Vodafone Idea Ltd.

•

myvi.inBSE: 532822NSE: IDEA

Market Cap₹ 1,62,081 Cr.

Current Price

High / Low₹ 16 / 7

Stock P/E4.3

Book Value₹ -4

Price to Book-2.58

Dividend Yield0.00 %

ROCE46.8 %

ROE0.0 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2018 • Mobility: 96.8% • LD: 1.7% • PI: 1.5%

AI Sector View

AI GENERATED

Telecommunication

Hold

Telecom operating proxies are steady, with telecom subscriber base up 11.0% YoY (2026-06) and broadband subscriber base also up 11.0% YoY (2026-06). However, persistent FPI outflows of INR -11055 crore over 3 months to 2026-08-31 suggest weak investor appetite. That combination supports a neutral rather than positive stance.

Confidence

58%

View full sector analysis →

PROS

Company is almost debt free
Company generates healthy free cash flow
Institutional investors have been accumulating - FII+DII up 2.1pp

CONS

Net worth is negative - accumulated losses have eroded equity
Promoter holding has decreased over last 2 years: -12.5pp
Company has a low return on equity of 0.0% over last 3 years
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -2.06x)
Equity base is being diluted - shares outstanding up 122.6%
Effective tax rate is unusually low at -0.0% - earnings may be flattered

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

TelecommunicationTelecomTelecommunication - Service Provider

Part ofNIFTY 500 NIFTY ALPHA 50 NIFTY LARGEMID250 NIFTYLARGEMIDCAP250 NIFTY MIDCAP 100

S.No.	Name
1.	BHARTIARTL	1832.00	39.54	1143379.47	1.31	10011.60	34.89	58539.10	18.35	25.05	57.07
2.	IDEA	14.96	4.33	162081.18	0.00	-3754.00	43.19	11689.00	6.19	46.77	43.07
3.	INDUSTOWER	387.65	14.30	102268.38	3.61	1745.80	0.52	8431.10	4.64	30.51	53.11
4.	BHARTIHEXA	1543.45	42.31	77172.50	1.17	4824.00	1131.87	25099.00	1009.10	29.30	52.68
5.	TATACOMM	1763.25	53.15	50267.73	0.99	129.72	-31.78	6582.82	10.45	15.75	18.75
6.	RAILTEL	259.85	41.36	8339.58	1.25	38.39	48.51	467.61	24.08	23.03	15.86
7.	TTML	35.59	86.72	6957.59	0.00	-72.15	77.80	301.57	6.09	157.86	53.91
8.	HATHWAY	10.25	23.94	1814.36	0.00	24.56	-20.85	565.10	6.52	2.55	13.43
9.	MTNL	24.71	0.00	1556.73	0.00	-842.36	10.69	216.89	229.92	-6.76	-15.07
10.	GTL	7.25	0.14	114.04	0.00	4520.66	2243.77	497.08	-28.12	0.00	27.04

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	10,610	10,715	10,673	10,574	10,487	10,918	11,100	10,951	11,008	11,170	11,308	11,303	1,16,890
	6,498	6,434	6,323	6,271	6,304	6,382	6,405	6,356	6,410	6,510	6,506	6,443	1,72,420
Operating Profit	4,112	4,282	4,350	4,303	4,183	4,536	4,695	4,595	4,598	4,660	4,802	4,860	-55,530
OPM %	38.75%	39.96%	40.76%	40.70%	39.89%	41.54%	42.30%	41.96%	41.77%	41.72%	42.47%	43.00%	-47.51%
	21	34	780	32	256	300	250	214	142	140	1,271	57,595	-14,160
Interest	6,398	6,569	6,518	6,280	5,519	6,614	5,940	6,471	5,893	4,784	5,828	4,990	51,200
Depreciation	5,616	5,667	5,598	5,751	5,369	5,404	5,629	5,571	5,472	5,568	5,550	5,518	54,670
Profit before Tax	-7,836	-7,919	-6,986	-7,663	-6,427	-7,168	-6,607	-7,169	-6,611	-5,527	-5,290	51,976	-37,470
Tax %	-0.04%	-10.33%	0.01%	-0.11%	-0.09%	-0.11%	-0.03%	-0.00%	0.05%	0.06%	0.08%	0.01%	-0.19%
Net Profit	0	0	0	0	-6,432	-7,176	-6,609	-7,166	-6,608	-5,524	-5,286	51,970	-37,540
	-1.61	-1.79	-1.44	-1.57	-1.02	-1.03	-0.95	-1.01	-0.63	-0.51	-0.49	4.80	-0.35

