Vodafone Idea
- Market cap
- ₹ 1,22,969 Cr.
- P/E
- 171.4x
- 52-week range
- 8.13 – 15.79
- ROCE
- −2%
- Dividend yield
- 0%
- Sector
- Telecom - Services
- Industry
- Telecom - Cellular & Fixed line services
- Listed on
- NSE, BSE
About
Vodafone Idea Limited is an India-based telecom service provider. The Company is engaged in the business of telecommunication services. It provides pan-India voice and data services across second-generation (2G), third generation (3G) and fourth generation (4G) platforms. Its Vodafone Idea business services provide communication solutions to global and Indian corporations, public sector and government bodies, small and medium enterprises, and start-ups. The Company’s services include Voice Services, Broadband Services, Content and Digital Offerings, and Other Value-Added Services (VAS) Offerings. It offers a variety of other VAS offerings, including Voice and SMS based services such as caller tunes, voice & SMS chat and Utility services such as missed call alerts. Its subsidiaries include Vodafone Foundation, Vodafone Idea Business Services Limited, Vodafone Idea Communication Systems Limited, Vodafone Idea Manpower Services Limited, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Telecom - Cellular & Fixed line services: 9 companies →Vodafone Idea against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)171.4 against a typical 33.9: pricier than most peers (1st = cheapest).8th of 8
- Sales growth+6.1% against a typical +8.4% from a year earlier.6th of 9
- Share price, 3 months−9.1% against a typical −1.4%.7th of 8
- Size₹ 1,22,969.3 Cr. market value against a typical ₹ 7,484.4 Cr. (1st = largest).2nd of 9
Latest announcements
Exchange filings and their impact on the company.
- Vodafone Idea appointed Manoj Murali as COO effective 19 Oct 2026.
Vodafone Idea has appointed Manoj Murali as Chief Operating Officer with effect from 19 October 2026 on a full-time employment basis. Murali, aged 55, has over 25 years experience across mobile, broadband and digital businesses and previously worked with Reliance Jio, Bharti Airtel and Ola Electric as Chief Business Officer. The appointment strengthens operating leadership but does not by itself change the company's revenue, debt or capex outlook.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A- by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A- | Stable | 13 Oct 2026 |
| ICRA | [ICRA]A- | Stable | 2 Jun 2026 |
| CARE | Withdrawn | Positive | 30 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 13 Oct 2026 | Reaffirmed | Crisil A- | — | CRISIL | ₹ 35,000 Cr. | |
| 31 Aug 2026 | Reaffirmed | Crisil A- | — | CRISIL | ₹ 35,000 Cr. | |
| 3 Jun 2026 | Reaffirmed | Crisil A- | — | CRISIL | ₹ 35,000 Cr. | |
| 2 Jun 2026 | ▲ Upgrade2 notches | [ICRA]BBB → [ICRA]A- | — | ICRA | ₹ 727 Cr. | |
| 25 May 2026 | New rating | Crisil A- | — | CRISIL | ₹ 35,000 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 10 Aug 2026 | Financial Results | Vodafone Idea Limited has informed the Exchange that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 , inter alia, to consider and approve Unaudited Financial Results of the Company for the First Quarter ended 30 June 2026 |
