Airtel Uganda Limited delivered strong FY2025 results, with profit after tax increasing by 41.1% and EBITDA margins expanding to 54.9%, highlighting strong financial performance and operational efficiency.

The company’s share price stands at UGX 101, slightly above its UGX 100 IPO price, while the FY2025 dividend of UGX 11.15 per share provides an attractive dividend yield of approximately 11%.

Given the company’s growing customer base, rising revenues, strong profitability, and attractive dividend returns, JSR Consulting recommends a BUY on Airtel Uganda shares.