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	35,576	28,279	37,092	44,958	41,952	38,516	42,177	42,652	43,572	44,873	45,470
	25,348	22,224	32,976	30,240	25,050	22,499	25,424	25,622	25,576	26,014	36,701
Operating Profit	10,227	6,054	4,116	14,717	16,902	16,016	16,753	17,030	17,996	18,859	8,769
OPM %	28.75%	21.41%	11.10%	32.74%	40.29%	41.58%	39.72%	39.93%	41.30%	42.03%	19.29%
	369	486	1,592	-36,986	-19,555	348	362	966	1,150	59,292	57,590
Interest	4,054	4,953	9,545	15,527	18,193	21,015	23,363	25,767	24,543	21,495	20,722
Depreciation	7,827	8,409	14,536	24,356	23,638	23,584	23,050	22,634	21,973	22,108	22,102
Profit before Tax	-863	-6,499	-18,175	-61,797	-44,253	-28,234	-29,298	-30,410	-27,368	34,548	37,412
Tax %	53.70%	35.87%	19.65%	-19.55%	0.05%	-0.04%	-0.01%	-2.72%	-0.06%	-0.01%	0.02%
Net Profit	-400	-4,168	-14,604	-73,878	-44,233	-28,245	-29,301	-31,238	-27,384	34,552	37,406
EPS	0.00	-11.36	-17.17	-27.26	-15.40	-9.83	-8.43	-6.23	-3.84	3.19	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: 2%
5 Years:: 1%
3 Years:: 2%

COMPOUNDED PROFIT GROWTH

10 Years:: 29%
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: -11%
5 Years:: 12%
3 Years:: 13%
1 Year:: 102%

RETURN ON EQUITY

10 Years:: -28%
5 Years:: 0%
3 Years:: 0%
Last Year:: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	3,605	4,359	8,736	28,735	28,735	32,119	48,680	50,120	71,393	1,08,343
	20,993	22,823	50,832	-22,821	-67,000	-94,089	-1,23,043	-1,54,289	-1,78,664	-1,44,101
	53,203	60,129	1,23,203	1,24,847	1,79,030	1,97,072	2,23,030	2,35,002	2,12,551	1,87,645
Trade Payables	4,078	3,548	12,649	11,767	13,276	13,170	13,536	13,436	10,747	8,826
	14,789	6,513	23,941	84,389	49,436	45,755	45,025	40,715	81,828	30,908
Total Liabilities	96,668	97,372	2,19,361	2,26,918	2,03,478	1,94,026	2,07,229	1,84,984	1,97,855	1,91,621
	76,763	79,692	1,77,733	1,85,770	1,67,490	1,56,819	1,56,255	1,40,125	1,41,320	1,43,086
Capital Work in Progress	1,330	651	2,359	1,042	600	324	300	639	2,472	1,454
	6,378	7,290	8,239	1,979	4	5	6	0	0	107
	59	37	4	2	1	2	16	1	1	21
	0	0	0	0	0	0	0	2,195	2,000	1,969
Cash & Bank	83	29	991	2,663	2,216	3,497	855	536	10,568	5,731
	12,054	9,672	30,036	35,461	33,167	33,380	49,796	41,488	41,494	39,253
Total Assets	96,668	97,372	2,19,361	2,26,918	2,03,478	1,94,026	2,07,229	1,84,984	1,97,855	1,91,621

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	11,157	5,749	5,068	4,921	14,849	15,918	17,524	20,826	9,290	19,411
Cash from Investing	-15,556	-9,272	-7,379	-2,790	1,075	-5,730	-5,414	-1,907	-16,248	-6,104
Cash from Financing	4,506	3,925	-2,949	-5,019	-16,731	-10,554	-14,680	-18,980	7,047	-11,458
	-574	-14	-4,980	-481	-17	1,103	-1,224	-61	89	1,849

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
38.17	37.32	37.32	38.80	25.57	25.57	25.57	25.64	25.64
12.67	12.69	10.17	10.10	5.98	5.99	5.99	5.56	6.17
7.44	4.86	4.28	4.90	4.14	4.74	5.59	6.19	6.05
23.77	23.15	23.15	22.60	49.00	49.00	49.00	49.00	49.00
17.89	21.95	25.07	23.56	15.30	14.69	13.83	13.59	13.13

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-01

Press Release

2026-09-01 - Vodafone Idea Limited has informed the Exchange about media release on new brand identity.

