Vodafone Idea Ltd

₹ 11.5 -1.12%
07 Jan
🔗 Website | BSE: 532822 | NSE: IDEA
1,24,161
11.5
12.8
—
-7.58
0.00
-2.07
—

ABOUT

Vodafone Idea is one of the leading telecom service providers in India. The Company is engaged in the business of Mobility and Long Distance services, trading of handsets and data cards.[1]

Stock Analysis

Description

  • Vodafone Idea is one of the leading telecom service providers in India. The Company is engaged in the business of Mobility and Long Distance services, trading of handsets and data cards.

Key Growth Triggers

  • The recent DoT relief on AGR dues is a crucial factor for financial stability, potentially enabling future investment in network expansion and services by alleviating a major financial burden.

Order Book

  • Currently no data available for Order Book.

Key Red Flags

  • Despite the significant relief on AGR dues, Vodafone Idea continues to face challenges including substantial debt, a negative net worth, and ongoing operational considerations. The final outcome from the DoT's reassessment committee will also be a critical factor to monitor.

Key Dates To Watch

  • Key dates include the commencement of annual payments from March 2026 and the formation and decision of the DoT's AGR reassessment committee.

Peer Comparison

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Bharti Airtel2084.2038.931253681.770.778650.8065.1152145.4025.7313.48194613.5056.0132200.306791.7010.095.351.77
2.Vodafone Idea11.46124161.120.00-5583.9022.0311068.002.09-2.0743877.3040.53-26234.00-5621.50-14.48
3.Bharti Hexacom1780.7055.4989062.390.56421.2066.422317.3010.4717.449120.0051.411604.91421.2014.267.041.06
4.Tata Comm1799.9051.4151311.371.39183.21-18.246099.756.4914.7923848.0219.35998.02193.8718.015.224.68
5.Tata Tele. Mah.48.309422.860.00-320.822.90286.13-16.7050.321211.4248.68-1263.53-320.82-98.17
6.M T N L36.002266.740.00-960.20-7.85189.76-28.83-6.76688.90-65.41-3567.30-960.20-31.75
7.Reliance Communi1.09301.440.00-2701.00-174.1987.00-1.14344.00-24.71-213.61-85.00-25.62

Quarterly Results

Figures in Cr.

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
10,55310,59411,02410,57610,41210,90610,47510,50010,88010,54610,65110,84111,068
YOY Sales Growth %
9.42%0.39%4.06%2.25%-1.55%4.74%3.04%0.24%3.61%13.14%1%1.78%2.09%
Expenses
6,4986,3946,4726,5726,4046,5506,3846,3386,4596,5876,4976,4916,611
Material Cost %
0.01%0%0%0.01%0%0%0.01%0%0%0.01%0.01%0%0%
Employee Cost %
4.16%4.66%4.48%4.31%4.76%4.48%4.19%4.71%4.58%3.76%4.54%4.89%4.97%
Operating Profit
4,0554,2004,5534,0034,0084,3554,0914,1624,4203,9604,1544,3514,457
OPM %
38%40%41%38%38%40%39%40%41%38%39%40%40%
Other Income
2376738217264225-68132178620304146
Exceptional items
07561420076-1480000038
Other income normal
23112401726414980132178620304108
Interest
6,3116,5125,9446,4005,5195,8764,9996,2826,4626,1326,5706,6064,772
Depreciation
5,7225,4465,4845,4595,2245,3375,5435,5725,4445,4775,5115,2585,415
Profit before tax
-7,954-6,991-6,493-7,839-6,471-6,633-6,519-7,679-7,269-7,563-7,906-7,210-5,584
Tax %
0%0%0%0%0%0%0%0%0%0%10%0%0%
Net Profit
-7,954-6,991-6,493-7,839-6,471-6,633-6,519-7,679-7,269-7,563-8,728-7,210-5,584
EPS in Rs
-2.48-1.44-0.93-1.61-0.95-0.61-1.34-1.53-1.02-2.35-1.79-1.03-0.52

