Vodafone Idea Limited (NSE: IDEA) — India’s third-largest telecom operator — has been one of the most closely watched stocks in the Indian market. As of October 2025, its share price hovers around ₹8.50, down sharply from its 52-week high but showing stabilization after a period of steep declines.
Despite massive financial challenges and mounting debt, the company’s efforts to roll out 5G services, expand digital offerings, and improve Average Revenue Per User (ARPU) have kept investors curious. With government relief measures and promoter support, investors are speculating whether Vodafone Idea could stage a long-term turnaround between 2025 and 2050.
About Vodafone Idea Limited
Vodafone Idea (Vi) was formed from the merger of Vodafone India and Idea Cellular in 2018, creating a telecom powerhouse serving millions of subscribers across India. The company offers mobile, broadband, and enterprise connectivity services, with a growing focus on digital transformation and 5G rollout.
As of FY2025, Vi operates across 22 telecom circles, covering over 215 million subscribers. While the competition from Reliance Jio and Bharti Airtel remains intense, Vodafone Idea is striving to regain lost market share through tariff hikes, network upgrades, and new financing plans.
Fundamental Analysis
Revenue & Profit Trends
Vodafone Idea reported revenue of ₹43,571 crore in FY2025, up 2.1% YoY, driven mainly by tariff increases and stable subscriber ARPU of ₹146. However, the company continues to face losses — posting a net loss of ₹27,383 crore due to high finance costs and depreciation.
EBITDA stood at ₹19,147 crore (a margin of 42.9%), reflecting operational efficiency gains.
Valuation Metrics (P/E, ROE, EPS)
| Metric | FY2025 Value | Remarks |
|---|---|---|
| P/E Ratio | Negative (-3.56) | Due to ongoing losses |
| ROE (Return on Equity) | -38.9% | Reflects negative net worth |
| EPS | -₹4.01 | Continued losses over multiple years |
These figures show the company remains in a loss-making phase, with hopes tied to future tariff hikes and debt restructuring.
Balance Sheet Strength
Vodafone Idea’s balance sheet shows total assets of ₹19,786 crore, against total liabilities of ₹26,819 crore, leading to negative equity of ₹7,032 crore. Debt remains elevated, mainly from spectrum and AGR dues (₹2.3 lakh crore total debt).
Despite this, the company’s liquidity position improved modestly in FY2025 due to fund infusion from promoters and the government’s equity conversion scheme.
Shareholding Pattern (as of Oct 2025)
| Category | Shareholding % |
|---|---|
| Promoters (Vodafone Group & Aditya Birla Group) | 49.4% |
| Government of India | 33.1% |
| Public & Institutions | 17.5% |
The government’s stake has become a critical lifeline, providing confidence in potential financial restructuring.
Past Stock Performance
Over the last decade, Vodafone Idea’s share price has been extremely volatile. From trading near ₹120 in 2015 (pre-merger), it collapsed to below ₹10 by 2025, reflecting massive debt burdens and stiff competition.
However, short-term traders have found opportunities during tariff hike announcements and FPO events, as prices often rebound 15–30% in such phases.
Vodafone Idea Share Price Target 2025 to 2050
| Year | Minimum Target (₹) | Average Target (₹) | Maximum Target (₹) |
|---|---|---|---|
| 2025 | 5 | 8 | 12 |
| 2026 | 8 | 18 | 25 |
| 2027 | 15 | 28 | 35 |
| 2028 | 30 | 45 | 55 |
| 2029 | 50 | 70 | 85 |
| 2030 | 75 | 90 | 100 |
| 2035 | 110 | 150 | 180 |
| 2040 | 140 | 180 | 200 |
| 2045 | 160 | 220 | 260 |
| 2050 | 180 | 300 | 450 |
Vodafone Idea Share Price Prediction 2025 – 2050
Vodafone Idea Share Price Target 2025
In 2025, the company’s focus remains on stabilizing operations and expanding 5G coverage across 22 cities. While debt is still a concern, short-term rallies may arise from government policy support or tariff increases.
Estimated Target Range: ₹5 – ₹12
Vodafone Idea Share Price Target 2026
By 2026, successful execution of 5G monetization and reduction in financial losses could push the stock higher. If ARPU rises to ₹165–₹170, the company may achieve mild profitability at the EBITDA level.
Estimated Target Range: ₹8 – ₹25
Vodafone Idea Share Price Target 2027
2027 could mark a turning point, provided the company manages to refinance its spectrum dues and expand network reliability. Improved subscriber retention and digital partnerships may aid recovery.
Estimated Target Range: ₹15 – ₹35
Vodafone Idea Share Price Target 2028
With broader 5G adoption, enterprise solutions, and potential fundraising or stake dilution, the stock could gain significant traction.
Estimated Target Range: ₹30 – ₹55
Vodafone Idea Share Price Target 2029
If ARPU crosses ₹180 and data consumption continues to grow, Vodafone Idea may start generating modest profits. Institutional confidence could return gradually.
Estimated Target Range: ₹50 – ₹85
Vodafone Idea Share Price Target 2030
By 2030, assuming debt restructuring and sustained profitability, Vi’s long-term trajectory may align with India’s digital growth story.
Estimated Target Range: ₹75 – ₹100
Vodafone Idea Share Price Target 2035
Between 2030 and 2035, Vi could evolve into a debt-light telecom player focusing on technology-driven services, IoT, and digital ecosystems.
Estimated Target Range: ₹110 – ₹180
Vodafone Idea Share Price Target 2040
As India becomes a mature digital economy, telecom demand will remain high. Vi’s participation in broadband and AI-driven services could strengthen its position.
Estimated Target Range: ₹140 – ₹200
Vodafone Idea Share Price Target 2045
If the company successfully diversifies beyond mobile services, long-term valuations could expand.
Estimated Target Range: ₹160 – ₹260
Vodafone Idea Share Price Target 2050
By 2050, Vodafone Idea’s performance will depend on global tech trends, financial discipline, and sustainability in telecom pricing.
Estimated Target Range: ₹180 – ₹450
Growth Drivers
- 5G and Network Expansion: Coverage across 22 cities to boost ARPU and subscriber quality.
- Tariff Hikes: Gradual increases to improve cash flows and EBITDA margins.
- Government Support: Relief packages and equity conversion provide stability.
- Digital Ecosystem: Partnerships for fintech, IoT, and enterprise services.
- Operational Efficiency: Cost controls and asset monetization improve profitability.
- Subscriber Retention Programs: Efforts to reduce churn and grow postpaid segment.
Expert Views
Analysts and market experts remain cautiously optimistic. While short-term weakness persists, many believe the telecom sector’s long-term growth and India’s rising data consumption could favor Vodafone Idea once its financial restructuring is complete.
Risks & Challenges
- High debt burden (₹2.3 lakh crore) limits flexibility.
- Continued subscriber losses to competitors.
- Interest costs and spectrum liabilities impact margins.
- Potential regulatory changes in AGR dues or tariff control.
- Risk of dilution from repeated capital raises.
Investment Suitability
Vodafone Idea is a high-risk, long-term speculative stock. It may appeal to investors with:
- A high-risk appetite, willing to hold through volatility.
- Interest in the turnaround potential of India’s telecom space.
- A long investment horizon (5–10+ years) for gradual recovery.
Conservative investors should wait for consistent profitability before considering entry.
FAQs
1. What will be Vodafone Idea’s share price in 2030?
By 2030, Vodafone Idea’s share price is expected to range between ₹75 and ₹100, depending on debt reduction and 5G monetization success.
2. Can Vodafone Idea reach ₹50 by 2028?
Yes, if the company achieves financial stability and ARPU growth, it could cross ₹50 by 2028 as per optimistic projections.
3. Is Vodafone Idea a good long-term investment?
It carries high risk but high potential reward. The turnaround depends on execution, funding, and telecom market dynamics.
Conclusion
Vodafone Idea’s journey from financial distress to a possible digital revival will test investor patience. While 2025–2027 may bring volatility, the 2030–2050 horizon offers opportunities if the company successfully restructures debt and scales its 5G network.
For now, Vodafone Idea remains a speculative but watchworthy telecom stock, best suited for investors with long-term vision and high risk tolerance.