2026-09-01

General Updates

2026-09-01 - Vodafone Idea Limited has informed the Exchange about change in Logo of the Company

2026-08-31

General Updates

2026-08-31 - Vodafone Idea Limited has informed the Exchange regarding ESG Rating of the Company for FY 2026 by CRISIL ESG Ratings and Analytics Limited

2026-08-28

Shareholders meeting

2026-08-28 - Vodafone Idea Limited has submitted to the Exchange a copy Srutinizers Report of Annual General Meeting held on 27 August 2026. Further, the company has informed the Exchange regarding voting results

2026-08-27

Shareholders meeting

2026-08-27 - Vodafone Idea Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on 27 August 2026.

2026-08-25

News Verification

2026-08-25 - The Exchange has sought clarification from Vodafone Idea Limited with respect to recent news item captioned Delhi HC raps I-T dept over Rs 53 crore Vodafone Idea refund delay. The response from the Company is attached.

2026-08-25

News Verification

2026-08-18

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-18 - Transcript of the Analyst/ Investor call held on 11 August 2026 relating to Company's performance for the first quarter ended 30 June 2026.

2026-08-12

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-12 - Vodafone Idea Limited has informed the Exchange about Schedule of Analyst/ Institutional Investor Meeting(s)

News

Recent coverage and analyst commentary for IDEA

Loading news…

🤖

AI Stock Analyst

Vodafone Idea Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

BHARTIARTL

1832.00

39.54

1143379.47

1.31

10011.60

34.89

58539.10

18.35

25.05

57.07

IDEA

14.96

4.33

162081.18

0.00

-3754.00

43.19

11689.00

6.19

46.77

43.07

INDUSTOWER

387.65

14.30

102268.38

3.61

1745.80

0.52

8431.10

4.64

30.51

53.11

BHARTIHEXA

1543.45

42.31

77172.50

1.17

4824.00

1131.87

25099.00

1009.10

29.30

52.68

TATACOMM

1763.25

53.15

50267.73

0.99

129.72

-31.78

6582.82

10.45

15.75

18.75

RAILTEL

259.85

41.36

8339.58

1.25

38.39

48.51

467.61

24.08

23.03

15.86

TTML

35.59

86.72

6957.59

0.00

-72.15

77.80

301.57

6.09

157.86

53.91

HATHWAY

10.25

23.94

1814.36

0.00

24.56

-20.85

565.10

6.52

2.55

13.43

MTNL

24.71

0.00

1556.73

0.00

-842.36

10.69

216.89

229.92

-6.76

-15.07

GTL

7.25

0.14

114.04

0.00

4520.66

2243.77

497.08

-28.12

0.00

27.04

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

10,610

10,715

10,673

10,574

10,487

10,918

11,100

10,951

11,008

11,170

11,308

11,303

1,16,890

6,498

6,434

6,323

6,271

6,304

6,382

6,405

6,356

6,410

6,510

6,506

6,443

1,72,420

Operating Profit

4,112

4,282

4,350

4,303

4,183

4,536

4,695

4,595

4,598

4,660

4,802

4,860

-55,530

OPM %

38.75%

39.96%

40.76%

40.70%

39.89%

41.54%

42.30%

41.96%

41.77%

41.72%

42.47%

43.00%

-47.51%

780

256

300

250

214

142

140

1,271

57,595

-14,160

Interest

6,398

6,569

6,518

6,280

5,519

6,614

5,940

6,471

5,893

4,784

5,828

4,990

51,200

Depreciation

5,616

5,667

5,598

5,751

5,369

5,404

5,629

5,571

5,472

5,568

5,550

5,518

54,670

Profit before Tax

-7,836

-7,919

-6,986

-7,663

-6,427

-7,168

-6,607

-7,169

-6,611

-5,527

-5,290

51,976

-37,470

Tax %

-0.04%

-10.33%

0.01%

