MarketFriction

Vodafone Idea Ltd

NSE IDEA · BSE 532822 · Telecom - Cellular & Fixed line services
₹12.64 -2.39%
NSE close2026-10-01
52 week range8.05 - 15.79
Market cap₹1,46,913 Cr.
Nifty Next 50Nifty 100Nifty 200Nifty 500 No price band Delivery 33.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales10,71610,67310,60710,50810,93211,11711,01511,02211,19511,32311,33211,689
Expenses6,4356,3246,2746,3046,3836,4056,3566,4106,5116,5066,4436,655
Operating Profit4,2824,3494,3334,2054,5504,7124,6594,6124,6844,8174,8895,034
OPM %40%41%41%40%42%42%42%42%42%43%43%43%
Other Income34780322563002502161421401,27157,5951,806
Interest6,5696,5186,2805,5196,6145,9406,4715,8934,7845,8284,9905,120
Depreciation5,6675,5985,7515,3695,4045,6295,5715,4725,5675,5505,5185,467
Profit before tax-7,920-6,987-7,666-6,427-7,168-6,607-7,167-6,611-5,527-5,29051,976-3,747
Tax %10%-0%0%0%0%0%0%-0%-0%-0%0%0%
Net Profit-8,738-6,986-7,675-6,432-7,176-6,609-7,167-6,608-5,524-5,28651,970-3,754
EPS in Rs-1.79-1.44-1.53-0.95-1.03-0.95-1.00-0.61-0.51-0.494.80-0.35
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales35,94935,57628,27937,09244,95841,95238,51642,17742,65243,57244,87345,539
Expenses24,28125,34822,22432,97630,04225,00622,54725,42425,58025,52426,01426,115
Operating Profit11,66810,2276,0544,11614,91616,94615,96816,75317,07218,04818,85919,424
OPM %32%29%21%11%33%40%41%40%40%41%42%43%
Other Income6417467031,789-36,964-19,5633633549171,10059,29260,812
Interest1,8034,0104,8479,54515,39317,99820,98123,35425,76624,54321,49520,722
Depreciation6,2567,8278,40914,53624,35623,63823,58423,05022,63421,97322,10822,102
Profit before tax4,250-863-6,499-18,175-61,797-44,253-28,234-29,298-30,410-27,36834,54837,412
Tax %36%-54%-36%-20%20%-0%0%0%3%0%-0%
Net Profit2,728-400-4,168-14,604-73,878-44,233-28,245-29,301-31,238-27,38434,55237,406
EPS in Rs2.30-0.34-2.91-5.08-25.71-15.39-8.79-6.02-6.23-3.843.193.45
Dividend Payout %8%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth2%1%2%3%
Compounded Profit Growth%0%6%17%
Stock Price CAGR-12%4%5%67%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3,5983,6013,6054,3598,73628,73528,73532,11948,68050,12071,393108,343
Reserves19,42919,95021,12722,90350,899-22,756-66,963-94,084-123,039-154,287-141,713-144,101
Borrowings26,85940,54155,05557,985125,940114,996201,720213,761237,766243,809233,229192,528
Other Liabilities10,58016,03416,88113,26444,078105,94239,98642,23343,83645,35534,94634,860
Total Liabilities60,46780,12696,66898,511229,652226,918203,478194,029207,243184,997197,855191,630
Fixed Assets35,54065,19076,76379,692177,800185,836167,490156,819156,255140,125141,320143,086
CWIP5,1416,0407,5353,5855,1031,13860636417,87618,18918,21315,274
Investments11,5273,4716,3787,2908,2391,97945600107
Other Assets8,2605,4255,9917,94438,51137,96435,37836,84133,10526,68338,32233,163
Total Assets60,46780,12696,66898,511229,652226,918203,478194,029207,243184,997197,855191,630
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity10,41810,94910,4765,3325,3487,32815,64017,38718,86920,8269,29019,411
Cash from Investing Activity-5,726-2,389-15,556-9,303-1,640-2,6981,075-5,730-5,414-1,907-16,248-6,104
Cash from Financing Activity8,028-9,3304,5063,925-2,949-5,019-16,731-10,554-14,680-18,9807,047-11,458
Net Cash Flow12,720-770-574-46758-389-171,103-1,224-61891,849
Free Cash Flow6,2603,8245,144-3,269-2,238-47410,53411,39513,33219,296-9308,597
CFO/OP107%101%109%95%123%33%88%100%105%105%49%101%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days111213113225222319191716
Inventory Days
Days Payable
Cash Conversion Cycle111213113225222319191716
Working Capital Days-174-134-148-92-430-667-474-453-407-358-294-192
ROCE %14%11%4%-2%-8%-5%-4%-5%-4%-4%-2%-2%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters50.36%50.36%48.91%38.17%37.32%37.32%38.80%25.57%25.57%25.57%25.64%25.64%
FIIs2.46%2.27%1.97%12.67%12.69%10.17%10.10%5.98%5.99%5.99%5.56%6.17%
DIIs1.80%3.05%2.20%7.44%4.86%4.28%4.90%4.14%4.74%5.59%6.19%6.05%
Government33.18%33.18%32.23%23.80%23.18%23.18%22.63%49.02%49.02%49.02%49.02%49.02%
Public12.19%11.14%14.69%17.89%21.94%25.05%23.55%15.28%14.69%13.83%13.57%13.11%
No. of Shareholders31,04,41031,24,12836,79,06147,58,35453,69,11459,76,50760,54,75561,82,20861,55,52660,11,02559,39,39858,09,457

