Vodafone Idea (Vi) is an Indian telecommunications company was founded in 31 August 2018 by merger of founder of Vodafone India and Idea Cellular, it’s headquartered is in Mumbai and Gandhinagar. It is an all India telecommunications service. According to data of 30 Sep 2024, Vi has total 212.45 subscribers base with third largest mobile telecommunications network in India and 12th largest mobile telecommunications network in the world.
Current Share Price of Vodafone Idea :-
| Category | Price (₹) |
|---|---|
| Today’s High | 8.42 |
| Today’s Low | 8.18 |
| 52-Week High | 19.15 |
| 52-Week Low | 6.60 |
Current Fundamentals of Vodafone Idea :-
| Metric | Value |
|---|---|
| Market Cap | ₹ 57,920.55 Cr. |
| Enterprise Value | ₹ 2,58,651.15 Cr. |
| Number of Shares | 6,969.98 Cr. |
| P/E | 0 |
| P/B | 0 |
| Face Value | ₹ 10 |
| Dividend Yield | 0% |
| Book Value (TTM) | ₹ -13.64 |
| Cash | ₹ 855.40 Cr. |
| Debt | ₹ 2,01,586 Cr. |
| Promoter Holding | 37.32% |
| EPS (TTM) | ₹ -4.06 |
| Sales Growth | 1.13% |
| ROE | 0% |
| ROCE | -4.03% |
| Profit Growth | -6.61% |
Shareholding of Vodafone Idea :-
| Category | Percentage |
|---|---|
| Retail and Others | 45.10% |
| Promoters | 37.32% |
| Foreign Institutions | 12.69% |
| Mutual Funds | 4.10% |
| Other Domestic Institutions | 0.80% |
Target for 2025 to 2030 in Vodafone Idea :-
| Year | Target |
|---|---|
| 2025 | 13 |
| 2026 | 16 |
| 2027 | 20 |
| 2028 | 24 |
| 2029 | 29 |
| 2030 | 35 |
Quarterly Results :-
| Particulars | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|
| Net Sales | 10,716.30 | 10,673.10 | 10,606.80 | 10,508.30 | 10,932.20 |
| Total Expenditure | 6,433.50 | 6,322.70 | 6,271.00 | 6,303.60 | 6,382.40 |
| Operating Profit | 4,282.80 | 4,350.40 | 4,335.80 | 4,204.70 | 4,549.80 |
| Other Income | 34.50 | 24.90 | 32.50 | 256.30 | 300.00 |
| Interest | 6,569.00 | 6,518.00 | 6,280.30 | 5,518.60 | 6,613.60 |
| Depreciation | 5,667.30 | 5,598.40 | 5,751.30 | 5,369.10 | 5,404.00 |
| Exceptional Items | 0.00 | 755.50 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax | -7,919.00 | -6,985.60 | -7,663.30 | -6,426.70 | -7,167.80 |
| Tax | 817.70 | -0.80 | 8.70 | 5.50 | 7.80 |
| Profit After Tax | -8,736.70 | -6,984.80 | -7,672.00 | -6,432.20 | -7,175.60 |
| Adjustments | -1.20 | -1.10 | -2.60 | 0.10 | -0.30 |
| Consolidated Net Profit | -8,737.90 | -6,985.90 | -7,674.60 | -6,432.10 | -7,175.90 |
| Adjusted EPS (₹) | -1.80 | -1.44 | -1.53 | -0.95 | -1.03 |
Profit & Loss :-
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Net Sales | 44,957.50 | 41,952.20 | 38,515.50 | 42,177.20 | 42,651.70 |
| Total Expenditure | 30,240.30 | 25,050.10 | 22,499.40 | 25,424.40 | 25,622.10 |
| Operating Profit | 14,717.20 | 16,902.10 | 16,016.10 | 16,752.80 | 17,029.60 |
| Other Income | 1,369.20 | 413.10 | 183.30 | 384.60 | 210.70 |
| Interest | 15,526.60 | 18,193.40 | 21,014.70 | 23,363.40 | 25,766.60 |
| Depreciation | 24,356.40 | 23,638.50 | 23,584.30 | 23,049.70 | 22,633.50 |
| Exceptional Items | -38,355.70 | -19,968.10 | 164.30 | -22.40 | 755.50 |
| Profit Before Tax | -61,797.00 | -44,253.40 | -28,234.10 | -29,297.60 | -30,409.80 |
| Tax | 12,081.10 | -20.30 | 11.30 | 3.50 | 828.60 |
| Profit After Tax | -73,878.10 | -44,233.10 | -28,245.40 | -29,301.10 | -31,238.40 |
| Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Profit | -73,878.10 | -44,233.10 | -28,245.40 | -29,301.10 | -31,238.40 |
| Adjusted EPS (₹) | -25.71 | -15.39 | -8.79 | -6.02 | -6.23 |
Balance Sheet :-
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Equity and Liabilities | |||||
| Share Capital | 28,735.40 | 28,735.40 | 32,118.80 | 48,679.70 | 50,119.80 |
| Total Reserves | -22,755.50 | -66,963.40 | -94,083.60 | -1,23,038.80 | -1,54,286.60 |
| Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Borrowings | 96,280.40 | 1,57,415.50 | 1,75,950.80 | 1,89,290.10 | 2,02,896.20 |
