IDEA · Vodafone Idea Ltd · Communications Services
IDEA · Vodafone Idea Ltd · Communications Services
As of 05 Nov close
52-week range
18.4% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹11,689 Cr
Revenue YoY
PAT YoY
+43.2%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
Not available from data source
P/S (TTM)
3.6
Sector P/E
16.1
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| IDEA (this stock) | 4.2 | Not available from data source | +82.1% | -97.6% | -5.25 | 0.0% |
| Bharti Airtel | 37.7 | 7.8 | +13.1% | +17.9% | 1.25 | +1.3% |
| Bharti Hexacom | 40.7 | 37.7 | +19.0% | +23.9% | 0.8 | +1.2% |
| Tata Communications | 59.4 | 15 | +3.7% | +27.4% | 3.55 | +1.0% |
Promoter
stable
FII
rising 1q
MF
5.64% (-0.29pp)
falling 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediumeconomictimes.indiatimes.com· 29 Oct 2026, 09:08 pmAhead of Market: 10 things that will decide stock market action on Friday
- lowbusiness-standard.com· 28 Oct 2026, 09:08 amJio adds 2.713 mn mobile users, Airtel gains 2.692 mn in Sept: Trai
- loweconomictimes.indiatimes.com· 26 Oct 2026, 10:08 pmAhead of Market: 10 things that will decide stock market action on Tuesday
- mediummacroeconomictimes.indiatimes.com· 22 Oct 2026, 09:33 pmAhead of Market: 10 things that will decide stock market action on Friday
- highcorporate actionrediff.com· 15 Oct 2026, 05:25 pmJio Platforms to Reliance Power: A look at India's 10 biggest IPOs
- lowlivemint.com· 15 Oct 2026, 04:34 pmBharti Airtel vs Vodafone Idea: Top 5 mutual funds by exposure — could Reliance Jio's listing reshuffle portfolios?
- lowbusiness-standard.com· 12 Oct 2026, 08:29 pmIT, telecom stocks decline as market selloff resumes amid FII outflows
- lowbusiness-standard.com· 30 Sept 2026, 09:45 amReplus Engitech, Indus Towers sign MoU to develop telecom energy storage
- lowzerodha.com· 30 Sept 2026, 08:56 amAdditional exposure margin on securities under MWPL
- mediummacroeconomictimes.indiatimes.com· 29 Sept 2026, 09:31 pmAhead of Market: 10 things that will decide stock market action on Wednesday
- mediumcorporate actionthehindubusinessline.com· 29 Sept 2026, 10:09 amBSE shares rise 1.6%, stock to replace Wipro in Nifty 50 reshuffle
- lowbusiness-standard.com· 14 Sept 2026, 11:35 pmSBI may soon issue sanction letter to Vi for its share of ₹35K cr funding
- loweconomictimes.indiatimes.com· 14 Sept 2026, 09:15 pmAhead of Market: 10 things that will decide stock market action on Tuesday
- mediumcorporate actioneconomictimes.indiatimes.com· 14 Sept 2026, 12:28 amVi eyes 35,000-crore loan to fund next decade's capex
- unknowneconomictimes.indiatimes.com· 11 Sept 2026, 06:00 amStocks in news: Canara Bank, Vodafone Idea, Premier Energies and ACME Solar
- unknowneconomictimes.indiatimes.com· 10 Sept 2026, 09:26 pmAhead of Market: 10 things that will decide stock market action on Friday
- unknowneconomictimes.indiatimes.com· 10 Sept 2026, 09:25 pmSBI-led group of lenders to provide $3.5 billion debt to Vodafone Idea
- unknownthehindubusinessline.com· 10 Sept 2026, 11:13 amVodafone Idea shares in focus: Why Jefferies is bullish?
- unknowneconomictimes.indiatimes.com· 09 Sept 2026, 05:17 pmVodafone Idea among 4 stocks that hit 52-week highs & rallied up to 22% in a month - Fresh Highs
- unknowneconomictimes.indiatimes.com· 07 Sept 2026, 09:35 pmAhead of Market: 10 things that will decide stock market action on Tuesday
Concalls & investor presentations
AI-generatedKey takeaway: Vodafone Idea Limited (VIL) presented an investor update on 15 September 2026, highlighting its strategic initiatives and operational metrics. The company emphasized its extensive network assets, including ~8,030 MHz of spectrum, 209,000+ unique sites, and 351,000+ km of optical fiber cable. VIL reported covering 487,000+ towns and villages, with 193+ million subscribers and 200+ cities with live 5G coverage. The presentation outlined a '1-2-3 Strategy' focusing on sustained subscriber growth, double-digit revenue growth, and tripling cash EBITDA within three years. VIL noted its 17-5-5 network play, aiming to regain coverage parity in key circles and expand 5G infrastructure. Brand initiatives included appointing Shah Rukh Khan as brand ambassador and launching a new ad campaign. Financial metrics showed improving trends, including subscriber additions, rising ARPU, and increasing data usage. The company also detailed digital initiatives, enterprise solutions, and AI-driven service improvements. The document included forward-looking statements about growth targets and strategic plans, but these were framed as management's stated expectations rather than confirmed outcomes. The presentation concluded with a disclaimer cautioning against reliance on forward-looking statements due to inherent risks and uncertainties.
The document presented factual data and strategic plans without overtly positive or negative language.
Sourced from an exchange-filed presentation, dated 15 Sept 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Vodafone Idea Limited reported its Q1 FY27 results during an analyst call on August 11, 2026. Management highlighted a 6.0% year-over-year revenue increase to Rs. 11,689 Crore and a 13.5% growth in Cash EBITDA, reaching Rs. 2,475 Crore. The company achieved its first quarter of positive net subscriber additions since the merger, with a total subscriber base of 193.1 million. Management noted a reduction in churn by 24 basis points year-over-year and significant expansion in 4G coverage to 87.0%. The average revenue per user (ARPU) grew by 10.2% year-over-year to Rs. 195, marking 20 consecutive quarters of growth. Management also discussed funding updates, including Rs. 1,183 Crore from warrant proceeds and a credit rating upgrade from CRISIL and ICRA. The company plans to invest Rs. 45,000 Crore over the next three years to support network expansion and enhance customer experience.
Management emphasized strong operational and financial performance, highlighting positive trends across key metrics.
Sourced from an exchange-filed transcript, dated 18 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Vodafone Idea Limited's investor presentation, dated June 30, 2026, provided an overview of the company's operations and strategic initiatives. Management highlighted the company's three decades of telecom expertise, improved credit ratings from Crisil and ICRA, and extensive network assets, including over 8,030 MHz of spectrum and a subscriber base of approximately 193 million. The presentation emphasized India's structural growth drivers, such as increasing technology adoption and government support for digital initiatives. Management outlined a strategy focused on sustained subscriber addition, double-digit revenue growth, and enhancing cash EBITDA. Key initiatives included expanding retail presence, enhancing customer service through AI, and capitalizing on ARPU growth. Financial metrics showed improvements in revenue, EBITDA, and ARPU, indicating positive trends in operational performance. The document concluded with a disclaimer regarding forward-looking statements and the confidential nature of the presentation.
Management emphasized growth opportunities and improving financial metrics.
Sourced from an exchange-filed presentation, dated 30 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Vodafone Idea Limited held its earnings conference call on May 18, 2026, to discuss its performance for Q4 FY26 and the full financial year. Management reported that the company stabilized its subscriber base at 192.8 million, marking the first quarter of stability since the merger. Revenue for Q4 FY26 was Rs. 11,332 Crore, reflecting a 2.9% year-on-year growth, while full-year revenue grew by 3.0% to Rs. 44,873 Crore. The company also noted an increase in Customer ARPU to Rs. 190, an 8.3% YoY growth. Management highlighted a significant reduction in AGR dues from Rs. 87,695 Crore to Rs. 64,046 Crore, which they stated improves the balance sheet and provides clarity on cash flows. The company plans to invest Rs. 45,000 Crore over the next three years to enhance network capacity and customer experience. Management expressed confidence in achieving sustained net customer additions and double-digit revenue growth.
