ALFA Finder| Revenue growth | 6.0% YoY |
|---|---|
| Margins | EBITDA margin improved 130 bps YoY to 43.1%. |
| Order book | Placed capex orders worth ₹9,000 Cr with Ericsson, Nokia, Samsung. |
| Demand visibility | Strong traction in 4G/5G upgrades and M2M verticals. |
| Management confidence | High; citing positive trends in all 7 critical business parameters. |
Growth
Revenue grew 6.0% YoY; Cash EBITDA increased 13.5% YoY to ₹2,475 Cr. ARPU improved 10.2% YoY to ₹195.
Outlook
Guided ₹45,000 Cr capex over 3 years. Targeting 3x cash EBITDA growth by FY29 with 16.8% CAGR.
Risks
Geopolitical headwinds and supply chain constraints impaired capex deployment; elevated net debt and competitive intensity remain concerns.
Last quarter's promises, checked
Delivered
- Guided 3-year capex plan of ₹45,000 Cr → delivered ₹9,000 Cr initial orders (= BEAT)
- Targeted positive net subscriber addition → delivered first positive net adds since merger (= BEAT)
- Guided focus on 4G/5G mix (66.9% in Q4) → delivered 67.4% in Q1 (= BEAT)
Partly delivered
- Guided 5G rollout in 80+ cities → delivered 5G rollout expansion toward 200+ cities (= PARTIAL)
Missed
- Guided bank debt reduction to ₹726 Cr → delivered ₹211 Cr (Note: Result is positive, but capex deployment was impaired by supply chain) (= MISS)
Earnings Call Transcript filed with BSE, NSE: IDEA. Summary written with AI assistance from the document.
Vodafone Idea Ltd: key numbers
- Share price
- ₹13.03
- Market cap
- ₹1,41,171 Cr
- Revenue (annual)
- ₹44,873 Cr
- Net profit (annual)
- ₹34,552 Cr
- P/E (TTM)
- 3.8×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.
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