Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Vodafone Idea Earnings Call: Key Takeaways

Vodafone Idea reports Q4FY26 revenue of ₹11,332 Cr with a major AGR reassessment reducing liabilities from ₹87,695 Cr to ₹64,046 Cr.

Why this was an Alfa AlertManagement guided a reduction in AGR dues; achieved a definitive settlement reducing liability by ~₹23,649 Cr (27% beat on liability reduction).
Highlights
Revenue growth3% YoY for FY26; 2.9% for Q4FY26.
MarginsEBITDA margin improved 80bps to 43.1%.
Demand visibilityStrong 4G/5G subscriber mix at 66.9%.
Management confidenceHigh following promoter equity infusion and AGR resolution.

Growth

FY26 revenue grew 3% to ₹44,873 Cr; Q4 ARPU rose 8.3% YoY to ₹190.

Outlook

Targets 3x EBITDA and ₹45,000 Cr capex over 3 years; launching 5G in 80+ cities.

Risks

Higher churn rate vs industry (4%); spectrum payout obligations starting FY28.

Source

Earnings Call filed with BSE, NSE: IDEA. Summary written with AI assistance from the document.

Read the document ↗

Vodafone Idea Ltd: key numbers

Share price
₹14.26
Market cap
₹1,54,497 Cr
Revenue (annual)
₹44,873 Cr
Net profit (annual)
₹34,552 Cr
P/E (TTM)
4.1×Sector 33.0×
Promoter holding
25.64%+0.00% QoQ
FII holding
6.17%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Vodafone Idea Ltd

All →
18:22 IST BSE
Annual General Meeting

Vodafone Idea Annual General Meeting

Vodafone Idea Limited issued a Postal Ballot Notice seeking shareholder approval to appoint Mr. Anil Berera and Ms. Gopika Pant as Independent Directors of the Company.

14:14 IST BSE
Management Change

Vodafone Idea Management Change

Vodafone Idea appointed Ms. Gopika Pant as Independent Woman Director for five years w.e.f. 17 September 2026. The appointment is subject to shareholder approval via postal ballot.

11:49 IST BSE
Legal & Regulatory

Vodafone Idea Legal & Regulatory

Vodafone Idea disclosed a TRAI monetary penalty of Rs. 0.02 Crore for QoS failures in October 2025. The company is reviewing the order for next steps.

Value
₹0.02 Cr