Vodafone Idea logo

Vodafone Idea share price

NSE: IDEABSE: 532822Telecom - ServicesLarge Cap

Vodafone Idea Limited · Formerly Idea Cellular · Face value ₹10 · Listed Mar 2007
Last close ₹12.12up ₹0.26 (2.19%)BSE ₹12.11

Share price at the NSE close on 29 Oct 2026. Previous close ₹11.86.

29 Oct: open ₹11.85, high ₹12.13, low ₹11.78

52-week range of traded prices to 29 Oct 2026
₹8.13Low, 2 Apr 2026₹15.79High, 9 Sep 2026
Market cap
₹1,31,312 Cr83rd largest listed
P/E
3.51
P/E without one-offs
Lossover the last 12 months
P/B
Net worth zero or below
Dividend yield
Nonein the last 12 months
ROE
Net worth zero or below
ROCE
−2.4%
Debt to equity
Net worth zero or below
Volume, NSE
23,98,34,62623.2% delivered

Vodafone Idea share price chart

Daily closes since Mar 2007, adjusted for splits and bonuses

+29.5%over a year · Nifty 500 −8.4%

Results20-session average 37,89,12,841 shares a day, 29.4% delivered

About Vodafone Idea

Vodafone Idea Limited provides telecom services across India, serving all sections of consumers, from urban metro dwellers to rural customers.12 Its enterprise arm, Vi Business, sells connectivity, cloud, unified communications, IoT (internet of things) and enterprise mobility solutions to Indian and global corporations, public sector and government bodies, and small businesses and start-ups.34

Its Vi App hosts Vi Finance, a marketplace for personal loans, fixed deposits and credit cards from financial institutions, and it sells targeted advertising through its Vi Ads platform.5 At 31 Mar 2026 it had 9 subsidiaries and 2 associates; Vodafone Idea Telecom Infrastructure Limited rents out passive infrastructure (the shared network on which operators host their own equipment) on a fibre portfolio of about 1,82,000 km to telecom operators, and YOU Broadband India Limited provides cable broadband.6

It was incorporated on 14 Mar 1995 and its registered office is in Gandhinagar, Gujarat.1 Vodafone India Limited and Vodafone Mobile Services Limited merged into it under an implementation agreement of 20 Mar 2017 among Vodafone Group and Aditya Birla Group companies, and the company describes itself as an Aditya Birla Group and Vodafone partnership.78 At 31 Mar 2026 the Government of India held 49.00% of its shares, up from 22.60% a year earlier, after a 29 Mar 2025 government order directed the company to convert spectrum (the radio frequencies an operator is licensed to use) auction dues into equity shares.91011 Its promoter group, which includes Hindalco Industries Limited and Vodafone International Holdings B.V., held 25.64%.912

Vodafone Idea key points

Results

  • Revenue was ₹11,689 crore in the quarter to Jun 2026, up 6.0% from a year earlier; EBITDA (earnings before interest, tax, depreciation and amortisation) rose 9.1% to ₹5,034 crore, a 43.1% margin.13
  • Cash EBITDA, reported before the lease accounting standard Ind AS 116, rose 13.5% to ₹2,475 crore in the same quarter.1415
  • Depreciation and amortisation was ₹5,467 crore and net finance costs ₹4,925 crore in the same quarter.16
  • In the year to Mar 2026, consolidated revenue from operations was ₹44,873 crore against ₹43,572 crore a year earlier, and EBITDA was ₹19,544 crore against ₹19,146 crore, 43.04% of total income (revenue plus other income).17

Market position

  • Its subscriber market share was 15.7% at 31 Mar 2026; its share of industry applicable gross revenue (ApGR, the base for licence fees) was 15.9% in the year to Mar 2026. Its ApGR share led all operators in the Mumbai and Kerala service areas.18
  • Customer ARPU (average revenue per user per month) rose 10.2% to ₹195 in the quarter to Jun 2026 from ₹177 a year earlier; it has risen for 20 consecutive quarters.1920

Network and subscribers

  • It had 193.1 million subscribers at the end of June 2026, in its first quarter of positive net subscriber additions since its merger; 130.1 million used 4G or 5G, up from 127.4 million a year earlier.2120
  • It added over 15,600 sites in the 12 months to June 2026, lifting pan-India 4G coverage to 87.0%; 5G is live in over 200 cities across all 17 circles (licence service areas) where it holds 5G spectrum.22
  • It holds 8,030.4 MHz of spectrum, of which 8,012.8 MHz is liberalised (usable for any technology), including mid-band 5G spectrum in 17 service areas and mmWave 5G spectrum (the 26 GHz band) in 16.23