Profit & Loss

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
26,17931,27935,80435,27927,82936,86044,71541,67338,22141,91742,32143,15743,877
Sales Growth %
—————————————
Expenses
18,88221,58823,89125,20222,16632,91030,09825,24422,85225,69925,85025,90326,092
Material Cost %
—————————————
Raw material cost
—————————————
Change in inventory
—————————————
Manufacturing Cost %
—————————————
Employee Cost %
—————————————
Other Cost %
—————————————
Operating Profit
7,2989,69211,91310,0765,6633,94914,61716,42815,36916,21816,47217,25417,785
OPM %
28%31%33%29%20%11%33%39%40%39%39%40%41%
Other Income
2224491842126212,320-37,638-21,8452251808661,245970
Exceptional items
—————————————
Other income normal
—————————————
Interest
8219471,8024,0074,9309,55115,37717,99220,97323,34425,76324,53023,054
Depreciation
4,0934,8556,2237,7008,31514,41023,88922,90622,85822,36221,98821,41121,680
Profit before tax
2,6054,3394,071-1,419-6,961-17,692-62,287-46,314-28,237-29,308-30,414-27,442-25,978
Tax %
35%35%35%-41%-36%-21%17%0%0%0%3%0%—
Net Profit
1,6892,8102,646-831-4,458-14,055-73,132-46,294-28,237-29,308-31,236-27,442-25,978
Exceptional items AT
—————————————
Profit excl Excep
—————————————
Profit for PE
—————————————
Profit for EPS
—————————————
EPS in Rs
1.552.372.23-0.7-3.11-4.89-25.45-16.11-8.79-6.02-6.23-3.84-3.08
Dividend Payout %
8%8%8%0%0%0%0%0%0%0%0%0%—

Balance Sheet

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
3,3203,5983,6013,6054,3598,73628,73528,73532,11948,68050,12071,3931,08,343
Reserves
12,26518,29221,16520,11826,24254,785-19,734-66,443-93,555-1,22,518-1,53,764-1,41,249-1,90,423
Borrowings
19,36225,87540,54155,05357,9851,25,9401,15,1181,80,3832,13,8982,37,9832,44,0192,33,3032,22,070
Long term Borrowings
17,14416,00635,90451,63856,9411,04,40396,2801,57,4161,75,9511,89,2902,02,8961,82,7681,82,214
Short term Borrowings
6091511,64634224,1211547315,12312,5304,98913,6421,637
Lease Liabilities
—————————————
Other Borrowings
1,6089,7182,9923,3821,02317,41618,68322,8950000—
Other Liabilities
9,0429,91013,34916,98513,36543,6111,04,76860,45641,46943,12944,62734,01147,906
Trade Payables
2,6342,9703,2043,9923,54912,67511,48013,16713,32413,71113,64110,8609,061
Advance from Customers
1,0991,2561,2601,3711,4072,5872,6192,4332,7612,6272,6492,910—
Other liability items
5,3095,6848,88511,6228,40928,34990,66844,85625,38426,79128,33620,24138,845
Total Liabilities
43,98857,67678,65595,7621,01,9512,33,0712,28,8862,03,1311,93,9312,07,2731,85,0011,97,4581,87,896
Fixed Assets
26,02432,11464,97176,12579,6851,76,6621,80,0581,62,2221,52,0201,51,9811,36,4041,37,8991,52,834
Land
139012121236191919191919—
Building
16717588108108265262222220218215220—
Plant Machinery
32,78336,04525,42831,13838,23488,06886,73287,27290,22092,09392,37698,198—
Equipments
3613685181100234224198188188178171—
Furniture & fittings
—————————————
Vehicles
1401498513118016213910179704116—
Intangible Assets
10,32417,40244,28756,56460,7991,48,8241,55,4741,55,4741,55,6391,57,3741,51,5211,57,00796,854
Other fixed assets
1,3301,4441,1101,5561,9614,20730,68232,36038,66956,22659,22562,152—
Gross Block
45,27955,84371,10889,6851,01,4902,41,9722,73,7022,75,7852,85,1633,06,3183,03,6933,17,908—
Accumulated Depreciation
19,25523,7296,13613,56021,80565,31093,6441,13,5631,33,1431,54,3371,67,2891,80,010—
CWIP
11,3805,0796,0397,5293,5855,07795654132617,81818,02617,917544
Investments
1,64112,8142,5006,25112,45613,3674,959288288163163162388
Other Assets
4,9437,6685,1455,8576,22437,96642,91340,08041,29737,31230,40941,48034,130
Inventories
495885543400000000
Trade receivables
7709321,1361,2588873,3082,9192,4412,3922,1242,1221,9251,800
Receivables under 6m
7609401,5261,8411,6234,7994,1463,5332,0991,8821,8821,791—
Receivables over 6m
3643510000001,3331,2651,2381,095—
Prow for Doubtful
—————————————
Cash Equivalents
1401,54275831227852,5342,0143,37877245410,4713,151
Loans & Advances
—————————————
Other Assets items
—————————————
Total Assets
43,98857,67678,65595,7621,01,9512,33,0712,28,8862,03,1311,93,9312,07,2731,85,0011,97,4581,87,896