-0.11%

-0.09%

-0.11%

-0.03%

-0.00%

0.05%

0.06%

0.08%

0.01%

-0.19%

Net Profit

-6,432

-7,176

-6,609

-7,166

-6,608

-5,524

-5,286

51,970

-37,540

-1.61

-1.79

-1.44

-1.57

-1.02

-1.03

-0.95

-1.01

-0.63

-0.51

-0.49

4.80

-0.35

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

35,576

28,279

37,092

44,958

41,952

38,516

42,177

42,652

43,572

44,873

45,470

25,348

22,224

32,976

30,240

25,050

22,499

25,424

25,622

25,576

26,014

36,701

Operating Profit

10,227

6,054

4,116

14,717

16,902

16,016

16,753

17,030

17,996

18,859

8,769

OPM %

28.75%

21.41%

11.10%

32.74%

40.29%

41.58%

39.72%

39.93%

41.30%

42.03%

19.29%

369

486

1,592

-36,986

-19,555

348

362

966

1,150

59,292

57,590

Interest

4,054

4,953

9,545

15,527

18,193

21,015

23,363

25,767

24,543

21,495

20,722

Depreciation

7,827

8,409

14,536

24,356

23,638

23,584

23,050

22,634

21,973

22,108

22,102

Profit before Tax

-863

-6,499

-18,175

-61,797

-44,253

-28,234

-29,298

-30,410

-27,368

34,548

37,412

Tax %

53.70%

35.87%

19.65%

-19.55%

0.05%

-0.04%

-0.01%

-2.72%

-0.06%

-0.01%

0.02%

Net Profit

-400

-4,168

-14,604

-73,878

-44,233

-28,245

-29,301

-31,238

-27,384

34,552

37,406

EPS

0.00

-11.36

-17.17

-27.26

-15.40

-9.83

-8.43

-6.23

-3.84

3.19

—

Dividend Payout %

0.00%

—

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Equity Capital

3,605

4,359

8,736

28,735

32,119

48,680

50,120

71,393

1,08,343

20,993

22,823

50,832

-22,821

-67,000

-94,089

-1,23,043

-1,54,289

-1,78,664

-1,44,101

53,203

60,129

1,23,203

1,24,847

1,79,030

1,97,072

2,23,030

2,35,002

2,12,551

1,87,645

Trade Payables

4,078

3,548

12,649

11,767

13,276

13,170

13,536

13,436

10,747

8,826

14,789

6,513

23,941

84,389

49,436

45,755

45,025

40,715

81,828

30,908

Total Liabilities

96,668

97,372

2,19,361

2,26,918

2,03,478

1,94,026

2,07,229

1,84,984

1,97,855

1,91,621

76,763

79,692

1,77,733

1,85,770

1,67,490

1,56,819

1,56,255

1,40,125

1,41,320

1,43,086

Capital Work in Progress

1,330

651

2,359

1,042

600

324

300

639

2,472

1,454

6,378

7,290

8,239

1,979

107

2,195

2,000

1,969

Cash & Bank

991

2,663

2,216

3,497

855

536

10,568

5,731

12,054

9,672

30,036

35,461

33,167

33,380

49,796

41,488

41,494

39,253

Total Assets

96,668

97,372

2,19,361

2,26,918

2,03,478

1,94,026

2,07,229

1,84,984

1,97,855

1,91,621

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

11,157

5,749

5,068

4,921

14,849

15,918

17,524

20,826

9,290

19,411

Cash from Investing

-15,556

-9,272

-7,379

-2,790

1,075

-5,730

-5,414

-1,907

-16,248

-6,104

Cash from Financing

4,506

3,925

-2,949

-5,019

-16,731

-10,554

-14,680

-18,980

7,047

-11,458

-574

-14

-4,980

-481

-17

1,103

-1,224

-61

1,849

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

38.17

37.32

38.80

25.57

25.64

12.67

12.69

10.17

10.10

5.98

5.99

5.56

6.17

7.44

4.86

4.28

4.90

4.14

4.74

5.59

6.19

6.05

23.77

23.15

22.60

49.00

17.89

21.95

25.07

23.56

15.30

14.69

13.83

13.59

13.13

Vodafone Idea Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Vodafone Idea Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI