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Vodafone Idea Ltd share Price

Company details

6M Return 86.18%
1Y Return 29.38%
Mkt Cap.(Cr) 55,738.24
Volume 197,695,801
Div Yield 0.00%
OI Chg %
Volume 197,695,801

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Telecom Services company Vodafone Idea announced Q1FY24 results:

  • Revenue up 1.2% QoQ to Rs 106.6 billion supported by improving subscriber mix and 4G subscriber additions
  • ARPU for Q1FY24 stands at Rs 139 vs Rs 135 in Q4FY23 (QoQ growth of 2.9%)
  • 4G subscriber base increased to 122.9 million vs 122.6 million in Q4FY23
  • Launched ‘Vi One’, a converged offering bundling mobility, fiber, and over-the-top (OTT) subscriptions under a single plan; an industry first for the prepaid market
  • Continued network capacity expansion supported by spectrum refarming and network upgrade
  • Vi offered the best voice quality as per TRAI “MyCall” App data for 28 out of 32 months between November 2020 and June 2023
  • EBITDA for the quarter stood at Rs 41.6 billion and EBITDA margins were at 39%.
  • Capex spending for Q1FY24 stood at Rs 4.5 billion.
  • The total gross debt (excluding lease liabilities and including interest accrued but not due) as of June 30, 2023, stood at Rs 2,117.6 billion comprising deferred spectrum payment obligations of Rs 1,337.4 billion and AGR liability of Rs 668.6 billion that are due to the Government, debt from banks and financial institutions of Rs 95 billion and Optionally Convertible Debentures amounting to Rs 16.6 billion.
  • With cash & cash equivalents of Rs 2.5 billion, the net debt stood at Rs 2,115.1 billion.
  • The debt from banks and financial institutions has been reduced by Rs 57 billion during the last one year (Rs 152 billion in Q1FY23).
Akshaya Moondra, CEO, Vodafone Idea, said,

“The eighth consecutive quarter of growth in average daily revenue, ARPU and 4G subscribers, clearly reflects our ability to effectively operate and compete in the market. Recently, we launched ‘Vi One’, a converged offering bundling mobility, broadband & content under a single plan bringing convenience and value to the consumers; an industry first in prepaid space. We remain engaged with our lenders for further debt fundraising as well as with other parties for equity or equity-linked fundraising, to make required investments for network expansion, including 5G rollout.”



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Investment recommendation
Call Date
05 Jul 2021
Entry Price 9.00
Target Price 5.00
12 Month


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Vodafone Idea Ltd Stocks COMPARISION


Equity Capital: -61,964.80 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 15,612.36 -19,132.24
LAST 3M 53,075.98 -4,241.70
LAST 6M 58,662.39 138,824.89
LAST 12M 133,944.68 162,473.45

Vodafone Idea Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Vodafone Idea Ltd. is engaged in Telecom Sector in India. Its market capitalization is worth INR 25,373.35 Cr. as of 16 April 2021. The company was incorporated in 2018 and has reported quarterly revenue of INR 10,824.40 Cr. for October-December 2020. This company is found listed on the Bombay Stock Exchange (BSE), having the code 532822 and on the National Stock Exchange (NSE) with the symbol IDEA. The company emerged with the union of IDEA Cellular Ltd. and Vodafone India, which provides Voice and Data services across 2G, 3G and 4G platforms across the country. The company looks forward to enabling millions of citizens to connect by incorporating newer and faster technologies. Aditya Birla Group and Vodafone Group have teamed up to form Vodafone Idea Ltd. under the chairmanship of Kumar Mangalam Birla and Ravinder Takkar. The company is a provider of data and voice services all over India across 2G, 3G and 4G platforms. To support the envisioned expansion, the company has perched technologies including small cells, TDD sites (for enhancing network capacity and coverage) and MIMO. The corporation is one of India's leading telecom firms. The company owns spectrum in 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz bands. The company has implemented more than 5000 massive MIMO, small cells, and TDD sites across Mumbai's major regions and more than 4,000 Massive MIMO, small cells, and TDD sites across New Delhi and the NCR area, as part of the modernization effort. It has launched “Giganet” 4G services in Uttar Pradesh, Rajasthan, Karnataka and the Rest of Bengal (including Kolkata) circles. It also Provides Wi-Fi hotspot services in major cities Mumbai, Pune and Bangalore with 200 locations. Vodafone was recently in the news when it appointed Vivek Jain as the EVP of Marketing and Mathan Babu Kasilingam as EVP of technology security to strengthen their management. According to data from India's Telecom Regulatory Authority, Vodafone Idea acquired 1.7 million cellular subscribers in January 2021. In December 2020, the firm recorded a consumer loss of 5.7 million. It gained 11.8 MHz in five circles worth Rs 1993.40 crore to boost its 4G coverage and capacity. It announced its foray into the integrated Internet of Things space for enterprises segment on 8 April, 2021. It aspires to be a technology corporation rather than a conventional connectivity service provider. The company has also approached pension funds to raise around $1 Billion to keep India operations afloat and smooth. Vodafone Idea Limited is a partnership between Aditya Birla Group and Vodafone Group.

Registered Address

Suman Tower Plot No 18, Sector - 11, Gandhinagar, Gujarat, 382011

Tel : 91-79-66714000
Email : shs:idea.adityabirla.com
Website : http://www.vodafoneidea.com

Bigshare Services Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532822
Book Closure Date (Month) :
BSE Group : A
ISIN : INE669E01016

FAQ’s on Vodafone Idea Ltd Shares

You can buy Vodafone Idea Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Vodafone Idea Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Oct 04, 2023 03:59 PM the closing price of Vodafone Idea Ltd was ₹ 11.45.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Oct 04, 2023 03:59 PM, the market cap of Vodafone Idea Ltd stood at ₹ 55,738.24.

The latest PE ratio of Vodafone Idea Ltd as of Oct 04, 2023 03:59 PM is 0

The latest PB ratio of Vodafone Idea Ltd as of Oct 04, 2023 03:59 PM is -1.33

The 52-week high of Vodafone Idea Ltd is ₹ 12.50 while the 52-week low is ₹ 5.70

According to analyst recommendations, Vodafone Idea Ltd has a “Sell” rating for the long term.

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