Fundamentals

Market Cap₹ 1,46,913 Cr.
Current Price₹ 13.6
Book Value₹ -3.30
ROCE-1.72 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)3%
Compounded Profit Growth (TTM)17%
Consolidated figures.
Valuation
Market capRs 136,946 Cr
Enterprise valueRs 323,743 Cr
P/E (TTM)3.66x
Price to book-3.83x
Price to sales3.01x
EV / EBITDA4.03x
EV / EBIT5.57x
EV / sales7.11x
Price to cash flow7.06x
Earnings yield27.31%
P/E, 3-year average2.67x
P/B, 3-year average-1.30x
P/E, 5-year average2.67x
P/B, 5-year average-0.96x
Profitability
Operating margin (excl. other income)42.03%
Operating margin (incl. other income)174.16%
EBITDA margin176.19%
Pre-tax margin82.15%
Net profit margin82.14%
Net margin, latest quarter-32.12%
ROE-65.14%
ROCE35.06%
ROA17.74%
ROE, 3-year average0.41%
ROCE, 3-year average10.04%
ROA, 3-year average-4.16%
ROE, 5-year average20.12%
ROCE, 5-year average4.35%
ROA, 5-year average-8.26%
ROIC (approx.)38.49%
Tax rate-0.01%
Other income / net worth-165.81%
Growth
Sales growth (latest year)2.99%
Sales CAGR, 3 years2.09%
Sales CAGR, 5 years1.36%
Sales growth QoQ3.15%
Profit growth QoQ-107.22%
Sales growth YoY (latest quarter)6.05%
Per share
EPS (TTM)Rs 3.45
EPS (latest year)Rs 3.19
EPS (latest quarter)Rs -0.35
EPS, 3-year averageRs -2.29
EPS, 5-year averageRs -4.34
Book value per shareRs -3.30
Sales per shareRs 4.20
Cash flow per shareRs 1.79
Free cash flow per shareRs 0.79
Efficiency
Asset turnover0.23x
Fixed asset turnover0.31x
Inventory turnover1069.52x
Inventory days0 days
Debtor days16 days
Debtors turnover22.79x
Cash conversion cycle16 days
Working capital days-192 days
Leverage
Total debtRs 192,528 Cr
Cash and bankRs 5,731 Cr
Net debtRs 186,797 Cr
Debt to equity-5.38x
Net debt / EBITDA2.33x
Interest coverage2.81x
Current ratio (filing 2026-03-31)0.55x
Quick ratio (filing 2026-03-31)0.55x
Trade payables (filing 2026-03-31)Rs 8,826 Cr
Owners' fund to total sources-18.66%
Debt to assets100.47%
Cash flow
Cash from Operating Activity (latest year)Rs 19,411 Cr
Cash from Investing Activity (latest year)Rs -6,104 Cr
Cash from Financing Activity (latest year)Rs -11,458 Cr
Net Cash Flow (latest year)Rs 1,849 Cr
Free cash flow (latest year)Rs 8,597 Cr
FCFE (approx.: FCF + change in debt)Rs -32,104 Cr
Sales to cash flow2.31x
Statement figures
Net sales (TTM)Rs 45,539 Cr
Net sales (latest year)Rs 44,873 Cr
Sales (latest quarter)Rs 11,689 Cr
