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Companies›Telecommunication›Telecommunication›Telecom - Services
NSE:IDEA

VODAFONE IDEA LIMITED

Telecommunication › Telecom - Services·NIFTY 100NIFTY 200NIFTY 500NIFTY INDIA FPI 150+5
₹12.11
at close · 27 Oct 2026
▲ 0.16 (+1.34%)

Latest filings

  1. Anil Berera and Gopika Pant approved as independent directors · Board & Shareholder Meetings
  2. Vodafone Idea appoints Manoj Murali as Chief Operating Officer · Management Changes
  3. Vodafone Idea files quarterly demat compliance certificate for Q2 FY27 · Compliance
All filings ↓
Ask Nexa about VODAFONE IDEA LIMITED

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Provides mobile telecommunications services across India, offering voice and data connectivity on 4G and 5G networks to retail subscribers. FY26 revenue was Rs 44,873 cr (+3% YoY), with Q4 FY26 at Rs 11,332 cr (+2.9% YoY). Customer ARPU reached Rs 190 in Q4, up 8.3% YoY and the 19th consecutive quarter of growth, driven by a higher 4G/5G mix and premium data plans. The subscriber base stabilised at 192.8 million for the first time since the merger, of which 128.9 million (66.9%) were on 4G/5G. Network rollout is being scaled up under a Rs 45,000 cr three-year capex plan; 5G is live in 80+ cities across all 17 circles, with 86% population coverage and ~30,000 broadband towers added recently. FY26 reported net profit of Rs 34,552 cr was driven by a one-time exceptional credit of Rs 55,622 cr from the reassessment of AGR dues from Rs 87,695 cr to Rs 64,046 cr. The cost base is dominated by other operating expenses (52.4% of revenue) and depreciation (49.3%), reflecting the asset-heavy network.

Operating scale
Subscribers
192.8 millionQ4 FY26
4G/5G subscribers
128.9 million (66.9% of base)Q4 FY26
Customer ARPU
Rs 190 (+8.3% YoY); up 19 consecutive quartersQ4 FY26
5G footprint
80+ cities across 17 circlesFY26
Population coverage
86% pan-IndiaFY26
Capex plan
Rs 45,000 cr over FY27-FY29FY27-FY29
Who pays it
Retail mobile subscribers across India (192.8 million).
Biggest cost
Other operating expenses (52.4% of revenue) and depreciation (49.3%) are the largest cost lines, typical of an asset-heavy network business.
Kind of business
Asset-heavy, pan-India mobile telecom operator with a heavy regulatory/debt overhang, recently resolved in part via the AGR reassessment.
Where it sits
Pan-India mobile services operator with 86% population coverage and operations across all 17 telecom circles; one of the participants in India's four-player cellular market.
Market Cap
₹1.31 L Cr
P / E (TTM)
3.5×
EV / EBITDA
3.5×
Div Yield
—
Growth
1.4%▲
Revenue 5y CAGR
PAT — · EBITDA —
Quality
-3.5%·
ROCE (5y median)
ROE n/m · margin 174.2%
Leverage
n/m·
Debt / Equity · negative net worth
Net debt ₹1.47 L Cr
Revenue FY21→FY26
1.1×▲
Margin +182.4 pts
₹41,952 Cr → ₹44,873 Cr
Moves on a normal day
1.48%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 7 Telecom - Cellular & Fixed line services peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#1/5
ROCE#2/7
EBITDA margin#1/8
Revenue growth#6/8
Profit growth#4/8

Scorecard

Measured from the filed financials, judged against its Telecom - Cellular & Fixed line services peers · as of FY26 — not investment advice

Strengths
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Slow revenue growth — 1% a year over 5 years
Negative returns on capital — −3.5% (5-year median)
#2 of 7 in Telecom - Cellular & Fixed line services on the latest reported figures · up from −19.3% in FY21
Negative net worth — liabilities exceed assets by ₹35,758 Cr (FY26)
Debt-to-equity and return on equity are not meaningful below zero equity

Charts

How has the market priced it — with filings on the timeline?

IDEA · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from VODAFONE IDEA LIMITED's filed financials and exchange disclosures

What does VODAFONE IDEA LIMITED do?

VODAFONE IDEA LIMITED is a Telecom - Services company listed on NSE and BSE, trading under the symbol IDEA.

Is VODAFONE IDEA LIMITED profitable?

Yes. Over the trailing twelve months VODAFONE IDEA LIMITED reported a net profit of ₹37,406 Cr on revenue of ₹45,539 Cr.

Does VODAFONE IDEA LIMITED pay a dividend?

Not in the latest reported year — VODAFONE IDEA LIMITED's dividend payout for FY26 was nil.

Is VODAFONE IDEA LIMITED debt-free?

No. It reported borrowings of ₹1.49 L Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1.47 L Cr after cash. Its net worth is negative — liabilities exceed assets by ₹35,758 Cr, so a debt-to-equity ratio is not meaningful.

Is VODAFONE IDEA LIMITED expensive compared with its peers?

On trailing P/E, VODAFONE IDEA LIMITED ranks 1 of 5 in Telecom - Cellular & Fixed line services — cheaper than 100% of them, against an industry median of 45.8×. This is a position, not a valuation judgement.

How much does the VODAFONE IDEA LIMITED share price move in a day?

On a typical session VODAFONE IDEA LIMITED moves 1.48% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track VODAFONE IDEA LIMITED's announcements?

Every NSE and BSE filing by VODAFONE IDEA LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.