiscal Year
- FY26
- Airtel Africa Net Profit (March Quarter)
- $80 million
- Airtel Africa Quarterly Revenue
- $1.31 billion (18% on-year increase)
- BTL Net Debt (March 31, 2025)
- ₹40,000 crore