Government dues and debt

  • On a standalone basis, deferred payment obligations to the government, with accrued interest, were ₹1,27,360 crore for spectrum and ₹25,254 crore for AGR (licence-fee dues computed on adjusted gross revenue) at 31 Mar 2026; ₹7,076 crore of instalments falls due by March 2027.24
  • On a standalone basis, it made a loss of ₹24,202 crore before tax and one-off items in the year to Mar 2026, and its net worth (assets minus liabilities) was negative ₹35,363 crore at that date.25
  • At the end of June 2026, debt was ₹3,489 crore: bank debt of ₹211 crore, against ₹1,926 crore a year earlier, and NCDs (non-convertible debentures) raised in December 2025. Free cash and bank balances were ₹6,558 crore.2627

Expansion and capital spending

  • On its earnings call of 11 Aug 2026, the company said it plans capital spending of ₹45,000 crore over the next 3 years and had placed orders worth ₹9,000 crore, including ₹1,930 crore spent in the quarter to Jun 2026.28
  • The company stated in its annual report for the year to Mar 2026 that the spending plan aims to bridge its 4G coverage gap with competitors in 17 key circles, which bring in over 99% of revenue, lifting 4G population coverage there to over 95%.29

What the company expects

  • The company stated in its annual report for the year to Mar 2026 that it has committed to sustained customer addition, double-digit revenue growth and a tripling of cash EBITDA over the next 3 years.30

Recent events

  • On 25 May 2026, CRISIL assigned an A-/Stable rating to ₹35,000 crore of the company's bank facilities, and on 1 Jun 2026 ICRA upgraded its long-term term-loan rating from BBB to A- with a Stable outlook.3132
  • On 16 May 2026, the board approved up to 430 crore warrants (each convertible into 1 share) at ₹11 each to Suryaja Investments Pte. Ltd., an Aditya Birla Group promoter-group company; ₹1,183 crore of warrant proceeds had been received by 11 Aug 2026.3334
  • On 30 Apr 2026, the Department of Telecommunications said a Supreme Court-directed reassessment finalised its AGR dues at ₹64,046 crore as of 31 Dec 2025, against a provisional ₹87,695 crore; ₹1,144 crore of it is payable in the first 10 years.3536

Litigation and regulatory matters

  • On 31 Jul 2026, the Department of Telecommunications sought ₹26.83 crore in liquidated damages (a contractual penalty) for alleged shortfall in minimum rollout on spectrum from the 2022 auction; the company reported no impact on operations.37
  • On 8 Jun 2026, the Bombay High Court quashed the Department of Telecommunications' demand notices for one-time spectrum charges on the company and the merged Spice Communications Limited, aggregating ₹2,113 crore.38
  • The company is challenging at TDSAT (the telecom disputes tribunal) a September 2021 Department of Telecommunications demand for a ₹2,000 crore penalty; as of its annual report for the year to Mar 2026, interim relief barred coercive recovery and the matter was pending.39

Last updated

All 39 sources, each with its page
  1. 1. Annual report, 4 Aug 2026, page 298
  2. 2. Annual report, 4 Aug 2026, page 128
  3. 3. Annual report, 4 Aug 2026, page 49
  4. 4. Annual report, 4 Aug 2026, page 57
  5. 5. Annual report, 4 Aug 2026, page 48
  6. 6. Annual report, 4 Aug 2026, page 66
  7. 7. Annual report, 4 Aug 2026, page 64
  8. 8. Investor presentation, 15 Sep 2026, page 1
  9. 9. Annual report, 4 Aug 2026, page 120
  10. 10. Annual report, 4 Aug 2026, page 268
  11. 11. Annual report, 4 Aug 2026, page 114
  12. 12. Annual report, 4 Aug 2026, page 260
  13. 13. Earnings call, 11 Aug 2026, page 6
  14. 14. Earnings call, 11 Aug 2026, page 6
  15. 15. Investor presentation, 15 Sep 2026, page 18
  16. 16. Earnings call, 11 Aug 2026, page 6
  17. 17. Annual report, 4 Aug 2026, page 60
  18. 18. Annual report, 4 Aug 2026, page 49
  19. 19. Earnings call, 11 Aug 2026, page 3
  20. 20. Earnings call, 11 Aug 2026, page 4
  21. 21. Earnings call, 11 Aug 2026, page 3
  22. 22. Earnings call, 11 Aug 2026, page 3
  23. 23. Annual report, 4 Aug 2026, page 49
  24. 24. Annual report, 4 Aug 2026, page 208
  25. 25. Annual report, 4 Aug 2026, page 208
  26. 26. Earnings call, 11 Aug 2026, page 6
  27. 27. Earnings call, 11 Aug 2026, page 9
  28. 28. Earnings call, 11 Aug 2026, page 4
  29. 29. Annual report, 4 Aug 2026, page 52
  30. 30. Annual report, 4 Aug 2026, page 52
  31. 31. Exchange filing, 25 May 2026, page 1
  32. 32. Exchange filing, 2 Jun 2026, page 1
  33. 33. Exchange filing, 16 May 2026, page 1
  34. 34. Earnings call, 11 Aug 2026, page 4
  35. 35. Annual report, 4 Aug 2026, page 342
  36. 36. Annual report, 4 Aug 2026, page 78
  37. 37. Exchange filing, 1 Aug 2026, page 2
  38. 38. Exchange filing, 9 Jun 2026, page 1
  39. 39. Annual report, 4 Aug 2026, page 342