Operating profit excl. other income (latest year)Rs 18,859 Cr
Operating profit (latest quarter)Rs 5,034 Cr
Other income (TTM)Rs 60,812 Cr
EBITDA (TTM)Rs 80,236 Cr
PBDT (TTM)Rs 59,514 Cr
Profit before tax (TTM)Rs 37,412 Cr
Tax (latest year)Rs -4 Cr
Net profit (TTM)Rs 37,406 Cr
Net profit (latest year)Rs 34,552 Cr
Net profit (latest quarter)Rs -3,754 Cr
Depreciation (TTM)Rs 22,102 Cr
Depreciation (latest quarter)Rs 5,467 Cr
Interest (TTM)Rs 20,722 Cr
Cost of goods sold (latest year)Rs 22,460 Cr
Total expenditure (latest year)Rs 26,014 Cr
Total income (latest year)Rs 104,165 Cr
Share capitalRs 108,343 Cr
ReservesRs -144,101 Cr
Shareholders' fundsRs -35,758 Cr
Total assetsRs 191,630 Cr
Net blockRs 143,086 Cr
Capital work in progressRs 15,274 Cr
InvestmentsRs 107 Cr
ReceivablesRs 1,969 Cr
InventoryRs 21 Cr
Other liabilitiesRs 34,860 Cr
Shares outstanding (crore)10,834.30
Ownership
Promoter holding25.64% (+0.07 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodIDEANifty 50Difference
1 week-10.5%-2.8% -7.7 pts
1 month-10.1%-6.8% -3.3 pts
3 months-11.3%-7.6% -3.7 pts
6 months+48.2%+0.4% +47.8 pts
1 year+45.6%-9.9% +55.5 pts
2 years+16.8%-13.6% +30.4 pts
3 years+8.5%+14.2% -5.7 pts
5 years+10.9%+27.9% -17.0 pts
150 mutual fund schemes hold about ₹8,763 Cr. Over three months 117 bought more and 10 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Kotak Arbitrage Fund(M1.66%1,256 +1%
ICICI Pru Arbitrage Fund3.49%1,216 +2%
Aditya Birla SL Arbitrage Fund2.68%730 +26%
SBI Arbitrage Fund1.26%595 +13%
Tata Arbitrage Fund1.60%400 +13%
Edelweiss Arbitrage Fund2.08%309 +17%
Nippon India Arbitrage Fund1.45%255 +9%
Nippon India Arbitrage Fund(M1.45%246 +9%
DSP Arbitrage Fund3.58%239 +36%
Bandhan Arbitrage Fund(M2.94%236 +12%
Bandhan Arbitrage Fund2.94%229 +12%
HDFC Arbitrage Fund(M0.82%210 +174%
UTI Arbitrage Fund1.66%185 +23%
UTI Nifty200 Momentum 30 Index Fund2.10%178 +10%
Edelweiss Mid Cap Fund0.86%171 -0%
ICICI Pru Equity Savings Fund(Q0.97%157 +17%
Kotak Multi Asset Allocation Fund0.78%118 +5%
Mahindra Manulife Multi Cap Fund1.43%110 +5%
Mahindra Manulife Small Cap Fund1.94%106 +1%
Edelweiss Multi Asset Allocation Fund3.26%96 +8%
WOC Arbitrage Fund4.61%92 -6%
Aditya Birla SL Balanced Advantage Fund0.80%81 +5%
DSP Equity Savings Fund(M2.35%78 +19%
HDFC Large & Mid Cap Fund0.25%77 +8%
Aditya Birla SL Small Cap Fund1.12%70 +30%