| Other N/C Liabilities | 28,878.30 | 17,888.30 | 18,903.20 | 32,275.50 | 32,113.20 |
| Current Liabilities | 95,779.00 | 66,402.50 | 61,137.10 | 60,022.70 | 54,141.30 |
| Total Liabilities | 2,26,917.60 | 2,03,478.30 | 1,94,026.30 | 2,07,229.20 | 1,84,983.90 |
| Assets | |||||
| Net Block | 1,85,770.50 | 1,67,490.40 | 1,56,818.60 | 1,56,255.20 | 1,40,124.80 |
| Capital WIP | 1,041.50 | 599.60 | 323.90 | 300.30 | 638.80 |
| Intangible WIP | 96.60 | 6.30 | 40.40 | 17,576.10 | 17,550.30 |
| Investments | 1,524.40 | 4.10 | 5.30 | 5.80 | 0.30 |
| Loans & Advances | 14,512.40 | 13,690.50 | 10,694.60 | 10,049.50 | 6,591.90 |
| Other N/C Assets | 7,286.10 | 7,653.20 | 9,304.80 | 9,188.70 | 7,217.30 |
| Current Assets | 16,686.10 | 14,034.20 | 16,838.70 | 13,853.60 | 12,860.50 |
| Total Assets | 2,26,917.60 | 2,03,478.30 | 1,94,026.30 | 2,07,229.20 | 1,84,983.90 |
Cash Flow :-
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Profit from Operations | -62,152.30 | -44,484.80 | -28,234.10 | -29,297.60 | -30,409.80 |
| Adjustment | 76,318.90 | 60,769.80 | 44,492.30 | 46,193.90 | 47,623.00 |
| Changes in Assets & Liabilities | -9,245.50 | -1,435.60 | -340.70 | 627.50 | 642.50 |
| Tax Paid | 2,406.40 | 790.30 | 1,469.50 | 1,344.90 | 2,970.40 |
| Operating Cash Flow | 7,327.50 | 15,639.70 | 17,387.00 | 18,868.70 | 20,826.10 |
| Investing Cash Flow | -2,697.70 | 1,075.10 | -5,730.30 | -5,413.60 | -1,906.80 |
| Financing Cash Flow | -5,018.70 | -16,731.40 | -10,553.80 | -14,679.50 | -18,980.30 |
| Net Cash Flow | -388.90 | -16.60 | 1,102.90 | -1,224.40 | -61.00 |
Ongoing Projects of Vodafone Idea :-
1. 5G Launch
- Vi plans to launch its 5G services in 17 areas by March 2025.
- The rollout will begin in cities like Delhi and Mumbai.
2. Expanding 4G Coverage
- Vi aims to make its 4G network available to 90% of India’s population by June 2025.
3. Growing the Network
- The company recently added 100 new mobile towers every hour as part of its network expansion goal.
4. Improving the Network
- Vi has upgraded its network in over 20 districts in Andhra Pradesh and Telangana for better service.
5. Upgrading Technology
- Vi is adding more spectrum (network capacity) to its existing sites and building new ones.
6. Partnering with Tech Leaders
- Vi has teamed up with Nokia, Ericsson, and Samsung to speed up its 4G and 5G development.
7. Helping Communities with Health
- Vi’s program Anaemia Mukt Bharat works to fight anaemia in school children by offering easy health checks.
8. Smart Technology Solutions
-
- Vi is working with Trilliant to provide IoT solutions for smart electricity metering systems.
Future Projects of Vodafone Idea :–
Network Expansion
Vodafone Idea (Vi) is working hard to improve its network across India:
- Adding towers: Vi is building 100 new mobile towers every hour to expand its coverage.
- Improving performance: Vi is enhancing its network in Andhra Pradesh and Telangana to provide better service.
- Boosting connectivity in Lakshadweep: Vi is working on improving internet speeds and connectivity in Lakshadweep.
- Upgrading in Punjab: The company is investing in Punjab to improve both network coverage and data speed.
- Big deal with Ericsson: Vi has signed a ₹14,000 crore deal with Ericsson to get equipment for 4G and 5G networks.
- Upgrading 4G and 5G: Vi is improving its 4G network and starting to roll out 5G services.
Improving Services
Vi has plans to:
- Reduce subscriber loss: They aim to make 4G usage better to keep more customers.
- Increase market share: Vi wants to grow its share in the market.
Partnerships
Vi has partnered with:
- Infinity Labs Ltd: They are introducing a Make-In-India SD-WAN solution.
- Ericsson: Vi is working with Ericsson to get 4G and 5G equipment.
Vi has signed agreements with:
- Nokia
- Ericsson
- Samsung