Cash Flows

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
7,5319,47410,85310,1405,1675,2886,92115,12616,86118,36620,1648,441
Profit from operations
7,3529,87112,13310,3035,7662,11013,87815,73415,60916,32316,57117,258
Receivables
43-270-360-353219327-66232-72171-149107
Inventory
6-10-2731203600-0-000
Payables
589414281873-4584,211-1,219729-84-231-959-3,533
Loans Advances
1193860000000000
Other WC items
-4443281-126-64-1,577-8,135-2,272-767511,779-5,694
Working capital changes
713563-450426-2832,997-9,420-1,312-232691672-9,119
Direct taxes
-534-959-830-588-3151822,4637031,4841,3522,921303
Cash from Investing Activity
-6,300-5,405-2,302-15,660-9,087-1,784-2,3151,570-5,223-4,966-1,267-15,284
Fixed assets purchased
-3,389-3,843-7,117-11,898-8,604-7,637-7,651-5,070-5,880-5,445-1,495-10,078
Fixed assets sold
15280036581701741167984103
Investments purchased
000-3,085-687-376000000
Investments sold
22135010,4710006,54249518292419
Interest received
0013261129583176549238488
Redeemp Cnce of Shares
————————————
Acquisition of companies
0000-99-86-6500000
Other investing items
-3,144-1,935-5,787-68201,599-1,8795,68347028285-5,816
Cash from Financing Activity
-2,1818,544-9,3304,9073,924-2,913-4,877-16,774-10,464-14,593-18,9656,907
Redemption of debentures
————————————
Proceeds from borrowings
9778,2181,51511,5164,4959,1783,5141622,9193,8422,2911,058
Repayment of borrowings
-2,442-2,693-10,163-3,086-1,802-7,004-11,474-4,561-8,150-8,877-9,668-2,911
Interest paid fin
-626-550-439-3,273-5,491-5,079-15,251-2,830-2,804-2,097-2,885-2,102
Dividends paid
-116-168-260-26000000000
Financial liabilities
000000-6,582-9,545-6,928-7,893-8,702-13,276
Other financing items
00006,716-800043200
Net Cash Flow
-95012,613-779-6134592-271-781,174-1,193-6764

Ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
111112131233242123181816
Inventory Days
————————————
Days Payable
————————————
Cash Conversion Cycle
111112131233242123181816
Working Capital Days
-86-169-107-148-93-416-623-429-410-371-327-266
ROCE %
11%12%10%4%-3%-7%-5%-5%-5%-4%-4%-2%