Red flags

F-score 6 of 7
seriousNegative equity Shareholders' equity is negative
lookProfit leans on other income Other income was 172% of pre-tax profit in 2026
lookRegulator order or action Regulator order or action 2026-09-16: Vodafone Idea Limited has informed the Exchange about Disclosure under Regulation 30 Of SEBI (Listing Obligations and Disclosure Requirement
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2023-02-14Euro Pacific Securities Ltd.Promotersother427,656,421Rs 436.21 CrConversion of security
2022-07-25Euro Pacific Securities Ltd.Promotersother427,656,421Rs 436.21 CrPreferential Offer
2022-03-31Prime Metals Ltd.Promotersother570,958,646Rs 759.37 CrPreferential Offer
2022-03-31Oriana Investments Pte. LtdPromoter Groupother845,864,661Rs 1125.00 CrPreferential Offer
2022-03-31Euro Pacific Securities Ltd.Promotersother1,966,635,338Rs 2615.62 CrPreferential Offer
2019-12-06P BalajiEmployees/Designated Employebuy157,331Rs 0.12 CrMarket Purchase
2019-09-04IGH Holdings Private LimitedPromoter Groupbuy500,000Rs 0.25 CrMarket Purchase
2019-08-30IGH Holdings Private LimitedPromoter Groupbuy1,000,000Rs 0.50 CrMarket Purchase
2019-08-29IGH Holdings Private LimitedPromoter Groupbuy2,000,000Rs 0.99 CrMarket Purchase
2019-08-29Pilani Investment and Industries CPromoter Groupbuy1,500,000Rs 0.74 CrMarket Purchase
2019-08-28Pilani Investment and Industries CPromoter Groupbuy3,600,000Rs 1.82 CrMarket Purchase
2019-08-28IGH Holdings Private LimitedPromoter Groupbuy3,000,000Rs 1.53 CrMarket Purchase
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹11,689 Cr +6.1% vs Jun 2025. Net loss ₹3,754 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-08-20Annual General Meeting
2023-07-07Annual General Meeting
2022-08-18Annual General Meeting
2021-09-20 Annual General Meeting
2020-09-21 Annual General Meeting
2019-08-16 Annual General Meeting
2019-03-29 Rights 87:38 @ Premium Of Rs 2.50 Per Share
2018-12-13 Annual General Meeting
2017-06-22 Annual General Meeting
2016-09-22 Annual General Meeting/Dividend - Re 0.60 Per Share
2015-09-18 Annual General Meeting/ Dividend - Re 0.60/- Per Share
2014-09-18Annual General Meeting / Final Dividend - Re 0.40/- Per Share
2013-09-05Annual General Meeting And Dividend Re.0.30/- Per Share
2012-06-07Annual General Meeting
2011-09-15Annual General Meeting
2010-09-16Annual General Meeting
2009-12-10Annual General Meeting
2008-09-17Annual General Meeting
2007-12-05Agm
DateTypeWhat it says
2026-09-21Shareholder meetingVodafone Idea Limited has enclosed Notice of Postal Ballot seeking approval of shareholders for appointment of Mr. Anil Berera and Ms. Gopika Pant as ...
2026-09-16Regulatory actionDisclosure under Regulation 30 Of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2026-09-15AppointmentAppointment of Ms Gopika Pant as Independent Woman Director of the company w.e.f. September 17, 2026.
2026-09-15Regulatory actionDisclosure under Regulation 30 Of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2026-09-15Investor PresentationInvestor Presentation
2026-09-01Press ReleaseMedia release on new brand identity.
2026-09-01General UpdatesChange in Logo of the Company
