Bharti Hexacom IPO Review & Recommendations

Bharti Hexacom IPO Peer Comparison

Bharti Hexacom Limited peer comparison with similar listed entities. (As on March 31, 2023)

Source: The financial information for listed industry peers mentioned above is based on annual reports of peer companies for the year ended March 31, 2023 submitted to stock exchanges. Further, with respect to the Company, the information is based on Restated Financial Statement. #Closing price is taken for the fully paid up equity share capital of ₹ 5 each.

Note

1: Basic and Diluted EPS refers to the Basic and Diluted EPS sourced from the publicly available financial results of the respective peer companies for the year ended March 31, 2023.

2: P/E Ratio of peers has been computed based on the closing market price (i.e., March 11, 2024) of equity shares on BSE, divided by the Diluted EPS provided under Note 1 above.

3: Return on Net Worth (%) = Net profit/(loss) after tax / Net worth at the end of the financial year ended 2023.

4: Net worth of peer companies is total of equity share capital and other equity. Further net worth of Company means aggregate of equity share capital and other equity excluding debenture redemption reserve, capital redemption reserve and capital reserve (which is in line with disclosure made under Regulation 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 to stock exchange by the Company).

5: NAV of the peer is computed as total of equity share capital and other equity (excluding non-controlling interest) at the end of the year / total number of equity shares outstanding at the end of the year. Further, NAV of the Company is computed as total assets less total liabilities at the end of the year / total number of equity shares outstanding at the end of the year.