Vodafone idea (NSE: IDEA) share: Today, in this post we’ll discuss about Vodafone idea latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.
Telecom sector company Vodafone-Idea Limited has received the consent of the shareholders for the proposal to raise Rs 20000 crore.
The company is expected to complete the equity fundraising process in the current quarter with the approval of shareholders.
Amidst this news, the shares of Vodafone-Idea Limited rose like a rocket.
On Wednesday, the third trading day of the week, this share rose by about 4 percent and reached the level of Rs 14.
The last closing for the shares was 13.60. Let us tell you that the share had touched the level of Rs 18.42 on January 1, 2024. It also marks the 52-week high for the stock.
What Happens With The Cash
Vodafone-Idea needs capital to implement 5G and strengthen 4G services.
The debt-laden company is planning to raise Rs 45,000 crore through a mix of equity and bonds to take on rivals Jio and Bharti Airtel.
The government also has more than a 33 percent stake in the company.
How Much Debt Does The Company Have?
Vodafone-Idea will have an outstanding debt of 2.15 lakh crore as of December 2023.
This includes the spectrum payment of Rs 1.38 lakh crore and the adjusted gross revenues (AGR) responsibility of the government at Rs 69,020 crore.
Also, the company has the option of convertible debentures in the amount of 1,660 crore, in addition to the dues of the financial and banking institutions.
The Company Is Losing Money
However, at the same time, the company hasn’t been in a position to recuperate from its losses as of yet.
The net loss of the company in the quarter ended December was Rs 6,986 crore.
in comparison to the amount of Rs 7,990 crore one year ago, and Rs 8,738 crore in the quarter before.
Similarly, the number of customers of telecom company Vodafone-Idea is also decreasing every month.
About Vodafone Idea Ltd
Vodafone Idea Limited was formed as a joint venture between Aditya Birla Group, and Vodafone Group. The company is India’s biggest telecom service provider.
In India, the company offers voice and data services on a 2G/3G/4G platform. The company’s large spectrum portfolio will support the growing data and voice demand.
It is committed to providing delightful customer experiences, and to creating a truly “Digital India” by enabling millions to connect and create a better future.
The Company is developing infrastructure for newer and more intelligent technologies.
The company is listed on the Bombay Stock Exchange and National Stock Exchange in India.
Fundamental Analysis of Vodafone Idea Ltd
| Market Cap | ₹ 66,010 Cr. |
| Current Price | ₹ 13.60 |
| 52-wk High | ₹ 18.4 |
| 52-wk Low | ₹ 6.00 |
| Stock P/E | — |
| Book Value | ₹ -18.7 |
| Dividend | 0.00 % |
| ROCE | -3.82 % |
| ROE | — |
| Face Value | ₹ 10.0 |
| P/B Value | — |
| OPM | 39.9 % |
| EPS | ₹ -6.16 |
| Debt | ₹ 2,40,651 Cr. |
| Debt to Equity | — |
Vodafone Idea Ltd Shareholding Pattern
| Promoters Holding | |
| Mar 2023 | 50.36% |
| June 2023 | 50.36% |
| Sept 2023 | 50.36% |
| Dec 2023 | 50.36% |
| Mar 2023 | 48.91% |
| FII Holding | |
| Mar 2023 | 2.28% |
| June 2023 | 2.29% |
| Sept 2023 | 2.46% |
| Dec 2023 | 2.27% |
| Mar 2024 | 2.03% |
| DII Holding | |
| Mar 2023 | 0.54% |
| June 2023 | 0.73% |
| Sept 2023 | 1.80% |
| Dec 2023 | 3.05% |
| Mar 2024 | 2.41% |
| Govt. Holding | |
| Mar 2023 | 33.18% |
| June 2023 | 33.18% |
| Sept 2023 | 33.18% |
| Dec 2023 | 33.18% |
| Mar 2024 | 32.23% |
| Public Holding | |
| Mar 2023 | 13.64 |
| June 2023 | 13.44% |
| Sept 2023 | 12.19% |
| Dec 2023 | 11.14% |
| Mar 2024 | 14.42% |
Vodafone Idea Ltd Share: Last 5 Years’ Financial Condition
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 37,092 Cr |
| 2020 | ₹ 44,958 Cr |
| 2021 | ₹ 41,952 Cr |
| 2022 | ₹ 38,516 Cr |
| 2023 | ₹ 42,577 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ -14,604 Cr |
| 2020 | ₹ -73,878 Cr |
| 2021 | ₹ -44,233 Cr |
| 2022 | ₹ -28,245 Cr |
| 2023 | ₹ -29,983 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 1.82 |
| 2020 | 16.11 |
| 2021 | -4.12 |
| 2022 | -3.08 |
| 2023 | -0.18 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | 10% |
| Current Year: | -4% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | — |
| 3 Years: | — |
| Last Year: | — |
Sales Growth Over 10 Years:
| 10 Years: | 7% |
| 5 Years: | 8% |
| 3 Years: | -2% |
| Current Year: | 2% |
Conclusion
This article is a complete guide about Vodafone Idea Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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