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Vodafone Idea Share Price Target: 2023, 2024, 2025, 2026, 2027, 2028, and 2030

Vodafone Idea Share Price Target: 2023, 2024, 2025, 2026, 2027, 2028, and 2030

If you are looking for “Vodafone Idea share price target” for upcoming years, then you are in the right place. The telecommunications sector is one of the fastest-developing sectors in India. Hence, many investors like to invest in telecommunications companies.
This sector has been experiencing big events during the current decade, such as 2G spectrum auctions and scams, 3G and 4G spectrum allocation, etc. The launch of Reliance Jio on September 1, 2016, marked a significant shift in both the telecom industry and the telecom stock market.
According to TRAI, last month the telecom subscriber base in India crossed the 1.2 billion mark, and Jio led the race for the most number of new additions. Obviously, this reflects on the number of other telecommunications companies such as Airtel, Vodafone, Idea, etc., and there is a decrease in the share price of such companies. In short, the introduction of Reliance Jio made a big impact on the telecom stock.

About Vodafone Idea Ltd.

The Aditya Birla Group and the Vodafone Group have partnered to form Vodafone Idea Limited. The company was created on  Aditya Birla Group and Vodafone Group partnership. On August 31, 2018, Vodafone India and Idea Cellular merged to form a new company called Vodafone Idea Limited. It is India’s leading telecom service provider. The company provides pan-India voice and data services across 2G, 3G, and 4G platforms.
Vi or Vodafone Idea Ltd had 255.10 million subscribers as of July 31, 2022, making it the third largest mobile telecommunications network in India and the tenth largest mobile telecommunications network in the world. In India, the company is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Financials

ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Total Revenue38,644.9042,126.4045,996.8037,823.6028,631.87
Total Revenue Growth (%)(8.26)(8.41)21.6132.10(20.21)
Total Expenses67,044.5066,643.1069,793.4057,047.9035,453.45
Total Expenses Growth (%)0.60(4.51)22.3460.91(4.54)
Profit after Tax (PAT)(28,245.40)(44,233.10)(73,878.10)(14,603.90)(4,168.16)
PAT Growth (%)
Operating Profit Margin (%)(19.26)(15.53)(18.69)(26.31)(7.10)
Net Profit Margin (%)(73.33)(105.43)(164.32)(39.37)(14.73)
Basic EPS (₹)(9.83)(15.40)(27.26)(21.16)(11.36)
(All figures are in ₹ crore, unless stated otherwise)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Total Assets194,029.10203,480.60226,919.60229,699.5098,577.17
Total Assets Growth (%)(4.64)(10.33)(1.21)133.011.94
Total Liabilities255,993.90241,708.60220,939.70170,064.7071,314.71
Total Liabilities Growth (%)5.919.4029.92138.47(0.91)
Total Equity(61,964.80)(38,228.00)5,979.9059,634.8027,262.46
Total Equity Growth (%)(739.27)(89.97)118.7410.23
Net Worth(61,964.80)(38,228.00)5,979.9059,634.8027,262.46
Current Ratio (x)0.280.210.170.340.94
Total Debt to Equity (x)(3.08)(4.12)16.111.822.09
Contingent Liabilities23,228.9025,349.4018,482.1041,202.1031,231.01
(All figures are in ₹ crore, unless stated otherwise)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Return on Equity (%)0.000.00(1,235.44)(24.48)(15.28)
Return on Capital Employed (%)(5.58)(4.75)(6.40)(5.56)(2.28)
Return on Assets (%)(14.55)(21.73)(32.55)(6.35)(4.22)
Interest Coverage Ratio (x)0.77(0.36)(0.55)(1.03)(0.42)
Asset Turnover Ratio (x)0.1920.6119.8116.1428.68
Price to Earnings (x)(1.10)(0.60)(0.12)(1.09)(7.92)
Price to Book (x)(0.50)(0.70)1.490.271.21
EV/EBITDA (x)13.5210.626.4325.8514.05
EBITDA Margin (%)41.9740.8035.4812.8722.63
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Total Revenue38,318.2041,931.1045,801.1037,932.1028,435.10
Total Revenue Growth (%)(8.62)(8.45)20.7433.40(19.85)
Total Expenses66,618.1066,142.0069,363.6056,861.0035,395.90
Total Expenses Growth (%)0.72(4.64)21.9960.64(4.06)
Profit after Tax (PAT)(28,237.20)(46,293.70)(73,131.50)(14,056.00)(4,458.30)
PAT Growth (%)
Operating Profit Margin (%)(19.16)(14.92)(18.30)(25.65)(7.41)
Net Profit Margin (%)(73.87)(111.08)(163.55)(38.13)(16.02)
Basic EPS (₹)(9.82)(16.11)(26.97)(20.33)(12.07)
(All figures are in ₹ crore, unless stated otherwise)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Total Assets193,931.40203,131.40228,886.30233,053.10101,950.70
Total Assets Growth (%)(4.53)(11.25)(1.79)128.596.46
Total Liabilities255,367.60240,839.00219,885.00169,548.6071,349.90
Total Liabilities Growth (%)6.039.5329.69137.63(0.96)
Total Equity(61,436.20)(37,707.60)9,001.3063,504.5030,600.80
Total Equity Growth (%)(518.91)(85.83)107.5328.99
Net Worth(61,436.20)(37,707.60)9,001.3063,504.5030,600.80
Current Ratio (x)0.350.290.230.360.91
Total Debt to Equity (x)(3.11)(4.18)10.711.711.86
Contingent Liabilities25,831.6025,053.5018,156.6040,573.6017,374.50
(All figures are in ₹ crore, unless stated otherwise)
ParticularsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Return on Equity (%)0.000.00(812.45)(22.13)(14.56)
Return on Capital Employed (%)(5.50)(4.53)(6.11)(5.27)(2.26)
Return on Assets (%)(14.56)(22.79)(31.95)(6.03)(4.37)
Interest Coverage Ratio (x)0.74(0.35)(0.53)(1.00)(0.42)
Asset Turnover Ratio (x)0.1920.5119.5315.8127.29
Price to Earnings (x)(1.10)(0.57)(0.12)(1.13)(7.41)
Price to Book (x)(0.51)(0.70)0.990.251.08
EV/EBITDA (x)14.0910.916.5524.9614.39
EBITDA Margin (%)40.6340.0435.1113.4322.46

Important Note: These price targets of “Vodafone Idea Ltd” are only for reference purpose only, short-term and long-term Vodafone Idea stock price predictions may be different due to the different analyzed time series. This prediction is only if there are positive market sentiments, and any uncertainties in the company or global market condition is not covered in this analysis. 

Vodafone Idea Share Price Target for 2023

During the dreadful Corona epidemic, Vodafone Idea’s share price had fallen to only ₹ 3. But later, its share climbed up to ₹ 16. Right now, the current stock price is around ₹ 7.7. Even in the near future, there is no possibility of changing the price of the stock. When we look at the stock’s 52-week performance, we can see that it has a high of ₹ 11.65 and a low of ₹ 6.30. It is expected that this trend will continue, and there is no more scope for good returns in the coming years.

YearFirst TargetSecond Target
2023₹ 10.50₹ 11.60

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Vodafone Idea Share Price Target for 2024

There is not much change in the share price even after the merger of Vodafone and Idea, as the company has been running losses for the last 5 years (as you can see in the financials) and is still facing tough competition from Jio and Airtel. As a result, the company’s chances of profit are virtually non-existent. 

YearFirst TargetSecond Target
2024₹ 9.60₹ 11.70

Vodafone Idea Share Price Target for 2025

The company operates in an industry that has fierce competition. Also, after the entry of Jio into the telecom sector, the price war has also started. The company has also increased the rates of its tariff plans in the last quarter. Revenue can increase if the company is successful in retaining its customers. But new customers are not joining the company right now because companies like Jio and Airtel are already present in the market.

YearFirst TargetSecond Target
2025₹ 9.80₹ 11.75

Vodafone Idea Share Price Target for 2026

The coming time will be for 5G technology. With this 5G technology, the company is able to provide good facilities to its subscribers. Also, if it is successful in increasing its subscriber count, then good growth can be seen in the business. Post-merger, Vodafone Idea is still struggling to survive. So, a sharp increase in the company’s share price can only be a hopeful investor’s dream. 

YearFirst TargetSecond Target
2026₹ 10.00₹ 11.80

Vodafone Idea Share Price Target for 2027

Vodafone Idea continues to lose its subscriber base. If we compare with Airtel or Jio, then Vodafone Idea is much behind them, and there is no possible way we have seen to compete with them in the market. The subscriber base count decline of the company reaches new heights every month, which is not good news for the company and its investors.

YearFirst TargetSecond Target
2027₹ 10.00₹ 12.00

Vodafone Idea Share Price Target for 2028

Vodafone Idea is currently struggling to save its existence because Jio and Airtel are getting tough competition, and the customers of the company can also go to another company because the 5G era has just started in India. If the price war starts, it will be even more trouble for Vodafone Idea. Due to the price war, only the customers will benefit and not the company. TRAI will definitely have to take some tough steps regarding the price war.

YearFirst TargetSecond Target
2028₹ 9.00₹ 11.00

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Vodafone Idea Share Price Target for 2030

If you want to invest for the long term, then you should always look for good-quality stocks that can give better returns. There is nothing flashy about Vodafone Idea. With very poor financial conditions and an inability to compete, I am not sure whether the company will exist in 2030.

YearFirst TargetSecond Target
2030₹ 9.25₹ 11.75

Vodafone Idea Limited share price targets for 2023, 2024, 2025, 2026, 2028, and 2030 are shown in the table below. 

YearFirst TargetSecond Target
2023₹ 10.50₹ 11.60
2024₹ 9.60₹ 11.70
2025₹ 9.80₹ 11.75
2026₹ 10.00₹ 11.80
2027₹ 10.00₹ 12.00
2028₹ 9.00₹ 11.00
2030₹ 9.25₹ 11.75

Recommendations: Invest in Vodafone Idea Limited stock or sell it?

According to our Forecast System, Vodafone Idea Ltd. stock is not a good long-term investment because it has a negative trend. You can avoid this stock and invest your money in any other stock.

FAQ’s

Vodafone Idea Ltd share price saw a 52 week high of 11.65 and 52 week low of ₹ 6.30.

The first target of Vodafone Idea Ltd.'s share price can be at or below ₹ ₹ 9.60 and the second one is at or below ₹ 11.70 in 2024.

The first target for Vodafone Idea Ltd.'s share price in the next five years is ₹ ₹ 9 , and the second target is ₹ 11.

In the next 7 years, the first target for Tata Motors Ltd.'s share price can be ₹ ₹ 9.25 , and the second is ₹ 11.75.

According to our Forecast System, Vodafone Idea Ltd. stock is not a good option for investment purposes. You can avoid this stock and invest your money somewhere else.

Vodafone Idea Ltd share can be quickly analyzed on following metrics:

  • PE Ratio of Vodafone Idea is -1.30
  • Earning per share of Vodafone Idea is -5.95
  • Price to Book ratio of Vodafone Idea is -0.60

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