Vodafone Idea Q4 Review - A Small Step In The Right Direction: Motilal Oswal

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Vodafone Idea Ltd. saw a healthy flow through of December 2021 tariff hikes – with cumulative increase of average revenue per user and Ebitda at 14% and 20% over Q2 FY22-Q4 FY22, respectively, significantly better than the previous tariff hikes when the revenue/Ebitda flow through was notably lower. Additional equity infusion from promoter too aided in fulfilling non-convertible debenture repayments of Rs 50 billion. The subscriber churn, though, still continues. Further, its Q4 FY22 annualised adjusted Ebitda of below Rs 80 billion is not sufficient to fulfill its FY23E repayments. Yet, Vodafone Idea is spending intensively on network capex to retain market share. Therefore, the much awaited capital raise remains critical in providing immediate liquidity even after the tariff hikes..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Vodafone Idea Q4 Review - A Small Step In The Right Direction: Motilal Oswal

Vodafone Idea Q4 Review - A Small Step In The Right Direction: Motilal Oswal

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