| 16 May 2026 | Financial Results/Fund Raising | Vodafone Idea Limited has informed the Exchange about Board Meeting to be held on 16 May 2026 to consider and approve the Yearly Audited Financial results of the Company for the period ended 31 March 2026 and consider proposal for raising of funds on preferential basis. |
| 27 Jan 2026 | Financial Results | Vodafone Idea Limited has informed the Exchange about Board Meeting to be held on 27 January 2026 to inter-alia consider and approve the Standalone and Consolidated Unaudited Financial results of the Company for the third quarter and nine months ended 31 December 2025 |
| 10 Nov 2025 | Financial Results | Vodafone Idea Limited has informed the Exchange about Board Meeting to be held on 10-Nov-2025 to inter-alia consider and approve the Standalone and Consolidated Unaudited Financial Results of the Company for the second quarter and half year ended 30 September 2025 |
| 14 Aug 2025 | Financial Results | To consider and approve Unaudited Financial Results of the Company for the First Quarter ended 30 June 2025 |
| 30 May 2025 | Financial Results/Fund Raising | To consider and approve the financial results for the fourth quarter and financial year ended March 31, 2025 and Fund Raising |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,716 | 10,673 | 10,607 | 10,508 | 10,932 | 11,117 | 11,015 | 11,022 | 11,195 | 11,323 | 11,332 | 11,689 |
| Expenses | 6,435 | 6,324 | 6,274 | 6,304 | 6,383 | 6,405 | 6,356 | 6,410 | 6,511 | 6,506 | 6,443 | 6,655 |
| Operating Profit | 4,282 | 4,349 | 4,333 | 4,205 | 4,550 | 4,712 | 4,659 | 4,612 | 4,684 | 4,817 | 4,889 | 5,034 |
| OPM % | 40% | 41% | 41% | 40% | 42% | 42% | 42% | 42% | 42% | 43% | 43% | 43% |
| Other Income | 34 | 780 | 32 | 256 | 300 | 250 | 216 | 142 | 140 | 1,271 | 57,595 | 1,806 |
| Interest | 6,569 | 6,518 | 6,280 | 5,519 | 6,614 | 5,940 | 6,471 | 5,893 | 4,784 | 5,828 | 4,990 | 5,120 |
| Depreciation | 5,667 | 5,598 | 5,751 | 5,369 | 5,404 | 5,629 | 5,571 | 5,472 | 5,567 | 5,550 | 5,518 | 5,467 |
| Profit before tax | −7,920 | −6,987 | −7,666 | −6,427 | −7,168 | −6,607 | −7,167 | −6,611 | −5,527 | −5,290 | 51,976 | −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 | −5,286 | 51,970 | −3,754 |
| EPS in Rs | −1.79 | −1.44 | −1.53 | −0.95 | −1.03 | −0.95 | −1 | −0.61 | −0.51 | −0.49 | 4.8 | −0.35 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 2%
- 5 Years
- 1%
- 3 Years
- 2%
- TTM
- 3%
- 10 Years
- —
- 5 Years
- 0%
- 3 Years
- 6%
- TTM
- 17%
- 10 Years
- −14%
- 5 Years
- 19%
- 3 Years
- 22%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
Peers
Listed companies in the same business.
| Vodafone Idea | ₹ 11.86 | ₹ 1,22,969 Cr. | 171.4x | — | — | — |
| Bharti Airtel | ₹ 1,890.00 | ₹ 11,79,455 Cr. | 39.8x | 7.8x | 20.3% | 16% |
| Bharti Hexacom | ₹ 1,631.00 | ₹ 81,133 Cr. | 45.6x | 11.2x | 26.5% | 18.5% |
| Tata Communications | ₹ 1,665.65 | ₹ 47,670 Cr. | 46.9x | 15x | 32.3% | 4.1% |
| Tata Teleservices (Maharashtra) | ₹ 38.22 | ₹ 7,484 Cr. | — | — | — | −18.6% |
| Tanla Platforms | ₹ 557.90 | ₹ 7,419 Cr. | 15.3x | 3.1x | 21.4% | 11.5% |
Management
- Abhijit Kishore
- Chief Executive Officer
- Tejas Mahendra Mehta
- Chief Financial Officer
- Pankaj Kapdeo
- Compliance Officer, Company Secretary
- Ambika Khurana
- Chief Regulatory and Corporate Affairs Officer
- M.P. Sunil Kumar
- Chief Enterprise Business Officer
- Arvind Nevatia
- Chief Enterprise Business Officer
Prices are delayed and for information only. Nothing on this page is investment advice.