Results

Consolidated; ₹ crore.Vodafone Idea quarterly results

Revenue growth, 12 months
+3.3%
Net profit growth, 12 months
–

Quarter to Jun 2026, against the quarter before

Revenue
₹11,689 Crup 3.15%
Net profit
−₹3,754 CrQuarter to Mar 2026: ₹51,970 Cr
Net margin
−32.1%

Revenue by quarter

₹10,932 CrSep 24₹11,117 CrDec 24₹11,014 CrMar 25₹11,023 CrJun 25₹11,195 CrSep 25₹11,323 CrDec 25₹11,332 CrMar 26₹11,689 CrJun 26
Peak revenue ₹11,689 Cr, quarter to Jun 2026; lowest ₹10,932 Cr, quarter to Sep 2024

Net profit by quarter, a loss in red

  • Net profit
  • Loss
−₹7,176 CrSep 24−₹6,609 CrDec 24−₹7,166 CrMar 25−₹6,608 CrJun 25−₹5,524 CrSep 25−₹5,286 CrDec 25₹51,970 CrMar 26−₹3,754 CrJun 26
A loss in the quarter to Jun 2026, −₹3,754 CrA loss in 7 of the 8 quarters shown
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue10,93211,11711,01411,02311,19511,32311,33211,689
Net profit−7,176−6,609−7,166−6,608−5,524−5,28651,970−3,754
Net margin−65.6%−59.5%−65.1%−60.0%−49.3%−46.7%458.6%−32.1%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Mobility, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, P/B: net worth zero or below.Vodafone Idea PE ratio and valuation

Dividend yield

At or below today's level on 91% of 2,398 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median1.09%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+25.4%––0.0%
3 years+13.7%––0.0%
5 years−1.6%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Vodafone Idea shareholding pattern

Shareholding by group

  • Promoters25.64%
  • Foreign institutions5.82%
  • Indian institutions6.65%
  • Governments49.00%
  • Individuals and others12.89%
Holder
Department of Investment and Public Asset ManagementCentral government49.00%
EURO PACIFIC SECURITIES LIMITEDPromoter5.16%
ORIANA INVESTMENTS PTE LIMITEDPromoter4.05%
GRASIM INDUSTRIES LIMITEDPromoter3.06%
PRIME METALS LIMITEDPromoter2.54%
MOBILVESTPromoter1.55%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.35 pts, Indian institutions +0.58 pts, mutual funds +0.60 pts.

Mutual fund holdings

200 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 99 of the 108 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 200 funds holding Vodafone Idea

Bought for the first time
34
Bought again
17
Added
47
Cut
61
Held unchanged
40
Sold out
33
Fund
ICICI Prudential Mutual Fund logoICICI Prudential Arbitrage FundICICI Prudential Mutual Fund82,11,04,8002.99%₹1,063.3 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund75,37,03,8751.30%₹976.0 Cr
Invesco Mutual Fund logoInvesco India Arbitrage FundInvesco Mutual Fund51,54,77,7002.20%₹667.5 Cr
Aditya Birla Sun Life Mutual Fund logoAditya Birla Sun Life Arbitrage FundAditya Birla Sun Life Mutual Fund48,83,17,2002.35%₹632.4 Cr
SBI Mutual Fund logoSBI Arbitrage FundSBI Mutual Fund39,46,84,9501.10%₹511.1 Cr
Tata Mutual Fund logoTata Arbitrage FundTata Mutual Fund28,37,55,7501.50%₹367.5 Cr
HDFC Mutual Fund logoHDFC Arbitrage FundHDFC Mutual Fund20,29,17,5251.03%₹262.8 Cr
Nippon India Mutual Fund logoNippon India Arbitrage FundNippon India Mutual Fund17,76,86,8501.34%₹230.1 Cr
Edelweiss Mutual Fund logoEdelweiss Arbitrage FundEdelweiss Mutual Fund17,72,58,0001.61%₹229.5 Cr
DSP Mutual Fund logoDSP Arbitrage FundDSP Mutual Fund15,84,60,0753.05%₹205.2 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.Vodafone Idea insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade
  • Others: no market trade · 11 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Vodafone Idea competitors and peers