Shareholding Pattern

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
74.99%50.36%50.36%50.36%50.36%48.91%38.17%37.32%37.32%38.8%25.57%25.57%
Al-Amin Investments Ltd
2.531.671.671.671.671.621.21.171.171.140.750.75
Asian Telecommunications Investments (Mauritius) Limited
3.052.012.012.012.011.961.441.411.411.370.90.9
Birla Group Holdings Private Limited
——————0.520.510.510.50.330.33
Birla Tmt Holdings Private Limited
1.10.730.730.730.730.71——————
Cc Ii (Mauritius) Inc
1.390.920.920.920.920.890.660.640.640.620.410.41
Elaine Investments Pte Ltd
2.681.771.771.771.771.721.271.241.241.210.790.79
Euro Pacific Securities Ltd
16.0811.4911.4911.4911.4911.168.248.028.027.835.165.16
Grasim Industries Ltd
10.336.826.826.826.826.624.894.764.764.653.063.06
Hindalco Industries Limited
2.341.541.541.541.541.51.111.081.081.050.690.69
Igh Holdings Private Limited
1.270.840.840.840.840.810.60.580.580.570.380.38
Kumar Mangalam Birla
00000000.030.030.030.020.02
Mobilvest
5.223.443.443.443.443.342.472.42.42.351.551.55
Omega Telecom Holdings Private Limited
0.870.570.570.570.570.560.410.40.41.911.261.26
Oriana Investments Pte Ltd
9.326.156.156.156.155.976.476.36.36.154.054.05
Pilani Investment And Industries Corporation Limited
0.340.220.220.220.220.220.160.270.270.270.170.17
Prime Metals Ltd
8.585.665.665.665.665.54.063.953.953.862.542.54
Trans Crystal Ltd_
4.5533332.922.152.12.12.051.351.35
Usha Martin Telematics Limited
0.280.190.190.190.190.180.130.130.130.980.650.65
Vodafone Telecommunications (India) Limited
5.063.343.343.343.343.242.392.332.332.281.51.5
FIIs
3.59%2.28%2.29%2.46%2.27%1.97%12.67%12.69%10.17%10.1%5.98%5.99%
GQG Partners Emerging Markets Equity Fund
——————2.231.04————
DIIs
1.21%0.54%0.73%1.8%3.05%2.2%7.44%4.86%4.28%4.9%4.14%4.74%
Motilal Oswal Nifty Midcap 150 Index Fund
——————1.21—————
Government
0.06%33.18%33.18%33.18%33.18%32.23%23.8%23.18%23.18%22.63%49.02%49.02%
Public
20.14%13.64%13.44%12.19%11.14%14.69%17.89%21.94%25.05%23.55%15.28%14.69%
Others
————————————
No. of Shareholders
29,68,30831,38,33831,88,35631,04,41031,24,12836,79,06147,58,35453,69,11459,76,50760,54,75561,82,20861,55,526

News & Updates

Documents

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3h - Certificate per SEBI Reg. 74(5) for quarter ended 31 Dec 2025 submitted by Vodafone Idea (from Bigshare RTA).
Intimation Pursuant To Regulation 30 Of The SEBI Listing Regulations, 2015
1d - Rs.8.77 crore penalty ordered (Jan 5, 2026) for alleged service tax on SMS termination Apr 2011–Sep 2012.
Intimation Pursuant To Regulation 30 Of The SEBI Listing Regulations, 2015
1 Jan - CGST order dated 31-12-2025: penalty demand Rs.6,37,90,68,254 plus interest; company will legally contest.

Annual Reports

Credit Ratings

Rating update
21 Apr 2025 from care
Rating update
11 Apr 2025 from icra
Rating update
26 Dec 2024 from care
Rating update
4 Jun 2024 from care
Rating update
1 Nov 2023 from care
Rating update
24 Aug 2023 from care

Concalls

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Nov 2021
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PPT
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