ALFA Finder| Revenue growth | 2.9% YoY for Q4FY26 |
|---|---|
| Margins | EBITDA margin improved to 43.1% in Q4 |
| Demand visibility | Strong data usage growth (30.1% YoY) |
| Management confidence | High on ARPU and 5G |
Growth
FY26 Revenue grew 2.9% YoY to ₹44,873 Cr; Cash EBITDA up 4.8% to ₹9,217 Cr.
Outlook
Capex plan of ₹45,000 Cr till FY29; target to thrice Cash EBITDA in 3 years.
Risks
Continued subscriber churn with EOP subs declining from 198.2 Mn to 192.8 Mn YoY.
Last quarter's promises, checked
Delivered
- Guided to stabilize sub base → Delivered 192.8M (first stabilization post-merger = BEAT)
- Guided 7 KPI delivery → Delivered performance against all 7 parameters (= BEAT)
- Guided bank debt reduction → Reduced to ₹726 Cr from ₹2,326 Cr (= BEAT)
Partly delivered
- Guided 5G rollout → Live in 80+ cities vs 145+ mentioned in summary (= PARTIAL)
Missed
- Guided FY26 Capex → Delivered ₹8,742 Cr vs ₹9,600 Cr in FY25 (= MISS)
Earnings Call filed with BSE, NSE: IDEA. Summary written with AI assistance from the document.
Vodafone Idea Ltd: key numbers
- Share price
- ₹12.88
- Market cap
- ₹1,39,546 Cr
- Revenue (annual)
- ₹44,873 Cr
- Net profit (annual)
- ₹34,552 Cr
- P/E (TTM)
- 3.7×Sector 36.5×
- Promoter holding
- 25.64%+0.00% QoQ
- FII holding
- 5.83%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vodafone Idea Ltd
All →Vodafone Idea Board Meeting Date
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Vodafone Idea disclosed a TRAI financial disincentive of Rs. 0.89 Crore for quarter-Dec 2024 non-compliance. The company is reviewing the order and assessing its response.
- Value
- ₹0.89 Cr
Vodafone Idea Annual General Meeting
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Vodafone Idea Share Pledge
Promoters created an encumbrance (non-disposal undertaking) on 328 crore shares for the company's benefit. This disclosure is provided as part of the quarterly shareholding pattern filing.
Vodafone Idea Management Change
Vodafone Idea Limited has appointed Mr. Manoj Murali as the company's new Chief Operating Officer, effective October 19, 2026.
Vodafone Idea Share Pledge
Vodafone Idea's promoters encumbered 3,280 million shares under a five-year non-disposal undertaking. The encumbrance covers ~16% of equity tied to the Implementation Agreement amendment.