VODAFONE IDEA LIMITED
Vodafone Idea Limited, together with its subsidiaries, provides mobile telecommunication services in India. The company offers voice services, such as 4G VoLTE and Voice over WIFI calling; broadband data services on 3G, 4G, and 5G platforms; content and digital products and services; value-added services, including over-the-top paid subscription, digital advertising, gaming, digital marketplace, and utility bill payment app, as well as voice and short messaging services; and long distance and internet service provider services. It also engages in renting of passive infrastructure to telecommunication service providers; outsourcing backend IT support, data centre operations, and hosting; and provision of high speed broadband internet access through cable network and high bandwidth internet broadband, and manpower services. In addition, the company trades in mobile handsets, data cards, and related accessories and services; outsources finance and accounts, human resources, supply chain management, credit and collection support, and customer support, as well as caters to the information technology (IT) needs for data consolidation. Further, it offers technology, software, hardware, VAS, application software, and contents and related products and services, which facilitate and develop access to IT enabled VAS products and services on single or multiple platforms or operating systems; and data centre related services and IT solutions, including E-SIMs activation, as well as prepaid and postpaid plans. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Sep has averaged the highest return (+22.5%); Mar the lowest (-10.7%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.8%Positive MonthJan 2026: +3.81% | -5.0%Negative MonthFeb 2026: -5.01% | -19.6%Negative MonthMar 2026: -19.60% | +19.8%Positive MonthApr 2026: +19.81% | +34.4%Positive MonthMay 2026: +34.44% | +5.3%Positive MonthJun 2026: +5.31% | -10.5%*Negative MonthJul 2026: -10.50% | β | β | β | β | β |
| 2025 | +13.9%Positive MonthJan 2025: +13.85% | -16.4%Negative MonthFeb 2025: -16.37% | -9.9%Negative MonthMar 2025: -9.92% | +4.6%Positive MonthApr 2025: +4.55% | -2.8%Negative MonthMay 2025: -2.81% | +7.5%Positive MonthJun 2025: +7.51% | -7.1%Negative MonthJul 2025: -7.12% | -6.1%Negative MonthAug 2025: -6.08% | +25.4%Positive MonthSep 2025: +25.42% | +7.2%Positive MonthOct 2025: +7.25% | +14.2%Positive MonthNov 2025: +14.20% | +7.9%Positive MonthDec 2025: +7.92% |
| 2024 | -10.4%Negative MonthJan 2024: -10.36% | -4.8%Negative MonthFeb 2024: -4.81% | -3.1%Negative MonthMar 2024: -3.15% | -0.3%Neutral MonthApr 2024: -0.30% | +15.6%Positive MonthMay 2024: +15.61% | +17.3%Positive MonthJun 2024: +17.30% | -9.1%Negative MonthJul 2024: -9.11% | -3.9%Negative MonthAug 2024: -3.93% | -33.7%Negative MonthSep 2024: -33.72% | -21.6%Negative MonthOct 2024: -21.62% | +3.0%Positive MonthNov 2024: +2.96% | -5.0%Negative MonthDec 2024: -5.02% |
| 2023 | -10.5%Negative MonthJan 2023: -10.51% | -3.4%Negative MonthFeb 2023: -3.39% | -14.8%Negative MonthMar 2023: -14.79% | +19.4%Positive MonthApr 2023: +19.42% | +3.2%Positive MonthMay 2023: +3.17% | +3.6%Positive MonthJun 2023: +3.63% | +12.1%Positive MonthJul 2023: +12.11% | +8.6%Positive MonthAug 2023: +8.64% | +29.0%Positive MonthSep 2023: +28.95% | +1.9%Neutral MonthOct 2023: +1.89% | +9.8%Positive MonthNov 2023: +9.84% | +22.7%Positive MonthDec 2023: +22.66% |
| 2022 | -30.4%Negative MonthJan 2022: -30.38% | -3.6%Negative MonthFeb 2022: -3.55% | -6.2%Negative MonthMar 2022: -6.20% | -1.8%Neutral MonthApr 2022: -1.76% | +1.2%Neutral MonthMay 2022: +1.16% | -12.4%Negative MonthJun 2022: -12.37% | +4.0%Positive MonthJul 2022: +4.03% | +3.4%Positive MonthAug 2022: +3.42% | -3.1%Negative MonthSep 2022: -3.09% | -2.4%Negative MonthOct 2022: -2.39% | -3.8%Negative MonthNov 2022: -3.85% | -4.2%Negative MonthDec 2022: -4.24% |
| 2021 | β | β | β | β | β | +14.8%Positive MonthJun 2021: +14.76% | -16.9%Negative MonthJul 2021: -16.88% | -26.1%Negative MonthAug 2021: -26.12% | +94.8%Positive MonthSep 2021: +94.76% | -19.7%Negative MonthOct 2021: -19.75% | +15.9%Positive MonthNov 2021: +15.92% | +38.8%Positive MonthDec 2021: +38.84% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ43.16 K Cr | β | βΉ-27442.00 | β | β | 39.3% | 2.0% | -12.1% |
| Mar 2024 | βΉ42.32 K Cr | β | βΉ-31236.00 | β | β | 30.1% | 1.0% | 6.6% |
| Mar 2023 | βΉ41.92 K Cr | β | βΉ-29308.00 | β | β | 39.7% | 9.7% | 3.8% |
| Mar 2022 | βΉ38.22 K Cr | β | βΉ-28237.00 | β | β | 46.0% | -8.3% | -39.0% |
| Mar 2021 | βΉ41.67 K Cr | β | βΉ-46294.00 | β | β | 122.8% | -6.8% | -36.7% |
| Mar 2020 | βΉ44.72 K Cr | β | βΉ-73132.00 | β | β | -812.5% | 21.3% | 420.3% |
| Mar 2019 | βΉ36.86 K Cr | β | βΉ-14055.00 | β | β | -22.1% | 32.5% | 215.3% |
| Mar 2018 | βΉ27.83 K Cr | β | βΉ-4458.00 | β | β | -14.6% | -21.1% | 436.5% |
| Mar 2017 | βΉ35.28 K Cr | β | βΉ-831.00 | β | β | -3.5% | -1.5% | -131.4% |
| Mar 2016 | βΉ35.80 K Cr | β | βΉ2.65 K Cr | β | β | 10.7% | 14.5% | -5.8% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 26,179 | 31,279 | 35,804 | 35,279 | 27,829 | 36,860 | 44,715 | 41,673 | 38,221 | 41,917 | 42,321 | 43,157 | 43,877 |
| Total Expenses | 18,882 | 21,588 | 23,891 | 25,202 | 22,166 | 32,910 | 30,098 | 25,244 | 22,852 | 25,699 | 25,850 | 25,903 | 26,092 |
| EBIT / Operating Profit | 7,298 | 9,692 | 11,913 | 10,076 | 5,663 | 3,949 | 14,617 | 16,428 | 15,369 | 16,218 | 16,472 | 17,254 | 17,785 |
| OPM % | 28% | 31% | 33% | 29% | 20% | 11% | 33% | 39% | 40% | 39% | 39% | 40% | 41% |
| Other Income | 222 | 449 | 184 | 212 | 621 | 2,320 | -37,638 | -21,845 | 225 | 180 | 866 | 1,245 | 970 |
| Finance Costs | 821 | 947 | 1,802 | 4,007 | 4,930 | 9,551 | 15,377 | 17,992 | 20,973 | 23,344 | 25,763 | 24,530 | 23,054 |
| Depreciation & Amortisation | 4,093 | 4,855 | 6,223 | 7,700 | 8,315 | 14,410 | 23,889 | 22,906 | 22,858 | 22,362 | 21,988 | 21,411 | 21,680 |
| Profit Before Tax | 2,605 | 4,339 | 4,071 | -1,419 | -6,961 | -17,692 | -62,287 | -46,314 | -28,237 | -29,308 | -30,414 | -27,442 | -25,978 |
| Tax % | 35% | 35% | 35% | -41% | -36% | -21% | 17% | -0% | 0% | 0% | 3% | 0% | - |
| Net Profit / PAT | 1,689 | 2,810 | 2,646 | -831 | -4,458 | -14,055 | -73,132 | -46,294 | -28,237 | -29,308 | -31,236 | -27,442 | -25,978 |
| EPS (βΉ) | 1.55 | 2.37 | 2.23 | -0.70 | -3.11 | -4.89 | -25.45 | -16.11 | -8.79 | -6.02 | -6.23 | -3.84 | -3.08 |
| Dividend Payout % | 8% | 8% | 8% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | - |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| VODAFONE IDEA LIMITEDthis co. | βΉ1.17 L Cr | βΉ43.16 K Cr | 0.00 | -1.42 | 20.47 | 2.0% |
| Bharti Airtel Ltd. | βΉ12.19 L Cr | βΉ1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | βΉ11.84 L Cr | βΉ2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | βΉ6.48 L Cr | βΉ1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | βΉ4.52 L Cr | βΉ51.10 K Cr | 36.80 | 14.48 | β | 6.2% |
| Bharat Electronics Ltd. | βΉ3.02 L Cr | βΉ23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | βΉ2.77 L Cr | βΉ67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | β | βΉ10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |
