IDEABSEVodafone Idea LtdHighNeutral
Announced Sat, 16 May · 18:47 IST

The Company has attached the Quarterly Report for the Fourth Quarter and Financial Year ended 31 March 2026

Ebitda Margin ExpansionExceptional ItemDebt Equity ThresholdNegative Operating CashflowResults View source PDF

IDEA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹12.93
prior close
₹12.74
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+1.0+1.3+0.3+4.0+4.9+4.6+6.0+8.7+9.8+9.9+16.5+4.3
Up moveDown movePending
AI summary

Vodafone Idea reported Q4FY26 revenue of Rs. 11,332 Cr (2.9% YoY growth) and EBITDA of Rs. 4,889 Cr (4.9% YoY growth) with EBITDA margin expanding to 43.1% from 42.3% in Q4FY25. Customer ARPU increased to Rs. 190 from Rs. 175 (8.3% YoY increase). A significant exceptional gain of Rs. 57,491 Cr was recorded due to AGR dues reassessment, reducing the liability from Rs. 80,502 Cr to Rs. 24,880 Cr. The company posted PAT of Rs. 51,970 Cr (vs loss of Rs. 7,166 Cr in Q4FY25). Total subscriber base stood at 192.8 million with 128.9 million 4G/5G subscribers. ICRA upgraded credit rating to BBB (Positive) in March 2026. Equity turned negative at -Rs. 35,758 Cr as of March 2026.

Likely market impact

The AGR settlement significantly reduced Vodafone Idea's debt burden and reversed losses, creating a positive PAT. However, the company continues to have negative equity and high debt levels. The rating upgrade and improving ARPU signal operational recovery, though the stock remains highly leveraged with Government of India holding 49% stake.