2026-08-31General UpdatesESG Rating of the Company for FY 2026 by CRISIL ESG Ratings and Analytics Limited
2026-08-28Shareholder meetingVoting results
2026-08-27Shareholder meetingProceedings of Annual General Meeting held on 27 August 2026.
2026-08-25News clarificationThe 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 Vo...
2026-08-25News clarificationThe 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 Vo...
2026-08-18Concall / analyst meetTranscript of the Analyst/ Investor call held on 11 August 2026 relating to Companys performance for the first quarter ended 30 June 2026.
2026-08-12Concall / analyst meetSchedule of Analyst/ Institutional Investor Meeting(s)
2026-08-11Concall / analyst meetAudio recording of the Earning Call held on 11 August 2026 in respect of Companys performance for the first quarter ended 30 June 2026
2026-08-10Monitoring Agency ReportThe Monitoring Agency Report for the Quarter ended 30 June 2026
2026-08-10Change in ManagementPlease find enclosed the attached document
2026-08-10Director changeChange in Director(s) of the company.
2026-08-10UpdatesQuarterly report for the First Quarter ended 30 June 2026.
2026-08-10Board meeting outcomeBoard of Directors at their meeting held on 10 August 2026, interalia, approved the Unaudited Financial Results (Standalone and Consolidated) for the ...
2026-08-06Concall / analyst meetAnalyst/Investor Call to be held on 11 August 2026 at 2:30 p.m. in respect to the Companys performance for the first quarter ended 30 June 2026
2026-08-04UpdatesLetter being sent to Shareholders.
2026-08-04Shareholder meetingNotice of Annual General Meeting to be held on August 27, 2026
2026-08-01Regulatory actionDisclosure under Regulation 30 Of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
2026-07-30General UpdatesThe 31st Annual General Meeting to be held on Thursday, 27 August 2026 through Video Conference
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.56
Max pain (expiry 2026-10-27)14
Largest call open interest at14
Largest put open interest at14
Implied volatility, at the money41.9%
Underlying at snapshot12.64
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-30440
2026-09-29105,450
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-02-05CESTATVODAFONE MOBILE SERVICES LTD ---VS.--- COMMISSIONER, SERVICE TAX-DELHI
2020-02-05CESTATCOMMISSIONER, SERVICE TAX-DELHI ---VS.--- VODAFONE MOBILE SERVICES LTD
2020-01-14CESTATVODAFONE DIGILINK LTD ---VS.--- JAIPUR I..
2020-01-06CESTATVODAFONE IDEA LIMITED ---VS.--- NEW DELHI(ICD TKD)
2019-12-16CESTATVODAFONE MOBILE SERVICES LTD ---VS.--- COMMISSIONER, SERVICE TAX-DELHI
2019-12-16CESTATCOMMISSIONER, SERVICE TAX-DELHI ---VS.--- VODAFONE MOBILE SERVICES LTD
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Vodafone Idea Ltd?

Vodafone Idea Ltd (IDEA) has a market capitalisation of Rs 1,46,913 Cr. at the 2026-10-01 close.

What were Vodafone Idea Ltd's latest quarterly results?

In the Jun 2026 quarter, Vodafone Idea Ltd sales was Rs 11,689 Cr (+6.1% vs Jun 2025) with a net loss of Rs 3,754 Cr.

What is the 52-week high and low of Vodafone Idea Ltd?

The 52-week high is Rs 15.79 and the 52-week low is Rs 8.05.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03