Telecom - Services, 28 listed companies, priced on 29 Oct 2026. The table lists the 8 companies closest to Vodafone Idea in market cap.Telecommunication sector stocks

Vodafone Idea is not on the chart: it has no return on equity today

Return on equity across, P/E up, size is market cap
Company
Jio PlatformsJPL13,09,156––––––0.00%
Bharti Airtel logoBharti AirtelBHARTIARTL12,30,81842.578.26+19.6%−18.2%22.0%22.2%1.22%
Indus Towers logoIndus TowersINDUSTOWER1,01,30514.252.57+5.3%−24.1%18.8%26.9%3.65%
Bharti Hexacom logoBharti HexacomBHARTIHEXA82,87045.4311.57+7.9%+32.8%27.9%28.1%1.09%
Tata Communications logoTata CommunicationsTATACOMM48,73344.1514.33+9.1%−33.1%35.3%14.2%1.02%
HFCL logoHFCLHFCL37,26442.956.60+101.0%+3,016.5%17.7%18.3%0.08%
Railtel Corporation of India logoRailtel Corporation of IndiaRAILTEL7,38821.833.13+22.6%+5.6%15.1%20.0%1.41%
Tata Teleservices (Maharashtra) logoTata Teleservices (Maharashtra)TTML7,03223.51–−0.9%––74.8%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Vodafone Idea dividend history

Ex-dateTypePer share
22 Sep 2016Final₹0.60
18 Sep 2015Final₹0.60
18 Sep 2014Final₹0.40
5 Sep 2013Final₹0.30
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Vodafone Idea announcements

Vodafone Idea share price by year

Each calendar year to 2025.Vodafone Idea share price history

YearClose at year endChangeHighest closeLowest close
202510.76+35.5%12.066.15
20247.94−50.4%18.526.67
202316.00+102.5%16.005.80
20227.90−48.5%15.557.65
202115.35+44.1%16.405.75
202010.65+73.2%12.553.00
20196.15−83.7%37.752.95
201837.75−65.1%115.8033.00
2017108.15+45.9%119.6067.45
201674.15−48.4%143.2069.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 28 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
28 Oct 202612.0712.1711.8211.8611.9629,23,20,19625.1%
27 Oct 202611.9612.2011.9112.1112.0936,95,89,58520.7%
26 Oct 202611.3312.0111.2111.9511.7349,29,24,25821.1%
23 Oct 202611.5411.5911.0311.3611.2451,29,14,75826.4%
22 Oct 202611.5511.7911.2311.5311.5450,26,67,59128.5%
21 Oct 202612.3812.3811.6211.6411.9052,57,50,62335.6%
19 Oct 202612.6012.6912.2212.2812.4532,35,39,89335.9%
16 Oct 202612.6112.6812.4512.5912.5927,82,31,23531.7%
15 Oct 202612.6712.9012.5212.5212.7529,40,06,03435.5%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Rights issue history

Ex-dateEventPrice factorWhat happened
11 Jan 2022Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
16 Sep 2021Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
3 Sep 2020Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
18 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
13 Mar 2020Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
19 Feb 2020Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
14 Feb 2020Price move–Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for.
17 Jan 2020Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
19 Nov 2019Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
14 Nov 2019Price move–Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for.
24 Oct 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
29 Jul 2019Price move–Between two trading sessions the price moved by a fifth or more. The company's board met on results that day or since the trading day before. Not adjusted for.
29 Mar 2019Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
29 Mar 2019Price move–A corporate action went ex within three days of this move (Rights 87:38 @ Premium Of Rs 2.50 Per Share, ex-date 29 Mar 2019), and its terms do not account for the move. Not adjusted for.
30 Jan 2017Price move–Between two trading sessions the price moved by a fifth or more. The company made an announcement in time for trading that day or the trading day before. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Chairperson
Kumar Mangalam Birla
At the end of the quarter to Sep 2026
NSE symbol
IDEA
BSE code
532822
ISIN
INE669E01016
Industry
Telecom - Services
CIN
L32100GJ1996PLC030976
Corporate identity number, the registrar of companies' code for it
Incorporated
1996
Registered office
Suman Tower, Plot No 18, Sector 11, Gandhi Nagar 382011, Gujarat
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments