NSE: IDEA | BSE: 532822

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8.02 -0.66 (-7.60%)

26.89% Fall from 52W High

1.7B NSE+BSE Volume

NSE 26 Sep, 2025 3:31 PM (IST)

86,891.1

Market Cap

Market Runner Up

1.5

Beta 1Year

Very High Volatility

Defers Hearing

SC defers Vodafone Idea's AGR dues plea hearing to October 6 from today See details

Vodafone Idea Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for IDEA, BSE:532822 Vodafone Idea Ltd.

Vodafone Idea Ltd.

15 Feb 2021

8.02

-7.60%

Subscriber loss seems to be bottoming out; but liquidity a major concern

Neutral: Vodafone Idea Ltd.

Recommendation Target

Motilal Oswal

Adjusted EBITDA (excluding a one-off expense of INR3b on a pre Ind AS 116 basis) was up 15% QoQ (9% beat) due to strong cost rationalization, reducing SG&A; by 32% QoQ as subscriber churn significantly decelerated. VIL's liquidity, ability to invest on its network as well as protect its market share is constrained by the humongous net debt of INR1,171b and meager FY22E EBITDA of INR107b (pre Ind AS 116), thus dependent on a further fund raise. We change our rating from Under Review to Neutral....

Institutional Investors have increased holdings from 37.63% to 59.14% in Jun 2025 qtr.

Vodafone Idea Ltd.

31 Oct 2020

8.02

-7.60%

Financial conditions remain fragile; subs loss continues

Results Update: Vodafone Idea Ltd.

Motilal Oswal

Vodafone Idea (VIL)'s adjusted EBITDA (pre-Ind-AS 116) was up 6% QoQ to INR16.3b. Revenue edged up 1% QoQ (in-line) and ARPU improved 4%, offset by continued subscriber churn. With ballooned net debt of INR1,145b (incl. AGR liability) and meager INR17b quarterly EBITDA (3QFY21 pre-Ind-AS 116), we maintain VIL Under Review until there is further clarity on the liquidity situation improving. Financials & Valuations (INR b)...

Vodafone Idea Ltd. has an average target of 6.50 from 3 brokers.

Vodafone Idea Ltd.

31 Oct 2020

8.02

-7.60%

Vodafone Idea

Sell: Vodafone Idea Ltd.

ICICI Securities Limited

Weakness was seen across KPIs. The overall subscriber base declined by ~8 million to 271.8, with churn rate increasing to 2.6% (vs. 2.0% in Q1FY21). The 4G sub base saw a modest addition of ~1.5 mn QoQ to 106.1 million. Even the post-paid sub base at 21.2 mn was down by 0.3 mn QoQ, clearly reflecting the weak competitive positioning. We note that ARPU growth of 4.4% QoQ, was largely owing to benign base of Q1, wherein recharge unavailability and extension had led to decline. Similarly, capex at | 1040 crore (vs. ~| 600 crore) was underwhelming, considering coverage/capacity...

Vodafone Idea Ltd. is trading above all available SMAs

Vodafone Idea Ltd.

02 Sep 2020

8.02

-7.60%

VODAFONE IDEA LIMITED

Hold: Vodafone Idea Ltd.

Geojit BNP Paribas

Further cost optimisations, coupled with higher ARPUs backed by higher prices, and a probable equity infusion is required to support company's survival in the coming months. We reiterate our HOLD rating with a revised TP of Rs. 9.3 based on 7.3x FY22E EV/EBITDA. EBITDA rises, bottom-line continues to be in red on provisions Q1FY21 revenue dropped 5.4% YoY to Rs. 10,659cr, primarily due to erosion of subscriber base and the consequent decline in ARPU. On the other hand, EBITDA grew 12.3% YoY to Rs. 4,098cr, as EBITDA margins expanded 540bps YoY to 38.4% owing...

Vodafone Idea Ltd. has an average target of 6.50 from 3 brokers.

