Share of Vodafone Idea Limited is currently trading at around Rs.8.25. Existing as well as prospective Investors are asking for Vodafone Idea Share Price Targets from 2024 to 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you about the Vodafone Idea Share Price targets from 2024 to 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Vodafone Idea Ltd:
Vodafone Idea Limited (VIL) has been facing persistent financial challenges. In Q3FY24, its revenue marginally improved by 0.5% year-on-year to ₹106.7 billion, driven by growth in its 4G subscriber base, which reached 125.6 million, and an increase in Average Revenue Per User (ARPU) to ₹145, reflecting a 7.4% rise YoY. EBITDA grew by 4.1% YoY to ₹43.5 billion, with the EBITDA margin increasing to 40.8%. However, the company continues to face significant net losses, which stood at ₹79.9 billion for the quarter
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The company’s substantial debt burden remains a critical issue, with total gross debt at ₹2,149.6 billion, including deferred spectrum obligations and AGR liabilities. While VIL has made efforts to reduce its debt to banks and financial institutions, the overall financial strain limits its capacity for aggressive capital expenditure
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On the operational front, VIL is investing in expanding its 4G network and has initiated efforts towards 5G rollout, including spectrum refarming and engaging in trials with new technologies like vRAN and ORAN. The company added 1,400 4G sites in the last quarter and is focusing its capital expenditure on 17 priority circles
Looking ahead, the company’s prospects hinge on several factors:
- 5G Rollout: While VIL is progressing with trials and technology partnerships, the timeline for a significant 5G rollout is uncertain due to financial constraints.
- Subscriber Growth: Continuous growth in the 4G subscriber base and ARPU improvements suggest potential for operational stabilization.
- Government Support and Fundraising: Additional equity infusion, either through government measures or external investors, will be critical for addressing debt and funding future growth initiatives.
- Digital Strategy: Expanding digital services on the Vi app, such as bill payments and marketplaces, reflects diversification efforts.
Despite incremental operational improvements, VIL’s heavy debt and limited cash flow present substantial risks. The company’s ability to navigate these challenges will be pivotal to its future growth and competitiveness in the Indian telecom market
Share Price Targets:
Vodafone Idea Share Price Target 2024
Based on the above discussion and analysis, the share price of Vodafone Idea is likely to touch the level of around Rs.9-10 in 2024
Vodafone Idea Share Price Target 2025
Based on the above discussion and analysis, the share price of Vodafone Idea is likely to remain in the range of Rs.11-12 in 2025.
Vodafone Idea Share Price Target 2030
Based on the above discussion and analysis, the share price of Vodafone Idea is likely to remain in the range of Rs.20-24 in 2030
Vodafone Idea Share Price Target 2035
Based on the above discussion and analysis, the share price of Vodafone Idea is likely to remain in the range of Rs.38-40 in 2035.
Vodafone Idea Share Price Target 2040
Based on the above discussion and analysis, the share price of Vodafone Idea is likely to remain in the range of Rs.65-75 in 2040
Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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