Management emphasized significant improvements in financial performance and strategic initiatives.
Sourced from an exchange-filed transcript, dated 25 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedVodafone Idea Limited (IDEA) reported improved financial performance in FY2025-26, with ARPU reaching ₹190, a 8.3% increase YoY, and subscriber additions turning positive from February 2026. The company ended the year with 192.8 million subscribers, including 128.9 million on 4G/5G networks. Credit ratings were upgraded to A- (Stable) by CRISIL and ICRA. Promoter support remained strong, with Vodafone Group settling ₹6,394 crore in CLAM receivables and Aditya Birla Group committing $500 million in equity. The company is seeking long-term funding for a ₹45,000 crore capital investment program from FY27 to FY29. However, the company reported a net loss of ₹35,363 crore as of March 31, 2026, with significant contingent liabilities including ₹12,743 crore in regulatory, tax, and legal disputes. The company's net worth is negative, and it has substantial deferred payment obligations for spectrum and AGR, totaling ₹152,614 crore. Despite these challenges, the company is confident in its ability to meet obligations through operational cash flow over the next 12 months.
- ARPU increased to ₹190, with positive subscriber growth starting in February 2026.
- Credit ratings upgraded to A- (Stable) by CRISIL and ICRA.
- Promoter support with Vodafone Group settling ₹6,394 crore and Aditya Birla Group committing $500 million in equity.
- Net loss of ₹35,363 crore as of March 31, 2026, with negative net worth.
- Significant contingent liabilities of ₹12,743 crore from regulatory, tax, and legal disputes.
Key takeaway: Despite improved subscriber growth and credit ratings, Vodafone Idea faces significant financial challenges including a negative net worth, large contingent liabilities, and substantial deferred payment obligations, though it remains confident in meeting short-term obligations through operational cash flow.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Default / Covenant Breach (3 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Default / Covenant Breach
3 occurrencesRecent (last 12 months)
The company has outstanding statutory dues for more than six months as of March 31, 2026, including disputes in various courts and tribunals related to custom duty, goods and services tax, and service tax, with amounts involved in crores.
Earlier (1-3 years ago)
The company's annual covenant testing as of March 31, 2025, resulted in breaches of specified covenant thresholds for loans aggregating ₹23,260 million. The Group reclassified ₹7,260 million from non-current borrowings to current maturities of long-term debt.
The company breached debt covenants on loans aggregating ₹39,011 million as of March 31, 2024, leading to reclassification of ₹23,636 million from non-current to current borrowings.
Routine disclosures
Internal Control Weakness
1 occurrenceRecent (last 12 months)
The auditor mentions significant audit findings and deficiencies in internal control identified during the audit of Vodafone Idea Limited's financial statements for the year ended March 31, 2026.
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities of ₹12,743 Cr related to regulatory, tax, and legal disputes as of March 31, 2026.
Earlier (1-3 years ago)
The company has contingent liabilities of ₹191,686 million related to regulatory, tax, and legal disputes as of March 31, 2025. Additionally, it carries liabilities of ₹759,452 million related to the AGR matter and ₹75,813 million related to one-time spectrum charges (OTSC) for more than 6.2 MHz spectrum.
VODAFONE IDEA LIMITED has contingent liabilities related to regulatory, taxation and legal matters amounting to ₹188,628 million as of March 31, 2024.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company has significant related party transactions with entities like Vodafone Idea Telecom Infrastructure Limited, Vodafone Idea Business Services Limited, and others, involving sales, purchases, services, and expenses.
Earlier (1-3 years ago)
The company has significant related party transactions, including sale of services to Vodafone Enterprise Global Limited and purchase of services from Vodafone Idea Telecom Infras.
The company approved material related party transactions with Indus Towers Limited, with aggregate values of approximately ₹12,000 crore and ₹14,500 crore for FY 2024-25 and FY 2025-26 respectively.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Mr. Sateesh Kamath resigned from the Finance Committee effective October 30, 2024, and Mr. Selcuk Karacay was appointed to the Finance Committee effective October 30, 2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
3.75% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).