Vodafone Idea Ltd.

10 Aug 2020

8.02

-7.60%

Vodafone Idea

Sell: Vodafone Idea Ltd.

ICICI Securities Limited

Weakness was seen across KPIs. ARPU decline of ~6% QoQ, vis--vis peers who reported ARPU growth, was owing to extension of validity of low cost customers during lockdown, SIM consolidation by its customers and postpaid sub base decline. The subscriber base fell by 11.3 million to 279.8 mn. The 4G sub base saw a modest decline of ~1 mn QoQ to 104.6 mn, clearly reflecting pressure on its high paying customers. Even the post-paid sub base at 21.5 mn was down by 1.5 mn QoQ, owing to fall in POS connections where SIM was requested to be put in safe custody by customers. Cost rationalisation plan of | 4000 crore in next 18 months...

Promoters have decreased holdings from 38.80% to 25.57% in Jun 2025 qtr

Vodafone Idea Ltd.

14 Jul 2020

8.02

-7.60%

VODAFONE IDEA LIMITED

Hold: Vodafone Idea Ltd.

Recommendation Target

Geojit BNP Paribas

Margins improve, profit slips on high provisions Vodafone Idea Limited operates as a telecom service provider. The Company offers 2G, 3G, and 4G mobile services, as well as mobile payments, advanced...

Vodafone Idea Ltd. has an average target of 6.50 from 3 brokers.

Vodafone Idea Ltd.

10 Dec 2019

8.02

-7.60%

VODAFONE IDEA LIMITED

Sell: Vodafone Idea Ltd.

Target

Geojit BNP Paribas

Supreme Court of India passed an order in favor of the DoT on a long pending industry-wide case of the definition of Adjusted Gross Revenue (AGR). On November 20th, a two-year moratorium was announced on the...

Vodafone Idea Ltd. is trading above all available SMAs

Vodafone Idea Ltd.

27 Aug 2019, 12:00AM

8.02

-7.60%

Finding a needle in the haystack!

Top Picks: Vodafone Idea Ltd.

Prabhudas Lilladhar

Q4FY19 being a seasonally strong quarter, results were very good and most managements were sounding positive about the outcome of the elections and the recovery thereafter. Their tone resonated hope. Q1 has typically been a seasonally weak quarter. We heard post result conference calls of nearly 35 small and mid cap companies across sectors; and it was hard to miss the sharp change in the tone and the commentaries...

Vodafone Idea Ltd. has an average target of 6.50 from 3 brokers.

Vodafone Idea Ltd.

27 Aug 2019, 12:00AM

8.02

-7.60%

Finding a needle in the haystack!

Top Picks: Vodafone Idea Ltd.

Prabhudas Lilladhar

Institutional Investors have increased holdings from 37.63% to 59.14% in Jun 2025 qtr.

Vodafone Idea Ltd.

07 Aug 2019

8.02

-7.60%

VODAFONE IDEA LIMITED

Sell: Vodafone Idea Ltd.

Recommendation Target

Geojit BNP Paribas

Given uncertainty around successful integration and potential downside, we recommend REDUCE rating on the stock with a target price of Rs. 5.4 based on ~8x FY21E EV/EBITDA. Topline impacted by reduced customer base In Q1FY20, Company's revenue declined 4.3% QoQ to Rs. 11,270cr, primarily on decreased subscribers base (-4.2% QoQ to 320.0mn). However, 4G data subscriber base witnessed growth of 5.1% QoQ to 84.8mn in Q1FY20. Blended churn ratio during the current quarter stood at 3.7% compared to 7.2% in Q4FY19. Overall ARPU...

Institutional Investors have increased holdings from 37.63% to 59.14% in Jun 2025 qtr.

Is Vodafone Idea Ltd. worth buying?

3487 Votes:

Buy 73.96%

Sell 15.03%

Hold 11.01%

RESEARCH REPORTS

Hold SEE REPORTS >

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Sell SEE REPORTS >

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